NewsRussia has enacted a new crypto law that increases state authority over digital assets. The law, signed by President Vladimir Putin, outlines state oversight of cryptocurrency mining activities and related infrastructure in detail. The Russian government now has the authority to shut down mining pools at any time, and certain agencies have been authorized to monitor transactions linked to money laundering or terrorism financing.Coinbase has entered a sponsorship partnership with the Golden State Warriors NBA team. As part of the deal, the crypto broker's branding will be prominently displayed at the Warriors' Chase Center and on the team’s limited-edition merchandise. Additionally, Dub Nation will be made available on-chain for Warriors fans, offering various marketing opportunities.Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true" image_height="200px" date_spacing="0px" date_icon_size="0px" date_icon_color="RGBA(255,255,255,0)" excerpt_spacing_top="0px" author_spacing="0px" author_icon_size="0px" author_icon_color="#ffffff" column_gap_x="30px" column_gap_y="0px" show_avatar="off" thumb_size="medium" content_length="120" overlay_icon_color="RGBA(255,255,255,0)" post_bg_color="RGBA(255,255,255,0)" content_bg_color="RGBA(255,255,255,0)" column_count_tablet="2" column_count_phone="1" column_count_last_edited="on|desktop" module_class="remove-pagination" _builder_version="4.24.0" _module_preset="default" title_level="h5" title_text_align="left" title_font_size="16px" title_line_height="28px" excerpt_text_color="rgba(255,255,255,0.4)" excerpt_font_size="12px" excerpt_line_height="24px" author_font="|600|||||||" author_font_size="12px" author_line_height="20px" date_font="|600|||||||" date_text_color="#ffffff" date_font_size="12px"...

NewsThe stablecoin project, Essence Finance, part of the Scroll ecosystem, appears to have collapsed. It is suspected to be a rugpull, as its stablecoin, CHI, has fallen by over 92% to $0.077 in the past 24 hours. The loss of peg is due to the removal of over $20 million in collateral backing the token.Tether's CEO, Paolo Ardoino, denied reports claiming that U.S. authorities had initiated a criminal investigation against Tether. The news, reported by the WSJ based on a source familiar with the matter, turned out to be more speculation than fact. Tether maintains well-documented and extensive cooperation with law enforcement to prevent illicit activities.Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true" image_height="200px" date_spacing="0px" date_icon_size="0px" date_icon_color="RGBA(255,255,255,0)" excerpt_spacing_top="0px" author_spacing="0px" author_icon_size="0px" author_icon_color="#ffffff" column_gap_x="30px" column_gap_y="0px" show_avatar="off" thumb_size="medium" content_length="120" overlay_icon_color="RGBA(255,255,255,0)" post_bg_color="RGBA(255,255,255,0)" content_bg_color="RGBA(255,255,255,0)" column_count_tablet="2" column_count_phone="1" column_count_last_edited="on|desktop" module_class="remove-pagination" _builder_version="4.24.0" _module_preset="default" title_level="h5" title_text_align="left" title_font_size="16px" title_line_height="28px" excerpt_text_color="rgba(255,255,255,0.4)" excerpt_font_size="12px" excerpt_line_height="24px" author_font="|600|||||||" author_font_size="12px" author_line_height="20px" date_font="|600|||||||" date_text_color="#ffffff" date_font_size="12px" date_line_height="20px" custom_margin="10px||||false|false" border_color_all_post="RGBA(255,255,255,0)"...

NewsA filing with the U.S. Securities and Exchange Commission (SEC) reveals that Microsoft is considering investing in bitcoin. The proposal has been included as a “voting item” for its upcoming shareholder meeting on December 10. However, the board of directors has recommended voting against the proposal.According to on-chain tracking by Arkham Intelligence, approximately $20 million worth of crypto assets have been stolen from wallets belonging to the U.S. government. The unusual activity began on Thursday, when assets that had been inactive for months were withdrawn from the Aave decentralized lending platform. These assets had been seized in criminal cases linked to Bitfinex hackers. The hacker has already started laundering the funds.Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true" image_height="200px" date_spacing="0px" date_icon_size="0px" date_icon_color="RGBA(255,255,255,0)" excerpt_spacing_top="0px" author_spacing="0px" author_icon_size="0px" author_icon_color="#ffffff" column_gap_x="30px" column_gap_y="0px" show_avatar="off" thumb_size="medium" content_length="120" overlay_icon_color="RGBA(255,255,255,0)" post_bg_color="RGBA(255,255,255,0)" content_bg_color="RGBA(255,255,255,0)" column_count_tablet="2" column_count_phone="1" column_count_last_edited="on|desktop" module_class="remove-pagination" _builder_version="4.24.0" _module_preset="default" title_level="h5" title_text_align="left" title_font_size="16px" title_line_height="28px" excerpt_text_color="rgba(255,255,255,0.4)" excerpt_font_size="12px" excerpt_line_height="24px" author_font="|600|||||||" author_font_size="12px" author_line_height="20px" date_font="|600|||||||" date_text_color="#ffffff" date_font_size="12px" date_line_height="20px"...

NewsBase, the Ethereum layer-2 network incubated by Coinbase, has announced that by the end of the month, it will introduce permissionless fault proofs to decentralize the network and eliminate single-party control. Launched last year, Base has since become the largest layer-2 rollup on Ethereum by total value locked and is part of the Superchain ecosystem.Luxembourg-based digital asset marketplace STOKR plans to create one of the EU’s first corporate bitcoin treasuries. Following a recent $7.98 million funding round, a significant portion of the funds will be used to establish this bitcoin treasury, following the strategy of MicroStrategy. The company aims to introduce new bitcoin-based tokenized assets and build infrastructure to streamline institutional tokenization using native bitcoin Layer 2 technologies.Crypto broker Kraken plans to launch its own layer-2 blockchain, named "Ink," in the first quarter of 2025. Built using the OP Stack, Ink will be part of the broader Ethereum ecosystem under the Superchain, offering users access to DeFi applications, including trading, lending, and borrowing services.GnosisDAO has announced the launch of a $40 million venture fund to support early-stage projects. The GnosisVC fund will primarily focus on real-world assets, crypto infrastructure, and payment solutions. Partly governed by GNO token holders, the fund has already made preliminary investments in platforms like Monerium, the developer of EURE fiat infrastructure, and Naptha AI, a decentralized AI startup.Web3 infrastructure provider Ankr has integrated with The Open Network (TON), offering developers a gateway to build on the TON blockchain. The development of mini-apps and mini-games for Telegram using TON has gained popularity in recent months. This integration will allow developers to create dApps that unlock access to Telegram's 950 million-strong user base.Related categories RecommendedYou may also be...

NewsMagic Eden, the Solana-based NFT marketplace, has added BeraChain and ApeChain to its list of supported blockchains. The platform aims to support a total of 10 networks by the end of the year, with the layer-1 Monad likely being next in line.Layer-2 project Scroll has released its long-awaited native governance token, with the project's initial valuation barely exceeding $200 million. The launch was not without issues, as the project faced significant criticism over its token distribution, particularly the decision to allocate 5.5% of the supply to Binance’s launchpool users.The Nigerian government has dropped money laundering charges against Tigran Gambaryan, a senior executive at Binance, who had been detained in the country since February. Reports indicate that the criminal proceedings against Binance will continue, including additional charges of tax evasion. Since Gambaryan was transferred to Kuje prison in March, his physical and mental health has deteriorated rapidly. He developed a herniated disc, pneumonia, malaria, and tonsillitis, while being denied medical care.The Vietnamese government has identified blockchain as a key technological trend and is committed to making the country a leading regional center for blockchain innovation by 2030. They view it as one of the major achievements of the Fourth Industrial Revolution and plan to create 20 blockchain brands with regional influence in the coming years.The decentralized finance platform Uniswap has announced the launch of its bridging feature, enabling asset transfers across nine networks. With the Uniswap Interface and Uniswap Wallet, users can now directly bridge assets between Ethereum, Base, Arbitrum, Polygon, Zora, Blast, OP Mainnet, World Chain, and ZKsync. This feature is powered by the Across protocol.Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC"...

NewsMakerDAO, the decentralized autonomous organization that rebranded itself as Sky this September, is now considering further rebranding efforts. The rebrand included the option to exchange MakerDAO’s MKR governance token for SKY tokens at a 1:24,000 ratio, which did not go smoothly. Many community members expressed concerns about the utility of the SKY token, leading many to retain their MKR tokens. The project is holding a community meeting this Friday, where they may consider reverting to the original brand identity.Komainu, the crypto custodian backed by Nomura, announced plans to acquire the Singapore-based custodian Propine Holdings Pte Ltd, pending regulatory approval. The company hopes this acquisition will strengthen its presence in Singapore by complying with the highest regulatory standards, meeting the growing demand for secure and reliable custody solutions.BitFuFu, the world’s leading cloud-based bitcoin mining company affiliated with Bitmain, has announced a definitive agreement to purchase an 80-megawatt bitcoin mining facility in Ethiopia. Once the transaction is completed, BitFuFu’s total hosting capacity will exceed 600 megawatts. Most of BitFuFu’s mining infrastructure is currently located in the United States, and the new facility will account for approximately 13% of its operational capacity.The Ras Al Khaimah (RAK) region in the United Arab Emirates has announced the launch of a regulatory framework for decentralized autonomous organizations (DAOs). The regulation, called the DAO Association Regime (DARe), will be enforced in the RAK Digital Assets Oasis free zone. The framework will allow DAOs to open bank accounts and own both on-chain and off-chain assets.Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true"...

NewsThe payment service provider Stripe has acquired the stablecoin platform Bridge for $1.1 billion, marking the largest acquisition in the history of the crypto industry. With this acquisition, Stripe expands its crypto payment capabilities, as Bridge provides the infrastructure for businesses to accept payments in stablecoins.The U.S.-based fiat-to-crypto payment provider Transak announced in a post that it had been targeted by a phishing attack. The data breach affected 1.14% of its users. The company collaborates with platforms such as MetaMask, Trust Wallet, Coinbase, Ledger, and other blockchain platforms.MetaMask is integrating with the digital identity platform Space ID to simplify asset transfers and wallet access for users. This integration will allow users to replace all their public wallet addresses with a single, secure, and customizable name when making transactions in MetaMask.The British asset manager Legal & General, specializing in insurance, pensions, and asset management, is actively exploring how to tokenize its funds using blockchain technology. With £1.14 trillion ($1.5 trillion) in assets under management, the company's investment arm, one of the largest in the world, aims to follow in the footsteps of global giants like BlackRock and Franklin Templeton. This move aligns with a report from the Bank for International Settlements (BIS), which highlights the benefits of tokenization, including lower transaction costs and faster processing times.Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true" image_height="200px" date_spacing="0px" date_icon_size="0px" date_icon_color="RGBA(255,255,255,0)" excerpt_spacing_top="0px" author_spacing="0px" author_icon_size="0px" author_icon_color="#ffffff" column_gap_x="30px"...

NewsSingapore’s largest bank, DBS, has introduced a new blockchain-based service offering, DBS Token Services, aimed at institutional clients. The service is designed to enhance liquidity management and streamline operations. It integrates with the bank's EVM-compatible blockchain, its core payment system, and several industry payment infrastructures.The team behind Solana's memecoin platform, Pump.Fun, has announced plans for a future token launch, along with the introduction of Pump Advanced, a trading terminal with more advanced features. Pump Advanced will include charts, statistics on the largest holders, filters, and other functionalities. For the first 30 days after launch, there will be a 0% fee for using the platform.Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true" image_height="200px" date_spacing="0px" date_icon_size="0px" date_icon_color="RGBA(255,255,255,0)" excerpt_spacing_top="0px" author_spacing="0px" author_icon_size="0px" author_icon_color="#ffffff" column_gap_x="30px" column_gap_y="0px" show_avatar="off" thumb_size="medium" content_length="120" overlay_icon_color="RGBA(255,255,255,0)" post_bg_color="RGBA(255,255,255,0)" content_bg_color="RGBA(255,255,255,0)" column_count_tablet="2" column_count_phone="1" column_count_last_edited="on|desktop" module_class="remove-pagination" _builder_version="4.24.0" _module_preset="default" title_level="h5" title_text_align="left" title_font_size="16px" title_line_height="28px" excerpt_text_color="rgba(255,255,255,0.4)" excerpt_font_size="12px" excerpt_line_height="24px" author_font="|600|||||||" author_font_size="12px" author_line_height="20px" date_font="|600|||||||" date_text_color="#ffffff" date_font_size="12px" date_line_height="20px" custom_margin="10px||||false|false"...

NewsThe U.S. Securities and Exchange Commission (SEC) has fast-tracked the approval of multiple Bitcoin ETF options for trading on the New York Stock Exchange (NYSE) and the Chicago Board Options Exchange (Cboe). These include the Fidelity Wise Origin Bitcoin Fund, ARK21Shares Bitcoin ETF, Invesco Galaxy Bitcoin ETF, Franklin Bitcoin ETF, VanEck Bitcoin Trust, WisdomTree Bitcoin Fund, Grayscale Bitcoin Trust BTC, Bitwise Bitcoin ETF, and Valkyrie Bitcoin Fund. The SEC had first approved the listing of options for the iShares Bitcoin Trust on Nasdaq in September.The team behind the ethOS operating system, Freedom Factory, has unveiled a new mobile device, the dGEN1, specifically designed for on-chain interactions with Ethereum dapps. The device is built on ethOS, a fork of the Android operating system, and features an integrated ethOS browser and wallet that supports IPFS and .eth domains, a transaction notification screen, and a native Nimbus light client for verifying user data without relying on third-party RPCs. The device is expected to launch in Q2 2025.Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true" image_height="200px" date_spacing="0px" date_icon_size="0px" date_icon_color="RGBA(255,255,255,0)" excerpt_spacing_top="0px" author_spacing="0px" author_icon_size="0px" author_icon_color="#ffffff" column_gap_x="30px" column_gap_y="0px" show_avatar="off" thumb_size="medium" content_length="120" overlay_icon_color="RGBA(255,255,255,0)" post_bg_color="RGBA(255,255,255,0)" content_bg_color="RGBA(255,255,255,0)" column_count_tablet="2" column_count_phone="1" column_count_last_edited="on|desktop" module_class="remove-pagination" _builder_version="4.24.0" _module_preset="default" title_level="h5" title_text_align="left"...

NewsThe digital identity project associated with Sam Altman, Worldcoin, has rebranded as World Network, or simply World, and launched its own Ethereum layer-2 blockchain, World Chain. According to World Network, they have registered over 10 million users across 160 countries who have provided biometric data for identity verification.A U.S. federal court has sentenced an Indian citizen to five years in prison for carrying out a crypto scam worth over $20 million. Chirag Tomar scammed people by cloning the Coinbase crypto broker website and posing as customer support. Through the fake phishing site, he gained access to victims' real Coinbase accounts and transferred their crypto assets.The FBI has arrested 25-year-old Eric Council Jr. for his involvement in hacking the U.S. Securities and Exchange Commission's (SEC) X (formerly Twitter) account in January and posting a fake announcement about spot Bitcoin ETFs. Council faces charges of aggravated identity theft and fraud using an access device. Prosecutors claim that access to the SEC’s account was gained through a "SIM swap" attack.Euroclear, a Belgium-based securities settlement house, has announced its first strategic investment in Asia. As part of the deal, it acquired a stake in Marketnode, a Singapore-based blockchain service provider for financial market infrastructure. Euroclear's goal is to contribute to the development of an Asia-Pacific market infrastructure aimed at simplifying payment flows and reducing settlement times.The team behind Plasma, an EVM-compatible, Bitcoin-focused project, has raised $3.5 million in a funding round led by Bitfinex. The goal is to expand access to USDT within the Bitcoin ecosystem. The project is spearheaded by Paolo Ardoino, CTO of Bitfinex and CEO of Tether. Other investors in the round included Christian Angermayer, along with Split Capital, Anthos Capital, Karatage, and Manifold Trading.Related categories RecommendedYou...

NewsCoinbase has partnered with ZetaChain, a layer-1 blockchain designed for chain abstraction. As part of this collaboration, Coinbase has integrated the ZetaChain mainnet into its ecosystem, and Coinbase Prime now supports institutional custody for ZETA. Additionally, Coinbase has joined the network as a validator, enabling native ZETA staking and rewards. ZetaChain has also launched full support for the Base chain, facilitating interactions between Base, Bitcoin, Ethereum, and other networks.Radiant Capital, a decentralized finance project built on LayerZero, has suffered losses exceeding $50 million due to a cyberattack. The attacker gained access to backdoor contracts deployed on the networks, stealing over $32 million worth of Arbitrum-based crypto assets and approximately $18 million worth of BNB Chain tokens.zkPass, a data verification and privacy-focused company, has raised $12.5 million in a Series A funding round. The investors included dao5, Animoca Brands, Flow Traders, Amber Group, IOBC Capital, Signum Capital, MH Ventures, and WAGMI Ventures. The funding is a SAFT (Simple Agreement for Future Tokens), with the tokens expected to launch in the first quarter of next year.The crypto brokerage Kraken has announced the launch of its own wrapped Bitcoin, called kBTC, which is an ERC-20 token fully backed by Bitcoin. kBTC brings the utility of Bitcoin to Ethereum and OP Mainnet, with plans for compatibility across multiple networks.Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true" image_height="200px" date_spacing="0px" date_icon_size="0px" date_icon_color="RGBA(255,255,255,0)" excerpt_spacing_top="0px" author_spacing="0px" author_icon_size="0px" author_icon_color="#ffffff" column_gap_x="30px" column_gap_y="0px"...

NewsWorld Liberty Financial, a DeFi protocol launched with the support of Republican presidential candidate Donald Trump, has begun its token sale. They plan to sell 20% of the token supply, which amounts to 20 billion tokens, each priced at $0.015. The sale is currently ongoing.Grayscale Investments has submitted an application to the U.S. Securities and Exchange Commission to convert its popular mixed crypto fund, the Digital Large Cap Fund (GDLC), into an exchange-traded fund (ETF). This fund, holding $524 million in assets, is primarily composed of BTC and ETH, which together account for 94% of the portfolio.Praxis, which promotes itself as the world’s first "Network State," has announced it has secured $525 million for a tech development project focused on cryptocurrency, artificial intelligence, energy, and biotechnology. Investors include Arch Lending, GEM Digital, Manifold Trading, among others. The goal is to build a city that attracts entrepreneurs and fosters technological breakthroughs.The American derivatives trading platform, Bitnomial, has announced it raised $25 million in a funding round led by Ripple Labs. The company is launching a crypto futures trading platform in the U.S., known as Botanical. Bitnomial is one of the few companies with a license from the U.S. Commodity Futures Trading Commission (CFTC) to operate a designated contract market for crypto futures and options trading.Kraken, the crypto brokerage, now offers non-U.S. customers the ability to restake their previously staked ETH on the Ethereum network to earn additional rewards through projects on the EigenLayer DeFi protocol. This service will be available through Kraken's subsidiary, Staked. According to DefiLlama, the total value locked in liquid restaking tokens has surged by more than 3,000% this year, reaching approximately $11 billion.All in Bits (AiB), the developer of the Cosmos ecosystem, issued a warning about serious security risks associated...

NewsThe U.S. Financial Crimes Enforcement Network (FINCEN) has imposed a $3 billion fine on Toronto-Dominion Bank, one of Canada’s largest banks, for failing to report suspicious crypto transactions as part of a major investigation into anti-money laundering compliance. Nearly $420 million in transfers to crypto service providers in high-risk regions, such as Colombia, were identified. This penalty was imposed due to TD Bank's violation of anti-money laundering regulations.The Bitcoin staking platform Solv Protocol has raised $11 million in funding, with a valuation of $200 million, from investors including Nomura’s subsidiary Laser Digital, Blockchain Capital, and OKX Ventures. The platform’s SolvBTC product now backs over 20,000 staked BTC, valued at approximately $1.3 billion, and is accessible across ten major blockchain networks.Ripple, a digital asset infrastructure provider, has announced its partners for supporting its upcoming stablecoin, RLUSD. Broker platforms including Uphold, Bitstamp, Bitso, MoonPay, Independent Reserve, CoinMENA, and Bullish will facilitate RLUSD transactions. Additionally, B2C2 and Keyrock have signed on as market makers to enhance liquidity for RLUSD. Ripple also expanded its advisory board for RLUSD, welcoming three new members: Sheila Bair, former FDIC Chair; David Puth, former executive at JPMorgan; and Chris Larsen, Ripple’s Executive Chairman.Bitcoin infrastructure company Blockstream has successfully completed a bond issuance led by Fulgur Ventures, raising $210 million. The funds will be used to accelerate Bitcoin development and promote broader adoption. Blockstream, known for its innovative contributions to the Bitcoin ecosystem, continues to strengthen its position with this substantial new capital infusion.Asset management firm Canary Capital has filed an application with the U.S. Securities and Exchange Commission (SEC) to launch a Litecoin spot exchange-traded fund (ETF). This would be the...

