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Jack Dorsey-led Block posts $1.5B in Q2 profits, BTC revenue down
5.8.2022
Block Inc. posted $1.47B worth of profit in Q2 but BTC trading services profit only accounted for $41 million of that figure, with the firm citing price volatility and a lack of consumer demand
Solana’s Investigation Indicates Wallet Exploit Tied to Slope Mobile App
4.8.2022
Following the Solana wallet attack, the Solana Status team updated the public and detailed that the wallet addresses affected by the breach were tied to Slope mobile wallet applications. The team further stressed that “there is no evidence the Solana protocol or its cryptography...
The Nintendo Switch Features Most People Forget About
3.8.2022
The PlayStation 5’s Accolades feature has allowed users to offer awards to fellow players in multiplayer games, the idea being it’d help foment kindness and camaraderie in the gaming community. But Sony formally retired it from PS5 this week for one reason: No one used it. Most people (hi) didn’t...
US Lawmaker Demands Answers From Apple and Google on Measures Against Fake Crypto Apps
30.7.2022
A U.S. lawmaker has demanded answers from Apple CEO Tim Cook and Google CEO Sundar Pichai about their measures against fake cryptocurrency apps appearing in the Apple App Store and the Google Play store. “Millions of Americans use mobile apps to invest in unregulated digital assets,”...
Fed Board, FDIC Order Voyager Digital to Retract Federal Deposit Insurance Claims
29.7.2022
Following Voyager Digital’s application for bankruptcy protection during the first week of July, Federal Deposit Insurance Corporation (FDIC) and the Federal Reserve Board today issued a joint letter to the company demanding a cease and desist against Voyager’s FDIC claims....
Health and Fitness App Sweat Economy Raises $13M in Private Token Sale to Move to Web3
28.7.2022
The company is teaming with NEAR Protocol to support the move
ROLA Brings You the Best Predict-to-Earn Ecosystem
28.7.2022
PRESS RELEASE. ROLA, a community-driven platform for the crypto industry, allows users to participate in AI-based predictions on all market aspects while leveraging real-time market insights on top of professional analysts’ knowledge. The ROLA app enables users to consume market insights...
XRPayNet – Redefining the Industry Standard for Financial Transactions
27.7.2022
PRESS RELEASE. XRPayNet has been making major progress in the DeFi space this year. Their recent launch of a versatile mobile application has allowed users to trade with freedom. The app tautes the flexibility to trade with 90,000 trading pairs available for use. This vast expansion of technology...
Study Findings: Crypto Investors More Attractive and Smarter, NFT Profiles Unattractive
27.7.2022
Cryptocurrency investors are perceived to be more attractive, smarter, and wealthier than non-investors, the latest survey by Cryptovantage has found. Just over three-quarters of respondents said they are likely to go on a date with someone if their dating app profile mentions crypto. However, some...
Chinese Steam Users Get Around National Porn Ban With Wallpaper App
27.7.2022
A wallpaper app is the tenth most-played game on Steam right now for one very good reason: Chinese players have been using it to distribute porn. Porn has been illegal in China since 1997, but the gray regulatory status of Steam has allowed Wallpaper Engine users to share uncensored content.Read...
FBI Warns of Fake Crypto Apps — 244 Investors Defrauded, $42.7 Million Lost
20.7.2022
The Federal Bureau of Investigation (FBI) has issued a warning about fake cryptocurrency apps defrauding investors. “The FBI has identified 244 victims and estimates the approximate loss associated with this activity to be $42.7 million,” said the U.S. law enforcement agency....
Fedi to Build Privacy-Focused Bitcoin Mobile App on Fedimint Protocol
19.7.2022
The funds from a $4.2M seed round will be used to develop the Fedi mobile app built on top of Fedimint, a Bitcoin “community custody” protocol
Aave taps Pocket Network to beef up decentralized app development
19.7.2022
Aave will leverage Pocket's distributed network of 44,000 nodes to access on-chain data from various blockchains
Dubai Regulator Grants Crypto Trading App OKX License to Extend Services in the UAE
19.7.2022
The Seychelles-based crypto trading app, OKX, recently became the latest virtual assets service provider to be granted a provisional licence to provide its services in the United Arab Emirates (UAE). The provisional licence allows OKX to extend certain exchange products and services...
FBI issues public warning over fake crypto apps
19.7.2022
Fake crypto apps appear to be part of an ongoing game of whack-a-mole with app store operators
Hyosung America makes Bitcoin purchasing app available to 175,000 ATMs
14.7.2022
It will be up to the specific ATM operator to decide whether they want to incorporate the service making it unlikely all 175,000 of Hyosung’s ATMs will actually support BTC buying
Picpay to Offer Cryptocurrency Services in Brazil to More Than 60 Million Customers
12.7.2022
Picpay, one of the most popular payments fintech companies in Brazil, has announced that it will start including cryptocurrency services in its app. The company explained that these services will include the possibility of purchasing crypto and processing payments with crypto directly. Picpay...
Solflare to let users manage Solana CeFi and DeFi accounts in one app with FTX integration
7.7.2022
Transfer between custodied and non-custodied accounts can now take place within the Solflare wallet
Exploit Forces Crema Finance to Temporarily Suspend Services, $8.7 Million Stolen
3.7.2022
According to the decentralized finance (defi) protocol Crema Finance, the application was hacked on July 2, 2022. A Twitter account called “Solanafm” says the defi protocol lost around $8.7 million from the attack. Crema Finance Vulnerability Causes Defi App to Lose Millions —...
Crypto Exchange Coincoinx to Launch Crypto to Fiat Payments App in Venezuela
2.7.2022
Coincoinx, a cryptocurrency exchange, will reportedly launch a service that will allow users to skip trading crypto for fiat to make payments in Venezuela. The service, which is called Coinpago, will allow users to make payments in every store and retailer in the country that accepts Pagomovil,...