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Fidelity’s Crypto Arm Given the Green Light by the New York State Department of Financial Services

Fidelity’s Crypto Arm Given the Green Light by the New York State Department of Financial Services

Fidelity Digital Assets Services (FDAS), the cryptocurrency arm of Fidelity Investments has been granted a license by the New York State Department of Financial Services (NYDFS), allowing the company to offer cryptocurrency trading and custody services.

Binance CEO CZ Denies that US Exchange Arm Was Created to Distract Regulators

Binance CEO CZ Denies that US Exchange Arm Was Created to Distract Regulators

The leaked "Tai Chi" document obtained by Forbes indicates that Binance.US was set up to circumvent regulation—a claim that CEO Changpeng Zhao (CZ) vehemently denies.

Coinbase Will Not Bar Russian Users Unless New Laws Requires: CEO Brian Armstrong

Coinbase Will Not Bar Russian Users Unless New Laws Requires: CEO Brian Armstrong

Coinbase CEO says the exchange will not ban Russian users, citing the fact that many citizens are not supportive of the decision of their president to go to war against Ukraine.

Helium Farm's New Mining Plans Promise Lucrative HNT Returns in 2024

Helium Farm's New Mining Plans Promise Lucrative HNT Returns in 2024

Helium Farm unveils three innovative mining plans in 2024, promising attractive returns on HNT. Offering robust services and global reach, the plans are a blend of profitability and security for investors

Kraken Passes Reserve Audit Proof, Allowing Customers to Verify Crypto Balances

Kraken Passes Reserve Audit Proof, Allowing Customers to Verify Crypto Balances

Kraken exchange has passed a crypto audit by Armanino LLP, allowing customers to verify cryptocurrency balances.

Portal Debuts on Binance Launchpool for BNB and FDUSD Farming

Portal Debuts on Binance Launchpool for BNB and FDUSD Farming

Binance Launchpool has added cross-chain gaming startup Portal for a new farming event. Users can earn PORTAL tokens by staking BNB and FDUSD over 7 days starting February 22nd. PORTAL will then list on Binance against major trading pairs.

Lemonade to Offer Blockchain-Powered Climate Insurance for Farmers in Emerging Markets

Lemonade to Offer Blockchain-Powered Climate Insurance for Farmers in Emerging Markets

American insurance company Lemonade has revealed the formation of Lemonade Crypto Climate Coalition which will offer blockchain-enabled climate insurance to the most vulnerable farmers across the globe.

What the U.S. Congress Decides on Crypto Will Ultimately Overstepping their authority

What the U.S. Congress Decides on Crypto Will Ultimately Overstepping their authority

Jake Chervinsky, the Blockchain Association's chief policy officer, criticized the SEC's enforcement-based regulation and urged Congress to regulate the sector.

Shiba Inu ShibArmy Rallies Community Amidst 30% SHIB Price Drop and Shibaswap Delay

Shiba Inu ShibArmy Rallies Community Amidst 30% SHIB Price Drop and Shibaswap Delay

Shib Army acknowledges the current crypto market frustration and the bearish month of September, emphasizing the importance of crediting the Shibarium project and the #SHIBARMY community for their support and unity, encouraging positivity and resilience.

Bitcoin Miner Bitfarms Mines 411 BTC in September 2023

Bitcoin Miner Bitfarms Mines 411 BTC in September 2023

Bitfarms, a Canadian Bitcoin mining firm, mined 411 BTC in September 2023, marking a 7.3% increase from the previous month. The company sold 362 BTC, generating $9.5 million in revenue. Bitfarms has been expanding its operations, including fully energizing its Argentina facility at Rio Cuarto to 51 MW, and increasing its total operating capacity to 233 MW.

Netherlands CBD Producers Harness Blockchain Technology for Enhanced Traceability

Netherlands CBD Producers Harness Blockchain Technology for Enhanced Traceability

A consortium of Netherlands CBD producers called the Cannabinoid Association of the Netherlands (CAN) is leveraging blockchain technology to enhance traceability, accountability, and transparency in the CBD market.

COVID-19 Hits Canadian Crypto Mining Firm Bitfarms, Forced to Lay Off Staff to Maintain Cost Efficiency

COVID-19 Hits Canadian Crypto Mining Firm Bitfarms, Forced to Lay Off Staff to Maintain Cost Efficiency

Publicly-listed Canadian crypto mining form Bitfarms has temporarily reduced employees because of the social and economic challenges caused by the coronavirus outbreak.

OpenSea Acquires Crypto Wallet Dharma Labs for Undisclosed Amount

OpenSea Acquires Crypto Wallet Dharma Labs for Undisclosed Amount

OpenSea, a leading marketplace for non-fungible tokens (NFTs), announced that it had bought cryptocurrencies digital wallet Dharma Labs for an undisclosed amount.

