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US Court Indicts Alleged Lazarus Group Members in $250 Million Crypto Exchange Theft

US Court Indicts Alleged Lazarus Group Members in $250 Million Crypto Exchange Theft

Two Chinese nationals, Tian YinYin and Li Jiadong were sanctioned yesterday by the US Government yesterday for their alleged involvement in laundering stolen cryptocurrency from a 2018 cyberattack. The pair have been charged with stealing nearly $250 million in virtual assets and laundering the money through converting BTC to USD and Chinese Yuan as well as through iTunes gift cards.

US SEC Signs Contracts with Blockchain Analytics Firm Anchain.Ai to Monitor DeFi Sector

US SEC Signs Contracts with Blockchain Analytics Firm Anchain.Ai to Monitor DeFi Sector

The US SEC has awarded contracts to monitor unwanted movements across the DeFi sector. The SEC has tapped Anchain.AI artificial intelligence and blockchain company to help the regulator to analyze and trace smart contracts with the technology.

S. Korean Regulators Oppose Busan's Regulatory Measures for Foreign Crypto Exchanges

S. Korean Regulators Oppose Busan's Regulatory Measures for Foreign Crypto Exchanges

South Korean financial authorities expressed their opposite stance against Busan City to provide special regulatory support for partners to establish digital asset exchanges.

US Officials Consider Expanding Deposit Insurance Coverage

US Officials Consider Expanding Deposit Insurance Coverage

US officials are discussing the possibility of expanding deposit insurance beyond the current cap of $250,000 to cover all bank deposits, according to Bloomberg. However, sources have said that such a move is not necessary at the moment, as recent steps taken by financial regulators are likely to be sufficient. This potential strategy is being considered in case the current situation worsens.

Russian PM Considers Digital Assets for Cross Border Payment

Russian PM Considers Digital Assets for Cross Border Payment

Mikhail Mishustin, the Prime Minister of Russia, has hinted at the need to incorporate digital assets into the country’s economy as a way to ensure sustainable payment for goods and services in international trade.

Stablecoin USDC Issuer Circle Launches Verit-based Institutional Digital Identity System

Stablecoin USDC Issuer Circle Launches Verit-based Institutional Digital Identity System

On October 1, Circle, the US dollar stablecoin USDC issuer, announced the launch of an institutional digital identity system based on Verit, an open source framework for the issuance, custody and verification of decentralized identity credentials.

Shiba Inu Rises 13% as Robinhood Petition Passes 300,000

Shiba Inu Rises 13% as Robinhood Petition Passes 300,000

Shiba Inu rose 13% following an uproar for Robinhood Markets Inc to add the token to its platform. The token has gained more than 40 million % over the past year.

Why MicroStrategy Invested $425M in Bitcoin Rather than Gold

Why MicroStrategy Invested $425M in Bitcoin Rather than Gold

Michael Saylor says that Bitcoin is digital gold and explains his choice in diversifying his company’s investment portfolio with BTC over gold.

Grayscale Files with US SEC to Convert GBTC Into Bitcoin Spot ETF

Grayscale Files with US SEC to Convert GBTC Into Bitcoin Spot ETF

Grayscale believes that if the SEC approves a futures-based ETF, the agency should be open to approve the physical based ETFs.

BlockFi to Sell $160 Million in Bitcoin Mining Machine

BlockFi to Sell $160 Million in Bitcoin Mining Machine

BlockFi aims to offer $160 million in loans secured by 68,000 Bitcoin mining equipment. November saw the crypto lender declare Chapter 11 bankruptcy. Defaulted loans may be undercollateralized.

Worldcoin (WLD) Advances Privacy with Personal Custody for Iris-Scanned IDs

Worldcoin (WLD) Advances Privacy with Personal Custody for Iris-Scanned IDs

Worldcoin introduces Personal Custody, enhancing user control over biometric data generated via iris-scanning orbs for secure ID verification.

SushiSwap CEO Suggests New Tokenomics For Liquidity And Decentralization

SushiSwap CEO Suggests New Tokenomics For Liquidity And Decentralization

The chief executive officer of SushiSwap, Jared Grey, is working on revamping the tokenomics of the decentralized exchange Sushi. In addition to a token-burning mechanism and a liquidity lock for price support, time-lock tiers will be included for emission-based incentives. These features will also be available. Instead of receiving a portion of the cash generated by the 0.05% swap fee, SUSHI (xSUSHI) tokens that have been staked will be rewarded according to their emissions. It is possible to make withdrawals before the time locks have reached their full maturity, but any rewards will be lost and destroyed.

Hedera Hashgraph Chief Scientist Dr. Leemon Baird—Defeating the Byzantine Generals and Bringing a Layer of Trust to the Internet

Hedera Hashgraph Chief Scientist Dr. Leemon Baird—Defeating the Byzantine Generals and Bringing a Layer of Trust to the Internet

In our exclusive interview with Hedera’s Chief Scientist and Co-Founder Dr. Leemon Baird, Blockchain.News gets the details on how Hedera Hashgraph achieves Asynchronous Byzantine Fault Tolerance, the growing Hedera Governing Council and the use of the Hedera Hashgraph DLT to prevent coupon fraud.

Spotify removes AI-generated music

Spotify removes AI-generated music

Spotify has removed 7% of AI-generated music created by Boomy due to fraudulent streaming activities. Universal Music Group had alerted Spotify of suspicious streaming activity on Boomy tracks. The removal of the songs was due to suspected artificial streaming by bots posing as listeners. Music industry giants like UMG are fighting to control AI, while some artists like Grimes are championing its use.

Venezuelan President Nicolas Maduro Leverages Coronavirus Pandemic for National Petro Adoption

Venezuelan President Nicolas Maduro Leverages Coronavirus Pandemic for National Petro Adoption

Venezuela’s president, Nicolas Maduro has announced a new campaign aiming to help the medical staff in his nation by airdropping one Petro to each actively working doctor amid the coronavirus pandemic.

Australian Companies Signed Deal to Develop Blockchain-Driven Virtual Power Plants

Australian Companies Signed Deal to Develop Blockchain-Driven Virtual Power Plants

Power Ledger, a Perth-based energy trading software company, and Powerclub, an Australian electricity wholesaler, have signed a deal to offer households unparalleled authority over their energy usage via a blockchain-based virtual power plant.

Lazarus Group Circumvents Sanctions, Launders $12M Via Tornado Cash

Lazarus Group Circumvents Sanctions, Launders $12M Via Tornado Cash

North Korea's Lazarus Group has reportedly resumed laundering stolen cryptocurrency through Tornado Cash, circumventing international sanctions.

FTX.US Exchange Acquires Regulated Derivatives Provider LedgerX

FTX.US Exchange Acquires Regulated Derivatives Provider LedgerX

FTX.US has acquired CFTC licensed derivatives provider LedgerX for an undisclosed sum.

Binance Launches Incentive Campaign for USDC-M Perpetual Contracts

Binance Launches Incentive Campaign for USDC-M Perpetual Contracts

Binance launches a dual-incentive promotional campaign for USDC-margined perpetual contracts, targeting deposits and trading activities to stimulate market engagement and diversify trading options in the crypto futures market.

South Korean Watchdogs Request Interpol’s Red Notice against Do Kwon

South Korean Watchdogs Request Interpol’s Red Notice against Do Kwon

The controversy surrounding Do Kwon’s whereabouts continues to grow, given that South Korean prosecutors asked Interpol to issue a red notice against the Terraform Labs’ founder.

Bitcoin Can’t Drive Financial Inclusion for Unbanked But CBDC Can says Mastercard CEO

Bitcoin Can’t Drive Financial Inclusion for Unbanked But CBDC Can says Mastercard CEO

Ajay Banga, the CEO of Mastercard believes Bitcoin is unable to function as an inclusive currency for the world’s unbanked due to volatility, CBDCs are a different story.

Bitcoin Surges Past $20,000, Ether Bounces As USD Weakens

Bitcoin Surges Past $20,000, Ether Bounces As USD Weakens

Bitcoin surged on Tuesday breaking back above the $20,000 level while major altcoins led by Ether rose on a positive market upturn as the US dollar fell.

Binance Trading Platform Licenses in Bahrain, Canada

Binance Trading Platform Licenses in Bahrain, Canada

The year 2021 is finally going to end on a great note for Binance, the world’s largest cryptocurrency exchange, as it has secured double licenses from the Central Bank of Bahrain (CCB) and Canada.

The SpaceX Token Scam: A Cautionary Tale in Cryptocurrency Fraud

The SpaceX Token Scam: A Cautionary Tale in Cryptocurrency Fraud

SpaceX Tokens, a cryptocurrency linked to SpaceX, are allegedly used for decentralized funding and community engagement, but evidence suggests they are part of a scam involving fake advertisements and social media.

The Bank for International Settlements

The Bank for International Settlements

Industry executives and authorities have raised worries about crypto market structure after the 2022 meltdown.

Sushi Announces Final Steps for Trident Pools Deprecation, Urges Liquidity Withdrawal

Sushi Announces Final Steps for Trident Pools Deprecation, Urges Liquidity Withdrawal

Sushi has begun the final deprecation phase of Trident Pools, advising users to withdraw liquidity before March 15, 2024, to ensure a smooth transition.

Response to Facebook Libra? EU Banks Can Deploy Payment System By 2020

Response to Facebook Libra? EU Banks Can Deploy Payment System By 2020

All banks in the eurozone could share the instant payment system at the end of 2020, as reported by Reuters on 26 June.

South Korea Advances CBDC Pilot Project: Jeju, Busan, and Incheon Selected as Test Regions

South Korea Advances CBDC Pilot Project: Jeju, Busan, and Incheon Selected as Test Regions

South Korea selects Jeju, Busan, and Incheon for its CBDC pilot project, excluding Seoul. The Bank of Korea aims to test digital currency issuance and distribution.

Over Half of Crypto Token Listings Show Signs of Insider Trading, Reveals Solidus

Over Half of Crypto Token Listings Show Signs of Insider Trading, Reveals Solidus

In an eye-opening study, Solidus, a leading crypto market integrity platform, has uncovered signs of insider trading associated with more than half of all cryptocurrency token listings since 2021.

UK Media Mogul Calls DeFi a Revolution Against Corrupt Global Banking System

UK Media Mogul Calls DeFi a Revolution Against Corrupt Global Banking System

Alexander Lebedev, the billionaire UK media mogul and former banker has endorsed the revolutionary power of DeFi against a corrupt global banking system.

Compass Mining to Sold $30m Worth of Assets in Russia to Fend Off Sanctions

Compass Mining to Sold $30m Worth of Assets in Russia to Fend Off Sanctions

Compass Mining, an American cryptocurrency mining firm, is looking for buyers for its gears stranded in Russia in a bid to avoid being sanctioned by the United States Department of Treasury.

Paxos Discusses BUSD Stablecoin With SEC Following Wells

Paxos Discusses BUSD Stablecoin With SEC Following Wells

Paxos CEO Charles Cascarilla said the business was "engaged in productive negotiations" with the SEC and will continue to communicate privately.

US Lawmaker Mike Collins' $65K Ethereum Investments: Navigating Ethics and Market Dynamics

US Lawmaker Mike Collins' $65K Ethereum Investments: Navigating Ethics and Market Dynamics

Rep. Mike Collins discloses purchasing up to $65,000 in Ethereum in early 2024, amid market surges and political events. His actions, while legal under the STOCK Act, raise questions about ethical implications and the need for stricter regulations in lawmakers' digital asset investments.

BitMEX Research: Inflation Aftermath of Coronavirus Financial Crash Will Be Bitcoin's Greatest Test

BitMEX Research: Inflation Aftermath of Coronavirus Financial Crash Will Be Bitcoin's Greatest Test

In the aftermath of the current Coronavirus market crash and the subsequent incoming inflation that will be caused by the response of the Federal Reserve and Central banks, Bitcoin will face its truest test and be given its its biggest opportunity to prove itself in its short lifetime according to new research from global crypto exchange BitMEX.

Crypto Exchange Coinsmart Announces Donations for Ukrainian Humanitarian Crisis

Crypto Exchange Coinsmart Announces Donations for Ukrainian Humanitarian Crisis

Canada-based cryptocurrency exchange CoinSmart announced it would donate aid for the emergency humanitarian crisis in Ukraine to help Ukrainian refugees.

Gold Regains Its Old Shines While Bitcoin Struggles to Maintain $37,500 Level

Gold Regains Its Old Shines While Bitcoin Struggles to Maintain $37,500 Level

Gold moves higher while Bitcoin still struggles to maintain the support of around $37,000.

Gamifying the Online Casino Experience with NFTs

Gamifying the Online Casino Experience with NFTs

Australian online gambling operators are utilizing gamification strategies to enhance player experience, incorporating features like progress bars, NFTs, VIP programs, and PvP tournaments, despite concerns about addiction and legality.

FTX Founder to Forfeit $700 Million

FTX Founder to Forfeit $700 Million

If convicted of fraud, FTX founder Sam Bankman-Fried will lose $700 million. 55,273,469 Robinhood shares were confiscated by the U.S.

Insurance Firms in China and Hong Kong Count on Blockchain to Fast Track Coronavirus Claims Amid Outbreak

Insurance Firms in China and Hong Kong Count on Blockchain to Fast Track Coronavirus Claims Amid Outbreak

Xiang Hu Bao, an online mutual aid platform, a subsidiary of Ant Financial, is a “collective claims-sharing mechanism built on blockchain that offers basic health plans to its 104 million participants.” Most of its users are Chinese citizens from lower-tier cities, and in rural areas. By utilizing blockchain technology, settlements have been made more efficient, and fraudulent claims have been reduced.

US Treasury to Increase DeFi Regulation

US Treasury to Increase DeFi Regulation

The US Treasury conducted a risk assessment of DeFi, finding it lacking in AML/CFT compliance, and reported money laundering, scammers, and North Korean hackers benefiting from the sector. The Treasury response to Biden's executive order suggests more regulation for DeFi, including compliance with the Bank Secrecy Act.

Marathon Digital Holdings Sells Some of Its Bitcoin for the First Time

Marathon Digital Holdings Sells Some of Its Bitcoin for the First Time

In January, Marathon Digital, the second-largest Bitcoin holder after Michael Saylor's Microstrategy, sold 1,500 BTC.

Australian Farmer Teams Up with FreshChain for Watermelon Traceability via Blockchain

Australian Farmer Teams Up with FreshChain for Watermelon Traceability via Blockchain

Andrew Martens, an Australian owning Marto Farms, has joined hands with Fresh Chain Systems, a local tech firm, in deploying blockchain technology on his watermelon labels to propel traceability. Buyers across Australia will, therefore, be able to trace the originality of the fruit.

Switzerland to Freeze Crypto Assets Linked to Russians

Switzerland to Freeze Crypto Assets Linked to Russians

Switzerland will join the UK, the US, and western allies in strengthening sanctions against Russia after its invasion of Ukraine.

FTX Japan Loses Thousands of Users After Resuming Withdrawals

FTX Japan Loses Thousands of Users After Resuming Withdrawals

Over 7,026 FTX Japan members have transferred $50 million in crypto and cash to Liquid.

CFTC Commissioner Clarifies the Agency's Sweeping Rights to Regulate Crypto Derivatives

CFTC Commissioner Clarifies the Agency's Sweeping Rights to Regulate Crypto Derivatives

CFTC Commissioner Dawn D. Stump has given several clarifications that show the agency has powers to regulate cryptocurrencies.

Billionaire Investor Mike Novogratz Refuses to Lose Faith in Bitcoin

Billionaire Investor Mike Novogratz Refuses to Lose Faith in Bitcoin

Mike Novogratz, the CEO and founder of Galaxy Digital asset management company, explains why he still loves cryptocurrencies.

Expobank Sets Precedent in Russia by Issuing the First Crypto-Backed Loan

Expobank Sets Precedent in Russia by Issuing the First Crypto-Backed Loan

Russian commercial bank Expobank has set the ball rolling in this nation by issuing a loan secured by crypto tokens, Waves crypto was used as collateral.

FTX and Busan Reaches Deal to Accelerate Blockchain Businesses

FTX and Busan Reaches Deal to Accelerate Blockchain Businesses

The City of Busan and the cryptocurrency exchange FTX signed a business agreement to support the establishment of the Busan Digital Asset Exchange.

Facebook, Google, Twitter Face $600 Million Class Action Lawsuit Over Cryptocurrency Ad Ban

Facebook, Google, Twitter Face $600 Million Class Action Lawsuit Over Cryptocurrency Ad Ban

The trio of Facebook, Google and Twitter have been slammed by a $600 million class-action lawsuit by a group of companies and individuals backed by Sydney based JPB Liberty

Circle CEO Expects Yuan-Backed Stablecoins Despite China's Crypto Ban

Circle CEO Expects Yuan-Backed Stablecoins Despite China's Crypto Ban

According to SCMP, despite the stringent ban on cryptocurrencies in mainland China, Jeremy Allaire, the co-founder and CEO of Circle, a leading operator of the USDC stablecoin, foresees a significant role for yuan-backed stablecoins in the global crypto market.

FTX US and Alameda Research File Complaint Against FTX Digital Markets

FTX US and Alameda Research File Complaint Against FTX Digital Markets

FTX US and Alameda Research have filed a complaint against FTX Digital Markets, alleging that the Bahamas-based company was a "fraudulent enterprise" used to conceal the issue of the firm's ownership. The complaint claims that the claims made by FTX Digital Markets will harm FTX.com customers and other creditors of the FTX Debtors as the company continues with bankruptcy proceedings in the United States.

Russia Plans to Use Digital Rouble In Settlements with China, Says Lawmaker

Russia Plans to Use Digital Rouble In Settlements with China, Says Lawmaker

Russia used to resist legalizing crypto. However, it is now willing to embrace the use of cryptocurrency for cross-border payments due to geopolitical tensions.

Fortune Business Insights: Blockchain-as-a-Service Market to Skyrocket to $24 Billion by 2027

Fortune Business Insights: Blockchain-as-a-Service Market to Skyrocket to $24 Billion by 2027

Fortune Business Insights, a leading publisher of market research reports, has revealed that the blockchain-as-a-service (BaaS) sector will escalate to $24.94 billion by 2027 from $1.9 billion recorded in 2019, representing a compound annual growth rate (CAGR) of 39.5%. This uptrend will be fueled by small and medium enterprises (SMEs) as they are viewing blockchain technology as an optimal solution for the numerous challenges they face, like access to bank loans, trade financing, and cash flow difficulties.

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.

Texas Man Charged for Using COVID-19 Small Business Relief Funds to Buy Crypto

Texas Man Charged for Using COVID-19 Small Business Relief Funds to Buy Crypto

Texas resident Joshua Thomas Argires has been charged for investing COVID-19 relief funds in cryptocurrencies

Russia's Apex Bank Grants DFA License to Atomyze, the Nation's First

Russia's Apex Bank Grants DFA License to Atomyze, the Nation's First

The Central Bank of Russia (CBR) has granted the Digital Financial Assets (DFA) services license to Atomyze LLC, the first startup in the country to become an asset manager.

Twitter CEO Endorses Bitcoin For Black America

Twitter CEO Endorses Bitcoin For Black America

According to his tweet on February 23rd, while promoting the book discussing Bitcoin’s huge potential benefits to the African-American community, Jack Dorsey, CEO of Twitter who is no stranger to controversies in the media, used the fanbase of his Twitter platform for this cause.

Defiance ETFs' NFT-Linked ETF Soon to Launch in the U.S.

Defiance ETFs' NFT-Linked ETF Soon to Launch in the U.S.

Defiance ETFs' Defiance Digital Revolution ETF (ticker NFTZ) is launching on Thursday and will track blockchain-related firms and the NFT index.

KPMG Launches Patent Pending Crypto Analytics Suite KPMG Chain Fusion for Institutions

KPMG Launches Patent Pending Crypto Analytics Suite KPMG Chain Fusion for Institutions

KPMG has announced its launch of KPMG Chain Fusion, its patent-pending crypto analytics platform to streamline crypto-related services for financial services and FinTech companies.

Serbian Citizen Extradited to US to Face Crypto-Related Fraud Charges

Serbian Citizen Extradited to US to Face Crypto-Related Fraud Charges

An accused scammer has arrived in the US from Serbia to face charges that he and other six conspirators involved in a crypto fraud scheme that defrauded investors out of over $70 million.

Moneygram Partners with Stellar Blockchain Network to Enable Instant Crypto-To-Fiat Settlements Using USDC Stablecoin

Moneygram Partners with Stellar Blockchain Network to Enable Instant Crypto-To-Fiat Settlements Using USDC Stablecoin

MoneyGram has partnered with Stellar Development Foundation to enable customers to make settlements in different fiat currencies including cryptocurrencies using USDC stablecoin.

SushiSwap Reaches Over $1 Billion in TVL as Uniswap Sees Massive Plummet After Rewards Ended

SushiSwap Reaches Over $1 Billion in TVL as Uniswap Sees Massive Plummet After Rewards Ended

SushiSwap’s token SUSHI made a huge rebound this week, surging by nearly 90 percent in one week.

Magic Eden Halts BRC-20 Trading Temporarily Amid Ordinals Expansion

Magic Eden Halts BRC-20 Trading Temporarily Amid Ordinals Expansion

Magic Eden temporarily suspended BRC-20 trading on October 22, 2023, to ensure user protection until certain BRC-20 regulations were agreed upon. Earlier in June, the platform had extended support for BRC-20 tokens, diving deeper into the Bitcoin ecosystem. Following the halt, trading resumed on July 13, 2023, with a promotional reduction in listing fees to 0.1% for new BRC-20 tokens for a month.

Is Cryptocurrency the Answer? Egypt’s Central Bank Limits Daily Cash Withdrawals Amid Coronavirus Crisis

Is Cryptocurrency the Answer? Egypt’s Central Bank Limits Daily Cash Withdrawals Amid Coronavirus Crisis

Egypt is facing a severe cash crunch as the country is feeling the economic pressure of the coronavirus outbreak. The central bank of Egypt has instructed local banks to begin restricting daily withdrawals and has instructed citizens not to withdraw so much money.

Binance.US Appoints Ant Group Executive to Succeed Former CEO Brian Brooks

Binance.US Appoints Ant Group Executive to Succeed Former CEO Brian Brooks

Binance.US has finally hired former Ant Group Executive Brian Shroder as the next CEO to take over the role that Brian Brooks left.

Ripple and Onafriq Forge Alliance for Blockchain-Enabled Payments in Africa

Ripple and Onafriq Forge Alliance for Blockchain-Enabled Payments in Africa

Ripple and Onafriq are collaborating to introduce blockchain-powered cross-border payments, aiming to improve transaction efficiency and financial inclusion in Africa, the GCC, the UK, and Australia.

Chinese Version CBDC (Digital Yuan) Applied to Guangzhou Housing Provident Fund Loans

Chinese Version CBDC (Digital Yuan) Applied to Guangzhou Housing Provident Fund Loans

The Guangzhou Housing Provident Fund Management Center has successfully implemented the usage of the Chinese version of the Central Bank Digital Currency (CBDC), commonly known as the digital Yuan, for housing provident fund loans.

China’s Central Bank Digital Currency DCEP Has Been Processed in Pilot Transactions Worth 1.1 Billion Yuan

China’s Central Bank Digital Currency DCEP Has Been Processed in Pilot Transactions Worth 1.1 Billion Yuan

In the race to be the first country to launch a functional CBDC, China appears to be in the lead, as it has begun experimenting with its digital currency.

BTC Surges after Elon Musk Discussed With North American BTC Miners

BTC Surges after Elon Musk Discussed With North American BTC Miners

Elon Musk disclosed that he held discussions with North American Bitcoin miners and agreed to support efforts to make crypto mining greener.

Dogecoin Becomes the 8th Largest Cryptocurrency After a Tremendous 313% Weekly Gain

Dogecoin Becomes the 8th Largest Cryptocurrency After a Tremendous 313% Weekly Gain

Dogecoin has skyrocketed to the 8th spot on the crypto market after a tremendous 313% weekly gain.

Property or Not? Bitcoin Thieves Released Because “Bitcoin is Not Property”

Property or Not? Bitcoin Thieves Released Because “Bitcoin is Not Property”

A Russian Court recently ruled a Bitcoin theft case as innocent, stating that Bitcoin was not considered a property. The victim sought restitution, after being robbed of 100 Bitcoins.

Korean Prosecutors Consulting if LUNA Classified "Security"

Korean Prosecutors Consulting if LUNA Classified "Security"

The probe into Terraform Labs by South Korean prosecutors is taking a whole new twist as watchdogs are making consultations on how best to classify the collapsed LUNA tokens - now known as Luna Classic (LUNC).

Coinbase and Circle Add Algorand Blockchain to Multi-Chain USDC Stablecoin Framework—Faster than Ethereum

Coinbase and Circle Add Algorand Blockchain to Multi-Chain USDC Stablecoin Framework—Faster than Ethereum

Coinbase and Circle Centre Consortium have expanded USDC from Ethereum to Algorand’s blockchain as part of its multi-chain USDC framework.

DCG Completes Payment of Short-Term Debts to Dissolved Crypto Lender Genesis

DCG Completes Payment of Short-Term Debts to Dissolved Crypto Lender Genesis

Digital Currency Group paid up all short-term loans to Genesis, a previous bitcoin lending platform, as promised. DCG repaid $700 million in 2023 despite crypto sector woes. Genesis filed for bankruptcy in early 2023 after a withdrawal halt due to obligations of over $3.5 billion to its principal creditors. The bitcoin market is changing significantly with this development.

Binance Halts Certain Trading Pairs and Disables PayID AUD Deposits Amid Tightening Australian Regulations

Binance Halts Certain Trading Pairs and Disables PayID AUD Deposits Amid Tightening Australian Regulations

In an ongoing adaptation to tighter Australian regulations, Binance, the world's largest cryptocurrency exchange, has announced significant changes affecting its Australian users.

5% of Coinbase Employees Leave the Exchange, Rejecting Its “Apolitical Stance”

5% of Coinbase Employees Leave the Exchange, Rejecting Its “Apolitical Stance”

About 60 employees have left Coinbase cryptocurrency exchange because of the firm’s new controversial policy.

Nous Launches World's 1st Decentralised Hedge Fund

Nous Launches World's 1st Decentralised Hedge Fund

Blockchain start-up Nous Systems has announced the launch of the world's first decentralised hedge fund built on blockchain technology.

Data Shows US Economy Shrinks Amid Recession while Crypto Surges in Bearish Rally

Data Shows US Economy Shrinks Amid Recession while Crypto Surges in Bearish Rally

According to the New York Empire State Index, a weakening of the U.S economy is worrying manufacturers. Meanwhile, Bitcoin and other cryptocurrencies are seeing a rally in their movements.

US Crypto Holders Trust Banks and Exchanges for Custody

US Crypto Holders Trust Banks and Exchanges for Custody

A recent survey by Paxos revealed that a majority of US crypto holders still trust banks, exchanges, and mobile payment apps for custody of their assets. Despite high-profile collapses and poor risk management practices, crypto owners continue to trust intermediaries for holding crypto assets. The survey also found an increasing desire among consumers to purchase Bitcoin and other digital assets from traditional banks, presenting a significant untapped opportunity for banks to expand their offerings.

How Can Bitcoin Be A Safe-Haven Asset When It Is So Greatly Influenced by a Tweet, says Peter Schiff

How Can Bitcoin Be A Safe-Haven Asset When It Is So Greatly Influenced by a Tweet, says Peter Schiff

Peter Schiff says Bitcoin is not money, pointing to the influence Elon Musk's tweets has over the cryptocurrency as an explanation.

Bitcoin Cash advocate Roger Ver sued for $20.8 million

Bitcoin Cash advocate Roger Ver sued for $20.8 million

Genesis sued Roger Ver for $20.8 million in unpaid crypto options. GGC International sued Ver in New York State Supreme Court on Jan. 23. BCH has not reacted to the lawsuit.

ZachXBT's Defamation Lawsuit Receives Over $1 Million in Donations as Prominent Figures Rally Support

ZachXBT's Defamation Lawsuit Receives Over $1 Million in Donations as Prominent Figures Rally Support

In a surprising turn of events, renowned on-chain analyst ZachXBT has exceeded his initial fundraising target, amassing a staggering $1,055,233 in donations, according to Nansen data. This remarkable achievement has been made possible through contributions from various entities and influential figures within the crypto industry.

Invesco Puts Blame on U.S. SEC Rules for Decision to Withdraw Bitcoin Futures ETF

Invesco Puts Blame on U.S. SEC Rules for Decision to Withdraw Bitcoin Futures ETF

Invesco eventually talked about what prompted it to pull out its filing for Bitcoin futures ETF. The firm faulted SEC rules for the disaster.

Coinbase to Boost European Derivatives Market Presence with MiFID II License Acquisition

Coinbase to Boost European Derivatives Market Presence with MiFID II License Acquisition

Coinbase is set to expand in the EU derivatives market by acquiring a MiFID II licensed entity in Cyprus, targeting regulated derivatives offerings like futures and options in 2024.

World Economic Forum Blockchain Lead Explains: To What Extent Can Blockchain Solve Supply Chain Issues?

World Economic Forum Blockchain Lead Explains: To What Extent Can Blockchain Solve Supply Chain Issues?

Blockchain.News exclusively interviewed the World Economic Forum’s blockchain project lead, Nadia Hewett, to get to know more about the Forum’s current blockchain development in the supply chain, and the organization’s future roadmap. The World Economic Forum (WEF) recently published a new blockchain deployment toolkit aimed to help governments, major institutions, and companies of any size to be able to maximize the benefits of integrating blockchain technology in the supply chain sector. The Forum also highlighted the importance of blockchain for addressing the disruption of supply chain caused by the COVID-19 pandemic.

Bakkt's Strategic Expansion Leads to Significant Revenue Growth Amid Crypto Market Recovery

Bakkt's Strategic Expansion Leads to Significant Revenue Growth Amid Crypto Market Recovery

Bakkt Holdings forecasts a substantial revenue increase and a 70% decline in operating cash flow usage for FY 2024, following a robust year of strategic advancements.

Will Bitcoin Skyrocket or Plunge? Young Traders Have Wrecked US Stock Market, Says Fund Manager

Will Bitcoin Skyrocket or Plunge? Young Traders Have Wrecked US Stock Market, Says Fund Manager

The president of Smead Capital Management addressed the topic of current trends of the US stock market in an interview with CNBC.

Senator Lummis Still Trusts Bitcoin For Retirement

Senator Lummis Still Trusts Bitcoin For Retirement

US politician Cynthia Lummis is crypto-friendly. She's unfazed by lawmakers' Bitcoin retirement plan bans. Instead, Elizabeth Warren, Tina Smith, and Richard Durbin want Fidelity to discontinue its BTC-linked 401(k) (k).

Global Supply Chain Financing: A New Era of Resilience and Diversification

Global Supply Chain Financing: A New Era of Resilience and Diversification

Citi's 2024 report on supply chain financing highlights a shift towards resilience and diversification in global trade, emphasizing technological innovations and the adoption of the China Plus One strategy.

Hillary Clinton Fears Cryptocurrency Could Undermine US Dollar and Destabilize Nation States

Hillary Clinton Fears Cryptocurrency Could Undermine US Dollar and Destabilize Nation States

The evolving role of cryptocurrencies is causing many fears. Hilary Clinton advises countries to pay attention to the increasing adoption of such instruments.

Crypto Clients Pleading for Funds Payback after Lender Celsius' Crash

Crypto Clients Pleading for Funds Payback after Lender Celsius' Crash

Celsius Network clients, who were caught in the meltdown of the crypto lending firm, are pleading for their deposits to be paid back.

Crypto Whales Taking Wait-and-See Approach

Crypto Whales Taking Wait-and-See Approach

Based on hiked interest rates and the ongoing Russia-Ukraine war, crypto whales have shown signs of caution, given that their transaction volumes have been dwindling.

Celsius Had Higher Risk Profile Than Average US Bank: WSJ

Celsius Had Higher Risk Profile Than Average US Bank: WSJ

A recent report from the Wall Street Journal (WSJ) has revealed that embattled crypto lending platform Celsius Network took on more risk than it could handle.

Brad Garlinghouse Predicts Ripple-SEC Feud to End by 2022

Brad Garlinghouse Predicts Ripple-SEC Feud to End by 2022

The ongoing court case between the United States Securities and Exchange Commission and blockchain payments firm Ripple Labs Inc is likely to close next year, drawing on the optimism of the firm’s CEO, Brad Garlinghouse.

FDIC Calls Out FTX US, Other Crypto Firms to Stop Misleading Users About Deposit Protection

FDIC Calls Out FTX US, Other Crypto Firms to Stop Misleading Users About Deposit Protection

FDIC sent letters to five crypto firms requesting them to stop making false claims about deposit insurance.

Ukraine to Record War Against Russia in NFTs

Ukraine to Record War Against Russia in NFTs

The Ukrainian government has planned to launch non-fungible tokens (NFTs) featuring unique digital artwork illustrating stories from its war with Russia.

CoinList Raises $100M Series A Funding Round, Reaching Unicorn Status With $1.5B Valuation

CoinList Raises $100M Series A Funding Round, Reaching Unicorn Status With $1.5B Valuation

CoinList announced that it raised $100 million in a Series A round of financing, which brings its valuation to $1.5 billion.

Bitcoin Should Benefit from the US Dollar Crash, says Top Economist Stephen Roach

Bitcoin Should Benefit from the US Dollar Crash, says Top Economist Stephen Roach

Stephen Roach, former Chairman of Morgan Stanley’s Asia division and Yale University senior fellow said that cryptocurrencies including Bitcoin should benefit from the US dollar’s decline.

Circle Deploys New Pre-Mint Address for USDC on Solana (SOL)

Circle Deploys New Pre-Mint Address for USDC on Solana (SOL)

Circle has introduced a new pre-mint address for USDC on the Solana blockchain, streamlining operations in anticipation of the Cross-Chain Transfer Protocol launch.

USDC Issuer Circle to Launch Euro-Backed Stablecoin

USDC Issuer Circle to Launch Euro-Backed Stablecoin

The move by Circle to involve in launching its Euro stablecoin is based on user demand and business competition. The use of euro-backed stablecoins is rising in Europe.

DBS Provides Crypto for Trust Offerings

DBS Provides Crypto for Trust Offerings

DBS Group launches an offering trust service for cryptocurrencies, allowing their premium clients, include the emerging asset class in their succession plans.

Decentralized Perpetual Exchange PairEx Announces Beta Trading Competition with Up to 8,888 USD ARB & PEX Tokens

Decentralized Perpetual Exchange PairEx Announces Beta Trading Competition with Up to 8,888 USD ARB & PEX Tokens

PairEx.io, a decentralized perpetual exchange built on the Arbitrum network, is excited to announce its beta trading competition with a prize pool of up to 8,888 USD equivalent in ARB and PEX tokens. The competition, which is now live, offers traders the opportunity to showcase their trading skills and win lucrative rewards.

US Justice Department Charges Six People for Laundering Drug Cartel Money Using Crypto

US Justice Department Charges Six People for Laundering Drug Cartel Money Using Crypto

The US Eastern District Court of Virginia has charged six people for allegedly involved in laundering millions of dollars for Mexican drug cartels using cryptocurrency.

Microsoft Takes Down COVID-19 Cyber Criminals to Eliminate "Business Email Compromise" Attacks

Microsoft Takes Down COVID-19 Cyber Criminals to Eliminate "Business Email Compromise" Attacks

Scammers have been taking advantage of COVID-19 and the worldwide economic crisis revolving around it to retrieve personal information and phish data from Microsoft users.

The Birth of the Coronavirus-Backed CoronaCoin Amid Quarantining Banknotes in China

The Birth of the Coronavirus-Backed CoronaCoin Amid Quarantining Banknotes in China

The novel coronavirus, also known as COVID-19 has spread to at least 25 other countries and caused 5 deaths outside of mainland China. Restrictions in Hubei, of the epicenter province of the outbreak, have been imposed further on its citizens. In Wuhan, the city where the coronavirus originated, has been banning its citizens from leaving their homes.

Hedge Funds Battle to Survive After FTX Exchange Collapse

Hedge Funds Battle to Survive After FTX Exchange Collapse

The hedge fund discontinued its CoinShares consumer platform because to high marketing costs.

Goldman Sachs Says Customer Demands for Bitcoin Are Increasing

Goldman Sachs Says Customer Demands for Bitcoin Are Increasing

Goldman Sachs President and COO John Waldron has revealed that the bank is experiencing a rising demand for Bitcoin from its customers.

Trezor Strengthens Security Measures Amid Phishing Concerns

Trezor Strengthens Security Measures Amid Phishing Concerns

Trezor recently faced a security breach in its third-party support ticketing portal, potentially affecting 66,000 users. While user funds and device security remain secure, the incident raises concerns over increased phishing risks.

Paxful Crypto Peer-to-Peer Marketplace Expands Beyond Bitcoin with Tether USDT Stablecoin

Paxful Crypto Peer-to-Peer Marketplace Expands Beyond Bitcoin with Tether USDT Stablecoin

Paxful, the leading peer-to-peer Bitcoin trading platform, announced that it will be adding stablecoin Tether to its crypto payment options.

Musk's Halloween Tweet Leads to DOGE, SHIB Uptrend

Musk's Halloween Tweet Leads to DOGE, SHIB Uptrend

DOGE shot up 14% within minutes following his tweet. However, the crypto shrank down to 12% at press time. While Shiba Inu also went up by around 5% to create a local high of $0.00001032.

Uber’s Former Security Chief Charged for Using $100K Bitcoin Hush Payment to Hide Data Breach

Uber’s Former Security Chief Charged for Using $100K Bitcoin Hush Payment to Hide Data Breach

Former Chief Security Officer at Uber, Joseph Sullivan, has been charged with allegedly paying $100K in Bitcoin to hackers to cover up a company data breach.

US Fed denies Custodia Bank membership over crypto concerns

US Fed denies Custodia Bank membership over crypto concerns

The US Federal Reserve has denied Custodia Bank's membership application due to concerns over its involvement in the crypto industry. The Fed cited heightened illicit finance and safety and soundness risks, as well as a lack of a sufficient risk-management framework for its proposed cryptoasset-related activities. The bank is also prohibited from running crypto-related services if accepted as a member.

Dr. Ben Goertzel—Striving towards an Autonomous Decentralized and Compassionate Artificial Super Intelligence

Dr. Ben Goertzel—Striving towards an Autonomous Decentralized and Compassionate Artificial Super Intelligence

Dr Ben Goertzel is the founder and CEO of SingularityNET a blockchain-based Artificial Intelligence marketplace project. He has described the project as a medium for the creation and the emergence of the global super brain–an autonomous decentralized democratically governed artificial super intelligent network that must be biased toward compassion for the betterment of humanity.

Meta's Digital Assets Expansion: A Scrutiny by Maxine Waters

Meta's Digital Assets Expansion: A Scrutiny by Maxine Waters

Congresswoman Maxine Waters scrutinizes Meta's trademark applications, filed in March 2022, suggesting the company's continued involvement in the digital assets ecosystem, despite previous assurances of no ongoing projects in this area.

Has the DeFi Bubble Burst? Top DeFi Tokens Crash by 50%

Has the DeFi Bubble Burst? Top DeFi Tokens Crash by 50%

The decentralized finance (DeFi) industry appears to be crashing, with DeFi tokens plummeting and dropping by 50% and more over the past seven days.

Kraken Is the First Cryptocurrency Exchange to Become a US Bank

Kraken Is the First Cryptocurrency Exchange to Become a US Bank

Kraken San Francisco-based crypto exchange was approved yesterday by the Wyoming Banking Board and is now the first exchange to become a US bank.

Circle Launches Cross-Chain Transfer Protocol for USDC

Circle Launches Cross-Chain Transfer Protocol for USDC

Circle has released a mainnet protocol allowing users to transfer USDC between Ethereum and Avalanche. The Cross-Chain Transfer Protocol (CCTP) eliminates the need for USDC bridges and aims to reduce fragmentation in the Web3 ecosystem.

Bitcoin is 57,000 Times Less Environmentally Friendly Than the "Green Cryptocurrency" XRP, Says Ripple

Bitcoin is 57,000 Times Less Environmentally Friendly Than the "Green Cryptocurrency" XRP, Says Ripple

Ripple claims that its cryptocurrency, XRP, is 57,000 times more environmentally friendly than the largest cryptocurrency, Bitcoin. According to Ripple’s blog post, the firm criticizes Bitcoin’s consensus mechanism, proof-of-work (PoW), as a major issue contributing to the vast amounts of energy consumed for validating and processing transactions on the network.

Blockchain-Focused Fund COSIMO X Acquires Seven-Figure Funding from RIT

Blockchain-Focused Fund COSIMO X Acquires Seven-Figure Funding from RIT

COSIMO Ventures, an investment firm situated in Boston and Dublin, recently announced that the Rochester Institute of Technology (RIT) has endorsed them with a seven-figure investment.

Judge Denies Telegram's Appeal to Issue Grams to Non-US Entities, Says it's Too Late to Question SEC Jurisdiction

Judge Denies Telegram's Appeal to Issue Grams to Non-US Entities, Says it's Too Late to Question SEC Jurisdiction

US Federal Judge P. Kevin Castel has denied Telegram’s request to issue its Gram tokens to overseas investors.

Celsius Repays Compound Finance $10m Worth of DAI

Celsius Repays Compound Finance $10m Worth of DAI

Crypto lender Celsius Network has repaid interest-yielding DeFi service Compound Finance with $10 million worth of the DAI algorithmic stablecoin, according to a report from Crypto Briefing.

1inch Network Launches New Hardware Wallet

1inch Network Launches New Hardware Wallet

1inch is the newest hardware wallet supplier for cryptocurrency. The 1inch Hardware Wallet's 2.7-inch E-Ink grayscale touch panel and stainless-steel frame mimic the iPhone 13.

Russian Tech and Political Oligarchs Opposes Blanket Crypto Ban

Russian Tech and Political Oligarchs Opposes Blanket Crypto Ban

Tech and political oligarchs in Russia are expressing their full displeasure over the proposed blanket ban on crypto.

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.

SVC Bank Caught in SVB Collapse Confusion

SVC Bank Caught in SVB Collapse Confusion

India's SVC Bank faced panic due to a mixup with collapsing Silicon Valley Bank, as their acronyms' similarity caused confusion among Indian citizens.

The creator of the nonfungible token collection Bored Ape Yacht Club

The creator of the nonfungible token collection Bored Ape Yacht Club

Yuga Labs agreed with the maker of a copycat collection of the blue-chip Bored Ape Yacht Club NFTs.

Following Insolvency Fears, Celsius Network Taps Citigroup To Guide Financial Options

Following Insolvency Fears, Celsius Network Taps Citigroup To Guide Financial Options

Celsius has hired services from Citigroup and specialized lawyers to help restructure its business. The crypto lender will get a unique range of expertise that complements its capabilities and services to help propel its business back to life.

Could IBM’s Blockchain Platform be the Solution to Disrupted Healthcare Supply Chains Caused by the Coronavirus Pandemic?

Could IBM’s Blockchain Platform be the Solution to Disrupted Healthcare Supply Chains Caused by the Coronavirus Pandemic?

IBM’s Rapid Supplier Connect leverages the existing IBM’s blockchain platform, Trust Your Supplier, which is a blockchain-based trusted digital identity and supplier information that simplifies the supplier onboarding and supplier management processes while reducing risks. IBM is allowing qualifying suppliers to use Rapid Supplier Connect free of charge until August 31. New York’s largest nonprofit healthcare group, Northwell Health recently joined IBM’s Rapid Supplier Connect Network, a blockchain project that aims to tackle the disrupted healthcare supply chains caused by the coronavirus pandemic.

Justin Sun Withdraws Millions of Dollars’ Worth of USDT from Aave's Lending Pools

Justin Sun Withdraws Millions of Dollars’ Worth of USDT from Aave's Lending Pools

The Tron founder Justin Sun has withdrawn a huge amount of liquidity from the DeFi protocol. The move is likely to have been triggered by the recent ban on addresses that received funds from Tornado cash.

Digital Surge narrowly avoids collapse

Digital Surge narrowly avoids collapse

Digital Surge creditors agree five-year rescue plan to keep exchange running. KordaMentha will pay creditors from the exchange's quarterly net earnings over five years. Customers were sent the rescue plan on December 8.

Two Major Events Will Influence the Bitcoin Price in the Next 24 Hours

Two Major Events Will Influence the Bitcoin Price in the Next 24 Hours

Bitcoin and cryptocurrency traders face a moment of pause as they await two major events that will either send the BTC price soaring or cause a major bearish correction.

Morpheus.Network Integrates with Polygon to Simplify Supply Chain Activities

Morpheus.Network Integrates with Polygon to Simplify Supply Chain Activities

Supply chain SaaS platform Morpheus.Network Y integrates with Polygon, a decentralised Ethereum scaling network to simplify supply chain operations.

SEC's XRP and Grayscale Bitcoin ETF Cases Challenged by US House Majority Whip Tom Emme

SEC's XRP and Grayscale Bitcoin ETF Cases Challenged by US House Majority Whip Tom Emme

House Majority Whip Tom Emmer criticizes the US Securities and Exchange Commission's (SEC) approach to cryptocurrency regulation, citing legal losses against Ripple and Grayscale. Emmer questions the agency's treatment of Bitcoin futures ETFs and spot ETFs, adding to ongoing debate.

Cobo Argus Boosts DeFi Strategies Security via Chainlink Price Feeds Integration

Cobo Argus Boosts DeFi Strategies Security via Chainlink Price Feeds Integration

Cobo Argus has integrated Chainlink Price Feeds on Arbitrum mainnet to bolster its automated DeFi strategies, enhancing security and facilitating swift fund withdrawals during token depegs. This collaboration with Chainlink also underscores Cobo Argus's commitment to providing fortified, efficient on-chain DeFi management solutions.

New South Wales Treasury Proposes Flexible Regulatory Reform For Blockchain

New South Wales Treasury Proposes Flexible Regulatory Reform For Blockchain

Australia’s New South Wales is proposing a flexible regulatory reform to accommodate the thriving blockchain and cryptocurrency ecosystem

Banking Circle Adopts USDC as Currency on its Payment Rails

Banking Circle Adopts USDC as Currency on its Payment Rails

Banking Circle, an European Union (EU) regulated payments bank has announced that it has integrated the USD Coin (USDC) stablecoin into its payment rail

Hong Kong's K11 MUSEA Launches Large-scale Showcase of NFTs

Hong Kong's K11 MUSEA Launches Large-scale Showcase of NFTs

Hong Kong's K11 MUSEA is launching a large-scale showcase of non-fungible token (NFT) art from April 29 to June 19, 2022, along with educational workshops and talks for all ages.

US Toughens Export Controls on Semiconductors to China Amid Military Concerns

US Toughens Export Controls on Semiconductors to China Amid Military Concerns

The US Department of Commerce tightened export controls on advanced computing semiconductors to China and other countries of concern to address national security threats posed by military modernization. The rules, effective from November 16, 2023, refine the parameters defining restricted chips, introduce a global licensing requirement, and expand controls on semiconductor manufacturing equipment. The update also adds certain PRC entities to the Entity List, requiring a BIS license for foundries manufacturing chips for these entities.

Apollo Teams Up With Anchorage to Expand its Product Offering

Apollo Teams Up With Anchorage to Expand its Product Offering

Apollo Global Manage and Anchorage have partnered to expand the former's crypto products

US National Security at Risk Due to China Dominance in Mobile Payments, says former State Department Official

US National Security at Risk Due to China Dominance in Mobile Payments, says former State Department Official

Former Department of State official Anja Manuel warns that if the US loses its dominance in financial innovation and payments, it could impact its national security policy, specifically on sanctions. Manuel stated that China is catching up on dominance in mobile payments, which could make enforcing sanctions against “bad actors” like Iran or North Korea more challenging.

Cryptoassets Use in Ukraine War under Scrutiny by Global Regulators: Reuters

Cryptoassets Use in Ukraine War under Scrutiny by Global Regulators: Reuters

The use of crypto assets is being closely watched by global financial regulators amid the war in Ukraine after worry about its use to evade Western sanctions on Russia, according to Reuters.

Greece Council of State Rules for the Extradition of a Russian Bitcoin Laundering Suspect to France

Greece Council of State Rules for the Extradition of a Russian Bitcoin Laundering Suspect to France

Greece Council of State has ruled in favor of the order to extradite a Russian bitcoin laundering suspect named Alexander Vinnik, A.K.A "Mr. Bitcoin" to France, as reported by Greece Greek Reporter.

Vladimir Putin’s Next Presidential Term Will Depend on Blockchain-Powered Constitutional Amendment Voting

Vladimir Putin’s Next Presidential Term Will Depend on Blockchain-Powered Constitutional Amendment Voting

Russia’s upcoming e-voting on Vladimir Putin’s Constitutional amendments will be implemented using blockchain technology. Citizens in Moscow will be able to cast their votes online using blockchain-powered e-voting, according to the Moscow government’s official website. Starting on June 5, Moscow citizens can sign up for the upcoming voting scheduled from June 25 to June 30.

Tom Emmer Accuses SEC Chair of Exceeding Authority, Detrimental to Americans, Citing Ripple Case

Tom Emmer Accuses SEC Chair of Exceeding Authority, Detrimental to Americans, Citing Ripple Case

House Majority Whip Tom Emmer has criticized SEC Chair Gary Gensler for expanding authority negatively impacting Americans. Emmer emphasized Congress's need to use appropriations process to check Gensler's misuse of taxpayer resources, highlighting the ongoing debate on crypto regulation in the U.S.

Lark Davis Escapes Celsius Network Bankruptcy With $2.5Million

Lark Davis Escapes Celsius Network Bankruptcy With $2.5Million

According to crypto sleuth ZachXBT, Lark Davis withdrew $2.5 million from Celsius long before the company crashed.

FTX Issues Fresh Warning on Phishing Emails and Scam Sites

FTX Issues Fresh Warning on Phishing Emails and Scam Sites

FTX issues a fresh warning about phishing emails and scam sites mimicking its Debtors' portal. The alert, dated October 5, 2023, comes amid industry-wide concerns about phishing attacks, including a recent warning from Binance CEO Changpeng Zhao.

US Crypto Crackdown Could Push Industry to Hong Kong

US Crypto Crackdown Could Push Industry to Hong Kong

Paris-based Kaiko's CEO, Ambre Soubiran, has suggested that the recent US crackdown on cryptocurrency regulation could lead to a shift in the industry's center of gravity towards Hong Kong, which has been more favorable towards crypto. The Hong Kong government has been rolling out progressive regulation to support crypto and fintech firms in 2023, with over 80 virtual asset-related firms expressing interest in setting up shop there.

The End of Bitcoin: Which Cryptocurrencies will survive a future crash?

The End of Bitcoin: Which Cryptocurrencies will survive a future crash?

During the Covid crisis, casual investors started to swap stocks and shares and even golf for investment in cryptocurrency, with Bitcoin and other altcoins like Ethereum proving to be hugely popular.

Binance to Remove ALCX, FOR, LOOM, NMR, PEOPLE, PUNDIX, SPELL, STORJ from BUSD Trading Pairs on August 25, 2023

Binance to Remove ALCX, FOR, LOOM, NMR, PEOPLE, PUNDIX, SPELL, STORJ from BUSD Trading Pairs on August 25, 2023

Effective from 2023-08-25 at 03:00 (UTC), the following spot pairs will no longer be available for trading on the platform: ALCX/BUSD, FOR/BUSD, LOOM/BUSD, NMR/BUSD, PEOPLE/BUSD, PUNDIX/BUSD, SPELL/BUSD, and STORJ/BUSD.

Forum Blockchain Life 2021

Forum Blockchain Life 2021

Sixth biggest offline event on blockchain,cryptocurrencies and mining - Blockchain Life 2021 - takes place on April 21-22 in Moscow

Bitcoin Has Been Through Two US Presidential Elections, This One Will be Different for BTC

Bitcoin Has Been Through Two US Presidential Elections, This One Will be Different for BTC

During the two US elections in 2012 and 2016, Bitcoin was still too nascent to have seen any profound impact arise. What about this coming election?

Hong Kong Customs Arrests Four Men in Alleged $155M Crypto Laundering

Hong Kong Customs Arrests Four Men in Alleged $155M Crypto Laundering

Hong Kong Customs announced Thursday that the authority had dismantled a local cryptocurrency money-laundering syndicate involving HK$1.2 billion ($US 155 million). The operation is considered the first case for the same kind in the city.

U.S. Intends to Impose Tax on Crypto to Support Infrastructure Construction Amid Musk and Dorsey Express Strong Dissatisfaction

U.S. Intends to Impose Tax on Crypto to Support Infrastructure Construction Amid Musk and Dorsey Express Strong Dissatisfaction

As the bipartisan Senate began to vote on President Joe Biden's infrastructure package, the taxation of cryptocurrency transactions in this infrastructure plan cited Tesla CEO Elon Musk, Jack Dorsey, Senator Criticism by Ted Cruz, and others.

Ethereum Will Be Deflationary and Running on Proof-of-Stake by Year-End, says Market Analyst

Ethereum Will Be Deflationary and Running on Proof-of-Stake by Year-End, says Market Analyst

Lark Davis believes that Ethereum will have cemented its status as a deflationary currency and will run on a proof of stake model by the end of 2021.

Sushiswap Co-Founder 0xmaki Steps Down from Project Lead as DEX Exchange Begins New Chapter

Sushiswap Co-Founder 0xmaki Steps Down from Project Lead as DEX Exchange Begins New Chapter

Sushiswap Co-Founder 0xmaki has stepped down as project lead when the decentralized exchange struggles to navigate challenges of scams.

Understanding Consensus Protocols: A Comparative Study of PBFT and BBCA-Chain by Chainlink (LINK)

Understanding Consensus Protocols: A Comparative Study of PBFT and BBCA-Chain by Chainlink (LINK)

An exploration of sequential and parallel consensus protocols, focusing on the differences between PBFT and BBCA-Chain.

Binance Futures Drops XRP and TUSD Support in Multi-Assets Mode

Binance Futures Drops XRP and TUSD Support in Multi-Assets Mode

Binance Futures discontinues support for XRP and TUSD as margin assets in the Multi-Assets Mode from 2024-05-28 06:00 (UTC).

BitMEX Introduces Change of Mark Method for NOTUSDTK24

BitMEX Introduces Change of Mark Method for NOTUSDTK24

BitMEX announces the change of Mark Method for NOTUSDTK24 to Fair Price marking.

OKX Adds USDC Spot Trading Pairs

OKX Adds USDC Spot Trading Pairs

OKX announces the introduction of new USDC trading pairs to support the growing USDC ecosystem.

Leading Security Founders Discuss Potential of Generative AI

Leading Security Founders Discuss Potential of Generative AI

Security startup founders share insights on the use and threats of generative AI in the tech industry.

BitMEX to List NOTUSDT Perpetual Swap with 10x Leverage

BitMEX to List NOTUSDT Perpetual Swap with 10x Leverage

BitMEX announces the listing of NOTUSDT perpetual swap with up to 10x leverage, promising a new trading avenue for traders.

BitMEX Launches NOTUSDT Perpetual Swap with 10x Leverage

BitMEX Launches NOTUSDT Perpetual Swap with 10x Leverage

BitMEX introduced NOTUSDT perpetual swap, offering up to 10x leverage to traders.

Open Campus Launches First Decentralized Education Node Sale

Open Campus Launches First Decentralized Education Node Sale

Open Campus announces the sale of Principal Nodes for its EDU Chain, a Layer 3 blockchain designed for education.

Binance Launches USDT Locked Products Offering an 8.23% Fixed APR

Binance Launches USDT Locked Products Offering an 8.23% Fixed APR

Binance Simple Earn announces the launch of USDT locked products, providing an 8.23% fixed APR.

IntoTheBlock Analyzes USDT Across Various Blockchain Deployments

IntoTheBlock Analyzes USDT Across Various Blockchain Deployments

IntoTheBlock unveils a new dashboard that analyzes the use of USDT across different blockchain platforms.

Transitioning from Rust to Solana: A Comprehensive Guide for Developers

Transitioning from Rust to Solana: A Comprehensive Guide for Developers

This article provides a detailed guide for developers transitioning from Rust to Solana, highlighting the key differences and setup details.

Crypto Regulatory Developments: Congressional Review Act, DOJ Charges, and More

Crypto Regulatory Developments: Congressional Review Act, DOJ Charges, and More

A summary of recent regulatory actions and legal developments impacting the global crypto industry, for the period May 5 – May 20, 2024.

Binance Pool Expands USDC and FDUSD Payment Options for Cloud Mining

Binance Pool Expands USDC and FDUSD Payment Options for Cloud Mining

Binance Pool now accepts USDC and FDUSD for cloud mining purchases.

Binance P2P Launches USDC Campaign with Fee Rebates

Binance P2P Launches USDC Campaign with Fee Rebates

Binance P2P introduces USDC campaign offering up to 100% maker fee rebates.

Oracle Defends Healthcare Modernization Efforts Amid Criticism from Business Insider

Oracle Defends Healthcare Modernization Efforts Amid Criticism from Business Insider

Oracle counters Business Insider's criticism of its healthcare modernization efforts for veterans.

Anthropic's Claude 3 Enhances Functionality with New Tool Use Feature

Anthropic's Claude 3 Enhances Functionality with New Tool Use Feature

Claude 3 models now support tool use, enabling dynamic tasks and accurate responses.

GitHub Introduces Arm64 Runners for Enhanced Performance and Sustainability

GitHub Introduces Arm64 Runners for Enhanced Performance and Sustainability

GitHub Actions now supports Arm64 runners, offering better performance and sustainability.

Binance to Reward New Users with 15,000 USDT in Token Vouchers

Binance to Reward New Users with 15,000 USDT in Token Vouchers

Binance offers 15,000 USDT in token vouchers for new users via 'Buy Crypto' feature.

ENS Ecosystem Supports Key Open Source Projects with Drips Funding

ENS Ecosystem Supports Key Open Source Projects with Drips Funding

ENS allocates $50,000 USDC to support essential open-source projects through Drips.

OKX Ventures Invests in GoPlus to Boost Blockchain Security

OKX Ventures Invests in GoPlus to Boost Blockchain Security

OKX Ventures announces investment in GoPlus to enhance blockchain security.

Future of Web3 Gaming: Insights from Immutable (IMX)'s Robbie Ferguson

Future of Web3 Gaming: Insights from Immutable (IMX)'s Robbie Ferguson

Immutable (IMX)'s Robbie Ferguson discusses the state and future of web3 gaming.

Wayve Advances AV 2.0 with Generative AI on NVIDIA Platforms

Wayve Advances AV 2.0 with Generative AI on NVIDIA Platforms

Wayve pioneers AV 2.0 with NVIDIA DRIVE, enhancing autonomous driving.

Binance Introduces USDT/COP Spot Trading Pair with Algo Trading Bots

Binance Introduces USDT/COP Spot Trading Pair with Algo Trading Bots

Binance expands trading options with USDT/COP pair and Algo Trading Bots.

Binance Introduces 6% APR USDT Locked Products

Binance Introduces 6% APR USDT Locked Products

Binance launches USDT Locked Products with 6% APR.

OKX Introduces Simple Earn Fixed Product for Crypto Users

OKX Introduces Simple Earn Fixed Product for Crypto Users

OKX unveils its Simple Earn Fixed product, available from May 30, 2024, supporting USDT, USDC, BTC, and ETH.

Tether Invests $18.75M in XREX Group to Enhance Financial Inclusion

Tether Invests $18.75M in XREX Group to Enhance Financial Inclusion

Tether invests $18.75M in XREX Group to drive financial inclusion in emerging markets.

BitMEX to List TAIKOUSDT (TAIKO/USDT) Perpetual Swap with 10x Leverage

BitMEX to List TAIKOUSDT (TAIKO/USDT) Perpetual Swap with 10x Leverage

BitMEX announces the listing of TAIKOUSDT perpetual swap with up to 10x leverage.

BitMEX Updates Mark Method for TKOUSDTZ24 to Fair Price Marking

BitMEX Updates Mark Method for TKOUSDTZ24 to Fair Price Marking

BitMEX transitions TKOUSDTZ24 to Fair Price marking from June 6, integrating a robust index.

Understanding Cluster Sampling: A Comprehensive Overview

Understanding Cluster Sampling: A Comprehensive Overview

Cluster sampling divides a population into smaller clusters, simplifying large-scale research.

Gala: AEONS Unveils New Metalcore Track 'WW3 (Hugs & Kisses XOXO)'

Gala: AEONS Unveils New Metalcore Track 'WW3 (Hugs & Kisses XOXO)'

AEONS releases new track 'WW3 (Hugs & Kisses XOXO)' via Gala Music, featuring limited Signature Editions.

BitMEX Delists FETUSD Perpetual Swap Contract

BitMEX Delists FETUSD Perpetual Swap Contract

BitMEX has delisted the FETUSD perpetual swap contract, effective June 7, 2024.

BitMEX to Launch IOUSDT Perpetual Swap with Up to 10x Leverage

BitMEX to Launch IOUSDT Perpetual Swap with Up to 10x Leverage

BitMEX announces IOUSDT perpetual swap listing with up to 10x leverage starting June 12, 2024.

GitHub Enhances Push Processing for Developers

GitHub Enhances Push Processing for Developers

GitHub improves push processing for better efficiency and reliability.

BitMEX Lists New IOUSDT (IO/USDT) Perpetual Swap with 10x Leverage

BitMEX Lists New IOUSDT (IO/USDT) Perpetual Swap with 10x Leverage

BitMEX introduces IOUSDT perpetual swap with up to 10x leverage.

Investment Insights: Pantera Capital's Approach to Nexus

Investment Insights: Pantera Capital's Approach to Nexus

Pantera Capital shares its investment strategies for Nexus, emphasizing the importance of cookies for website functionality.

OKX Expands ETHUSD-Margined Futures Expiry Dates to Boost Liquidity

OKX Expands ETHUSD-Margined Futures Expiry Dates to Boost Liquidity

OKX to list new expiration dates for ETHUSD-margined futures, enhancing market liquidity.

Binance Futures Launches Grand Tournament with 3M USDT Prize Pool

Binance Futures Launches Grand Tournament with 3M USDT Prize Pool

Binance Futures announces a Grand Tournament with up to 3M USDT in rewards, featuring team and solo competitions.

Binance Celebrates Eid al-Adha with 1 BTC and 30,000 FDUSD Giveaway

Binance Celebrates Eid al-Adha with 1 BTC and 30,000 FDUSD Giveaway

Binance launches Eid al-Adha challenge offering 1 BTC and 30,000 FDUSD in rewards.

Reallusion Enhances Digital Characters with NVIDIA AI Integration

Reallusion Enhances Digital Characters with NVIDIA AI Integration

Reallusion leverages NVIDIA AI to create lifelike digital characters, transforming animation workflows for filmmakers and developers.

Cisco Boosts Workload Security with NVIDIA BlueField-3 DPUs

Cisco Boosts Workload Security with NVIDIA BlueField-3 DPUs

Cisco enhances security and efficiency with NVIDIA BlueField-3 DPUs.

BitMEX Implements Fair Price Marking for IOUSDTM24 Contract

BitMEX Implements Fair Price Marking for IOUSDTM24 Contract

BitMEX updates IOUSDTM24 contract to Fair Price marking as of June 12, 2024.

Binance Launches Rising Stars Challenge with 1 ETH and 11,000 FDUSD in Rewards

Binance Launches Rising Stars Challenge with 1 ETH and 11,000 FDUSD in Rewards

Binance introduces the Rising Stars Challenge in the MENASA regions, offering users a chance to win 1 ETH and share 11,000 FDUSD in rewards.

NVIDIA Releases Omniverse Kit 106 Beta for Cloud-Based OpenUSD Applications

NVIDIA Releases Omniverse Kit 106 Beta for Cloud-Based OpenUSD Applications

NVIDIA launches Omniverse Kit 106 Beta, enhancing cloud-based OpenUSD application development.

Galaxy: Ethereum Developers Discuss Key Upgrades in All Core Developers Consensus Call #135

Galaxy: Ethereum Developers Discuss Key Upgrades in All Core Developers Consensus Call #135

Ethereum developers discuss major upgrades in All Core Developers Consensus Call #135.

Gala Music Unveils NxWorries Mystery Box Featuring Exclusive Content

Gala Music Unveils NxWorries Mystery Box Featuring Exclusive Content

Gala Music releases NxWorries Mystery Box with exclusive content and rewards.

BitMEX to Introduce ZKUSDT (ZK/USDT) Perpetual Swap with Up to 10x Leverage

BitMEX to Introduce ZKUSDT (ZK/USDT) Perpetual Swap with Up to 10x Leverage

BitMEX announces the listing of ZKUSDT perpetual swap with up to 10x leverage, set to go live on June 17, 2024.

NVIDIA Introduces Omniverse Microservices to Enhance Physical AI Development

NVIDIA Introduces Omniverse Microservices to Enhance Physical AI Development

NVIDIA has launched Omniverse Cloud Sensor RTX, a set of microservices aimed at enhancing the development of autonomous machines through accurate sensor simulation.

NVIDIA Introduces Hydra-MDP for Scalable End-to-End Autonomous Driving

NVIDIA Introduces Hydra-MDP for Scalable End-to-End Autonomous Driving

NVIDIA unveils Hydra-MDP, a cutting-edge framework for end-to-end autonomous driving, enhancing scalability and safety through multi-teacher knowledge distillation.

NVIDIA Unveils Cutting-Edge Visual Generative AI Research at CVPR 2024

NVIDIA Unveils Cutting-Edge Visual Generative AI Research at CVPR 2024

NVIDIA Research to present over 50 papers at CVPR 2024, showcasing advancements in visual generative AI with applications in various industries.

NVIDIA Triumphs at CVPR with End-to-End Driving Model

NVIDIA Triumphs at CVPR with End-to-End Driving Model

NVIDIA's Hydra-MDP model wins the Autonomous Grand Challenge at the CVPR conference, showcasing advancements in end-to-end driving technology.

Bitfinex First to List aUSDT, a Gold-Backed Tether Asset

Bitfinex First to List aUSDT, a Gold-Backed Tether Asset

Bitfinex becomes the first exchange to list aUSDT, a gold-backed tethered asset by Tether, enhancing stability in the cryptocurrency market.

Meet Jeff Brooks: The Human Behind Gala Games' VOX Project

Meet Jeff Brooks: The Human Behind Gala Games' VOX Project

Discover the story of Jeff Brooks, a game developer at Gala Games, and his contributions to the VOX project and Project Cerberus.

Binance Academy Launches Futures Chat Room Courses with 2,500 USDT Reward Pool

Binance Academy Launches Futures Chat Room Courses with 2,500 USDT Reward Pool

Binance Academy introduces Futures Chat Room courses with a 2,500 USDT reward pool. Verified users can participate and win rewards by completing specific tasks.

Binance Introduces New Trading Bots for IO/USDT Pair

Binance Introduces New Trading Bots for IO/USDT Pair

Binance announces the launch of Spot Grid, Spot DCA, and Rebalancing Bot services for the IO/USDT trading pair, effective June 20, 2024.

Bitfinex Introduces aUSDT: A Gold-Backed Digital Asset

Bitfinex Introduces aUSDT: A Gold-Backed Digital Asset

Bitfinex unveils aUSDT, a digital asset combining the stability of gold with Web3 functionalities, backed by Tether Gold (XAUt).

SFC Suspends Shum Wai Nap for Seven Months Over Private Fund Mismanagement

SFC Suspends Shum Wai Nap for Seven Months Over Private Fund Mismanagement

The SFC has suspended Shum Wai Nap for seven months due to failures in managing a private fund, highlighting significant regulatory actions.

NVIDIA: GeForce NOW Expands Library With 'Tell Me Why' and 'As Dusk Falls'

NVIDIA: GeForce NOW Expands Library With 'Tell Me Why' and 'As Dusk Falls'

GeForce NOW adds 'Tell Me Why' and 'As Dusk Falls' to its cloud gaming library, alongside new titles like 'Still Wakes the Deep'.

BitMEX Introduces ZROUSDT and TREMPUSDT Perpetual Contracts with Up to 10x Leverage

BitMEX Introduces ZROUSDT and TREMPUSDT Perpetual Contracts with Up to 10x Leverage

BitMEX will list ZROUSDT and TREMPUSDT perpetual contracts on June 21, 2024, offering up to 10x leverage.

OpenAI Introduces Consistency Model to Improve Generation Speed

OpenAI Introduces Consistency Model to Improve Generation Speed

OpenAI unveils the Consistency Model, promising faster generation in image, audio, and video fields by overcoming limitations of traditional diffusion models.

BitMEX Updates Mark Method for ZKUSDTZ24 to Fair Price Marking

BitMEX Updates Mark Method for ZKUSDTZ24 to Fair Price Marking

BitMEX changes the Mark Method for ZKUSDTZ24 to Fair Price marking, enhancing price accuracy by using a robust index.

Binance Launches P2P Cash Trade Fiesta with 7,000 FDUSD Prize Pool

Binance Launches P2P Cash Trade Fiesta with 7,000 FDUSD Prize Pool

Binance introduces the P2P Cash Trade Fiesta, offering users a chance to win a share of 7,000 FDUSD through trading and referrals.

Binance P2P Launches Exclusive Promotion for African Users with 10,000 USDT Reward Pool

Binance P2P Launches Exclusive Promotion for African Users with 10,000 USDT Reward Pool

Binance P2P announces a promotion for African users, offering a 10,000 USDT reward pool in token vouchers for eligible participants.

Gala Music Celebrates Summer with Exclusive Releases and Mystery Boxes

Gala Music Celebrates Summer with Exclusive Releases and Mystery Boxes

Gala Music unveils exclusive tracks from Macy Gray, Laganja Estranja, Sazi, and more to kick off a vibrant summer season.

Ripple (XRP)'s 2023 Impact Report: Financial Inclusion and Climate Resilience

Ripple (XRP)'s 2023 Impact Report: Financial Inclusion and Climate Resilience

Ripple (XRP)'s 2023 Impact Report highlights strides in financial inclusion, blockchain research, and sustainability initiatives.

AMD Unveils ROCm 6.1 Software for Radeon GPUs, Enhancing AI Development

AMD Unveils ROCm 6.1 Software for Radeon GPUs, Enhancing AI Development

AMD releases ROCm 6.1 software, extending AI capabilities to Radeon desktop GPUs, enabling scalable AI solutions and broader support for AI frameworks.

Tezos Showcases Innovation and Community at Consensus 2024

Tezos Showcases Innovation and Community at Consensus 2024

Tezos made a significant impact at Consensus 2024, showcasing advancements, engaging the community, and exploring collaborations.

Binance Adjusts Tick Size for Multiple USDⓈ-M Perpetual Futures Contracts

Binance Adjusts Tick Size for Multiple USDⓈ-M Perpetual Futures Contracts

Binance announces adjustments to tick size for several USDⓈ-M Perpetual Futures Contracts to enhance market liquidity and trading experience.

Tether (USD₮) and Uquid Partner to Enhance Everyday Crypto Transactions

Tether (USD₮) and Uquid Partner to Enhance Everyday Crypto Transactions

Tether and Uquid launch the 1USD₮ store, showcasing the practical use of USD₮ in everyday transactions through a Web3 E-commerce platform.

BitMEX to Launch BLASTUSDT Perpetual Swap with 10x Leverage

BitMEX to Launch BLASTUSDT Perpetual Swap with 10x Leverage

BitMEX announces the listing of BLASTUSDT perpetual swap with up to 10x leverage, set to go live on June 27, 2024.

Binance Converts BEAM, BCD, GO, NSBT, and SGB Balances to USDT

Binance Converts BEAM, BCD, GO, NSBT, and SGB Balances to USDT

Binance has completed the conversion of BEAM, BCD, GO, NSBT, and SGB token balances to USDT, based on holdings as of December 26, 2023.

Tether (USDT) Shifts Focus to Community-Driven Blockchain Support

Tether (USDT) Shifts Focus to Community-Driven Blockchain Support

Tether announces a strategic transition to prioritize community-driven blockchain support, discontinuing EOS and Algorand implementations.

BitMEX Updates Mark Method for ZROUSDTZ24 to Fair Price

BitMEX Updates Mark Method for ZROUSDTZ24 to Fair Price

BitMEX has updated the Mark Method for ZROUSDTZ24 to Fair Price marking, incorporating data from multiple major exchanges.

Binance Futures Introduces TONUSDT USDⓈ-M Contract for Copy Trading

Binance Futures Introduces TONUSDT USDⓈ-M Contract for Copy Trading

Binance Futures Copy Trading will add the TONUSDT USDⓈ-M contract on June 25, 2024, enabling users to replicate trades of experienced traders.

Copper Introduces Custody and Staking Solutions for SUI

Copper Introduces Custody and Staking Solutions for SUI

Copper's latest move offers secure custody and staking services for SUI, targeting institutional investors.

Money B Unveils NFT Track 'Sit Next to Me' on Gala Music Featuring Guapdad 4000

Money B Unveils NFT Track 'Sit Next to Me' on Gala Music Featuring Guapdad 4000

Hip hop legend Money B releases new NFT track 'Sit Next to Me' featuring Guapdad 4000 on Gala Music platform, embracing Web3 technology.

Gala Games to Host Live Town Hall on Mirandus Development

Gala Games to Host Live Town Hall on Mirandus Development

Gala Games invites fans to a live Town Hall on June 26 to discuss the latest updates on their fantasy MMO, Mirandus.

Binance P2P Offers 15,000 FDUSD in Rewards for MENASA Users

Binance P2P Offers 15,000 FDUSD in Rewards for MENASA Users

Binance P2P announces a 15,000 FDUSD reward pool for users in the MENASA region, encouraging new and existing users to participate.

BlackRock's BUIDL Fund Backs Manta Network's wUSDM via Mountain Protocol

BlackRock's BUIDL Fund Backs Manta Network's wUSDM via Mountain Protocol

Manta Network's on-chain yield-bearing stablecoin wUSDM is now backed by BlackRock's BUIDL Fund, enhancing security and yield potential.

Mirandus Development Roadmap: Key Milestones for Q3 and Q4 2024

Mirandus Development Roadmap: Key Milestones for Q3 and Q4 2024

Gala Games outlines crucial steps in the development of Mirandus for Q3 and Q4 2024, emphasizing incremental victories and the game's future.

Influencing ALT, ETHFI, MEME, IO, PYTH and TNSR, Binance Margin Introduces New FDUSD Trading Pairs

Influencing ALT, ETHFI, MEME, IO, PYTH and TNSR, Binance Margin Introduces New FDUSD Trading Pairs

Binance Margin expands trading options by adding new FDUSD pairs on Cross and Isolated Margin, enhancing user experience.

Matrixport Unveils First Private Strategy Trading Competition

Matrixport Unveils First Private Strategy Trading Competition

Matrixport launches its inaugural private strategy trading competition, offering participants rewards and exclusive privileges.

Binance Launches Promotion to Share 20,000 USDC in Token Vouchers

Binance Launches Promotion to Share 20,000 USDC in Token Vouchers

Binance introduces a new promotion where users can share 20,000 USDC in token vouchers by depositing and trading selected AI tokens.

XDEFI Integrates Circle’s CCTP to Enhance USDC Cross-Chain Swaps

XDEFI Integrates Circle’s CCTP to Enhance USDC Cross-Chain Swaps

XDEFI and Circle's CCTP join forces to make USDC cross-chain swaps more secure and user-friendly, enhancing the overall DeFi experience.

BitMEX Implements Fair Price Marking for BLAST/USDT Futures

BitMEX Implements Fair Price Marking for BLAST/USDT Futures

BitMEX has updated its mark method for the BLAST/USDT futures contract to Fair Price marking, enhancing market accuracy.

Circle's USDC Achieves MiCA Compliance: Implications for Binance Users

Circle's USDC Achieves MiCA Compliance: Implications for Binance Users

Circle's USDC has been authorized as a MiCA-compliant e-money token, impacting Binance users in the European Economic Area (EEA).

OKX Launches Campaign for Top USD Merchants with Featured Ads Opportunity

OKX Launches Campaign for Top USD Merchants with Featured Ads Opportunity

OKX announces a new campaign offering top USD merchants a chance to win featured ad spots in USDT and USDC pairs.

Binance Introduces Zero-Fee Promotion for EUR/USDC Trading Pair

Binance Introduces Zero-Fee Promotion for EUR/USDC Trading Pair

Binance announces a zero-fee promotion for EUR/USDC spot trading pairs to celebrate USDC's MiCA compliance in the EEA.

Open Campus Launches Codex Hackathon Series with $1M Prizes to Boost EDU Chain Ecosystem

Open Campus Launches Codex Hackathon Series with $1M Prizes to Boost EDU Chain Ecosystem

Open Campus introduces the Codex Hackathon Series with $1M in EDU tokens to encourage dapp development on the EDU Chain.

0ktapus Phishing Campaign Targets Multi-Factor Authentication Systems

0ktapus Phishing Campaign Targets Multi-Factor Authentication Systems

The 0ktapus phishing campaign bypasses multi-factor authentication, impacting organizations globally. Learn about its methods and how to protect your business.

IBM Research Leverages AI and Hybrid Cloud for Climate Solutions

IBM Research Leverages AI and Hybrid Cloud for Climate Solutions

IBM Research is using AI and hybrid cloud technologies to accelerate the discovery of climate mitigation and adaptation solutions.

Fireblocks Partners with CloudTech, Zodia Custody, Zerocap, Rakkar, and Komainu for Global Custodian Program

Fireblocks Partners with CloudTech, Zodia Custody, Zerocap, Rakkar, and Komainu for Global Custodian Program

Fireblocks announces its first Global Custodian Partners: CloudTech, Zodia Custody, Zerocap, Rakkar, and Komainu, enhancing secure digital asset custodianship.

BNB Chain Hack Losses Plummet by 87% YoY in Q2 2024

BNB Chain Hack Losses Plummet by 87% YoY in Q2 2024

BNB Chain's security measures yield an 87% YoY reduction in hack losses for Q2 2024, according to Salus Security's report.

Philip Gradwell Joins Tether as Head of Economics

Philip Gradwell Joins Tether as Head of Economics

Tether appoints Philip Gradwell, former Chief Economist at Chainalysis, as Head of Economics to enhance communication with regulators and stakeholders.

Binance Futures to Introduce WIFUSD COIN-M Perpetual Contract with 20x Leverage

Binance Futures to Introduce WIFUSD COIN-M Perpetual Contract with 20x Leverage

Binance Futures announces the launch of the WIFUSD COIN-M Perpetual Contract with up to 20x leverage, starting July 23, 2024.

Binance Margin Introduces New USDC Trading Pairs

Binance Margin Introduces New USDC Trading Pairs

Binance Margin has announced the addition of new USDC trading pairs on Cross and Isolated Margin, enhancing user trading options.

UneeQ Leverages AI-Powered Digital Humans for Enhanced Customer Engagement

UneeQ Leverages AI-Powered Digital Humans for Enhanced Customer Engagement

UneeQ is transforming customer interactions using AI-powered digital humans, enhancing realism and engagement with NVIDIA ACE technology.

Binance Implements Stricter Measures to Combat Account Misuse and Enhance Compliance

Binance Implements Stricter Measures to Combat Account Misuse and Enhance Compliance

Binance announces enhanced measures to address account misuse and uphold compliance, ensuring a fair and secure trading environment.

Gala Music Introduces Artist Upload for Independent Track Management

Gala Music Introduces Artist Upload for Independent Track Management

Gala Music's Artist Upload feature empowers artists with decentralized control over their music releases, enhancing autonomy and engagement.

Gala Music Unveils Hot Summer Tracks and Exclusive Events

Gala Music Unveils Hot Summer Tracks and Exclusive Events

Gala Music launches new summer tracks and live events with artists like Money B and Airyen Vay. Discover new music experiences and features this season.

SyncTwin Leverages OpenUSD to Transform Microsoft Files into Factory Digital Twins

SyncTwin Leverages OpenUSD to Transform Microsoft Files into Factory Digital Twins

SyncTwin GmbH is enabling SMBs to create digital twins from Microsoft files using OpenUSD and NVIDIA Omniverse, optimizing factory operations.

BitMEX Launches BLASTUSDT Perpetual Swap with Up to 10x Leverage

BitMEX Launches BLASTUSDT Perpetual Swap with Up to 10x Leverage

BitMEX introduces BLASTUSDT perpetual swap trading with leverage up to 10x, enhancing opportunities for traders.

SyncTwin Leverages OpenUSD and Generative AI to Democratize Industrial Digital Twins

SyncTwin Leverages OpenUSD and Generative AI to Democratize Industrial Digital Twins

SyncTwin's app uses OpenUSD and generative AI to enhance industrial efficiency and sustainability, transforming factory workflows.

Ethereum Developers Discuss Pectra Upgrade and Client Diversity at Consensus Call #136

Ethereum Developers Discuss Pectra Upgrade and Client Diversity at Consensus Call #136

Ethereum developers cover Pectra upgrade, client diversity, and block validation at the All Core Developers Consensus Call #136, led by Alex Stokes.

PayPal USD (PYUSD) Now Supported on Crypto.com Pay

PayPal USD (PYUSD) Now Supported on Crypto.com Pay

PayPal USD (PYUSD), issued by Paxos, is now available on Crypto.com Pay, enhancing utility for millions of users.

Binance Offers Up to 7% APR on USDC Flexible Products in Limited-Time Promotion

Binance Offers Up to 7% APR on USDC Flexible Products in Limited-Time Promotion

Binance launches a limited-time promotion for USDC Flexible Products, offering up to 7% APR rewards. Learn about the terms and conditions.

NVIDIA H100 GPUs and TensorRT-LLM Achieve Breakthrough Performance for Mixtral 8x7B

NVIDIA H100 GPUs and TensorRT-LLM Achieve Breakthrough Performance for Mixtral 8x7B

NVIDIA's H100 Tensor Core GPUs and TensorRT-LLM software demonstrate record-breaking performance for the Mixtral 8x7B model, leveraging FP8 precision.

OKX Launches Compound v3 (Arbitrum) USDC Earn Product

OKX Launches Compound v3 (Arbitrum) USDC Earn Product

OKX introduces Compound v3 (Arbitrum) USDC Earn product, offering users on-chain rewards starting July 3, 2024.

OKX Announces Position Tier Adjustments for BTCUSDT and BTCUSD Expiry Futures

OKX Announces Position Tier Adjustments for BTCUSDT and BTCUSD Expiry Futures

OKX will adjust position tiers for BTCUSDT and BTCUSD expiry futures to improve market liquidity and mitigate risks, effective July 8, 2024.

Open Campus Secures Arbitrum Foundation Grant to Launch EDU Chain for Education

Open Campus Secures Arbitrum Foundation Grant to Launch EDU Chain for Education

Open Campus receives a grant from the Arbitrum Foundation to launch EDU Chain, a Layer 3 blockchain dedicated to education.

Binance Margin Offers One-Hour Interest Fee Waiver for USDC and Select Cryptocurrencies

Binance Margin Offers One-Hour Interest Fee Waiver for USDC and Select Cryptocurrencies

Binance Margin announces a one-hour interest fee waiver promotion for borrowing USDC and other cryptocurrencies from July 4 to July 21.

Manta Foundation Allocates Treasury to wUSDM, Backed by BlackRock’s BUIDL Fund

Manta Foundation Allocates Treasury to wUSDM, Backed by BlackRock’s BUIDL Fund

Manta Foundation strategically allocates its stable crypto assets to wUSDM, supported by BlackRock's BUIDL Fund, enhancing financial security within the Manta Network ecosystem.

Wormhole Launches Native USDT Transfers Across Multiple Blockchains

Wormhole Launches Native USDT Transfers Across Multiple Blockchains

Wormhole introduces native USDT transfers on Ethereum, Arbitrum, Base, Optimism, Polygon, BNB Chain, and Avalanche, leveraging Uniswap v3 and PancakeSwap pools.

Waabi Leverages Generative AI for Fully Driverless Autonomous Trucking

Waabi Leverages Generative AI for Fully Driverless Autonomous Trucking

Toronto-based startup Waabi is utilizing generative AI technology to advance fully driverless autonomous trucking, collaborating with NVIDIA for scalable solutions.

Binance Margin Introduces New USDC Trading Pairs

Binance Margin Introduces New USDC Trading Pairs

Binance Margin expands its offerings by adding new USDC trading pairs on Cross and Isolated Margin, enhancing user experience and portfolio diversification.

Binance Updates Zero-Fee Trading for TUSD Spot and Margin Pairs

Binance Updates Zero-Fee Trading for TUSD Spot and Margin Pairs

Binance announces updates to its zero-fee trading structure for TUSD spot and margin trading pairs, effective from July 16, 2024.

BitMEX Introduces 100x Leverage for SOLUSD Perpetual Swap

BitMEX Introduces 100x Leverage for SOLUSD Perpetual Swap

BitMEX has announced the launch of 100x leverage for the SOLUSD perpetual swap, effective from July 10, 2024.

Binance to Delist TUSD from Cross and Isolated Margin Trading

Binance to Delist TUSD from Cross and Isolated Margin Trading

Binance Margin will delist TUSD from Cross and Isolated Margin pairs on July 24, 2024, affecting BTC/TUSD and TUSD/USDT pairs.

Generative AI: How Diffusion Models Are Transforming the AEC Industry

Generative AI: How Diffusion Models Are Transforming the AEC Industry

Explore how generative AI and diffusion models are revolutionizing the Architecture, Engineering, and Construction (AEC) industry with enhanced design, visualization, and project management.

Tether (USDT) to Discontinue Support for Multiple Blockchain Implementations by 2025

Tether (USDT) to Discontinue Support for Multiple Blockchain Implementations by 2025

Tether announces it will discontinue support for Omni, Kusama, SLP, EOS, and Algorand blockchains by September 2025, prioritizing community preferences and security.

Binance Launches Ethereum (ETH) Promotion with $40,000 USDC Rewards

Binance Launches Ethereum (ETH) Promotion with $40,000 USDC Rewards

Binance introduces a new promotion for Ethereum users, offering $40,000 USDC in rewards for depositing, copying, or trading selected tokens.

SingularityNET (AGIX) Partners with Lighthouse to Enhance Decentralized Data Storage

SingularityNET (AGIX) Partners with Lighthouse to Enhance Decentralized Data Storage

SingularityNET (AGIX) joins forces with Lighthouse to boost data storage capabilities using Filecoin's tech, enhancing security and scalability for AI applications.

IBM Research Unveils AI Tools for Business Automation

IBM Research Unveils AI Tools for Business Automation

IBM Research introduces AI tools aimed at automating business processes, enhancing efficiency, and providing explainable AI systems to drive new insights.

Binance Futures Launches Mock Copy Trading Competition with 30,000 USDT in Rewards

Binance Futures Launches Mock Copy Trading Competition with 30,000 USDT in Rewards

Binance Futures announces a Mock Copy Trading competition, offering 30,000 USDT in rewards. Participants can join from July 19 to August 1, 2024.

Binance Launches WIF COIN-M Futures Trading Competition with 10,000 WIF in Rewards

Binance Launches WIF COIN-M Futures Trading Competition with 10,000 WIF in Rewards

Binance Futures introduces a new trading competition with a 10,000 WIF reward pool to celebrate the launch of the WIFUSD COIN-M perpetual contract.

HKMA Issues Alert on Fraudulent Websites Linked to Bank Julius Baer

HKMA Issues Alert on Fraudulent Websites Linked to Bank Julius Baer

The Hong Kong Monetary Authority (HKMA) warns the public about fraudulent websites related to Bank Julius Baer & Co. Ltd., urging caution and immediate action if affected.

BitMEX to List POPCATUSDT Perpetual Swap with Up to 10x Leverage

BitMEX to List POPCATUSDT Perpetual Swap with Up to 10x Leverage

BitMEX announces the listing of POPCATUSDT perpetual swap with up to 10x leverage, starting 24 July 2024.

Binance Margin Introduces New USDC Trading Pairs

Binance Margin Introduces New USDC Trading Pairs

Binance Margin adds new USDC trading pairs on Cross and Isolated Margin, enhancing user trading experience and portfolio diversification.

Injective (INJ) Integrates Mountain Protocol to Introduce Tokenized T-Bills

Injective (INJ) Integrates Mountain Protocol to Introduce Tokenized T-Bills

Injective (INJ)has integrated with Mountain Protocol to launch USDM, a yield-bearing stablecoin, enhancing the DeFi ecosystem with tokenized treasury bills.

SingularityNET (AGIX) and AL’MA Action Logement Utilize AI and Knowledge Graphs for Sustainable Construction

SingularityNET (AGIX) and AL’MA Action Logement Utilize AI and Knowledge Graphs for Sustainable Construction

SingularityNET (AGIX) and AL’MA Action Logement are leveraging AI and Knowledge Graphs to innovate sustainable construction practices.

Binance to List BTCUSDT and ETHUSDT Options with November 2024 Expiry

Binance to List BTCUSDT and ETHUSDT Options with November 2024 Expiry

Binance announces the early listing of BTCUSDT and ETHUSDT options with a November 2024 expiry date, starting July 24, 2024.

Binance Announces 50,000 FDUSD Rewards for Completing Deposit and Trading Tasks

Binance Announces 50,000 FDUSD Rewards for Completing Deposit and Trading Tasks

Binance launches a promotion offering a share of 50,000 FDUSD to selected users who complete deposit and trading tasks during the specified period.

Upcoming US Election to Shape Future of Crypto Regulation

Upcoming US Election to Shape Future of Crypto Regulation

The US election could dramatically reshape crypto policy, with key figures like Kamala Harris and Donald Trump taking center stage.

BitMEX Launches POPCATUSDT Perpetual Swap with 10x Leverage

BitMEX Launches POPCATUSDT Perpetual Swap with 10x Leverage

BitMEX has announced the launch of the POPCATUSDT perpetual swap, offering traders up to 10x leverage, according to the BitMEX Blog.

Polygon (MATIC) CDK Integrates Bridged USDC Standard for Enhanced Stability

Polygon (MATIC) CDK Integrates Bridged USDC Standard for Enhanced Stability

Polygon (MATIC) CDK is the first chain development kit to integrate Circle's Bridged USDC Standard, offering seamless upgrades and improved liquidity.

NVIDIA Enhances Product Configurators with OpenUSD Integration

NVIDIA Enhances Product Configurators with OpenUSD Integration

NVIDIA integrates OpenUSD with Omniverse and generative AI, streamlining product configurator development for hyperpersonalized digital experiences.

Ethereum Developers Discuss Pectra Devnet 1 and Engine API Updates in Call #138

Ethereum Developers Discuss Pectra Devnet 1 and Engine API Updates in Call #138

Ethereum developers gathered for the All Core Developers Consensus Call #138 to discuss Pectra Devnet 1, Engine API updates, and other important changes.

Binance Introduces FDUSD Flexible Products with Up to 11.5% APR Rewards

Binance Introduces FDUSD Flexible Products with Up to 11.5% APR Rewards

Binance launches a promotion for FDUSD Simple Earn Flexible Products, offering up to 11.5% APR rewards for eligible users during the promotion period.

BitMEX Announces Changes to Minimum Price Increments for XBTUSD and ETHUSD

BitMEX Announces Changes to Minimum Price Increments for XBTUSD and ETHUSD

BitMEX will adjust the Minimum Price Increments for Bitcoin (XBTUSD) and Ethereum (ETHUSD) perpetual swaps starting 31 July 2024.

Luminary Cloud Accelerates Engineering Simulations with NVIDIA GPUs

Luminary Cloud Accelerates Engineering Simulations with NVIDIA GPUs

Luminary Cloud leverages NVIDIA GPUs to speed up engineering simulations, addressing industry challenges and enhancing productivity.

BNB Chain Introduces Governance Upgrades Following BC Fusion

BNB Chain Introduces Governance Upgrades Following BC Fusion

BNB Chain announces significant governance upgrades post-BC Fusion, aiming to enhance decentralization and community participation.

Arkham Introduces Username Claim Feature for Users

Arkham Introduces Username Claim Feature for Users

Arkham Intelligence announces a new feature allowing users to claim unique usernames on the platform.

NVIDIA Introduces Generative AI Models and NIM Microservices for OpenUSD

NVIDIA Introduces Generative AI Models and NIM Microservices for OpenUSD

NVIDIA reveals generative AI models and NIM microservices for OpenUSD, enhancing workflows in industrial digital twins and robotics.

NVIDIA Unveils Generative AI Tools for OpenUSD Workflows

NVIDIA Unveils Generative AI Tools for OpenUSD Workflows

NVIDIA introduces new generative AI and development tools for OpenUSD workflows at SIGGRAPH 2024, enhancing industrial and robotics applications.

AMD Instinct MI300X Accelerators Boost Performance for Large Language Models

AMD Instinct MI300X Accelerators Boost Performance for Large Language Models

AMD's MI300X accelerators, with high memory bandwidth and capacity, enhance the performance and efficiency of large language models.

Binance Margin Introduces New USDC Trading Pairs

Binance Margin Introduces New USDC Trading Pairs

Binance Margin expands its offerings by adding new USDC trading pairs on Cross and Isolated Margin, enhancing user trading experience.

BitMEX Adjusts Minimum Price Increments for XBTUSD and ETHUSD Swaps

BitMEX Adjusts Minimum Price Increments for XBTUSD and ETHUSD Swaps

BitMEX has reduced the Minimum Price Increments for Bitcoin (XBTUSD) and Ethereum (ETHUSD) perpetual swaps, effective from July 31, 2024.

2024 US Presidential Candidates' Stance on Bitcoin (BTC) and Crypto Policies

2024 US Presidential Candidates' Stance on Bitcoin (BTC) and Crypto Policies

Explore the crypto policies of future US presidential candidates and their potential impact on Bitcoin (BTC) and the broader cryptocurrency market.

Mysten Labs Introduces Mysticeti to Improve Sui's Consensus Performance

Mysten Labs Introduces Mysticeti to Improve Sui's Consensus Performance

Mysten Labs Chief Scientist George Danezis details how Sui's new Mysticeti consensus engine reduces latency and enhances user experience.

Arkham Intelligence Reaches 100,000 User Milestone

Arkham Intelligence Reaches 100,000 User Milestone

Arkham Intelligence surpasses 100,000 users since launching its Beta Program in August 2022, achieving nearly 40% average weekly growth.

Binance Offers Zero Maker Fee for VIP 6-8 Users on USDⓢ-Margined Futures

Binance Offers Zero Maker Fee for VIP 6-8 Users on USDⓢ-Margined Futures

Binance announces a limited-time zero maker fee promotion for VIP 6-8 users on USDⓢ-margined futures, effective from August 7 to October 16, 2024.

dYdX Introduces MegaVault: A New USDC Yield Feature

dYdX Introduces MegaVault: A New USDC Yield Feature

dYdX announces MegaVault, a feature enabling USDC deposits for liquidity provision and yield generation, with automated market-making strategies across various markets.

Binance Offers $100,000 USDC Rewards and Loss Protection for Spot Trading Participants

Binance Offers $100,000 USDC Rewards and Loss Protection for Spot Trading Participants

Binance announces a promotion for new and existing users, offering $100,000 USDC in rewards and loss protection for Spot trading activities.

HKMA Issues Warning on Phishing Threats Tied to Octopus Cards Limited

HKMA Issues Warning on Phishing Threats Tied to Octopus Cards Limited

HKMA alerts public about phishing messages and fraudulent websites linked to Octopus Cards Limited. Urges immediate action if personal information was shared.

Binance Futures to Introduce SOLUSD COIN-M Contracts with Up to 20x Leverage

Binance Futures to Introduce SOLUSD COIN-M Contracts with Up to 20x Leverage

Binance Futures will launch SOLUSD COIN-M Quarterly and Bi-Quarterly Contracts on August 14, 2024, offering up to 20x leverage.

IOTA Introduces Digital Product Passports for Electronics

IOTA Introduces Digital Product Passports for Electronics

IOTA Foundation unveils a Digital Product Passport prototype for electronics, enhancing transparency and sustainability in the lifecycle from manufacturing to recycling.

Wavlake Revolutionizes Music Streaming with Bitcoin Lightning Network

Wavlake Revolutionizes Music Streaming with Bitcoin Lightning Network

Discover how Wavlake leverages Bitcoin Lightning Network to enable direct payments from fans to artists, bypassing traditional financial intermediaries.

Wavlake Revolutionizes Music and Podcast Streaming with Bitcoin Donations

Wavlake Revolutionizes Music and Podcast Streaming with Bitcoin Donations

Wavlake leverages Bitcoin's Lightning Network to enable fans to directly donate to their favorite artists, eliminating traditional intermediaries.

Gala Games Announces Sushi Boat Bash Competition for $GALA Rewards

Gala Games Announces Sushi Boat Bash Competition for $GALA Rewards

Gala Games launches the Sushi Boat Bash competition in Common Ground World, offering players a chance to win $GALA. The event starts on August 13th.

BitMEX Lists NEIROUSDT Perpetual Swap with Up to 10x Leverage

BitMEX Lists NEIROUSDT Perpetual Swap with Up to 10x Leverage

BitMEX has introduced a new NEIROUSDT perpetual swap contract, offering traders up to 10x leverage, according to BitMEX Blog.

Tether (USDT) Commits $3M to Kem for Financial Inclusion in the Middle East

Tether (USDT) Commits $3M to Kem for Financial Inclusion in the Middle East

Tether invests $3 million in Kem to boost financial inclusion and USD₮ adoption in the Middle East, targeting improved economic conditions and access to financial services.

Optimizing GPU Clusters for Generative AI Model Training: A Comprehensive Guide

Optimizing GPU Clusters for Generative AI Model Training: A Comprehensive Guide

Explore the intricacies of testing and running large GPU clusters for generative AI model training, ensuring high performance and reliability.

Gala Music Unveils Exclusive NFT Drops and New $MUSIC Mystery Box

Gala Music Unveils Exclusive NFT Drops and New $MUSIC Mystery Box

Gala Music announces exciting NFT drops from artists like Nyku, YUNICE, and Emily Faye, along with the launch of a new $MUSIC Mystery Box.

Circle's Smart Contract Platform Enables Seamless ETH to USDC Swaps

Circle's Smart Contract Platform Enables Seamless ETH to USDC Swaps

Circle's Smart Contract Platform simplifies ETH to USDC swaps via a smart contract with an SDK for easy deployment and interaction.

Gala Music: The Platform Transforming Artist Earnings

Gala Music: The Platform Transforming Artist Earnings

Discover how Gala Music leverages blockchain to significantly enhance artist earnings compared to Spotify, providing new revenue streams and deeper fan connections.

BitMEX Launches ATHUSD Perpetual Swap with 10X Leverage

BitMEX Launches ATHUSD Perpetual Swap with 10X Leverage

BitMEX introduces the ATHUSD perpetual swap, offering traders up to 10x leverage. The new listing is now live for trading.

IBM Research Explores Generative AI for Business Applications

IBM Research Explores Generative AI for Business Applications

IBM Research focuses on trustworthy generative AI models and infrastructure to tackle business challenges, addressing scalability and reliability issues.

Binance Futures to Introduce USDⓈ-Margined SYN Perpetual Contract with 50x Leverage

Binance Futures to Introduce USDⓈ-Margined SYN Perpetual Contract with 50x Leverage

Binance Futures will launch the SYNUSDT Perpetual Contract on August 16, 2024, offering up to 50x leverage to enhance trading options.

BitMEX Launches TONUSDT Perpetual Swap with 10x Leverage

BitMEX Launches TONUSDT Perpetual Swap with 10x Leverage

BitMEX has announced the listing of TONUSDT perpetual swap, offering traders up to 10x leverage. The new listing is now live on the platform.

Binance Futures Introduces USDⓈ-Margined SYS Perpetual Contract with Up to 50x Leverage

Binance Futures Introduces USDⓈ-Margined SYS Perpetual Contract with Up to 50x Leverage

Binance Futures will launch the SYSUSDT Perpetual Contract with up to 50x leverage, starting August 19, 2024, at 12:30 (UTC).

Gala Games Launches Beta Version 1 of Project Cerberus for Mobile

Gala Games Launches Beta Version 1 of Project Cerberus for Mobile

Gala Games' highly anticipated VOX mobile title, Project Cerberus, is now available for public testing in its beta Version 1.

HKMA and DFSA to Co-Host Climate Conference on Sustainable Finance

HKMA and DFSA to Co-Host Climate Conference on Sustainable Finance

The HKMA and DFSA will co-host a Climate Finance Conference in September 2024, fostering sustainable finance cooperation between Asia and the Middle East.

BitMEX to Launch SUNDOGUSDT Perpetual Contract with 50x Leverage

BitMEX to Launch SUNDOGUSDT Perpetual Contract with 50x Leverage

BitMEX will list the new SUNDOGUSDT perpetual contract, offering up to 50x leverage, on 23 August 2024 at 04:00 UTC.

Enhancing Customer Understanding with Speech AI: The Role of Conversation Intelligence

Enhancing Customer Understanding with Speech AI: The Role of Conversation Intelligence

Discover how Speech AI models are revolutionizing customer service by providing better insights through conversation intelligence platforms.

How Programmable Wallets Facilitate USDC Payments for Gateways

How Programmable Wallets Facilitate USDC Payments for Gateways

Circle's Programmable Wallets streamline USDC payments for payment gateways, simplifying blockchain integration and enhancing transaction efficiency.

Jane Handcock to Release NFT EP 'A Few Sappy Songs' on Gala Music

Jane Handcock to Release NFT EP 'A Few Sappy Songs' on Gala Music

R&B Hip-hop artist Jane Handcock is set to release her new NFT EP 'A Few Sappy Songs' on Gala Music, featuring five exclusive tracks.

NVIDIA and Zoox Propel Autonomous Ride-Hailing Innovations

NVIDIA and Zoox Propel Autonomous Ride-Hailing Innovations

NVIDIA and Zoox celebrate a decade of collaboration, showcasing advancements in autonomous ride-hailing with cutting-edge technology and simulation.

Binance Pay Offers Up to 35 USDT in New Conversion Campaign

Binance Pay Offers Up to 35 USDT in New Conversion Campaign

Binance Pay users can win up to 35 USDT by participating in a new conversion campaign running from August 1 to August 15, 2024.

Binance Futures Adjusts Leverage & Margin Tiers for Multiple Perpetual Contracts

Binance Futures Adjusts Leverage & Margin Tiers for Multiple Perpetual Contracts

Binance Futures announces updates to the leverage and margin tiers for SOLUSDT, 1000PEPEUSDT, MEWUSDT, and TAOUSDT USDⓈ-M perpetual contracts.

Circle to Cease USDC Support on Flow Blockchain Amid Network Upgrade

Circle to Cease USDC Support on Flow Blockchain Amid Network Upgrade

Circle announces the discontinuation of USDC support on the Flow blockchain due to an upcoming network upgrade, effective September 3, 2024.

Binance Futures Introduces New ZROUSDT USDⓈ-M Contract for Copy Trading

Binance Futures Introduces New ZROUSDT USDⓈ-M Contract for Copy Trading

Binance Futures adds ZROUSDT USDⓈ-M contract to its Copy Trading service, enhancing opportunities for traders to follow experienced portfolios.

NVIDIA BlueField DPUs Enhance VAST Data Platform for AI Workload Optimization

NVIDIA BlueField DPUs Enhance VAST Data Platform for AI Workload Optimization

VAST Data integrates NVIDIA BlueField DPUs to optimize AI workloads, boost performance, and enhance data security.

Figure Launches Advanced Humanoid Robot Leveraging NVIDIA AI for Autonomous Tasks

Figure Launches Advanced Humanoid Robot Leveraging NVIDIA AI for Autonomous Tasks

Figure has unveiled its next-gen Figure 02 humanoid robot, utilizing NVIDIA Omniverse and GPUs for enhanced AI capabilities and autonomous operations.

George Danezis Discusses Development of Mysticeti for Sui Blockchain

George Danezis Discusses Development of Mysticeti for Sui Blockchain

Mysten Labs' Chief Scientist, George Danezis, explains the development and impact of the Mysticeti consensus engine on the Sui blockchain.

Sustainable Crypto Growth: The Necessity of Providing Real Value

Sustainable Crypto Growth: The Necessity of Providing Real Value

Binance Research emphasizes the need for crypto projects to focus on real value, sustainable yields, and genuine user demand to ensure long-term growth.

Tether to Defend Against Celsius' $2.4 Billion Lawsuit

Tether to Defend Against Celsius' $2.4 Billion Lawsuit

Tether faces a $2.4 billion lawsuit from Celsius Network over a 2022 agreement, vowing to defend against the claims in court.

The Strategic Importance of Customer Success Teams in AI Product Implementation

The Strategic Importance of Customer Success Teams in AI Product Implementation

Discover how technical customer success and support teams play a critical role in winning and retaining customers, especially in the AI industry.

Binance Offers 19.9% APR on FDUSD Locked Products in Limited-Time Promotion

Binance Offers 19.9% APR on FDUSD Locked Products in Limited-Time Promotion

Binance launches a promotion offering 19.9% APR on FDUSD Locked Products, available from August 12 to August 22, 2024, on a first-come, first-served basis.

Binance to Convert Delisted Tokens to USDC by March 2025

Binance to Convert Delisted Tokens to USDC by March 2025

Binance announces the conversion of delisted tokens to USDC by March 2025. Users must withdraw impacted tokens by September 1, 2024.

BitMEX to List NEIROUSDT Perpetual Swap with 10x Leverage

BitMEX to List NEIROUSDT Perpetual Swap with 10x Leverage

BitMEX announces the listing of NEIROUSDT perpetual swap with up to 10x leverage, available for trading starting August 13.

Gala Music Introduces $MUSIC Box with Exciting Prizes

Gala Music Introduces $MUSIC Box with Exciting Prizes

Gala Music unveils the $MUSIC Box for $4.99, offering chances to win $MUSIC, $GALA, exclusive NFT tracks, and a $2k Jukebox Node.

Binance Launches Crypto Lemonade Summer Promotion with 500,000 USDC in Rewards

Binance Launches Crypto Lemonade Summer Promotion with 500,000 USDC in Rewards

Binance announces its Crypto Lemonade Summer promotion, offering users a chance to win a share of 500,000 USDC by participating in the referral program.

BitMEX to List BANANAUSDT Perpetual Swap with 10x Leverage

BitMEX to List BANANAUSDT Perpetual Swap with 10x Leverage

BitMEX announces the listing of BANANAUSDT perpetual swap, offering traders up to 10x leverage starting August 16, 2024.

Binance Futures Announces 30,000 USDC Prize Pool in New Promotions

Binance Futures Announces 30,000 USDC Prize Pool in New Promotions

Binance Futures introduces three promotions with a 30,000 USDC prize pool, offering loss protection for new traders and rewards for trading volume.

BitMEX Lists BANANAUSDT Perpetual Swap with Up to 10x Leverage

BitMEX Lists BANANAUSDT Perpetual Swap with Up to 10x Leverage

BitMEX has launched the BANANAUSDT perpetual swap, allowing traders to leverage up to 10x. Trading began on August 16, 2024.

Binance Launches Refer2Earn Campaign with 100,000 USDC Reward Pool

Binance Launches Refer2Earn Campaign with 100,000 USDC Reward Pool

Binance introduces a limited-time referral campaign, Refer2Earn, offering up to 1,550 USDC in rewards for eligible users. The total reward pool is 100,000 USDC.

Integrating USDC Payments with Wagmi and Programmable Wallets

Integrating USDC Payments with Wagmi and Programmable Wallets

Learn how to integrate USDC payments into your e-commerce platform using Wagmi and Circle's Programmable Wallets for seamless and instant transactions.

Tether (USD₮) Set to Launch on Aptos Blockchain

Tether (USD₮) Set to Launch on Aptos Blockchain

Tether announces the launch of its USD₮ tokens on the Aptos Blockchain, enhancing accessibility and utility with advanced technology.

BitMEX Lists SUNDOGUSDT Perpetual Swap with 50x Leverage

BitMEX Lists SUNDOGUSDT Perpetual Swap with 50x Leverage

BitMEX has launched the SUNDOGUSDT perpetual swap, offering traders up to 50x leverage on the new listing.

Sui Implements Shared Custody Model for Enhanced Decentralized Finance

Sui Implements Shared Custody Model for Enhanced Decentralized Finance

Sui introduces a shared custody model in its object-centric data framework, enhancing security and efficiency for DeFi applications.

Tether (USDT) Assists U.S. DOJ in Seizing $5 Million from Fraud Scheme

Tether (USDT) Assists U.S. DOJ in Seizing $5 Million from Fraud Scheme

Tether aids the U.S. Department of Justice in seizing $5 million in USDT from a fraudulent scheme, reinforcing its commitment to combating illicit activities.

OFAC Sanctions Russian UAV Developer KB Vostok Amid Ukraine Conflict

OFAC Sanctions Russian UAV Developer KB Vostok Amid Ukraine Conflict

OFAC imposes sanctions on Russian drone developer KB Vostok, linked to Ukraine invasion, disrupting Russia’s military supply chain.

BitMEX Lists DOGSUSDT Perpetual Swap with Up to 10x Leverage

BitMEX Lists DOGSUSDT Perpetual Swap with Up to 10x Leverage

BitMEX announces the listing of DOGSUSDT perpetual swap, offering up to 10x leverage for traders.

