China to Revise AML Law to Address Risks Associated with Virtual Assets
15.2.2024
China is set to revise its outdated Anti-Money-Laundering (AML) law in a bid to tackle the increasing risks associated with virtual assets. The draft amendment, discussed at a State Council meeting chaired by Chinese Premier Li Qiang, will soon undergo review by the national legislature, according...
Solana Mobile Processed Over $20 Million in Payments Using USDC With No Processing Fees
15.2.2024
Solana Mobile, Solana Labs’ smartphone subsidiary, processed over $20 million in payments in alliance with Shopify and USDC, the second-largest dollar-pegged stablecoin. Anatoly Yakovenko, a co-founder of Solana Labs, explained that 51% of Chapter 2’s payments were completed using USDC...
YouTuber KSI Accused of Pump-and-Dumps + More NFT News
15.2.2024
Top NFT news today, February 15, 2024: ZachXBT and Coffeezilla accuse KSI of pump-and-dumps, Pandora’s sales volume over the month is nearly double that of Ordinals, and Pudgy Penguins floor price flies high. NFT Market Data The non-fungible token (NFT) market sales volume is just slightly down...
DeFi Protocol Tranchess Launches New Staking Products With Lido Finance
15.2.2024
Tranchess, a decentralized protocol specializing in risk-adjusted yield solutions for digital assets, announced the launch of two new staking products in collaboration with Lido Finance, a leading liquid staking platform. These products, dubbed “staYETH” and “turYETH,”...
Citi, Wellington Management, & WisdomTree explore private market tokenization
15.2.2024
Citi announced that it has successfully conducted the Proof-of-Concept on the tokenization of private funds. The feat has been achieved in association with Wellington Management and WisdomTree, adding that PoC was done on the Avalanche Spruce institutional test subnet.The capabilities of smart...
Crypto Money Laundering Dropped 30% Last Year, Chainalysis Says
15.2.2024
Illicit addresses sent $22.2 billion in cryptocurrency to services in 2023, a decrease from $31.5 billion in 2022, and centralized exchanges remain the primary destination
Bitcoin Soars Above $52K, Yet Public Interest Shows Decline, Google Trends Data Reveals
15.2.2024
As bitcoin’s value surged to $52,545 this week, the fascination with it appears subdued, with Google Trends indicating a low level of interest. Currently, global metrics from the last 90 days reveal the search term “bitcoin” holds a score of 36 out of 100, significantly less...
Sommelier launches DeFi strategy vault on Arbitrum
15.2.2024
The Real Yield ETH vault by Sommelier made its way into Arbitrum, making it the first destination for its multichain exploration. The transition comes after retail inventors reportedly phased out the high gas fees of the Ethereum mainnet. With this, Sommelier Finance brings a one-click yield vault...
Bitwise Bitcoin ETF transitions to native SegWit
15.2.2024
Bitwise took to X to share the news that it is transitioning its Bitcoin address from P2PKH to native SegWit P2WPKH. The aim is to adopt new technology and offer an enhanced experience to investors and the entire crypto sphere. The most has been defined as power play, for it reduces the cost...
Coinbase Upgraded to Neutral Ahead of Earnings at JPMorgan as Shares Surge
15.2.2024
The bank lifted its rating on Coinbase stock to reflect rising crypto prices following the approval of spot bitcoin ETFs in the U.S
RockWallet Absorbs Crypto Payments Firm Wyre’s User Base in Post-Shutdown Move
15.2.2024
Following last year’s closure of crypto checkout gateway Wyre, non-custodial wallet RockWallet is stepping in to acquire its user base. The self-managed crypto wallet acquired the entirety of Wyre’s customer base on Thursday, around eight months after the latter’s shutdown in June 2023....
Empire State Building launches Avalanche NFT utilizing Uptop
15.2.2024
Uptop, an established Web3 loyalty and reward platform, devised an exceptional idea to enhance the Empire State Building, the iconic landmark of New York, earlier this year. The inexperienced portmanteau scheme, which is founded on NFTs and managed by ESRT, an industry-leading responsible managing...