What is Bitcoin Ordinals?

What is Bitcoin Ordinals?

Bitcoin Ordinals, introduced in January 2023 by Casey Rodarmor, are a way to inscribe digital content on the Bitcoin blockchain.

Bitoasis Layoffs 5% Workforce as Bear Market Concern Grows

Bitoasis Layoffs 5% Workforce as Bear Market Concern Grows

Bitoasis is the latest company to acknowledge the effects of the current crypto bear markets that have triggered much bigger layoffs in major crypto firms.

Opinion: How Bitcoin Options Might Help Survival amid the Bear Market?

Opinion: How Bitcoin Options Might Help Survival amid the Bear Market?

As inflation is at an all-time high, options contracts could be a good way to hedge some risks to trade an asset in the future at a predetermined price.

Winklevoss Backs Ethereum DeFi Craze, Despite Crypto Downtrend and Market Experts' Concerns

Winklevoss Backs Ethereum DeFi Craze, Despite Crypto Downtrend and Market Experts' Concerns

With speculations that the decentralized finance (DeFi) industry is rapidly approaching bubble territory, the Winklevoss twins have vouched for the contrary, saying that the current DeFi craze is a revolution in the making.

Precedent Trial of SBF Engrosses Coinbase Executives as FTX Faces Judicial Scrutiny

Precedent Trial of SBF Engrosses Coinbase Executives as FTX Faces Judicial Scrutiny

The criminal trial against Sam Bankman-Fried (SBF) of FTX, slated to commence on October 4, 2023, under Judge Kaplan, has garnered attention from Coinbase executives, Brian Armstrong and Paul Grewal. Through Twitter, Grewal shared his extensive federal court experience and expectations for the jury selection process, sparking a broader discussion on legal procedures in high-profile crypto cases. The trial, amidst FTX's ongoing legal challenges, highlights the crypto industry's intricate regulatory landscape.

VP Bank Partners with Metaco for Digital Asset Custody Services

VP Bank Partners with Metaco for Digital Asset Custody Services

VP Bank has teamed up with Metaco to enhance its digital asset custody and tokenization operations. The partnership will allow VP Bank to leverage Metaco's Harmonize platform for asset minting, burning, and storage.

Bitcoin Still Needs Time to Form a Resilient Bottom, Glassnode Suggests

Bitcoin Still Needs Time to Form a Resilient Bottom, Glassnode Suggests

A report from Glassnode suggests the Bitcoin (BTC) market still has not touched the bottom, despite capitulation happening.

DeFi Reaches $12 Billion in Total Value Locked as Ethereum Transacts 2X More Than Bitcoin Daily

DeFi Reaches $12 Billion in Total Value Locked as Ethereum Transacts 2X More Than Bitcoin Daily

The growth of the DeFi industry has led to an explosive increase in popularity in Ethereum-compatible stablecoins.

Coinbase CEO Avoids Mainstream Media, Prefers YouTube, Podcasts and Blogs

Coinbase CEO Avoids Mainstream Media, Prefers YouTube, Podcasts and Blogs

Brian Armstrong the Coinbase CEO, has joined the list of cryptocurrency executives who prefer to leverage their own blogs and platforms to distribute information to the media, as opposed to direct contact with any journalists.

Ripple on the Brink of Decisive Win as SEC Legal Battle Nears End

Ripple on the Brink of Decisive Win as SEC Legal Battle Nears End

Ripple is expected to win a legal battle with the SEC, potentially settling $20 million or less. This victory is expected due to legal perspectives and the recent Second Circuit Court ruling, impacting digital currency regulation.

Crypto Market Resurgence: Is the Crypto Winter Finally Over?

Crypto Market Resurgence: Is the Crypto Winter Finally Over?

While investors might be optimistic about the recent bullish trend, a major question then surfaces: Does this recovery imply a return to the bullish green days?

Bitfarms Sells 1500 BTC Goes for New Loan to Boost Liquidity

Bitfarms Sells 1500 BTC Goes for New Loan to Boost Liquidity

Bitfarms has now relied on sales of some of its mined Bitcoins and borrowings to fund its capital expenditure and improve its liquidity.

Coinbase: Moving America Forward or Moving out of US?

Coinbase: Moving America Forward or Moving out of US?

In an effort to promote the importance of cryptocurrency and its potential to revolutionize the global financial system, Coinbase, the leading crypto exchange, launched a national campaign, "Crypto: Moving America Forward."

Coinbase CEO Brian Armstrong To Sell 2% Stake to Fund Science and Tech Development

Coinbase CEO Brian Armstrong To Sell 2% Stake to Fund Science and Tech Development

Science and technology play a crucial role in responding to the most important issues facing the world today. This is why Coinbase CEO is funding the initiative.

