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$176M of Do Kwon's assets are frozen: Report
10.5.2023
The frozen assets include an apartment complex, an officetel, several imported cars, and various financial assets
BNB NFT marketplace Tabi raises $10M in angel funding
10.5.2023
Notable venture capital firms such as Animoca Brands and Binance Labs took part in the funding round
ParaSpace team clashes with CEO over alleged whereabouts of protocol funds
10.5.2023
Protocol developers demand that CEO and CTO Yubo Ruan step down, while Ruan has accused the development team of an "illegal takeover."
Pepe sans crypto: Mods purge crypto from the original meme subreddit
10.5.2023
After the explosion in popularity of the memecoin $PEPE, moderators on the original Pepe the Frog subreddit felt the pressure to lay down the law
Ethereum validators earn a record $46M as staking rewards rate surges
10.5.2023
Ethereum's staking rewards hit a record 8.6% post-Merge, with validators earning $46 million in the first week of May, citing the memecoin craze responsible
Are Cryptocurrencies an Inflation Hedge? Theoretically Yes, Factually No Says S&P
10.5.2023
Some argue that crypto assets could be in demand in a high-interest rates/high inflation environment because they could serve as a store of value, however crypto's track record is too short to prove this, S&P said
Hong Kong to Have Tight Crypto Regulations, Head of Monetary Authority Says
10.5.2023
Companies attracted by the plan to turn Hong Kong into a hub for digital assets should expect strict regulations, the region has indicated. Authorities are preparing new licensing rules for service providers working with cryptocurrencies and guidelines for banks interacting with crypto firms....
BoE fintech head says crypto doesn’t ‘fulfill any of the functions of money’
9.5.2023
At a recent event, Tom Mutton, the Bank of England’s head of fintech, touted the privacy benefits of CBDCs while denouncing the anonymity of cryptocurrencies
BRC-20 tokens surpass $1B market cap as wallet providers prepare integration
9.5.2023
The growth in BRC-20 tokens comes just two months after the creation of the Bitcoin token fungibility protocol
Bankrupt crypto exchange QuadrigaCX to start 'interim distribution' of funds
9.5.2023
Despite their best efforts, bankruptcy trustees have only managed to recover a fraction of the $160 million ($215 million Canadian) owed to creditors
PayPal’s crypto holdings increased by 56% in Q1 2023 to nearly $1B
9.5.2023
The lion’s share of the fintech’s held cryptocurrency assets lie in BTC and ETH with $499 and $362 million respectively — up more than 56% since Q4 2022
Bitcoin priced at Binance.US crypto exchange at $700 premium
9.5.2023
The highest intraday price of Bitcoin on Binance.US reached as much as $28,600, while the intraday market price high amounted to $28,000
Coinbase legal chief sends letter to SEC on RIA rulemaking
9.5.2023
Coinbase's chief legal officer requests revisions to SEC's RIA custody rule to safeguard all asset classes, including cryptocurrencies, criticizing the rule for unfairly targeting crypto
MakerDAO launches Spark Protocol, a new DeFi lending solution for DAI users
8.5.2023
The initial iteration of the Spark Protocol will function as a lending platform, offering supply and borrow functionalities for cryptocurrencies ETH, stETH, DAI, and sDAI
State-sponsored Chinese AI firm launches bot service to ‘surpass’ ChatGPT
8.5.2023
Chinese tech company Iflytek recently made waves with the launch of its “Spark Model,” an AI system it says will surpass ChatGPT by the end of the year
South Korean lawmaker allegedly cashed out while legislating on crypto: Report
8.5.2023
National Assembly member Kim Nam-kuk had authority in handling laws related to digital assets in South Korea, reportedly backing a bill proposing a 20% crypto gains tax be deferred
Sui DEX Cetus' IDO oversubscribed by 650%
8.5.2023
According to developers, the fundraising goal of the initial DEX offering was reached in less than one minute
China issues first arrest over fake news created with ChatGPT: Report
8.5.2023
Alleged fake news poster becomes first person in China arrested for using artificial intelligence platform ChatGPT
Defending against SEC to cost Ripple $200M, CEO Brad Garlinghouse says
8.5.2023
Ripple’s CEO reveals $200 million spent defending the SEC lawsuit, and laments about U.S. crypto regulation and a politics-first policy, advising entrepreneurs to avoid the United States
Nigeria goes blockchain: Policy could impact digital identity
8.5.2023
Nigeria’s crypto community celebrates the approval of the National Blockchain Policy, set to impact governance, digital identity management and e-payments