Category: News
Latest news on blockchain, cryptocurrencies and the crypto world in general.
The SEC Abandons its Definition of Cryptocurrencies
Reading Time: < 1 minuteThe US Securities and Exchange Commission (SEC) has removed its first formal definition of “digital assets” from its hedge fund rulebook.
Deloitte Releases a Polkadot KILT Protocol Parachain for KYC
Reading Time: < 1 minuteDeloitte, one of the largest audit and consulting firms in the world, is utilizing Polkadot’s KILT Protocol parachain technology to improve its KYC/KYB processes.
Fed Raises its Rates
Reading Time: < 1 minuteThe Federal Reserve shifted to a new stage of post-pandemic economic recovery management yesterday, taking what may be the last step in its historic series of interest rate hikes.
IMF Head Recalls Risks of Introducing CBDCs
Reading Time: < 1 minuteThe Director of the International Monetary Fund has expressed worry over the readiness of many countries to transition to national digital currencies (CBDCs).
bitFlyer USA Ordered to Pay a $1.2M Fine for Violating New York State Cybersecurity Regulations
Reading Time: < 1 minuteThe NYDFS has imposed a fine of $1.2 million on cryptocurrency exchange bitFlyer USA for not complying with New York state cybersecurity regulations.
Crypto Venture Firm Credably Neutral Attracts $5.5M
Reading Time: < 1 minuteViktor Bunin and Lisa Cuesta Bunin, the creators of Credably Neutral, a new Web3-focused investment company, have recently received $5.5 million in funding.
Florida Governor Wants to Ban CBDCs
Reading Time: < 1 minuteFlorida Gov. Ron DeSantis has taken a firm stance against the idea of a central bank digital currency (CBDC), vowing to ban it in his jurisdiction.
Coinjar to Expand to US
Reading Time: < 1 minuteCoinjar, an Australian crypto exchange, is looking to expand into the United States despite the current market’s regulatory risks.
Blur and Paradigm Roll Out an NFT Lending Protocol
Reading Time: < 1 minuteThe Blur platform has recently introduced the Blend landing protocol for non-fungible tokens (NFTs).
US Authorities May Close Another Bank Serving Crypto Companies
Reading Time: < 1 minuteCross River Bank is listed as one of the lending institutions that serve crypto companies, such as Coinbase and Circle, the issuer of USDC.
Binance Warns Justin Sun After Transferring 115M TUSD
Reading Time: < 1 minuteAnalysts at Whale Alert have detected a transfer of 115.1 million TrueUSD (TUSD) from Tron founder Justin Sun to Binance.
Cryptos Will Outperform Other Assets Amid Banking Crisis: Opinion
Reading Time: < 1 minuteRaoul Pal, a former top manager of Goldman Sachs and macro investor, has predicted that cryptocurrencies will outperform other asset classes.
Uniswap Launches Solutions to Reduce Protocol’s Overhead
Reading Time: < 1 minuteA new Permit2 approval mechanism has been developed by the Uniswap decentralized exchange team to enable smart contracts to transfer tokens on behalf of users.
DEX Merlin Loses $1.82M in Hacker Attack
Reading Time: < 1 minuteMerlin, a decentralized exchange based on zkSync Era, lost approximately $1.82 million in assets in an alleged exploit immediately after a CertiK audit. CertiK completed on April 24 a security […]
Circle CEO Attributes Decreasing USDC Market Cap to US Crackdown on Crypto
Reading Time: < 1 minuteJeremy Allaire, CEO of Circle, has stated that the recent regulatory crackdown by the United States has had an effect on the market capitalization of its stablecoin, USD Coin.
Gibraltar Court Freezes Crypto Exchanges Assets
Reading Time: < 1 minute
A Gibraltar court has frozen cryptocurrency wallets on multiple large trading platforms that are potentially linked to the now-bankrupt Globix exchange.
Puma Plans to Launch a Collection of NFT Sneakers
Reading Time: < 1 minutePuma has collaborated with digital artist Wagmi-san and store 10KTF to release a collection of NFT sneakers.
CoinGecko Compiles List of Popular Web3 Games of the Year
Reading Time: < 1 minuteCoinGecko has reported that as of 2023, four of the most popular Web3 games are Alien Worlds, Splinterlands, Farmers World, and Planet IX, each having over 35,000 unique active wallets (UAWs) interacting daily.
Coinbase CEO Brian Armstrong Joins NFT Initiative Stand with Crypto
Reading Time: < 1 minuteCoinbase CEO Brian Armstrong has released NFTs as part of the Stand with Crypto project.
South Korea’s Authorities Bring Criminal Charges Against Terraform Labs Co-founder
Reading Time: < 1 minuteSouth Korean prosecutors have brought charges against Terraform Labs (TFL) co-founder Daniel Shin.
Arbitrum Starts Distribution of Tokens Among DAOs
Reading Time: < 1 minuteThe Arbitrum second-tier solution development team has distributed governance tokens among 125 decentralized autonomous organizations (DAOs).
Romania to Launch a National NFT Marketplace
Reading Time: < 1 minuteThe Romanian National Institute for Informatics Research and Development is set to launch a government-backed NFT platform to encourage Web3 adoption in the country.
Bitfarms Will Increase its Bitcoin Mining Capacity in Argentina to 100 MW
Reading Time: < 1 minuteBitfarms has been granted the necessary permits to ramp up the power consumption of its Rio Cuarto (Argentina) facility to 100 MW.
France to Accelerate Crypto Startups Registration
Reading Time: < 1 minuteThe French Financial Market Supervisory Commission (AMF) is exploring the possibility of expediting the registration of crypto firms.
Korea Blockchain Week Will Return This Year Following Success of 2022’s Edition
Reading Time: < 1 minuteKorea Blockchain Week has announced it is returning for 2023 following the success of last year’s edition.
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