R3 Highlights the Transformative Potential of Tokenization in Finance

R3 Highlights the Transformative Potential of Tokenization in Finance

R3, a leading enterprise blockchain software firm, discusses the transformative potential of tokenization in the financial sector. The company emphasizes the need for regulatory frameworks and industry standards to unlock the full benefits of digital assets. According to a June 2023 report from Bernstein, $5 trillion in assets could be tokenized in the next five years, offering significant opportunities for market participants.

DeFi Protocol Harvest Finance Put Out $100K Bounty After $24M Attack, FARM Token Crashes

DeFi Protocol Harvest Finance Put Out $100K Bounty After $24M Attack, FARM Token Crashes

Harvest Finance is taking the offensive against an alleged attacker who exploited the DeFi protocols liquidity pools—putting a $100K bounty on the hacker.

British Army Recovers Twitter & YouTube Accounts following Crypto Scam Hack

British Army Recovers Twitter & YouTube Accounts following Crypto Scam Hack

The British Army recovered from crypto scams after hackers breached its YouTube and Twitter accounts on July 3.

Coinbase CEO: Americans are Investing Their COVID Stimulus Checks in Bitcoin

Coinbase CEO: Americans are Investing Their COVID Stimulus Checks in Bitcoin

Brian Armstrong, the CEO of US-based crypto exchange Coinbase, has revealed data showing how $1,200 deposits similar to the stimulus checks being offered to Americans by the government has skyrocketed this week. Coinbase is the leading crypto exchange in the American soil.

Coinbase CEO Criticizes Singapore's Aim to Become a Web3 Hub at Expense of Crypto Trading

Coinbase CEO Criticizes Singapore's Aim to Become a Web3 Hub at Expense of Crypto Trading

Armstrong seems to say that Singapore can’t become a Web3 hub while doing away with cryptocurrency.

Yearn.finance Takes Pickle Finance Protocol Onboard to Enhance DeFi Rewards

Yearn.finance Takes Pickle Finance Protocol Onboard to Enhance DeFi Rewards

Leading DeFi protocol Yearn.finance has absorbed Pickle Finance to create a structure that will leverage shared expertise, boost specialization, and minimize work duplication.

Crypto Winter Beats Top Crypto Billionaires from US Ranking - Forbes

Crypto Winter Beats Top Crypto Billionaires from US Ranking - Forbes

The downturn in the broader digital currency ecosystem has hit some notable billionaires in the US, pulling four names out of the wealthiest American’s list according to Forbes data.

United Nations Showcases NFTs Meant to Foster Climate Change Awareness

United Nations Showcases NFTs Meant to Foster Climate Change Awareness

The United Nations, through its UN-Habitat program, is taking advantage of NFTs to create awareness about the global climate crisis through an initiative called DigitalArt4 Climate.

King’s College Report: Blockchain Could be Pivotal in Nuclear Disarmament

King’s College Report: Blockchain Could be Pivotal in Nuclear Disarmament

Through its new policy report, King’s College London discloses that blockchain technology could be pivotal in dismantling nuclear warheads reliably, securely, and safely.

Mangofarm Scandal: Solana's Blockchain Ensnared in Alleged Ponzi Scheme Ties

Mangofarm Scandal: Solana's Blockchain Ensnared in Alleged Ponzi Scheme Ties

Mangofarm, Solana blockchain, cryptocurrency scam, Banana Miner Ponzi scheme, digital currency security, blockchain fraud, crypto investment caution, Richard Matthew John O’Neill, decentralized finance, investor vigilance

SEC Chair on FTX Collapse: Investors Need Better Protection

SEC Chair on FTX Collapse: Investors Need Better Protection

SEC Chair Gary Gensler says investors need more protection in the wake of FTX collapse

Bitcoin Ordinals Creator Casey Rodarmor Expands Ecosystem with "Runes"

Bitcoin Ordinals Creator Casey Rodarmor Expands Ecosystem with "Runes"

Casey Rodarmor, known for his innovative Bitcoin Ordinals, has introduced a new fungible token protocol for Bitcoin called "Runes." The protocol aims to simplify user experience and could bring significant advantages to Bitcoin, despite the controversial reputation of fungible tokens.

Indonesia’s Chronic Crop Data Problem Solved by Blockchain

Indonesia’s Chronic Crop Data Problem Solved by Blockchain

Indonesia has been a victim of unreliable crop data, and this has hindered the optimality of its agricultural sector. This nation has been grappling with the lack of accurate data when it comes to issues, such as crop output. HARA, a Jakarta-based startup, seeks to address this challenge by deploying blockchain technology.

