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Velvet Capital, Backed by Binance Labs, Temporarily Offline Due to Phishing Attack Risk
23.4.2024
Recognizing the potential threat, Velvet Capital swiftly initiated internal investigations and issued a cybersecurity alert advising investors to refrain from approving wallet connection requests until further notice.
The post Velvet Capital, Backed by Binance Labs, Temporarily Offline Due...
Crypto Lobbyists Sue SEC Over 'Dealer' Definition
23.4.2024
A U.S. Securities and Exchange Commission rule expanding the definition of a "dealer" to capture digital assets activity went too far, a lawsuit by the Blockchain Association and Crypto Freedom Alliance of Texas alleged
Shiba Inu managed to obtain 12M fund to develop a Layer-3 blockchain network
23.4.2024
Shiba Inu has obtained $12 million in a funding round via a private token selling of its forthcoming TREAT token to strengthen the building of a privacy-oriented Layer 3 blockchain network. As per the Marketing Head of Shib.io, Lucie, investors who took part in the funding round were Polygon...
Developing Countries Need Decentralized Physical Infrastructure Networks – Karam Lakshman
23.4.2024
Karam Lakshman, CEO of Wifi Dabba, asserts that a country like India, which is the world’s fifth-largest economy, needs enhanced connectivity and innovation. He suggests that Decentralized Physical Infrastructure Networks could be the solution for the country, which currently trails other...
Celo proposes to choose Optimism as it transitions to L2
23.4.2024
cLabs recently announced choosing Optimism for its transition to L2. Both cLabs and Optmisim have confirmed their online collaboration. According to Optimism’s latest tweet, Celo will migrate to Layer 2 to build on the OP Stack. By developing on the OP Stack, Celo L2 can achieve...
Omni releases mainnet phase 1 Omni Armageddon
23.4.2024
Omni releases mainnet phase 1, Omni Armageddon, a safe interoperability service leading towards a united rollup space. This is indeed a landmark moment for the company, considering the long period of sheer hard work that has gone behind it. Through Omni Armageddon, all users will be provided...
Neura by Ankr launches on testnet
23.4.2024
Neura, a blockchain especially for AI (artificial intelligence), has been launched on Testnet by Ankr. This is a significant milestone, as Neura is now prepared for its mainnet launch. While it may take some time, the team has kickstarted Road to Mainnet to celebrate the testnet launch and create...
South Africa’s FSCA Confirms Licenses to 75 Crypto Service Providers
23.4.2024
South African regulator - Financial Sector Conduct Authority (FSCA) - has granted crypto license to 75 institutions including global crypto exchanges Luno and VALR.
The post South Africa’s FSCA Confirms Licenses to 75 Crypto Service Providers appeared first on Cryptonews
Arkham Finds Unclaimed Funds Worth Millions in Addresses Linked to Large Bridge Contracts
23.4.2024
Blockchain intelligence firm Arkham has discovered several crypto addresses containing millions of dollars that are either "stuck" or "forgotten" in two major bridge contracts.
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Ripple Files Opposition to SEC’s $2 Billion Penalty Request
23.4.2024
Ripple opposes the SEC's demand for $2 billion in penalties, proposing a much lower sum of $10 million instead, calling the request an “ongoing intimidation against all of crypto.”
The post Ripple Files Opposition to SEC’s $2 Billion Penalty Request appeared first on Cryptonews
SEC Lawyers Resign Amid Criticisms in Crypto Case Against DEBT Box
23.4.2024
Two lawyers from the SEC, Michael Welsh and Joseph Watkins, resigned following a federal judge's sanction and severe criticism of the regulatory agency's handling of a crypto-related case.
The post SEC Lawyers Resign Amid Criticisms in Crypto Case Against DEBT Box appeared first on Cryptonews
Hong Kong Officials Recommends Self-Regulatory Committee for Compliance Monitoring in Crypto Industry
23.4.2024
The Hong Kong Securities & Futures Professionals Association (HKSFPA) has advocated establishing a self-regulatory committee within the city's crypto firms to enhance compliance monitoring.
The post Hong Kong Officials Recommends Self-Regulatory Committee for Compliance Monitoring in Crypto...
Hut 8’s Post-Merger Future Appears Promising with $12 Price Target: Benchmark
23.4.2024
Following the merger with US Bitcoin Corporation (USBTC) last November, Hut 8 (HUT) has emerged as a robust entity with a diversified business model, boasting multiple revenue streams.
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Coin Gate Scandal Lawmaker ‘to Rejoin South Korea’s Biggest Political Party’
23.4.2024
The lawmaker at the center of South Korea’s “Coin Gate” scandal is set to return to the Democratic Party, the National Assembly’s biggest political party.
The post Coin Gate Scandal Lawmaker ‘to Rejoin South Korea’s Biggest Political Party’ appeared first on Cryptonews
Woo X Exchange Makes History with World’s First Tokenized T-Bills for Retail Investors
23.4.2024
Developed in collaboration with institutional tokenization firm OpenTrade, Woo X's RWA Earn Vaults offer users the opportunity to earn yields by holding Circle's USD Coin (USDC), backed by U.S. Treasury Bills.
The post Woo X Exchange Makes History with World’s First Tokenized T-Bills...
US Presidential Candidate RFK Jr Unveils Plan to Put Entire US Budget on Blockchain
23.4.2024
U.S. presidential candidate Robert F. Kennedy Jr. (RFK Jr.) has unveiled his plan to put the entire U.S. budget on a blockchain. “Every American can look at every budget item in the entire budget, anytime they want, 24 hours a day,” he explained, adding that if somebody is spending...
Crypto Adoption Surges 166% In Middle East As UAE Leads: Bitget
23.4.2024
Crypto is gaining steam in the Middle East as changing cultural attitudes about Bitcoin bring more traders into the region's centralized exchanges.
The post Crypto Adoption Surges 166% In Middle East As UAE Leads: Bitget appeared first on Cryptonews
Mt. Gox Trustee Reveals Updated Bitcoin and Fiat Repayment Schedule for Creditors
22.4.2024
The last round of Mt. Gox's much awaited creditor compensation process is now approaching. By October 2024, the bankrupt exchange is expected to payout 142,000 Bitcoin (BTC), 143,000 Bitcoin Cash (BCH), and 69 billion Japanese yen ($510 million), according to a post published on Reddit on April...
Robert F. Kennedy Jr Wants to Move US Budget Management to the Blockchain
22.4.2024
Robert F. Kennedy Jr., a candidate for the United States presidential election, is dedicated to implementing blockchain technology to change the US budget system. At a Michigan campaign rally on April 21, he announced his plans, saying that the change would allow Americans to see "every budget item...
Democracy Fails Without Cryptocurrency
22.4.2024
Amidst a decline in traditional democratic structures and financial systems, cryptocurrencies emerge as a revitalizing force, offering a new form of accountability and transparency that could potentially restore public institutions. Cryptocurrency Might Be the Last Hope for a Crumbling Democratic...