NewsThe community of decentralized stablecoin protocol Ethena has submitted a proposal to add SOL as a collateral asset for its synthetic dollar, USDe. This mechanism would mirror the collateralization strategy Ethena currently uses for BTC and ETH perpetual futures contracts. The proposal also includes using BNSOL (Binance Liquid Staked SOL) and bbSOL (Bybit Liquid Staked SOL) as additional collateral options.Monochrome Asset Management has announced that it has received long-awaited regulatory approval to launch Australia’s first spot Ethereum ETF (IETH) on the U.S. market. Listed on the Cboe, this fund will reportedly be the world’s first ETF to offer in-kind Ethereum subscriptions and redemptions. Monochrome also manages a spot Bitcoin ETF, IBTC, listed on Cboe Australia.The newly established Hyper Foundation, the organization behind the decentralized platform Hyperliquid, has announced the upcoming release of its native token, HYPE, ahead of the HyperEVM mainnet launch. This token is essential for the HyperBFT proof-of-stake consensus, HyperEVM, and future development initiatives. The exact date for the airdrop has not yet been disclosed.U.S. Democratic presidential candidate Kamala Harris has proposed a crypto regulatory framework aimed at protecting Black men who invest in and hold crypto assets. Her "Opportunity Agenda for Black Men" initiative is intended to support wealth-building opportunities for Black men.Deutsche Bank has formed a partnership with Brussels-based Keyrock to provide multi-currency accounts and foreign exchange services. As one of Europe’s leading digital asset liquidity providers, Keyrock can now optimize and expand its market-making and over-the-counter trading services. This partnership allows Keyrock to consolidate services under a single entity, reducing both counterparty and settlement risks.Related categories RecommendedYou may also be interested in these articles![brbl_post_grid...

NewsVenture capital firm Paradigm has announced the launch of its spin-off company, Ithaca, backed by a $20 million investment. Ithaca is developing the layer-2 Odyssey blockchain, built using the OP Stack, which will support Ethereum's future plans, such as more user-friendly smart contract wallets. Ithaca aims to provide developers with easier infrastructure solutions.Developed by Gunzilla Games, the Avalanche-based battle royale shooter Off the Grid has climbed to the top of the Epic Game Store's most popular free PC games list, surpassing even Epic's own popular titles Fortnite and Rocket League. The game features its own Avalanche subnet for the upcoming GUN token and in-game NFT items, which can be traded by players.Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true" image_height="200px" date_spacing="0px" date_icon_size="0px" date_icon_color="RGBA(255,255,255,0)" excerpt_spacing_top="0px" author_spacing="0px" author_icon_size="0px" author_icon_color="#ffffff" column_gap_x="30px" column_gap_y="0px" show_avatar="off" thumb_size="medium" content_length="120" overlay_icon_color="RGBA(255,255,255,0)" post_bg_color="RGBA(255,255,255,0)" content_bg_color="RGBA(255,255,255,0)" column_count_tablet="2" column_count_phone="1" column_count_last_edited="on|desktop" module_class="remove-pagination" _builder_version="4.24.0" _module_preset="default" title_level="h5" title_text_align="left" title_font_size="16px" title_line_height="28px" excerpt_text_color="rgba(255,255,255,0.4)" excerpt_font_size="12px" excerpt_line_height="24px" author_font="|600|||||||" author_font_size="12px" author_line_height="20px" date_font="|600|||||||" date_text_color="#ffffff" date_font_size="12px" date_line_height="20px" custom_margin="10px||||false|false"...

NewsBlockchain analytics firm Arkham Intelligence is planning to launch a crypto derivative trading platform for retail traders, with regulatory approvals to be obtained in the Dominican Republic. The trading volume for crypto derivatives has been growing exponentially, surpassing $3 trillion in September compared to $1.5 trillion in the same period last year.The professional sports league Karate Combat, which has already expanded into the Web3 space, plans to launch UP, a Hedera-based layer-2 blockchain and crypto-native software licensing platform, in the first quarter of 2025. The KC Up Only Gaming software stack will enable KARATE token holders to earn additional tokens by accurately predicting KC fight outcomes. The UP token is expected to launch in 2025.Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true" image_height="200px" date_spacing="0px" date_icon_size="0px" date_icon_color="RGBA(255,255,255,0)" excerpt_spacing_top="0px" author_spacing="0px" author_icon_size="0px" author_icon_color="#ffffff" column_gap_x="30px" column_gap_y="0px" show_avatar="off" thumb_size="medium" content_length="120" overlay_icon_color="RGBA(255,255,255,0)" post_bg_color="RGBA(255,255,255,0)" content_bg_color="RGBA(255,255,255,0)" column_count_tablet="2" column_count_phone="1" column_count_last_edited="on|desktop" module_class="remove-pagination" _builder_version="4.24.0" _module_preset="default" title_level="h5" title_text_align="left" title_font_size="16px" title_line_height="28px" excerpt_text_color="rgba(255,255,255,0.4)" excerpt_font_size="12px" excerpt_line_height="24px" author_font="|600|||||||" author_font_size="12px" author_line_height="20px" date_font="|600|||||||" date_text_color="#ffffff" date_font_size="12px" date_line_height="20px"...

NewsRipple Labs has filed its own appeal with the U.S. appellate court just one week after the SEC appealed a previous ruling. This ongoing litigation, initiated by the SEC nearly four years ago, accuses Ripple of raising $1.3 billion through the sale of XRP, which the SEC alleges is an unregistered security.Australia, Canada, and Colombia have announced that they are pausing their plans to launch central bank digital currencies (CBDCs) for the time being. The resistance is coming not only from local citizens but also from central banks, which increasingly recognize the lack of a clear public interest argument for issuing retail CBDCs.Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true" image_height="200px" date_spacing="0px" date_icon_size="0px" date_icon_color="RGBA(255,255,255,0)" excerpt_spacing_top="0px" author_spacing="0px" author_icon_size="0px" author_icon_color="#ffffff" column_gap_x="30px" column_gap_y="0px" show_avatar="off" thumb_size="medium" content_length="120" overlay_icon_color="RGBA(255,255,255,0)" post_bg_color="RGBA(255,255,255,0)" content_bg_color="RGBA(255,255,255,0)" column_count_tablet="2" column_count_phone="1" column_count_last_edited="on|desktop" module_class="remove-pagination" _builder_version="4.24.0" _module_preset="default" title_level="h5" title_text_align="left" title_font_size="16px" title_line_height="28px" excerpt_text_color="rgba(255,255,255,0.4)" excerpt_font_size="12px" excerpt_line_height="24px" author_font="|600|||||||" author_font_size="12px" author_line_height="20px" date_font="|600|||||||" date_text_color="#ffffff" date_font_size="12px" date_line_height="20px" custom_margin="10px||||false|false" border_color_all_post="RGBA(255,255,255,0)" border_radii_image="on|26px|26px|26px|26px"...

NewsCrypto assets seized from the PlusToken Ponzi scheme, which operated in 2018-2019, have recently been sold, with around 7,000 ETH liquidated in recent days. The pyramid scheme defrauded approximately 2.6 million people, leading to the confiscation of BTC, ETH, and seven other cryptocurrencies worth around $14 billion through police raids. According to official documents, the seized assets were handed over to Beijing Zhifan Technology Co. to be sold and converted to fiat for compensation purposes.Layer 2 protocol Optimism has launched its fifth airdrop, distributing 10.3 million OP tokens, valued at $16 million, to 54,700 user addresses. This airdrop specifically rewarded users who interacted with the ecosystem of Superchain and OP Stack-developed blockchains and were active between March 15 and September 15, 2024.The Boston federal prosecutor has filed charges against four crypto firms—Gotbit, ZM Quant, CLS Global, and MyTrade—for market manipulation and wash trading schemes that defrauded clients. The indictment implicates 14 executives and employees who engaged in classic pump-and-dump tactics by bribing market makers. The FBI, which was involved in the investigation, created its own token, NexFundAI, to more effectively uncover these fraudulent activities.After six years, payment processing giant Stripe has re-enabled crypto payments for U.S. businesses. Companies can now accept USDC payments on the Ethereum, Solana, and Polygon blockchains. This integration is compatible with checkout, payment intent features, and soon with Stripe’s subscription function as well.Liquid Restaking platform and rollup solution Puffer Finance has announced the release of its new governance token, along with details on the upcoming airdrop claim process. Puffer is offering a total of 1 billion tokens, with an initial supply of 102.3 million. In the ongoing second-round airdrop, 5.5% of the tokens are being distributed.The U.S. Securities and Exchange...

NewsHBO's new documentary, Money Electric: The Bitcoin, suggests that Bitcoin's creator, previously known by the pseudonym Satoshi Nakamoto, is none other than one of Bitcoin's early developers, Peter Todd. This claim, based on speculation, holds as much credibility as any other conjecture. In a statement today, Todd denied this assertion.Gunzilla Games has launched the early access version of its battle royale video game, Off the Grid, for the Sony PlayStation 5 console and the Epic Games Store. According to early previews, the game boasts AAA-level graphics and gameplay. It will be the first free-to-play on-chain game on these platforms, allowing players to trade in-game assets. Gunzilla’s GUNZ blockchain will be used for these transactions.The American asset manager VanEck has announced a new initiative to support early-stage crypto and artificial intelligence projects. To aid this, they are launching a $30 million fund called VanEck Ventures, which will invest in fintech, crypto, and AI startups at the pre-seed and seed stages.According to a new U.S. regulatory announcement, Bitfinex, the sister company of the Tether stablecoin issuer, may be the only entity eligible for compensation related to the 2016 hack. During the attack, approximately 120,000 BTC were stolen from the platform. With the case now settled, Bitfinex could receive around $5.8 billion in compensation.Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true" image_height="200px" date_spacing="0px" date_icon_size="0px" date_icon_color="RGBA(255,255,255,0)" excerpt_spacing_top="0px" author_spacing="0px" author_icon_size="0px" author_icon_color="#ffffff" column_gap_x="30px" column_gap_y="0px" show_avatar="off" thumb_size="medium" content_length="120"...

NewsJohn Dorsey, a judge at the Delaware Bankruptcy Court in the United States, has approved the FTX bankruptcy plan, bringing an end to the proceedings for the crypto broker that collapsed two years ago. According to the plan, 98% of affected parties will receive at least 118% of their claims in fiat currency, calculated based on exchange rates at the time of bankruptcy. The judge also confirmed on Monday that the value of FTT, the platform's native token, is zero.Linea, a layer 2 ZK rollup solution supported by the development company Consensys, outlined the steps required for decentralization and the transition of zkEVM into a permissionless system. This transformation would involve replacing the current network system with a proof-of-stake model for block validation and requiring validators to participate in the QBFT consensus algorithm.The cross-chain protocol deBridge has launched deBridge Hooks, which enables real-time data transfer across blockchains. This feature primarily serves developers and protocols, allowing them to integrate cross-chain capabilities into their applications. The Solflare Wallet and the Solana-based DEX, Zeta Markets, are already utilizing this new feature.The RWA tokenization platform Midas has announced that it has received an operational license in Liechtenstein, and now extends access to tokenized U.S. Treasury Bills and yield-based carry trade products to retail users. From now on, it has removed the $100,000 minimum investment requirement and the investor accreditation process for its mTbill and mBasis tokens, making them accessible to everyone.The crypto broker Crypto.com has announced that it is suing the U.S. Securities and Exchange Commission (SEC), along with its chairman Gary Gensler and four commissioners, following a Wells Notice sent to the company by the regulator. The filing requests the court to prohibit the SEC’s unlawful extension of its jurisdiction over the secondary market sales of...

NewsThe United Arab Emirates has announced that it will exempt transactions involving virtual assets and the transfer of ownership rights over these assets from VAT. The change, effective November 15, will also apply retroactively to transactions dating back to January 1, 2018. This new rule puts the industry on par with more traditional financial services.Tokyo Stock Exchange-listed investment firm Metaplanet has purchased an additional 108.7 bitcoins, increasing its holdings to 639.5 bitcoins, valued at approximately $40.6 million at current prices. The company remains steadfastly optimistic about Bitcoin’s future prospects.Crypto broker Crypto.com has announced a partnership with 21.co to provide Bitcoin liquidity for the existing 21.co Wrapped Bitcoin (21BTC) product. 21.co is best known for its subsidiary 21Shares, a crypto asset manager that has launched multiple crypto ETFs. The companies plan to collaborate on other product offerings in the future.Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true" image_height="200px" date_spacing="0px" date_icon_size="0px" date_icon_color="RGBA(255,255,255,0)" excerpt_spacing_top="0px" author_spacing="0px" author_icon_size="0px" author_icon_color="#ffffff" column_gap_x="30px" column_gap_y="0px" show_avatar="off" thumb_size="medium" content_length="120" overlay_icon_color="RGBA(255,255,255,0)" post_bg_color="RGBA(255,255,255,0)" content_bg_color="RGBA(255,255,255,0)" column_count_tablet="2" column_count_phone="1" column_count_last_edited="on|desktop" module_class="remove-pagination" _builder_version="4.24.0" _module_preset="default" title_level="h5" title_text_align="left" title_font_size="16px" title_line_height="28px" excerpt_text_color="rgba(255,255,255,0.4)" excerpt_font_size="12px"...

NewsEthereum co-founder Vitalik Buterin has donated another 100 ETH to the legal defense fund for Tornado Cash developer Roman Storm. This is not Buterin's first contribution, as he has previously spoken out in defense of Storm, who faces a potential maximum sentence of 45 years in prison if convicted. This prospect has triggered a wave of support, with the fund now having raised over 327 ETH, approximately $785,000, dedicated to the legal defense of Tornado Cash developers Alexey Pertsev and Roman Storm.The TON community has announced the creation of Memelandia, a strategic initiative backed by the TON Foundation and the TON Association, to develop a memecoin narrative within the ecosystem. Memelandia’s objectives include increasing the trading volume of memecoins on TON, supporting the launch of successful projects with a market value exceeding $100 million, and overtaking Solana’s dominance in the memecoin space.Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true" image_height="200px" date_spacing="0px" date_icon_size="0px" date_icon_color="RGBA(255,255,255,0)" excerpt_spacing_top="0px" author_spacing="0px" author_icon_size="0px" author_icon_color="#ffffff" column_gap_x="30px" column_gap_y="0px" show_avatar="off" thumb_size="medium" content_length="120" overlay_icon_color="RGBA(255,255,255,0)" post_bg_color="RGBA(255,255,255,0)" content_bg_color="RGBA(255,255,255,0)" column_count_tablet="2" column_count_phone="1" column_count_last_edited="on|desktop" module_class="remove-pagination" _builder_version="4.24.0" _module_preset="default" title_level="h5" title_text_align="left" title_font_size="16px" title_line_height="28px" excerpt_text_color="rgba(255,255,255,0.4)" excerpt_font_size="12px" excerpt_line_height="24px"...

NewsGaming giant Ubisoft, which has seen better days, is set to launch a 10,000-piece NFT collection on Arbitrum, to be listed on the Magic Eden marketplace. These NFTs will be part of the upcoming top-down shooter game Captain Laserhawk: The G.A.M.E. The competitive multiplayer game is promised to feature iconic characters from Assassin's Creed, Rayman, and Beyond Good & Evil.According to documents filed with the U.S. Securities and Exchange Commission (SEC), asset manager Bitwise plans to merge its three futures crypto ETFs into a single fund in December: the Bitwise Trendwise Bitcoin and Treasuries Rotation Strategy ETF. The combined fund will allocate exposure between Bitcoin, Ethereum futures, and U.S. Treasuries, utilizing a proprietary signal algorithm.Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true" image_height="200px" date_spacing="0px" date_icon_size="0px" date_icon_color="RGBA(255,255,255,0)" excerpt_spacing_top="0px" author_spacing="0px" author_icon_size="0px" author_icon_color="#ffffff" column_gap_x="30px" column_gap_y="0px" show_avatar="off" thumb_size="medium" content_length="120" overlay_icon_color="RGBA(255,255,255,0)" post_bg_color="RGBA(255,255,255,0)" content_bg_color="RGBA(255,255,255,0)" column_count_tablet="2" column_count_phone="1" column_count_last_edited="on|desktop" module_class="remove-pagination" _builder_version="4.24.0" _module_preset="default" title_level="h5" title_text_align="left" title_font_size="16px" title_line_height="28px" excerpt_text_color="rgba(255,255,255,0.4)" excerpt_font_size="12px" excerpt_line_height="24px" author_font="|600|||||||" author_font_size="12px" author_line_height="20px" date_font="|600|||||||" date_text_color="#ffffff" date_font_size="12px" date_line_height="20px"...

NewsBitcoin mining company TeraWulf has sold its 25% stake in the nuclear-powered Nautilus Bitcoin mine, located near the Susquehanna nuclear power plant in Pennsylvania, for $92 million. The buyer was a subsidiary of Talen Energy, its joint venture partner. TeraWulf plans to reinvest the proceeds into a high-performance computing (HPC) and AI data center, which is expected to become operational in the first quarter of 2025.Crypto broker Kraken has announced that it has received a license from the Bermuda Monetary Authority to launch its derivatives trading platform. The new platform will primarily offer perpetual futures and fixed-term futures products, with over 200 contracts available for trading.Crypto broker Coinbase has announced that by December 30, it will delist all unauthorized stablecoins to comply with the EU's Markets in Crypto-Assets (MiCA) regulations. The restrictions will apply only to users in the European Economic Area (EEA). Currently, Circle's USDC and EURC are among the authorized stablecoins, but Tether's USDT has not yet met the regulatory conditions. Discussions regarding its authorization are ongoing.Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true" image_height="200px" date_spacing="0px" date_icon_size="0px" date_icon_color="RGBA(255,255,255,0)" excerpt_spacing_top="0px" author_spacing="0px" author_icon_size="0px" author_icon_color="#ffffff" column_gap_x="30px" column_gap_y="0px" show_avatar="off" thumb_size="medium" content_length="120" overlay_icon_color="RGBA(255,255,255,0)" post_bg_color="RGBA(255,255,255,0)" content_bg_color="RGBA(255,255,255,0)" column_count_tablet="2" column_count_phone="1" column_count_last_edited="on|desktop" module_class="remove-pagination" _builder_version="4.24.0"...

NewsThe U.S. Securities and Exchange Commission (SEC) is appealing a previous court ruling in its case against Ripple Labs, arguing that the decision contradicts decades of Supreme Court precedent and securities law. On August 7, a judge ordered Ripple to pay a $125 million civil penalty, significantly lower than the SEC's initial request of $2 billion. The ruling partially granted and partially denied the SEC’s original claims regarding the sale of Ripple's XRP token.Digital Asset has announced the successful completion of another tokenization test in collaboration with the Canton Network. This project involved Euroclear’s settlement and clearing services, the World Gold Council, and the global law firm Clifford Chance. The test focused on tokenizing gold and euro bonds and included participation from 27 unnamed market players.Asset manager Franklin Templeton has announced the integration of its second-largest tokenized fund in the blockchain industry, FOBXX, into the Aptos network. The $435 million OnChain U.S. Government Money Market Fund (FOBXX), which primarily invests in U.S. Treasuries, is now tradable on the Aptos blockchain.Aptos Labs has announced a significant expansion in Japan. As part of this plan, it has signed an agreement with Palette Chain developer HashPalette to acquire the company and integrate its blockchain. HashPalette has established strong ties with major Japanese companies, including KDDI, providing Aptos with access to some of Japan's most influential corporations. Aptos will be the exclusive blockchain provider for the EXPO2025 DIGITAL WALLET at the Expo 2025 in Japan.Crypto broker OKX has announced the support of PayPal's stablecoin, PYUSD, on its platform and will also launch spot trading for the product. PYUSD is a 1:1 USD-pegged crypto asset available on the Ethereum and Solana blockchains.to roll out the digital asset. Since 2014, BBVA has been involved in digital asset services, currently offering...

NewsSwiss digital asset manager Taurus has partnered with Chainlink to accelerate the adoption of tokenized assets by financial institutions. As part of this collaboration, Taurus will leverage Chainlink's platform to expand real-world assets (RWAs) and enable cross-chain compatibility. This includes utilizing Chainlink's data services for market prices, reference information, and identity verification, along with the integration of the Cross-Chain Interoperability Protocol (CCIP).According to Chainalysis' latest report, stablecoin transactions now account for about 43% of the total transaction volume in the Sub-Saharan African region. The surge in stablecoin payments is primarily driven by the devaluation of local currencies. The shift toward increased crypto usage is largely attributed to the declining purchasing power of fiat currencies in the region.Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true" image_height="200px" date_spacing="0px" date_icon_size="0px" date_icon_color="RGBA(255,255,255,0)" excerpt_spacing_top="0px" author_spacing="0px" author_icon_size="0px" author_icon_color="#ffffff" column_gap_x="30px" column_gap_y="0px" show_avatar="off" thumb_size="medium" content_length="120" overlay_icon_color="RGBA(255,255,255,0)" post_bg_color="RGBA(255,255,255,0)" content_bg_color="RGBA(255,255,255,0)" column_count_tablet="2" column_count_phone="1" column_count_last_edited="on|desktop" module_class="remove-pagination" _builder_version="4.24.0" _module_preset="default" title_level="h5" title_text_align="left" title_font_size="16px" title_line_height="28px" excerpt_text_color="rgba(255,255,255,0.4)" excerpt_font_size="12px" excerpt_line_height="24px" author_font="|600|||||||" author_font_size="12px" author_line_height="20px"...

NewsBrokerage firm Robinhood has announced the launch of crypto transfers in Europe, enabling EU customers to deposit and withdraw more than 20 crypto assets. Additionally, they offer a 1% yield on deposits. Supported assets include BTC, ETH, SOL, DOGE, SHIB, USDC, and more. With this move, Robinhood aims to make access to DeFi easier and more accessible for its clients.Binance has announced its official registration as a digital asset service provider in Argentina. The mobile and web applications are now available to Argentine users. This marks the crypto broker's 20th regulatory registration worldwide.The Bank of England (BoE) and the UK's Financial Conduct Authority (FCA) have jointly announced the launch of the Digital Securities Sandbox (DSS) program. This initiative allows companies to explore the benefits of distributed ledger technology (DLT) for financial securities. Regulators highlighted that the DSS will facilitate the trading, settlement, and issuance of digital securities in the UK.The Börse Stuttgart Group, Germany's second-largest stock exchange, in collaboration with the European Central Bank (ECB), has successfully completed tests on using blockchain technology for securities settlement. By leveraging blockchain and central bank money interoperability, settlement times were reduced from two days to just a few minutes, with the process running efficiently, securely, and without counterparty risk.Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true" image_height="200px" date_spacing="0px" date_icon_size="0px" date_icon_color="RGBA(255,255,255,0)" excerpt_spacing_top="0px" author_spacing="0px" author_icon_size="0px" author_icon_color="#ffffff" column_gap_x="30px" column_gap_y="0px" show_avatar="off" thumb_size="medium"...

