Category: News
Latest news on blockchain, cryptocurrencies and the crypto world in general.
Singapore Publishes Regulatory Framework for Stablecoins
Reading Time: < 1 minuteThe Monetary Authority of Singapore has recently finalized new regulations for stablecoins. The framework’s goal is to ensure stable value for regulated stablecoins in Singapore.
CME BTC Futures Monthly Volumes Reach Highest Level in a Year
Reading Time: < 1 minuteIn July, CME Group recorded its highest monthly volumes of the year, amounting to $53.33 billion as of July 29.
Upbit Suspends CRV Deposits and Withdrawals
Reading Time: < 1 minuteUpbit has suspended deposits and withdrawals for Curve Finance’s token, CRV, after a reentrancy vulnerability was identified in some of its associated stablecoin pools.
Coca-Cola Launches NFT Collection on Ethereum Layer 2 Base
Reading Time: < 1 minuteCoca-Cola has introduced its “Masterpiece” NFT collection on Base, Coinbase’s Ethereum Layer 2 network.
Hacker Steals $47M from Curve Finance
Reading Time: < 1 minuteA person using an exploit in the Vyper program code was able to breach on July 30 DEX Curve Finance’ stablecoin pools, resulting in a withdrawal of approximately $47 million.
Germany Opens Investigation into Worldcoin
Reading Time: < 1 minuteBayLDA, the Bavarian State Data Protection Supervisory Authority, has been investigating the activities of Sam Altman’s Worldcoin project regarding the collection of biometric information since the end of 2022.
Human Rights Foundation Plans to Giveaway 20 BTCs
Reading Time: < 1 minuteThe Human Rights Foundation (HRF) has allocated 20 BTC (equivalent to approximately $600,000) to developers for their contribution in improving the Bitcoin protocol.
Arthur Hayes Believes Ethereum Could Reach $31,000
Reading Time: < 1 minuteArthur Hayes, co-founder of BitMEX, predicted in an article he published in early July that Bitcoin (BTC)’s price will skyrocket to $760,000.
User Moves 641 ETH Bought 8 Years Ago
Reading Time: < 1 minuteAn Ethereum Initial Coin Offering (ICO) address has moved 641 ETH for the first time in eight years, worth about $1.2 million.
Trustee Plus Rolls Out a Payment Crypto Card
Reading Time: < 1 minuteOn August 1, Trustee Plus, a Ukrainian cryptocurrency neobank, began offering payment cards through Mastercard, which allow users to pay for purchases with digital assets at retailers. This card is […]
Sam Bankman-Fried is Linked to BALD Meme-Token Project
Reading Time: < 1 minuteAdam Cochran, partner at CEHV fund, and other experts concluded that Sam Bankman-Fried (SBF) or someone from the Alameda Research team is likely behind the BALD meme token project.
Binance Gets License to Operate as a Crypto Exchange in Dubai
Reading Time: < 1 minuteBinance FZE, a subsidiary of Binance, has been granted a basic operating license by Dubai’s local regulator VARA.
Coinbase Announces Plans to Buy Back Part of $1B Bonds
Reading Time: < 1 minuteCoinbase is looking to repurchase a portion of its $1 billion bonds from investors at a premium.
Australian Bendigo Bank Restricts Transfers to Crypto Exchanges
Reading Time: < 1 minuteBendigo Bank, one of the largest banks in Australia, has announced it will be blocking “high-risk crypto payments” in order to protect customers against potential fraud.
Genesis Digital Assets Launches Three Data Centers
Reading Time: < 1 minuteGenesis Digital Assets (GDA) has recently opened three new data centers in southeast South Carolina to mine the leading cryptocurrency. The intention of the company is to take advantage of […]
Blockchain Companies Will Have to Disclose Information on Hacks to SEC
Reading Time: < 1 minuteThe US Securities and Exchange Commission (SEC) has recently adopted new rules that require crypto companies to disclose information about major cybersecurity incidents.
Nasdaq Dynamics Affects Ethereum More Than Bitcoin: CME Report
Reading Time: < 1 minuteAnalysis from CME analysts indicates that the high-tech Nasdaq 100 index tending to have a positive, yet moderate, effect on the Ethereum to Bitcoin exchange rate.
Number of Active Addresses on Binance Chain Grows by 26%
Reading Time: < 1 minuteIn May, the Binance Chain network experienced an escalated level of daily transactions – exceeding 4.8 million – which marked a yearly high.
Blockchain Will Save Financial Institutions $10B in 7 Years
Reading Time: < 1 minuteA survey with 300 financial professionals from 45 countries determined that 97% agree blockchain will be a major component of accelerating payments in the near future.
User Returns $74M Blocked During ENS Auction
Reading Time: < 1 minutedarkmarket.eth has returned 39,712 ETH locked up in an Ethereum Name Service (ENS) auction.
Nigeria Says Binance’s Activities Are Illegal
Reading Time: < 1 minuteThe Nigerian Securities and Exchange Commission (SEC) has issued a warning to the Binance cryptocurrency exchange, stating that it is operating illegally in the country.
DEX PancakeSwap to Distribute Fee Income Among CAKE Stakers
Reading Time: < 1 minutePancakeSwap has announced that beginning August 9, holders of CAKE tokens can earn a 5% return from trading fees of the protocol.
Cryptocurrency Broker Bity Sues FINMA in Switzerland
Reading Time: < 1 minuteBity, a crypto brokerage company, has initiated a fundraiser to cover the legal costs of suing the Swiss Financial Market Supervisory Authority (FINMA).
Mike Novogratz Urges to Buy BTC
Reading Time: < 1 minuteIn light of the US public debt rapidly growing, Mike Novogratz, the CEO of Galaxy Digital, advocates buying Bitcoins.
France’s Regulator Questions Legality of Worldcoin Collecting Biometrics
Reading Time: < 1 minuteThe Worldcoin project of ChatGPT founder Sam Altman, which involves the collection of biometric data, has been met with doubt over its legality.
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