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28 Indian Crypto Service Providers Have Registered With Country’s Anti-Money Laundering Unit

4.12.2023
As many as 28 Virtual Digital Assets (VDA) or crypto service providers have registered themselves with India's Financial Intelligence Unit (FIU-IND)

French Court Acquits Hackers Accused of Targeting Avalanche Stablecoin Project Platypus

4.12.2023
Image Source: Pixabay A French court has acquitted the individuals accused of orchestrating the $8.5 million hack on Platypus Finance, an automated market maker (AMM) protocol on the Avalanche blockchain. According to a report by Le Monde, the defendants, identified as Mohammed and Benamar M., were...

Standard Chartered-Backed Zodia Custody Joins Ripple-Owned Metaco’s Global Crypto Storage Network

4.12.2023

Value Locked in Defi Nears $50B With 34.40% Surge in 46 Days, Led by Top Protocols

3.12.2023
The total value locked (TVL) in decentralized finance (defi) is on the brink of surpassing the $50 billion threshold, standing at $48.91 billion currently. This figure marks a significant rebound from the low of $36.39 billion recorded 46 days ago, on October 18. Over this period, the TVL in defi...

Terra (LUNA) Re-enters Top 100 Crypto As InQubeta (QUBE) Smashes $5.6 Million Presale Mark

3.12.2023
Significant digital asset ranking shifts continually happen in the crypto market. According to CoinMarketCap, Terra (LUNA), an algorithmic stablecoin, has re-entered the top 100 cryptocurrencies by market capitalization after a recent spike in its price. This development coincides with...

Cambridge Study Unveils Ethereum’s Environmental Impact Post-Merge, Highlighting Major Energy Reduction

3.12.2023
The transformation of the Ethereum network, popularly known as ‘The Merge,’ marked a significant shift in the blockchain’s energy usage and climate impact. A detailed report by the Cambridge Centre for Alternative Finance (CCAF) meticulously dissects this journey, offering...

L2 Crypto Project Blast Achieves $660M TVL Amid Mockery for Key Developer Recruitment

2.12.2023
Recent data reveals that Blast, the new layer two (L2) blockchain platform, has amassed a significant $660 million in value within its decentralized finance (defi) protocol. Concurrently, while accumulating a variety of crypto assets, the initiative has commenced a search for experienced senior...

GHO Stablecoin Hits $0.98 Target as Strategic Initiatives Spearhead Turnaround

2.12.2023
Beginning in mid-July 2023, the stablecoin from Avara (previously known as Aave), a decentralized finance firm, consistently traded below its target $1 peg, reaching a low of $0.917 on October 24. Nonetheless, in recent weeks, the Liquidity Committee of the project undertook efforts to rectify this...

Cornell Study: Bitcoin Can Power Renewable Energy Deployments and Climate Action

2.12.2023
A recent study led by investigators from Cornell University has outlined how Bitcoin can help finance renewable energy installations by using surplus power even while these facilities are not yet integrated into the U.S. power grid. Texas is said to be one of the states with the most potential....

We Neither Bank Justin Sun nor Finance Hamas — Circle Chief Strategy Officer

2.12.2023
USDC stablecoin issuer Circle neither “finances Hamas” nor does it bank Tron blockchain founder Justin Sun, the fintech firm’s chief strategy officer has asserted. Although Circle had past business dealings with Sun, this ended in February 2023 when it terminated his accounts...

Talos and Uniswap Forge Landmark Deal to Boost DeFi Access for Institutions – Adoption on the Rise?

1.12.2023
Talos – a digital trading infrastructure provider – has teamed up with Uniswap and Fireblocks to connect institutional traders to the decentralized finance (DeFi) ecosystem. Per a press release from Uniswap on Thursday, Talos’s clients will be able to use the protocol’s trading APIs to access...

Grayscale Setting Up for Bitcoin ETF Race by Hiring Industry Veteran from Invesco

1.12.2023
Crypto asset manager Grayscale has hired former Invesco Head of Americas John Hoffman to lead its distribution and partnerships team, six weeks before a decision is set to come out on whether the company will be allowed to launch a spot bitcoin [BTC] exchange-traded-fund (ETF)

Cryptocurrency Worth $1.5M Seized From Former Ukrainian Head of State Communications

1.12.2023
The National Anti-Corruption Bureau of Ukraine has seized $1.5 million worth of cryptocurrency from Yuriy Shchigol, Ukraine's former head of the State Special Communications Service, according to local news outlet RBC

KuCoin Ventures to Provide $20K Grant to TON Ecosystem

1.12.2023
KuCoin Ventures' funding will be allocated to five "mini-apps" on TON focusing on payments and gaming

JPMorgan Report Highlights Resurgence in DeFi and NFT Sectors

1.12.2023
Source: Pixabay American banking giant JPMorgan has shed light of optimism in the decentralized finance (DeFi) and non-fungible tokens (NFT) sectors. A JPMorgan report published Thursday revealed notable revival in the DeFi and NFT activity, spurred by an improved crypto markets sentiment. Titled...

Cathie Wood's ARK Invest Offloads a Further $4.7M Worth of Coinbase Shares

1.12.2023
COIN reached its highest level since April 2022, rising to $130.31 on Wednesday

Treasury Asks Congress for More Authorities to Go After Illicit Actors in Digital Asset Space

1.12.2023
The U.S. deputy secretary of the Treasury has revealed that the Treasury Department has asked Congress for more tools and authorities “to go after illicit actors in the digital asset space.” Moreover, he stressed: “We need to update our illicit finance authorities to match...