NewsMatrixport, the Singapore-based crypto service hub founded by Jihan Wu, has announced its full acquisition of Swiss crypto asset manager Crypto Finance Asset Management AG, previously part of the Deutsche Börse Group's Crypto Finance Group. Following the acquisition, the business will operate under the name Matrixport Asset Management AG, and it is poised to play a pioneering role in providing institutional-level crypto investment solutions.According to the latest report from FTX's bankruptcy trustee, the next court hearing is scheduled for October 7, 2024, where the confirmation of the reorganization plan is expected. If approved, creditors with claims under $50,000 may start receiving compensation by the end of 2024. However, larger claimants will likely only see their funds in the first or second quarter of 2025.The BIO Association, a Swiss nonprofit organization, has announced plans to create a decentralized biotechnology network called the BIO Protocol, which will also include the issuance of BIO tokens. The goal is to democratize access to scientific research and funding. A key feature of the network will be the creation of BioDAOs, which will develop and fund scientific intellectual property.The Australian bank ANZ has announced its participation in Project Guardian, led by the Monetary Authority of Singapore. The project's goal is to explore broader access to tokenized real-world assets in financial markets. Participants include regulatory bodies like the UK's Financial Conduct Authority, Switzerland's FINMA, and Japan's FSA, along with financial institutions such as Deutsche Bank, Citi, and Apollo.Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true" image_height="200px" date_spacing="0px" date_icon_size="0px"...

NewsAn entity tied to a major crypto wallet lost over $32 million worth of spark wrapped ether tokens (spWETH) after signing a malicious transaction. According to the blockchain security service ScamSniffer, the theft was executed using the notorious Inferno Drainer scam-as-a-service software, which targets crypto traders by faking popular DeFi protocols and tricking users into signing away control of their wallets.The transmedia franchise Space Nation has launched its MMORPG game, Space Nation Online, which aims to become the next big Star Wars-like game. Built on Ethereum's scaling network, Immutable zkEVM, the game is currently in its first soft launch phase, preparing for a global release. The developers hope to attract a broader Web2 audience and see this blockchain-based game as the central element of their expanding sci-fi IP.Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true" image_height="200px" date_spacing="0px" date_icon_size="0px" date_icon_color="RGBA(255,255,255,0)" excerpt_spacing_top="0px" author_spacing="0px" author_icon_size="0px" author_icon_color="#ffffff" column_gap_x="30px" column_gap_y="0px" show_avatar="off" thumb_size="medium" content_length="120" overlay_icon_color="RGBA(255,255,255,0)" post_bg_color="RGBA(255,255,255,0)" content_bg_color="RGBA(255,255,255,0)" column_count_tablet="2" column_count_phone="1" column_count_last_edited="on|desktop" module_class="remove-pagination" _builder_version="4.24.0" _module_preset="default" title_level="h5" title_text_align="left" title_font_size="16px" title_line_height="28px" excerpt_text_color="rgba(255,255,255,0.4)" excerpt_font_size="12px" excerpt_line_height="24px" author_font="|600|||||||" author_font_size="12px" author_line_height="20px" date_font="|600|||||||"...

NewsThe U.S. Securities and Exchange Commission (SEC) has reached an agreement with Mango DAO, Mango Labs LLC, and the Blockworks Foundation, where the defendants acknowledge that the MNGO token was an unregistered security, and the organizations had offered unregistered brokerage services. As part of the settlement, the MNGO tokens will be destroyed, and a total fine of $700,000 will be paid.Changpeng "CZ" Zhao, former CEO and co-founder of Binance, was released on Friday. CZ had been sentenced to four months in prison in April this year after pleading guilty last year to failing to implement an effective anti-money laundering program. According to current Binance leadership, Zhao will not influence the company’s decision-making going forward.Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true" image_height="200px" date_spacing="0px" date_icon_size="0px" date_icon_color="RGBA(255,255,255,0)" excerpt_spacing_top="0px" author_spacing="0px" author_icon_size="0px" author_icon_color="#ffffff" column_gap_x="30px" column_gap_y="0px" show_avatar="off" thumb_size="medium" content_length="120" overlay_icon_color="RGBA(255,255,255,0)" post_bg_color="RGBA(255,255,255,0)" content_bg_color="RGBA(255,255,255,0)" column_count_tablet="2" column_count_phone="1" column_count_last_edited="on|desktop" module_class="remove-pagination" _builder_version="4.24.0" _module_preset="default" title_level="h5" title_text_align="left" title_font_size="16px" title_line_height="28px" excerpt_text_color="rgba(255,255,255,0.4)" excerpt_font_size="12px" excerpt_line_height="24px" author_font="|600|||||||" author_font_size="12px" author_line_height="20px" date_font="|600|||||||" date_text_color="#ffffff" date_font_size="12px" date_line_height="20px"...

NewsThe liquid restaking protocol Bedrock has confirmed that it fell victim to a hacking attack due to a vulnerability affecting the synthetic Bitcoin token, uniBTC. During the attack, hackers stole around $2 million worth of assets. According to a statement from the team, they have already taken steps to address the root cause, and the remaining assets are secure.Helium Mobile, the mobile network of the Helium Network, has announced a sponsorship agreement with the University of Southern California (USC) and its Trojans college sports team. Leveraging the world’s first blockchain-based wireless network, Helium Mobile enables users to contribute to coverage and enjoy mobile service benefits through a reward system.The Web3 wallet Bitget Wallet has announced the launch of its new software kit, OmniConnect, which allows users to connect Telegram mini-apps to multi-chain blockchains, including all EVM chains, TON, Solana, and over 500 other blockchains. The latest software aims to converge Web3 technology and Telegram through the Bitget Wallet.Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true" image_height="200px" date_spacing="0px" date_icon_size="0px" date_icon_color="RGBA(255,255,255,0)" excerpt_spacing_top="0px" author_spacing="0px" author_icon_size="0px" author_icon_color="#ffffff" column_gap_x="30px" column_gap_y="0px" show_avatar="off" thumb_size="medium" content_length="120" overlay_icon_color="RGBA(255,255,255,0)" post_bg_color="RGBA(255,255,255,0)" content_bg_color="RGBA(255,255,255,0)" column_count_tablet="2" column_count_phone="1" column_count_last_edited="on|desktop" module_class="remove-pagination" _builder_version="4.24.0" _module_preset="default" title_level="h5" title_text_align="left" title_font_size="16px"...

NewsThe cryptoproject Truflation, backed by Coinbase Ventures, has been hit by a hacking attack. Hackers managed to steal approximately $5 million from treasury multisig and personal wallets. The company has confirmed the exploit and is cooperating with law enforcement agencies. Currently, many services on the platform are unavailable, and those that are functioning have limited liquidity.The Silicon Valley-based payment company PayPal has announced that it will soon allow its U.S. business clients to buy, sell, hold, and transact with crypto assets. The company has already launched several initiatives aimed at gaining market share among businesses and customers operating in the digital assets industry.In a speech, Vice President Kamala Harris stated that under her leadership, the United States would recommit to global leadership in sectors defining the next century, remaining dominant in areas like artificial intelligence, quantum computing, blockchain, and other emerging technologies. However, her campaign tours have not touched on the crypto sector.The Ethena DeFi platform and Securitize have announced a partnership to launch a new stablecoin. The token, which will be introduced under the name UStb, is expected to function like traditional stablecoins and will likely be backed by BlackRock's USD institutional digital liquidity fund.Swiss digital asset infrastructure provider Taurus has partnered with Aktionariat AG, a company specializing in tokenization. Under this agreement, Taurus will provide the necessary infrastructure for Ethereum-based tokenized shares issued by Aktionariat, and in return, these tokenized securities will be available on the Taurus Digital eXchange platform. The partnership will commence in November.The Avalanche blockchain network foundation has announced a $40 million grant program to support developers. The Retro9000 program is a retroactive grant initiative linked to the recent Avalanche9000 update, which...

NewsCaroline Ellison, former co-CEO of Alameda Research, has been sentenced to two years in prison by U.S. District Judge Kaplan in New York for her role in the collapse of FTX. Ellison, who was also the former girlfriend of Sam Bankman-Fried, the ex-CEO of the bankrupt FTX, pleaded guilty in December 2022 to charges of fraud and money laundering. She will serve her sentence in a minimum-security facility starting after November 7.Global banking conglomerate Societe Generale has partnered with Bitpanda to expand the mainstream adoption of its euro-denominated stablecoin, EUR CoinVertible (EURCV). According to Jean-Marc Stenger, CEO of Societe Generale-FORGE, the goal is to offer a readily available digital currency to European users. This partnership is seen as an important step in integrating stablecoins into the broader financial system.Binance has introduced a pre-market spot trading service, allowing users to take early positions before a token's spot market listing. Unlike competitors, Binance offers actual tokens for pre-market trading, rather than derivative products.Initia, a layer-1 blockchain project, has raised $14 million in a Series A funding round ahead of its mainnet and token launch. The round was led by Theory Ventures, with participation from Delphi Ventures and Hack VC. Initia aims to provide a holistic approach to the multichain ecosystem, integrating layer-1 and layer-2 rollups in a seamless system.Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true" image_height="200px" date_spacing="0px" date_icon_size="0px" date_icon_color="RGBA(255,255,255,0)" excerpt_spacing_top="0px" author_spacing="0px" author_icon_size="0px" author_icon_color="#ffffff" column_gap_x="30px" column_gap_y="0px" show_avatar="off"...

NewsThe Depository Trust & Clearing Corporation (DTCC), a key player in U.S. financial market infrastructure, announced the successful completion of its U.S. Treasury Collateral Network tokenization pilot project. The project demonstrated strong functionality and potential within the industry. Four investors, four banks, two central counterparties, and three custodians participated, testing 10 different use cases, with data privacy ensured by the Canton Network. The successful outcome showed that tokenized assets can be used to optimize collateral management.The Eigen Foundation, behind the EigenLayer restaking protocol, has announced that transfer restrictions on the EIGEN token will be lifted on September 30, 2024. Once transferability is enabled, stakeholders will be able to trade and transfer their tokens. This update follows the distribution of 86 million EIGEN tokens during the protocol’s second "stakedrop" season.U.S.-based crypto broker Kraken has completed the acquisition of one of the Netherlands' oldest registered crypto brokers, Coin Meester B.V. This acquisition aims to expand Kraken's efforts in the European market and strengthen its position as a registered Virtual Asset Service Provider (VASP) within the European Union. Following the acquisition, Kraken can now offer VASP services either directly or through partnerships in Germany, Spain, Italy, the Netherlands, Belgium, Ireland, France, and Poland.The Hong Kong Monetary Authority has launched a second pilot program for the e-HKD, focusing on the settlement of tokenized assets, programmability, and offline payments. Participants in this phase include the Bank of China, Hang Seng Bank, HSBC, Aptos Labs, Visa, and Mastercard. This is part of Hong Kong's ongoing central bank digital currency (CBDC) experiment, aimed at testing the commercial viability of the e-HKD.The U.S. Securities and Exchange Commission (SEC) announced a settlement with TrueCoin LLC and TrustToken Inc....

NewsThe team behind the popular Telegram tap-to-earn game, Hamster Kombat, has announced that 60 billion tokens will be distributed in its first airdrop. Despite the game having 300 million users, only 131 million qualified, meaning just 43% of users will receive tokens. The team also revealed that 2.3 million users were banned for cheating.Bitcoin mining companies Bitfarms and Riot Platforms have reached a settlement in which Bitfarms co-founder Andres Finkielsztain stepped down from the board, replaced by an independent director proposed by Riot, Amy Freedman. Riot had attempted to acquire Bitfarms for approximately $950 million in April, though the deal fell through. However, Riot remains Bitfarms' largest shareholder, and this agreement brings them one step closer to a full acquisition.The Celestia Foundation, behind the first specialized modular blockchain, announced it has raised $100 million in funding, led by Bain Capital Crypto, with participation from Syncracy Capital, 1kx, Robot Ventures, Placeholder, and others. The funds will be used to advance their technology, aiming to scale to 1-gigabyte blocks.German industrial giant Siemens AG has announced it will use JPMorgan’s Onyx blockchain-based payment system and the SWIAT private blockchain for the issuance and settlement of its tokenized commercial paper. Payments will be processed through the Onyx network using the JPM Coin System, while asset transfers will leverage the SWIAT network's delivery-versus-payment (DvP) mechanism.Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true" image_height="200px" date_spacing="0px" date_icon_size="0px" date_icon_color="RGBA(255,255,255,0)" excerpt_spacing_top="0px" author_spacing="0px" author_icon_size="0px" author_icon_color="#ffffff"...

NewsAt Solana Breakpoint 2024, Coinbase, the crypto broker, announced plans to extend its wrapped BTC token, cbBTC, to the Solana network. Currently, the token has a market capitalization of approximately $137 million and is available on the Ethereum and Base blockchains.Plume Network plans to tokenize around $1.25 billion worth of real-world assets by the fourth quarter. Among the assets being moved to the blockchain are Plural Energy’s $300 million solar park, Credbull’s $500 million private credit fund, approximately $120 million in Medicaid-backed receivables, and various oil and gas rights. Token holders will have the opportunity to earn yields throughout the process.Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true" image_height="200px" date_spacing="0px" date_icon_size="0px" date_icon_color="RGBA(255,255,255,0)" excerpt_spacing_top="0px" author_spacing="0px" author_icon_size="0px" author_icon_color="#ffffff" column_gap_x="30px" column_gap_y="0px" show_avatar="off" thumb_size="medium" content_length="120" overlay_icon_color="RGBA(255,255,255,0)" post_bg_color="RGBA(255,255,255,0)" content_bg_color="RGBA(255,255,255,0)" column_count_tablet="2" column_count_phone="1" column_count_last_edited="on|desktop" module_class="remove-pagination" _builder_version="4.24.0" _module_preset="default" title_level="h5" title_text_align="left" title_font_size="16px" title_line_height="28px" excerpt_text_color="rgba(255,255,255,0.4)" excerpt_font_size="12px" excerpt_line_height="24px" author_font="|600|||||||" author_font_size="12px" author_line_height="20px" date_font="|600|||||||" date_text_color="#ffffff" date_font_size="12px" date_line_height="20px" custom_margin="10px||||false|false" border_color_all_post="RGBA(255,255,255,0)"...

NewsThe U.S. Securities and Exchange Commission (SEC) has fast-tracked approval for the world’s largest asset manager, BlackRock, to list and trade options for its spot Bitcoin exchange-traded fund (IBIT). These options will be listed on the Nasdaq ISE. Other companies, such as Grayscale and Bitwise, have also applied for similar options trading approvals and are expected to receive the go-ahead soon.Travala, the crypto-native travel platform, has integrated with Solana, expanding its support to a third ecosystem alongside Ethereum and the BNB Chain. This integration allows users to book flights, hotels, and accommodations using Solana-based assets like SOL, USDT, or USDC. Travala’s token, AVA, will also be introduced on Solana, enabling the platform to offer SOL travel rewards in addition to BTC and AVA rewards.Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true" image_height="200px" date_spacing="0px" date_icon_size="0px" date_icon_color="RGBA(255,255,255,0)" excerpt_spacing_top="0px" author_spacing="0px" author_icon_size="0px" author_icon_color="#ffffff" column_gap_x="30px" column_gap_y="0px" show_avatar="off" thumb_size="medium" content_length="120" overlay_icon_color="RGBA(255,255,255,0)" post_bg_color="RGBA(255,255,255,0)" content_bg_color="RGBA(255,255,255,0)" column_count_tablet="2" column_count_phone="1" column_count_last_edited="on|desktop" module_class="remove-pagination" _builder_version="4.24.0" _module_preset="default" title_level="h5" title_text_align="left" title_font_size="16px" title_line_height="28px" excerpt_text_color="rgba(255,255,255,0.4)" excerpt_font_size="12px" excerpt_line_height="24px" author_font="|600|||||||" author_font_size="12px" author_line_height="20px" date_font="|600|||||||" date_text_color="#ffffff"...

NewsThe German government shut down 47 crypto platforms, accusing them of knowingly enabling cybercriminals to foster the growth of the "black economy" and deliberately concealing the origins of funds obtained through criminal activities. Among these platforms were several well-established ones with a large user base, including Xchange.cash, which had been operating since 2012, as well as 60cek.org, Baksman.com, and Prostocash.com.Security analysts at PeckShield estimated that the Singapore-based BingX crypto broker suffered a loss of $43 million in a recent hacker attack. To prevent further damage, withdrawals were suspended as part of the emergency plan, with plans to resume them within the next 24 hours. A compensation plan has been promised for those affected.CertiK, a security firm, is set to invest $45 million through its new risk branch, CertiK Ventures, in a new line of proprietary products. They plan to launch two new free security tools, Token Scan and Wallet Scan, designed to help users protect their assets from malicious tokens and wallet codes.Jupiter, one of the largest decentralized platforms within the Solana ecosystem, has acquired the blockchain explorer SolanaFM to access Solana data through its indexing and explorer tools, thus expanding the platform's data and infrastructure capabilities. Additionally, they acquired Coinhall, the leading aggregator on the Cosmos network, thereby extending their reach to another ecosystem.Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true" image_height="200px" date_spacing="0px" date_icon_size="0px" date_icon_color="RGBA(255,255,255,0)" excerpt_spacing_top="0px" author_spacing="0px" author_icon_size="0px" author_icon_color="#ffffff" column_gap_x="30px" column_gap_y="0px"...

NewsHemi Labs has raised $15 million in funding to develop its modular blockchain network, the Hemi Network, which includes the Hemi Virtual Machine. This technology will enable developers to create Bitcoin- and Ethereum-compatible smart contracts. The funding round was led by Binance Labs, Breyer Capital, and Big Brain Holdings.Fintech company Monerium has announced the launch of EURe, the first euro-backed stablecoin on the Noble blockchain within the Cosmos ecosystem. EURe is backed by euro-denominated deposits and is integrated with the SEPA framework, allowing for instant euro transfers between on-chain wallets and custodial bank accounts.Crypto broker Bitget and Foresight Ventures have announced a $30 million strategic investment in The Open Network (TON) blockchain. The investment aims to increase their involvement in TON's governance and future developments, with a focus on supporting Telegram-based projects, particularly tap-to-earn games.The SEC has filed charges against Rari Capital and its co-founders, alleging that they misled investors regarding the characteristics and profitability of certain crypto investments offered by Rari Capital and operated as an unregistered broker. Some investors in the Earn pool were also eligible for a Rari governance token, which the agency claims qualifies as an unregistered security.The southern U.S. state of Louisiana has announced that residents can now use certain crypto assets to pay for state services. The government will accept Bitcoin payments through the Bitcoin Lightning Network, as well as payments in USD Coin (USDC), a stablecoin pegged to the U.S. dollar.Crypto Finance, a subsidiary of Germany's largest exchange provider, Deutsche Börse, has entered into an agreement with Commerzbank to launch digital asset trading services for its corporate clients. Commerzbank will act as the custodian partner for the service. Initially, the offering will focus on trading the two largest...

NewsThe U.S. Securities and Exchange Commission (SEC) has reached an agreement with Prager Metis, the auditing firm responsible for the bankrupt crypto broker FTX. The firm agreed to pay a $1.95 million fine for two key charges: falsely assessing FTX’s financial health and failing to disclose the relationship between Alameda and FTX.Jamie Dimon, CEO of the U.S.'s largest bank, JPMorgan Chase, known for his skepticism of cryptocurrencies, stated that his bank is likely one of the largest actual users of blockchain technology. According to Dimon, blockchain is simply a good way to share data, though he remains highly critical of crypto assets.The LayerZero Foundation announced the launch of its lzCatalyst program, which connects developers with venture capital firms. Partners in the program include a16z Crypto, Animoca Brands, PayPal Ventures, and Franklin Templeton. Venture capitalists could invest up to $300 million in the development of omnichain applications built on LayerZero.Google Cloud has unveiled its new Blockchain RPC (Remote Procedure Call) service, providing developers with a simplified way to interact with blockchain data. The Blockchain RPC is fully compatible with the Ethereum JSON-RPC standard, allowing developers to integrate it into their applications with just a single line of code.Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true" image_height="200px" date_spacing="0px" date_icon_size="0px" date_icon_color="RGBA(255,255,255,0)" excerpt_spacing_top="0px" author_spacing="0px" author_icon_size="0px" author_icon_color="#ffffff" column_gap_x="30px" column_gap_y="0px" show_avatar="off" thumb_size="medium" content_length="120" overlay_icon_color="RGBA(255,255,255,0)" post_bg_color="RGBA(255,255,255,0)"...