Bitcoin Miner Bitfarms Mined 1,223 BTC but with $25 Million Net Loss in Q2 2023

Bitcoin Miner Bitfarms Mined 1,223 BTC but with $25 Million Net Loss in Q2 2023

Bitfarms mined 1,223 BTC in Q2 2023, reaching a hashrate of 5.3 EH/s. Revenue was $35M, with a net loss of $25M. The firm also secured 150 MW of hydropower.

Bitfarms Records $40m in Total Revenue and 900 BTC Mined in Q1 2022

Bitfarms Records $40m in Total Revenue and 900 BTC Mined in Q1 2022

Bitfarms expressed its happiness with the progress that it continues to make. The firm achieved record levels of hash rate, revenue, and Bitcoin mined in the first quarter.

Harmony Plans to Mint billions of New ONE Tokens for Reimbursement

Harmony Plans to Mint billions of New ONE Tokens for Reimbursement

Harmony is planning a hard fork to mint billions of new harmony (ONE) tokens to reimburse victims of its bridge hack last month.

Dubai’s Free Zone to Bridge the UAE-India Agriculture Trade Gap with Blockchain

Dubai’s Free Zone to Bridge the UAE-India Agriculture Trade Gap with Blockchain

Dubai Multi Commodities Centre has established a blockchain agriculture trading and sourcing platform to link India's rural farmers with the UAE food sector.

Crypto Conferences Scale Back

Crypto Conferences Scale Back

Crypto conferences have toned down the extravagance in response to the extended crypto winter, with attendees focusing on discussing regulation and tax. The XRP Las Vegas conference for XRP enthusiasts and the “XRP Army” highlighted frustration over regulatory clarity in the United States. Meanwhile, regulation was the primary topic at a recent Binance Australia meetup event, where attendees asked intelligent questions despite the ongoing bear market. Interest in crypto remains strong, even as conferences scale back.

Twitter CEO Jack Dorsey Says Coinbase CEO's Apolitical Stance "Leaves People Behind"

Twitter CEO Jack Dorsey Says Coinbase CEO's Apolitical Stance "Leaves People Behind"

Following the move by Coinbase to offer severance packages to staff who disagree with the ‘apolitical’ stance of the firm, Twitter’s CEO Jack Dorsey has slammed the move.

Coinbase Cuts Employees By 18% as Market Outlook Remains Bleak

Coinbase Cuts Employees By 18% as Market Outlook Remains Bleak

CEO Brian Armstrong has announced that approximately 18% of all of Coinbase Global Inc’s workforce will be laid off as the cryptocurrency trading platform strategizes to navigate the now evident crypto winter.

Coinbase Finally Files IPO with SEC—Is Brian Armstrong a Capitalist or Cypherpunk?

Coinbase Finally Files IPO with SEC—Is Brian Armstrong a Capitalist or Cypherpunk?

The Coinbase Initial Public Offering (IPO) has finally been filed and now awaits the review and approval of the Securities and Exchange Commission (SEC).

European Parliamentary Research Service (EPRS) Letter on Benefits and Challenges for Children in the Metaverse

European Parliamentary Research Service (EPRS) Letter on Benefits and Challenges for Children in the Metaverse

The European Parliamentary Research Service (EPRS) has highlighted the potential benefits and challenges for children in the metaverse. While the metaverse can enhance creativity and learning, it also poses risks related to privacy, harmful content, and exploitation. Both the European Union and the private sector are taking steps to protect children, but more efforts are needed to ensure their safety in this virtual environment.

Ex-Coinbase Ventures Lead to Join Core Team at Synapse

Ex-Coinbase Ventures Lead to Join Core Team at Synapse

Following successful stints at crypto firms Coinbase and Dharma, Max Bronstein has joined DeFi-focused company Synapse.

Bitcoin Enters the Deepest Phase of the Current Bear Cycle as Price Slips to an 18-Month Low

Bitcoin Enters the Deepest Phase of the Current Bear Cycle as Price Slips to an 18-Month Low

After briefly slipping to the $21K zone, Bitcoin (BTC) continues to trade at levels last seen in December 2020. Glassnode believes BTC is entering the deepest part of the present bear cycle, given that even long-term holders are experiencing losses.

Fox Renews Dan Harmon Krapopolis for Third Season Amid NFT Tie-Up

Fox Renews Dan Harmon Krapopolis for Third Season Amid NFT Tie-Up

Fox has renewed the animated comedy series, Krapopolis, for a third season before its first season even airs. Produced by Fox Corp’s NFT firm Blockchain Creative Labs, the show features NFTs called “Krap Chickens” that depict cartoon chicken avatars in the same art style as the show, and holders are given exclusive access to experiences, content, rewards, and voting rights on certain aspects of the show. In other NFT-related news, Baobab Studios sold out its first collection of 8,888 NFTs just nine hours after launch, and Flare welcomed its first NFT platform after Sparkles went live. Additionally, Square Enix’s NFT-friendly CEO, Yosuke Matsuda, is stepping down after nearly 10 years at the helm.

