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CoinShares’ Meltem Demirors Tires of Crypto In-fighting, Sees Evolutionary Crypto Development Ahead
15.9.2022
Meltem Demirors, the chief strategy officer at publicly traded digital asset manager CoinShares, has called for the cryptocurrency industry to put its house in order and embrace regulations.
Speaking on the Chain Reaction podcast, she opined that the infighting by crypto market participants...
BNB Smart Chain Teams Up With Google Cloud to Accelerate Web3 Development
15.9.2022
BNB Smart Chain, the blockchain developed by major crypto exchange Binance, has announced a strategic partnership with Google Cloud, the cloud computing services arm of multinational tech conglomerate Google. ...
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Now US Sanctions Addresses Associated With Iranian Military - Who’s Next?
15.9.2022
The U.S. Treasury Department's Office of Foreign Assets Control (OFAC) has placed sanctions on 10 individuals and two entities affiliated with an arm of the Iranian armed forces called the Islamic Revolutionary Guard Corps (IRGC).
Per a press release, all properties fully or partially owned...
CZ Seals the Binance Love Affair With France - Says Paris is ‘Financial Hub for Crypto’ in Europe
15.9.2022
France and the leading cryptocurrency exchange Binance have continued to deepen their relationship through collaboration. Changpeng Zhao, founder and CEO of Binance, has described France's capital Paris as the financial hub of crypto in Europe. ...
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Binance Grows Fast in India as Home Market Exchanges Forced to Implement 1% Tax
15.9.2022
India’s 1% tax on crypto transactions is causing the country’s crypto traders to flee local crypto exchanges, but some major players are benefiting from this trend. For Binance, the controversial levy has generated additional 429,000 downloads of the exchange’s app last August, its highest result...
SEC Chair Gary Gensler Has a 'Flexible' Way for Tokens to Register - Is this Good News for Crypto?
15.9.2022
Gary Gensler, Chair of the Securities and Exchange Commission (SEC), is intensifying the regulator’s work on extending regulation over the crypto industry. In his latest testimony at the U.S. Senate, the official declared he has a 'flexible' way for tokens to register with the agency, but...
Top 5 Trends Shaping Crypto Mining Future: What Awaits Miners
14.9.2022
As the Ethereum blockchain awaits the Merge and its full transition to proof-of-stake (PoS), a broader discussion about miners and their future has emerged. As things stand, the Ethereum blockchain market is incredibly fragmented. The Merge is expected to usher in a new era in which validators...
US Treasury - You Are Not Breaking Sanctions by Sharing Tornado Cash Code
14.9.2022
The U.S. Treasury Department has released further clarifications on the sanction placed on the popular cryptocurrency mixer, Tornado Cash. The department stated that the sanction does not affect the rights of individuals in the U.S. to view and disseminate the open-source Tornado Cash...
InterSwap Announces the Receiving of Grant from Polygon DAO
14.9.2022
InterSwap is indeed very glad to announce obtaining a grant from Polygon DAO. This will effectively assist in bringing cross-chain swaps and the easy transference of liquidity where the ecosystem is concerned. This joining hands and resources will also, in a huge way, achieve a much enhanced...
Alex Mashinsky Wants To Resurrect Failed Crypto Lender Celsius As A Custodian
14.9.2022
The downturn triggered by the bankrupt major crypto lender Celsius (CEL) continues to roll over numerous crypto businesses worldwide, but Alex Mashinsky, the firm's CEO, reportedly aims to revive the business as a custodian....
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Fetch.ai Adds 40k Users from GMS With Further Plans of Launching a Utility Token
13.9.2022
Fetch.ai, a blockchain platform powered by machine learning and artificial intelligence, has onboarded over 40k new users from Get My Slice (GMS). GMS is a consumer-powered data marketplace that protects and allows users to monetize data generated from their social media activities. Overall...
Starbucks Odyssey Makes Big Bet that Web3 and NFTs Can Make Rewards ‘Immersive’
13.9.2022
Starbucks, the world's largest coffeehouse chain, is diving into the Web 3 and non-fungible tokens (NFTs) space with plans to launch a blockchain-facilitated loyalty program called Starbucks Odyssey. ...
Read More: Starbucks Odyssey Makes Big Bet that Web3 and NFTs Can Make Rewards ‘Immersive’
SEC Gary Gensler Crypto Speech is Probably Good News For Institutional Adoption
13.9.2022
Garry Gensler, Chair of the U.S. Securities and Exchange Commission (SEC), has established himself as a vocal critic of many segments of the crypto industry. The official’s recent speech at an event in Washington, D.C. indicates he wants the agency to cover numerous crypto industry entities with...
Three Types of Cross-Chain Infrastructures That Are Genuinely Solving the Interoperability Dilemma
12.9.2022
Currently, there are several smart contract blockchain networks, most of which have been operating in silos. DeFi natives could hardly move assets across different chains until recently; however, the debut of cross-chain solutions/bridges is gradually changing the landscape. By nature, cross-chain...
SEC Enforcement Director Gurbir Grewal Says Actions to Continue, Not Giving Crypto a Pass
12.9.2022
The Enforcement Division of the U.S. Securities and Exchange Commission (SEC) continues efforts to bring the crypto industry under securities overreach. Gurbir Grewal, the director of the enforcement division, has reiterated that the crypto industry should not expect to get a pass from...
U.S. SEC Setting up New Office to Look After Crypto Filings
12.9.2022
The U.S. Securities and Exchange Commission (SEC) is advancing its plans to establish a new office tasked with filings related to crypto assets. The agency expects the new entity will be established later this fall.
Under the plan, the new Office of Crypto Assets will be set up along with...
Juno Collaborates With Polygon
12.9.2022
Rapid on-ramps to USDC are now supported by Juno App and Juno Pay on Polygon, the ETH-based scalability solution for web3 apps. Users will have one of the greatest experiences viewing web3 on Polygon thanks to their agreement. To earn, invest, and invest both fiat money and cryptocurrency, Juno...
U.S. SEC Setting up New Office to Look After Crypto Filings
12.9.2022
The U.S. Securities and Exchange Commission (SEC) is set to create a new office to handle the review of company filings related to crypto assets. Named the Office of Crypto Assets, it will be under the SEC's Division of Corporate Finance as part of its Disclosure Review Program (DRP). ...
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Developer Activity on Bitcoin and Ethereum Plummeted in 2022
10.9.2022
Blockchain developers have slowed down their contributions to top crypto projects amid the lingering market downturn, with Bitcoin and Ethereum experiencing a decline of over 30% in developer activity over the past three months. ...
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More Defendants Named in $258 Billion Dogecoin Lawsuit against Elon Musk
9.9.2022
The class action suit filed accusing tech billionaire and CEO of Tesla, Elon Musk, of running a pyramid scheme to promote Dogecoin (DOGE) has been amended this week to include more defendants and plaintiffs. ...
Read More: More Defendants Named in $258 Billion Dogecoin Lawsuit against Elon Musk