Regional Bank Stocks Fall Led by PacWest and Western Alliance
Reading Time: < 1 minutePacWest and Western Alliance shares resumed their downward trajectory in premarket trading on Tuesday.
Hong Kong Legalizes Investments in Blockchain Projects and Cryptos
Reading Time: < 1 minuteHong Kong is determined to become a hub for the blockchain industry, competing with major cities like Singapore and London.
Ripple’s Legal Battle Against SEC Could Have Cost Company $200 Million
Reading Time: < 1 minuteThe company spent $200 million on legal costs in the ongoing lawsuit against the US Securities and Exchange Commission (SEC).
South Korean Deputy Suspected of Illegal Crypto Transactions
Reading Time: < 1 minuteSouth Korean prosecutors have reported a series of suspicious digital asset transactions allegedly carried out by opposition MP Kim Nam-kook.
Bain Capital Plans to Attract $4B for New Fund
Reading Time: < 1 minuteBain Capital is attempting to raise $4 billion for a global “special situations fund” as it seeks out investments in a wide range of asset classes, according to two people with knowledge of the matter.
Tim Draper Criticizes US Policy Towards Blockchain Industry
Reading Time: < 1 minuteVenture investor Tim Draper has recently expressed his concern about the US government’s strict policies towards digital currency businesses.
US State of Montana Introduces Bill to Protect Bitcoin Miners from Discriminatory Rates
Reading Time: < 1 minuteMontana Governor Greg Gianforte has signed Senate Bill 178, prohibiting government interference in the activities of mining companies.
US DoJ Suspects Binance of Violating Sanctions Against Russia
Reading Time: < 1 minuteThe US Department of Justice and Department of Homeland Security are jointly conducting an investigation into Binance Holdings Ltd. over possible violations of US sanctions against Russia.
Trust Wallet Adds Support for Sui Network
Reading Time: < 1 minuteCryptocurrency wallet Trust Wallet has just integrated layer 1 blockchain Sui Network.
VEXT is next for Veloce in Web3 evolution
Reading Time: 3 minutesLondon, United Kingdom, May 5th, 2023, Chainwire VEXT is next for Veloce in Web3 evolution, London-based company to launch VEXT utility and governance token. Veloce, the world’s leading digital racing media network, is […]
Solana Announces Competition for NFT Artists
Reading Time: < 1 minuteThe Solana Foundation has launched a competition for emerging digital artists, the NFT Showdown, in an effort to upgrade the quality of new NFT projects.
The SEC Abandons its Definition of Cryptocurrencies
Reading Time: < 1 minuteThe US Securities and Exchange Commission (SEC) has removed its first formal definition of “digital assets” from its hedge fund rulebook.
Deloitte Releases a Polkadot KILT Protocol Parachain for KYC
Reading Time: < 1 minuteDeloitte, one of the largest audit and consulting firms in the world, is utilizing Polkadot’s KILT Protocol parachain technology to improve its KYC/KYB processes.
Fed Raises its Rates
Reading Time: < 1 minuteThe Federal Reserve shifted to a new stage of post-pandemic economic recovery management yesterday, taking what may be the last step in its historic series of interest rate hikes.
IMF Head Recalls Risks of Introducing CBDCs
Reading Time: < 1 minuteThe Director of the International Monetary Fund has expressed worry over the readiness of many countries to transition to national digital currencies (CBDCs).
bitFlyer USA Ordered to Pay a $1.2M Fine for Violating New York State Cybersecurity Regulations
Reading Time: < 1 minuteThe NYDFS has imposed a fine of $1.2 million on cryptocurrency exchange bitFlyer USA for not complying with New York state cybersecurity regulations.
Crypto Venture Firm Credably Neutral Attracts $5.5M
Reading Time: < 1 minuteViktor Bunin and Lisa Cuesta Bunin, the creators of Credably Neutral, a new Web3-focused investment company, have recently received $5.5 million in funding.
Symmetry Launches Revolutionary Platform for Decentralized Crypto Indices and Actively Managed Funds on Solana
Reading Time: 2 minutesParis, France, May 3rd, 2023, Chainwire Today marks a groundbreaking step for decentralized finance (DeFi) on the Solana blockchain as Symmetry launches its highly anticipated User Interface at https://app.symmetry.fi/. The […]
Florida Governor Wants to Ban CBDCs
Reading Time: < 1 minuteFlorida Gov. Ron DeSantis has taken a firm stance against the idea of a central bank digital currency (CBDC), vowing to ban it in his jurisdiction.
Coinjar to Expand to US
Reading Time: < 1 minuteCoinjar, an Australian crypto exchange, is looking to expand into the United States despite the current market’s regulatory risks.
Blur and Paradigm Roll Out an NFT Lending Protocol
Reading Time: < 1 minuteThe Blur platform has recently introduced the Blend landing protocol for non-fungible tokens (NFTs).
zkLink Announces First “Dunkirk Test” to Establish New DeFi Safety Standard
Reading Time: 2 minutesSingapore, Singapore, May 3rd, 2023, Chainwire zkLink, a multi-chain trading middleware utilizing zero-knowledge proofs, announces the first “Dunkirk Test”, a new DeFi safety standard, on May 11-13. During this event, […]
Cosmos-Based Defi Protocol Nolus Raises 2.5M to Build the First Cross-Chain Defi Lease
Reading Time: 2 minutesGeorge Town, BVI, May 2nd, 2023, Chainwire The Nolus DeFi Lease provides up to 150% financing on the initial investment with a lowered margin call risk and access to the […]
TRON DAO Team Leaves Consensus 2023 with Crypto Expectations High
Reading Time: 3 minutesGeneva, Switzerland, May 2nd, 2023, Chainwire The TRON DAO team was in full force at Consensus 2023 in Austin, TX from April 26 to 28, 2023. TRON was a “5 […]
US Authorities May Close Another Bank Serving Crypto Companies
Reading Time: < 1 minuteCross River Bank is listed as one of the lending institutions that serve crypto companies, such as Coinbase and Circle, the issuer of USDC.
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