More Than 50% of Turkish Residents Own Crypto: Survey
Reading Time: < 1 minuteBy 2022, the percentage of the Turkish population owning cryptocurrencies had risen to 40%.
Changpeng Zhao: DeFi Will Outperform CeFi in Next Bull Market
Reading Time: < 1 minuteChangpeng Zhao believes the DeFi sector has the capacity to exceed Centralized Finance (CeFi) during the next cryptocurrency surge.
Kava Chain Now Live on Fireblocks, Opening Cosmos DeFi to Institutional Investors
Reading Time: 2 minutesGeorgetown, Cayman Islands, September 1st, 2023, Chainwire Kava Chain, a decentralized Cosmos-Ethereum interoperable Layer 1 blockchain, is now available on Fireblocks, an enterprise platform to manage digital asset operations and […]
zkPass Pre-alpha Testnet Opens for Public Testing
Reading Time: 3 minutesNew York, US, September 1st, 2023, Chainwire In a significant stride towards revolutionizing data privacy and verification, zkPass, the innovative privacy-preserving protocol for private data verification, announces that its Pre-alpha […]
Court Dismisses Class Action Lawsuit Against Uniswap
Reading Time: < 1 minuteThe Southern District of New York court dismissed a class action lawsuit against Uniswap Labs, its CEO Hayden Adams, the Uniswap Foundation and venture investors of the decentralized exchange.
Tom Lee: Bitcoin Will Soar to $185,000
Reading Time: < 1 minuteTom Lee of Fundstrat has told that the cost of the leading digital currency, Bitcoin, could reach $150,000 once exchange-traded crypto funds ETFs are allowed to be focused on the spot price of the currency.
Lufthansa Unveils NFT Initiative on Polygon’s Network
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German airline Lufthansa has created the Uptrip loyalty program based on non-fungible tokens (NFTs) on the Polygon network.
Vext To List Exclusively With ByBit On 4th September
Reading Time: 3 minutesLondon, United Kingdom, August 31st, 2023, Chainwire Veloce, the world’s largest digital racing media network, will be launching its governance and utility token, VEXT, exclusively on ByBit, one of the […]
Crypto Bank SEBA Granted Hong Kong Regulator’s Approval
Reading Time: < 1 minuteSEBA Bank, a Switzerland-based licensed cryptocurrency bank, has been granted in-principle approval by the SFC to carry out digital asset-related activities in Hong Kong.
Tether Will Process USD Transactions Through a Bahamas Bank
Reading Time: < 1 minuteThe company, registered in the Bahamas, Britannia Bank, is its new partner through whom dollar transactions will be done in response to heightened regulations by the US and European Union on the movement of digital currency.
US Congress Proposes Dismissing Gary Gensler
Reading Time: < 1 minuteUS House of Representatives member Warren Davidson has once again called for the removal of Gary Gensler from his post as head of the SEC following a positive court verdict for Grayscale in its conversion of GBTC tokens into an ETF.
Core Quickswap Members Launch 50x Leverage on Kava Chain
Reading Time: 2 minutesGeorgetown, Cayman Islands, August 30th, 2023, Chainwire Multiple core contributors of Quickswap, celebrated for their success on Polygon, have launched their next venture: Kinetix Finance on Kava Chain. Kava Chain […]
SEC Classifies NFTs as Investment Contracts
Reading Time: < 1 minuteThe US Securities and Exchange Commission (SEC) has alleged that Impact Theory violated federal securities laws by selling investments in the form of unregistered non-fungible tokens (NFTs) under the name Founder’s Keys.
South Korean Exchanges Forced to Keep Reserves of at Least $2.3M
Reading Time: < 1 minuteThe Banking Federation of South Korea (KFB) has mandated that cryptocurrency exchanges must maintain at least $2.26 million in reserves in a bank account, starting in September 2023.
CoinSwitch Lays Off Third of Employees from its Support Team
Reading Time: < 1 minuteCoinSwitch, an India-based cryptocurrency exchange, has laid off 44 of its 126 customer service department employees.
Hong Kong Arrests Users for Laundering $15M Through Crypto
Reading Time: < 1 minuteHong Kong police have reportedly made 458 arrests in 314 money laundering cases involving approximately $60 million, of which a quarter is related to digital assets.
Robinhood Invests More Than $3 Billion in BTC
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According to Arkham Intelligence, the Robinhood Bitcoin wallet is the third largest, holding more than $3 billion worth of cryptocurrency.
Binance Launches a Solution for Institutional Clients
Reading Time: < 1 minuteBinance has launched the MirrorX OTC settlement solution.
Worldcoin Loses 44% of its Value a Month After Launch
Reading Time: < 1 minuteThe token of Worldcoin project, WLD, has seen a considerable dip of 43.6% in the 30 days respectively.
Coinbase Might Cooperate with Largest Canadian Banks
Reading Time: < 1 minuteLucas Matheson, who is in charge of Coinbase’s business expansion, has recently confirmed that his team is engaging in negotiations with the largest banks in Canada.
B2C2 Acquires Market Maker Woorton
Reading Time: < 1 minuteB2C2, a cryptocurrency over-the-counter (OTC) platform, has acquired French market maker Woorton for an undisclosed amount as it seeks to expand into the European market.
Binance Abandons Sberbank and Tinkoff Names
Reading Time: < 1 minuteBinance, which has an internal peer-to-peer platform, had replaced the Sberbank and Tinkoff card names with “green” and “yellow” respectively.
US Presidential Candidate Francis Suarez Says Will Accept Salary in BTC
Reading Time: < 1 minuteUS Republican presidential candidate and Miami Mayor Francis Suarez has declared that if he were to win the election, he would be willing to take part of his salary in Bitcoin.
1inch Deploys Protocols on Coinbase’s L2 Network Base
Reading Time: < 1 minuteOn August 24, 1inch Network developers announced the deployment of their project onto Coinbase’s second-layer solution, Base.
Coin Center Sends Comments to US Senate on Crypto Taxation
Reading Time: < 1 minuteIn response to a request from the US Senate Finance Committee, Coin Center provided proposals for the taxation of digital assets.
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