BitMEX Introduces Fair Price Marking for DOGSUSDTQ24

BitMEX Introduces Fair Price Marking for DOGSUSDTQ24

BitMEX has updated the Mark Method for DOGSUSDTQ24 to Fair Price marking, effective August 27, 2024, enhancing price accuracy.

Binance Affiliates Can Earn Up to 95,000 USDC in New Content Challenge

Binance Affiliates Can Earn Up to 95,000 USDC in New Content Challenge

Binance announces a content challenge campaign for affiliates with rewards up to 95,000 USDC. The campaign runs from August 27 to September 30, 2024.

Ensuro Leverages USDC to Enhance Insurance Accessibility for Underserved Populations

Ensuro Leverages USDC to Enhance Insurance Accessibility for Underserved Populations

Ensuro, using USDC, is revolutionizing insurance by making it more inclusive and capital efficient, especially for underserved populations.

Gala Music Marks First Anniversary of Earl Sweatshirt and The Alchemist's 'Voir Dire'

Gala Music Marks First Anniversary of Earl Sweatshirt and The Alchemist's 'Voir Dire'

Gala Music celebrates the first anniversary of 'Voir Dire' by Earl Sweatshirt and The Alchemist, an innovative NFT album that continues to captivate fans.

Binance P2P Offers 5,000 FDUSD to Users in Welcome Back Campaign

Binance P2P Offers 5,000 FDUSD to Users in Welcome Back Campaign

Binance P2P announces a promotional campaign offering 5,000 FDUSD in rewards for eligible users who have not traded since January 2024.

Gala Games Introduces Music Coin: A New Way to Earn $TREZ and $GALA

Gala Games Introduces Music Coin: A New Way to Earn $TREZ and $GALA

Gala Games launches Music Coin, a Telegram-based game offering rewards in $TREZ and $GALA tokens. Discover how to play and maximize your earnings.

Amuse 2.1 Beta Released: FLUX.1 Support and Key Enhancements

Amuse 2.1 Beta Released: FLUX.1 Support and Key Enhancements

AMD releases Amuse 2.1 Beta with FLUX.1 support, bug fixes, and additional Stable Diffusion models for enhanced AI image generation.

Arkham Intelligence Partners with Tennis Star Tommy Paul at the US Open

Arkham Intelligence Partners with Tennis Star Tommy Paul at the US Open

Arkham Intelligence teams up with top-ranked tennis player and Olympic Bronze Medallist Tommy Paul for the US Open, enhancing sports and crypto collaboration.

Binance Launches Convert & Earn Campaign with USDC Rewards

Binance Launches Convert & Earn Campaign with USDC Rewards

Binance announces a new campaign allowing users to earn USDC rewards by converting digital assets through Binance Pay.

Binance Launches FDUSD Locked Products with 15.9% Fixed APR

Binance Launches FDUSD Locked Products with 15.9% Fixed APR

Binance introduces FDUSD Locked Products offering a 15.9% fixed APR during a limited promotion period, enhancing user earning potential.

Clash Releases New Single 'luv' on August 30

Clash Releases New Single 'luv' on August 30

The musical artist Clash is set to release a new single titled 'luv' on August 30, according to Gala News.

Binance Margin Launches USDC Interest Fee Rebate Promotion

Binance Margin Launches USDC Interest Fee Rebate Promotion

Binance Margin announces a promotion offering 130,000 USDC in interest fee rebates for eligible users who increase their margin trading volume.

VanEck's Green Bond ETF (GRNB): A Comprehensive Overview

VanEck's Green Bond ETF (GRNB): A Comprehensive Overview

VanEck's Green Bond ETF (GRNB) focuses on sustainable investments in renewable energy and clean transportation projects. Discover its benefits and risks.

Nigerian Artist JIRE Debuts on Gala Music with 'Call God'

Nigerian Artist JIRE Debuts on Gala Music with 'Call God'

Nigerian Afrobeat artist JIRE makes his debut on Gala Music with the single 'Call God,' featuring a $MUSIC reward-enabled NFT.

BitMEX Delists MATICUSDT and MATIC/USDT Amid Polygon Migration

BitMEX Delists MATICUSDT and MATIC/USDT Amid Polygon Migration

BitMEX delists MATICUSDT and MATIC/USDT pairs following the MATIC to POL migration on Polygon.

Rahat’s Rumee Singh Enhances Financial Resilience with Blockchain

Rahat’s Rumee Singh Enhances Financial Resilience with Blockchain

Rahat, led by Rumee Singh, leverages blockchain technology to support financially vulnerable populations globally, winning accolades and grants.

Binance Launches Refer2Earn Program with 76,000 USDC in Rewards

Binance Launches Refer2Earn Program with 76,000 USDC in Rewards

Binance announces a limited-time Refer2Earn promotion, offering users in Central and Eastern Europe a chance to win up to 1,500 USDC.

BitMEX Lists POLUSDT Perpetual Swap with 10x Leverage

BitMEX Lists POLUSDT Perpetual Swap with 10x Leverage

BitMEX has introduced a new perpetual swap listing, POLUSDT, offering traders up to 10x leverage, according to BitMEX Blog.

Russia Legalizes Crypto Mining and Payments Amid Sanctions

Russia Legalizes Crypto Mining and Payments Amid Sanctions

In response to Western sanctions, Russia has enacted legislation legalizing cryptocurrency mining and international payments, a strategic pivot aimed at mitigating economic pressures.

Daisy Guttridge to Release 'Lonely (Demo)' This Friday

Daisy Guttridge to Release 'Lonely (Demo)' This Friday

Daisy Guttridge's new track 'Lonely (Demo)' will be released on September 6th at 1pm PT, according to Gala News.

AUSD Stablecoin Now Integrated with Sui Network

AUSD Stablecoin Now Integrated with Sui Network

AUSD stablecoin launches on Sui, enhancing the network's utility, accessibility, and interoperability, according to The Sui Blog.

AI Revolutionizes Customer Service Across Multiple Industries

AI Revolutionizes Customer Service Across Multiple Industries

AI-powered customer service tools are transforming industries by enhancing agent productivity, automating interactions, and improving customer satisfaction.

BitMEX to Launch POLUSDT Perpetual Swap with Up to 10x Leverage

BitMEX to Launch POLUSDT Perpetual Swap with Up to 10x Leverage

BitMEX is set to launch a new POLUSDT perpetual swap contract with up to 10x leverage on September 5, 2024.

Binance Futures Introduces DOGSUSD COIN-M Perpetual Contract with 20x Leverage

Binance Futures Introduces DOGSUSD COIN-M Perpetual Contract with 20x Leverage

Binance Futures will launch the DOGSUSD COIN-M Perpetual Contract with up to 20x leverage starting September 10, 2024.

Binance Announces USDC Airdrop for FRONT and SLF Holders

Binance Announces USDC Airdrop for FRONT and SLF Holders

Binance will distribute 1,000,000 USDC to FRONT and SLF holders following the token rebranding to SLF, ensuring user feedback and transparency.

US Digital Asset Outflows Reach $721M Amid Rate Cut Uncertainty, Europe Shows Resilience

US Digital Asset Outflows Reach $721M Amid Rate Cut Uncertainty, Europe Shows Resilience

Digital asset investment products faced significant outflows, primarily from the US, amid interest rate cut uncertainty, while Europe showed resilience.

Blockchain Tech Breakthroughs and Their Impact on Various Industries

Blockchain Tech Breakthroughs and Their Impact on Various Industries

Explore how blockchain innovations like AMMs, DAOs, and zero-knowledge proofs are transforming industries beyond crypto, as discussed in a16z crypto's latest podcast.

HKMA and DFSA Forge Strategic Partnership to Advance Sustainable Finance

HKMA and DFSA Forge Strategic Partnership to Advance Sustainable Finance

HKMA and DFSA held a joint conference to strengthen their collaboration on sustainable finance, emphasizing the importance of transition finance and net-zero goals.

UFC and VeChain Join Forces to Enhance Sustainability with VeBetter Ecosystem

UFC and VeChain Join Forces to Enhance Sustainability with VeBetter Ecosystem

UFC and VeChain announce a strategic partnership to advance the VeBetter ecosystem, promoting sustainability through blockchain technology.

USDC and Cross-Chain Transfer Protocol to Launch on Sui Network

USDC and Cross-Chain Transfer Protocol to Launch on Sui Network

The Sui Network is set to integrate USDC, enhancing DeFi utility and interoperability through increased liquidity and streamlined transactions.

Binance Unveils 50,000 FDUSD Reward Campaign with Task-Based Vault Unlocking

Binance Unveils 50,000 FDUSD Reward Campaign with Task-Based Vault Unlocking

Binance announces a promotion offering 50,000 FDUSD in rewards. Complete tasks to collect icon cards and unlock the vault.

Tether (USDT) Strengthens Financial Transparency and Law Enforcement Collaboration

Tether (USDT) Strengthens Financial Transparency and Law Enforcement Collaboration

Tether (USDT) bolsters financial transparency and law enforcement collaboration, enhancing global financial inclusion and security.

Binance Announces Promotion for Fixed Rate Loans with Prizes Up to 799 USDC

Binance Announces Promotion for Fixed Rate Loans with Prizes Up to 799 USDC

Binance launches a new promotion for its Fixed Rate Loans, offering users the chance to win up to 799 USDC. The campaign runs from September 19 to October 11, 2024.

Binance Futures Unveils USDⓈ-Margined FIDA/USDT Perpetual Contract with 75x Leverage

Binance Futures Unveils USDⓈ-Margined FIDA/USDT Perpetual Contract with 75x Leverage

Binance Futures is set to launch a USDⓈ-Margined FIDA/USDT Perpetual Contract with up to 75x leverage, enhancing trading options and user experience.

Tether (USDT) Invests $1.5 Million in Sorted Wallet to Boost Financial Inclusion

Tether (USDT) Invests $1.5 Million in Sorted Wallet to Boost Financial Inclusion

Tether invests $1.5M in Sorted Wallet to enhance financial inclusion in emerging markets, focusing on Africa and Southern Asia.

Binance Offers Up to 104 USDC in Exclusive Promotion for New and Existing Users

Binance Offers Up to 104 USDC in Exclusive Promotion for New and Existing Users

Binance has launched a promotion allowing users to earn up to 104 USDC through deposits or crypto purchases. The promotion runs from September 19 to October 17, 2024.

Binance Futures to Introduce KDAUSDT Perpetual Contract with 75x Leverage

Binance Futures to Introduce KDAUSDT Perpetual Contract with 75x Leverage

Binance Futures will launch the KDAUSDT Perpetual Contract with up to 75x leverage on September 18, 2024, enhancing trading options.

AI and Accelerated Computing Drive Energy Efficiency Gains During Climate Week 2024

AI and Accelerated Computing Drive Energy Efficiency Gains During Climate Week 2024

NVIDIA's AI and accelerated computing platforms are leading to significant energy efficiency improvements across various industries, highlighted during Climate Week 2024.

SLB and NVIDIA Team Up to Enhance Energy Sector with Generative AI

SLB and NVIDIA Team Up to Enhance Energy Sector with Generative AI

SLB and NVIDIA collaborate to develop generative AI solutions for the energy industry, leveraging NVIDIA NeMo and AI Enterprise platforms.

BitMEX Introduces CATIUSDT Perpetual Swap with Up to 50x Leverage

BitMEX Introduces CATIUSDT Perpetual Swap with Up to 50x Leverage

BitMEX launches CATIUSDT perpetual swap, offering traders the ability to long or short CATI with up to 50x leverage.

BitMEX Implements Fair Price Marking for CATIUSDTU24

BitMEX Implements Fair Price Marking for CATIUSDTU24

BitMEX announces the transition to Fair Price marking for CATIUSDTU24 as of September 23, 2024, enhancing price stability.

Binance Futures Introduces LOKAUSDT Perpetual Contract with 75x Leverage

Binance Futures Introduces LOKAUSDT Perpetual Contract with 75x Leverage

Binance Futures will launch the USDⓈ-Margined LOKAUSDT Perpetual Contract with up to 75x leverage, enhancing trading options.

NVIDIA Introduces Digital Human Interface Blueprint for AI Applications

NVIDIA Introduces Digital Human Interface Blueprint for AI Applications

NVIDIA unveils the NIM Agent Blueprint, enabling the development of digital human interfaces for AI applications, enhancing customer service with human-like interactions.

Binance Updates Leverage and Margin Tiers for Multiple USDⓈ-M Perpetual Contracts

Binance Updates Leverage and Margin Tiers for Multiple USDⓈ-M Perpetual Contracts

Binance Futures has revised the leverage and margin tiers for several USDⓈ-M perpetual contracts. These changes are effective from September 26, 2024.

AI and Data: Enhancing Zero Trust Cyber Defense Strategies

AI and Data: Enhancing Zero Trust Cyber Defense Strategies

NVIDIA's AI solutions, including Morpheus, are revolutionizing zero-trust cybersecurity by enabling real-time data analysis and anomaly detection.

Binance Launches Margin Trading Course with USDC Rewards

Binance Launches Margin Trading Course with USDC Rewards

Binance introduces a Margin Trading Learn & Earn course with USDC rewards for eligible users, available from September 26 to October 10, 2024.

Binance Futures to Launch USDⓈ-Margined REIUSDT Perpetual Contract with 75x Leverage

Binance Futures to Launch USDⓈ-Margined REIUSDT Perpetual Contract with 75x Leverage

Binance Futures will introduce the USDⓈ-Margined REIUSDT Perpetual Contract with up to 75x leverage, aiming to expand trading options and enhance user experience.

Binance Announces Dubai Escape Promotion with 60,000 FDUSD in Rewards

Binance Announces Dubai Escape Promotion with 60,000 FDUSD in Rewards

Binance launches Dubai Escape promotion, offering up to 60,000 FDUSD in token vouchers and a 2,000 FDUSD travel voucher for traders in MENA and South Asia regions.

BitMEX Introduces CATIUSDT Perpetual Swap with Up to 50x Leverage

BitMEX Introduces CATIUSDT Perpetual Swap with Up to 50x Leverage

BitMEX announces the listing of CATIUSDT perpetual swaps, offering traders up to 50x leverage starting September 23, 2024.

NVIDIA Joins U.S. Government's Global AI Inclusivity Initiative

NVIDIA Joins U.S. Government's Global AI Inclusivity Initiative

NVIDIA partners with U.S. government to launch the Partnership for Global Inclusivity on AI, providing training, GPU credits, and grants to developing countries.

Binance Futures to Launch USDⓈ-Margined GHSTUSDT Perpetual Contract with 75x Leverage

Binance Futures to Launch USDⓈ-Margined GHSTUSDT Perpetual Contract with 75x Leverage

Binance Futures is set to launch a GHSTUSDT perpetual contract with up to 75x leverage, expanding trading options for users.

Binance Launches Limited-Time FDUSD Locked Products with 15.9% Fixed APR

Binance Launches Limited-Time FDUSD Locked Products with 15.9% Fixed APR

Binance introduces a limited-time promotion for FDUSD Locked Products, offering a 15.9% fixed APR for eligible users. The promotion runs from September 25 to October 8, 2024.

Immutable (IMX) Partners with GRAMPUS CWC to Enhance Web3 Gaming Ecosystem

Immutable (IMX) Partners with GRAMPUS CWC to Enhance Web3 Gaming Ecosystem

Immutable (IMX) teams up with GRAMPUS CWC to bring innovative Web3 games to the Immutable zkEVM platform, advancing digital ownership in gaming.

EOS Network Successfully Activates Spring 1.0 with Savanna Consensus Algorithm

EOS Network Successfully Activates Spring 1.0 with Savanna Consensus Algorithm

The EOS Network completes its historic hard fork to Spring 1.0, implementing the Savanna consensus algorithm to achieve 1-second transaction finality.

Binance Announces MENASA Promotions: Win 55,000 FDUSD in Rewards

Binance Announces MENASA Promotions: Win 55,000 FDUSD in Rewards

Binance launches exclusive promotions for new Futures users in the MENASA region, offering 55,000 FDUSD in rewards through various trading competitions and tasks.

Binance Futures to Launch WLDUSD COIN-M Perpetual Contract with Up to 20x Leverage

Binance Futures to Launch WLDUSD COIN-M Perpetual Contract with Up to 20x Leverage

Binance Futures will launch the WLDUSD COIN-M Perpetual Contract on October 2, 2024, offering up to 20x leverage, according to Binance.

BitMEX Updates Mark Method for HMSTRUSDTU24 to Fair Price Marking

BitMEX Updates Mark Method for HMSTRUSDTU24 to Fair Price Marking

BitMEX has updated the Mark Method for HMSTRUSDTU24 to Fair Price marking, enhancing index robustness and removing price protections.

Bitcoin: The Progressive's Dream Financial Product

Bitcoin: The Progressive's Dream Financial Product

Pantera Capital outlines why Bitcoin embodies the ideal financial inclusion product, emphasizing its borderless, permissionless, and cost-effective features.

Binance Futures Introduces DIAUSDT Perpetual Contract with 75x Leverage

Binance Futures Introduces DIAUSDT Perpetual Contract with 75x Leverage

Binance Futures expands its offerings with the DIAUSDT Perpetual Contract, providing up to 75x leverage for traders.

Ethereum Developers Discuss Key Updates in Consensus Call #143

Ethereum Developers Discuss Key Updates in Consensus Call #143

Ethereum developers convened on October 3, 2024, for the All Core Developers Consensus Call #143, focusing on updates for Pectra Devnets and PeerDAS, among other topics.

Binance Launches Futures Traders League with 7 Million USDT Prize Pool

Binance Launches Futures Traders League with 7 Million USDT Prize Pool

Binance Futures introduces the Futures Traders League, offering a prize pool of up to 7 million USDT in rewards. The event features Solo and Team Competitions and exclusive VIP merchandise.

NVIDIA Unveils Generative AI-Enabled OpenUSD Pipeline for Cinematic Content Production

NVIDIA Unveils Generative AI-Enabled OpenUSD Pipeline for Cinematic Content Production

NVIDIA introduces a generative AI-enabled OpenUSD pipeline, enhancing the production of cinematic content through automation and scalability, revolutionizing commercial creation.

Circle Provides Guide for Migrating Bridged to Native USDC on Sui Mainnet

Circle Provides Guide for Migrating Bridged to Native USDC on Sui Mainnet

Circle has released a comprehensive guide detailing the migration process from bridged USDC to native USDC on the Sui Mainnet, emphasizing best practices and benefits.

MITRE and Mcity Launch Digital Platform for Autonomous Vehicle Validation

MITRE and Mcity Launch Digital Platform for Autonomous Vehicle Validation

MITRE partners with Mcity to create a digital proving ground for autonomous vehicles, utilizing NVIDIA's Omniverse Cloud Sensor RTX APIs to enhance AV safety testing.

USDC Launches on Sui Mainnet, Boosting DeFi Ecosystem

USDC Launches on Sui Mainnet, Boosting DeFi Ecosystem

USDC, a major stablecoin, is now available on the Sui Mainnet, enhancing liquidity and value transfer within the DeFi ecosystem as Sui's TVL surpasses $1 billion.

Binance Adjusts Tick Size for New ETHUSDT Options Contracts

Binance Adjusts Tick Size for New ETHUSDT Options Contracts

Binance will modify the tick size for new ETHUSDT options contracts to enhance market liquidity and trading experience, effective from October 16, 2024.

AMD Unveils ROCm 6.2.3 Enhancing AI Performance on Radeon GPUs

AMD Unveils ROCm 6.2.3 Enhancing AI Performance on Radeon GPUs

AMD releases ROCm 6.2.3, boosting AI capabilities for Radeon GPUs with enhanced support for Llama 3, Stable Diffusion, and Triton framework, improving AI development efficiency.

Circle Unveils First Recipients of USDC Grant Program

Circle Unveils First Recipients of USDC Grant Program

Circle has announced the initial recipients of its USDC Grant Program, aimed at supporting projects that integrate USDC and leverage Circle's platform capabilities.

Binance Expands Trading Options with New BNSOL/USDT Pair and Trading Bots

Binance Expands Trading Options with New BNSOL/USDT Pair and Trading Bots

Binance introduces the BNSOL/USDT trading pair and trading bots, enhancing its Spot and Margin services. These updates aim to improve user experience and expand trading options.

NVIDIA GPUs Revolutionize Quantum Dynamics Simulations

NVIDIA GPUs Revolutionize Quantum Dynamics Simulations

Researchers utilize NVIDIA GPUs to enhance quantum dynamics simulations, overcoming computational challenges and enabling advancements in quantum computing and material science.

ElevenLabs Enhances Usage Analytics with New Features

ElevenLabs Enhances Usage Analytics with New Features

ElevenLabs introduces new features to its Usage Analytics dashboard, offering CSV exports, billing period alignment, and improved navigation for better monitoring and analysis.

BitMEX Introduces DBRUSDT Perpetual Swap with 50x Leverage

BitMEX Introduces DBRUSDT Perpetual Swap with 50x Leverage

BitMEX has launched DBRUSDT perpetual swaps, allowing traders to leverage up to 50x on the deBridge token, now live for trading.

Google Enhances NotebookLM with Custom Audio Overviews and Business Version

Google Enhances NotebookLM with Custom Audio Overviews and Business Version

Google introduces customizable audio overviews and unveils NotebookLM Business, a new version for organizations, enhancing privacy and feature set as part of Google Workspace.

Digital Twins Revolutionize Sustainable Manufacturing for Efficiency Gains

Digital Twins Revolutionize Sustainable Manufacturing for Efficiency Gains

Siemens and NVIDIA leverage digital twins to enhance sustainable manufacturing, reducing emissions and optimizing processes through advanced simulations and real-time data integration.

Gala Music Unveils $MUSIC Rewards in Halloween Mystery Boxes

Gala Music Unveils $MUSIC Rewards in Halloween Mystery Boxes

Gala Music introduces Halloween 'Trick or Treat' Mystery Boxes offering $MUSIC rewards or exclusive NFTs. Each purchase supports $GALA by burning tokens, priced at $19.99.

Gala Music Introduces $MUSIC Sessions to Enhance Community Engagement

Gala Music Introduces $MUSIC Sessions to Enhance Community Engagement

Gala Music launches $MUSIC Sessions, a bi-weekly interactive series starting October 23, 2024, to connect artists and fans in the web3 music ecosystem.

BitMEX Launches EIGENUSDT Perpetual Swap with Up to 50x Leverage

BitMEX Launches EIGENUSDT Perpetual Swap with Up to 50x Leverage

BitMEX introduces EIGENUSDT perpetual swaps, offering traders the ability to long or short EIGEN with up to 50x leverage, starting 2 October 2024.

Cronos (CRO) Labs Launches Yield Rewards for vETH and vUSD on zkEVM Network

Cronos (CRO) Labs Launches Yield Rewards for vETH and vUSD on zkEVM Network

Cronos (CRO) Labs has activated yield rewards for vETH and vUSD tokens on its zkEVM network, allowing users to claim accumulated rewards regularly.

$MUSIC Tokenomics Revamp: Gala Music Introduces New Ecosystem Changes

$MUSIC Tokenomics Revamp: Gala Music Introduces New Ecosystem Changes

Gala Music announces updates to $MUSIC tokenomics, introducing dynamic emissions, standardized node rewards, and removal of track rarities to enhance transparency and sustainability.

Why Speech AI Should Be a Priority for Your 2025 Business Strategy

Why Speech AI Should Be a Priority for Your 2025 Business Strategy

Speech AI is revolutionizing industries by transforming how businesses interact with customers and process information. Discover why incorporating it into your roadmap is essential for staying competitive.

NVIDIA's AI and RTX GPUs Revolutionize Reality Capture

NVIDIA's AI and RTX GPUs Revolutionize Reality Capture

NVIDIA leverages AI and RTX GPUs to enhance reality capture technologies like NeRFs and Gaussian splatting, improving 3D modeling and visualization processes.

Binance to Convert Delisted Tokens to USDC: Impact on VAI, TORN, OMG, and More

Binance to Convert Delisted Tokens to USDC: Impact on VAI, TORN, OMG, and More

Binance announces conversion of delisted tokens to USDC, impacting tokens like VAI, TORN, and OMG. Withdrawals available until October 28, 2024.

Binance Offers 15.9% APR on FDUSD Locked Products Amid High Demand

Binance Offers 15.9% APR on FDUSD Locked Products Amid High Demand

Binance launches a promotional offer for FDUSD Locked Products, promising a fixed 15.9% APR during a limited subscription period from October 9 to October 22, 2024.

Circle Launches Native USDC on Sui Blockchain

Circle Launches Native USDC on Sui Blockchain

Circle has introduced native USDC on the Sui blockchain, enabling seamless access to USDC liquidity without bridging. This development supports Sui's expanding ecosystem of over 85 applications.

Llama 3.1 405B Achieves 1.5x Throughput Boost with NVIDIA H200 GPUs and NVLink

Llama 3.1 405B Achieves 1.5x Throughput Boost with NVIDIA H200 GPUs and NVLink

NVIDIA's latest advancements in parallelism techniques enhance Llama 3.1 405B throughput by 1.5x, using NVIDIA H200 Tensor Core GPUs and NVLink Switch, improving AI inference performance.

California's New Law Sparks Debate on Digital Ownership in Gaming

California's New Law Sparks Debate on Digital Ownership in Gaming

California's AB 2426 law mandates consumer warnings about revocable digital game ownership, highlighting the need for genuine digital asset control and the potential of Web3 solutions.

NVIDIA AI Summit Highlights Safety in Autonomous Driving Technology

NVIDIA AI Summit Highlights Safety in Autonomous Driving Technology

Experts at the NVIDIA AI Summit in Washington D.C. discussed the safety standards and technological innovations shaping the future of autonomous vehicles.

NVIDIA Modulus Revolutionizes CFD Simulations with Machine Learning

NVIDIA Modulus Revolutionizes CFD Simulations with Machine Learning

NVIDIA Modulus is transforming computational fluid dynamics by integrating machine learning, offering significant computational efficiency and accuracy enhancements for complex fluid simulations.

BitMEX Launches Trading Bot Challenge with 22,000 USDT Prize Pool

BitMEX Launches Trading Bot Challenge with 22,000 USDT Prize Pool

BitMEX introduces a Trading Bot Challenge offering a 22,000 USDT prize pool. Participants can track progress via the Missions dashboard, enhancing trading strategies.

Binance Adjusts Leverage and Margin Tiers for REEF/USDT Perpetual Contracts

Binance Adjusts Leverage and Margin Tiers for REEF/USDT Perpetual Contracts

Binance Futures announces changes to leverage, margin tiers, and funding rate frequency for USDⓈ-M REEFUSDT perpetual contracts, effective from October 16, 2024.

USDT Adoption Surges: Over 330 Million On-Chain Wallets Reported

USDT Adoption Surges: Over 330 Million On-Chain Wallets Reported

The adoption of Tether's USDT has reached over 330 million on-chain wallets by Q3 2024, showcasing its global impact as a digital asset, according to Tether.io.

Estimating Real Crypto Users: A Comprehensive Analysis

Estimating Real Crypto Users: A Comprehensive Analysis

a16z crypto estimates 30-60 million real monthly crypto users, highlighting the gap between active users and crypto owners. Explore methodologies and industry insights.

Digital Asset Inflows Reach $2.2 Billion Amid US Election Optimism

Digital Asset Inflows Reach $2.2 Billion Amid US Election Optimism

Digital asset inflows surge to $2.2 billion, driven by optimism over a potential Republican US election win, with Bitcoin leading the charge.

Binance Finalizes Conversion of Select Token Balances to USDC

Binance Finalizes Conversion of Select Token Balances to USDC

Binance has completed the conversion of several token balances to USDC, affecting users' holdings based on a snapshot taken in April 2024.

BitMEX Announces SCRUSDT Perpetual Swap with 50x Leverage

BitMEX Announces SCRUSDT Perpetual Swap with 50x Leverage

BitMEX introduces SCRUSDT perpetual swaps for trading with up to 50x leverage, enhancing trading opportunities for SCR token enthusiasts.

HKMA Warns Against Fraudulent Websites Targeting Bank Julius Baer Clients

HKMA Warns Against Fraudulent Websites Targeting Bank Julius Baer Clients

The Hong Kong Monetary Authority alerts the public about fraudulent websites and phishing messages impersonating Bank Julius Baer, urging caution and reporting of suspicious activities.

Adam Price to Address Future of Decentralization at LF Trust Summit

Adam Price to Address Future of Decentralization at LF Trust Summit

Adam Price to discuss GalaChain's decentralization efforts at the LF Decentralized Trust Member Summit, highlighting innovations within Hyperledger Fabric. The event is exclusive to Linux Foundation members.

Binance Launches FDUSD Locked Products with 16.2% Fixed APR

Binance Launches FDUSD Locked Products with 16.2% Fixed APR

Binance introduces FDUSD Fixed Rate Locked Products offering a 16.2% APR. The promotion runs from October 23 to November 5, 2024, on a first-come, first-served basis.

NVIDIA Embraces Federated Learning for Cross-Border Autonomous Vehicle Training

NVIDIA Embraces Federated Learning for Cross-Border Autonomous Vehicle Training

NVIDIA's federated learning platform enhances autonomous vehicle training by leveraging diverse global data while adhering to privacy regulations. Discover the impact on AV development.

Binance Launches USDT Simple Earn Promotion for MENA & South Asia New Users

Binance Launches USDT Simple Earn Promotion for MENA & South Asia New Users

Binance introduces a limited-time offer for new users in MENA & South Asia, providing 15% APR on USDT Simple Earn Locked Products for 30 days.

Streamlining Sensor Calibration with MSA Calibration Anywhere for NVIDIA Isaac Perceptor

Streamlining Sensor Calibration with MSA Calibration Anywhere for NVIDIA Isaac Perceptor

Discover how MSA Calibration Anywhere simplifies sensor calibration for NVIDIA Isaac Perceptor, enhancing robotics and autonomous vehicle applications with efficient, scalable solutions.

Binance Academy Offers $12,000 USDC in Rewards for Completing Beginner Track

Binance Academy Offers $12,000 USDC in Rewards for Completing Beginner Track

Binance Academy launches a new initiative rewarding verified users who complete its beginner track courses with a share of $12,000 USDC in token vouchers and NFT certificates.

Character.AI Enhances Safety Measures with New Features for User Protection

Character.AI Enhances Safety Measures with New Features for User Protection

Character.AI introduces new safety measures, including features for minors and proactive character moderation, to enhance user security and maintain an engaging platform experience.

Binance Integrates USDC on zkSync Era Network, Enables Transactions

Binance Integrates USDC on zkSync Era Network, Enables Transactions

Binance has successfully integrated USDC on the zkSync Era network, allowing users to deposit and withdraw the stablecoin, according to Binance's recent announcement.

NVIDIA's PVA Engine Enhances Efficiency in Autonomous Vehicle Development

NVIDIA's PVA Engine Enhances Efficiency in Autonomous Vehicle Development

NVIDIA's PVA Engine offers significant improvements in energy efficiency and performance for autonomous vehicle development, optimizing CV pipelines by offloading tasks from GPUs.

GitHub's 2024 Initiatives for Diversity and Inclusion Highlight Global Impact

GitHub's 2024 Initiatives for Diversity and Inclusion Highlight Global Impact

GitHub emphasizes diversity and inclusion in 2024, focusing on ethical AI, open source education in Africa, and workforce diversity, according to The GitHub Blog.

Leveraging NVIDIA NIM Agent Blueprint for AI Virtual Assistants in Customer Service

Leveraging NVIDIA NIM Agent Blueprint for AI Virtual Assistants in Customer Service

Explore how NVIDIA's NIM Agent Blueprint is transforming AI virtual assistants in customer service, enhancing efficiency, accuracy, and personalization across industries.

BitMEX Updates Mark Method for SCRUSDTH25 to Fair Price

BitMEX Updates Mark Method for SCRUSDTH25 to Fair Price

BitMEX has switched the Mark Method for SCRUSDTH25 to Fair Price marking, utilizing a new index based on spot prices from Binance, Kucoin, and Bitget.

Zoom Embraces AI to Revolutionize Business Communication and Productivity

Zoom Embraces AI to Revolutionize Business Communication and Productivity

Zoom is transforming into an AI-first platform to enhance productivity and collaboration, leveraging AI companions and a federated AI strategy, according to NVIDIA Blog.

AWS and NVIDIA Enhance High-Performance Computing for Energy Sector

AWS and NVIDIA Enhance High-Performance Computing for Energy Sector

AWS and NVIDIA are driving digital transformation in the energy sector by integrating the AWS Energy HPC Orchestrator with NVIDIA Energy Samples to meet increasing computational demands.

EOS Network Unveils Spring 1.0 and Savanna: A Leap in Blockchain Consensus

EOS Network Unveils Spring 1.0 and Savanna: A Leap in Blockchain Consensus

The EOS Network Foundation has introduced Spring 1.0 and the Savanna consensus algorithm, promising advancements in finality, scalability, and security for the EOS blockchain.

USDT, USDC, and FDUSD: A Comparative Analysis of Leading Stablecoins

USDT, USDC, and FDUSD: A Comparative Analysis of Leading Stablecoins

Explore the key differences and similarities between USDT, USDC, and FDUSD stablecoins, their market impact, and why BNB Chain is the ideal platform for these digital assets.

BitMEX Launches GRASSUSDT Perpetual Swap with 50x Leverage

BitMEX Launches GRASSUSDT Perpetual Swap with 50x Leverage

BitMEX has introduced a new perpetual swap listing for GRASSUSDT, offering traders the option to leverage up to 50 times. This move enhances trading possibilities on the platform.

Bitfinex Enables Tether (USDt) Transactions on Aptos Blockchain

Bitfinex Enables Tether (USDt) Transactions on Aptos Blockchain

Bitfinex announces the integration of Tether (USDt) deposits and withdrawals on the Aptos blockchain, enhancing transaction speed and reducing costs for users.

Bitcoin (BTC) Volatility Surges Amid US Election Uncertainty and Trump Trade Narrative

Bitcoin (BTC) Volatility Surges Amid US Election Uncertainty and Trump Trade Narrative

Bitcoin experiences heightened volatility due to geopolitical factors and the US election. Market anticipation fuels options activity, with potential post-election price surges.

BitMEX Launches Political Prediction Markets with 5,000 USDT Prize Pool

BitMEX Launches Political Prediction Markets with 5,000 USDT Prize Pool

BitMEX introduces prediction markets for the US presidential election, offering a 5,000 USDT prize pool for traders betting on Trump or Harris.

Binance Launches Futures Present Promotion with 12,000 USDT Rewards

Binance Launches Futures Present Promotion with 12,000 USDT Rewards

Binance introduces the Futures Present Promotion, allowing users to share Futures positions and earn from a 12,000 USDT reward pool. The promotion runs from October 30 to November 12, 2024.

AI-Driven Drug Discovery Revolutionizes Treatment Development

AI-Driven Drug Discovery Revolutionizes Treatment Development

AI's integration into drug discovery is transforming the development of treatments, reducing time and cost significantly, according to NVIDIA's blog.

Paxos Launches USDG Stablecoin with Regulatory Compliance

Paxos Launches USDG Stablecoin with Regulatory Compliance

Paxos introduces USDG, a US dollar-backed stablecoin, compliant with Singapore's MAS framework. Partnering with DBS Bank for secure reserve management, USDG aims to enhance global stablecoin adoption.

Binance to List Cow Protocol (COW) and Cetus Protocol (CETUS) with Seed Tag

Binance to List Cow Protocol (COW) and Cetus Protocol (CETUS) with Seed Tag

Binance will list Cow Protocol (COW) and Cetus Protocol (CETUS) on November 6, 2024, applying a Seed Tag for high volatility and risk awareness.

Galbot Advances Humanoid Robotics with Extensive DexGraspNet Dataset Using NVIDIA Isaac Sim

Galbot Advances Humanoid Robotics with Extensive DexGraspNet Dataset Using NVIDIA Isaac Sim

Galbot has developed DexGraspNet, a comprehensive dataset for robotic dexterous grasping using NVIDIA Isaac Sim, enhancing humanoid robots' ability to manipulate objects efficiently.

Bitcoin (BTC) Surpasses $75K Amid US Election Influence

Bitcoin (BTC) Surpasses $75K Amid US Election Influence

Bitcoin reaches a new all-time high of $75.4K, driven by US election dynamics. Market volatility surges as investors hedge positions in anticipation of further price movements.

AI Integration: Businesses Embrace Rapid Technological Advancements

AI Integration: Businesses Embrace Rapid Technological Advancements

Explore the fast-paced integration of AI across industries as businesses leverage advanced technologies to improve operations and customer experiences, according to AssemblyAI's 2024 Insights Report.

Campbell Watson Utilizes AI in Earth Science Research

Campbell Watson Utilizes AI in Earth Science Research

Campbell Watson, an IBM Research scientist, is leveraging AI to improve understanding of climate and environmental changes. His work with geospatial models aids in addressing global sustainability issues.

Binance Offers Up to 50% Yield Boost on USDC with Fixed Rate Loans

Binance Offers Up to 50% Yield Boost on USDC with Fixed Rate Loans

Binance introduces a promotional offer for Fixed Rate Loans, giving suppliers up to a 50% yield boost in USDC during the promotion period from November 12 to November 30, 2024.

Paxos Introduces USDG and Global Dollar Network for Stablecoin Advancement

Paxos Introduces USDG and Global Dollar Network for Stablecoin Advancement

Paxos unveils USDG, a US dollar-backed stablecoin, alongside the Global Dollar Network to boost stablecoin adoption globally, according to Paxos.

Binance Futures Launches Memecoin Carnival with 17,600 USDT in Prizes

Binance Futures Launches Memecoin Carnival with 17,600 USDT in Prizes

Binance Futures introduces the Memecoin Carnival, offering a 17,600 USDT prize pool for eligible traders. Participants can trade DOGEUSDT and other designated memecoin contracts to win rewards.

Binance Offers Up to 2,500 USDC and 30% APR Boost for Dual Investment Subscribers

Binance Offers Up to 2,500 USDC and 30% APR Boost for Dual Investment Subscribers

Binance introduces a promotional offer with up to 2,500 USDC rewards and a 30% APR boost for new Dual Investment subscribers until December 1, 2024.

NVIDIA ALCHEMI NIM: Revolutionizing Sustainable Material Discovery

NVIDIA ALCHEMI NIM: Revolutionizing Sustainable Material Discovery

NVIDIA unveils ALCHEMI NIM microservice to enhance sustainable material discovery, accelerating renewable energy solutions such as EV batteries and solar panels.

Analyzing Natural Resources: Inflation, Productivity, and Industry Trends

Analyzing Natural Resources: Inflation, Productivity, and Industry Trends

Explore insights on natural resources, focusing on macroeconomic forces like inflation and productivity, alongside supply-demand fundamentals and resource transition trends.

Binance Futures Introduces TROYUSDT Perpetual Contract with Up to 75x Leverage

Binance Futures Introduces TROYUSDT Perpetual Contract with Up to 75x Leverage

Binance Futures is set to launch the TROYUSDT Perpetual Contract, offering up to 75x leverage, expanding trading options for users.

Tether (USDT) Reports $7.7 Billion Profits and Record U.S. Treasury Holdings in Q3 2024

Tether (USDT) Reports $7.7 Billion Profits and Record U.S. Treasury Holdings in Q3 2024

Tether's Q3 2024 report reveals $7.7 billion nine-month profits, $102.5 billion U.S. Treasury holdings, and a $6 billion reserve buffer, highlighting its financial strength.

Sortition in Modern Governance: Tech Giants Explore Lottery-Based Decision Making

Sortition in Modern Governance: Tech Giants Explore Lottery-Based Decision Making

Explore the revival of 'sortition,' an ancient practice of governance by lottery, now gaining interest among tech and AI companies like Meta, OpenAI, and Anthropic.

Binance Futures to Launch PONKEUSDT Perpetual Contract with 75x Leverage

Binance Futures to Launch PONKEUSDT Perpetual Contract with 75x Leverage

Binance Futures is set to introduce the PONKEUSDT perpetual contract, offering up to 75x leverage, to enhance trading options starting November 4, 2024.

Bitcoin (BTC) Faces Volatility Amid U.S. Election Uncertainty

Bitcoin (BTC) Faces Volatility Amid U.S. Election Uncertainty

Bitcoin's recent rally meets resistance amidst U.S. election uncertainty, while altcoins face challenges. Market dynamics are influenced by economic resilience and evolving crypto regulations.

Global Dollar Network Launched to Boost Stablecoin Adoption

Global Dollar Network Launched to Boost Stablecoin Adoption

Anchorage Digital, Bullish, Galaxy Digital, and more launch Global Dollar Network to enhance stablecoin usage globally, featuring the new stablecoin USDG.

Binance Introduces Interest-Free Loans for USDT, FDUSD, and USDC

Binance Introduces Interest-Free Loans for USDT, FDUSD, and USDC

Binance launches a promotion offering up to 7 days of interest-free loans for users borrowing USDT, FDUSD, or USDC through team formation.

Binance Launches Attractive APR Offers on FDUSD and EURI Products

Binance Launches Attractive APR Offers on FDUSD and EURI Products

Binance introduces new APR rewards, offering 16.2% for FDUSD locked products and 7% for EURI flexible products during a limited promotion period.

Binance Introduces SOLUSDT Options for Enhanced Trading

Binance Introduces SOLUSDT Options for Enhanced Trading

Binance is set to launch SOLUSDT Daily and Weekly Options on November 12, 2024, offering new trading opportunities for users. These European-style options provide advanced trading strategies.

HKMA Partners with Global Institutions for Climate Investment in Asia

HKMA Partners with Global Institutions for Climate Investment in Asia

The Hong Kong Monetary Authority (HKMA) collaborates with multilateral organizations to enhance climate investment strategies in Asia, aiming for sustainable growth and reduced emissions.

PayPal USD (PYUSD) Embraces Multichain Interoperability via Wormhole

PayPal USD (PYUSD) Embraces Multichain Interoperability via Wormhole

PayPal USD (PYUSD) will now support native cross-chain transfers between Ethereum and Solana through Wormhole, enhancing stablecoin transactions without token wrapping.

BitMEX Lowers Margin Requirements for DOGEUSD and DOGEUSDT Contracts

BitMEX Lowers Margin Requirements for DOGEUSD and DOGEUSDT Contracts

BitMEX has announced a reduction in the Base Initial Margin and Base Maintenance Margin for DOGEUSD and DOGEUSDT contracts, effective from November 12, 2024.

Binance Launches Memecoin Battle with $200K USDC Prize Pool

Binance Launches Memecoin Battle with $200K USDC Prize Pool

Binance announces a Memecoin competition involving BabyDoge, Dogecoin, DOGS, FLOKI, and NEIRO, offering $200,000 USDC in rewards. Participants can join teams, complete tasks, and compete for the 'Top Dog' title.

PayPal USD (PYUSD) Expands to Solana via Wormhole Integration

PayPal USD (PYUSD) Expands to Solana via Wormhole Integration

PayPal USD (PYUSD) will now facilitate cross-chain transfers between Ethereum and Solana through Wormhole, enhancing stablecoin transactions and interoperability.

NVIDIA's 2025 AI Predictions: Transformative Technologies Across Industries

NVIDIA's 2025 AI Predictions: Transformative Technologies Across Industries

NVIDIA experts foresee AI advancements reshaping industries such as healthcare, finance, and entertainment by 2025, leveraging technologies like agentic AI and digital twins.

Binance P2P Offers Cash Merchant Challenge with 7000 USDT Prize Pool

Binance P2P Offers Cash Merchant Challenge with 7000 USDT Prize Pool

Binance P2P introduces a cash merchant challenge, offering a total prize pool of 7000 USDT for eligible participants. The event runs from November 14, 2024, to January 31, 2025.

Binance Launches Usual (USUAL) on Launchpool, Pre-Market Trading to Follow

Binance Launches Usual (USUAL) on Launchpool, Pre-Market Trading to Follow

Binance introduces Usual (USUAL), a decentralized fiat stablecoin issuer, on its Launchpool. Pre-market trading begins on November 19, 2024. Discover more about the token supply and farming details.

Hex Trust Enhances Custody and Trading Services for Injective (INJ)

Hex Trust Enhances Custody and Trading Services for Injective (INJ)

Hex Trust expands its custody, staking, and trading services to the Injective (INJ)ecosystem, strengthening its role as a validator and supporting institutional investors.

Accelerating Causal Inference with NVIDIA RAPIDS and cuML

Accelerating Causal Inference with NVIDIA RAPIDS and cuML

Discover how NVIDIA RAPIDS and cuML enhance causal inference by leveraging GPU acceleration for large datasets, offering significant speed improvements over traditional CPU-based methods.

Binance P2P Africa Promotion Offers 200 USDT Rewards for BTC Price Predictions

Binance P2P Africa Promotion Offers 200 USDT Rewards for BTC Price Predictions

Binance launches a promotion for P2P users in Africa, offering up to 200 USDT in rewards for accurate BTC price predictions and completing P2P purchases.

Binance Futures Introduces DEGENUSDT Perpetual Contract with 75x Leverage

Binance Futures Introduces DEGENUSDT Perpetual Contract with 75x Leverage

Binance Futures is set to launch the DEGENUSDT perpetual contract offering up to 75x leverage, expanding trading options for users. The contract will be available from November 15, 2024.

Binance Margin Expands with New USDC Trading Pairs

Binance Margin Expands with New USDC Trading Pairs

Binance Margin introduces new USDC trading pairs on Cross and Isolated Margin, enhancing portfolio diversification and trading strategy flexibility for users, according to Binance.

Binance MENASA Promotion Offers 15,000 USDT in New Year Rewards

Binance MENASA Promotion Offers 15,000 USDT in New Year Rewards

Binance launches a MENASA-exclusive promotion, distributing 15,000 USDT in token vouchers to users in select regions during the New Year period.

Dun & Bradstreet Utilizes LangChain for Advanced AI Insights

Dun & Bradstreet Utilizes LangChain for Advanced AI Insights

Dun & Bradstreet employs LangChain and LangSmith to enhance its AI assistant, ChatD&B, offering trusted, data-driven insights for global clients in various business domains.

Binance Introduces High-Yield Simple Earn Products with FDUSD and EURI

Binance Introduces High-Yield Simple Earn Products with FDUSD and EURI

Binance announces new Simple Earn products offering up to 16.2% APR with FDUSD and 7% APR with EURI, providing users with attractive yield opportunities.

NVIDIA Omniverse Enhances 3D Visual Marketing with Generative AI

NVIDIA Omniverse Enhances 3D Visual Marketing with Generative AI

NVIDIA Omniverse uses generative AI and OpenUSD to create personalized, brand-accurate 3D visuals, revolutionizing marketing content creation across industries like retail and automotive.

Revolutionizing Customer Service: AI Agents Enhance Efficiency and Personalization

Revolutionizing Customer Service: AI Agents Enhance Efficiency and Personalization

Discover how AI agents are transforming customer service by automating routine tasks, allowing human agents to focus on complex issues, and boosting customer satisfaction.

AVEVA and NVIDIA Propel Industrial Automation with AI-Driven Solutions

AVEVA and NVIDIA Propel Industrial Automation with AI-Driven Solutions

AVEVA and NVIDIA leverage AI to revolutionize industrial automation, enhancing efficiency and safety in the energy, power, and chemicals sectors through dynamic simulation and deep reinforcement learning.

Binance Launches Zero-Fee Campaign with 4,000 USDC Prize Pool

Binance Launches Zero-Fee Campaign with 4,000 USDC Prize Pool

Binance introduces a zero-fee campaign for eligible users, offering a chance to share a 4,000 USDC prize pool. Learn about the promotion details and terms.

Amuse 2.2 Beta Released with Stable Diffusion 3.5 and AMD AI Enhancements

Amuse 2.2 Beta Released with Stable Diffusion 3.5 and AMD AI Enhancements

AMD announces Amuse 2.2 Beta with support for Stable Diffusion 3.5, enhancing image quality for Ryzen AI processors and Radeon graphics.

Binance Launches BFUSD with Zero Fees and 100,000 USDT in Rewards

Binance Launches BFUSD with Zero Fees and 100,000 USDT in Rewards

Binance introduces BFUSD, a reward-bearing margin asset, offering zero purchase fees and a share of 100,000 USDT in rewards for Futures traders.

Zordi Leverages AI and Robotics to Revolutionize Strawberry Cultivation

Zordi Leverages AI and Robotics to Revolutionize Strawberry Cultivation

Zordi integrates AI and robotics to enhance strawberry farming, aiming for sustainability and efficiency. The startup collaborates with NVIDIA for advanced automation.

BitMEX Implements Fair Price Marking for HSKUSDTX24

BitMEX Implements Fair Price Marking for HSKUSDTX24

BitMEX has transitioned the Mark Method for HSKUSDTX24 to Fair Price marking, enhancing price precision by using a robust index from Gate.io, Kucoin, and MEXC.

Cleric Enhances AI SRE Capabilities with LangSmith's Continuous Learning

Cleric Enhances AI SRE Capabilities with LangSmith's Continuous Learning

Cleric, an AI SRE tool, leverages LangSmith's tracing and feedback capabilities to improve debugging efficiency and generalize insights across deployments.

Binance Futures Adjusts BFUSD Holding Limits for VIP Users

Binance Futures Adjusts BFUSD Holding Limits for VIP Users

Binance Futures announces an increase in BFUSD maximum holding limits for VIP 0 to 9 users, effective December 3, 2024. Changes affect individual accounts and require compliance with updated trading rules.

Binance Launches New Simple Earn Offers with Up to 16.2% APR

Binance Launches New Simple Earn Offers with Up to 16.2% APR

Binance introduces new Simple Earn promotions, offering up to 16.2% APR on FDUSD Fixed Rate Locked Products and 7% on EURI Flexible Products. The promotion runs from Dec 4 to Dec 17, 2024.

Hong Kong and Switzerland Strengthen Financial Ties in Seventh Dialogue

Hong Kong and Switzerland Strengthen Financial Ties in Seventh Dialogue

The Hong Kong-Switzerland Financial Dialogue focused on enhancing collaboration in financial services, addressing global financial challenges, and exploring opportunities in sustainable finance and Fintech.

NCA Targets Russian Money Laundering Networks in Major Operation

NCA Targets Russian Money Laundering Networks in Major Operation

The UK’s National Crime Agency disrupts a major Russian money laundering network, leading to 84 arrests and the seizure of over 20 million Euros in cash and cryptocurrency.

NVIDIA's OpenUSD Simulation Propels Robotics Advancements

NVIDIA's OpenUSD Simulation Propels Robotics Advancements

NVIDIA's OpenUSD-based simulation tools like Isaac Sim are revolutionizing robotics by enhancing AI model training and performance, facilitating cost-effective and scalable development.

Vay Revolutionizes Remote Driving with NVIDIA DRIVE AGX Technology

Vay Revolutionizes Remote Driving with NVIDIA DRIVE AGX Technology

Berlin-based Vay introduces a novel remote driving solution using NVIDIA DRIVE AGX, advancing mobility with real-time teledriving technology and AI capabilities.

BitMEX Launches VELOUSDT Perpetual Swap with 50x Leverage

BitMEX Launches VELOUSDT Perpetual Swap with 50x Leverage

BitMEX has announced the launch of VELOUSDT perpetual swap, offering traders up to 50x leverage. The listing went live on December 16, 2024, enhancing trading options on the platform.

Sui Bridge Adopts CCTP to Enhance USDC Transfers Across Chains

Sui Bridge Adopts CCTP to Enhance USDC Transfers Across Chains

Sui Bridge integrates Circle's Cross-Chain Transfer Protocol (CCTP) enabling seamless USDC transfers between Sui and eight other blockchains, enhancing interoperability and efficiency.

Wormhole Enhances Cross-Chain USDC Transfers with Circle's Protocol

Wormhole Enhances Cross-Chain USDC Transfers with Circle's Protocol

Wormhole extends support for Circle's Cross-Chain Transfer Protocol, enabling seamless USDC transfers across major blockchains with enhanced liquidity and developer integration.

BitMEX to Launch USUALUSDT Perpetual Swap with 50x Leverage

BitMEX to Launch USUALUSDT Perpetual Swap with 50x Leverage

BitMEX announces the upcoming listing of USUALUSDT perpetual swaps, offering traders up to 50x leverage. The new trading pair will be available on December 19, 2024.

Binance Introduces New Trading Pairs and Trading Bots Services

Binance Introduces New Trading Pairs and Trading Bots Services

Binance announces the launch of new trading pairs and trading bots services to enhance user experience, effective November 22, 2024. The update includes zero fees for FDUSD/USDC pair.

Navigating AI Integration: Build In-House, Use Open Source, or Partner with Providers?

Navigating AI Integration: Build In-House, Use Open Source, or Partner with Providers?

Industry leaders weigh the pros and cons of AI integration strategies, exploring in-house development, open-source tools, and AI provider partnerships according to insights from AssemblyAI.

BitMEX Launches CHILLGUYUSDT Perpetual Swap with 50x Leverage

BitMEX Launches CHILLGUYUSDT Perpetual Swap with 50x Leverage

BitMEX has introduced a new perpetual swap listing for CHILLGUYUSDT, offering traders the opportunity to leverage up to 50x on this TikTok-inspired memecoin.

Frosty Enhances Liveness Guarantees in Avalanche's Snow Protocols

Frosty Enhances Liveness Guarantees in Avalanche's Snow Protocols

The Frosty protocol, developed by a16z crypto and Ava Labs, introduces robust liveness guarantees to the Avalanche blockchain's Snow family, addressing challenges posed by Byzantine adversaries.

Binance to Introduce BNBUSDT and SOLUSDT Monthly Options

Binance to Introduce BNBUSDT and SOLUSDT Monthly Options

Binance is set to launch BNBUSDT and SOLUSDT monthly options on November 26, 2024, expanding its European-style options offerings.

BitMEX Adjusts Margin Requirements for XRPUSD and XRPUSDT Contracts

BitMEX Adjusts Margin Requirements for XRPUSD and XRPUSDT Contracts

BitMEX announced reductions in the Base Initial and Maintenance Margins for XRPUSD and XRPUSDT contracts, effective December 2, 2024, impacting new and existing positions.

MetaMask Card Launches Holiday Challenge with Exciting Rewards

MetaMask Card Launches Holiday Challenge with Exciting Rewards

MetaMask and Linea introduce a #CryptoHolidayChallenge, offering users in Europe, the UK, and Switzerland a chance to win USDC rewards by showcasing their MetaMask Card usage this holiday season.

Ambrus Enhances Sui Ecosystem with E4C: Ludus Platform

Ambrus Enhances Sui Ecosystem with E4C: Ludus Platform

Ambrus Studio teams up with Mysten Labs to launch E4C: Ludus on Sui, offering game developers a cross-platform publishing solution, integrating dynamic NFTs and zkLogin.

Binance Expands Trading Options with New Pairs and Bots Services

Binance Expands Trading Options with New Pairs and Bots Services

Binance announces the addition of new trading pairs and trading bots services on its platform, enhancing user experience and expanding trading options.

AMD Unveils Nitro Diffusion Models for Enhanced AI Image Generation

AMD Unveils Nitro Diffusion Models for Enhanced AI Image Generation

AMD introduces Nitro Diffusion models, showcasing advanced AI image generation capabilities with high efficiency. The models leverage AMD Instinct MI250 accelerators for training and edge deployment.

USDT Adoption Surges: Over 330 Million On-Chain Wallets by Q3 2024

USDT Adoption Surges: Over 330 Million On-Chain Wallets by Q3 2024

USDT's widespread adoption is evident with 330 million on-chain wallets by Q3 2024, highlighting its role as a key player in the digital asset landscape, especially in emerging markets.

BitMEX to Introduce MOVEUSDT Perpetual Swap with 50x Leverage

BitMEX to Introduce MOVEUSDT Perpetual Swap with 50x Leverage

BitMEX is set to launch MOVEUSDT perpetual swaps, offering up to 50x leverage. This new feature allows users to long or short MOVE, the native token of Movement.

BitMEX Launches MOVEUSDT Perpetual Swap with Up to 50x Leverage

BitMEX Launches MOVEUSDT Perpetual Swap with Up to 50x Leverage

BitMEX introduces the MOVEUSDT perpetual swap, allowing traders to long or short MOVE with up to 50x leverage starting December 10, 2024.

BitMEX Launches MEUSDT Perpetual Swaps with Up to 50x Leverage

BitMEX Launches MEUSDT Perpetual Swaps with Up to 50x Leverage

BitMEX has introduced the MEUSDT perpetual swap, allowing users to trade the Magic Eden token with leverage up to 50x. The listing started on December 11, 2024.

BitMEX to Launch MEUSDT Perpetual Swap with 50x Leverage

BitMEX to Launch MEUSDT Perpetual Swap with 50x Leverage

BitMEX announces the upcoming launch of MEUSDT perpetual swaps, allowing traders to leverage up to 50x on the Magic Eden token starting December 11, 2024.

Immutable (IMX) Surpasses Past Achievements with Record Game Signings in 2024

Immutable (IMX) Surpasses Past Achievements with Record Game Signings in 2024

Immutable (IMX) has signed more games in 2024 than all previous years combined, solidifying its leadership in web3 gaming with over 250 new titles onboarded.

Exploring the Business Potential of Speech-to-Text Technology

Exploring the Business Potential of Speech-to-Text Technology

Discover how AI-driven speech-to-text solutions are transforming industries, enhancing efficiency, and driving business growth through innovative applications across various sectors.

BitMEX to Launch VELOUSDT Perpetual Swaps with 50x Leverage

BitMEX to Launch VELOUSDT Perpetual Swaps with 50x Leverage

BitMEX announces the launch of VELOUSDT perpetual swaps, offering traders up to 50x leverage. The new listing will be available from December 16, 2024.

BitMEX to Launch PENGUUSDT Perpetual Swaps with 50x Leverage

BitMEX to Launch PENGUUSDT Perpetual Swaps with 50x Leverage

BitMEX announces the listing of PENGUUSDT perpetual swaps, offering traders up to 50x leverage. The new listing will be available starting December 18, 2024.

Digital Avatars Revolutionize Customer Service with AI-Driven Interactivity

Digital Avatars Revolutionize Customer Service with AI-Driven Interactivity

AI-powered digital avatars are enhancing customer service by providing multilingual, personalized support across industries, according to NVIDIA. Discover how these technologies are transforming operations and improving user experiences.

BitMEX Launches USUALUSDT Perpetual Swap with 50X Leverage

BitMEX Launches USUALUSDT Perpetual Swap with 50X Leverage

BitMEX has introduced a new USUALUSDT perpetual swap, allowing traders to leverage up to 50 times. The listing is now live for trading.

First Crypto-Native Bank to be Launched in the United States by Former Wall Street Executive

First Crypto-Native Bank to be Launched in the United States by Former Wall Street Executive

Former Wall Street executive and blockchain laws advocate Caitlin Long has seized the opportunity to establish the first crypto-native bank in the United States. This opportunity came as an advantage as the Wyoming legislature has been progressive, and Long previously helped Wyoming to enact thirteen blockchain-enabling laws.

FTX.US Has Opened a New Headquarters in Chicago

FTX.US Has Opened a New Headquarters in Chicago

FTX US has opened its headquarters in Chicago as it seeks to strengthen its business and solidify its base with United States regulators.

Binance.US Could Be in Violation of Securities Law

Binance.US Could Be in Violation of Securities Law

SEC opposes Binance. US acquisition of nearly $1 billion in Voyager Digital assets.

Crypto Exchange CoinZoom Receives License to Operate in Bermuda

Crypto Exchange CoinZoom Receives License to Operate in Bermuda

The license will enable CoinZoom’s mission to mainstream digital asset investing and trading.

Is Bitcoin's Price at $10K Stable? Here are Some Factors that Could Influence BTC

Is Bitcoin's Price at $10K Stable? Here are Some Factors that Could Influence BTC

Bitcoin's (BTC) price dropped below $10,000 on the weekend, which ended BTC's two-month streak of staying above $10K.

SushiSwap Expands to Aptos Network Ahead of Over $20 Million APT Unlocking Tomorrow

SushiSwap Expands to Aptos Network Ahead of Over $20 Million APT Unlocking Tomorrow

Decentrallized Exchange Sushi has expanded to Aptos, a non-Ethereum Virtual Machine (EVM) chain, marking its first venture onto a non-Ethereum chain. Aptos, a Layer 1 blockchain, focuses on user experience and secure development, with its Move programming language for web3 applications. Sushi will introduce its version 2 Automated Market Maker, enhancing cross-chain trading experience and providing deeper liquidity across major blockchain networks. It is worth noting that the news comes as Aptos will unlock tokens valued at over $20 million tomorrow.

FV Bank Partners with Circle for Instant USDC Deposits and Conversion

FV Bank Partners with Circle for Instant USDC Deposits and Conversion

FV Bank, a global digital bank, has partnered with Circle to enable instant and automatic conversion of USD Coin (USDC) into USD upon deposit for a seamless experience.

Cybersecurity Firm Kaspersky Warns of New Ransomware Devised by Notorious North Korean Ransomware Group

Cybersecurity Firm Kaspersky Warns of New Ransomware Devised by Notorious North Korean Ransomware Group

Multinational cybersecurity provider Kaspersky has announced that the notorious North Korean crypto criminal group, Lazarus, is planning on releasing a new ransomware.

Revive Elvis Presley with AI: A Next-Generation Tribute

Revive Elvis Presley with AI: A Next-Generation Tribute

Elvis Presley returns in a virtual concert "Elvis Evolution," using AI and holographic technology. The immersive show by Layered Reality recreates his life and music, set to open in London and tour globally.

Coinbase Custody Leads in Digital Asset Safety Amid ETF Adoption Surge

Coinbase Custody Leads in Digital Asset Safety Amid ETF Adoption Surge

As crypto ETFs gain SEC approval, Coinbase Custody emerges as the trusted custodian for digital assets, leveraging advanced security and regulatory compliance.

Blockchain Experts Discuss: Will Blockchain Be the Missing Piece to Financial Inclusion?

Blockchain Experts Discuss: Will Blockchain Be the Missing Piece to Financial Inclusion?

The Singapore Fintech Festival rounded up blockchain discussions on the last day of the festival, focusing on one of the main themes of the event, financial inclusion.

ARK Invest CEO: Crypto Assets Will See Huge Turn

ARK Invest CEO: Crypto Assets Will See Huge Turn

ARK Invest CEO Cathie Wood predicts 2% inflation. Due to diminishing money supply, Wood expects inflation to go below this level and potentially into negative territory. The business recently sold its Grayscale Bitcoin Trust (GBTC) shares and bought 320,000 Coinbase shares for $17.6 million.

Australian Senator Bragg Releases New Draft on Digitial Assets

Australian Senator Bragg Releases New Draft on Digitial Assets

Australian Liberal Senator Andrew Bragg proposed a new draft of the titled Digital Assets (Market Regulation) Bill 2022, aimed at regulating digital asset exchanges.

Tether Taps BDO Global for Attestation of Reserve

Tether Taps BDO Global for Attestation of Reserve

Tether Holdings Ltd, the firm known for the issuance of the world’s largest stablecoin, USDT has tapped the Italian branch of Binder Dijker Otte (BDO), the fifth biggest public accounting firm to help in the handling of its assurance and attestation processes

USDC Issuer Circle Secures $400M Funding from Fidelity and BlackRock

USDC Issuer Circle Secures $400M Funding from Fidelity and BlackRock

Circle, the company behind USD Coin (USDC), has bagged funding worth $400 million from different players, including Fidelity Management, BlackRock Inc, and Research LLC, signalling traditional finance interest in the crypto space.

Mastercard Unveils Interoperable CBDC in Australia

Mastercard Unveils Interoperable CBDC in Australia

Mastercard, in association with the RBA and DFCRC, has demonstrated a groundbreaking interoperable CBDC solution to enhance Web3 commerce in Australia and beyond. The live demonstration showcased a pilot CBDC holder purchasing an NFT on Ethereum, utilizing Mastercard’s Multi Token Network, emphasizing the potential of blockchain interoperability in fostering secure and efficient digital commerce.

American Football Star Russell Okung Shows Massive Support for Visa-Backed Bitcoin Rewards Card

American Football Star Russell Okung Shows Massive Support for Visa-Backed Bitcoin Rewards Card

Russel Okung, a National Football League (NFL) star, has shown his support for Fold’s Bitcoin cash-back rewards card as it will take Bitcoin adoption to unprecedented heights. Speaking to Forbes, Okung revealed that he has invested in the Fold Visa card project as it is a game-changer by presenting people with a unique way of being part of the Bitcoin economy.

Despite Clear Divide Amongst Lawmakers, Crypto CEOs Request Clear Regulations

Despite Clear Divide Amongst Lawmakers, Crypto CEOs Request Clear Regulations

Top executives representing the biggest companies in the American digital currency ecosystem appeared before Congress to testify on the state of the crypto industry.

South Korean Shared Workspace Company Turns to a Blockchain-Powered Real Estate Platform

South Korean Shared Workspace Company Turns to a Blockchain-Powered Real Estate Platform

Sparkplus, a South Korean office sharing company, has announced a partnership with tech startup Kasa Korea for a blockchain-enabled real estate funding platform. Through the strategic collaboration, Sparkplus seeks to revolutionize Seoul’s sharing economy through a decentralized network that would enable people without much money to collectively and indirectly fund real estate.

Elon Musk and Changpeng “CZ” Zhao Clash Over Dogecoin Glitch

Elon Musk and Changpeng “CZ” Zhao Clash Over Dogecoin Glitch

Elon Musk criticizes Changpeng Zhao for the way Binance handled the Dogecoin glitch calling it “shady”, sparking a “battle” on Twitter.

Binance.US CEO Brian Brooks Steps Down, Cites Strategic Differences with Colleagues

Binance.US CEO Brian Brooks Steps Down, Cites Strategic Differences with Colleagues

Brian Brooks, the CEO of the US arm of the Binance global cryptocurrency exchange, has resigned just four months after joining the group.

Will the Binance.US CEO's Resignation Trigger a Domino Effect?

Will the Binance.US CEO's Resignation Trigger a Domino Effect?

Binance.US, the American subsidiary of the global cryptocurrency exchange, has experienced significant staffing changes, including the departure of CEO Brian Shroder and the elimination of around 100 positions. The company is also facing legal actions from the SEC and the Commodity Futures Trading Commission, as well as a decline in market share. The cryptocurrency community is concerned about the future of Binance and its potential demise, with WhaleWire warning of a larger explosion than FTX's.

Paradigm Challenges SEC's Authority in Lawsuit Against Binance

Paradigm Challenges SEC's Authority in Lawsuit Against Binance

Paradigm, a venture capital firm, has filed an amicus brief in the SEC's ongoing lawsuit against cryptocurrency exchange Binance. The brief criticizes the SEC's approach, arguing that the agency is overstepping its regulatory boundaries. Paradigm emphasizes that the SEC's actions could have far-reaching implications for securities law.

Ripple CEO Garlinghouse Foresees Ether ETF Approval, Critiques SEC's Approach

Ripple CEO Garlinghouse Foresees Ether ETF Approval, Critiques SEC's Approach

Ripple CEO Brad Garlinghouse predicts the approval of an Ether ETF by the SEC, critiquing the commission's approach under Gary Gensler as a political liability and detrimental to the U.S. economy's growth.

Ark Investment: Autonomous Vehicles to Boost GDP by $26 Trillion, Save Over 1M Lives by 2030

Ark Investment: Autonomous Vehicles to Boost GDP by $26 Trillion, Save Over 1M Lives by 2030

Ark Investment predicts autonomous vehicles could add $26T to global GDP and save over 1M lives by 2030, transforming economies and consumer experiences.

FTX secretly lent Alameda Research $65B

FTX secretly lent Alameda Research $65B

Environmentalists sued the New York Public Service Commission (PSC) on Jan. 13 for allowing the takeover of a bitcoin mining plant. Plaintiff's argument that approval breaches 2019 New York climate legislation. The Climate Leadership and Community Protection Act aims to reduce 85% of statewide emissions by 2050 and achieve zero-emissions power by 2040, among other goals.

Binance Australia Maintains AUD Withdrawals Despite Suspension of PayID AUD Deposits

Binance Australia Maintains AUD Withdrawals Despite Suspension of PayID AUD Deposits

Binance has announced an immediate cessation of PayID AUD deposits and potential impacts on bank transfer withdrawals for its users. The unexpected decision follows an action taken by its third-party payment service provider.

Epic Games CEO Defends Metaverse

Epic Games CEO Defends Metaverse

Epic Games CEO Tim Sweeney dismissed a recent article from Business Insider claiming that the Metaverse is "dead" and that virtual worlds have been abandoned by the business world. Sweeney cited the 600 million users across virtual world platforms as proof of the Metaverse's continuing relevance.

Revolut Adds 29 New Tokens to Serve Clients in US

Revolut Adds 29 New Tokens to Serve Clients in US

British fintech giant Revolut has announced the addition of 29 new tokens to serve its clients.

Coinbase and Trustly Collaborate to Streamline Crypto Transactions for Canadians

Coinbase and Trustly Collaborate to Streamline Crypto Transactions for Canadians

Coinbase partners with Trustly for Open Banking in Canada, enabling direct bank-to-crypto wallet transactions. This follows Coinbase's recent Canadian market expansion and US crypto derivatives approval.

ZipmexX Suspends Withdrawals, Citing Celsius and Babel Risk Exposure

ZipmexX Suspends Withdrawals, Citing Celsius and Babel Risk Exposure

Asia's leading digital asset exchange ZipmexX has suspended users' cryptocurrency withdrawals, citing the move as the exchange's assets could be swallowed up by the financial crisis facing the Celsius Network and cryptocurrency lender Babel Finance.

Forsage Founders Indicted for Alleged $340 Million "Global Ponzi" Scheme on Ethereum Blockchain

Forsage Founders Indicted for Alleged $340 Million "Global Ponzi" Scheme on Ethereum Blockchain

Oregon's federal grand jury indicted Forsage's founders. "Global Ponzi and pyramid scam" investors lost $340 million on the site.

Japan Asks Crypto Exchanges to Cancel Russian Sanction Related Transactions

Japan Asks Crypto Exchanges to Cancel Russian Sanction Related Transactions

Following concerns from the G7 nations, Japan has requested crypto exchanges to suspend transactions of crypto assets that are subject to asset-freeze sanctions against Russia and Belarus, Reuters reported.

‘Big Four’ Tech Amazon, Google, Apple & Facebook Grilled During US Antitrust Hearing

‘Big Four’ Tech Amazon, Google, Apple & Facebook Grilled During US Antitrust Hearing

In an antitrust hearing with the Judiciary Committee of US Congress, the CEOs of Amazon, Apple, Facebook and Google testified, as a continuation of an unfinished legal conversation with lawmakers.

DFA Bill Passed, But Central Bank of Russia Still Thinks Cryptos Are Criminal

DFA Bill Passed, But Central Bank of Russia Still Thinks Cryptos Are Criminal

Despite the Digital Financial Assets bill being passed by the State Duma, Russia’s Central Bank has nevertheless argued that crypto transactions are not deemed as legitimate investments.

SushiSwap Deploys Contracts to Five New Networks as Ethereum Gas Fees Surge

SushiSwap Deploys Contracts to Five New Networks as Ethereum Gas Fees Surge

SushiSwap has deployed its contracts to five new networks. What should be expected of SUSHI's price in the next few days?

Global Energy Sector: Blockchain Application to hit $6.29 Billion by 2024

Global Energy Sector: Blockchain Application to hit $6.29 Billion by 2024

BIS Research has presented a new market intelligence report dubbed ‘Global Blockchain in Energy Market - Analysis and Forecast, 2018-2024.’ It reveals that blockchain application in the energy market was worth $518.6 million in 2018 and its value will reach $6.29 billion in 2024.

Microsoft Develops Secret AI Chips to Reduce Development Costs

Microsoft Develops Secret AI Chips to Reduce Development Costs

Microsoft has been developing its own AI chips since 2019 to reduce reliance on Nvidia’s GPUs due to rising costs. The project, called “Athena,” is already being tested by Microsoft’s machine-learning staff and OpenAI developers.

Tornado Cash Community Fund Signatories Relinquish their Positions

Tornado Cash Community Fund Signatories Relinquish their Positions

The signatories to Tornado Cash's community funds have relinquished their role, automatically ceding control of the funds to the Decentralized Autonomous Organization (DAO).

SEC Approves VanEck to Launch the Second Bitcoin Futures ETF in the U.S. Markets

SEC Approves VanEck to Launch the Second Bitcoin Futures ETF in the U.S. Markets

The second Bitcoin-futures EFT is set to begin trading next week. The US SEC has made another important move by allowing VanEck to launch trading of its Bitcoin-futures ETF.

Marathon Digital and Zero Two Partner for Abu Dhabi Bitcoin-Mining Facility

Marathon Digital and Zero Two Partner for Abu Dhabi Bitcoin-Mining Facility

Marathon Digital Holdings and Zero Two have partnered to create a large-scale immersion Bitcoin-mining facility in Abu Dhabi. The joint venture, based in Mina Zayed and Masdar City, will comprise two mining sites with a combined 250-megawatt capacity. Marathon and Zero Two plan to power the facilities with excess energy from Abu Dhabi’s grid.

Animoca Brands Reports US$402 Million Bookings for 2022

Animoca Brands Reports US$402 Million Bookings for 2022

Animoca Brands, a leading digital entertainment and blockchain technology company, reported strong financial performance in 2022, with bookings reaching A$594 million and a strong liquidity position, despite expanding its business portfolio.

Venezuela Wants Citizens to Pay Taxes in State-Issued Petro Cryptocurrency

Venezuela Wants Citizens to Pay Taxes in State-Issued Petro Cryptocurrency

Venezuela is moving on a mandate that could see taxes being collected using its state-issued cryptocurrency—the oil-backed Petro. The effort is part of a nation-wide campaign to create mainstream use cases for Venezuela’s cryptocurrency.

TRON Welcomes NFT Collectors into the MegaCryptoPolis Metaverse

TRON Welcomes NFT Collectors into the MegaCryptoPolis Metaverse

It’s no secret that TRON has been eyeing a foray into NFTs and digital collectibles for some time; only last week, Justin Sun was pipped to the punch to purchase Beeple’s NFT art collection at Christie’s. The TRON founder placed a last-minute bid that fell just short of the $69 million the work eventually went for.

Crypto Needs a Balanced Approach for an Enhanced Global Outreach, PayBito CEO Says

Crypto Needs a Balanced Approach for an Enhanced Global Outreach, PayBito CEO Says

For crypto’s full potential to be harnessed, striking a balance between divergent patterns and enhancing diversity at all levels is needed, according to Raj Chowdhury, the CEO of crypto trading platform PayBito.

Bitcoin Price to Rally Higher as President Trump Signs $900 Billion Stimulus Bill

Bitcoin Price to Rally Higher as President Trump Signs $900 Billion Stimulus Bill

President Trump has signed the $900 billion pandemic relief bill, adding to the Fed's mounting debt catalyst for the Bitcoin (BTC) price to continue its sensational rally.

IBM and Verizon Business Collaborate on 5G and AI Edge Computing Innovation

IBM and Verizon Business Collaborate on 5G and AI Edge Computing Innovation

Tech giant IBM is collaborating with Verizon Business to help usher in the future of Industry 4.0 through their respective expertise on edge computing innovation and 5G technology.

Bank of Russia Commences Digital Ruble Trials

Bank of Russia Commences Digital Ruble Trials

The Bank of Russia (BoR) has announced the commencement of its Digital Ruble trials, making the most ambitious push for a functional CBDC in the country.

Tether Discontinues Support for Kusama, Bitcoin Cash SLP, and Omni Layer

Tether Discontinues Support for Kusama, Bitcoin Cash SLP, and Omni Layer

Tether ceases support for Kusama, Bitcoin Cash SLP, and Omni Layer due to evolving crypto needs. The move follows Q2 earnings surpassing $1 billion. Tether remains hopeful for Omni's potential.

Brad Garlinghouse Lawyers Requests Documents from Binance in Ongoing Case with SEC

Brad Garlinghouse Lawyers Requests Documents from Binance in Ongoing Case with SEC

Brad Garlinghouse's lawyers have requested some documents from Binance to back its defence against the US SEC.

Different Stances on Cryptocurrency Risk Revealed, Many Still Link Crypto to Cyber Fraud

Different Stances on Cryptocurrency Risk Revealed, Many Still Link Crypto to Cyber Fraud

Findings revealed that banks, governments, and cryptocurrency professionals were divided in their stance on digital currencies.

Ethereum and EOS Blockchain Used by Associated Press to Publish US Presidential Election Results

Ethereum and EOS Blockchain Used by Associated Press to Publish US Presidential Election Results

Associated Press (AP) has used Ethereum and EOS blockchains to publish voting results for the United States Presidential Election.

Dogecoin: Not All Cryptos Are Created Equal

Dogecoin: Not All Cryptos Are Created Equal

What do Elon Musk, Snoop Dogg, and Gene Simmons have in common? They've all come out as proponents of Dogecoin, the one-time joke cryptocurrency. While Doge might be spiking, it's important to remember that no all cryptos are created equal.

Binance.US Tops its Valuation to $4.5b Stirred by $200m in Seed Raise

Binance.US Tops its Valuation to $4.5b Stirred by $200m in Seed Raise

Binance.US, the subsidiary of Binance exchange in the United States has raised $200 million in a seed funding round that has given the company a pre-money valuation of $4.5 billion.

Paolo Ardoino: Tether Tests New Bitcoin Mining Platform, Moria, with Enhanced Software Control

Paolo Ardoino: Tether Tests New Bitcoin Mining Platform, Moria, with Enhanced Software Control

Tether is testing its new Bitcoin mining platform, Moria, which has undergone significant software enhancements, including software-driven PDU management and multisig approval. Moria is designed to integrate with IoT devices, potentially revolutionizing mining operations. Tether's diversification into Bitcoin mining is still in its testing phase.

Voyager reportedly sells assets on Coinbase exchange

Voyager reportedly sells assets on Coinbase exchange

Lookonchain showed Voyager using 23 tokens worth over $100 million.

Iran and Russia Seek A Gold-Backed Stablecoin

Iran and Russia Seek A Gold-Backed Stablecoin

Iran and Russia are planning a gold-backed cryptocurrency. In Astrakhan, Russia began accepting Iranian goods, a stablecoin would function. Instead of utilizing dollars, rubles, or rials, the initiative would allow cross-border transactions.

CoinSmart Is on the Hunt to Buy Distressed Crypto Assets

CoinSmart Is on the Hunt to Buy Distressed Crypto Assets

The recent market crash is the latest in global financial events that have created unique opportunities for buyers like CoinSmart and FTX wanting to acquire distressed crypto firms at a bargain valuation.

US SEC Boss Gary Gensler Calls to Regulate DeFi Projects

US SEC Boss Gary Gensler Calls to Regulate DeFi Projects

The US Securities and Exchange Commission Chairman Gary Gensler is pushing to regulate the decentralized finance (DeFi) landscape. He recently said that DeFi is adequately organized and therefore needs regulatory compliance.

SEC Raises Objections to Celsius Network's Restructuring Plan Involving Coinbase

SEC Raises Objections to Celsius Network's Restructuring Plan Involving Coinbase

The U.S. Securities and Exchange Commission (SEC) has filed a limited objection to the Chapter 11 restructuring plan of crypto lending platform Celsius Network. The objection, dated September 22, 2023, specifically targets the company's proposed arrangement with Coinbase for distribution services. The SEC is also currently engaged in a lawsuit against Coinbase, adding another layer of complexity to the situation.

Cryptos Confiscated from $4.2 Billion PlusToken Scam Likely Sold by Chinese Police, says Journalist Colin Wu

Cryptos Confiscated from $4.2 Billion PlusToken Scam Likely Sold by Chinese Police, says Journalist Colin Wu

China’s crypto journalist Colin Wu believes that Chinese police have sold cryptocurrencies seized from the $4.2 billion PlusToken Ponzi crackdown.

The Cayman Islands Creates Regulatory Framework to Attract Virtual Asset Business

The Cayman Islands Creates Regulatory Framework to Attract Virtual Asset Business

The Ministry of Financial Services of the Cayman Islands announced that it is building regulatory frameworks for individuals and entities that offer digital assets in business.

Facebook Launches Fintech Product Group F2 to Run Payments Across All its Apps

Facebook Launches Fintech Product Group F2 to Run Payments Across All its Apps

Facebook has expanded its fintech horizons and announced the launch of a new product group dedicated to payments purposes.

TOFU: How AI Can Forget Your Privacy Data

TOFU: How AI Can Forget Your Privacy Data

TOFU, a AI model, tackles the challenge of machine unlearning, aiming to make AI systems forget specific, unwanted data while retaining overall knowledge.

Randall Crater, Founder of "My Big Coin" Sentenced

Randall Crater, Founder of "My Big Coin" Sentenced

A U.S. Federal Court Judge sentenced Randall Crater to 100 months in prison. Crater defrauded 55 investors with $7.6 million.

Tether Emphasizes Commitment to Transparency, Releases Reserves Information in Response to CoinDesk's FOIL Request

Tether Emphasizes Commitment to Transparency, Releases Reserves Information in Response to CoinDesk's FOIL Request

Tether has reaffirmed its commitment to transparency and announced its completion of reporting obligations to the New York Attorney General's Office. Under the terms of its 2021 settlement, Tether fulfilled its quarterly reporting requirements for a period of two years.

Hex Trust Announces Integration of Polkadot Blockchain Network

Hex Trust Announces Integration of Polkadot Blockchain Network

Hong Kong-based digital asset custody provider Hex Trust announced the integration of Polkadot blockchain network into Hex Safe.

Ripple CEO Reveals Missing Key Factor for Crypto and XRP to Be the Infrastructure of the Next Global Financial System

Ripple CEO Reveals Missing Key Factor for Crypto and XRP to Be the Infrastructure of the Next Global Financial System

Ripple CEO Brad Garlinghouse explained what was crucial in the cryptocurrency sector for it to be revamped and integrated into the next global financial system.

US Congressmen Pushing for SEC Chairman Gary Gensler to Approve Bitcoin Spot ETF

US Congressmen Pushing for SEC Chairman Gary Gensler to Approve Bitcoin Spot ETF

US lawmakers Tom Emmer and Darren Soto have stated that they would like to see the US SEC pave the way for Bitcoin spot ETF approval.

US won't Follow China’s Ban on Crypto and ‘Up to Congress’: SEC Chairman Gary Gensler

US won't Follow China’s Ban on Crypto and ‘Up to Congress’: SEC Chairman Gary Gensler

At a hearing held on Tuesday, Gary Gensler, chairman of the US Securities and Exchange Commission, said that the United States will not follow China's ban on cryptocurrencies.

EDX Markets Partners with Solidus Labs to Monitor $16 Trillion in Crypto Trading with HALO Platform

EDX Markets Partners with Solidus Labs to Monitor $16 Trillion in Crypto Trading with HALO Platform

EDX Markets has partnered with Solidus Labs to use the HALO platform, monitoring $16 trillion in crypto trading, enhancing compliance and risk management.

President Biden Claims that Musk Purchased a Platform that Promotes Hate Speech

President Biden Claims that Musk Purchased a Platform that Promotes Hate Speech

President Joe Biden has slammed Elon Musk's acquisition of Twitter

Texas Objects to Binance.US and Voyager Digital Deal

Texas Objects to Binance.US and Voyager Digital Deal

Texas’ State Securities Board and Department of Banking object to Binance.US's proposed $1.022 billion deal to buy Voyager Digital's assets, citing "inadequate" disclosures.

Ripple CTO Advocates for Community Consensus on XRP Ledger's AMM Feature Integration

Ripple CTO Advocates for Community Consensus on XRP Ledger's AMM Feature Integration

Ripple's CTO, David Schwartz, stresses the importance of community consensus for integrating the Automated Market Maker (AMM) feature on the XRP Ledger. Through discussions on X (formerly Twitter), Schwartz outlines a methodical approach to addressing concerns and urges validators to support the amendment only after achieving community agreement. The AMM feature, seen as a significant stride in decentralized finance on XRPL, was introduced in rippled version 1.12.0 alongside a potential clawback feature aimed at legal liability protection for developers. Schwartz's engagement exemplifies a balanced approach to evolving XRPL while preserving its decentralized character.

US Justice Department Charges John McAfee with Cryptocurrency Fraud

US Justice Department Charges John McAfee with Cryptocurrency Fraud

Antivirus software entrepreneur John McAfee has been charged with fraud and crypto pump and dump scheme offenses by the US Department of Justice, which alleges that he and his accomplices participated in a scheme that earned them more than $16.9 million by fraudulently promoting altcoins to unwitting investors.

Celestia's Core Values: Bridging Off-chain Governance with User-centric Network

Celestia's Core Values: Bridging Off-chain Governance with User-centric Network

Mustafa Al-Bassam delineates five core values for Celestia's social layer aimed at enhancing trust-minimization and user-centric network functionalities. These values include the primacy of off-chain governance, user elevation, credible neutrality towards execution environments, economic sustainability, and minimizing overhead and state bloat. The discourse provides a profound insight into Celestia's commitment to fostering a user-driven, trust-minimized blockchain network.

Trump's National Security Council Sees DLT as Critical Weapon in US-China Tech War

Trump's National Security Council Sees DLT as Critical Weapon in US-China Tech War

The United States National Security Council has named distributed ledger technology (DLT) as one the most critical focus areas in its tech war with China and Russia.

Elon Musk Criticizes Bitcoin Mining for Being Highly Centralized in China, Hinting that Tesla May Dump Bitcoin

Elon Musk Criticizes Bitcoin Mining for Being Highly Centralized in China, Hinting that Tesla May Dump Bitcoin

Elon Musk’s tweets have served to create headwind for Bitcoin, sending the cryptocurrency on a steep plunge.

Ripple CEO Warns SEC's "Enforcement" Approach May Hurt US Crypto Industry

Ripple CEO Warns SEC's "Enforcement" Approach May Hurt US Crypto Industry

Ripple CEO, Brad Garlinghouse, has suggested that the US Securities and Exchange Commission's (SEC) approach to regulation is putting the US at risk of missing out on being an attractive hub for the next evolution of blockchain and crypto innovation. Garlinghouse noted that the SEC's case against Ripple is the SEC simply playing "offense" and "attacking" the industry as a whole. He added that the crypto industry has "already started moving outside" of the US given its crypto regulation process is "behind" other countries such as Australia, UK, Japan, Singapore, and Switzerland.

Justin Sun Finally Got His Long-Awaited $4.57 Million Dinner with Warren Buffett

Justin Sun Finally Got His Long-Awaited $4.57 Million Dinner with Warren Buffett

Founder of TRON, cryptocurrency entrepreneur Justin Sun had his long-awaited $4.57 million charity auctioned meal with Warren Buffett. Here's what happened.

U.S. District Judge Kevin Castel Grants Request to Defer civil cases

U.S. District Judge Kevin Castel Grants Request to Defer civil cases

On Feb. 13, Manhattan District Judge Kevin Castel granted the applications to suspend the civil proceedings "without prejudice" until the DOJ's trial against SBF begins.

Grayscale Launches New Entity to Manage Growing Funds

Grayscale Launches New Entity to Manage Growing Funds

Cryptocurrency asset manager Grayscale Investments has launched a new entity, the Grayscale Funds Trust, to manage its publicly traded financial products in-house. The company has also filed a registration statement for three new cryptocurrency-focused ETFs, including a Bitcoin Composite ETF, Ethereum Futures ETF, and a Privacy ETF.

Russian Crypto Startup InDeFi to Launch Ruble Stablecoin following DAI Model

Russian Crypto Startup InDeFi to Launch Ruble Stablecoin following DAI Model

The new stablecoin project has no connection with the Bank of Russia’s digital ruble. The stablecoin will be pegged to ruble fiat currency.

Coin Center Sues IRS For Unconstitutional Tax Reporting Rules

Coin Center Sues IRS For Unconstitutional Tax Reporting Rules

Coin Center, a Washington DC-based non-profit research and advocacy centre, has filed a lawsuit against the United States Treasury and the Internal Revenue Service (IRS) for a tax reporting requirement it wants to pass into law.

Wanted Wirecard Exec Marsalek Hiding in Russia After Moving Funds in Bitcoin

Wanted Wirecard Exec Marsalek Hiding in Russia After Moving Funds in Bitcoin

Former Wirecard Chief Operating Officer Jan Marsalek used Bitcoin to move funds to Russia where he is now in hiding under the supervision of Russian intelligence operatives, according to a Russian media outlet.

Ethereum Founder Vitalik Buterin Proposes Tweaks to Improve Decentralization and Reduce Consensus Overhead

Ethereum Founder Vitalik Buterin Proposes Tweaks to Improve Decentralization and Reduce Consensus Overhead

Vitalik Buterin, the founder of Ethereum, has proposed changes to the network's staking model aimed at improving decentralization and reducing the consensus layer's computational burden. The proposal includes the introduction of a two-tiered staking system involving node operators and delegators. Buterin suggests that these changes could significantly reduce the number of signatures required for consensus, thereby making it easier for more people to participate in the network's validation process.

Coca-Cola Vendors Accept Bitcoin in Australia and New Zealand

Coca-Cola Vendors Accept Bitcoin in Australia and New Zealand

Amatil, the Coca-Cola company's biggest distributor in Australia and New Zealand has partnered with Centrapay, a payment startup to enable customers to pay with Bitcoin and other digital currencies.

Virginia Tech Study Reveals Geographic Biases in ChatGPT's Environmental Justice Information

Virginia Tech Study Reveals Geographic Biases in ChatGPT's Environmental Justice Information

Virginia Tech study reveals ChatGPT's limitations in providing local-specific info on environmental justice, highlighting geographic biases.

Zimbabwe’s Government Consulting Private Sector on Adopting Crypto as Legal Tender

Zimbabwe’s Government Consulting Private Sector on Adopting Crypto as Legal Tender

A key government official has revealed that Zimbabwe is considering legalizing cryptocurrency as a payment service.

Tether and INHOPE Join Forces to Fight Child Abuse Material Online

Tether and INHOPE Join Forces to Fight Child Abuse Material Online

The cooperation intends to combat the unlawful use of cryptocurrency to finance child abuse content on the dark web and in personless online marketplaces like INHOPE.

Wyoming lawmakers pass bill prohibiting courts from forcing disclosure of digital asset

Wyoming lawmakers pass bill prohibiting courts from forcing disclosure of digital asset

Wyoming, a crypto-friendly state, enacted a measure banning private key disclosure. If Governor Mark Gordon approves, it will take effect July 1.

Bitcoin Accelerates the Development of Renewable Energy for Bitcoin Mining

Bitcoin Accelerates the Development of Renewable Energy for Bitcoin Mining

The use of volcano power to mine Bitcoin (BTC) in El Salvador was propelling the leading cryptocurrency’s quest to accelerate renewable energy development.

Circle Launches Native USDC on Polygon

Circle Launches Native USDC on Polygon

Circle has natively integrated USDC on the Polygon PoS network, enabling direct access for users and developers. This move phases out the need for bridged USDC.e, providing a more stable and straightforward means for transactions on the network. The development is anticipated to foster numerous use cases, enhancing the overall ecosystem.

US GDP Shrunk by 0.9% in Q2, Implications for the Crypto Industry

US GDP Shrunk by 0.9% in Q2, Implications for the Crypto Industry

The Gross Domestic Product (GDP) in the US shrunk by 0.9% in Q2. Would the crypto space be dragged by inflation or even recession in these financial activities?

China Establishes First-Ever Blockchain Zone in Central Province of Hunan

China Establishes First-Ever Blockchain Zone in Central Province of Hunan

The first provincial blockchain zone has been established in China, in the central Chinese province of Hunan. The “Wanbao” blockchain zone is located in the city of Loudi, marking the first blockchain zone in China, according to a local Chinese report.

El Salvador Lawmakers Passes $150M Bitcoin Trust Fund into Law

El Salvador Lawmakers Passes $150M Bitcoin Trust Fund into Law

El Salvador parliament has passed the Bitcoin Trust Fund proposal into law.

Paolo Ardoino: Tether Ranks 22nd in US Treasury Holdings, Surpassing Mexico, Australia, and Spain

Paolo Ardoino: Tether Ranks 22nd in US Treasury Holdings, Surpassing Mexico, Australia, and Spain

Tether, the world's leading stablecoin, now holds $72.5 billion in U.S. Treasury bills, despite China's divestment from U.S. debt. Mixed reactions arise, questioning long-term stability in emerging markets.

Elon Musk Could Bring More Crypto Use Cases into Twitter: Bloomberg

Elon Musk Could Bring More Crypto Use Cases into Twitter: Bloomberg

With Twitter deal now closed, Elon Musk is set to bring radical changes into the social media, including cryptocurrency.

Shopify Launches Blockchain Commerce Tools to Enhance User Experience

Shopify Launches Blockchain Commerce Tools to Enhance User Experience

SIWE allows Shopify users to sign in using Ethereum addresses without revealing private information.

Coinbase Introduces PayID and Premium Services for Aussie Retail Customers

Coinbase Introduces PayID and Premium Services for Aussie Retail Customers

Coinbase offers three new services for Aussie clients. One of these features would allow customers to use PayID as a way to top up their accounts with Australian Dollar transfers.

Decentralized Hackers 'Anonymous' Promise Retribution for George Floyd, Will Expose Minneapolis Police Record of Systemic Racism

Decentralized Hackers 'Anonymous' Promise Retribution for George Floyd, Will Expose Minneapolis Police Record of Systemic Racism

Hacktivist group ‘Anonymous’ has promised retribution against the Minneapolis Police Department (MPD) for the death of George Floyd last week.

DOGE Slightly Increases after Elon Musk Supports Dogecoin's Proposed Changes

DOGE Slightly Increases after Elon Musk Supports Dogecoin's Proposed Changes

The price of dogecoin (DOGE) experienced a slight increase from $0.242 to $0.266 after Tesla CEO founder Elon Musk tweeted and supported an update to the proposed average transaction fee for dogecoin.

ASIC Raids Binance Australia as Global Regulatory Hurdles Mount

ASIC Raids Binance Australia as Global Regulatory Hurdles Mount

As reported by Bloomberg, the Australian Securities and Investments Commission (ASIC) executed a search operation at the offices of Binance Australia. This operation is a part of an ongoing inquiry into the crypto giant's now-closed local derivatives business, highlighting the intensifying regulatory scrutiny Binance is encountering.

A group of nine banks has invested $45 million in Carbonplace

A group of nine banks has invested $45 million in Carbonplace

The independent UK Carbonplace organization will start later this year under CEO Scott Eaton.

Hong Kong Blockchain Ecosystem Feb 2020 - New Members

Hong Kong Blockchain Ecosystem Feb 2020 - New Members

Hong Kong Blockchain Ecosystem Feb 2020 - New Members

Monica Long Named New President of Ripple

Monica Long Named New President of Ripple

Ripple, a blockchain-based worldwide payments processor, elected Monica Long its new president amid unprecedented growth.

Koris: A Smart Contract-Based Platform

Koris: A Smart Contract-Based Platform

Koris provides an end-to-end operational framework for DAOs to administer communities. On Jan. 17, the WEF released a toolbox supporting DAOs.

New MacOS Malware Hijacks Crypto Wallets Via Pirated Apps

New MacOS Malware Hijacks Crypto Wallets Via Pirated Apps

Kaspersky Labs discovers a new malware targeting macOS users via pirated apps, replacing legitimate Bitcoin and Exodus wallets with infected versions, highlighting the risks of downloading unauthorized software.

Ark Invest continues to buy Coinbase shares

Ark Invest continues to buy Coinbase shares

Ark Invest has invested roughly $30 million on Coinbase stock in 2023 while selling Grayscale Bitcoin Trust.

Luna Foundation Says Plans to Repay Terra Investors Thwarted by Litigation Woes

Luna Foundation Says Plans to Repay Terra Investors Thwarted by Litigation Woes

The plans to compensate affected Terra users is still far from reality.

HDAO soared +1469% immediately after listing!

HDAO soared +1469% immediately after listing!

Earlier, the most influential Hong Kong Digital Asset Exchange HKD.com launched its platform token HKD.com DAO (HDAO), sold out in 5 seconds.

Sushi Launches on Filecoin, Expanding Decentralized Exchange Services

Sushi Launches on Filecoin, Expanding Decentralized Exchange Services

Sushi, a prominent decentralized exchange, is now integrated on Filecoin, enhancing its cross-chain capabilities and launching a special NFT to commemorate the collaboration.

5 Places to Learn About Crypto Investing

5 Places to Learn About Crypto Investing

While there is certainly an aspect of the ‘gold rush’ mentality to the current crypto buzz and surging market caps, it is undeniable that we have passed a legitimate turning point in the history of this revolutionary technology and asset class.

Animoca Brands Cuts Metaverse Fund Target to $800M

Animoca Brands Cuts Metaverse Fund Target to $800M

Animoca Brands, a Hong Kong-based developer of blockchain gaming technology, has reduced its target for its metaverse fund by 20% to $800 million due to volatility in the crypto sector. The company's market capitalization has also fallen from $6 billion to below $2 billion, signaling a change in sentiment in the crypto industry.

Invictus Capital continues to offer exceptional returns despite the volatility in the markets

Invictus Capital continues to offer exceptional returns despite the volatility in the markets

Invictus’ assets under management (AUM) blew past expectations, growing by 29.46% to $145 million over June.

City of Niagara Falls Forces Blockfusion Bitcoin Miner to Shut Down Operations

City of Niagara Falls Forces Blockfusion Bitcoin Miner to Shut Down Operations

In Canada, the city of Niagara Falls claims that Blockfusion Bitcoin miner violates local laws and produces environmental disturbances.

South Korean Telecom Giant and City Government Teams Up to Launch Major Digital Currency

South Korean Telecom Giant and City Government Teams Up to Launch Major Digital Currency

KT, the largest telecom company in South Korea is planning to launch its blockchain-based digital currency in the second biggest city in the country, Busan.

Proposal to Amend Cryptocurrency Leverage Regulations in Japan

Proposal to Amend Cryptocurrency Leverage Regulations in Japan

JCBA has proposed to JVCEA to amend the leverage ratio regulations in cryptocurrency margin trading, advocating for the application of corporate leverage calculation methods to individual transactions as well. The proposal aims to align the crypto market's leverage regulations with other derivative markets and possibly re-attract users who shifted to overseas exchanges for higher leverage.

Russia’s Largest Bank Sberbank Buys 5,000 Blockchain ATMs Despite Authorities' Plan to Ban Crypto

Russia’s Largest Bank Sberbank Buys 5,000 Blockchain ATMs Despite Authorities' Plan to Ban Crypto

Sberbank, Russia’s largest bank, is purchasing more contactless ATMs that are powered by blockchain. The banking giant is making such a move despite an upcoming bill that aims to penalize individuals and firms that use and trade cryptocurrencies in financial transactions. Sberbank’s ATMs have nothing to do with cryptocurrencies as they do not act as BTMs (Bitcoin ATMs). The banking institution just intends to cut the need for physical contact associated with the use of bank debit/credit cards amid the coronavirus pandemic. Throughout the COVID-19 epidemic, Sberbank has been preferring to cut down the use of plastic cards because of health concerns.

Virgil Griffith Sentenced to 5-Year Jail for Helping Individuals in North Korea Evade Sanctions

Virgil Griffith Sentenced to 5-Year Jail for Helping Individuals in North Korea Evade Sanctions

An American citizen is sentenced to 63 months in jail by U.S. District Judge for allegedly helping individuals in the DPRK (North Korea) to evade sanctions imposed by the U.S.

Circle Unable to Withdraw $3.3 Billion from SVB, Causing USDC Sell-Off

Circle Unable to Withdraw $3.3 Billion from SVB, Causing USDC Sell-Off

Circle, the issuer of USD Coin (USDC), was unable to withdraw $3.3 billion of its $40 billion reserves from Silicon Valley Bank (SVB), leading to a sell-off that caused the stablecoin's value to drop below its $1 peg. Circle initiated a wire transfer to remove the funds from SVB as the FDIC-insured bank was about to shut operations, but the transfer was not wholly processed, leaving $3.3 billion of USDC reserves with SVB. Dante Disparte, Circle's chief strategy officer, warned that SVB's failure could have broader implications for the US economy.

KuCoin's Emphasis on Self-Regulation and User Security Highlighted at TOKEN2049

KuCoin's Emphasis on Self-Regulation and User Security Highlighted at TOKEN2049

Alicia Kao, KuCoin's Managing Director, discussed the challenges and opportunities of cryptocurrency exchanges during the TOKEN2049 panel. She highlighted the importance of self-regulation and KuCoin's strict security protocols. KuCoin, a leading global exchange, has a user base of 29 million and endorses over 750 projects. The panel provided valuable insights into the crypto industry's future direction.

Justin Sun: Tron Network is Holding 3000 Bitcoin

Justin Sun: Tron Network is Holding 3000 Bitcoin

Tron network, a blockchain-based decentralized operating system, is hosting 3,000 Bitcoin (BTC) configured as BTCTRON, according to its CEO and founder Justin Sun.

Russian Civil Servants Required to Declare Crypto Holdings Beginning in 2021

Russian Civil Servants Required to Declare Crypto Holdings Beginning in 2021

Russia’s public officials will be obligated to declare all their private cryptocurrency and digital asset holdings, effective from the start of 2021.

US Treasury Fines Bittrex Exchange $29m for Multi-Year Sanctions Violation

US Treasury Fines Bittrex Exchange $29m for Multi-Year Sanctions Violation

The United States Treasury Department through the Office of Foreign Assets Control (OFAC) and the Financial Crimes Enforcement Network (FinCEN) has fined Bittrex $29 million due to failure to prevent individuals in sanctioned jurisdictions from using its platform.

US Bitcoin Corp-Hut 8 Merger Progresses Amid Celsius Plan Approval

US Bitcoin Corp-Hut 8 Merger Progresses Amid Celsius Plan Approval

US Bitcoin Corp has secured court approval for its merger with Hut 8 Mining Corp, marking a significant step towards managing its assets and listing on Nasdaq and the Toronto Stock Exchange.

Stablecoins Pose Risks to Financial Stability: Yellen

Stablecoins Pose Risks to Financial Stability: Yellen

The instability of the UST stablecoin has pushed the United States Treasury Secretary, Janet Yellen, to advocate for introducing a tighter regulatory framework to govern the entire stablecoin offshoot of the crypto ecosystem.

FTX Continues to Move Funds Amid Ongoing Investigations

FTX Continues to Move Funds Amid Ongoing Investigations

Addresses associated with FTX and its subsidiary, Alameda Research, have reportedly transferred $145 million in stablecoins to various platforms, as the cryptocurrency exchange faces demands to return funds to different groups of investors amid ongoing investigations and lawsuits.

Coindesk May Be Sold as Parent Company DCG Struggles

Coindesk May Be Sold as Parent Company DCG Struggles

CoinDesk may sell. Digital Currency Group (DCG), its parent firm, looks to be struggling financially. DCG has received many bids over $200 million for the media group in recent months.

Injective (INJ) Becomes First Non-Ethereum Blockchain to Integrate Ethena's USDe

Injective (INJ) Becomes First Non-Ethereum Blockchain to Integrate Ethena's USDe

thena, the prominent DeFi protocol with nearly $1 billion in TVL, expands its ecosystem by launching USDe and Ethena Shards exclusively on the Injective blockchain.

Morgan Stanley Buys Up To $40 Million Worth of Grayscale Bitcoin Trust Shares

Morgan Stanley Buys Up To $40 Million Worth of Grayscale Bitcoin Trust Shares

Morgan Stanley recently bought more shares in Grayscale Bitcoin Trust to expand its allocation in Bitcoin investment. The move indicates a continued and ever-increasing position in crypto-related assets.

The UK is a step closer to launching a central bank digital currency

The UK is a step closer to launching a central bank digital currency

The Bank of England thinks crypto stablecoins and a central-bank-issued "digital pound" might coexist.

Russia Plans to Build AI Software to Remove the Anonymity of Users in Crypto Transactions

Russia Plans to Build AI Software to Remove the Anonymity of Users in Crypto Transactions

The Russian agency’s plan involves using artificial intelligence (AI) for its software, as the agency sees an “urgent need to create effective opportunities for state control over the circulation of virtual assets.”

SEC Makes ICO Token Sales More Inclusive, Not Enough For SEC Commissioner Hester Peirce

SEC Makes ICO Token Sales More Inclusive, Not Enough For SEC Commissioner Hester Peirce

The US SEC has modernized their definition of an 'accredited investor' to consider not just an individual’s wealth, but their education.

Winklevoss Sees US Stimulus Negotiation Fail as a “Wakeup Call And an Endorsement of Bitcoin”

Winklevoss Sees US Stimulus Negotiation Fail as a “Wakeup Call And an Endorsement of Bitcoin”

Bitcoin billionaire Cameron Winklevoss thinks that this is the perfect opportunity to invest in Bitcoin, as the dollar keep depreciating and US politicians are unable to reach a consensus on a stimulus package budget.

Raoul Paul Hails Crypto Industry, Calls it "Anti-Fragile Financial System."

Raoul Paul Hails Crypto Industry, Calls it "Anti-Fragile Financial System."

The crypto market collapsed significantly but bounced back on its own, gaining praises from Raoul Paul.

Bitcoin Is Good for Elon Musk but It May Not be for All Investors, Says Bill Gates

Bitcoin Is Good for Elon Musk but It May Not be for All Investors, Says Bill Gates

Bill Gates has been probed about Bitcoin and his views regarding the digital asset since the cryptocurrency has been the talk of Wall Street recently.

Binance sees surge in withdrawals amid spooked investors

Binance sees surge in withdrawals amid spooked investors

Investors have pulled billions from Binance in the past day due to US Securities and Exchange Commission and New York Department of Financial Services action against BUSD and Paxos.

IMF Emphasizes Digitalization in Financial Inclusion Agenda

IMF Emphasizes Digitalization in Financial Inclusion Agenda

IMF Managing Director Kristalina Georgieva emphasizes the role of digitalization in expanding financial inclusion. She calls for a balanced approach that includes regulation to ensure financial stability. The IMF has also been active in digital finance, recently presenting a crypto-risk assessment tool.

Coinhouse Trims 15% Workforce Amid Crypto Sector Challenges

Coinhouse Trims 15% Workforce Amid Crypto Sector Challenges

French crypto exchange Coinhouse trims 15% of its staff, mirroring broader sector challenges. The move, announced on October 13, 2023, primarily affects the web 3.0 department, hinting at a strategic shift towards core crypto investment services amidst a bearish market scenario. The company's evolution, from a workforce of 100 to 60 within a year, highlights the cautious recalibration among crypto entities in navigating market and economic uncertainties.

web3 gaming METAPIXEL Suspended Indefinitely

web3 gaming METAPIXEL Suspended Indefinitely

The METAPIXEL project has been suspended indefinitely due to a range of internal and external factors. Key team members, including Kate, Daniel, and Nathan, have announced their departure from the project. The development comes after 18 months of active work on the project, leaving both the team and the community in a state of uncertainty.

FTX CEO Says Company Set to Spend Billions on Acquisitions: Bloomberg

FTX CEO Says Company Set to Spend Billions on Acquisitions: Bloomberg

Sam Bankman-Fried said his company is awash with excess liquidity and drawing on this, FTX Derivatives exchange is set to make a number of strategic acquisitions moving forward.

Breaking: Binance Sells Russian Operations to CommEX, Exits Market

Breaking: Binance Sells Russian Operations to CommEX, Exits Market

Binance has announced the sale of its entire Russia business to CommEX, citing compliance issues as the primary reason for the exit. The transition process for existing Russian users is expected to take up to one year, with no financial strings attached to the deal for Binance.

Tesla CEO Elon Musk Says You Can Now Buy a Tesla With Bitcoin

Tesla CEO Elon Musk Says You Can Now Buy a Tesla With Bitcoin

Elon Musk has revealed that customers can now purchase Tesla cars with Bitcoin as the mode of payment.

Who is Satoshi Nakamoto? Elon Musk's Latest Guess Comes as No Surprise

Who is Satoshi Nakamoto? Elon Musk's Latest Guess Comes as No Surprise

Elon Musk emphatically noted that Satoshi might just be Nick Szabo, a computer scientist, legal scholar, and cryptographer known for his digital contracts and digital currency research.

Coinbase and Binance.US Will Support Flare Network's Spark Token Airdrop, Ripple's XRP Price Could Dip

Coinbase and Binance.US Will Support Flare Network's Spark Token Airdrop, Ripple's XRP Price Could Dip

Crypto exchanges Coinbase and Binance US have lent support for the Flare Network's Spark Token airdrop sending XRP price slightly higher.

Silvergate Capital Corp. is the second-most-shorted stock

Silvergate Capital Corp. is the second-most-shorted stock

Silvergate Capital Corp., a crypto bank, has seen its shares fall 87% in the last year, but speculators believe it has further downside.

Blockchain Monitor Launched to Track Coronavirus-Free Safe Zones to Protect the Non-Infected Community During Pandemic

Blockchain Monitor Launched to Track Coronavirus-Free Safe Zones to Protect the Non-Infected Community During Pandemic

The coronavirus pandemic has currently reached countless countries and territories all over the world and has caused over 220,000 infections in the world population. With the global death rate climbing and almost reaching 9,000, the World Health Organization declared it as a pandemic on March 11.

Thailand Considers Opening Crypto Payments for Russian and Ukrainian Tourists

Thailand Considers Opening Crypto Payments for Russian and Ukrainian Tourists

Following Mastercard and Visa suspension of Russian credit cards abroad due to international sanctions imposed, Thailand, on the other hand, is looking at accepting crypto payments for transactions.