Could DeFi’s Yield Farming Craze Hinder Ethereum 2.0’s Upcoming Launch?

Could DeFi’s Yield Farming Craze Hinder Ethereum 2.0’s Upcoming Launch?

According to a report by ConsenSys, high yields gained from DeFi protocols running on the Ethereum blockchain may be problematic for ETH 2.0 in the long run.

Bitcoin Miner Bitfarms Starts Production in Argentina

Bitcoin Miner Bitfarms Starts Production in Argentina

The new production facility marks Bitfarms’ 10th mining facility and Argentina as the fourth country where the firm conducts its mining activities, besides the U.S., Canada, and Paraguay.

Yearn Finance (YFI) DeFi Token Hits $38K, Smashing Bitcoin's Price Record with 3,500% Price Surge

Yearn Finance (YFI) DeFi Token Hits $38K, Smashing Bitcoin's Price Record with 3,500% Price Surge

Yearn.finance (YFI) surged to a new all-time high over the weekend, recording a market value north of $38,000 per token and beating Bitcoin’s record in 2017.

Blockchain Can Make Patients Profit From Personal Health Data

Blockchain Can Make Patients Profit From Personal Health Data

Jim Nasr, a healthtech expert who is the Vice President of Technology and Innovation at Certara, has forecasted that blockchain could assist patients own, share, and monetize their own health data.

What Can We Learn From Coinbase CEO Brian Armstrong's Coronavirus Outbreak Contingency Plan for Employees?

What Can We Learn From Coinbase CEO Brian Armstrong's Coronavirus Outbreak Contingency Plan for Employees?

US health officials from the Centers for Disease Control and Prevention stated that the coronavirus “is not recognized to be spreading in US communities.”

Coinbase CEO Armstrong and Tech Giant Apple Butt Heads over Crypto and dApps

Coinbase CEO Armstrong and Tech Giant Apple Butt Heads over Crypto and dApps

Coinbase CEO Brian Armstrong has voiced his disappointment over Apple’s lack of flexibility on decentralized applications (dApps) operating on its App store.

KuCoin Refutes Job Cut Rumours, Disclosing to Hire amid Crypto Winter

KuCoin Refutes Job Cut Rumours, Disclosing to Hire amid Crypto Winter

KuCoin has denied claims of planning to lay off. The exchange, on the contrary, discloses it is planning to hire more staff to join.

Bitcoin Miner Bitfarms Mined 378 BTC and Sold 333 in July

Bitcoin Miner Bitfarms Mined 378 BTC and Sold 333 in July

Bitcoin Miner Bitfarms mined 378 BTC and sold 333 in July 2023. The report details expansion plans, including a move to double hydropower capacity, and highlights challenges faced.

Coinbase Layer 2 Network

Coinbase Layer 2 Network

Coinbase's new layer-2 network, Base, has Ethereum supporters. One lawyer thinks the launch "opens the way" for the SEC to expedite its "secondary market agenda."

Brian Amstrong Sees Bitcoin as a Flight to Safety Asset in 5 -10 Yrs

Brian Amstrong Sees Bitcoin as a Flight to Safety Asset in 5 -10 Yrs

Coinbase's Brian Armstrong foresees Bitcoin serving as a safe investment asset in about a decade

CVS Pharmacy Files for NFT and Metaverse Trademarks Registration

CVS Pharmacy Files for NFT and Metaverse Trademarks Registration

Healthcare giant CVS Pharmacy has filed for a new trademark with the intention of offering Non-Fungible Token (NFT) related products.

BNB Chain's Red Alert Flags 191 High-Risk Projects

BNB Chain's Red Alert Flags 191 High-Risk Projects

Binance's BNB Chain has added 191 new high-risk projects and decentralized applications (DApps) to its weekly red alarm list. The list is based on smart contract assessment and includes projects suspected of issuing fake tokens, having high tax fees, or malfunctioning websites or Twitter handles. The alert is aimed at helping users research before investing, and does not represent the risk level of the underlying DApp projects.

Ethereum Crypto Crashes to $340 After SushiSwap’s Alleged Exit Scam

Ethereum Crypto Crashes to $340 After SushiSwap’s Alleged Exit Scam

The price of Ethereum (ETH) crashed recently, dropping to a low of $315 over the weekend, after hitting an all-time high of $487 last Wednesday.

Vitalik Buterin Sceptical About DeFi Yield Farming, Compares It to US Federal Reserve Money Printing

Vitalik Buterin Sceptical About DeFi Yield Farming, Compares It to US Federal Reserve Money Printing

Vitalik Buterin has criticized the yield farming craze observed from the DeFi sector, comparing it to the US Federal Reserve’s mass printing strategy.

