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.
Blk DNM Introduces Intelligence Into Clothing With Blockchain, In First Use Of ‘Connected Fashion’
Reading Time: 3 minutesStockholm, Sweden, June 15th, 2023, Chainwire BLK DNM bridging the Physical and Virtual Worlds of Fashion through Blockchain Innovation Swedish-American fashion brand BLK DNM today unveils the first-ever example of […]
Parcl Expands Its Real Estate Frontier: Launches Additional Tradable Indexes for Major US Cities Including Austin, Chicago, Seattle, and Boston
Reading Time: 2 minutesNew York, New York, June 15th, 2023, Chainwire Parcl’s market expansion increases access to investors seeking exposure to real estate prices via Real World Asset (RWA) Indexes Parcl, the leading […]
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.
OKX Middle East Receives MVP Preparatory License From VARA in Dubai
Reading Time: 3 minutesDubai, United Arab Emirates, June 15th, 2023, Chainwire UAE to serve as strategic global and regional business hub, OKX to expand to 30 staff OKX, the second-largest crypto exchange by […]
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.
OKX and McLaren Racing Host Panel on Technology in Sports and Film at Tribeca Festival
Reading Time: 5 minutesNew York City, New York, June 15th, 2023, Chainwire Panelists included OKX Chief Marketing Officer Haider Rafique, McLaren Racing Chief Executive Officer Zak Brown, McLaren F1 Driver Lando Norris and […]
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.
BlockFi Will Resume Withdrawals in Summer
Reading Time: < 1 minuteBlockFi is expecting to open up the option to withdraw funds from certain client accounts in the summer once testing is completed.
USDT Issuer Tether Issues 1 Billion USDT to Support Token Exchange
Reading Time: < 1 minuteTether has recently authorized the issuance of 1 billion USDT in order to support the token exchange on various blockchains.
Nigeria Orders Binance to Suspend Service to Traders
Reading Time: < 1 minuteThe Nigerian Securities Authority has recently released a statement warning investors to stay away from Binance.
A Whale Sells $2.3M of BNB Tokens
Reading Time: < 1 minuteA whale investor has made an exchange of 10,000 BNB, valued at approximately $2.3 million, for USDT at a rate of $230 after two years of dormancy.
Highly Anticipated Chancer Crypto Presale Officially Launches Today
Reading Time: 3 minutesLondon, United Kingdom, June 13th, 2023, Chainwire Chancer, one of the most exciting new Web3 projects of 2023 has officially launched its crypto presale today, 13th June. The project aims […]
Crypto Exchange OKX Burns $258M Worth of its Native Token OKB
Reading Time: < 1 minuteOKX has destroyed 64 million of its tokens in its 20th native token buyback and burn procedure, with nearly 5.5M OKB valued at roughly $258M taken out of circulation.
Coinbase CEO Brian Armstrong Believes the US Authorities Will Legalize Crypto Market
Reading Time: < 1 minute
At the end of May, Coinbase’s CEO Brian Armstrong penned an article in which he denounced the US government’s sluggishness in legalizing the cryptocurrency market.
Bedrock Update Significantly Reduces Optimism Network Fees
Reading Time: < 1 minuteFollowing the recent Bedrock update, Optimism’s L2 transaction fees saw a sharp decrease, going from $0.57 to $0.16, according to the Dune dashboard.
BitGo Plans to Acquire Crypto Custodian Prime Trust
Reading Time: < 1 minuteCustodian BitGo has reached a preliminary agreement to purchase all 100% of the securities of Prime Core Technologies, which includes cryptocurrency custodial company Prime Trust.
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