MicroStrategy CEO says Tesla has De-Risked BTC Acquisition for Public Companies

MicroStrategy CEO says Tesla has De-Risked BTC Acquisition for Public Companies

MicroStrategy CEO Michael Saylor is thrilled that Elon Musk and Tesla finally took the bet on Bitcoin and believes the other public companies will now ramp up BTC purchases.

Arcade fighting game Battle of Olympus to launch presale for GODLY token on Arbitrum on March 27

Arcade fighting game Battle of Olympus to launch presale for GODLY token on Arbitrum on March 27

Battle of Olympus, an arcade street fighting game, is set to launch the first phase of its presale for its in-game currency $GODLY on Arbitrum on Monday, March 27.

Bitcoin Safe Haven Status Under Fire Following US Federal Reserve Rate Cuts to Combat Coronavirus Disruption

Bitcoin Safe Haven Status Under Fire Following US Federal Reserve Rate Cuts to Combat Coronavirus Disruption

The reaction of the bitcoin market to the first rate cut from the Federal Reserve since December 2008, during the global financial crisis, is being carefully observed by the crypto community and may eventually reveal the cryptocurrency’s true nature.

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.

Hedera Hashgraph’s Launches New Consensus Service Which Could Be Leveraged by IBM’s Hyperledger Fabric

Hedera Hashgraph’s Launches New Consensus Service Which Could Be Leveraged by IBM’s Hyperledger Fabric

Hedera Hashgraph released its Hedera consensus service (HCS), which can be used by external centralized applications, including IBM’s Hyperledger Fabric. Hedera Hashgraph’s governance board includes Boeing, Deutsche Telekom, IBM, Nomura, and recently, Google.

Kakao Affiliates Face Probe Over Crypto Misappropriation Allegations

Kakao Affiliates Face Probe Over Crypto Misappropriation Allegations

Prosecution delves into allegations of cryptocurrency embezzlement & breach of trust against ex-Kakao chairman & affiliate executives, marking the start of a formal inquiry with the examination of the complainant on Oct 11.

Facebook Moving Further Away From Libra, But Considering its Own Digital Token System

Facebook Moving Further Away From Libra, But Considering its Own Digital Token System

Facebook is now considering developing a system of digital tokens, pegged to different government-issued currencies including the US dollar and the euro. The new plan will still include Libra, although Libra Association, separately, will continue its work on the stablecoin pegged to a basket of global currencies.

USDC Holders Panic Sell Amid Solvency Concerns

USDC Holders Panic Sell Amid Solvency Concerns

On March 10, concerns about the solvency of USD Coin (USDC) led several holders to panic sell their holdings and switch to other stablecoins. One user lost over 2 million USDC in a failed attempt to exchange them for Tether (USDT) using KyberSwap's decentralized exchange aggregator. Tron founder Justin Sun reportedly withdrew 82 million USDC and exchanged them for Dai (DAI) using Aave v2, while IOSG Ventures sold 118.73 million USDC for 105.67 million USDT and 2,756 Ether (ETH). The USDC price has since slowly recovered, and Circle, the company behind USDC, disclosed holding $3.3 billion at the Silicon Valley Bank.

Browser Extension Reveals Twitter Blue Accounts

Browser Extension Reveals Twitter Blue Accounts

A browser extension named "Eight Dollars" is helping Twitter users distinguish between actual verified accounts and Twitter Blue subscribers, who pay for their verification badge. It shows whether an account has paid for verification or earned it through the traditional process.

“We Can’t Let China Beat Us,” Document shows US Regulators Want to Pass a National Blockchain Bill

“We Can’t Let China Beat Us,” Document shows US Regulators Want to Pass a National Blockchain Bill

Lawmakers in the US are coaxing the federal government to consider a national blockchain strategy for regulation and growth, citing China’s Blockchain Service Network as an example.

OKEX Suspends Withdrawals Causing a Bitcoin and OKB Token Price Plunge

OKEX Suspends Withdrawals Causing a Bitcoin and OKB Token Price Plunge

OKEx has caused a mild selling panic in the crypto markets after suspending withdrawal services to cooperate with an investigation with the BTC price plunging nearly 3%.

Bank of Russia Delays CBDC Pilot Rollout

Bank of Russia Delays CBDC Pilot Rollout

The Bank of Russia's CBDC pilot rollout has been delayed indefinitely due to legislation only passing through the first reading. The number of participating private banks has also changed to 13 from 15, with the pilot involving real operations and limited consumers.

Grimes Offers to Split Royalties with AI-Generated Music Creators

Grimes Offers to Split Royalties with AI-Generated Music Creators

Musician and producer Grimes has announced that she is in favor of AI-generated music and will treat AI creators using her voice the same as other artists she collaborates with. She plans to split 50% royalties on any successful AI-generated song that uses her voice. Grimes has no label and supports open-sourcing art, ultimately “killing copyright.”

Ethereum 2.0 Continues to Gain Steam, Staked ETH Tops 10 Million

Ethereum 2.0 Continues to Gain Steam, Staked ETH Tops 10 Million

The transition to Ethereum 2.0, which was renamed the consensus layer, continues to gain momentum because the amount of staked Ether is nearly 10% of the entire ETH supply.

IOTA Launches Austria State-Backed Christian Doppler Laboratory for Blockchain Research

IOTA Launches Austria State-Backed Christian Doppler Laboratory for Blockchain Research

The IOTA Foundation is joining the new research laboratory for blockchain technologies for the Internet of Things (IoT) as an industrial partner.

Solana's SOL Price Predicted to Surpass $3000 in Bullish Scenario by 2030

Solana's SOL Price Predicted to Surpass $3000 in Bullish Scenario by 2030

VanEck's analysis suggests Solana could reach significant valuation by 2030 due to its technical innovations and user-focused applications. However, challenges like financial sustainability, technical stability, and developer adoption need to be addressed for this potential.

What Ripple Thinks of Flare Networks, as Whether Tokens Already Minted for Spark Token Airdrop Questioned

What Ripple Thinks of Flare Networks, as Whether Tokens Already Minted for Spark Token Airdrop Questioned

Ripple’s CEO Brad Garlinghouse expressed excitement for what the smart contract utility fork Flare Networks had in store.

Coinbase Crypto Exchange to Launch Bitcoin-Backed Loans to US Clients

Coinbase Crypto Exchange to Launch Bitcoin-Backed Loans to US Clients

Coinbase announced yesterday that it was going to offer Bitcoin-backed loans to their US customers, set to be in effect for fall of this year.

Leading Musicians Continue to Fight with Blockchain in Battle Against Piracy

Leading Musicians Continue to Fight with Blockchain in Battle Against Piracy

In recent years studies have shown that there has been a sharp decline in album sales net revenue, due to online piracy and illegal creation or sharing of property righted materials.

Crypto Risk Platform Solidus Labs Hires Former CFTC Commissioner Dawn Stump as Strategic Advisor

Crypto Risk Platform Solidus Labs Hires Former CFTC Commissioner Dawn Stump as Strategic Advisor

Solidus Labs seeks to transform financial risk monitoring. Dawn Stump will help solidus Labs pursue its mission to enable a safe and regulated crypto market.

Singapore Regulators and Banks Develop Crypto Customer Screening Standards

Singapore Regulators and Banks Develop Crypto Customer Screening Standards

Singapore's monetary authority and police forces are collaborating with traditional banks to optimize their procedures for opening accounts for digital asset service providers. After six months, results and conclusions for risk management and due diligence will be published. The guidelines will cover stablecoins, NFTs, and transferable gaming or streaming credits, with banks reserving the right to make decisions based on their own risk assessment.

SEC to Regulate Binance Chain With Blockchain Analytics Firm CipherTrace

SEC to Regulate Binance Chain With Blockchain Analytics Firm CipherTrace

The US Securities and Exchange Commission plans to award CipherTrace blockchain analytics firm with a contract pertaining to Binance Chain.

Crypto Exchange Bit.com Rolls Out Savings Product and USDT Margined Futures

Crypto Exchange Bit.com Rolls Out Savings Product and USDT Margined Futures

Bit.com, a Singapore-based crypto exchange owned by Matrixport, has launched a new savings product and USDT margined futures to diversify the cryptocurrency options offered.

Terraform Labs Seeks Citadel Securities' Trading Data amid SEC Lawsuit

Terraform Labs Seeks Citadel Securities' Trading Data amid SEC Lawsuit

Terraform Labs has filed a motion against Citadel Securities seeking critical trading data for its defense in a lawsuit by the SEC. The case revolves around market destabilization allegations during the May 2022 Depeg event of TerraUSD stablecoin. The motion urges disclosure of trading strategies between March and May 2022, amidst indications of Citadel Securities' alleged intentions to short UST. Terraform Labs stresses the documents' importance in countering the SEC's fraud allegations, proposing a transfer to another court for a decision if necessary.

BIS Conference Addresses Cybersecurity in Central Bank Digital Currencies (CBDC)

BIS Conference Addresses Cybersecurity in Central Bank Digital Currencies (CBDC)

Agustín Carstens, General Manager of the Bank for International Settlements, highlighted the importance of cybersecurity for central bank digital currencies (CBDCs) during a conference in Basel, Switzerland, emphasizing the need for secure, user-friendly, and adaptable systems.

Data-Hungry: Official Trump 2020 Election App Collects User Data of Voters

Data-Hungry: Official Trump 2020 Election App Collects User Data of Voters

US president Donald Trump’s campaign app “Official Trump 2020 App” raised a lot of skepticism, as it has been uncovered that the election app collected mast amounts of sensitive information on his voters.

Holon Partners with Gemini, Launches Australia’s Lowest Fee Crypto ETFs

Holon Partners with Gemini, Launches Australia’s Lowest Fee Crypto ETFs

Holon has launched Australia’s first unlisted retail Bitcoin, Ethereum and Filecoin funds. The crypto funds provide investors with low fees and regulated access to the burgeoning blockchain and crypto worlds.

NFT Platform LÜM Cooperates with 25 World-renowned Musicians to Launch the "Access Pass" NFT

NFT Platform LÜM Cooperates with 25 World-renowned Musicians to Launch the "Access Pass" NFT

U.S.-based music blockchain NFT platform LÜM has announced a partnership with 25 world-renowned musicians to launch the “Access Pass” NFT.

Tether Holdings Hires Major Wall Street Firm to Manage Treasury Portfolio

Tether Holdings Hires Major Wall Street Firm to Manage Treasury Portfolio

Tether has recruited a Wall Street company to handle its Treasury holdings.

Signature Bank Under Investigation by US Government Bodies

Signature Bank Under Investigation by US Government Bodies

Signature Bank is reportedly under investigation by both the Securities and Exchange Commission and the Department of Justice over concerns that the bank did not take adequate measures to detect potential money laundering by its clients. The bank was closed on March 12 as part of a series of bank closures that also included Silvergate Capital and Silicon Valley Bank.

Is Bitcoin Getting Ready for a Bullish Continuation?

Is Bitcoin Getting Ready for a Bullish Continuation?

After nosediving below the psychological price of $40K over the weekend, Bitcoin is back to winning ways.

“Bitcoin Has Depreciated in Half” Says Clueless Chechen Republic Leader Kadyrov

“Bitcoin Has Depreciated in Half” Says Clueless Chechen Republic Leader Kadyrov

Ramzan Kadyrov, the Head of the Chechen Republic has a strong distrust of Bitcoin, along with a profoundly confused understanding of BTC price.

Exclusive: Access, Connectivity and Inclusion—How UNICEF Leverages Blockchain to Close the Digital Divide

Exclusive: Access, Connectivity and Inclusion—How UNICEF Leverages Blockchain to Close the Digital Divide

Christina Lomazzo is the Blockchain Lead for UNICEF’s Office of Innovation; whose work mainly involves leading the blockchain efforts at UNICEF Ventures where she heads up a diverse team of six. Together they invest in early technology prototypes that they assess and determine could have an exponential impact on UNICEF’s operations and ability to fulfill its mission across the developing world.

Binance Australia Appoints Former DigitalX EXEC Leigh Travers as New CEO

Binance Australia Appoints Former DigitalX EXEC Leigh Travers as New CEO

Binance exchange officially announced yesterday that hired former DigitalX CEO and director Leigh Travers as the CEO of Binance Australia.

Deepak Chopra Partners with Hedera Hashgraph to Leverage Blockchain for COVID-19 Mental Health Support

Deepak Chopra Partners with Hedera Hashgraph to Leverage Blockchain for COVID-19 Mental Health Support

Renown Indian-American author Deepak Chopra discussed how blockchain technology could help in improving mental health during the current pandemic crisis.

US DHS Cybersecurity Official Expects to be Fired in Trump’s Post-Election Purge for Debunking Fake News

US DHS Cybersecurity Official Expects to be Fired in Trump’s Post-Election Purge for Debunking Fake News

A United States Homeland cybersecurity official, Christopher Krebs expects to be cut in President Trump’s post-election purge for proactively debunking disinformation.

Thai Political Party Proposes Digital Currency Stimulus

Thai Political Party Proposes Digital Currency Stimulus

The Pheu Thai Party in Thailand plans to give all Thai residents over the age of 16 a stipend of $300 in digital currency if the party wins the next election. The initiative aims to stimulate the local economy using blockchain technology.

Ripple CEO Brad Garlinghouse Criticizes India’s New Bill Seeking to Ban Crypto Trading

Ripple CEO Brad Garlinghouse Criticizes India’s New Bill Seeking to Ban Crypto Trading

Ripple CEO has responded to reports that India intends to introduce a ban on crypto trading.

Busan's digital exchange plans exclude global crypto exchanges.

Busan's digital exchange plans exclude global crypto exchanges.

Busan, the city of South Korea, has moved a step closer to forming a local crypto exchange. But it has dropped most of the global centralized exchanges from its plan after FTX's collapse. The five exchanges included Binance, Crypto.com, Gate.io, Huobi Global and FTX. Busan City intends to establish an exchange that divides digital assets into securities and non-securities.

South Dakota Governor Vetoes Bill Excluding Cryptocurrencies from State's Definition of Money

South Dakota Governor Vetoes Bill Excluding Cryptocurrencies from State's Definition of Money

Governor Kristi Noem of South Dakota has vetoed House Bill 1193, which sought to exclude cryptocurrencies from the state's definition of money. The governor believes that the bill would put South Dakota at a disadvantage and potentially lead to future overreach from the federal government in issuing a digital dollar.

Binance Australia Derivatives starts closing certain positions and accounts

Binance Australia Derivatives starts closing certain positions and accounts

Binance Australia Derivatives are for wholesale investors exclusively, according to a separate notification.

US Banking Crisis Fuels Regulation Debate

US Banking Crisis Fuels Regulation Debate

The recent fall of major banks in the US has reignited discussions about the most effective ways to safeguard the economy. Economist Peter Schiff argues that increasing banking regulations could contribute to a worsening economic crisis, while a group of economists warns that nearly 190 US banks are at risk of depositor-driven collapse due to monetary policies.

BTG Pactual Launches Stablecoin Backed by USD

BTG Pactual Launches Stablecoin Backed by USD

Brazilian investment bank BTG Pactual has launched its own stablecoin, BTG Dol, which is pegged to the value of the US dollar on a 1:1 ratio. The stablecoin will allow customers to "dollarize" a portion of their equity and will facilitate interaction between traditional finance and the digital economy.

French Giant Bank BNP Paribas to Launch Crypto Custody Business

French Giant Bank BNP Paribas to Launch Crypto Custody Business

BNP Paribas has partnered with Metaco to enter the cryptocurrency custody business. The bank will focus on providing institutional-grade custody for digital assets.

Block's AUD$3M Investment Boosts Indigenous Business Sector in Australia

Block's AUD$3M Investment Boosts Indigenous Business Sector in Australia

Block Inc. invests AUD$3 million in First Australians Capital's new fund, supporting Indigenous businesses in Australia, aiming to empower entrepreneurs, foster economic growth, and create community wealth.

Cardano Releases New Daedalus Wallet for the Shelley Testnet Ahead of Shelley Hard Fork

Cardano Releases New Daedalus Wallet for the Shelley Testnet Ahead of Shelley Hard Fork

Input Output (IOHK), the blockchain engineering company behind Cardano has released the new Daedalus wallet for the Shelley testnet, less than a week after the Cardano Virtual Summit.

Argo Blockchain IPO: Lawsuit Claims Miner Made Untrue Statements

Argo Blockchain IPO: Lawsuit Claims Miner Made Untrue Statements

Argo Blockchain's 2021 IPO investors launched a class-action lawsuit.

Circle Partners with Cross River Bank for USDC Production and Redemption

Circle Partners with Cross River Bank for USDC Production and Redemption

Circle has partnered with Cross River Bank for USDC production and redemption, as well as expanded relationships with other banking partners like BNY Mellon. The USDC stablecoin recently experienced a peg-breaking incident but has since recovered.

South Korea's Top Remittance Payment Company Global Money Express Joins RippleNet to Expand Payments into Thailand

South Korea's Top Remittance Payment Company Global Money Express Joins RippleNet to Expand Payments into Thailand

Ripple has established a connection with Global Money Express, Korea’s top non-bank remittance payment company to link with Thailand’s Siam Business Bank.

Nexus Mutual Enters Bancor’s DAO Ecosystem to Generate Protocol-Owned Liquidity

Nexus Mutual Enters Bancor’s DAO Ecosystem to Generate Protocol-Owned Liquidity

To gain durable decentralized liquidity, Nexus Mutual, an Ethereum-based insurance platform, staked treasury funds worth $2 million in the form of wrapped NXM (wNXM) tokens in decentralized trading protocol Bancor.

Tether Boosts US Treasury Holdings Behind USDT, Further Reducing Commercial Paper

Tether Boosts US Treasury Holdings Behind USDT, Further Reducing Commercial Paper

Tether said it has increased its investments in US Treasury bills backing its $68 billion stablecoin.

AI : Experts Predict Human-Level Intelligence Within Decades

AI : Experts Predict Human-Level Intelligence Within Decades

A 2023 Oxford University survey forecasts a 50% chance of AI surpassing human performance in a decade, potentially reshaping jobs and industries by 2116. This rapid AI development calls for equitable access and bias mitigation.

Dogecoin Becomes The 8th Largest Cryptocurrency, Overtaking Cardano

Dogecoin Becomes The 8th Largest Cryptocurrency, Overtaking Cardano

Dogecoin overtook Cardano to become the world’s 8th most valuable crypto asset by market cap at $17.9 billion

Will The Outcome of Biden-Trump US Presidential Race Affect Crypto?

Will The Outcome of Biden-Trump US Presidential Race Affect Crypto?

Market experts have debated whether the outcome of today's US presidential election will affect the crypto industry.

3 Website Operators Lured Romance-Seeking Victims Into Their Fraud

3 Website Operators Lured Romance-Seeking Victims Into Their Fraud

Three website operators lured romance seekers with their bogus bitcoin investment scam.

Finland Tracks Monero in High-Profile Cybercrime Cas

Finland Tracks Monero in High-Profile Cybercrime Cas

Finnish authorities traced Monero transactions in the Julius Aleksanteri Kivimäki trial, highlighting challenges in tracking privacy-focused digital currencies, a significant development in cryptocurrency-related cybercrime investigations.

Trust Wallet Partners with Ramp and MoonPay for Crypto-to-Fiat Withdrawals

Trust Wallet Partners with Ramp and MoonPay for Crypto-to-Fiat Withdrawals

Trust Wallet has partnered with Ramp and MoonPay to offer seamless crypto-to-fiat withdrawals for its users. The feature allows Trust Wallet users to convert crypto to fiat directly within the app, eliminating the need for transferring funds to a centralized wallet. This development comes at a time when centralized exchanges and P2P platforms are shutting down.

Blockchain Market Report: 2019 H1 Review

Blockchain Market Report: 2019 H1 Review

Report: 2019 H1 Review

Circle Rolls Out Native USDC on the Celo Blockchain, Expanding Stablecoin Access

Circle Rolls Out Native USDC on the Celo Blockchain, Expanding Stablecoin Access

Circle has integrated USDC directly onto the Celo blockchain, enabling faster and cheaper transactions with its native stablecoin. This aligns with Circle and Celo's shared mission of increasing financial access.

Three Ex-Citi Executives Launch Crypto Investment Firm

Three Ex-Citi Executives Launch Crypto Investment Firm

Three former Citi executives have started a new crypto investment firm named Motus Capital.

Former Twitter CEO Parag Agrawal's AI Startup Raises $30 Million

Former Twitter CEO Parag Agrawal's AI Startup Raises $30 Million

Ex-Twitter CEO Parag Agrawal's new AI startup secures $30 million in funding, focusing on software for large language model developers. Backed by prominent investors, the venture reflects Agrawal's shift from social media to AI innovation.

UK Watchdog Proposes Tougher Advertising Rules

UK Watchdog Proposes Tougher Advertising Rules

If the UK Government approves the FCA's plan, crypto businesses from abroad may have to meet additional conditions to advertise to UK clients.

Ripple CEO Urges US Regulators to Embrace Crypto as Country Risks Falling Behind China

Ripple CEO Urges US Regulators to Embrace Crypto as Country Risks Falling Behind China

CEO of Ripple, Brad Garlinghouse, has disclosed how China has taken the lead in blockchain and crypto as the US risks losing out.

Gold-Backed Digital Assets Were Issued By Russia's Biggest Bank

Gold-Backed Digital Assets Were Issued By Russia's Biggest Bank

The first gold-backed digital financial assets were issued by Russia's biggest bank, Sber (previously Sberbank) (DFAs). Gold-backed DFAs represent certified monetary rights whose price and volume rely on gold prices. In July, Sber issued three-month assets worth 1 billion roubles.

Sushiswap Founder Transferred Control of the Project to FTX's CEO, What's Behind This Event?

Sushiswap Founder Transferred Control of the Project to FTX's CEO, What's Behind This Event?

Chef Nomi, the founder of decentralized exchange SushiSwap, has tranferred the SushiSwap control to FTX CEO. What's behind the event and Who is Chef Nomi?

IRS Delays Crypto Reporting Requirements for US Businesses

IRS Delays Crypto Reporting Requirements for US Businesses

The IRS delays enforcing crypto transaction reporting requirements for US businesses, pending a comprehensive regulatory framework. This follows the crypto community's concerns over the practical challenges of complying with the Infrastructure Investment and Jobs Act's rules.

OpenBazaar Set for a Comeback

OpenBazaar Set for a Comeback

OpenBazaar, a decentralized marketplace that was shut down in 2020, appears set for a comeback. Recent updates on social media and GitHub indicate progress on building a new version of the marketplace using the programming language Rust. Former project lead Brian Hoffman has hinted at the marketplace's return, citing "freedom of exploration" as a key factor in its revival.

Tesla Inc Purchases $1.5 Billion in Bitcoin and Plans to Begin Accepting BTC Payments

Tesla Inc Purchases $1.5 Billion in Bitcoin and Plans to Begin Accepting BTC Payments

As per the US SEC filing announced on Monday, February 8, Tesla has invested $1.5 billion into Bitcoin and intends to accept the crypto payments.

Visa Approves Australian Startup CryptoSpend to Issue Debit Cards in Cryptos

Visa Approves Australian Startup CryptoSpend to Issue Debit Cards in Cryptos

The world's leading payment giant Visa approves the Australian startup CryptoSpend to issue debit cards for its customers to consume through cryptocurrencies.

Ethereum User Paid $2.6 Million in Transaction Fees to Send Just $130

Ethereum User Paid $2.6 Million in Transaction Fees to Send Just $130

A user paid millions of dollars in Gas fees just to send $130 worth of Ether.

US Crypto Lender Celsius to Stop Paying Interests to Unaccredited Investors

US Crypto Lender Celsius to Stop Paying Interests to Unaccredited Investors

In line with regulatory demands, American crypto lender, Celsius has shared details of a restructuring to its Earn product which will now be limited to only Accredited investors.

Shares Price & Memecoins Soars after Elon Musk Appointed as Twitter's Board of Directors

Shares Price & Memecoins Soars after Elon Musk Appointed as Twitter's Board of Directors

Twitter shares soared Monday after the acquisition from Elon Musk, the CEO of Tesla Inc, who becomes the largest shareholder and is appointed to the board of directors of Twitter.

SEC New Accredited Investor Definition Could Increase Access to Certain Crypto-Related Products

SEC New Accredited Investor Definition Could Increase Access to Certain Crypto-Related Products

The United States Securities and Exchange Commission (SEC) is looking to allow more individuals and entities to participate in private capital markets.

Allison Herren Lee Steps Down as US SEC Commissioner

Allison Herren Lee Steps Down as US SEC Commissioner

Commissioner Allison Herren has departed the SEC. Her departure gives Biden more room to fill the role at the agency.

Binance Accelerates LUNC Burn, Fuels Market Optimism with Over 49 Billion Tokens Burned

Binance Accelerates LUNC Burn, Fuels Market Optimism with Over 49 Billion Tokens Burned

Binance's recent burning of 5.57 billion Terra Luna Classic tokens has significantly reduced LUNC supply, leading to a 7% increase in LUNC and USTC prices.

10,000 New Blockchain Companies Founded in China Despite COVID-19

10,000 New Blockchain Companies Founded in China Despite COVID-19

COVID-19 has not prevented blockchain companies in China from emerging at a dramatic speed.

Bitfarms Settles Debt with BlockFi

Bitfarms Settles Debt with BlockFi

Bitfarms and BlockFi collaborate via Backbone Mining Company, a completely owned subsidiary.

Ontario Teachers Pension Floats with FTX Trading amid Crypto Volatility

Ontario Teachers Pension Floats with FTX Trading amid Crypto Volatility

Despite market volatility and a recent decline in value, Ontario Teachers Pension has continued embracing its crypto business investments.

Kraken Launches Kusama Parachain Auction Platform,Driving it Surging by 19.07%

Kraken Launches Kusama Parachain Auction Platform,Driving it Surging by 19.07%

Cryptocurrency exchange Kraken official announced to launch of the Kusama Parachain Auction platform. Kraken will support users of the exchange to bid on the Karura and Shiden projects.

Binance Ends USDC Transactions on TRC20 Network

Binance Ends USDC Transactions on TRC20 Network

Binance will stop supporting USDC transactions on the TRC20 network from April 5, 2024, in response to Circle's policy changes.

Bitcoin Whales and Large-Scale Institutions “All-In” on Bitcoin During COVID-19, Retail Investors Are More Cautious

Bitcoin Whales and Large-Scale Institutions “All-In” on Bitcoin During COVID-19, Retail Investors Are More Cautious

Coronavirus has led many investors to turn to Bitcoin as a hedge, but the way in which individual and institutional investors leverage the digital asset differ.

Federal Reserve Chair Powell Sees Interest Rate Hike this Month

Federal Reserve Chair Powell Sees Interest Rate Hike this Month

Mr. Powell reiterated that the US Federal Reserve is preparing to increase interest rates this month, despite the uncertainty of Ukraine crisis remain.

Chinese Police Discover Illegal Bitcoin Mining Activity in Mysterious Graves

Chinese Police Discover Illegal Bitcoin Mining Activity in Mysterious Graves

Police in China recently discovered illegal Bitcoin mining, which was buried underneath a local cemetery. Power losses within the area caused the initial suspicion. A Chinese oil field company submitted a tip to the local police requesting them to investigate suspicious power losses in the northern city of Daqing, Heilongjiang province. The police officers arrived at the scene and spotted mysterious two grave mounds lying in the field.

Bridging the Accessibility Divide in AI: New Study Insights

Bridging the Accessibility Divide in AI: New Study Insights

New study highlights the need for inclusive design in AI-powered information systems, vital for users with low literacy.

Terra Expands Stablecoin Reserve by Purchasing $100m worth of Avalanche Tokens

Terra Expands Stablecoin Reserve by Purchasing $100m worth of Avalanche Tokens

The Luna Foundation Guard (LFG), primarily focused on the Terra blockchain, expands its TerraUSD (UST) stablecoin reserve by purchasing $100 million worth of Avalanche tokens.

Iranians Permitted to Trade on Binance, Despite US Imposes Sanctions: Reuters

Iranians Permitted to Trade on Binance, Despite US Imposes Sanctions: Reuters

Reuters said Binance exchange permitted Iranian users to trade on its platform after the United States reimposed sanctions on the country in 2018.

Abacus Life Partners With Blockcerts to Introduce Blockchain-Powered Insurance

Abacus Life Partners With Blockcerts to Introduce Blockchain-Powered Insurance

Abacus Life Settlements, a buyer of life insurance policies in the US, has teamed up with BlockCerts to introduce blockchain-enabled insurance and longevity-related assets.

Acala Network's aUSD Depegged from Dollar Mark after Breach

Acala Network's aUSD Depegged from Dollar Mark after Breach

Acala Network's stablecoin was depegged from the dollar mark on Sunday following a breach. A vote was proposed to pause operations on Acala after it noticed configuration issues regarding the Horizon protocol, which affects its stablecoin aUSD.

US Treasury Invites Public Opinions on Digital Assets Framework

US Treasury Invites Public Opinions on Digital Assets Framework

The US Treasury Department has requested US citizens to comment on how Biden's Executive Order on digital assets could be streamlined and modernized.

Robinhood Lists USDC as First Stablecoin on Trading Platform

Robinhood Lists USDC as First Stablecoin on Trading Platform

Robinhood has adopted the second-largest stablecoin for trading transactions.

Bitcoin Forms “Ascending Triangle”, Tries to Rebound Above $35,000 Crucial Level

Bitcoin Forms “Ascending Triangle”, Tries to Rebound Above $35,000 Crucial Level

Bitcoin has formed an ascending Triangle thus hinting a bullish trend. The cryptocurrency will need to reclaim the $35,000 level as resistance to avoid bull-ending price action.

Cryptocurrency exchange Huobi Global is seeking a license in Hong Kong

Cryptocurrency exchange Huobi Global is seeking a license in Hong Kong

Singapore-based cryptocurrency exchange Huobi is considering expanding into Hong Kong, where regulatory changes are underway.

Usain Bolt Partners with Step App to Propel Healthier World

Usain Bolt Partners with Step App to Propel Healthier World

Usain Bolt, the 8-time Olympic gold medalist and 11-time world champion, has teamed up with Step App to take fitness and exercise a notch higher by incorporating Web3 and the metaverse.

JPMorgan Blockchain Spin-Off Kadena Releases Blockchain-Based App that Verifies Coronavirus Tests

JPMorgan Blockchain Spin-Off Kadena Releases Blockchain-Based App that Verifies Coronavirus Tests

Kadena launches a blockchain-based app that compliments COVID-19 testing, in a united effort to prevent data falsification.

Russia’s Tinkoff Faces Regulatory Challenges to Offer Crypto Investments

Russia’s Tinkoff Faces Regulatory Challenges to Offer Crypto Investments

Tinkoff's CEO complained that Russia's biggest online bank is unable to offer cryptocurrencies for clients due to the tough stance from Russia's central bank.

COVID-19 Pandemic-Induced Crisis is Pushing CBDC Adoption, says Bank of Russia

COVID-19 Pandemic-Induced Crisis is Pushing CBDC Adoption, says Bank of Russia

Financial regulators are keeping a keen eye on central bank digital currencies (CBDCs) because they see them as silver linings.

Ripple's CEO Discloses to Spend over $100m Fighting Legal Battle with SEC

Ripple's CEO Discloses to Spend over $100m Fighting Legal Battle with SEC

Brad Garlinghouse, Ripple's CEO, has disclosed that the company will need to spend over $100 million on lawsuits with the US Securities and Exchange Commission (SEC) for regulation issues.

UK Finance Ministry Proposes Safety Net Measures against Stalling Stablecoins

UK Finance Ministry Proposes Safety Net Measures against Stalling Stablecoins

The proposals presented by the British finance ministry are aimed to mitigate risks related to stablecoins amid the recent TerraUSD de-pegging fiasco.

Why Bitcoin Has Threatened US Dollar Dominance and Federal Reserve

Why Bitcoin Has Threatened US Dollar Dominance and Federal Reserve

How Bitcoin has threatened US dollar dominance and Federal Reserve power, and has been reducing the role of the government in issuing money.

SushiSwap CEO Proposes New Token Model

SushiSwap CEO Proposes New Token Model

SushiSwap's CEO, Jared Grey, is leading a community proposal to revamp the platform's tokenomics, aiming to improve reward efficiency, recalibrate incentives, and diversify revenue streams.

Circle's USDC Reserve Exposure and Potential Risks

Circle's USDC Reserve Exposure and Potential Risks

Circle's latest audit report reveals that the company's exposure to the US banking system stands at nearly $9 billion, with its reserves held by a number of regulated financial institutions, including SVB, BNY Mellon, and Silvergate. However, recent events such as the shutdown of SVB and Silvergate's decision to shut down its crypto bank arm have raised concerns about potential risks for Circle and its stablecoin USDC.

Shiba Inu Shibarium Introduces Wrapped BONE and Hosted Blockscout Explorer

Shiba Inu Shibarium Introduces Wrapped BONE and Hosted Blockscout Explorer

Shibarium has 1 million wallets and near 1 million transactions. It launched a hosted Blockscout explorer and expanded its token bridge to include various tokens. The Wrapped BONE contract has been verified, and Shibarium plans to renounce the Bone contract.

FTX Japan users withdraw funds amid litigation

FTX Japan users withdraw funds amid litigation

Due to the large number of FTX-SBF victims, payment is projected to take time.

Leaked EU Commission Draft on Crypto Assets Law: How Will Cryptocurrency be Regulated?

Leaked EU Commission Draft on Crypto Assets Law: How Will Cryptocurrency be Regulated?

A leaked European Union legislative draft on digital assets reveals the country's plans for cryptocurrency trading and issuance across the nation.

Fonbnk and Tanda Partner to Launch Airtime Trading Marketplace in East Africa

Fonbnk and Tanda Partner to Launch Airtime Trading Marketplace in East Africa

Fonbnk and Tanda have partnered to launch an airtime trading marketplace in East Africa, allowing micro-entrepreneurs to earn revenue and store their profits in dollarized stablecoins. The partnership increases liquidity in the marketplace through the buying and selling of prepaid airtime for profit, providing more earning opportunities and creating a growth flywheel effect through improved liquidity and marketplace efficiency.

SushiSwap Receives 130,000 UNI Tokens from Uniswap, Crypto Community Outraged

SushiSwap Receives 130,000 UNI Tokens from Uniswap, Crypto Community Outraged

Decentralized exchange platform Uniswap just launched its own governance token UNI today, and 130,000 UNI tokens were gifted to its hard fork SushiSwap.

CCI Poll Highlights Crypto Influence on 2024 US Election

CCI Poll Highlights Crypto Influence on 2024 US Election

The CCI poll indicates that 83% of crypto-focused voters are expected to be a significant swing bloc in the 2024 US elections.

Mastercard VP On Blockchain, Digital Assets and CBDC: “Everything Ends in Transactions and Payments”

Mastercard VP On Blockchain, Digital Assets and CBDC: “Everything Ends in Transactions and Payments”

Ashok Venkateswaran, Mastercard’s Blockchain and Digital Assets Lead, Asia Pacific shares insights on the payment giant's new blockchain and digital initiatives.

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.

OKX Wallet Integrates Oxalus, Aark Digital, KiloEx, and Pendle in One Week

OKX Wallet Integrates Oxalus, Aark Digital, KiloEx, and Pendle in One Week

OKX Wallet has partnered with Oxalus, Aark Digital, KiloEx, and Pendle in just one week, solidifying its position in the blockchain and cryptocurrency landscape.

USDT Sees Rise on Ukraine's Kuna Exchange Following Russia Attack

USDT Sees Rise on Ukraine's Kuna Exchange Following Russia Attack

The price of Tether's USDT stablecoin soared to 36.97 Ukrainian hryvnias (UAH) ($1.23) on Ukraine's Kuna exchange on Thursday, following the ongoing invasion from Russia.

WEF Launches Coalition to Deal with Climate Change through Web3.0

WEF Launches Coalition to Deal with Climate Change through Web3.0

The World Economic Forum (WEF) has established a Crypto Sustainability Coalition to investigate the capability of Web3 in tackling climate change.

Jul 13 Trading Analysis: Dont confuse the lack of volatility with stability

Jul 13 Trading Analysis: Dont confuse the lack of volatility with stability

BTC has been relatively unaspiring this weekend as ALTs continue to steal the limelight with LINK, Tezos, and Defi names making good gains. For example, ChainLink has hit an all-time high over the weekend with the market pundits citing near record network usage and mainstream adoption (over 45 partners since April). Strategy: Continue to load up BTC options 8-8.5k puts,,,,,

Wormhole Foundation Launches STIP Grant with 1.8M ARB to Boost Arbitrum Ecosystem

Wormhole Foundation Launches STIP Grant with 1.8M ARB to Boost Arbitrum Ecosystem

The Wormhole Foundation's STIP Grant, funded by a 1.8M ARB grant from Arbitrum DAO, incentivizes USDC migration to Arbitrum to enhance liquidity and network growth.

Why the World Needs a Blockchain Consensus Operating System

Why the World Needs a Blockchain Consensus Operating System

The true potential of blockchain to transform the lives of people around the world has clearly not been realised.

Binance tightens NFT rules, announces delistings and KYC

Binance tightens NFT rules, announces delistings and KYC

Binance has tightened NFT listings. Binance will delist NFTs having an average daily trading volume below $1,000 listed before Oct. 2, 2022. After that, NFT artists may only manufacture five digital collectibles every day.

Senate Rejects Second Stimulus, Markets Plunge and Bitcoin Price Predicted to Crash to $8,000 in September

Senate Rejects Second Stimulus, Markets Plunge and Bitcoin Price Predicted to Crash to $8,000 in September

Our analysis predicts that the Bitcoin price could crash down to $8,000 following the rejection of the United States' second stimulus by Senate Democrats.

Blockchain.com Accepts Visa Debit Cards for Crypto Payment

Blockchain.com Accepts Visa Debit Cards for Crypto Payment

Blockchain.com has launched Visa debit cards to enable users to spend from their crypto balances free of charge, with the opportunity to gain cryptocurrency rewards.

Blender is relaunched as Sinbad

Blender is relaunched as Sinbad

Elliptic, a crypto risk management organization, hypothesized that Blender renamed to Sinbad to "earn confidence from users" and escape fines.

VeChain and Alipay Join China-Australia Blockchain Supply Chain Project for Sustainable Shipping

VeChain and Alipay Join China-Australia Blockchain Supply Chain Project for Sustainable Shipping

A joint Australian-Chinese supply chain and trade finance project got a major boost last week as AliPay, Mastercard, and crypto firm VeChain joined the initiate.

Hector Network Partners with German Side Borussia Dortmund

Hector Network Partners with German Side Borussia Dortmund

Hector Network, a Web3 technology company, and sponsor has partnered with revered German football club, Borussia Dortmund

First Bitcoin Mixer Slapped with $60M Fine by FinCEN in Money Laundering Crackdown

First Bitcoin Mixer Slapped with $60M Fine by FinCEN in Money Laundering Crackdown

FinCEN charged a Bitcoin-mixing operator with a $60 million civil money penalty for violating anti-money laundering regulations.

Twitter’s Decentralized Workforce Can Work From Home Forever Following COVID Lockdown

Twitter’s Decentralized Workforce Can Work From Home Forever Following COVID Lockdown

Twitter employees have been given the autonomy to choose when they will return to work once the social media giant’s offices open following the COVID-19 pandemic lockdown.

Australia’s Finance Minister Warns Crypto are High Risk Assets

Australia’s Finance Minister Warns Crypto are High Risk Assets

Australia’s Financial Services Minister Jane Hume warned that the cryptocurrencies are volatile and high-risk assets, investors must be aware of risk after the recent massive price correction of the global crypto industry.

Global Microfinance Market Projected to Reach $506 Billion by 2030

Global Microfinance Market Projected to Reach $506 Billion by 2030

The global microfinance market, valued at $200 billion in 2022, is expected to grow to $506 billion by 2030, according to a new report by ResearchAndMarkets.com. The market is set to expand at a CAGR of 12.3% from 2022 to 2030. Microenterprises are identified as a vital growth driver for Microfinance Institutions (MFIs). The report also highlights the role of emerging technologies like AI and blockchain in shaping the industry.

Crypto Companies Will Reportedly Have No Presence During Super Bowl LVII

Crypto Companies Will Reportedly Have No Presence During Super Bowl LVII

In 2022, major crypto businesses released Super Bowl LVI ads, but at least four 2023 agreements failed to reach the endzone.

Proposal to Burn 1.3bn UST Tokens Wins Approval from Terra Governance

Proposal to Burn 1.3bn UST Tokens Wins Approval from Terra Governance

According to CoinGecko, the total number of tokens to be burnt equals more than 1.3 billion UST or around 11% of the existing 11.2 billion UST supply.

Nexo to terminate yield-bearing product after paying $45 million

Nexo to terminate yield-bearing product after paying $45 million

Nexo Capital's cryptocurrency yield-bearing product is being shut down in the US following a multi-million dollar settlement with the SEC and NASAA.

Elon Musk Hints at Possibility of Replacing Bitcoin Payments at Tesla with Dogecoin

Elon Musk Hints at Possibility of Replacing Bitcoin Payments at Tesla with Dogecoin

After announcing via Twitter that Tesla will stop accepting Bitcoin payments, CEO Elon Musk has hinted that the auto manufacturing giant may not be done with cryptocurrencies altogether.

Elon Musk and Joe Rogan Slam US Stimulus Money Printing and Incoming Inflation

Elon Musk and Joe Rogan Slam US Stimulus Money Printing and Incoming Inflation

Elon Musk appeared on the Joe Rogan Experience for the second time and had a few choice words regarding the coming inflation and creative monetary issuance coming into play due to the COVID market meltdown.

US Bankruptcy Filings Surge in 2023; Expected to Climb Further in 2024

US Bankruptcy Filings Surge in 2023; Expected to Climb Further in 2024

The 18% increase in US bankruptcy filings in 2023, marked by economic challenges post-pandemic and high interest rates, is expected to continue into 2024. The retail sector, in particular, may remain vulnerable, though some relief is anticipated from easing monetary policies.

The Bahamas Becomes First Country to Launch its CBDC, the ‘Sand Dollar’

The Bahamas Becomes First Country to Launch its CBDC, the ‘Sand Dollar’

The Bahamas has launched the Sand Dollar, making it the first country in the world to officially release a central bank digital currency (CBDC) beyond the testing phase.

Astar, Kabocha Lead in Polkadot and Kusama Auctions

Astar, Kabocha Lead in Polkadot and Kusama Auctions

Bill Laboon at Web3 Foundation highlights ongoing parachain lease auctions for Polkadot and Kusama networks, highlighting Astar's strong position and Kabocha's maintaining lead. He also discusses educational opportunities and grant programs.

PSG and Juventus Fan Crypto Token Prices Surge as Binance Listing Goes Live

PSG and Juventus Fan Crypto Token Prices Surge as Binance Listing Goes Live

Binance has just listed the crypto fan tokens of football giants Juventus and Paris St-Germain—both the JUV and PSG tokens have immediately recorded a token price surge.

SEC Files Application to Compel Elon Musk's Compliance with Subpoena

SEC Files Application to Compel Elon Musk's Compliance with Subpoena

The U.S. Securities and Exchange Commission (SEC) has filed an application to compel Tesla CEO Elon Musk to comply with an administrative subpoena. The SEC is investigating Musk's 2022 Twitter stock purchases and his related statements and SEC filings. Despite initially agreeing to testify, Musk later refused to comply with the subpoena, prompting the SEC to seek court intervention.

Russian Official Advocates Legalization of Bitcoin Mining

Russian Official Advocates Legalization of Bitcoin Mining

In a dramatic twist, the Russian Deputy Minister of Energy Evgeny Grabchak is pushing for the regulation of Bitcoin mining given the current realities in the country.

LSG Group Says Crypto Exchanges Dealing in Russia Could See Setbacks

LSG Group Says Crypto Exchanges Dealing in Russia Could See Setbacks

The head of the London Stock Exchange Group said that cryptocurrency exchanges engaging with Russia could see negative consequences as Western governments look for ways to tackle Moscow's invasion of Ukraine.

Elon Musk Warns of AI Destructive Potential

Elon Musk Warns of AI Destructive Potential

Tesla and Twitter CEO Elon Musk has voiced his concerns over the potential for artificial intelligence to destroy civilization. Despite Musk’s plan to create a new AI startup, he acknowledges the dangers of the technology falling into the wrong hands or being developed with ill intentions.

Universal Music Label Acquires Ape NFT to Build Virtual Music Group

Universal Music Label Acquires Ape NFT to Build Virtual Music Group

Universal Music Group has bought one of the popular NFT to build a virtual music group, according to Reuters.

MintDice—Rolling the Dice on Trust

MintDice—Rolling the Dice on Trust

MintDice is an online cryptocurrency casino that leverages the immutable trust-machine Blockchain. No, blockchain does not magically turn losers into winners or improve their odds, but players on the site will be able to know for certain that the odds didn’t change mid-spin, the game was played properly, and the stakes were real on both ends.

Prepare for Bitcoin’s Early Adopters (They’re Not Who You Expect)

Prepare for Bitcoin’s Early Adopters (They’re Not Who You Expect)

As the opt-out movement gains steam, another group of people may end up pushing crypto into the mainstream: old people and business leaders.

Tether Floats Mexican Pesos-based Stablecoin in Latin America

Tether Floats Mexican Pesos-based Stablecoin in Latin America

Tether Operations Limited, the blockchain startup behind the USDT stablecoin, has announced its entry into Latin America with the launch of the Mexican Pesos backed MXN₮ stablecoin.

Gary Gensler Wants Congress to Back the SEC in Regulating Crypto

Gary Gensler Wants Congress to Back the SEC in Regulating Crypto

SEC Chair Gary Gensler wants Congress to give his agency more powers to regulate the crypto industry.

NFT will Become the Revenue Model of Metaverse,Co-founder of Tether William Quigley says

NFT will Become the Revenue Model of Metaverse,Co-founder of Tether William Quigley says

William Quigley, the co-founder of the stablecoin- Tether (USDT), said the business model would undergo radical changes in the future. The delivery of non-fungible tokens (NFTs) will become the revenue model of Metaverse and Crypto.

Bitcoin, Crypto and Porn: Will the Adult Industry Boost the Market?

Bitcoin, Crypto and Porn: Will the Adult Industry Boost the Market?

The adult porn industry is a massive sector. Will it give crypto adoption a boost in the right direction? With many coins already in use, what has happened?

Crypto Bank Protego Trust Appoints Ron Totaro as CEO

Crypto Bank Protego Trust Appoints Ron Totaro as CEO

Ron Totaro comes with key leadership professional experience as digital asset bank Protego Trust seeks growth to continue serving the crypto marketplace.

Goldman Sachs Tells Investors Bitcoin Not Worthy of Investment

Goldman Sachs Tells Investors Bitcoin Not Worthy of Investment

The recent announcement that Goldman Sachs would be holding an investor conference call event to further discuss inflation, gold, and Bitcoin had captured the attention of the entire cryptocurrency industry. The investment bank called investors to discuss the “US Economic Outlook & Implications of Current Policies for Inflation, Gold, And Bitcoin”.

Will Ethereum Merge Trigger a Shift from Selling to Buying Pressure?

Will Ethereum Merge Trigger a Shift from Selling to Buying Pressure?

DeFi educator Korpi believes the merge of Ethereum will be a game-changer because structural supply will shift to structural buying.

US SEC Executive Who said Ethereum is Not a Security to Leave the Agency

US SEC Executive Who said Ethereum is Not a Security to Leave the Agency

The US SEC has announced that William Hinman, the current director of the Division of Corporate Finance, would leave the commission by the end of this year.

CME Group Proposes Direct Crypto Derivatives Trading to Regulators

CME Group Proposes Direct Crypto Derivatives Trading to Regulators

CME Group is now proposing a new approach to crypto derivatives. The new approach could signal big structural shifts for traditional financial derivatives away from intermediaries.

Vitalik Buterin: Time will Tell Whether the Hive Blockchain will Surpass Steem

Vitalik Buterin: Time will Tell Whether the Hive Blockchain will Surpass Steem

Justin Sun’s entry into Steemit is not going down well with the community. They have created a hard fork of the blockchain and named it Hive. Vitalik Buterin, Ethereum Founder, tweeted that Hive stands a test of time in demonstrating whether self-independence will be achieved.

Terra Classic (LUNC) Community Approves Landmark Proposal to Burn 800 Million USTC

Terra Classic (LUNC) Community Approves Landmark Proposal to Burn 800 Million USTC

The Terra Classic community has voted in favor of a proposal to burn 800 million USTC through contract migration, marking a pivotal governance decision.

No Plans to Launch Crypto Platform Yet: Nasdaq

No Plans to Launch Crypto Platform Yet: Nasdaq

Nasdaq plans to wait for further clarity in terms of crypto adoption globally, the company’s executive vice president and head of North American markets said.

U.S. Democrats Propose Bill to Restrict Russian Crypto Use amid Ukraine Crisis

U.S. Democrats Propose Bill to Restrict Russian Crypto Use amid Ukraine Crisis

U.S. Democratic senators have proposed a bill that intends to impose sanctions on foreign cryptocurrency companies that have partnerships with Russian entities, preventing them from bypassing U.S. sanctions.

Binance CEO Emphasizes Importance of Understanding Crypto for Proper Regulation

Binance CEO Emphasizes Importance of Understanding Crypto for Proper Regulation

During a fireside chat at the Hong Kong Web3 Festival, Binance CEO Changpeng Zhao (CZ) discussed the importance of regulators having a deep understanding of the crypto industry to properly regulate it. He emphasized the need for regulatory clarity and engagement with regulators. CZ also suggested that government efforts to restrict traditional financial markets may push more people towards crypto, ultimately leading to mass adoption.

Bitcoin Water Trust Receives Over $1.3M BTC Donations For Charity within Three Weeks

Bitcoin Water Trust Receives Over $1.3M BTC Donations For Charity within Three Weeks

The famous New York-based non-profit organization "Charity: water" has recently introduced the Bitcoin Water Trust establishment during the 2021 Miami Bitcoin Conference. The trust fund has received worth more than $1.3 million BTC donations within three weeks of the trust's launch.

Report: TON and Telegram Forge Alliance in Q3 2023

Report: TON and Telegram Forge Alliance in Q3 2023

The TON Ecosystem saw substantial growth and strategic alliances in Q3 2023. Notable highlights include a collaborative venture with Telegram, set to roll out the self-custodial wallet, TON Space, to Telegram's 800 million users, and a steady increase in TON accounts and on-chain active wallets. Various community initiatives and developer-centric events further illustrated TON's commitment to fostering a robust ecosystem, setting a solid foundation for its expansive vision in the crypto landscape.

Bitcoin is Still on Track of Hitting $100K in the Long Term, OKCoin CEO says

Bitcoin is Still on Track of Hitting $100K in the Long Term, OKCoin CEO says

Speaking on an interview Wednesday, Hong Fang, the CEO of crypto exchange OKCoin, opined that Bitcoin reaching $100,000 would not be a problem in the long term.

Crypto Exchange Refuses to Give Up Dissident Names to Belarus Government

Crypto Exchange Refuses to Give Up Dissident Names to Belarus Government

Belarus government officials have demanded that a Kuna.io crypto exchange disclose the names of potential dissidents that have leveraged their services.

Fidelity Set to Hire 100 Employees to Strengthen its Crypto Firm

Fidelity Set to Hire 100 Employees to Strengthen its Crypto Firm

Fidelity Digital Assets, the asset management Behemoth Fidelity's cryptocurrency division, has disclosed its plans to hire 100 new employees in the next six months to strengthen its workforce

US Regulator Crypto Custody Proposal Opposed

US Regulator Crypto Custody Proposal Opposed

The US SEC's proposal to amend its custody rule has faced opposition from the Blockchain Association and Andreessen Horowitz, who have filed letters criticising the rule's impact on investment advisers and its potential to curtail investment in digital assets. The SEC's proposal would apply more stringent rules on investment advisers in the custody of assets, including crypto.

Arthur Hayes Talks about BTC and SPX Post U.S. BTC ETF Launch

Arthur Hayes Talks about BTC and SPX Post U.S. BTC ETF Launch

Arthur Hayes has highlighted the evolving relationship between Bitcoin and the S&P 500, raising questions about market dynamics, liquidity, and future asset trajectory.

Neutral Third Party to Examine Celsius' Finances

Neutral Third Party to Examine Celsius' Finances

A neutral third party is set to examine the finances of Celsius Network which earlier this year filed for Chapter 11 bankruptcy.

New Wave of Green Energy Programs Influence Crypto Mining Sector

New Wave of Green Energy Programs Influence Crypto Mining Sector

The mass exodus of crypto mining operations out of China based on intensified crackdowns has triggered the urge for sustainable and environmentally friendly mining activities.

Digital Asset Investments Surge to $117 Million

Digital Asset Investments Surge to $117 Million

Last week, digital asset investment products experienced record inflows and volumes.

Breaking: Visa Expands Stablecoin Settlement On Solana

Breaking: Visa Expands Stablecoin Settlement On Solana

Visa has expanded its stablecoin settlement capabilities, incorporating the Solana blockchain and initiating pilot programs with merchant acquirers Worldpay and Nuvei. The move aims to modernize cross-border money movement by leveraging stablecoins like Circle's USDC. Visa has conducted live pilots, transferring millions of USDC between partners over Solana and Ethereum blockchain networks to settle fiat-denominated payments authorized via VisaNet. The new settlement options enable Visa to send funds on-chain to acquirers like Worldpay and Nuvei, serving various sectors.

Binance's New Blockchain Platform Aims to Build Web3 Infrastructure

Binance's New Blockchain Platform Aims to Build Web3 Infrastructure

BNB Chain stores storage metadata, while third-party storage providers store data.

MakerDAO Votes to Bring Another Commercial Bank Into Its Ecosystem

MakerDAO Votes to Bring Another Commercial Bank Into Its Ecosystem

MakerDAO is voting on adding a commercial bank.

Reuters: Binance Australia Users Rush to Sell Bitcoin Amid Payment Issues

Reuters: Binance Australia Users Rush to Sell Bitcoin Amid Payment Issues

According to a recent report by Reuters, Bitcoin prices on Binance's Australian platform were almost A$9,000 lower than those on rival exchanges on Tuesday.

SEC Rejects VanEck Spot Bitcoin Trust Proposal

SEC Rejects VanEck Spot Bitcoin Trust Proposal

The United States Securities and Exchange Commission has denied the proposal for a spot Bitcoin trust by investment manager VanEck. This decision follows a trend of the SEC denying every application for a spot Bitcoin trust over the last six years. Two SEC commissioners have released a statement criticizing the decision and alleging a double standard in the Commission’s approach to commodity-based exchange-traded products (ETPs).

Binance-Backed WazirX Exchange to Delist USDC, USDP & TUSD

Binance-Backed WazirX Exchange to Delist USDC, USDP & TUSD

Indian crypto platform WazirX has announced it will be delisting USD Coin (USDC), USDP, and TUSD in a move that is similar to its so-called parent company, Binance Exchange.

Russian Citizens Are Using P2P Bitcoin Markets to Escape Monolithic Banking System

Russian Citizens Are Using P2P Bitcoin Markets to Escape Monolithic Banking System

Crypto usage is growing in Russia, despite attempts by the government to make investment more difficult.

Tech Experts Urge Regulators to be Sceptical on Digital Currencies Innovation

Tech Experts Urge Regulators to be Sceptical on Digital Currencies Innovation

A group of technology innovators has sent a letter to the United States Congressional Leadership, Committee Chairs, and ranking members, urging them to take a sceptical approach to cryptocurrency innovations.

Crypto Firms Make Job Cuts Amidst Ongoing Crypto Winter

Crypto Firms Make Job Cuts Amidst Ongoing Crypto Winter

Protocol Labs, Chainalysis, and Bittrex slashed 216 employees during the crypto winter.

FLUUS Announces $FLUUS Token Presale On FantomStarter Launchpad

FLUUS Announces $FLUUS Token Presale On FantomStarter Launchpad

Crypto payment startup FLUUS announced it will be conducting a presale of its native token $FLUUS on the FantomStarter launchpad. The token will be available to buy at a discounted rate on the platform from May 2 - 23, with whitelisting available until May 17, before it becomes available to trade publicly on major cryptocurrency exchanges from May 24 onwards

Binance Launches Futures NEXT: Predict Token Listings and Earn Rewards

Binance Launches Futures NEXT: Predict Token Listings and Earn Rewards

Binance introduces Futures NEXT, a platform allowing users to predict token listings on USD‚ìà-M Futures market and earn rewards through a unique Pick system and multiplier-based vouchers.

Northern Trust Partners with NUS to Advance Blockchain for Institutional Investors

Northern Trust Partners with NUS to Advance Blockchain for Institutional Investors

Nasdaq listed company Northern Trust (NTRS), the National University of Singapore's School of Computing (NUS Computing), and the Asian Institute of Digital Finance (NUS AIDF) have announced a series of initiatives aimed at shaping the future of blockchain for institutional investors.

Blockchain Unleashed at the United Nations General Assembly on the Global Crisis

Blockchain Unleashed at the United Nations General Assembly on the Global Crisis

Greta Thunberg, the 16-year-old has been on the headlines for the global climate crisis movement and has delivered a compelling speech at the 73rd United Nations General Assembly (UNGA).

Wintermute Accuses Near Foundation and Aurora Labs of Failing to Honor USN Redemptions

Wintermute Accuses Near Foundation and Aurora Labs of Failing to Honor USN Redemptions

Wintermute criticizes Near Foundation and Aurora Labs for failing to fulfill USN redemption commitments, resulting in significant unredeemed funds. Seeking legal recourse and remaining adversarial if resolutions fail.

Aussie Trading Platform Collapses after User's Damning Complaints

Aussie Trading Platform Collapses after User's Damning Complaints

MyCryptoWallet, a platform that operates as a trading platform in Australia went bankrupt. A situation that was inevitable as many of the platform’s users started complaining that they were unable to access their funds on the exchange.

Australian Crypto Exchange BTC Markets Accidentally Exposes 270,000 Customer Names and Emails

Australian Crypto Exchange BTC Markets Accidentally Exposes 270,000 Customer Names and Emails

BTC Markets, the largest cryptocurrency exchange in Australia, has accidentally exposed customers’ data, an incident that has put users at risk of phishing attacks.

FTX Founder's Lawyers Consider Delaying Criminal Trial

FTX Founder's Lawyers Consider Delaying Criminal Trial

Lawyers representing FTX founder Sam Bankman-Fried have hinted that they may need to delay his criminal trial due to a lack of evidence from the Department of Justice (DOJ). The trial, which is scheduled to begin on October 2, will focus on fraud charges against Bankman-Fried. His lawyers have stated that they are still waiting for a "substantial portion" of evidence to be handed over to them, including evidence from devices belonging to former FTX employees who have pleaded guilty to fraud charges.

Celsius Network Shares Details of Its Creditor as it Raises Cyber Threat Concerns

Celsius Network Shares Details of Its Creditor as it Raises Cyber Threat Concerns

Bankrupt cryptocurrency company Celsius Network has disclosed the information of its creditors in a filing recently provided in court, including names, addresses, amount owed, and email addresses amongst others

DBS Declines to Offer Crypto Services to Retail Customers as Regulation Stiffens

DBS Declines to Offer Crypto Services to Retail Customers as Regulation Stiffens

Since regulators consider crypto coins to be ill-suited for retail consumers, DBS bank said that it will not offer such products to retail-banking clients any time soon.

Tether Criticizes UN Report for Overlooking USDT Traceability and Law Enforcement Collaboration

Tether Criticizes UN Report for Overlooking USDT Traceability and Law Enforcement Collaboration

Tether rebuts a UN report accusing USDT of facilitating illicit activities, underscoring its traceability and law enforcement collaboration, and highlighting USDT's positive impact on developing economies.

Ant Group's IPO Delay Bigger Concern for Asia Tech than US Election

Ant Group's IPO Delay Bigger Concern for Asia Tech than US Election

Could the suspension of Ant Group’s $34.5 billion IPO have a greater impact on Asia’s FinTech ecosystem than the United States election?

Will A Second Round of US Stimulus Payments Mean Another Bitcoin Bull Run?

Will A Second Round of US Stimulus Payments Mean Another Bitcoin Bull Run?

As the second round of the US economic stimulus package is about to begin, crypto experts have been speculating on whether Americans will once again redirect their stimulus checks towards Bitcoin investments.

Samsung Users Can Now Access TRON Blockchain Network from Their Devices

Samsung Users Can Now Access TRON Blockchain Network from Their Devices

The incorporation of TRON network into Samsung smartphones not only favor users in terms of security but also it could facilitate the direct integration of crypto-wallets.

Polkadot Reports Q3 Growth: New Parachains, Staking Metrics, and Technical Upgrades

Polkadot Reports Q3 Growth: New Parachains, Staking Metrics, and Technical Upgrades

Polkadot's ecosystem saw significant expansion in Q3 2023, with the addition of five new parachains, a rise in staking metrics, and major technical upgrades. The total volume of staked DOT increased to 663 million, and the platform recorded more than 190 million on-chain events. The quarter also saw the introduction of native USDC and a 20% quarter-on-quarter rise in XCM messages.

Zodia Custody and Parity Technologies Forge Strategic Partnership for Polkadot Ecosystem

Zodia Custody and Parity Technologies Forge Strategic Partnership for Polkadot Ecosystem

Zodia Custody has partnered with Parity Technologies to enhance institutional access to the Polkadot ecosystem, a pioneering blockspace network. The partnership will provide custody services, staking DOT, and bridging the gap between traditional finance and digital assets. Zodia Custody will also support the ecosystem's sustained evolution through research and development, promoting global initiatives associated with Parity and Polkadot.

US Intelligence Reveals Extent of North Korea’s “Hidden Cobra” Crypto-Dependent Cyber Crimes

US Intelligence Reveals Extent of North Korea’s “Hidden Cobra” Crypto-Dependent Cyber Crimes

US Intelligence Reveals Extent of North Korea’s “Hidden Cobra” Crypto-Dependent Cyber Crimes

Luna Foundation Guard Details About Depleted Reserve

Luna Foundation Guard Details About Depleted Reserve

The Terra blockchain as we know it has come to its end and post mortem analysis from the Luna Foundation Guard (LFG) shows the not-for-profit organization has almost used up its reserve as confirmed in a tweet shared early on Monday

Core Scientific seeks to sell $6.6 million in Bitmain coupons

Core Scientific seeks to sell $6.6 million in Bitmain coupons

On Jan. 25, bankrupt Bitcoin mining business Core Scientific filed an emergency move to sell Bitmain coupons.

Coinbase Backs Lawsuit against US Treasury over Tornado Cash Sanctions

Coinbase Backs Lawsuit against US Treasury over Tornado Cash Sanctions

A group of crypto users are challenging the US Treasury Department's sanctions of Tornado Cash in court. Coinbase is backing the legal action.

Tether Ventures into Sustainable Energy Production and Bitcoin Mining in Renewable-Rich Uruguay

Tether Ventures into Sustainable Energy Production and Bitcoin Mining in Renewable-Rich Uruguay

Tether, the company renowned for powering the world's foremost stablecoin, announced today its ambitious venture into energy production and sustainable Bitcoin mining in Uruguay.

Argo Blockchain regains stock listing compliance with Nasdaq

Argo Blockchain regains stock listing compliance with Nasdaq

Nasdaq relisted bitcoin mining company Argo. Nasdaq's listing standards demand a minimum closing bid price of $1 for 30 consecutive working days, which the firm did not meet. After Nasdaq notified ARBK about noncompliance in December, shares recovered.

Ant Financial Launches OpenChain for China's Small Businesses to Leverage its Enterprise Blockchain Consortium

Ant Financial Launches OpenChain for China's Small Businesses to Leverage its Enterprise Blockchain Consortium

Ant Financial, the parent company of AliPay, has launched OpenChain, a new blockchain platform that gives developers and small and micro enterprises (SMEs) the power to leverage the Chinese blockchain giant’s proprietary blockchain consortium and efficiently and cost effectively deploy smart contracts and create decentralized apps (DApps).

Warner Music Group Partners With Splinterlands, Entering Blockchain Gaming

Warner Music Group Partners With Splinterlands, Entering Blockchain Gaming

Warner Music Group (WMG) has announced its partnership with blockchain gaming outfit- Splinterlands.

US CFTC Commissioner Says Crypto Derivative Contracts Had an Enormous Positive Impact on the US Economy

US CFTC Commissioner Says Crypto Derivative Contracts Had an Enormous Positive Impact on the US Economy

United States Commissioner of the Commodities and Futures Trading Commission (CFTC), Brian Quintenz spoke about the current and future regulation in Fintech at the Singapore Fintech Festival held last week.

Perianne Boring: Fostering Blockchain Through Regulatory Uncertainty

Perianne Boring: Fostering Blockchain Through Regulatory Uncertainty

Perianne Boring is the President and Founder of the Chamber of Digital Commerce, the world's first and largest blockchain trade association. Boring began her career as a legislative analyst in the U.S. House of Representatives, advising on finance, economics, tax, and healthcare policy. Prior to forming the Chamber, Boring was a television host and anchor of an international finance program that aired in more than 100 countries to over 650 million viewers.

WisdomTree cryptocurrency funds lose value in fourth quarter

WisdomTree cryptocurrency funds lose value in fourth quarter

Despite rising revenues and fund inflows, the $82 billion fund manager posted a fourth-quarter net loss.

U.S Figure Skating to Accept Crypto Donations

U.S Figure Skating to Accept Crypto Donations

The US Figure Skating announced to accept crypto donations from members of the public through Engiven.

FinCEN Issues Alert to Counter Financing to Hamas and its Terrorist Activities

FinCEN Issues Alert to Counter Financing to Hamas and its Terrorist Activities

The Financial Crimes Enforcement Network (FinCEN) of the U.S. Department of the Treasury has issued an alert to financial institutions, urging vigilance in identifying and reporting suspicious activities related to the financing of the terrorist organization Hamas. The alert comes in the wake of a Hamas-led attack on Israel on October 7, 2023, which was funded through various means, including virtual currency.

Elon Musk Refutes xAI's $500 Million Investment Claims Amid Valuation Speculations

Elon Musk Refutes xAI's $500 Million Investment Claims Amid Valuation Speculations

Elon Musk denies Bloomberg's claims of his AI company, xAI, securing $500 million toward a $1 billion goal and discusses a $15-20 billion valuation. Musk refutes these reports as inaccurate.

HTX Hacker Returns Stolen Ether, Rewarded with Bounty

HTX Hacker Returns Stolen Ether, Rewarded with Bounty

The hacker who stole 5,000 Ether from Huobi Global's exchange HTX returned the funds on October 7, following a bounty offer from HTX. The exchange had offered a 5% bounty of the stolen funds if returned by an October 2 deadline. Upon the return of the stolen funds, the hacker was rewarded with a 250 ETH bounty, valued at approximately $410,000. The return of the funds and the bounty payout was publicly acknowledged by HTX adviser Justin Sun.

U.S. Houston Firefighter’s Pension Fund Invests $25 Million in Bitcoin and Ethereum

U.S. Houston Firefighter’s Pension Fund Invests $25 Million in Bitcoin and Ethereum

The Houston Firefighters' Relief and Retirement Fund, which manages nearly $5.5 billion in assets, announced that it has invested in cryptocurrencies.

Tesla refuses to sell any more Bitcoin

Tesla refuses to sell any more Bitcoin

Tesla kept its Bitcoin for the second half of 2022 after selling 75% in the second quarter. As Bitcoin's price fell, the firm's financials reveal it didn't buy or sell Bitcoin in Q2 or Q3.

New Money Theory in Action: Circle's USDC Stablecoin

New Money Theory in Action: Circle's USDC Stablecoin

Circle is gearing up for 2020 with a renewed deep focus on stablecoins and the powerful potential they hold for people, enterprises, and governments globally.

TRON’s Founder Justin Sun Could be Real Acquirer of Huobi Global: Sources

TRON’s Founder Justin Sun Could be Real Acquirer of Huobi Global: Sources

Justin Sun, the founder of TRON, is reportedly to be the real buyer for the acquisition of Huobi Global, according to sources with the matter.

Enhancing AI Recommendations: A Study on ChatGPT's Conversational Refinement and Bias Mitigation

Enhancing AI Recommendations: A Study on ChatGPT's Conversational Refinement and Bias Mitigation

The study examines ChatGPT's effectiveness in conversational recommendations using the HetRec2011 dataset, focusing on its top-n recommender performance and strategies for mitigating popularity bias, highlighting its potential for user engagement.

Binance.US Taps BJ Kang as Head of Investigations

Binance.US Taps BJ Kang as Head of Investigations

Binance.US has hired former FBI Agent, BJ Kang as its Head of Investigations

Telegram May Push TON Launch Date Before Facing SEC

Telegram May Push TON Launch Date Before Facing SEC

After coming under fire from the United States Securities Commission (SEC) Telegram has allegedly informed its investors that it will postpone launching its Telegram Open Network (TON).

Banking crisis could push cryptocurrency regulation into gray area

Banking crisis could push cryptocurrency regulation into gray area

Circle CEO Jeremy Allaire believes that the ongoing global banking crisis could lead to more uncertainty and gray area in the regulation of cryptocurrencies due to market anxiety over exposure to the US financial system and the risk of a large-scale banking system failure.

Celsius is "Deeply Insolvent", Says Vermont's Financial Regulator

Celsius is "Deeply Insolvent", Says Vermont's Financial Regulator

Vermont's Department of Financial Regulation also said that Celsius Network is also not honouring its obligations to customers and creditors as it does not have the assets and liquidity to do so.

Hub71+ Digital Assets Initiative Aims to Advance Web3-Based innovations

Hub71+ Digital Assets Initiative Aims to Advance Web3-Based innovations

Hub71 will invest $2 billion in Web3 startups in Abu Dhabi.

Silvergate Bank Suspends Dividend Payments to Preserve Liquidity

Silvergate Bank Suspends Dividend Payments to Preserve Liquidity

Silvergate's board "shall re-evaluate the payment of quarterly dividends as market circumstances change."

Washington Developer Harbor Custom Development to Accept Payments in Crypto

Washington Developer Harbor Custom Development to Accept Payments in Crypto

Real estate investors in Washington will have more options by paying cryptocurrencies, as the Washington-based Harbor Custom Development Inc is launching the service by the end of January.

Crypto Firm Galaxy Digital Postpones US Public Listing Until 2022

Crypto Firm Galaxy Digital Postpones US Public Listing Until 2022

Galaxy Digital Holdings announced that it postponed its bid to go public in the US stock market in the first quarter of 2022 instead of the fourth quarter of 2021.

Will SushiSwap's Sushi Token Suffer a Second Price Drop Below $1?

Will SushiSwap's Sushi Token Suffer a Second Price Drop Below $1?

The SUSHI token may suffer a second drop, which could plummet below $1. Here's why.

Bitget's Gracy Chen Praises Binance's Copy Trading Launch

Bitget's Gracy Chen Praises Binance's Copy Trading Launch

Major cryptocurrency exchanges are adopting crypto copy trading, with Binance launching its feature on October 9, 2023. Bitget, a pioneer in this field since 2020, sees this trend as a validation of its early foresight. Bitget's Gracy Chen highlights their platform's success, boasting over 57 million profitable trades and a community of 650,000 traders and followers. Binance's entry, coupled with a promotional campaign, underscores a growing industry focus on simplifying crypto trading for newcomers, possibly spurring broader crypto and blockchain adoption.

Rehab Centers Add Services for Crypto Trading Addicts

Rehab Centers Add Services for Crypto Trading Addicts

A posh Spanish rehab institution now treats crypto traders.

Telegram to Release Financial Statements to the SEC in Gram Token ICO Case

Telegram to Release Financial Statements to the SEC in Gram Token ICO Case

The United States Securities Exchange Commission (SEC) has asked Telegram to release its financial statements, which includes bank records as the regulator believes will prove the misconduct in the $1.7 billion offering of Gram tokens.

Curve Finance Launches MIM/crvUSD Pool on Arbitrum, Bolstering DeFi Ecosystem

Curve Finance Launches MIM/crvUSD Pool on Arbitrum, Bolstering DeFi Ecosystem

Curve Finance's new MIM/crvUSD liquidity pool on Arbitrum marks a significant advancement in DeFi, offering enhanced liquidity and user experience. This strategic move leverages Arbitrum's layer 2 capabilities for faster, cost-effective transactions, underlining Curve's commitment to innovation and community-driven governance.

US Treasury and IRS Propose New Regulations on Digital Asset Reporting

US Treasury and IRS Propose New Regulations on Digital Asset Reporting

The US Department of the Treasury and the IRS have issued proposed regulations to improve transparency and compliance in the digital asset sector. Starting Jan. 1, 2025, brokers must report gross proceeds, payee statements, and gain/loss and basis information for sales. The regulations aim to close the tax gap and ensure uniformity in tax rules.

Rep. French Hill Eyes Financial Services Committee Leadership Amid Crypto Focus

Rep. French Hill Eyes Financial Services Committee Leadership Amid Crypto Focus

Arkansas Rep. French Hill is poised to assume leadership of the House Financial Services Committee, bringing a crypto-savvy perspective to the role.

Bank of Russia Reveals the Possibility of Developing a CBDC in Public Consultation Report

Bank of Russia Reveals the Possibility of Developing a CBDC in Public Consultation Report

In the recently published public consultation on the digital rubble, the Bank of Russia acknowledged it is considering the potentials of issuing a CBDC.

Paysafe Halts EUR Deposits for Binance Users: What You Need to Know

Paysafe Halts EUR Deposits for Binance Users: What You Need to Know

Paysafe Payment Solutions Limited has abruptly stopped processing EUR deposits for Binance users. The decision affects several Binance services, including spot trading and auto-invest plans. Users are advised to convert their EUR balances to USDT by October 31, 2023, or withdraw them to their bank accounts.

Ripple CEO Brad Garlinghouse Says Japan or Singapore Could be Firm's New Home

Ripple CEO Brad Garlinghouse Says Japan or Singapore Could be Firm's New Home

Ripple CEO Brad Garlinghouse said that his company has earmarked Singapore and Japan as the most crypto-friendly countries where Ripple Labs could relocate.

White House Budget Urges Legislation to Return Secret Service to Treasury Due to Crypto Crime Surge

White House Budget Urges Legislation to Return Secret Service to Treasury Due to Crypto Crime Surge

Cryptocurrencies, and other technological advancements, projected as a threat to the international financial marketplace, the department believes has contributed to more groups of criminal organizations and more links between financial and electronic crimes combined.

Dark Web Sucks in Bitcoin Payments From Viewers Paying to See Livestream Murder

Dark Web Sucks in Bitcoin Payments From Viewers Paying to See Livestream Murder

Two 17-year-old Italians have been detained under the Delirium operation for instigating child pornography and live torture viewings on the dark web. The two Italians paid Bitcoin (BTC) to a dark site address in order to unlock explicit footage of children being sexually abused.

US District Judge Rules in Favor of Custodial Arrangement for bZx DAO Members

US District Judge Rules in Favor of Custodial Arrangement for bZx DAO Members

A US district judge has ruled that bZx DAO transactions are custodial due to the ability for developers to upgrade a smart contract where the key is held by a single developer, as highlighted in a class-action lawsuit against bZx DAO and others. This may impact DeFi platforms that use multisigs and require them to obtain custody licenses to comply with the law.

Bitcoin Price Surges to All-Time High Of $66,900 Level

Bitcoin Price Surges to All-Time High Of $66,900 Level

Bitcoin has surged $66,900 level, passing the previous price record of $64,889 set in April.

Australia Breaks Into Top 3 Nations for Crypto ATM

Australia Breaks Into Top 3 Nations for Crypto ATM

Australia has 234 crypto ATMs, third worldwide behind the US and Canada. Australia has added 16 ATMs since Jan. 1, while Spain has lost 4 and El Salvador hasn't.

US Feds Created FTX Task Team To Track Stolen User Cash

US Feds Created FTX Task Team To Track Stolen User Cash

The Southern District of New York U.S. Attorney's Office created the FTX Task Force. The exchange collapse task group will investigate and prosecute. It also seeks billions in consumer money. FTX founder Sam Bankman-Fried denies all eight criminal allegations.

Elon Musk Endorses Pro-Crypto Republican Presidential Candidate Vivek Ramaswamy

Elon Musk Endorses Pro-Crypto Republican Presidential Candidate Vivek Ramaswamy

Elon Musk endorses pro-crypto candidate Vivek Ramaswamy. Amidst tense crypto regulations, the 2024 U.S. elections may shape the future of digital currencies.

Business Niches Where Cryptocurrencies Are Accepted for All Payments

Business Niches Where Cryptocurrencies Are Accepted for All Payments

Digital currency is becoming more well-known because it’s been around for a decade or so. In the past, it was only die-hard investors who chose to work with crypto like Bitcoin. However, more and more companies are accepting it as payment for services and goods.

Exclusive: Can Onchain Custodian Fill Fidelity's Gap in Crypto Custody?

Exclusive: Can Onchain Custodian Fill Fidelity's Gap in Crypto Custody?

While wall street giant Fidelity tapped into the crypto custodian space, can Onchain Custodian survive under the fierce competition? Alexandre Kech, CEO of Onchain Custodian believes that they can fill Fidelity's gap in the crypto custodial market. He also explains how the surging demand in BTC futures and crypto collateral can present huge business opportunities for crypto custodians.

Genesis Capital Breaks Previous Quarter Record With 870M in New Loan Originations in Q3

Genesis Capital Breaks Previous Quarter Record With 870M in New Loan Originations in Q3

Genesis records rising demand for cash and stablecoins

Hut 8 Mining Company to Merge with US Bitcoin

Hut 8 Mining Company to Merge with US Bitcoin

Hut 8 Mining and U.S. Bitcoin will consolidate under New Hut, pending court clearance.

Japanese E-book Publisher Turns to Blockchain for Distributiion in the Pandemic Era

Japanese E-book Publisher Turns to Blockchain for Distributiion in the Pandemic Era

A Japanese book distributor is mulling an investment in a blockchain-based platform to distribute e-books, as partial lockdowns due to the ongoing COVID-19 pandemic continue in Japan.

German Crypto Firm USI Tech Founder Charged in $150 Million Fraud Scheme

German Crypto Firm USI Tech Founder Charged in $150 Million Fraud Scheme

Horst Jicha, founder of USI Tech, has been charged with defrauding investors of $150 million in a fraudulent crypto scheme, marking a significant development in regulatory action against crypto-related crimes.

Bitcoin Convert Jim Cramer says Wall Street Ignoring COVID-19 Cases, Biden Election Fraud Dispute and Collapse in Stimulus Talks

Bitcoin Convert Jim Cramer says Wall Street Ignoring COVID-19 Cases, Biden Election Fraud Dispute and Collapse in Stimulus Talks

Bitcoin convert and CNBC analyst Jim Cramer thinks Wall Street is ignoring market risks from rising US COVID-19 cases, the 2020 election dispute, and collapse in stimulus talks.

MakerDAO Keeps USDC as Primary Collateral for Dai

MakerDAO Keeps USDC as Primary Collateral for Dai

MakerDAO has voted to keep USDC as the primary collateral for Dai, rejecting a proposal to diversify into GUSD and USDP. The decision was made based on reduced risks from a cascading bank run in the US and USDC's return to a $1 peg.

OKX to Open Office in Australia

OKX to Open Office in Australia

Brand Ambassadors Daniel Ricciardo, Scotty James, and McLaren F1 driver Oscar Piastri join event at Melbourne Arts Centre to celebrate ahead of Australian Grand Prix

Chinese Yuan Poised to Become the World’s Third Largest Reserve Currency by 2030—Is DCEP Part of the Plan?

Chinese Yuan Poised to Become the World’s Third Largest Reserve Currency by 2030—Is DCEP Part of the Plan?

Morgan Stanley analysts are predicting that the Chinese yuan will become the third-largest reserve currency in the world, is the DCEP part of the plan?

Celebrities asked to dismiss second amended complaint in class-action lawsuit

Celebrities asked to dismiss second amended complaint in class-action lawsuit

Kim Kardashian, Floyd Mayweather, and others claim investors "suffered no damage from just hanging onto the tokens" in their dismissal request.

Members of Congress Start Blockchain Education with $50 Dollar Bitcoin Donation

Members of Congress Start Blockchain Education with $50 Dollar Bitcoin Donation

Members of the United States Congress will receive a $50 campaign contribution in Bitcoin today to educate lawmakers on the potential of blockchain technology.

Binance.US Struggles to Find Banking Partner in the U.S.

Binance.US Struggles to Find Banking Partner in the U.S.

Binance.US is facing challenges in finding a bank partner to serve as a fiat on-ramp and off-ramp for its clients in the United States, following the recent failures of Silvergate and Signature Bank. The regulatory crackdown on banks with crypto clients is another factor contributing to the exchange's struggles.

Cryptocurrency Detective ZachXBT Uncovers Unusual ETH Withdrawals for MTG Cards

Cryptocurrency Detective ZachXBT Uncovers Unusual ETH Withdrawals for MTG Cards

ZachXBT's analysis of cryptocurrency transactions involving the withdrawal of over 11,200 ETH, equivalent to $25 million, raises questions about the source and intent of these funds.

The Digital Dollar Continues to be Pushed by Former CFTC Chair

The Digital Dollar Continues to be Pushed by Former CFTC Chair

The former US Commodity and Futures Trading Commission (CFTC) Chairman continues to fight for the U.S Dollar to become a digital global force.

Binance Exchange Halts Major Crypto Services in Singapore

Binance Exchange Halts Major Crypto Services in Singapore

Binance has announced that with effect from October 26, users from Singapore will not be able to access the most basic functions of the Binance.com platform

Ukrainian Government Raises over $10M in Digital Currencies from the Public

Ukrainian Government Raises over $10M in Digital Currencies from the Public

The entire public, particularly the crypto-savvy population, has shown solidarity with Ukraine and has raised more than $10 million since the call was made.

Charles Hoskinson Proposes Solution to Fix Twitter’s Problem, Taking Digital Identity to the Blockchain Age

Charles Hoskinson Proposes Solution to Fix Twitter’s Problem, Taking Digital Identity to the Blockchain Age

With the recent Twitter hack, implicating individuals including Elon Musk, Bill Gates, Joe Biden, and a few others, Cardano founder Charles Hoskinson spoke about the issue in his most recent Whiteboard video.

North Korea Is Developing Own Crypto to Circumvent US Sanctions

North Korea Is Developing Own Crypto to Circumvent US Sanctions

North Korea has always been suspected for either indirectly or directly funding weapons or involved in some powerful projects of mass destruction using virtual currencies. The nation, recently, was accused of stealing cryptocurrencies worth $2 billion to facilitate the development of deadly weapons.

Tesla Launches Cyberwhistle by Accepting Dogecoin for Payment

Tesla Launches Cyberwhistle by Accepting Dogecoin for Payment

American electric vehicle manufacturer Tesla has launched a new product called Cyberwhistle by accepting Dogecoin for payment.

Facebook Taps Coinbase to Offer Custody Services for Novi Digital Wallet Rollout

Facebook Taps Coinbase to Offer Custody Services for Novi Digital Wallet Rollout

Facebook is launching Novi digital wallet. The social giant has hired Coinbase to serve as a custody partner.

5% Global Business Transactions Expected to Utilize Blockchain Technology by 2028: SkyQuest

5% Global Business Transactions Expected to Utilize Blockchain Technology by 2028: SkyQuest

At least 5% of worldwide business transactions are expected to utilize blockchain technology by 2028, thanks to heightened activity in the fintech blockchain market, according to a report by research firm SkyQuest.

Stablecoins Could Bolster U.S. Dollar and Economic Competitiveness: Circle CEO

Stablecoins Could Bolster U.S. Dollar and Economic Competitiveness: Circle CEO

In a compelling testimony delivered to the House Financial Services Committee, Jeremy Allaire, CEO and Co-Founder of Circle, underlined the significant role stablecoins, such as the U.S. Dollar Coin (USDC), could play in strengthening the global position of the U.S. dollar.

Coinbase Suspends Trading on 41 Non-USD Pairs

Coinbase Suspends Trading on 41 Non-USD Pairs

Coinbase Exchange suspended 41 non-USD trading pairs on September 13, 2023, to improve market health and consolidate liquidity. Users on Coinbase Exchange, Advanced Trade, and Coinbase Prime can continue trades using USDC balances and USDC unification. The suspension has minimal impact on trading volume.

Poundtoken and BitcoinPoint will make the country's first 100% backed GBP stablecoin

Poundtoken and BitcoinPoint will make the country's first 100% backed GBP stablecoin

Two UK firms employ ATM stablecoins to make Britain a "crypto centre."

Binance Collaborates with Royal Thai Police to Disrupt Criminal Networks

Binance Collaborates with Royal Thai Police to Disrupt Criminal Networks

Binance, in conjunction with the Royal Thai Police, has successfully disrupted major crypto fraudulent networks in Thailand through two significant operations. The collaboration led to the arrest of key individuals and substantial asset seizures, underscoring Binance's proactive stance against cybercrime and its ongoing commitment to enhancing security within the digital asset ecosystem.

Bitcoin Most Popular Crypto in North America, Market Experts Report

Bitcoin Most Popular Crypto in North America, Market Experts Report

Bitcoin has always been the most popular cryptocurrency on the global market, but the region that is most invested in BTC assets appears to be North America.

Fidelity Digital Assets Custody Ready for Bitcoin Derivatives Yield Fund

Fidelity Digital Assets Custody Ready for Bitcoin Derivatives Yield Fund

Wave Financial, based in Los Angeles, launched the Wave BTC Income & Growth Digital Fund, racing to become the first crypto derivatives-based yield fund in the market.

BitKeep Wallet Surpasses 10 Million Users

BitKeep Wallet Surpasses 10 Million Users

BitKeep Wallet has reached over 10 million users, with 560,000 new users in March due to successful campaigns with Arbitrum and Sui. Bitget has invested $30 million in the platform, resulting in a rebranding to Bitget Wallet while remaining an independent entity.

Tornado Cash Now Placed Under US OFAC Sanctions

Tornado Cash Now Placed Under US OFAC Sanctions

The United States Treasury Department has barred Tornado Cash from offering any form of transactions to individuals in the US.

Blockchain Industry Will Be Valued at $21 Billion Globally by 2025, Research Suggests

Blockchain Industry Will Be Valued at $21 Billion Globally by 2025, Research Suggests

A research study by Fortune Business Insight, a market reporting and consulting firm, suggests the global blockchain industry will be valued at a mammoth $21 billion in the next five years. The report explored the rise of financial technology and blockchain companies working towards financial inclusion and targeting developing countries and regions to leverage growth. Such regions, incidentally, have witnessed a growth in educated talent in the past decade, and are well-suited to interact with and understanding distributed ledger mechanisms.

Mango Labs Sues Avraham Eisenberg for $47 Million

Mango Labs Sues Avraham Eisenberg for $47 Million

Mango Labs, the firm behind Mango Markets, has sued exploiter Avraham Eisenberg. The Jan. 25 complaint says Einseberg misused its platform for millions of dollars in cryptocurrency in 2022.

Celsius Crypto Lender's Bankruptcy: Large Withdrawals Clawbacks

Celsius Crypto Lender's Bankruptcy: Large Withdrawals Clawbacks

Celsius Network is imposing bankruptcy proceedings on account holders with $100,000 or more liabilities, and is taking legal action against those who withdrew large amounts pre-bankruptcy.

Over $5M Bitcoin Worth Transferred towards Aiding Ukrainian Army Amid Russian Invasion

Over $5M Bitcoin Worth Transferred towards Aiding Ukrainian Army Amid Russian Invasion

At least $5 million in Bitcoin has been donated to boost the Ukrainian Army since Russia attacked the nation on February 24, according to blockchain analytics firm Elliptic.

Billionaire Tim Draper Predicts Bitcoin Will Reach $250,000 by the End of 2022

Billionaire Tim Draper Predicts Bitcoin Will Reach $250,000 by the End of 2022

Billionaire Tim Draper said he remains optimistic about Bitcoin and expects its price to reach $250,000 by the end of 2022 or early 2023.

Have We Really Seen the Last of Former Presidential Crypto-Candidate Andrew Yang?

Have We Really Seen the Last of Former Presidential Crypto-Candidate Andrew Yang?

Have we really seen the last of former Presidential Crypto-Candidate Andrew Yang?

How Smart Money Is Investing

How Smart Money Is Investing

With a flurry of renewed interest in cryptoassets, and multiple new opportunities for riches abounding, the vast majority of us can’t help but tentatively listen to that voice whispering in our ear, “remember 2018”. The bull run throughout 2017 ended in tears for many as early 2018 saw the market enter into an abrupt and prolonged bear cycle that lasted the better part of three years.

Meta Unveils Next-Gen AI Emu Video and Emu Edit

Meta Unveils Next-Gen AI Emu Video and Emu Edit

Meta's Emu Video and Emu Edit are advanced AI tools for video and image editing, enhancing creative processes and ensuring ethical AI deployment.

Hong Kong Investors Launch $100M Fund for Web3 Startups

Hong Kong Investors Launch $100M Fund for Web3 Startups

ProDigital Future, a new $100 million fund led by Hong Kong-based equity firm SAIF Partners, aims to support early-stage Web3 companies in the regional market. The fund has already raised $30 million during its half-year fundraising period and plans to raise $100 million by the end of 2023. ProDigital Future has already invested in six digital-asset projects, including GigaSpace and One Future Football. The fund intends to operate in Hong Kong, Australia, Singapore, Europe, and the United States, while adhering to the necessary licensing and regulatory requirements.

Binance Australia Derivatives License Canceled by ASIC

Binance Australia Derivatives License Canceled by ASIC

ASIC has canceled the financial services license of Binance Australia Derivatives after reviewing Binance's operations in the country. Clients must close their existing derivatives positions before April 21.

Reliance Retail accept digital rupee at one store

Reliance Retail accept digital rupee at one store

Reliance Retail has pledged to assist India's CBDC throughout its companies.

US Lawmakers Introduce ‘ECASH Bill’ Aimed at Creating Digital Dollar

US Lawmakers Introduce ‘ECASH Bill’ Aimed at Creating Digital Dollar

The bill, dubbed the Electronic Currency and Secure Hardware (ECASH) Act, was introduced on Monday.

China Allows Building of Hydroelectric Plant in Well Known Bitcoin Mining Town

China Allows Building of Hydroelectric Plant in Well Known Bitcoin Mining Town

Government authorities in China have allowed construction to go ahead to increase the capacity of current hydroelectric plants in the Ya'an district of Sichuan, a town popularly known in cryptocurrency circles to be teeming with Bitcoin miners.

Unknown Sources Target Crypto Investors with Malicious Computer Programs

Unknown Sources Target Crypto Investors with Malicious Computer Programs

Since December 2022, MortalKombat ransomware and Laplas Clipper malware threats have been searching the Internet for unsuspecting cryptocurrency investors.

Dezgo: Comprehensive Guide to the AI-Powered Text-to-Image Generator

Dezgo: Comprehensive Guide to the AI-Powered Text-to-Image Generator

Dezgo is an AI-powered text-to-image converter that generates high-quality NSFW images from word descriptions, offering customizable settings, controlled text-to-image, and inpainting features for various purposes.

Blockstream CEO Criticizes Sushiswap as a "Ponzi" Scheme, Ripple as a "Scam," Litecoin for "Sell the Top"

Blockstream CEO Criticizes Sushiswap as a "Ponzi" Scheme, Ripple as a "Scam," Litecoin for "Sell the Top"

Blockstream CEO, as the firm supporter of Bitcoin, just issued a series of tweets, criticizing Sushiswap, Ripple and Litecoin.

DeFi Growth Could be Hindered if US Regulators Go After Decentralized Exchanges

DeFi Growth Could be Hindered if US Regulators Go After Decentralized Exchanges

Recently many DeFi tokens have plunged drastically in the past few weeks, with Uniswap’s UNI token and Yearn.finance (YFI) plunging over 38 percent.

Celsius Network Charged Over $3M in Legal Fees

Celsius Network Charged Over $3M in Legal Fees

Beleaguered crypto lending platform Celsius Network has incurred more than $3 million in legal fees, according to a filing.

SushiSwap to Redirect Trading Fees to its treasury

SushiSwap to Redirect Trading Fees to its treasury

SushiSwap will shortly transfer all trade fees to its treasury. 99.85% of voters "clawbacked" 10,936,284 unclaimed SUSHI ($14.8 million) tokens.

How to Build Sustainable Mobility With Blockchain?

How to Build Sustainable Mobility With Blockchain?

Sustainable mobility is the need of the hour. Mobility service providers have to make public transit attractive to people while adding sustainable and green transport. How can technologies such as Blockchain empower these Mobility Operators in their move towards a greener future?

BTC Breaks Its Strong $10,000 Support Amidst US-China War Trade Cool Off

BTC Breaks Its Strong $10,000 Support Amidst US-China War Trade Cool Off

The price of Bitcoin has taken a serious hit in the past few days as the largest cryptocurrency has dipped below its supposedly strong support of $10k and bounced back up.

US Senator Demands Answers from Twitter Over Massive Bitcoin Hack Incident

US Senator Demands Answers from Twitter Over Massive Bitcoin Hack Incident

US senator Josh Hawley has urged Twitter to cooperate with fed agencies and take necessary measures to secure the social media site before the cyber hacking accounts of celebrities, politicians, technology moguls, and major firms in an apparent Bitcoin scam expands further.

South Africa Pioneers Blockchain-Enabled Property Register Pilot Project

South Africa Pioneers Blockchain-Enabled Property Register Pilot Project

The Centre for Affordable Housing Finance in Africa (CAHF) has teamed up with Seso Global, a blockchain property registry company, to develop the first-ever blockchain-powered property register in South Africa.

Origin Protocol Puts $1 Million Bounty on Hacker As OUSD Stablecoin Loses Stability

Origin Protocol Puts $1 Million Bounty on Hacker As OUSD Stablecoin Loses Stability

Origin has now announced a $1 million bounty reward for anyone who can bring the hacker responsible for destabilizing its stablecoin to justice.

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.

Australia Tax Office Says Crypto Under Focus This Tax Season

Australia Tax Office Says Crypto Under Focus This Tax Season

The Australian Taxation Office (ATO) has highlighted four major problem areas it wants to focus on this taxation season, and digital currencies are prominently featured.

Microsoft’s Bill Gates on Big Tech Antitrust Hearing – Government Scrunity Inevitable with Tech Success

Microsoft’s Bill Gates on Big Tech Antitrust Hearing – Government Scrunity Inevitable with Tech Success

Bill Gates discussed the antitrust hearing opposing US congress and Big Tech - Amazon, Apple, Facebook, and Google (Alphabet) - and gave his input.

PayPal Joins Coinbase TRUST Network to Comply with Travel Rule

PayPal Joins Coinbase TRUST Network to Comply with Travel Rule

Coinbase has welcomed PayPal for joining TRUST, a global coalition that offers top-tier privacy and security safeguards to clients across jurisdictions while complying with the Travel Rule.

Crypto Project Baer Chain Has Been Classified as a Ponzi Scheme by the Chinese Police Department

Crypto Project Baer Chain Has Been Classified as a Ponzi Scheme by the Chinese Police Department

The police department of the Haizhou district in Lianyungang, a coastal city in China published a notice on " information verification and registration of investment members of the Baer Chain case” on June 15. According to the notice, the project has been classified as a Ponzi scheme.

Despite Threats of Ban, Russians Transact Over $5B in Crypto Annually: BOR

Despite Threats of Ban, Russians Transact Over $5B in Crypto Annually: BOR

A new review on financial stability published by the Russian apex bank on Thursday showcases that the crypto savvy population in the country has transacted more than 350 billion rubles, or $5 billion.

US House to Hold Joint Hearings on Digital Assets

US House to Hold Joint Hearings on Digital Assets

The House Financial Services Committee, Agriculture Committee, and subcommittees will hold joint hearings in May on establishing a bill to provide regulatory clarity to the digital asset ecosystem. The hearings will focus on addressing the market structure and striking a balance between protecting consumers and promoting responsible innovation. The goal is to report a bill out that deals with the capital raising piece for digital assets, all the way through to how a product can go from a securities regime to commodities regime, while preserving rights around products that do not fit into either regime.

Celsius Network Conditionally Not to Enforce Debtors to Pay for Outstanding Loans

Celsius Network Conditionally Not to Enforce Debtors to Pay for Outstanding Loans

Beleaguered digital currency lender Celsius Network has revealed that it was not planning to ask its debtors to pay their outstanding loans during its Chapter 11 bankruptcy proceedings.

Venezuelans to Bypass Hyperinflation with Bitcoin-Backed Synthetic US Dollars After Years of Extreme Economic Crisis

Venezuelans to Bypass Hyperinflation with Bitcoin-Backed Synthetic US Dollars After Years of Extreme Economic Crisis

A cross-border remittance startup based in Colombia, Valiu has released a new Bitcoin-backed US dollars for Venezuelans to bypass the hyperinflation that has been tormenting their national economy.

Ripple to Explore IPO after SEC Lawsuit, CEO Discloses

Ripple to Explore IPO after SEC Lawsuit, CEO Discloses

Blockchain payments firm Ripple Labs Inc CEO Brad Garlinghouse disclosed the firm will consider moves to float its IPO after the suit is done with the United States Securities and Exchange Commission (SEC).

BlockFi Lands $250m Credit Facility from FTX Derivatives Exchange

BlockFi Lands $250m Credit Facility from FTX Derivatives Exchange

Struggling digital assets company BlockFi has received a $250 million credit facility from FTX Derivatives Exchange as it looks to survive the current downturn in the crypto industry.

SEC Charges Disgraced Lobbyist Jack Abramoff With Fraud for AML Bitcoin ICO

SEC Charges Disgraced Lobbyist Jack Abramoff With Fraud for AML Bitcoin ICO

Political lobbyist Jack Abramoff and Marcus Andrade, CEO of the NAC Foundation, have been charged with fraud by the Securities and Exchange Commission (SEC) for misrepresenting their token’s compliance. The pair also face criminal charges with the Department of Justice (DOJ) for money laundering.

Committee Appointed to Represent Unsecured Creditors in Genesis Global bankruptcy

Committee Appointed to Represent Unsecured Creditors in Genesis Global bankruptcy

In the Genesis Global bankruptcy case, unsecured creditors have a seven-member committee.

To Criminalize or Not to Criminalize Bitcoin and Crypto? Moscow Reconsiders

To Criminalize or Not to Criminalize Bitcoin and Crypto? Moscow Reconsiders

The State Duma is discussing its legislative plans regarding Bitcoin and cryptocurrency usage and has been reported to seemingly have a change of heart regarding digital assets adoption in Russia.

China's Guangdong Province Aims to Lead in Quality and Innovation by Embracing Blockchain and AI Technologies

China's Guangdong Province Aims to Lead in Quality and Innovation by Embracing Blockchain and AI Technologies

In a recent move, the Guangdong Provincial Party Committee and Provincial Government have issued the "Outline for Building Guangdong Province as a Strong Quality-driven Province," outlining their vision to enhance the leading role of industrial clusters in terms of quality.

Report: US Banks Face Satisfaction Paradox, Following Silicon Valley Bank Collapse

Report: US Banks Face Satisfaction Paradox, Following Silicon Valley Bank Collapse

GFT's study shows 42% of US banking customers are satisfied, but 58% feel there's room for improvement. Despite this, only 14% of global consumers are considering a change, while trust remains strong with 78% still relying on traditional institutions.

Celsius CEO Resigns amid Broader Bankruptcy Tango

Celsius CEO Resigns amid Broader Bankruptcy Tango

Alex Mashinsky, the Chief Executive Officer of the embattled crypto lending firm Celsius Network has tendered his resignation as the head of the firm, effective immediately.

Binance Launches Referral Promotion for African Users with 17,500 USDT in Token Voucher Rewards

Binance Launches Referral Promotion for African Users with 17,500 USDT in Token Voucher Rewards

Binance is launching a new referral scheme targeting users in the Africa region, offering a reward pool of 17,500 USDT in token vouchers. The promotion runs from September 18 to October 2, 2023, and requires users to register and complete KYC within the promotion timeframe. The rewards will be distributed within 20 days post-promotion.

Thunder Terminal's Rapid Response to $240,000 Hack: Security Measures and Hacker's Ransom Demand

Thunder Terminal's Rapid Response to $240,000 Hack: Security Measures and Hacker's Ransom Demand

Thunder Terminal exploited 114 wallets, causing $240,000 in damages. Users were promised refunds and additional credits, but the hacker disputed these claims and demanded a ransom.

Dismissal of Lawsuit Against Tether and Bitfinex Affirmed, Plaintiff Drops Appeal

Dismissal of Lawsuit Against Tether and Bitfinex Affirmed, Plaintiff Drops Appeal

Tether and Bitfinex have won a lawsuit against Shawn Dolifka and Matthew Anderson, despite allegations of misleading statements about USDT reserves, underscoring the importance of transparency in the cryptocurrency sector.

Global Blockchain IoT Market Expected to Generate Returns Worth $5.8 Billion by 2026

Global Blockchain IoT Market Expected to Generate Returns Worth $5.8 Billion by 2026

The global blockchain IoT market is expected to offer a revenue of $5.802 billion by 2026, driven by factors like IoT being increasingly implemented by mand end-use industries worldwide.

Property linked to FTX customer funds pulled from market

Property linked to FTX customer funds pulled from market

The seller withdrew a property tied to Sam Bankman-political Fried's expenditures.

US Draft Bill Proposes Framework for Stablecoins

US Draft Bill Proposes Framework for Stablecoins

A new draft bill has been published in the United States proposing a regulatory framework for stablecoins. The bill would put the Federal Reserve in charge of non-bank stablecoin issuers, such as Tether and Circle. Insured depository institutions seeking to issue stablecoins would fall under federal banking agency supervision. The bill also includes a ban on issuing stablecoins not backed by tangible assets and proposes a study on "endogenously collateralized stablecoins."

Locked Down in Coronavirus Quarantine? Why not get your Blockchain Credentials for Free?

Locked Down in Coronavirus Quarantine? Why not get your Blockchain Credentials for Free?

The coronavirus epidemic has been ravaging China and has raised concerns regarding the effect the disruption may have on the growth of technology within the region. Rising from the panic of the virus has been a plethora of misinformation and fake news which has, in fact, led the country to increase its use of blockchain technology.

Analysis of Dominance and Dynamics of Bitcoin Mining in 2023

Analysis of Dominance and Dynamics of Bitcoin Mining in 2023

In 2023, Bitcoin mining saw top pools like Foundry and Antpool dominate, navigating 27 difficulty adjustments and 147 empty blocks, showcasing evolving blockchain dynamics.

Russia to Permit Partial Bitcoin Mining

Russia to Permit Partial Bitcoin Mining

Despite the back-and-forth stance toward crypto in Russia, serval Russian departments have reached a consensus that Bitcoin mining should be legalized in areas rich in electricity.

Has Tesla's Elon Musk Been Buying Bitcoin with Michael Saylor's Playbook?

Has Tesla's Elon Musk Been Buying Bitcoin with Michael Saylor's Playbook?

Less than a month ago, MicroStrategy’s CEO Michael Saylor offered to share his Bitcoin playbook with SpaceX founder Elon Musk—did Musk accept the offer?

Singapore's MAS Blacklists ImToken Wallet for Unlicensed Operations

Singapore's MAS Blacklists ImToken Wallet for Unlicensed Operations

Singapore's MAS has blacklisted ImToken, a crypto wallet provider, for lack of a financial license, citing its role as a decentralized, self-custodial wallet for investor protection and market stability.

Vitalik Buterin's USDC Transfer, Market Crash and USDC Depegging

Vitalik Buterin's USDC Transfer, Market Crash and USDC Depegging

Vitalik Buterin, the co-founder of Ethereum, recently executed a transaction that involved transferring 3,300 USD Coin (USDC) amidst a market downturn. This event coincided with Ethereum's price falling by more than 10%, reaching a low of $2,100, and a significant depegging of USDC by 24% against USDT.

Stimulus Checks and Gary Gensler: Is President-elect Joe Biden Long on Bitcoin and Altcoins?

Stimulus Checks and Gary Gensler: Is President-elect Joe Biden Long on Bitcoin and Altcoins?

Is President-elect Joe Biden long on Bitcoin and cryptocurrency?

Ripple Supporters Appeal to the White House to Classify XRP as a Digital Currency

Ripple Supporters Appeal to the White House to Classify XRP as a Digital Currency

In a move to support Ripple, XRP advocates have decided to file a petition with the White House asking it to declare the asset a virtual currency.

Do Kwon Suggests Terra Hard Fork to Revive Troubled Network

Do Kwon Suggests Terra Hard Fork to Revive Troubled Network

Do Kwon, the CEO of Terraform Labs, believes hard forking the Terra blockchain will play an instrumental role in saving the troubled network.

Russian Prime Minister Calls for Civilized Approach to Crypto Regulation

Russian Prime Minister Calls for Civilized Approach to Crypto Regulation

Mikhail Mishustin, the Russian prime minister, has stated that the cryptocurrency market ought to be advanced in a civilized manner.

NFT Collectors Buy for Status and Uniqueness

NFT Collectors Buy for Status and Uniqueness

A recent survey by Metajuice found that 74% of NFT collectors buy for status and uniqueness, while 13% plan to resell. Real Vision CEO Raoul Pal believes NFTs are becoming status symbols like luxury cars and houses.

Russia Considering to Impose Special Energy Tariffs on Cryptocurrency Miners

Russia Considering to Impose Special Energy Tariffs on Cryptocurrency Miners

Russia is looking to impose special energy tariffs on crypto miners paying more, who are being accounted for massive electricity consumption.

MicroStrategy Purchases Another $650M Bitcoin, Convincing Elon Musk Large Transactions Can be Done

MicroStrategy Purchases Another $650M Bitcoin, Convincing Elon Musk Large Transactions Can be Done

Another weekend, another round of Bitcoin—MicroStrategy has announced another purchase of Bitcoin, this time, of $650 million in BTC.

US Treasury Department Believed to be Hacked by Russians, Bitcoin Bulls Respond “BTC Never Gets Hacked”

US Treasury Department Believed to be Hacked by Russians, Bitcoin Bulls Respond “BTC Never Gets Hacked”

The US Treasury Department has been on the receiving line of a huge security breach that saw their internal servers targeted.

The DeFi space is on a path of steady recovery as good actors

The DeFi space is on a path of steady recovery as good actors

Yearn.finance, MakerDAO, SushiSwap, and Aave were among 30 protocols engaged.

Celsius Denies Allegation of CEO Leaving US

Celsius Denies Allegation of CEO Leaving US

Celsius Network has denied its CEO's leaving from the US, claiming that all related allegations are false. Alex Mashinsky was reportedly stopped by authorities, amid insolvency rumours about his company.

Paxos Trust Company Disagrees With U.S. Securities

Paxos Trust Company Disagrees With U.S. Securities

Paxos, a stablecoin issuer, received an SEC Wells notice earlier this month and "categorically denies" that BUSD is a securities.

Central Bank of Russia Intends to Ban Crypto Mining and Activities

Central Bank of Russia Intends to Ban Crypto Mining and Activities

The Central Bank of Russia is going on the offensive in relation to the digital currency ecosystem in the country as the apex bank is calling for a blanket ban on crypto-related activities.

Binance.US Appoints Joshua Sroge As Interim CEO Following Brian Brooks’ Departure

Binance.US Appoints Joshua Sroge As Interim CEO Following Brian Brooks’ Departure

Binance.US has appointed Joshua Sroge as the firm’s interim chief executive, while amid the largest cryptocurrency exchange is facing increasing regulatory scrutiny worldwide.

Warner Music Group Artists to Own NFT Page on OpenSea

Warner Music Group Artists to Own NFT Page on OpenSea

NFT marketplaces OpenSea has partnered with US-based music and entertainment giant Warner Music Group to help attract more music fans through NFT projects.

Tether's Financial Triumph: Record $2.85B Q4 Profit and Strategic Asset Growth

Tether's Financial Triumph: Record $2.85B Q4 Profit and Strategic Asset Growth

Tether Holdings Limited reported a Q4 2023 profit of $2.85 billion, boosted by US Treasuries, Gold, and Bitcoin reserves, and a net profit of $6.2 billion, showcasing strong financial health.

Binance Announces Successful Integration of Kava EVM

Binance Announces Successful Integration of Kava EVM

Binance has completed the integration of Kava's Ethereum Virtual Machine (EVM), now supporting deposits and withdrawals for KAVA and USDT.

US National Security at Risk Due to China’s Dominance in Mobile Payments, says former State Department Official

US National Security at Risk Due to China’s Dominance in Mobile Payments, says former State Department Official

Former Department of State official Anja Manuel warns that if the US loses its dominance in financial innovation and payments, it could impact its national security policy, specifically on sanctions. Manuel stated that China is catching up on dominance in mobile payments, which could make enforcing sanctions against “bad actors” like Iran or North Korea more challenging.

US SEC Reopens Rejected Bitwise BTC ETF For Review

US SEC Reopens Rejected Bitwise BTC ETF For Review

The United States Securities and Exchange Commission (SEC) has announced that it will revisit and review its previous decision to reject Bitwise Asset Management and NYSE Arca’s filing for a Bitcoin (BTC) exchange-traded fund (ETF).

