Search
South Korean Regulator Rules NFTs Are Not Subject to Crypto Law
11.12.2023
Source: TSViPhoto/Adobe South Korean financial regulators have said NFTs are not subject to the same rules as cryptoassets, a ruling that may buoy token issuers and blockchain gaming firms. Per News1, the Financial Services Commission (FSC), the nation’s top regulator, stated that “following...
Bitcoin Price Briefly Drops Below $41,000 Amid Broader Market Correction
11.12.2023
Source: DALL·E Bitcoin price has just dropped below $41,000 briefly, undoing almost a week’s gains before a bounce back. Other major cryptocurrencies including Ethereum, Ripple (XRP), Solana (SOL), and Cardano (ADA) were also down over 5%. According to TradingView, the price of Bitcoin made a sharp...
‘All Russians’ Will Be Able to Use Digital Ruble in 2024 – Moscow
11.12.2023
Source: petert2/Adobe The Russian government wants to fast-track the launch of the digital ruble – and now claims that all citizens will be able to use the CBDC in 2024. The Central Bank has previously claimed that Russians may have to wait until 2027 for a full nationwide rollout. But in recent...
NFT Game ‘Champions Ascension’ Teams Up with Amazon Prime for Exclusive Rewards
9.12.2023
Image Source: Pixabay Champions Ascension, an action-packed combat-oriented role-playing game, has joined forces with Amazon Prime to provide exclusive in-game rewards for subscribers. Starting from Friday, Amazon Prime Gaming is offering its members a chance to claim 100 in-game gold and a loot...
Solana NFTs Eclipse Ethereum in Trading Volume Amid Surge
9.12.2023
Source: AdobeStock / Aleksandra Sova Solana (SOL) continues to experience upward momentum, with its non-fungible tokens (NFTs) witnessing considerably higher trading volume, surpassing even that of Ethereum. Projects like Mad Lads and Tensorians have seen significant price increases, multiplying...
Michael Saylor’s 2BNs, Adam Back’s 700Ks, Jamie Dimon’s No-to-BTCs and 20 Crypto Jokes
9.12.2023
Source: coin.bureau / Instagram This is your weekly digest of top crypto news from Cryptonews.com, followed by a collection of 20 hand-picked crypto jokes. __________ This crypto week in the crypto world: the super-majority of bitcoin holders were back in profit, a Glassnode analyst expected...
StarkNet Foundation Set to Allocate 1.8B STRK Tokens for User Rebates and Provisons’ Committee
9.12.2023
Source: Starknet The Starknet Foundation has unveiled plans to distribute 1.8 billion STRK token rewards and rebates to drive the adoption and growth of the Starknet blockchain. While specific distribution plan details are not provided, the Foundation intends to involve various committees...
Liz Warren Claims North Korea Funds Half Of Its Nuclear Weapons Program With Crypto – Is It True?
9.12.2023
Source: YouTube/Senator Elizabeth Warren Scathing crypto critic Elizabeth Warren (D-MA) is continuing to sound the alarm on Bitcoin’s role in terrorist financing – though industry figureheads think her claims may once again be exaggerated. In an interview with CNBC’s Squawk Box on Thursday,...
Thirdweb Begins Mitigation of Vulnerability Affecting Thousands of Smart Contracts
8.12.2023
Thirdweb, a Web3 development framework provider, has announced that it has started mitigating a vulnerability that could potentially affect thousands of smart contracts across several networks. The vulnerability, uncovered in November, impacts various pre-built smart contracts that the framework...
Kazakhstan Financial Regulator Barred 980 Crypto Firms For Non-Registration
8.12.2023
Source: Iliya Mitskavets/Adobe The Financial Monitoring Agency (FMA) blocked 980 digital asset exchanges for offering trading services to users in Kazakhstan without the required regulatory nod. In a Dec 7 press release, the financial regulator revealed that it barred almost 1,000 crypto trading...
Invest in Bitcoin, Get Residency: El Salvador’s Unique ‘Freedom VISA’
8.12.2023
El Salvador Bitcoin. Source: RawBeautyPixels/Adobe El Salvador has a new, “once in five hundred years” offer for international crypto whales: donate your BTC to the government, and you’ll earn long-term citizenship in Bitcoin country. As announced by Tether on Thursday, the “Adopting...
Exclusive: Crypto Gaming Platform Portal Taps Top Hollywood Agency WME
8.12.2023
Source: AdobeStock / AhmadSoleh Web3 gaming platform Portal has signed with the top Hollywood-based talent agency WME to enhance distribution in the gaming sector. Portal will be represented by WME across various entertainment sectors, the firm revealed exclusively to CryptoNews. WME manages...
“Magic: The Gathering” Cards Used in Possible Cashout by Uranium Finance Hacker
8.12.2023
Source: Pixabay A hacker who targeted the Uranium Finance DeFi platform in 2021 may have attempted to launder their stolen crypto gains by using “Magic: The Gathering” trading cards. Pseudonymous blockchain sleuth ZachXBT posted an X thread on Thursday which detailed a series of moves...
Political Movement The Other Party Reveals Plan for Blockchain-based Democracy in the UK
8.12.2023
Source: Pixabay The Other Party debuted in the UK today with a commitment to decentralize power and restore it to the public using blockchain technology. According to a statement published on its website, The Other Party aims to shake up conventional centralized political systems, fostering a more...
NFT Trading Volume Surges 125%, Nears $1B in November: DappRadar Report
8.12.2023
Source: AdobeStock Digital collectibles or non-fungible tokens (NFTs) are currently experiencing a resurgence despite the ongoing bullish momentum in the broader crypto market. Capturing this shift, DappRadar’s November industry report revealed that the NFT ecosystem has sustained a positive...
US States Collaborate to Drive Blockchain and Cryptocurrency Adoption
8.12.2023
Source: AdobeStock While United States federal policymakers look to implement cryptocurrency and blockchain regulations, state-led organizations are taking initiatives to ensure that policy focused on cryptocurrency and blockchain adoption pass within the U.S. This is important to consider given...
Top Miners Spend $1.2 Billion In Pre-Halving Machine Shopping Spree + More News
8.12.2023
Source: AdobeStock / arinahabich Get your daily, bite-sized digest of crypto and blockchain-related news – investigating the stories flying under the radar of today’s news. In this edition: Top Miners Spend $1.2 Billion In Pre-Halving Shopping Spree UK Crypto Market Grew 137% in a Year, Surpassing...
Jito Launches Airdrop of $225 Million in Tokens to Solana Community
8.12.2023
Source: screenshot from Jito.Network Solana-based decentralized finance (DeFi) platform Jito has launched its much-anticipated airdrop, distributing approximately $225 million worth of tokens to Solana users globally. The airdrop, which commenced on Thursday this week at 11 am EST (4 pm UTC)...
Sam Altman-Affiliated Meanwhile Group Introduces Bitcoin Private Credit Fund – Institutional Investment Rising?
8.12.2023
Source: AdobeStock / jirsak Bitcoin life insurance innovator Meanwhile Group, backed by notable figures like Sam Altman and Gradient Ventures, has unveiled a new private credit fund denominated in Bitcoin. The closed fund aims to provide investors with a “conservative” yield in Bitcoin...
US Lawmakers Introduce Bipartisan Anti-Crypto Terror Finance Bill in Senate
8.12.2023
Source: AdobeStock A group of bipartisan United States lawmakers have introduced a bill to the Senate aimed at preventing terror organizations and their financial enablers from accessing financial aid in fiat and digital assets in the country. Billed to be cited as The Terrorist Financing...