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Elon Musk debunks scam token claims, assures no crypto plans for X
5.8.2023
Elon Musk addressed the issue of scam tokens like $X and $TWITTER falsely claiming connections to the social media platform
Navigating the Storm: Defi’s Precarious Position Amid a String of Exploits and Market Declines
4.8.2023
In the wake of July’s unprecedented wave of decentralized finance (defi) breaches, including Curve Finance’s staggering $62 million exploit, the defi economy has plummeted into a gloomy state. Hovering perilously close to dipping beneath the $40 billion threshold, the total value...
Coinbase Urges Court to Dismiss SEC Case, Claiming Regulator ‘Overstepped’ Its Statutory Authority
4.8.2023
In a motion for judgment filed on August 4, Coinbase hit back against the SEC’s lawsuit alleging it facilitated unregistered trading of securities, arguing the agency lacks authority to regulate digital assets in this way. Coinbase Fights Back Against SEC’s Crypto Exchange Lawsuit In...
'Suspicious' Multichain Wallet Dumps $1.8M WOO Network Tokens; Price Drops 8%
4.8.2023
An Ethereum wallet funded by a beneficiary of the Multichain exploit has sold $1.8 million worth of WOO Network (WOO) tokens on Uniswap, causing the price to slump by 8%
Ukraine's Game4Ukraine Soccer Match Utilizes Metaverse for Fundraising
4.8.2023
Besides the real-world event, Game4Ukraine, a charity soccer match announced by Ukrainian President Volodymyr Zelenskyy, will also be played at a virtual stadium for the metaverse visitors - featuring exclusive perks.
The celebrity match will take place on August 5 at Chelsea’s Stamford Bridge...
Binance approves Shiba Inu as collateral asset
4.8.2023
The cryptocurrency exchange also announced the addition of 22 cryptocurrencies as loanable assets and collateral assets on its Flexible Loan and VIP Loan services
Solana Tokens or: How I Learned to Stop Worrying and Love the Points
3.8.2023
Could loyalty programs and token airdrops embiggen Solana DeFi? Danny Nelson heads to Utah to find out
GHO and FDUSD Stablecoins See Massive Supply Growth in Recent Debut
3.8.2023
In a recent turn of events, the cryptocurrency world has been introduced to two stablecoins anchored to the U.S. dollar — Aave’s gho (GHO) and First Digital’s stablecoin FDUSD. These dollar-tied tokens have rapidly gained momentum, witnessing substantial growth in market...
Huobi’s Jun Du acquires 10 million CRV tokens to support Curve
3.8.2023
Du said the existing challenges were transitory and that he believes the industry would benefit from collective support
Binance starts BTC/FDUSD and ETH/FDUSD trading pairs with zero-fees
3.8.2023
Users can trade ETH/FDUSD with zero maker fee, while the standard taker fee will apply based on the user's VIP level
Creator of Record-Breaking NFT Beeple Purchases First PFP NFT: CryptoPunk #4593
3.8.2023
Beeple, the creator of a $69 million non-fungible token (NFT), has bought his very first profile-picture (PFP) NFT - and it's from one of the world's most popular collections, CryptoPunks.
Mike Winkelmann, known as Beeple, bought CryptoPunk #4593 on Tuesday, August 1, for ETH 113.69 ($208,463)...
Elon Musk tweets and Twitter bot spam influences altcoin prices: Study
3.8.2023
The study also questioned whether FTX or Alameda had any role in coordinating Twitter bot activity for its own gain
Binance CEO CZ Explores Diversifying Stablecoin Strategy, Eyes Smaller Algorithmic Tokens
2.8.2023
During a Twitter "Ask Me Anything" (AMA) session on July 31, Binance CEO Changpeng "CZ" Zhao expressed his intention to introduce smaller algorithmic Stablecoins to the market for investors to have alternatives to the existing global Stablecoin giants.
In the session, CZ highlighted concerns...
Gamestop to Sunset Crypto Wallet Amid Regulatory Uncertainty; Advises Users to Secure Passphrase
2.8.2023
Gamestop, the American retailer known for specializing in video game sales, has announced its intention to eliminate its iOS and Chrome Extension crypto wallets on November 1, 2023. The company cited the decision as a response to the existing “regulatory uncertainty of the crypto space.” Gamestop...
Ripple CEO slams SEC over use of XRP report in lawsuit
2.8.2023
Brad Garlinghouse stressed Ripple's unchanged commitment to transparency but hinted that future reports might undergo some changes
Binance Japan to Launch With 34 Listed Cryptocurrencies
2.8.2023
Binance, which is preparing to launch its new Japanese platform in August, will offer users the opportunity to trade 34 coins, local crypto media reported. Besides major cryptocurrencies such as bitcoin and ether, Binance’s own token will also be among the listed digital assets. Binance...
FTX Unveils Reorganization Strategy, Proposing ‘Offshore Crypto Exchange’ and New Trust
1.8.2023
In the midst of the bankruptcy proceedings, FTX presented its primary reorganization strategy and term sheet to the U.S. bankruptcy court, detailing an ambitious plan to reinvent FTX as an “offshore crypto exchange” while also founding a new limited liability trust. At this time, the proposed...
IRS: Crypto Staking Rewards Taxable Once Investor Gets Hands on Tokens
31.7.2023
A cryptocurrency investor rewarded assets for validation activity on a proof-of-stake network should count the rewards as income in the year the investor gets control of those tokens, according to a ruling issued Monday by the Internal Revenue Service (IRS)
SEC Files Lawsuit Against Richard Heart and Companies Hex, Pulsechain, and Pulsex
31.7.2023
The U.S. Securities and Exchange Commission (SEC) filed a lawsuit Friday against Richard Schueler, known as Richard Heart, and his companies Hex, Pulsechain, and Pulsex, alleging they raised more than $1 billion through unregistered securities offerings. SEC Lawsuit Accuses Richard Heart of Running...
Japanese Blockchain Developer HashPort Group Raises $8.5 Million in Funding
31.7.2023
In its latest funding drive, HashPort, the Japanese blockchain developer, has garnered a whopping 1.2 billion Japanese yen (equivalent to $8.5 million).
The Series C funding round was led by major players like Sumitomo Mitsui Banking Corporation, The University of Tokyo Edge Capital Partners,...