Judge Dismisses Antitrust Suit Against Apple Over Apple Cash

Judge Dismisses Antitrust Suit Against Apple Over Apple Cash

US District Judge has dismissed an antitrust lawsuit targeting Apple, where Venmo and Cash App users claimed Apple Cash had an anti-competitive edge.

Elon Musk Says SpaceX Holding Bitcoin, Tesla Likely to Begin Accepting BTC Payment Again

Elon Musk Says SpaceX Holding Bitcoin, Tesla Likely to Begin Accepting BTC Payment Again

Elon Musk reveals that SpaceX is a Bitcoin investor and Tesla is likely to resume accepting bitcoin as a form of payment.

Nexo AG Says Interested in Acquiring Celcius Network's Remaining Qualifying Assets

Nexo AG Says Interested in Acquiring Celcius Network's Remaining Qualifying Assets

Nexo AG has released a Letter of Intent showing its potential interest in the possible acquisition of certain assets of crypto firm Celcius Network LLC and Celsius Lending LLC.

$600 Dollar Stimulus Checks to Stimulate Bitcoin Price Bullish Momentum

$600 Dollar Stimulus Checks to Stimulate Bitcoin Price Bullish Momentum

Data indicates a high possibility that many US stimulus recipients will opt to invest their $600 check into Bitcoin, which could further boost BTC's upward price momentum.

US Crypto Crackdown Could Stifle Innovation and Weaken Dollar

US Crypto Crackdown Could Stifle Innovation and Weaken Dollar

The recent Wells notice issued by the SEC to Coinbase, along with other legal threats against crypto firms, has raised concerns among industry experts that the US crackdown on cryptocurrencies could stifle innovation and weaken the dollar. Some believe that the regulatory environment in the US is driving jobs, investment, and innovation offshore, to countries like Singapore, Hong Kong, and potentially Australia.

Stripe Resumes Crypto Service Offerings, Partners with FTX

Stripe Resumes Crypto Service Offerings, Partners with FTX

Stripe is rejoining cryptocurrency space support again by building partnerships with FTX.

Hive Digital Technologies Bolsters Global Reach with Swedish Data Center Acquisition

Hive Digital Technologies Bolsters Global Reach with Swedish Data Center Acquisition

Hive Digital Technologies acquires a data center in Boden, Sweden, enhancing its Bitcoin production and affirming its commitment to green energy and AI.

Ripple Opens First Office in Canada with New Growth Plan

Ripple Opens First Office in Canada with New Growth Plan

Ripple has opened its first regional office in Canada as part of its strategy to increase access to its users.

Russia Collaborates With Other Countries to Setup Stablecoin Cross-border Clearing Platform

Russia Collaborates With Other Countries to Setup Stablecoin Cross-border Clearing Platform

Russia is already working with several countries to establish clearing platforms for cross-border settlements of stablecoins, according to the state-backed TASS news agency.

Galaxy Digital Invests $44 Million Into Institutional Cryptocurrency

Galaxy Digital Invests $44 Million Into Institutional Cryptocurrency

Galaxy Digital invests $44 million in institutional bitcoin custody platform GK8 to integrate its asset storage and management capabilities.

Microsoft Reveals Azure Maia AI Accelerator and Azure Cobalt CPU

Microsoft Reveals Azure Maia AI Accelerator and Azure Cobalt CPU

Microsoft unveiled Azure Maia 100 AI Accelerator and Azure Cobalt CPU, optimized for AI and cloud computing, with deployment scheduled for early 2024.

BTSE Becomes 1st Exchange to Offer Perpetual Futures Trading for Overcollateralized Stablecoin

BTSE Becomes 1st Exchange to Offer Perpetual Futures Trading for Overcollateralized Stablecoin

Crypto exchange BTSE has become the first to offer perpetual futures trading for the world's newest stablecoin- US Decentralized (USDD).

John Deaton Files Amicus Brief in Support of Coinbase's Appeal Against SEC

John Deaton Files Amicus Brief in Support of Coinbase's Appeal Against SEC

John Deaton, a Republican lawyer and Senate candidate, has submitted an amicus brief supporting Coinbase's appeal against the SEC, arguing that labeling token transactions as securities is impractical.

Ukrainian Volunteer Groups Receive Bitcoin Donations amid Tension with Russia

Ukrainian Volunteer Groups Receive Bitcoin Donations amid Tension with Russia

Ukrainian volunteer groups and related NGOs are receiving Bitcoin donations, given that Russia has marshalled at least 100,000 troops on the border.

Binance Admits to Storing Customer Funds in the same wallet

Binance Admits to Storing Customer Funds in the same wallet

Binance maintains certain client assets in the same wallet as its collateral for in-house tokens. Binance moved the funds to collateral wallets after the disclosure. B-Tokens are 1:1 collateralized, according to the company.

Ripple Co-Founder Proposes Alternatives to Proof-of-Work Model to Make Bitcoin More Sustainable

Ripple Co-Founder Proposes Alternatives to Proof-of-Work Model to Make Bitcoin More Sustainable

Many industry experts have addressed the issue of sustainability, and how the current Bitcoin network can be tweaked to achieve better energy efficiency.

Ransomware Group Strikes Again: Canon Takes a Hit

Ransomware Group Strikes Again: Canon Takes a Hit

Canon recently suffered a cyber attack where approximately 10 terabytes of files, photos and data were stolen.

Speculation Mounts as Elon Musk Changes Twitter Profile Pic to Bored Ape NFT Collage

Speculation Mounts as Elon Musk Changes Twitter Profile Pic to Bored Ape NFT Collage

As Elon Musk, the Chief Executive Officer of Tesla and the new owner of Twitter, changed his profile picture to Bored Ape Yacht Club (BAYC) Non-Fungible Token, what will he do for his next move?

DJ 3LAU Establishes NFT Music Investment Platform Royal by Obtaining $16M in Seed Funding

DJ 3LAU Establishes NFT Music Investment Platform Royal by Obtaining $16M in Seed Funding

American musician Justin Blau, also known as 3LAU, established the blockchain music investment company Royal, supported by a $16 million seed round.

Binance Gets Business License to Offer Trading Services in Dubai

Binance Gets Business License to Offer Trading Services in Dubai

Binance has continued to make its foray into the global crypto markets. The leading exchange gets a new business license in Dubai, where the company intends to establish a regional headquarter there.

UAE Crypto Insights: 72% Investors Lean Towards Bitcoin

UAE Crypto Insights: 72% Investors Lean Towards Bitcoin

The UAE's crypto investors, according to a survey by KuCoin, are overwhelmingly in favor of Bitcoin, highlighting the need for trust, security, and crypto education, as well as a keen interest in blockchain and AI integration, indicating the country's potential as a crypto hub.

Ethereum's transition to proof-of-stake

Ethereum's transition to proof-of-stake

ssv.network created a $50 million fund to encourage Ether (ETH) staking technology research. DVT, an open-source protocol, distributes validator duties over numerous nodes. Vitalik Buterin's Eth2 roadmap relied on the protocol.

Bitcoin Price to Surge Above $11K or to Drop Below $10K? Factors that Could Affect BTC's Next Move

Bitcoin Price to Surge Above $11K or to Drop Below $10K? Factors that Could Affect BTC's Next Move

Bitcoin surged to its daily high of $10,930 and abruptly corrected after it hit the 30-day moving average, which has been a strong resistance level since Aug. 25.

Coffee Company to Use IBM Blockchain to Connect Farmers And Consumers

Coffee Company to Use IBM Blockchain to Connect Farmers And Consumers

The J.M. Smucker Company, known as Smucker’s, has announced that blockchain technology will be implemented in their system to trace Colombian coffee beans directly back to their source, all the while enabling consumers to support coffee farmers through the platform.

Amazon Launches Virtual Clinic Called Amazon Care

Amazon Launches Virtual Clinic Called Amazon Care

Amazon, the world’s largest internet company by revenue, quietly launched a virtual health clinic for Seattle-area employees, CNBC reports.

OKX to Power Web3 Innovation as a Sponsor of Consensus 2023-Affiliated Hackathon 'Web3athon'

OKX to Power Web3 Innovation as a Sponsor of Consensus 2023-Affiliated Hackathon 'Web3athon'

OKT Chain (OKTC), the EVM and Wasm-compatible chain backed by OKX, the world’s second-largest crypto exchange by trading volume, has announced its sponsorship of the upcoming Web3athon event taking place in conjunction with Consenus 2023.

EU Imposes 8th Wave Sanctions over Russia to Include Blanket Crypto Ban

EU Imposes 8th Wave Sanctions over Russia to Include Blanket Crypto Ban

The European Union (EU) has updated its sanction on Russia, the 8th package, and this time, it unveils zero tolerance for crypto-related transactions.

Hedge Fund Billionaire Ken Griffins Manages to Outbid for Copy of US Constitution

Hedge Fund Billionaire Ken Griffins Manages to Outbid for Copy of US Constitution

Hedge Fund billionaire Ken Griffins outbid a coalition of crypto investors to buy a rare, first-edition copy of the US constitution at a Sotheby’s auction.

Celsius Received Approval to Continue Bitcoin Mining

Celsius Received Approval to Continue Bitcoin Mining

Celsius Network has been granted the approval to use its mined Bitcoin to offset some of the deficit incurred in its daily operations.

Blockstream's Greenlight Officially Launches, Promising Simplified Lightning Operations

Blockstream's Greenlight Officially Launches, Promising Simplified Lightning Operations

Blockstream has officially launched Greenlight, a Lightning-as-a-Service (LaaS) solution, aimed at alleviating the operational challenges of managing Lightning network nodes while enhancing security. The service, revealed in June and launched on October 12, 2023, allows developers to retain key control, reducing risks and freeing up essential resources for core business operations. Greenlight offers a blend of convenience and self-custody, making it a noteworthy advancement in the blockchain and Lightning network domain.

Elon Musk Sued by Twitter Investors for Delayed Disclosure

Elon Musk Sued by Twitter Investors for Delayed Disclosure

A group of investors sued Elon Musk to save himself about $156 million for failing to disclose that he had purchased more than 5% of Twitter shares by March 14.

HK-based Gusto Collective Raises $11m in Funding Round Led by Animoca Brands, Gaw Capital

HK-based Gusto Collective Raises $11m in Funding Round Led by Animoca Brands, Gaw Capital

Hong Kong-based Gusto Collective has raised $11 million in its Seed Plus funding round led by Animoca Brands and Gaw Capital.

How To Protect Your Wealth When Bitcoin Continues To Drop

How To Protect Your Wealth When Bitcoin Continues To Drop

Concerns over the security of Bitcoin and the speech from Donald Trump may have caused a brutal sell-off among cryptocurrency markets.

What are the 7 Key Takeaways from Facebook's Libra Hearings?

What are the 7 Key Takeaways from Facebook's Libra Hearings?

The debate on Facebook's Libra continues with the hearing with Senate Banking Committee on 16 July and the United States House Committee of Financial Services on 17 July. Here are the 7 key takeaways from the two hearings.

Ripple Gains Major Payments Institution License from Singapore's Monetary Authority

Ripple Gains Major Payments Institution License from Singapore's Monetary Authority

Ripple, a leading enterprise in blockchain and crypto solutions, has secured a Major Payments Institution (MPI) license from the Monetary Authority of Singapore (MAS). This follows the in-principle approval granted to Ripple in June 2023. The license will enable Ripple to continue offering regulated digital payment token services in Singapore, a key market for the company.

Octopus Ventures Leads $9.5m in Seed Round for Web3 Fintech Firm Merge

Octopus Ventures Leads $9.5m in Seed Round for Web3 Fintech Firm Merge

Merge, a fintech startup that provides crypto and web3 companies with a range of banking and payments solutions has raised $9.5 million from venture capital firms led by Octopus Ventures.

Bitcoin Online Courses Skyrocket by 300% in The Wake of Coronavirus

Bitcoin Online Courses Skyrocket by 300% in The Wake of Coronavirus

Many people are enrolling for cryptocurrency and Bitcoin online courses as coronavirus (COVID-19) has necessitated measures like quarantines, social distancing and lockdowns. As the world continues grappling with this infectious disease, people have been made to change their daily lifestyles and settle for alternatives like the online space for knowledge acquisition.

US Treasury Sanctions Two Men Accused of Laundering Crypto for North Korean Cyber Crime Syndicate

US Treasury Sanctions Two Men Accused of Laundering Crypto for North Korean Cyber Crime Syndicate

The US Treasury Department Office of Foreign Asset Control has sanctioned two men believed to involved in laundering stolen cryptocurrency from a 2018 cyberattack against a cryptocurrency exchange.

UK Requests Crypto Exchanges to Report Suspected Sanction Breaches

UK Requests Crypto Exchanges to Report Suspected Sanction Breaches

The UK authorities have introduced the new rules in response to Russia’s invasion of Ukraine. The regulations cover all valuable digital assets.

Marathon Digital Initiates Bitcoin Mining Powered by Renewable Landfill Energy

Marathon Digital Initiates Bitcoin Mining Powered by Renewable Landfill Energy

Marathon Digital Holdings and Nodal Power are launching a 280 kW Bitcoin mining pilot project in Utah, converting harmful methane emissions into electricity for sustainable mining.

New Blockchain Patent Presented by US Postal Service as Trump Denies Funding for Mail-In Votes

New Blockchain Patent Presented by US Postal Service as Trump Denies Funding for Mail-In Votes

In light of the 2020 US presidential elections, Trump admitted to denying funding to the United States Postal Service (USPS), despite the mailing service’s proposal on Thursday of a new patent for a blockchain-powered voting system, which would make ballot casting more secure.

Corrupt Cop Sentenced to Prison for Accepting Bitcoin Bribe from Dark Web Drug Dealer

Corrupt Cop Sentenced to Prison for Accepting Bitcoin Bribe from Dark Web Drug Dealer

A former police officer has been sentenced to 8 years in prison for accepting a Bitcoin bribe from a dark web dealer, in exchange for his professional services.

Citizens Trust Bank Holds $65 Million in USD Coin reserves

Citizens Trust Bank Holds $65 Million in USD Coin reserves

Citizens Trust stated the USDC reserves would support financial literacy and small business funding.

Nous-Hermes 2 Mixtral 8x7B Surpasses Mixtral Instruct in Benchmark

Nous-Hermes 2 Mixtral 8x7B Surpasses Mixtral Instruct in Benchmark

Nous-Hermes 2 Mixtral 8x7B surpasses Mixtral Instruct in benchmarks, offering SFT and SFT+DPO models with ChatML prompt format, enhancing AI performance and user experience.

Russian Blockchain E-Voter Identities Can be Exposed Through Vulnerability

Russian Blockchain E-Voter Identities Can be Exposed Through Vulnerability

On the final day of Russia’s vote on the proposed constitutional amendments—a vulnerability in the blockchain-based system that allows user’s votes to be decrypted has been exposed by Russian media.

US Officials Oppose Voyager Sale Provision

US Officials Oppose Voyager Sale Provision

US officials request removal of a provision in Voyager Digital's bankruptcy plan, arguing it would impede government's regulatory powers; the provision prevents legal pursuit of those involved in the sale to Binance.US.

Social Media Site X Limits Changpeng Zhao's Account Access

Social Media Site X Limits Changpeng Zhao's Account Access

Changpeng Zhao, former Binance CEO, faced account restriction on social media platform X amidst legal challenges, leading to widespread speculation in the crypto industry.

Investors See Bitcoin as a Long-Term Investment, says Crypto Analyst

Investors See Bitcoin as a Long-Term Investment, says Crypto Analyst

Despite the current price correction, on-chain analyst Willy Woo has revealed that Bitcoin’s velocity is higher than that of funds allocated for spending it.

What is VeChain?

What is VeChain?

VeChain was founded in Shanghai in 2015 by the former CIO of Luis Vuitton China, Sunny Lu, as a blockchain to improve business processes and supply chain management.

Reserve Bank of Australia May Still Have Its Eye on CBDC After All

Reserve Bank of Australia May Still Have Its Eye on CBDC After All

Reserve Bank of Australia's Tony Richards has said that the RBA will continue to consider the potentials of issuing a CBDC.

Bitcoin Crowned ‘Most Viewed Asset in the US’ Last Month, Along with Tesla Stock

Bitcoin Crowned ‘Most Viewed Asset in the US’ Last Month, Along with Tesla Stock

This week, Bitcoin surged in the market again, recording new highs that have not been seen of the digital asset since June of last year.

Argentina Fighter Guido Cannetti Accepts Salary in Stablecoin

Argentina Fighter Guido Cannetti Accepts Salary in Stablecoin

Argentina athlete Guido Cannetti of the world's leading mixed martial arts competition Ultimate Fighting Championship (UFC) announced that his salary will be paid in full in stablecoin USDC.

British Virgin Islands Aims to Rollout a New USD-Backed Digital Currency

British Virgin Islands Aims to Rollout a New USD-Backed Digital Currency

The government of the British Virgin Islands, in partnership with LIFElabs.io, aims to develop a digital currency that will be peeled at the ratio of 1:1 against the United States dollar to be used with the territory.

Binance Announces Upgrade to Proof-of-Reserves Verification

Binance Announces Upgrade to Proof-of-Reserves Verification

Binance's zk-SNARKs update improves proof-of-reserves verification security and transparency.

JPMorgan Collaborates with Indian Banks to Launch Blockchain-Based Dollar Settlement System, Reported Bloomberg

JPMorgan Collaborates with Indian Banks to Launch Blockchain-Based Dollar Settlement System, Reported Bloomberg

JPMorgan Chase & Co., the American multinational investment bank, has formed an alliance with six Indian banks to inaugurate a blockchain-based platform that will handle interbank dollar transactions within India's emerging International Financial Centre.

Global Blockchain Technology Market Expected to Hit $19.9 Billion

Global Blockchain Technology Market Expected to Hit $19.9 Billion

The global blockchain technology market is anticipated to reach $19.9 billion by 2026 from the current $3.4 billion value, according to market research publisher Global Industry Analysts Inc.

Terraform Labs, Luna Foundation Guard Bought 3.06m AVAX in total: Avalanche Foundation

Terraform Labs, Luna Foundation Guard Bought 3.06m AVAX in total: Avalanche Foundation

The Avalanche indicates that Luna Foundation Guard (LFG) has no plans to sell the AVAX tokens in its treasury.

US Now Ranks Ahead of China in Total Bitcoin Mining Servers Hosted

US Now Ranks Ahead of China in Total Bitcoin Mining Servers Hosted

The United States now ranks as the largest Bitcoin mining hub, ahead of China with 35.4% of the global hash rate as of the end of August.

Musk's Boring Company to Accept Payment in Dogecoin

Musk's Boring Company to Accept Payment in Dogecoin

Elon Musk's The Boring Company will accept payment in Dogecoin for rides in its Las Vegas Loop, a CNN report stated.

Crypto Market Watch: Weekly Price Trend Update

Crypto Market Watch: Weekly Price Trend Update

Here is a brief on the most significant crypto price uptrend over the past week.

UK to Host First International AI Safety Conference in November

UK to Host First International AI Safety Conference in November

The United Kingdom is set to host the world's first international conference on AI safety on November 1-2, 2023. The summit aims to position the UK as a mediator in tech discussions between the US, China, and the EU. Prime Minister Rishi Sunak will host the event at Bletchley Park, featuring notable attendees like US Vice President Kamala Harris and Google DeepMind CEO Demis Hassabis. The conference will focus on the existential risks posed by AI, among other safety concerns.

US Sanctions Crypto Addresses of Russian Hackers Accused of Running Presidential Election Interference

US Sanctions Crypto Addresses of Russian Hackers Accused of Running Presidential Election Interference

The US has released a sanctions list of Russians and their crypto addresses, under allegations that they have been interfering with the presidential election.

Bitget creates an AI-powered crypto trading tool

Bitget creates an AI-powered crypto trading tool

Bitget, an influential entity in the fields of crypto derivatives and copy trading, has introduced a novel tool called the Martingale AI trading bot. This AI-powered innovation is engineered to help its users trade cryptocurrencies with higher efficiency.

Banks increase risks to stablecoins

Banks increase risks to stablecoins

The death of the Terra ecosystem triggered a bear market in 2022, causing losses in billions, affecting investor sentiment, and intensifying the regulatory spotlight over cryptocurrencies. Recently, Circle's disclosure that Silicon Valley Bank (SVB) did not process its $3.3 billion withdrawal request led to the depegging of its USD Coin (USDC). This event caused Binance CEO CZ to believe that traditional banks are a risk to stablecoins that are usually pegged 1:1 with fiat currencies, like the U.S. dollar.

Tesla Records $23M Impairment Loss on BTC, Despite Revenue and Profit both Exceeded Expectations in Q2 Financial Report

Tesla Records $23M Impairment Loss on BTC, Despite Revenue and Profit both Exceeded Expectations in Q2 Financial Report

American electric vehicle manufacturer Tesla released its second-quarter financial report on Monday. The company recorded a $23 million impairment loss on Bitcoin subject to the recent volatility.

US court sets deadline for Celsius bankruptcy claimants

US court sets deadline for Celsius bankruptcy claimants

The U.S. Bankruptcy Court in New York State has approved a new filing deadline for former Celsius users to make claims against the former digital assets lender. Any person or entity - which covers individuals, partnerships, corporations, joint ventures and trusts - who wishes to do so must submit a proof of claim by Jan. 3, 2023, 5:00 pm Eastern Time. The decision comes after independent examiner made an allegation Celsius had 'insufficient' accounting and operational controls.

$1.19B Deficit Hole Listed on Balance Sheet: Celsius Network

$1.19B Deficit Hole Listed on Balance Sheet: Celsius Network

A 61-page filing showed Celsius Network with a liability of $5.5 billion, including a $4.7 billion loss from their clients. The Chief executive attributed it to its poor asset deployment decisions.

US Treasury Department Imposes Sanctions on Russian Crypto Mining Firm Bitriver

US Treasury Department Imposes Sanctions on Russian Crypto Mining Firm Bitriver

The invasion of Ukraine by Russia last over 2 months, The U.S. strengthens sanctions over Russia, adding Bitriver to the sanctions list in connection with its ties to the Russian economy.

Over 115 Billion USDT Used in Southeast Asia's Illicit Activities in 2022: Revealed Bitrace

Over 115 Billion USDT Used in Southeast Asia's Illicit Activities in 2022: Revealed Bitrace

Bitrace, a blockchain analytics firm, revealed that 115 billion USDT was involved in illegal cryptocurrency activities in Southeast Asia in 2022, highlighting the transparency of blockchain ledgers.

SEC Chief to Testify Before House Committee on Crypto Oversight

SEC Chief to Testify Before House Committee on Crypto Oversight

SEC chief Gary Gensler will face questioning from the House Financial Services Committee on April 18 regarding his approach toward the crypto ecosystem. The committee will focus on Gensler's rulemaking and approach toward crypto assets and lay down a regulatory sphere for digital assets.

Tether Implements Wallet-Freezing Policy Aligned with US Regulations

Tether Implements Wallet-Freezing Policy Aligned with US Regulations

Tether's wallet-freezing policy, in line with US OFAC regulations, is a proactive approach to cybercrime, setting a new standard in the crypto industry.

Bitcoin Price and Crypto Market Analysis: Opportunities or Risks Ahead?

Bitcoin Price and Crypto Market Analysis: Opportunities or Risks Ahead?

Analysis of why the Bitcoin and crypto market going up and potential opportunities and risks ahead.

Elon Musk Foresees an AI-Dominated Future, Believes China will Command Significant AI Capabilities

Elon Musk Foresees an AI-Dominated Future, Believes China will Command Significant AI Capabilities

Elon Musk, CEO of Tesla, opened up about the future of artificial intelligence (AI) and autonomous driving during his virtual address at the World AI Conference in Shanghai on July 6, 2023.

xAI's Grok: Musk's Novel AI Chatbot with Real-Time Insights

xAI's Grok: Musk's Novel AI Chatbot with Real-Time Insights

Elon Musk's xAI unveiled Grok, an AI chatbot, inspired by 'The Hitchhiker's Guide to the Galaxy, providing real-time world knowledge and answering questions with humor, outperforming other models.

Mauritius Jumps on Digital Currency Bandwagon

Mauritius Jumps on Digital Currency Bandwagon

The issuance of Central Bank Digital Currency (CBDC) has been making airwaves with nations, such as China, leading the hype. The Bank of Mauritius, the central bank of the Republic of Mauritius, seeks to join this bandwagon based on an announcement that it wants to introduce a digital currency.

Circle CEO Criticizes SEC Stablecoin regulations

Circle CEO Criticizes SEC Stablecoin regulations

As payment systems, stablecoins are not securities, according to Circle's CEO.

Interchain Foundation to Spend $40 Million on Cosmos Ecosystem Development

Interchain Foundation to Spend $40 Million on Cosmos Ecosystem Development

The ICF supports adoption initiatives like Interchain Builders and Interchain NFTs while emphasizing core development.

CZ Comments on Binance US CEO's Departure

CZ Comments on Binance US CEO's Departure

Binance US founder CZ announced the departure of Brian Shroder and the appointment of Norman Reed as new leaders. The company is also downsizing, with Krishna Juvvadi and Sidney Majalya leaving. The SEC's recent actions have sparked concerns about a possible criminal inquiry. Despite these challenges, CZ's message to the crypto community remains clear: "Ignore FUD. Keep building."

Bitcoin and the Crypto Market Could Go Down Again—Market Recap and Price Analysis

Bitcoin and the Crypto Market Could Go Down Again—Market Recap and Price Analysis

Both the stock and crypto market could go down, the bitcoin price appears ready to drop.

Ethereum Usage is Now 54 Times to Bitcoin as Ethereum 2.0 Becomes the Largest ETH Holder

Ethereum Usage is Now 54 Times to Bitcoin as Ethereum 2.0 Becomes the Largest ETH Holder

As the neck-to-neck battle between Bitcoin and Ethereum continues, the latter has emerged as the victor in terms of usage.

Binance Launches 'Crypto Against COVID' Charity Project To Fight Global Pandemic

Binance Launches 'Crypto Against COVID' Charity Project To Fight Global Pandemic

On March 25, 2020, Binance in its blog post announced the launch of its new fundraising project titled 'Crypto Against COVID' which aims to raise $5 million in cryptocurrencies which will be used to buy medical equipment for the countries worst affected by Coronavirus.

US Senate Finance Committee Seeks Input on Taxation of Digital Assets

US Senate Finance Committee Seeks Input on Taxation of Digital Assets

The US Senate Finance Committee has issued an open letter to the digital asset community and other interested parties, seeking their input on the taxation of digital assets. The letter, dated July 11, 2023, was signed by Chair Ron Wyden and Ranking Member Mike Crapo.

Global Currency Organization Launches New USD Stablecoin USDD

Global Currency Organization Launches New USD Stablecoin USDD

The Global Currency Organization (GCO) has launched a new USDD token, a US dollar-backed stablecoin, intended for revenue sharing in institutions.

US Congress Considers Using Blockchain for Remote Voting While the White House Urged to Stay Competitive with China

US Congress Considers Using Blockchain for Remote Voting While the White House Urged to Stay Competitive with China

The US Congress is considering using blockchain technology to enable the Senate to conduct remote voting during the ongoing COVID-19 pandemic. The report highlighted that the crisis emphasized the need to consider certain functions to proceed remotely when it may not be safe for members to gather in person. The report explored a combination of different technologies to be used, including blockchain and encrypted E2EE.

The Most Unworkable State Law

The Most Unworkable State Law

An Illinois senator has presented a law that would compel crypto node operators, miners, and validators to reverse transactions if ordered by the court, even though it's impossible.

Explosive growth alongside peace of mind offered by C10 from Invictus

Explosive growth alongside peace of mind offered by C10 from Invictus

With investor focus shifting towards the next market downturn, investors are increasingly seeking protection against potential future drawdowns. The Invictus Capital Crypto10 Hedged fund (C10) is that protection investors are looking for and holds the answers to many investor concerns. The C10 fund has continued to offer investors unparalleled risk adjusted returns in 2021 with a 119% increase in performance for the first quarter.

Neara Secures $24M Series B Boosting Utilities' Resilience and Renewable Energy Integration

Neara Secures $24M Series B Boosting Utilities' Resilience and Renewable Energy Integration

Neara, with a fresh $24M Series B funding, is set to bolster its AI-centric infrastructure modeling platform, aiming to mitigate climate risks faced by utilities and accelerate renewable energy integration. The investment led by Prosus Ventures will fuel Neara's global expansion and the development of its novel System of Enablement functionality, facilitating a smoother transition towards renewable energy, especially in the US and Europe.

Crypto Debit Card Issuer Wirecard Missing Over $2 Billion in Cash as Auditor Raises Questions

Crypto Debit Card Issuer Wirecard Missing Over $2 Billion in Cash as Auditor Raises Questions

Wirecard announced that it is missing $2.1 billion after auditors Ernst & Young raised questions.

Tron Blockchain Launches USDD Decentralized Stablecoin by Tron DAO Reserve

Tron Blockchain Launches USDD Decentralized Stablecoin by Tron DAO Reserve

Justin Sun, the founder of the Tron blockchain network, said that he has launched a USDD decentralized stablecoin pegged to the US dollar at a ratio of 1:1 through the Tron DAO Reserve.

Miller Opportunity Trust Says It Could Invest Up To $300 Million In Grayscale’s Bitcoin Trust

Miller Opportunity Trust Says It Could Invest Up To $300 Million In Grayscale’s Bitcoin Trust

Miller Opportunity Trust plans to invest up to $300 million, or 15% of its net assets, into the Grayscale Bitcoin Trust.

CBDCs Gain Traction Amid Fears of Coronavirus-Contaminated Banknotes, The Economist Survey Uncovers

CBDCs Gain Traction Amid Fears of Coronavirus-Contaminated Banknotes, The Economist Survey Uncovers

In a survey conducted by The Economist and Crypto.com, it found that consumers generally had more trust in central bank digital currencies (CBDCs), rather than decentralized cryptocurrencies.

Arbitrum's New ArbOS 11: A Game Changer for Blockchain and Crypto

Arbitrum's New ArbOS 11: A Game Changer for Blockchain and Crypto

The recent implementation of ArbOS 11 by the Arbitrum community introduces key improvements, including EVM Shanghai support and gas efficiency enhancements, fostering optimism in the crypto market for ARB.

Uniswap's Front-End Fees Surpass $1 Million

Uniswap's Front-End Fees Surpass $1 Million

Uniswap's front-end fees exceed $1 million in 24 days, contributing 17.4% to its total fees, with an estimated annual revenue of $15.2 million.

Luna Terraform Labs Opts for Chapter 11 Bankruptcy to Counter SEC's Securities Fraud Lawsuit

Luna Terraform Labs Opts for Chapter 11 Bankruptcy to Counter SEC's Securities Fraud Lawsuit

Terraform Labs files for bankruptcy to appeal against SEC lawsuit, challenging jurisdiction over crypto assets. CEO Amani challenges jurisdiction, affecting cryptocurrency regulation and digital asset classification.

Russia’s Detained Opposition Leader Alexei Navalny receives $120,000 in Bitcoin Donations as Protests Rage in Moscow

Russia’s Detained Opposition Leader Alexei Navalny receives $120,000 in Bitcoin Donations as Protests Rage in Moscow

Russian’s are using Bitcoin to support detained political opposition leader Alexei Navalny who was recently arrested on Jan. 17 as thousands protest in Moscow for his release.

Tesla Reverses Decision to Accept Bitcoin Payments, Citing Carbon Emission Concerns

Tesla Reverses Decision to Accept Bitcoin Payments, Citing Carbon Emission Concerns

Tesla will no longer be accepting Bitcoin payments for its cars due to the energy requirements for mining the cryptocurrency.

Celsius May Repay Customers With Wrapped Assets

Celsius May Repay Customers With Wrapped Assets

Executives at Celsius Network are proposing to pay back customers by issuing new wrapped assets to trade on other platforms, a new leaked recording revealed.

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.

Atomicals Market Addresses Security Breach and Announces Compensation Measures

Atomicals Market Addresses Security Breach and Announces Compensation Measures

Atomicals Market has implemented measures to restore user trust and enhance platform security following a significant security breach, emphasizing community engagement's crucial role in protocol's future.

Hotbit Suspends Trading, Withdrawals amid Criminal Investigation

Hotbit Suspends Trading, Withdrawals amid Criminal Investigation

Crypto exchange Hotbit announced it had suspended all financial and trading services as part of the capital was frozen by watchdogs that a former employer was involved in a criminal case that is under investigation.

Hut 8 Q2 2023 Report: $19.1 Million Revenue with 9,136 Self-Mined Bitcoin in Custody

Hut 8 Q2 2023 Report: $19.1 Million Revenue with 9,136 Self-Mined Bitcoin in Custody

Hut 8's Q2 2023 report reveals $19.1M revenue and 9,136 self-mined Bitcoin. The quarter saw a net loss of $16.7M and mining profit of $3.2M.

Circle's Stablecoin USDC Affected by Collapsed Bank

Circle's Stablecoin USDC Affected by Collapsed Bank

Circle's USDC stablecoin briefly de-pegged after news that $3.3 billion of its cash reserves were stuck with collapsed bank Silicon Valley Bank. USDC's dollar peg has since recovered, but mass redemptions have led to a drop in the stablecoin's market cap by nearly 10% since March 11.

US President Joe Biden to Sign Executive Order on Crypto this Week

US President Joe Biden to Sign Executive Order on Crypto this Week

U.S. President Joe Biden is expected to issue an executive order on cryptocurrency this week. Authorities would be expected to develop policies to enable the U.S. government to work with foreign powers to regulate crypto and its trade across international borders.

Can CBDC Drive Financial Inclusion?

Can CBDC Drive Financial Inclusion?

There are still 1.7 billion unbanked in the world. What are the reasons behind such a significant number of unbanked? Can CBDC drive their financial inclusion?

Need More Time to Resume Operations: Celsius Network

Need More Time to Resume Operations: Celsius Network

Crypto lender Celsius Network said Monday that it needs more time to resume its operation by stabilizing its liquidity and further pausing activities on Twitter.

Revenue for United States-based Coinbase Exchange Beats Expectations for 4th quarter

Revenue for United States-based Coinbase Exchange Beats Expectations for 4th quarter

Coinbase exceeded Wall Street profit projections in Q4 2022 despite a drop in exchange transaction volumes.

How The Casino Industry is Gaining Profit Amid The COVID Lockdown

How The Casino Industry is Gaining Profit Amid The COVID Lockdown

Analysts from Morgan Stanley have predicted in a recent online publication that the impact of Coronavirus in the U.S., which has led to the shutdown of casinos, could lead to faster growth of the online sports betting industry, and online casinos. The countrywide lockdown that was instituted to control the spread of Covid-19 has spurred an interest in online gambling for individuals involved in the industry, as well as attracting new customers.

The launch of a nonfungible token protocol on the Bitcoin mainnet

The launch of a nonfungible token protocol on the Bitcoin mainnet

On Jan. 21, Bitcoin introduced "Ordinals," an NFT-like programme. However, meme-inspired JPEGs are filling Bitcoin blockspace.

Jul 24 Trading Analysis: What Bloodbath?

Jul 24 Trading Analysis: What Bloodbath?

Despite stonk's bloodbath, BTC managed to close higher on the day with some short squeeze liquidation through $9600 level. I am actually surprised that we are still trading at current levels, would only be a matter of time that we see us retracing back some of its gains, which was why I said yesterday, we need to continue to monitor the momentum of capital into BTC.

Trump Ends COVID-19 Pandemic, according to White House Release

Trump Ends COVID-19 Pandemic, according to White House Release

The Trump Administration has ended the COVID-19 pandemic, or at least according to the list of his accomplishments from the White House Science and Technology Office.

US SEC Hiring Attorneys for Crypto Assets and Cyber Unit

US SEC Hiring Attorneys for Crypto Assets and Cyber Unit

The US SEC is hiring general attorneys in New York, San Francisco, and Washington D.C. for its Crypto Assets and Cyber Unit in the Division of Enforcement. The job will involve investigating crypto asset securities and cyber issues, drafting subpoenas, and questioning witnesses. This move comes after the SEC chairman Gary Gensler asked for $2.4 billion in funding to chase down crypto misconduct.

Assets Belonging to Troubled Crypto Lender Celsius to go Under the Hammer

Assets Belonging to Troubled Crypto Lender Celsius to go Under the Hammer

Celsius Network Ltd., a troubled and bankrupt crypto lender, has disclosed the auction dates for its assets.

Is China Hacking Australia? Cryptojacking Cyberattacks Hit Hard Down Under

Is China Hacking Australia? Cryptojacking Cyberattacks Hit Hard Down Under

The Australian Cyber Security Center has published a report highlighting vulnerabilities that are being exploited by hackers using cryptojacking malware.

Blockdaemon Acquires Crypto API Company Gem

Blockdaemon Acquires Crypto API Company Gem

Blockdaemon has moved to expand its business into the cryptocurrency market with an acquisition of Gem. It will enable Blockdaemon to provide its customers with crypto products.

US House Committee to Discuss Stablecoin Regulation

US House Committee to Discuss Stablecoin Regulation

The US House of Representatives Committee on Financial Services will conduct a hearing on stablecoin regulation on April 19th, following the introduction of a draft bill on stablecoin regulation. The hearing will include testimonies from experts, including Austin Campbell, a managing partner at Zero Knowledge Consulting and adjunct professor at Columbia Business School, who believes stablecoins will expand the reach of the US dollar and increase financial inclusion.

Celsius Creditors Seek Help from Bankruptcy Judge to Uncover Potential Market Manipulation

Celsius Creditors Seek Help from Bankruptcy Judge to Uncover Potential Market Manipulation

Celsius creditors are requesting subpoenas to uncover suspicious trades of CEL token on FTX between April and August 2022, seeking to determine if they were legitimate or constituted market manipulation. This information could be crucial in resolving disputes related to Celsius' bankruptcy. Meanwhile, FTX is pending approval to sell LedgerX for approximately $50 million.

JustCarbon DAO Announces Multi-Exchange Platform Partnership

JustCarbon DAO Announces Multi-Exchange Platform Partnership

Carbon action marketplace JustCarbon has announced a multi-exchange platform partnership with DigiFinex, Coinsbit, LAToken and Coinstore signifying a play for dominance in the carbon market.

Court Upholds OFAC's Designation of Tornado Cash Under IEEPA

Court Upholds OFAC's Designation of Tornado Cash Under IEEPA

The US District Court upheld the OFAC's designation of Tornado Cash under the IEEPA, rejecting plaintiffs' claims of overreach and First Amendment violations, highlighting legal challenges for privacy-oriented blockchain entities.

Hong Kong, a Coronavirus Hit City: How is the Blockchain Ecosystem Bracing for Greater Impact?

Hong Kong, a Coronavirus Hit City: How is the Blockchain Ecosystem Bracing for Greater Impact?

Workers in China are now stuck in their hometowns, with 27 Mainland cities on lockdown in the country. Hong Kong has been investigated cases of environmental transmission of the coronavirus, as two residents in Hong Kong have been infected who live in the same residential building, but on different floors. This, in turn, could impact the US stock market, as the country was previously confident that China could contain the spread of the disease.

COVID-19 Market Climate Perfect Catalyst for Bitcoin Demand Says Binance.US CEO

COVID-19 Market Climate Perfect Catalyst for Bitcoin Demand Says Binance.US CEO

The coronavirus panic-driven frenzy to acquire assets of lasting bona-fide value has put the traditional gold market to the test and may be creating the perfect catalyst for Bitcoin according to Binance.US CEO Catherine Coley.

Bank of China’s Former President Lists Four Key Conditions For Digital Yuan to Replace Cash

Bank of China’s Former President Lists Four Key Conditions For Digital Yuan to Replace Cash

The former head of the People’s Bank of China announced that the soon to be launched Digital Yuan will be able to replace cash if certain key conditions are met.

Most Americans Plan to Use $1,400 Stimulus Checks to Invest in Bitcoin and Stocks - Mizuho Survey

Most Americans Plan to Use $1,400 Stimulus Checks to Invest in Bitcoin and Stocks - Mizuho Survey

Mizuho has released a new survey showing that with the third round of $1,400 stimulus payments already hitting Americans’ bank accounts, most recipients are planning to use their stimulus checks to buy Bitcoin and stocks. Interestingly, the survey found that Bitcoin was a more popular choice among stimulus recipients than stocks.

Celsius CEO Alex Mashinsky Involves Untimely Trading Prior to Crash: FT

Celsius CEO Alex Mashinsky Involves Untimely Trading Prior to Crash: FT

Celsius's Chief Executive Officer, Alex Mashinsky, has been practically handling untimely trading activities of the firm since January.

Russian Federal Watchdog Censors Binance for Distributing Crypto-Related Data

Russian Federal Watchdog Censors Binance for Distributing Crypto-Related Data

Roskomnadzor has blacklisted crypto exchange Binance for what it deems as “containing information prohibited for distribution in Russia.

Bitcoin Price Drops Below $9K as Stock Markets Erase Gains Amid Incoming Second Wave of COVID-19 Cases

Bitcoin Price Drops Below $9K as Stock Markets Erase Gains Amid Incoming Second Wave of COVID-19 Cases

Bitcoin price is currently hitting its lowest levels in around 3 weeks, as stocks are rumored to anticipate an incoming crash. Bitcoin (BTC) dipped below the $9,000 on June 15 and continued to hover above $9,000 shortly after.

What the UK Prime Minister's Resignation Means for the Crypto Industry

What the UK Prime Minister's Resignation Means for the Crypto Industry

UK Prime Minister, Liz Truss has resigned, stirring uncertainty on the future of the Crypto Industry

Prosecutors Investigate Do Kwon with Ponzi Fraud Charges amid Terraform Labs Dissolvement

Prosecutors Investigate Do Kwon with Ponzi Fraud Charges amid Terraform Labs Dissolvement

South Korean Prosecutors are investigating Do Kwon if they will file Ponzi fraud charges against him following the Terra crash.

Deloitte: 80% of Bank Executives Sees Digital Assets as a Vital Part of their Businesses in 24 Months

Deloitte: 80% of Bank Executives Sees Digital Assets as a Vital Part of their Businesses in 24 Months

Blockchain has played a major role in shifting the paradigm in the financial services industry

Circle's New APIs Simplify Complex Crypto Concepts For Mass Institutional Adoption

Circle's New APIs Simplify Complex Crypto Concepts For Mass Institutional Adoption

Circle Builds Layers of Simplicity over Complex Crypto Concepts for Business to Trigger Digital Adoption

Former FTX US Head Launches New Crypto Software

Former FTX US Head Launches New Crypto Software

Former FTX US CEO launches bitcoin software startup. Brett Harrison's latest firm, Architect, received $5 million from investors. The firm will create crypto trading software for huge organisations.

South Korea's Crypto Protection Law Advances in Assembly

South Korea's Crypto Protection Law Advances in Assembly

In a landmark move for South Korea's cryptocurrency sector, the Cryptocurrency User Protection Act (also known as the Cryptocurrency Investor Protection Law) has successfully passed through the Legal Affairs Committee, marking a momentous milestone in the legislative process for digital assets.

Tackling DeFi Scams: Making Pre-sale Ecosystems Safer

Tackling DeFi Scams: Making Pre-sale Ecosystems Safer

Investors are aware that “rug pull” scams have negatively affected the reputation of the DEFI/DEX space in recent times. But liquidity protocols could be an effective solution.

Silvergate Bank Voluntary Liquidation Sparks Controversy in Crypto Industry

Silvergate Bank Voluntary Liquidation Sparks Controversy in Crypto Industry

The recent announcement of Silvergate Bank’s voluntary liquidation has led to a heated debate in the crypto industry, with some lawmakers labeling the sector as “risky” and “volatile.” Crypto executives and commentators have criticized these remarks and suggested that government investigations and legal attacks hastened the bank’s collapse. As Silvergate winds down, some crypto firms are seeking alternative banking partners amid concerns of regulatory crackdowns and proposed tax law changes.

Spanish Renewable Energy Firm Partners with Climate Blockchain Initiatives to Boost Carbon Offset Sales on Blockchain

Spanish Renewable Energy Firm Partners with Climate Blockchain Initiatives to Boost Carbon Offset Sales on Blockchain

Acciona, a leading Spanish renewable energy company, has joined hands with Climate Blockchain Initiatives (CBI), a Valencia-based startup, to boost the sale of its carbon offsets using the latter’s blockchain-powered trading platform.

Ripple CEO Says Bitcoin PoW Energy Use Makes Square Target of Biden’s Climate Change Agenda

Ripple CEO Says Bitcoin PoW Energy Use Makes Square Target of Biden’s Climate Change Agenda

Ripple CEO thinks Bitcoin’s PoW energy consumption makes public companies who invested heavily in BTC, like Square, potential targets of Joe Biden’s climate change agenda.

The Russia-Ukraine War Might Accelerate CBDC Issuance, Former BOJ Official Says

The Russia-Ukraine War Might Accelerate CBDC Issuance, Former BOJ Official Says

The sanctions slapped on Russia based on its invasion of Ukraine might prompt more nations to adopt CBDCs as a shield against the U.S. dollar’s supremacy in the global financial system.

Platypus Finance Suffers Exploit Resulting in Over $2M Loss

Platypus Finance Suffers Exploit Resulting in Over $2M Loss

Platypus Finance, a DeFi protocol on the Avalanche blockchain, suffered an exploit on 12th October 2023, leading to a loss of over $2 million. The protocol had temporarily suspended all pools due to suspicious activities and is working towards resolving the issue. Blockchain security firm PeckShield Inc identified and disclosed the exploit, underscoring the need for enhanced security measures in the DeFi space.

Why Switzerland is Fast Becoming a Global Hub for Blockchain Industry

Why Switzerland is Fast Becoming a Global Hub for Blockchain Industry

Switzerland is fast adopting innovation and blockchain and is positioned to create a huge impact on other economies.

Bitcoin Billionaire Winklevoss Slams European Central Bank Money Printing Despite Strong Euro

Bitcoin Billionaire Winklevoss Slams European Central Bank Money Printing Despite Strong Euro

Bitcoin billionaire and Gemini Exchange Founder Tyler Winklevoss Slams European Central Bank's continued stimulus and low refinancing rates despite a strong Euro.

Gala Games Assures 'Business as Usual' Despite Founders' Legal Battle

Gala Games Assures 'Business as Usual' Despite Founders' Legal Battle

Gala Games co-founder Eric Schiermeyer has filed a derivative shareholder lawsuit against co-founder Wright Thurston and True North United Investments, LLC. The company assures transparency and accountability, stating the disputes are primarily between the founders and not involving the company.

US Army Reveals That North Korea Has A Legion of 6,000 Hackers Working for the Nation

US Army Reveals That North Korea Has A Legion of 6,000 Hackers Working for the Nation

In a tactical report, the US Army unveiled that North Korea possessed government-based divisions assigned to cryptocurrency and crypto cybercrimes.

How Apple Will Advance in Generative AI in 2024

How Apple Will Advance in Generative AI in 2024

Apple's 2024 agenda includes the launch of Vision Pro, advancements in generative AI with iOS 18, and integrating AI across its ecosystem. Emphasizing thoughtful AI integration, Apple navigates generative AI's potential while maintaining its privacy-focused approach.

Interactive Brokers Launches Cryptocurrency Trading Service for US Financial Advisors

Interactive Brokers Launches Cryptocurrency Trading Service for US Financial Advisors

Interactive Brokers has made steps closer to realizing its vision for unlocking broad access to what is regarded as lucrative. The brokerage firm has introduced a crypto trading service on its public market to make cryptocurrencies accessible to retail investors.

BTC & ETH Have Been the Best Risk-Adjusted Assets over the Last Year

BTC & ETH Have Been the Best Risk-Adjusted Assets over the Last Year

Bitcoin (BTC) and Ethereum (ETH) have been the best risk-adjusted assets over the last year based on the Sharpe Ratio.

Payments giant PayPal and Galaxy raise $20 million

Payments giant PayPal and Galaxy raise $20 million

The investment round included 23 organizations and six angel investors.

Protests Erupt as Alexander Lukashenko Wins Disputed Landslide Election in Crypto Forward Belarus

Protests Erupt as Alexander Lukashenko Wins Disputed Landslide Election in Crypto Forward Belarus

In Belarus, a highly contested election victory for longstanding President Alexander Lukashenko over Svetlana Tikhanovskaya has erupted in protests. Despite the dispute, the Soviet forged dictator’s stay of power may be good news for crypto.

Binance P2P Introduces Flat Taker Fee on USDT Trades in Select Markets

Binance P2P Introduces Flat Taker Fee on USDT Trades in Select Markets

Binance P2P platform announces the implementation of a flat taker fee for USDT trading pairs across selected fiat markets, set to take effect by end of June 2024.

Terra Erases 12 Months Bullish Gains with 94% Drop in Value

Terra Erases 12 Months Bullish Gains with 94% Drop in Value

The Terra community is almost in disarray as the ecosystem’s two flagship tokens including LUNA and UST are on a freefall amid the most bearish sentiment the blockchain protocol has ever seen.

US Department of Justice Shuts Down Pornography Site That Sells Child Pornography For Bitcoin

US Department of Justice Shuts Down Pornography Site That Sells Child Pornography For Bitcoin

A charge was brought upon a South Korean citizen named Jong Woo Son and other hundreds of individuals in different countries to have been operating the world's largest child sexual exploitation website by volume of content using bitcoin as a means of exchange.

Grayscale Contacts with SEC over the Securities Status of Three Trusts

Grayscale Contacts with SEC over the Securities Status of Three Trusts

Grayscale Investments, a subsidiary of the Digital Currency Group (DCG) has been in contact with a staff of the United States Securities and Exchange Commission (SEC) over the definition of the status of three of its established Trusts.

Paxful Addresses Security Breach Rumors And Says Customer Data Is Safe

Paxful Addresses Security Breach Rumors And Says Customer Data Is Safe

Paxful has downplayed the significance of a data breach that saw the private information of 4.8 million of its customers accessed online, saying that the information is fake.

FATF Assessment Finds Majority of US Exchanges are Compliant with Virtual Asset Guidance

FATF Assessment Finds Majority of US Exchanges are Compliant with Virtual Asset Guidance

The Financial Action Task Force (FATF) has published an assessment of the US’s compliance with its revised criteria for anti-money laundering (AML) and terrorist financing (CTF) through virtual assets and found that most virtual asset providers are compliant.

US House Committee to Probe Crypto Crimes in November Hearing

US House Committee to Probe Crypto Crimes in November Hearing

The US House Financial Services Committee will hold a hearing today, November 15, 2023, to examine illicit cryptocurrency activities, including money laundering and terrorist financing, and discuss the Department of Justice's focus on these crimes.

Solana Network Experiences Slowdown in Block Production Following Upgrade

Solana Network Experiences Slowdown in Block Production Following Upgrade

After validator software update, Solana network block generation slowed on Feb. 25.

ConsenSys Sued For IP Theft by Blockchain Startup from its Own Incubator

ConsenSys Sued For IP Theft by Blockchain Startup from its Own Incubator

BlockCrushr, a Canadian blockchain firm has accused ConsenSys of stealing its intellectual property after it took part in a ConsenSys’ startup accelerator program.

Crypto Market Cap Clashes over 50% to around $1.4T

Crypto Market Cap Clashes over 50% to around $1.4T

The market cap of cryptocurrencies has fallen more than 50% to around $1.4 trillion as the Federal Reserve (Fed) raised interest rates by 50 basis points sparking a sell-off panic among investors.

Ether.fi (ETHFI) Set to Launch on Binance Launchpool, Enabling Users to Farm Tokens by Staking BNB and FDUSD

Ether.fi (ETHFI) Set to Launch on Binance Launchpool, Enabling Users to Farm Tokens by Staking BNB and FDUSD

Binance announces the upcoming launch of Ether.fi (ETHFI) on its Launchpool platform, allowing users to farm ETHFI tokens by staking BNB and FDUSD. The decentralized staking protocol will be the 49th project featured on Binance Launchpool.

Coinbase and Venmo Users Angered by Privacy Issues—Fintech Firm Faces Second Class Action Lawsuit

Coinbase and Venmo Users Angered by Privacy Issues—Fintech Firm Faces Second Class Action Lawsuit

A second lawsuit has been filed against the fintech company Plaid, for violating user data privacy agreements they hold with major financial accounts that use Coinbase and Venmo.

Bybit suspends USD bank transfers amid service outages

Bybit suspends USD bank transfers amid service outages

Dubai-based crypto exchange Bybit has temporarily suspended USD deposits via bank transfers due to "service outages from a partner." Users can still withdraw funds through wire transfers until March 10, but are encouraged to do so as soon as possible to avoid potential disruptions. Bybit has exposure to the bankrupt crypto lender Genesis Global Trading and claims all client funds are safe and secure.

Standard Chartered’s Zodia Custody Gets FCA Approval to Offer Cryptocurrency Services

Standard Chartered’s Zodia Custody Gets FCA Approval to Offer Cryptocurrency Services

Zodia Custody has been given greenlight to provide cryptocurrency services to institutions.

Unchained Capital Raises $60M in Bitcoin Funding

Unchained Capital Raises $60M in Bitcoin Funding

Financial services provider Unchained Capital has raised $60 million in a Series B funding round led by Valor Equity Partners. The company uses multi-signature technology to provide a more secure way to hold Bitcoin, allowing clients to share control of their funds between private keys they hold themselves and those held by Unchained or other financial services companies. The funding will be used to expand Unchained's reach and suite of services.

Could Bitcoin and Blockchain Be Affected by the Coronavirus?

Could Bitcoin and Blockchain Be Affected by the Coronavirus?

Blockchain, Bitcoin and Viruses. What can we expect?

US Blockchain Firm Ripple Considers Relocation to UK and Singapore for Better Crypto Regulatory Clarity

US Blockchain Firm Ripple Considers Relocation to UK and Singapore for Better Crypto Regulatory Clarity

Ripple CEO explains why he is considering UK and Singapore as potential countries to move blockchain firm Ripple's operations to.

Binance.US To Delist AMP following SEC’s Claim Token as Security

Binance.US To Delist AMP following SEC’s Claim Token as Security

Binance.US has announced that it will delist AMP following last week’s news that the SEC mentioned the token as a security.

Kraken Introduces Simple, Secure, and Powerful Kraken Wallet

Kraken Introduces Simple, Secure, and Powerful Kraken Wallet

Kraken has launched Kraken Wallet, a self-custodial wallet that offers simplicity, security, and power to users. The wallet allows seamless interaction with popular blockchains, comprehensive portfolio tracking, and WalletConnect integration. With a focus on privacy and backed by Kraken's industry-leading security measures, Kraken Wallet aims to accelerate crypto adoption and empower users in the decentralized world.

3 Reasons Behind the Recent Crypto Market Crash—Why Bitcoin Price Dropped $600

3 Reasons Behind the Recent Crypto Market Crash—Why Bitcoin Price Dropped $600

The Bitcoin price started to plunge in coincidence with our report of the Korean police raiding Korea’s largest cryptocurrency exchange Bithumb for fraud. 

Unstable Diffusion: What Does It Truly Mean?

Unstable Diffusion: What Does It Truly Mean?

Unstable Diffusion, the NSFW counterpart to Stable Diffusion, offers unrestricted image generation from text. Similar to ChatGPT NSFW and DAN GPT, it bypasses service provider constraints, potentially leading to biases and explicit content.

Blockchain and the Wheel of Fate: The Role of Blockchain Technology in Disease Surveillance and Pandemic Prevention

Blockchain and the Wheel of Fate: The Role of Blockchain Technology in Disease Surveillance and Pandemic Prevention

Pandemics are an inescapable fact of life on Earth. They have happened before, and we are on the verge of experiencing the latest such event through the relentless spread of the coronavirus. How can blockchain technology help to contain pandemics?

Here is Why Tether Blacklisted Five TRON Addresses

Here is Why Tether Blacklisted Five TRON Addresses

Tether has blacklisted five new addresses on the TRON blockchain, highlighting its efforts to maintain network integrity and security. The largest address lost over $1.2 million USDT, aiding law enforcement and users in recovering stolen funds.

Digital Asset Protection Firm Coincover Secures $30 Million in Funding Round

Digital Asset Protection Firm Coincover Secures $30 Million in Funding Round

Foundation Capital and CMT Digital invest $30 million in Coincover to safeguard digital assets.

Over 12,000 Brazilan Firms Hold Crypto, Says Local Tax Authority

Over 12,000 Brazilan Firms Hold Crypto, Says Local Tax Authority

According to a recent report from the Brazilian Tax Authority (RFB), Brazil registered a hike in records of companies and institutions claiming to hold some cryptocurrencies.

FIS Worldpay Partners with Circle for Merchant Payment Settlements in USDC Stablecoin

FIS Worldpay Partners with Circle for Merchant Payment Settlements in USDC Stablecoin

By partnering with Circle, Worldpay will enable merchants to have the ability to receive settlement directly in USDC stablecoin.

North Korean macOS Malware Detected on Crypto Platform

North Korean macOS Malware Detected on Crypto Platform

North Korean hackers known as the Lazarus group are believed to be behind the malicious piece of macOS malware that is capable of removing payloads from crypto-sites and running them as memory. The malware was barely detected by security researchers who claim this is the second attack in as many months by Lazarus.

FTX Boss Is Rethinking On $1B Political Donation, Calls It A Slip of Tongue

FTX Boss Is Rethinking On $1B Political Donation, Calls It A Slip of Tongue

Democratic cryptocurrency exchange founder Sam Bankman-Fried said in the past that he could spend a record $1 billion in the 2024 US election.

US DOJ Launches National Crypto Enforcement Team

US DOJ Launches National Crypto Enforcement Team

The US DOJ has unveiled establishing a National Cryptocurrency Enforcement Team (NCET), a law enforcement task force fighting crypto crime.

Hacking Ransomware Group REvil Threatens to Strike Again

Hacking Ransomware Group REvil Threatens to Strike Again

Previously known to be the company that has hacked big-name Grubman Shire Meiselas & Sacks, REvil threatens to keep up with their devious activities. This time, the new scheme that they plan to carry out entails big-name celebrities, such as rap star Nicki Minaj, and NBA superstar Lebron James. They also extended their cyber-attacks to include Mariah Carey.

Ripple considers FTX trades Garlinghouse

Ripple considers FTX trades Garlinghouse

Ripple CEO Brad Garlinghouse is reportedly interested in buying certain parts of collapsed crypto exchange FTX. Former FTX CEO Sam Bankman-Fried called him two days before the company filed for bankruptcy as he sought to round up investors to rescue the business. Approximately 130 companies affiliated with FTX, including FTXUS, were included in the bankruptcy filing in Delaware.

Australian Bankers Association cost of living probe shows bank pressure

Australian Bankers Association cost of living probe shows bank pressure

The Australian Bankers Association (ABA) has launched a cost of living review to determine how the COVID-19 epidemic, global supply chain restrictions, geopolitical tensions, and other factors have raised Australia's already high cost of living. The research will examine Australia's economic policies and ways to cut living costs.

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.

Facebook Diem Project to Launch USD Stablecoin after Dropping Swiss License Application Plan

Facebook Diem Project to Launch USD Stablecoin after Dropping Swiss License Application Plan

Diem Association is planning to move its main operations from Switzerland to the United States.

Exclusive: Why are Independent Third Party Crypto Custodians so Important?

Exclusive: Why are Independent Third Party Crypto Custodians so Important?

Alexandre Kech, CEO of Onchain Custodian shares with us the importance of independent third party custodian solutions. He identified three grey areas for assets under custody by the exchange and how Onchain Custodian identifies the custodial needs for crypto players and traditional financial giants!

Crypto.com Rolls Out Trading Platform in the U.S.

Crypto.com Rolls Out Trading Platform in the U.S.

Singapore-based cryptocurrency trading outfit Crypto.com has announced the initial phase of its exchange platform launch in the United States.

ARK Invest Intensifies Investment in Robinhood

ARK Invest Intensifies Investment in Robinhood

ARK Invest, led by Bitcoin enthusiast Cathie Wood, increased its stake in Robinhood, buying 1.1 million shares worth over $9.5 million in a single day. The investment was distributed across three ARK ETFs, with ARKK acquiring the majority.

UK’s Argo Blockchain Buys 320 Acres in Texas to Build Bitcoin Mining Facility

UK’s Argo Blockchain Buys 320 Acres in Texas to Build Bitcoin Mining Facility

London-based Argo Blockchain has joined an increasing number of firms seeking to construct crypto mining facilities in Texas, US.

Circle Inks Strategy Partnership with Bancorp for USDC Custody

Circle Inks Strategy Partnership with Bancorp for USDC Custody

Circle Internet Financials LLC, the blockchain company responsible for the issuance of the USDC stablecoin, has announced its latest partnership with New York Community Bank (NYCB).

IOSCO Proposes Measures To Probe Digital Marketing Risks

IOSCO Proposes Measures To Probe Digital Marketing Risks

Concerning the rapid increase of risks in digital marketing, The International Organization of Securities Commissions, or IOSCO, has proposed some measures for its member countries to consider when deciding their policy and imposition approaches to retail online offerings and marketing.

Brock Pierce's Presidential Campaign Enlists Akon as Chief Strategist

Brock Pierce's Presidential Campaign Enlists Akon as Chief Strategist

Crypto entrepreneur Akon has announced that he will be endorsing Brock Pierce’s presidential campaign and joining the crypto venture capitalist’s campaign team.

Will Terra’s UST and LUNA Crash Cause a Shift to ‘Cryptos that have Stood the Test of Time’?

Will Terra’s UST and LUNA Crash Cause a Shift to ‘Cryptos that have Stood the Test of Time’?

LUNA has left crypto enthusiasts' mouths agape because they could never imagine in their wildest dreams that one of the top ten cryptocurrencies could collapse to near-zero overnight.

Do Kwon Denies Allegations of Cashing Out $2.7Bn through DegenBox

Do Kwon Denies Allegations of Cashing Out $2.7Bn through DegenBox

According to a Twitter user, FatMan Terra, Do Kwon allegedly used the Abracadabra protocol, DegenBox to siphon as much as $2.7 billion from the UST and Terra coffers months leading to the eventual collapse of the Layer-1 protocol.

OpenAI Suspends ChatGPT Plus Sign-ups Due to Overwhelming Demand

OpenAI Suspends ChatGPT Plus Sign-ups Due to Overwhelming Demand

OpenAI has suspended new ChatGPT Plus premium sign-ups due to high demand, following a DDoS attack at its first development conference. The platform has reached 100 million monthly users in two months.

Russia Restricts Anonymous Cash Deposits to Online Wallets

Russia Restricts Anonymous Cash Deposits to Online Wallets

The Russian Government has put strict limits on anonymous deposits made to online wallets. While it is not a complete ban, the initiative by lawmakers is promoted as a step to deter illegal activity such as money laundering and illicit drug transactions and could affect up to 10 million users.

Wealthfront To Enable Cryptocurrency Investments for its Clients

Wealthfront To Enable Cryptocurrency Investments for its Clients

Wealthfront is the latest mainstream firm that plans to offer cryptocurrencies to its clients.

US CFTC Rounded Up Over $1.3B in Regulatory Penalties in 2019, 40% More Than the Previous Year

US CFTC Rounded Up Over $1.3B in Regulatory Penalties in 2019, 40% More Than the Previous Year

The US Commodity Futures Trading Commission (CFTC), the derivatives regulator in the US has collected over $1.3 billion in regulatory and administrative penalties in the fiscal year of 2019, including funds collected from cryptocurrency businesses, which ended on Sept. 30.

Binance Acquires Majority Stake in Gopax

Binance Acquires Majority Stake in Gopax

Binance returned to South Korea with a controlling ownership in ailing exchange Gopax.

Trust Wallet connects Binance Pay and Coinbase Pay

Trust Wallet connects Binance Pay and Coinbase Pay

Trust Wallet launched its browser extension, now available in Chrome and Opera browsers. The extension lets users store, send and receive crypto across all EVM chains and Solana networks. Binance CEO Changpeng Zhao publicly endorsed Trust Wallet, stating "self-custody is a fundamental human right".

Coinbase Blocked 25,000 Wallet Addresses of Russian Individuals or Entities Linked to Illegal Activities

Coinbase Blocked 25,000 Wallet Addresses of Russian Individuals or Entities Linked to Illegal Activities

Cryptocurrency exchange Coinbase Global Inc. said it has blocked 25,000 wallet addresses of Russian individuals or entities linked to illegal activities.

FTX.US President Brett Harrison to Step down

FTX.US President Brett Harrison to Step down

FTX.US will name a new chief for its crypto business to succeed Harrison, who will depart within the next few months.

CIMB Bank Singapore Collaborates with iTrust for First-Ever Blockchain Trade Financing

CIMB Bank Singapore Collaborates with iTrust for First-Ever Blockchain Trade Financing

CIMB Bank Singapore and iTrust have collaborated in the first-ever successful blockchain trade financing transaction.

Ukraine Launches ‘NFT Museum’ to Remember the War and Raise Funds

Ukraine Launches ‘NFT Museum’ to Remember the War and Raise Funds

Ukraine is leveraging blockchain technology to keep the memory of war and celebrate Ukrainian freedom and identity.

Coinbase's Custodial Role in New Bitcoin Spot ETFs Marks a Crypto Milestone

Coinbase's Custodial Role in New Bitcoin Spot ETFs Marks a Crypto Milestone

Coinbase's role in the newly approved Bitcoin spot ETFs by the SEC marks a crucial advancement in cryptocurrency's integration into mainstream finance, bringing regulatory clarity and institutional investment opportunities.

Crypto Token Backed by $25M Diamond Ponzi Scam Flagged by DoJ

Crypto Token Backed by $25M Diamond Ponzi Scam Flagged by DoJ

The US Department of Justice charged a Florida native with wire fraud, for soliciting investors in a diamond-backed cryptocurrency Ponzi and investment scam.

Democrat Nancy Pelosi Says $1.8T COVID-19 Stimulus Package Talks at Standstill, How will Bitcoin react?

Democrat Nancy Pelosi Says $1.8T COVID-19 Stimulus Package Talks at Standstill, How will Bitcoin react?

Democrat Nancy Pelosi said yesterday that discussions over a new $1.8 trillion stimulus package have ground to a halt, what could the stimulus delay mean for Bitcoin?

Celsius Spent Over $40m on Crypto Mining in First Two Weeks after Bankruptcy

Celsius Spent Over $40m on Crypto Mining in First Two Weeks after Bankruptcy

Celsius Network LLC used more than $40 million in cash on its startup mining operation in the first two weeks after filing for bankruptcy, according to a report from the Wall Street Journal.

Coinbase Rolls Out AI-Driven ERC-20 Scam Token Detection System

Coinbase Rolls Out AI-Driven ERC-20 Scam Token Detection System

Chief Legal Officer Paul Grewal unveils Coinbase's ERC-20 Scam Token Detection System, combining smart contract auditing with machine learning to tackle crypto scams. Disclosed on October 6, 2023, this initiative enhances security and trust in token listings on the platform.

G7 Bank Sector Higher Money Laundering Risk than Crypto Industry, Reports Mexico Financial Intelligence

G7 Bank Sector Higher Money Laundering Risk than Crypto Industry, Reports Mexico Financial Intelligence

According to a report released by the Financial Intelligence Unit of Mexico, the G7 banking sector was most at risk of money laundering operations.

In Talks with "Interested Parties" for Bailout, Says Zipmex

In Talks with "Interested Parties" for Bailout, Says Zipmex

Zipmex cryptocurrency trading platform is looking ahead as it has confirmed that it is in talks with interested parties who would like to bail out the platform from its recently identified woes.

Banking Giants CIBC and Aussie's NAB Partners to Use RippleNet Solution

Banking Giants CIBC and Aussie's NAB Partners to Use RippleNet Solution

North American banking giant, the Canadian Imperial Bank of Commerce (CIBC), and the National Bank of Australia (NAB) have inked a partnership to bolster each other’s cross-border payments settlement, with Ripple’s RippleNet solution.

Dogecoin Coinbase Debut Aided by its Growing Utility

Dogecoin Coinbase Debut Aided by its Growing Utility

Dogecoin continued on its bullish rally as it makes its debut on the Coinbase exchange.

Tornado Cash Developer Arrested by Dutch Authorities

Tornado Cash Developer Arrested by Dutch Authorities

The Dutch Fiscal Information and Investigation Service (FIOD) has arrested a suspect in connections to money laundering crimes on the crypto mixing platform, Tornado Cash

Market Downturn Triggers Delisting of Crypto ETFs in Australia

Market Downturn Triggers Delisting of Crypto ETFs in Australia

Crypto winter is considered to have caused low demand for such ETFs in Australia. Cosmos Asset Management said it plans to delist three of its cryptocurrency ETFs on the Cboe stock exchange.

US Treasury Targets Hamas Financial Networks Post-Israel Attack

US Treasury Targets Hamas Financial Networks Post-Israel Attack

In a strategic move following the recent terrorist attack on Israel, the US Treasury designated ten key individuals and entities affiliated with Hamas, targeting their financial networks across several countries. This action accentuates the broader US initiative to choke off Hamas’s financial resources, while spotlighting the emerging challenges posed by virtual currencies in terror financing.

Sam Bankman-Fried May Cashout Up To $100M from Twitter Buyout

Sam Bankman-Fried May Cashout Up To $100M from Twitter Buyout

Sam Bankman-Fried is set to cash out about $100 million from Twitter per his earlier investment in the company.

Ethereum Merge Might Happen in August as Testing Enters Final Round

Ethereum Merge Might Happen in August as Testing Enters Final Round

Speaking at the Permissionless 2022 Conference in Florida, U.S., Ethereum Researcher Justin Drake disclosed that the merge might happen in August.

Platypus Launches Native Stablecoin USP

Platypus Launches Native Stablecoin USP

Platypus Finance is launching USP, a protocol-native stablecoin. USP’s deployment has emerged from Platypus’ goal of improving capital efficiency for its users. USP also resolves long-running collateral issues associated with stablecoins. The native Platypus Finance stablecoin has been designed to reduce the liquidity fragmentation and scattered assets that are endemic to many protocols.

Citigroup Sets to Begin Trading Bitcoin Futures for Institutional Clients

Citigroup Sets to Begin Trading Bitcoin Futures for Institutional Clients

Citigroup plans to start trading Bitcoin futures on the Chicago Mercantile Exchange and launch Bitcoin exchange-traded notes later. The bank intends to offer this new service for specific institutional clients.

PwC: Blockchain Technology Has the Potential to Boost Global GDP Up $1.76 Trillion By 2030

PwC: Blockchain Technology Has the Potential to Boost Global GDP Up $1.76 Trillion By 2030

Findings from PwC indicate that by 2030, blockchain technology has the potential to boost global gross domestic product (GDP) by $1.76 trillion.

Australian Securities Exchange Postpones Migration to Blockchain Settlement System Due to Coronavirus Concerns

Australian Securities Exchange Postpones Migration to Blockchain Settlement System Due to Coronavirus Concerns

The Australian Securities Exchange has further postponed the replacement of its current CHESS system with a new blockchain-based settlement system due to coronavirus concerns.

60k BTC and 60k ETH on Justin Sun's Tron Seem Unbacked

60k BTC and 60k ETH on Justin Sun's Tron Seem Unbacked

Crypto analyst ErgoBTC suggests 60k TRC20 BTC and 60k TRC20 ETH tokens on Justin Sun's Tron network, currently in JustLend protocol, appear unbacked, implying a $1.8B non-existent TVL.

Alibaba Sees Blockchain as the Icing on the Cake in the Film Industry

Alibaba Sees Blockchain as the Icing on the Cake in the Film Industry

During the ongoing 28th Golden Rooster and Hundred Flowers Film Festival happening in Xiamen, China, Li Jie, senior vice president of Alibaba Pictures, noted that blockchain was crucial in propelling the growth of the Chinese film industry.

HSBC approves multi-million-pound bonuses for Silicon Valley Bank UK staff

HSBC approves multi-million-pound bonuses for Silicon Valley Bank UK staff

HSBC UK Bank, which acquired Silicon Valley Bank UK for just one pound, has reportedly approved multi-million-pound bonuses for its staff and senior executives. The bonus pool, totaling between £15m and £20m, was described as "modest" by insiders and was said to be in honor of previously agreed payments and to retain key staff.

Mike Novogratz Wins 0.5 BTC on Biden Election Bet, Holds Twitter Lottery

Mike Novogratz Wins 0.5 BTC on Biden Election Bet, Holds Twitter Lottery

Mike Novogratz revealed that he won half a Bitcoin in an election bet he placed on a Biden election win over the weekend. He then held an impromptu Twitter lottery giveway.

US SEC Delays Proposals for Spot Bitcoin ETFs from WisdomTree and One River

US SEC Delays Proposals for Spot Bitcoin ETFs from WisdomTree and One River

The securities regulator of the U.S. SEC has yet to approve a US exchange-traded fund that invests directly in the cryptocurrency.

California Signs Executive Order to Formulate Crypto Regulations

California Signs Executive Order to Formulate Crypto Regulations

The US state of California announced that state agencies will work with the federal government to formulate digital currency regulations to officially accept and supervise cryptocurrencies.

Binance Users Reach 150M

Binance Users Reach 150M

According crypto exchange Binance CEO Changpeng Zhao's tweet, Binance has achieved several key milestones, reflecting its ongoing commitment to expansion and innovation.

Bank Of Russia Opposes International Trade Crypto Investment

Bank Of Russia Opposes International Trade Crypto Investment

The Bank of Russia is prepared to look into the possibility of permitting the usage of cryptocurrencies within the borders of the country, but this would be done solely for the purpose of conducting a legal experiment. Elvira Nabiullina, the governor of the Bank of Russia, stated that the major problem that the central bank has always had with cryptocurrencies is that they cannot be used as a payment tool.

Decentralized Exchange SushiSwap Nominates Jonathan Howard as 'Head Chef'

Decentralized Exchange SushiSwap Nominates Jonathan Howard as 'Head Chef'

Decentralized exchange SushiSwap has nominated Jonathan Howard as Head Chef - an official title given to the project's chief executive officer.

Morgan Stanley Chose This Year’s Best Safe Haven Asset—It’s Not Bitcoin

Morgan Stanley Chose This Year’s Best Safe Haven Asset—It’s Not Bitcoin

The Morgan Stanley analysts said that although the Japanese yen and the Swiss franc remain safe havens, their dynamics are shifting.

Soundraw: An AI-Powered Music Creator

Soundraw: An AI-Powered Music Creator

Soundraw is an AI music generator that simplifies creating custom music for projects. It offers a range of genres, moods, and themes. It's used by content creators, game developers, and Artists.

Bitrue Will Support Symbol (XYM) Airdrop for NEM Holders and Launch Pre-Trading

Bitrue Will Support Symbol (XYM) Airdrop for NEM Holders and Launch Pre-Trading

Bitrue, the cryptocurrency exchange that regularly clears over $1 billion in daily volume, has announced that it will be supporting the upcoming Symbol (XYM) token airdrop. To create a market for the new token at the earliest opportunity, Bitrue will be offering trading through an IOU system.

Binance Introduces XAI Token Launchpool, Unrelated to Elon Musk

Binance Introduces XAI Token Launchpool, Unrelated to Elon Musk

Binance has launched its 43rd Launchpool project, Xai (XAI), a gaming platform for users to stake BNB, FDUSD, and TUSD assets for rewards, with 277 million tokens released, 80% for BNB stakers. But is the Xai is not related to Elon Musk and the domain X.AI he owns.

Billionaire Paul Tudor Jones Looks to Buy Bitcoin as A Portfolio Hedge Against Inflation – Here's Why

Billionaire Paul Tudor Jones Looks to Buy Bitcoin as A Portfolio Hedge Against Inflation – Here's Why

According to Bloomberg's report on Thursday, billionaire hedge fund manager Paul Tudor Jones is buying Bitcoin to hedge against inflation as central banks across the world print money to relieve economies affected by coronavirus pandemic. Tudor is one of Wall Street’s most seasoned and successful hedge fund managers. He is the CEO and founder of Tudor Investment Corp, which is a hedge fund company that managed $8.4 billion as of March 30, based on data from the SEC (Securities and Exchange Commission).

Coinbase Reportedly Planning to Go Public This Year—Paving the Way for the Next Phase of Crypto Adoption

Coinbase Reportedly Planning to Go Public This Year—Paving the Way for the Next Phase of Crypto Adoption

According to sources, Coinbase has started planning for a stock market listing this year, which would make it the first major US cryptocurrency exchange to go public.

IBM, KPMG, Walmart, Merck Reveal Results of FDA Blockchain Drug Tracing Pilot

IBM, KPMG, Walmart, Merck Reveal Results of FDA Blockchain Drug Tracing Pilot

IBM, KPMG, Walmart, and Merck’s blockchain pilot in drug-tracing has successfully exceeded the US Food and Drug Administration’s (FDA) benchmarks. The pilot program aimed to encourage new technologies to be used in the pharmaceutical supply chain. Blockchain was used as a shared record movement of pharmaceutical drugs through the supply chain, which resulted in improved efficiency. Recalls were proven to be done in just seconds, rather than in days, as blockchain offers traceability.

IMF Chief Economist Says Crypto Won’t Threaten Dollar Dominance Although Global Reserves Decline

IMF Chief Economist Says Crypto Won’t Threaten Dollar Dominance Although Global Reserves Decline

The Chief Economist of the International Monetary Fund (IMF), Gita Gopinath, expressed in an opinion piece in the Financial Times that digital currencies would not displace the US Dollar as the currency that dominates the global trade and finance.

Tether Denies Receiving Any Loans From Celsius

Tether Denies Receiving Any Loans From Celsius

Tether's chief technical officer Paolo Ardoino denied borrowing from Celsius in response to Celsius' examiner report.

Coinbase CEO Defends Decision to License Analytics Platform to US Secret Service

Coinbase CEO Defends Decision to License Analytics Platform to US Secret Service

CEO of Coinbase Brian Armstrong sold his blockchain analytics software to US Secret Service, and addressed any worries investors might have concerning privacy issues.

Celsius Files for Permission to Sell Its Stablecoin Holdings

Celsius Files for Permission to Sell Its Stablecoin Holdings

Celsius is seeking to generate liquidity through sales from its $23 million in stablecoin holdings.

SK Chairman Chey Tae-won Champions AI Transformation in Business

SK Chairman Chey Tae-won Champions AI Transformation in Business

SK Group Chairman Chey Tae-won urges businesses to adapt to the AI era by reshaping their models, focusing on flexibility, strategic partnerships, and offering comprehensive AI solutions.

Ripple XRP Continues Consolidating Its Value Above $0.6 New Support Level

Ripple XRP Continues Consolidating Its Value Above $0.6 New Support Level

Technical indicators show that XRP is likely to consolidate its price inside a range of the $0.60 support level and the 0.65 resistance level.

Crypto Analyst Suggests Bitcoin Price Has “Bottomed,” Bullish in the Next Few Weeks

Crypto Analyst Suggests Bitcoin Price Has “Bottomed,” Bullish in the Next Few Weeks

Despite a massive technology stock sell-off recently, the US stock futures market was trading in positive territory on Sept 9, adding pressure to financial markets.

US Bank Debuts Crypto Custody Services for Fund Managers

US Bank Debuts Crypto Custody Services for Fund Managers

America’s fifth-largest retail financial institution, US Bancorp, also known as US Bank, is set to provide cryptocurrency custody services.

Coca-Cola Leverages Enterprise Ethereum Blockchain to Optimize Supply Chain

Coca-Cola Leverages Enterprise Ethereum Blockchain to Optimize Supply Chain

Coke One North America (CONA), partner of Coca Cola’s largest US-based bottling company has announced it will use the enterprise Ethereum blockchain platform the Baseline Protocol—to enhance transparency and minimize friction in its supply chain transactions.

Unreleased Version of David Bowie's "Let's Dance" Surfaces as NFT

Unreleased Version of David Bowie's "Let's Dance" Surfaces as NFT

Gala Music, in partnership with Larry Dvoskin and Warner Chappell Music, is set to launch a limited edition collection of NFTs featuring an unreleased version of David Bowie's "Let's Dance." Each NFT will give its owner exclusive access to the song, co-produced with Bowie in 2002, with initial profits going toward charity.

Positive Gold Forecast Could Ignite Bitcoin Bull Run, US Stock Futures Rally on Stimulus Hopes

Positive Gold Forecast Could Ignite Bitcoin Bull Run, US Stock Futures Rally on Stimulus Hopes

Gold has been trading sideways in the past few weeks, but according to this CEO, the price action is forming a bottom. Holmes predicts that gold will reach $4K.

Iranian General Pushes for Crypto Use to Evade US Sanctions and After Being Blacklisted by the FATF

Iranian General Pushes for Crypto Use to Evade US Sanctions and After Being Blacklisted by the FATF

Saeed Muhammad, a commander of the Islamic Revolutionary Guard Corps’ “Army of Guardians of the Islamic Revolution,” called for Iran to use cryptocurrencies to bypass sanctions imposed on his country by the United States.

FTX Debtors' Filing Sets Controversial Valuations for Cryptocurrency Claims Post-Collapse

FTX Debtors' Filing Sets Controversial Valuations for Cryptocurrency Claims Post-Collapse

TX debtors propose a valuation for user claims based on digital asset prices at the time of the exchange's collapse, sparking objections from users due to the significant rise in cryptocurrency prices since then.

IMF Chief Warns of Terra Crash, Calls it as Pyramid Scheme

IMF Chief Warns of Terra Crash, Calls it as Pyramid Scheme

In response to the recent crash of the LUNA collapse, the International Monetary Fund (IMF) Managing Director Kristalina Georgieva questioned the risk of stablecoins, calling it a ‘Pyramid’ scheme.

Tron Filmmaker Donald Kushner Creates Cryptosaurs in Metaverse & NFT Collections

Tron Filmmaker Donald Kushner Creates Cryptosaurs in Metaverse & NFT Collections

Filmmaker and creator of the classic American tech film Tron, Donald Kushner, and his Gumbotron production team teamed up with Forj, a subsidiary of Animoca Brands, to create a new metaverse called Cryptosaurs and launch a related NFT collection.

FCA Warns Companies on Crypto Mergers

FCA Warns Companies on Crypto Mergers

The crypto market in the UK received a warning from the financial watchdog following an acquisition announcement by Bitpanda.

Binance Australia Derivatives Closes Accounts After False Classification

Binance Australia Derivatives Closes Accounts After False Classification

The Australian Securities and Investments Commission would "target" the company's "classification of retail and wholesale customers."

Bentley University Rolls Out Crypto Payment Option for Tuition Fees

Bentley University Rolls Out Crypto Payment Option for Tuition Fees

To offer students and their families new methods to pay tuition, US-based Bentley University has started accepting crypto payments.

Maple Finance Opens Cash Management Solution to U.S. Investors, Backed by U.S. Treasury Bills

Maple Finance Opens Cash Management Solution to U.S. Investors, Backed by U.S. Treasury Bills

Maple Finance opens Cash Management to U.S. Accredited Investors, offering yield backed by U.S. Treasury bills.

The United Kingdom Tax Reform Council Launches Campaign Against Bank of England

The United Kingdom Tax Reform Council Launches Campaign Against Bank of England

UK Tax Reform Council and Bitcoin community worry over Bank of England's CBDC intentions.

Web3.0 Game Developer Xterio Secures $40M Fund from FunPlus

Web3.0 Game Developer Xterio Secures $40M Fund from FunPlus

Xterio, a Web3.0 game developer has pulled the sum of $40 million in a new funding round that has earned the Swiss-based startup a valuation of $300 million

Ruble-Crypto Trading Soars amid Western Sanctions on Russia

Ruble-Crypto Trading Soars amid Western Sanctions on Russia

Trading volumes between the Russian Ruble and the Tether cryptocurrency surged on Monday as Western powers slapped sanctions on Russia over the Ukraine-Russia war.

Cryptocurrencies Added to the List of Top Threats to Investors by Texas Security Board

Cryptocurrencies Added to the List of Top Threats to Investors by Texas Security Board

According to the latest Texas Investors Guide, Texas regulators have added cryptocurrencies to the list of top threats to investors. In an edition of the states Securities Board's “Texas Investor Guide: Strategies for Investing Wisely and Avoiding Financial Fraud,” the regulatory body included cryptocurrencies to the list of investments with potential red flags. The report described cryptocurrencies as extraordinarily volatile and challenging to grasp for people who are not professional traders.

Nairobi-based FinTech Mara Launches African Crypto Wallet Service

Nairobi-based FinTech Mara Launches African Crypto Wallet Service

A new crypto project called Mara has now been introduced to the African crypto ecosystem. This project is backed by Coinbase Ventures, FTX-affiliated Alameda Research, Huobi Ventures, and other prominent venture capital firms and angel investors in the industry.

Uniswap Foundation Announces Grant Recipients for V4 RFPs

Uniswap Foundation Announces Grant Recipients for V4 RFPs

The Uniswap Foundation announced the winners of its first round of RFPs for Uniswap V4 on November 1, 2023. The projects include developing a Deposit Liquidity Widget, creating an open-source design package, compiling POC hook developer documentation, and researching malicious hook design space.

North Korea's Cyber Onslaught on Cryptocurrency: A $3 Billion Digital Heist

North Korea's Cyber Onslaught on Cryptocurrency: A $3 Billion Digital Heist

North Korea has escalated cyber attacks on cryptocurrency since 2017, stealing over $3 billion and stealing $1.7 billion in 2022, posing a serious threat to the country's economy and military budget.

Bitcoin Smashes New High of Over $60K as Valuation Now Exceeds JPMorgan, BoA, and ICBC Combined

Bitcoin Smashes New High of Over $60K as Valuation Now Exceeds JPMorgan, BoA, and ICBC Combined

Over the weekend, Bitcoin crossed a crucial milestone, hitting a record-high of over $61,000 before falling back slightly.

BTC Mining Report Draws Criticism

BTC Mining Report Draws Criticism

The New York Times’ recent report on Bitcoin mining has been criticized by some BTC proponents for cherry-picking data and overstating the fossil fuel use of BTC miners. They also point out the increasing use of sustainable energy in the sector. Despite the debate on energy consumption, Bitcoin mining remains significant for blockchain security and decentralization.

Binance Futures to Introduce FDUSD Margin, Phase Out USDP

Binance Futures to Introduce FDUSD Margin, Phase Out USDP

Binance Futures is set to support FDUSD as a margin asset, replacing USDP in Multi-Assets Mode, enhancing the platform's flexibility for users.

Fintech not Big Tech: Square is a Greater Threat to Banks than Google and Amazon

Fintech not Big Tech: Square is a Greater Threat to Banks than Google and Amazon

A recent survey of 300 senior executives at US-based mid-sized financial institutions found that more than half of bank and credit union executives view Big Tech companies like Amazon and Google as significant threats to the banking industry. Meanwhile only a third believe financial technology (fintech) firms will be a threat in the future, but are they sleeping on Square, Jack Dorsey’s financial technology venture whose stock price recently recorded a 20 month high.

Cathie Wood’s Ark Investment Gets into Canadian Bitcoin ETFs As US SEC Delays Applications

Cathie Wood’s Ark Investment Gets into Canadian Bitcoin ETFs As US SEC Delays Applications

Cathie Wood’s Ark Investment company has announced that it has invested into Canadian bitcoin ETFs. The firm’s move is likely influenced by delays and rejections of Bitcoin ETFs by the US SEC.

Is Bitcoin still a Safe Haven? The Crypto Community Debates on Twitter Following Global Stock Market Crash

Is Bitcoin still a Safe Haven? The Crypto Community Debates on Twitter Following Global Stock Market Crash

Is Bitcoin still a safe haven? The Crypto Community takes the debate to Twitter after the biggest stock market crash since 2009.

Greenidge Reduces Debt with NYDIG

Greenidge Reduces Debt with NYDIG

Greenidge lowered its NYDIG debt by 76% by relinquishing partial ownership of Bitcoin mining gear and credits.

Blockchain Association Rejects Court's Securities Ruling on Private Blockchains

Blockchain Association Rejects Court's Securities Ruling on Private Blockchains

A U.S. lawyer called it "absurd" for a court to declare digital assets on centralized databases securities.

Bitcoin Price Sets 12-Day High as US Stock Futures Sees Bounce-Back Session

Bitcoin Price Sets 12-Day High as US Stock Futures Sees Bounce-Back Session

Bitcoin has currently surged above the $10,700 level, reaching its highest price level in 12 days.

Trump Warns of AI and Deepfake Dangers in Fox Business Interview

Trump Warns of AI and Deepfake Dangers in Fox Business Interview

Former President Donald Trump criticized AI and deepfake technology, stating they pose significant risks and require urgent action to mitigate potential conflict and misinformation, emphasizing the complexities of regulating AI and ensuring ethical use.

Exclusive | FUSANG CEO: CCB’s $3 Billion in Blockchain-Based Debt Bonds is Rise of Crypto 2.0

Exclusive | FUSANG CEO: CCB’s $3 Billion in Blockchain-Based Debt Bonds is Rise of Crypto 2.0

According to FUSANG CEO Henry Chong, the CCB's historic blockchain-based bond listing, the first tranche of $3 billion in debt, marks a transition into what he calls “Crypto 2.0”

US Deputy Treasury Secretary Proposes Reforms to Enhance Crypto Enforcement Against International Bad Actors

US Deputy Treasury Secretary Proposes Reforms to Enhance Crypto Enforcement Against International Bad Actors

US Deputy Treasury Secretary Adewale Adeyemo proposes reforms to enhance enforcement against cryptocurrencies, including secondary sanctions, extraterritorial jurisdiction, and a new secondary sanctions tool.

Justin Sun Proposes the Establishment of Tron DAO Reserve and to Launch USDD Stablecoin

Justin Sun Proposes the Establishment of Tron DAO Reserve and to Launch USDD Stablecoin

Justin Sun, the founder of the Tron blockchain network, is stepping up his responsibility in the broader digital currency ecosystem with the establishment of the Tron DAO Reserve.

Fed Slashes Interest Rate to Near Zero and Launches 700Bn QE, Bitcoin Hovers Near $5k

Fed Slashes Interest Rate to Near Zero and Launches 700Bn QE, Bitcoin Hovers Near $5k

In an attempt to stimulate U.S. economy amid coronavirus pandemic, the Federal Reserve (“the Fed”) decided to slash the main interest rate to near zero together with the purchase of $700 billion Treasury securities.

MakerDAO May Onboard USDC as DAI Collateral Support to Combat Mounting Liquidity Risk

MakerDAO May Onboard USDC as DAI Collateral Support to Combat Mounting Liquidity Risk

The share plunge of the cryptocurrency market has severely hit MakerDAO, the leader in the decentralized finance (DeFi) ecosystem. Last week its market value fell sharply from 889M to $246M which brought together Maker’s developer community who have recently discussed adding support for Circle’s USDC as collateral to hedge against the liquidity risk.

Over 100 Car Dealers to Accept Crypto Payments in the UK Boosting Crypto Adoption

Over 100 Car Dealers to Accept Crypto Payments in the UK Boosting Crypto Adoption

At least 100 car dealers in the UK have inked a partnership with London-based AutoCoinCars, the nation’s market leader in trading cars with cryptocurrencies. Through the strategic collaboration, clients will be able to purchase cars using cryptos in some of the biggest car dealers in the UK, such as Benz Bavarian, Saxton4x4, and Redline Specialist Cars.

Mike Novogratz's Galaxy Digital Files with SEC to Launch Bitcoin Futures ETF

Mike Novogratz's Galaxy Digital Files with SEC to Launch Bitcoin Futures ETF

Galaxy Digital announced plans to list a bitcoin futures ETF by seeking regulatory approval from the US SEC.

Apple Co-Founder Steve Wozniak Sues Google and YouTube Over Fraudulent Bitcoin Scam Videos

Apple Co-Founder Steve Wozniak Sues Google and YouTube Over Fraudulent Bitcoin Scam Videos

Legal team for Steve Wozniak, co-founder of tech powerhouse Apple, announced a lawsuit against YouTube and their parent company Google alleging that the media companies failed to take down fraudulent videos that impersonated Wozniak to drive Bitcoin funds.

Australian Female Hacker Sentenced to 2 Years of Prison for $400K Ripple (XRP) Crypto Heist

Australian Female Hacker Sentenced to 2 Years of Prison for $400K Ripple (XRP) Crypto Heist

Australia recorded one of its first cases of cryptocurrency theft recently.

Despite Closed Door, Justin Sun Says He's Ready to Inject Billions into FTX - Report

Despite Closed Door, Justin Sun Says He's Ready to Inject Billions into FTX - Report

Justin Sun of Tron blockchain said he is ready to commit billions to bail out FTX

Russia Might Resort to Bitcoin Mining as Sanctions Continue to Bite

Russia Might Resort to Bitcoin Mining as Sanctions Continue to Bite

Based on the ripple effect of sanctions slapped on Russia because of its ongoing invasion of Ukraine, Russia continues to be starving for foreign currency. It might make Bitcoin mining an alternative to bypass sanctions.

TrueUSD Depegging Linked to Binance Launchpool Activities

TrueUSD Depegging Linked to Binance Launchpool Activities

TrueUSD (TUSD) depegged below its $1 parity, dropping to $0.97, amid significant selling on Binance and issues with real-time reserve attestations. The depegging was linked to activities on Binance Launchpool and raises questions about stablecoin stability and transparency.

News Industry Grapples with Financial Woes and AI Disruption

News Industry Grapples with Financial Woes and AI Disruption

The news industry faces declining advertising revenue, declining subscriber growth, and AI-driven disruptions, necessitating strategic shifts and legal disputes to adapt to digital advertising trends.

Sberbank Executive Touts Blockchain for Russia

Sberbank Executive Touts Blockchain for Russia

Sberbank executive Alexander Vedyakhin believes blockchain technology could help Russia solve current settlement issues, offering new capabilities for payment systems.

The US SEC Charges DeFi Money Market and Founders with Fraudulent $30 Million Offerings

The US SEC Charges DeFi Money Market and Founders with Fraudulent $30 Million Offerings

The US Securities and Exchange Commission has issued its first case involving the decentralized finance market by charging the founders of DeFi Money market for raising $30 million through fraudulent offerings.

Ukraine Opens Channel for Dogecoin Donations Towards Relief Efforts

Ukraine Opens Channel for Dogecoin Donations Towards Relief Efforts

As the Russia-Ukraine war rages on, Ukraine has increased the number of digital currencies. It now accepts Dogecoins from donors.

Twitter Followers Advise Elon Musk to Invest 10% of Tesla Stock in Cryptocurrencies, Poll Says

Twitter Followers Advise Elon Musk to Invest 10% of Tesla Stock in Cryptocurrencies, Poll Says

Elon Musk has received responses from the majority of his Twitter followers. The renowned investor recently asked whether he should sell 10% of his Tesla stock.

Eureka Entertainment and Astar Network Collaborate for "CoinMusme" Blockchain Game Development

Eureka Entertainment and Astar Network Collaborate for "CoinMusme" Blockchain Game Development

Eureka Entertainment and Stake Technologies are collaborating on the blockchain game "CoinMusme," which will introduce a new character, "Astar," and distribute 100 exclusive NFTs. The game also plans to collaborate with various cryptocurrencies and NFT projects.

Mastercard Launches Web3 Musician Accelerator With Polygon

Mastercard Launches Web3 Musician Accelerator With Polygon

Mastercard launched a Polygon-based accelerator program for Web3 artists. Five international performers will be mentored by the business to establish their Web3 music brands. For those not chosen for the program, Mastercard is offering the Mastercard Music Pass NFT collection.

Misuse of Facial Recognition: The $10M Macy's and Sunglass Hut Legal Battle

Misuse of Facial Recognition: The $10M Macy's and Sunglass Hut Legal Battle

Harvey Eugene Murphy Jr. sues Macy's and Sunglass Hut for $10 million over wrongful arrest and assault, highlighting flaws in facial recognition technology and its serious consequences.

IRS Refuses Watchdog Request to Clarify 2019 Crypto Tax Guidelines

IRS Refuses Watchdog Request to Clarify 2019 Crypto Tax Guidelines

The Internal Revenue Service will not clarify how taxes work with cryptocurrencies and digital asset transactions in the US according to a US congress watchdog’s report released on Wednesday.

He Yi Discusses Binance's Regulatory Strategy Amid Actions Against Binance and Zhao Changpen

He Yi Discusses Binance's Regulatory Strategy Amid Actions Against Binance and Zhao Changpen

In a public letter, He Yi, Co-founder of Binance, discusses the company's compliance strategy, which gains significance amidst a U.S. Department of Justice inquiry initiated on May 6, 2023, 13 SEC charges, and the company's recent exit from the Russian market.

Ethereum Beats Bitcoin on the Weekly Timeframe amid Increased Optimism

Ethereum Beats Bitcoin on the Weekly Timeframe amid Increased Optimism

Ethereum was up by 19.24% in the last seven days, which is nearly twice Bitcoin's surge during the same period of time.

Why Cryptocurrency Is Not A Viable Global Reserve Currency to Replace the US Dollar

Why Cryptocurrency Is Not A Viable Global Reserve Currency to Replace the US Dollar

With the recent rise of cryptocurrency, there have been talks about the digital currency poised to become a global reserve currency, thus replacing the U.S dollar. Based on the virtual currency’s potential, it can become the next global hedge currency. But let us look at the facts in the financial market, especially from the dimensions of regulations, digital currency, and fiat currency. This move would help us understand whether the claims hold water.

Crypto.com Extends Free Crypto Tax Reporting Services in Australia

Crypto.com Extends Free Crypto Tax Reporting Services in Australia

Cryptocurrency exchange Crypto.com has launched a new crypto taxation service for Australian recently, enabling their clients to import their crypto transaction to generate a report and file to the government.

Fed Governor Christopher Waller Says US CBDC Not Necessary for Dollar’s Supremacy

Fed Governor Christopher Waller Says US CBDC Not Necessary for Dollar’s Supremacy

Waller said the Fed has not made decisions concerning CBDCs. He stated that his remarks are aimed at giving a free and open dialogue on the utility of such digital currencies.

New Ride-Hailing App to Transform Payments by Offering Blockchain Direct Transactions

New Ride-Hailing App to Transform Payments by Offering Blockchain Direct Transactions

Bayride has revealed RideNode, a new transportation virtual and blockchain currency that seeks to transform the payment structures in this sector. America’s ride-hailing industry is touted to be revolutionized because RideNode will offer direct transactions between the service provider and consumers.

FTX was the "fastest" company collapse in American history, says U.S. Trustee.

FTX was the "fastest" company collapse in American history, says U.S. Trustee.

The US Trustee overseeing FTX's bankruptcy proceedings has requested an independent investigation into its demise. In a Dec. 1 motion, U.S. Trustee called the defunct exchange the "fastest large business collapse in American history". An independent examiner has been requested by the Department of Justice. Independent examiners are usually called in when creditors want them or when unsecured debts surpass $5 million. Trustee Andrew Vara said debtors "suffered an almost unparalleled fall in value" over eight days in November. The U.S. Attorney's Office for the Southern District of New York and Securities and Exchange Commission have allegedly submitted many requests to investors.

Tether Deny Bitcoin Bull Run Manipulation

Tether Deny Bitcoin Bull Run Manipulation

Reporting on allegations made against Tether’s parent company Ifinex, Tether has released follow up comments to deny any wrongdoing in the market.

Exclusive: Gerard Dache, on the Two Contradictions of Facebook Libra

Exclusive: Gerard Dache, on the Two Contradictions of Facebook Libra

In part 2 of the interview, Gerard walked us through some of the recommended bills to the government in fostering blockchain innovation, such as the “Blockchain Promotion Act”. He then shared his views on the nature of Bitcoin and two contradictions of Facebook’s Libra.

NBA's Rockets Team up with NYDIG, to be Paid in Bitcoin

NBA's Rockets Team up with NYDIG, to be Paid in Bitcoin

NBA team Houston Rockets announced that it will collaborate with the New York Digital Investment Group (NYDIG), a top player in the bitcoin arena.

Twitter Bitcoin Hack Demonstrates That Crypto Fraud is Easier to Track Than Fiat

Twitter Bitcoin Hack Demonstrates That Crypto Fraud is Easier to Track Than Fiat

Cryptocurrency regulation was the hot topic during an ongoing panel hosted by the Association of Certified Financial Crime Specialists.

Germany Overtakes US to Become Rank 1 Crypto Economy, HK at 8

Germany Overtakes US to Become Rank 1 Crypto Economy, HK at 8

Germany has overtaken the US to become the world's top-ranked crypto economy in the third quarter of 2022. The US, which led the rankings alongside Germany last year, was pushed to seventh.

Russia To Introduce Laws Regarding the Confiscation of Crypto Assets

Russia To Introduce Laws Regarding the Confiscation of Crypto Assets

Russia Prosecutor General Igor Krasnov said that the administration is preparing to introduce legislative amendments to the confiscation of illegal digital assets by law enforcement agencies, according to TASS.

Russia Mulling the Idea to Build a Crypto Platform on the Moscow Stock Exchange

Russia Mulling the Idea to Build a Crypto Platform on the Moscow Stock Exchange

Russian lawmakers are mulling the idea that the government could create a cryptocurrency trading platform that will be an offshoot of the Moscow Stock Exchange.

Grayscale Bitcoin Trust Offers Public Access to BTC “Era of Digital Gold”

Grayscale Bitcoin Trust Offers Public Access to BTC “Era of Digital Gold”

Grayscale Bitcoin Trust is offering mainstream investors access to the newly proclaimed era of digital gold as Bitcoin evolves into a dominant store of wealth.

Is Bitcoin a Safe Haven Asset? US-Iranian Tensions Ignite Old Debate

Is Bitcoin a Safe Haven Asset? US-Iranian Tensions Ignite Old Debate

Bitcoin’s price has improved significantly following the U.S. killing of top Iranian general Qassem Soleimani. As tensions escalate between the US and Iran, several crypto analysts have reconsidered the old debate on Bitcoin’s ability to function as a safe-haven asset similar to gold in times of geopolitical uncertainty.

Tron CEO Justin Sun Denies Allegations of Third-Party Celebrity Promotions of TRX Cryptocurrency

Tron CEO Justin Sun Denies Allegations of Third-Party Celebrity Promotions of TRX Cryptocurrency

Tron Foundation’s Chief Executive Officer Justin Sun has come forward publicly to address the allegations that he paid celebrities to promote Tron.

Kraken Closes Abu Dhabi Office

Kraken Closes Abu Dhabi Office

Less than a year after receiving regulatory licence to operate in Abu Dhabi's international financial hub and worldwide market, Kraken is departing.

Citi Believes The Merge Will Make Ethereum a “Yield-Bearing Asset”

Citi Believes The Merge Will Make Ethereum a “Yield-Bearing Asset”

Citigroup Inc. or Citi, an American multinational investment bank, disclosed that the merge would make Ethereum (ETH) a deflationary asset. As a result, the second-largest cryptocurrency will become a “yield-bearing asset.”

Tether Eliminates All Commercial Paper Holdings to Zero

Tether Eliminates All Commercial Paper Holdings to Zero

Tether has cut down all commercial paper exposure from its reserves. The firm said the move is part of its ongoing efforts to increase transparency.

US Lawmakers Question Tron Founder Justin Sun and DLive CEO on Extremist Content Following Capitol Riots

US Lawmakers Question Tron Founder Justin Sun and DLive CEO on Extremist Content Following Capitol Riots

Two U.S. lawmakers have questioned Tron founder Justin Sun and DLive CEO Charles Wayn in the wake of the Capital riots—asking them how they moderate extremist content.

Paxos—Regulated and Rising above Trustless Tether and Lost Libra

Paxos—Regulated and Rising above Trustless Tether and Lost Libra

In this second part of our interview with Cascarilla, he explains why the PAX stablecoin is ultimately superior to Tether and gives his thoughts on Facebook’s Libra project and the nature of money.

Payment Giant Visa Sets to Modify PoS Charges to New Business Categories

Payment Giant Visa Sets to Modify PoS Charges to New Business Categories

United States-based merchants are set to see an adjustment in fees to be paid as part of huge updates of payment giant Visa point-of-sale (PoS) system.

VanEck And ProShares Withdraw Plans to List Ethereum ETFs

VanEck And ProShares Withdraw Plans to List Ethereum ETFs

VanEck and ProShares have told the SEC that they would like to pull their plans to launch Ethereum ETFs.

How Does Cryptocurrency Regulation News Affect the Bitcoin Price? Bank Of International Settlements Research Reveals

How Does Cryptocurrency Regulation News Affect the Bitcoin Price? Bank Of International Settlements Research Reveals

New research conducted on behalf of the Bank for International Settlements indicates that contrary to popular belief, the Bitcoin price and other cryptocurrency prices respond very positively to news of coming regulations,when they are clear.

Depegging of USDC and DAI Saves Borrowers $100 Million

Depegging of USDC and DAI Saves Borrowers $100 Million

The depegging of USD Coin (USDC) and Dai (DAI) from the US dollar resulted in more than $2 billion in loan repayments on decentralized lending protocols Aave and Compound, with borrowers saving a total of over $100 million. USDC and DAI started heading back toward their peg, and repayment activity tapered off in the following days.

Colossal Increase in US Household Liquidity Might Push Bitcoin Further Upwards, says 10T Holdings Co-founder

Colossal Increase in US Household Liquidity Might Push Bitcoin Further Upwards, says 10T Holdings Co-founder

Dan Tapiero, the co-founder of fintech and digital asset firm 10T Holdings, trusts that the remarkable increase in US household liquidity to the tune of $2.67 trillion could trigger further upward momentum for Bitcoin.

Thailand's SEC enhances investor protection with new cryptocurrency trading rules.

Thailand's SEC enhances investor protection with new cryptocurrency trading rules.

Thailand's Securities and Exchange Commission (SEC) has introduced new guidelines to strengthen investor protection in the cryptocurrency industry. The SEC has mandated clearer disclosure of risk warnings and restrictions on digital asset business operators' deposit and lending services.

Stablecoin USDC Issuer Circle to Apply for U.S. Crypto Banking License

Stablecoin USDC Issuer Circle to Apply for U.S. Crypto Banking License

Circle Internet Financial, the second-largest stablecoin USDC issuer, said it is now close to submitting an application to U.S. regulators to operate as a bank.

Ethereum Launches Final Testnet Before Officially Releasing ETH 2.0 Mainnet

Ethereum Launches Final Testnet Before Officially Releasing ETH 2.0 Mainnet

The software developing team for Ethereum 2.0 has finally announced that they will be launching ETH 2.0’s testnet on August 4.

Matrixport's Evolved Enterprise-Grade Cactus Custody and Holistic Approach to KYT and AML Compliance

Matrixport's Evolved Enterprise-Grade Cactus Custody and Holistic Approach to KYT and AML Compliance

Matrixport is a Singapore-based cryptocurrency startup which was launched by former Bitmain CEO Jihan Wu. Established in July 2019 with the goal to offer over-the-counter trading, lending and custody services for crypto, Matrixport boasts a systematic security model, global distributed infrastructure and business-focused security innovation capability to assure the security and reliability of users' assets.

Former Coinbase Executive Joins Magic Eden as Head of Product

Former Coinbase Executive Joins Magic Eden as Head of Product

Former Coinbase executive, Linus Chung, joins Magic Eden as Head of Product. Chung will lead product development, enhance user experience, and drive growth.

OpenSea Set to Launch 2.0 Version to Enhance NFT Experience

OpenSea Set to Launch 2.0 Version to Enhance NFT Experience

OpenSea is launching OpenSea 2.0, a revolutionary NFT marketplace upgrade, focusing on enhanced user experiences, improved trading access, advanced security measures, and simplified user onboarding.

Paxful Exits Venezuela’s P2P Crypto Bitcoin Market Following US Sanctions

Paxful Exits Venezuela’s P2P Crypto Bitcoin Market Following US Sanctions

Paxful has withdrawn its crypto trading services from Venezuela after the country was classified as high-risk by the Office of Foreign Assets Control (OFAC).

CFTC Demands $572 Million in Penalty and Restitution for Bitcoin Scam, Defendant Nowhere to be Found

CFTC Demands $572 Million in Penalty and Restitution for Bitcoin Scam, Defendant Nowhere to be Found

US CFTC demanded that the founder of the Bitcoin cryptocurrency scam company Control-Finance pay $572 million in penalty and restitution fees for Bitcoin fraud.

International Chamber of Commerce to Deploy Blockchain-Powered App for Tamper-Proof COVID-19 Compliance Status

International Chamber of Commerce to Deploy Blockchain-Powered App for Tamper-Proof COVID-19 Compliance Status

International Chamber of Commerce (ICC) has inked a partnership with International SOS, the globe’s biggest medical and travel security services firm, to establish a new blockchain-enabled mobile app dubbed ICC AOKpass. It will be instrumental in providing trusted and immutable recognition of persons’ COVID-19 compliance status.

US Government Creates Cyber Fraud Task Force to Put an End to Crypto Crime

US Government Creates Cyber Fraud Task Force to Put an End to Crypto Crime

The US Secret Service is hoping to put an end to the increasing money-laundering cases that have erupted with the rise of COVID-19, by creating a special division, dubbed the Cyber Fraud Task Force (CFTF).

Australian Government Explores the Viability of Blockchain For Land and Property Conveyancing Transactions

Australian Government Explores the Viability of Blockchain For Land and Property Conveyancing Transactions

The Australian government is piloting a blockchain database to find out its viability on conveyancing transactions.

