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El Salvador Issues Historic First Digital Asset License to Bitfinex Crypto Exchange – Here's What You Need to Know
12.4.2023
With the aim to further boost the crypto-friendly nation’s exposure to cryptocurrencies, El Salvador has handed its first digital asset license to Bitfinex. The latest move by the country’s regulator National Digital Asset Commission (NDAC) makes the exchange the first international digital asset...
Senator Warren and Rep. AOC Investigate Silicon Valley Bank's "White Glove" Treatment of Crypto Firms – Regulation Incoming?
12.4.2023
US Senator and well-known crypto-critic Elizabeth Warren has joined hands with Congresswoman Alexandria Ocasio-Cortez in asking for more details about Silicon Valley Bank’s (SVB) dealings with crypto companies.
The two politicians said in letters sent to some of SVB’s largest clients that they...
Billionaire Winklevoss Twins Invest $100 Million in Gemini Crypto Platform – Here's the Latest
11.4.2023
Taylor and Cameron Winklevoss, the billionaire twins behind the US-based crypto exchange Gemini, have dipped into their personal savings to support their company amidst strong headwinds.
The twins reportedly made a $100 million loan to Gemini, after the platform has endured a crypto bear market...
Hong Kong Financial Chief Pushes for Web3 Adoption Despite Market Volatility – Next Crypto Hub?
11.4.2023
The city of Hong Kong is continuing its push for Web3 and crypto adoption, despite volatility in the market and regulatory crackdowns elsewhere, Hong Kong’s Financial Secretary Paul Chan has confirmed....
Read More: Hong Kong Financial Chief Pushes for Web3 Adoption Despite Market Volatility – Next...
Russian MPs to Debate Crypto Law in Coming Weeks – Is Regulation Finally on Its Way?
11.4.2023
Russian politicians say they will debate a long-awaited crypto regulation bill before the end of the current parliamentary session.
The move is a suggestion that some parts of the crypto sector may finally move out of the regulatory grey area.
The media outlet News.ru reported that the State Duma...
Ronin to execute updates regarding slashing rules during the DPoS shift
11.4.2023
Ronin recently announced two key updates to ensure a smooth transition to the DPoS upgrade. The network will pause the Ronin bridge and update its slashing rules during the shift. The bridge will be paused to prevent unexpected issues during the sift. The pause will be brief and will be executed...
RabbitHole introduces new on-chain reputation system ETH Earned
7.4.2023
RabbitHole recently announced the release of ETH Earned, its new on-chain reputation system. The system has been introduced to reward users’ network participation. With ETH Earned, RabbitHole aims to reward users for their efforts, making participation as strong as investments. The more quests...
Interchain Foundation forwards a grant to Datachain
7.4.2023
The Interchain Foundation has once again forwarded a grant to Datachain. The first time they did this was in the month of October 2021. This simply proves the fact that the entity happens to be really appreciative of the kind of effort and value creation Datachain has carried out in the form of...
New York Finance Regulator Clarifies: Signature Bank Shutdown Unrelated to Crypto Activities – Bullish for the Industry?
6.4.2023
The idea that the closure of Signature Bank was in any way an attempt to target the crypto sector is “ludicrous,” the Superintendent of the New York Department of Financial Services (NYDFS) has said....
Read More: New York Finance Regulator Clarifies: Signature Bank Shutdown Unrelated to Crypto...
Ethereum Pioneer Unveils New Blockchain for Creatives and Artists – How Does it Work?
6.4.2023
Fabian Vogelsteller said that the goal for his LUKSO project is to become an ecosystem for creatives by "building a whole toolset and ecosystem and marketplace around NFTs using universal profile on the base." ...
Read More: Ethereum Pioneer Unveils New Blockchain for Creatives and Artists –...
LongHashX joins Manta Network as a new Ecosystem Incubation Partner
6.4.2023
Manta Network announced a partnership with LongHashX Accelerator as an Ecosystem Incubation Partner. As one of the first platforms to join Manta Network, LongHash will facilitate the adoption of zkNTFs and zkSBTs. Known for bootstrapping Web3 ecosystems, LongHash Ventures has established a distinct...
LayerZero Raises $120M in Funding to Expand Cross-Chain Messaging Efforts – Is the Bull Market Back?
5.4.2023
Blockchain development firm LayerZero Labs has raised $120 million in a Series B funding round for its interoperability protocol, valuing the firm at $3 billion.
The funding will go towards expanding the cross-chain messaging system that LayerZero Labs is working on, increased hiring, and...
Russians Spend More on Crypto than Gold, Says Central Bank – Crypto Bull Market Incoming?
5.4.2023
Russians are now spending more per household on crypto than gold and other precious metals, a Central Bank report has discovered.
The bank’s findings were compiled in a report named “A Nationwide Survey of Consumer Finance Households” (literal translation).
The report compiled a range of data...
Experts Predict Crypto Will Save Americans Billions in Remittance Fees Every Year – Here's What You Need to Know
5.4.2023
Crypto could save Americans billions of dollars in costs related to remittance payments to places like Asia and Latin America, data compiled by Coinbase shows.
According to a blog post published by Coinbase this week, Americans spend more than $12 billion a year on fees alone related...
Swiss Government-Owned Bank to Grant 2.5 Million Users Crypto Capabilities via New Partnership – Crypto Adoption on the Rise?
5.4.2023
Major Swiss bank PostFinance has partnered with digital asset services provider Sygnum Bank to offer cryptocurrency trading and storage services for its customers.
As part of the partnership, the Swiss state-owned bank will provide its 2.5 million customers access to buy, sell, and store Bitcoin...
Integration of ZKEVM into the ecosystem of TRON & Bittorrent could be a possibility
5.4.2023
Justin Sun recently took to Twitter to announce that TRON and Bittorrent are exploring the possibility of integrating zkEVM into their ecosystem. Also known as zk Ethereum Virtual Machine, the mechanism ensures that the transaction data is held privately with no threat to it in any manner. zkEVM...
DOJ Seizes $112M Linked to Cryptocurrency Investment Schemes in Multi-District Action
4.4.2023
The US Department of Justice (DOJ) has seized crypto worth more than $112 million that is linked to several crypto-related scams.
The seizure targeted six cryptocurrency accounts, and was based on warrants authorized by judges in the District of Arizona, the Central District of California, and...
European Traditional Finance Banks Join Forces for Blockchain-Based Digital Bonds Trading Platform
4.4.2023
Major European banks SEB and Crédit Agricole have launched so|bond, a new blockchain-based platform for issuing digital bonds in the traditional financial sector.
The new platform, said to be a “sustainable and open” blockchain, aims to improve efficiency and enable real-time data synchronization...
MEFLEX delivers landmark ecosystem https://me-flex.io
4.4.2023
MEFLEX is extremely pleased to be making its official announcement of having delivered its absolute landmark ecosystem. This has been designed, keeping in mind the arming of users with a unique platform for the sake of decentralized finance. Through this, the entity will be responsible...
A Sharp Rise in Bogus Russian Crypto Exchanges – How Are Fraudsters Targeting Russians?
4.4.2023
A “significant” rise in the number of fraudulent crypto exchanges targeting Russians and Russian-speaking crypto traders has been detected, a new report has found.
Per Kommersant, experts have noted a “significant increase” in the number of “small [Russian-language] crypto exchanges, some of which...