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Nigeria’s Central Bank Partners with Gluwa to Boost eNaira Amid Global Regulation Changes
7.3.2024
The Nigerian Central Bank has partnered with the blockchain-based financial platform Gluwa Nigeria to increase the adoption of its digital currency, the eNaira. This move seeks to address financial inclusion challenges and provide credit access to unbanked individuals.
The post Nigeria’s...
Vitalik Buterin’s ENS Address Trades $100K Worth of ETH for Stablecoins Amid Market Uptick
7.3.2024
According to blockchain analytics, the Ethereum Name Service (ENS) domain “vitalik.eth” has engaged in a transaction of $100,000 worth of ether, converting it into an equal amount of stablecoins on the Base blockchain. The address, purportedly belonging to Ethereum’s co-founder...
Vitalik Buterin’s Recent Ethereum Transaction Raises Eyebrows
5.3.2024
A recent transaction by Ethereum co-founder Vitalik Buterin has garnered attention from the crypto community. According to PeckShieldAlert, the wallet address is under Vitalik.eth sent 30 ETH to Railgun and exchanged around 27.63 ETH for 100,000 USDC.
The post Vitalik Buterin’s Recent...
The Innovative Approach to Address Demand for ZKBase in the Market
2.3.2024
PRESS RELEASE. In the Bitcoin ecosystem, projects typically fall into two categories: ‘Asset Issuance Protocols’ and ‘Scalability Solutions’. Project teams usually focus on developing products and solving issues within one of these domains. ZKBase is introducing...
Coinbase Unveils Two New Wallet Solutions Aimed at Easing Crypto Onboarding
29.2.2024
Coinbase has unveiled new smart and embedded wallet features, aiming to simplify the crypto onboarding process. These wallets address user experience challenges and introduce recovery options, setting a new standard for security and usability in the industry.
The post Coinbase Unveils Two...
Jamaica is ‘Determined’ to Bring CBDC to Address Cash Problems: BOJ Governor
28.2.2024
Bank of Jamaica (BOJ) governor Richard Byles said that BOJ is determined to find solutions for the slow roll-out of their CBDC.
The post Jamaica is ‘Determined’ to Bring CBDC to Address Cash Problems: BOJ Governor appeared first on Cryptonews
Kyberswap Hack: Blockchain Security Firm Reports Movement of 800 ETH From Exploiter’s Address
26.2.2024
Blockchain security firm Peckshield revealed on Feb. 26 that an exploiter labeled address associated with the Kyberswap hack had bridged approximately 800 ether tokens from Arbitrum to the Ethereum blockchain. On the same day, the Kyberswap team unveiled revised dates for reimbursing users impacted...
Can Frogwifhat Meme Coin Catch Dogwifhat? New Crypto Fair Launch Pumps on Uniswap, Rumours of Big Influencer Backing
26.2.2024
Launched today on Uniswap decentralized exchange, Frog Wif Hat Token ($FWIF) is set to outrun Dogwifhat to be the next meme coin to blow up the crypto internet. The price of $FWIF has pumped 226% in minutes and you can get in on the price action by grabbing the contract address...
FTC Updates Rules to Address AI Deepfake Threats to Consumer Safety
16.2.2024
The US Federal Trade Commission (FTC) proposed making new updates on an artificial intelligence (AI) deepfake rule on February 16. The government agency said the proposed rule changes would protect users from AI impersonations. According to the ‘Rule on Impersonation of Government and Businesses’...
Chainalysis Report: Crypto Value Sent From Illicit Addresses Dropped by Nearly $10 Billion in 2023
16.2.2024
According to Chainalysis’ report on money laundering trends, the value of crypto transferred by illicit addresses in 2023 fell by nearly $10 billion from $31.5 billion to the latest $22 billion. The report attributes the drop to the overall decline in both legitimate and illicit crypto...
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...
Sushi’s Decentralized Derivatives Exchange Susa to Launch on Layer N
15.2.2024
Sushi is preparing to launch its new decentralized derivatives exchange Susa on the Layer N platform. This initiative plans to address current performance challenges in decentralized finance. According to a recent blog post by Susa, the platform intended to improve the efficiency and reliability...
Uniswap’s Hayden Adams Calls Attention to Scammer Impersonating His ETH Wallet Address
14.2.2024
On February 14, Uniswap founder Hayden Adams warned the cryptocurrency community on social media platform X about a new strategy of crypto thieves who imitate Ethereum wallet addresses to defraud unsuspecting investors. Here’s how this new crypto scam works. Uniswap Founder Issues Warning...
US Treasury to Discuss Crypto Finance Concerns at Congressional Hearing
14.2.2024
The United States Treasury is gearing up to address Congress on the emerging challenges posed by cryptocurrencies to existing financial regulatory frameworks. In his prepared testimony for the House Financial Services Committee, Brian Nelson, Treasury’s Under Secretary for Terrorism...
Over $11 Million in Liquidity Drained From SafeMoon by Unknown Individual
12.2.2024
An unknown individual drained over $11 million in liquidity from various pools associated with the controversial cryptocurrency project SafeMoon on Monday. The transaction triggered immediate speculation about a possible connection to SafeMoon’s ongoing bankruptcy proceedings. Blockchain...
UK’s Fraud Intelligence Unit Shuts Down 43 Possible Crypto Phishing Websites
9.2.2024
UK authorities have announced that the National Fraud Intelligence Bureau (NFIB) blocked 43 possible crypto phishing websites. A recent official Commissioner’s Update disclosed reports in diverse fields including potential fraudulent activities with bad actors impersonating popular blockchain-based...
Treasury’s Yellen: More Power Needed to Counter Crypto Use by Terrorist Groups
9.2.2024
U.S. Treasury Secretary Janet Yellen has expressed the need for increased authority within the Treasury Department to address the alleged utilization of crypto by terrorist groups. Senator Sherrod Brown, known for his role in shaping crypto legislation, questioned Yellen about the necessary updates...
ARK Invest and 21Shares Outline Cash Processes in New Ethereum ETF Bid
8.2.2024
Ark Invest and 12Shares have refiled their joint application for a spot market Ethereum ETF to address cash creation and redemption. The amendments bring it in line with spot Bitcoin ETFs recently approved by the US Securities and Exchange Commission, according to Bloomberg ETF analyst Eric...
RBI Governor Suggests Offline Initiatives to Drive Digital Rupee Adoption in Remote Areas
8.2.2024
Reserve Bank of India (RBI) Governor Shaktikanta Das has suggested using offline solutions to boost the adoption of the central bank’s digital rupee in remote areas. The RBI will evaluate various offline solutions, including proximity and non-proximity-based options, in hilly, rural,...
Joe Rogan Has HODL’d Over 5 Bitcoin For Almost A Decade
6.2.2024
Famous podcaster Joe Rogan has held onto his Bitcoin (BTC) stash without selling any, as revealed by on-chain data dating back nearly a decade. Back in 2014, the mixed martial arts (MMA) commentator shared a QR code version of his public Bitcoin address over social media. Revisiting that same...