New partnership to enable Bitcoin micropayments for content platforms

New partnership to enable Bitcoin micropayments for content platforms

Crypto has enabled micro-monetization across businesses. Play-to-earn games and music streaming led this crypto integration. ZEBEDEE and Fountain, a value-for-value podcasting platform, partnered.

Former Ethereum Adviser Steven Nerayoff Files $9.6B Lawsuit Against US Government

Former Ethereum Adviser Steven Nerayoff Files $9.6B Lawsuit Against US Government

Steven Nerayoff, an early adviser to the Ethereum network, has filed a lawsuit against the United States government for false charges and mistreatment. The lawsuit, filed under the Federal Tort Claims Act, seeks $9.6 billion in damages for an extortion case. Nerayoff alleges that federal agents were aware of the baseless charges and engaged in harassment and intimidation tactics.

White House Suggests Banning Proof-Of-Work Crypto

White House Suggests Banning Proof-Of-Work Crypto

The Biden administration believes that crypto asset mining consumes a lot of electricity. The White House researchers are urging crypto miners to explore greener alternatives.

Utah Passes Law Recognizing Decentralized Autonomous Organizations

Utah Passes Law Recognizing Decentralized Autonomous Organizations

The Utah State Legislature has passed the Utah Decentralized Autonomous Organizations Act, providing legal recognition and limited liability to DAOs, also known as "Utah LLDs". The act defines ownership, protects anonymity, and introduces quality assurance protocols.

Former Coinbase CTO Bets $1 Million on Bitcoin Reaching $1 Million in 90 Days

Former Coinbase CTO Bets $1 Million on Bitcoin Reaching $1 Million in 90 Days

Former Coinbase chief technology officer Balaji Srinivasan has placed a bet worth $1 million on Bitcoin's price reaching $1 million by June 17. Srinivasan accepted the wager from pseudonymous Twitter user James Medlock, who bet $1 million that the United States would not experience hyperinflation.

USDC Enjoys Robust Reserve & Redeemed on 1:1 basis with USD, Says Circle CEO

USDC Enjoys Robust Reserve & Redeemed on 1:1 basis with USD, Says Circle CEO

Jeremy Allaire, the founder and CEO of USDC stablecoin issuer- Circle, shared on Twitter about the firm and how to place in a better position financially, despite the ongoing crypto market meltdown.

Crypto.com Signs 5-Year Deal with Australian Football League, Worth $25m Sponsorship

Crypto.com Signs 5-Year Deal with Australian Football League, Worth $25m Sponsorship

Crypto.com announced that has signed a five-year partnership agreement with the Australian Football League, sponsoring it for $25 million to develop sports business.

Solana Foundation Offers $400k Bounty for Critical Code Discovery

Solana Foundation Offers $400k Bounty for Critical Code Discovery

Jacob Creech announces a $400k bounty for discovering code that can halt Solana network, part of Solana Foundation's endeavor to ensure robust network security.

DOJ Targets SBF's Jets for Forfeiture

DOJ Targets SBF's Jets for Forfeiture

Samuel Bankman-Fried, also known as "SBF," faces the possibility of asset forfeiture, including two luxury jets, as per a filing by the U.S. Department of Justice (DOJ) dated October 4, 2023. The forfeiture is linked to multiple charges against Bankman-Fried, who is currently on trial. The aircraft in question are embroiled in an ownership dispute involving the U.S. government, FTX, and Island Air Capital.

US Dollar Crash and Double-Dip Recession Odds Are High, says Economist Stephen Roach, Fueling Bitcoin Bulls

US Dollar Crash and Double-Dip Recession Odds Are High, says Economist Stephen Roach, Fueling Bitcoin Bulls

Economist Stephen Roach says that the US dollar is set to crash and that a double-dip recession’s odds are above 50 percent. What will this mean for Bitcoin?

$27M USDT Theft Linked to Binance Deployer Address

$27M USDT Theft Linked to Binance Deployer Address

A 27 million USDT cryptocurrency theft, linked to Binance's deployer, has raised security concerns and highlighted the risks of cryptocurrency holdings and recovery challenges.

3 Ways Biden Can Be Friendly With China

3 Ways Biden Can Be Friendly With China

I’ve often viewed myself as both a global citizen and a bridge between East and West. The Biden Administration has a once-in-a-generation opportunity to redefine America’s role in the global economy and pave the way for success in world with two equal economic superpowers. Here’s how…

Constellation Network to Provide Blockchain Security for US Air Force's Data Sharing Needs

Constellation Network to Provide Blockchain Security for US Air Force's Data Sharing Needs

The US Air Force is set to secure its multi-partner data sharing using Constellation Network's data infrastructure.

Turkish Crypto Exchange Goes Bankrupt, Customers Locked Out of Their Funds

Turkish Crypto Exchange Goes Bankrupt, Customers Locked Out of Their Funds

Thodex crypto exchange has gone offline and its customer service vanished too, thus leaving users in the dark.

BankProv Stops Offering Loans Secured by Crypto Mining Rigs

BankProv Stops Offering Loans Secured by Crypto Mining Rigs

BankProv said in an SEC filing that it would no longer lend against crypto mining machines.

Australia Surpasses Asia in Crypto ATM Installations

Australia Surpasses Asia in Crypto ATM Installations

Australia has surpassed Asia in the total number of crypto ATMs installed, with 364 machines as of January 2023. The country has consistently added Bitcoin ATMs over the last eight months and is on a crypto ATM installation spree. Internal documents from Australia’s Department of the Treasury suggest that crypto legislation is on the horizon.

Sam Bankman-Fried's Lawyers Reach Agreement with Federal Prosecutors

Sam Bankman-Fried's Lawyers Reach Agreement with Federal Prosecutors

Sam Bankman-Fried may still use non-encrypted texting and phone services, save WhatsApp, which he can use under supervision.

IBM Food Trust: Cutting Through the Complexity of the World’s Food Supply with Blockchain

IBM Food Trust: Cutting Through the Complexity of the World’s Food Supply with Blockchain

IBM Food Trust was first launched in August 2017, with 10 Foundation members aiming to use blockchain in food traceability to solve issues in the food supply chain. Prior to the launch, IBM, Walmart and Tsinghua University announced a collaboration to improve the way food is tracked, transported and sold to customers in China. Juniper Research recently announced that IBM Food Trust is one of the leading blockchain players in the food provenance space.

Sushi Chef Addresses SEC Subpoena

Sushi Chef Addresses SEC Subpoena

Jared Grey, head chef of Japan-based DAO, Sushi, stated that no one associated with Sushi has violated U.S. federal security laws in response to a subpoena from the SEC. Grey is cooperating with the SEC and stated that it is unknown whether further subpoenas will be issued to others linked with Sushi.

SEC Reschedules Decision-Making on Bitcoin ETF Proposals

SEC Reschedules Decision-Making on Bitcoin ETF Proposals

The Securities and Exchange Commission (SEC) in the United States once again delayed on deciding on the three Bitcoin exchange-traded fund (ETF) proposals according to the release of documents from the regulatory agency on Monday.

Circle Introduces Native USDC on OP Mainnet: What It Means for the Ecosystem

Circle Introduces Native USDC on OP Mainnet: What It Means for the Ecosystem

Circle launches native USDC on OP Mainnet, replacing Ethereum bridged liquidity. Collaborating with Optimism, it will be available on Coinbase's Base, Solana, Ethereum, and Mercado Pago.

Mobius Capital Partners CEO Says Trying to Predict Bitcoin Price is "Loser's Game"

Mobius Capital Partners CEO Says Trying to Predict Bitcoin Price is "Loser's Game"

CEO of Mobius Capital Partners, Mark Mobius has become the latest Bitcoin critic to slam the unpredictable nature of BTC, comparing investment in cryptocurrency to gambling.

U.S. Financial Stability Oversight Council to Discuss Digital Asset Regulation Next Week

U.S. Financial Stability Oversight Council to Discuss Digital Asset Regulation Next Week

The Financial Stability Oversight Committee (FSOC), chaired by U.S. Treasury Secretary Yellen, will meet on September 23 to discuss regulatory loopholes in digital currencies and the potential risks they pose.

Three US States Target Celsius Network as The Company’s Interest-Earning Crypto Accounts Draw Concerns

Three US States Target Celsius Network as The Company’s Interest-Earning Crypto Accounts Draw Concerns

Cryptocurrency lending platform Celsius Network was hit with state enforcement actions in Texas, New Jersey, and Alabama over its interest-earning cryptocurrency accounts.

Breaking: Key US House Committee Leaders Challenges Federal Reserve on Stablecoin

Breaking: Key US House Committee Leaders Challenges Federal Reserve on Stablecoin

The House Financial Services Committee is concerned about the Federal Reserve Board's recent regulatory actions on payment stablecoins, arguing they could hinder Congress's digital asset framework, impose additional regulatory burdens, and potentially cause financial repercussions.

Celsius Network Petitions Court to Consult Former CFO Rod Bolger

Celsius Network Petitions Court to Consult Former CFO Rod Bolger

Crypto lending platform Celsius Network has petitioned the US Bankruptcy Court to grant it permission to re-engage Rod Bolger, its former Chief Financial Officer for resuming consultation.

Circle's USDC Reserves Remain Stuck at SVB, Raises Concerns Over Crypto Stability

Circle's USDC Reserves Remain Stuck at SVB, Raises Concerns Over Crypto Stability

Circle's $3.3 billion worth of USDC reserves held at Silicon Valley Bank (SVB) have not been processed, raising concerns over the stability of the cryptocurrency. This follows the disclosure that 20% of Circle's USDC reserves were held in several financial institutions, including the recently bankrupted Silvergate and the now-shuttered SVB. The world of cryptocurrencies has been characterized by volatility, leading to concerns over their stability and reliability as a store of value. One cryptocurrency that has been touted as a more stable alternative to Bitcoin is USD Coin (USDC), a stablecoin that is pegged to the US dollar.

Tron's Justin Sun Hopes USDD to Become First Stablecoin in “EthereumPOW ecosystem”

Tron's Justin Sun Hopes USDD to Become First Stablecoin in “EthereumPOW ecosystem”

H.E. Justin Sun, Founder of TRON and investor of Poloniex, a global cryptocurrency exchange, hopes that USDD the stablecoin would become the first one in the “EthereumPOW ecosystem” after the completion of the Merge. However, Sun reiterated that he supports the fork with the strongest community consensus and the largest hashrate instead of supporting one specific fork.

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.

US Treasury Suggests Easier Oversight for Nonbank Financial Institutions

US Treasury Suggests Easier Oversight for Nonbank Financial Institutions

The US Treasury and top financial regulators have proposed new rules to ease the Federal Reserve's designation of nonbank institutions as systemically important. Treasury Secretary Janet Yellen raised concerns over nonbank institutions' lack of supervision and the potential for financial contagion during periods of distress.

IBM Blockchain in Action: What are the Benefits?

IBM Blockchain in Action: What are the Benefits?

In first and second parts of our interview with Alan Lim, the Program Director of IBM Blockchain Lab in the Asia Pacific, we explored the idea of data standards to improve the supply chain industry, as well as the IBM Food Trust, a food provenance network that allows food products to be traced and tracked. Digging deeper into IBM Blockchain, what else has the company been working on?

The First Crypto Bank in Puerto Rico Rolls Out Digital-Asset Custody Service

The First Crypto Bank in Puerto Rico Rolls Out Digital-Asset Custody Service

FV (Fintech Ventures) Bank, a global financial entity registered in the U.S. territory of Puerto Rico, has launched a digital-asset custody service for seamless safeguarding and interoperability of crypto and fiat.

Nancy Pelosi Says Tuesday is Deadline if White House Wants Pre-Election Stimulus, BTC Traders Standby

Nancy Pelosi Says Tuesday is Deadline if White House Wants Pre-Election Stimulus, BTC Traders Standby

Dem Nancy Pelosi told the White House it has until Tuesday to reach a deal with Democrats if it wants additional stimulus before the elections next month. How will BTC react?

Blockchain-Based Driving Licenses in South Korea Hit One Million Drivers

Blockchain-Based Driving Licenses in South Korea Hit One Million Drivers

Blockchain-powered driving licenses were made available as an option in South Korea in May.

PayPal May Be Considering Launching Its Own Stablecoin

PayPal May Be Considering Launching Its Own Stablecoin

PayPal may be looking to launch its own stablecoins in the future, as it has been reportedly been meeting with stablecoin developers.

Binance U.S Secures Money Transmitter License From Nevada

Binance U.S Secures Money Transmitter License From Nevada

The United States subsidiary of the world's largest cryptocurrency exchange by trading volume, Binance U.S announced today that it has received a Money Transmitter Licence from the Nevada Department of Business and Industry, Financial Institutions Division

Director of FinCEN Affirms That Cryptocurrency Industry Is in Line With Agency Regulations

Director of FinCEN Affirms That Cryptocurrency Industry Is in Line With Agency Regulations

The director of FinCEN (Financial Crimes Enforcement Network) Kenneth. A Blanco believes that the cryptocurrency industry is starting to fall in place with the agency’s regulations on money transmission services.

Coin Cloud Customer Data and Source Code Allegedly Stolen

Coin Cloud Customer Data and Source Code Allegedly Stolen

Coin Cloud, a cryptocurrency ATM provider, has suffered a data breach involving 70,000 customer selfies and 300,000 PII stolen, highlighting the need for improved security measures in the cryptocurrency sector.

Digital Asset Firm Osprey Unveils First-Ever Polygon Trust Fund

Digital Asset Firm Osprey Unveils First-Ever Polygon Trust Fund

Osprey Funds digital assets management firm has launched the Osprey Polygon Trust to make it easier for both institutional and retail investors to invest in Polygon (MATIC) cryptocurrency.

Could Twitter Bitcoin Hack Have Been Prevented? Twitter Faces Heat From SEC

Could Twitter Bitcoin Hack Have Been Prevented? Twitter Faces Heat From SEC

There is ongoing speculation that the massive Bitcoin hack that overtook Twitter on July 15 could have been prevented if Twitter CEO Jack Dorsey and his multi-billion dollar social networking company had taken matters into their own hands and addressed the security concerns outlined by the Securities Exchange Commission (SEC) in 2015.

Australia's Crypto King Schebesta Sold $6.5m Penthouse to Buy Bitcoins

Australia's Crypto King Schebesta Sold $6.5m Penthouse to Buy Bitcoins

Fred Schebesta, who is commonly referred to as ‘Australia's Crypto King', said the current cheap crypto prices means that it is the right time to invest more into crypto.

Terra-Based Anchor Protocol Hits $12b in Total UST Deposits

Terra-Based Anchor Protocol Hits $12b in Total UST Deposits

Anchor Protocol, a lending and borrowing protocol built atop the Terra blockchain network, its total UST stablecoins deposit has hit 12 billion, a show of the massive embrace it is currently receiving from the Terra ecosystem.

Union Bank of Philippines Cooperates with Hex Trust for Promoting Pilot Digital Assets Custody Service

Union Bank of Philippines Cooperates with Hex Trust for Promoting Pilot Digital Assets Custody Service

Union Bank of Philippines (UnionBank) announced the bank has paired with Hong Kong-based Hex Trust to pilot digital assets custody service.

Tether USD₮ Sets New Record Cementing Its Status as the Top Stablecoin for Global Financial Freedom

Tether USD₮ Sets New Record Cementing Its Status as the Top Stablecoin for Global Financial Freedom

Tether, the leading blockchain-enabled platform behind the widely used stablecoin, USD₮, has achieved a significant milestone by surpassing its previous all-time high market cap of $83.2 billion, which was set in May 2022.

Affyn Unveils Singapore As First NEXUS World Metaverse City

Affyn Unveils Singapore As First NEXUS World Metaverse City

In addition to its ongoing Flag sale, Affyn is advancing its NEXUS World metaverse, revealing Singapore as the inaugural metaverse city of Affyn’s NEXUS World. The first metaverse city features 2,000 plots of Freehold Land NFTs, with many more cities to be unveiled in the coming months.

Bitcoin is Teaching Generation Z How to Properly Save, says 10T Holdings Co-Founder

Bitcoin is Teaching Generation Z How to Properly Save, says 10T Holdings Co-Founder

Dan Tapiero, the co-founder of digital asset firm 10T Holdings, has disclosed that Bitcoin is playing an instrumental role in teaching Gen Z how to save.

Band Protocol (BAND) and Chainlink (LINK) DeFi Tokens Outperform Bitcoin by Gaining 100%

Band Protocol (BAND) and Chainlink (LINK) DeFi Tokens Outperform Bitcoin by Gaining 100%

With the recent boom of the decentralized finance (DeFi) industry, DeFi tokens have undergone more than a 100% gain on the crypto market over the past few weeks, outperforming Bitcoin.

OpenAI Files Trademark Application for GPT-5

OpenAI Files Trademark Application for GPT-5

OpenAI, a leading artificial intelligence research lab, has filed a new trademark application for "GPT-5." The information was revealed by Josh Gerben, a prominent trademark attorney, through a tweet on July 31, 2023.

Slim Odds of Slashing and Best Practices to Avoid it

Slim Odds of Slashing and Best Practices to Avoid it

According to Ethereum core developer Superphiz, just 0.04% of ETH-staking validators have been eliminated.

Mercedes-Benz and Volkswagen Unveil Cutting-Edge Voice Assistants at CES 2024

Mercedes-Benz and Volkswagen Unveil Cutting-Edge Voice Assistants at CES 2024

Mercedes-Benz and Volkswagen showcase advanced voice assistant technology at CES 2024, including Mercedes' 'Dialogue Partner' and Volkswagen's ChatGPT integration, enhancing user experience and safety in vehicles with AI-driven innovations.

Virginia Senate Votes to Support New Bill by Permitting Banks to Offer Crypto Custody Services

Virginia Senate Votes to Support New Bill by Permitting Banks to Offer Crypto Custody Services

Based on the unanimous vote from the Virginia Senate, the proposed bill amendment introduced on January 22 this year by Delegate Christopher T. Head sought to allow eligible banks to offer cryptocurrency custody services.

US Prosecutors Unseal Indictment of $20 Million Dollar Cryptocurrency Ponzi Scheme

US Prosecutors Unseal Indictment of $20 Million Dollar Cryptocurrency Ponzi Scheme

US prosecutors have recently indicted a group of investment scammers who have orchestrated a cryptocurrency mining fraud following a Ponzi scheme protocol.

AI and Competition Policy: Insights from the White House Meeting

AI and Competition Policy: Insights from the White House Meeting

The White House meeting on competition policy and AI highlighted concerns about market concentration in critical AI components and its impact on small businesses. The discussion emphasized the need for fair competition and scrutinizing industry behaviors. The Biden-Harris Administration is committed to promoting competition and supporting small businesses in AI development.

Steamboat Willie Enters Public Domain, Inspires NFT and Meme Coin Craze

Steamboat Willie Enters Public Domain, Inspires NFT and Meme Coin Craze

The public domain's "Steamboat Willie" Mickey Mouse version has sparked the creation of popular NFTs and meme coins, marking a new era in digital art and copyright freedom.

Facebook’s Head of Crypto David Marcus Is Leaving the Company after 7 Years

Facebook’s Head of Crypto David Marcus Is Leaving the Company after 7 Years

David Marcus, the head of Facebook’s crypto projects, has announced his intent to leave the firm at the end of the year.

Bitcoin on Track to Break $40,000 Resistance as About $1.1B Positions in Crypto Gets Liquidated

Bitcoin on Track to Break $40,000 Resistance as About $1.1B Positions in Crypto Gets Liquidated

Bitcoin is on track to break through the $40,000 price level after receiving several bullish fundamentals over the weekend. BTC has gained a huge pace at its price, forcing over a billion liquidations in the market.

Binance Adds DOGE, XRP, SOL to FDUSD with Zero Maker Fees

Binance Adds DOGE, XRP, SOL to FDUSD with Zero Maker Fees

Binance introduces five new trading pairs, including DOGE/FDUSD and SOL/FDUSD, and offers zero maker fees on FDUSD pairs until further notice, potentially increasing liquidity and trading volumes, with TRY as part of TOMO/TRY and UNFI/TRY pairs.

Binance.US Halts BUSD Services Amid Investigation

Binance.US Halts BUSD Services Amid Investigation

Binance.US has temporarily halted BUSD services including deposits and withdrawals, and buying, selling, and converting crypto options via the OCBS. The platform is investigating the issue and is also transitioning to new banking and payment service providers, leading to the temporary suspension of certain U.S. dollar deposit services.

Bill Gates Denies COVID-19 Vaccine Microchips and Satanic Conspiracy Theories

Bill Gates Denies COVID-19 Vaccine Microchips and Satanic Conspiracy Theories

Bill Gates, Microsoft Founder and billionaire philanthropist, has responded to conspiracy theories that his charity foundation is planning to use the coronavirus vaccine to implant microchips into the global population. The conspiracy itself appears to have started with a patent for a very innovative cryptocurrency mining system filed by Microsoft earlier this year.

BlackRock and SEC Discuss iShares Bitcoin Trust Listing on Nasdaq

BlackRock and SEC Discuss iShares Bitcoin Trust Listing on Nasdaq

The SEC is reviewing multiple proposals for iShares Bitcoin Trust's listing as a spot Bitcoin ETF on Nasdaq, marking a significant step in mainstream cryptocurrency acceptance.

Helium Network to Migrate to Solana Blockchain

Helium Network to Migrate to Solana Blockchain

Helium will migrate to Solana and install Oracles on March 27.

EquitiesFirst Owes $439 Million In Debt to Celsius Network

EquitiesFirst Owes $439 Million In Debt to Celsius Network

The case is one of many issues facing Celsius Network. If EquitiesFirst agrees to pay the debt, then the struggling Celsius’ operations would be bolstered.

Australia Announces 'Token Swap' Campaign to Accelerate Crypto Regulation

Australia Announces 'Token Swap' Campaign to Accelerate Crypto Regulation

Australian federal government will implement a “token mapping” exercise to inform future regulation of the country’s crypto assets, laying the groundwork for “determining how crypto assets and related services should be regulated.”

Telegram Tells US Investors to Leave TON Blockchain Project and Take 72% Refund

Telegram Tells US Investors to Leave TON Blockchain Project and Take 72% Refund

Telegram now says US investors won’t get 110% refund and tells them to leave its blockchain TON project.

Russian Finance Ministry Compromises, Willing to Take Crypto Suggestions from Central Bank

Russian Finance Ministry Compromises, Willing to Take Crypto Suggestions from Central Bank

Russia's finance ministry has said that it is willing to take suggestions on cryptocurrencies from the country's central bank but they should not clash with their approach.

The Bank of Russia Wants Strict Limits for Non-Professional Russian Crypto Investors

The Bank of Russia Wants Strict Limits for Non-Professional Russian Crypto Investors

Russia has published a proposal that sets strict limits on the amounts of digital assets acquired by non-professionals investors in a year.

US Dollar Losses in 2020 Not to be Recouped in the Coming Year, Making the Case for a Bitcoin Rally

US Dollar Losses in 2020 Not to be Recouped in the Coming Year, Making the Case for a Bitcoin Rally

Bitcoin has been holding steadily around $10,738 at press time, as the stock market continues to recover and see gains.

Bittrex Faces Potential Legal Action from US SEC

Bittrex Faces Potential Legal Action from US SEC

Bittrex, a US-based cryptocurrency exchange, may face legal action from the US Securities and Exchange Commission (SEC) over alleged violations related to investor protection, despite preparing to shut down its local operations.

Dubai-Based Startup to Raise $1.2M NFT Fund to Clean Up Ocean Plastics Globally

Dubai-Based Startup to Raise $1.2M NFT Fund to Clean Up Ocean Plastics Globally

Ocean and Us plans to raise millions in donations via NTF funding.

Bitcoin Retreats to Around $30k: Decoding the Technical Indicators and Regulatory Factors

Bitcoin Retreats to Around $30k: Decoding the Technical Indicators and Regulatory Factors

In today's market developments, Bitcoin has retracted to around $30k, weighed down by various technical factors and a series of recent regulatory interventions.

Wilshire Phoenix Files for Publicly Traded Bitcoin-Backed Fund Approval Seeking to Challenge Grayscale’s Dominance

Wilshire Phoenix Files for Publicly Traded Bitcoin-Backed Fund Approval Seeking to Challenge Grayscale’s Dominance

The New York-based investment company, Wilshire Phoenix has filed the s-1 registration statement with the SEC for a publicly-traded Bitcoin fund in accordance with regulatory requirements.

SUSHI Price Posts Significant Leap Amid GoldenTree’s $5.3M Stake in Sushiswap

SUSHI Price Posts Significant Leap Amid GoldenTree’s $5.3M Stake in Sushiswap

SUSHI’s trajectory appears promising. It is important to look at why the price is rising, unlike other crypto prices.

Celsius Gets Green Light from Bankruptcy Judge for Bidding Plans

Celsius Gets Green Light from Bankruptcy Judge for Bidding Plans

Celsius Network has received an ok sign from a federal bankruptcy judge for bidding procedure plans. The next step will include setting up a schedule in motion which could see the platform's assets sold by the end of the year.

Binance Labs Funds Delphinus Lab's zkWASM VM for Web3 Evolution

Binance Labs Funds Delphinus Lab's zkWASM VM for Web3 Evolution

Binance Labs invests in Delphinus Lab's pioneering zkWASM VM, aiming to boost the Web3 app landscape with enhanced privacy and efficiency.

Crypto Bank Custodia Files Lawsuit against Federal Reserve for Delaying Master Account Application

Crypto Bank Custodia Files Lawsuit against Federal Reserve for Delaying Master Account Application

Wyoming state-based digital asset bank Custodia has filed a lawsuit against the authority for unlawfully delaying a decision on its applications for a master account.

Elliptic Debunks Claims of Substantial Crypto Funding to Hamas

Elliptic Debunks Claims of Substantial Crypto Funding to Hamas

Elliptic, a blockchain analytics firm, refuted claims of significant cryptocurrency funding to Hamas, following a wave of reports and a letter from US lawmakers to the White House. The firm highlighted the lack of substantial evidence supporting the alleged $130 million crypto funding between August 2021 and June 2023. Despite historical endeavors by Hamas to solicit crypto donations, recent analysis reveals that the amounts garnered remain minuscule compared to the figures cited in misinformed reports.

Italian Soccer Giant Juventus Embraces Blockchain Technology

Italian Soccer Giant Juventus Embraces Blockchain Technology

In a move widely celebrated by fans, Juventus Football club of Italy enters into a licence agreement with blockchain based fantasy football company, Sorare.

Can US Lawmakers Really Just Mint Two $1 Trillion Coins to Back a Digital Dollar COVID Stimulus with "No Additional Debt"?

Can US Lawmakers Really Just Mint Two $1 Trillion Coins to Back a Digital Dollar COVID Stimulus with "No Additional Debt"?

As the economy continues to deteriorate in the ongoing COVID-19 pandemic climate, US Lawmakers are once again pitching the creation of a sovereign digital dollar to quickly distribute the proposed stimulus packages. The bill further proposed the new minting of two trillion dollar coins.

Siemens Issues World's First Blockchain Bond

Siemens Issues World's First Blockchain Bond

Siemens claims that "releasing the bond on a blockchain provides a variety of advantages compared to prior approaches," including removing banks as middlemen.

Bitcoin Economy Gives El Salvador Village Hope Amidst COVID-19

Bitcoin Economy Gives El Salvador Village Hope Amidst COVID-19

Despite being heavily impacted by the COVID-19 pandemic, a small beach town in El Salvador, dubbed El Zonte, have strived to keep their economy afloat with the integration of Bitcoin as a digital currency.

Huobi to Expand Footprints in Australia, Seeking Regulatory Approval for Crypto Trading

Huobi to Expand Footprints in Australia, Seeking Regulatory Approval for Crypto Trading

Huobi Global is trailing the same footprints as its counterparts as it filed its application to be registered as a digital currency exchange provider with the Australian Transaction Reports and Analysis Centre (AUSTRAC).

Digital Asset Liquidity Provider OrBit Markets Wins Google Cloud Customer Award

Digital Asset Liquidity Provider OrBit Markets Wins Google Cloud Customer Award

OrBit Markets, a Singapore-based liquidity provider, has been awarded the 2023 Google Cloud Customer of the Year Award for its exceptional use of Google Cloud technologies for trading data processing.

US SEC Delays Decision on Valkyrie Bitcoin Spot ETF Proposal Until 2022

US SEC Delays Decision on Valkyrie Bitcoin Spot ETF Proposal Until 2022

The SEC has delayed its decision on the Valkyrie Bitcoin Fund until January 2022.

Grayscale CEO challenges SEC's denial of application

Grayscale CEO challenges SEC's denial of application

If GBTC becomes a spot BTC ETF, Grayscale Investments CEO Michael Sonnenshein stated investors will get a "few of billion dollars" back.

FTX investors file class-action suit against Sequoia

FTX investors file class-action suit against Sequoia

FTX investor class-action lawsuit venture capital companies have a "tricky case," according to a crypto lawyer.

Prime Trust Files for Chapter 11 Bankruptcy

Prime Trust Files for Chapter 11 Bankruptcy

Prime Trust, LLC filed for Chapter 11 bankruptcy on August 14, 2023, following financial difficulties, a cease and desist order, and a terminated acquisition deal with BitGo.

Kraken Under Probe for Allegedly Violating US Sanctions on Iran

Kraken Under Probe for Allegedly Violating US Sanctions on Iran

The US Treasury Department is investigating Kraken on suspicion that the crypto exchange allowed Iranian users to use its trading platform despite federal sanctions on the middle eastern country.

QuickNode Closes $60 Million Funding Round

QuickNode Closes $60 Million Funding Round

QuickNode raised $60 million. Series B was the company's biggest round since October 2021. Quick Node hosts 16 blockchains, including Ethereum, Matic, Optimism, Arbitrum, and Solana.

CBI and Liminal Collaborate for Digital Asset Security in India Amid Crypto Scams

CBI and Liminal Collaborate for Digital Asset Security in India Amid Crypto Scams

The Central Bureau of Investigation of India is partnering with Singapore-based Liminal to secure digital assets seized during investigations amid rising cryptocurrency frauds in India.

Polaris Ventures, a charity created by former FTX and Alameda

Polaris Ventures, a charity created by former FTX and Alameda

Ruairi Donnelly, a former FTX employee, earned $562,000 in FTT tokens at a discount.

California Governor Gavin Newsom Warns Bitcoin Scams are Targeting Public In COVID-19 Market

California Governor Gavin Newsom Warns Bitcoin Scams are Targeting Public In COVID-19 Market

In his official address, Gavin Newsom California governor cautioned the public against individuals asking for advance payment in Bitcoin with the promise of delivering essential commodities.

Crypto Community Braces For Altcoin Explosion As Bitcoin Smashes New ATH

Crypto Community Braces For Altcoin Explosion As Bitcoin Smashes New ATH

As Bitcoin surged to a new all-time high, there is a growing expectation for altcoin season to commence as new retail investors flock to cryptocurrency.

Azuki's Twitter Account Hacked, Over $750,000 Stolen

Azuki's Twitter Account Hacked, Over $750,000 Stolen

Azuki, a popular nonfungible token project, had its Twitter account hacked, stealing almost $750K in USDC in 30 minutes.

Huobi Korea Wants To Separate And Change Name

Huobi Korea Wants To Separate And Change Name

Recently, the firm cut off 20% of its employees and disclosed a $6 million outflow. Reports say Huobi Korean chairman Cho Kook-bong will buy Li's stake.

Coinbase Landed Patent for a New Compliance System to Root Out Non-Compliant Accounts

Coinbase Landed Patent for a New Compliance System to Root Out Non-Compliant Accounts

US cryptocurrency exchange Coinbase has been awarded a new patent from the US Patent and Trademark Office for an automated system to flag and remove non-compliant user accounts.

Moscow Exchange Drafts Bill to Offer Digital Financial Assets and Securities Trading

Moscow Exchange Drafts Bill to Offer Digital Financial Assets and Securities Trading

According to local media reports, Russia’s Moscow Stock Exchange (MOEX) is drafting a bill aimed at making digital assets available for trading on the stock exchange as securities and directly as digital financial assets.

Western Australian Police Force Seized 1.5 Million Worth of Crypto in a Drug Investigation

Western Australian Police Force Seized 1.5 Million Worth of Crypto in a Drug Investigation

The Australian Border Force (ABF), the Western Australian Police Force announced that the team has arrested a 27-year-old man and a 25-year-old woman over drug probe, seizing and frozen an incredible amount of 1.5 million worth of cryptocurrency found in the electronic device held by the culprits.

Ripple Acquires Swiss-based Metaco, Sets Sights on $10T Institutional Crypto Custody Market

Ripple Acquires Swiss-based Metaco, Sets Sights on $10T Institutional Crypto Custody Market

Ripple, the global provider of blockchain-based payment systems, has announced its acquisition of Metaco, a Swiss provider of digital asset custody and tokenization technology.

COINNEWSEXTRA AND  GLOBAL POLICY HOUSE TO HOST FIRST UNPRECEDENTED CBDC CONFERENCE IN AFRICA

COINNEWSEXTRA AND GLOBAL POLICY HOUSE TO HOST FIRST UNPRECEDENTED CBDC CONFERENCE IN AFRICA

One of the best gift possessed by humans is the ability to adapt to change. Little did we know that the global COVID-19 pandemic was going to deprive us of our regular mode of living, here we are today with several months of stay at home with many organisations and people pivoting into the digital economy. The immense impact of the COVID-19 pandemic has severely affected the whole world with developments changing frequently. However, digital innovations and technology solutions have been deployed to respond urgently to these changes, This has led to a notable increase in demand for online transactions, resulting in a significant shift from cash to digital payment methods.

Elon Musk Warns of AI’s Destructive Potential

Elon Musk Warns of AI’s Destructive Potential

Tesla and Twitter CEO Elon Musk has voiced his concerns over the potential for artificial intelligence to destroy civilization. Despite Musk’s plan to create a new AI startup, he acknowledges the dangers of the technology falling into the wrong hands or being developed with ill intentions.

Goldman Sachs Warns Inflation Threatens US Dollar’s Role as Global Reserve Currency

Goldman Sachs Warns Inflation Threatens US Dollar’s Role as Global Reserve Currency

Goldman Sachs strategists say risks to the U.S dollar’s reserve status include increasing pandemic and political uncertainty and rising debt.

Solana NFT Platform Magic Eden Moves To An Optional Royalties Method

Solana NFT Platform Magic Eden Moves To An Optional Royalties Method

Solana-based NFT platform Magic Eden announced on Saturday it's opting for an optional royalties method for its users.

Blockchain-Powered Donation Tracking Platform Shanzong Seeks to Propel Transparency Amid Coronavirus Scare

Blockchain-Powered Donation Tracking Platform Shanzong Seeks to Propel Transparency Amid Coronavirus Scare

With coronavirus having claimed more than 1,800 lives, capturing vital statistics is fundamental in having it curbed. Shanzong, a blockchain-enabled donation tracking platform, has been established in China to boost efficiency and transparency of giving.

White House Heightens Scrutiny on Crypto Miner’s Energy Consumption

White House Heightens Scrutiny on Crypto Miner’s Energy Consumption

Regulatory scrutiny increases as crypto mining activities are rising and consuming huge amounts of energy.

LUNA and UST Crash Could Have Been Averted if Bitcoin Reserves were Used Earlier, Binance CEO Says

LUNA and UST Crash Could Have Been Averted if Bitcoin Reserves were Used Earlier, Binance CEO Says

The collapse of LUNA and UST, the native tokens of the Terra network, could have been avoided if the Luna Foundation Guard (LFG) had used its Bitcoin reserves earlier, according to Binance CEO Changpeng Zhao (CZ).

Circle Integrates zkSync for USD Coin

Circle Integrates zkSync for USD Coin

Circle has integrated Ethereum's zero-knowledge layer-2 solution zkSync into its native stablecoin, USD Coin, enhancing transaction processing speed and preserving Ethereum's foundational values, thereby expanding its availability in the Ethereum layer-2 ecosystem.

CBDC for Stimulus Payments Advocates Honorary Christopher Giancarlo

CBDC for Stimulus Payments Advocates Honorary Christopher Giancarlo

During an open hearing by the House Committee On Financial services yesterday, the Honorable Christopher Giancarlo once again advocated for the use of a central bank digital currency (CBDC), effectively digital dollars, as a solution to directly distribute the COVID stimulus packages to citizens.

Circle Plans to Increase Workforce by 15-25%

Circle Plans to Increase Workforce by 15-25%

Circle's $42 billion USDC is the second-largest stablecoin behind Tether's USDT.

XRP Status Classified as Unclear,  Meanwhile Analysts Say XRP Price Could Jump to $0.30

XRP Status Classified as Unclear, Meanwhile Analysts Say XRP Price Could Jump to $0.30

The US Commodities and Futures Trading Commission (CFTC) Chairman Heath Tarbert indicated in an interview that the status of XRP has been classified as unclear. He said, “It’s unclear. Stay tuned I’d say. Part of the issue is that our jurisdiction we share with the SEC (Securities and Exchange Commission). If it’s a security, it falls under their jurisdiction. If it’s a commodity, it falls under ours.”

Crypto is Becoming the Lifeline for Ordinary Russians, Coinbase CEO Says

Crypto is Becoming the Lifeline for Ordinary Russians, Coinbase CEO Says

Meanwhile, as the war between Russia and Ukraine ravages, Coinbase CEO Brian Armstrong believes that cryptocurrencies are emerging as the lifeline for Russians as the nation faces heavy sanctions.

US SEC Issues Summons to Influencers Promoting HEX, PulseChain, PulseX

US SEC Issues Summons to Influencers Promoting HEX, PulseChain, PulseX

The crypto influencers are expected to fully cooperate with the SEC request.

US NIST Initiates AI Safety Consortium to Promote Trustworthy AI Development

US NIST Initiates AI Safety Consortium to Promote Trustworthy AI Development

The US National Institute of Standards and Technology (NIST) has launched the Artificial Intelligence Safety Institute Consortium to promote safe AI development and responsible use, inviting organizations to collaborate on identifying proven safety techniques by December 4, 2023.

Vitalik Buterin Thinks Twitter Headquarters Should Be Moved to Switzerland

Vitalik Buterin Thinks Twitter Headquarters Should Be Moved to Switzerland

Vitalik is suggesting Elon Musk should move Twitter headquarters to Switzerland

Lawsuit: Ex-Employee Accuses Celsius Network of Financial Fraud Involvement

Lawsuit: Ex-Employee Accuses Celsius Network of Financial Fraud Involvement

In its lawsuit, Jason Stone, a former manager at Celsius Network, has accused the crypto lending firm of engaging in fraudulent deals, including price manipulation of Celsius's token.

Australian Senator Proposes Digital Asset Regulation Bill

Australian Senator Proposes Digital Asset Regulation Bill

Senator Andrew Bragg has proposed a Digital Assets (Market Regulation) Bill 2023 to regulate cryptocurrency services in Australia. The bill recommends stablecoin regulations, licensing of exchanges, and custody requirements to protect consumers and promote investment.

Shiba Inu On Track to Follow Dogecoin Rally Amid Musk's Twitter Buying

Shiba Inu On Track to Follow Dogecoin Rally Amid Musk's Twitter Buying

Shiba Inu has found success quickly and is currently the second-largest meme coin in the market. But its impressive performance appears related to Doge.

Australian Senator Andrew Bragg: Blockchain Can 'Rebuild Confidence' in Financial Services

Australian Senator Andrew Bragg: Blockchain Can 'Rebuild Confidence' in Financial Services

Australian Liberal Senator Andrew Bragg has expressed optimism on the potential of blockchain technology to help ‘Rebuild Confidence’ in the financial services sector

U.S. President Joe Biden's administration released a statement on Jan 27

U.S. President Joe Biden's administration released a statement on Jan 27

The White House developed a "road plan" to mitigate bitcoin concerns via congressional initiatives.

PayPal May Buy Digital Asset Custodian BitGo Following Crypto Market Entry

PayPal May Buy Digital Asset Custodian BitGo Following Crypto Market Entry

PayPal may be looking to penetrate the market further following its recent crypto payments announcement, rumors indicate the firm may buy digital asset custodian BitGo.

Elon Musk Says "Dogecoin Is The People's Crypto"

Elon Musk Says "Dogecoin Is The People's Crypto"

Elon Musk just declared that "Dogecoin is the people's crypto," sending the price of the cryptocurrency up by more than 53% in the past 24 hours.

2 Reasons Why Bitcoin Price Should Reclaim $34,000 This Week

2 Reasons Why Bitcoin Price Should Reclaim $34,000 This Week

Bitcoin plunged by over 16 percent to an intraday low of $27,678 on Monday before recovering above the $30,000 level. Here are two reasons to expect a further BTC price rally.

What Solutions Can Blockchain Bring in Response to the Deadly Coronavirus Outbreak?

What Solutions Can Blockchain Bring in Response to the Deadly Coronavirus Outbreak?

The coronavirus death toll hit a daily high, as China confirms 3694 cases, a slightly lower number than the day earlier. 28,261 cases of infection have been reported worldwide with 565 deaths, mostly in Hubei province in China. How can blockchain be utilized to tackle this problem?

Mastercard Enhances Crypto Wallet and Exchange Business

Mastercard Enhances Crypto Wallet and Exchange Business

Payment giant Mastercard announced Tuesday to enhance its function and experiment for cryptocurrency wallets and exchanges to their clients. The card issuer cooperates with multiple crypto enterprises to convert crypto and traditional fiat money more accessible.

Tesla Reveals Possibly to Resume Bitcoin Payments for Products

Tesla Reveals Possibly to Resume Bitcoin Payments for Products

Months after it stopped accepting Bitcoin payments for its electric automobiles, American car manufacturing giant, Tesla has hinted at the possibility of continuing this pro-Bitcoin move in the near future

Can We Expect a Bitcoin Bull Run Amid the Upcoming Bitcoin Halving and Coronavirus Pandemic?

Can We Expect a Bitcoin Bull Run Amid the Upcoming Bitcoin Halving and Coronavirus Pandemic?

The next Bitcoin halving is expected to take place in May 2020. Each time Bitcoin halving takes place, the number of Bitcoins entering circulation every 10 minutes, also known as block rewards will fall to half, to 6.25 from 12.5 in May. As the amount of supply, Bitcoins are decreasing, the demand most likely will stay the same, but possibly lead to an increase in Bitcoin’s price. Experts believe that there will be less Bitcoin available in the market if the miners will be selling less of the cryptocurrency.

US Treasury Department Concerns NFTs Crime of Money Laundering

US Treasury Department Concerns NFTs Crime of Money Laundering

The growing popularity of digital artworks as highly valued non-fungible tokens (NFTs) is now a major financial red flag as the United States Treasury Department believes they could be a vital tool for money laundering.

Binance Launches Football Fan Token Index Perpetual Contracts Ahead of FIFA 2022

Binance Launches Football Fan Token Index Perpetual Contracts Ahead of FIFA 2022

Binance is offering its customers another trading opportunity by launching football fan token index perpetual contracts. The new product is set to help users make the most of market conditions.

Russian Investors File Class Action Against Atomic Wallet Following $100 Million Heist

Russian Investors File Class Action Against Atomic Wallet Following $100 Million Heist

Russian and CIS investors have filed a class action lawsuit against Atomic Wallet, claiming losses of around $12 million following a security breach in June. The lawsuit, coordinated by German lawyer Max Gutbrod and Moscow's Destra Legal, highlights concerns about the platform's security measures and the growing reliance on cryptocurrencies in Russia.

$1 Billion Worth of Bitcoin Moved from US Law Enforcement Seized Wallets

$1 Billion Worth of Bitcoin Moved from US Law Enforcement Seized Wallets

Over 50,000 Bitcoin, valued at $1 billion, were transferred from multiple wallets linked to US law enforcement seizures. Approximately 9,861 BTC was sent to Coinbase, while the rest were internal transfers. The BTC was seized from the Silk Road marketplace, one of the first darknet markets to accept Bitcoin payments.

Russia will build a crypto exchange

Russia will build a crypto exchange

Russian politicians are amending cryptocurrency laws. Finance Ministry and Central Bank of Russia apparently back the endeavor. Russian currency restrictions and laws wouldn't apply, but transactions would be reported to the tax department.

NSFW AI: An In-Depth Exploration

NSFW AI: An In-Depth Exploration

NSFW AI, utilizing machine learning and deep learning, generates unconstrained content, democratizing adult entertainment and fantasy exploration, but faces ethical challenges and potential misuse.

Binance Adds USDC on Its Dual Investment Service

Binance Adds USDC on Its Dual Investment Service

Binance, one of the leading cryptocurrency exchanges, has announced the addition of USDC on its Dual Investment platform. Users can now participate in Buy Low & Sell High products with various USDC pairs, allowing them to earn rewards on popular cryptocurrencies.

SEC Probes Investment Advisers Offering Crypto Custody Without Proper Qualification

SEC Probes Investment Advisers Offering Crypto Custody Without Proper Qualification

After the fall of FTX and the Ripple lawsuit in 2022, the U.S. Securities and Exchange Commission (SEC) is now looking into Wall Street corporations that may be violating custody regulations.

GameStop, Dogecoin and Crypto: Making Sense of The Wild Current Financial News

GameStop, Dogecoin and Crypto: Making Sense of The Wild Current Financial News

I have been watching the exploits of the rag-tag group of Reddit traders who have upended Wall Street's status quo. As an investor, the absurdity of both Wall Street and Reddit is apparent. I will continue to support open and decentralized platforms like Bitcoin. Here is my take on where we go from here.

Bitcoin Surges as US Inflation Rises

Bitcoin Surges as US Inflation Rises

The price of Bitcoin surged over $26,000 as the US Department of Labor reported a 0.4% increase in the Consumer Price Index (CPI) for February 2023, with inflation rising by 6% over the last year. The cryptocurrency markets reacted positively to the news, with both Bitcoin and Ether experiencing price surges.

Taxing Crypto Transactions Would Generate $13B Each Year for Russia: Report

Taxing Crypto Transactions Would Generate $13B Each Year for Russia: Report

Data collected from Russian authorities showed that the country could earn $13 billion each year by taxing cryptocurrency transactions, Moscow-based news outlet The Bell reported.

Bitcoin's Correlation with S&P 500 at a Nine Year Peak, says Quantum Economics Founder Mati Greenspan

Bitcoin's Correlation with S&P 500 at a Nine Year Peak, says Quantum Economics Founder Mati Greenspan

Mati Greenspan, founder of Quantum Economics believes the coronavirus pandemic has brought Bitcoin closer to the S&P 500 than ever before.

Indian State Plans to Combat Fake COVID-19 Vaccines with Blockchain

Indian State Plans to Combat Fake COVID-19 Vaccines with Blockchain

The administration of Telangana, a southern Indian state, intends to avert any attempt of hoarding or black-marketing of COVID-19 vaccines using blockchain technology.

Indonesia's Ministry of Trade is reportedly aiming to roll out a national crypto exchange

Indonesia's Ministry of Trade is reportedly aiming to roll out a national crypto exchange

Indonesian Trade Minister Zulkifli Hasan has set a June 2023 start date for its crypto exchange.

XRP Price Drops During Ripple Swell Conference

XRP Price Drops During Ripple Swell Conference

The XRP price looks set to continue a downtrend, while Ripple hosts the annual Swell conference which brings together world industry leaders and policymakers.

Rocket Pool GMC Treasury Considers USDC Diversification to Stabilize $RPL Value

Rocket Pool GMC Treasury Considers USDC Diversification to Stabilize $RPL Value

Rocket Pool's GMC plans to convert 20% of monthly inflow payments to USDC starting September, aiming to attract a diverse applicant pool despite challenges in optimal allocation strategy.

Tech leaders sign open letter calling for AI development halt

Tech leaders sign open letter calling for AI development halt

More than 2,600 tech leaders, including Elon Musk and Steve Wozniak, have signed an open letter calling for a temporary halt to any further artificial intelligence (AI) development. The letter expresses concerns about the potential hazards to society and mankind posed by AI with human-competitive intelligence. However, the petition has divided the larger tech community, with some opposing the call to halt AI development, citing the need to keep moving forward with new technologies.

1 Million Aussies to Enter Crypto Over the Next 12 Months, Says Swyftx Survey

1 Million Aussies to Enter Crypto Over the Next 12 Months, Says Swyftx Survey

A study suggests that Australians are looking for alternative investment opportunities during a time of rising turbulence in international markets.

Chinese Authorities Crack Down on 54.8 Million USDT Money Laundering Scheme

Chinese Authorities Crack Down on 54.8 Million USDT Money Laundering Scheme

Chinese authorities crack a major USDT-linked money laundering case, arresting 21 suspects and seizing over 1M yuan.

Bitcoin Adoption is the Ultimate Protest Against Government and State Abuse of Freedoms

Bitcoin Adoption is the Ultimate Protest Against Government and State Abuse of Freedoms

As protests break out across the globe against state and central authorities, are the protesters overlooking their best and most potent weapon in Bitcoin? Bitcoin in essence, was built for protest and could potentially destabilize the central source of power for our governments—control over traditional financial systems.

Australian Banks Ordered to Report Crypto Transactions

Australian Banks Ordered to Report Crypto Transactions

The Australian Prudential Regulation Authority (APRA) has ordered local banks to report on cryptocurrency transactions amid concerns over the contagion of recent banking collapses, including that of Silicon Valley Bank (SVB). The regulator is seeking more information and insight into banking exposures to crypto assets and associated risks.

Red Alert: Ripple Effects of Coronavirus on Chinese Electronic Manufacturers and Bitcoin Miners

Red Alert: Ripple Effects of Coronavirus on Chinese Electronic Manufacturers and Bitcoin Miners

The scourge of the coronavirus has led to the temporary closure of factories in China with the electronic industry supply chain being hit the hardest forcing an extension in the Lunar year holiday following the outbreak of the virus.

Circle Doubles Value to $9B with New Deal with Concord Acquisition Corp

Circle Doubles Value to $9B with New Deal with Concord Acquisition Corp

Fintech company Circle Internet Financial has revamped its merger agreement with Concord Acquisition Corp (NYSE:CND) through a special purpose acquisition, doubling its valuation to $9B from the $4.5 billion initially announced in July 2021.

Secret Network to Restructure as Nonprofit with 'Transparent Operation'

Secret Network to Restructure as Nonprofit with 'Transparent Operation'

Two Secret Network-promoting groups argued publicly before the vote.

RBL Bank Partners with Accenture to Build A Digital Bank Infrastructure

RBL Bank Partners with Accenture to Build A Digital Bank Infrastructure

RBL Bank announced that it will partner with Accenture, who envisions that it will enhance the bank’s information technology (IT) network and services.

Bybit Launches Futures Contracts Settled in USDC Stablecoin

Bybit Launches Futures Contracts Settled in USDC Stablecoin

Bybit is one of the major crypto exchanges offering futures trading services globally. The exchange has launched a new trading service that settles options contracts in the stablecoin USDC.

Crypto-Integrity-Tao—The Books And Convention That Will Change Everything

Crypto-Integrity-Tao—The Books And Convention That Will Change Everything

or the first time in technological history, with Blockchain humanity is creating an “Organism-Environment” and a few innovators and futurist are aware of this fact. It will begin this year and deliver incredible rewards, releasing the “spirit” of Blockchain Intersections in a 5G world.

Short-Term Holders Dominate Primary Driver for Bitcoin's Liquidation amid Ukraine Crisis

Short-Term Holders Dominate Primary Driver for Bitcoin's Liquidation amid Ukraine Crisis

Analysis by IntoTheBlock shows that short-term holders have been the primary catalysts of the present leg down as they continue liquidating their BTC investments.

Square Inc. Launches Alliance for Crypto and Blockchain Companies to Fight Patent Trolls

Square Inc. Launches Alliance for Crypto and Blockchain Companies to Fight Patent Trolls

Square has announced that it has successfully launched COPA to empower blockchain and crypto companies and to protect them from patent hoarding trolls.

WEF Promotes Eco-Friendly Crypto Mining Firm Crusoe Energy

WEF Promotes Eco-Friendly Crypto Mining Firm Crusoe Energy

The World Economic Forum (WEF) featured a video showcasing Crusoe Energy Systems, a cryptocurrency mining firm that uses waste energy sources to power their modular data centers. Although the video never directly mentions cryptocurrency mining, several crypto industry figures praised Crusoe's efforts in reducing flaring and utilizing stranded energy sources to generate ultra-low-cost computing infrastructure.

When the COVID Pandemic Subsides, Will Bitcoin Still be Here?

When the COVID Pandemic Subsides, Will Bitcoin Still be Here?

The Covid-19 pandemic is causing havoc everywhere in the world. This is definitely true in the Bitcoin markets. Up until now, it was assumed that Bitcoin was a safe haven asset that would thrive in a global economic crisis.

Binance Integrates USD Coin (USDC) on CELO Network

Binance Integrates USD Coin (USDC) on CELO Network

Binance, one of the leading cryptocurrency exchanges, has successfully completed the integration of USD Coin (USDC) on the CELO network. As a result, users can now deposit and withdraw USDC on Binance's platform.

Nexo Capital to Pay $45 Million in Penalties

Nexo Capital to Pay $45 Million in Penalties

Nexo Capital, a crypto lender, will pay $45 million to the SEC and NASAA (NASAA). SEC and NASAA announced the announcement on Jan 19.

US Senate Bill Proposes to Empower CFTC to Oversight Tokens & Digital Assets

US Senate Bill Proposes to Empower CFTC to Oversight Tokens & Digital Assets

Top U.S. Senators have introduced a bill that seeks to give the Commodity Futures Trading Commission (CFTC) the sole responsibility of overseeing the biggest cryptocurrencies.

Thai Political Party Proposes $300 Digital Currency Stimulus

Thai Political Party Proposes $300 Digital Currency Stimulus

The Pheu Thai Party in Thailand has proposed giving all residents 16 years and older a digital currency stipend of $300 if it wins the next election. The initiative is a stimulus project aimed at helping the local economy using blockchain technology.

LUNA Charts a Bullish Course as Crypto Markets Opens Monday With Gains

LUNA Charts a Bullish Course as Crypto Markets Opens Monday With Gains

Amidst this re-awakening, here is an insight into what the coming week may hold for LUNA ahead of the likely protocol forking.

Shopify Becomes Member of the Libra Association

Shopify Becomes Member of the Libra Association

Canadian-based e-commerce giant Shopify has announced it will become the latest member of the Libra Association's governing council.

Coins Making The Biggest Moves in The Market Today: NXM, HBAR, and ENJ

Coins Making The Biggest Moves in The Market Today: NXM, HBAR, and ENJ

This piece profiles three of the coins making the biggest move in the market today. These cryptocurrencies include NXM, HBAR, and ENJ.

Velas 3.0 Is Coming: Here's What You Need to Know

Velas 3.0 Is Coming: Here's What You Need to Know

Velas (VLX), a platform designed to address the scaling and usability challenges seen by other blockchains, is on the verge of releasing by far its largest update to date — with the impending launch of the Velas 3.0 ecosystem.

SEC Postpones Decision on Grayscale Ethereum Trust's ETF Application

SEC Postpones Decision on Grayscale Ethereum Trust's ETF Application

The SEC has extended its review period for Grayscale's Ethereum ETF application to January 2024, reflecting a careful evaluation approach towards cryptocurrency ETFs.

Racing to Save the Planet: The Role of Blockchain in Sustainability

Racing to Save the Planet: The Role of Blockchain in Sustainability

The world is in decay. A long list of environmental disasters and the relentless requirement for fossil fuels are pushing Earth's capabilities to heal itself to a dangerous tipping point. Blockchain might very well be mankind's last hope to avoid the fall.

Positives Out of the Wuhan Coronavirus: Blockchain Educators in the City

Positives Out of the Wuhan Coronavirus: Blockchain Educators in the City

For many outside of China, the city of Wuhan is now identified as being ground zero for the recent outbreak of the coronavirus, but some amazing innovation has come out of China's seventh biggest city in recent years.

Argentinians Seek Shelter in Stablecoins after Economy Minister Resignation

Argentinians Seek Shelter in Stablecoins after Economy Minister Resignation

Argentinians have taken refuge in stablecoins after the nation’s economy minister Martin Guzman resigned over the weekend attributed to the financial crisis crushing the South American country.

Nexo Offers to Acquire Vauld Group after Celsius's Cold Treatment

Nexo Offers to Acquire Vauld Group after Celsius's Cold Treatment

Nexo’s plan to buy a cryptocurrency lender may be coming to fruition as the company has shown interest in acquiring Vauld Group.

Bitcoin Flips Visa Again

Bitcoin Flips Visa Again

Bitcoin (BTC) market valuation surpassed Visa's after a near 50% price increase in 2023. BTC has "flipped" the payment giant three times.

Binance linked to illegal cryptocurrency platform Bitzlato

Binance linked to illegal cryptocurrency platform Bitzlato

Binance is related to Bitzlato, according to FinCEN. The obscure platform collected $206 million from darknet marketplaces, $224 million through frauds, and $9 million from ransomware perpetrators.

The White House Publishes Guidelines for Regulating Digital Assets

The White House Publishes Guidelines for Regulating Digital Assets

The U.S President, Joe Biden has set up a new framework on how cryptocurrency will be traded and regulated in the U.S

Circle's USDC Reserve Mishap Leads to Massive Sell-off

Circle's USDC Reserve Mishap Leads to Massive Sell-off

Circle's announcement that Silicon Valley Bank failed to transfer $3.3 billion of its USDC reserves led to a significant sell-off, causing the stablecoin to depeg from the U.S. dollar. Investors who tried to cut their losses by exchanging USDC for other stablecoins, such as USDT, faced exorbitant prices.

Russians Under Sanctions Using Crypto to Launder Money: Elliptic Report

Russians Under Sanctions Using Crypto to Launder Money: Elliptic Report

Russians with strong social connections, who are under international sanctions for the invasion of Ukraine, have been using cryptocurrencies to launder their wealth, according to a report.

CME to Close Trading Floor on Friday as Coronavirus Prevention Measure

CME to Close Trading Floor on Friday as Coronavirus Prevention Measure

CME Group plans to close its trading floor in Chicago due to fears of further spreading the coronavirus, the influenza outbreak that has sent global stock markets falling.

Ripple CEO Criticizes SEC's Use of Quarterly XRP Report in Lawsuit

Ripple CEO Criticizes SEC's Use of Quarterly XRP Report in Lawsuit

The Chief Executive Officer of Ripple, Brad Garlinghouse, expressed his hatred for the United States Securities and Exchange Commission (SEC) on August 2, 2023.

World's Second Largest Bitcoin Mining Company Raises $90M in US IPO

World's Second Largest Bitcoin Mining Company Raises $90M in US IPO

The world’s second-largest bitcoin mining equipment producer, Canaan Inc. raised $90 million during its initial public offering (IPO).

Blockchain Favored by Andrew Yang, America’s 2020 Presidential Hopeful

Blockchain Favored by Andrew Yang, America’s 2020 Presidential Hopeful

Andrew Yang, one of the US Presidential election's hopeful, has asserted that blockchain should be embraced in the voting system.

Texas Bitcoin Miners Agree to Reduce Power Usage

Texas Bitcoin Miners Agree to Reduce Power Usage

The crypto miners made the move after ERCOT suggested the need to reduce power consumption.

Prominent Crypto Businessman Moshe Hogeg Faces Serious Allegations Following Two-Year Investigation

Prominent Crypto Businessman Moshe Hogeg Faces Serious Allegations Following Two-Year Investigation

Israeli police have recommended charges against cryptocurrency entrepreneur Moshe Hogeg for fraud, theft, money laundering, and sex crimes. The investigation, which began in 2021, has involved 180 people, searches, and confiscation of evidence, money, and property. Hogeg has denied all allegations, and the verdict could have significant implications for the cryptocurrency industry.

SEC Chair Gensler Seeks More Funding for Regulatory Programs

SEC Chair Gensler Seeks More Funding for Regulatory Programs

The US Securities and Exchange Commission is seeking additional money to fund its programmes to facilitate initiatives and cover additional costs.

ADGM Launches Pioneering DLT Foundations Regime

ADGM Launches Pioneering DLT Foundations Regime

Abu Dhabi Global Market's Registration Authority has introduced the Distributed Ledger Technology Foundations Regulations 2023, a global legislative framework designed to facilitate token issuance, promote governance, and drive transparency in the crypto sector.

Bitcoin Back Above $50,000 As Senate Passes Biden's $1.9 Trillion Stimulus Package

Bitcoin Back Above $50,000 As Senate Passes Biden's $1.9 Trillion Stimulus Package

Bitcoin price is gradually growing after the US Congress passed the $1.9 Trillion stimulus package. BTC may see new price growths afterwards.

British Standards Institution Pioneers International AI Safety Guidelines for Sustainable Future

British Standards Institution Pioneers International AI Safety Guidelines for Sustainable Future

BSI's release of the first international AI safety guideline, BS ISO/IEC 42001, marks a significant step in standardizing the safe and ethical use of AI, reflecting global demand for robust AI governance.

Paxful to Boost Financial Inclusion with Its First Crypto Debit Card

Paxful to Boost Financial Inclusion with Its First Crypto Debit Card

Bitcoin trading platform Paxful announced that it will be adding a crypto debit card to its financial services.

HKUST Designs First Virtual Campus in the Metaverse

HKUST Designs First Virtual Campus in the Metaverse

Hong Kong University of Science and Technology (HKUST) announced its intention to establish the world's first physical-digital twin campuses in the Metaverse.

FTX Abandoned Discussions to Celsius Network Acquisition - Report

FTX Abandoned Discussions to Celsius Network Acquisition - Report

FTX rejected the deal to bail out or buy crypto lending firm Celsius. FTX decided to shut down the negotiations and walked away after it found out a "$2 billion hole" in Celsius’ balance sheet.

Web3 Security Infrastructure GoPlus Security Reaches Strategic Deal with Dtools

Web3 Security Infrastructure GoPlus Security Reaches Strategic Deal with Dtools

Web3 security startup GoPlus Security has partnered with Web3 ALL-IN-ONE tool Dtools to provide comprehensive security data support for its newly launched token security detection function.

Russian Cybercriminals Sanctioned by DoJ for Crypto Laundering Scam Generating More than $16.8M

Russian Cybercriminals Sanctioned by DoJ for Crypto Laundering Scam Generating More than $16.8M

TheDoJ has sanctioned two Russian nationals for their cybercrimes, where millions in cryptocurrency were accumulated through scamming and phishing schemes.

Court Approves Voyager Digital's Acquisition by Binance.US

Court Approves Voyager Digital's Acquisition by Binance.US

The US District Court rejected the government's appeal to halt Binance.US's acquisition of bankrupt brokerage company Voyager Digital. The court confirmed its prior approval of Voyager Digital's Chapter 11 bankruptcy plan, which involves selling assets to Binance.US to repay customers. The court also allowed Binance.US to issue repayment tokens to impacted Voyager customers, despite objections by the US Securities and Exchange Commission.

Celsius Network's Disclosure Statement Gets Court Approval

Celsius Network's Disclosure Statement Gets Court Approval

Celsius Network's Disclosure Statement approved by NY Bankruptcy Court. Fahrenheit, LLC selected as winning bidder in May 2023 auction. Voting on Chapter 11 Plan set for Sep 22, 2023.

Japan's JCBA Submits Initial Proposal for IEO Regulatory Reform to JVCEA

Japan's JCBA Submits Initial Proposal for IEO Regulatory Reform to JVCEA

JCBA submits an initial proposal for IEO regulatory reform to JVCEA, outlining four key agendas aimed at stabilizing the IEO market and enhancing user protection. The reform aims to make domestic IEOs more attractive than foreign exchanges.

Reactions to Genesis Global Trading's Bankruptcy

Reactions to Genesis Global Trading's Bankruptcy

New York crypto lender Genesis Global Trading filed for bankruptcy. Social media users weighed in. Some think bankruptcy attorneys will prosper and no one will be held responsible. Crypto lending was called "dumb" by others.

Celsius Unloads Over $125M in Ethereum, Stirs Crypto Market Speculation

Celsius Unloads Over $125M in Ethereum, Stirs Crypto Market Speculation

Celsius Network's transfer of over $125M in Ethereum to exchanges amid bankruptcy stirs speculation in the crypto market.

Lazarus Group Hacks for Crypto via LinkedIn Blockchain Job Posting

Lazarus Group Hacks for Crypto via LinkedIn Blockchain Job Posting

A hacking operation that is allegedly backed by North Korea has been reported to be targeting blockchain and cryptocurrency employees through LinkedIn.

Puerto Rico Police Say No Evidence of Foul Play in MakerDao Co-Founder’s Death

Puerto Rico Police Say No Evidence of Foul Play in MakerDao Co-Founder’s Death

On Friday, local district police in Puerto Rico announced the results of the investigation into the death of MakerDAO Co-Founder Nikolai Mushegian. The report said there is no evidence of criminal elements involved in the death.

Foundry Ranks as the 2nd Largest BTC Mining Pool Globally

Foundry Ranks as the 2nd Largest BTC Mining Pool Globally

Foundry, an American-based crypto mining pool has climbed up the rankings and is now the second-largest Bitcoin mining pool after AntPool.

Tron DAO to Purchase 1 billion USDT to Combat Short Sellers

Tron DAO to Purchase 1 billion USDT to Combat Short Sellers

The Tron Dao reserve is now set to purchase 1 billion USDT to combat short sellers and bring the stablecoin USDT back to its normal price.

Coinbase Custody Launches New International Institutional Grade Crypto Service to European Clients

Coinbase Custody Launches New International Institutional Grade Crypto Service to European Clients

With its operations based in Dublin, Ireland, Coinbase Custody launched its institutional-grade crypto asset storage service to clients in Europe. The cryptocurrency exchange launched Coinbase Custody in 2017 for institutional clients such as hedge funds and family offices. Its assets under management have over $7 billion in cryptocurrency assets, with its acquisition of Xapo’s institutional custody business in August 2019.

Iranian President Advocates for Cryptocurrency-Driven Muslim Nations

Iranian President Advocates for Cryptocurrency-Driven Muslim Nations

During the first round-table discussion at the Kuala Lumpur Summit 2019, Hassan Rouhani, Iran’s President, suggested that cryptocurrency ought to be integrated into Muslim nations to enhance trade between the nations.

Banks Are Increasingly Starting to Offer Cryptocurrency Services in 2020

Banks Are Increasingly Starting to Offer Cryptocurrency Services in 2020

Banks have increased their interest in cryptocurrencies. Many of them have decided to join the cryptocurrency market, either by offering investments in cryptocurrency or by exploiting the capabilities of blockchain technology, which is already used in various areas with financial services.

Digitization vs. Digitalization: FinFabrik CEO Explains Digitalization of Asset Investment in Private Markets

Digitization vs. Digitalization: FinFabrik CEO Explains Digitalization of Asset Investment in Private Markets

FinFabrik, a leading capital markets FinTech startup based in Hong Kong has recently launched a new Private Equity module on its proprietary DLT infrastructure that helps private markets institutions digitalize their operations. The platform named “CrossPool” rides on Corda Enterprise for transaction and contract management and Hyperledger Indy for identity management. With extensive experience in the financial industry and entrepreneurship, Alex Medana, the CEO of FinFabrik, talks about the core values of FinFabrik in the maturing DLT and FinTech industry and the firm’s digital assets issuance and investment platform CrossPool.

US Congressmen Ask Federal Reserve to Create National Digital Currency

US Congressmen Ask Federal Reserve to Create National Digital Currency

Two members of the United States House of Representatives Financial Services Committee recently asked the Federal Reserve if it has any plans to create a U.S. dollar digital currency.

US Government Offers $5 Million Reward for the Arrest of Venezuela’s Head of Petro Cryptocurrency

US Government Offers $5 Million Reward for the Arrest of Venezuela’s Head of Petro Cryptocurrency

US Immigration and Customs Enforcement (ICE) has added Venezuela’s head of Petro cryptocurrency agency, Joselit Ramirez, to its most wanted person’s list. The US government seeks to offer a $5 million reward for information leading to Ramirez’s arrest.

AI Image Editing: The Rise of Unified Concept Editing in Diffusion Models

AI Image Editing: The Rise of Unified Concept Editing in Diffusion Models

Exploring the groundbreaking advancements in AI with Unified Concept Editing in diffusion models, offering enhanced precision and control in image editing.

Indian Supreme Court Rejects Crypto Petition: Legislative Nature Emphasized

Indian Supreme Court Rejects Crypto Petition: Legislative Nature Emphasized

The Indian Supreme Court's decision not to accept a PIL for cryptocurrency regulation underscores the legislative nature of such regulations and the ongoing regulatory uncertainty in the crypto sector.

Bitcoin Price Surges Amid Stock Market Bull—But This Could All Collapse if China Repeats its 2015 Stock Market Bubble

Bitcoin Price Surges Amid Stock Market Bull—But This Could All Collapse if China Repeats its 2015 Stock Market Bubble

Bitcoin price saw a slight surge at the start of this week, while China’s stocks soared as no new local coronavirus cases were reported. US stocks also followed and saw an upward tick as investors focused on news related to the new COVID-19 vaccine and treatments.

Human Rights Foundation Chief Strategy Officer: Bitcoin Saves Lives, Increases Freedom and Gives Hope

Human Rights Foundation Chief Strategy Officer: Bitcoin Saves Lives, Increases Freedom and Gives Hope

Alex Gladstein, the CSO of the Human Rights Foundation blasted a reporter who called Bitcoin the “perfect Ponzi”, explaining that BTC crypto creates freedom and gives hope.

Mastercard's Dynamic Yield Launches AI-Driven Shopping Muse to Enhance Online Retail

Mastercard's Dynamic Yield Launches AI-Driven Shopping Muse to Enhance Online Retail

Mastercard's Dynamic Yield has introduced "Shopping Muse," an AI-driven personal retail assistant tool, enhancing its digital personalization and AI portfolio to provide personalized product recommendations and meet evolving retail industry demands.

DBS Bank Claims COVID-19 Accelerated Central Banks' Interest in Digital Currencies

DBS Bank Claims COVID-19 Accelerated Central Banks' Interest in Digital Currencies

DBS Bank has pointed out that the coronavirus pandemic has caused a “troubled and intrigued” dilemma for central banks around the world.

MIT Study Challenges AI Job Displacement Fears

MIT Study Challenges AI Job Displacement Fears

MIT's study reveals that human labor remains more cost-effective than AI in most job roles, especially in tasks requiring visual processing, challenging rapid AI-driven job displacement fears.

Chief Justice Roberts Calls for Caution with AI in Legal Field

Chief Justice Roberts Calls for Caution with AI in Legal Field

Chief Justice John Roberts advocates for legal caution in utilizing AI due to privacy and human judgment concerns, proposing rules for lawyers to verify the accuracy of AI-generated court papers.

Nearly 25% of Small Businesses in 9 Countries Intend to Roll Out Crypto Payment Option: Visa

Nearly 25% of Small Businesses in 9 Countries Intend to Roll Out Crypto Payment Option: Visa

Payment giant Visa conducts a study indicating that almost a quarter of small businesses spread across 9 nations intend to introduce the crypto payment option this year.

Reserve Bank of Australia Will Explore Wholesale CBDC with ConsenSys Ethereum POC

Reserve Bank of Australia Will Explore Wholesale CBDC with ConsenSys Ethereum POC

The Reserve Bank of Australia has partnered with leading Australian banks and ConsenSys Software to explore wholesale CBDCs and distributed ledger technology (DLT).

SEC Chair Gensler Faces Congressional Pressure Over EU Coordination and Lack of Transparency

SEC Chair Gensler Faces Congressional Pressure Over EU Coordination and Lack of Transparency

The House Committee on Oversight and Accountability has intensified scrutiny on SEC Chair Gary Gensler over the SEC's coordination with the EU on legislative matters and a perceived lack of transparency. The discord, highlighted in a letter dated October 12, 2023, follows a pattern of communication deadlock between the SEC and Congress, with implications on broader legislative and regulatory frameworks. The Committee expects more forthright engagement from the SEC by October 19, 2023, threatening compulsory processes for compliance.

ECB to Meet the Growing Demand for Digital Payments with a CBDC Digital Euro

ECB to Meet the Growing Demand for Digital Payments with a CBDC Digital Euro

President of the ECB Christine Lagarde broached the topic of CBDC issuance and why the bank was seriously considering the creation of a digital euro.

Jump Crypto Enters Confidential Phase in SEC vs. Terraform Labs Case

Jump Crypto Enters Confidential Phase in SEC vs. Terraform Labs Case

Jump Crypto has been granted access to confidential documents in the SEC vs. Terraform Labs case, allegedly implicating them in the TerraUSD devaluation and Terra's collapse.

Texas Securities Board Issues Emergency Cease and Desist Order to Abra and CEO, William Barhydt

Texas Securities Board Issues Emergency Cease and Desist Order to Abra and CEO, William Barhydt

The Texas State Securities Board has taken decisive action against Abra by issuing an Emergency Cease and Desist Order. The order, also directed at Abra's CEO, William (Bill) Barhydt, alleges securities fraud and misleading statements in connection with Abra's digital asset depository accounts.

PayPal Officially Confirms that It is Acquiring Crypto Custody Firm Curv

PayPal Officially Confirms that It is Acquiring Crypto Custody Firm Curv

PayPal Inc. has officially confirmed its plans to acquire the crypto startup company Curv.

President Trump Ends COVID-19 Stimulus Negotiations, Bitcoin Price Plummets

President Trump Ends COVID-19 Stimulus Negotiations, Bitcoin Price Plummets

Trump has decided to delay negotiations regarding a second coronavirus stimulus package until after the presidential elections, sending Bitcoin's price down.

Ripple CEO Says DOJ Report Offers No Regulatory Clarity, XRP Price Not Influenced

Ripple CEO Says DOJ Report Offers No Regulatory Clarity, XRP Price Not Influenced

The tightening regulations on cryptocurrency raise many concerns in the community, the DoJ’s new guidance around cryptocurrency enforcement has Ripple’s CEO concerned.

Just In: US PCE Price Index Rises, Exceeding Core Forecasts; Bitcoin and Crypto Markets Show Mixed Reactions

Just In: US PCE Price Index Rises, Exceeding Core Forecasts; Bitcoin and Crypto Markets Show Mixed Reactions

The U.S. PCE and Core PCE Price Index have both increased by 3.3% and 4.200004%, respectively, indicating persistent inflationary pressures. Cryptocurrency markets show moderate fluctuations, with meme coins showing resilience. Federal Reserve response will significantly impact economics.

BRICS Alliance Considers Creating New Currency

BRICS Alliance Considers Creating New Currency

The BRICS alliance, comprised of Brazil, Russia, India, China, and South Africa, is reportedly exploring the possibility of creating its own currency, according to a top Russian official. Alexander Babakov, State Duma Deputy Chairman, stated that the currency could be based on new monetary ties and could be secured by gold and other commodities. The move is seen as a way to distance the BRICS nations from US dollar hegemony and to promote their shared objectives.

Cardano Working With SA Blockchain Alliance to Free African Enterprise from Politically Entrenched Legacy Banking Systems

Cardano Working With SA Blockchain Alliance to Free African Enterprise from Politically Entrenched Legacy Banking Systems

The Cardano Foundation has partnered with the South African National Blockchain Alliance (SANBA) in a bid to expand blockchain adoption and bring financial inclusion to the country of 59 million.

How US’s New Infrastructure Bill Could Choke the Crypto Market?

How US’s New Infrastructure Bill Could Choke the Crypto Market?

Crypto experts have speculated the US’s new infrastructure bill might impact investors already investing in cryptocurrencies like Bitcoin in the nation.

KYC on Exchanges Powerless Against PlusToken Ponzi Scammers According to New Report

KYC on Exchanges Powerless Against PlusToken Ponzi Scammers According to New Report

The PlusToken Ponzi scheme operators are using regulated KYC compliant exchanges to dump their cryptocurrency according to an updated report by investigative firm OXT Research.

Oman Government Buys Equity Stake In U.S Bitcoin Miner Crusoe

Oman Government Buys Equity Stake In U.S Bitcoin Miner Crusoe

Oman Investment Authority increased investments in the U.S. firm as part of efforts to solve glaring concerns in the country.

OPNX to Launch FatManTerra Justice Token, Airdropping to LUNC and LUNA Holders

OPNX to Launch FatManTerra Justice Token, Airdropping to LUNC and LUNA Holders

OPNX has announced the imminent launch of the FatManTerra Justice Token. This move comes in response to the commencement of legal proceedings against FatManTerra by several parties.

Russian Sberbank Conducts First Digital Asset Trade on its Blockchain Platform

Russian Sberbank Conducts First Digital Asset Trade on its Blockchain Platform

Sberbank expects digital assets trading to be rolled out to the bank’s customers later this year.

Tether Tokens (USDt) Community and Utility Pushes Market Cap Over $20 Billion

Tether Tokens (USDt) Community and Utility Pushes Market Cap Over $20 Billion

Tether.to, the blockchain-enabled platform that powers the largest stablecoin by market capitalization, has surpassed US$20 billion, driven purely by community and utility.

USDC on Crypto Exchanges Spike as Tether (USDT) Dominance Falters - What This Means

USDC on Crypto Exchanges Spike as Tether (USDT) Dominance Falters - What This Means

According to an assessment from Glassnode, the amount of stablecoins being deposited on exchanges is an indication that things are turning bullish for Bitcoin.

Circle Launches Circle Research with Perimeter Protocol

Circle Launches Circle Research with Perimeter Protocol

Circle launches 'Circle Research' to further technical innovation in crypto, blockchain, and Web3 through open-source research. The initiative's first contribution, Perimeter Protocol, sets a new standard for building on-chain credit markets. Circle releases the Perimeter white paper and public GitHub Repo to advance open protocol transacting with a focus on credit, catering to a wide range of credit scenarios.

US Dollar as the World’s Reserve Currency Unlikely to be Diminished, Bitcoin Likely to Suffer

US Dollar as the World’s Reserve Currency Unlikely to be Diminished, Bitcoin Likely to Suffer

Analysts believe the US dollar's role as the world’s reserve currency is unlikely to be diminished, which may not be the best outlook for Bitcoin (BTC).

Binance Launches Tax Reporting Tool to Help Users Comply with Local regulations

Binance Launches Tax Reporting Tool to Help Users Comply with Local regulations

Binance Tax is offered to Binance.com customers in France and Canada, with more territories to come.

April 27: Not Out of the Woods Yet

April 27: Not Out of the Woods Yet

How do we trade? Stick to the same plan as last Friday, buy BTC around $6,800 to $7,200 region and stay on the sidelines.

What are the Top 5 Blockchain Market Events to Watch in Q2 2020?

What are the Top 5 Blockchain Market Events to Watch in Q2 2020?

Looking ahead to Q2 2020, what are the top 5 blockchain market events to watch? This article provides a simple guide for you!

US Supreme Court Steps In On Coinbase Customer Contract Dispute

US Supreme Court Steps In On Coinbase Customer Contract Dispute

The US Supreme Court is set to decide on a contract dispute between Coinbase and its customers, potentially impacting user agreement drafting and enforcement in the digital currency trading sector.

Exciting AI Efficiency: Blending Smaller Models Surpasses Large Counterparts

Exciting AI Efficiency: Blending Smaller Models Surpasses Large Counterparts

A new study introduces "Blending" - combining smaller AI models to match or surpass larger counterparts like ChatGPT, showcasing enhanced efficiency and user engagement.

STEPN Integrates Apple Music into Web3 App

STEPN Integrates Apple Music into Web3 App

Apple and STEPN have collaborated to integrate Apple Music into the STEPN app, marking a second milestone following the Apple Pay integration. This move signifies the growing acceptance of Web3 apps and a step towards bridging the Web2 and Web3 divide, enhancing user experience, and signaling future collaborations between traditional and decentralized tech platforms.

AI Chatbots Set to Revolutionize Fast-Food Industry

AI Chatbots Set to Revolutionize Fast-Food Industry

Wendy's and other fast-food chains are partnering with tech companies to develop AI chatbots that use natural language processing to take drive-thru orders. This technology has the potential to significantly improve customer experience and streamline operations in the fast-food industry.

Bitcoin and Anonymous Tokens Used in Illicit Child Porn Activities—Crackdown by Spanish Authorities

Bitcoin and Anonymous Tokens Used in Illicit Child Porn Activities—Crackdown by Spanish Authorities

According to a recent report by Guardia Civil, Spanish authorities arrested several individuals involved in illicit crypto-driven child porn activities. Within the Kiru criminal operation ring, a man was detained for abusing his stepdaughter and using her to generate content for an illegal child porn website. Digital payouts were then made to an offshore account.

Walmart Files Patent Application for Blockchain-Based Drone Communications

Walmart Files Patent Application for Blockchain-Based Drone Communications

The American commerce giant Walmart filed for a patent application for a drone communication system entitled “Cloning Drones Using Blockchain” in January 2019. The United States Patent and Trademark Office published the patent on August 1.

Reversing Censorship on Ethereum

Reversing Censorship on Ethereum

Ethereum presently has 47% OFAC-compliant blocks, the lowest since Oct 11.

SEC Charges FTX Auditor Prager Metis Over Independence Violations

SEC Charges FTX Auditor Prager Metis Over Independence Violations

The SEC has charged Prager Metis with violations of auditor independence laws, drawing attention due to its previous engagement with cryptocurrency exchange FTX, which filed for bankruptcy in 2022. The legal action emphasizes the crucial role of auditor independence in ensuring financial transparency and investor protection.

How Blockchain Can Help with Vaccine Development Amid Coronavirus Pandemic

How Blockchain Can Help with Vaccine Development Amid Coronavirus Pandemic

The need of the hour to combat the pandemic is a potent vaccine which needs to be available in a short span of time, yet developed by following rigorous regulatory procedures and in a trustworthy manner. How can technologies like Blockchain help in such an accelerated vaccine development process?

Is USDC’s Value Posed to Surpass that of USDT This Year?

Is USDC’s Value Posed to Surpass that of USDT This Year?

As the stablecoin arena gains steam, the supremacy battle between Tether (USDT) and USD Coin (USDC) continues to rage on.

DOJ Extradites Bitcoin Thief From Cyprus Along With Hezbollah Terrorist

DOJ Extradites Bitcoin Thief From Cyprus Along With Hezbollah Terrorist

The US Department of Justice has extradited two criminals from Cyprus—one with known connections to terrorism and the other on suspicion of stealing thousands in Bitcoin.

WEF Proposes Interoperable Stablecoins as Building Blocks for a Sustainable Global Economy

WEF Proposes Interoperable Stablecoins as Building Blocks for a Sustainable Global Economy

Stablecoins and the technology underlying them will be the building blocks of a more sustainable, inclusive and resilient global financial system according to the World Economic Forum (WEF).

Blockchain Investment Dropped 60% in 2019 despite Bitcoin's Bullish Run

Blockchain Investment Dropped 60% in 2019 despite Bitcoin's Bullish Run

Blockchain investment dropped 60% from a record 4.1 billion in 2018 to 1.6 billion this year, according to the findings of CB Insights reported on Bloomberg 18 July.

Exclusive: How Significant is Consensus As-a-service Model?

Exclusive: How Significant is Consensus As-a-service Model?

While Amazon and Microsoft launched Blockchain as-a-service (BaaS) platform in 1H 2019, Hedera Hashgraph collaborated with IBM to launch consensus as-a-service model! Is this the next upcoming tech trend for giants to follow?

10% of Ethereum Supply Staked in ETH 2.0 in Anticipation of The Merge

10% of Ethereum Supply Staked in ETH 2.0 in Anticipation of The Merge

Ethereum 2.0, which was recently renamed the consensus layer, continues to gain steam because 12,059,714 ETH has been staked in this deposit contract.

SBF Denies Insolvency Rumours of FTX, FTT Token Slumps Over 6% during Intraday

SBF Denies Insolvency Rumours of FTX, FTT Token Slumps Over 6% during Intraday

FTX CEO Sam Bankman-Fried retreated his crypto exchange and assets are fine, trying to boost confidence to his investors, as speculation mounted over the weekend about the solvency of the exchange.

IDAX Freezes Cold Wallet Transactions Following CEO Disappearance

IDAX Freezes Cold Wallet Transactions Following CEO Disappearance

Something fishy might be happening as the IDAX cryptocurrency exchange’s CEO goes missing and its users are advised to halt using the exchange’s services.

Tim Draper's Venture Studio Launches New WordPress Plugin for Anyone to Host a Cryptocurrency Exchange

Tim Draper's Venture Studio Launches New WordPress Plugin for Anyone to Host a Cryptocurrency Exchange

Tim Draper’s venture studio has launched a new WordPress plugin, which makes it possible for anyone to create a cryptocurrency exchange on a WordPress-based website. Established in 2018, Goren Holm Ventures is an incubator/accelerator firm based in Santa Monica, California. A well-known investor and venture capitalist, Tim Draper, partnered with Goren Holm Ventures in 2019 and later rebranded it as Draper Goren Holm. The firm focuses on incubating and accelerating blockchain and crypto startups.

TrueUSD Partners with Alchemy Pay to Facilitate Direct Crypto Purchases in 173 Countries

TrueUSD Partners with Alchemy Pay to Facilitate Direct Crypto Purchases in 173 Countries

Alchemy Pay partners with TrueUSD to enable direct crypto purchases via fiat in 173 countries, enhancing accessibility and transparency in the crypto industry.

State Street Partners with Copper.co to Offer Crypto Custody Services to Customers

State Street Partners with Copper.co to Offer Crypto Custody Services to Customers

The partnership will continue to help State Street bank to provide digital and crypto asset services for its clients.

How Bitcoin Donations Supported the Noble Cause of Taming Australian Bushfires

How Bitcoin Donations Supported the Noble Cause of Taming Australian Bushfires

The harm caused by the Australian bushfires necessitated immediate response, and the Crypto Fire Alliance, a group of Australian and international blockchain and cryptocurrency businesses, stepped in to curb the situation through philanthropy.

CoinDesk Under Fire for Retracting Articles on Justin Sun and Chainalysis

CoinDesk Under Fire for Retracting Articles on Justin Sun and Chainalysis

CoinDesk, a prominent cryptocurrency news source, has been accused of retracting articles criticizing industry players, raising concerns about its commitment to balanced reporting and editorial integrity, highlighting the need for objective reporting.

UAE's YallaMarket Now Accepts Crypto Payments

UAE's YallaMarket Now Accepts Crypto Payments

YallaMarket, a grocery delivery startup in the United Arab Emirates, has announced it has started accepting crypto payments for its services.

US Treasury Imposes Sanctions on Iranian-Linked Ransomware Gang

US Treasury Imposes Sanctions on Iranian-Linked Ransomware Gang

The United States Treasury Department through the Office of Foreign Asset Control (OFAC) has updated its sanctions list with new targets focusing on ransomware gangs affiliated with the Iranian military.

Binance Scores Big Win as Newly Licensed Exchange in Italy

Binance Scores Big Win as Newly Licensed Exchange in Italy

Binance cryptocurrency exchange has just scored a big win as its Italian offshoot, dubbed Binance Italy, has received approval to operate in the country by the Organismo Agenti e Mediatori (OAM).

Russian Blanket Crypto Ban May now be Limited to PoW Mining Activities

Russian Blanket Crypto Ban May now be Limited to PoW Mining Activities

New reports emerging out of Russia now suggest that the Central Bank of Russia (CBR) is looking to amend its proposed plans to enact a blanket bank on digital currencies

Irish MEP Calls for Tightened Rules on Crypto Assets

Irish MEP Calls for Tightened Rules on Crypto Assets

Irish MEP Chris MacManus has submitted a proposal to the EU per crypto regulation

Hacker Steals $1.1m Worth Crypto from Music Streaming Protocol Audius

Hacker Steals $1.1m Worth Crypto from Music Streaming Protocol Audius

Audius decentralised music streaming protocol in a tweet acknowledged the hacking incident. It said $6 million worth of AUDIO tokens were stolen. At least $1.1 million worth of the coins were sold.

Gemini Co-Founder Winklevoss Thinks BTC Is Set For Its Next Bull Run, With the Fed's Money Printing

Gemini Co-Founder Winklevoss Thinks BTC Is Set For Its Next Bull Run, With the Fed's Money Printing

Co-founder and CEO of Gemini crypto exchange Tyler Winklevoss thinks that the US Federal Reserve’s economic stimulus strategy would positively impact Bitcoin and its pricing on the crypto market.

VARA Issues New Guidelines for Virtual Asset Service Providers in Dubai

VARA Issues New Guidelines for Virtual Asset Service Providers in Dubai

VARA's "Full Market Product Regulations" comprise four mandatory and activity-specific rulebooks for running VASPs.

Coinsfera Enables Users to Trade USDT in UAE through OTC

Coinsfera Enables Users to Trade USDT in UAE through OTC

Coinsfera, the global OTC digital asset trading platform, announced that it enables users to trade stablecoin USDT in Dubai.

White House Top Tech Adviser Holds Millions in Bitcoin

White House Top Tech Adviser Holds Millions in Bitcoin

Timothy Wu, a top technology and competition policy adviser for the White House, is identified to be a bitcoin millionaire. Politico featured the tech adviser for the Biden administration and quoted his personal financial disclosure.

Ethereum Team Leader Critiques University's Apathy Towards Crypto Education

Ethereum Team Leader Critiques University's Apathy Towards Crypto Education

Ethereum head, Péter Szilágyi, expressed frustration over his alma mater's lack of interest in blockchain technology, contrasting with global demand for blockchain education driven by major corporations and student interests.

Celsius Network Announces Court Approval of Reorganization Plan

Celsius Network Announces Court Approval of Reorganization Plan

Celsius Network has received court approval for its Plan of Reorganization, which aims to transform the company into a creditor-owned bitcoin mining firm, with over 95% creditor support, and aim for a 2024 Chapter 11 emergence.

Elon Musk: Lightning Network Needed to Fix Scalability Problem in Bitcoin Network

Elon Musk: Lightning Network Needed to Fix Scalability Problem in Bitcoin Network

Elon Musk urges that layer-2 payments Lightning Network is essential to offer the required bandwidth for Bitcoin transactions to solve its scalability problem.

Australian CBDC Pilot Test to Commence Next Year - RBA

Australian CBDC Pilot Test to Commence Next Year - RBA

The Reserve Bank of Australia (RBA) has published a Whitepaper to give additional insights into its proposed Central Bank Digital Currency, dubbed the eAUD.

DeFi Bubble Burst: SushiSwap and Uniswap Lead the DEX Token Crash, Reaching New Lows

DeFi Bubble Burst: SushiSwap and Uniswap Lead the DEX Token Crash, Reaching New Lows

Uniswap's UNI token reached a new low at $2.478 today, dropping by 83.48% from $15 of a record high on Sept. 17, the first day it launched.

PwC Report: Asian Institutional Investors Opt for Third-Party Custody Solutions for Digital Assets

PwC Report: Asian Institutional Investors Opt for Third-Party Custody Solutions for Digital Assets

A joint report by Aspen Digital and PwC titled "State of Digital Asset Custody - Understanding and implementing digital asset custody for institutional investors" reveals a rising demand for institutional-grade digital asset custody solutions among family offices, high-net-worth individuals (HNWIs), and external asset managers (EAMs) in Asia.

Australian Business Icon Dick Smith Threatens The Guardian With Lawsuit Over Bitcoin Scam Ads

Australian Business Icon Dick Smith Threatens The Guardian With Lawsuit Over Bitcoin Scam Ads

Australian entrepreneur Dick Smith is threatening The Guardian with legal action after it hosted ads linked to fake news of Smith supporting a Bitcoin and crypto scam.

Circle to Introduce Euro Coin and Cross-Chain Transfer Protocol to Solana in Early 2023

Circle to Introduce Euro Coin and Cross-Chain Transfer Protocol to Solana in Early 2023

USD coin issuer and digital financial technology firm, Circle, is now set to expand its Euro Coin and its cross-chain transfer protocol to the Solana ecosystem in the first half of 2023.

House Stablecoin Bill to Seek Two-year Ban on Issuing New Algorithmic Stablecoins

House Stablecoin Bill to Seek Two-year Ban on Issuing New Algorithmic Stablecoins

U.S. House of Representatives is drafting a new bill to impose a two-year ban on issuing new algorithmic stablecoins similar to TerraUSD (UST), according to Bloomberg.

US SEC Charges “Bitcoiin2Gen” Executives with Defrauding Investors In $11.4 Million Crypto Scheme

US SEC Charges “Bitcoiin2Gen” Executives with Defrauding Investors In $11.4 Million Crypto Scheme

Bitcoiin2Gen executives have been charged by the US SEC for allegedly securing millions from investors based on a crypto ICO scam shilled by Steven Seagal.

"Buckle Up" For Bitcoin's Next Bull Run, Cameron Winklevoss Says

"Buckle Up" For Bitcoin's Next Bull Run, Cameron Winklevoss Says

Gemini co-founder Cameron Winklevoss believes that the next Bitcoin bull run coming up will be "dramatically different,” due to the innovative financial resources that crypto investors have access to nowadays and to the current economic infrastructure.

Russian National Extradited to the U.S. to Face Crypto Money Laundering Charges

Russian National Extradited to the U.S. to Face Crypto Money Laundering Charges

Alexander Vinnik, a Russian national accused of running an illegal crypto exchange BTC-e was extradited to the United States to face fraud charges.

In Blockchain We Trust? New Paths to Religious Consensus

In Blockchain We Trust? New Paths to Religious Consensus

Religion, technology, blockchain, and AI. Deep, far-reaching concepts come together in mysterious and fascinating ways to form the basis of new religious and faith movements.

Chinese Bank Issues the First Asset-Backed Commercial Paper in China on Blockchain

Chinese Bank Issues the First Asset-Backed Commercial Paper in China on Blockchain

China Zheshang Bank, based in Zhejiang province has leveraged blockchain technology to issue the country’s first asset-backed commercial paper in the Chinese financial market. China Zheshang Bank successfully issued the “Lianxin 2020 Lianjie First Phase Asset-backed Commercial Paper,” which was worth 120 billion yuan ($16.93 billion). The asset-backed commercial paper (ABCP) was issued as a part of the National Association of Financial Market Institutional Investors’ (NAFMII) pilot project. ABCPs are short-term investments issued by financial institutions to support companies in their short-term goals.

Electroneum CEO Richard Ells: How ETN Mass Adoption is Empowering the Unbanked

Electroneum CEO Richard Ells: How ETN Mass Adoption is Empowering the Unbanked

Electroneum is a mobile cryptocurrency that is making serious strides with mass adoption and real-world use in developing nations.

BlockFi Will Submit Assets And Liabilities For Bankruptcy On January 11

BlockFi Will Submit Assets And Liabilities For Bankruptcy On January 11

BlockFi will show assets, obligations, and pre-bankruptcy payments. After its first bankruptcy hearing in November, the business contacted 106 buyers. The U.S. Department of Justice confiscated over 55 million Robinhood shares worth $450 million. BlockFi claimed shares.

Federal Reserve's 2024 Interest Rate Pause: A Boost for Cryptocurrencies and Stocks

Federal Reserve's 2024 Interest Rate Pause: A Boost for Cryptocurrencies and Stocks

The US Federal Reserve's decision to pause interest rates in 2024 signals a positive shift for cryptocurrencies and stocks, with significant gains in the market and a rally in the S&P 500.

National Australia Bank to Launch Ethereum-Based Stablecoin

National Australia Bank to Launch Ethereum-Based Stablecoin

NAB will introduce an Ether-based Australian dollar-pegged stablecoin. Reports say the AUDN stablecoin streamlines cross-border transfers and carbon credit trading.

Russian Intelligence are Hiding Embezzler and Former Wirecard COO in Belarus

Russian Intelligence are Hiding Embezzler and Former Wirecard COO in Belarus

Jan Marsalek promptly disappeared shortly after undertaking an investigation for the Wirecard missing funds - which he claimed would clear him of any wrongdoing. However, new evidence suggests that he never made it to the Philippines at all, but has been in hiding with the help of the FSB, a Russian intelligence agency.

Web3 Music Platform Coop Records Raises $10 Million

Web3 Music Platform Coop Records Raises $10 Million

Coop Records, a Web3 music-focused platform founded by NFT song collector Cooper Turley, has raised $10 million, according to Billboard.

Examiner: Celsius' accounting and operational controls were 'insufficient'

Examiner: Celsius' accounting and operational controls were 'insufficient'

The independent examiner in Celsius' bankruptcy case has alleged that the company failed to set up "sufficient" accounting and operational controls in its handling of customer funds. The interim report shed light on what ultimately forced the lending platform to halt withdrawals on June 12. Celsius, founded in 2017 by Alex Mashinsky and Daniel Leon, didn't start tracking its balance sheet until after confrontation with regulators in May.

Circle Plans to Cover USDC Shortfall After SVB Shutdown

Circle Plans to Cover USDC Shortfall After SVB Shutdown

Circle, the issuer of the stablecoin USD Coin (USDC), has announced that it will use corporate resources to cover the shortfall on its reserves after Silicon Valley Bank (SVB) was shut down by the California Department of Financial Protection and Innovation. USDC liquidity operations will resume as normal when banks open on Monday, enabling redemption at 1:1 with the US dollar. The stablecoin lost its $1 peg on March 11, trading as low as $0.87, due to the disclosure of $3.3 billion of Circle's reserve held at SVB.

Why Energy Experts are Watching the Crypto Market Closely

Why Energy Experts are Watching the Crypto Market Closely

Words like Bitcoin and Oil Market seem to have no correlation between them. However, given the kind of small world we are living in, there's more than meets the eye. Check out this article which explains the perfect correlation between Bitcoin and Oil Market and why energy experts are keeping a close watch on the crypto market.

Midjourney V6 Alpha Unveils Major Enhancements: A Leap in AI-Driven Image Generation

Midjourney V6 Alpha Unveils Major Enhancements: A Leap in AI-Driven Image Generation

Midjourney's V6 alpha update, a significant advancement in AI-driven image generation, offers enhanced prompt interpretation, smarter generation, remixing, improved upscaling, and additional image manipulation options. Despite mixed user reactions, the update's detailed, realistic outputs have garnered praise.

Bain Capital Ventures Unveils $560 Million Crypto Fund for Blockchain-Focused Tech Startups

Bain Capital Ventures Unveils $560 Million Crypto Fund for Blockchain-Focused Tech Startups

Bain Capital Ventures’ crypto fund is designed to accelerate the growth of the crypto economy by backing firms and projects that serve users’ needs.

Fusion Hacked? CEO Says That 10M FSN Tokens are Gone

Fusion Hacked? CEO Says That 10M FSN Tokens are Gone

The blockchain-based financial platform, Fusion Network has announced a compromised wallet on Sept. 28. The Fusion swap wallet compromise resulted in a theft of 10 million native FSN tokens.

Can Blockchain Strengthen the Internet of Things (IoT)?

Can Blockchain Strengthen the Internet of Things (IoT)?

IoT and Blockchain are two disruptive technologies leveraged for numerous technological innovations across multiple industries, but how do they complement each other?

MIT Sees Ethereum’s PoS as Game Changing Tech

MIT Sees Ethereum’s PoS as Game Changing Tech

The Massachusetts Institute of Technology (MIT) views Ethereum’s proof of stake (PoS) consensus mechanism as a game-changer that will prompt the adoption of energy-saving technology.

MakerDAO Increases US Treasury Bond Holdings by 150%

MakerDAO Increases US Treasury Bond Holdings by 150%

MakerDAO passed a proposal to increase its US Treasury bond holdings by 150% to $1.25 billion. The move aims to diversify its liquid assets and boost revenue stream through a net annualized yield of 4.6% to 4.5%. The bonds will be purchased with equal maturities over a six-month period.

Indian Crypto Exchanges Seek Clarity on Legal Status and Taxability from the Reserve Bank of India

Indian Crypto Exchanges Seek Clarity on Legal Status and Taxability from the Reserve Bank of India

Crypto exchanges and companies in India are still seeking regulatory clarity and tax status from the Reserve Bank of India following a Supreme Court ruling in favor of the crypto industry earlier this year. India’s Supreme Court reversed the ban placed by the central bank on financial institutions offering crypto-related banking services. It is two months after lifting the ban, crypto exchanges and firms are now seeking clarification regarding the nature of their operations.

Russian Finance Ministry Believes Crypto Should be Regulated not Banned

Russian Finance Ministry Believes Crypto Should be Regulated not Banned

The Ministry of Finance in Russia believes that the ban on crypto-assets should be shelved. Proper regulations would provide both transparency and protection to citizens.

Elon Musk Confirms Russian Bitcoin Ransomware Attack Targeting Tesla, FBI to the Rescue

Elon Musk Confirms Russian Bitcoin Ransomware Attack Targeting Tesla, FBI to the Rescue

Elon Musk confirmed that Tesla was recently targeted in a ransomware attack set to extort $1 million in Bitcoin from the car manufacturing giant.

US Files Lawsuit to Recover Cryptocurrency Accounts Linked to North Korean Hacking Operation

US Files Lawsuit to Recover Cryptocurrency Accounts Linked to North Korean Hacking Operation

The US Department of Justice has filed a suit against North Korean state-sponsored cyber hackers for allegedly perpetrating two major cryptocurrency heists.

Kraken Fights IRS Over Customer Information

Kraken Fights IRS Over Customer Information

Kraken is contesting the United States Internal Revenue Service's demand for critical exchange user information, citing it as an "unjustified treasure hunt." Kraken has requested federal court intervention, pointing out that the IRS has gone "far beyond" its intrusive summons. The fight against IRS is Kraken's response to the agency's February summons, which demanded additional user information to identify Kraken accounts that did at least $20,000 of cryptocurrency trading in any single year between 2016 and 2020.

Shapella Upgrade, Privacy Concerns, Hacks, and Financial Inclusion

Shapella Upgrade, Privacy Concerns, Hacks, and Financial Inclusion

The DeFi space had a busy week with the successful completion of the Shapella upgrade on Ethereum, concerns over privacy related to staking, a major DeFi hack, and a partnership between Fonbnk and Tanda to increase financial inclusion in Africa. The top 100 DeFi tokens had a bullish week, and Glassnode predicted only a small percentage of staked ETH would be withdrawn.

Musk Asks McDonald's to Take Dogecoin as Payment

Musk Asks McDonald's to Take Dogecoin as Payment

Elon Musk tweeted, saying that he will eat a happy meal on television if McDonald's accepts Dogecoin.

Universal Music Group Calls for AI Music Copyright Protection

Universal Music Group Calls for AI Music Copyright Protection

Universal Music Group has called for streaming services to block AI services from harvesting melodies and lyrics from copyrighted songs. AI-generated music on Twitter, YouTube, and popular streaming platforms, such as Spotify and Apple Music, has raised concerns about intellectual property rights.

Gazprombank suggests banks be given more time to adjust to digital

Gazprombank suggests banks be given more time to adjust to digital

Gazprom, a Russian state-owned company, suggested allowing banks extra time to deploy the "digital ruble."

$1 Million in USDT Refunded After DeFi Mistake

$1 Million in USDT Refunded After DeFi Mistake

Tether CTO Paolo Ardoino announced last Friday, that a group of Chinese traders had mistakenly sent their funds to Swerve, a clone of Curve Finance.

Ukrainian Retailer VARUS Partners with Binance Pay to Launch Crypto Payments

Ukrainian Retailer VARUS Partners with Binance Pay to Launch Crypto Payments

On September 16, Binance announced on its official Twitter that it has cooperated with Ukrainian food chain retailer VARUS to launch cryptocurrency payments.

Twitter Nearly Close a deal selling to Elon Musk, Will Memecoins Soar?

Twitter Nearly Close a deal selling to Elon Musk, Will Memecoins Soar?

Negotiations between Elon Musk, the CEO of Tesla Inc., and Twitter’s eleven-member board were in high gear on April 25. Musk eyes purchasing the social media giant and making it private.

Bitcoin Price and Altcoins Spike On News of President Trump’s Recovery Against COVID-19

Bitcoin Price and Altcoins Spike On News of President Trump’s Recovery Against COVID-19

Bitcoin and altcoins have enjoyed a brief price surge on the back of news that President Trump could be discharged from hospital after his bout with COVID-19.

Celsius Network Coin Report Shows Latetst Net Liabilities Over $2.8 Billion

Celsius Network Coin Report Shows Latetst Net Liabilities Over $2.8 Billion

Embattled crypto lending platform Celsius Network's latest coin report shows the company owing a total of $6.7 billion of token liabilities against just $3.8 billion in assets as of July 29.

SEC Charges Rapper T.I. for Role in Alleged Fraudulent ICOs

SEC Charges Rapper T.I. for Role in Alleged Fraudulent ICOs

The SEC filed a complaint against T.I and four other individuals for selling unregistered and fraudulent cryptocurrency securities for two firms.

Major US Hospitals Test Blockchain Platform to Streamline Operations

Major US Hospitals Test Blockchain Platform to Streamline Operations

University Hospitals, an American doctors’ network and medical delivery organization has partnered with Axuall, a verification company, to explore blockchain technology in an extensive, nation-wide, medical-related project. As Crains Cleveland reported, the effort will research blockchain technology and its deployment in mechanisms affecting timely healthcare delivery to patients, specifically the creation of workflows and dispatch times. The joint project hopes to reduce the time it takes to connect qualified medical personnel with the growing demand from patients.

Web2 and Web3 tools are merging as crypto-backed debit cards

Web2 and Web3 tools are merging as crypto-backed debit cards

The Bit2Me card supports eight cryptocurrencies, including BTC, ETH, ADA, and SOL, with more anticipated later this year.

Preventing Future Hacks: Twitter Improves Security Ahead of US Elections

Preventing Future Hacks: Twitter Improves Security Ahead of US Elections

Social media giant, Twitter has revamped its security measures for high profile accounts ahead of the U.S. November Presidential Elections.

Apple Demands that Telegram Block Channels Officiated by Belarus Protestors

Apple Demands that Telegram Block Channels Officiated by Belarus Protestors

Apple tech giant has told cloud-based messaging service Telegram to shut down three channels related to the Belarus political protests.

Coinbase to Release Q4 Results, Crypto Winter Expected to Cause amid Ukraine- Russia War

Coinbase to Release Q4 Results, Crypto Winter Expected to Cause amid Ukraine- Russia War

Coinbase, the largest cryptocurrency exchange in the United States, announced that it will release its fourth-quarter earnings report on February 24, 2022, EST. Wall Street analysts expect a brief winter in the cryptocurrency market due to the Crisis in Russia and Ukraine.

LidoDAO is considering selling or staking its $30 million

LidoDAO is considering selling or staking its $30 million

LidoDAO, the decentralized autonomous organization behind Lido, is considering staking or selling its $30 million ETH treasury to meet unexpected market swings.

Goldman Sachs Recommends Shorting the Dollar, Increasing the Odds of a Bitcoin Bull Run

Goldman Sachs Recommends Shorting the Dollar, Increasing the Odds of a Bitcoin Bull Run

Goldman Sachs believes that the risks arising from vaccine trials and the uncertainty of the US election could weaken the dollar. What about Bitcoin?

HK-Based Hex Trust Raises $88m in Funds, Valuation Touches $300m

HK-Based Hex Trust Raises $88m in Funds, Valuation Touches $300m

Hong Kong-based Hex Trust raised $88 million in Series B funding led by Animoca Brands and Liberty City Ventures, following which, it saw its valuation rise to $300 million.

Tether Q2 2023: $72.5 Billion in US Treasuries Exposure with Profits Over $1 Billion

Tether Q2 2023: $72.5 Billion in US Treasuries Exposure with Profits Over $1 Billion

Tether's Q2 2023 report reveals $72.5B in US Treasuries exposure and profits over $1B, affirming financial stability.

CEO of Composable Finance Vigorously Refutes Allegations

CEO of Composable Finance Vigorously Refutes Allegations

Composable Finance CEO Omar Zaki denies Karel Kubat's claims that his business violated SEC cease-and-desist orders.

US CFTC Charges New York Crypto Trader with Fraud Involving Digital Asset Ponzi Scheme

US CFTC Charges New York Crypto Trader with Fraud Involving Digital Asset Ponzi Scheme

A New York native has been charged with fraud for allegedly scamming $5 million from more than 175 investors using a crypto Ponzi scheme.

Aussie Baseball Team Perth Heat to Start Paying Players and Staff in Bitcoin

Aussie Baseball Team Perth Heat to Start Paying Players and Staff in Bitcoin

Australian baseball team Perth Heat is incorporating Bitcoin into its business practices and is making preparations to offer salaries in the cryptocurrency.

US SEC To Open New Office Dedicated to Crypto-Related Filings

US SEC To Open New Office Dedicated to Crypto-Related Filings

The new crypto offices, which are under the SEC’s Division of Corporation Finance, will be tasked with reviewing disclosures for publicly traded firms.

Celsius Mining Sells $1.3M Equipment

Celsius Mining Sells $1.3M Equipment

Celsius Network's mining division is selling $1.3 million in mining equipment. In July 2022, the firm went insolvent, locking up $4.7 billion in consumer deposits. Core Scientific closed over 37,000 Celsius-owned mining equipment in January.

Tron Foundation Launches its "Just NFT Fund"

Tron Foundation Launches its "Just NFT Fund"

The Tron Foundation has launched its" Just NFT Fund" to help bridge the gap between artists and the NFT metaverse.