NewsDonald Trump, the Republican presidential candidate, was scheduled to officially launch the crypto project founded by his sons, World Liberty Financial, at 8 PM on Monday, but the event was postponed. Instead, Zak Folkman, the project leader, revealed that there will be a token, WLFI, which will only be available for sale to accredited investors. The previously leaked tokenomics were denied, with the official version stating that 63% of the tokens will be sold to the public, 17% will be reserved for user rewards, and 20% will be allocated to team members.According to on-chain data, the South Asian country of Bhutan holds more Bitcoin than even El Salvador. The Arkham Intelligence platform reports that Bhutan holds 13,029 BTC (around $758 million), accumulated through Bitcoin mining operations conducted by Druk Holdings, the investment arm of the Kingdom of Bhutan, rather than assets seized by law enforcement.Jeremy Allaire, CEO of stablecoin issuer Circle, announced that USDC will be introduced natively on the Layer-1 Sui blockchain. The integration will be implemented through the Cross-Chain Transfer Protocol (CCTP), a permissionless on-chain utility that facilitates USDC transfers between blockchain networks via native burning and minting. This partnership is expected to enhance Sui’s usability, security, and interoperability for both users and developers.MicroStrategy, led by Michael Saylor, has announced plans to issue $700 million worth of convertible senior notes, set to mature in 2028. Of the total proceeds, $500 million will be used to repay existing debt, while the remaining funds will be allocated to additional Bitcoin purchases and general corporate purposes.The decentralized physical infrastructure network IoTeX has formed a partnership with Polygon Labs to integrate its IoTeX 2.0 blockchain with AggLayer. The goal is to leverage AggLayer’s cross-chain communication and liquidity sharing, enabling IoTeX-based projects to...

NewsCircle, the stablecoin issuer, announced plans to extend the use of its USDC stablecoin to Sony's new Ethereum Layer-2 blockchain network, Soneium. As part of the collaboration, the network will utilize the "bridged USDC" standard, with these tokens serving as substitutes for native USDC held on Ethereum.The crypto broker Bybit has received a provisional license from Dubai's Virtual Assets Regulatory Authority (VARA). This license marks a significant milestone in the company's global expansion strategy, as Dubai’s strategic location, progressive policies, and innovation-driven environment provide unparalleled opportunities for businesses and investors in the crypto sector.Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true" image_height="200px" date_spacing="0px" date_icon_size="0px" date_icon_color="RGBA(255,255,255,0)" excerpt_spacing_top="0px" author_spacing="0px" author_icon_size="0px" author_icon_color="#ffffff" column_gap_x="30px" column_gap_y="0px" show_avatar="off" thumb_size="medium" content_length="120" overlay_icon_color="RGBA(255,255,255,0)" post_bg_color="RGBA(255,255,255,0)" content_bg_color="RGBA(255,255,255,0)" column_count_tablet="2" column_count_phone="1" column_count_last_edited="on|desktop" module_class="remove-pagination" _builder_version="4.24.0" _module_preset="default" title_level="h5" title_text_align="left" title_font_size="16px" title_line_height="28px" excerpt_text_color="rgba(255,255,255,0.4)" excerpt_font_size="12px" excerpt_line_height="24px" author_font="|600|||||||" author_font_size="12px" author_line_height="20px" date_font="|600|||||||" date_text_color="#ffffff" date_font_size="12px" date_line_height="20px" custom_margin="10px||||false|false" border_color_all_post="RGBA(255,255,255,0)"...

NewsThe Bitcoin mining company Bitfarms has announced a hosting agreement with Stronghold Digital Mining, aiming to increase its capacity by an additional 2.2 exahash per second (EH/s) by October 2024. Under the agreement, 10,000 Bitmain T21 mining machines will be deployed at the Panther Creek facility in Pennsylvania, enhancing their competitiveness. The company has also initiated the acquisition of Stronghold, marking the start of its diversification strategy beyond Bitcoin mining, aimed at greater shareholder value creation.Stablecoin issuers Paxos, Tether, Techteryx, and Circle have frozen nearly $5 million worth of stablecoins across two wallet addresses linked to the notorious North Korean state-backed Lazarus hacking group. The stolen assets were identified and tracked during an investigation led by blockchain investigator ZachXBT. However, Circle faced criticism for its delayed response, accused of only extracting profit from the ecosystem without concern for its well-being. After attacks on DeFi, Circle took around 4.5 months to freeze the tokens, unlike the heavily criticized Tether, which promptly reacts to such clear incidents.Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true" image_height="200px" date_spacing="0px" date_icon_size="0px" date_icon_color="RGBA(255,255,255,0)" excerpt_spacing_top="0px" author_spacing="0px" author_icon_size="0px" author_icon_color="#ffffff" column_gap_x="30px" column_gap_y="0px" show_avatar="off" thumb_size="medium" content_length="120" overlay_icon_color="RGBA(255,255,255,0)" post_bg_color="RGBA(255,255,255,0)" content_bg_color="RGBA(255,255,255,0)" column_count_tablet="2" column_count_phone="1" column_count_last_edited="on|desktop" module_class="remove-pagination" _builder_version="4.24.0"...

NewsWorldcoin, endorsed by OpenAI CEO Sam Altman, has integrated the World ID into Solana via the Wormhole protocol, extending its reach beyond the Ethereum ecosystem. Worldcoin assigns digital identities to individuals, allowing developers on Solana to prioritize real people in their blockchain applications. The project currently boasts approximately 6.6 million registrations.The Ethereum Layer 2 ZK-rollup network, Starknet, has approved a governance proposal to introduce staking on the network by the end of 2024. Staking will require a minimum of 20,000 STRK tokens (approximately $8,000), and those with fewer tokens can participate by delegating their tokens to eligible stakers. The mainnet launch is planned for the fourth quarter.Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true" image_height="200px" date_spacing="0px" date_icon_size="0px" date_icon_color="RGBA(255,255,255,0)" excerpt_spacing_top="0px" author_spacing="0px" author_icon_size="0px" author_icon_color="#ffffff" column_gap_x="30px" column_gap_y="0px" show_avatar="off" thumb_size="medium" content_length="120" overlay_icon_color="RGBA(255,255,255,0)" post_bg_color="RGBA(255,255,255,0)" content_bg_color="RGBA(255,255,255,0)" column_count_tablet="2" column_count_phone="1" column_count_last_edited="on|desktop" module_class="remove-pagination" _builder_version="4.24.0" _module_preset="default" title_level="h5" title_text_align="left" title_font_size="16px" title_line_height="28px" excerpt_text_color="rgba(255,255,255,0.4)" excerpt_font_size="12px" excerpt_line_height="24px" author_font="|600|||||||" author_font_size="12px" author_line_height="20px" date_font="|600|||||||" date_text_color="#ffffff" date_font_size="12px" date_line_height="20px" custom_margin="10px||||false|false"...

NewsU.S. Representative John Rose has introduced a bill called "BRIDGE," proposing the creation of a joint commission between the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) to study digital assets. The two agencies have differing views on certain crypto-related issues, including asset classification and the need for regulation.ZKsync, an EVM-compatible ZK rollup, has officially launched its governance model on the mainnet, based on a decentralized structure that now includes smart contracts. This innovation allows the community to participate in collective decisions about the protocol's future. The model is built around three core bodies: the Token Assembly, Security Council, and Guardians, all striving for a balanced distribution of governance power.The decentralized finance lending platform Sky, formerly known as Maker, has submitted a proposal to remove Wrapped Bitcoin (WBTC) as collateral from its ecosystem. The decision is based on concerns over the token's significant counterparty risk, linked to past issues with products associated with Justin Sun.Between August 6 and September 12, MicroStrategy purchased an additional 18,300 BTC for approximately $1.11 billion, at an average price of $60,408 per bitcoin. The company now holds 244,800 BTC, valued at around $14 billion. According to founder Michael Saylor, the total acquisition was made at an average price of $38,585 per bitcoin, including fees and costs, for a total investment of about $9.45 billion.Tether, the world's largest stablecoin issuer, announced the addition of Jesse Spiro to its leadership team. Spiro previously served as head of regulatory relations for PayPal's blockchain and digital currency division and led government affairs at Chainalysis. At Tether, he will take on a similar role as Head of Government Affairs, overseeing policy development and collaborating with lawmakers, regulators, and key...

NewsFlowcarbon, founded by WeWork's Adam Neumann, raised $70 million in 2022 from investors like Andreessen Horowitz to create a new token backed 1:1 by carbon credits. However, the "Goddess Nature Token" never launched, and after two years, the company decided to refund those who had pre-purchased the token.Southeast Asian ride-hailing platform TADA has announced the launch of its mini-app on Telegram, allowing users to book rides directly within the app and pay using Toncoin or USDT on the TON blockchain. This partnership is crucial for the TON blockchain as it seeks further growth in Southeast Asia.Grayscale, a crypto asset manager, has announced the launch of the first U.S.-based XRP trust, a closed-end fund offering accredited investors direct exposure to XRP. XRP is the native asset of the XRPLedger blockchain, which powers Ripple's cross-border transactions. The company also released a four-phase product lifecycle for the XRP trust, leaving the possibility open for an ETF in the future.Crypto broker Coinbase has announced the launch of its own version of wrapped Bitcoin, the cbBTC token, initially available on the Ethereum and Base networks. The ERC-20 token is backed 1:1 by Bitcoin held at Coinbase and will be usable within decentralized finance (DeFi) applications in both the Ethereum and Base ecosystems.Brokerage firm eToro has agreed to pay $1.5 million to settle charges from the U.S. Securities and Exchange Commission (SEC), which accused the company of operating unlawfully as a broker and clearing agency in its crypto business. In addition to the fine, eToro has removed tokens offered as investment contracts from its platform, leaving only a few assets, including BTC, Bitcoin Cash, and ETH, available for trading.Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true"...

NewsLatin America's largest digital bank, Nubank, has announced that it has halted trading with its own cryptocurrency, Nucoin, and will permanently close it in 15 days. Customers who hold Nucoin will be able to exchange it for BTC or USDC.In the United States, tZero Digital Asset Securities has received the Special Purpose Broker-Dealer (SPBD) license from regulators. With this license, the company has become the second in the country authorized to custody digital asset securities on behalf of retail and institutional clients. Additionally, the company assists private firms in going public through securities offerings.The Artificial Superintelligence (ASI) Alliance, formed by the merger of SingularityNET, Fetch.ai, and Ocean Protocol, has announced that they are holding a community vote on the possibility of expanding the alliance with a fourth member. The vote, scheduled for September 19-24, will decide on the inclusion of Cudos, a decentralized cloud computing provider. If approved, Cudos will merge into the alliance's existing FET token.The United Kingdom government has introduced a bill to Parliament addressing the legal status of digital assets, including cryptocurrencies, NFTs, and tokenized real-world assets (RWAs). According to the proposal, crypto assets would be classified as personal property under UK law. If enacted, the legislation will also provide protection for crypto owners who have fallen victim to fraud.Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true" image_height="200px" date_spacing="0px" date_icon_size="0px" date_icon_color="RGBA(255,255,255,0)" excerpt_spacing_top="0px" author_spacing="0px" author_icon_size="0px" author_icon_color="#ffffff" column_gap_x="30px" column_gap_y="0px" show_avatar="off"...

NewsJapanese gaming blockchain Oasys has partnered with SK Planet, a subsidiary of South Korean telecom giant SK Telecom, with the aim of integrating its 28 million users into Oasys' gaming ecosystem. This partnership gives Oasys significant access to the Korean market. As part of the collaboration, SK Planet will also serve as a validator for the Oasys network.Tokyo Stock Exchange-listed investment firm Metaplanet has announced the purchase of an additional 38.464 bitcoins, valued at approximately 300 million yen (around 2 million USD). This brings the company's total bitcoin holdings to 398.8 BTC. Metaplanet continues to express optimism about Bitcoin, the world’s largest cryptocurrency, in its statements.Spanish telecom giant Telefónica’s digital business unit is integrating Privado ID tools with Polygon's TrustOS blockchain service. This initiative aligns with the European Union's proposed framework aimed at providing citizens, residents, and businesses with a universally recognized digital identity. The goal is to facilitate access to public services and streamline transactions across various sectors.ENS Labs has announced that the payment service providers PayPal and Venmo have integrated the Ethereum Name Service (ENS) into their platforms. ENS is a decentralized naming system built on the Ethereum blockchain, allowing readable names to be assigned to crypto addresses. With this innovation, PayPal and Venmo users can now directly enter the recipient's ENS name when sending crypto assets, and the payment platforms will automatically identify the wallet addresses associated with the ENS names. The service will initially be available only to users in the United States.Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true"...

NewsThe developers of Friend.Tech, a platform that saw immense success last year, have relinquished control over the protocol's smart contracts, effectively halting any future changes. Currently, fees generated from smart contracts and the website no longer flow to the developers' wallets. While the platform still appears to function, the withdrawal of governance makes the implementation of new features unlikely.Fractal Bitcoin has launched its mainnet, offering a new Bitcoin scaling solution that builds on the core codebase. Backed by the wallet provider Unisat, the project aims to differentiate itself from other Bitcoin sidechains by focusing on Bitcoin-native constructs rather than relying on EVM compatibility.Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true" image_height="200px" date_spacing="0px" date_icon_size="0px" date_icon_color="RGBA(255,255,255,0)" excerpt_spacing_top="0px" author_spacing="0px" author_icon_size="0px" author_icon_color="#ffffff" column_gap_x="30px" column_gap_y="0px" show_avatar="off" thumb_size="medium" content_length="120" overlay_icon_color="RGBA(255,255,255,0)" post_bg_color="RGBA(255,255,255,0)" content_bg_color="RGBA(255,255,255,0)" column_count_tablet="2" column_count_phone="1" column_count_last_edited="on|desktop" module_class="remove-pagination" _builder_version="4.24.0" _module_preset="default" title_level="h5" title_text_align="left" title_font_size="16px" title_line_height="28px" excerpt_text_color="rgba(255,255,255,0.4)" excerpt_font_size="12px" excerpt_line_height="24px" author_font="|600|||||||" author_font_size="12px" author_line_height="20px" date_font="|600|||||||" date_text_color="#ffffff" date_font_size="12px" date_line_height="20px" custom_margin="10px||||false|false"...

NewsDeFi protocol Synthetix has announced the launch of its SNAXchain application chain, built on the Optimism Superchain infrastructure. SNAXchain will serve as a neutral hub for governance and protocol decision-making. To manage the network's infrastructure, Synthetix has partnered with Conduit and Wormhole, enabling cross-chain messaging between SNAXchain, Optimism, and the Ethereum mainnet.Roblox Corporation has announced two major updates: developers can now offer paid games for purchase in fiat currency, expanding payment options beyond Robux tokens. Additionally, Roblox has partnered with Shopify, allowing players to purchase physical goods within games, further enhancing the in-game economy.Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true" image_height="200px" date_spacing="0px" date_icon_size="0px" date_icon_color="RGBA(255,255,255,0)" excerpt_spacing_top="0px" author_spacing="0px" author_icon_size="0px" author_icon_color="#ffffff" column_gap_x="30px" column_gap_y="0px" show_avatar="off" thumb_size="medium" content_length="120" overlay_icon_color="RGBA(255,255,255,0)" post_bg_color="RGBA(255,255,255,0)" content_bg_color="RGBA(255,255,255,0)" column_count_tablet="2" column_count_phone="1" column_count_last_edited="on|desktop" module_class="remove-pagination" _builder_version="4.24.0" _module_preset="default" title_level="h5" title_text_align="left" title_font_size="16px" title_line_height="28px" excerpt_text_color="rgba(255,255,255,0.4)" excerpt_font_size="12px" excerpt_line_height="24px" author_font="|600|||||||" author_font_size="12px" author_line_height="20px" date_font="|600|||||||" date_text_color="#ffffff" date_font_size="12px" date_line_height="20px" custom_margin="10px||||false|false"...

NewsAccording to cybersecurity company McAfee, a new Android virus named SpyAgent is capable of stealing private keys stored in screenshots and images on a smartphone’s internal storage. The malware is spread through malicious links sent via text messages. These fake apps disguise themselves as banking, government, or streaming service applications. The virus activates once the infected software is downloaded.U.S. asset manager WisdomTree Investments has announced the withdrawal of its application to register an Ethereum Trust. The company, known for its presence in digital assets, had initially aimed to offer investors easier access to Ethereum through the trust. This decision coincides with VanEck's announcement to close and liquidate its Ethereum futures ETF (EFUT). These withdrawals suggest potential regulatory challenges or market uncertainties surrounding Ethereum-based products in the U.S.Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true" image_height="200px" date_spacing="0px" date_icon_size="0px" date_icon_color="RGBA(255,255,255,0)" excerpt_spacing_top="0px" author_spacing="0px" author_icon_size="0px" author_icon_color="#ffffff" column_gap_x="30px" column_gap_y="0px" show_avatar="off" thumb_size="medium" content_length="120" overlay_icon_color="RGBA(255,255,255,0)" post_bg_color="RGBA(255,255,255,0)" content_bg_color="RGBA(255,255,255,0)" column_count_tablet="2" column_count_phone="1" column_count_last_edited="on|desktop" module_class="remove-pagination" _builder_version="4.24.0" _module_preset="default" title_level="h5" title_text_align="left" title_font_size="16px" title_line_height="28px" excerpt_text_color="rgba(255,255,255,0.4)" excerpt_font_size="12px" excerpt_line_height="24px" author_font="|600|||||||"...

NewsThe EigenLayer restaking platform has announced plans to distribute 86 million EIGEN tokens as part of its second stakedrop round. The allocation will be given to various participants, including stakers, node operators, ecosystem partners, and community members who were active between March 15 and August 15. The distributed tokens will represent approximately 5% of the fully diluted supply.At the large-scale Burning Man event in Nevada, the webcast team used the Livepeer decentralized video streaming project for live broadcasting. The team found that Livepeer offered a more reliable and cost-effective solution compared to traditional cloud providers. By using Livepeer Studio’s decentralized video infrastructure, they were able to provide a seamless stream of the event to a global audience.Three of Japan's megabanks—MUFG, SMBC, and Mizuho—are set to test an international stablecoin transfer platform aimed at facilitating faster cross-border settlements for businesses. The project will be operated by blockchain startup Progmat, in collaboration with Datachain and TOKI, to test cross-chain transactions. The platform will utilize the existing SWIFT API framework for integration.Sonic SVM, a gaming project on the Solana blockchain, has announced the development of its own framework, HyperGrid. To fund this initiative, Sonic plans to leverage the growing fundraising method of node sales. The sale of HyperFuse nodes is scheduled to begin in mid-September.Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true" image_height="200px" date_spacing="0px" date_icon_size="0px" date_icon_color="RGBA(255,255,255,0)" excerpt_spacing_top="0px" author_spacing="0px" author_icon_size="0px" author_icon_color="#ffffff" column_gap_x="30px" column_gap_y="0px"...

NewsThe Future Forward Political Action Committee (PAC) has partnered with Coinbase Commerce to accept crypto donations in support of Kamala Harris's vice-presidential campaign. Future Forward is one of the leading Democrat-aligned PACs, having raised approximately $164 million to date.Bitcoin infrastructure developer Blockstream has announced the launch of the third series of its security token, Blockstream Mining Note 2 (BMN2). BMN2 is an EU-compliant security token that provides exposure to Bitcoin hash rate generated by Blockstream's mining facilities, offered in collaboration with Luxembourg-based virtual asset provider STOKR.Mercuryo, a crypto payment infrastructure platform, has launched its Spend service in Europe, allowing users to create virtual debit Mastercard cards linked to their crypto wallets, integrated with Apple Pay or Google Pay. The card service supports 40 cryptocurrencies for payments across more than 100 million merchants in the Mastercard network.Global travel marketplace Skyscanner has integrated with blockchain-based Travala, enabling hotel bookings in over 100 cryptocurrencies. Travala’s inventory spans more than 2.2 million hotels across 230 countries, with 110 million monthly visitors. This integration gives Travala the opportunity to compete alongside major travel agencies like Expedia and Booking.com.Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true" image_height="200px" date_spacing="0px" date_icon_size="0px" date_icon_color="RGBA(255,255,255,0)" excerpt_spacing_top="0px" author_spacing="0px" author_icon_size="0px" author_icon_color="#ffffff" column_gap_x="30px" column_gap_y="0px" show_avatar="off" thumb_size="medium" content_length="120" overlay_icon_color="RGBA(255,255,255,0)"...

NewsNew details have emerged about World Liberty Financial, the crypto project linked to Donald Trump. According to the whitepaper, the project will be built on the Aave decentralized finance platform and the Ethereum blockchain. It will feature a non-transferable WLFI governance token and a lending protocol.The Penpie DeFi protocol, built on the tokenized yield platform Pendle, suffered a hacker attack, resulting in approximately $27 million in damages. The hacker stole various types of staked ETH, Ethena sUSDE, and wUSDC from the protocol, later converting them to ETH. Following the exploit, Penpie's token, PNP, collapsed.Samsung Next, the investment arm of the South Korean tech giant Samsung, announced an investment in Startale Labs. Startale Labs is developing the Sony Soneium blockchain in collaboration with the Japanese giant Sony. Startale Labs offers services including Astar Network, Soneium, and Startale Cloud Services. Samsung recognizes the effectiveness of the company's solutions in the realm of Web3 technologies.The Elixir modular blockchain project has announced the launch of its v3 testnet, the final version before the mainnet launch. Users can now run verification nodes to ensure the network's security. In July, Elixir also launched a decentralized synthetic U.S. dollar asset, deUSD.Shayne Coplan, CEO of Polymarket, announced that the Bloomberg Terminal has officially integrated Polymarket, the world's largest decentralized prediction market platform. This marks Polymarket's entry into mainstream news and financial sectors.Polygon developers have announced the migration of MATIC tokens to POL. POL is now the new ticker symbol for the native gas and staking token on the Polygon PoS chain. It retains MATIC’s existing tokenomics and the total supply of 10 billion tokens. This transition is a key part of Polygon’s development into a ZK chain and its integration with AggLayer.Leading crypto broker Binance has appointed Grant...

