Cardano DEX SundaeSwap Floats First On-Chain Governance Proposal
8.2.2023
The proposal determines the terms, conditions and parameters of future proposals if passed by token holders
FTX Lawyers Sullivan & Cromwell Bill $7.5M for First 19 Day's Bankruptcy Work
8.2.2023
The more than 151 staff assigned to the case worked a combined 6,500 hours in November looking at legal disputes, hacks, and corporate governance
Brazil: $193m ‘Crypto Pyramid’ Firm Declared Bankrupt
8.2.2023
Indeal, the Brazilian company behind a suspected crypto pyramid scheme worth some $193 million, has declared bankruptcy.
The firm was at the heart of a major police operation back in May 2019. The police dubbed their operation Operation Egypt and worked in conjunction with the nation’s tax agency...
Algorand to drive Web3 adoption in India through key partnerships
8.2.2023
Algorand has partnered with several educational institutions and schools to create programs for faculty members, students and businesses looking to jump into Web3
Dubai Prohibits Privacy Coins Under New Crypto Rules
8.2.2023
The issuance of anonymity-enhancing crypto like Zcash and monero are banned under the Emirate's new regulations for digital assets
Solver’s bond saves CoW Swap from the hacking damage that has exploited $166k
8.2.2023
A hacker managed to exploit CoW Swap for approximately $166k. This has turned out to be a scare with little worry since Cow Swap has announced on Twitter that it has not been affected by the hack. The platform has announced to cover the damage through the bond of the Solver, who had earlier...
Cardano Price Forecast as DeFi TVL on Cardano Doubles Since Start of Year – $1 ADA Incoming?
8.2.2023
The cardano price has gained by 2.5% in the past 24 hours, reaching $0.398260 following a 1.5% rise for the market as a whole. This level makes for an 11% rise in a fortnight and a 35% increase in the last 30 days, with ADA's price being helped on by the launch of Cardano-based stablecoin Djed last...
Fan Token Project Chiliz Rolls Out Layer 1 Blockchain, Token Surges 20%
8.2.2023
Chiliz, the blockchain-based sports token that allows fans to own tokens tied to respective teams, has validated the genesis block of its new layer-1 blockchain
Bitcoin bulls stumble at $23.4K as Fed's 'disinflation' sparks BTC price rally
8.2.2023
Bitcoin price action returns to tackle familiar resistance, with bulls so far failing to make fresh inroads toward $25,000
Coinbase Insider Trading Scandal Rocks Crypto Community – Former Employee Pleads Guilty
8.2.2023
A former employee of major cryptocurrency exchange Coinbase has pleaded guilty to insider trading, marking the first crypto-related insider trading case in the US....
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Dubai forms Virtual Asset Regulatory Authority to provide global framework
8.2.2023
Dubai has established a regulatory authority to regulate the operations of virtual assets and platforms that are relevant to the sphere. The Virtual Asset Regulatory Authority comes into existence to create a framework that other regions across the world can replicate. Moreover, it keeps up with...
Elementus Raises $10 Million to Bring Clear Blockchain Analytics to Institutional Customers
8.2.2023
Elementus, a New York-based blockchain firm, has raised $10 million as part of its Series A-2 funding round, led by Web3 VC company Parafi Capital. The raise, which values the company at $160 million, aims to allow Elementus to keep improving its processes for providing effective and sound...