Siacoin (SC), LEO Surge Over 14% as Starknet (STRK) Sinks 21% Among Top Cryptocurrency Movers

Siacoin (SC), LEO Surge Over 14% as Starknet (STRK) Sinks 21% Among Top Cryptocurrency Movers

Siacoin and UNUS SED LEO were among the top gainers over 24 hours, surging 14-15%. Starknet saw the biggest losses, plunging 22%. Ongoing volatility highlights an uncertain crypto market amid weak sentiment and volumes.

Investors Sell FTX, Celsius, BlockFi, Voyager

Investors Sell FTX, Celsius, BlockFi, Voyager

A number of investors who lost money as a result of the recent failures of FTX, Celsius, BlockFi, and Voyager Digital are considering transferring their claims to other parties. Nearly 10,000 claims were posted at the time this article was written, including 9,072 claims on Celsius Network, 93 claims on Voyager, 67 claims on FTX, and 23 claims on BlockFi. It has been alleged that former FTX CEO Sam Bankman-Fried has cashed out a total of $684,000 since he was released on bail.

The Reserve Bank of Australia Refuses to Join the CBDC Bandwagon

The Reserve Bank of Australia Refuses to Join the CBDC Bandwagon

The Reserve Bank of Australia (RBA) has refused to join the bandwagon with respect to the development and issuance of a Central Bank Digital Currency (CBDC).

Sam Altman Reinstated as OpenAI CEO Amid Board Restructuring

Sam Altman Reinstated as OpenAI CEO Amid Board Restructuring

Sam Altman returns as OpenAI's CEO, with a reconstituted board, after a brief ouster, underscoring his pivotal role in the AI industry.

John McAfee Found Dead in Prison After Spanish High Court Approves His Extradition to the US

John McAfee Found Dead in Prison After Spanish High Court Approves His Extradition to the US

John McAfee was found dead in prison jail, followed by his extradition to the US approved by the court.

Coin98 Debuts Decentralized App Store on NEAR's Blockchain Operating System

Coin98 Debuts Decentralized App Store on NEAR's Blockchain Operating System

Coin98 has launched a decentralized app store on NEAR's Blockchain Operating System, providing seamless access to top L2 and DeFi protocols for over 7 million users.

Fasset to Drive Financial Inclusion in Indonesia with Mastercard

Fasset to Drive Financial Inclusion in Indonesia with Mastercard

Digital assets-based fintech startup Fasset Technologies has partnered with payments giant Mastercard to drive financial inclusion in Indonesia.

Binance Confirms Equity Investment in Musk's Acquisition, Dogecoin Stimulated over Deal

Binance Confirms Equity Investment in Musk's Acquisition, Dogecoin Stimulated over Deal

The acquisition of Twitter by Elon Musk has finally been made. Binance confirmed the crypto exchange has invested as an equity investor in Elon Musk's $44 billion deal.

US Congress Examines Draft Stablecoin Bill While Facebook Will Not Launch Libra Until US Regulators Approve

US Congress Examines Draft Stablecoin Bill While Facebook Will Not Launch Libra Until US Regulators Approve

The United States Congress has been considering drafting a bill that argues that all managed stablecoins must be treated as investment contracts and hence are securities.

SEC Agrees to Delay Terraform Labs Trial, Awaiting Do Kwon's Extradition

SEC Agrees to Delay Terraform Labs Trial, Awaiting Do Kwon's Extradition

The SEC has postponed the trial of Terraform Labs and Do Kwon, pending Kwon's extradition to the US, for a $40 billion cryptocurrency fraud.

Private Cryptocurrencies May Soon Vanish From Russia

Private Cryptocurrencies May Soon Vanish From Russia

According to Russia's TASS news agency, Bank of Russia Deputy Governor Vladimir Chistyukhin signalled that private cryptocurrencies may soon go out of existence in the financial markets.

USL Footballer Alex Crognale Now Receives 15% of His Salary in Bitcoin

USL Footballer Alex Crognale Now Receives 15% of His Salary in Bitcoin

United Soccer League (USL) footballer, Alex Crognale now receives as much as 15% of his salary from his club, Birmingham Legion in Bitcoin (BTC).

Australia-based Zip Considers Adding Crypto Trading Options within a Year

Australia-based Zip Considers Adding Crypto Trading Options within a Year

Australia-leading digital retail finance and payments company Zip Co Ltd is considering adding cryptocurrency trading options for customers.

Fidelity Investments Unveils Plans to Expand Business by Hiring Crypto Savvy Staff

Fidelity Investments Unveils Plans to Expand Business by Hiring Crypto Savvy Staff

Fidelity Digital Assets, the cryptocurrency arm of Fidelity Investments, is set to onboard additional hands as it prepares for the growing demand in the digital assets ecosystem.

FTX Customer Claims Portal Update: How It Affects Derivative Positions and USD Balances

FTX Customer Claims Portal Update: How It Affects Derivative Positions and USD Balances

The recent updates to the FTX Customer Claims Portal aim to provide more clarity on derivative positions for customers. While these changes may affect the displayed USD balance, they do not impact the overall value of the claims. The valuation of derivative positions is based on FTX exchange pricing as of specific dates and times, with the final USD valuation to be determined later.

Elon Musk Thinks that Bitcoin and Ethereum Prices Are Too High after Cryptocurrencies Hit Record High

Elon Musk Thinks that Bitcoin and Ethereum Prices Are Too High after Cryptocurrencies Hit Record High

Billionaire Elon Musk has been heavily quoted in the cryptocurrency industry lately, as the Tesla CEO recently made it publicly known that he too, holds Bitcoin.

Ripple Co-Founder Hints Move From US Regulation: “Blockchain and Digital Currencies are not Welcome”

Ripple Co-Founder Hints Move From US Regulation: “Blockchain and Digital Currencies are not Welcome”

Ripple co-founder Chris Larsen is considering moving Ripple’s base from the United States due to crushing biased regulation.

Why Jack Ma's Ant Group IPO was Suspended by Authorities

Why Jack Ma's Ant Group IPO was Suspended by Authorities

On Nov 3, the Shanghai Stock Exchange of China published an announcement titled "Decision on postponing the listing of Ant Technology Group Co., Ltd. on the Sci-Tech innovation board".

Legalizing Crypto Payments Will Happen "Sooner or Later": Russia Trade Minister

Legalizing Crypto Payments Will Happen "Sooner or Later": Russia Trade Minister

In a recent revelation, Russia’s Minister of Industry and Trade Denis Manturov said the move to legalize cryptocurrencies as a means of payment in the country is bound to happen “sooner or later.”

Majority of China's Tech Startups Are Exploring Blockchain Technology, Report Reveals

Majority of China's Tech Startups Are Exploring Blockchain Technology, Report Reveals

South China Morning Post's Report shows Chinese firms are growing in the adoption and integration of blockchain technology

Is Blockchain Tech the Holy Grail for the Aerospace Industry?

Is Blockchain Tech the Holy Grail for the Aerospace Industry?

The aerospace industry moves millions of people and billions worth of assets every single day. Yet, the industry's sheer complexity is its own worst enemy. Can blockchain technology become the savior?

Silvergate Bank Probed by DOJ for Ties to FTX Exchange

Silvergate Bank Probed by DOJ for Ties to FTX Exchange

Prosecutors are investigating Silvergate's Alameda accounts.

Tesla CEO Elon Musk Is Selling His First NFT and It’s a Techno Song about NFTs

Tesla CEO Elon Musk Is Selling His First NFT and It’s a Techno Song about NFTs

The NFT hype has been escalating and many artists and celebrities have capitalized on the trend to produce a NFT of their own.

Mastercard Pulls Russian Banks from its Payment Network

Mastercard Pulls Russian Banks from its Payment Network

American payment services giant Mastercard has cut off Russian financial institutions from its payment network.

Crypto Assets Custodian Hex Trust Acquires Key License from MAS

Crypto Assets Custodian Hex Trust Acquires Key License from MAS

Crypto asset custodian Hex trust announced Tuesday has obtained a CMS license from the Singapore regulator- the Monetary Authority of Singapore (MAS), according to a Bloomberg report.

Exclusive: How is Blockchain Disrupting the Music Industry Globally?

Exclusive: How is Blockchain Disrupting the Music Industry Globally?

With the widespread of blockchain technology used in different industries in the past decade, Sean Jong from K-Tune in Korea explains how blockchain can address the current pain points in the traditional music industry. He also explains the role of blockchain in royalty distribution and copyright infringement!

Australian Judge Allows Plaintiff to Use Bitcoin as Collateral Bond

Australian Judge Allows Plaintiff to Use Bitcoin as Collateral Bond

In Australia, a New South Wales (NSW) court has allowed a cryptocurrency exchange account to be used as a collateral bond for legal costs.

CEO Sues Board Members for Seizing Control of Crypto Miner

CEO Sues Board Members for Seizing Control of Crypto Miner

Layer1 Technologies CEO John Harney sued two board members for profiting from mining activities.

BIS Survey: 93% of Central Banks Engaged in CBDCs, 15 Retail and 9 Wholesale CBDCs Expected by 2030

BIS Survey: 93% of Central Banks Engaged in CBDCs, 15 Retail and 9 Wholesale CBDCs Expected by 2030

The Bank for International Settlements (BIS) has released a survey revealing that 93% of central banks are now engaged in some form of Central Bank Digital Currency (CBDC) work, with retail CBDCs taking the lead over wholesale CBDCs.

Trump Threatens Military Deployment at BLM and George Floyd Protests, Bitcoin Price Soars Past $10,000 Mark

Trump Threatens Military Deployment at BLM and George Floyd Protests, Bitcoin Price Soars Past $10,000 Mark

As President Donald Trump advised state governments to leverage the National Guard in response to civil unrest and protest, Bitcoin’s price surged past the $10,000 mark.

Stablecoin Reserves May Be Held in National Banks, US Treasury Office Provides Insight

Stablecoin Reserves May Be Held in National Banks, US Treasury Office Provides Insight

The OCC announced that national banks and federal savings associations could hold reserves for customers with stablecoin assets.

China Mobile Launches Metaverse Industry Alliance, Involving Tech Giants Like Huawei and Xiaomi

China Mobile Launches Metaverse Industry Alliance, Involving Tech Giants Like Huawei and Xiaomi

On June 28, 2023, in Shanghai, China Mobile announced the formal establishment of the China Mobile Metaverse Industry Alliance during the Mobile World Congress (MWC) Shanghai 2023. This initiative marks a significant stride in China Mobile's strategic foray into the rapidly expanding metaverse landscape.

Binance Reportedly Faces Investigations from Top US Federal Agencies

Binance Reportedly Faces Investigations from Top US Federal Agencies

The IRS and the DOJ are reportedly probing Binance over tax and money laundering offences.

Binance Launches AEVO on Launchpool

Binance Launches AEVO on Launchpool

Binance introduces AEVO, a new decentralized derivatives exchange platform, on its Launchpool, allowing users to farm AEVO tokens by staking BNB and FDUSD.

Involved in Cryptocurrency and Cash Corruption, Regional Military Recruitment Heads Were Dismissed by Ukrainian President

Involved in Cryptocurrency and Cash Corruption, Regional Military Recruitment Heads Were Dismissed by Ukrainian President

Ukrainian President dismissed regional military recruitment heads for corruption involving cryptocurrency and cash. Law enforcement opened 112 cases.

Russia Updates Regulations on Crypto Transactions, Harsh Fines Reserved for Defaulters

Russia Updates Regulations on Crypto Transactions, Harsh Fines Reserved for Defaulters

Russia’s Ministry of Finance has issued an amendment to its current cryptocurrency regulations. The amendments also come with stricter sanctions.

Tornado Cash Sees about 80% Deposit Decline following OFAC Sanctions: Report

Tornado Cash Sees about 80% Deposit Decline following OFAC Sanctions: Report

In just about a week since the US Treasury Department’s Office of Foreign Assets Control placed a ban on the crypto mixer, Tornado Cash, the total deposits on the platform have plummeted remarkably.

WEF: Blockchain Can Drive Sustainable Digital Finance for a Low-Carbon Economy

WEF: Blockchain Can Drive Sustainable Digital Finance for a Low-Carbon Economy

The World Economic Forum (WEF) has highlighted Blockchain as a driver of sustainable digital finance for a low-carbon economy

Baidu Trends: Bitcoin Searches Skyrocket Amid Social Distancing and Working From Home Approaches

Baidu Trends: Bitcoin Searches Skyrocket Amid Social Distancing and Working From Home Approaches

According to Baidu, a Chinese multinational technology company offering internet-related services, Bitcoin searches have shot up by 183% in the last one month. This trend can be linked to the fact that many countries have asked their citizens to adhere to precautionary approaches, such as self-quarantining, social distancing, working from home, necessitated when tackling coronavirus.

Ukraine Military Foundation Allies Solicits Donations in Crypto

Ukraine Military Foundation Allies Solicits Donations in Crypto

The “Return Alive” Foundation with close ties with the Ukrainian military is now soliciting funds in cryptocurrencies to support the army in these trying times.

Italian Bank Offers Crypto Trading to Over A Million Customers Amid Coronavirus Pandemic

Italian Bank Offers Crypto Trading to Over A Million Customers Amid Coronavirus Pandemic

Due to the coronavirus outbreak and the lockdown situation in Italy, an Italian Bank, Banca Sella has launched Bitcoin trading services for its 1.2 million customers of Hype mobile banking platform.

Jack Grealish and Oliver Heldens Debut Musical Collaboration with Exclusive DJ Set in OKX Collective Metaverse

Jack Grealish and Oliver Heldens Debut Musical Collaboration with Exclusive DJ Set in OKX Collective Metaverse

OKX, one of the world’s leading Web3 technology companies, today hosted an exclusive DJ set performed by Manchester City star Jack Grealish and legendary DJ Oliver Heldens in its OKX Collective metaverse.

Taurus raised $65 million

Taurus raised $65 million

Credit Suisse, Deutsche Bank, Arab Bank Switzerland, and others invested $65 million in digital asset infrastructure provider Taurus.

Twitter Shares Plummet by 20% as Elon Musk’s $44 Billion Takeover Shelved

Twitter Shares Plummet by 20% as Elon Musk’s $44 Billion Takeover Shelved

The anticipated takeover of Twitter by Elon Musk, the CEO of Tesla Inc., was temporarily postponed as he waited to be briefed about the social media giant’s fake accounts.

Canadian PM Justin Trudeau Denounces Cryptos as Escape from Inflation

Canadian PM Justin Trudeau Denounces Cryptos as Escape from Inflation

The current Prime Minister of Canada, Justin Trudeau, said that investing in cryptocurrencies to avoid inflation is an act of irresponsible leadership.

TON Developers Threaten to Go Rogue and Launch Network as Telegram Battles SEC Lawsuit

TON Developers Threaten to Go Rogue and Launch Network as Telegram Battles SEC Lawsuit

While the US Securities and Exchange Commission (SEC) may have temporarily succeeded in stopping the launch of Telegram’s TON network, can they really stop open-source technology?

SUSHI and YFI Price Manipulation on dYdX v3 Revealed

SUSHI and YFI Price Manipulation on dYdX v3 Revealed

The recent dYdX v3 incident, involving significant price movements of SUSHI and YFI tokens, has raised crypto community concerns. The attacker deposited $5.3 million, took leveraged positions, and caused liquidation events.

China’s Digital Yuan Launch Could Threaten Macau’s Gambling Industry

China’s Digital Yuan Launch Could Threaten Macau’s Gambling Industry

Gambling businesses in Macau fear that the launch of digital yuan would render them obsolete.

Celsius Network Slashes 25% of its Workforce amid Potential Insolvency

Celsius Network Slashes 25% of its Workforce amid Potential Insolvency

Celsius Network’s woes continue to deepen because the crypto lending company has reduced its workforce by 150 employees, including those based in Israel.

Australia Uses Blockchain to Enhance Cross Border Trade With Singapore

Australia Uses Blockchain to Enhance Cross Border Trade With Singapore

The Australian Border Force (ABF) is launching a blockchain trial that is targeted at enhancing cross border trades with Singapore

Circle Files with The US SEC Intends to Become a National Cryptocurrency Bank

Circle Files with The US SEC Intends to Become a National Cryptocurrency Bank

Circle intends to become a full reserve national commercial bank as a part of the potential solution, the company explains its core services heavily rely on third parties that create business risks.

Cryptocurrency Firms Deny Exposure to Troubled US Banks

Cryptocurrency Firms Deny Exposure to Troubled US Banks

Major cryptocurrency firms, including Tether, Crypto.com, Gemini, BitMEX, and others, have denied exposure to dissolved U.S. banks like Silicon Valley Bank and Signature Bank. The firms have taken to social media to assure their users that their funds are safe and accessible despite ongoing issues in the U.S. banking system.

Ethereum Uncovers Blockchain Bugs to Stabilize Medalla Testnet

Ethereum Uncovers Blockchain Bugs to Stabilize Medalla Testnet

Ethereum developers discussed the technical issues that went wrong during the launch of Medalla testnet and that could have been improved to make the release smoother.

Justin Sun's Billion-Dollar Crypto Portfolio Revealed

Justin Sun's Billion-Dollar Crypto Portfolio Revealed

Justin Sun's over 1 billion crypto portfolio showcases his strategic approach to risk and growth, investing in both altcoins and major cryptocurrencies.

Creditors, Borrowers, and US Trustee Object to Celsius delaying reorganization plan

Creditors, Borrowers, and US Trustee Object to Celsius delaying reorganization plan

Celsius received objections from the unsecured creditors committee, Withhold account holders, the U.S. Trustee, and borrowers to extend the restructuring plan deadline.

Billions May Soon Enter Bitcoin as More Entrepreneurs Are Looking Up to Elon Musk, says Crypto Analyst

Billions May Soon Enter Bitcoin as More Entrepreneurs Are Looking Up to Elon Musk, says Crypto Analyst

Crypto trader Carl Martin trusts that entrepreneurs are keeping a keen eye on the Bitcoin moves made by Elon Musk

PayPal Reports Fourth Quarter Earnings Boosted by Bitcoin and Crypto Service

PayPal Reports Fourth Quarter Earnings Boosted by Bitcoin and Crypto Service

PayPal has experienced a rise in revenue from its Bitcoin business since adding crypto into its network in October last year.

Twitter Says Bitcoin Hack Originated From Phone Phishing Attack

Twitter Says Bitcoin Hack Originated From Phone Phishing Attack

On Thursday, Twitter provided an update addressing the massive Bitcoin hack that overtook its platform earlier this month.

Abra Appoints Justin McMahan As Chief Financial Officer

Abra Appoints Justin McMahan As Chief Financial Officer

McMahan's appointment marks the first time Abra has hired an CFO. McMahan brings with him significant expertise that would be invaluable for Abra as the firm continues on its journey to becoming one of the leading crypto firms in the world.

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.”

Following OSC Prohibition, Crypto.com Delists USDT For Canadians

Following OSC Prohibition, Crypto.com Delists USDT For Canadians

Effective January 31, Crypto.com will delist Tether (USDT) for Canadian customers. The exchange has warned users that their Tether would be automatically changed into USD Coin if they don't withdraw or convert before the deadline (USDC). Crypto.com reported in August that the Ontario Securities Commission has approved its Canadian pre-registration commitment.

Cardano CEO Getting a OneCoin Vibe from Federal Reserve's 'Infinite Cash' Statement

Cardano CEO Getting a OneCoin Vibe from Federal Reserve's 'Infinite Cash' Statement

In an interview given to CBS's 60 Minutes on March 22, 2020, Neel Kashkari, the President of Federal Reserve Bank of Minneapolis made a controversial remark on being asked how the state would deal if the situation like 2008 financial crisis would come again due the Coronavirus outbreak.

Facebook CEO Mark Zuckerberg Endorses Bitcoin in a Subtle Way

Facebook CEO Mark Zuckerberg Endorses Bitcoin in a Subtle Way

Facebook's Mark Zuckerberg named one of his goats after Bitcoin, causing some to speculate on whether the tech mogul holds a position with the cryptocurrency.

Iris Energy to Triple Mining Capacity With Thousands of New Rigs

Iris Energy to Triple Mining Capacity With Thousands of New Rigs

Iris Energy will triple its crypto mining capacity with 44,000 ASIC machines.

Decentralized Streaming Music Service Audius Partners with TikTok to Share Sounds for Artists

Decentralized Streaming Music Service Audius Partners with TikTok to Share Sounds for Artists

The global video streaming platform TikTok and the encrypted music streaming platform Audius have developed a new feature called TikTok Sounds to support users to share sounds to the TikTok platform through Audius.

Nations Around the World Urged to Learn From China in Fighting Coronavirus Using Blockchain

Nations Around the World Urged to Learn From China in Fighting Coronavirus Using Blockchain

Different stakeholders are urging other nations to embrace China’s effective model in fighting this pandemic by deploying blockchain technology.

U.S.-German Joint Operation Seizes $25m Worth of Bitcoin, Shuting Down Russian Darkened Marketplace Hydra

U.S.-German Joint Operation Seizes $25m Worth of Bitcoin, Shuting Down Russian Darkened Marketplace Hydra

Authorities said the Hydra darknet platform had millions of users, where malware, drugs, counterfeit products, stolen data, and digital assets were traded.

DekaBank to Launch Blockchain-Based Tokenization Platform

DekaBank to Launch Blockchain-Based Tokenization Platform

German asset management DekaBank is cooperating with Metaco to build a tokenization platform but won't trade Bitcoin.

Binance Continues to Provide Services to Unrestricted Russians Despite EU Sanction

Binance Continues to Provide Services to Unrestricted Russians Despite EU Sanction

Binance exchange is still serving nonsanctioned Russian users according to one of its Executives

Altcoin Watch: Top 3 Tokens with Poor Performance over the Past Week

Altcoin Watch: Top 3 Tokens with Poor Performance over the Past Week

In this week’s Altcoin Watch edition, we present three of the worst-performing tokens, giving investors a compass to guide their observation of trends in the crypto ecosystem over the last week.

Users Panic as Nexo Withdraws 7,758.8 WBTC from MakerDAO

Users Panic as Nexo Withdraws 7,758.8 WBTC from MakerDAO

There have been panic in the digital space amidst rumours of Nexo being insolvent due to the abrupt withdrawal of Wrapped Bitcoin (WBTC) from MakerDAO with an address labelled as Nexo Ox8fd

Coinbase Pro Will List Uniswap Token UNI Instead of Sushi Token

Coinbase Pro Will List Uniswap Token UNI Instead of Sushi Token

Major United States crypto exchange Coinbase will list the Uniswap token UNI which was launched earlier today but snubs Sushi token.

Platypus Recovers 90% of Stolen Funds from Recent Exploit

Platypus Recovers 90% of Stolen Funds from Recent Exploit

Platypus DeFi protocol has recovered 90% of the funds stolen in the recent 12 October 2023 exploit, reducing the net loss to about 18,000 AVAX. The protocol acknowledged the community's support in swiftly resolving the crisis and is making arrangements for the withdrawal of liquidity providers. Amidst ongoing investigations and enhanced security measures, Platypus continues to work on a compensation plan for affected users from previous attacks.

Solana (SOL) Validators Approve "Timely Vote Credits" Proposal to Accelerate Blockchain Transactions

Solana (SOL) Validators Approve "Timely Vote Credits" Proposal to Accelerate Blockchain Transactions

Solana validators have approved a proposal called "Timely Vote Credits" to reduce consensus vote latency and incentivize timely votes, potentially speeding up blockchain transactions, before implementing the mechanism.

Russia Mulling Crypto for Cross-Border Payments

Russia Mulling Crypto for Cross-Border Payments

Russia is reportedly mulling the plans to allow cryptocurrencies for cross-border payments as on one of the survival measures explorable as the country continues to battle sanctions from the West for its invasion of Ukraine

FUSANG Exchange Announces CCB $3 Billion Digital Bond Listing Suspended

FUSANG Exchange Announces CCB $3 Billion Digital Bond Listing Suspended

FUSANG exchange announced that the listing of the $3 billion digital bond backed by China Construction Bank has been suspended.

Twitter CEO Jack Dorsey Apologizes for Bitcoin Hack, But Not Before Dutch Politician Was Compromised

Twitter CEO Jack Dorsey Apologizes for Bitcoin Hack, But Not Before Dutch Politician Was Compromised

Twitter CEO Jack Dorsey came forward on Thursday to apologize thoroughly for his social network company’s failure to prohibit and shut down Bitcoin scam artists' digital heist of important verified accounts, that ranged from that of tech moguls Elon Musk and Bill Gates to political figure Joe Biden.

NEAR Protocol to Wind Down Stablecoin USN, Allocating Funds for User Protection

NEAR Protocol to Wind Down Stablecoin USN, Allocating Funds for User Protection

The firm has announced plans to shut down the USN stablecoin to avoid greater risks.

El Salvador's Nayib Bukele buy 1 BTC daily

El Salvador's Nayib Bukele buy 1 BTC daily

El Salvador's President Nayib Bukele and Grenada's ambassador Justin Sun have decided to accumulate 1 BTC per day. Analysts are worried that bitcoin could slide to $13,000, having already lost 76% since hitting a record high of $69,000.

Binance Continues to Show Support for Measures Against the Coronavirus

Binance Continues to Show Support for Measures Against the Coronavirus

With over a month gone since the outbreak of the now dreaded coronavirus, charity organizations, social groups have been credited with the progress being made to contain the spread of the disease.

Bitcoin Miner Crusoe Energy Acquires its Big Rival Great American Mining

Bitcoin Miner Crusoe Energy Acquires its Big Rival Great American Mining

The acquisition has brought companies with complementary capabilities, assets, and customer relationships to make Crusoe a big Bitcoin mining firm in the US.

PlusToken Crypto Scam Masterminds to Serve 11 Years in Prison

PlusToken Crypto Scam Masterminds to Serve 11 Years in Prison

The ringleaders of the PlusToken Ponzi Scheme have been charged with 11 years of prison after they stole cryptocurrencies worth 14.8 billion yuan.

Major Banking and Financial Associations Urge SEC to Amend SAB 121 for Digital Asset Custody

Major Banking and Financial Associations Urge SEC to Amend SAB 121 for Digital Asset Custody

The Bank Policy Institute, American Bankers Association, Financial Services Forum, and SIFMA have requested modifications to Staff Accounting Bulletin No. 121 to address challenges in digital asset custody for US banking organizations. The aim is to align provisions with recent policy developments and practical experience.

Decrypt: Most Whitepapers are Full of Scams

Decrypt: Most Whitepapers are Full of Scams

According to Decrypt’s Investigation published on 22 April, many startups had been accused by White paper writers to “constantly required to fabricate and exaggerate facts”.

El Salvador Lags Behind as Spain Overtakes to Become Third Largest Crypto ATM Hub

El Salvador Lags Behind as Spain Overtakes to Become Third Largest Crypto ATM Hub

With a total of 215 crypto ATMs hosted in Spain, the country has now outpaced El Salvador, which is home to 212 crypto ATMs, down to the fourth position, following Spain’s third position.

Block.one Settles with SEC to the Tune of $24 Million

Block.one Settles with SEC to the Tune of $24 Million

Blacksburg startup Block.one has agreed to pay $24 million (HK$ 188 million) in fines to settle the allegations of unlawfully selling its ICO (initial coin offering) to US investors. The blockchain company had raised several billion dollars between 2017 and 2018 by selling its own digital currency.

KuCoin Secures Over $10M in Strategic Investment

KuCoin Secures Over $10M in Strategic Investment

KuCoin has successfully secured over $10 million from Susquehanna International Group in a strategic investment.

SpankChain Shuts Down SpankPay Crypto Payment Processor

SpankChain Shuts Down SpankPay Crypto Payment Processor

Ethereum-based adult entertainment platform SpankChain has closed down its crypto payment processor, SpankPay, after losing its payment service provider Wyre in February and failing to find a new one.

Paul Tudor Jones Sends Inflation Warning to Feds, Touting Bitcoin as Way to "Hedge"

Paul Tudor Jones Sends Inflation Warning to Feds, Touting Bitcoin as Way to "Hedge"

Paul Tudor Jones revealed that he would invest in commodities, Gold and Bitcoin to serve as a hedge against inflation. Also, he will increase the allocation of Bitcoin from 2% to 5% as part of his portfolio.

Cardano Announces Shelley Mainnet Launch for a More Secure and Fully Decentralized Future Leading to the “Voltaire” Era

Cardano Announces Shelley Mainnet Launch for a More Secure and Fully Decentralized Future Leading to the “Voltaire” Era

The blockchain engineering company behind Cardano, Input-Output (IOHK) announced in a blog post that the Shelley code was successfully implemented in Cardano’s mainnet. This announcement marks the biggest upgrade to the Cardano blockchain so far, with the deployment of the Shelley code confirmed to have been successfully released on the mainnet on June 30.

Ripple CEO Hints at Firm's Likely Move from US after DOJ Report

Ripple CEO Hints at Firm's Likely Move from US after DOJ Report

Ripple's Chief Executive Officer has hinted that unfavorable regulations may force the company to relocate its headquarters out of the United States.

BNY Mellon Launches Crypto Custody Service - Report

BNY Mellon Launches Crypto Custody Service - Report

Bank of New York (BNY) Mellon has announced that its digital assets custody service is now live as it seeks to deepen its foothold in the emerging cryptocurrency ecosystem.

Lazarus-Linked Blender.io Added to US Treasury's Sanction List

Lazarus-Linked Blender.io Added to US Treasury's Sanction List

Bitcoin and cryptocurrency mixing service, Blender.io has been added to the sanctions list by the United States Treasury Department.

Signature Bank Team Joins Customers Bank, Part of $21B Customers Bancorp

Signature Bank Team Joins Customers Bank, Part of $21B Customers Bancorp

Customers Bank, a subsidiary of Customers Bancorp (NYSE:CUBI), has announced the successful onboarding of nearly 30 team members formerly employed by Signature Bank, once known for its crypto-friendly stance.

UK Law Enforcers Blow the Whistle on Bitcoin Fraudsters Taking Advantage of Coronavirus Outbreak

UK Law Enforcers Blow the Whistle on Bitcoin Fraudsters Taking Advantage of Coronavirus Outbreak

As the coronavirus pandemic continues to wreak havoc, having claimed more than 3,000 lives and infecting more than 100,000 people globally, tension has become inevitable. The UK police have raised the alarm on fraudsters swindling Britons by demanding Bitcoin payments amid coronavirus scare.

Native USDC Integration on Base Blockchain

Native USDC Integration on Base Blockchain

Circle plans to launch native USDC on Base blockchain, replacing bridged USDbC liquidity. The token will be fully reserved and redeemable for US dollars, enhancing scalability, transaction speeds, and reduced gas fees.

Iris Energy Bitcoin Mining Firm Files for Direct Listing on US Nasdaq

Iris Energy Bitcoin Mining Firm Files for Direct Listing on US Nasdaq

Australia’s Bitcoin mining firm has filed to go public through a direct listing on the US Nasdaq stock exchange.

Tether Has Enough Reserve for its Issued Tokens, Audit Firm Says

Tether Has Enough Reserve for its Issued Tokens, Audit Firm Says

Moore Cayman, an Independent Auditor has validated that Tether Holdings has enough reserve cash for its issued stablecoin of the USDT.

US Congress’ Attack on Amazon, Google, Apple and Facebook Continues, Can Blockchain Benefit?

US Congress’ Attack on Amazon, Google, Apple and Facebook Continues, Can Blockchain Benefit?

As the antitrust hearing with tech giants Amazon, Apple, Facebook, and Google (Alphabet) continues, the question of whether decentralization will subsequently rise as a result of the legal tech-policy hearing has been brought up.

Australian Federal Agency Ex-Employee Evades Prison Despite Illegally Mining Ether and Monero on Supercomputers

Australian Federal Agency Ex-Employee Evades Prison Despite Illegally Mining Ether and Monero on Supercomputers

A former employee of an Australian federal agency avoided prison despite mining cryptocurrency on government supercomputers.

dYdX Taps ConsenSys' Charles d'Haussy as CEO of its Foundation

dYdX Taps ConsenSys' Charles d'Haussy as CEO of its Foundation

Decentralized Exchanges (DEX) dydx has announced the appointment of Charles d’Haussy, a crypto leader from ConsenSys to serve as the Chief Executive of its Foundation.

Advancements in Autonomous Driving: Analyzing the Progress of Waymo, Tesla, and Industry Trends

Advancements in Autonomous Driving: Analyzing the Progress of Waymo, Tesla, and Industry Trends

This paper provides an in-depth analysis of the current state and future prospects of autonomous driving, focusing on the roles of Waymo and Tesla in the industry, alongside discussing the broader technological, economic, and regulatory landscape.

Local Officials Set Ambitious Targets for Digital Yuan Transactions

Local Officials Set Ambitious Targets for Digital Yuan Transactions

In 2022, the e-CNY processed $50.5 billion in municipal transactions.

China's Crypto Adoption is Ahead of the US, According to Chainalysis’ On-Chain Metrics

China's Crypto Adoption is Ahead of the US, According to Chainalysis’ On-Chain Metrics

Chainalysis recently published a report on the global adoption of cryptocurrencies and found that China is ahead of the US on the list.

FBI Monitors North Korea's Lazarus Group in Major Cryptocurrency Heist

FBI Monitors North Korea's Lazarus Group in Major Cryptocurrency Heist

The FBI is monitoring cryptocurrency theft by DPRK's TraderTraitor-affiliated actors, including Lazarus Group and APT38. The agency suspects the DPRK might liquidate over $40 million worth of bitcoin. The FBI advises companies to scrutinize blockchain data and remain cautious about transactions associated with these addresses.

17,000 Customers Claim Refund from Collapsed Canadian Crypto Exchange QuadrigaCX

17,000 Customers Claim Refund from Collapsed Canadian Crypto Exchange QuadrigaCX

Ernst & Young, the trustee of the now-bankrupt cryptocurrency exchange QuadrigaCX, published a report showing that almost 17,000 people have filed for the remaining assets of the crypto exchange. EY assumed control of the crypto exchange in February 2019 after QuadrigaCX filed for bankruptcy. Ernst & Young took over custody of QuadrigaCX’s assets following the alleged death of Gerald Cotton, the founder of QuadrigaCX, who held the private keys to the crypto holdings, in January 2019. The report indicates that as many as 16,959 people have claimed assets ranging from Litecoin, Bitcoin, Ethereum, Bitcoin Gold, Bitcoin SV, and Bitcoin cash, along with US dollars and Canadian dollars.

AmeriCoin - The Pathway to Monetary Freedom, Tokenization and the American Dream?

AmeriCoin - The Pathway to Monetary Freedom, Tokenization and the American Dream?

Is cryptocurrency the tool to achieve the “American Dream”? Adam Kokesh, the leading libertarian candidate of the 2020 U.S. presidential race has revealed the plan to develop AmeriCoin cryptocurrency. The development of AmeriCoin will be led by Alastair Caithness, the Chief Blockchain Policy Advisor appointed by Kokesh.

Sushi Goes Live on Blast, Revolutionizing DeFi with Layer 2 Yield Innovation

Sushi Goes Live on Blast, Revolutionizing DeFi with Layer 2 Yield Innovation

Sushi has expanded into Ethereum's Layer 2, launching on Blast to offer users enhanced yield opportunities and reduced gas fees.

First Digital Group Launches New Stablecoin FDUSD to Revolutionize Global Finance

First Digital Group Launches New Stablecoin FDUSD to Revolutionize Global Finance

Asia's leading trust company and qualified custodian, First Digital, is making waves in the global financial ecosystem with the announcement of its new stablecoin, First Digital USD (FDUSD)

Crypto Tax Payments Permitted in Bermuda

Crypto Tax Payments Permitted in Bermuda

Bermuda has started accepting tax payments using Circle's stablecoin known as USD Coin (USDC).

Australian Taxation Office Clarifies CGT on DeFi and Crypto Wrapping

Australian Taxation Office Clarifies CGT on DeFi and Crypto Wrapping

The Australian Taxation Office has issued guidelines on the capital gains tax implications for decentralized finance activities and crypto token wrapping, following a recent security breach.

Mastercard Launches New Crypto Program for Start-ups

Mastercard Launches New Crypto Program for Start-ups

Payment giant Mastercard announced Tuesday to kick off a new program for start-up companies to support the development in cryptocurrency and blockchain industries.

Senator Lummis: Voting on Infrastructure Bill Amendments Will Be a Win for the Digital Asset Community

Senator Lummis: Voting on Infrastructure Bill Amendments Will Be a Win for the Digital Asset Community

With all forms of Amendment on the Infrastructure Bill under threat, Sen Lummis has explained why the crypto industry will win should an amendment be voted on.

Crypto Exchange FTX Offers Stock Trading Services to All Users in US

Crypto Exchange FTX Offers Stock Trading Services to All Users in US

Cryptocurrency exchange FTX.US has opened stock trading services to all users in the US.

Binance, Circle, and Paxos Receive Regulatory Scrut

Binance, Circle, and Paxos Receive Regulatory Scrut

Stablecoin issuer Circle supplied the NYDFS blockchain evidence claiming Binance's reserves were inadequate to sustain its currency.

Russia largest bank is moving forward with the plan

Russia largest bank is moving forward with the plan

Sberbank, Russia's biggest bank, will begin open DeFi platform testing in April 2023.

Hong Kong Fintechs Embrace Blockchain and DLT

Hong Kong Fintechs Embrace Blockchain and DLT

Blockchain firms make up nearly 40% of all new Hong Kong FinTech companies launched in 2019.

Australia's National Blockchain Steering Committee Mobilizes Domestic Developer Community

Australia's National Blockchain Steering Committee Mobilizes Domestic Developer Community

The Australian National Blockchain Roadmap Steering Committee is seeking expressions of interest from its domestic blockchain community to create working groups on supply chain and credentialing.

Circle Taps BNY Mellon to Serve as Custodian for USDC Stablecoin Reserves

Circle Taps BNY Mellon to Serve as Custodian for USDC Stablecoin Reserves

The new partnership will mutually benefit Circle and Mellon Bank.

Japan Freezes Assets Linked to Hamas Funding

Japan Freezes Assets Linked to Hamas Funding

Japan has frozen the assets of nine individuals and a cryptocurrency firm accused of financing Hamas, following US sanctions. This move is part of a global effort to disrupt militant group financing channels, focusing on the challenges of virtual currencies in facilitating illicit financial flows.

US Stocks, Oil, and Bitcoin Price Plunge, Hinting Second Wave of Coronavirus Cases

US Stocks, Oil, and Bitcoin Price Plunge, Hinting Second Wave of Coronavirus Cases

Stocks, oil, and Bitcoin price have been plunging, as the market has been concerned about a possible second wave of coronavirus cases as lockdowns have been easing in certain states in the US.

Cerus Markets Launches Revolutionary Platform for Crypto Derivatives Trading

Cerus Markets Launches Revolutionary Platform for Crypto Derivatives Trading

On 4th April 2023, Cerus Markets announced the launch of its new platform for easy, safe, and innovative crypto derivatives trading. Founded by industry veterans, Cerus Markets plans to revolutionize the way people trade cryptocurrencies.

Dee Templeton Joins OpenAI's Board Amidst Corporate Governance Overhaul

Dee Templeton Joins OpenAI's Board Amidst Corporate Governance Overhaul

Microsoft's Dee Templeton joins OpenAI's board as a nonvoting observer amidst significant corporate governance changes following CEO Sam Altman's brief ouster and reinstatement.

Russian Man Charged For Offering $1 Million in Bitcoin to United States Employee to Install Malware in Company’s Network

Russian Man Charged For Offering $1 Million in Bitcoin to United States Employee to Install Malware in Company’s Network

Russian citizen arrested and charged for trying to recruit an employee to plant malware on a company’s computer network in Nevada, US.

Crypto Music Platform Audius Allows Sending Token to Support Artists

Crypto Music Platform Audius Allows Sending Token to Support Artists

Crypto music streaming platform Audius has developed a new feature that allows users to send the platform’s governance tokens to their favourite creators.

ASX Delays Blockchain-Based CHESS Replacement to April 2023

ASX Delays Blockchain-Based CHESS Replacement to April 2023

The Australian Securities Exchange has delayed the blockchain replacement for its CHESS settlement system for financial products, until April 2023.

Legacy Healing Center Accepts Crypto Payment Option for More Addiction Treatment

Legacy Healing Center Accepts Crypto Payment Option for More Addiction Treatment

Legacy Healing Center, a US-based addiction treatment centre in Florida and New Jersey, aims to open the doors to more people seeking treatment by accepting Bitcoin (BTC) and Ethereum (ETH) as valid forms of payment.

Gold, Oil and Bitcoin: What Does One Have to Do With the Others?

Gold, Oil and Bitcoin: What Does One Have to Do With the Others?

You’ll often hear the value of bitcoin being compared to that of gold, with the newest likeness being to oil. But do these three commodities really have anything in common?

PayPal Payment Giant to Expand Cryptocurrency Offerings to UK Market Within Months

PayPal Payment Giant to Expand Cryptocurrency Offerings to UK Market Within Months

PayPal has revealed a brief timeline, indicating the expansion of its crypto business to the UK market in a few months’ time.

U.S. Requests Crypto Exchanges to Avoid Russian Running away from Sanctions

U.S. Requests Crypto Exchanges to Avoid Russian Running away from Sanctions

The U.S. is reportedly urging major crypto exchanges to make sure no Russian individuals or institutions escape from the sanctions by using cryptocurrencies.

Tesla Sold 75% Bitcoin Holdings in Q2, Worth $936m

Tesla Sold 75% Bitcoin Holdings in Q2, Worth $936m

Tesla’s 75% of Bitcoins have been sold from its holdings. This sale comes after a sharp drop in crypto prices across the board, including Bitcoin and Dogecoin.

Ernst & Young Trustee Outline Options for Compensating QuadrigaCX Victims

Ernst & Young Trustee Outline Options for Compensating QuadrigaCX Victims

Ernst & Young has filed a report with the Ontario Superior Court of Justice suggesting how the court should distribute the recovered funds.

Australia Sponsors Two Blockchain Pilot Projects for AU$5.6M

Australia Sponsors Two Blockchain Pilot Projects for AU$5.6M

The Australian government has allocated more than 5.6 million Australian dollars to support two domestic blockchain pilot projects, enhancing the domestic productivity and competitiveness of the Minerals and Food and Beverage sectors.

White House Report Casts Doubt on Cryptocurrencies

White House Report Casts Doubt on Cryptocurrencies

The White House's Economic Report includes a chapter questioning the benefits of cryptocurrencies, with 35 pages dedicated to debunking them. It argues that crypto assets fail to deliver on their promised benefits, and that they are too volatile to be a stable store of value or reliable medium of exchange.

Breaking: Ripple XRP Acquires Web3 Financial Institution Fortress Trust

Breaking: Ripple XRP Acquires Web3 Financial Institution Fortress Trust

Ripple has acquired Fortress Trust, a subsidiary of Fortress Blockchain Technologies, which offers Web3 financial, regulatory, and technological solutions for blockchain pioneers. The acquisition strengthens Ripple's business and product trajectory, following its $250M purchase of Metaco in 2023. The merger extends Ripple's regulatory credentials, including a Nevada Trust license and 30+ Money Transmitter Licenses across the US and Singapore.

Spanish Researchers Deploy AI and Blockchain-Powered App to Tame COVID-19

Spanish Researchers Deploy AI and Blockchain-Powered App to Tame COVID-19

At least 100 Spanish researchers from the University of Salamanca, the Artificial Intelligent Research Institute, and the Institute of Biomedical Research of Salamanca have joined hands to design an AI and blockchain-based app to picture the evolution of the coronavirus (COVID-19) pandemic. Their objective is flattening this pandemic’s curve as it has wreaked havoc across the globe.

Circle Publishes Inuagural USDC Reserve Treasury Report for June

Circle Publishes Inuagural USDC Reserve Treasury Report for June

Co-Founder and CEO of Circle, Jeremy Allaire has announced the release of the company’s first monthly USDC reserve report for the month of June

The U.K. government is recruiting for a head to its central bank digital currency project

The U.K. government is recruiting for a head to its central bank digital currency project

The U.K. is hiring a central bank digital currency (CBDC) chief to establish a digital pound. CBDCs promise financial inclusion and lower corporate and consumer expenses. A former Bank of England senior advisor opposed CBDCs. In 2021, 23 million Brits did not use cash, and fewer than 15% of payments are done using cash.

Microsoft Fights Piracy by Using Ethereum Blockchain

Microsoft Fights Piracy by Using Ethereum Blockchain

Microsoft is debuting Ethereum based Argus system to fight piracy concerns

Trustlessly purchasing an NFT on Flare using the token of a different blockchain.

Trustlessly purchasing an NFT on Flare using the token of a different blockchain.

The layer-1 for data, Flare, just completed a live demonstration of new interoperability functionality now available in beta on the network. Using two core interoperability protocols, State Connector and Flare Time Series Oracle (FTSO), an NFT was trustlessly purchased with the transaction taking place on a different chain using a different token. The demo was performed on Flare’s canary network, Songbird, with the purchase made using DOGE and XRP tokens.

Musk Says SpaceX will Follow Tesla's Lead in Adding DOGE Payments

Musk Says SpaceX will Follow Tesla's Lead in Adding DOGE Payments

Tesla CEO Elon Musk tweeted that in the near future his space venture company SpaceX plans to introduce payments with his favourite crypto asset, dogecoin (DOGE).

BUSD, Paxos, and the Recent Scrutiny of Paxos

BUSD, Paxos, and the Recent Scrutiny of Paxos

Matrixport's director of research believed Paxos' BUSD supervision was too lax, prompting regulatory attention. Stablecoins are not the goal.

United States Congress Agree on $900 Billion Stimulus Bill, What it Means for Bitcoin

United States Congress Agree on $900 Billion Stimulus Bill, What it Means for Bitcoin

United States Congress has reached an agreement on a proposed $900 billion pandemic stimulus package and will vote shortly, what will this mean for Bitcoin and crypto?

Chinese Media Criticizes OKEx for Illegal Advertisements as Bitcoin Surges Above $30K

Chinese Media Criticizes OKEx for Illegal Advertisements as Bitcoin Surges Above $30K

On June 27th, the Chinese media outlet Beijing Business Daily published an article titled "Bitcoin's Soaring Market Triggers Illegal Speculation Activities, OKX Resorts to 'Indirect' Marketing."

Binance Enhances Trading Options with New Pairs and Bot Services

Binance Enhances Trading Options with New Pairs and Bot Services

Binance boosts its trading services with new spot trading pairs and trading bot services, expanding options and enhancing user experience. This includes pairs like MOVR/TRY, LDO/FDUSD, and more, with a focus on FDUSD and Turkish Lira pairs.

China's Antitrust Agency Urged By the PBOC to Probe Alipay and WeChat Pay

China's Antitrust Agency Urged By the PBOC to Probe Alipay and WeChat Pay

In a move similar to the US antitrust hearing, the People’s Bank of China has prompted the nations top antitrust body to probe Alipay and WeChat

Hodlnaut Seeks to Sell Business

Hodlnaut Seeks to Sell Business

Hodlnaut temporary judicial management are considering several offers to buy its Singapore crypto firm and FTX claims.

The Federal Home Loan Banks System is lending to cryptocurrency

The Federal Home Loan Banks System is lending to cryptocurrency

The FHLB is lending billions to two of the top bitcoin banks. According to WSJ, FHLB loans might minimise cryptomarket outflows.

Ripple Donates $10M to Humanitarian Organization to Accelerate Financial Inclusion

Ripple Donates $10M to Humanitarian Organization to Accelerate Financial Inclusion

Ripple has continued to be innovative in finding ways to deliver global financial inclusion amid a struggling COVID-19 economy.

WhatsApp to Test Crypto Payments in U.S. by Using Novi Digital Wallet

WhatsApp to Test Crypto Payments in U.S. by Using Novi Digital Wallet

WhatsApp is getting into the payments game with a new pilot test for sending and receiving cryptocurrency in its mobile app.

Binance Eliminates Fees on Spot Bitcoin Trading to Mark 5th Anniversary

Binance Eliminates Fees on Spot Bitcoin Trading to Mark 5th Anniversary

Crypto exchange Binance is marking its 5th year anniversary in a special way, with the elimination of trading fees of Bitcoin spot trading pairs.

3 Reasons Why Bitcoin Price Will Continue Rising

3 Reasons Why Bitcoin Price Will Continue Rising

Institutional demand, subsiding price volatility, and the Federal Reserve having no plans to taper its economic relief spending are 3 reasons why Bitcoin will continue to rise.

Crypto Lender Celsius to Proceed with Chapter 11 Restructuring Plan

Crypto Lender Celsius to Proceed with Chapter 11 Restructuring Plan

Celsius Network, the bankrupt crypto lender, has announced it will proceed with its Chapter 11 restructuring plan, with a disclosure statement containing information for claim holders to be filed on April 12. The proposed restructuring plan is sponsored by NovaWulf.

US Bank Failures Shock Regulators

US Bank Failures Shock Regulators

The New York Department of Financial Services and the US Federal Reserve Board have published their internal reviews on the handling of Signature Bank and Silicon Valley Bank's failures. The string of bank failures, including Silvergate Bank's voluntary liquidation, has prompted regulators to re-evaluate their supervision.

FTX Announces Proposed Settlement and Amended Plan in Chapter 11 Cases

FTX Announces Proposed Settlement and Amended Plan in Chapter 11 Cases

FTX has announced a proposed settlement in their Chapter 11 cases, pending court approval. The settlement includes a "Shortfall Claim" for customers and an amended Plan of Reorganization. The Official Committee of Unsecured Creditors supports the plan, expecting expedited cases and improved recoveries. Customers may receive over 90% of distributable value globally.

WeStreet Credit Union Opens Public Access to Cryptocurrency Trading Portal

WeStreet Credit Union Opens Public Access to Cryptocurrency Trading Portal

WeStreet Credit Union has introduced a Crypto Portal, offering a secure platform for buying, selling, and holding cryptocurrencies. Initially a members-only feature since August 2023, it opened to the public in October. Partnering with a Qualified Crypto Custodian, WeStreet provides a regulated, audited platform for cryptocurrency transactions, bridging the gap between traditional banking and the digital currency sphere.

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."

How to Mine Without Buying A Mining Machine

How to Mine Without Buying A Mining Machine

Bitcoin’s price has been rising incredibly and continues to trend upward. Many people may think that if they cannot buy a Bitcoin mining machine, they are missing out on a huge opportunity to generate profit.

Voyager Digital Agrees to $1.65 Billion Settlement with FTC in Landmark Case

Voyager Digital Agrees to $1.65 Billion Settlement with FTC in Landmark Case

The US FTC has awarded Voyager Digital a $1.65 billion settlement for misleading statements about customer fund safety, marking a significant regulatory action in the crypto market.

BNY Mellon Bank Tapped to Provide Grayscales with Bitcoin ETF Services

BNY Mellon Bank Tapped to Provide Grayscales with Bitcoin ETF Services

Grayscale Investments has selected BNY Mellon bank as an asset servicing provider for its Grayscale Bitcoin Trust(GBTC) , handling accounting and administrative services, effective October 1.

Polkadot (DOT) Price Analysis - April 21,2021

Polkadot (DOT) Price Analysis - April 21,2021

If the overall crypto market remains bearish, Polkadot (DOT) may follow the broader market trend and continue its current downward momentum, falling below the $30 mark.

Russia Won't Follow in the Footsteps of China's Total Ban on Crypto Transactions: Russian Deputy FM

Russia Won't Follow in the Footsteps of China's Total Ban on Crypto Transactions: Russian Deputy FM

The Russian government said it will not follow China's comprehensive ban on cryptocurrency and has no plans to prohibit investors from buying cryptocurrencies in the foreign exchange market.

Canadian Pension Fund Achnoledges Investemnt Loss for $200m CAD on Celsius Network

Canadian Pension Fund Achnoledges Investemnt Loss for $200m CAD on Celsius Network

Charles Emond, the Chief Executive Officer of Canadian pension fund Caisse de dépôt et placement du Québec (CDPQ), has indicated that the company’s investment in Celsius Network is now considered lost.

Bybit to Bolster its Options Trading Services With SignalPlus Partnership

Bybit to Bolster its Options Trading Services With SignalPlus Partnership

Singapore-based digital currency trading platform has announced its latest partnership with SignalPlus, a high-tech powered Options trading dashboard provider in the crypto industry

Blockchain Labs and HashKey Capital Launch Future3 Campus, a Web3.0 Innovation Incubator

Blockchain Labs and HashKey Capital Launch Future3 Campus, a Web3.0 Innovation Incubator

Blockchain Labs and HashKey Capital have announced a joint initiative to establish Future3 Campus, a Web3.0 innovation incubator aimed at promoting the global Web3.0 ecosystem.

Coronavirus Measures in China Delay Crypto Hardware for MicroBT and Bitmain Customers

Coronavirus Measures in China Delay Crypto Hardware for MicroBT and Bitmain Customers

The coronavirus is causing mass disruption throughout Asia and has now been declared a ‘global health emergency’ by the World Health Organisation. The Chinese government have taken drastic isolation measures and over 40 million people are effectively on lockdown. Two major crypto hardware manufacturers have been having difficulties servicing clients from their bases in China.

US Congressmen Urge Trump to Implement Blockchain Technology for COVID-19 Relief

US Congressmen Urge Trump to Implement Blockchain Technology for COVID-19 Relief

Nine members of the US Congress advocated for the benefits of leveraging blockchain technology to counter the crisis brought upon by COVID-19.

Crypto Market Crashes after Putin Announcing Military Operations against Ukraine

Crypto Market Crashes after Putin Announcing Military Operations against Ukraine

The crypto market is full of bearish sentiment, right after Russia launched the latest military operation against Ukraine. Bitcoin has fallen over 8%, whereas Ethereum has plunged over 10%.

Bank of America Says Binance to Benefit from Increased Supply of Its Own Stablecoin

Bank of America Says Binance to Benefit from Increased Supply of Its Own Stablecoin

BAC has given more clarification on how Binance’s automatic conversion of other stablecoins could impact its business as well as its own BUSD stablecoin.

Australia’s Financial Regulator Issues First Regulatory Roadmap for Crypto Assets

Australia’s Financial Regulator Issues First Regulatory Roadmap for Crypto Assets

The Australian Prudential Regulation Authority admitted that although the crypto sector is small, its rapid growth poses risks in the future if it remains unregulated.

Bank of Russia to Debut Digital Ruble in April 2023

Bank of Russia to Debut Digital Ruble in April 2023

The Bank of Russia is planning a consumer pilot for the digital ruble and a gold-backed cryptocurrency.

Gate.io Executive Reveals Global Economic Outlook and Future Cryptocurrency Adoption Amid Coronavirus Pandemic

Gate.io Executive Reveals Global Economic Outlook and Future Cryptocurrency Adoption Amid Coronavirus Pandemic

Blockchain.News exclusively interviewed Marie Tatibouet, the Chief Marketing Officer of Gate.io to explore the current trends and future expected evolution of the cryptocurrency market.

World Sustainability Organization Adopts Blockchain-Based Virtual Audits to Curb COVID-19 Spread

World Sustainability Organization Adopts Blockchain-Based Virtual Audits to Curb COVID-19 Spread

With coronavirus (COVID-19) prevention measures necessitating self-isolation and social distancing, Friend of the Sea (FOS), a World Sustainability Organization’s project for seafood certification, has embraced blockchain-enabled virtual audits to mitigate the expansion of this pandemic. As a result, FOS has eradicated onsite scrutinies because safety is of the essence during these trying times.

Russian Banking Giant Sberbank to Tokenize Financial Assets Using Stablecoins

Russian Banking Giant Sberbank to Tokenize Financial Assets Using Stablecoins

Sberbank, Russia’s biggest bank, has disclosed the possibility of issuing tokens to be utilized in digital financial assets (DFA) settlements. The token will be in the form of a stablecoin to be pegged to the nation’s currency, the Russian ruble.

Bitcoins Rebounds after Witnessing 6 Month Lows due to FUD, Standing around $36K

Bitcoins Rebounds after Witnessing 6 Month Lows due to FUD, Standing around $36K

Subject to fears of a Russian invasion of Ukraine and the possibility of raising the interest rate from the U.S. Fed meeting last week, Bitcoin rebounded during the Asia trading session after it tumbled to its lowest in six months.

Core Scientific and Celsius Mining Settle Litigation with Texas Data Center Purchase Agreement

Core Scientific and Celsius Mining Settle Litigation with Texas Data Center Purchase Agreement

Core Scientific has agreed to sell its Cedarvale Bitcoin mining site in Texas to Celsius Mining LLC for $14 million. The deal will settle ongoing litigation and allow Celsius to expand its Texas data centers. The Cedarvale site, valued at $45 million, will be overseen by US Bitcoin Corp. The transaction is not impacting Core Scientific's mining fleet.

United States Financial Regulators Sign Onto the Global Financial Innovation Network

United States Financial Regulators Sign Onto the Global Financial Innovation Network

In a joint report released by the US Securities and Exchange Commission on 24th October 2019, four US financial watchdogs have joined the Global Financial Innovation Network (GFIN).

Interactive Brokers Launches Crypto Trading Services for Institutional Clients

Interactive Brokers Launches Crypto Trading Services for Institutional Clients

In 2023, Hong Kong will cooperate with cryptocurrency and fintech firms.

Alibaba Unveils Its First Home-Grown AI Chip

Alibaba Unveils Its First Home-Grown AI Chip

Chinese e-commerce giant Alibaba unveiled its first artificial intelligence inference chip on Wednesday, a move which could further invigorate its already rip-roaring cloud computing business.

Robinhood Receives Investigative Subpoena from SEC Over Crypto Business

Robinhood Receives Investigative Subpoena from SEC Over Crypto Business

Robinhood disclosed in a recent 10-K filing that it received an investigative subpoena from the SEC in December 2022 regarding its supported cryptocurrencies, custody of cryptocurrencies, and platform operations. The subpoena was in response to the bankruptcies of several major cryptocurrency trading venues and lending platforms earlier in the year, including FTX, Three Arrows Capital, Voyager Digital Holdings, and Celsius Network. This follows previous subpoenas from the California Attorney General's Office and scrutiny from the Massachusetts Securities Division. Robinhood's crypto division was also fined $30 million by the New York District of Financial Services in August 2021 for failing to invest the proper resources and attention to develop and maintain a culture of compliance.

What is Trust?

What is Trust?

Trust and trusted third parties are key concepts in bitcoin. The key role of bitcoin is to reduce trust and trusted third parties.

Elon Musk Considers Adding Dogecoin as a Payment Option for Tesla

Elon Musk Considers Adding Dogecoin as a Payment Option for Tesla

Tesla CEO Elon Musk may be considering the possibility of enabling Dogecoin as a method of payment for Tesla customers.

US SEC Boss Airs Caution on Crypto Lenders Offering High Yields

US SEC Boss Airs Caution on Crypto Lenders Offering High Yields

Investors thinking of investing in crypto lending platforms should be cautious, the U.S. Securities and Exchange Commission (SEC) chairman said.

Ripple CEO Brad Garlinghouse Criticizes Former SEC Chair Jay Clayton's Regulatory Approach

Ripple CEO Brad Garlinghouse Criticizes Former SEC Chair Jay Clayton's Regulatory Approach

Ripple CEO Brad Garlinghouse criticizes former SEC Chair Jay Clayton for his aggressive regulatory approach, citing hypocrisy based on a 2020 lawsuit against Ripple. The ongoing legal tussle and recent developments highlight the broader regulatory uncertainties in the crypto industry.

Surge in Generative AI Adoption Across Sectors: Balancing Innovation and Risks

Surge in Generative AI Adoption Across Sectors: Balancing Innovation and Risks

Recent surveys highlight a significant increase in generative AI adoption in public and private sectors, driven by its potential for innovation and productivity. However, concerns over governance, risk management, and economic inequality emphasize the need for responsible and ethical use.

Understand JPMorgan's DocLLM: Enhancing AI-Powered Document Analysis

Understand JPMorgan's DocLLM: Enhancing AI-Powered Document Analysis

JPMorgan introduces DocLLM, an AI model for multimodal document understanding. This lightweight extension of LLMs excels in analyzing business documents, employing a novel spatial attention mechanism and bounding box information instead of costly image encoders.

Hedge fund Galois Capital shuts down after FTX collapse

Hedge fund Galois Capital shuts down after FTX collapse

Kevin Zhou also wanted to market their bankruptcy claims to experts.

Bitcoin-like Wisdom: Edward Snowden's Call for Algorithms to Replace Institutions

Bitcoin-like Wisdom: Edward Snowden's Call for Algorithms to Replace Institutions

Edward Snowden's vision of AI and Bitcoin's financial revolution share a common theme of decentralization and replacing traditional institutions, highlighting concerns about surveillance and public trust.

Bitcoin Price Bull Run Will Hit All Time High in 2020, Predicts Billionaire Bitcoin Investor

Bitcoin Price Bull Run Will Hit All Time High in 2020, Predicts Billionaire Bitcoin Investor

The Bitcoin price is heading to $20,000 by the end of 2020 according to billionaire cryptocurrency investor Michael Novagratz, CEO, of Galaxy Digital.

Investors Interested in Digital Assets Despite Volatile Market

Investors Interested in Digital Assets Despite Volatile Market

Bitcoin attracted $69 million in inflows, 90% of the week's total, according to CoinShares.

MicroStrategy May Sell Some of Its Bitcoins

MicroStrategy May Sell Some of Its Bitcoins

In its latest earnings report, MicroStrategy said it may sell off some of its Bitcoin in the future.

Regulatory Clampdown Pushed US and China Down the Crypto Adoption List, Chainalysis says

Regulatory Clampdown Pushed US and China Down the Crypto Adoption List, Chainalysis says

Cryptocurrency analysis data platform Chainalysis released a report highlighting a declining ranking in the US and China cryptocurrency adoption rate while emerging economies record significant growth in crypto adoption.

Market Reactions to Elon Musk on not Joining the Board of Directors of Twitter

Market Reactions to Elon Musk on not Joining the Board of Directors of Twitter

The market has different responses to Musk's recent move after he recently purchased Twitter shares and decided not to join the board.

How much money will Sullivan & Cromwell make from the FTX cryptocurrency

How much money will Sullivan & Cromwell make from the FTX cryptocurrency

A story claims FTX's notorious legal team would profit hundreds of millions from the exchange's bankruptcy lawsuit.

Binance Informs Customers of Upcoming Service Disruption

Binance Informs Customers of Upcoming Service Disruption

Disruption begins February 1. U.S. Dollar-held bank account holders who use SWIFT to acquire or sell cryptocurrencies under $100,000 may be impacted. Binance needs a new SWIFT (USD) partner to prevent service delays.

Cardano Breaks Correlation with Bitcoin Price with Recent Partnership with Coinbase and Shelley Mainnet Launch

Cardano Breaks Correlation with Bitcoin Price with Recent Partnership with Coinbase and Shelley Mainnet Launch

Cardano recently partnered with Coinbase Custody to allow ADA holders to stake and store their funds in a secure cold wallet. The launch is expected in Q4 of 2020, once the staking rewards on Cardano’s Shelley mainnet becomes available.

Hex Trust Partners with Chainalysis to Provide a Compliance-focused Custody Solution for Financial Institutions

Hex Trust Partners with Chainalysis to Provide a Compliance-focused Custody Solution for Financial Institutions

Hex Trust, the leading digital asset custodian for the banking sector, today announced its partnership with Chainalysis, the blockchain analysis company

How the First ESG Blockchain Is Doing It Right?

How the First ESG Blockchain Is Doing It Right?

While other blockchains are mainly interested in end crypto users, Telos focuses on solving development problems. This op-ed discusses how blockchain company in response to ESG issues in the business world.

Kimchi premium refers to when the price of BTC cheaper

Kimchi premium refers to when the price of BTC cheaper

CryptoQuant data shows that South Korea's Kimchi premium has fallen again, fluctuating between -0.24 and 0.01 between Feb. 17 and 19.

Staked Ethereum Surpasses Mined ETH

Staked Ethereum Surpasses Mined ETH

Ethereum locked in the ETH 2.0 deposit contract continues to outway the one being mined on a daily basis, which is a bullish sign.

South Korea Targets Crypto Major Shareholders with Proposed Financial Law Amendment

South Korea Targets Crypto Major Shareholders with Proposed Financial Law Amendment

South Korea is taking steps to scrutinize the criminal records of major shareholders in cryptocurrency businesses. A proposed amendment to the Special Financial Information Law aims to bring the crypto market under a regulatory framework similar to traditional finance. If passed, the law would require existing crypto businesses to report details about their major shareholders within three months.

Blockchain.com is refute rumors that they are selling assets

Blockchain.com is refute rumors that they are selling assets

Blockchain.com denies selling assets or subsidiaries.

Moody warns of stablecoin adoption risk

Moody warns of stablecoin adoption risk

Moody's Investors Service has warned that the recent turmoil in the traditional banking sector and USDC losing its peg could negatively impact stablecoin adoption and increase calls for regulation. The credit rating agency believes that fiat-backed stablecoins like USDC could face new resistance, limiting their stability and potentially causing a run on banks holding Circle's assets, which could lead to the depegging of other stablecoins.

US DOJ Revises Probe into Tether Regarding Bank Fraud - Report

US DOJ Revises Probe into Tether Regarding Bank Fraud - Report

According to a Bloomberg report, the DOJ has reopened a probe into Tether to see if it violated US banking laws

Stripe Launches USDC Payments via Polygon

Stripe Launches USDC Payments via Polygon

Stripe has begun providing businesses with the ability to pay their customers in crypto through USDC stablecoin.

Genesis Global Capital Moves to Liquidate $1.6 Billion in Grayscale Trusts Amid Bankruptcy

Genesis Global Capital Moves to Liquidate $1.6 Billion in Grayscale Trusts Amid Bankruptcy

Genesis Global Capital has petitioned the U.S. Bankruptcy Court to sell off its Grayscale Bitcoin, Ethereum, and Ethereum Classic Trust holdings, totaling approximately $1.6 billion. This strategic liquidation aims to maximize creditor repayments amidst potential market volatility, following a recent SEC settlement.

U.S. Moves to Combat Deepfake Pornography with the Preventing Deepfakes of Intimate Images Act

U.S. Moves to Combat Deepfake Pornography with the Preventing Deepfakes of Intimate Images Act

Representative Joe Morelle introduces the Preventing Deepfakes of Intimate Images Act, a bipartisan legislation criminalizing the creation and distribution of non-consensual deepfake pornography, primarily affecting women and girls.

Huobi Global Faces Mounting Challenges: Trademark Dispute, Legal Troubles, and Operations Suspension

Huobi Global Faces Mounting Challenges: Trademark Dispute, Legal Troubles, and Operations Suspension

Huobi Global, a prominent cryptocurrency exchange, is encountering significant challenges on multiple fronts, encompassing a trademark dispute, allegations of fraud against a key person, and an order to halt its operations in Malaysia.

Virgin Galactic CEO Rejects Coronavirus Bitcoin Bull Theory as “Idiotic”

Virgin Galactic CEO Rejects Coronavirus Bitcoin Bull Theory as “Idiotic”

Virgin Galactic CEO, Chamath Palihapitiya has dismissed the notion that the disruption to traditional markets caused by the coronavirus will serve as the catalyst for a major Bitcoin and cryptocurrency bull run.

Elon Musk developing AI startup to rival OpenAI

Elon Musk developing AI startup to rival OpenAI

Elon Musk is creating a new AI startup to compete with OpenAI, assembling a team of researchers and engineers while in talks with investors for the upcoming venture.

Tether's $1 Billion USDT Minting Stirs Debate: Inventory Replenishment or Market Manipulation?

Tether's $1 Billion USDT Minting Stirs Debate: Inventory Replenishment or Market Manipulation?

Tether's recent billion-dollar minting for inventory replenishment has sparked debates on transparency, impact, and potential market influences, despite significant growth.

CFTC Commissioner Brian Quintenz: US SEC Has No Authority Over Cryptocurrencies

CFTC Commissioner Brian Quintenz: US SEC Has No Authority Over Cryptocurrencies

The recent heated debate between the US SEC officials and the CFTC over who should police crypto tokens highlights the difficulty in applying existing regulations to the nascent sector.

Seychelles Crypto Exchange OKX to Expand Services to Australia

Seychelles Crypto Exchange OKX to Expand Services to Australia

OKX, the Seychelles-based crypto exchange, plans to expand its services to Australia due to the country's strong uptake of cryptocurrency. The exchange sees Australia as an essential part of its growth strategy and intends to build a strong local office.

Grayscale Offshoot GDLC Becomes an SEC Reporting Outfit

Grayscale Offshoot GDLC Becomes an SEC Reporting Outfit

An offshoot of Grayscale, the Grayscale Digital Large Cap Fund is now an SEC reporting outfit, per the firm's latest announcement.

Custodia Bank CEO Caitlin Long Slams Regulators

Custodia Bank CEO Caitlin Long Slams Regulators

The Custodia Bank CEO joins other crypto leaders in criticizing Washington's "regulation by enforcement" strategy.

Trust Wallet Discloses Security Flaw Resulting in $170k Loss

Trust Wallet Discloses Security Flaw Resulting in $170k Loss

Crypto wallet Trust Wallet has reported a security vulnerability, resulting in almost $170k in losses for some users. The vulnerability has been fixed after Trust Wallet found out about it through its bug bounty program.

Binance to Convert Users’ USDC Into Its Own Stablecoin

Binance to Convert Users’ USDC Into Its Own Stablecoin

Binance said the move aims to improve liquidity and capital efficiency for customers.

Neuberger Berman Wins SEC Approval to Invest 5% Commodities Fund in Bitcoin Futures

Neuberger Berman Wins SEC Approval to Invest 5% Commodities Fund in Bitcoin Futures

Neuberger Berman has announced that its commodities fund can invest in Bitcoin futures and Bitcoin exchange-traded funds.

AI Breakthrough: Devin, the Self-Programming Software Engineer, Raises Eyebrows in Tech

AI Breakthrough: Devin, the Self-Programming Software Engineer, Raises Eyebrows in Tech

Cognition Labs' Devin AI, capable of autonomously coding and solving complex software tasks, ignites debate over the future of software engineering.

Trial between Hermes and NFT Artist Mason Rothschild set to go ahead

Trial between Hermes and NFT Artist Mason Rothschild set to go ahead

Hermès and digital artist Mason Rothschild's lawsuit is a "momentous turning point for Web3 and digital products."

US Television Network Provider Dish Aims to Track and Stop Piracy Using New Blockchain Systems

US Television Network Provider Dish Aims to Track and Stop Piracy Using New Blockchain Systems

In recent years with subscribers moving to newer forms of media, including internet-based streaming services such as Netflix, Dish has struggled to maintain its customer base, with 381,000 subscribers lost in 2018’s Q4.

Blockchain for Gun Control in the US: The Great American Dilemma

Blockchain for Gun Control in the US: The Great American Dilemma

Columbine, 1999. Sandy Hook, 2012, Las Vegas, 2017. Aurora, 2019. The list of mass shootings in the United States grows larger and deadlier every year. Blockchain can address the technological challenge of gun control, but a radical shift in American society's stance on guns is paramount.

Custodia Bank's Application to Join Federal Reserve Rejected

Custodia Bank's Application to Join Federal Reserve Rejected

Custodia, a digital asset bank, was denied membership in the Federal Reserve System.

Russia’s Central Bank Makes U Turn about Crypto Usage in International Payments

Russia’s Central Bank Makes U Turn about Crypto Usage in International Payments

As a change of tune, Russia’s central bank is relieving its previous tough stance about cryptocurrencies by allowing their usage in international payments, as reported by Reuters.

Binance NFT to Delist Assets With Low Trading Volume

Binance NFT to Delist Assets With Low Trading Volume

NFT listings on Binance have been tightened. NFTs listed on Binance before Oct. 2, 2022, with an average daily trading volume under $1,000 will be delisted. NFT artists may only manufacture five digital collectibles each day after that.

US Authorities Uncover Chinese-linked Bitcoin Mining Operations

US Authorities Uncover Chinese-linked Bitcoin Mining Operations

US authorities have identified a significant number of Chinese-linked Bitcoin mining operations across the United States, sparking national security concerns. Published by The New York Times on October 13, the report highlights the close proximity of some of these operations to critical military and infrastructure sites. Amidst escalating US-China political tensions, the surge in Chinese Bitcoin mining operations in the US, coupled with their substantial energy consumption, poses critical questions regarding cybersecurity, energy sustainability, and geopolitical dynamics.

AdvisorShares Files for US Bitcoin Futures ETF

AdvisorShares Files for US Bitcoin Futures ETF

AdvisorShares investment manager becomes the latest firm to file an application for a Bitcoin futures ETF.

Russian Central Bank Bars Mutual Funds from Investing in Cryptocurrencies

Russian Central Bank Bars Mutual Funds from Investing in Cryptocurrencies

Under the new ban, Russia’s mutual fund companies must not invest in crypto assets.

The California DMV is set to digitize car titles and title transfers

The California DMV is set to digitize car titles and title transfers

The project modernises the DMV's record-keeping and reduces fraud by dealers selling defective autos.

The U.S. Government Should Not be Involved in Regulating Crypto: Elon Musk

The U.S. Government Should Not be Involved in Regulating Crypto: Elon Musk

Elon Musk, speaking at the Code Conference in Beverly Hills, California, said the government should steer clear of regulating the nascent crypto ecosystem.

German Banks Authorized for Crypto Custody and Sales in 2020

German Banks Authorized for Crypto Custody and Sales in 2020

In 2020, German banks will be legislatively authorized to sell and provide custody of cryptocurrencies as reported by German newspaper Handelsblatt.

Will Bitcoin Survive? IMF Predicts Worst Economy Since "Great Depression" in Aftermath of COVID-19 Global Lockdown

Will Bitcoin Survive? IMF Predicts Worst Economy Since "Great Depression" in Aftermath of COVID-19 Global Lockdown

The International Monetary Fund (IMF) has released its quarterly World Economic Outlook for 2020 which paints a bleak picture on how the disruptive economic effects of the COVID-19 virus global quarantine measures, dubbed the ‘Great Lockdown’, will continue to cripple the markets long after the pandemic ends.

U.S. Federal prosecutors allege that Sam Bankman-Fried has used money from FTX exchange to invest in the VC

U.S. Federal prosecutors allege that Sam Bankman-Fried has used money from FTX exchange to invest in the VC

SBF contributed $400 million in Modulo Capital. Prosecutors believe Modulo investment was made using stolen or illegal funds.

Stablecoins to be Issued by Licensed Banks and Trust Companies in New Japanese Law

Stablecoins to be Issued by Licensed Banks and Trust Companies in New Japanese Law

In a move to protect investors, Japan’s parliament has passed a bill classifying stablecoins as digital money that must be connected to the nation’s currency, yen, or another legal tender.

US Court Approves Sealed Settlement in BlockFi vs. 3AC Dispute

US Court Approves Sealed Settlement in BlockFi vs. 3AC Dispute

A US judge approved a confidential settlement between BlockFi and Three Arrows Capital, aiming to resolve financial disputes without further litigation. The details remain sealed to protect sensitive information amidst BlockFi's bankruptcy proceedings and its implications on the broader crypto market.

Elon Musk Weighs in on Sam Bankman-Fried Post FTX Meltdown

Elon Musk Weighs in on Sam Bankman-Fried Post FTX Meltdown

Elon Musk said he did not believe FTX's former CEO, Sam Bankman-Fried did not have the capacity to invest in Twitter

Digital Currencies Impede US Treasury Sanction Efforts, Report says

Digital Currencies Impede US Treasury Sanction Efforts, Report says

The United States Treasury Department revealed that digital currencies pose a critical impediment to sanctions strategy and policies.

Binance Loans Adds AXS, PENDLE, PAXG, RNDR, and USDC to Flexible Rate Options

Binance Loans Adds AXS, PENDLE, PAXG, RNDR, and USDC to Flexible Rate Options

Binance adds Axie Infinity, PAX Gold, Pendle, Render, and USD Coin to its Flexible Rate Loans offerings, enhancing its financial services suite.

Coinbase Hires Former Snapchat Indian Executive to Lead Emerging Markets Business

Coinbase Hires Former Snapchat Indian Executive to Lead Emerging Markets Business

Coinbase has been beefing up a team focusing on emerging markets in other areas of the globe.

Tron's Justin Sun Acquires 4145 BTC for $152.8M

Tron's Justin Sun Acquires 4145 BTC for $152.8M

Justin Sun has acquired 4145 Bitcoin with $152,818,183 at an average price of $36,868.

Changpeng Zhao Clarifies Binance's Investment in Collapsed Terra

Changpeng Zhao Clarifies Binance's Investment in Collapsed Terra

Changpeng Zhao has come out to clarify the investments the trading platform has in the Terra ecosystem in what appears as a response to false claims going around on Twitter.

Binance Invests $200M in Forbes ahead of SPAC IPO

Binance Invests $200M in Forbes ahead of SPAC IPO

Crypto exchange Binance is investing as much as $200 million in Forbes, through a new venture that will see the media unicorn go public listing in a merger with SPAC Magnum Opus.

Algorand's Blockchain Based COVID-19 Global Survey Shares Real-Time Public Pandemic Data

Algorand's Blockchain Based COVID-19 Global Survey Shares Real-Time Public Pandemic Data

Algorand, the first pure proof-of-stake (POS) blockchain created by cryptography pioneer and Turing award winner Silvio Micali, has launched a global Coronavirus (Covid-19) survey. The company published a blog post on March 27 announcing its ‘IReportCovid’ survey app. The aim of the survey is to compile a public database to share information on the spread, status, and symptoms of the COVID-19 pandemic and give updates in “real-time.”

Russian Banks Seeks Help from China's UnionPay amid Crackdown from Mastercard & Visa

Russian Banks Seeks Help from China's UnionPay amid Crackdown from Mastercard & Visa

In a bid to mitigate the strain on the users of these payment service providers, the Russian Central Bank said some of its indigenous financial institutions are looking at integrating UnionPay.

Microsoft Copilot: SMEs with Affordable AI Integration

Microsoft Copilot: SMEs with Affordable AI Integration

Microsoft's introduction of Copilot AI for SMEs, with individual subscriptions at $20 and business plans at $30 per month, brings advanced AI capabilities, including GPT-4 Turbo, to small and medium-sized businesses, enhancing productivity and decision-making.

Okcoin Halts U.S. Dollar Deposits After Signature Bank Shutdown

Okcoin Halts U.S. Dollar Deposits After Signature Bank Shutdown

Okcoin has paused its U.S. dollar wire and ACH deposits due to the regulatory intervention in Signature Bank, Okcoin’s primary partner for customer transactions in dollars. The suspension extends to over-the-counter services, credit card transactions, and trading USD-crypto trading pairs. However, all corporate and customer funds are safe, and USD withdrawal is not affected. The processing pace will be subject to bank operation. All crypto deposit and withdrawal functions remain intact, including those of U.S. dollar-pegged stablecoins.

SEC Scholars Program Opens Applications for Fall 2023 Internship

SEC Scholars Program Opens Applications for Fall 2023 Internship

The SEC is accepting applications for its Scholars Program for Fall 2023. The program offers internships for undergraduate and graduate students in business and legal programs. The traineeships are paid and range from $15.09 to $35.27 per hour. The SEC encourages students with an interest in blockchain, computer science, and cybersecurity to apply.

The Judge Decides Celsius Owns Money In Earn Accounts, Allowing Stablecoin Selling

The Judge Decides Celsius Owns Money In Earn Accounts, Allowing Stablecoin Selling

On January 4, Reuters reported that US investigators had told a court that they were taking assets tied to FTX and its former CEO, Sam Bankman-Fried. The document included 468 million dollars' worth of Robinhood shares, valued 56 million at the time. The report was released a day after a court ordered SBF to stop accessing FTX and Alameda-related bitcoin and assets.

Danish FSA Orders Saxo Bank to Divest Crypto Holdings, Indicating Tightening Regulation

Danish FSA Orders Saxo Bank to Divest Crypto Holdings, Indicating Tightening Regulation

The Danish Financial Supervisory Authority (Finanstilsynet) on July 4, 2023, issued a directive to Saxo Bank, instructing the financial institution to divest its holdings in cryptoassets. This move is based on the current legal framework, which prohibits banks from trading cryptoassets for their own account.

FTX Completes $420M Series B-1 Funding Round at $25B Valuation

FTX Completes $420M Series B-1 Funding Round at $25B Valuation

FTX Derivatives Exchange has completed a $420.69 million Series B-1 funding with participation from top investors.

Calibra Head David Marcus Declares Libra as the Most Secure Payment Network

Calibra Head David Marcus Declares Libra as the Most Secure Payment Network

David Marcus, Head of Calibra, the digital wallet for Facebook’s Libra stablecoin explained at Money 20/20 conference in Las Vegas about how the network aims to transform the traditional payments industry.

Just four men controlled 86% of stablecoin issuer Tether Holdings Limited

Just four men controlled 86% of stablecoin issuer Tether Holdings Limited

The Wall Street Journal reported that four persons owned 86% of Tether Holdings Limited in 2018.

DeFi Yield Protocol Rebrands as Dypius to Help Users Embrace Metaverse Opportunities

DeFi Yield Protocol Rebrands as Dypius to Help Users Embrace Metaverse Opportunities

After experiencing success in the crypto space, DeFi Yield Protocol announces a complete rebranding to Dypius. The experienced team conducted several months’ worth of research to come up with the best way to represent what they had evolved into over the years. Dypius has the suffix of the nebulae in the galaxy. Nebulas are the formations of gas, dust, and other materials that "clump" together to form denser regions in the universe. They attract further matter and eventually become dense enough to form stars, planets, and planetary system objects. Dypius is the place of creation of stars, planets, and life. This is Dypius, a place to create and shape the future!

Former Ripple Partner MoneyGram Allows Customers to Sell and Purchase Cryptocurrency at 20,000 US Locations

Former Ripple Partner MoneyGram Allows Customers to Sell and Purchase Cryptocurrency at 20,000 US Locations

MoneyGram has partnered with Coinme to let customers buy cryptocurrency and withdraw it from physical locations in the United States.

Credit Giant MasterCard Grants Wirex First Principal Membership License

Credit Giant MasterCard Grants Wirex First Principal Membership License

Wirex has become the first native cryptocurrency platform to be granted a principal membership license from credit giant Mastercard as part of their accelerated expansion into digital assets.

Fidelity to Offer Crypto Trading to Retail Customers

Fidelity to Offer Crypto Trading to Retail Customers

The potential launch would come after Fidelity enabled its corporate clients in April to add the world's largest cryptocurrency to their managed 401(k) retirement plans.

Ripple Expands Digital Asset Custody with Acquisition of Standard Custody & Trust Company

Ripple Expands Digital Asset Custody with Acquisition of Standard Custody & Trust Company

Ripple acquires Standard Custody & Trust Company, strengthening its position in institutional digital asset custody market, enhancing regulatory portfolio and service offerings.

Titan Unveils Actively Managed Crypto Investment Products for US Investors

Titan Unveils Actively Managed Crypto Investment Products for US Investors

Titan has entered into the crypto landscape, thus joining the likes of PayPal, Robinhood, and others in efforts to get involved in the crypto sector.

Republican Senator Cynthia Lummis Bought Bitcoin for Value Store and Censorship Resistance

Republican Senator Cynthia Lummis Bought Bitcoin for Value Store and Censorship Resistance

Republican Senator Cynthia Lummis is now bullish on Bitcoin, promises to educate her colleagues in Congress on Bitcoin, Financial innovation

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.

US Government to Sell Seized Silk Road Bitcoin

US Government to Sell Seized Silk Road Bitcoin

The US government plans to liquidate over 41,000 Bitcoin seized in the case against Silk Road creator Ross Ulbricht. The Bitcoin is expected to be sold in four more batches over the course of the year.

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.

Ripple CEO Brad Garlingouse Speaks Against Bitcoin 'Tribalism'

Ripple CEO Brad Garlingouse Speaks Against Bitcoin 'Tribalism'

Ripple CEO Brad Garlinghouse believes the culture of “tribalism” in which some people support only one digital asset is dragging the growth of the cryptocurrency industry.

Unchained Forms Strategic Alliance with Bakkt to Enhance Bitcoin Custody Network

Unchained Forms Strategic Alliance with Bakkt to Enhance Bitcoin Custody Network

Unchained and Bakkt have partnered to enhance their Collaborative Custody Network, enhancing their capacity to secure over $3 billion in bitcoin assets.

EU’s Latest Coronavirus Recovery Deal: What’s Wrong with Fiat and What’s Right with Crypto

EU’s Latest Coronavirus Recovery Deal: What’s Wrong with Fiat and What’s Right with Crypto

The recovery fund spearheaded by the EU is made up of €390 billion in grants and €360 billion in loans, which will be added to a new Multiannual Financial Framework (MFF), with the sum of €1.074 trillion as a seven-year budget. The heads of state and government have reached a unanimous agreement, resulting in a total financial package of €1.82 trillion.

U.S. sanctions: Customers suing Compass Mining

U.S. sanctions: Customers suing Compass Mining

Compass Mining customers are suing for $2 million for fraud. The firm terminated connections with Russian hosting provider Bit River and didn't restore clients' Bitcoin machines. It cut connections with Bit River over non-applicable US sanctions.

Hut 8 Mining Corporation Ramps Up Fight Against Power Supplier

Hut 8 Mining Corporation Ramps Up Fight Against Power Supplier

Hut 8 Mining sued Ontario over power supply to a newly built crypto mining plant.

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.

ACC Sues Meta Alleging Scam Crypto Ads

ACC Sues Meta Alleging Scam Crypto Ads

Australia’s competition watchdog sued Meta Friday, alleging scam advertisement of cryptocurrency investments by asking local celebrities to promote them on its social media platform.

Mastercard Amplifies Artist Exposure with Season 2 of Accelerator and Live Tour

Mastercard Amplifies Artist Exposure with Season 2 of Accelerator and Live Tour

Mastercard's Artist Accelerator enters its second season, collaborating with OnesToWatch to empower emerging artists with live tours and Web3 tech mentorship.

Celsius' Official Creditor Committee Denies Rejected Bids

Celsius' Official Creditor Committee Denies Rejected Bids

Celsius Official Committee of Unsecured Creditors attorneys have criticised crypto blogger Tiffany Fong for releasing information about prospective Celsius offers, saying it would hurt negotiations.

MicroStrategy CEO Michael Saylor says Bitcoin is an Idea Whose Time Has Come

MicroStrategy CEO Michael Saylor says Bitcoin is an Idea Whose Time Has Come

Michael Saylor is bullish on Bitcoin, saying the cryptocurrency is an idea whose time has come.

BlackRock iShares Bitcoin Trust (IBIT) Sees Zero Inflows, Ending 71-Day Streak

BlackRock iShares Bitcoin Trust (IBIT) Sees Zero Inflows, Ending 71-Day Streak

BlackRock's iShares Bitcoin Trust (IBIT) has experienced a significant shift in investor sentiment, with zero inflows recorded for the first time since the introduction of Bitcoin ETFs in the US. This marks the end of a 71-day streak during which the ETF consistently attracted millions of dollars in daily investments. While other Bitcoin ETFs also experienced a slowdown in inflows, Fidelity Wise Origin Bitcoin Fund and ARK 21Shares Bitcoin ETF managed to secure inflows of $5.6 million and $4.2 million respectively.

Grayscale Partners with NYSE Arca to File for Spot Ethereum ETF Conversion

Grayscale Partners with NYSE Arca to File for Spot Ethereum ETF Conversion

Grayscale Investments has collaborated with NYSE Arca to file Form 19b-4 with the U.S. Securities and Exchange Commission (SEC), aiming to convert the Grayscale Ethereum Trust into a spot Ethereum ETF. This move is a significant part of Grayscale's ongoing strategy to transition its entire range of 17 crypto investment products into ETFs. The filing follows the SEC's recent approval of the first Ethereum futures ETFs.

FTX and FTX.US Looking to Raise New Funds after Acquisition Campaign

FTX and FTX.US Looking to Raise New Funds after Acquisition Campaign

FTX Derivatives Exchange and its American subsidiary FTX.US are exploring options to raise new sets of funds after the duo injected the bulk of the funds in supporting distressed crypto companies.

Circle Launches Corporate Account to Support USDC Transactions

Circle Launches Corporate Account to Support USDC Transactions

Circle has launched a new account service that enables corporate customers to deposit, withdraw, receive and store cryptocurrencies through their account and allow them to settle all payments in USDC stablecoins.

Bakkt to Shift Focus to B2B Technology Solutions

Bakkt to Shift Focus to B2B Technology Solutions

Bakkt said it would continue to provide crypto and loyalty experiences via SaaS and API solutions on a secure platform.

Fintech Firm Bitlocus to Launch Crypto-Friendly Visa Debit Cards

Fintech Firm Bitlocus to Launch Crypto-Friendly Visa Debit Cards

The card will enable Bitlocus customers to transact their crypto holdings while also using the resulting funds anywhere Visa is accepted.

Here Are the Top Three DeFi Gains of the Week: SUSHI, UNI, and AAVE

Here Are the Top Three DeFi Gains of the Week: SUSHI, UNI, and AAVE

A look into the DeFi markets shows that SushiSwap's SUSHI, Uniswap's UNI, and Aave's AAVE token experienced the most growth in the past week.

Yellen Selects Fed Associate Director Michael Hsu to Succeed Brian Brooks at OCC

Yellen Selects Fed Associate Director Michael Hsu to Succeed Brian Brooks at OCC

US Treasury Secretary Janet Yellen announced her intention to nominate Fed Associate Director Michael Hsu to take charge as the new acting Comptroller of Currency.

JPMorgan Hires Former Celsius Network Executive Aaron Iovine As Crypto Regulatory Policy Head

JPMorgan Hires Former Celsius Network Executive Aaron Iovine As Crypto Regulatory Policy Head

Newly hired Aaron Iovine will help build out JPMorgan’s regulatory team

Ripple's Brad Garlinghouse Maintains SEC Chair's Stance on Crypto is Not Clear

Ripple's Brad Garlinghouse Maintains SEC Chair's Stance on Crypto is Not Clear

Ripple CEO Brad Garlinghouse has maintained that the SEC boss did not clarify crypto laws at his hearing with the US Senate.

Billionaires and Bitcoin: Stan Druckenmiller’s Alarming Warning on Stocks While Paul Tudor Jones Remains Bullish on Bitcoin

Billionaires and Bitcoin: Stan Druckenmiller’s Alarming Warning on Stocks While Paul Tudor Jones Remains Bullish on Bitcoin

Billionaire Stanley Druckenmiller said during a webcast held by The Economic Club of New York that the risk-reward calculation for equities is the worst he has ever seen in his career. The billionaire expressed his doubts about the US equities’ possibility of logging a V-shaped recovery. He added that government stimulus programs will not be enough for the economic recovery post-pandemic. Druckenmiller believes that cash liquidity required to pump assets that are considered risky will shrink shortly as the US Treasury will soon end the private economy which could overwhelm the Fed purchases through borrowing consistently.

Ukrainian Government Accepts Polkadot DOT Donations, Expanding Crypto Donations Over $30M

Ukrainian Government Accepts Polkadot DOT Donations, Expanding Crypto Donations Over $30M

Ukraine expands over $30M crypto donation program and accepts Polkadot’s DOTs after Russian army invasion.

UK Seeks to Recognize Bitcoin and Crypto as Regulated Financial Instruments

UK Seeks to Recognize Bitcoin and Crypto as Regulated Financial Instruments

The UK Parliament recently voted to regulate Bitcoin and crypto assets as financial products

Vitalik Buterin Advises Caution in Expanding Ethereum Consensus Roles

Vitalik Buterin Advises Caution in Expanding Ethereum Consensus Roles

Ethereum co-founder Vitalik Buterin has published a thought-provoking blog post cautioning the blockchain community about the hazards of overextending Ethereum's consensus mechanism beyond its central functions of block validation and network security.

Australia Securities Exchange Moves For Blockchain Technology, CHI-X Calls For More Regulatory Supervisions

Australia Securities Exchange Moves For Blockchain Technology, CHI-X Calls For More Regulatory Supervisions

Australia Securities Exchange (ASX) plans to switch to distributed ledger technology by April 2021, replacing its clearing system, registry, and settlement with the technology for the sole purpose of cutting costs for customers.

Former Student of SEC Chairman Weighs in on Binance and Coinbase Lawsuits

Former Student of SEC Chairman Weighs in on Binance and Coinbase Lawsuits

Former MIT Sloan School of Management student and teaching assistant for Gary Gensler, known only as 'Kenny' on Twitter, has offered insights into the recently filed lawsuits against Binance and Coinbase by the Securities and Exchange Commission (SEC), as well as his personal journey into the world of blockchain and crypto.

Ripple CEO: Global Governments Now See Blockchain Solution to Addressing Transparency and Settlement

Ripple CEO: Global Governments Now See Blockchain Solution to Addressing Transparency and Settlement

Brad Garlinghouse, Ripple CEO, believes most governments consider blockchain technology a game-changer as it solves frictions like transparency and settlement that were a headache in yesteryears.

Government-Owned Swiss Bank to Provide Custodial Services for Cryptocurrencies

Government-Owned Swiss Bank to Provide Custodial Services for Cryptocurrencies

With the readiness of government-backed Swiss bank, bank Basler Kantonalbank (BKB) to offer crypto custodial services, the financial service sector is an inch closer to driving mainstream adoption of blockchain technology

How Jailbreak Attacks Compromise ChatGPT and AI Models' Security

How Jailbreak Attacks Compromise ChatGPT and AI Models' Security

Recent studies reveal the vulnerabilities of large language models like GPT-4 to jailbreak attacks. Innovative defense strategies, such as self-reminders, are being developed to mitigate these risks, underscoring the need for enhanced AI security and ethical considerations.

Ishan Wahi pleads guilty to two counts of conspiracy to commit wire fraud

Ishan Wahi pleads guilty to two counts of conspiracy to commit wire fraud

After pleading guilty to two charges of conspiracy to conduct wire fraud, former Coinbase product manager Ishan Wahi will spend at least three years.

Qraft Technologies and Hex Trust Forge AI-Driven Partnership to Revolutionize Digital Asset Investment Landscape

Qraft Technologies and Hex Trust Forge AI-Driven Partnership to Revolutionize Digital Asset Investment Landscape

Qraft Technologies partners with Hex Trust, leveraging AI to enhance digital asset investments. The alliance aims to bridge traditional and digital asset management, optimizing cryptocurrency portfolios.

Bitget Wallet Surpasses 20M Users, Solidifying Position in Global Web3 Arena

Bitget Wallet Surpasses 20M Users, Solidifying Position in Global Web3 Arena

Bitget Wallet achieves a landmark 20 million users, becoming the fourth-largest Web3 wallet globally, with its unique offerings and strategic innovations.

Mitsubishi UFJ Trust Bank and Ginco Collaborate to Offer Japan's First Crypto Asset Trust Services

Mitsubishi UFJ Trust Bank and Ginco Collaborate to Offer Japan's First Crypto Asset Trust Services

Mitsubishi UFJ Trust Bank and Ginco are partnering to provide Japan's first-ever trust services for crypto assets, in line with Japan's Payment Services Act and tax reforms.

Binance Expects Fines in U.S. Investigations

Binance Expects Fines in U.S. Investigations

Binance intends to pay U.S. authorities for past compliance inquiries and crimes.

Genesis Files for Chapter 11 Bankruptcy

Genesis Files for Chapter 11 Bankruptcy

Genesis has estimated assets and liabilities of $1 billion to $10 billion. The company is considering a "dual track procedure" to sell, raise funds, or equitize. After FTX and other crypto-exchanges collapsed, the business halted withdrawals in November 2022. Genesis' parent firm DCG may sell part of its $500 million venture capital portfolio to cover its obligations.

EU Council Expands Sanctions on Crypto Wallets, Targeting Russian Officials

EU Council Expands Sanctions on Crypto Wallets, Targeting Russian Officials

The European Union Council has imposed another round of sanctions on Russia with an extended ban on crypto-focused transactions for already blacklisted Russian individuals and their relatives.

OKEx Founder Star Xu Arrested After Crypto Exchange Suspends Withdrawals

OKEx Founder Star Xu Arrested After Crypto Exchange Suspends Withdrawals

Following the sudden suspension of OKEx's withdrawal services, it has been reported that the exchange's founder Star Xu has been taken into police custody.

Binance shuts down accounts in relation to Bitzlato investigation

Binance shuts down accounts in relation to Bitzlato investigation

The U.S. Department of Justice announced action against Binance, which blocked accounts due to the Bitzlato probe.

OKX Discloses Monthly Proof of Reserves, Holding $10.4 Billion in BTC, ETH, and USDT

OKX Discloses Monthly Proof of Reserves, Holding $10.4 Billion in BTC, ETH, and USDT

OKX, a global cryptocurrency exchange, has reported a $10.4 billion holding in primary assets like Bitcoin, Ethereum, and Tether, with 84% of respondents praising the exchange's transparency and reserve ratios.

Blockchain Platform Owned by Russia’s Richest Man Gets Greenlight to Tokenize Air Tickets

Blockchain Platform Owned by Russia’s Richest Man Gets Greenlight to Tokenize Air Tickets

Vladimir Potanin, arguably the richest man in Russia, has been granted permission to offer digital tokens to book air tickets, purchase metals, and transfer ski passes using his blockchain platform dubbed Atomyze. The much-needed go-ahead was given by the nation’s central bank last week based on Potanin’s urge to tokenize commodities from a consumer perspective.

Crypto Trading in India Soared by 400% During COVID-19 Lockdown

Crypto Trading in India Soared by 400% During COVID-19 Lockdown

With the ongoing COVID-19 pandemic, India’s cryptocurrency trading industry has seen an increase of 400 percent over the last few months.

Revolut CEO Breaks Silence on Russian-Ukraine War, Condemns Violence

Revolut CEO Breaks Silence on Russian-Ukraine War, Condemns Violence

The Chief Executive Officer of a digital banking app Revolut Nikolay Storonsky has condemned the Russian invasion of Ukraine and will donate up to £1.5 million per day to Red Cross Ukraine for the next seven days.

$100 Million of Tether Swapped from Tron Network to Ethereum Blockchain

$100 Million of Tether Swapped from Tron Network to Ethereum Blockchain

$100 million worth of Tether (USDT) has been transferred from the Tron network, a blockchain-based decentralized operating system, to the Ethereum blockchain.

NEAR Protocol Partners with ZEP to Enhance Metaverse User Onboarding

NEAR Protocol Partners with ZEP to Enhance Metaverse User Onboarding

NEAR Protocol and South Korea's ZEP are partnering to improve user onboarding and enhance Web3 capabilities, using NEAR's blockchain network and ZEP's metaverse platform.

US Treasury Updates FAQ on Sanctioned Tornado Cash

US Treasury Updates FAQ on Sanctioned Tornado Cash

The Treasury Department assured the public that no one will be prosecuted for sharing the codes of Tornado Cash and that they can be used in an educational setting.

Ripple Executives Cleared of SEC Charges in Landmark Decision

Ripple Executives Cleared of SEC Charges in Landmark Decision

In a major development, Ripple CEO Brad Garlinghouse and Executive Chairman Chris Larsen were cleared of all charges by the U.S. Securities and Exchange Commission (SEC). This is the third legal victory for the executives and Ripple, leaving the crypto industry questioning the SEC's approach.

Why is the Bitcoin Price Correlation with the Stock Market Currently High?

Why is the Bitcoin Price Correlation with the Stock Market Currently High?

Unlimited Quantitative Easing has had the most significant impact on the stock and crypto market, meaning both markets have a strong correlation with monetary policy.

OKX Liquid Marketplace Records Over USD1 Billion in Institutional Trading Volume in 2023

OKX Liquid Marketplace Records Over USD1 Billion in Institutional Trading Volume in 2023

OKX, the second-largest crypto exchange by trading volume and a leading Web3 technology company, today announced that its Liquid Marketplace, an on-demand liquidity network tailored for institutional traders, exceeded USD1 billion in trading volume in 2023.

BitMEX Co-Founder Proposes Bitcoin-Backed Stablecoin

BitMEX Co-Founder Proposes Bitcoin-Backed Stablecoin

Arthur Hayes, the co-founder and former CEO of BitMEX, has proposed creating a new stablecoin called the Satoshi Nakamoto Dollar (NUSD) or NakaDollar. Unlike major reserve-backed U.S. dollar-pegged stablecoins, the proposed NakaDollar would be pegged to the sum of $1 worth of Bitcoin and one inverse perpetual swap of BTC against USD, without relying on any USD reserves. The stablecoin's peg to the U.S. dollar would be maintained via mathematical transactions between the new decentralized autonomous organization (DAO) authorized participants and derivatives exchanges.

US Financial Regulators Aiming at How Banks Could Hold Bitcoin & Crypto Assets, Says FDIC Chairperson

US Financial Regulators Aiming at How Banks Could Hold Bitcoin & Crypto Assets, Says FDIC Chairperson

Jelena McWilliams, the chairperson of the Federal Deposit Insurance Corporation (FDIC), has revealed that US financial Regulators are creating clearer regulations on how banks can engage in activities involving cryptocurrencies.

Tether's Blockchain Ecosystem Continues to Grow with USDT Launch on Bitcoin Cash Network

Tether's Blockchain Ecosystem Continues to Grow with USDT Launch on Bitcoin Cash Network

Tether’s USDT token, the world’s largest stablecoin by marketcap, has launched on the Bitcoin Cash network. USDT is also available on Algorand, EOS, Tron, Omni and the Liquid Network.

Goldman Sachs Reportedly Raising Funds to Acquire Celsius Assets by $2 bn, Report says

Goldman Sachs Reportedly Raising Funds to Acquire Celsius Assets by $2 bn, Report says

American multinational investment bank, Goldman Sachs Group Inc, has shown interest in buying up embattled crypto lender Celsius Network.

TrueUSD (TUSD) Strives to Resume Minting with Prime Trust

TrueUSD (TUSD) Strives to Resume Minting with Prime Trust

In recent updates, the TrueUSD (TUSD) team has announced that they are actively engaged in efforts to resume TUSD minting on Prime Trust. This announcement was made following an unexpected pause in TUSD minting via Prime Trust, an event that took place on June 10.

Allbridge Recovers $465,000 Stolen in Crypto Exploit

Allbridge Recovers $465,000 Stolen in Crypto Exploit

Allbridge has recovered $465,000 worth of cryptocurrency stolen in a recent exploit, after the attacker apparently took the project's offer for a white hat bounty and returned the funds. The stolen funds were converted to Binance USD and used as compensation. Allbridge had previously offered the attacker a chance to escape legal repercussions and receive a bounty for finding vulnerabilities. The project has yet to publicly disclose the total amount stolen but blockchain security firms estimate it to be close to $550,000.

European Central Bank President: Coronavirus Has Accelerated Digital Currency Adoption

European Central Bank President: Coronavirus Has Accelerated Digital Currency Adoption

COVID-19 has led to an acceleration in digital payments adoption and technological innovation, as seen by the spending pattern of European citizens.

China Plays Top Crypto Whale, Followed By US: Sources

China Plays Top Crypto Whale, Followed By US: Sources

Despite its harsh stance on crypto, the China government could still be holding significant amounts of Bitcoins.

Phantom Wallet CEO Ensures User Privacy Amidst Quests Feature Concerns

Phantom Wallet CEO Ensures User Privacy Amidst Quests Feature Concerns

CEO Brandon Millman of Phantom wallet reaffirms the company's commitment to user privacy and addresses concerns over the Quests feature and data handling practices.

Validator Infrastructure Developer Launches New Fund to Support Ethereum Proof-of-stake

Validator Infrastructure Developer Launches New Fund to Support Ethereum Proof-of-stake

ssv.network created a $50 million fund to encourage Ether (ETH) staking technology research. DVT, an open-source protocol, distributes validator duties over numerous nodes. Vitalik Buterin's Eth2 roadmap relied on the protocol.

Ripple Unlocks 1 Billion XRP From Escrow, XRP Trades Heavy As US Dollar Loses Value

Ripple Unlocks 1 Billion XRP From Escrow, XRP Trades Heavy As US Dollar Loses Value

Ripple has unlocked 1 billion XRP tokens and is being heavily traded as the US dollar continues to lose value.

White House Asks Regulators to Enforce Crypto Rules Citing FTX Crises

White House Asks Regulators to Enforce Crypto Rules Citing FTX Crises

White House's Press Sec Karine Jean-Pierre said the administration is monitoring the FTX saga

Suspicious Transactions Linked to Mixin Network Hack Involve Huobi and Binance

Suspicious Transactions Linked to Mixin Network Hack Involve Huobi and Binance

Cyvers Alerts has discovered suspicious transactions linked to the recent Mixin Network hack. Two hacker addresses received 51 ETH from an account that had interactions with Huobi Global and Binance. The watchdog has called on these exchanges to help identify the suspicious account as part of ongoing investigations.

Bitcoin Price Breaks Key Resistance As Pre-Election Stimulus Package Goes to Vote

Bitcoin Price Breaks Key Resistance As Pre-Election Stimulus Package Goes to Vote

The price of Bitcoin (BTC) is defying the turmoils and the uncertainty in the hopes of getting a pre-election stimulus package with its current aggressive bullish runs

OneKey Addresses Vulnerability That Allowed Hardware Wallet to be Hacked

OneKey Addresses Vulnerability That Allowed Hardware Wallet to be Hacked

White hat hackers identified weaknesses in crypto wallet OneKey's software earlier this year that allowed them to hack a hardware wallet in one second, however OneKey corrected the problem and no one was affected.

Pro-Russia Groups Evaded Sanctions With Over $2M Crypto Donations

Pro-Russia Groups Evaded Sanctions With Over $2M Crypto Donations

American blockchain analysis firm, Chainalysis, has released a detailed report on how over $2 million in cryptocurrency donations have been used to fund the Russian-wing of the war in Ukraine

US SEC Former Director Brett Redfearn Leaves Coinbase after Four Months on Leadership Role

US SEC Former Director Brett Redfearn Leaves Coinbase after Four Months on Leadership Role

Brett Redfearn, the head of capital markets at Coinbase exchange, has stepped down.

The Issuance of China's CBDC On The Horizon, According to Insiders

The Issuance of China's CBDC On The Horizon, According to Insiders

The issuance of central bank digital currencies (CBDCs) has been gaining traction as various nations have shown interest. The People’s Bank of China (PBoC), China’s central bank, has finished the development of a CBDC’s basic function and relevant laws are being drafted to set the ball rolling for its circulation.

IRS Hoping to Deanonymize Monero and ZCash Privacy Coins to Prevent Cybercrime

IRS Hoping to Deanonymize Monero and ZCash Privacy Coins to Prevent Cybercrime

The Criminal Investigation Division(CID) of the IRS are actively hiring private contractors to study and analyze privacy coins, as there has quite been a lot of fraudulent activities revolving around their usage.

USDC will integrate into Polkadot, NEAR, Base, Cosmos' Noble, and Optimism this September

USDC will integrate into Polkadot, NEAR, Base, Cosmos' Noble, and Optimism this September

Circle, the creator of USDC stablecoin, is expanding its reach to six new blockchain ecosystems, including Base, Cosmos via Noble, NEAR, Optimism, and Polkadot, solidifying its market leadership.

Grayscale Adds Five New Crypto Investment Trusts including One for Chainlink and Filecoin

Grayscale Adds Five New Crypto Investment Trusts including One for Chainlink and Filecoin

Grayscale Investments has expanded its product line by launching new investment trusts including Chainlink, Filecoin, and Basic Attention Token.

Elon Musk’s Concerns Over Bitcoin's Energy Consumption Are Misguided, Says Ark Invest

Elon Musk’s Concerns Over Bitcoin's Energy Consumption Are Misguided, Says Ark Invest

Ark Investment Management company has commented on Elon Musk’s concerns over Bitcoin mining's impact on the environment.

Baidu's Stock Tumbles Amid Military Testing Rumors of AI Chatbot Ernie

Baidu's Stock Tumbles Amid Military Testing Rumors of AI Chatbot Ernie

Reports of Baidu’s AI chatbot Ernie Bot undergoing military testing led to an 11.5% drop in its stock, reflecting investor concerns over potential U.S. sanctions and the intricate challenges facing Chinese AI companies in the global tech landscape.

SushiSwap (SUSHI) Token Price Surges Over 15% After Merger with Yearn.finance

SushiSwap (SUSHI) Token Price Surges Over 15% After Merger with Yearn.finance

SushiSwap’s SUSHI token has become the best performing asset in the past 24 hours, and the DeFi token has been able to climb nearly 60 percent in a week.

Bitcoin Eyes $12K, Experts Say It Will Surge Regardless of US 2020 Presidential Election Outcome

Bitcoin Eyes $12K, Experts Say It Will Surge Regardless of US 2020 Presidential Election Outcome

Market experts have said that Bitcoin's price will be unaffected by the outcome of the US presidential elections.

Tether Launches USDT Stablecoin on Near Network to Unlock New DeFi Products

Tether Launches USDT Stablecoin on Near Network to Unlock New DeFi Products

Tether’s USDT, the world’s largest stablecoin by market cap, is now available on the Near Network proof-of-stake blockchain.

Global Radio Station Flat.FM Introduces New Cryptocurrency on the Minter Network

Global Radio Station Flat.FM Introduces New Cryptocurrency on the Minter Network

Both at industry events and in the media, there has been an increased interest in the potential impact of blockchain technology. While debates regarding the adoption of the technology continue, a global radio station launches its own cryptocurrency to enhance its operations.