NewsAfter Elon Musk refused to name X's legal representation in Brazil, leading to the platform being banned in the country, Bluesky Social (Bsky), an American decentralized microblogging social platform, gained one million new users. Bluesky is based in the United States and is owned by Jay Graber. It was announced by Jack Dorsey in 2019 and opened to the public in February 2024. Since then, it has boasted over 7.6 million users.During a presentation at the Korean Blockchain Week, Ripple Labs announced that it would soon introduce smart contracts to the XRP Ledger Mainnet, bringing new functionalities to the network for NFTs, AMMs, and decentralized exchanges (DEX). Additionally, they plan to launch an XRPL EVM Sidechain in the coming months to build a versatile ecosystem and announced partnerships with Futureverse AI and Metaverse companies to integrate Ripple Custody.The company behind ZKsync, Matter Labs, has announced that it will be laying off 16% of its workforce, amounting to 24 employees. The decision was made in the interest of efficiency, as part of transitioning to the next phase of decentralization and defining the appropriate roles within the company.Web3 security company Hypernative, which helps identify and prevent hacker attacks, has raised $16 million in a Series A funding round led by Quantstamp. Other supporters included Bloccelerate VC, Boldstart Ventures, Borderless Capital, CMT Digital, IBI Tech Fund, Re7 Capital, and others. The company chose not to disclose its valuation.Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true" image_height="200px" date_spacing="0px" date_icon_size="0px" date_icon_color="RGBA(255,255,255,0)" excerpt_spacing_top="0px" author_spacing="0px" author_icon_size="0px"...

NewsCardano, the layer 1 blockchain founded by Charles Hoskinson, has officially completed the first phase of the Chang hard fork, making it the first major blockchain to transition to a token-based decentralized governance system. Over the next 90 days, Cardano will undergo a complete transformation, after which ownership of the blockchain will be fully transferred to ADA token holders. This upgrade marks Cardano's entry into the final development phase, known as the Voltaire era.The Qatar Financial Centre (QFC) has established a comprehensive framework for the creation and regulation of digital assets. The regulations include the legal recognition of smart contracts, tokenization processes, and the legal acknowledgment of ownership rights over tokens and underlying assets. The framework also covers custodial agreements, transfers, and exchanges, ensuring that the digital asset ecosystem within the QFC is secure, transparent, and compliant with international standards.Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true" image_height="200px" date_spacing="0px" date_icon_size="0px" date_icon_color="RGBA(255,255,255,0)" excerpt_spacing_top="0px" author_spacing="0px" author_icon_size="0px" author_icon_color="#ffffff" column_gap_x="30px" column_gap_y="0px" show_avatar="off" thumb_size="medium" content_length="120" overlay_icon_color="RGBA(255,255,255,0)" post_bg_color="RGBA(255,255,255,0)" content_bg_color="RGBA(255,255,255,0)" column_count_tablet="2" column_count_phone="1" column_count_last_edited="on|desktop" module_class="remove-pagination" _builder_version="4.24.0" _module_preset="default" title_level="h5" title_text_align="left" title_font_size="16px" title_line_height="28px" excerpt_text_color="rgba(255,255,255,0.4)"...

NewsGreg Solano (Garga), CEO of Yuga Labs, announced the upcoming launch of "The Workshop," a program designed to develop innovative on-chain products for ApeChain. The initiative will follow a strategy similar to the one used by the Base blockchain, utilizing rapid product cycles and committing to dismantling unsuccessful projects. The first products from "The Workshop" are expected to roll out on ApeChain soon, hinting at the imminent launch of its mainnet.Two of the hottest platforms in the crypto market today are the Pump.fun memecoin launchpad and the Polymarket decentralized prediction marketplace. Since its launch in January this year, Pump.fun has generated a cumulative revenue of $100 million from over a million memecoins. Meanwhile, Polymarket saw higher trading volumes in August than all NFTs across chains combined, with the number of active traders steadily increasing since May as the 2024 presidential election approaches.Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true" image_height="200px" date_spacing="0px" date_icon_size="0px" date_icon_color="RGBA(255,255,255,0)" excerpt_spacing_top="0px" author_spacing="0px" author_icon_size="0px" author_icon_color="#ffffff" column_gap_x="30px" column_gap_y="0px" show_avatar="off" thumb_size="medium" content_length="120" overlay_icon_color="RGBA(255,255,255,0)" post_bg_color="RGBA(255,255,255,0)" content_bg_color="RGBA(255,255,255,0)" column_count_tablet="2" column_count_phone="1" column_count_last_edited="on|desktop" module_class="remove-pagination" _builder_version="4.24.0" _module_preset="default" title_level="h5" title_text_align="left" title_font_size="16px" title_line_height="28px" excerpt_text_color="rgba(255,255,255,0.4)" excerpt_font_size="12px" excerpt_line_height="24px"...

NewsGnosis Chain, one of Ethereum's oldest sidechains and a fully community-owned network, has announced that its members are reconsidering which asset should be used to pay network gas fees, currently paid in DAI, known as xDAI. Since MakerDAO plans to introduce USDS, a stablecoin that could potentially be frozen, as an optional alternative to DAI, this conflicts with Gnosis' commitment to decentralization. Alternatives under consideration include decentralized stablecoins like RAI and LUSD, or Gnosis' native token, GNO.SafeDAO, which manages a smart account infrastructure securing nearly $60 billion in assets, has announced plans to introduce a licensing fee model for protocols integrated into the Safe Wallet. The proposal, initiated by the Safe Ecosystem Foundation, marks SafeDAO's first step toward monetizing its ecosystem to generate dedicated revenue streams. Initially, the focus would be on monetizing the swaps function within the Safe Wallet, with projected annual revenue of $2.5 million through licensing fees.Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true" image_height="200px" date_spacing="0px" date_icon_size="0px" date_icon_color="RGBA(255,255,255,0)" excerpt_spacing_top="0px" author_spacing="0px" author_icon_size="0px" author_icon_color="#ffffff" column_gap_x="30px" column_gap_y="0px" show_avatar="off" thumb_size="medium" content_length="120" overlay_icon_color="RGBA(255,255,255,0)" post_bg_color="RGBA(255,255,255,0)" content_bg_color="RGBA(255,255,255,0)" column_count_tablet="2" column_count_phone="1" column_count_last_edited="on|desktop" module_class="remove-pagination" _builder_version="4.24.0" _module_preset="default" title_level="h5" title_text_align="left" title_font_size="16px" title_line_height="28px"...

NewsSingapore-based crypto broker Crypto.com has formed a partnership with Standard Chartered to enhance its users' access to U.S. dollars, euros, and UAE dirhams. These new global retail fiat services will be managed from Crypto.com's regional hub in Dubai and will be available in 90 countries.U.S. District Judge Alvin Hellerstein in Manhattan ruled in favor of Elon Musk in a lawsuit accusing him of misleading investors and engaging in insider trading by hyping dogecoin, allegedly causing billions of dollars in losses. The judge stated that Musk's tweets about dogecoin being the future currency of Earth, being able to buy Teslas with it, or flying to the moon with SpaceX were merely aspirational exaggerations, not factual statements containing false information.Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true" image_height="200px" date_spacing="0px" date_icon_size="0px" date_icon_color="RGBA(255,255,255,0)" excerpt_spacing_top="0px" author_spacing="0px" author_icon_size="0px" author_icon_color="#ffffff" column_gap_x="30px" column_gap_y="0px" show_avatar="off" thumb_size="medium" content_length="120" overlay_icon_color="RGBA(255,255,255,0)" post_bg_color="RGBA(255,255,255,0)" content_bg_color="RGBA(255,255,255,0)" column_count_tablet="2" column_count_phone="1" column_count_last_edited="on|desktop" module_class="remove-pagination" _builder_version="4.24.0" _module_preset="default" title_level="h5" title_text_align="left" title_font_size="16px" title_line_height="28px" excerpt_text_color="rgba(255,255,255,0.4)" excerpt_font_size="12px" excerpt_line_height="24px" author_font="|600|||||||" author_font_size="12px" author_line_height="20px" date_font="|600|||||||" date_text_color="#ffffff" date_font_size="12px" date_line_height="20px"...

NewsTelegram CEO Pavel Durov was formally charged by a French court yesterday. He was released on bail set at $5.56 million but is not allowed to leave the country and must report to the French police twice a week. The charges allege his involvement in managing a platform that facilitates illegal transactions for an organized crime group, a crime that carries a maximum sentence of 10 years in prison.The layer-1 blockchain Kaia, developed by Asia's two leading messaging apps, Kakao and LINE, has gone live. According to the announcement, the mainnet is the world's fastest EVM blockchain, offering one-second finality, extremely low gas fees, and support from leading Asian web3 partners. Developers on Kaia can build Telegram-like applications on the LINE messenger platform, which boasts a user base of nearly 250 million.The Renzo Protocol, originally built on Ethereum, has announced the launch of its governance token, REZ, on the Solana blockchain via Wormhole, leveraging its native token transfer framework. This integration expands the reach of Renzo's "liquid restaking token" technology and introduces the protocol to a new user base on Solana.The privacy-focused web browser and search startup Brave has announced layoffs affecting 27 employees, approximately 15% of its workforce. This marks the company's second round of layoffs in the past 10 months. Despite having nearly 80 million monthly active users and being particularly popular in the crypto industry, Brave remains relatively small compared to its larger competitors.Donald Trump has launched his fourth NFT trading card series titled "Series 4: The America First Collection." The series, consisting of 360,000 NFTs, was released on the Polygon network, priced at $99 per NFT. So far, the collection has generated over $2 million in revenue.Transak, a web3 payment infrastructure provider, has partnered with Sony Block Solutions Labs' Ethereum layer 2 network, Soneium, to offer fiat onramp...

NewsAccording to Tonscan on-chain data, The Open Network (TON) was unable to process transactions for over seven hours. The disruption was attributed to abnormal network load caused by the distribution of DOGS tokens, leading to network congestion and a loss of consensus. In response to the outage, Binance and Bybit temporarily suspended deposits and withdrawals on the network. However, the TON blockchain has since recovered and is once again producing blocks normally. Sony, the world's largest media conglomerate, is launching its first test network through its blockchain division, Sony Block Solutions Labs, on the Soneium network. Soneium is an Ethereum layer 2 network built on the Optimism tech stack, offering a cost-effective development environment for consumer-level applications. In the future, the ASTR token will be integrated as a key asset within their EVM-compatible Minato test network.Binance's blockchain network, BNB Chain, has launched the BNB Chain Bridge platform in collaboration with three cross-chain technology providers: Celer, deBridge, and Stargate. The bridge aims to enhance cross-chain interoperability and liquidity within the BNB Chain ecosystem, while also attracting more DeFi projects to the network.Hong Kong's HashKey Exchange has announced it has received approval to list AVAX and LINK crypto assets for retail customers. Previously, only BTC and ETH trading was allowed for non-institutional clients in Hong Kong. Trading for the AVAX/USD and LINK/USD pairs began on Wednesday morning.The U.S. Securities and Exchange Commission (SEC) has issued a Wells Notice to the OpenSea NFT marketplace, signaling that the agency may initiate enforcement action against it. The SEC contends that NFTs on OpenSea are securities, a classification that the platform disputes, arguing that NFTs are artistic creations, collectibles, video game items, domain names, event tickets, and more. In response, OpenSea has offered $5 million to...

NewsThe U.S. Securities and Exchange Commission (SEC) has reached a settlement with Plutus Lending LLC, operating under the name Abra, in a lawsuit initiated in July 2020. The lawsuit alleged that the company offered and sold unregistered crypto asset securities through its yield-generating service, Abra Earn, and operated as an unregistered investment company. Under the settlement, Abra will pay the civil penalties determined by the court and cease such activities.Rhodium Enterprises, a Bitcoin mining company, has voluntarily filed for bankruptcy in the U.S. Bankruptcy Court for the Southern District of Texas, covering the parent company and six subsidiaries. According to the filing, the company's debts range between $50 million and $100 million, while its total assets are estimated to be between $100 million and $500 million. Rhodium's bankruptcy did not come as a surprise to its creditors, as the company had been struggling with financial difficulties for some time.The Maker protocol has officially rebranded itself as Sky and introduced its native governance token, Sky (SKY), as an upgraded version of the MKR token, designed for the broader Sky ecosystem. The DAI stablecoin is also undergoing a transformation and will now be known as USDS. Like MakerDAO, the Sky Protocol will remain decentralized and community-governed, offering users new innovations such as Sky Token Rewards (STRs) and the Sky Savings Rate (SSR).Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true" image_height="200px" date_spacing="0px" date_icon_size="0px" date_icon_color="RGBA(255,255,255,0)" excerpt_spacing_top="0px" author_spacing="0px" author_icon_size="0px" author_icon_color="#ffffff" column_gap_x="30px" column_gap_y="0px" show_avatar="off" thumb_size="medium"...

NewsPavel Durov, the founder and CEO of Telegram, was arrested on Saturday at Paris' Le Bourget airport. The French judiciary argues that the lack of content moderation on Telegram, the platform's failure to cooperate with law enforcement, and certain tools it offers—such as disposable phone numbers and cryptocurrencies—implicate Durov in drug trafficking, child crimes, and other frauds. Many, including the TON blockchain community, American journalist Tucker Carlson, and Elon Musk, have voiced their support for Pavel, emphasizing the importance of freedom of speech and decentralization.Less than 48 hours after Polygon's Discord server was hacked, the official Discord servers of the layer-1 blockchain Avalanche and layer-2 ZKsync were also breached. The hackers shared malicious links on both servers, promising fake, free tokens. The teams are working to restore both servers to normal. Due to the rise in such incidents, increased caution is advised for Discord servers. Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true" image_height="200px" date_spacing="0px" date_icon_size="0px" date_icon_color="RGBA(255,255,255,0)" excerpt_spacing_top="0px" author_spacing="0px" author_icon_size="0px" author_icon_color="#ffffff" column_gap_x="30px" column_gap_y="0px" show_avatar="off" thumb_size="medium" content_length="120" overlay_icon_color="RGBA(255,255,255,0)" post_bg_color="RGBA(255,255,255,0)" content_bg_color="RGBA(255,255,255,0)" column_count_tablet="2" column_count_phone="1" column_count_last_edited="on|desktop" module_class="remove-pagination" _builder_version="4.24.0" _module_preset="default" title_level="h5" title_text_align="left" title_font_size="16px" title_line_height="28px" excerpt_text_color="rgba(255,255,255,0.4)"...

NewsInstitutional asset manager Bitgo has announced plans to transfer control of WBTC (Wrapped Bitcoin) to a joint venture with BiT Global. This move will result in the custodial oversight being shared across multiple jurisdictions, including Hong Kong and Singapore, rather than being solely U.S.-based. As part of this transition, they are partnering with Justin Sun and the Tron ecosystem, giving him substantial influence over the joint venture managing WBTC.The Federal Reserve has initiated enforcement action against Customers Bancorp, one of the few crypto-friendly banks in the United States. The FED's 13-page enforcement order requires the bank to provide 30 days' notice before establishing any new banking relationships with crypto-related companies. This requirement enables the FED to control access to banking services, effectively deciding who can open accounts and who cannot, thereby significantly restricting the operational capabilities of crypto companies.Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true" image_height="200px" date_spacing="0px" date_icon_size="0px" date_icon_color="RGBA(255,255,255,0)" excerpt_spacing_top="0px" author_spacing="0px" author_icon_size="0px" author_icon_color="#ffffff" column_gap_x="30px" column_gap_y="0px" show_avatar="off" thumb_size="medium" content_length="120" overlay_icon_color="RGBA(255,255,255,0)" post_bg_color="RGBA(255,255,255,0)" content_bg_color="RGBA(255,255,255,0)" column_count_tablet="2" column_count_phone="1" column_count_last_edited="on|desktop" module_class="remove-pagination" _builder_version="4.24.0" _module_preset="default" title_level="h5" title_text_align="left" title_font_size="16px" title_line_height="28px" excerpt_text_color="rgba(255,255,255,0.4)" excerpt_font_size="12px"...

NewsTether plans to double its current workforce by mid-2025. The largest stablecoin issuer, with a market capitalization exceeding $115 billion, has operated with a relatively small team. Currently, their workforce consists of about 100 employees spread across 50 countries. However, next year, they intend to focus heavily on development, investments, and compliance standards. Regarding their presence in the EU, Tether's CEO, Paolo Ardoino, mentioned that the recently adopted MiCA regulations pose a threat to both banks and stablecoin issuers. As a result, they are currently only engaged in discussions with regulatory authorities.Solana's developers, validators, and client teams quietly coordinated to address a critical vulnerability by securing the majority of the network's stakes before publicly disclosing the issue. The fix allowed operators to independently verify and apply the necessary changes. The vulnerability was disclosed after 70% of the network implemented the fix, and Solana Labs issued a statement urging the remaining operators to update their systems.Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true" image_height="200px" date_spacing="0px" date_icon_size="0px" date_icon_color="RGBA(255,255,255,0)" excerpt_spacing_top="0px" author_spacing="0px" author_icon_size="0px" author_icon_color="#ffffff" column_gap_x="30px" column_gap_y="0px" show_avatar="off" thumb_size="medium" content_length="120" overlay_icon_color="RGBA(255,255,255,0)" post_bg_color="RGBA(255,255,255,0)" content_bg_color="RGBA(255,255,255,0)" column_count_tablet="2" column_count_phone="1" column_count_last_edited="on|desktop" module_class="remove-pagination" _builder_version="4.24.0" _module_preset="default" title_level="h5" title_text_align="left"...

NewsThe Cboe, joining three other exchanges, withdrew its option listing application for spot Bitcoin ETFs late Thursday, only to submit a significantly longer and more detailed application shortly afterward. This maneuver clearly indicates that the U.S. Securities and Exchange Commission (SEC) is involved in the process. According to James Seyffart, an analyst at Bloomberg Intelligence, options for spot Bitcoin ETFs are expected to become available in the fourth quarter of this year.The Democratic branch of the crypto industry has also begun vying for the votes of crypto enthusiasts, leading to the creation of a new Kamala Harris-supporting advocacy group called "Crypto for Harris." Among its members are left-leaning billionaire entrepreneur and crypto advocate Mark Cuban, SkyBridge Capital founder and Trump critic Anthony Scaramucci, as well as a handful of Democratic members of the House of Representatives.Modular data infrastructure provider Covalent has announced a strategic partnership with the Sei blockchain. The integration of Covalent's GoldRush stack into Sei's high-speed environment will enable more blockchain innovations while providing an efficient developer environment. Additionally, this partnership further strengthens Covalent's commitment to building a robust data infrastructure.Ripple has started testing its stablecoin, Ripple USD (RLUSD), on two blockchain networks, the XRP Ledger and Ethereum. Currently, the RLUSD has not yet received regulatory approval, so it is not available for commercial use. According to Monica Long, Ripple's president, the stablecoin will complement XRP's functions in the future.Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true" image_height="200px" date_spacing="0px" date_icon_size="0px"...

NewsIn a recent court ruling, Judge Analisa Torres ordered Ripple Labs Inc. to pay a $125 million civil penalty as part of its ongoing legal battle with the U.S. Securities and Exchange Commission (SEC). The fine is related to the sale of XRP tokens to institutional investors. This penalty is significantly lower than the $2 billion the SEC had sought for violations of federal securities laws.The Democratic branch of the crypto industry has also begun vying for the votes of crypto enthusiasts, leading to the creation of a new Kamala Harris-supporting advocacy group called "Crypto for Harris." Among its members are left-leaning billionaire entrepreneur and crypto advocate Mark Cuban, SkyBridge Capital founder and Trump critic Anthony Scaramucci, as well as a handful of Democratic members of the House of Representatives.The NEAR Foundation, the nonprofit organization behind the NEAR blockchain, has announced the activation of Chain Signatures on its mainnet. This feature, which has been in testing since March, allows users with NEAR accounts to sign transactions across supported blockchains without the need for cross-chain bridges. This innovation makes applications faster and easier to use.A U.S. judge has approved a $12.7 billion settlement agreement between FTX, Alameda Research, and the U.S. Commodity Futures Trading Commission (CFTC). As a result, the defunct FTX crypto broker and its affiliated trading firm Alameda Research must pay a total of $12.7 billion in compensation to those who suffered losses due to violations of commodity trading laws.Franklin Templeton, in collaboration with the Arbitrum Foundation, has launched its OnChain U.S. Government Money Fund (FOBXX) on the Arbitrum network. Investors can gain exposure to the fund through the asset manager's Benji Investments platform using BENJI tokens. Initially launched on the Stellar blockchain, the fund expanded to Polygon in April, with plans to integrate more networks in the...

NewsCurio, a gaming studio building infrastructure for on-chain crypto games, has announced a successful $5.7 million funding round led by OKX Ventures, Bain Capital Crypto, and SevenX Ventures. Additionally, the studio has launched its flagship strategy game, Duper, on the Arbitrum One network.The Mysticeti consensus protocol, based on Directed Acyclic Graphs (DAG), has been deployed on the Sui mainnet. According to the announcement, this upgrade reduces consensus latency to 390 milliseconds, making Sui one of the fastest consensus layers in the industry. Mysticeti’s rapid transaction processing capabilities will now be extended to all transaction types on the Sui network.Crypto asset manager Grayscale has announced the launch of two new investment crypto funds: the Grayscale Bittensor Trust and the Grayscale Sui Trust. The Grayscale Bittensor Trust invests in TAO, the native token of Bittensor, which is central to the growth of decentralized artificial intelligence. The Grayscale Sui Trust focuses exclusively on SUI, the token of the Sui protocol that is redefining smart contract blockchains. With these two new products, Grayscale has expanded its list of investment offerings to 20.Donald Trump's two sons have joined the crypto bandwagon, teasing a major upcoming project that promises to shake up the crypto world. With a post stating, "Decentralized finance is the future, don't miss out," accompanied by the hashtag "BeDeFiant," they have stirred excitement among crypto enthusiasts. It appears that their announcements may be related to trademarks involving the term "World Liberty."Binance Labs, the venture capital and incubation arm of Binance, has announced an investment in the Solayer project, a Solana restaking protocol. Currently ranked as the 13th largest Solana protocol according to DeFiLlama, Solayer has attracted attention for its potential in the expanding restaking protocol space.Ethena Labs, the team behind the USDe...

