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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....
Read More: Alex Mashinsky Wants To Resurrect Failed Crypto Lender...
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. ...
Read More: Developer Activity on Bitcoin and Ethereum Plummeted...
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
Bitcoin, Ethereum Google Searches Plunge 83% Since 2021
9.9.2022
Searches for 'bitcoin' and 'ethereum' have plummeted by as much as 83% since highs in 2021, according to Google Trends data. After reaching an all-time high of 100 in early May 2021, Ethereum-related searches have declined to 17, while for Bitcoin the decline has been 79% over the same...
Blockchain Gaming Juggernaut Hits $5.5B Valuation as Tamadoge Nears Price Increase
8.9.2022
Blockchain gaming firm, Animoca Brands, has achieved a $5.5 billion company valuation following the completion of its latest fundraising round which attracted $75.3 million from investors, including Liberty City Ventures and Kingsway Capital....
Read More: Blockchain Gaming Juggernaut Hits $5.5B...
Coinbase Offers MakerDAO 1.5% Interest on USDC held at Prime
8.9.2022
Major crypto exchange Coinbase is looking to partner with the largest decentralized lending protocol, MakerDAO. Coinbase has offered to pay MakerDAO 1.5% interest if Maker onboards its holdings of USDC to Prime, Coinbase's institutional-grade investment platform. ...
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Rug Pulls Were Rampant In August But Slightly Decreased On Previous Months - Report
8.9.2022
Rug pulls, a type of theft which occurs when owners of a crypto project flee with the funds collected from their investors, dominated Web3 world-based scams and exploits in August, with 33 out of the 44 recorded exploits deemed rug pulls and exit scams, according to a recent report released...
Zeus Finance to Integrate Chainlink Keepers, Price Feeds, and VRF
8.9.2022
Zeus Finance has announced triple integration, where it has added all three major Chainlink services to the network, making it the first DeFi protocol on the Avalanche network to do so. The integration includes the addition of Chainlink Keepers, Price Feeds, and VRF. Every service will have...