A British National Charged With Aiding North Korea in Violating US sanctions

A British National Charged With Aiding North Korea in Violating US sanctions

Despite the DoJ's crypto financial sanctions targeting Russia, local authorities helped their American colleagues.

Government Officials in Russia Expected to Declare Their Cryptocurrency Savings

Government Officials in Russia Expected to Declare Their Cryptocurrency Savings

Government officials in the Ural region of Russia are now expected to declare their savings stored in cryptocurrencies.

Nasdaq-listed Northern Trust Boosts Digital Carbon Credit with Blockchain

Nasdaq-listed Northern Trust Boosts Digital Carbon Credit with Blockchain

Nasdaq-listed Northern Trust has introduced a digital platform for institutional voluntary carbon credit transactions, utilizing private ledger digital blockchain technology. The platform aims to streamline and digitize the complex process between institutional buyers and project developers.

Celsius Network Announces Disclosure Statement for Chapter 11 Plan

Celsius Network Announces Disclosure Statement for Chapter 11 Plan

Celsius Network, a bankrupt crypto lender, has announced it will move forward with its Chapter 11 restructuring plan by filing a disclosure statement on April 12. The statement is aimed at providing "adequate information" for claim holders to vote on the proposed restructuring plan sponsored by NovaWulf. The plan proposes creating a public platform fully owned by Earn creditors called NewCo, with no involvement from Celsius founder.

Babel Finance Reaches Agreement on Modalities for Repayment of its Loans

Babel Finance Reaches Agreement on Modalities for Repayment of its Loans

Following the halt of its withdrawals amidst its inability to pay its creditors as the crypto market meltdown took a bearish turn in the past few days, Babel Finance has announced measures to ease off its immediate operational burdens.

Reserve Bank of Australia Rolls Out CBDC Pilot Project

Reserve Bank of Australia Rolls Out CBDC Pilot Project

The Reserve Bank of Australia (RBA) has launched a year-long trial to explore a central bank digital currency's (CBDC) business models and innovative use cases.

Core Scientific to Pay Outstanding Debt with Mining Machines

Core Scientific to Pay Outstanding Debt with Mining Machines

In a court filing, crypto mining firm Core Scientific stated the equipment were no longer needed for its operations and future plans.

Boyaa Interactive Advances into Cryptocurrency with a $100 Million Acquisition Mandate

Boyaa Interactive Advances into Cryptocurrency with a $100 Million Acquisition Mandate

Boyaa Interactive plans to invest $100 million in cryptocurrencies, focusing on Bitcoin, Ether, and stablecoins, while ensuring secure platforms in the volatile crypto market.

Insider Trading and Cryptocurrency

Insider Trading and Cryptocurrency

Coinbase director Conor Grogan saw Binance-linked anonymous wallet transactions. The wallets acquired unlisted tokens minutes before their listing announcement on Binance's website and sold them shortly after, sparking suspicions of crypto insider trading.

US authorities consider expanding credit line for banks

US authorities consider expanding credit line for banks

US authorities are considering expanding an emergency credit line for banks to provide First Republic Bank with a time buffer to address balance sheet concerns, according to Bloomberg sources. The bank is deemed stable enough to operate without immediate intervention.

Friend.Tech Boosts Security with CoolWallet on Base Chain

Friend.Tech Boosts Security with CoolWallet on Base Chain

Friend.tech, a decentralized social network on Base's Ethereum layer-2 chain, has seen rapid growth but also faces security risks from phishing attacks. To address this, CoolWallet has launched a Web3 Guardian competition to promote its Web3 SmartScan feature, which screens transactions for malicious behavior.

The End of Physical Cash is an Inevitable Reality and Not to be Feared Says Union Bank President

The End of Physical Cash is an Inevitable Reality and Not to be Feared Says Union Bank President

As the world tries to come to terms with the coronavirus outbreak, recently Edwin Bautista chief executive and president of UnionBank of the Philippines revealed how digital services could support consumers as they increasingly self-isolate themselves or have to work remotely for an extended timeframe. The fintech leader projected the end of cash as the coronavirus crisis provokes banks to fast track the shift towards digital. But will the end of physical cash become a reality? The trend towards cashless remains inevitable as the current events seem to accelerate this process.

SEC Chair Gary Gensler Asks Congress to Regulate Crypto Exchanges

SEC Chair Gary Gensler Asks Congress to Regulate Crypto Exchanges

Gary Gensler, the chairman of the SEC, has urged US Congress to create a regulatory framework for crypto exchanges in the United States.

ASIC Bans BitConnect National Executive for His Part in Multi-Billion Dollar Crypto Ponzi Scheme

ASIC Bans BitConnect National Executive for His Part in Multi-Billion Dollar Crypto Ponzi Scheme

Australian Securities and Investments Commission (ASIC) has officially banned a former National Representative of BitConnect from providing financial services for seven years.

Russian Crypto Advocates Urge Putin to Address Delayed Regulations

Russian Crypto Advocates Urge Putin to Address Delayed Regulations

The Russian Association of Crypto Industry and Blockchain (RACIB) has written an open letter to President Vladimir Putin urging him to address the risks of delayed cryptocurrency regulations in Russia. The letter argues that Russia has been too slow to implement legal regimes for crypto adoption and highlights the potential complications of proposed amendments to the current crypto law.

Russia’s E-Voting Blockchain Platform Attacked

Russia’s E-Voting Blockchain Platform Attacked

Russia’s blockchain e-voting platform for Vladimir Putin’s proposed Constitutional amendments reportedly suffered a node attack last weekend. The proposal is passed will allow Putin to serve as President until 2036.

7RCC Spearheads a Carbon-Neutral Bitcoin ETF for ESG-Focused Investing

7RCC Spearheads a Carbon-Neutral Bitcoin ETF for ESG-Focused Investing

7RCC has submitted a spot Bitcoin ETF with a composition of 80% Bitcoin and 20% carbon credit futures, providing a unique, carbon-neutral investment option in the crypto market.

Vader Shuts Down Stablecoin USDV

Vader Shuts Down Stablecoin USDV

The Vader protocol was an algorithmic stablecoin network that was intended to be comparable to the Terra network, however it ultimately failed. In order to ensure that $1 is always equivalent to 1 USDV, it was intended to promote arbitrages. The next half a year was spent by the Vader team scouring the internet for information on how to improve the app's security. Instead, the authors of the app have built a redemption gateway so that users may access the remainder of the app's treasure.

BlueWallet is Sunsetting Its Lightning Node Connection to Lndhub

BlueWallet is Sunsetting Its Lightning Node Connection to Lndhub

Don't worry—BlueWallet is just another step toward self-custody and lightning nodes.

Ripple Faces Trademark Lawsuit in Australia for 'PayID' Infringement

Ripple Faces Trademark Lawsuit in Australia for 'PayID' Infringement

Ripple Labs is facing a lawsuit by New Payments Platform Australia (NPPA) for allegedly violating intellectual property rights for the branding of ‘PayID’.

Belarus President Signs Free Flow Crypto Decree, Wallets to Come Under Central Register

Belarus President Signs Free Flow Crypto Decree, Wallets to Come Under Central Register

Belarusian President Alexander Lukashenko has signed a decree that will allow the free circulation of cryptocurrencies.

Police Arrests 2 Suspects Involved in 2016 Bitfinex Hack

Police Arrests 2 Suspects Involved in 2016 Bitfinex Hack

U.S. authorities have arrested a Manhattan-based couple identified as Lichtenstein and Morgan, suspected to be a part of the masterminds behind the 2016 Bitfinex exchange hack.

Scammers Target NFT Users in BLUR Token Airdrop Scam

Scammers Target NFT Users in BLUR Token Airdrop Scam

Scammers are targeting NFT users with fake BLUR token airdrop links on malicious websites, resulting in the loss of over $300,000 in ETH. Legitimate BLUR platform has been rewarding users with tokens through its three-phase airdrop incentive scheme.

Ransomware Attack Directed Towards University of California Generated 118 Bitcoin

Ransomware Attack Directed Towards University of California Generated 118 Bitcoin

The University of California, San Francisco’s plans to further COVID-19 vaccine research were disrupted by a ransomware attack on the school’s servers.

Rusk Media Raises $9.5m for Blockchain-Based UGC Gaming

Rusk Media Raises $9.5m for Blockchain-Based UGC Gaming

Indian-based digital entertainment startup Rusk Media has pulled the sum of $9.5 million in a Series A extension funding round for developing UGC-based blockchain gaming platform.

Coinbase Becomes First Custodian to Pass Two Major Security Evaluations

Coinbase Becomes First Custodian to Pass Two Major Security Evaluations

Coinbase Custody has become the first cryptocurrency custodian to obtain bot SOC 1 Type 2 and SOC 2 Type 2 evaluations.

Voltage Park's $1 Billion Cloud Infrastructure Targets ML Compute Shortage

Voltage Park's $1 Billion Cloud Infrastructure Targets ML Compute Shortage

Voltage Park, launching on October 29, 2023, introduced a $1 billion cloud infrastructure housing around 24,000 NVIDIA H100 GPUs, aimed at redressing the ML compute resource crunch. A subsidiary of the Navigation Fund, Voltage Park aspires to democratize ML compute access, thereby catalyzing AI innovation across the spectrum.

Four Countries to Conduct Cross Border CBDC Payment Trials

Four Countries to Conduct Cross Border CBDC Payment Trials

The Bank for International Settlements (BIS) has joined forces with the central banks of South Africa, Malaysia, Singapore, and Australia to kick start a project dubbed Dunbar aimed at testing the use CBDCs in cross border payments.

US Legislators Approve Digital Taxonomy and American COMPETE Blockchain Bills in Tech Race with China

US Legislators Approve Digital Taxonomy and American COMPETE Blockchain Bills in Tech Race with China

US lawmakers approved the American COMPETE Act and the Digital Taxonomy Act, in an active race against China the blockchain and technological sector.

Austrian Telecom Provider Adds Cryptocurrencies to its Payments Network

Austrian Telecom Provider Adds Cryptocurrencies to its Payments Network

With A1 Telekom’s move to accept Bitcoin and other digital currencies as a means of payment, Austrians now have more options in digital transaction payments

FreeInit: A Groundbreaking Approach to Enhance Video Generation by Nanyang Technological University

FreeInit: A Groundbreaking Approach to Enhance Video Generation by Nanyang Technological University

FreeInit, developed by Nanyang Technological University, enhances video diffusion models by iteratively refining noise initialization, significantly improving temporal consistency in video generation.

Binance.US Distances Itself from Binance.com; CZ Steps Down as Chairman

Binance.US Distances Itself from Binance.com; CZ Steps Down as Chairman

Binance.US declares operational independence from Binance.com, reassures customers, and remains compliant with U.S. regulations, following a $4.3 billion settlement. Chairman Changpeng Zhao steps down.

Green Lights to Texas State Chartered Banks to Provide Virtual Currency Custody Services

Green Lights to Texas State Chartered Banks to Provide Virtual Currency Custody Services

Texas state-chartered banks get the green light from the regulator in Texas of the United States for providing customer custody virtual currencies services.

SushiSwap (SUSHI) Slashes Rewards and Total Value Locked Takes a Plunge—What Does This Say About LPs?

SushiSwap (SUSHI) Slashes Rewards and Total Value Locked Takes a Plunge—What Does This Say About LPs?

SushiSwap (SUSHI) recently cut its rewards from 1,000 SUSHI tokens per block for liquidity providers, to 100 SUSHI tokens as of Ethereum block 10850000.

Bitcoin Dropped Below $10K, 3 Reasons Bitcoin and Crypto Market Will Crash Again

Bitcoin Dropped Below $10K, 3 Reasons Bitcoin and Crypto Market Will Crash Again

3 reasons the Bitcoin and crypto market are ready for a second crash. Here's why.

USA and Nigeria to Discuss Digital Economy and AI Advancements for Economic Growth

USA and Nigeria to Discuss Digital Economy and AI Advancements for Economic Growth

The US and Nigeria are set to discuss the digital economy, AI advancement, and economic ties at a conference in Abuja.

Gulf Energy Invests in Binance.US as Both Aim to Float a Crypto Exchange

Gulf Energy Invests in Binance.US as Both Aim to Float a Crypto Exchange

Thailand's power generation firm Gulf Energy Development Public Company Limited has unveiled its investment in Binance.US through its Hong Kong-based subsidiary, Gulf International Investment Limited.

Web3 Payments Company Fuse Launched the Payment API Platform Fuse Charge

Web3 Payments Company Fuse Launched the Payment API Platform Fuse Charge

Web3 payments revolution Fuse officially launched the blockchain payment API platform Fuse Charge.

Line’s Singapore Crypto Exchange Relaunched as US-based Bitfront

Line’s Singapore Crypto Exchange Relaunched as US-based Bitfront

Line, the Japanese messaging service has closed its Singapore-based cryptocurrency exchange and relaunched the exchange service globally from a United States-based platform.

MakerDAO Intends to Depeg DAI from USDC

MakerDAO Intends to Depeg DAI from USDC

Announcing through Discord, MakerDAO’s founder Rune Christensen revealed that the DeFi protocol might consider de-pegging its native token DAI from stablecoin USD Coin (USDC).

Shiba Inu Prepares NFT Crypto Game Shiba Eternity’s Last Pilot Test in Australia

Shiba Inu Prepares NFT Crypto Game Shiba Eternity’s Last Pilot Test in Australia

The first testing of Shiba Eternity took place in Vietnam, where in the recent past Axie Infinity, a blockchain-based play-to-earn game, exploded as a viable source of income among users.

US SEC Likely to Delay Bitcoin Futures ETFs Until 2022: CFRA Investment Research Firm

US SEC Likely to Delay Bitcoin Futures ETFs Until 2022: CFRA Investment Research Firm

According to CFRA ETF and mutual research firm, the US SEC is likely to delay decisions on whether to approve applications of Bitcoin futures ETFs until 2022.

Bitcoin Wakes Up from Slump and Surges, While Gold Rallies

Bitcoin Wakes Up from Slump and Surges, While Gold Rallies

As the value of the USD has been depreciating with the mass printing of stimulus checks deployed by the US government and with gold finally responding with a price rally, Bitcoin (BTC) has finally gained some bullish traction on the crypto market.

Grayscale Survey: 55% of US Investors Like Bitcoin in 2020

Grayscale Survey: 55% of US Investors Like Bitcoin in 2020

Grayscale Investments has released a report dubbed Bitcoin Investor Study 2020 showing that 55% of US investors are keeping a watchful eye on purchasing Bitcoin in 2020.

Tether Q3 Attestation: 85.7% Cash Reserves, $330M Loan Cut, $670M Research Spend

Tether Q3 Attestation: 85.7% Cash Reserves, $330M Loan Cut, $670M Research Spend

Tether's Q3 2023 attestation shows historic liquidity, 85.7% reserves in Cash & Cash Equivalents, reduced secured loans, and robust investment in industry research, ensuring financial resilience amid market fluctuations.

Binance Bans WazirX From Using Its Services

Binance Bans WazirX From Using Its Services

Indian cryptocurrency exchange WazirX was given an ultimatum to withdraw incorrect assertions about Binance ownership or lose access to its wallets.

Binance Launches Premier Platform for VIP Users and Institutional Investors

Binance Launches Premier Platform for VIP Users and Institutional Investors

Binance has launched a new trading platform solution for VIP and Institutional clients to allow them to easily execute digital assets trades and capture market opportunities more effectively.

Huobi HTX Responds to Recent Hack, Ensures Full Compensation for Affected Users

Huobi HTX Responds to Recent Hack, Ensures Full Compensation for Affected Users

Huobi HTX pledges to compensate users affected by a $30 million hack, ensuring minimal impact and enhanced security measures, as part of a series of attacks on Justin Sun's entities.

White House Expects to Raise over $10b in Revenue under New Crypto Tax Rules

White House Expects to Raise over $10b in Revenue under New Crypto Tax Rules

The White House would bring in significantly more revenue over the next decade if the Biden Administration’s budget plan approved to ramp up the national budget.

Australia's Government is Bolstering Its Market Regulator's Digital Asset

Australia's Government is Bolstering Its Market Regulator's Digital Asset

The new Australian government has devised a "multi-stage strategy" to combat cryptocurrency frauds, safeguard consumers, and increase enforcement.

Square Establishing Bitcoin Hardware Wallet, Confirmed by CEO Jack Dorsey

Square Establishing Bitcoin Hardware Wallet, Confirmed by CEO Jack Dorsey

Digital payment company Square is building an "assisted custodial" bitcoin hardware wallet, confirmed by founder and CEO Jack Dorsey and head of hardware Jesse Dorogusker.

Australias Commonwealth Bank Halts Crypto Rollout

Australias Commonwealth Bank Halts Crypto Rollout

CBA conducted an initial pilot but paused the project with no time set when the second pilot would take place.

SEC Seeks to Freeze Binance.US Assets in Bid to Protect Customers

SEC Seeks to Freeze Binance.US Assets in Bid to Protect Customers

The Securities and Exchange Commission (SEC) has lodged an emergency action application against Binance Holdings Limited, BAM Trading Services Inc., BAM Management US Holdings, Inc., and their founder, Changpeng Zhao.

Pelosi and Mnuchin Narrow Differences on Pre-Election Stimulus Terms, Will Republicans Compromise?

Pelosi and Mnuchin Narrow Differences on Pre-Election Stimulus Terms, Will Republicans Compromise?

House Speaker Nancy Pelosi and Treasury Secretary Steve Mnuchin have reportedly narrowed their differences on the terms for a pre-election pandemic relief package.

Blockchain.News Interview with Managing Partner of HEX Alessio Quaglini on Digital Asset Custody

Blockchain.News Interview with Managing Partner of HEX Alessio Quaglini on Digital Asset Custody

Alessio Quaglini, the Managing Partner of a custody solution blockchain start-up HEX, see the growing importance and emerging trends for custody in the age of digital assets. “We strongly believe that blockchain technologies will be the underlying infrastructure for future financial instruments, assets, contracts and currencies.” Say Alessio. He believe that his firm can offer the value of flexibility, accessibility, and security through partner up with traditional financial institution with their unique ZeroKey technology solution.

Binance Freezes Withdrawals and Suspends Core Services As Crypto Market Runs Hot

Binance Freezes Withdrawals and Suspends Core Services As Crypto Market Runs Hot

As the cryptocurrency market reaches all time high retail interest, exchange giant Binance has announced a temporary suspension of services for maintenance on its platform.

40 German Banks Are Seeking Regulatory Approval to Offer Bitcoin Custody

40 German Banks Are Seeking Regulatory Approval to Offer Bitcoin Custody

Many German banks have filed a request to introduce a digital asset custody business. Germany’s Federal Financial Supervisory Authority, popularly identified as BaFin, has received over 40 applications from German banks interested in offering crypto custody services.

Billionaire Mark Cuban Believes Dogecoin Is the Best Crypto as A Medium of Exchange

Billionaire Mark Cuban Believes Dogecoin Is the Best Crypto as A Medium of Exchange

Billionaire investor, Mark Cuban, has said that Dogecoin is the best cryptocurrency that investors should use for payments.

World Economic Forum Views Blockchain as the Vaccine for Future Interferences in the Seafood Sector

World Economic Forum Views Blockchain as the Vaccine for Future Interferences in the Seafood Sector

The World Economic Forum (WEF) touts blockchain technology as the vaccine and game-changer needed to ensure things run smoothly in the global seafood supply chain irrespective of future disruptions. This is based on the fact that the coronavirus (COVID-19) pandemic has laid the bare knuckles of the inefficiencies and challenges faced by the seafood industry.

Solana CEO Denies Network Outages Caused by On-Chain Voting

Solana CEO Denies Network Outages Caused by On-Chain Voting

Solana CEO Anatoly Yakovenko has refuted claims that Solana's network outages were caused by its on-chain voting system clogging its consensus layer. The CEO responded to a Twitter user's claims that the high volume of validator messages and on-chain votes were clogging the network, calling the theory "pure ignorance." While the root cause of the recent 20-hour network outage is still not clear, commentators have pointed out that there is likely no singular cause of the network outages.

U.S. Intensifies Sanctions on Hamas, Targeting Crypto Assets

U.S. Intensifies Sanctions on Hamas, Targeting Crypto Assets

The U.S. Treasury has imposed sanctions on Hamas, a Palestinian terrorist group, following their attack on Israel, focusing on their use of cryptocurrency assets. The sanctions include sanctions on officials, a Gaza-based crypto exchange, and individuals involved in Hamas' financial operations.

Nifty Gateway Founders Resign

Nifty Gateway Founders Resign

Nifty Gateway co-founders Duncan and Griffin Cock Foster are leaving Gemini. Gemini is suing Genesis Global, an insolvent cryptocurrency lender. "Technical leader" Eddie Ma and "non-tech leader" Tara Harris will head the platform.

LUNA Do Kwon's Trial Postponement Request Amid Extradition Delays

LUNA Do Kwon's Trial Postponement Request Amid Extradition Delays

Terraform Labs co-founder Do Kwon requests postponement of his U.S. trial, scheduled for January 29th, to mid-March due to extradition challenges in Montenegro. The SEC filed fraud charges against Kwon in February 2023, related to the collapse of TerraUSD and LUNA tokens.

Ether.Fi Launches Non-Custodial Liquid Restaking Protocol on Ethereum

Ether.Fi Launches Non-Custodial Liquid Restaking Protocol on Ethereum

Ether.Fi launches a non-custodial liquid restaking protocol on Ethereum, allowing users to maintain control of their keys while increasing staking yields through integration with Eigenlayer.

Circle's 2024 USDC Economy Report Reveals Significant Growth in Stablecoin Adoption

Circle's 2024 USDC Economy Report Reveals Significant Growth in Stablecoin Adoption

Circle's 2024 report on the USDC economy highlights significant growth in stablecoin adoption and usage, with a 59% increase in USDC wallets and over $12 trillion settled in blockchain transactions since its inception.

IBM and KAYA&KATO Leverage Blockchain to Trace Fabric Origins

IBM and KAYA&KATO Leverage Blockchain to Trace Fabric Origins

Tech giant IBM has teamed up with KAYA&KATO, a textile manufacturer of workwear and uniforms, in developing a blockchain network aimed at revamping the fashion industry.

Australian Online Neobank Volt has Partnered with Crypto Exchange BTC Markets to Provide Bank Service

Australian Online Neobank Volt has Partnered with Crypto Exchange BTC Markets to Provide Bank Service

Australian online bank Neobank Volt revealed that it has partnered with crypto exchange BTC Markets (BTCM) to provide bank services for Australian crypto investors.

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.

LimeWire to Debut Music NFTs in Partnership With UMG

LimeWire to Debut Music NFTs in Partnership With UMG

LimeWire has tapped Universal Music Group to roll out exclusive music-based non-fungible tokens (NFTs).

BlockFi Suspends Withdrawals Following FTX Crisis

BlockFi Suspends Withdrawals Following FTX Crisis

Crypto lender BlockFi announced on Twitter that they have suspended withdrawals and normal business operations due to the lack of clarity around the current status of FTX.

VeChain Announces Launch of Blockchain-Based Digital Platform at Cyprus Hospital

VeChain Announces Launch of Blockchain-Based Digital Platform at Cyprus Hospital

In light of COVID-19, VeChain announced the launch of a blockchain-based medical platform at the Mediterranean Hospital of Cyprus.

Only 1% of Bitcoin Holders Controls 27% of Total Circulating Supply, Study Shows

Only 1% of Bitcoin Holders Controls 27% of Total Circulating Supply, Study Shows

A new study shows that only about 10,000 Bitcoin (BTC) holders own as much as 5 million of the total 18.9 million BTC in circulation.

Tether CTO Paolo Ardoino Dispels USDT Market Fear Amidst Rising Deposits in Curve 3Pool

Tether CTO Paolo Ardoino Dispels USDT Market Fear Amidst Rising Deposits in Curve 3Pool

Paolo Ardoino, CTO of Tether and Bitfinex, has responded to growing fears in the crypto market with an assertive tweet stating, "Markets are edgy in these days, so it's easy for attackers to capitalize on this general sentiment. But at Tether we're ready as always. Let them come. We're ready to redeem any amount."

Bitcoin's Popularity Sees Surge in Marijuana and Video Game Transactions During Coronavirus Lockdown

Bitcoin's Popularity Sees Surge in Marijuana and Video Game Transactions During Coronavirus Lockdown

The coronavirus-induced lockdown has influenced an increased use case of Bitcoin. Sales of video games and cannabis using Bitcoin have seen a significant rise during the lockdown. The pandemic has revealed consumers’ priorities, as online sales of general digital products saw a decline, while video gamers and marijuana users have increasingly turned to Bitcoin during the virus outbreak.

DOJ Appeals Against Approval of Voyager-Binance.US Asset Sale

DOJ Appeals Against Approval of Voyager-Binance.US Asset Sale

The DOJ has filed an appeal against the approval of Voyager Digital's Chapter 11 bankruptcy plan, which would have allowed the company to sell assets to Binance.US. While U.S. bankruptcy judge Michael Wiles approved the plan, the SEC and other regulators have been critical, citing concerns over securities law. If regulators block the deal, Voyager may have to liquidate.

Cosmos-Based Defi Protocol Nolus Raises 2.5M to Build the First Cross-Chain Defi Lease

Cosmos-Based Defi Protocol Nolus Raises 2.5M to Build the First Cross-Chain Defi Lease

The Nolus DeFi Lease provides up to 150% financing on the initial investment with a lowered margin call risk and access to the underlying leveraged assets.

Grayscale Bitcoin Trust Files to Become First Fund to Report to SEC

Grayscale Bitcoin Trust Files to Become First Fund to Report to SEC

Grayscale Bitcoin Trust (GBTC) has positioned itself to become the first cryptocurrency investment fund to achieve a reporting status to the United States Securities and Exchange Commission (SEC).

Standard Chartered Bank Partners with Enterprise Ethereum Alliance to Improve Customer Experience

Standard Chartered Bank Partners with Enterprise Ethereum Alliance to Improve Customer Experience

Standard Chartered Bank joins the Enterprise Ethereum Alliance – an open-source blockchain community. But why?

Animoca Brands Partners with OliveX to Run Allowlist Campaign for Dustland Runner

Animoca Brands Partners with OliveX to Run Allowlist Campaign for Dustland Runner

Hong Kong-based Animoca Brands has announced a partnership with OliveX to run an allowlist campaign for Dustland Runner - the company's move-to-earn game.

Goldman Sachs Pushes Bullish Stock Market Investment, Warren Buffet Indicator Disagrees—What about the Bitcoin Price?

Goldman Sachs Pushes Bullish Stock Market Investment, Warren Buffet Indicator Disagrees—What about the Bitcoin Price?

Goldman Sachs believes that stocks will boom over the next 12 months which is not sitting well with Warren Buffett warns the market is an overvalued bubble.

Lightspeed Faction Unveils $285M Fund for Blockchain Innovation

Lightspeed Faction Unveils $285M Fund for Blockchain Innovation

Lightspeed Faction has launched a $285 million venture fund, focusing on early-stage blockchain projects, highlighting the growing importance and potential of blockchain technology in various sectors.

Five Russian Banks Ready to Lead Russia's CBDC Pilot Test

Five Russian Banks Ready to Lead Russia's CBDC Pilot Test

Five Russian Banks will participate in the pilot test for the Bank of Russia’s proposed Digital Rubble following the release of its public consultation report.

Due To Rising Legal Bills, Celsius Wants To Extend The Claims Deadline

Due To Rising Legal Bills, Celsius Wants To Extend The Claims Deadline

Celsius made the announcement that it will try to push out the date by which claims need to be submitted from January 3 to the beginning of February. The application is scheduled to be heard by the bankruptcy court on January 10th. As of the 29th of December, more than 17,200 claims had been submitted by Celsius' creditors. The total amount of money that had been paid out in legal and other professional expenses related to the bankruptcy case had already reached 53 million dollars.

7 Steps in Luno: How to Convert Your USD to Nigerian Naira Using Bitcoin

7 Steps in Luno: How to Convert Your USD to Nigerian Naira Using Bitcoin

This newly found interest also explains the recent increase in the number of exchange platforms that have been springing up to meet this growing demand for liquidity within this space. Some platforms where Nigerians can receive funds in dollars or Bitcoin and convert to Naira has been seen as a way out of the too many constraints fiat presents.

Binance Exchange Restricts its Services to Russia

Binance Exchange Restricts its Services to Russia

Binance exchange is implementing a new account restriction policy for its Russian users in response to the European Union’s fifth financial restriction on Russia for its invasion of Ukraine.

North Korea Notorious Lazarus Group Moves 27.371 Bitcoins

North Korea Notorious Lazarus Group Moves 27.371 Bitcoins

North Korean Lazarus Group's recent Bitcoin transactions, involving over $1.2 million, raise speculations about their next cyber moves and highlight ongoing security challenges in the cryptocurrency sector.

Why Crypto Exchanges Must Reinvent Themselves to Stay Relevant or Else Face Extinction

Why Crypto Exchanges Must Reinvent Themselves to Stay Relevant or Else Face Extinction

As the industry matures, crypto exchanges must face up to higher responsibilities. Crypto market is becoming to mirror that of traditional markets. Cryptocurrency exchanges, therefore, must reinvent themselves to maintain their relevance.

Leading Chinese Filecoin Miner Maker IPFSMain Suspends All Products

Leading Chinese Filecoin Miner Maker IPFSMain Suspends All Products

One of the leading Chinese Filecoin mining machine providers, IPFSMain has suspended sales of all products.

US Government Now Holds $1 Billion in Bitcoin After Silk Road Seizure Using Blockchain Analysis

US Government Now Holds $1 Billion in Bitcoin After Silk Road Seizure Using Blockchain Analysis

The DoJ has asked to lock down on approximately 69,370.22491534 Bitcoin (BTC), Bitcoin Gold (BTG), Bitcoin SV (BSV), and Bitcoin Cash (BCH).

Billionaire investor Ray Dalio has described fiat currency as being in serious jeopardy

Billionaire investor Ray Dalio has described fiat currency as being in serious jeopardy

Bitcoin is too unpredictable to be "effective money," according to legendary investor Ray Dalio.

The Rise of Crypto is Not a Threat to the US Dollar, says Treasury Executive

The Rise of Crypto is Not a Threat to the US Dollar, says Treasury Executive

Veteran US Treasury Deputy Secretary, Adewale “Wally” Adeyemo is unperturbed that the growth of digital currencies like Bitcoin (BTC) is a threat to the dominance of the US Dollar.

Crypto Donations to Exceed $10 Billion in a Decade

Crypto Donations to Exceed $10 Billion in a Decade

The Giving Block's annual report predicts that crypto donations will surpass $10 billion by November 2032, with USD Coin being the most popular cryptocurrency used in donations. Ethereum co-founder Vitalik Buterin holds the record for the largest crypto donation of the year, giving $9.4 million through his philanthropic fund.

FTX.US Wins the 10-yr Naming Right of UC-Berkeley's Facility by Sponsoring $17.5M in Crypto

FTX.US Wins the 10-yr Naming Right of UC-Berkeley's Facility by Sponsoring $17.5M in Crypto

The American cryptocurrency exchange giant FTX sponsors the University of California, Berkeley (UCB) with $17.5 million in cryptocurrency in exchange for getting the 10-year naming right of the California Memorial Stadium.

FTX EU Launches Website for Customer Withdrawal Requests

FTX EU Launches Website for Customer Withdrawal Requests

FTX EU has launched a website for European customers to submit withdrawal requests following the global trading platform's collapse and bankruptcy in November 2022. The Cyprus Securities and Exchange Commission reportedly approved the new website domain name, which will only be used to pay back impacted customers and will not offer any products or services.

Russia Gives Tax Incentives to Crypto Miners

Russia Gives Tax Incentives to Crypto Miners

Russia offers tax benefits for crypto mining investors during tough times.

Australian Top Bank Commonwealth Bank to Offer Cryptocurrency Trading for Retail Customers

Australian Top Bank Commonwealth Bank to Offer Cryptocurrency Trading for Retail Customers

The largest bank in Australia – Commonwealth Bank of Australia (CBA) – is set to develop a platform that allows its customers to trade cryptocurrencies.

Block's Cash App Bitcoin Revenue Falls 7%

Block's Cash App Bitcoin Revenue Falls 7%

Jack Dorsey's Block Inc. reported a 7% reduction in Bitcoin sales in Q4, with its Cash App producing $25 million of BTC gross profit, down 25% YoY.

HUSD Stablecoin Drops 56% From Dollar Peg Following Huobi Delisting

HUSD Stablecoin Drops 56% From Dollar Peg Following Huobi Delisting

According to CoinMarketCap, HUSD stablecoin has fallen massively from its $1 peg, dropping to a low of $0.32 following delisting from crypto exchange Huobi on Friday last week.

Navigating AI in Hospitality: Insights from Bulgarian Hoteliers

Navigating AI in Hospitality: Insights from Bulgarian Hoteliers

The paper titled "Automated decision-making: Hoteliers’ perceptions" provides an in-depth analysis of Bulgarian hoteliers' attitudes towards AI in decision-making, revealing a preference for AI in tasks not requiring emotional intelligence. It also uncovers that personal and property characteristics do not significantly influence their AI adoption preferences, indicating a widespread acceptance across the hotel industry.

Bitcoin Hits a 16-Month Low of $26K as Effects of the Terra Crash Spill Over

Bitcoin Hits a 16-Month Low of $26K as Effects of the Terra Crash Spill Over

Bitcoin nosedived to lows of $26,595, a scenario not seen since Dec 30, 2020, when the leading cryptocurrency dropped below the $27,000 zone.

ConstitutionDAO Fails to Win the U.S. Constitution Copy on Sotheby’s Auction, after Raising Crowdfund $47M

ConstitutionDAO Fails to Win the U.S. Constitution Copy on Sotheby’s Auction, after Raising Crowdfund $47M

Breaking: Decentralised autonomous organisation ConstitutionDAO lost ownership by failing to win the bid for the printed copy of the U.S. Constitution at a Sotheby’s public auction. The Lot finally sold for $43.2 million.

Dapper Labs Restricts Russian-based NFT Accounts, Abides by EU Sanctions

Dapper Labs Restricts Russian-based NFT Accounts, Abides by EU Sanctions

Dapper Labs said it is complying with new sanctions approved by EU member states amid Russia’s continued escalating conflicts in Ukraine.

Tether’s Market Cap Surges By $1 Billion in Just 9 Days to Hit $19 Billion

Tether’s Market Cap Surges By $1 Billion in Just 9 Days to Hit $19 Billion

The market capitalization of leading stablecoin Tether (USDT) has been on a roller coaster ride after surging by $1 billion in a record 9 days to hit $19 billion.

The Development of Blockchain Chips

The Development of Blockchain Chips

The new "fully homomorphic encryption" chip will let users operate on data without decrypting it.

Celsius Network Considers Legal Action Against Crypto Blogger

Celsius Network Considers Legal Action Against Crypto Blogger

Celsius Network is considering taking legal action against crypto blogger Tiffany Fong for leaking internal information regarding the company’s bankruptcy case. Fong has been reporting on the bankruptcy case via YouTube and social media platforms, sharing leaked internal information allegedly provided to her by disgruntled former Celsius employees.

What is Sushiswap (SUSHI) and Why it Enabled Uniswap’s Trading Volume to Surpass Coinbase

What is Sushiswap (SUSHI) and Why it Enabled Uniswap’s Trading Volume to Surpass Coinbase

The decentralized finance (DeFi) industry has surpassed $9 billion in total value locked (TVL) recently resulting from the latest surge in popularity.

Binance.US Struggles to Find a Bank Partner in the United States

Binance.US Struggles to Find a Bank Partner in the United States

Binance.US is facing challenges in securing a bank partner to serve as a fiat on-ramp and off-ramp for its clients in the United States. Recent regulatory crackdowns on banks with crypto clients, along with failed attempts to establish direct banking relationships, have left Binance.US without banking services.

USD Coin Chief Strategy Officer Twitter Account Hacked

USD Coin Chief Strategy Officer Twitter Account Hacked

Circle's USD Coin (USDC) stablecoin chief strategy officer Dante Disparte's Twitter account has been hacked, with the account reportedly promoting fake loyalty rewards to long-time users of USDC.

Elon Musk Plans to Launch AI Startup to Compete with OpenAI

Elon Musk Plans to Launch AI Startup to Compete with OpenAI

Elon Musk is reportedly assembling a team of AI researchers and engineers to launch an AI startup to compete with OpenAI. Musk is said to be in talks with existing investors from SpaceX and Tesla for investment in the new venture. In addition, Musk has recently incorporated a company named X (X.AI) and changed the name of Twitter to "X Corp" as part of his plans to create an "everything app" under the "X" brand. Meanwhile, Amazon Web Services (AWS) has launched the Bedrock initiative to allow its users to build generative AI from foundation models.

Twitter Responds to Elon Musk's Takeover Bid With 'The Rights Plan'

Twitter Responds to Elon Musk's Takeover Bid With 'The Rights Plan'

Twitter's board of directors in reply to Musk's attempt to buy over the platform and take it private in a $43 billion bid, have jointly agreed to activate the Rights Plan.

US Congress Encouraged to Regulate Crypto Sector Under Bank Secrecy Act

US Congress Encouraged to Regulate Crypto Sector Under Bank Secrecy Act

A Washington DC-based strategic advisory firm, the Financial Integrity Network (FIN), pushed the United States Congress to regulate firms in the cryptocurrency sector under the Bank Secrecy Act (BSA).

Gambling Rings Use Cryptocurrency to Transfer $145.5 Billion of Funds Outside China Every Year, Official Report Reveals

Gambling Rings Use Cryptocurrency to Transfer $145.5 Billion of Funds Outside China Every Year, Official Report Reveals

Government officials identified that cryptocurrencies are used to collect and transfer 1 trillion yuan out of China to online gambling and casinos every year.

Australian Bitcoin ATMs Demonstrate Lightning Network

Australian Bitcoin ATMs Demonstrate Lightning Network

Coolangatta has its first Lightning Network-enabled Bitcoin ATM. Bitcoin Lightning ATMs operate like regular Bitcoin ATMs but faster. Crypto ATMs number 38,602, with 6,071 added in 2022.

Spanish Authorities Arrest Bitzlato Exchange Executives for Money Laundering

Spanish Authorities Arrest Bitzlato Exchange Executives for Money Laundering

On Jan. 18, 2023, police enforcement closed Bitzlato.

Digital Currency and the Financial Inclusion Drive: The Journey So Far

Digital Currency and the Financial Inclusion Drive: The Journey So Far

With the digital currency ecosystem running toe-to-toe with traditional finance, here is a brief look into the journey thus far on the industry's financial inclusion drive.

Alternatives of USDT Gained Wider Merchant Access including Microsoft

Alternatives of USDT Gained Wider Merchant Access including Microsoft

Currently, BitPay supports Bitcoin, Bitcoin Cash, and Ether Payments. As of recent, the blockchain payment processor will now accept Circle USD, Gemini Dollar, and Paxos Standard Token.

Australia's First Bitcoin ETF to Launch on Apr 27

Australia's First Bitcoin ETF to Launch on Apr 27

Australia’s first bitcoin ETF will be listed on the Cboe stock exchange next week, The Australian Financial Review reported on Tuesday.

KPMG Unveils Blockchain-Based Climate Accounting Tool To Help Drive Environmental Sustainability

KPMG Unveils Blockchain-Based Climate Accounting Tool To Help Drive Environmental Sustainability

KPMG has unveiled a blockchain capability dubbed Climate Accounting Infrastructure (CAI) to help firms measure, report, and offset their greenhouse gas emission.

Musk Requests Dismissal of $258 Billion Dogecoin Pyramid Scheme Lawsuit

Musk Requests Dismissal of $258 Billion Dogecoin Pyramid Scheme Lawsuit

Elon Musk and his legal team have requested the dismissal of a $258 billion lawsuit accusing him of operating a pyramid scheme to promote the cryptocurrency Dogecoin. Musk's lawyers dismissed the lawsuit as a "fanciful work of fiction" in a federal court hearing on March 31.

Gate.io to Launch Crypto Exchange in Hong Kong Following Government's $6.4M Investment in Web3

Gate.io to Launch Crypto Exchange in Hong Kong Following Government's $6.4M Investment in Web3

Hong Kong's current budget allocates millions to the Web3 and crypto industries to "keep up with the times," allowing Gate.io to establish a local presence.

Russian Top Digital Bank Tinkoff Explores Crypto Investment Services

Russian Top Digital Bank Tinkoff Explores Crypto Investment Services

Despite Russia’s Central Bank imposed ban and restrictions on cryptocurrency usage in the country, Tinkoff bank is examining potential cryptocurrency investments services to offer to its clients.

Chaintope Establishes Public Blockchain Protocol to Overcome Governance Challenges

Chaintope Establishes Public Blockchain Protocol to Overcome Governance Challenges

Chaintope, a Japanese blockchain startup, has developed a public blockchain protocol known as Tapyrus to tackle some of the governance issues currently being witnessed in the blockchain space. For instance, some of the challenges noted in public blockchains include privacy concerns and sluggish transaction speeds.

USDC issuer Circle releases accountant-verified report

USDC issuer Circle releases accountant-verified report

Circle's newest reserve report shows $44.5 billion USDC stablecoin assets.

Biden's Communications Director Restricted From Handling Crypto Firms

Biden's Communications Director Restricted From Handling Crypto Firms

President Joe Biden's communications director, Ben LaBolt, will be barred from handling matters related to any cryptocurrency or technology firms he previously represented, but he will be allowed to advise on crypto regulation. LaBolt has disclosed owning $50,001-$100,000 in Bitcoin and $15,001-$50,000 in Ethereum 2. The restrictions are in line with ethics rules followed by senior White House staff.

Google's Lumiere AI: Ideal for Realistic Video Generation

Google's Lumiere AI: Ideal for Realistic Video Generation

Google unveils Lumiere, an advanced AI model for realistic video generation using a Space-Time Diffusion Model and STUNet architecture, outperforming existing models in quality and user preference.

Crypto-friendly banks closure could pose a challenge for crypto companies

Crypto-friendly banks closure could pose a challenge for crypto companies

The closure of three major crypto-friendly banks in the US, Signature Bank, Silicon Valley Bank, and Silvergate Bank, could pose a challenge for crypto companies in accessing traditional banking partners. The loss of these banks could impact crypto liquidity, and some experts believe that it may leave crypto companies without banking options. However, some in the industry believe that it could create room for another bank to step up and fill the vacuum, while others suggest that there are already viable alternatives available.

U.S. Air Force Files Trademark Application for Digital Metaverse 'SpaceVerse'

U.S. Air Force Files Trademark Application for Digital Metaverse 'SpaceVerse'

The U.S. Air Force (USAF) files a trademark application for "SpaceVerse" with the U.S. Patent and Trademark Office to expand military training into the metaverse.

Kraken Announces PayPal USD (PYUSD) Trading Starting August 21

Kraken Announces PayPal USD (PYUSD) Trading Starting August 21

Kraken to integrate PayPal's stablecoin PYUSD from Aug 21. The move follows PayPal's PYUSD launch on Aug 7, bridging traditional finance with digital currency realms.

Facebook’s Libra Co-Creator Thinks Bitcoin is Not a Currency

Facebook’s Libra Co-Creator Thinks Bitcoin is Not a Currency

Speaking as a guest on CNBC, David Marcus initially talked about Libra setbacks, stating that Libra, Calibra, and Facebook would need time to allow digital money access and services to form for users around the world as well as his thoughts on BTC.

BlackRock's iShares Bitcoin Trust Soars, CEO Fink Bullish on BTC Future

BlackRock's iShares Bitcoin Trust Soars, CEO Fink Bullish on BTC Future

BlackRock CEO Larry Fink expresses optimism for Bitcoin as the iShares Bitcoin Trust (IBIT) records historic growth with $13.5 billion inflows in 11 weeks.

ChatGPT Poised to Challenge Google Assistant on Android Devices

ChatGPT Poised to Challenge Google Assistant on Android Devices

OpenAI's ChatGPT may soon challenge Google Assistant's role as the default voice assistant on Android, signaling a significant shift in the digital assistant sector and underscoring AI's growing impact in technology.

Bitfinex: The Crisis Tested Liquid Exchange King for Bitcoin and Ethereum Trading

Bitfinex: The Crisis Tested Liquid Exchange King for Bitcoin and Ethereum Trading

During the March 12 stock market crash instigated by the coronavirus pandemic’s disruption to the world economy, cryptocurrency exchanges experienced a massive sell-off of Bitcoin and Ethereum. When the liquidation panic finally settled down, Bitfinex emerged as one of the few exchanges that had been able to take the extreme volatility in stride.

Australian crypto executives urge caution on regulation

Australian crypto executives urge caution on regulation

Crypto CEOs warn against classifying all digital assets as financial instruments. Assistant Treasurer Stephen Jones said he was "not that enticed" to creating new rules for a financial product. According to the Sydney Morning Herald, Australian financial authorities support recognising all crypto assets as financial products (SMH). SMH editor-in-chief David Jones argues the FTX crash proves crypto regulation is needed.

Dogecoin Skyrockets after Musk Announces Acquisition of Twitter for around $44bn

Dogecoin Skyrockets after Musk Announces Acquisition of Twitter for around $44bn

Dogecoin was up to more than 20% after Musk made a $46.5 billion takeover offer on Monday for a 9.2% stake in Twitter and completed a physical acquisition.

KPMG Advocates for Institutional Custody as Estimated $9.8 Billion of Crypto Stolen Due to Lack of Security

KPMG Advocates for Institutional Custody as Estimated $9.8 Billion of Crypto Stolen Due to Lack of Security

One of the big four accounting firms, KPMG estimated that at least $9.8 billion in cryptocurrencies have been stolen by hackers since 2017 due to security issues or poorly written code. According to the KPMG report, the cryptocurrency market will need to see huge improvements for the $245 billion industry to keep growing.

US Filmmaker Kevin Smith Plans to Sell New Horror Movie "Killroy Was Here" As NFT

US Filmmaker Kevin Smith Plans to Sell New Horror Movie "Killroy Was Here" As NFT

US filmmaker Kevin Smith wants to release a new horror movie as an NFT.

BabyAGI: An Overview of the Task-Driven Autonomous Agent

BabyAGI: An Overview of the Task-Driven Autonomous Agent

BabyAGI is an AI-powered task management system by Yohei Nakajima, automating tasks using OpenAI's NLP and vector databases. It streamlines processes, but faces challenges like slower processing speeds and errors.

Chamber of Digital Commerce Joins Forces to Counter SEC's Lawsuit Against Binance.US

Chamber of Digital Commerce Joins Forces to Counter SEC's Lawsuit Against Binance.US

The Chamber of Digital Commerce has spearheaded a collective effort to defend Binance.US against the SEC's lawsuit. The chamber, along with Binance.US and other industry stakeholders, is challenging the SEC's regulatory approach, marking a significant collaborative resistance within the cryptocurrency sector.

Tether Amplifies Cryptocurrency Presence in Georgia: Invests in Payment Processor CityPay.io

Tether Amplifies Cryptocurrency Presence in Georgia: Invests in Payment Processor CityPay.io

Tether Operations Limited (USDT issuer), the driving force behind the highly adopted stablecoin blockchain platform tether.to, has magnified its presence in Georgia's cryptocurrency landscape through a strategic investment in CityPay.io.

Former US Head of Treasury Lawrence Summers Backs Cryptocurrency

Former US Head of Treasury Lawrence Summers Backs Cryptocurrency

In an interview with CEO of the digital currency company Circle —Jeremy Allaire, Former US head of Treasury Lawrence Summers advocates for cryptocurrency’s benefits.

Lesley O'Neill was Appointed as Binance.US Chief Compliance Officer

Lesley O'Neill was Appointed as Binance.US Chief Compliance Officer

Lesley O’Neill's appointment as Binance.US Chief Compliance Officer marks a strategic response to heightened SEC scrutiny, emphasizing the crypto industry's shift towards compliance and regulatory adherence.

Nasdaq to Offer Institutional Crypto Custody Services

Nasdaq to Offer Institutional Crypto Custody Services

Nasdaq Global Select Market is reportedly on track to dive deeper into the digital currency ecosystem, with preliminary plans to offer custody services of Bitcoin and Ethereum for institutional clients.

OKEx Launches USDT-Margined Futures Live Trading With Up To 100× Leverage

OKEx Launches USDT-Margined Futures Live Trading With Up To 100× Leverage

OKEx, the world's largest futures crypto exchange based in Malta, announced the launching of BTC/USDT margined trading on its futures platform with an enticing leverage rate of 0.01-100×. Following the fulfillment of their simulation which began on November 5, the margined futures trading was launched live on Nov. 14.

Hong Kong Blockchain Startup Bitspark Announces Closure Amid Coronavirus Outbreak and Protests

Hong Kong Blockchain Startup Bitspark Announces Closure Amid Coronavirus Outbreak and Protests

Bitspark, a blockchain remittance startup based in Hong Kong recently announced its abrupt closure, stating internal restructuring issues.

Huobi is Looking to Move HQ from Seychelles to the Caribbean

Huobi is Looking to Move HQ from Seychelles to the Caribbean

Huobi Exchange may be joining other platforms that have relocated their headquarters to the Caribbean Islands

LocalBitcoins Shuts Down After 10 Years

LocalBitcoins Shuts Down After 10 Years

After 10 years, Finland's LocalBitcoins is closing.

Why Bitcoin Plunged to $42K before Spiking Back to $45K

Why Bitcoin Plunged to $42K before Spiking Back to $45K

Elon Musk's tweet on Bitcoin payments being halted at Tesla generated a plunge in Bitcoin's price. The cryptocurrency plummeted to $42K before recovering in price, following Musk's clarification on Tesla's Bitcoin holdings.

Tether Executives Placed Under Investigation Radar By US DOJ Over Bank Fraud

Tether Executives Placed Under Investigation Radar By US DOJ Over Bank Fraud

Tether Executives and the firm are up for probe by the US department of justice on accounts of bank fraud

Kimchi premium refers to when the price of BTC cheaper

Kimchi premium refers to when the price of BTC cheaper

CryptoQuant data shows that South Korea's Kimchi premium has fallen again, fluctuating between -0.24 and 0.01 between Feb. 17 and 19.

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 Lender Celsius Raises $400M as Investors Shun Regulatory Crackdowns

Crypto Lender Celsius Raises $400M as Investors Shun Regulatory Crackdowns

Kentucky-based digital asset lending platform Celsius Network has announced its latest $400 million fundraisers as led by WestCap and CDPQ.

DeFi Market Recovers as Sushiswap (SUSHI) Migration Resulted in 225% More in Total Value Locked

DeFi Market Recovers as Sushiswap (SUSHI) Migration Resulted in 225% More in Total Value Locked

Decentralized finance projects recently witnessed its tokens plummet, crashing up to 50%. The DeFi industry has slightly recovered, rebounding 19% today.

Japan's Financial Giant SBI Group to Shut Down Crypto Mining Operations in Russia

Japan's Financial Giant SBI Group to Shut Down Crypto Mining Operations in Russia

Japanese financial giant SBI Group announced that it will shut down its crypto mining operations in the entire country of Russia.

Steemit & Dtube: Social Networking, Blogging, and Video Sharing in the Blockchain Era

Steemit & Dtube: Social Networking, Blogging, and Video Sharing in the Blockchain Era

Steemit and Dtube allow users to be rewarded for sharing content. These social media networks are decentralized and censorship-resistant.

Thailand Waives Taxes on Investment Tokens

Thailand Waives Taxes on Investment Tokens

Thailand's cabinet has agreed to waive corporate income tax and VAT for companies issuing investment tokens, encouraging alternative capital raising in addition to conventional methods. The government hopes to generate 128 billion Thai baht from investment token offerings over the next two years.

Nassim Taleb “Black Swan” Author and Famous Investor Is Getting Rid of His Bitcoin

Nassim Taleb “Black Swan” Author and Famous Investor Is Getting Rid of His Bitcoin

Nassim Nicholas Taleb, the author of “Black Swam,” has changed tune on Bitcoin. The famous investor has revealed that he is dumping his Bitcoin because of what he said that the digital currency does not store value.

Bitcoin Price Falls Below $20,000 Following US Jobs Report

Bitcoin Price Falls Below $20,000 Following US Jobs Report

Bitcoin dropped 2% following the release of the job figures reported by the Bureau of Labor Statistics.

AI-Generated Artwork Not Eligible for Copyright, US District Judge Rules

AI-Generated Artwork Not Eligible for Copyright, US District Judge Rules

US District Judge Beryl A. Howell rules AI-generated artwork can't be copyrighted. Stephen Thaler's request for his AI-created image denied, emphasizing human authorship in copyright law

Will Crypto Assets Have a Future in Russia After All? State Duma Passes DFA Bill

Will Crypto Assets Have a Future in Russia After All? State Duma Passes DFA Bill

The State Duma of Russia passed a law regarding digital financial assets (DFA) in the financial bill’s third reading, which determined the fate of Bitcoin and other cryptocurrencies.

US Government Removes Cryptocurrency AML Provisions from NDAA

US Government Removes Cryptocurrency AML Provisions from NDAA

The US government has removed two AML provisions relating to cryptocurrencies from the NDAA, indicating a cautious approach to crypto regulation and raising concerns about future AML measures.

Why A-List Celebrities Are Still Promoting Unvetted NFT

Why A-List Celebrities Are Still Promoting Unvetted NFT

Danis tweeted a picture and website URL that “literally spells out S.C.A.M.”

Coronavirus Tracking and Surveillance May Have Consequences for the Protection of Personal Data Privacy

Coronavirus Tracking and Surveillance May Have Consequences for the Protection of Personal Data Privacy

The World Health Organization (WHO) has recently stated that the coronavirus pandemic is “accelerating,” as 20% of the world’s population goes into lockdown in an attempt to curb the spread of the virus. People are told to stay at home as the world is entering a critical week, with over 381,761 cases confirmed around the world at the time of reporting.

Bit.com Rolls Out USD Perpetual Trading for Diversification Purposes

Bit.com Rolls Out USD Perpetual Trading for Diversification Purposes

To eliminate overreliance on a single type of stablecoin, Seychelles-based crypto exchange @Bit.com has rolled out USD perpetual trading, starting with BTC/USD and ETH/USD pairs.

US Federal Regulator Says Banks Can Offer Cryptocurrency Custody Services to Customers

US Federal Regulator Says Banks Can Offer Cryptocurrency Custody Services to Customers

The US Office of the Comptroller of the Currency (OCC) has announced that states and national banks and federal savings associations can provide crypto custody services to customers.

US Court to Determine Which Law Firm Should Lead Classic Action Against Tether

US Court to Determine Which Law Firm Should Lead Classic Action Against Tether

Tether (USDT) stablecoin issuer, IFinex and its subsidiary, Bitfinex exchange are facing charges of allegedly manipulating the price of Bitcoin in 2017. Although the company, on the other hand, is vehemently in denial of the charges levelled against it.

CleanSpark Buys 20000 New Bitcoin Miners to Boost

CleanSpark Buys 20000 New Bitcoin Miners to Boost

CleanSpark bought 20,000 Antminer S19j Pro+ devices for $32.3 million to increase its mining capacity.

Why Stablecoins are Securing the Future of Crypto World

Why Stablecoins are Securing the Future of Crypto World

While the value of most cryptos has tremendously declined due to coronavirus outbreak, the demand for stablecoins seems to be on the rise.

UNICEF Cryptocurrency Fund Invests in Tech Startups Fighting COVID-19 in Emerging Economies

UNICEF Cryptocurrency Fund Invests in Tech Startups Fighting COVID-19 in Emerging Economies

Eight technology companies in developing and emerging economies will receive investment from the UNICEF Cryptocurrency Fund (CryptoFund) to solve local and global challenges.

Near Foundation Launches New $100m Web3.0 Fund

Near Foundation Launches New $100m Web3.0 Fund

Near Foundation, the Switzerland-based Non-Profit in charge of the Near Protocol has announced the launch of a new $100 million Web3.0 fund.

Binance Joins Association of Russian Banks, Strengthening Strategic Relations

Binance Joins Association of Russian Banks, Strengthening Strategic Relations

Cryptocurrency exchange Binance has joined the Association of Russian Banks (ARB), a move that arguably bolsters its relationship with top financial institutions in Russia.

EOS Foundation Signs MoU with Busan City to Boost Blockchain Investments

EOS Foundation Signs MoU with Busan City to Boost Blockchain Investments

Following its recent partnership with crypto exchanges such as Binance, FTX, and Huobi to help develop the blockchain infrastructure in the city and the country, Busan, a city in South Korea, has now signed a memorandum of understanding (MoU) with not-for-profit organization, EOS Network Foundation.

Justin Sun's $60 Million Crypto Exodus from Binance: Analyzing Market Implications

Justin Sun's $60 Million Crypto Exodus from Binance: Analyzing Market Implications

Tron founder Justin Sun has withdrawn $60M in cryptocurrencies from Binance since December 2023, including major assets like Ethereum and Shiba Inu, sparking market speculation.

Elizabeth Warren Wants SEC to Double Down on Crypto Enforcement

Elizabeth Warren Wants SEC to Double Down on Crypto Enforcement

Warren wants the SEC to "double down" on crypto enforcement. The U.S. senator said that the previous SEC administration "basically gave the green light" to a cryptocurrency market "full with trash tokens".

Celsius Says Bitcoin Mining Key to Restructuring Efforts, Repaying Debts

Celsius Says Bitcoin Mining Key to Restructuring Efforts, Repaying Debts

Celsius Network received approval from a U.S. bankruptcy judge to spend $3.7 million in construction costs at a new bitcoin mining facility to generate 'revenue' to repay their creditors.

Crypto Leaders Praise United States SEC Inclusive Accredited Investor Definition, Some Think Its Not Enough

Crypto Leaders Praise United States SEC Inclusive Accredited Investor Definition, Some Think Its Not Enough

Is the SEC's new accredited investor rule inclusive enough? Crypto industry leaders debate.

Alameda Research Minted Over $39 Billion USDT, Amounting to Nearly Half of Tether's Circulating Supply

Alameda Research Minted Over $39 Billion USDT, Amounting to Nearly Half of Tether's Circulating Supply

Recent data analysis reveals that Alameda Research minted $39.55 billion USDT, nearly half of Tether's circulating supply. The findings underscore the significant role of major crypto trading firms in stablecoin operations, with a detailed examination of USDT's creation and redemption processes.

Pro-Russian Group Raises $400K in Crypto to Support Russian Military Actions

Pro-Russian Group Raises $400K in Crypto to Support Russian Military Actions

Pro-Russian groups are raising funds through cryptocurrencies to support Russian military operations as the Russian-Ukrainian war continues.

BitBoy Crypto to Launch Class Action Lawsuit Against Celsius

BitBoy Crypto to Launch Class Action Lawsuit Against Celsius

BitBoy Crypto is taking the cessation of withdrawals by crypto lending platform Celsius more personally and has threatened to file a class-action lawsuit against the embattled lender.

Visa Card Holders Spend Over $1B in Crypto in the First Half of 2021

Visa Card Holders Spend Over $1B in Crypto in the First Half of 2021

More than $1 billion worth of crypto have spent in the first six months this year by consumers globally, Visa announced Wednesday. The company said the amount it spent on goods and services by using its crypto-linked cards primarily.

US Congressman Set to Implement the Cryptocurrency Act of 2020

US Congressman Set to Implement the Cryptocurrency Act of 2020

Paul Gosar of the House of Representative introduced the “Crypto-Currency Act of 2020,” on March 9, a bill that is set to choreograph a wide range of digital assets to be liable to the appropriate regulatory bodies and agencies assigned to it.

Welcoming the Future of Finance with Blockchain

Welcoming the Future of Finance with Blockchain

Blockchain is not limited to creating cryptocurrencies like Bitcoin. In fact, it has the potential to entirely remodel every industry out there, including the financial institutions.

YouTube New CEO is Web3-friendly

YouTube New CEO is Web3-friendly

Given the new CEO's emphasis on Web3's prospects, YouTube may undergo a Web3 shakeup.

Bhutan Sovereign Investment Fund Invests Millions in Crypto

Bhutan Sovereign Investment Fund Invests Millions in Crypto

The sovereign investment arm of Bhutan, estimated to manage around $2.9 billion in assets, has invested millions in cryptocurrencies without disclosing it to the public. The investments were revealed after crypto firms BlockFi and Celsius filed for bankruptcy in 2022. BlockFi has filed a complaint against Druk Holding and Investments (DHI) to reclaim outstanding assets, alleging that the fund defaulted on its $30 million loan in March.

Bitcoin's Future Looks Bright as Kanye West Decides to Run for President 2020

Bitcoin's Future Looks Bright as Kanye West Decides to Run for President 2020

On July 4th, Kanye West expressed his wishes to run for President in the 2020 presidential race. This is exciting news for Bitcoin, as Kanye has on several occasions expressed his support for the cryptocurrency.

Moonstone Bank to Exit Crypto Space

Moonstone Bank to Exit Crypto Space

FTX's collapse may have damaged Farmington State Bank. Jean Chalopin, the Bahamas-based chairman of Deltec, another FTX banking partner, bought Moonstone Bank in 2020.

US Democrats Propose Distributing Covid-19 Stimulus Payments Through Digital Dollars to Unbanked Citizens

US Democrats Propose Distributing Covid-19 Stimulus Payments Through Digital Dollars to Unbanked Citizens

As markets across the globe continue to feel the crunch of economic disruption caused by the coronavirus pandemic, debate has raged over a massive stimulus package being proposed in the US which could see the IRS send up to $2000 a month to all US citizens until the recession takes a turn for the better.

SHIB Beats DOGE, Leaping at No. 9 Ranking of Market Value

SHIB Beats DOGE, Leaping at No. 9 Ranking of Market Value

Shiba Inu now ranks No. 9 with a market value of over $38 billion, beating Dogecoin which ranks No. 10.

Central Bank of Russia Intends to Bring Crypto to Stock Exchanges

Central Bank of Russia Intends to Bring Crypto to Stock Exchanges

The Central Bank of Russia (CBR) is reportedly making plans to permit cryptocurrencies like Bitcoin to start trading on the nation’s regulated stock exchanges.

Kraken CEO: Drive behind Bitcoin and Tech Stock Adoption in 2020 Linked to Risk of Holding USD

Kraken CEO: Drive behind Bitcoin and Tech Stock Adoption in 2020 Linked to Risk of Holding USD

Much like other leaders in the crypto industry, Kraken CEO and co-founder Jesse Powell believes that Bitcoin is a key investment and will continue to be one.

US SEC Chair Gary Gensler: Coinbase and Other Crypto Exchanges Must Register with Agency

US SEC Chair Gary Gensler: Coinbase and Other Crypto Exchanges Must Register with Agency

After raising concerns over Coinbase’s lending product, US SEC Chairman Gary Gensler has once again reiterated that cryptocurrency exchanges should register with the commission.

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.

Nasdaq to Launch Digital Asset Custody Services

Nasdaq to Launch Digital Asset Custody Services

Nasdaq is preparing to launch its custody services for digital assets by the end of Q2 2022, starting with Bitcoin and Ether. The exchange has applied for a limited-purpose trust company charter from the New York Department of Financial Services to oversee the new business and aims to eventually build a broad suite of services for its digital assets division. Its entry into the crypto market could potentially boost institutional investor confidence and pave the way for more traditional financial institutions to offer similar services.

Injective Launches $150 Million Ecosystem

Injective Launches $150 Million Ecosystem

Injective, a layer-1 blockchain technology, is funding Cosmos network developers with $150 million. Pantera Capital, Kraken Ventures, Jump Crypto, and Gate Labs support the fund.

US Government Grants $162 Million to Microchip Technology for Semiconductor Production Boost

US Government Grants $162 Million to Microchip Technology for Semiconductor Production Boost

US grants $162M to Microchip Technology, bolstering domestic semiconductor production under the CHIPS & Science Act.

"Going to Moon Very Soon," Says Tesla's Elon Musk as Bitcoin Surges Past $60K

"Going to Moon Very Soon," Says Tesla's Elon Musk as Bitcoin Surges Past $60K

Bitcoin has surged past the psychological barrier of $60K, even touching $61K momentarily over the weekend.

Bitfinex Tackles Phishing Incident: No Customer Funds Affected

Bitfinex Tackles Phishing Incident: No Customer Funds Affected

Bitfinex has resolved a phishing incident causing partial customer information exposure, confirming no loss of funds or sensitive data compromise, and ensuring ongoing security measures.

President Trump Nominates Brian Brooks to Serve as US Comptroller of the Currency for A Five-Year Term

President Trump Nominates Brian Brooks to Serve as US Comptroller of the Currency for A Five-Year Term

President Trump has nominated Brian Brooks to lead as the national bank regulator for a full five-year term.

What You Need to Know About Jae Kwon’s Cosmos (ATOM) Blockchain

What You Need to Know About Jae Kwon’s Cosmos (ATOM) Blockchain

The blockchain network Cosmos is unlike any other that has been created so far, offering interoperable solutions across many digital decentralized protocols.

Asia Crucial to Web3 Gaming Industry

Asia Crucial to Web3 Gaming Industry

A report by DappRadar highlighted the importance of Asia in the Web3 gaming industry, due to the region's majority share of gamers and gaming revenue, as well as its high interest in blockchain technology. While China prohibits gaming companies from integrating blockchain technology, Japan and South Korea are leading the way in adopting blockchain technology in gaming.

Why Multicoin Capital Invested $5.7M in Squads Labs

Why Multicoin Capital Invested $5.7M in Squads Labs

Multicoin Capital discloses a $5.7 million investment in Squads Labs, bolstering the multisig standard on Solana. The funding accelerates Squads' blockchain-native custody infrastructure, spotlighting major upgrades like SquadsX and Squads (v4), which are set to redefine self-custody and on-chain capital coordination.

Iran Joins BRICS to Reduce Reliance on Western Economic Systems

Iran Joins BRICS to Reduce Reliance on Western Economic Systems

Iran joins BRICS, aiming to mitigate US sanctions and challenge Western economic dominance, amidst mixed reactions and uncertain benefits.

The Bitcoin mining community has experienced a 50% increase in revenue through mining

The Bitcoin mining community has experienced a 50% increase in revenue through mining

Bitcoin mining income dropped to $13.6 million on Dec. 28, 2022, putting pressure on mining businesses.

President Donald Trump Approves Oracle Deal, Ban Averted for TikTok but not WeChat

President Donald Trump Approves Oracle Deal, Ban Averted for TikTok but not WeChat

President Trump approved the TikTok deal that Oracle has been working on, postponing a scheduled ban of the video-sharing platform and of WeChat.

Australians Lost Over $70M to Scam Crypto Investments in H1 2021

Australians Lost Over $70M to Scam Crypto Investments in H1 2021

Australians continue to suffer from online scams. More than half of the $70 million in losses were to cryptocurrency, especially through Bitcoin, a study says.

DTCC to Build Prototype Supporting US Digital Dollar in Clearing & Settlement Process

DTCC to Build Prototype Supporting US Digital Dollar in Clearing & Settlement Process

The prototype aims to examine the ability of US clearing and settlement infrastructure to support the US central bank digital currency using a DLT platform.

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.

Elon Musk says He’s “Off Twitter For a While” After Sending DOGE and BTC Soaring

Elon Musk says He’s “Off Twitter For a While” After Sending DOGE and BTC Soaring

Elon Musk is taking a break from Twitter after a few weeks of market-moving opinions on Dogecoin and Bitcoin.

Why Multimodal Large Language Models (MLLM) is promise for Autonomous Driving?

Why Multimodal Large Language Models (MLLM) is promise for Autonomous Driving?

The integration of MLLMs in autonomous driving could revolutionize the global economy, with ARK's research suggesting a potential GDP increase of 20% over the next decade, driven by safety improvements, productivity gains, and a shift to electric vehicles.

Janet Yellen Urges Regulators to Move Fast on Regulating Stablecoin Rules

Janet Yellen Urges Regulators to Move Fast on Regulating Stablecoin Rules

US Treasury Secretary Janet Yellen pushed top US financial regulators to speed up regulations of stablecoin cryptocurrencies.

Blockstack Breaks New Ground with Proof of Transfer (PoX) Consensus Mechanism, like PoS Without the Risk

Blockstack Breaks New Ground with Proof of Transfer (PoX) Consensus Mechanism, like PoS Without the Risk

Blockstack recently released a white paper for a new blockchain consensus mechanism called Proof of Transfer (PoX). The mechanism is for blockchains piggybacking off the Bitcoin blockchain or other PoW networks, and would require miners to commit BTC to secure the block rather than proof of work.

Quant Firm Kronos Research Loses $1.4M: Code Tampered by Disgruntled Engineers

Quant Firm Kronos Research Loses $1.4M: Code Tampered by Disgruntled Engineers

Kronos Research, a top cryptocurrency trading team, suffered a $1.4 million loss in 2020 due to malicious code alteration by disgruntled engineers Chen and Xu, who conspired to embed errors, leading to a fine and 10-month sentence.

Former CFTC Commissioner Joins FTX.US Board

Former CFTC Commissioner Joins FTX.US Board

FTX.US, the United States subsidiary of FTX Derivatives Exchange, has announced the appointment of Jill Sommers to its Board of Directors

First Chinese State-Backed Blockchain Firm "Tainted" the Nation's Image Due to the Export of Faulty COVID-19 Medical Supplies

First Chinese State-Backed Blockchain Firm "Tainted" the Nation's Image Due to the Export of Faulty COVID-19 Medical Supplies

Tus Data Asset, a blockchain firm based in Beijing, has been banned by the Chinese government from exporting medical supplies to other countries during the coronavirus pandemic.

BlackRock Launches Bitcoin Private Trust after Building Partnership with Coinbase

BlackRock Launches Bitcoin Private Trust after Building Partnership with Coinbase

Days after BlackRock entered into a partnership with Coinbase to offer its institutional clients access to crypto trading services, the firm announced the launch of a spot Bitcoin Private Trust.

Binance responds to US senators' request

Binance responds to US senators' request

Binance has responded to a letter from US senators requesting information about the exchange's operations in the US, but it did not provide the financial data requested. The exchange's chief strategy officer recognized past mistakes and emphasized the firm's compliance efforts, but failed to address the senators' concerns about transparency.

Zipmex Files for Bankruptcy Protection, Seeking Moratoriums from Third Party Creditors

Zipmex Files for Bankruptcy Protection, Seeking Moratoriums from Third Party Creditors

Singapore-based crypto trading platform Zipmex has filed a moratorium for seeking bankruptcy protection from the local court. Some of its core activities have been suspended.

Web3 Security Losses Skyrocket to $889.26M in Q3 2023, Says Beosin Report

Web3 Security Losses Skyrocket to $889.26M in Q3 2023, Says Beosin Report

The Q3 2023 Global Web3 Security Report, jointly initiated by Beosin and SUSS NiFT, reveals a concerning escalation in the Web3 security landscape. The report shows that losses from hacks, phishing scams, and rug pulls reached $889.26M in Q3 2023, exceeding the combined losses of the first two quarters. The report also highlights the increasing threat posed by North Korea's Lazarus group.

Richard Teng Signals Unchanged Core Values at Binance Amid Leadership Transition

Richard Teng Signals Unchanged Core Values at Binance Amid Leadership Transition

Richard Teng, Binance's new CEO, prioritizes user protection and appeal amid leadership changes following Changpeng Zhao's resignation and $4.3 billion legal settlement for anti-money laundering violations.

Finality: A Necessary Condition for Blockchain Applications in Finance

Finality: A Necessary Condition for Blockchain Applications in Finance

Settlement finality is critical in the world of traditional finance. The same applies to decentralized finance built on distributed ledger technologies (DLT).

Crypto Firms Report Funds Tied Up with Shuttered Signature Bank

Crypto Firms Report Funds Tied Up with Shuttered Signature Bank

Crypto firms including Coinbase, Paxos, and Celsius have reported funds tied up with Signature Bank, which was shut down by New York regulators due to concerns about systemic risk. While some firms expect to recover their funds in full, others have disclosed only that they had exposure to the bank. Other firms in the crypto industry have reassured customers that they had no exposure to Signature Bank.

Animoca Brands to Halt Trading Services to Russian Users

Animoca Brands to Halt Trading Services to Russian Users

Animoca Brands said it would stop trading services to Russian users is in response to sanctions being imposed on Russia.

“Bitcoin Better Investment than Gold," Winklevoss Says to Dave Portnoy Over Talks on Elon Musk’s Plans to Mine Gold in Space

“Bitcoin Better Investment than Gold," Winklevoss Says to Dave Portnoy Over Talks on Elon Musk’s Plans to Mine Gold in Space

In their interview with Dave Portnoy, Tyler and Cameron Winklevoss advised the "Davey Day Trader" to invest in Bitcoin rather than gold.

Voyager Digital Subpoenas FTX Executives

Voyager Digital Subpoenas FTX Executives

Kirkland & Ellis, Voyager Digital's attorneys, subpoenaed FTX co-founders Sam Bankman-Fried and Gary Wang, former Alameda Research CEO Caroline Ellis, and FTX executive Ramnik Arora for DOJ and SEC case papers.

Twitter Deal Sees Further Stalemate, Elon Musk Warns He Can Pull Out His Bid

Twitter Deal Sees Further Stalemate, Elon Musk Warns He Can Pull Out His Bid

Elon Musk, the prospective owner of social media giant Twitter, has sent a filing to the SEC noting it may exercise its rights not to consummate the Twitter deal anymore.

Bakkt Joins Unchained's Network for Enhanced Crypto Custody Solutions

Bakkt Joins Unchained's Network for Enhanced Crypto Custody Solutions

Bakkt Holdings, Inc. has joined Unchained’s collaborative custody network, offering increased security and regulated custody for bitcoin assets.

Elon Musk Moves Forward with AI Plans for Twitter

Elon Musk Moves Forward with AI Plans for Twitter

Elon Musk’s recent purchase of nearly 10,000 graphics processing units (GPUs) indicates his commitment to an AI project at Twitter. The project is reportedly in its early stages and uses a large language model. Musk has previously expressed concerns about AI and signed an open letter to halt its development.

Naspers and Prosus Undergo Key Leadership Transition

Naspers and Prosus Undergo Key Leadership Transition

Prosus and Naspers Limited have announced a change in executive leadership, with Bob van Dijk stepping down as CEO and Board member. Ervin Tu will take over as Interim CEO. Van Dijk's tenure has seen significant growth and strategic expansion for Prosus, solidifying its position as a leading global consumer internet entity.

SEC plans to propose new rule changes that could impact crypto firms

SEC plans to propose new rule changes that could impact crypto firms

The SEC is still deciding on a "qualified custodian."

Binance to Delist LTC/BUSD and DOGE/BUSD Perpetual Contracts

Binance to Delist LTC/BUSD and DOGE/BUSD Perpetual Contracts

Binance Futures has announced its decision to delist the LTCBUSD and DOGEBUSD Perpetual Contracts.

Cyprus Tightens Crypto Regulations with Hefty Penalties for Non-Compliance

Cyprus Tightens Crypto Regulations with Hefty Penalties for Non-Compliance

Cyprus is tightening its cryptocurrency regulations by introducing hefty penalties for non-compliance. The government aims to align with international AML/CFT standards and has submitted a legislative amendment for review. All crypto service providers must register with CySEC, facing fines or imprisonment for non-compliance.

Twitter Sued Amid Musk's Plans to Lay Off 50% of Employees

Twitter Sued Amid Musk's Plans to Lay Off 50% of Employees

Elon Musk may have to battle a new class action lawsuit over alleged Twitter staff layoff

Unlicensed Bitcoin Exchange Operator Faces Up to 5 Years in Prison in the US

Unlicensed Bitcoin Exchange Operator Faces Up to 5 Years in Prison in the US

William Green, a 46-year-old American citizen of New Jersey has been indicted on one count of operating an unlicensed money transmitting business through his website, Destination Bitcoin.

Tezos Looks Set to Beat Bitcoin In 2020

Tezos Looks Set to Beat Bitcoin In 2020

Minor cryptocurrency Tezos is making serious gains and is on track to rival bitcoin this year.

United States DoJ Files to Freeze Assets of OneCoin Money Launderer and Recoup $400 Million

United States DoJ Files to Freeze Assets of OneCoin Money Launderer and Recoup $400 Million

The United States Department of Justice has filed to freeze the assets of OneCoin Money Launderer Mark Scott, and Recoup $400 Million.

April 21: Essential Oil No More

April 21: Essential Oil No More

Trading Crypto with Eugene is a series of daily commentary of market analysis and trading advice shared by Eugene Ng of Matrixport, a veteran trader with 10 years of experience in top-tier global investment banks. Hope you find it helpful.

European Crypto Miners Share Insights About Their Local Mining Industry

European Crypto Miners Share Insights About Their Local Mining Industry

dGen, a non-profit research organization, in its report, has revealed that the cryptocurrency miners in the European region believe that Europe's higher electricity prices as compared to that of Russia and China is due to the strict regulation, strong protections, and political stability.

Anthony ‘Pomp’ Pompliano Gives Investment Advice as Bitcoin to Break $12K

Anthony ‘Pomp’ Pompliano Gives Investment Advice as Bitcoin to Break $12K

Bitcoin is nearing the $12K mark, but experts are saying that the level may not be beneficial if market bulls fail to turn it into support.

Microsoft's AI Revolution: CEO Satya Nadella Unveils Bold Tech-infused Vision

Microsoft's AI Revolution: CEO Satya Nadella Unveils Bold Tech-infused Vision

Microsoft CEO, Satya Nadella, unveiled a new AI-driven vision in his annual letter, emphasizing the integration of AI across all products and tech stacks. Highlighting collaborations like that with OpenAI and innovations like AI Copilot, Nadella showcased Microsoft's preparedness to lead in this new AI era. The discourse also touched on the broader global impact and the firm's commitment to responsible AI and cybersecurity.

Russia Begins CBDC Settlement Mechanism While Sanctions Continue

Russia Begins CBDC Settlement Mechanism While Sanctions Continue

A central bank digital currency will be used to establish a cross-border settlement mechanism by Russia's central bank (CBDC). The plans are anticipated in 2023's first quarter. By2024, the Bank of Russia planned to launch its digital currency.

DOJ Plans to Call Former FTX Consumers, Investors, and Employees as Witnesses in Upcoming Samuel Bankman-Fried Trial

DOJ Plans to Call Former FTX Consumers, Investors, and Employees as Witnesses in Upcoming Samuel Bankman-Fried Trial

The DOJ is set to call former customers, investors, and employees of FTX as witnesses in the upcoming trial against Samuel Bankman-Fried, with a letter motion on September 30 revealing the scope of testimonies. A witness from Ukraine presents a challenge due to travel constraints amidst local unrest, with video conferencing proposed as a solution. The trial, attracting attention due to its proximity, is poised to kick off following jury selection on October 3.

US Law Firms Had Data Stolen and Encrypted by Hackers Demanding Crypto Ransoms

US Law Firms Had Data Stolen and Encrypted by Hackers Demanding Crypto Ransoms

There has been a recent report of an online breach in five United States law firms as it has been compromised by hackers demanding two 100 Bitcoins (over $933,000 at the time of this report) from each firm. The ransom demanded by the hackers was expected to be paid in parts, one to allow access to the data and another to delete the hackers' copy of the data instead of selling it.

Could Stock Market Turbulence and US Elections Send Bitcoin Crashing Down?

Could Stock Market Turbulence and US Elections Send Bitcoin Crashing Down?

Bitcoin has plunged from highs of more than $11K to lows of $10,400, and analysts have looked at US stock markets to explain the cryptocurrency’s price dip.

FinTech Giants PayPal, Intuit and Square Capital Approved to Digitally Distribute US Govt COVID-19 Small Business Stimulus

FinTech Giants PayPal, Intuit and Square Capital Approved to Digitally Distribute US Govt COVID-19 Small Business Stimulus

PayPal, Square and Intuit have received the government’s approval to take part in the US Small Business Administration’s (SBA) Paycheck Protection Program which was established in response to the COVID-19 pandemic triggered global financial crisis.

2 Europeans Charged in Connection to Virgil Griffith's North Korea Case

2 Europeans Charged in Connection to Virgil Griffith's North Korea Case

The two Europeans were allegedly collaborating with Virgil Griffith, a cryptocurrency researcher who was recently sentenced to prison for providing cryptocurrency and blockchain technology services to North Korea, Reuters reported.

MetaMask Warns Investors Against Phishing Attempts by Scammers

MetaMask Warns Investors Against Phishing Attempts by Scammers

MetaMask informed customers that it never emails account data or collects KYC information.

Justin Sun Tweets Tron just Issued $1.3 Billion in Tether, Here's What it Means for Crypto

Justin Sun Tweets Tron just Issued $1.3 Billion in Tether, Here's What it Means for Crypto

While the broader cryptocurrency market is still reeling from a multi-year bear market since 2017, stablecoins like Tether are seeing action. Billions of dollars in USDT have been issued since its launch and the addition of Tron-backed stablecoin issuance, coupled with the now-concluded Bitcoin halving, signals a volatile period ahead for crypto traders and investors.

Malaysia’s Financial Regulator Says Binance is Not Authorized to Operate in the Country

Malaysia’s Financial Regulator Says Binance is Not Authorized to Operate in the Country

The Securities Commission (SC) of Malaysia, the country’s financial regulator, has announced that Binance cryptocurrency exchange is not unauthorized to operate in the country. The financial watchdog has, therefore, put the crypto exchange on the list of unlicensed companies.

Bittrex Global to End Trading on Dec 4, 2023

Bittrex Global to End Trading on Dec 4, 2023

Bittrex Global, a Liechtenstein-based cryptocurrency exchange, will cease operations on December 4, 2023, following regulatory challenges and legal proceedings, requiring customers to convert U.S. dollar holdings.

Crypto.com Mistakenly Refunds $10.5M to Aussie User

Crypto.com Mistakenly Refunds $10.5M to Aussie User

Melbourne resident Manivel Thevamanogari and her sister Gangadory Thevamanogari sought a refund of 100 Australian dollars from Crypto.com in May last year but was accidentally returned 10.5 million Australian dollars, according to Australian local media 7News.

How Bitcoin will react to US Government Shutdown

How Bitcoin will react to US Government Shutdown

The impending US government shutdown threatens to delay the SEC's approval for a spot Bitcoin ETF, amongst other financial repercussions. The scenario also underscores the growing frequency of federal shutdowns and the persistent concerns of credit rating agencies over the US's fiscal policymaking, all of which could have broader implications for both traditional and crypto financial markets.

Terra Resumes after Halting Blockchain Production to Prevent Governance Attacks

Terra Resumes after Halting Blockchain Production to Prevent Governance Attacks

Terraform Labs, the company which supports the Terra ecosystem, briefly halted the Terra blockchain for two hours on Thursday after a dramatic slump in LUNA and UST, before restarting later.

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.

Bernie Sanders Demands Senate Vote on $2000 Direct Stimulus Payments, Bitcoin Traders Hold Breath

Bernie Sanders Demands Senate Vote on $2000 Direct Stimulus Payments, Bitcoin Traders Hold Breath

Bernie Sanders has threatened to filibuster the Senate until they allow a vote on upgrading the $600 direct stimulus payments to $2000. What could the move mean for Bitcoin?

Chinese Police Arrest 27 Kingpins of Plus Token Bitcoin Scam Worth $5.7 Billion

Chinese Police Arrest 27 Kingpins of Plus Token Bitcoin Scam Worth $5.7 Billion

Chinese authorities have arrested all 27 primary criminal suspects involved in the Plus Token Ponzi scheme that defrauded nearly 40 billion Chinese yuan, approximately $5.7 billion from victims.

Kookmin Bank, South Korea’s Largest Bank Will Offer Cryptocurrency Custody

Kookmin Bank, South Korea’s Largest Bank Will Offer Cryptocurrency Custody

Kookmin Bank, the largest commercial bank in South Korea, will start offering Bitcoin custody services through a new partnership with crypto trading firm Cumberland Korea and blockchain venture fund Hashed.

Chairman McHenry Sharply Criticizes U.S. Treasury and IRS Over Digital Asset Reporting Proposals

Chairman McHenry Sharply Criticizes U.S. Treasury and IRS Over Digital Asset Reporting Proposals

House Financial Services Committee Chairman Patrick McHenry expresses concerns over proposed digital asset reporting requirements, urging the Biden Administration to collaborate with Congress to establish clear regulations and protect market participants' privacy.

FDIC Requires Potential Buyers of Failed U.S. Banks to Give Up Crypto Services

FDIC Requires Potential Buyers of Failed U.S. Banks to Give Up Crypto Services

The FDIC has asked banks interested in acquiring failed U.S. lenders, Silicon Valley Bank and Signature Bank, to submit bids by March 17. The authority will only accept bids from banks with an existing bank charter, prioritizing traditional lenders over private equity firms. The FDIC has also required any buyer of Signature to agree to give up all cryptocurrency business at the bank. This news comes amid concerns expressed by U.S. Representative Tom Emmer that the federal government is “weaponizing” issues around the banking industry to go after crypto.

Apex Legends AI Art Controversy in FF7 Rebirth Event Raises Industry Concerns

Apex Legends AI Art Controversy in FF7 Rebirth Event Raises Industry Concerns

Apex Legends faces backlash for alleged use of AI-generated art in its Final Fantasy 7 Rebirth event, sparking discussions about AI's role in the gaming industry

Binance CEO Warns Traditional Institutions Against Reducing Exposure to Crypto

Binance CEO Warns Traditional Institutions Against Reducing Exposure to Crypto

Investors steadily recovering from 2022 backed CZ's long-term bet on crypto sceptics.

Parachain Auction Winner Acala Commits $250M to Fuel aUSD stablecoin Adoption on Polkadot

Parachain Auction Winner Acala Commits $250M to Fuel aUSD stablecoin Adoption on Polkadot

Parachain auction winner the Acala Network has launched a $250 million fund to fuel the adoption of Acala USD (aUSD) as the dominant stablecoin for the Polkadot and Kusama ecosystem respectively.

Dogecoin Founder Criticizes Memecoin Creators as Get-Rich-Quick Schemes Proliferates

Dogecoin Founder Criticizes Memecoin Creators as Get-Rich-Quick Schemes Proliferates

Billy Markus, the iconic founder of the Dogecoin (DOGE) memecoin, has lashed out on his Twitter handle as he called out a new generation of developers looking to get rich quick through memecoin creations.

Silvergate Bank as defendants in a proposed class-action lawsuit from an FTX user

Silvergate Bank as defendants in a proposed class-action lawsuit from an FTX user

FTX users have suggested a class-action lawsuit against Silvergate Capital Corp., Silvergate Bank, and CEO Alan Lane.

Elon Musk, The Richest Person on Earth, Wants to Be Paid in Bitcoin

Elon Musk, The Richest Person on Earth, Wants to Be Paid in Bitcoin

Elon Musk, Tesla CEO responded to a tweet posted by screenwriter Ben Mezric by saying: “he would never turn down being paid in Bitcoin.”

Grayscale Investors Buying Bitcoin at Remarkable Rate Despite Goldman Sachs’ Skepticism

Grayscale Investors Buying Bitcoin at Remarkable Rate Despite Goldman Sachs’ Skepticism

New data indicates that institutional clients are increasingly buying Bitcoin via Grayscale Bitcoin Trust despite warning from Goldman Sachs.

Blockchain Increasingly Leveraged by China to Combat Coronavirus Outbreak

Blockchain Increasingly Leveraged by China to Combat Coronavirus Outbreak

In the midst of the coronavirus epidemic, there have been growing concerns about how the stalled industry of China may affect the growth of technology within the region.

What could a Democrat Sweep in US Elections mean for Bitcoin?

What could a Democrat Sweep in US Elections mean for Bitcoin?

What would it mean for Bitcoin (BTC), if the Democrats manage to pull off a clean sweep in the coming US elections?

Celsius Makes More Repayments and Withdrawal: Sources

Celsius Makes More Repayments and Withdrawal: Sources

According to tracker Etherscan, Celsius repaid $78.1 million worth of USDC stablecoin to Aave and $35 million worth of stablecoin DAI on the platform Compound.

Valkyrie's Two Crypto-focused Trusts Raise $73.6m

Valkyrie's Two Crypto-focused Trusts Raise $73.6m

Two crypto-focused trusts owned by digital asset manager Valkyrie have raised $73.6 million.

Swiss’ SEBA Bank Launches Regulated Custody Services for Blue Chip NFTs

Swiss’ SEBA Bank Launches Regulated Custody Services for Blue Chip NFTs

SEBA bank has expanded the reach of its crypto offerings with a new service dedicated to custody for NFTs

Digital Rubble Prototype to be Introduced in Early 2022

Digital Rubble Prototype to be Introduced in Early 2022

In line with the development of its Central Bank Digital Currency (CBDC) dubbed the Digital Rubble, the Central Bank of Russia is set to launch a prototype platform for the new form of money in early 2022.

Su Zhu and Kyle Davies Finally Speaks About the Collapse of 3AC

Su Zhu and Kyle Davies Finally Speaks About the Collapse of 3AC

During an interview with Bloomberg, Su Zhu, and Kyle Davies, the co-founders of Three Arrows Capital (3AC), the troubled hedge fund broke silence on the happenings that they have experienced in the past few weeks

Bahamas Looks to Deploy its CBDC The Sand Dollar Across Borders

Bahamas Looks to Deploy its CBDC The Sand Dollar Across Borders

The Central Bank of the Bahamas (CBOB) has says it wants its digital currency dubbed the Sand Dollars integrated with other countries' currency.

Square Stocks Soar After Bitcoin Purchase, Market Bulls Convinced PayPal Will Make a BTC Move of Its Own

Square Stocks Soar After Bitcoin Purchase, Market Bulls Convinced PayPal Will Make a BTC Move of Its Own

Square’s $50 million-dollar move on Bitcoin has pushed the fintech payment company’s stocks higher, enabling it to outperform PayPal shares.

Vauld Suspends Withdrawals, Exploring Restructuring amid Market Downturn

Vauld Suspends Withdrawals, Exploring Restructuring amid Market Downturn

Vauld has become the latest crypto firm to halt trading, deposits, and withdrawals. The lender is exploring improvements in its corporate performance through restructuring exercises.

Tokenize the Future: What Tokenization Means For Financial Access

Tokenize the Future: What Tokenization Means For Financial Access

Thanks to advances in financial and blockchain technology, any tradeable asset can be digitally represented as a token and issued onto a blockchain creating greater access.

Binance Announces 50K Point Challenge with Exclusive Rewards

Binance Announces 50K Point Challenge with Exclusive Rewards

Binance is offering a week-long Challenge with 500,000 Binance Points and exclusive rewards. Participants must complete specific missions within the specified Activity Period to earn Challenge attempts, with prizes ranging from 5 to 200 and expiring on the last day of the month.

SHIB Token Surges by 1946.11% within a Week

SHIB Token Surges by 1946.11% within a Week

Despite the fact that most mainstream cryptocurrencies have fallen back, SHIB token has proven to be the exception, rising by 123.63% in the past 24 hours.

US National Lab Computer Scientists Deploy Artificial Intelligence (AI) to Thwart Illegal Crypto Mining

US National Lab Computer Scientists Deploy Artificial Intelligence (AI) to Thwart Illegal Crypto Mining

Los Alamos National Laboratory has created an artificial intelligence (AI) system capable of identifying malicious codes that mine cryptos such as Bitcoin.

Elon Musk Influence on the Price of Bitcoin Has Almost Faded Away

Elon Musk Influence on the Price of Bitcoin Has Almost Faded Away

The price of Bitcoin which surged after Elon Musk updated his Twitter profile status to feature Bitcoin is now dropping. The CEO's influence did not usher in a new BTC ATH.

US Senate Proposes Amendment to the Controversial Infrastructure Bill to Redefine Crypto Broker Clause

US Senate Proposes Amendment to the Controversial Infrastructure Bill to Redefine Crypto Broker Clause

Three pro-crypto US Senators are proposing an amendment to the controversial infrastructure bill with clauses on crypto brokers redefined

South Korea’s Largest Bank Reveals Crypto Custody Service Filing and Potentially Even More Crypto Services to Come

South Korea’s Largest Bank Reveals Crypto Custody Service Filing and Potentially Even More Crypto Services to Come

The largest bank in South Korea, KB Kookmin Bank has revealed its filing of a trademark application for KB Digital Asset Custody (KBDAC), its crypto custody service.

Cross-Chain Crime Hits $7B: North Korean Ties Unveiled

Cross-Chain Crime Hits $7B: North Korean Ties Unveiled

The recent revelation by Elliptic highlights a troubling surge in cross-chain crime, now amounting to $7 billion, with North Korean affiliated Lazarus Group playing a significant role. These findings from the 2023 edition of 'The State of Cross-chain Crime' report, outstrip previous forecasts, underscoring an urgent call for bolstered security measures and refined blockchain analytics to confront the escalating menace.

Gemini's Weekly Update: PayPal Launches PYUSD Stablecoin, Coinbase Unveils Base Layer-2, and Aptos Announces Microsoft Partnership

Gemini's Weekly Update: PayPal Launches PYUSD Stablecoin, Coinbase Unveils Base Layer-2, and Aptos Announces Microsoft Partnership

PayPal launches PYUSD stablecoin; Coinbase unveils Base Layer-2; Aptos partners with Microsoft; July inflation below expectations at 3.2% and 4.7% yearly.

US SEC and FINRA Issued Latest Custody Guidance on Digital Assets Securities

US SEC and FINRA Issued Latest Custody Guidance on Digital Assets Securities

The United States Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA) issued a statement addressing regulatory issues regarding the custody of digital asset securities on 8 July.

Breaking: CoinsPaid, AtomicWallet, and Alphapo Incidents All Connected to North Korea's Lazarus Group

Breaking: CoinsPaid, AtomicWallet, and Alphapo Incidents All Connected to North Korea's Lazarus Group

MistTrack links CoinsPaid, AtomicWallet, and Alphapo incidents to North Korea's Lazarus Group. The hacks, totaling over $183M, highlight the need for robust crypto security.

FTX Japan Plans to Resume User Withdrawals in February

FTX Japan Plans to Resume User Withdrawals in February

On Feb. 17, FTX Japan notified impacted customers to verify their account balances to make withdrawals.

Binance Launches Ramadan Trading Fee Rebate Event with 50,000 FDUSD Pool

Binance Launches Ramadan Trading Fee Rebate Event with 50,000 FDUSD Pool

Binance celebrates Ramadan with a special event, offering 50,000 FDUSD in trading fee rebate vouchers for users completing set tasks.

Nayib Bukele Criticises U.S. Does Not "Stand for Freedom", the Senate Comm Passes ACES Bill

Nayib Bukele Criticises U.S. Does Not "Stand for Freedom", the Senate Comm Passes ACES Bill

El Salvador President Nayib Bukele has lashed out at the U.S. government after the Senate Foreign Relations Committee passed the Accountability for Cryptocurrency in El Salvador Act (ACES) Bill.

What Would the Future of Crypto Be as Liz Truss Becomes Next UK PM

What Would the Future of Crypto Be as Liz Truss Becomes Next UK PM

As Liz Truss is set to take the top administrative position of Prime Minister in the country, the market is concerned about her monetary policies, including the stance towards cryptocurrency, regulation of Stablecoins and digital assets.

UN Refugee Agency Secures $2.5m in Stablecoin Donation for Ukraine

UN Refugee Agency Secures $2.5m in Stablecoin Donation for Ukraine

As the war in Ukraine continues to bear its toll, the USA for UNHCR has received a donation of $2.5 million to support families that are most impacted by the ongoing crisis.

South Korean Crypto Exchanges Reveal 'Compensation Reserve Funds'; Upbit Leads with KRW 20 Billion

South Korean Crypto Exchanges Reveal 'Compensation Reserve Funds'; Upbit Leads with KRW 20 Billion

The disclosure of 'Compensation Reserve Funds' by South Korean crypto exchanges, led by Upbit with KRW 20 billion, reflects the country's broader regulatory strides aimed at ensuring user protection, transaction transparency, and market discipline. This move aligns with the new regulatory framework set to be implemented in 2024, spotlighting the government's agenda to foster a robust infrastructure for digital assets, with the reserve fund mandate forming a cornerstone of this initiative.

Sam Bankman-Fried Donates $16m to Democratic Super PACs in April: Bloomberg

Sam Bankman-Fried Donates $16m to Democratic Super PACs in April: Bloomberg

FTX Derivatives Exchange’s Chief Executive Officer Sam Bankman-Fried has doubled down in his donations to Democratic-led Super Political Action Committees (PACs), with a total donation of $16 million in April.

Diginex CEO Predicts Bitcoin Will Reach $175,000 By Year-End Due to COVID-19 Stimulus Impact

Diginex CEO Predicts Bitcoin Will Reach $175,000 By Year-End Due to COVID-19 Stimulus Impact

Richard Byworth, Diginex CEO has given Bitcoin (BTC) a bullish price projection of $175,000 before the end of the year.

CharacterX Raises $2.8M for AI-DrivenAI Social Networking, Led by Lightspeed

CharacterX Raises $2.8M for AI-DrivenAI Social Networking, Led by Lightspeed

CharacterX, a Stanford-initiated decentralized AI social network, secures $2.8M funding, blending AGI and blockchain to innovate social interactions, with significant user growth and technological advancements.

Gary Gensler Reiterates US SEC’s Support for Bitcoin Futures ETFs

Gary Gensler Reiterates US SEC’s Support for Bitcoin Futures ETFs

The US SEC sees Bitcoin Futures ETFs as an area of market that provides better protection for investors looking to get exposure to the cryptocurrency.

JP Morgan Research: Blockchain Mainstream Years Away, Libra's Hurdles and Bitcoin Hedging

JP Morgan Research: Blockchain Mainstream Years Away, Libra's Hurdles and Bitcoin Hedging

JP Morgan has been one the earliest advocates and adopters of blockchain technology among the major financial institutions and continues to lead many other enterprises in the space. However, a new report by the American institution indicates that while the infrastructure for a digital economy is being developed globally, mainstream adoption is unlikely for at least a few years.

Australia Records Over $14 Million Losses to Crypto Scams in 2019

Australia Records Over $14 Million Losses to Crypto Scams in 2019

Scamwatch, an Australian website dedicated to reporting scams saw an increase in crypto relating scams amounting to $14 million

Ethereum's Pectra Upgrade to Enhance Wallet Functionality and User Experience

Ethereum's Pectra Upgrade to Enhance Wallet Functionality and User Experience

Ethereum's Pectra upgrade, expected in late 2024 or early 2025, will enhance crypto wallets' user experience and functionality, enabling smart contracts and sponsored transactions, but posing security concerns.

US Judge Supports Government Bid to Quash Binance.US's $1 Billion Deal

US Judge Supports Government Bid to Quash Binance.US's $1 Billion Deal

A US judge has supported the government's bid to stop Binance.US from buying the assets of bankrupt crypto lender Voyager for $1 billion. The judge said the government had a substantial case on the merits, with delays potentially costing the estate up to $10 million per month. The sale had been approved earlier by a US bankruptcy judge, but objections from the US Attorney have put it on hold.

Australian Regulator Takes Legal Action Against eToro Over High-Risk and Volatile Trading Products

Australian Regulator Takes Legal Action Against eToro Over High-Risk and Volatile Trading Products

The Australian Securities and Investments Commission (ASIC) has filed a case in the Federal Court against the online investing platform eToro Aus Capital Limited about the suitability of eToro's target market for contract for difference (CFD) products.

GameStop Announces Partnership with FTX US

GameStop Announces Partnership with FTX US

GameStop, the world's largest video game retailer headquartered in Texas State, announced that it has signed a partnership with FTX US ("FTX") to become FTX's preferred retail partner in the United States.

Web3 Gaming Platform LootRush Raises $12m in Seed Round

Web3 Gaming Platform LootRush Raises $12m in Seed Round

Web3 gaming platform LootRush has raised $12 million in seed funding led by crypto company Paradigm, aiming to make playing Web3 video games easier and more convenient for users.

Billionaire Investor Ray Dalio Bearish on Cash Says Central Banks Drive Economy

Billionaire Investor Ray Dalio Bearish on Cash Says Central Banks Drive Economy

Billionaire investor Ray Dalio, the Founder and CIO of Bridgewater Associates asserted that since the 2008 Financial Crisis, the behavior of central banks like the Federal Reserve demonstrates that capital markets are no longer free.

Kraken Has No Plan to Delist Tokens Labeled as Securities by the SEC - Incoming CEO

Kraken Has No Plan to Delist Tokens Labeled as Securities by the SEC - Incoming CEO

Kraken said it won’t remove such tokens from its exchange because it does not offer securities to users.

US Senators Made Bipartisan Compromise on Crypto Clause in Infrastructure Bill

US Senators Made Bipartisan Compromise on Crypto Clause in Infrastructure Bill

The group of Senators pushing for amendments to the Infrastructure Bill has arrived at a compromise as confirmed in a press conference held on Monday.

Infinito And Paxful Partner to Accelerate Cryptocurrency Adoption Across the World

Infinito And Paxful Partner to Accelerate Cryptocurrency Adoption Across the World

Infinito has partnered with Paxful to support cryptocurrency adoption globally.

India's Largest Crypto Exchange CoinDCX Raises $2.5 Million in New Growth Capital to Increase User Base

India's Largest Crypto Exchange CoinDCX Raises $2.5 Million in New Growth Capital to Increase User Base

CoinDCX, India’s largest crypto exchange, has announced that it has raised $2.5 million from investors like Polychain Capital and Coinbase Ventures. Polychain Capital led the funding round with support from Coinbase Ventures, the investment arm of the US cryptocurrency exchange Coinbase. CoinDCX had raised a $3 million Series A round earlier in March, which was also led by Polychain Capital and included HDT Group (operator of BitMEX) and Bain Capital Ventures. The company’s other main investor, Coinbase Ventures, has also made investments in other crypto businesses like BlockFi, Messari, Compound, Securitize, and Etherscan.

Terra's Do Kwon Says He is Cooperating With Prosecutors in New Interview

Terra's Do Kwon Says He is Cooperating With Prosecutors in New Interview

In a new interview with Laura Shin, Do Kwon maintained that he has been cooperating with prosecutors

Singapore police allegedly investigate Hodlnaut

Singapore police allegedly investigate Hodlnaut

Singaporean crypto lender Hodlnaut is reportedly under investigation for cheating and fraud. Multiple complaints against the platform between August and November 2022 prompted the police to investigate the exchange's founders. Singapore police say most complaints involve misrepresentations.

Canada-Based Tahini's Restaurants Trades Entire Cash Reserves For Bitcoin

Canada-Based Tahini's Restaurants Trades Entire Cash Reserves For Bitcoin

Tahinis Restaurants announced that it would be converting all of its cash reserves into Bitcoin.

Ripple Discloses Interest in Bankrupt Crypto Lender Celsius Network

Ripple Discloses Interest in Bankrupt Crypto Lender Celsius Network

Blockchain payments firm Ripple Labs Inc is reportedly interested in learning about the bankrupt crypto lending platform Celsius Network.

US Officials Seized $460M In Robinhood Shares Related To FTX

US Officials Seized $460M In Robinhood Shares Related To FTX

Robinhood shares tied to FTX were confiscated by the U.S. Department of Justice for over $400 million. Sam Bankman-Fried denied eight felony charges, including wire, securities, and campaign financing offenses. Since December, the former FTX CEO has been housebound at his parents' California home.

Intercontinental Exchange Bakkt Bitcoin Futures Trading Platform Goes Live

Intercontinental Exchange Bakkt Bitcoin Futures Trading Platform Goes Live

Launched as of 8 pm EST on Sept. 22, Bakkt’s physically settled Bitcoin futures trading has launched and is now live for trading on the Intercontinental Exchange Futures US (ICE).

Crypto User Scammed Out of $20,000 on Fake Uniswap App

Crypto User Scammed Out of $20,000 on Fake Uniswap App

A user has lost $20K after placing his private key backup phrase in a fake Uniswap mobile app available on the Google Play store.

a16z Leads Blackbird's $24M Series A Funding to Elevate Dining Experiences Through Web3

a16z Leads Blackbird's $24M Series A Funding to Elevate Dining Experiences Through Web3

a16z leads Blackbird’s $24M Series A funding round to foster a web3-enabled platform aimed at revolutionizing dining experiences and financial prospects for restaurants. Announced on October 4, 2023, this investment marks a significant stride towards intertwining blockchain technology with the gastronomic sector, heralding an enriched era of dining engagements.

Binance pivots to stablecoins after SEC regulatory action

Binance pivots to stablecoins after SEC regulatory action

Binance, the largest cryptocurrency exchange by trading volume, has turned to alternative stablecoins such as TrueUSD (TUSD) and decentralized stablecoins, following a regulatory action against its native stablecoin, Binance USD (BUSD), by the US Securities and Exchange Commission (SEC). Binance was forced to seek alternatives after the New York Department of Financial Services (NYDFS) asked BUSD issuer Paxos Trust to stop minting new BUSD altogether.

Woori Financial Group To Provide Cryptocurrency Custody Services

Woori Financial Group To Provide Cryptocurrency Custody Services

South Korean Woori Financial Group has announced that it will establish a digital asset custody joint venture with Korean blockchain developing company Coinplug.

Novi Digital Wallet Ready to Show on the Market, Facebook’s David Marcus Says

Novi Digital Wallet Ready to Show on the Market, Facebook’s David Marcus Says

The head of Facebook Financial, David Marcus, has revealed that Facebook’s Diem cryptocurrency is ready for launch.

Russian FM says No to Crypto Ban

Russian FM says No to Crypto Ban

Russian Finance Minister Anton Siluanov said that cryptocurrencies should not be banned as advocated by the central bank but instead the government should fix the ongoing crypto regulation predicament.

Shibarium Enters Fail Safe Mode to Ensure Funds Are Safe

Shibarium Enters Fail Safe Mode to Ensure Funds Are Safe

Shibarium, an Ethereum layer-2 blockchain, activated its Fail Safe mode post-launch due to high traffic, ensuring fund safety. The team is scaling to meet user demands.

Chiliz (CHZ) and K League Forge Partnership for Enhanced Fan Engagement and Global Expansion

Chiliz (CHZ) and K League Forge Partnership for Enhanced Fan Engagement and Global Expansion

K League partners with Chiliz to enhance fan engagement and global outreach through blockchain technology, integrating 'K League Fantasy' into the Chiliz Chain.

Estonia Revokes 500 Crypto Business Licenses in a Move Against Illegal Money Laundering Activities

Estonia Revokes 500 Crypto Business Licenses in a Move Against Illegal Money Laundering Activities

Estonian authorities have recently revoked licenses from 500 crypto firms, and consequently tightened market regulations within the crypto sector.

Netherlands’ ING Bank Sells Digital Asset Custody Solution Pyctor to GMEX

Netherlands’ ING Bank Sells Digital Asset Custody Solution Pyctor to GMEX

GMEX acquired Pyctor from ING to expand its digital assets trading offering services and to fulfil growing demands from banks, asset management firms and other institutions.

Sam Altman Advocates for Energy Breakthroughs in AI at Davos Forum

Sam Altman Advocates for Energy Breakthroughs in AI at Davos Forum

At the World Economic Forum in Davos, OpenAI CEO Sam Altman emphasized the need for an energy breakthrough to sustain future AI development, advocating for investment in fusion and other sustainable energy sources.

Russians are Rushing to Buy Bitcoin as COVID-19 Pandemic Continues

Russians are Rushing to Buy Bitcoin as COVID-19 Pandemic Continues

As governments around the world continue to battle ill-effects of the ongoing COVID pandemic, Bitcoin is turning out an investment of choice among developing and emerging economies. Officials from the Russian chapter of Binance, Garantex, and EXMO shared insights with the Russian publication, confirming the growth in users originating from the country. All the bourses have mandatory KYC policies in place, meaning the reported figures are accurate.

Could Blockchain Increase Diversity in the Way Films are Nominated for the Academy Awards?

Could Blockchain Increase Diversity in the Way Films are Nominated for the Academy Awards?

The film awards season has finally passed for the year and a look back over the last few weeks, unfortunately, uncovers lingering problems with diversity among the nominations for both the BAFTAs and the Academy Awards (Oscars). Could blockchain provide a solution?

Satoshi Nakamoto's Quotes on Trust - Trusted Third Parties

Satoshi Nakamoto's Quotes on Trust - Trusted Third Parties

Satoshi Nakamoto's Quotes on Trust - Trusted Third Parties

Celsius to Transition to Mining-Only NewCo following Bankruptcy Court's Confirmation of Plan

Celsius to Transition to Mining-Only NewCo following Bankruptcy Court's Confirmation of Plan

Celsius Network, following bankruptcy court approval, is transitioning to a Bitcoin mining-focused entity to address regulatory challenges from the SEC.

Citi Joins BondbloX Bond Exchange as First Digital Custodian

Citi Joins BondbloX Bond Exchange as First Digital Custodian

Citi Securities Services has become the first digital custodian participant on the BondbloX Bond Exchange (BBX), the world's first fractional bond exchange. The partnership allows Citi clients to become BBX participants, facilitating the trading of both fractionalized and full-sized bonds. Citi will oversee settlement and custody services. The partnership aims to enhance digital financial market infrastructure, provide transparency, electronic operations, and universal accessibility in the bond market.