NewsLondon-based Capula Investment Management has reported holding $464 million worth of shares in spot Bitcoin ETFs issued by BlackRock and Fidelity. As Europe's fourth-largest hedge fund, Capula manages approximately $30 billion in assets. The financial report reflects the firm's holdings as of the end of the second quarter.The Ronin crypto bridge service has been temporarily shut down following a whitehat attack in which $9 million worth of tokens were removed from the platform. According to a statement from the Ronin Network, the bridge will remain paused while they investigate the whitehats' report on a potential MEV (Miner Extractable Value) exploit. The bridge currently secures over $850M which is safe.The Starknet Foundation has announced that Diego Oliva has resigned from his position as CEO, a role he has held since March 2023. James Strudwick, who has been with the foundation since January 2024, will take over as CEO. According to the announcement, Oliva will stay on for a short period to assist with the transition.Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true" image_height="200px" date_spacing="0px" date_icon_size="0px" date_icon_color="RGBA(255,255,255,0)" excerpt_spacing_top="0px" author_spacing="0px" author_icon_size="0px" author_icon_color="#ffffff" column_gap_x="30px" column_gap_y="0px" show_avatar="off" thumb_size="medium" content_length="120" overlay_icon_color="RGBA(255,255,255,0)" post_bg_color="RGBA(255,255,255,0)" content_bg_color="RGBA(255,255,255,0)" column_count_tablet="2" column_count_phone="1" column_count_last_edited="on|desktop" module_class="remove-pagination" _builder_version="4.24.0" _module_preset="default" title_level="h5" title_text_align="left" title_font_size="16px" title_line_height="28px"...

NewsGibraltar-based crypto-friendly Xapo Bank has received its banking license in the United Kingdom and is now offering new banking services for users who wish to hold Bitcoin. According to the announcement, the bank is the first to launch a combined interest-bearing U.S. dollar and Bitcoin bank account, allowing customers to use it just like a regular bank account.The hybrid perpetual decentralized trading protocol X10, developed by former Revolut employees, has announced its launch on the StarkEx Layer-2 network. X10 has also created an intuitive trading mini-app for Telegram, allowing users to trade directly within the messaging app. To further enhance liquidity, X10 offers a transparent market maker program open to everyone, in collaboration with global fintech partners.Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true" image_height="200px" date_spacing="0px" date_icon_size="0px" date_icon_color="RGBA(255,255,255,0)" excerpt_spacing_top="0px" author_spacing="0px" author_icon_size="0px" author_icon_color="#ffffff" column_gap_x="30px" column_gap_y="0px" show_avatar="off" thumb_size="medium" content_length="120" overlay_icon_color="RGBA(255,255,255,0)" post_bg_color="RGBA(255,255,255,0)" content_bg_color="RGBA(255,255,255,0)" column_count_tablet="2" column_count_phone="1" column_count_last_edited="on|desktop" module_class="remove-pagination" _builder_version="4.24.0" _module_preset="default" title_level="h5" title_text_align="left" title_font_size="16px" title_line_height="28px" excerpt_text_color="rgba(255,255,255,0.4)" excerpt_font_size="12px" excerpt_line_height="24px" author_font="|600|||||||" author_font_size="12px" author_line_height="20px" date_font="|600|||||||" date_text_color="#ffffff" date_font_size="12px"...

NewsFrance's financial markets regulator has started accepting applications from crypto asset service providers (CASPs) as part of the country's preparations for the Markets in Crypto-Assets (MiCA) regulations. Starting December 30, companies offering any of the ten crypto services will be required to hold a unified license to operate. This license will also serve as a European "passport," allowing companies to operate in other EU countries. Firms have until July 1, 2026, to transition to the CASP license.Mempool.space has launched an off-chain accelerator aimed at speeding up Bitcoin transactions. This new system operates outside the main blockchain and is designed to help users process "stuck" transactions, subject to an additional miner fee and service charge. Fees can be paid in Bitcoin via the Lightning Network or in fiat currency through Cash App, Apple Pay, or Google Pay.Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true" image_height="200px" date_spacing="0px" date_icon_size="0px" date_icon_color="RGBA(255,255,255,0)" excerpt_spacing_top="0px" author_spacing="0px" author_icon_size="0px" author_icon_color="#ffffff" column_gap_x="30px" column_gap_y="0px" show_avatar="off" thumb_size="medium" content_length="120" overlay_icon_color="RGBA(255,255,255,0)" post_bg_color="RGBA(255,255,255,0)" content_bg_color="RGBA(255,255,255,0)" column_count_tablet="2" column_count_phone="1" column_count_last_edited="on|desktop" module_class="remove-pagination" _builder_version="4.24.0" _module_preset="default" title_level="h5" title_text_align="left" title_font_size="16px" title_line_height="28px" excerpt_text_color="rgba(255,255,255,0.4)" excerpt_font_size="12px" excerpt_line_height="24px" author_font="|600|||||||" author_font_size="12px"...

NewsCrypto lender Genesis Global and its affiliated entities have announced the completion of their restructuring process under bankruptcy proceedings and will begin distributing $4 billion worth of digital assets among the remaining creditors. On average, Genesis victims will recover about 64% of their crypto assets, though the exact percentage varies depending on the specific coin.The U.S. Commodity Futures Trading Commission (CFTC) has issued a subpoena to Ben "BitBoy" Armstrong's company, Hit Network, as part of an investigation into fraudulent crypto activities. The CFTC has demanded that Armstrong provide all information related to activities involving 15 tokens promoted in his YouTube videos, including the BEN memecoin associated with him. This investigation is part of a broader effort to crack down on individuals involved in crypto-related fraud and related illegal conduct.Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true" image_height="200px" date_spacing="0px" date_icon_size="0px" date_icon_color="RGBA(255,255,255,0)" excerpt_spacing_top="0px" author_spacing="0px" author_icon_size="0px" author_icon_color="#ffffff" column_gap_x="30px" column_gap_y="0px" show_avatar="off" thumb_size="medium" content_length="120" overlay_icon_color="RGBA(255,255,255,0)" post_bg_color="RGBA(255,255,255,0)" content_bg_color="RGBA(255,255,255,0)" column_count_tablet="2" column_count_phone="1" column_count_last_edited="on|desktop" module_class="remove-pagination" _builder_version="4.24.0" _module_preset="default" title_level="h5" title_text_align="left" title_font_size="16px" title_line_height="28px" excerpt_text_color="rgba(255,255,255,0.4)" excerpt_font_size="12px" excerpt_line_height="24px" author_font="|600|||||||" author_font_size="12px"...

NewsDubai-based crypto broker Bybit has announced its exit from the French market, ceasing to offer its products and services in the country. The company cited difficulties in obtaining the necessary licenses following the tightening of regulations in August 2023, in compliance with the European Union's Markets in Crypto-Assets (MiCA) framework. French users have until August 13 to close all positions, after which only asset and fund withdrawals will be permitted.Ribbit Capital led a $50 million funding round for decentralized lending developer Morpho Labs, with participation from other investors including Coinbase Ventures, Brevan Howard, and Kraken Ventures. Morpho Labs' initial product, the Morpho Optimizer, enhanced available interest rates for Aave and Compound users but has since evolved into an independent financial infrastructure layer. Their latest product, Morpho Blue, a decentralized lending protocol, now boasts over $1.5 billion in Total Value Locked (TVL).MicroStrategy announced on Thursday that it has purchased an additional 12,222 bitcoins for $805.2 million since the start of the second quarter. The company also introduced a new key performance indicator for its bitcoin strategy. MicroStrategy's total bitcoin holdings now stand at 226,500, acquired at a total cost of $8.3 billion, averaging $36,821 per bitcoin.TokenPocket Wallet, a cryptocurrency wallet with over 25 million users, has announced a new feature that allows users to pay gas fees on the Tron blockchain in USDT instead of TRX. When initiating a transaction, TokenPocket Wallet will automatically use USDT to cover the gas fees. This automation eliminates the need for users to maintain a separate TRX balance for transactions, making the process smoother and more efficient.Following the recent merger of AI-focused ventures Fetch.ai, SingularityNET, and Ocean Protocol, the open-source Lumerin protocol has announced a partnership with Morpheus and Exabits to create a...

NewsThe messaging platform Telegram has launched an in-app browser that supports decentralized websites hosted on the TON network, along with the introduction of a mini-app store. Users can now switch between websites and the platform's messaging features, making Web3 instantly accessible to nearly one billion monthly users.The Bank for International Settlements (BIS) and the Bank of England have announced their latest project, Project Pyxtrial, which aims to track the reserves of asset-backed stablecoins and tokenized assets. The system operates as a proof-of-concept and requires collaboration among regulators, engineers, and issuers. However, it is not yet fully ready, as the "world is not yet prepared" for its implementation.OKX’s venture capital arm and the Aptos Foundation, the organization behind the Aptos Layer 1 blockchain, have launched a $10 million ecosystem growth fund. The initiative aims to accelerate Aptos' growth and promote the widespread adoption of Web3 technologies. The fund will primarily support an accelerator program run in partnership with Ankaa, focusing on high-quality projects and applications built on the blockchain.The Telegram clicker game Notcoin has announced a new story-driven game in collaboration with The Open Network (TON) NFT project, Lost Dogs. In this game, players will vote daily on decisions that shape the narrative of Lost Dogs over six weeks. As the game progresses, characters based on the Lost Dogs NFT collection will acquire special abilities and may even become "celebrities."Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true" image_height="200px" date_spacing="0px" date_icon_size="0px" date_icon_color="RGBA(255,255,255,0)" excerpt_spacing_top="0px" author_spacing="0px" author_icon_size="0px"...

NewsThe Lava Network, founded in 2022, has officially launched its modular blockchain, designed to facilitate the retrieval and transmission of blockchain data for other projects via RPC (Remote Procedure Call). The project has garnered support from prominent names such as the Filecoin Network, Starknet Foundation, and Cosmos Hub. Alongside the mainnet launch, the network conducted an airdrop of 55 million LAVA tokens to its community.Today marks the debut of Grayscale Investments' latest product, the Grayscale Bitcoin Mini Trust, which trades under the ticker "BTC" on the NYSE Arca exchange. This new trust was approved by the U.S. Securities and Exchange Commission (SEC) last week and is essentially a "spin-off" of the larger Grayscale Bitcoin Trust (GBTC). The Grayscale Bitcoin Mini Trust offers a more accessible entry point for investors, with Grayscale allocating a portion of the Bitcoin held in the GBTC to this new mini trust. GBTC shareholders will also receive shares in the Mini Trust proportionate to their existing holdings.Daylight, a decentralized physical infrastructure network (DePIN) project focused on energy distribution, has raised $9 million in a Series A funding round led by the crypto branch of venture capital firm a16z. The project is known to be building its protocol on Base, an Ethereum Layer 2 network incubated by Coinbase, and the testnet is already live. With this recent fundraising, the total funding has reached $13 million.Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true" image_height="200px" date_spacing="0px" date_icon_size="0px" date_icon_color="RGBA(255,255,255,0)" excerpt_spacing_top="0px" author_spacing="0px" author_icon_size="0px" author_icon_color="#ffffff" column_gap_x="30px" column_gap_y="0px"...

NewsNetherlands-based One Trading has received its trading license from the Dutch Financial Markets Authority (AFM), enabling the platform to introduce several new products in Europe, including crypto futures trading. One Trading will be the first regulated European derivatives crypto broker open to retail clients.The U.S. Securities and Exchange Commission (SEC) has informed Binance that it is seeking permission to amend its complaint to remove references to SOL, ADA, MATIC, FIL, ATOM, SAND, MANA, ALGO, AXS, and COTI as securities. This step aims to avoid a court decision on the sufficiency of the claims regarding these tokens, indicating that they are not considered securities.The Ethereum layer-2 StarkNet derivative protocol, ZKX, has announced its shutdown due to low user engagement and insufficient revenue to cover operating costs. Additionally, flawed tokenomics resulted in a continuous decline in token value. ZKX, once the leading project on StarkNet, had received investments from over a dozen venture capitalists, including Huobi Ventures, Crypto.com, and Hashkey.The latest game from Yuga Labs-supported NFT gaming company, Otherside, launched last weekend but received mixed reviews. Project Dragon, a shooter game developed by a team backed with $450 million, faced numerous bugs, including aiming lag and general gameplay issues. Many players reported that the game was not enjoyable, leading to widespread disappointment.Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true" image_height="200px" date_spacing="0px" date_icon_size="0px" date_icon_color="RGBA(255,255,255,0)" excerpt_spacing_top="0px" author_spacing="0px" author_icon_size="0px" author_icon_color="#ffffff" column_gap_x="30px" column_gap_y="0px" show_avatar="off"...

NewsSlovenia has issued its first digital state bond worth €30 million as part of the European Central Bank's payment trial program. The four-month bonds, maturing on November 25, come with an interest rate of 3.65%. Settlement was carried out through the Bank of France's tokenized cash system, utilizing central bank digital currency (CBDC).21Shares has integrated the industry-standard Chainlink Proof of Reserve on the Ethereum mainnet to enhance transparency for the physical ETH reserves backing its 21Shares Core Ethereum ETF (CETH). This solution provides real-time reserve data publicly available through an off-chain feed directly sourced from Coinbase, ensuring asset integrity and building investor trust.DigitalX, the issuer of Australia's second spot BTC ETF, the DigitalX Bitcoin ETF (BTXX), has announced that it has chosen U.S. crypto broker Coinbase for custodial services for its spot Bitcoin ETF. This new partnership significantly expands Coinbase's role in managing global Bitcoin exchange-traded funds (ETFs).Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true" image_height="200px" date_spacing="0px" date_icon_size="0px" date_icon_color="RGBA(255,255,255,0)" excerpt_spacing_top="0px" author_spacing="0px" author_icon_size="0px" author_icon_color="#ffffff" column_gap_x="30px" column_gap_y="0px" show_avatar="off" thumb_size="medium" content_length="120" overlay_icon_color="RGBA(255,255,255,0)" post_bg_color="RGBA(255,255,255,0)" content_bg_color="RGBA(255,255,255,0)" column_count_tablet="2" column_count_phone="1" column_count_last_edited="on|desktop" module_class="remove-pagination" _builder_version="4.24.0" _module_preset="default" title_level="h5" title_text_align="left" title_font_size="16px" title_line_height="28px"...

NewsAt the Bitcoin 2024 conference held in Nashville, Donald Trump promised in his speech that if elected, he would fully support the American crypto-asset industry, aiming to make the USA the world's leading crypto superpower. Additionally, he vowed to fire SEC Chairman Gary Gensler and prevent the United States from selling its bitcoin holdings, which he envisions as a strategic bitcoin reserve for the future. He also reiterated his previous promises to reduce the sentence of Silk Road founder Ross Ulbricht and to halt the further development of the central bank digital currency (CBDC) by the American government, as well as to support the development of stablecoins and bitcoin mining in the country.At the same Bitcoin 2024 event, Howard Lutnick, CEO of Cantor Fitzgerald, announced the firm’s plans to launch a Bitcoin financing division with an initial funding of $2 billion. The division will offer leverage to investors holding digital assets. Lutnick emphasized that Bitcoin should be traded globally like gold, without exceptions or restrictions.Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true" image_height="200px" date_spacing="0px" date_icon_size="0px" date_icon_color="RGBA(255,255,255,0)" excerpt_spacing_top="0px" author_spacing="0px" author_icon_size="0px" author_icon_color="#ffffff" column_gap_x="30px" column_gap_y="0px" show_avatar="off" thumb_size="medium" content_length="120" overlay_icon_color="RGBA(255,255,255,0)" post_bg_color="RGBA(255,255,255,0)" content_bg_color="RGBA(255,255,255,0)" column_count_tablet="2" column_count_phone="1" column_count_last_edited="on|desktop" module_class="remove-pagination" _builder_version="4.24.0" _module_preset="default" title_level="h5" title_text_align="left" title_font_size="16px"...

NewsThe U.S. Securities and Exchange Commission (SEC) has approved Grayscale's second spot Bitcoin exchange-traded fund (ETF), the Grayscale Bitcoin Mini Trust, for listing on the New York Stock Exchange's Arca electronic trading platform. Trading under the BTC ticker, this product will feature a management fee of only 0.15%. On July 31, Grayscale will transfer 10% of the Bitcoin held by the Grayscale Bitcoin Trust (GBTC) to the Mini Trust. Current GBTC shareholders will receive proportional shares in the Mini Trust based on their holdings in GBTC.Ethereum core developer Peter Szilágyi has voiced strong criticism against the proposed PeerDAS update. According to Szilágyi, the update would hinder home stakers, typically those with simpler computing setups, from participating in the Ethereum network. „Ethereum research is murdering home stakers live in front of everybody," Szilágyi wrote on the social media platform X. "This is not something I signed up for when joining Ethereum." He added, "at this point I'd be happy to proven otherwise, but I feel Ethereum is losing the plot. The research team fully embraced the idea to centralise everything as long as it can be verified. Which is a cute charade: decentralised validation but centralised control."Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true" image_height="200px" date_spacing="0px" date_icon_size="0px" date_icon_color="RGBA(255,255,255,0)" excerpt_spacing_top="0px" author_spacing="0px" author_icon_size="0px" author_icon_color="#ffffff" column_gap_x="30px" column_gap_y="0px" show_avatar="off" thumb_size="medium" content_length="120" overlay_icon_color="RGBA(255,255,255,0)" post_bg_color="RGBA(255,255,255,0)" content_bg_color="RGBA(255,255,255,0)" column_count_tablet="2"...

NewsThe mayor of Jersey City, New Jersey, has announced that a portion of the city's pension fund will be invested in Bitcoin ETFs, with the process expected to be completed by the end of the summer. This move follows Wisconsin's announcement in May that it holds $163 million worth of spot Bitcoin ETFs.Cardano's ecosystem organization, Intersect, has announced the introduction of Node 9.1.0. This update is described as the final version before achieving on-chain decision-making capabilities. This step advances Cardano's self-sustaining governance ecosystem and serves as a precursor to the Chang Hard Fork.StarkWare, the developer behind Ethereum's layer 2 solution Starknet, has announced a collaboration with Informal Systems to integrate the Cosmos-based Inter-Blockchain Communication (IBC) protocol. This integration will allow Starknet to connect with any IBC-compatible chain, including all chains within the Cosmos ecosystem and other compatible networks outside of it.BitFlyer Holdings has announced the completion of its acquisition of FTX Japan. The new business division plans to offer crypto custody solutions for institutional investors and aims to launch potential crypto-based exchange-traded funds (ETFs) in the future.Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true" image_height="200px" date_spacing="0px" date_icon_size="0px" date_icon_color="RGBA(255,255,255,0)" excerpt_spacing_top="0px" author_spacing="0px" author_icon_size="0px" author_icon_color="#ffffff" column_gap_x="30px" column_gap_y="0px" show_avatar="off" thumb_size="medium" content_length="120" overlay_icon_color="RGBA(255,255,255,0)" post_bg_color="RGBA(255,255,255,0)" content_bg_color="RGBA(255,255,255,0)" column_count_tablet="2" column_count_phone="1"...

NewsThe Bitcoin rollup protocol, BitcoinOS (BOS), has successfully executed the first zero-knowledge proof (ZK-proof) on the Bitcoin mainnet. This milestone represents a new era for the Bitcoin ecosystem and decentralized applications, enabling enhanced functionality and scalability on the Bitcoin mainnet without requiring modifications to the blockchain's base layer.HSBC's Australian division has informed its customers that it will block payments to crypto platforms. By doing so, HSBC joins a group of banks citing fraud prevention as the reason for avoiding the crypto industry. A year ago, Australia's four major banks—Commonwealth Bank, National Australia Bank, Westpac, and Australia and New Zealand Banking Group (ANZ)—also ceased supporting such transactions.Riot Platforms, a leading U.S. Bitcoin mining company, has announced its acquisition of Block Mining, a Kentucky-based mining firm, for $92.5 million. The purchase price includes $18.5 million in cash and $74 million in Riot common stock. This acquisition immediately boosts Riot's hashrate, as Block Mining operates two facilities in Kentucky with a combined capacity of 60 megawatts.The core team of the TON blockchain, in collaboration with Tonkeeper, has launched the W5 smart wallet standard, promising gas-free transactions on The Open Network (TON) blockchain. The upgrade to existing wallet-smart contracts allows users to pay gas fees with Tether for USDT transfers and with NOT for Notcoin transfers, reducing barriers for new users. The W5 smart wallet is now live in Tonkeeper and will soon be integrated into TON Space and MyTonWallet.AtariX, the web3 initiative of the pioneering video game company Atari, has partnered with the Base layer 2 blockchain team to bring the classic arcade game Asteroids to the blockchain. Asteroids, a multi-directional shooter space game released in 1979, will be among the first classic games to be playable through Base. Atari plans to bring more of its...

