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Ripple CEO ‘Outraged’ by SEC over XRP Lawsuit – Time to Buy XRP?
17.10.2022
Ripple Labs CEO Brad Garlinghouse has recently expressed his "outrage" at the US Securities and Exchange Commission (SEC) over the regulator’s lawsuit against Ripple.
In response to a user's tweet on Saturday, Garlinghouse lashed out at the SEC for suing the company, noting that there won't be...
Hong Kong to Clarify Crypto Position During FinTech Week
17.10.2022
The authorities of China’s Hong Kong Special Administrative Region are expected to present a policy statement on the development of the city’s digital assets market at the forthcoming Hong Kong Fintech Week event. ...
Read More: Hong Kong to Clarify Crypto Position During FinTech Week
Samsung Knox Matrix upgrades consider connectivity & protection
17.10.2022
Samsung Electronics, after a prolonged period of conducting studies, have been able to develop a close understanding regarding all matters related to safety and security issues. However, this study helps them understand the usage of all devices. Additionally, they are concerned with the process...
Mango Markets $100 Million Exploiter Reveals Identity
16.10.2022
The exploiter of Solana-based DeFi lending platform Mango Markets has revealed his identity, referring to his actions as "a highly profitable trading strategy.”
Avraham Eisenberg, who calls himself a "digital art dealer," has revealed that he was behind the $100 million exploit that hit Mango...
Coinbase CEO Wants to Sell Part of Stake to Fund Science Research
16.10.2022
Coinbase CEO Brian Armstrong has announced plans to sell 2% of his stake in the cryptocurrency platform over the next year to fund scientific research.
Armstrong said on Twitter late Friday that he wants to invest in tech and science in order to solve some of the biggest issues in the world...
Binance Announces $500 Million Funding for Bitcoin Mining
15.10.2022
Binance Pool, the crypto mining services arm of cryptocurrency exchange Binance, aims to support Bitcoin miners to weather the crypto winter with a $500 million loan.
The ongoing bear market has had deep impacts on almost all industry participants, particularly miners. Amid rising fuel...
Uniswap Labs Raises $165 Million Reaching $1.66 Billion Valuation
14.10.2022
Uniswap Labs, the company behind one of the world's leading decentralized exchanges, has announced the company has raised some $165 million in Series B funding. The funding round was led by California-based Polychain Capital, with participation from longtime investors Andreessen Horowitz (a16z)...
Mastercard Looking to Make Cryptocurrencies Everyday Way to Pay
14.10.2022
Payments giant Mastercard believes crypto assets have the potential to transform the financial infrastructure, outlining five key areas that can help “turn cryptocurrencies into an everyday way to pay.”
However, to achieve this, we need to bring together the best of tech, banking, fintech,...
US Senator Hickenlooper Says SEC Crypto Regulation is ‘needed now’
14.10.2022
In a push for more regulations of the crypto industry, US Democratic Senator John Hickenlooper has called on the Securities and Exchange Commission (SEC) to intensify its work on digital asset oversight.
“I write to urge the SEC to issue regulations for digital asset securities through...
Uniswap protocol raises $165 M & unlocks rewards globally
14.10.2022
A trading platform Uniswap announced that they had received funding of $165 million in series B to enhance transparency among more users. Its vision is to provide easy access to every user of web3. Hayden Adams, CEO at Uniswap Labs, brought security and simplicity to Uniswap Labs, for which...
Crypto Custodian Copper Raises $196 Million In Latest Funding Round
13.10.2022
Advancing the company’s expansion plans, crypto custodian Copper Technologies has secured a total of $196 million under the firm’s C series financing round.
The business managed to raise some $181 million from a group of existing and new shareholders and gained access to a further $15 million...
Crypto.com Selects Paris for its European Headquarters After €150 Million Investment
13.10.2022
Major cryptocurrency exchange Crypto.com will establish its European regional headquarters in the capital city of France, Paris.
The exchange has also announced a €150 million ($145 million) investment into the country to support the establishment of a regional headquarters as well as other...
thirdweb does an upgradation on the Solana blockchain
13.10.2022
There is much palpable excitement and enthusiasm in the Solana network, as well as thirdweb. Since their formal launch, they have been busy garnering reinforcement and related assistance where their Solana blockchain is concerned. In this scenario, it becomes understandable that their sheer...
China’s Central Bank Digital Yuan Transactions Surpass $14 Billion
13.10.2022
China's digital yuan has processed over 100 billion yuan (close to $14 billion) worth of transactions so far, becoming the most widely adopted central bank digital currency (CBDC) across the globe.
The e-CNY has recorded $13.9 billion worth of transactions as of August 31, the People’s Bank...
Onomy hybrid DEX’s expansion to Shimmer’s stablecoin unlocks Web3’s growth
13.10.2022
Onomy is greatly excited and takes immense pleasure in making its formal announcement that they are in the due process of connecting its Hybrid DEX, all bridges, and its collection of stablecoins, onto the Shimmer network. However, this will, in the opinion of the team at Onomy, pave the way...
Grayscale Ramps Up Efforts Against SEC For Rejecting Bitcoin ETF
12.10.2022
Crypto asset management company Grayscale has filed the opening brief in its lawsuit against the U S. Securities and Exchange Commission (SEC), challenging the agency's decision to deny its application to convert the GBTC into a spot Bitcoin ETF.
Grayscale, which has been trying to convert...
Bittrex Crypto Exchange Fined for US Sanction Evasion
12.10.2022
The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) has imposed a fine of about $24 million on crypto exchange Bittrex which also had to sign a $29 million settlement with the department’s Financial Crimes Enforcement Network (FinCEN). The fines are related to the exchange’s...
DIFC Courts delivers Tejouri the GDV constructed on Hedera
12.10.2022
The Dubai International Financial Centre (DIFC) Courts conducted an exclusive launching exercise at GITEX Global. This was in terms of the deliverance of Tejouri and a Global Digital Vault constructed ably and effectively on the platform of Hedera. This entire launching act was with...
SEC Investigating Bored Ape NFT Creator Over Unregistered Asset Offering
12.10.2022
The U.S. Securities and Exchange Commission (SEC) has launched a probe into Yuga Labs, the entity behind the popular NFT collection Bored Ape Yacht Club, over the sale of its NFTs and digital tokens.
The regulatory agency is investigating whether some Yuga Labs NFTs are akin to stocks and should...
Binance to Invest $500 Million in Elon Musk Twitter Buyout
11.10.2022
Changpeng 'CZ' Zhao, the outspoken CEO of major exchange Binance, has announced his company is planning to allocate more than $1 billion to acquisitions and investments in 2022. Binance’s top project in this field is providing $500 million in financing for Elon Musk’s planned takeover of the social...