HSBC to Initiate Institutional Digital Assets Custody Service in 2024

HSBC to Initiate Institutional Digital Assets Custody Service in 2024

HSBC plans to launch a digital assets custody service for institutional clients in 2024, partnering with Metaco to expand its digital offerings to include tokenised securities.

Uniswap Anticipates Voting Outcome on Second Governance Proposal of a 5 million UNI Airdrop

Uniswap Anticipates Voting Outcome on Second Governance Proposal of a 5 million UNI Airdrop

The Uniswap community is currently voting on its second governance proposal for distributing 5 million UNI governance tokens to the DEX's users.

19 Crypto Billionaires Rank among Forbes’ Annual World’s Billionaires List, Increased by 58% from Last Year

19 Crypto Billionaires Rank among Forbes’ Annual World’s Billionaires List, Increased by 58% from Last Year

The number of crypto billionaires increased from 12 in 2020 to 19 in 2021, increased by 58%, according to the Forbes’ Annual World’s Billionaires list.

The French Army Validates its Judicial Expenses via Tezos Blockchain

The French Army Validates its Judicial Expenses via Tezos Blockchain

The French Army has revealed that it has been using the Tezos Blockchain to authenticate its judicial expenses through a smart contract. This development makes Tezos the first blockchain to be used for operative intentions by a public entity.

Unilever to Use Blockchain for Transparency and Traceability to Achieve Deforestation-Free Supply Chain by 2023

Unilever to Use Blockchain for Transparency and Traceability to Achieve Deforestation-Free Supply Chain by 2023

Unilever, the consumer goods company that owns brands such as Ben & Jerry’s, Dove, Vaseline, Knorr, and other well-known brands, has announced that it will be leveraging blockchain to tackle deforestation.

Virginia Pension Fund Enters Crypto Lending Space to Enhance Returns

Virginia Pension Fund Enters Crypto Lending Space to Enhance Returns

Fairfax County Retirements Systems, a $6.8 billion Virginia pension fund, seeks to expand its scope by entering the crypto lending market to boost its returns.

Coinbase CEO Criticizes Anti-Crypto Stance of American Politicians

Coinbase CEO Criticizes Anti-Crypto Stance of American Politicians

Coinbase CEO Brian Armstrong warns that anti-crypto politicians may face strategic disadvantages in 2024 elections due to growing crypto adoption and the proposed Digital Asset Anti-Money Laundering Act's impact.

The Coffee Board of India Views Blockchain-Driven Platform as the Holy Grail

The Coffee Board of India Views Blockchain-Driven Platform as the Holy Grail

At least 30,000 coffee farmers have signed up for a blockchain-driven electronic-market platform since it was launched by the Coffee Board of India (CBoI) in March

Federal Reserve Lifts Enforcement Action on FTX-Linked Farmington Bank

Federal Reserve Lifts Enforcement Action on FTX-Linked Farmington Bank

The Federal Reserve has terminated its enforcement action against Farmington State Bank, linked to the collapsed crypto exchange FTX, marking the bank's shift away from operations and reinforcing depositor protection efforts.

No Significant Risk Exposure to FTX or FTT, Says Coinbase CEO

No Significant Risk Exposure to FTX or FTT, Says Coinbase CEO

Coinbase CEO Brian Armstrong tweeted that Coinbase has no significant exposure to FTX and its platform currency FTT, as well as Alameda's exposure.

Blockchain-Powered Farm to Plate Portal to Mitigate Recalls

Blockchain-Powered Farm to Plate Portal to Mitigate Recalls

Farm to Plate, a blockchain-enabled provenance tracking portal by Paramount Software Solutions, is set to address the challenge of recalls witnessed in the food & beverage sector.

Australian Crypto Community Remains Enthusiastic Despite Regulatory Concerns

Australian Crypto Community Remains Enthusiastic Despite Regulatory Concerns

Despite regulatory concerns dominating discussions at recent crypto conferences in the US and Australia, the crypto community remains enthusiastic about the potential of digital assets. Attendees are more focused on discussing intelligent questions around regulation and tax rather than the extravagances of past events. Interest in crypto remains high, and the rise in the price of Bitcoin is encouraging the crypto-curious to attend conferences and ask beginner-level questions.

DeFi to Reach $20 Billion in Total Value Locked by the end of 2020

DeFi to Reach $20 Billion in Total Value Locked by the end of 2020

The decentralized finance (DeFi) industry recently reached over $15 billion in total value locked before dropping back to $14 billion in TVL.

Coinbase Executives Stand Up for Crypto Staking Services

Coinbase Executives Stand Up for Crypto Staking Services

Crypto trading Coinbase officials deny its crypto staking services are securities.