NewsOn their first trading day, the nine U.S. spot Ethereum ETFs recorded a net inflow of $106.7 million, with a total trading volume exceeding $1 billion. Notably, the Grayscale Ethereum Trust (ETHE) experienced a net outflow of $484.1 million. Among the inflows, Blackrock's ETHA led with $266.55 million, followed by Bitwise's ETHW at $204 million, Fidelity's FETH at $71.31 million, and the Grayscale Ethereum Mini Trust at $15.15 million.Lightning Labs has announced the release of Taproot Assets v0.4 on the mainnet, enabling the minting of digital assets such as stablecoins on Bitcoin. This version supports the Lightning Network, offering a cheaper and more secure settlement option for stablecoin users on the Bitcoin blockchain.Pavel Durov, CEO of the popular messaging app Telegram, announced that the tap-to-earn crypto game Catizen, backed by Binance Labs, has generated $16 million in revenue from in-app purchases. With over 26 million players worldwide, Catizen has decided to donate 1% of its revenue to rescuing stray cats.Luxury sports car giant Ferrari has extended its cryptocurrency payment option to Europe following its success in the U.S. Ferrari's European dealership network will start accepting crypto payments for their cars from the end of July. The company has partnered with BitPay to facilitate payments in Bitcoin (BTC), Ethereum (ETH), and USD Coin (USDC).The Russian parliament has passed a bill allowing the use of cryptocurrency transactions for international payments to maintain trade flow. Russia needs to expedite the development of its crypto payments infrastructure, as businesses require solutions, especially in cases involving sanctions, to access international markets using methods other than traditional ones.Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3"...

NewsHIVE Digital Technologies, a cryptocurrency mining company, has announced plans to build a new 100-megawatt (MW) mining facility in Paraguay. This new facility is expected to increase their Bitcoin mining capacity by an additional 6.5 Exahash per second (EH/s), bringing their total global EH/s to 12.1 EH/s. HIVE currently operates data centers in Canada, Sweden, and Iceland.The U.S. Securities and Exchange Commission (SEC) has approved the launch of spot Ethereum exchange-traded funds (ETFs), with trading starting on July 23. Nine funds will begin trading, providing both institutional and retail investors the opportunity to purchase the second-largest cryptocurrency. ETH (ether) has a market capitalization of $400 billion and is the only token besides Bitcoin to have futures contracts traded on the CME exchange.Marathon Digital, one of the largest Bitcoin mining companies, has been fined $138 million following a lawsuit filed by Michael Ho, co-founder of US Bitcoin Corp and strategic leader at Hut 8 mining company. The lawsuit claims that Marathon failed to compensate them for proprietary information shared, thereby breaching their non-circumvention agreement.SingularityNET (AGIX), the world's first decentralized artificial intelligence network, has invested $53 million in a modular supercomputer. This supercomputer is planned to serve decentralized artificial general intelligence (AGI) and will be the first of its kind dedicated to AGI and artificial superintelligence research.The Noble blockchain and Ondo Finance teams have announced the launch of the Ondo US Dollar Yield (USDY) stablecoin on Cosmos. The USDY is a tokenized note backed by short-term U.S. Treasury bills and U.S. bank demand deposits, making it the first native yield-bearing dollar stablecoin in the ecosystem. With this launch, USDY will be accessible on networks such as Injective, Osmosis, Kujira, and Pyth.Related categories RecommendedYou...

NewsAnimoca Brands has announced a partnership between its two subsidiaries, the blockchain-based identity project Mocaverse and the MOCA Foundation, which oversees the MOCA token, with the TON Foundation. This collaboration will connect the two ecosystems and facilitate token exchanges to boost user activity between them. TON's vision of freedom in interactions strategically aligns with Animoca Brands' mission to promote digital ownership.CSOP Asset Management, one of China's largest asset managers, has launched Asia's first inverse Bitcoin futures product in Hong Kong, named the CSOP Bitcoin Future Daily (-1x) Inverse Product. The fund aims to provide investors with a method to profit from declines in Bitcoin's price. This product offers an investment opportunity that corresponds to the inverse daily performance of the S&P Bitcoin Futures index.Web3 gaming infrastructure startup NPC Labs has secured $21 million in funding from Pantera Capital, Hashed, and other investors. Founded in April this year by three former Coinbase employees, NPC Labs aims to expand the adoption of on-chain gaming through its B3.fun platform built on the Base blockchain.The Noble blockchain and Ondo Finance teams have announced the launch of the Ondo US Dollar Yield (USDY) stablecoin on Cosmos. The USDY is a tokenized note backed by short-term U.S. Treasury bills and U.S. bank demand deposits, making it the first native yield-bearing dollar stablecoin in the ecosystem. With this launch, USDY will be accessible on networks such as Injective, Osmosis, Kujira, and Pyth.Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true" image_height="200px" date_spacing="0px" date_icon_size="0px" date_icon_color="RGBA(255,255,255,0)" excerpt_spacing_top="0px" author_spacing="0px"...

NewsGalaxy Digital Holdings (GLXY), led by Michael Novogratz, announced the acquisition of blockchain node operator CryptoManufaktur (CMF), including all its assets, as well as its operational and engineering teams. This acquisition aims to enhance Galaxy Digital's role in Ethereum staking, part of a broader effort to become a leading player in the blockchain infrastructure business.South Korea's first crypto regulatory framework has fully come into effect after a one-year grace period. Local crypto trading platforms are now required to hold at least 80% of user deposits in cold wallets, separate from their own funds. Cash deposits must be delegated to licensed banks, and platforms must maintain crypto-asset reserves equivalent in amount and type to customer deposits. Additionally, crypto businesses operating in the country must now have adequate insurance or create a reserve fund to prepare for hacks or liquidity crises.Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true" image_height="200px" date_spacing="0px" date_icon_size="0px" date_icon_color="RGBA(255,255,255,0)" excerpt_spacing_top="0px" author_spacing="0px" author_icon_size="0px" author_icon_color="#ffffff" column_gap_x="30px" column_gap_y="0px" show_avatar="off" thumb_size="medium" content_length="120" overlay_icon_color="RGBA(255,255,255,0)" post_bg_color="RGBA(255,255,255,0)" content_bg_color="RGBA(255,255,255,0)" column_count_tablet="2" column_count_phone="1" column_count_last_edited="on|desktop" module_class="remove-pagination" _builder_version="4.24.0" _module_preset="default" title_level="h5" title_text_align="left" title_font_size="16px" title_line_height="28px" excerpt_text_color="rgba(255,255,255,0.4)" excerpt_font_size="12px" excerpt_line_height="24px"...

NewsThe Chicago-based Cboe Exchange has announced the introduction of five spot Ethereum ETFs starting on July 23. These ETFs include the Fidelity Ethereum Fund, Franklin Ethereum ETF, Invesco Galaxy Ethereum ETF, VanEck Ethereum ETF, and 21Shares Core Ethereum ETF. The U.S. Securities and Exchange Commission (SEC) approved the regulatory changes on May 23 that allow for the listing of multiple spot ETH ETFs.Telegram CEO Pavel Durov has announced plans to support The Open Network (TON) blockchain. Later this month, he will introduce a mini app store and an in-app browser supporting web3 sites, provide opportunities for decentralized markets, and enhance efforts against crypto scams.Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true" image_height="200px" date_spacing="0px" date_icon_size="0px" date_icon_color="RGBA(255,255,255,0)" excerpt_spacing_top="0px" author_spacing="0px" author_icon_size="0px" author_icon_color="#ffffff" column_gap_x="30px" column_gap_y="0px" show_avatar="off" thumb_size="medium" content_length="120" overlay_icon_color="RGBA(255,255,255,0)" post_bg_color="RGBA(255,255,255,0)" content_bg_color="RGBA(255,255,255,0)" column_count_tablet="2" column_count_phone="1" column_count_last_edited="on|desktop" module_class="remove-pagination" _builder_version="4.24.0" _module_preset="default" title_level="h5" title_text_align="left" title_font_size="16px" title_line_height="28px" excerpt_text_color="rgba(255,255,255,0.4)" excerpt_font_size="12px" excerpt_line_height="24px" author_font="|600|||||||" author_font_size="12px" author_line_height="20px" date_font="|600|||||||" date_text_color="#ffffff" date_font_size="12px" date_line_height="20px" custom_margin="10px||||false|false" border_color_all_post="RGBA(255,255,255,0)"...

NewsZA Bank, the largest virtual bank in Hong Kong, has announced that it will provide reserve banking services to stablecoin issuers. The bank is currently in discussions with several stablecoin issuing companies, as the Hong Kong government requires these service providers to place mandatory reserve assets in local banks.Blockchain data network developer Chainbase has raised $15 million in a Series A funding round co-led by Tencent Investment Group, China's largest internet company, and Matrix Partners China. Chainbase describes itself as an omnichain data network that consolidates all blockchain data on a single platform. Its mainnet and governance token, CBT, are expected to launch in the fourth quarter of this year.Amy Berman Jackson, a judge of the United States District Court, issued a new order today requiring Binance.US to invest customer assets in U.S. Treasury bills, deemed a safe investment by the U.S. Treasury Department. Additionally, the crypto assets must be transferred to a third-party custodian not affiliated with the platform.Ryan Selkis, the founder and CEO of the crypto data platform Messari, has resigned from his position following a series of extreme pro-Trump comments posted on X (formerly Twitter). Among his remarks, he expressed hopes for "sending green card holders back" and labeled Vitalik Buterin as the "most naive and useless political commentator." Messari's CFO, Eric Turner, has taken over as CEO.Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true" image_height="200px" date_spacing="0px" date_icon_size="0px" date_icon_color="RGBA(255,255,255,0)" excerpt_spacing_top="0px" author_spacing="0px" author_icon_size="0px" author_icon_color="#ffffff" column_gap_x="30px" column_gap_y="0px" show_avatar="off"...

NewsThe bankrupt crypto lending platform BlockFi has announced that it will start its first interim crypto repayments via Coinbase in July, initially for U.S. customers only. The asset distribution will be processed over the next few months, and eligible customers will receive an email notification regarding their BlockFi account.According to a released statement, Gnosis Pay was affected by a data breach at customer verification service Fractal ID. Fractal ID was connected to at least eight crypto protocols, including Polygon, Ripple, and Near. The data indicates that approximately 0.5% of its one million users were impacted by the attack.State Street, one of the largest asset managers, has announced plans to introduce its own stablecoin and a deposit token representing customer deposits on the blockchain. This move aims to participate in blockchain-based payment settlements through tokenization.The U.S. Securities and Exchange Commission (SEC) has approved Grayscale's mini Ethereum ETF, which will be deployed with assets supporting the larger Ethereum fund. Grayscale's initial proposal was to convert the long-standing Grayscale Ethereum Trust into a spot Ethereum ETF. Currently, this crypto fund operates as a closed-end fund, making it more challenging to redeem shares. The mini fund may help alleviate some of the outflows expected from the larger fund's conversion.Polygon has announced that on September 4, 2024, it will undergo a mainnet upgrade, transitioning from the MATIC native token to a new token, POL. After the upgrade, POL will take over the role previously held by MATIC on the blockchain. Current MATIC holders on the Polygon PoS network will automatically transition to POL without user intervention. However, tokens on other networks and centralized exchanges (CEXs) will require a published migration procedure.WazirX, one of India's largest crypto trading platforms, has fallen victim to a hacking attack. Over $230 million worth...

NewsIn a recent interview, Donald Trump stated that he embraces the crypto industry because it benefits the country. He believes the United States should lead the global crypto race ahead of China or any other country. The Republican presidential candidate declared that crypto is here to stay and mentioned his plan to release another set of NFTs.Cypherpunk Holdings, a Canadian investment firm focused on crypto and blockchain technologies, has significantly increased its Solana holdings. According to a published report, they now hold 63,000 SOL, valued at approximately $14 million. The firm plans to operate its own Solana validator and stake the majority of its tokens with its own node.The bankrupt crypto broker FTX and the U.S. Commodity Futures Trading Commission (CFTC) have agreed on a $12.7 billion settlement, pending approval by a Delaware judge. As part of the agreement, the CFTC will not make any claims as long as FTX adheres to its reorganization plan. Consequently, FTX will pay up to $12.7 billion to affected parties, depending on the available resources.Cryptocurrency asset manager Grayscale has announced the launch of a new fund named Grayscale Decentralized AI Fund LLC, aimed at supporting investment initiatives related to artificial intelligence within the crypto industry. The fund will finance AI services, address issues related to centralized AI usage, and develop infrastructure linked to AI. The decentralized AI projects included in the fund's initial basket at launch are Bittensor (TAO), Filecoin (FIL), Livepeer (LPT), Near (NEAR), and Render (RNDR). Currently, Near, Filecoin, and Render have the largest weight in the fund, with rebalancing planned on a quarterly basis.Maelstrom, a crypto venture capital fund led by BitMEX co-founder Arthur Hayes, has launched a new grant program for Bitcoin developers. The grants range from $50,000 to $150,000 per applicant. The program aims to promote the technical advancement of...

NewsDonald Trump, the Republican candidate for the U.S. presidency, has announced that he has chosen J.D. Vance, a crypto-friendly senator, as his running mate after careful consideration. This decision is seen favorably by those in the cryptocurrency market due to Vance's past efforts advocating for clearer regulations. J.D. Vance, a venture capitalist turned politician, has openly stated that he has been holding Bitcoin since 2022.According to Eric Balchunas, a leading ETF analyst at Bloomberg, new spot Ethereum ETFs are likely to launch next week, on Tuesday, July 23. The U.S. Securities and Exchange Commission (SEC) has requested issuers to submit their final S-1 filings with the appropriate fees by Wednesday, allowing them to apply for market listing after Monday's close. Several issuers have confirmed this information.Uniswap Labs, the organization behind the Uniswap decentralized finance platform, has publicly launched its wallet browser extension on Chrome, supporting 11 blockchains. Users can add the extension through the Google Chrome Web Store, then create a new Uniswap wallet or import an existing one.The crypto-AI startup Mira, which is building a decentralized AI infrastructure platform, has raised $9 million in a seed funding round co-led by Bitkraft Ventures and Framework Ventures. Other investors in the round include Accel, Mechanism Capital, Folius Ventures, and AJ Scaramucci's SALT Fund. The startup aims to assist developers in creating AI applications.Financial technology company Stripe has expanded its crypto services to the European market, allowing users to purchase various crypto assets, including BTC, ETH, and SOL, with a bank card. This expansion enables crypto companies to help European consumers buy crypto assets quickly and easily.The cross-chain LI.FI protocol has suffered another attack, losing approximately $9 million due to an exploit. The team is investigating the potential attacker and has asked users to...

NewsThe Open Platform (TOP) has invested an undisclosed amount in Akedo Games to support the development of Telegram games within the TON blockchain ecosystem. Akedo's first Telegram game, "Akedog," will launch on July 18. This game follows the "tap-to-earn" model, similar to the successful Hamster Kombat, allowing players to earn Akedog NFTs through gameplay. The initiative aims to leverage Telegram's extensive user base of 900 million.A dormant Bitcoin wallet containing 1,000 BTC, now worth over $60 million, made its first transaction in nearly 12 years on Sunday. The wallet received the Bitcoin in 2012 when it was valued at around $12,000. During the period of inactivity, the value of Bitcoin has appreciated by approximately 500,000%. The reason for the transaction and the identity of the wallet owner remain unknown.Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true" image_height="200px" date_spacing="0px" date_icon_size="0px" date_icon_color="RGBA(255,255,255,0)" excerpt_spacing_top="0px" author_spacing="0px" author_icon_size="0px" author_icon_color="#ffffff" column_gap_x="30px" column_gap_y="0px" show_avatar="off" thumb_size="medium" content_length="120" overlay_icon_color="RGBA(255,255,255,0)" post_bg_color="RGBA(255,255,255,0)" content_bg_color="RGBA(255,255,255,0)" column_count_tablet="2" column_count_phone="1" column_count_last_edited="on|desktop" module_class="remove-pagination" _builder_version="4.24.0" _module_preset="default" title_level="h5" title_text_align="left" title_font_size="16px" title_line_height="28px" excerpt_text_color="rgba(255,255,255,0.4)" excerpt_font_size="12px" excerpt_line_height="24px" author_font="|600|||||||" author_font_size="12px" author_line_height="20px" date_font="|600|||||||"...

NewsOn July 13, Tether, the stablecoin issuer, froze the TNVaKW Tron address holding over $29.62 million in USDT. Blockchain analysis firm Bitrace reported that the address is linked to the Cambodian crypto broker Huione. Huione’s Guarantee service is also reportedly connected to the Cambodian government, and it appears that its clients have been involved in fraudulent activities amounting to billions of dollars.Related categories RecommendedYou may also be interested in these articles!

NewsMakerDAO, one of the oldest DeFi protocols, has launched a new "Grand Prix" competition aimed at bringing $1 billion worth of tokenized assets onto its platform. Prominent market players such as BlackRock, the world's largest asset manager, along with Superstate and Ondo Finance, are keen to participate. According to an announcement, the initiative will primarily focus on investing in short-term U.S. Treasury bills and similar tokenized products.Abra, the trading platform with a controversial history involving past accusations of securities fraud and insolvency, has acquired several digital asset funds from Valkyrie, including private Tron and Zilliqa funds, which had previous sales of $50 million and $21.3 million, respectively. The plan is to list these products on public exchanges if market demand for investment instruments increases.Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true" image_height="200px" date_spacing="0px" date_icon_size="0px" date_icon_color="RGBA(255,255,255,0)" excerpt_spacing_top="0px" author_spacing="0px" author_icon_size="0px" author_icon_color="#ffffff" column_gap_x="30px" column_gap_y="0px" show_avatar="off" thumb_size="medium" content_length="120" overlay_icon_color="RGBA(255,255,255,0)" post_bg_color="RGBA(255,255,255,0)" content_bg_color="RGBA(255,255,255,0)" column_count_tablet="2" column_count_phone="1" column_count_last_edited="on|desktop" module_class="remove-pagination" _builder_version="4.24.0" _module_preset="default" title_level="h5" title_text_align="left" title_font_size="16px" title_line_height="28px" excerpt_text_color="rgba(255,255,255,0.4)" excerpt_font_size="12px" excerpt_line_height="24px" author_font="|600|||||||" author_font_size="12px" author_line_height="20px"...

NewsCore, a Bitcoin-based layer 1 blockchain designed for EVM-compatible smart contracts, announced today a partnership with Animoca Brands, naming the company as a validator for the blockchain. Additionally, they will collaborate to facilitate the integration of dApps into the network to promote BTCfi innovation.The U.S. Securities and Exchange Commission (SEC) announced that it is dropping its three-year investigation into blockchain software developer Hiro Systems (formerly Blockstack), which raised $70 million through token sales between 2017 and 2019. Blockstack launched the first version of its Bitcoin layer 2 network, Stacks, along with its STX token, in 2018.Pixelverse, shortly after launching its Telegram-based crypto game, has raised an additional $2 million from venture capital investors such as Galaxy Interactive, Crit Ventures, and Arc Community. With a total backing of $7.5 million, the developers promise to expand with multiple product lines to ensure long-term sustainability. The game ecosystem plans its token generation event (TGE) for this summer.Blockchain payment startup Partior announced the completion of a Series B funding round, securing over $60 million led by Peak XV Partners (formerly Sequoia Capital India & SEA). New investors, including Valor Capital and Jump Trading, joined existing backers like JPMorgan, Standard Chartered, and Temasek. The fresh capital will help the company enhance its blockchain-based interbank real-time settlement and clearing system.Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true" image_height="200px" date_spacing="0px" date_icon_size="0px" date_icon_color="RGBA(255,255,255,0)" excerpt_spacing_top="0px" author_spacing="0px" author_icon_size="0px" author_icon_color="#ffffff"...

NewsFormer U.S. President Donald Trump has announced that he will be a speaker at the Bitcoin 2024 conference in Nashville, Tennessee. The event, one of the world's largest Bitcoin conferences, will take place from July 25 to 27. In recent months, the likely Republican presidential candidate has strongly supported the crypto industry, garnering backing from several prominent figures in the crypto space.The BitMEX crypto broker and derivatives trading platform, associated with Arthur Hayes, pled guilty on Wednesday to violating the Bank Secrecy Act. According to the U.S. Attorney's Office for the Southern District of New York, the company intentionally failed to establish, implement, and maintain an adequate anti-money laundering (AML) program. From 2015 to 2020, BitMEX operated as one of the world's leading crypto platforms without a compliant AML program as required by federal law. This led to Arthur Hayes, one of BitMEX's founders, being sentenced to six months of home detention in 2022.The websites of Compound Finance, one of the longest-running decentralized finance applications, and the crypto lending platform Celer Network were both targeted in attacks that redirected users to malicious phishing sites. Compound DAO's security advisor, Michael Lewellen, issued a community warning via X, advising users to avoid the platform's website. Celer also released a warning to its users.Oracle provider Pyth Network has launched Express Relay on the mainnet, providing a solution to the long-standing issue of Maximum Extractable Value (MEV), saving money for protocols and DeFi users. The solution was presented by Douro Labs and the Pyth Data Association today at the EthCC in Brussels.Business intelligence firm MicroStrategy, known for its significant corporate Bitcoin holdings, has announced a 10-for-1 stock split effective August 1. The company stated that this move aims to make its shares more accessible to investors. The distribution of the...

NewsAt the Ethereum Community Conference (EthCC) in Brussels, the new project TON Applications Chain (TAC) announced its plans to build a layer-2 network on the TON blockchain, supported by The Open Platform. A key feature of the TAC project is its compatibility with the Ethereum Virtual Machine (EVM), allowing developers who have built applications under the widely adopted Ethereum standard to easily port them to the new TAC layer-2 network within the TON ecosystem.Build on Bitcoin (BOB), a hybrid layer-2 project powered by Bitcoin and Ethereum, has secured $1.6 million in a strategic funding round led by Ledger Ventures. Various angel investors, including prominent figures from BlackRock, Ordinals, Aave, Magic Eden, and Injective, also contributed. Out of the funds raised, $1 million will be allocated to a BOB incubator aimed at supporting new startups focused on Bitcoin infrastructure and BOB dapps.Hypersphere Ventures, a crypto venture capital firm, has opened its recently launched liquid fund to external investors. The Atlas fund, currently managing $130 million in assets, is operated by multiple managers and aims to deliver a 40% return through various trading strategies, including DeFi, quantitative trading, market making, and arbitrage.AI platform developer SingularityNET has announced a partnership with the Filecoin Foundation, the governing body behind the Filecoin network. Their goal is to integrate AI into decentralized physical infrastructure networks (DePIN) while maintaining decentralization, AI ethics, and data authenticity. The partnership will also establish an AI ethics working group to ensure ethical AI development.Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true" image_height="200px" date_spacing="0px"...

