Category: News
Latest news on blockchain, cryptocurrencies and the crypto world in general.
Bitcoin Fund Reserves Drop to Lowest Level Since October 2021
Reading Time: < 1 minuteThe amount of BTC held in ETFs has fallen to its lowest level since October 2021.
Ethereum Developers Will Implement Shapella Hard Fork on April 12
Reading Time: < 1 minuteThe Ethereum team has announced April 12 (epoch 620.9536) as the date of the Shanghai-Capella (Shapella) hard fork on the mainnet.
Polygon Co-founder to Launch Project Based on Avail Protocol
Reading Time: < 1 minuteThe Chief Product Officer of Polygon Labs has decided to step down and create a separate project based on the Avail scaling solution.
USDT Doubles USDC’s Market Capitalization
Reading Time: < 1 minuteTether’s USDT market capitalization currently stands at $74.7 billion, almost double that of Circle’s USDC stablecoin capitalization of $37.6 billion.
Crypto Exchange KuCoin Invests in Yuan-Based Stablecoin Issuer
Reading Time: < 1 minuteKuCoin Ventures has announced it has led a funding round for the issuer of the stablecoin CNHC, pegged to the value of the offshore yuan.
Lido Finance Will Open stETH Redemption in mid-May 2023
Reading Time: < 1 minuteLido Finance has announced that the redemption of the original cryptocurrency is set to be available on their liquid staking platform in mid-May 2023.
US and German Authorities Seize Servers of Crypto Mixer ChipMixer
Reading Time: < 1 minuteThe Europol has reported that German and US authorities have disabled the infrastructure of cryptocurrency mixer ChipMixer.
Ripple Launches Testnet of its EVM-compatible Sidechain
Reading Time: < 1 minuteThe Ripple team has recently announced the launch of a testnet for their EVM-compatible sidechain XRP Ledger, which boasts a throughput of 1000 TPS.
Circle Reduces USDC’s Supply by 4.5 Billion Coins in Less Than a Week
Reading Time: < 1 minuteCircle, the co-issuer of the USD Coin (USDC) stablecoin, has redeemed approximately 6.2 billion coins since March 10.
MetaMask Fixes Privacy Issue Affecting Account Merging
Reading Time: < 1 minuteThe developers of MetaMask have recently released an update that eliminates the automatic merging of all accounts when a non-custodial wallet interacts with dApps.
Decentralized Exchange Alex Raises $2.5M
Reading Time: < 1 minuteTrust Machines, Gossamer Capital, and other investors have recently invested $2.5 million in the development of the decentralized exchange Alex.
Ark Invest Purchases $6.4M of Block Shares
Reading Time: < 1 minute
ARK Invest has acquired a total of 92,165 shares of Jack Dorsey Block for an estimated $6.4 million, according to the organization’s trading documents.
BitMEX Resumes Trading After a Temporary Crash
Reading Time: < 1 minuteCryptocurrency exchange BitMEX yesterday experienced a technical issue which led to a suspension of trading.
Car Maker Nissan Registers Web3-related Trademarks
Reading Time: < 1 minuteNissan has registered four Web3-related trademarks in the US, which apply to the brands Infiniti, Nismo and Nissan.
Crypto Exchange Gemini Says It Does Not Have Any Business Relationship with Signature Bank
Reading Time: < 1 minuteCryptocurrency exchange Gemini has announced that all customer funds are secure and held solely in JPMorgan, Goldman Sachs and State Street Bank.
OpenSea Removes Vulnerability Affecting Users
Reading Time: < 1 minuteImperva specialists have recently discovered a vulnerability in the NFT marketplace OpenSea that could have exposed user data.
Aave Plans to Launch a Mission to Rescue Lost Tokens
Reading Time: < 1 minuteAave’s “rescue mission” for tokens lost due to being sent to erroneous smart contracts has been approved by 100% of the votes.
Gate.io Releases a Visa Cryptocurrency Card
Reading Time: < 1 minuteGate Group, the parent organization of cryptocurrency exchange Gate.io, has announced the launch of a Visa-branded cryptocurrency debit card for customers in Europe.
Algostablecoins DAI and FRAX Lose Their Peg to USD
Reading Time: < 1 minuteThe algorithmic stablecoins DAI and FRAX lost their peg to the US dollar, mirroring similar problems experienced by the stablecoin USD Coin (USDC).
ARK Invest Spends $20M to Buy Coinbase Shares
Reading Time: < 1 minuteARK Invest has purchased 301,437 shares of Coinbase for approximately $20 million while the ARK Next Generation Internet ETF (ARKW) has purchased 52,525 shares.
India Implements AML Laws to Cryptocurrencies
Reading Time: < 1 minuteThe Indian Ministry of Finance has extended anti-money laundering legislation to the digital currency market. This will help promote the transparency of crypto transactions and reduce the risk of criminal […]
Messi’s Company Invests in a Web3 Startup
Reading Time: < 1 minuteMatchday, a football web3 startup, has raised $21 million in seed funding from venture capital companies such as Play Time, owned by Lionel Messi, and others.
Coinbase Supports Non-custodial Exchange Mauve
Reading Time: < 1 minuteInvestors including Coinbase VC, Brevan Howard, and others have recently invested $15 million in Mauve.
Binance Bans P2P Transactions in USD and EUR for Russian Users
Reading Time: < 1 minuteCitizens of Russia, as well as any individuals residing in the country, are now prohibited from using the Binance P2P service to purchase or sell dollars and euros.
Binance’s NFT Marketplace Adds Support for Polygon
Reading Time: < 1 minuteThe NFT marketplace of crypto exchange Binance has recently integrated selected ERC-721 collections into the Polygon network.
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