Justin Sun's TRON to Receive $2 Million from US Government Aid Coronavirus Relief

Justin Sun's TRON to Receive $2 Million from US Government Aid Coronavirus Relief

Justin Sun’s Tron platform has obtained US government aid of more than $2 million in coronavirus relief. The ongoing coronavirus crisis has wreaked havoc in the US financial markets. Particularly small-sized businesses are suffering from the economic shutdown meant to slow down the spread of coronavirus. With hundreds of thousands of employees in danger of losing their jobs, the US government created the Paycheck Protection Program (PPP) to help small businesses stay afloat. The money does not need to be repaid.

Ethereum Foundation Rebrands ETH 2.0 to Consensus Layer, Breaking Broken Mental Model to Users

Ethereum Foundation Rebrands ETH 2.0 to Consensus Layer, Breaking Broken Mental Model to Users

With the evolution of the Ethereum roadmap, ETH 2.0 has emerged as an inaccurate representation, and this has necessitated its rebranding so that a broader audience can comprehend its content.

Blockchain Deals Are Shifting from the US to China, CB Insights Report

Blockchain Deals Are Shifting from the US to China, CB Insights Report

Blockchain Deals Are Shifting from the US to China, CB Insights Report

Head Chef Says DEX Aggregator Will 10x SushiSwap's Market Share

Head Chef Says DEX Aggregator Will 10x SushiSwap's Market Share

In a Jan 16 Medium article, Sushi CEO Jared Grey detailed the DeFi platform. A Q1 DEX aggregator and 2023 decentralized incubator are planned. After a Dec 6 governance proposal showed that Sushi's treasury had 1.5 years remaining, new offerings were proposed.

Australia and Singapore Authorities Completes Trial for Blockchain-based Cross-Border Document Verification

Australia and Singapore Authorities Completes Trial for Blockchain-based Cross-Border Document Verification

Australian and Singaporean authorities have conducted a blockchain trial for cross-border digital trade document verification.

9 Cryptos Named as Securities by SEC amid Coinbase Insider Trading Charges

9 Cryptos Named as Securities by SEC amid Coinbase Insider Trading Charges

The US SEC listed nine cryptocurrencies as securities in response to the first-ever insider trading case involving crypto tokens against a former Coinbase employee.

Four Payment Operators Join in Suspending their Services in Russia amid Ukraine Crisis

Four Payment Operators Join in Suspending their Services in Russia amid Ukraine Crisis

Four payment operators announce to suspend their payment services in Russia following the Russian invasion of Ukraine.

Binance Coin Sets New ATH as Binance CEO Hints at Token Burn

Binance Coin Sets New ATH as Binance CEO Hints at Token Burn

Among the altcoins that have recently rallied bullishly, Binance Coin surged to a new ATH of $586.23.

Helio Lending Faced with Non-Conviction Bond Over False Australian Credit Licence Claims

Helio Lending Faced with Non-Conviction Bond Over False Australian Credit Licence Claims

Helio Lending faced a non-conviction bond for falsely claiming an Australian credit licence, as revealed by ASIC. The Melbourne-based crypto lender's misleading act underscores the need for transparency in the growing crypto sector.

Ethereum Validators Hit 300,000, Non-Zero ETH Addresses Reach ATH

Ethereum Validators Hit 300,000, Non-Zero ETH Addresses Reach ATH

The number of validators on the Ethereum network continues gaining steam after hitting the 300,000 mark.

eToro’s Crypto Exchange eToroX to List Elrond’s eGLD Token

eToro’s Crypto Exchange eToroX to List Elrond’s eGLD Token

eToro’s will list Elrond’s native cryptocurrency eGLD on its cryptocurrency exchange, eToroX. eToroX is one of the largest regulated and licensed crypto exchanges in the market, and the listing of eGLD will make the token available to trade against more than fifteen cryptocurrencies.

Blockchain Against Corona: How the World Health Organization Uses DLT Compared to the Rest of the Globe

Blockchain Against Corona: How the World Health Organization Uses DLT Compared to the Rest of the Globe

With disruptive technology including blockchain being continuously deployed to tackle the coronavirus COVID-19 pandemic, the World Health Organization (WHO) has chosen to partner with leading technology and blockchain companies to build a distributed ledger technology-based platform to share data.

OpenSea NFT Marketplace Faces Legal Action for Alleged Lack of Security

OpenSea NFT Marketplace Faces Legal Action for Alleged Lack of Security

An NFT collector is suing OpenSea. After being phished, the investor alleges he was locked out for almost three months. $500,000. Theft is a major environment concern. NFT launched a stolen goods policy on Aug. 11, 2022. OpenSea failed to aid several Twitter users whose NFTs were taken.

Creditors owed money by FTX

Creditors owed money by FTX

FTX lawyers submitted its creditor matrix to the U.S. Bankruptcy Court on Jan. 25. The 115-page document lists creditors alphabetically. Airlines, hotels, charities, banks, venture capitalists, and media are creditors.

Binance.US Hires Ex-Paypal CFO Jasmine Lee

Binance.US Hires Ex-Paypal CFO Jasmine Lee

Jasmine Lee, a veteran financial expert from Paypal, has joined Binance.US as its new Chief Financial Officer (CFO).

CFG Scale in Stable Diffusion: A Comprehensive Analysis

CFG Scale in Stable Diffusion: A Comprehensive Analysis

The Classifier-Free Guidance Scale (CFG Scale) is a crucial parameter in the Stable Diffusion model, enabling users to balance image fidelity and creativity. It converts textual prompts into visual representations, bridging the gap between human imagination and AI visualization.

FTX Taps Eventus for Global Crypto Trade Surveillance and Risk Monitoring

FTX Taps Eventus for Global Crypto Trade Surveillance and Risk Monitoring

FTX will use the Eventus Validus platform to meet all of its global crypto trade surveillance needs.

US Space Force Makes its Foray into the NFT Metaverse

US Space Force Makes its Foray into the NFT Metaverse

The United States Space Force is launching an NFT series named after Neil Armstrong.

CryptoZoo, Logan Paul Sued for $5M Over his allegations

CryptoZoo, Logan Paul Sued for $5M Over his allegations

A class action complaint alleges Crypto Zoo, Logan Paul, and other executives "fraudulently" retained consumer monies and failed to fulfil promised advantages.

EU Ensures Russia Cannot Bypass Sanctions through Crypto, Says French Finance Minister Le Maire

EU Ensures Russia Cannot Bypass Sanctions through Crypto, Says French Finance Minister Le Maire

French Finance Minister Bruno le Maire said the EU is looking for ways other than cryptocurrencies to impose sanctions on Russia, according to Reuters.

FTX Secures Global Sponsorship Deal With Golden State Warriors, Estimated $10M Worth

FTX Secures Global Sponsorship Deal With Golden State Warriors, Estimated $10M Worth

FTX Derivatives Exchange has inked a global sponsorship deal with professional NBA basketball team Golden State Warriors. Reportedly, the deal is a multi-year pact estimated to be worth about $10 million.

Five Things Everyone Should Know About Blockchain Benefits in Aviation Security

Five Things Everyone Should Know About Blockchain Benefits in Aviation Security

Recent news has brought blockchain’s role on spotlight in aviation security. Of course, blockchain provides bold promises, highly useful in aviation security, and therefore are worth to be investigated.

"The Wars to Come," Blockchain - A Game Changer for Auditors

"The Wars to Come," Blockchain - A Game Changer for Auditors

Blockchain technology has the potential to upend Audit, Assurance and Control functions —Auditors need to stay attuned to emerging use cases. As Role and skillsets of Auditors will change as new Blockchain-based techniques and procedures emerge.

Offshore Tax Invasion Continues to be Investigated by OECD

Offshore Tax Invasion Continues to be Investigated by OECD

The Organization for Economic Co-operation and Development (OECD) thinks that cryptocurrency might be the solution in preventing large scale tax evasion activities that are ongoing all over the world.

ConsenSys Acquires Hal to Improve Alerts

ConsenSys Acquires Hal to Improve Alerts

Infura co-founder Eleazar Galano said the startup would cover holes in crypto ecosystem app development.

US House Committee to Discuss Stablecoins Regulation

US House Committee to Discuss Stablecoins Regulation

The US House Committee on Financial Services will conduct a hearing on April 19 to evaluate stablecoins’ position as a means of payment and whether the payment ecosystem needs supporting legislation. Circle's chief strategy officer and head of global policy, Dante Disparte, will testify at the hearing, which will focus on various stablecoins and their use in the payments landscape. A draft bill providing a framework for stablecoins in the United States was recently published in the House of Representatives document repository.

Crypto Exchange Anchex Raises $1M to Expand Customer Base

Crypto Exchange Anchex Raises $1M to Expand Customer Base

U.S.-based cryptocurrency exchange Anchex has raised its largest-ever investment of up to $1 million to expand the customer market.

SEC to Give "Careful Consideration" to Concern about Spot BTC ETFs: Gensler

SEC to Give "Careful Consideration" to Concern about Spot BTC ETFs: Gensler

Gary Gensler, Chairman of the United States Securities and Exchange Commission (SEC), has promised to give a “Careful Consideration” about spot Bitcoin Exchange Traded Products (ETPs).

Victims of BitConnect Ponzi Scheme to Benefit from the Liquidation of $57M Crypto Assets

Victims of BitConnect Ponzi Scheme to Benefit from the Liquidation of $57M Crypto Assets

Victims of BitConnect fraud scheme have a reason to smile about after a court order granted the sale of cryptocurrencies accrued from the scam.

Pre-Election Stimulus Package: Price Implications For BTC, ETH, and XRP

Pre-Election Stimulus Package: Price Implications For BTC, ETH, and XRP

With the possible release of a new stimulus package in the US, here is a short and long term price analysis of what you could expect from BTC, ETH, and XRP.

SEC panel votes in favor of proposal that may make it more difficult

SEC panel votes in favor of proposal that may make it more difficult

The US Securities Exchange and Commission has proposed new laws that would make it harder for crypto businesses to supply custody solutions. Opponents think this will hurt.

GOP Senators Urge US Olympic Committee to Bar Athletes from Using Digital Yuan, China Rebukes Criticism

GOP Senators Urge US Olympic Committee to Bar Athletes from Using Digital Yuan, China Rebukes Criticism

Three U.S. Republican senators urged United States Olympic & Paralympic Committee (USOPC) to ban American athletes from acquiring or using digital yuan (e-CNY) in the Beijing Winter Olympics in 2022. China rebukes their criticism.

The U.S. government's regulatory strategy towards crypto firms

The U.S. government's regulatory strategy towards crypto firms

US officials reportedly discourage banks from serving the bitcoin business.

SAP Announces 2 Billion Euro Restructuring Plan Affecting 8,000 Jobs

SAP Announces 2 Billion Euro Restructuring Plan Affecting 8,000 Jobs

SAP SE announces a major restructuring plan, allocating €2 billion to reorient 8,000 roles towards AI-driven business areas, in response to the rapidly evolving tech industry landscape.

Eddy Alexandre Pleads Guilty to Commodities Fraud

Eddy Alexandre Pleads Guilty to Commodities Fraud

After pleading guilty to stealing $248 million from investors, EminiFX CEO Eddy Alexandre might serve 10 years in jail.

The Adoption of Bitcoin May See Considerable Increase if the Proposed Cash Ban in Australia Activates

The Adoption of Bitcoin May See Considerable Increase if the Proposed Cash Ban in Australia Activates

Under the new bill being considered by the Australian Parliament, people could be jailed for two years and pay a fine of $ 25,200 for just using more than $10,000. If this bill is passed, it will force its citizens to look away from traditional fiat currencies and go for decentralized digital currencies such as Bitcoin.

U.S. District Court Hears Sam Bankman-Fried

U.S. District Court Hears Sam Bankman-Fried

Sam Bankman-lawyers Fried's want FTX's money released from bail.

Binance to Phase Out BUSD Support by February 2024 Amid Paxos Minting Halt

Binance to Phase Out BUSD Support by February 2024 Amid Paxos Minting Halt

Binance will discontinue support for Binance USD (BUSD) by February 2024, affecting trading, futures, and loans. Users holding BUSD are advised to convert their assets to other stablecoins or digital assets on Binance, with a 1:1 conversion rate.

SEC Commissioner Elad Roisman Sets to Leave the Agency in next January

SEC Commissioner Elad Roisman Sets to Leave the Agency in next January

Elad Roisman, one of the Commissioners with the U.S. SEC has tendered his resignation with President Joe Biden in preparation for his exit from the agency by the end of January 2022.

Exclusive: Is Belarus the Heaven for Tokenized Exchanges?

Exclusive: Is Belarus the Heaven for Tokenized Exchanges?

In this interview with George Paliani, CBDO of Currency.com, we explored the fundamentals of the tokenization of assets and its underlying regulatory requirements. George explained that Currency.com isn’t just an ordinary exchange, where it is a platform with cryptocurrencies and traditional financial products such as commodities, indices, stocks, bonds.

Elon Musk's X to Launch In-App Payment Services by Mid-2024

Elon Musk's X to Launch In-App Payment Services by Mid-2024

Elon Musk's X plans to launch in-app payment services by mid-2024, indicating a shift from his previous crypto interests to fiat currency.

Telegram Prohibited from Issuing Gram Tokens as US Court Grants SEC's Injunction

Telegram Prohibited from Issuing Gram Tokens as US Court Grants SEC's Injunction

A United States District Court has sided with the US Securities and Exchange Commission (SEC) granting an injunction against Telegram to to temporarily prevent the company from issuing its Gram tokens.

The Bank of Russia Says CBDC Will Eliminate Challenges Caused by Cryptocurrencies

The Bank of Russia Says CBDC Will Eliminate Challenges Caused by Cryptocurrencies

An executive working at Russia’s Central Bank has stated that a Central Bank Digital Currency could serve as a response to problems being created by cryptocurrencies.

Solana Spaces to Close Down Stores

Solana Spaces to Close Down Stores

Solana Spaces shuttered its two Solana-themed retail outlets in New York and Miami after seven months, citing a shift in investment emphasis.

US Labor Department Urges Caution over Crypto Investment in 401k Retirement Plans

US Labor Department Urges Caution over Crypto Investment in 401k Retirement Plans

Cryptocurrency is approaching ERISA plans, but the U.S. labour department is taking notice and expressing concern.

Ukraine Legalizes Bitcoin amid Intensified Tension with Russia

Ukraine Legalizes Bitcoin amid Intensified Tension with Russia

The Ukrainian parliament unanimously voted to legalize Bitcoin and cryptocurrencies by passaging a Virtual Assets law on Thursday, amid the intensified tension with the potential military conflicts with Russia.

First Belgian Elected as European Legislator to Accept Salary in Bitcoin

First Belgian Elected as European Legislator to Accept Salary in Bitcoin

Following in the footsteps of New York City Mayor Eric Adams, Brussels MP Christophe De Beukelaer intends to convert his salary to Bitcoin.

Western Union Makes Offer to Acquire Cross-Border Payments Firm MoneyGram

Western Union Makes Offer to Acquire Cross-Border Payments Firm MoneyGram

Financial giant, Western Union is in discussions to acquire cross-border payments company MoneyGram according to an anonymous source close to the deal.

Bitcoin Evaporated 30 Billion Market Cap Amid Coronavirus Pandemic and Bearish Economic Outlook

Bitcoin Evaporated 30 Billion Market Cap Amid Coronavirus Pandemic and Bearish Economic Outlook

There's a sea of Red for stocks and cryptocurrencies this week. Bitcoin has dipped below USD $6000 for the first time since May 2019. The selloff of cryptocurrencies has extended to altcoins which the price of Ethereum and Bitcoin SV have dropped 30% and 40% respectively.

Breaking: PayPal Launches Stablecoin PYUSD

Breaking: PayPal Launches Stablecoin PYUSD

PayPal has launched a U.S. dollar stablecoin, PayPal USD (PYUSD), backed by U.S. dollar deposits and Treasuries.

Media Outlets Object to Withholding Identities in FTX Bankruptcy Proceedings

Media Outlets Object to Withholding Identities in FTX Bankruptcy Proceedings

Major media outlets have objected to the withholding of non-US customer identities during FTX's bankruptcy proceedings, citing the public's right to access bankruptcy filings. FTX and its customers have failed to justify the need for such secrecy, according to the media outlets.

AI Transforming Cybersecurity Landscape: Key Challenges and Solutions

AI Transforming Cybersecurity Landscape: Key Challenges and Solutions

AI is transforming the cybersecurity landscape in 2024 with advanced threat detection, zero-trust architecture, and generative AI, while facing challenges like adversarial AI and regulatory complexities.

SEC Chair Says Lummis-Gillibrand Bill Could ‘Undermine’ Market Protections

SEC Chair Says Lummis-Gillibrand Bill Could ‘Undermine’ Market Protections

The legislation bill provides a framework that develops clear standards and defines appropriate jurisdictional boundaries.

Venture capital firm Andreessen Horowitz voted against a Uniswap proposal

Venture capital firm Andreessen Horowitz voted against a Uniswap proposal

Andreessen Horowitz (a16z) opposed a final plan to instal Uniswap V3 on the BNB Chain utilising the Wormhole bridge.

Binance Launches Reward Campaign for Bitcoin Halving

Binance Launches Reward Campaign for Bitcoin Halving

Binance announces a 13,000 FDUSD reward pool to incentivize Bitcoin purchases via its "Buy Crypto" feature, aligning with the Bitcoin Halving event.

Congressional Memo Challenges SEC's SAB 121

Congressional Memo Challenges SEC's SAB 121

Congress members question the enforceability of the Securities and Exchange Commission's Staff Accounting Bulletin 121, arguing it deviates from standard accounting practices, misrepresents custodians' responsibilities, and increases consumer risk.

Exclusive Interview With Agoric Director of Developer Relations

Exclusive Interview With Agoric Director of Developer Relations

Agoric is a Layer 1 Proof-of-Stake public blockchain and smart contract platform, empowering over 14 million JavaScript developers to pioneer Web3. It offers a component library, in-depth guides, tutorials, career growth opportunities, and decentralized finance. Agoric also provides regular developer office hours, technical support, and boot camps.

Taiwanese Authorities Caution Against Crypto Betting for 2024 Presidential Election

Taiwanese Authorities Caution Against Crypto Betting for 2024 Presidential Election

Taiwanese authorities warn against using cryptocurrency betting platforms for the January 2024 presidential election, amid ongoing investigations and multiple arrests.

Coinbase Welcomes New Chief Legal Officer from Facebook's Legal Team: Introducing Paul Grewal

Coinbase Welcomes New Chief Legal Officer from Facebook's Legal Team: Introducing Paul Grewal

Coinbase proudly announced in a July 8 blog post that a new addition will be made to the crypto exchange’s legal team. Paul Grewal, a former US magistrate judge in California and Deputy General Counsel for Facebook, will be joining the ranks of the digital currency exchange.

US Crypto Crackdown Hurts USD Coin

US Crypto Crackdown Hurts USD Coin

Circle CEO Jeremy Allaire has blamed the declining market capitalization of USD Coin (USDC) on the cryptocurrency crackdown by US regulators. Allaire cited global concern about the US banking system and regulatory environment as major factors.

Intercontinental Exchange Plans to Launch Bakkt Bitcoin USD Cash Settled Monthly Futures

Intercontinental Exchange Plans to Launch Bakkt Bitcoin USD Cash Settled Monthly Futures

Singaporean Intercontinental Exchange (ICE) announced its plan to launch the Bakkt Bitcoin (USD) Cash Settled Monthly Futures, the first well-regulated futures platform for cryptocurrencies, on December 9.

Singapore High Court Upholds DeFiance Capital's Claim Against Three Arrows Capital

Singapore High Court Upholds DeFiance Capital's Claim Against Three Arrows Capital

Singapore's High Court upheld DeFiance Capital founder Arthur Cheong's trust relationship over assets disputed in bankruptcy proceedings, establishing investors' rights in cryptocurrency assets and trust law.

TRON Toasts Tether Takeover in Bumper Year for Blockchain Network

TRON Toasts Tether Takeover in Bumper Year for Blockchain Network

2020 will go down as a good year for crypto and a very good year for TRON. While the entire industry came on in leaps and bounds, the progress made within the ever-expanding TRON ecosystem was particularly impressive, giving even its skeptics pause for thought.

NSA Whistleblower Edward Snowden Might Return to US as President Trump Considers Pardon

NSA Whistleblower Edward Snowden Might Return to US as President Trump Considers Pardon

US President Donald Trump is considering an executive pardon for NSA whistleblower Edward Snowden after 7 years of exile in Russia. Snowden has been an advocate of Bitcoin for some time and most of the servers he used to leak the sensitive information were paid for in Bitcoin.

FTX US Acquires Clearing Firm Embed, Enhancing its Stock Offerings

FTX US Acquires Clearing Firm Embed, Enhancing its Stock Offerings

FTX US has announced the acquisition of Embed Financial Technologies Inc., including its wholly-owned subsidiary Embed Clearing LLC for an undisclosed sum.

USDT Tokens Now Live on the Polkadot Network

USDT Tokens Now Live on the Polkadot Network

Tether Limited recently expanded its reach across various blockchain platforms by launching its stablecoin (USDT) on the Polkadot network

Russian Finance Ministry on Track to Legalize Crypto for Cross-Border Payments

Russian Finance Ministry on Track to Legalize Crypto for Cross-Border Payments

The current economic landscape in Russia is forcing both the Central Bank and the Ministry of Finance to rethink their approaches to cryptocurrencies.

World Economic Forum Launches New Blockchain Toolkit for Supply Chains to Support the World Through Post-COVID Economic Recovery

World Economic Forum Launches New Blockchain Toolkit for Supply Chains to Support the World Through Post-COVID Economic Recovery

The World Economic Forum (WEF) has just released its Blockchain Deployment Toolkit, aiming to enable companies of any size to be able to maximize the benefits of integrating blockchain technology in the supply chain sector. The toolkit allows companies to be able to get a better idea of how to handle deploying blockchain technology in regards to supply chain uses.

Making a Difference in Africa: Paxful Unveils Bitcoin Donation Fund to Overcome Coronavirus Pandemic

Making a Difference in Africa: Paxful Unveils Bitcoin Donation Fund to Overcome Coronavirus Pandemic

Paxful aims to provide support in Africa to address the coronavirus outbreak.

Australia’s Securities Regulator Approves the Launch of Crypto ETFs

Australia’s Securities Regulator Approves the Launch of Crypto ETFs

Australia Securities and Investments Commission (ASIC) has finally opened the door for crypto ETFs to trade on Australian stock exchanges.

SafeMoon CEO's Bail Release Suspended Due to Flight Risk Concerns

SafeMoon CEO's Bail Release Suspended Due to Flight Risk Concerns

SafeMoon CEO Braden John Karony's bail release has been postponed due to potential flight risk and community danger following allegations of financial fraud and money laundering.

Bankrupt crypto exchange FTX has acknowledged a recent spate of third party scams

Bankrupt crypto exchange FTX has acknowledged a recent spate of third party scams

FTX alerted consumers about fraudsters stealing account information with promises of asset returns.

Decentralized Exchanges—UniSwap vs SushiSwap Explained

Decentralized Exchanges—UniSwap vs SushiSwap Explained

A quick insight into the world of decentralized exchanges and the ongoing war between Uniswap and Sushiswap.

Snowcrash Launches NFT platform, Working with Sony Music Entertainment and Universal Music Group

Snowcrash Launches NFT platform, Working with Sony Music Entertainment and Universal Music Group

Solana-based NFT marketplace Snowcrash announced a partnership with Sony Music Entertainment and Universal Music Group by launching an NFT trading platform.

FTX Exchange Announces Customer Claims Portal and Deadline for Filing Claims

FTX Exchange Announces Customer Claims Portal and Deadline for Filing Claims

FTX Exchange has launched a Customer Claims Portal for filing proof of claims. The deadline for submission is September 29, 2023, at 4 pm ET.

Blockchain-Based Tenancy Platform via REIQ-Igloo Collaboration in Australia

Blockchain-Based Tenancy Platform via REIQ-Igloo Collaboration in Australia

Real Estate Institute of Queensland (REIQ) has partnered with an Australian technology firm, Igloo in setting up a blockchain-based tenancy platform that will propel productivity and efficiency in Queensland's real estate sector.

Crypto for Sex: Blockchain Takes Off in the Adult Entertainment Industry

Crypto for Sex: Blockchain Takes Off in the Adult Entertainment Industry

Cryptocurrencies have become increasingly popular in the adult entertainment industry, as it can guarantee a high level of anonymity to its users, especially for pornography-related businesses.

Tom Emmer's Nonpartisan Amendment to Limit SEC's Enforcement on Digital Assets Passes House

Tom Emmer's Nonpartisan Amendment to Limit SEC's Enforcement on Digital Assets Passes House

GOP Majority Whip Tom Emmer passed a House amendment restricting SEC's enforcement against digital assets until relevant legislation is enacted, highlighting the push for legislative clarity in cryptocurrency regulation.

Heath Tarbert Joins Circle as Chief Legal Officer and Head of Corporate Affairs

Heath Tarbert Joins Circle as Chief Legal Officer and Head of Corporate Affairs

Circle Internet Financial has appointed Heath Tarbert as its new chief legal officer and head of corporate affairs, effective from July 1, 2023.

Stablecoin and Its Potential Business Uses

Stablecoin and Its Potential Business Uses

Blockchain innovation has significantly changed the way we thought in the traditional financial sector. All of those concepts and business models, such as decentralization, cryptographic tokens, and digital ledger, also brought us more imaginations toward the future forms of money.

Prime Core Faces $8M Loss Amid TerraUSD's Collapse

Prime Core Faces $8M Loss Amid TerraUSD's Collapse

Prime Core Technologies, parent of Prime Trust, experienced an $8 million financial setback due to investments in TerraUSD, a stablecoin, leading to bankruptcy proceedings in August 2023, highlighting the cryptocurrency market's volatility.

US Government Plans to Use USDC Stablecoin to Offer Foreign Aid in Venezuela

US Government Plans to Use USDC Stablecoin to Offer Foreign Aid in Venezuela

U.S government has tapped Circle’s USDC stablecoin to offer foreign aid in Venezuela through President-elect Juan Guaidó exiled government.

Digital Dollar Project to Begin Pilot Testing to Gather Data for CBDC

Digital Dollar Project to Begin Pilot Testing to Gather Data for CBDC

The Digital Dollar Foundation is planning to run a pilot test for the US CBDC project.

Bankrupt Celsius Seeks to Return $50m of Locked Crypto for Custody Holders

Bankrupt Celsius Seeks to Return $50m of Locked Crypto for Custody Holders

The filing from Celsius comes a few days after a group of customers claiming about $25 million in custody holdings petitioned the court for payback of their funds.

Russia's Central Bank Plans to Launch its CBDC-Digital Ruble across all Banks in 2024

Russia's Central Bank Plans to Launch its CBDC-Digital Ruble across all Banks in 2024

The Bank of Russia launched a digital ruble experiment in 2022 to explore business models and innovative use cases for central bank digital currencies (CBDCs).

Bitcoin and Ethereum are Risking a Second Price Dip

Bitcoin and Ethereum are Risking a Second Price Dip

Reasons why both Bitcoin and Ethereum are at risk of a second price dip this week.

Blockchain-Based Voting Could Solve Trump and Biden Presidential Election Dispute

Blockchain-Based Voting Could Solve Trump and Biden Presidential Election Dispute

The US Presidential election is coming to an end, although results are still being anticipated. This is how blockchain can change the voting system.

Bitfinex and Tether Face Market Manipulation Class Action Lawsuit

Bitfinex and Tether Face Market Manipulation Class Action Lawsuit

Roche Freedman, New York-based legal firm, filed a class-action lawsuit on behalf of those who own cryptocurrency against Bitfinex and Tether and others for crypto market manipulation and creating the largest bubble in history.

TZERO Shut Down Crypto Exchange

TZERO Shut Down Crypto Exchange

Customers may "orderly remove" assets on March 6.

SEC Ties Terraform Ruling to Binance in Securities Violations and Deceptive Practice Case

SEC Ties Terraform Ruling to Binance in Securities Violations and Deceptive Practice Case

SEC links Terraform Labs ruling to Binance case, alleging unregistered securities offerings and deceptive practices in crypto trading.

FTX's Bankman-Fried Considering to Bid on Celsius' Assets

FTX's Bankman-Fried Considering to Bid on Celsius' Assets

Sam Bankman-Fried is considering bidding for the assets of bankrupt lender Celsius Network, according to a source familiar with the matter.

Galaxy Digital CEO Says Powell’s 2nd-Term at US Fed Reserve Could Hurt Crypto Market

Galaxy Digital CEO Says Powell’s 2nd-Term at US Fed Reserve Could Hurt Crypto Market

Mike Novogratz talked about critical impacts on the crypto market following Jerome Powell’s reappointment as Federal Reserve chairman.

Victory Capital Applies to List A Crypto ETF to The US SEC

Victory Capital Applies to List A Crypto ETF to The US SEC

Victory Capital Management has become the latest investment firm to applies for a cryptocurrency exchange-traded fund.

Risk or Opportunity: Uniswap's UNI Rose by 133% and SushiSwap by 143% in the Past 12 Days

Risk or Opportunity: Uniswap's UNI Rose by 133% and SushiSwap by 143% in the Past 12 Days

Uniswap's UNI token has surged by 133% in the past week, with SushiSwap rallying and recording its own increase of 143%.

Tether Completes Reserves Attestation by Major Global Accounting Firm

Tether Completes Reserves Attestation by Major Global Accounting Firm

BDO, a global accounting company, has attested Tether's reserves.

Transactions Worth over $100K Escalate on the Dogecoin Network after Elon Musk's Acquisition of Twitter

Transactions Worth over $100K Escalate on the Dogecoin Network after Elon Musk's Acquisition of Twitter

Dogecoin has been in a frenzy in the past 24 hours following the acquisition of Twitter by Elon Musk, the CEO of Tesla Inc.

Ethereum Foundation's 1.7K ETH Sale Signals Potential Price Downturn

Ethereum Foundation's 1.7K ETH Sale Signals Potential Price Downturn

The Ethereum Foundation's sale of 1,700 ETH, coupled with pessimistic views from a crypto trading KOL and Mike Alfred, has fueled concerns about Ethereum's financial outlook. These developments may signal a potential downturn in ETH prices.

PARSIQ Integrates Chainlink Oracle Price Feeds to Trigger Off-Chain Actions and Trading Decisions

PARSIQ Integrates Chainlink Oracle Price Feeds to Trigger Off-Chain Actions and Trading Decisions

Blockchain monitoring and automation platform PARSIQ has integrated Chainlink price oracles to trigger off-chain actions and trading decisions.

Australia to Continue Treating Cryptos as Assets

Australia to Continue Treating Cryptos as Assets

According to the Australian government's budget announcement on Tuesday, legislation will be put upon treating digital currencies such as bitcoin as an asset.

DBS Bank to Expand Crypto Services to Hong Kong

DBS Bank to Expand Crypto Services to Hong Kong

As Hong Kong strives to become a digital asset center, Singapore state-owned megabank DBS Group plans to extend its crypto platform there.

Japan Aims to Curb the Potential Influence of China’s Digital Currency With Help From the US

Japan Aims to Curb the Potential Influence of China’s Digital Currency With Help From the US

Aiming to curb the potential influence of China’s digital currency electronic payment, its nation’s central bank digital currency, Japan is looking to release its own digital currency proposals today. According to Prime Minister Shinzo Abe, the country is also requesting support from the US Federal Reserve.

US Government to Auction $130 Million in Silk Road Bitcoin

US Government to Auction $130 Million in Silk Road Bitcoin

The US government is auctioning over $130 million in Bitcoin seized from the Silk Road case, involving digital assets linked to criminal activities. This significant move reflects the evolving approach to handling cryptocurrencies in law enforcement.

Russian Policy Boss Wants to Block Cryptocurrencies, Says They Are Difficult to Regulate

Russian Policy Boss Wants to Block Cryptocurrencies, Says They Are Difficult to Regulate

Anatoly Aksakov, head of the State Duma Financial Market Committee, stated that the country should explore other options for crypto regulation.

Crypto Hacks in Q1 2023

Crypto Hacks in Q1 2023

In Q1 2023, hackers accessed over $320 million through 139 incidents on BNB Chain and losses of $221 million on Ethereum. While significantly lower than Q1 and Q4 2022, the quarter saw hundreds of millions lost, with 60% due to the Euler Finance hack. However, funds were recovered through negotiations with hackers, a trend increasingly common in the industry.

Circle Launches Programmable Wallets for Developers

Circle Launches Programmable Wallets for Developers

Circle has launched Programmable Wallets, a service allowing developers to embed crypto wallets in apps. The blockchain-agnostic tool supports Ethereum, Polygon, and Avalanche.

Former Tmon CEO faces arrest for taking bribes to promote Terra Classic

Former Tmon CEO faces arrest for taking bribes to promote Terra Classic

According to South Korean authorities, advertising raised the price of Terra Classic token LUNC.

Riot Blockchain's Texas Mining Operations Disrupted by Winter Storms

Riot Blockchain's Texas Mining Operations Disrupted by Winter Storms

Riot Platforms' 2023 hash rate ambitions were slowed by Texas winter weather.

FTX's Draft Reorganization Plan: Zeroing FTT Claims and Subordinating Non-Customer

FTX's Draft Reorganization Plan: Zeroing FTT Claims and Subordinating Non-Customer

FTX's draft reorganization plan zeroes FTT claims and subordinates non-customer claims, outlining key strategies for asset distribution and legal resolutions.

Veteran Analyst Peter Brandt Exited Stocks and Bitcoin Portfolio, Returned To US Dollar

Veteran Analyst Peter Brandt Exited Stocks and Bitcoin Portfolio, Returned To US Dollar

Veteran technical trader Peter Brandt cashed out his stock and Bitcoin portfolio just before the market crash on 3rd September.

Celsius Creditors to Sue Executives for Fraud

Celsius Creditors to Sue Executives for Fraud

The Celsius Official Committee of Unsecured Creditors alleges "substantial claims and causes of action" against Alex Mashinsky and other executives for fiduciary breaches and fraudulent transactions.

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.

Russia Finally Showing Signs of Embracing Digital Assets in New Bill

Russia Finally Showing Signs of Embracing Digital Assets in New Bill

After successfully undergoing test period, tokenization is set to take centre stage with reforms as newly proposed cryptocurrency legislation in Russia received the green lights.

Digital Currency Group Sells Shares in Subsidiary's Crypto Funds

Digital Currency Group Sells Shares in Subsidiary's Crypto Funds

As the crypto empire struggles, Barry Silbert's Digital Currency Group has divested interests in Grayscale Investments funds.

Ethereum’s Social Volume Climbs to an 11-Week High

Ethereum’s Social Volume Climbs to an 11-Week High

Ethereum (ETH) continues getting a keen eye as crowd awareness and interest rose substantially after the second-largest cryptocurrency crossed above $2,500, as acknowledged by crypto analytic firm Santiment.

JR Kyushu Railway Company Launches NFTs on Astar Network To Boost Customer Engagement

JR Kyushu Railway Company Launches NFTs on Astar Network To Boost Customer Engagement

The initiative will bring real-world utility to NFTs in Japan, enabling the railway operator to strengthen its customer relations

Elon Musk Responds to Dogecoin Founder's Drastic Income Reduction

Elon Musk Responds to Dogecoin Founder's Drastic Income Reduction

Elon Musk, CEO of Tesla and SpaceX, responds to Dogecoin founder Billy Markus's decrease in social media earnings, highlighting the complexities of monetization algorithms and the fairness of revenue-sharing models, amidst increasing competition in the market.

Russian law legalises crypto mining, sales under 'experimental legal system'

Russian law legalises crypto mining, sales under 'experimental legal system'

Cryptocurrency mining and sale of the cryptocurrency mined could be legal in Russia if a bill is passed by parliament. A Russian platform for cryptocurrency sales will be set up if the law is passed, and Russian miners will be able to use foreign platforms. Russian currency controls and regulations would not apply to the transactions, but they would have to be reported to the Russian tax service.

Asia's SoftBank and Temasek Join to Fund FTX US

Asia's SoftBank and Temasek Join to Fund FTX US

FTX US reached an $8 billion valuation after receiving $400 million from Asian investment giants SoftBank Group and Temasek Holdings in its first round of funding.

Circle Has Started Building New Reserve Funds With BlackRock

Circle Has Started Building New Reserve Funds With BlackRock

Circle is building a new reserve with BlackRock for USDC

Ghana Examining Offline Use of Its “E-Cedi” CBDC

Ghana Examining Offline Use of Its “E-Cedi” CBDC

Ghana is exploring the ability to carry out secure offline transactions for its Central Bank Digital Currency.

Circle's USDC Reserve Exposure and Potential Risks

Circle's USDC Reserve Exposure and Potential Risks

Circle's latest audit report reveals that the company's exposure to the US banking system stands at nearly $9 billion, with its reserves held by a number of regulated financial institutions, including SVB, BNY Mellon, and Silvergate. However, recent events such as the shutdown of SVB and Silvergate's decision to shut down its crypto bank arm have raised concerns about potential risks for Circle and its stablecoin USDC.

OpenAI Enables Web Browsing for ChatGPT

OpenAI Enables Web Browsing for ChatGPT

OpenAI has enabled web browsing for its ChatGPT model, initially available for Plus and Enterprise users. This feature aims to address the limitations of ChatGPT in providing up-to-date information. OpenAI has yet to clarify if this update will be extended to non-premium users or the GPT 3.5 model

LinksDAO and Spey Bay Golf Club

LinksDAO and Spey Bay Golf Club

"LinksDAO" may acquire a $900,000 Scottish golf course. Voting closes on Feb. 22 at 12pm ET, with 88% of voters supporting the acquisition.

Australian Scammers Prefer Crypto than Credit Cards: Report

Australian Scammers Prefer Crypto than Credit Cards: Report

Australia's local media outlet disclosed a total loss of $84 million was reported to the ScamWatch website in 2021, a figure that is reasonably higher than the $27 million reported in 2020 and $19 million in 2019.

CFTC Charges Fundsz and Individuals for Fraudulent Cryptocurrency and Precious Metals Solicitation

CFTC Charges Fundsz and Individuals for Fraudulent Cryptocurrency and Precious Metals Solicitation

CFTC files complaint against Fundsz and individuals for fraudulent crypto and precious metals trading. Assets frozen; hearing set for August 23.

Elon Musk To Deliver Starlink Within Weeks with Up to $30B Investment

Elon Musk To Deliver Starlink Within Weeks with Up to $30B Investment

Billionaire entrepreneur Elon Musk revealed the Starlink satellite internet network of SpaceX has been launched, expecting the internet broadband internet to go online globally (except poles regions) within weeks before August.

Australia Zoo Rolls Out NFT Project to Pay Tribute to Wildlife Warriors’ Conservation Efforts

Australia Zoo Rolls Out NFT Project to Pay Tribute to Wildlife Warriors’ Conservation Efforts

To celebrate the 20th anniversary of Wildlife Warriors’ role in protecting injured, threatened, or endangered wildlife, Australia Zoo has launched an NFT project to raise funds and awareness to protect Australia’s wild places and wildlife.

Bitfinex Integrates Tether Stablecoin into the OMG Network as Ethereum Network Faces Congestion Issues

Bitfinex Integrates Tether Stablecoin into the OMG Network as Ethereum Network Faces Congestion Issues

Bitfinex cryptocurrency exchange has announced that it has integrated Tether (USDT) into the OMG network. The integration is set to reduce transaction confirmation and fees. The crypto exchange will enable Tether withdrawals and deposits on the OMG network. OMG network, previously known as OmiseGo, is a scaling platform, which enables peer-to-transactions in real-time, a solution that enhances the scalability of the Ethereum network.

SEC Charges App Developer Abra for Unregistered Security-Based Swaps

SEC Charges App Developer Abra for Unregistered Security-Based Swaps

Abra and Plutus Tech have agreed to a cease-and-desist order and a combined penalty of $150,000 after being charged by the Securities and Exchange Commission for selling unregistered security-based swaps to investors in 2019.

Sui Donates $1M to London Business School for Web3 Research

Sui Donates $1M to London Business School for Web3 Research

Sui, a leading blockchain platform, has donated $1 million to London Business School for Web3 research and education, aiming to prepare future technology and business leaders.

FinCEN Warns Social Media Companies Involved in Crypto to be Vigilant Regarding Illicit Transactions

FinCEN Warns Social Media Companies Involved in Crypto to be Vigilant Regarding Illicit Transactions

The Financial Crimes Enforcement Network (FinCEN) has urged social media and messaging companies that are working with on cryptocurrencies to be vigilant about illegal transactions.

University of Sussex Researchers Say Blatant Market Manipulation is a Disaster to Traditional Safe Havens

University of Sussex Researchers Say Blatant Market Manipulation is a Disaster to Traditional Safe Havens

The University of Sussex Business School recently published an analysis indicating that widespread market manipulation is a serious problem that regulators should deal with so that to confront false prices and avoid distorting the minds of investors. According to the analysis report, the COVID-19 pandemic has created huge volatility in global financial markets. But as one might expect, prices of safe-haven assets like Bitcoin and gold are not surging, a problem that is caused by large-scale and intense manipulation.

Standard Custody and GSR Form Alliance for Secure Digital Asset Settlement

Standard Custody and GSR Form Alliance for Secure Digital Asset Settlement

Standard Custody & Trust Company and GSR Markets Limited have partnered to enhance digital asset transactions security and efficiency through an innovative escrow solution.

Cryptocurrencies to Become a Standard Payment Option, Paysafe Study Shows

Cryptocurrencies to Become a Standard Payment Option, Paysafe Study Shows

Multinational online payments company Paysafe has conducted a study, showing that 60% of the respondents believe that crypto purchases will become widespread in one year.

Power Ledger Partners with Power Club To Roll Out Blockchain Plants in South Australia

Power Ledger Partners with Power Club To Roll Out Blockchain Plants in South Australia

Powerledger enters into a partnership with Powerclub, an Australian electricity wholesaler for better energy usage, allowing the integration of power club's blockchain ledger application.

Reasons Why the Bitcoin Price will Plunge Soon

Reasons Why the Bitcoin Price will Plunge Soon

Why the Bitcoin price could plunge soon? Reasons include technical analysis, DeFi hype collapse, US Dollar index and gold price correlation, and economic conditions

Anthropic's Updated Terms of Service: Enhanced Copyright Protection for AI Outputs

Anthropic's Updated Terms of Service: Enhanced Copyright Protection for AI Outputs

Anthropic revises commercial terms of service to provide enhanced copyright protection for Claude API users, addressing ongoing legal challenges in the AI industry.

DJ David Guetta To Sell $14M Worth BTC or ETH for Luxury Apartment in Miami

DJ David Guetta To Sell $14M Worth BTC or ETH for Luxury Apartment in Miami

The famous French DJ David Guetta revealed that he would accept $14 million Bitcoin or Ethereumthe payment for selling his Miami beachfront apartment.

Secret Network Validator Smart Stake to Shut Down Nodes

Secret Network Validator Smart Stake to Shut Down Nodes

Smart Stake will no longer provide validator services to the Secret Network in light of an internal leadership conflict and transparency concerns.

Celsius Network to File Disclosure Statement for Restructuring Plan

Celsius Network to File Disclosure Statement for Restructuring Plan

Crypto lender Celsius Network will file a disclosure statement on April 12 regarding its Chapter 11 restructuring plan. The statement is aimed at providing adequate information for claim holders to vote on the proposed plan, which would create a public platform fully owned by Earn creditors called NewCo. The committee of unsecured creditors will appoint the majority of the firm’s board members, with no Celsius founder involvement or relationship.

Paxos—How the Global Financial Crisis Inspired the Creation of the NYDFS-Regulated Stablecoin

Paxos—How the Global Financial Crisis Inspired the Creation of the NYDFS-Regulated Stablecoin

Charles Cascarilla is the CEO and co-founder of Paxos, a financial technology company working to modernize the financial system by digitizing and mobilizing assets. A traditional hedge fund manager and equity investor, Cascarilla was able to recognize the power of blockchain and the function it could have in revolutionizing the way trade is conducted and settled.

Christie’s Auction House Goes On-Chain with a New NFT Marketplace

Christie’s Auction House Goes On-Chain with a New NFT Marketplace

The new platform is set to enable the legacy auction house to fully conduct on-chain NFT sales to ensure that all transactions — including post-sale processing — are automated and on-chain.

Celsius Files for Chapter 11 Bankruptcy Protection, Clears Debt with Compound

Celsius Files for Chapter 11 Bankruptcy Protection, Clears Debt with Compound

Celsius Networks has filed for Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court for the Southern District of New York. The crypto lender also repaid its remaining debt to the DeFi lending protocol Compound.

CFTC FinTech Research Wing Welcomes Innovators to Discuss with Regulators With its New Office Hours

CFTC FinTech Research Wing Welcomes Innovators to Discuss with Regulators With its New Office Hours

LabCFTC, the United States Commodity Futures Trading Commission’s FinTech research wing, is planning to host office hours during the New York FinTech Week.

Binance.US Refutes SEC's Attempted Asset Freeze, Vows to Defend Itself in Court

Binance.US Refutes SEC's Attempted Asset Freeze, Vows to Defend Itself in Court

In a recent update, Binance.US, the American affiliate of leading cryptocurrency exchange Binance, provided an encouraging development in its ongoing legal dispute with the U.S. Securities and Exchange Commission (SEC).

Bitcoin Group Rumoured to be Engaging in Mulitple Takeover Negotiations

Bitcoin Group Rumoured to be Engaging in Mulitple Takeover Negotiations

Bitcoin Group SE is rumoured to have been engaging in takeover negotiations with several potential companies that are involved in deposit-taking or credit institutions from Germany.

German Stock Exchange Subsidiary Blocknox Unveils Cryptocurrency Custody Services to Institutional Clients

German Stock Exchange Subsidiary Blocknox Unveils Cryptocurrency Custody Services to Institutional Clients

German Stock Exchange Boerse Stuttgart has made an announcement that its subsidiary Blocknox is expanding its crypto custody service to institutional players.

Prime Trust Hires Former Secret Service Veteran as VP of Regulatory Affairs

Prime Trust Hires Former Secret Service Veteran as VP of Regulatory Affairs

The two-decade government service veteran, Jeremy Sheridan will be responsible for overseeing Prime Trust's regulatory strategies.

Tesla's $140 Million Bitcoin Loss Shows the Risk of Crypto Holdings

Tesla's $140 Million Bitcoin Loss Shows the Risk of Crypto Holdings

Q1 2021 Tesla spent $1.5 billion on Bitcoin.

Binance Signs Memorandum of Understanding With Asian City Busan

Binance Signs Memorandum of Understanding With Asian City Busan

The South Korean metropolitan city of Busan has signed a Memorandum of Understanding (MoU) with Binance, the biggest crypto exchange by trading volume in the world

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.

Robinhood to Plan Testing Cryptocurrency Wallets, Speeding up Crypto Territory Escalation

Robinhood to Plan Testing Cryptocurrency Wallets, Speeding up Crypto Territory Escalation

Robinhood Markets is extending its reach in the growing cryptocurrency market and now plans to test its cryptocurrency wallets. The so-called crypto wallets will give customers more ability to own and spend crypto coins.

Revolut Introduces Crypto Staking to UK and EEA

Revolut Introduces Crypto Staking to UK and EEA

This week, Revolut's "soft testing" staking function will launch.

Tether Unveils Recovery Tool for Enhanced Blockchain Stability and User Asset Protection

Tether Unveils Recovery Tool for Enhanced Blockchain Stability and User Asset Protection

Tether introduces a robust blockchain recovery plan to secure USDT tokens and ensure uninterrupted access across multiple blockchains.

Frankfurt Main Finance: Establishing Trust Between Continental Networks

Frankfurt Main Finance: Establishing Trust Between Continental Networks

Frankfurt Main Finance is one of the founding members of the World Alliance of International Financial Centres (WAIFC). The mission of the Alliance is to establish transparent networks that facilitate cooperation and sharing of best practices for financial centres globally in the face of breakthrough technologies and rapid social change.

Circle Spokesperson Denies Blaming SEC for Failed $9 billion deal

Circle Spokesperson Denies Blaming SEC for Failed $9 billion deal

Circle denies blaming the SEC for its December $9 billion failed IPO. Circle's representative said any contradictory assertions are "inconsistent" with past declarations.

Exclusive: Blockchain at the Stage of Tech Convergence

Exclusive: Blockchain at the Stage of Tech Convergence

How does Deloitte Blockchain Lab envision the future of blockchain? Dr. Paul Sin believed that blockchain is at the stage of technology convergence with IoT, big data and artificial intelligence! He also explained the 3 challenges for enterprises to implement their own blockchain and various blockchain auditing services offered by Deloitte.

Theta EdgeCloud to Launch with Meta Llama 2, Google Gemma, Stable Diffusion, and Other Popular AI Models

Theta EdgeCloud to Launch with Meta Llama 2, Google Gemma, Stable Diffusion, and Other Popular AI Models

Theta Labs is launching EdgeCloud, a platform offering open-source AI models, aiming to revolutionize the AI industry by providing developers with access to cutting-edge technologies.

Binance.US to Remove Certain Trading Pairs and Pause OTC Trading

Binance.US to Remove Certain Trading Pairs and Pause OTC Trading

Binance.US announced today that it will be making significant changes to its trading structure. The changes, set to take place on June 8, 2023 at 9 a.m. PDT / 12 p.m. EDT, will involve the removal of select Advanced Trading pairs and a pause on their Over-The-Counter (OTC) Trading Portal.

Australia Opens Public Consultation on National Taxonomy of Crypto Assets

Australia Opens Public Consultation on National Taxonomy of Crypto Assets

A crypto licence and custody document will be released in mid-2023.

Crypto Mining May be Sacrificed as EU Continues to Battle Energy Crisis

Crypto Mining May be Sacrificed as EU Continues to Battle Energy Crisis

With the energy crisis in the EU, member countries may be mandated to halt crypto-mining activities

Curve Founder Proposes Venus Protocol Deployment on Ethereum Mainnet

Curve Founder Proposes Venus Protocol Deployment on Ethereum Mainnet

Michael Egorov of Curve Finance proposes launching Venus Protocol on Ethereum Mainnet, incorporating Curve's stablecoin crvUSD and CRV as collaterals, with community support for growth.

Affyn Reveals The Next 44 Cities Set To Join NEXUS World Metaverse

Affyn Reveals The Next 44 Cities Set To Join NEXUS World Metaverse

SINGAPORE - FEB. 2, 2023 - Fresh from the success of its “City Launch Wave 0,” Singapore-based blockchain startup, Affyn, is preparing to launch London (750 plots), Dublin (500 plots) and Glasgow (500 plots) as part of Wave 1, in conjunction with the 44-city reveal of their flagship metaverse, NEXUS World.

Sep 03 Trading Analysis: Miners still the biggest swinging d*cks around

Sep 03 Trading Analysis: Miners still the biggest swinging d*cks around

No real headlines except Korea regulators coming after Bithumb (which isn't a "new" news imo). Instead, I actually think was driven by miners selling.

Crypto Market's Biggest Price Moves Today: Status (SNT), Verge (XVG), and NANO

Crypto Market's Biggest Price Moves Today: Status (SNT), Verge (XVG), and NANO

As the crypto market crossed the $1 trillion market cap, Status, Verge, and Nano comes off as the coins with the biggest daily gains in the market

Dogecoin Surges by over 30% Thanks to Elon Musk's Price Pump

Dogecoin Surges by over 30% Thanks to Elon Musk's Price Pump

Yesterday Tesla CEO Elon Musk tweeted "The Dogefather SNL May 8" and announced that he will host the "Saturday Night Show" as "Dogefather".

US CFTC Charges Crypto Futures Exchange Digitex for Registration and Trading Violations

US CFTC Charges Crypto Futures Exchange Digitex for Registration and Trading Violations

The CFTC has filed civil charges against Digitex exchange and its CEO for running a fraudulent crypto futures platform and over other multiple violations.

Music streaming platform Spotify expands its Web3 efforts

Music streaming platform Spotify expands its Web3 efforts

Android users in the US, UK, Germany, Australia, and New Zealand may now access the playlists.

HSBC is looking for a top executive to work with asset tokenization

HSBC is looking for a top executive to work with asset tokenization

The Tokenisation Director would "create and execute" a worldwide tokenization proposal.

Bitcoin Gains Momentum as Biden Slaps Russia with Sanctions

Bitcoin Gains Momentum as Biden Slaps Russia with Sanctions

Bitcoin entered the green zone after U.S. President Joe Biden revealed new sanctions meant to cut off Russia from western finance.

DAG Global Seeks to Break New Ground as First UK Bank to Support Crypto Businesses

DAG Global Seeks to Break New Ground as First UK Bank to Support Crypto Businesses

DAG Global, a UK financial services company, aims to set a precedent by gaining a UK banking license to close the void between banks and crypto businesses. It intends to become the nation’s first bank to support cryptocurrency businesses.

Binance converts remaining $1 billion in Industry Recovery Initiative to native crypto amidst concerns around stablecoins

Binance converts remaining $1 billion in Industry Recovery Initiative to native crypto amidst concerns around stablecoins

Binance co-founder and CEO, Changpeng Zhao, announced on March 13 that the exchange will be converting the remaining $1 billion funds in its Industry Recovery Initiative to native crypto amid concerns surrounding stablecoins. This decision was made following the depegging of the USD Coin (USDC) stablecoin caused by the failure of three major crypto-friendly banks - Silicon Valley Bank (SVB), Silvergate Bank, and Signature Bank.

US Media Giants Block AI Crawlers to Protect Copyrights

US Media Giants Block AI Crawlers to Protect Copyrights

A Wired report reveals that 88% of top US news outlets are blocking AI crawlers like OpenAI's GPTBot, to protect against copyright infringement and uncompensated content use.

Rabbit Inc Introduces AI-Powered r1 Device for Mobile Interaction

Rabbit Inc Introduces AI-Powered r1 Device for Mobile Interaction

Rabbit Inc's r1, an AI-powered mobile device featuring the innovative Large Action Model OS, was showcased at CES 2024, offering a novel approach to mobile interaction and user convenience.

PayPal CEO Announces Plans for Cryptocurrency Business Expansion to Reach More Users

PayPal CEO Announces Plans for Cryptocurrency Business Expansion to Reach More Users

PayPal CEO discussed the integration of cryptocurrency into its business and potential business partnerships with central banks.

Exclusive: Blockchain Beats AI and Big Data for the Highest Average Annual Salary in the UK

Exclusive: Blockchain Beats AI and Big Data for the Highest Average Annual Salary in the UK

The report titled “The Disruption of Disruptive Tech” by Capital on Tap highlighted the state of disruptive tech adoption in early 2020. The U.S. had the most businesses in various disruptive technologies, with 71% dominance in cloud consulting and 53% in cybersecurity.

Justin Sun Receives 3.45 Million ETHFI, Top 20 TVL Contributors Awarded 9.96 Million Tokens

Justin Sun Receives 3.45 Million ETHFI, Top 20 TVL Contributors Awarded 9.96 Million Tokens

The anticipated ETHFI airdrop goes live, rewarding top liquidity providers with a significant token distribution, stirring the DeFi community's interest.

Glassnode’s On-Chain Metrics Reveal DeFi Tokens Are Being HODLed Amid Price Run

Glassnode’s On-Chain Metrics Reveal DeFi Tokens Are Being HODLed Amid Price Run

Glassnode's on-chain data reveals the percent supply of DeFi tokens (SUSHI, AAVE, and MKR) are getting lower, suggesting investors are HODLing the assets.

Brazil Highlights Blockchain Technology as a Digital Strategy Goal

Brazil Highlights Blockchain Technology as a Digital Strategy Goal

Last week, Brazil unveiled its Digital Government Strategy that highlighted the use of distributed ledger systems and blockchain technology to transform major parts of the economy, especially in a post-COVID-19 environment.

Crypto Industry Increases Lobbying Efforts During Crypto Winter

Crypto Industry Increases Lobbying Efforts During Crypto Winter

A new study by the Money Mongers reveals that the crypto industry spent $25.57 million on lobbying in the United States in 2022, a 922% increase from 2017. Coinbase, the U.S.-based crypto exchange, led the spending with $3.3 million, followed by the Blockchain Association with $1.9 million and Robinhood with $1.84 million. Despite the increase in lobbying efforts, the overall expenditure of crypto companies on lobbying in America is modest compared to other industries.

Former Fed Chair Janet Yellen Comments on AI and Technology Advancement at the AFF 2020

Former Fed Chair Janet Yellen Comments on AI and Technology Advancement at the AFF 2020

At this year’s Asian Financial Forum, held in Hong Kong, former Federal Reserve Chair Janet Yellen was invited to speak at a Luncheon with moderator Norman Chan, the Senior Advisor at the Hong Kong Academy of Finance.

Apple's App Store Policies Probed: U.S. Lawmakers Investigate Impact on Blockchain and NFTs

Apple's App Store Policies Probed: U.S. Lawmakers Investigate Impact on Blockchain and NFTs

U.S. Representatives probe Apple's App Store policies, raising concerns over potential impact on blockchain and NFTs, and questioning the balance between security and innovation.

VanEck Spearheads Entry into Stablecoin Market with Agora's AUSD Launch

VanEck Spearheads Entry into Stablecoin Market with Agora's AUSD Launch

Agora, backed by VanEck, announces the launch of AUSD, a USD-backed stablecoin, following a successful $12 million funding round led by Dragonfly.

Exclusive: Is the Hedera Hashgraph Powered Data Visualization Tool the Antidote to Censored Coronavirus Reporting?

Exclusive: Is the Hedera Hashgraph Powered Data Visualization Tool the Antidote to Censored Coronavirus Reporting?

Is the Hedera Hashgraph powered data visualization tool the antidote to censored coronavirus reporting? Mance Harmon, CEO, Hedera HashGraph tells Blockchain.News how the HashLog leveraging their decentralized tracker was able to be deployed so quickly to combat the overwhelming volume of misinformation surrounding the outbreak.

FTX Continues Global Expansion, Launches Subsidiary Division in Australia

FTX Continues Global Expansion, Launches Subsidiary Division in Australia

FTX has continued with its lines of expansion with the latest establishment of a new office in Australia.

Bitcoin SV Moons As Craig Wright Tells Court That he Has Access to Tulip Trust

Bitcoin SV Moons As Craig Wright Tells Court That he Has Access to Tulip Trust

Bitcoin Satoshi Version (BSV), a fork of the Bitcoin Cash, is surging in trades following Craig Wright’s compliance with a court order to open up the mysterious Tulip Trust for inspection.

6 Million Bitcoin Moved in the Last Six Months as 46 Million Americans Own BTC

6 Million Bitcoin Moved in the Last Six Months as 46 Million Americans Own BTC

Analyst discloses 6 million or 33% of Bitcoin supply have been moved in the last six months, whereas 12.5 million BTC were hodled during the same time frame.

Compass Mining CEO And CFO Abruptly Resign, Company Faces Business Struggles

Compass Mining CEO And CFO Abruptly Resign, Company Faces Business Struggles

The CEO and CFO of Compass Mining firm have left their job positions at a time when the firm is experiencing challenges to maintain its operations. The miner has appointed interim officials to take over.

Australian Online Broker SelfWealth Becomes the First Platform to Add Crypto for Trading

Australian Online Broker SelfWealth Becomes the First Platform to Add Crypto for Trading

Australian online broker SelfWealth plans to list 10 cryptocurrencies, including Bitcoin and Ethereum, on its trading platform for trading before the end of this year.

Linus Financial Settles SEC Charges Over Unregistered Crypto Lending Product

Linus Financial Settles SEC Charges Over Unregistered Crypto Lending Product

The SEC has settled charges against Linus Financial for failing to register its Linus Interest Accounts, a crypto lending product. The SEC deemed the accounts securities and made registration mandatory. Linus voluntarily stopped offering the accounts to new investors and requested fund retrieval.

Paxful Research Reveals How Nigerians Are Fighting Devaluation of Native Currency Naira with Bitcoin

Paxful Research Reveals How Nigerians Are Fighting Devaluation of Native Currency Naira with Bitcoin

The current pandemic has led to a devaluation of Nigeria’s native currency Naira and affected how cryptocurrency trades are conducted in the country.

Chainalysis Partners with US Regulators to Recover $30m from Ronin Loot

Chainalysis Partners with US Regulators to Recover $30m from Ronin Loot

Blockchain analytics and security service provider, Chainalysis has helped in the recovery of $30 million in funds stolen from the Ronin Bridge by the elite North Korean hacking outfit, Lazarus Group.

FTX seeks to recover political donations made by Sam Bankman-Fried

FTX seeks to recover political donations made by Sam Bankman-Fried

FTX's new management wants to reclaim Sam Bankman-Fried and other executives' political contributions from February 28.

Bittrex to Wind Down US Operations

Bittrex to Wind Down US Operations

Cryptocurrency exchange Bittrex will wind down its US operations due to regulatory and economic challenges. US customers are advised to withdraw their funds by April 30, 2023.

Ripple CTO: Why Ripple Ledger's Consensus Algorithm is More Reliable and Energy Efficient than PoW

Ripple CTO: Why Ripple Ledger's Consensus Algorithm is More Reliable and Energy Efficient than PoW

Ripple CTO David Schwartz talks about reasons why Ripple Ledger (XRPL)'s consensus is more reliable and energy-efficient than Proof of Work (PoW) Consensus.

Hawaii Pushes Out New Digital Currency Regulatory Sandbox to Boost Crypto Growth

Hawaii Pushes Out New Digital Currency Regulatory Sandbox to Boost Crypto Growth

The government of Hawaii has recently announced its establishment of a regulatory sandbox for digital currency companies. The partnership between the Department of Commerce and Consumer Affairs, Division of Financial Institutions (DFI) and Hawaii Technology Development Corporation (HTDC) will see the launch of Hawaii’s first pilot program aimed for digital currencies.

SEC Seeing 'Lots' of Crypto Firms are Non-Compliance: Gensler

SEC Seeing 'Lots' of Crypto Firms are Non-Compliance: Gensler

Gensler commented on the development of the crypto space, saying that there are a lot of noncompliance firms in the industry that might put investors in endanger.

Senator Lummis Advocates for Clear Crypto Regulations

Senator Lummis Advocates for Clear Crypto Regulations

US Senator Cynthia Lummis emphasizes the need for robust regulations in the crypto industry, targeting bad actors rather than the technology. She reintroduces the Lummis-Gillibrand bill to enhance oversight and protect against abuse, stressing the distinction between innovative crypto assets and illicit activities.

Tesla Earns $64m Profits from Selling 75% of BTC Holdings

Tesla Earns $64m Profits from Selling 75% of BTC Holdings

Electric car manufacturer Tesla (TSLA) announced it earned $64 million profit from the sale of 75% of its BTC holdings, despite a $170 million impairment loss in Q2 this year.

China’s Petrochemical Sector Conducts First Blockchain-Powered Warehouse Receipt Finance

China’s Petrochemical Sector Conducts First Blockchain-Powered Warehouse Receipt Finance

China’s petrochemical industry has accomplished the first-ever blockchain-enabled digital warehouse receipt pledge financing transaction to minimize costs.

Blockchain Allowed 17 Million People to Travel Between Macau and China During Coronavirus

Blockchain Allowed 17 Million People to Travel Between Macau and China During Coronavirus

A blockchain-powered QR health code system has been instrumental in enabling at least 17 million people to travel between the Chinese mainland and Macau since May.

Bankrupt crypto lender Celsius Network has chosen NovaWulf Digital Management as sponsor

Bankrupt crypto lender Celsius Network has chosen NovaWulf Digital Management as sponsor

Celsius Network submitted a restructuring plan to a U.S. Bankruptcy Court.

Standard Chartered raises $36m for crypto custody platform

Standard Chartered raises $36m for crypto custody platform

Standard Chartered's crypto custody subsidiary, Zodia Custody, has raised $36 million in a series A funding round led by SBI Holdings. Standard Chartered remains the majority shareholder in the firm.

4 Reasons Why Sushi Token Price Dropped Below $1

4 Reasons Why Sushi Token Price Dropped Below $1

SushiSwap token dropped below $1, here is why.

Uniswap Labs Announces Bug Bounty Program with Rewards Up to 2.25 Million USDC

Uniswap Labs Announces Bug Bounty Program with Rewards Up to 2.25 Million USDC

Uniswap Labs has launched a Bug Bounty Program to encourage ethical hackers and security researchers to report vulnerabilities in its contracts. Successful disclosures can earn rewards of up to 2,250,000 USDC, targeting Universal Router Contract Code, Permit2 Contract Code, V3 Contract Code, and UniswapX Contract Code.

Nobel Laureate Prof Banerjee - Applying RCT to Financial Inclusion

Nobel Laureate Prof Banerjee - Applying RCT to Financial Inclusion

Economists have long theorized on and sought to implement initiatives to increase financial inclusion. What are some of the policy initiatives developing countries should adopt to drive financial reform? What effect have initiatives had thus far in facilitating this financial transformation? Prof Banerjee will speak at the Asian Financial Forum on January 14th and explain his team's groundbreaking application of randomized control testing to inclusive finance.

Celsius Hires New Lawyers for Restructuring: WSJ

Celsius Hires New Lawyers for Restructuring: WSJ

Celsius Network LLC has hired new lawyers to advise the troubled cryptocurrency lender on restructuring, according to a report from the Wall Street Journal (WSJ).

Arthur Hayes Discusses Crypto Market Turbulence, US Tax Season, Federal Reserve uncertainty and Bitcoin halving

Arthur Hayes Discusses Crypto Market Turbulence, US Tax Season, Federal Reserve uncertainty and Bitcoin halving

Arthur Hayes, in the latest edition of Crypto Trader Digest, provides insights into the recent market volatility and its impact on the crypto industry. He discusses the factors contributing to the market fluctuations, including US tax season, the Bitcoin halving event, and the tapering of quantitative tightening by the Federal Reserve. Hayes also highlights the US Treasury's quarterly refunding announcement and the response of the monetary authorities to the failure of Republic First Bank.

DeFi Exchange Developer Uniswap Labs Under Investigations by The US SEC

DeFi Exchange Developer Uniswap Labs Under Investigations by The US SEC

The US SEC is investigating the world’s largest decentralized finance exchange, Uniswap. The move is part of the regulator’s wider efforts to monitor and regulate DeFi projects.

Checkout.Com Starts Accepting Stablecoins Payment, Providing 24/7 Settlement

Checkout.Com Starts Accepting Stablecoins Payment, Providing 24/7 Settlement

Checkout.com has launched offering stablecoins as a payment option for its merchants by using Fireblocks’ new crypto payment technology.

How Australia's National Blockchain Roadmap Will Change The Future

How Australia's National Blockchain Roadmap Will Change The Future

Australia was one of the first countries to recognize the immense potential of blockchain technology and to incorporate it into various sectors in the country.

Binance Hires Former DOJ Prosecutor M. Kendall Day as Legal Counsel in SEC Lawsuit

Binance Hires Former DOJ Prosecutor M. Kendall Day as Legal Counsel in SEC Lawsuit

Bloomberg reports that Binance Holdings Ltd. has recently hired M. Kendall Day, a former prosecutor from the US Department of Justice (DOJ), as their attorney to represent them in the ongoing lawsuit initiated by the Securities and Exchange Commission (SEC).

Tech Adoption Fueled by COVID-19, Will Global Blockchain Adoption Be Accelerated Too?

Tech Adoption Fueled by COVID-19, Will Global Blockchain Adoption Be Accelerated Too?

Coronavirus has driven global economies and businesses to the ground, but one industry that has benefitted from the pandemic appears to be the tech sector.

World Economic Forum Views Cryptocurrency as Pivotal Tool for Financial Inclusion

World Economic Forum Views Cryptocurrency as Pivotal Tool for Financial Inclusion

The WEF thinks cryptocurrencies can be pivotal in offering financial services to one-third of the world’s adults, approximately 2 billion people, who are unbanked.

Binance Launches New Update to Fan Token Platform

Binance Launches New Update to Fan Token Platform

Lisa Binance He believed the fan club concept might connect people to their teams.

US CFTC Reaches Clarity on Interpretive Guidance on the Physical Delivery of Traded Cryptocurrency

US CFTC Reaches Clarity on Interpretive Guidance on the Physical Delivery of Traded Cryptocurrency

The US Commodity Futures Trading Commission (CFTC) announced that the Commission has voted unanimously and has clarified the guidance on the question of the physical delivery of digital assets.

Legend of Wuhan Coronavirus Whistleblower Will Live Forever on Ethereum Blockchain

Legend of Wuhan Coronavirus Whistleblower Will Live Forever on Ethereum Blockchain

Li Wenliang was an ophthalmologist at Wuhan Central Hospital who became something of a national hero amidst the turmoil of the Coronavirus. Identifying the deadly virus early, he was silenced by his government for trying to warn the public. His legend has only been further galvanized on the Ethereum blockchain following his recent death where he succumbed to the dreaded illness

Binance expands with blockchain hub in Georgia

Binance expands with blockchain hub in Georgia

Cryptocurrency exchange Binance has opened a blockchain hub in Georgia to promote crypto adoption in the country, create more jobs and attract talent to the blockchain sector.

US SEC Rejects Bitwise Proposal to List Bitcoin ETF

US SEC Rejects Bitwise Proposal to List Bitcoin ETF

The United States Securities and Exchange Commission (SEC) has rejected a proposal filed by Bitwise Asset Management to list a Bitcoin (BTC) exchange-traded fund (ETF).

Binance Replaces BUSD with TUSD and USDT in SAFU Fund

Binance Replaces BUSD with TUSD and USDT in SAFU Fund

Cryptocurrency exchange Binance has replaced its Binance USD (BUSD) holdings in its Secure Asset Fund for Users (SAFU) with TrueUSD (TUSD) and Tether (USDT) in response to Paxos' move to stop minting new BUSD. SAFU is an emergency insurance fund established by Binance to protect users' funds in case of security breaches or other unforeseen events.

IRA Financial Trust Files Lawsuit against Gemini for $36m Crypto Hack

IRA Financial Trust Files Lawsuit against Gemini for $36m Crypto Hack

IRA Financial Trust said it has filed a lawsuit against Gemini crypto exchange for its alleged role in breaching customers’ retirement accounts.

Russia’s Central Bank Orders Local Stock Exchanges to Avoid Listing Crypto-Related Funds

Russia’s Central Bank Orders Local Stock Exchanges to Avoid Listing Crypto-Related Funds

The Bank of Russia has instructed local stock exchanges not to list any cryptocurrency services to firms.

ANZ Bank Pushes Customers Towards Digital, Faces Criticism

ANZ Bank Pushes Customers Towards Digital, Faces Criticism

ANZ Bank is facing criticism as it discontinues withdrawals and deposits from a number of Australian branches to encourage customers to use digital transactions. Critics suggest this could impact older customers and increase vulnerability to technical issues. This decision highlights the gradual shift towards a cashless society in Australia, with cash payments falling from 59% in 2007 to 27% in 2019.

Dogecoin Co-Founder Takes a Jab at Elon Musk, Calling Him a 'Grifter'

Dogecoin Co-Founder Takes a Jab at Elon Musk, Calling Him a 'Grifter'

Many people might be in favour of Elon Musk on Twitter, but Jackson Palmer, one of the co-founders of Dogecoin, is not in any way a fan of the billionaire Tesla and SpaceX CEO.

Huawei’s CEO Responds to Facebook: China Can Issue Its Own Libra

Huawei’s CEO Responds to Facebook: China Can Issue Its Own Libra

Ren Zhengfei, CEO of China’s Huawei believes that China can create their own digital currency in response to Facebook’s Libra.

Cerus Markets Launches its Mobile Trading App $10,000 Giveaway

Cerus Markets Launches its Mobile Trading App $10,000 Giveaway

Cerus Markets is excited to launch its Mobile Trading App Giveaway!

UN convenes AI High-level Advisory Body for Global Governance

UN convenes AI High-level Advisory Body for Global Governance

The UN Secretary-General is convening a High-level Advisory Body on AI to analyze and advance recommendations for global AI governance. Comprising up to 38 international experts from government, private sector, and civil society, the body aims to harness AI for humanity while addressing its risks. The initiative, which underscores the importance of a globally inclusive approach, seeks to align AI governance with human rights and Sustainable Development Goals.

Bitcoin Needs to Overcome One Key Factor Before Its Price Run to $20K

Bitcoin Needs to Overcome One Key Factor Before Its Price Run to $20K

Market experts are saying that if Bitcoin clears one key resistance level, it may reach $20K with less obstacles along the way.

BitMEX’s Bid Fails to Acquire 268-Year Old German Bank

BitMEX’s Bid Fails to Acquire 268-Year Old German Bank

BitMEX wanted to purchase Bankhaus von der Heydt to leverage its business in Europe. However, the plan didn’t work out. While the reason behind the fallout of the deal is not known, BaFin’s involvement is suspected.

Binance.US Sued for Selling Unregistered LUNA Securities

Binance.US Sued for Selling Unregistered LUNA Securities

Binance.US has been sued in a class-action lawsuit for the sale of unregistered security tokens from the Terra blockchain protocol.

Twitter Hack Goes Viral as Bill Gates, Elon Musk, and Biden Hit by Massive Bitcoin Scam

Twitter Hack Goes Viral as Bill Gates, Elon Musk, and Biden Hit by Massive Bitcoin Scam

Twitter has gone haywire as news of a Bitcoin scam hack targeting multiple high-profile figures such as Bill Gates, Elon Musk, Joe Biden, Jeff Bezos, and even multinational tech company Apple has broken out.

YouTube and Ripple Intertwined In Lawsuit Battle For XRP Scam Videos

YouTube and Ripple Intertwined In Lawsuit Battle For XRP Scam Videos

Blockchain company Ripple and CEO of the currency exchange network Brad Garlinghouse is suing YouTube for allegedly playing a part in the repeated Ripple (XRP) crypto giveaway scams that have been circulating on the video content platform.

Jerome Powell Renominated as the Next Federal Reserve Chairman

Jerome Powell Renominated as the Next Federal Reserve Chairman

President Joe Biden has renominated Jerome Powell for a second term as Federal Reserve chairman and also appointed Fed Governor Lael Brainard as vice-chairperson.

Bitclub Crypto Ponzi Scheme Suspects Petition Court For Release Citing Coronavirus Fears

Bitclub Crypto Ponzi Scheme Suspects Petition Court For Release Citing Coronavirus Fears

Two men accused of operating a crypto Ponzi scheme, the BitClub Network, which defrauded thousands of investors out of $722 million, have requested a New Jersey federal court to grant them a temporary release. The two prisoners have petitioned a New Jersey federal judge as they fear they could contract the coronavirus if they are not freed from the enclosed county jail environment.

Mastercard Enables USDC Spending in Asia

Mastercard Enables USDC Spending in Asia

Mastercard has partnered with Stables to allow retail customers in the Asia-Pacific region to spend and save USDC through its network. Meanwhile, worldwide banking turmoil has not slowed the blending of traditional and decentralized finance (DeFi). Global payment provider Mastercard has expanded its partnership with the Australian stablecoin platform, Stables, to enable retail customers in the Asia-Pacific region to spend and save USDC anywhere Mastercard is accepted. The wallet will accept deposits in several stablecoins, including Tether (USDT) and Binance USD (BUSD), with all deposits automatically converted into USDC. This move comes as worldwide banking turmoil and regulatory crackdowns continue to impact the crypto space.

DOGE Price Frenzy: Mike Novogratz and Peter McCormack Warn Dogecoin Bull Run Will End Poorly

DOGE Price Frenzy: Mike Novogratz and Peter McCormack Warn Dogecoin Bull Run Will End Poorly

Mike Novogratz and Peter McCormack have warned against the current Dogecoin bull run, as Elon Musk continues to fuel the bull run

Genesis creditor reveals new proposed restructuring plan that will see creditors getting back

Genesis creditor reveals new proposed restructuring plan that will see creditors getting back

DCG is giving its ownership investment in a Genesis trading firm to the insolvent crypto lender's worldwide parent company.

Bitcoin Price Could Continue on Bullish Momentum Towards $15,800 Amid Double-Dip Recession

Bitcoin Price Could Continue on Bullish Momentum Towards $15,800 Amid Double-Dip Recession

Bitcoin’s price is currently struggling to continue its push towards $12,000, however, a chance of a double-dip recession could take BTC higher.

Indodax Hacked: $22 Million Stolen in Major Security Breach

Indodax Hacked: $22 Million Stolen in Major Security Breach

Indodax, Indonesia's largest crypto exchange, was hacked for $22 million, leading to service shutdowns and raising concerns about security in the crypto industry.

US House Committees To Hold Joint Hearings On Digital Asset Regulations

US House Committees To Hold Joint Hearings On Digital Asset Regulations

The US House Financial Services and Agriculture Committees, along with the Digital Assets, Financial Technology and Inclusion Subcommittee, and the Commodity Markets, Digital Assets, and Rural Development Subcommittee will hold joint hearings in May to establish regulatory clarity for the digital asset ecosystem. Representative Patrick McHenry, the House Financial Services Committee chairman, has announced that the hearings aim to establish a bill providing regulatory clarity to the crypto sector, which adds to the work on a bipartisan bill led by crypto-friendly Senator Cynthia Lummis and Senator Kirsten Gillibrand.

Exclusive: How to Ensure Random Numbers in Public Blockchain?

Exclusive: How to Ensure Random Numbers in Public Blockchain?

Following Part 1 of our interview, Jing Chen of Algorand further teaches our readers on how to ensure the randomness of a number in public blockchain! She also evaluates the existing Proof-of-Stake (POS) protocols: Delegated VS Bonded VS Pure POS!

Binance.US Intends to Launch IPO in 2023

Binance.US Intends to Launch IPO in 2023

Binance CEO Changpeng Zhao accepted an interview recently, he said Binance.US may likely launch an IPO in 2023.

Crypto-Candidate Andrew Yang Officially Withdraws, Blockchain Loses Ally

Crypto-Candidate Andrew Yang Officially Withdraws, Blockchain Loses Ally

Crypto-Candidate Andrew Yang Officially Withdraws, Blockchain Loses Ally

TRON Founder Justin Sun Offers Bounty Reward for Twitter Bitcoin Scammers

TRON Founder Justin Sun Offers Bounty Reward for Twitter Bitcoin Scammers

As distressed Twitter users scrambled to get a sense of the recent Bitcoin attack that happened earlier this week, TRON founder Justin Sun spoke up and offered a $1 million bounty reward for whoever was able to uncover the identities of those behind the Twitter mass hack.

Did Coinbase CEO Steal a Blockchain Startup's Work? This Lawsuit Alleges so

Did Coinbase CEO Steal a Blockchain Startup's Work? This Lawsuit Alleges so

Brian Armstrong is currently being accused of stealing the works of blockchain startup MouseBelt Labs, both of whom invested in Knowledgr, an academic research platform designed to reward participants in cryptocurrencies.

Former US Currency Comptroller Brian Brooks Hired as Next CEO of Binance.US

Former US Currency Comptroller Brian Brooks Hired as Next CEO of Binance.US

Binance.US has announced that it has hired Brian Brooks – the former acting head of the Office of The Comptroller of The Currency – as its next CEO.

Celsius Co-Founder Daniel Leon Calls it Quits

Celsius Co-Founder Daniel Leon Calls it Quits

The embattled crypto lender Celsius Network Ltd. has lost another top member as co-founder Daniel Leon resigned this week.

Australia Evaluates Mandatory AI Rules in High-Risk Areas

Australia Evaluates Mandatory AI Rules in High-Risk Areas

Australia is considering mandatory regulations for AI development in high-risk areas, balancing innovation with public safety, ethical concerns, and global alignment in AI governance.

High Risk Crypto Activity on The Rise in Eastern Europe Amid Russia-Ukraine War - Chainalysis

High Risk Crypto Activity on The Rise in Eastern Europe Amid Russia-Ukraine War - Chainalysis

Illicit cryptocurrency activities have increased in the region driven by economic sanctions.

AI.com Now Redirects to Elon Musk's New AI Project X.ai

AI.com Now Redirects to Elon Musk's New AI Project X.ai

On August 2, the website X.ai, which is the official website of Elon Musk's new artificial intelligence project, started diverting traffic from the domain AI.com. Previously, traffic on this site was redirected to ChatGPT using the same URL.

Elon Musk Warns of AI’s Destructive Potential

Elon Musk Warns of AI’s Destructive Potential

Tesla and Twitter CEO Elon Musk has voiced his concerns over the potential for artificial intelligence to destroy civilization. Despite Musk’s plan to create a new AI startup, he acknowledges the dangers of the technology falling into the wrong hands or being developed with ill intentions.

Chinese President Xi Jinping: Participate in Making Digital Currency and Digital Tax's International Rule Actively

Chinese President Xi Jinping: Participate in Making Digital Currency and Digital Tax's International Rule Actively

Xi Jinping will publish an article entitled "Several Major Issues in the National Medium and Long-term Economic and Social Development Strategy“ on November 1 on Qiushi Journal. In the article, he mentions the digital economy and digital currency

Solidus Labs Reports $2 Billion in Wash Trades on Decentralized Exchanges

Solidus Labs Reports $2 Billion in Wash Trades on Decentralized Exchanges

Solidus Labs has revealed that at least $2 billion worth of cryptocurrency has been wash-traded on Ethereum-based decentralized exchanges (DEXs) since 2020. The study analyzed 30,000 DEX liquidity pools, finding 67% were tainted by wash traders. Solidus Labs has developed tools to identify and counteract market manipulation, including Token Sniffer and DEX-based A-A Wash Trading Detection. The partnership aims to ensure safe crypto trading across both centralized and DeFi markets.

Celsius Case Experts Yet to Understand Cryptos Ruling Under US Bankruptcy Code

Celsius Case Experts Yet to Understand Cryptos Ruling Under US Bankruptcy Code

Celsius Network's repayment options to creditors suggest either accepting "cash at a discount" or remaining long-term crypto holders, but this is yet to be decided as the crypto lender's bankruptcy case carries on.

UK Supreme Court Denies AI's Claim to Inventorship in Landmark Case

UK Supreme Court Denies AI's Claim to Inventorship in Landmark Case

The UK Supreme Court's decision not to acknowledge AI as an inventor highlights the importance of human involvement in patent applications, setting a precedent for future AI-related patent disputes.

US IRS May Seize Cryptocurrency Worth Billions of Dollars In 2022, Top Agency Official Says

US IRS May Seize Cryptocurrency Worth Billions of Dollars In 2022, Top Agency Official Says

The Internal Revenue Service (IRS) predicts that it would seize more billions of dollars worth of cryptocurrency next year, given the agency is set to get more funding for the government.

Trump Pushes Federal Reserve For Negative Interest Rates, Bitcoin's Anti-Inflation Mechanism Shines

Trump Pushes Federal Reserve For Negative Interest Rates, Bitcoin's Anti-Inflation Mechanism Shines

The potential for negative interest rates on the US dollar highlights the strength of cryptocurrencies like Bitcoin, which have anti-inflationary mechanisms built-in.

OKX Website Blocked in Russia with Unknown Reason

OKX Website Blocked in Russia with Unknown Reason

The trading website of the OKX exchange has been blocked in Russia according to Roskomsvoboda, a platform that keeps track of censored platforms.

Feds Suspect US Unemployment Systems Attacked by Fraudsters, Leading to Losses in the Hundreds of Millions of Dollars

Feds Suspect US Unemployment Systems Attacked by Fraudsters, Leading to Losses in the Hundreds of Millions of Dollars

According to federal authorities in the US, a group of international cybercriminals has been reportedly attacking the US unemployment systems, funneling millions of dollars in payments that were intended to support the detrimental effects the coronavirus pandemic had on the economy. With the number of infections in the US growing at an appalling rate, so far 1.5 million American citizens have been infected, with over 90,000 related deaths. The unemployment crisis in the country has surpassed the rate since the Great Depression, as the official US unemployment rate is at its highest in recorded history, at an alarming 14.7 percent. The New York Times obtained a memo from the US Secret Service, indicating that the fraud scheme was coming from a “well-organized Nigerian fraud ring,” and could result in the loss of hundreds of millions of dollars in the American financial system.

Australia's Federal Police Force Floats Crypto Unit: Report

Australia's Federal Police Force Floats Crypto Unit: Report

The Australian Federal Police (AFP) has launched a new unit to help focus its fight against crimes that are perpetrated in the digital currency ecosystem.

World Economic Forum Wants to Eradicate Abusive Sexually Violent Internet Content with Blockchain

World Economic Forum Wants to Eradicate Abusive Sexually Violent Internet Content with Blockchain

The World Economic Forum (WEF) views blockchain technology as a turning point in addressing the internet of abusive imagery associated with social ills like sexual violence.

Tether Regains $1 Peg

Tether Regains $1 Peg

Tether (USDT) has regained its 1-to-1 peg with the dollar after briefly dropping to 94.55 cents, its lowest since December 2020.

OKX Announces Largest-Ever Trading Competition with 2M USDT and Tesla Model 3 as Prizes

OKX Announces Largest-Ever Trading Competition with 2M USDT and Tesla Model 3 as Prizes

OKX has launched its most ambitious trading competition yet, with a prize pool exceeding 2 million USDT and a Tesla Model 3. The team-based competition focuses on USDT perpetual contracts and requires holding at least 100 USDT in assets.

Banking Giant Morgan Stanley Purchases 28,289 Shares of Grayscale Bitcoin Trust

Banking Giant Morgan Stanley Purchases 28,289 Shares of Grayscale Bitcoin Trust

According to the U.S. Securities and Exchange Commission's document, the US leading investment bank Morgan Stanley is buying 28,289 shares of Grayscale Bitcoin Trust through its European Opportunity Fund.

Jerry Yu's Legal Struggles with Texas-Based BitRush Bitcoin Mining Operation

Jerry Yu's Legal Struggles with Texas-Based BitRush Bitcoin Mining Operation

Jerry Yu, a NYU student, is embroiled in legal battles over his $6M Texas Bitcoin mine, BitRush, amid allegations of unpaid work and opaque financial dealings.

How Small Businesses can use Blockchain?

How Small Businesses can use Blockchain?

Here are some of the best ways small businesses can use blockchain without burning a hole in their pocket.

Tether becomes First Stablecoin to be Integrated into Algorand 2.0 Blockchain

Tether becomes First Stablecoin to be Integrated into Algorand 2.0 Blockchain

Tether, a reputable stablecoin provider, has incorporated its U.S. dollar-backed stablecoin USDT into Algorand’s blockchain ecosystem. Tether’s presence on Algorand will facilitate block confirmation in less than four seconds and transaction fees will be a fraction of a cent.

3 Reasons Bitcoin, Ethereum, and Ripple’s XRP Price Will Surge Higher This Week

3 Reasons Bitcoin, Ethereum, and Ripple’s XRP Price Will Surge Higher This Week

With Thanksgiving on its way and major central bank announcements incoming, there are three major reasons we expect the BTC, ETH, and XRP price to continue to rally higher.

Prime Trust Pulls $100m in Series B to Float New Products

Prime Trust Pulls $100m in Series B to Float New Products

Cryptocurrency infrastructure service provider, Prime Trust LLC, has raised $107 million in Series B funding as it seeks to deepen ties with its clients with its proposed new products.

Bitcoin Mining Giant Hut 8 Set to Merge with USBTC

Bitcoin Mining Giant Hut 8 Set to Merge with USBTC

Hut 8 Mining Corp. is set to merge with US Bitcoin Corp. to form a major publicly traded Bitcoin miner, focusing on economical mining, diversified revenue, and environmental, social, and governance practices.

Webaverse Co-Founder Reveals $4 Million Crypto Hack

Webaverse Co-Founder Reveals $4 Million Crypto Hack

Webaverse co-founder Ahad Shams sent a public statement about being hacked for $4 million in a hotel lobby.

Offchain Labs's Arbitrum Stylus Goes Live

Offchain Labs's Arbitrum Stylus Goes Live

Offchain Labs has released the public testnet and code for Arbitrum Stylus, an open-source framework for smart contracts on Arbitrum Nitro chains. The SDK offers 10x improvement in computational speed and 100x improvement in memory efficiency, reducing gas costs and improving smart contract security.

Trump Administration Agrees to $1.8T Stimulus

Trump Administration Agrees to $1.8T Stimulus

Treasury Secretary Steven Mnuchin proposed more than $1.8 trillion on Friday after nearly four months of talks between parties.

Telegram Agrees to Turn Over ICO Documents To SEC

Telegram Agrees to Turn Over ICO Documents To SEC

Telegram has agreed to provide the SEC with ICO Documents.

Winklevoss Twins Brief David Portnoy on Bitcoin, BTC Talks Continue

Winklevoss Twins Brief David Portnoy on Bitcoin, BTC Talks Continue

American internet celebrity David Portnoy officially hosted the Winklevoss Twins at his house for a long-due conversation regarding Bitcoin (BTC) and cryptocurrencies.

Japan's FSA Unveils Financial Policy Focus for 2023:

Japan's FSA Unveils Financial Policy Focus for 2023:

Japan's Financial Services Agency (FSA) has announced its fiscal 2023 financial administrative policy, aiming to maintain economic stability and tackle social issues like climate change and digital transformation.

Binance Launches VIP Margin Trading Promo with USDT and Apple Vision Pro Rewards

Binance Launches VIP Margin Trading Promo with USDT and Apple Vision Pro Rewards

Binance introduces a VIP Margin Trading Promotion offering up to 5,000 USDT, an Apple Vision Pro, and exclusive event invites for increasing trade volume.

US and UK Clamp Down on Trickbot Ransomware Group Behind $833M in Extortions

US and UK Clamp Down on Trickbot Ransomware Group Behind $833M in Extortions

The US and UK have sanctioned eleven members of Russia-based ransomware group Trickbot, following a previous sanction of seven. The sanctions are part of a global effort to combat cybercrime in the blockchain-dominated era.

Reserve Bank of Australia Meeting Finds No Strong Case for CBDC or e-AUD

Reserve Bank of Australia Meeting Finds No Strong Case for CBDC or e-AUD

The Reserve Bank of Australia has found no strong public policy-case to issue a retail central bank digital currency (CBDC).

Tron Founder Justin Sun Wants to Spend $5B to Save Distressed Crypto Firms

Tron Founder Justin Sun Wants to Spend $5B to Save Distressed Crypto Firms

While there has been no news of Tron bailing out any crypto firm thus far, Sun said he is willing to commit as much as $5 billion to save distressed crypto outfits

Breaking: Bitcoin Enters Banking System, El Salvador's Cuscatlan and Agricola Accept it for Loans

Breaking: Bitcoin Enters Banking System, El Salvador's Cuscatlan and Agricola Accept it for Loans

El Salvador's Cuscatlan and Agricola banks have announced they will now accept Bitcoin for loan payments, paving the way for Bitcoin to be used directly for credit card debt settlements and loans, potentially setting global banking industry precedents.

Houston Texans Partnered with BitWallet, Becoming First NFL Team to Sell Game Suite with Crypto

Houston Texans Partnered with BitWallet, Becoming First NFL Team to Sell Game Suite with Crypto

Houston Texans of the National Football League (NFL) have selected cryptocurrency platform bitWallet as their exclusive official crypto wallet provider and said the partnership will go into effect.

CoinLoan Announces Temporary Reduction of Withdrawal Limit

CoinLoan Announces Temporary Reduction of Withdrawal Limit

Crypto-backed loans provider CoinLoan has temporarily reduced the withdrawal limit for traders. The company said that the move was made due to the current market turmoil.

UK Cryptocurrency Exchanges Adapt to Enhanced Regulatory Standards

UK Cryptocurrency Exchanges Adapt to Enhanced Regulatory Standards

The UK is intensifying regulatory standards for crypto exchanges under the Financial Services and Markets Act, aiming for parity with traditional financial services. Exchanges must comply with stringent risk assessments and finance tests, impacting both domestic and offshore entities.

South Korea Launches “Emergency” Inspection of Crypto Exchanges Following Terra Crash

South Korea Launches “Emergency” Inspection of Crypto Exchanges Following Terra Crash

To boost investor protection following the recent collapse of LUNA and TerraUSD (UST) tokens, financial authorities in South Korea have beefed up crypto exchange inspections.

1inch Network Launches Hardware Wallet Amid Rise of Self-Cust

1inch Network Launches Hardware Wallet Amid Rise of Self-Cust

1inch is the newest hardware wallet supplier for cryptocurrency. The 1inch Hardware Wallet's 2.7-inch E-Ink grayscale touch panel and stainless-steel frame mimic the iPhone 13.

Allegations of fraud against Compass Mining after company cuts ties with Russian

Allegations of fraud against Compass Mining after company cuts ties with Russian

Compass Mining customers are suing for $2 million for fraud. The firm terminated connections with Russian hosting provider Bit River and didn't restore clients' Bitcoin machines. It cut connections with Bit River over non-applicable US sanctions.

Girl Group tripleS Makes a K-Pop Splash With Fan-Curated Album

Girl Group tripleS Makes a K-Pop Splash With Fan-Curated Album

TripleS, a K-pop girl group with 24 members, has caught attention with its new album “ASSEMBLE”. The eight-track album features the track “Rising”, which was released on February 13th as an EP album.

Blockchain and Human Consciousness

Blockchain and Human Consciousness

The reState Foundation held a virtual talk between Vitalik Buterin, co-founder of Ethereum, and Sadhguru, founder of the Isha Foundation, discussing how emerging technologies like blockchain will impact human consciousness.

Bitcoin Billionaire Tyler Winklevoss Pushes BTC Scarcity as 26% of US Dollars Were Printed in 2020

Bitcoin Billionaire Tyler Winklevoss Pushes BTC Scarcity as 26% of US Dollars Were Printed in 2020

Bitcoin billionaire Tyler Winklevoss again made the case for Bitcoin over the US dollar, alluding to the crypto’s scarcity and limitless federal money printing.

TrueUSD's TUSD Circulating Supply Surpasses $3 Billion Despite Prime Trust's Challenges

TrueUSD's TUSD Circulating Supply Surpasses $3 Billion Despite Prime Trust's Challenges

In June 2023, TrueUSD (TUSD) experienced significant growth and adoption across multiple blockchain ecosystems. With the circulating supply reaching 3,059,838,623 TUSD, backed by dollar reserves of over $3 billion, the stablecoin is gaining more recognition in the crypto markets.

Elon Musk Backs Bitcoin as His “Favourite” Crypto, Dogecoin Becomes First Altcoin to Outrank BTC in Tweet Volume

Elon Musk Backs Bitcoin as His “Favourite” Crypto, Dogecoin Becomes First Altcoin to Outrank BTC in Tweet Volume

In the past 24 hours, Dogecoin has exponentially grown on the back of GameStop (GME)’s success, much to the delight of the cryptocurrency community.

Coinbase Calls for Judicial Intervention on SEC's Inaction

Coinbase Calls for Judicial Intervention on SEC's Inaction

Coinbase's Chief Legal Officer, Paul Grewal, has filed a formal response with the U.S. Court of Appeals for the Third Circuit, urging a mandamus order to compel the SEC to act on Coinbase’s rulemaking petition within 30 days, highlighting the SEC's prolonged inaction and the pressing need for regulatory clarity surrounding digital assets.

Binance CEO Clarifies Details on CommEx Integration

Binance CEO Clarifies Details on CommEx Integration

Binance CEO, CZ, sheds light on Binance's association with CommEX through a tweet. Cryptocurrency transfers are ongoing, with potential ex-Binance team members joining CommEX. Amid regulatory challenges, Binance sells its Russian operations to CommEX but remains optimistic about global prospects.

Top UFC Fighters to Receive Bonuses in Bitcoin During PPV Events

Top UFC Fighters to Receive Bonuses in Bitcoin During PPV Events

The Ultimate Fighting Championship (UFC), the world’s leading mixed martial arts competition, has teamed up with crypto exchange Crypto.com to offer best-performing fighters bonuses in Bitcoin (BTC).

Circle Formally Refutes Allegations of Illicit Financing and Connections to Justin Sun

Circle Formally Refutes Allegations of Illicit Financing and Connections to Justin Sun

Circle denies CfA's allegations of illicit financing and Justin Sun ties, emphasizing regulatory compliance and advocating for stronger stablecoin laws, as clarified by Dante Disparte.

Coinbase Legal Chief Requests Revisions to SEC Rulemaking

Coinbase Legal Chief Requests Revisions to SEC Rulemaking

Coinbase's legal chief has urged the U.S. Securities and Exchange Commission (SEC) to revise its proposed rulemaking on registered investment advisers' responsibilities to store client assets with qualified custodians. Coinbase has criticized the SEC's proposed custody rule, claiming that it unfairly targets crypto assets and fails to safeguard them properly.

Elon Musk Reduced Dogecoin Carbon Emissions By 25%

Elon Musk Reduced Dogecoin Carbon Emissions By 25%

Dogecoin was the only memecoin to lower its carbon footprint by 25% in 2022, from 1,423 tons to 1,063. DOGE outperformed most crypto assets in the 2022 bear market. It placed third in the top 10 behind XRP and Binance currency. Shiba Inu community builds layer-2 networks, metaverses, and blockchain games.

Fidelity Launches Cryptocurrency Custody Business

Fidelity Launches Cryptocurrency Custody Business

In a rare interview with Fidelity Investments CEO Abigaile Johnson, the Financial Times revealed that the Boston-based asset management giant is “now engaged in a full rollout” of its cryptocurrency custody and trading service.

WeChat Pay and Alipay May Have Helped China to Track Coronavirus Victims Through Digital Payments

WeChat Pay and Alipay May Have Helped China to Track Coronavirus Victims Through Digital Payments

With the novel coronavirus infecting more than 75,000 people around the world, and with the majority of the Chinese population in the Hubei province infected, authorities in the nation decided to track everyone who bought fever medicine in the province.

Satoshi Nakamoto's Quotes on Trust: A Complete List

Satoshi Nakamoto's Quotes on Trust: A Complete List

Satoshi nakamoto’ s quotes on Trust

Non-US FTX Customers Want Bankruptcy Files Suppressed

Non-US FTX Customers Want Bankruptcy Files Suppressed

A group of non-U.S. FTX customers wants court records to redact their identities and sensitive information. FTX.com's $1.9 billion frozen assets are represented by the Ad Hoc Committee. On December 12, the U.S. Trustee objected to the initial motion.

Bitcoin Price Set to Surge in 2021 as US Dollar Expected to Fall 20% Even with Vaccine Rollout

Bitcoin Price Set to Surge in 2021 as US Dollar Expected to Fall 20% Even with Vaccine Rollout

The US dollar acted as a safe haven for investors, during the coronavirus pandemic; analysts believe that the rollout of a vaccine could change the market.

Tether Launches USDT on Kava Blockchain

Tether Launches USDT on Kava Blockchain

Tether Operations Limited (Tether), the company behind the renowned blockchain-powered platform tether.to and the world's leading stablecoin, has revealed its plans to introduce U.S. dollar-pegged Tether tokens ("USDT") on Kava. Kava is a layer-1 blockchain specifically designed to offer scalability and high speed.

Crypto Remain the Most Popular Investment Assets Compared to Gold in Australia: Survey

Crypto Remain the Most Popular Investment Assets Compared to Gold in Australia: Survey

A recent survey from BTC Markets exchange has revealed that the embrace of crypto like Bitcoin is largely more popular than precious metals such as Gold.

Belarus President Alexandra Lukashenko Urges His Citizens to Embrace Bitcoin Mining

Belarus President Alexandra Lukashenko Urges His Citizens to Embrace Bitcoin Mining

The president of Belarus, Alexandra Lukashenko, is urging his citizens to take advantage of cheap electricity in the country to do crypto mining instead of seeking jobs abroad.

Department of Homeland Security (DHS) Trials Blockchain Solution for Canadian Borders

Department of Homeland Security (DHS) Trials Blockchain Solution for Canadian Borders

Department of Homeland Security (DHS) trials Blockchain solution for Canadian borders - Works with Customs Direct, a partner with blockchain expert Morpheus.Network, to fast track multiple Proof of Concepts (POCs).

Fantom (FTM) Andre Cronje Raises Alarm Over Ethena's USDe Stablecoin Risks

Fantom (FTM) Andre Cronje Raises Alarm Over Ethena's USDe Stablecoin Risks

Fantom founder Andre Cronje voices apprehension about USDe stablecoin's sustainability, invoking fears of a Terra-like collapse.

US Banking System Faces Crypto-Asset Risks, FDIC Warns in 2023 Review

US Banking System Faces Crypto-Asset Risks, FDIC Warns in 2023 Review

Following a March crisis, major banks serving the US crypto sector faced hurdles. The FDIC intervened, highlighting the growing challenges in the evolving crypto landscape.

As Criticism Of Binance grows, It Joins Lobbying Organization

As Criticism Of Binance grows, It Joins Lobbying Organization

Binance joined the Chamber of Digital Commerce, a U.S. crypto sector lobbying organization. The worldwide trading platform is accused of being uncontrolled. Critics say Binance brought down FTX. Binance's VP of public relations expects the agreement would result in clear US crypto legislation.

Telegram Employs Blockchain-Based Mechanism to Auction Usernames

Telegram Employs Blockchain-Based Mechanism to Auction Usernames

Telegram is set to use the Telegram Open Network protocol to auction inactive usernames

BlackRock CEO Highlights Digital Assets and Tokenization

BlackRock CEO Highlights Digital Assets and Tokenization

Larry Fink's annual letter to BlackRock highlights the potential of digital assets and tokenization, citing advancements in digital payment solutions for financial inclusion in emerging markets.

UAE Leverages Blockchain, Robotics and 3D Printing to Flatten Coronavirus Curve

UAE Leverages Blockchain, Robotics and 3D Printing to Flatten Coronavirus Curve

The United Arab Emirates (UAE), through in5, a startup incubator for nurturing businesses and ideas, is deploying blockchain, robotics, and 3D printing technologies to instigate the wellbeing and safety of its citizens amid the coronavirus (COVID-19) pandemic.

Russia’s Central Bank Will Ban Crypto Issuance and Trading in Upcoming “Digital Financial Assets” Bill

Russia’s Central Bank Will Ban Crypto Issuance and Trading in Upcoming “Digital Financial Assets” Bill

Alexey Guznov, head of the legal department at Bank of Russia, says that the new version of the delayed bill on “Digital Financial Assets” will include a ban on issuance and selling of cryptos in the country.

BNPL Payment Firm Afterpay Urges Senate to Support AUD-backed Stablecoins for Cutting Merchant Cost

BNPL Payment Firm Afterpay Urges Senate to Support AUD-backed Stablecoins for Cutting Merchant Cost

The BNPL payment company Afterpay expressed their intention to the Australian Senate to launch the Australian dollar stablecoin soon, saying that crypto will help merchants reduce related payments.

Polkadot Announces The Launch of Phase Five with Parachain Functionality

Polkadot Announces The Launch of Phase Five with Parachain Functionality

Gavin Wood, the creator of Polkadot and Kusama, announced that the Polkadot mainnet will begin developing phase five-the final phase of Polkadot.

Ethereum Adoption Continues to Scale Heights

Ethereum Adoption Continues to Scale Heights

More participants continue joining the Ethereum bandwagon, given that addresses holding 0.1 to 1 ETH hit record highs.

Crypto.com Gets the Greenlight to Operate in Cyprus Through CySEC

Crypto.com Gets the Greenlight to Operate in Cyprus Through CySEC

Crypto.com, a fast-rising exchange platform has secured regulatory approval to operate in the Cyprus crypto market, thereby expanding its European presence

Scammers Target Australians in Cryptocurrency Call Center Scheme

Scammers Target Australians in Cryptocurrency Call Center Scheme

An Israeli-run cryptocurrency fraud targets Australians, according to a raid on Eastern European scam call centers.

OpenAI in Advanced Funding Discussions Targeting Over $100 Billion Valuation

OpenAI in Advanced Funding Discussions Targeting Over $100 Billion Valuation

OpenAI is in talks to raise over $100 billion in funding, potentially making it the second most valuable U.S. startup, with discussions also involving a chip venture with G42.

Gaming Platform Azarus to list on Uniswap - onramps multi-million streaming audience to blockchain

Gaming Platform Azarus to list on Uniswap - onramps multi-million streaming audience to blockchain

Azarus will be hosting a keynote stream in partnership with Animoca Brands at 7am UTC on Wednesday, December 14th (11pm PST on Tuesday, December 13th) to reveal the imminent listing on Uniswap of the AzaCoin, an ERC-20 Token on Ethereum Mainnet, which will list on Uniswap on January 11, 2023.

FUSANG Exchange Lists First Publicly Available Blockchain-Based Digital Bond Backed by CCB

FUSANG Exchange Lists First Publicly Available Blockchain-Based Digital Bond Backed by CCB

Asia’s first digital security exchange FUSANG is partnering with heavy weight China Construction Bank (CCB) to offer the first ever digital, tokenized, blockchain-based bond.

Largest Weekly Inflows in Digital Assets in Over a Year, Led by Bitcoin

Largest Weekly Inflows in Digital Assets in Over a Year, Led by Bitcoin

In a significant shift of sentiment, digital asset investment products experienced their largest single weekly inflows since July 2022, totaling a substantial $199 million, according to CoinShares report. This surge effectively corrected almost half of the prior nine consecutive weeks of outflows, signaling renewed investor confidence in the market.

Top Four South Korean Banks Announce Plans to Provide Cryptocurrency Custodial Services

Top Four South Korean Banks Announce Plans to Provide Cryptocurrency Custodial Services

Two of South Korea’s top banks have recently announced that they were looking into providing cryptocurrency custodial services to their clients.

US SEC Approves Volt Equity’s ETF, Allowing Investors to Gain Exposure to Bitcoin

US SEC Approves Volt Equity’s ETF, Allowing Investors to Gain Exposure to Bitcoin

US investors seeking diversification to the cryptocurrency market will be able to buy the Volt Equity’s ETF that offers exposures to public companies holding Bitcoin.

FTX’s CEO to Reduce Sushiswap Supply, Analytics Firm Suggests SUSHI’s Price is Overvalued

FTX’s CEO to Reduce Sushiswap Supply, Analytics Firm Suggests SUSHI’s Price is Overvalued

A few days after receiving control over the Sushiswap protocol, FTX’s CEO Sam Bankman-Fried recently announced his ideas regarding the future of the protocol.

US Federal Court Defines Bitcoin As Money

US Federal Court Defines Bitcoin As Money

A US Federal court has classified Bitcoin as a “money” under the Washington, D.C, Money Transmitters Act (MTA).

US Judge Blocks Trump Administration’s Ban on TikTok Downloads

US Judge Blocks Trump Administration’s Ban on TikTok Downloads

A federal US judge granted an injunction request against the Trump Administration’s order to ban TikTok downloads across all US app stores.

US Regulators Overreach to Protect US Dollar Supremacy with TON Decision, Will Bitcoin be next?

US Regulators Overreach to Protect US Dollar Supremacy with TON Decision, Will Bitcoin be next?

If the last two years have revealed anything about our global monetary system, it is that the US Federal Reserve and President Donald Trump really do not want a competitor to the US Dollar.

Warren Buffett Ditches US Dollar, Bitcoin Price Set to Soar

Warren Buffett Ditches US Dollar, Bitcoin Price Set to Soar

As the US dollar keeps plummeting, Max Keiser revealed that Warren Buffett has moved his assets out of the US market, setting Bitcoin for its next surge.

US Congress Plans New Provisions for Cryptocurrency Derivatives Markets

US Congress Plans New Provisions for Cryptocurrency Derivatives Markets

The US Congress aims to pass a new bill deciding on data collection for digital commodities contracts and swaps.

Fidelity Investments Seeks Approval for a US Bitcoin ETF

Fidelity Investments Seeks Approval for a US Bitcoin ETF

The US asset management giant, Fidelity Investments, applies for a Bitcoin ETF in the U.S.

US Senator Sherrod Brown: Facebook is delusional

US Senator Sherrod Brown: Facebook is delusional

“Mark Zuckerberg has said that Facebook is more like a government than a company. That’s delusional.” US Senator Sherrod Brown said in a video tweet.

Director of National Intelligence Warns US SEC of China’s Cryptocurrency Dominance

Director of National Intelligence Warns US SEC of China’s Cryptocurrency Dominance

National Intelligence Director John Ratcliffe has warned the US Securities and Exchange Commission that China’s cryptocurrency dominance could put the US at a disadvantage.

Enigma Settles With US SEC Over Unregistered 2017 ICO

Enigma Settles With US SEC Over Unregistered 2017 ICO

The US Securities and Exchange Commission (SEC) recently announced it has settled charges against blockchain startup Enigma MPC.

Two Canadian Nationals Face Two Years in US Prison for Alleged Bitcoin Fraud

Two Canadian Nationals Face Two Years in US Prison for Alleged Bitcoin Fraud

The US Department of Justice has sentenced two Canadian nationals to two years in the US federal prison for using a fake Twitter account to steal Bitcoins from an innocent US victim.

US Declares China a 'Currency Manipulator' while Bitcoin Sees Growth

US Declares China a 'Currency Manipulator' while Bitcoin Sees Growth

The US Treasury Department officially designated China as a “currency manipulator” on Monday following the largest stock market losses the U.S has seen in 2019.

US Crypto Exchange Kraken Predicts Bitcoin Price Crash in September

US Crypto Exchange Kraken Predicts Bitcoin Price Crash in September

US-based crypto exchange Kraken predicts the Bitcoin price will crash in September followed by a return to extreme volatility.

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