BTC Miner Bitfarms' Energy Capacity Touches 21% in July

BTC Miner Bitfarms' Energy Capacity Touches 21% in July

Bitfarms' increase in energy capacity reached 166 megawatts following the firm's completion of the second phase of construction at a location in Canada.

Lido Launches Layer-2 Ethereum Staking And 150,000 LDO Tokens In Rewards

Lido Launches Layer-2 Ethereum Staking And 150,000 LDO Tokens In Rewards

Lido is now live on layer-2 solutions, Arbitrum, and Optimism, and would allocate 150,000 LDO tokens in rewards per month from Oct 7 for wstETH across each network.

$140,000 in UNI Tokens Lost to a DeFi Yield Farming Scam: The Cautionary Tale of Jhon Doe

$140,000 in UNI Tokens Lost to a DeFi Yield Farming Scam: The Cautionary Tale of Jhon Doe

A story of a DeFi yield farmer who lost $140,000 in UNI tokens while unknowingly participating in a fraudulent yield farming project.

Harmony Launches Bored Ape Yacht Club Passport

Harmony Launches Bored Ape Yacht Club Passport

Harmony, the blockchain platform based on the Ethereum chain, announced the launch of Bored Ape Yacht Club Passport, supporting cross-chain activities.

CEO of IcomTech Pleads Guilty in Cryptocurrency Ponzi Scheme

CEO of IcomTech Pleads Guilty in Cryptocurrency Ponzi Scheme

Marco Ruiz Ochoa, former CEO of IcomTech, pleaded guilty to conspiracy to commit wire fraud for his role in a large-scale cryptocurrency Ponzi scheme. The company falsely promised high returns on cryptocurrency investments and used promotional tactics to lure victims. Ochoa now faces up to 20 years in prison.

Kyber Network Advises Removal of Funds Amid Potential Vulnerability

Kyber Network Advises Removal of Funds Amid Potential Vulnerability

Kyber Network has advised liquidity providers to remove their funds due to a potential vulnerability in the Kyberswap Elastic decentralized crypto exchange. No funds have been lost, and farming rewards have been temporarily suspended until a new smart contract can be deployed.

Bitfarms Achieves Milestone with 446 BTC Mined in December 2023, Marking Significant Growth

Bitfarms Achieves Milestone with 446 BTC Mined in December 2023, Marking Significant Growth

In December 2023, Bitfarms reported a productive month with 446 BTC mined, $18.9M in revenue from BTC sales, and a $84M year-end cash reserve.

FinCEN's Proposed Crypto Rule Does Not “Follow Proper Procedure”- Coinbase CEO

FinCEN's Proposed Crypto Rule Does Not “Follow Proper Procedure”- Coinbase CEO

Coinbase CEO Brian Armstrong criticized the FinCEN's proposed regulatory procedure for cryptocurrencies, calling it ill-advised.

What Coinbase CEO’s Crypto Regulation Rumors Mean for Bitcoin if Pushed by US Treasury?

What Coinbase CEO’s Crypto Regulation Rumors Mean for Bitcoin if Pushed by US Treasury?

Brian Armstrong, CEO of Coinbase, warned that the Trump Administration may be targeting Bitcoin on its way out of office through regulation, but what impact could it have?

Reddit Intends to Tokenize Karma Points and Onboard Half a Million Users to Web3

Reddit Intends to Tokenize Karma Points and Onboard Half a Million Users to Web3

Reddit reportedly plans to decentralize social media, with its latest plans being to tokenize Karma Points using the Ethereum blockchain.

IBM Unveils NorthPole: An Energy-Efficient AI Chip Prototype

IBM Unveils NorthPole: An Energy-Efficient AI Chip Prototype

IBM has introduced a new prototype AI chip named NorthPole, exhibiting remarkable speed and energy efficiency, as reported in Science Magazine on October 19, 2023. The chip, showcasing a 25-fold higher energy efficiency and a 22-fold lower time latency on benchmark tests, addresses the longstanding von Neumann bottleneck by melding memory with computation on-chip. This innovation opens up avenues for applications like autonomous surgery and self-driving vehicles, with continued research on this architecture already underway at IBM.

Coinbase CEO Criticizes Chase UK’s Crypto Transaction Ban

Coinbase CEO Criticizes Chase UK’s Crypto Transaction Ban

Coinbase CEO, Brian Armstrong, condemns Chase UK's restrictive stance on cryptocurrency transactions, urging UK crypto holders to close their Chase accounts. This move by Chase UK could potentially impede Coinbase's expansion plans in the UK and Europe.

