Category: News
Latest news on blockchain, cryptocurrencies and the crypto world in general.
Cameron Winklevoss Says Now It Is a Good Time to Buy BTC
Reading Time: < 1 minuteCameron Winklevoss, co-founder of Gemini crypto exchange, has stated that investors should increase investment in cryptocurrency.
Shiba Inu Team Rolls Out NFT Authenticators for Physical Goods
Reading Time: < 1 minuteShiba Inu developers have recently released Shibacals NFT-based digital authentication solution for physical items as part of the deployment of their Shibarium ecosystem.
Arbitrum Devs Launch Tool for Creating L3 Solutions
Reading Time: < 1 minuteOffchain Labs has released a new toolkit, called Orbit, which allows users to create their own Layer 3 (L3) blockchains using the software stack, on the Arbitrum One, Arbitrum Nova, and Arbitrum Goerli testnet networks.
Investors Withdraw $150M from Binance and Kraken
Reading Time: < 1 minuteOver the past week, Lookonchain analysts have recorded a total outflow of 86,520 ETH (~$150 million) from Binance and Kraken.
Binance Launches a Crypto Platform in Kazakhstan
Reading Time: < 1 minuteBinance successfully obtained on October 4, 2022 a license from the Astana Financial Services Authority (AFSA), granting them the status of a regulated service for storing and exchanging digital assets.
US Department of Homeland Security Creates Group to Fight Cryptocrime
Reading Time: < 1 minuteThe US Department of Homeland Security has recently announced the formation of a new task force composed of five federal law enforcement agencies who will investigate crimes related to cryptocurrency and the dark web.
Number of New Litecoin Addresses Increases by 55%
Reading Time: < 1 minuteThe number of new addresses on the Litecoin network increased by 54.6% between June 10 and June 17, surpassing the 300,000 mark.
Alibaba’s Board of Directors Welcomes a Cryptocurrency Supporter as New Head
Reading Time: < 1 minuteJoseph Tsai, the co-founder of Alibaba, will replace Daniel Zhang as chairman of the company’s board of directors starting September 10, 2023.
Trading on Kraken and Bybit Jumps by Almost 10%
Reading Time: < 1 minuteFollowing the FTX crash in November 2022, some crypto exchanges witnessed a decrease in user activity.
Deutsche Bank Plans to Store Crypto Assets
Reading Time: < 1 minuteDeutsche Bank has recently submitted an application to BaFin for a license as a custody service provider for digital assets.
Crypto.com Said to Have a Secret Prop-trading Department
Reading Time: < 1 minuteThe Financial Times has reported that Crypto.com has established a prop trading division, whose employees have promised to keep mum about their tasks.
Coinbase: Predicting the Effects of a BTC Halving is Not Easy
Reading Time: < 1 minuteDavid Duong, the head of research at Coinbase, has highlighted that the consequences of the upcoming halving in 2024 are difficult to predict.
BNB Chain Devs Launch a Testnet Compatible with Optimism
Reading Time: < 1 minuteDevelopers from the BNB Chain blockchain have released their opBNB testnet, an EVM-compatible optimization designed to utilize Optimism’s second-layer scaling solution.
DAI Becomes Third Largest Stablecoin
Reading Time: < 1 minuteThe supply of BUSD had fallen by more than 70% since the beginning of 2023, while DAI experienced a 20% increase in investment during the same time period.
New York Bans Crypto Exchange CoinEx
Reading Time: < 1 minuteThe New York State Attorney General’s Office (NYAG) has imposed penalties on Hong Kong-based crypto exchange CoinEx of approximately $1.7 million in response to the company’s operation without a license.
Frax Finance to Launch its Own Second-tier Ethereum Network
Reading Time: < 1 minuteThe Frax Finance team plans to launch its own second-tier Ethereum network, Fraxchain, by the end of the year.
Bitcoin Ransomware is Using Mining to Launder Funds
Reading Time: < 1 minuteChainalysis has reported that ransomware operators are relying more and more on mining pools to launder illegally obtained assets.
Binance to Leave Cyprus Market
Reading Time: < 1 minuteBinance has submitted an application to the Securities and Exchange Commission to revoke its license in Cyprus.
Coinbase Teams Up With Bitkey Wallet Devs
Reading Time: < 1 minuteCoinbase has teamed up with Bitkey, a non-custodial wallet developed by Block Jack Dorsey.
NFT Marketplace Blur Announces it is Unfreezing 196 Million Tokens
Reading Time: < 1 minuteNearly 196 million BLUR tokens, worth ~$62 million, which constitute 6.5% of the total supply and 40% of the current market supply, were unlocked yesterday.
Bank of Thailand Starts Trials of National Digital Currency
Reading Time: < 1 minuteLast year, the Central Bank of Thailand expressed its desire to test a central bank digital currency (CBDC) within the next year.
Prime Trust’s Payments Division Files for Bankruptcy Protection
Reading Time: < 1 minuteBanq, a payment subsidiary of crypto custodian Prime Trust, has filed for Chapter 11 bankruptcy in Nevada District Court.
Web3 Esports Platform Moxy.io is Integrating Shoks Rods Game
Reading Time: < 1 minuteMoxy.io has recently announced that is has teamed up with Stainless Games.
Uniswap v4’s Draft Code is Made Available to the Public
Reading Time: < 1 minuteUniswap Labs has just released the early code for Uniswap v4 on GitHub.
Mark Cuban: The SEC Could Recognize Any Token as a Security
Reading Time: < 1 minuteMark Cuban, an American financier and TV presenter, has spoken out against the Securities and Exchange Commission (SEC) for their lack of a system classifying digital currencies.
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