Author: Tony Pearce
Russia Will Remove Restrictions on Crypto International Payments
Reading Time: < 1 minuteThe Ministry of Finance of Russia wants to allow international payments in cryptocurrencies for any industry without restrictions.
Uniswap Labs Plans to Reach a $1B Valuation
Reading Time: < 1 minuteThe Uniswap Labs team is in the early stages of negotiations to raise between $100 million and $200 million.
Member of the Board of the Swiss National Bank: “CBDCs Will Bring Stability to DeFi Sector”
Reading Time: < 1 minuteCBDCs can interact with decentralized finance and bring more stability to the sector.
Kazakhstan Introduces a Bill to Regulate Cryptocurrency Mining
Reading Time: < 1 minuteDeputies of the Mazhilis of Kazakhstan have recently developed a bill regulating crypto mining in the country.
FTX’s CEO Wanted to Participate in Twitter’s Takeover
Reading Time: < 1 minuteFTX CEO Sam Bankman-Fried was “potentially interested” in funding Elon Musk’s purchase of Twitter.
IMF: The Concentration of Control From Exchanges in PoS Networks Poses Risks
Reading Time: < 1 minuteThe Proof-of-Stake (PoS) consensus algorithm could lead to “an excessive concentration of decision-making power in the hands of crypto exchanges and custodial service providers, with risks to market integrity.”
Crypto Wallet Maker OneKey Attracts $20M
Reading Time: < 1 minuteOneKey, a Hong Kong-based open source hardware wallet maker, has recently completed a $20 million Series A funding round led by Dragonfly and Ribbit Capital.
French Watchdog Grants Crypto.com Regulatory Approval
Reading Time: < 1 minuteCrypto.com has just announced today that the Autorité des marchés financiers (AMF) of France has granted it a Digital Asset Service Provider (DASP) license.
3,313 BTC Linked to Luna Foundation Guard Are Moved
Reading Time: < 1 minute3,313 BTC associated with the Luna Foundation Guard (LFG) have started to move.
Binance Implements Terra Classic’s Burning Mechanism
Reading Time: < 1 minuteCrypto exchange Binance has decided to burn all fees charged on the LUNC/BUSD and LUNC/USDT spot and margin pairs listed on the exchange.
Hackers Steal $950,000 Due to Profanity Bug
Reading Time: < 1 minuteThere has been a theft of 732 ETH or $950,000 from an Ethereum address created using the Profanity generator.
CoinFLEX Lenders Give Their Support to Platform’s Business Restructuring Plan
Reading Time: < 1 minuteThe lenders of crypto derivatives platform CoinFLEX have given their support to the proposal to restructure the company’s business ahead of schedule.
The UK Proposes to Simplify Crypto Withdrawal
Reading Time: < 1 minuteThe UK’s Parliament plans to consider a bill aimed at combating cybercrime and money laundering.
Binance CEO: Bearish Cycles Are Beneficial for Crypto Market
Reading Time: < 1 minuteBinance CEO has said that in the long term, bearish sentiment is more beneficial for the cryptocurrency market than a seemingly endless uptrend.
Developers Behind NFT Collection Azuki to Raise $30 Million
Reading Time: < 1 minuteThe team of developers behind the NFT collection Azuki plans to conduct a $30 million Series A funding round at a $300 million to $400 million valuation.
AAG Announces Launch of MetaOne Dapp Store
Reading Time: < 1 minuteAAG has just announced the launch of MetaOne dApp Store.
Messari Attracts $35M from Several Investors
Reading Time: < 1 minuteMessari has recently completed a $35 million Series B funding round led by billionaire Alan Howard’s Brevan Howard Digital.
Crypto Fraud Suspect to Pay $3.7B in Brazil
Reading Time: < 1 minuteA court from Rio de Janeiro has ordered the founder of GAS Consultoria to deposit $3.7 billion to pay a compensation to the victims of a cryptocurrency fraud.
Coinbase CEO Criticizes US Crypto Regulation
Reading Time: < 1 minuteCoinbase CEO Brian Armstrong has said that a tough approach to regulating the cryptocurrency industry is holding back its development.
Experts: $160M Stolen from Wintermute Are Linked to Profanity
Reading Time: < 1 minuteThe unknown attacker who stole $160 million from market maker Wintermute exploited a vulnerability in the Profanity tool.
18% of Blocks in Updated Ethereum Are Created Using MEV
Reading Time: < 1 minute18% of the blocks on the Ethereum network were generated using MEV, providing additional staking rewards to validators.
Australian Senator: “The Digital Yuan is a Threat to National Security”
Reading Time: < 1 minuteSenator Andrew Bragg of the Australian state of New South Wales has announced a new digital asset bill.
TrueLayer Will Lay Off 10% of its Employees
Reading Time: < 1 minuteOpen banking startup TrueLayer has announced it intends to cut headcount by 10%.
Charles Hoskinson: The Hype Around The Merge is Excessive
Reading Time: < 1 minuteThe transition of the Ethereum network to the Proof-of-Stake consensus algorithm did not affect blockchain performance, transaction costs or liquidity.
Huobi Signs Agreement with Busan to Develop Blockchain Industry
Reading Time: < 1 minuteHuobi Global and its local subsidiary Huobi Korea have recently signed a memorandum of understanding (MoU) with the government of the Korean city of Busan.
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