Coinbase CEO's Top 10 Crypto Opportunities Questioned by BlockTower Founder

Coinbase CEO's Top 10 Crypto Opportunities Questioned by BlockTower Founder

Ari Paul, BlockTower Capital's Chief Investment Officer, has criticized Coinbase CEO Brian Armstrong's cryptocurrency vision, highlighting ten key opportunities such as decentralized cryptocurrency, blockchain-based reputation systems, decentralized advertising, and a marketplace for labor, while also criticizing on-chain reputation systems and underfunding of peer-to-peer exchanges.

1Bn Crypto Users Forecasted in the Next Decade, Says Coinbase CEO

1Bn Crypto Users Forecasted in the Next Decade, Says Coinbase CEO

Brian Armstrong, CEO of Coinbase Global Inc, predicted there would be up to 1 billion users of cryptocurrencies within the next decade.

Exclusive from Hedera Hashgraph CEO: Hashgraph is BFT, Blockchains are not

Exclusive from Hedera Hashgraph CEO: Hashgraph is BFT, Blockchains are not

In this second part of our exclusive interview with Mance Harmon, CEO and Co-Founder of Hedera Hashgraph, we discuss the Hashgraph’s unique consensus mechanism, Hedera Hashgraph 2.0 and why the hashgraph is ACID compliant while blockchains are not.

Coinbase Refuses to Mix Politics With Business, Offers Unsatisfied Staff Severance Packages

Coinbase Refuses to Mix Politics With Business, Offers Unsatisfied Staff Severance Packages

Coinbase CEO Brian Armstrong has announced a generous severance package to staff who find it difficult to focus on the company’s missions.

New York State Trust License - Fidelity’s Step Towards Mass Crypto Adoption?

New York State Trust License - Fidelity’s Step Towards Mass Crypto Adoption?

Fidelity’s cryptocurrency investment arm, Fidelity Digital Assets (FDAS) has filed for a trust license in the state of New York according to several sources.

Crypto Exchange OKEx Delists Five Privacy Coins due to FATF Rules

Crypto Exchange OKEx Delists Five Privacy Coins due to FATF Rules

Cryptocurrency exchange OKEx’s Korean arm will be delisting all five privacy altcoins including Monero (XMR), Dash (DASH), Zcash (ZEC), Horizen (ZEN), and Super Bitcoin (SBTC).

CIA Eyes Blockchain Technology with New Research Lab

CIA Eyes Blockchain Technology with New Research Lab

US Central Intelligence Agency has rolled an in-house R&D arm dubbed CIA Labs to scale up technological and scientific breakthroughs for future intelligence challenges.

SEC Delays Decision on Overstock-Backed Security Token Exchange

SEC Delays Decision on Overstock-Backed Security Token Exchange

The SEC has extended the timeline for its to disapprove or approve operations by the BSTX, a security token exchanged affiliated with Overstock’s blockchain arm tZERO.

Binance.US Preps Ripple XRP Holders for Spark Token Airdrop, Over 81,500 XRP Accounts Ready for Tomorrow’s Snapshot

Binance.US Preps Ripple XRP Holders for Spark Token Airdrop, Over 81,500 XRP Accounts Ready for Tomorrow’s Snapshot

Binance.US, the US-based cryptocurrency arm of Binance, has been all over the Spark token airdrop despite announcing support at the very last minute.

Square Wants Less Technical User-Friendly Cryptocurrency Wallets

Square Wants Less Technical User-Friendly Cryptocurrency Wallets

Square Crypto, the cryptocurrency arm of the online payment service provider Square Inc is set to fund the development of crypto wallets with enhanced UX.

Fidelity Digital Assets Demystifies Common Misconceptions Surrounding Bitcoin

Fidelity Digital Assets Demystifies Common Misconceptions Surrounding Bitcoin

Fidelity Digital Assets, the US-based crypto arm of Fidelity, has taken it upon itself to debunk common misconceptions revolving around Bitcoin.

First Crypto Fund Approved by Hong Kong’s Financial Regulator Aims to Pass $100M in its First Year

First Crypto Fund Approved by Hong Kong’s Financial Regulator Aims to Pass $100M in its First Year

Hong Kong’s first approved cryptocurrency fund, Arrano Capital, the blockchain arm of Venture Smart Asia announced its rollout of a new Bitcoin fund in Hong Kong.

AMD Purchases Xilinx in All-Stock Transaction to Develop Mining Devices

AMD Purchases Xilinx in All-Stock Transaction to Develop Mining Devices

A month and a half after Nvidia purchased Arm, AMD also announced its $35b acquisition of Xilinx. Will it alter the ecosystem of crypto mining?

Ping An of China’s Blockchain Unit Chooses US over Hong Kong for IPO

Ping An of China’s Blockchain Unit Chooses US over Hong Kong for IPO

Chinese insurance giant, Ping An Insurance’s financial technology arm, OneConnect is leaning towards choosing New York over Hong Kong for its initial public offering (IPO) this year in mid-November.

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