Category: News
Latest news on blockchain, cryptocurrencies and the crypto world in general.
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.”
Japan Plans to Tighten AML Procedures Through Cryptos
Reading Time: < 1 minuteThe Japanese government plans to introduce new rules to tighten the fight against the laundering of illegally obtained funds using digital assets.
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.
Parity Technologies Presents Polkadot’s Roadmap
Reading Time: < 1 minuteParity Technologies, the organization associated with the Polkadot blockchain, has just published an overview of the project’s roadmap.
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.
Microsoft’s M12 Invests in Web3 Project Space and Time
Reading Time: < 1 minuteM12, Microsoft’s venture fund, has participated in the $20 million funding round of Space and Time, a Web3-native data platform.
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.
Grayscale’s GBTC Discount Reaches a Record 35%
Reading Time: < 1 minuteThe quotes of Grayscale Investments’ Bitcoin trust (GBTC) decreased by 35.18% on September 23 relative to net asset value (NAV).
Voyager Digital CFO Leaves Position After Five Months
Reading Time: < 1 minuteAshwin Prithipaul, chief financial officer (CFO) of bankrupt crypto lender Voyager Digital, has announced his resignation.
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.
Coinsquare Purchases its Competitor CoinSmart
Reading Time: < 1 minuteCanada-based trading platform Coinsquare has announced it has acquired the public cryptocurrency exchange CoinSmart.
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.
Mining Company Compute North Files for Bankruptcy
Reading Time: < 1 minuteCryptocurrency mining company Compute North has just filed for bankruptcy.
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.
Celsius May Issue Wrapped Tokens to Pay Off Debt
Reading Time: < 1 minuteThe restructuring plan for crypto lending platform Celsius Network includes the issuance of wrapped tokens.
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.
JPMorgan CEO: “Cryptocurrencies Are Decentralized Ponzi Schemes”
Reading Time: < 1 minuteJamie Dimon, CEO of JP Morgan, has said that cryptocurrencies are “decentralized Ponzi schemes,” but blockchain technology has potential.
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.
US Court Orders USDT Issuer to Disclose Stablecoin Collateral
Reading Time: < 1 minuteA court in New York has ordered Tether Limited to provide financial documents.
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.
China Plans to Expand Digital Yuan Testing to Four Provinces
Reading Time: < 1 minuteThe deputy governor of the Central Bank of China has said that the Chinese provinces of Sichuan, Hebei, Jiangsu and Guangdong will start testing the digital yuan.
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