Category: News
Latest news on blockchain, cryptocurrencies and the crypto world in general.
Tether Spends $420M to Purchase Nvidia GPUs
Reading Time: < 1 minuteTether Limited, the issuer of the USDT stablecoin, has made a $420 million purchase of 10,000 H100 chips from Nvidia.
Hester Peirce: SEC’s Crypto Policy Might Change
Reading Time: < 1 minuteSEC Commissioner Hester Peirce has acknowledged that the agency’s current stance on the crypto industry may see changes.
Crypto Exchange CoinEx Resumes Operations
Reading Time: < 1 minuteStarting from September 21, users will once again be able to deposit and withdraw funds on the trading platform.
Stanford University to Return $5.5M in Donations from FTX
Reading Time: < 1 minuteStanford University, where the parents of FTX and Alameda Research founder Sam Bankman-Fried (SBF) were employed, has decided to return $5.5 million in donations.
Ukraine Becomes 5th Country in Terms of Crypto Adoption: Report
Reading Time: < 1 minuteUkraine held the fifth position globally for cryptocurrency adoption in 2023.
Jeremy Allaire Believes US Will Not Launch a Stablecoin Law in Short Term
Reading Time: < 1 minuteIn late 2022, Circle CEO Jeremy Allaire urged the US Congress to prioritize the creation of legislation for stablecoins.
Binance CEO Rejects SEC’s Arguments Against Exchange’s US Division
Reading Time: < 1 minuteBinance CEO CZ has rejected the SEC’s allegations, stating that their US division had never used the custody service previously known as Binance Custody.
Outflows From Crypto Funds Hit $455M: Report
Reading Time: < 1 minuteDuring the period of September 9 to 15, a total of $54 million were withdrawn from cryptocurrency investment products.
Paxos Unveils Data on PYUSD Reserves
Reading Time: < 1 minuteAs of August 31, there are currently 44.4 million PYUSD in circulation, which are backed by US Treasuries.
TikTok Scammers Use Elon Musk’s Image to Steal BTC
Reading Time: < 1 minuteA new round of fraudulent cryptocurrency distribution allegedly on behalf of Elon Musk is targeting TikTok users.
Meta to Expand its Horizon Worlds Metaverse to Mobile Devices
Reading Time: < 1 minuteMeta has announced the opening of early access to the first world of the Horizon Worlds metaverse beyond VR headsets.
North Korean Hackers Steal $340M in Crypto in 2023
Reading Time: < 1 minuteTRM Labs has reported in August that North Korean cybercriminals had stolen around $2 billion in digital currencies since 2018.
ApeCoin Community Gives Green Light to $12M Allocation for New NFT Collection
Reading Time: < 1 minuteAIP-304, a proposal put forth by Taiwanese entrepreneur Jeffrey Huang (known under the pseudonym Machi Big Brother), was voted in favor of by token holders of ApeCoin (APE) on September 15-21.
Binance Rolls Out a New Anti Scam Program for P2P Platform Users
Reading Time: < 1 minuteBinance has launched an Anti-Scam Ninja program for all users of its P2P platform.
Bybit Considering Leaving the UK’s Market Due to Regulatory Pressure
Reading Time: < 1 minuteThe CEO of Bybit, Ben Zhou, has noted that the company may be forced to leave the British market.
SWIFT’s CBDC Interoperability Pilot is Joined by Additional Central Banks
Reading Time: < 1 minuteSWIFT has connected the central banks of three countries to the second stage of its pilot testing for the compatibility of traditional systems with CBDC.
Brad Garlinghouse Says US is Worst Country for Crypto Companies
Reading Time: < 1 minuteRipple CEO Brad Garlinghouse has reiterated his earlier claim that crypto companies are facing repressiveness in the US due to the harsh policies of the authorities.
Crypto Exchange Binance Announces $500K in BNB Tokens Donation to Libya Flood Victims
Reading Time: < 1 minuteBinance Charity is donating BNB tokens worth up to $500,000 to Libyan users in aid of their flood recovery.
Lazarus Hackers Might Be Behind CoinEx’s $55 Million Attack
Reading Time: < 1 minuteExperts from SlowMist have surmised that the Lazarus Group may be responsible for the attack on CoinEx.
Gary Gensler: The SEC Seeks to Regulate Crypto
Reading Time: < 1 minuteGary Gensler has stated in a Senate Banking Committee hearing that the majority of cryptocurrencies are regarded as securities and fall under the SEC’s jurisdiction.
PayPal Launches a Service to Convert Crypto into USD
Reading Time: < 1 minutePayPal has announced the launch of a service that will give U.S. residents the ability to exchange cryptocurrencies such as Bitcoin (BTC), Ether (ETH), Bitcoin Cash (BCH), and Litecoin (LTC) for US dollars.
MetaMask Starts Tests of Cross-chain Project Snaps
Reading Time: < 1 minuteMetaMask have begun open beta testing of their Snaps protocol, which expands their non-custodial wallet application beyond EVM networks.
SushiSwap Adds Support for Aptos Network
Reading Time: < 1 minuteDecentralized exchange SushiSwap has just announced it has added support for the Aptos blockchain.
Animoca Brands Attracts $20M for Mocaverse Metaverse
Reading Time: < 1 minuteAn additional round of $20 million in common stock has been raised by Animoca Brands, a Hong Kong based blockchain gaming operator, for the Mocaverse metaverse project.
Cryptocurrency Trading Volume in Spot and Derivatives Markets Declines by More Than 11%
Reading Time: < 1 minuteCCData has observed a decrease in cryptocurrency market participation over the last few months.
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