Category: News
Latest news on blockchain, cryptocurrencies and the crypto world in general.
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.
EU: Companies Must Disclose Regulatory Status of Cryptocurrencies
Reading Time: < 1 minuteThe ESMA has recently reminded investment firms to lay out the regulatory status of their products, specifically emphasizing digital assets, amid the pending adoption of applicable laws.
JPMorgan: Bitcoin Will Hit $45,000
Reading Time: < 1 minuteAnalysts at JPMorgan Chase concluded that a troy ounce of gold currently valued at $2,000 is equal to $45,000 in Bitcoin.
Binance Freezes $4.4M in Crypto at Request of US Authorities
Reading Time: < 1 minuteUS and other authorities have imposed sanctions against the Lazarus group, the most extensive cybercrime organization.
Sam Altman’s Worldcoin Attracts $115M
Reading Time: < 1 minuteTools for Humanity has recently raised $115 million in a Series C funding round.
Ripple Says it Bought Bitstamp to Diversify its Business
Reading Time: < 1 minuteMonica Long, the president of fintech company Ripple, has stated that the acquisition of a stake in crypto exchange Bitstamp will assist in Ripple’s expansion of its global presence and venturing beyond payments.
Binance Launches NFT Loans on its Marketplace
Reading Time: < 1 minuteThe NFT marketplace of cryptocurrency exchange Binance has just added the possibility of borrowing cryptocurrencies using NFTs as collateral.
Synthetix Founder Proposes 12 Suggestions to Improve Project
Reading Time: < 1 minuteKain Warwick, the founder of the Synthetix DeFi platform, has proposed twelve new suggestions in his blog to bring the project to the next level of development.
Winklevoss Twins to Expand Gemini into British Market
Reading Time: < 1 minuteCameron and Tyler Winklevoss, the founders of cryptocurrency exchange Gemini, have revealed their plans to open a second headquarters in London.
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