NewsThe Dubai Customs Authority is launching a new blockchain platform to eliminate supply chain frictions within and beyond Dubai's borders. This solution is part of Dubai's "smart" city development and implementation plan, reflecting their vision of making Dubai a global hub for trade and logistics.DigitalX, a wealth manager focused on digital assets, has received regulatory approval to launch a spot Bitcoin exchange-traded fund (ETF) in Australia, making it the second Bitcoin ETF traded on the Australian Securities Exchange (ASX). The product will be introduced on July 12 under the ticker BTXX.In the United States, asset managers involved in spot Ethereum applications, such as VanEck, 21Shares, BlackRock, Fidelity, Franklin Templeton, and Grayscale, have started submitting amendments to the SEC. The new S-1 registration statements mainly include minor changes related to custody arrangements. Trading is expected to begin around July 15.ZKM, a sister company of Ethereum layer-2 Metis, plans to introduce a new layer-2 solution for Bitcoin. The GOAT Network will utilize zero-knowledge technology and, according to the team, will be the first to launch with a decentralized sequencer and a shared ownership model. Network node operators will earn yields from gas fees and mining rewards in the form of the network's native GOAT token. The testnet is scheduled to launch this month.Zodia Custody, an institutional crypto custodian backed by Standard Chartered, has announced a partnership with the lending platform Maple Finance. Under the agreement, Maple Finance will use Zodia Custody as its preferred custodian for global lending agreements. The integration is expected to take effect in the near future.Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true"...

NewsThe German government's wave of Bitcoin sales continues. This time, they transferred 250 BTC to Bitstamp, 250 BTC to Coinbase, and an additional 500 BTC to an undisclosed, presumably OTC address, likely with the intent to sell. The German government still holds 38,826 BTC in known addresses, totaling approximately $2.17 billion in value.The web3 bug bounty platform Immunefi and the Ethereum Foundation have jointly launched the "Attackathon," a large-scale collaborative audit competition for the Ethereum network. The event features a time-bound code review program that involves top security experts. The Ethereum Foundation is supporting the reward pool with $500,000.Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true" image_height="200px" date_spacing="0px" date_icon_size="0px" date_icon_color="RGBA(255,255,255,0)" excerpt_spacing_top="0px" author_spacing="0px" author_icon_size="0px" author_icon_color="#ffffff" column_gap_x="30px" column_gap_y="0px" show_avatar="off" thumb_size="medium" content_length="120" overlay_icon_color="RGBA(255,255,255,0)" post_bg_color="RGBA(255,255,255,0)" content_bg_color="RGBA(255,255,255,0)" column_count_tablet="2" column_count_phone="1" column_count_last_edited="on|desktop" module_class="remove-pagination" _builder_version="4.24.0" _module_preset="default" title_level="h5" title_text_align="left" title_font_size="16px" title_line_height="28px" excerpt_text_color="rgba(255,255,255,0.4)" excerpt_font_size="12px" excerpt_line_height="24px" author_font="|600|||||||" author_font_size="12px" author_line_height="20px" date_font="|600|||||||" date_text_color="#ffffff" date_font_size="12px" date_line_height="20px" custom_margin="10px||||false|false" border_color_all_post="RGBA(255,255,255,0)"...

NewsJustin Sun, the founder of Tron, announced plans to develop a stablecoin that users can utilize without paying any fees. According to the concept, the gas fees will be entirely covered by the stablecoins themselves. The new product is slated to launch on the Tron blockchain in the fourth quarter, with plans to later expand to other EVM-compatible chains and Ethereum.The Bitfinex Securities digital asset platform will refund investors in the Hampton by Hilton hotel project at El Salvador's international airport, as it failed to raise the required minimum funding of $500,000 to continue. This project was supposed to be the first to be funded through publicly offered digital bonds. Bitfinex expects that the issuer will restructure the offer in the future.Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true" image_height="200px" date_spacing="0px" date_icon_size="0px" date_icon_color="RGBA(255,255,255,0)" excerpt_spacing_top="0px" author_spacing="0px" author_icon_size="0px" author_icon_color="#ffffff" column_gap_x="30px" column_gap_y="0px" show_avatar="off" thumb_size="medium" content_length="120" overlay_icon_color="RGBA(255,255,255,0)" post_bg_color="RGBA(255,255,255,0)" content_bg_color="RGBA(255,255,255,0)" column_count_tablet="2" column_count_phone="1" column_count_last_edited="on|desktop" module_class="remove-pagination" _builder_version="4.24.0" _module_preset="default" title_level="h5" title_text_align="left" title_font_size="16px" title_line_height="28px" excerpt_text_color="rgba(255,255,255,0.4)" excerpt_font_size="12px" excerpt_line_height="24px" author_font="|600|||||||" author_font_size="12px" author_line_height="20px" date_font="|600|||||||" date_text_color="#ffffff" date_font_size="12px" date_line_height="20px"...

NewsThe crypto investment firm Multicoin Capital has announced plans to donate up to $1 million to support crypto-friendly Republican lawmakers. The donations will be pooled through The Sentinel Action Fund over the next 10 days, with the entire process managed by the crypto broker Gemini. Their goal is to back candidates who believe America should remain open to innovation. A wallet linked to the bankrupt crypto hedge fund Three Arrows Capital (3AC) inadvertently purchased an NFT nearly three years after making a bid. On August 21, 2021, the 3AC wallet placed a 20 ETH bid on the "Neon Village" NFT, which was accepted by the previous owner on Friday. It appears that the amount reserved for the bid was overlooked by the liquidator, Teneo, and was not included in the liquidation assets. Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true" image_height="200px" date_spacing="0px" date_icon_size="0px" date_icon_color="RGBA(255,255,255,0)" excerpt_spacing_top="0px" author_spacing="0px" author_icon_size="0px" author_icon_color="#ffffff" column_gap_x="30px" column_gap_y="0px" show_avatar="off" thumb_size="medium" content_length="120" overlay_icon_color="RGBA(255,255,255,0)" post_bg_color="RGBA(255,255,255,0)" content_bg_color="RGBA(255,255,255,0)" column_count_tablet="2" column_count_phone="1" column_count_last_edited="on|desktop" module_class="remove-pagination" _builder_version="4.24.0" _module_preset="default" title_level="h5" title_text_align="left" title_font_size="16px" title_line_height="28px" excerpt_text_color="rgba(255,255,255,0.4)" excerpt_font_size="12px" excerpt_line_height="24px" author_font="|600|||||||" author_font_size="12px" author_line_height="20px" date_font="|600|||||||" date_text_color="#ffffff" date_font_size="12px"...

NewsThe rehabilitation trustee of the bankrupt Mt.Gox crypto broker began Bitcoin and Bitcoin Cash repayments to some creditors through designated crypto brokers on July 5, 2024, in accordance with the rehabilitation plan. The announcement also noted that the repayments will not occur all at once, so some affected parties will receive their assets a bit later as conditions are met. The latest document from the Mt. Gox trustee indicates that creditors of the bankrupt platform may have to wait up to three months for their BTC or BCH repayments, depending on the crypto broker they submitted their claims to. Kraken has up to 90 days to process the payments, while Bitstamp might take up to 60 days. For BitGo, the payments will be visible within 20 days. Both SBI VC Trade and Bitbank will complete the payments within 14 days.Two former executives of Northern Data, Europe's largest bitcoin mining company, have filed a lawsuit against the firm, claiming they were wrongfully terminated after expressing concerns about the company's financial situation and suspecting tax fraud. Besides bitcoin mining, the company operates data centers used for artificial intelligence, but the allegations suggest questionable practices. Last fall, the company received €575 million in debt financing from the stablecoin issuer Tether. Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true" image_height="200px" date_spacing="0px" date_icon_size="0px" date_icon_color="RGBA(255,255,255,0)" excerpt_spacing_top="0px" author_spacing="0px" author_icon_size="0px" author_icon_color="#ffffff" column_gap_x="30px" column_gap_y="0px" show_avatar="off" thumb_size="medium" content_length="120" overlay_icon_color="RGBA(255,255,255,0)" post_bg_color="RGBA(255,255,255,0)"...

NewsThe Central Bank of the Russian Federation (CBR) is actively discussing proposals that would allow for the official legalization of stablecoins for international transactions, aiming to simplify international payments for Russian companies. The focus is primarily on regulating the entire transaction chain, establishing a permanent regulatory framework rather than a temporary experiment.The technology conglomerate Opera has integrated the two largest stablecoins, USDT and USDC, into the crypto wallet of its Opera Mini mobile browser. The MiniPay stablecoin-based custodial wallet, Pockets, now allows for easy exchange and payment between Celo dollars (cUSD) and other stablecoins. Since MiniPay's launch last year, more than three million wallets have been activated, with the application being particularly popular in Africa.South Korea's financial regulator, in collaboration with local crypto trading platforms, has established a 24-hour surveillance system to detect suspicious activities and abnormal transactions in the crypto market. The new system will be implemented on July 19, alongside nationwide regulations aimed at protecting crypto investors. Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true" image_height="200px" date_spacing="0px" date_icon_size="0px" date_icon_color="RGBA(255,255,255,0)" excerpt_spacing_top="0px" author_spacing="0px" author_icon_size="0px" author_icon_color="#ffffff" column_gap_x="30px" column_gap_y="0px" show_avatar="off" thumb_size="medium" content_length="120" overlay_icon_color="RGBA(255,255,255,0)" post_bg_color="RGBA(255,255,255,0)" content_bg_color="RGBA(255,255,255,0)" column_count_tablet="2" column_count_phone="1" column_count_last_edited="on|desktop" module_class="remove-pagination"...

NewsThe Aave decentralized autonomous organization has announced the launch of its new GHO stablecoin on the Arbitrum blockchain. This product launch is part of its cross-chain expansion strategy, with the hope that accessing the Arbitrum blockchain will increase the protocol's adoption. Assets available within the Aave Protocol can also be used as collateral for GHO. The developers of Bittensor (TAO), a decentralized artificial intelligence project, have shut down the blockchain following a hacker attack that drained multiple wallets. Transactions are currently suspended to allow the team to investigate the attack. So far, the damage amounts to approximately 32,000 native Bittensor (TAO) tokens, equivalent to 8 million dollars.Gala Games and Animoca Brands have jointly announced that they have signed a significant cooperation agreement to increase the use of the GALA token. The game software company and the venture capital investor Animoca Brands will collaborate on numerous developments, including providing liquidity services and facilitating the stable trading of GALA tokens in the crypto market. The decentralized oracle provider Chainlink has announced a collaboration with Fidelity International and the crypto bank Sygnum on a project focused on bringing net asset value (NAV) data on-chain. This partnership will provide transparency and accessibility to the NAV data of tokenized assets. The technology facilitates the secure storage and automatic synchronization of tokens' NAV data on the ZKsync blockchain, which is part of the Chainlink SCALE program. Consensys, the developer of MetaMask, has acquired the crypto security application Wallet Guard, which offers a browser extension for identifying real-time scams. The goal of the acquisition is to enhance the security of the popular MetaMask crypto wallet. The capabilities of the browser extension and its security engine will be integrated to protect users' wallets, digital assets, and...

NewsWeb3 payment infrastructure provider Transak has announced a partnership with Uniswap Labs to offer fiat on-ramp services to users through the Uniswap Wallet. This integration allows users to purchase crypto assets directly within the Uniswap Wallet, bypassing the need for transfers from centralized exchanges (CEX), potentially opening the door for new users. Stablecoin issuer Paxos' subsidiary, Paxos Digital Singapore, has received approval from the Monetary Authority of Singapore to provide digital payment token services. This key license allows Paxos to issue stablecoins in compliance with regulatory frameworks, marking a significant expansion in its global operations. Paxos has partnered with DBS Bank for cash management and custody of stablecoin reserves. PostFinance, a bank owned by the Swiss government, has announced the expansion of its crypto asset offerings. The bank has launched trading and custodial services for Ripple (XRP), Solana (SOL), Avalanche (AVAX), Cardano (ADA), and Polkadot (DOT). This move is part of PostFinance's ongoing strategy to integrate digital assets into its services. Sentient, an open-source AI development platform, has raised $85 million in a seed funding round led by Peter Thiel's Founders Fund, Pantera Capital, and Framework Ventures. Among its primary supporters is Sandeep Nailwal, co-founder of Polygon, with Sreeram Kannan, founder and CEO of EigenLayer, serving as an advisor from day one. The Lombard Bitcoin restaking protocol has closed a $16 million seed funding round led by venture capital firm Polychain Capital. Lombard plans to use the funds to develop the Bitcoin restaking ecosystem alongside Babylon, its Bitcoin staking protocol. The company announced its intention to integrate its LBTC liquidity token into Ethereum DeFi protocols within the year. Related categories RecommendedYou may also be interested in these articles![brbl_post_grid...

NewsAmber Japan, a crypto venture owned by one of Japan's largest technology companies, Sony Group, has rebranded itself as S.BLOX. The Tokyo-based company, acquired last year, is known for its WhaleFin crypto trading service. Plans involve collaborating with various Sony Group companies to further develop crypto trading services. The rebranding will include a redesigned user interface and a new, more user-friendly mobile application. The exact launch date for S.BLOX has not been announced. The blockchain division of Alibaba's fintech subsidiary, Ant Group, recently amended its company registration with Chinese authorities, increasing its registered capital from 100 million yuan to 1.5 billion yuan (approximately $206.4 million). Despite China banning crypto transactions in September 2021, the country remains open to developing its blockchain technology and digital economies. Consequently, Chinese tech giants like Alibaba and Tencent are focusing on developing their consortium blockchains. Crypto broker BingX has announced the extension of its partnership with Chelsea Football Club. Starting from the 2024/25 Premier League season, BingX will transition from being the club's sleeve partner to the official training wear partner for the men's team. The BingX branding will be prominently displayed on the front of the training wear, worn by both the players and the coaching staff during all training sessions. Gemini, the crypto broker founded by Tyler and Cameron Winklevoss, has signed a five-year sponsorship agreement with Real Bedford Football Club, co-owned by Peter McCormack. This sponsorship complements the $4.5 million investment made by Winklevoss Capital in the club this past April. As part of the deal, payments will be made in Bitcoin, aiming to support the club's success and improve opportunities for local children.Stablecoin issuer Circle has announced that it has received an Electronic Money Institution (EMI) license in the...

NewsIgloo Inc., the company behind the popular NFT project Pudgy Penguins, has acquired the on-chain platform Frame, which focuses on web3 creators. While the terms of the deal have not been disclosed, the acquisition's purpose is clear. The Frame team will join Igloo in developing a layer 2 network called Abstract Chain, which aims to foster culture and communities within the chain. The popular decentralized social media protocol Farcaster has introduced a new in-app payment feature that utilizes the USDC stablecoin for one-touch payments directly from user profiles or the app's messaging platform. This feature addresses the challenge of needing to find someone's alphanumeric wallet address for crypto payments. With this innovation, identifiers will be easily readable, simplifying the payment process. Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true" image_height="200px" date_spacing="0px" date_icon_size="0px" date_icon_color="RGBA(255,255,255,0)" excerpt_spacing_top="0px" author_spacing="0px" author_icon_size="0px" author_icon_color="#ffffff" column_gap_x="30px" column_gap_y="0px" show_avatar="off" thumb_size="medium" content_length="120" overlay_icon_color="RGBA(255,255,255,0)" post_bg_color="RGBA(255,255,255,0)" content_bg_color="RGBA(255,255,255,0)" column_count_tablet="2" column_count_phone="1" column_count_last_edited="on|desktop" module_class="remove-pagination" _builder_version="4.24.0" _module_preset="default" title_level="h5" title_text_align="left" title_font_size="16px" title_line_height="28px" excerpt_text_color="rgba(255,255,255,0.4)" excerpt_font_size="12px" excerpt_line_height="24px" author_font="|600|||||||" author_font_size="12px" author_line_height="20px" date_font="|600|||||||" date_text_color="#ffffff"...

NewsU.S. District Judge Amy Berman Jackson in the District of Columbia dismissed the U.S. Securities and Exchange Commission's (SEC) allegations against Binance and its founder Changpeng Zhao (CZ) regarding secondary market BNB sales and the Simple Earn program, which claimed BNB assets qualify as securities. However, the judge allowed the lawsuits concerning Binance's BNB staking program, anti-fraud violations, and post-ICO sales of BNB to proceed in court.Related categories RecommendedYou may also be interested in these articles!

NewsCrypto broker Coinbase has partnered with payment company Stripe. As a result, Stripe will support Coinbase’s layer 2 network, allowing Base users to utilize USDC through Stripe to simplify fiat-to-crypto conversions and facilitate money transfers. Additionally, Coinbase will integrate Stripe’s fiat-to-crypto onramp into the Coinbase Wallet, enabling users to purchase crypto assets instantly with credit cards and Apple Pay. MegaLabs, the developer of the new blockchain MegaETH, has raised $20 million in a seed funding round led by Dragonfly, with participation from notable figures such as Vitalik Buterin and ConsenSys founder Joseph Lubin. MegaETH claims to be the first real-time blockchain, capable of processing transactions in real-time while maintaining full Ethereum compatibility. The goal of MegaETH is to achieve 100,000 TPS.The Aptos Foundation has announced a partnership with Alibaba Cloud to jointly develop Japan’s web3 ecosystem and improve regional accessibility. This collaboration has resulted in the creation of Alcove, Asia's first joint Move developer community, aimed at enhancing accessibility and fostering innovation across the region. Popular influencer and internet personality Logan Paul has filed a defamation lawsuit against YouTuber Stephen Findeisen, better known as Coffeezilla. The lawsuit stems from a 2022 three-part YouTube series about Paul's failed NFT game, CryptoZoo, alleging Paul's involvement in the crypto scam. The suit seeks $75,000 in damages, claiming that Paul was falsely accused to boost viewership. Yield App has announced that it will cease all activities on its platform and wind down operations. Community channels will also be suspended, leaving only a support channel open. The bankruptcy is attributed to the Yield App's assets being held on the collapsed FTX platform, and with the legal proceedings dragging on, the decision was made to shut down permanently. Asset manager 21Shares has followed...

NewsThe authentication project Worldcoin has partnered with the web3 infrastructure provider Alchemy to strengthen its own World Chain blockchain system, which is expected to launch soon. Through this partnership, World Chain developers will gain access to a comprehensive web3 development platform, which they claim is the most extensive known in the web3 space. The Danish Financial Supervisory Authority (DFSA), as part of its decentralized finance (DeFi) guidelines, plans to ban unregistered Bitcoin wallets with the implementation of MiCA. The regulator is concerned about the activities of unregulated platforms and aims to regulate all crypto platforms and service providers, including interface providers and mobile app developers. If this regulation is enacted, no trading platform will be allowed to offer Bitcoin wallets, DEX interfaces, or any other crypto-related products to Danish customers unless regulated by Denmark.USDC stablecoin issuer Circle has announced a strategic partnership with French digital asset service provider Adan. This partnership is in preparation for the official launch of the regulatory framework for the crypto assets market in Europe, as Circle is committed to adhering to the regulatory frameworks in various jurisdictions. The company has chosen France as its European base. The team behind the Bitcoin Virtual Machine has launched the ZK-proof BitZK paid service, which enhances Bitcoin scalability and enables developers to create rollups and migrate applications from Ethereum to Bitcoin. Zero-knowledge proofs are used on blockchains for data compression and have become the foundation for many of Ethereum's most popular rollups. The monthly fee for the service covers the memory, CPU, and storage costs associated with running Bitcoin layer 2. Asset manager VanEck has filed an application for an exchange-traded fund (ETF) that would track the price of Solana. The VanEck Solana Trust would be listed on the Cboe BZX...

NewsThe crypto infrastructure company Conduit has raised $37 million to support blockchain developers in creating customizable and reliable rollups. The Series A funding round was co-led by Haun Ventures and Paradigm, with participation from Robot Ventures, Credibly Neutral, Coinbase Ventures, and Bankless Ventures. The funds will be used to facilitate the development of layer 2 solutions that support useful on-chain products. The Blast Foundation has finally announced the long-awaited details of its airdrop. In Phase 1, scheduled for June 26, 17 billion BLAST tokens will be distributed. Of this, 7% will go to Blast Points holders who contributed to the protocol's liquidity by bridging ETH or USDB, another 7% will go to Blast Gold holders, and 3% will be allocated to the Blur Foundation, which will be retroactively distributed to the Blur community.The decentralized financial platform PancakeSwap, in collaboration with Allora Network, is launching an AI-powered prediction market on the Arbitrum network. Through Allora's machine learning capabilities, users will be able to predict ETH price movements on Arbitrum. Another AI project from PancakeSwap will debut in August, aimed at offering personalized investment strategies and real-time risk management to a broader audience.Mysten Labs, the team behind the Sui blockchain, announced a partnership with the custodian service provider Copper to expand its services for institutional players. The announcement revealed that Copper’s custodial support is now available for tokens created by Sui, such as the Ondo USD Yield (USDY) stablecoin. Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true" image_height="200px" date_spacing="0px" date_icon_size="0px" date_icon_color="RGBA(255,255,255,0)"...