Category: News
Latest news on blockchain, cryptocurrencies and the crypto world in general.
USDC Issuer Circle Receives Payment Institution License in Singapore
Reading Time: < 1 minuteCircle has been granted a Major Payment Institution license by the Monetary Authority of Singapore, enabling Circle Internet Singapore to offer digital payment token services and domestic and international money transfers in the country.
Aave Launching Final Version of its GHO Stablecoin on Ethereum
Reading Time: < 1 minuteAave Companies is heading towards the implementation of their fully decentralized GHO stablecoin on the Ethereum mainnet.
CFTC Wants Additional Powers to Oversee Crypto Industry
Reading Time: < 1 minuteRostin Benam, the head of the CFTC, has called for the department to receive the authority to impose anti-fraud regulations on the cryptocurrency market during his speech in front of […]
Securities and Exchange Commission Sues Coinbase
Reading Time: < 1 minuteThe Securities and Exchange Commission brought a lawsuit against Coinbase on Tuesday morning.
Coinbase Shares Fall 9.1% Following SEC Lawsuit Against Binance
Reading Time: < 1 minuteOn June 5, the trading of Coinbase stocks ended with a 9.1% decline. This was the market’s response to an SEC lawsuit filed against Binance and its CEO Changpeng Zhao.
Atomic Wallet Hacker Sent Assets to Crypto Mixer Used by Hacker Lazarus Group
Reading Time: < 1 minuteMore than $35 million worth of assets stolen in the Atomic Wallet hack is being laundered by the hacker through the Sinbad.io cryptocurrency mixer.
Bloomberg Strategist: BTC Will Go Through Difficult Period
Reading Time: < 1 minuteMike McGlone, a Bloomberg strategist, has cautioned that June 2023 will be a challenging period for bitcoin.
Bitcoin’s Volatility is Tower than Meta and Amazon Stocks
Reading Time: < 1 minuteThe yearly volatility of Bitcoin has dropped from its all-time average of 71% to 32% on the 30D-MA.
SEC Sues Crypto Exchange Binance
Reading Time: < 1 minuteThe US Securities and Exchange Commission instituted a lawsuit against the world’s largest crypto exchange, Binance, and its founder Changpeng Zhao.
USDT’a Market Caps Reaches New High
Reading Time: < 1 minute
The total market value of Tether (USDT) has reached a new record at $83.4 billion, surpassing its previous record from May 2022 of $83.2 billion.
Sui Network Becames Partner of Red Bull Formula 1 Team
Reading Time: < 1 minuteSui Network, a Tier 1 blockchain developer, has recently announced a “multi-year partnership” with Formula 1 racing team Red Bull.
TON Foundation Makes Proposal to Burn Half of Network Fees
Reading Time: < 1 minuteThe TON Foundation has put forward a proposal to introduce a burn mechanism on the TON network, aiming to destroy 50% of all transaction fees.
dWallet Labs Finds $500M Vulnerability in TRON Multisig Accounts
Reading Time: < 1 minuteCybersecurity team 0d from dWallet Labs has recently identified a critical multi-signature vulnerability in the Tron network that has affected approximately $500 million in assets.
Binance Will Delist Anonymous Tokens in Several European Countries
Reading Time: < 1 minuteOn June 26, Binance will delist 12 privacy coins in France, Italy, Poland and Spain. The platform sent email notifications to users from these countries.
Ede Finance Developers Confess Price Manipulation as a Result of Hack
Reading Time: < 1 minuteThe project team admitted to their manipulation and promised to return the stolen funds to the hacker, minus 10%.
Bitcoin Lost 8% of its Value Last Month
Reading Time: < 1 minuteBitcoin experienced a loss of 8% in May, marking a decrease of 64% from the beginning of the year.
Trading Volume on Exchange Minswap Rises to Record High Due to Meme Coins
Reading Time: < 1 minuteDaily trading volume on the Cardano-based decentralized exchange Minswap spiked to $20.93 million in late May, up from around $1-2 million previously.
ExCoinbase Employee to Cooperate in Future SEC Investigations
Reading Time: < 1 minuteIshan Wahi, a former Coinbase employee, has reached a settlement with the US Securities and Exchange Commission (SEC) over insider trading charges related to the front-running of token listings.
Bybit Leaves the Canadian Market
Reading Time: < 1 minuteBybit has made the difficult decision to stop providing its services and products in the Canadian market.
$500 Million at Risk Due to Tron Vulnerability
Reading Time: < 1 minuteThe cybersecurity research team 0d at dWallet Labs identified a critical vulnerability on the Tron blockchain network that threatened $500 million, and the issue was quickly and effectively resolved.
Tenet and LayerZero Team Up to Enhance Omnichain Adoption of LSDs
Reading Time: < 1 minuteTenet has just entered into a partnership with blockchain messaging protocol LayerZero.
USDC Dominance Index Falls to 23% in a Year
Reading Time: < 1 minuteUSDC’s dominance plummeted from 34.88% to 23.05% over the 12-month period.
Genesis and Crypto Exchange Gemini Dispute SEC Lawsuit Against Joint Earn Program
Reading Time: < 1 minuteGenesis Global Holdco and Gemini have filed a motion to dismiss the SEC lawsuit against their joint Earn program.
Former Greek Finance Minister: Banking Sector is “Fairly” Afraid of CBDCs
Reading Time: < 1 minuteEconomist and former Greek Finance Minister Janis Varoufakis has observed that banks in the US, such as JPMorgan, are fearful of the potential implications of central bank digital currency (CBDC) on their businesses.
Norway to Develop its Own Digital Currency Market Regulation Model
Reading Time: < 1 minuteThe Bank of Norway released last week a report focusing on the advancement of the state’s monetary system.
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