Category: News
Latest news on blockchain, cryptocurrencies and the crypto world in general.
Celsius Faces a New Class Action Lawsuit in the US
Reading Time: < 1 minuteA group of custodial account holders at Celsius Network have petitioned the Bankruptcy Court for permission to withdraw their funds from the company.
Charles Hoskinson: This is Why Cardano Does Not Have a Token Burning Mechanism
Reading Time: < 1 minuteUnlike other cryptocurrency projects, burning ADA tokens to create scarcity is not possible.
Compound Suspends cETH Operations Due to Protocol Update Error
Reading Time: < 1 minuteThe team behind the lending protocol Compound has suspended lending and collateral withdrawals for cETH tokens.
US Congressman Asks Exchanges for Anti-fraud Data
Reading Time: < 1 minuteA member of the US House of Representatives has sent multiple letters to a number of federal agencies and cryptocurrency exchanges asking for data on the fight against fraud.
MicroStrategy is Accused of Evading $25 Million in Taxes
Reading Time: < 1 minuteThe District of Columbia has just filed a lawsuit against MicroStrategy and its CEO.
10,000 BTC Associated with Mt.Gox Are Transferred
Reading Time: < 1 minute10,000 BTC which on August 29 started to move for the first time since 2013 are somehow connected with bankrupt cryptocurrency exchange Mt.Gox.
Web3 Game Developer Xterio Attracts $40 Million
Reading Time: < 1 minuteThe Switzerland-based Web3 game publisher has recently raised $40 million in a funding round.
Immunefi Experts: The Value of Stolen 134 BAYC is $13.6M
Reading Time: < 1 minuteThe value of 143 tokens from the Bored Ape Yacht Club (BAYC) NFT collection that have been marked with suspicious activity by OpenSea is $13.58 million.
Flare Teams Up with Swiss Firm Lena Instruments to Launch New Crowdfunding Mechanism
Reading Time: 2 minutesFlare Network has recently announced that it has rolled out a crowdfunding launchpad together with Swiss blockchain software and infrastructure company Lena Instruments.
Meta Integrates NFTs on Facebook
Reading Time: < 1 minuteMeta Corporation, Fas expanded a pilot project for the integration of non-fungible tokens to the social network Facebook.
Moonbeam Integrates LayerZero
Reading Time: < 1 minuteParachain Moonbeam has recently integrated the network-to-network messaging protocol LayerZero to enhance interaction in the Web3 space.
Dubai Regulator Launches New Crypto Advertising Rules
Reading Time: < 1 minuteThe Dubai Virtual Assets Regulatory Authority has recently published new rules governing the advertising and promotion of cryptocurrencies.
South Korean Brokers to Launch Crypto Exchanges
Reading Time: < 1 minuteSeven of the largest South Korean brokerage companies have applied for corporate structure approval to launch crypto exchanges in the first half of 2023.
Mt. Gox Has Not Yet Started Refunds
Reading Time: < 1 minuteNobuyaki Kobayashi has not started distributing funds as part of the civil rehabilitation process.
Japan Will Ease Crypto Tax Policy
Reading Time: < 1 minuteThe Japanese authorities are currently considering options for easing tax policy in relation to crypto business.
Polygon Co-Founder Launches $50M Fund to Invest in Web3 Projects
Reading Time: < 1 minuteSandeep Nailwal has recently launched Symbolic Capital, a $50 million venture capital fund focused on supporting Web3 startups in emerging markets.
Crypto Funds Record 2nd Consecutive Weekly Outflow
Reading Time: < 1 minuteThe outflow of funds from cryptocurrency investment products from August 13 to 19 amounted to $9 million compared to $17 million a week earlier.
WhiteBIT Lists Native Token WBT
Reading Time: < 1 minuteCryptocurrency exchange WhiteBIT has listed its internal WhiteBit Token (WBT) on August 25.
Hacker Attacks Cross-chain Bridge Rainbow Bridge
Reading Time: < 1 minuteCross-chain bridge Rainbow Bridge has successfully repelled an attack by an unknown hacker on August 20.
Invesco to Launch Fund to Invest in Metaverse
Reading Time: < 1 minuteInvesco has recently announced the launch of a fund for investments in companies focused on virtual worlds.
IMF is Concerned About Growth of Correlation Between Crypto and Asian Stock Market
Reading Time: < 1 minuteThe increased correlation between cryptocurrencies and stock markets in Asia is a matter of concern and calls for additional regulatory action.
Nigeria’s CBDC Transaction Volume Exceeds $9M
Reading Time: < 1 minuteNigeria’s CBDC has been used to conduct transactions totaling 4 billion Nigerian Naira or $9.3 million
GameFi Project Snook Enters into Partnership with Unstoppable Domains
Reading Time: < 1 minuteSnook has opened up the possibility of launching “themed rooms” to ecosystem partners Unstoppable Domains and LobsterDAO.
Pension Fund of Canada Writes Off $150M Investment in Celsius
Reading Time: < 1 minuteCaisse de dépôt et Placement du Québec (CDPQ) has posted a write-off of CAD 200 million or about $150 million of investments in crypto lending platform Celsius Network.
BlackRock Unveils Bitcoin Trust for Institutional Investors
Reading Time: < 1 minuteAsset manager BlackRock has announced that it has launched a US-based institutional-focused trust that tracks the price of BTC.
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