Category: News
Latest news on blockchain, cryptocurrencies and the crypto world in general.
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.
JPMorgan: Ethereum Miners Will Be Affected by The Merge Update
Reading Time: < 1 minuteWith the transition of Ethereum to the Proof-of-Stake (PoS) consensus algorithm, miners will have to look for alternative sources of income.
Symbiosis Finance Teams Up with Benqi Finance
Reading Time: < 1 minuteSymbiosis Finance, a multi-chain liquidity protocol, has joined forces with Avalanche-based lending protocol Benqi Finance.
Binance Labs Invests in Node Provider Ankr
Reading Time: < 1 minuteBinance Labs has recently made a major investment in Ankr, the second largest node provider just behind Alchemy.
CoinFLEX Files For Company’s Restructuring
Reading Time: < 1 minuteCrypto derivatives platform CoinFLEX has filed a restructuring application with the Seychelles Court.
Decentralized Finance Project Injective Protocol Attracts $40M
Reading Time: < 1 minuteDeFi protocol Injective Protocol has recently raised $40 million in a funding round to accelerate the adoption and development of Web3.
Hotbit Suspends Trading and Withdrawals
Reading Time: < 1 minuteCryptocurrency exchange Hotbit suspended trading, depositing and withdrawing funds for all customers yesterday.
Social Network Reddit to Transfer Tokens to Arbitrum Nova Network
Reading Time: < 1 minuteSocial content platform Reddit has teamed up with the Arbitrum platform and FTX to implement the Community Points program in the second layer network.
ARK Invest Sells Block Shares to Increase its Position in GPU Maker Nvidia
Reading Time: < 1 minuteThe Ark Innovation ETF has dumped 235,489 Block (formerly Square) shares worth over $20.1 million to buy an additional 366,982 Nvidia shares worth $65.3 million.
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