Category: News
Latest news on blockchain, cryptocurrencies and the crypto world in general.
Huobi Signs Agreement with Busan to Develop Blockchain Industry
Reading Time: < 1 minute Huobi Global and its local subsidiary Huobi Korea have recently signed a memorandum of understanding (MoU) with the government of the Korean city of Busan.
Joseph Lubin: Ethereum’s The Merge is 3rd Major Event in Industry
Reading Time: < 1 minute Joseph Lubin has said that the transition of the Ethereum network from PoW to the Proof-of-Stake (PoS) consensus algorithm will be “extremely efficient.”
Ankr Teams Up with ssv.network for More Secure Form of ETH Liquid Staking
Reading Time: < 1 minute Ankr has recently joined forces with sv.network, a decentralized staking infrastructure that enables the distributed operation of an ETH validator.
Filecoin Project RRMine to Move to Singapore
Reading Time: < 1 minute The largest Chinese service provider on the Filecoin network is moving its business to Singapore.
Russia Plans to Introduce Cryptos into the Country’s Civil Code
Reading Time: < 1 minute Russia has recently proposed to legalize cross-border crypto transactions in 2023, however, this will require changes in the Civil Code.
Northzone Attracts €1 Billion for an Investment Fund Focused on Web3
Reading Time: < 1 minute Northzone, a British venture capital firm, has recently raised €1 billion for a fund focused on investments in crypto and fintech startups.
South Korea Resident is Sentenced to Prison for Metaverse Harassment
Reading Time: < 1 minute A 30-year-old resident in South Korea has been sentenced to four years in prison for sexually harassing minors in an unnamed “popular” metaverse.
Wyre and Bolt Withdraw from $1.5B Deal
Reading Time: < 1 minute Fintech company Bolt Financial Inc. and blockchain startup Wyre Payments have recently terminated an agreement.
Fireblocks Annual Revenue Hits $100M
Reading Time: < 1 minute Crypto company Fireblocks has announced it has reached $100 million in annual revenues.
Huobi Receives Green Light to Operate in the Virgin Islands
Reading Time: < 1 minute The British Virgin Islands Financial Services Commission has granted Huobi Group a license to operate a virtual asset trading platform.
Japanese Government Releases NFTs to Reward its Officials
Reading Time: < 1 minute The Japanese government has just issued non-fungible tokens (NFTs) as a reward for local officials who excel in the use of digital technologies.
Google Launches a Countdown to The Merge Launch on ETH
Reading Time: < 1 minute Google has recently launched a doodle with a countdown timer to the activation of The Merge on the Ethereum mainnet.
Chainalysis: There Will Be a Price Divergence Between Ethereum and Bitcoin After The Merge
Reading Time: < 1 minute The price of Ethereum may show a post-merger independent of other digital assets, as staking will make the second largest cryptocurrency by capitalization look like bonds or commodities.
BNB Chain Devs Will Launch Zero-Knowledge Scaling Solution
Reading Time: < 1 minute The team behind Binance’s BNB Chain has announced the launch of a zero-knowledge proof-based zkBNB solution. According to them, the technology will improve user experience and scaling metrics, including transactions […]
SEC Chairman Supports Power Transfer on Crypto to CFTC
Reading Time: < 1 minute The SEC Chairman Gary Gensler plans to support the US Congress granting additional powers to regulate the crypto market to the CFTC.
Blockchain Capital Participates in Fuel Labs’ $80 Million Funding Round
Reading Time: < 1 minute Fuel Labs, a startup that is focused on blockchain scalability solutions, has just raised $80 million from Blockchain Capital and Stratos Technologies.
UK FCA Warns Investors Against Crypto Influencers
Reading Time: < 1 minute The FCA, the UK’s financial regulator, has recently warned investors about the risks of financial advice from influencers promoting crypto and forex trading.
Startup of Former Revolut Employees Raises $78M
Reading Time: < 1 minute Tesseract, a web3 startup founded by former Revolut Chief Revenue Officer Alan Chang, has raised $78 million.
Decentralized Finance Project Credix Attracts $11 Million
Reading Time: < 1 minute Decentralized lending platform Credix has recently completed a $11.25 million Series A funding round led by Early Stage Motive Partners and ParaFi Capital.
1inch Network to Distribute 300,000 Optimism Tokens
Reading Time: < 1 minute DeFi project 1inch Network plans to distribute 300,000 OP tokens among its users.
Europol: Cryptocurrencies Are a Tool to Fight Crime
Reading Time: < 1 minute Europol representatives have said that blockchain, thanks to its transparency, provides the authorities with a qualitatively new way to fight organized crime in the financial sector.
Price of Lido Finance’s Native Token Jumps 20% Ahead of The Merge
Reading Time: < 1 minute The price of the native token of the liquid staking platform Lido Finance (LDO) has recently increased by more than 20% in a week.
Mining Pool Poolin is Suffering Liquidity Problems
Reading Time: < 1 minute According to Kevin Pan, founder and CEO of mining pool Poolin, the company is facing a liquidity shortage, but user funds are safe.
2 Hackers Use Rug Pull Finder Exploit to Mint 450 NFTs
Reading Time: < 1 minute An exploit in their own smart contract has allowed two attackers to create 450 project NFTs in their wallet for free instead of one.
David Rubenstein Has Invested in Crypto
Reading Time: < 1 minute Carlyle Group co-founder David Rubenstein, has said he has invested in crypto companies.
