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Defining Oracles: Enablers of the Decentralized Finance World
13.9.2023
Oracles are entities that enable various functions in blockchain structures by providing access to legacy or offchain information systems, acting as data ports for decentralized finance applications. These oracles act as information providers for tasks that require either the posting of data...
Coinbase Cloud and Kiln ‘Unlock’ Native Ethereum Staking: No More 32 ETH Minimum
12.9.2023
Coinbase Cloud and blockchain infrastructure company Kiln are now allowing ethereum (ETH) users to stake any amount of ether natively. The new offering removes the previous 32 ETH minimum staking requirement. Staking for All: Coinbase Cloud and Kiln Break Down Minimum Barriers With the integration...
Metamask Wallet Users Can Now Cash Out Crypto to Fiat
8.9.2023
The popular Ethereum wallet Metamask has introduced a new feature allowing users to convert crypto to major fiat currencies. The “Sell” option currently supports cashing out ether (ETH) and is available to users in the U.S., the United Kingdom, and some European markets. New Feature...
Singapore regulatory sandbox lacks qualified crypto payment providers
8.9.2023
The MAS has said that rising malware scam cases in Singapore have nothing to do with cryptocurrencies. On the contrary, it claimed, such scams are more prevalent in the fiat economy
ECB Official Shares Digital Euro Progress, Concerns Over Paypal’s Stablecoin
7.9.2023
European Central Bank (ECB) executive board member Fabio Panetta has warned about stablecoins issued by private providers, such as Paypal. He also provided an update on the progress of the digital euro. “At the ECB, our investigation phase is now in its final stage, preparing the ground...
Major Ethereum Staking Providers Promise Not to Own More Than 22% of Validators
1.9.2023
In an effort to maintain the decentralized nature of the Ethereum (ETH) network, several prominent liquid staking providers have implemented or are in the process of implementing a self-limit rule.
The rule ensures that these providers will not own more than 22% of the Ethereum staking market...
1xBit (Happy Gambling): Sign Up and Bet With Cryptocurrency
23.8.2023
1XBIT Casino is one of the leading Bitcoin Sportsbook and Online Casino websites. The casino is a crypto-exclusive online casino and powered by leading software providers in the industry. The Casino supports almost 21 different cryptocurrencies and offers a wide … Continued
The post 1xBit...
Kenyan Residents Asked to Participate in a ‘Public Survey on Virtual Assets’
18.8.2023
Kenya residents who wish to shape their country’s policy towards the crypto ecosystem can now do so by participating in a public survey on virtual assets and virtual assets service providers, the Financial Reporting Centre (FRC) has said. The FRC says the public’s feedback “will...
French Regulator Revises Crypto Rules to Align With EU’s MiCA Law
13.8.2023
France’s financial market regulator said it’s adjusting the rules for crypto companies in line with Europe’s new regulatory framework. The changes, which will enter into force next year, seek to enhance registration requirements for businesses offering certain services for digital assets like...
Fireblocks Discloses Bitforge Vulnerabilities Affecting Dozens of Wallet Providers
12.8.2023
Fireblocks, a digital assets security company, has disclosed vulnerabilities affecting several cryptocurrency wallets, collectively named “Bitforge.” Through these vulnerabilities, criminals could steal millions in cryptocurrency without having direct contact with the owners of...
Base mainnet is now live with 100+ dApps and service providers
10.8.2023
Base recently announced the official release of its mainnet for everyone. Now, users can access over 100+ service providers and dApps on Base. Besides this, the mainnet is also offering integrations throughout the Coinbase ecosystem. According to Base, any user can enjoy dApps on Base with quick...
Hong Kong Securities Regulator Warns Unlicensed Crypto Exchanges
10.8.2023
The Securities and Futures Commission (SFC) of Hong Kong has issued a warning to unlicensed providers of crypto trading services. Concerned about their engagement in “improper practices,” the regulator also said investors should be aware that some of these platforms may never actually apply for...
Fireblocks discloses massive vulnerability affecting crypto wallets
10.8.2023
Fireblocks said the vulnerabilities affecting Coinbase, Binance, and Zengo have since been fixed and has reached out to more than 12 others still at risk
Top 5 South Korean Crypto Exchanges Reveal Compliance Strategies to Curb Illicit Activities
28.7.2023
According to a statement published by the South Korean Financial Services Commission (FSC), the entity’s Korea Financial Intelligence Unit held a meeting with virtual asset service providers (VASPs) in order to strengthen regulatory compliance. The top five South Korean cryptocurrency...
Binance Introduces FDUSD Listing Amid Stablecoin Market Decline, Faces Initial ‘Technical’ Setback
26.7.2023
As the stablecoin market economy witnessed a loss exceeding $3 billion within a 40-day span, several fresh stablecoin endeavors are emerging. Binance, the globe’s leading exchange by trade volume, unveiled three new trading pairs attached to a stablecoin labeled first digital usd (FDUSD)...
Federal Reserve Launches Fednow for Instant Payments — JPMorgan, Wells Fargo, and 33 Banks Onboard
21.7.2023
The Federal Reserve has launched its Fednow Service for instant payments with 35 participating banks and credit unions, as well as 16 service providers. “The Federal Reserve is committed to working with the more than 9,000 banks and credit unions across the country to support the widespread...
European regulator releases consultative paper on MiCA standards for crypto asset service providers
12.7.2023
The European Securities and Markets Authority will release three consultations as it fulfills its mandate under MiCA regulations
10 tips for blockchain-based data providers seeking to scale
11.7.2023
Blockchain-based data providers are faced with a golden opportunity — if they’re able to scale their infrastructure to handle the demand
Dubai Regulator Suspends Crypto Exchange BitOasis' Conditional License
11.7.2023
BitOasis said it's working closely with the Virtual Assets Regulatory Authority to fulfil the conditions
Namibia Passes Bill for Licensing and Regulating Virtual Asset Service Providers
7.7.2023
Namibia’s National Assembly has adopted a bill to regulate digital assets, cryptocurrencies, and digital asset service providers in the country.
The Virtual Asset Bill, introduced by the Minister of Finance and Public Enterprises, Ipumbu Shiimi, passed the parliament's lower house in June, aiming...