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Digital Euro Enters ‘Preparation Phase’ — ECB Says ‘Digital Euro Would Make Data Protection a Priority’
19.10.2023
The European Central Bank (ECB) has decided to move its digital euro project to the next phase after two years of investigation. The “preparation phase” of the digital euro will involve “finalizing the digital euro rulebook and selecting providers that could develop a digital euro platform...
Bank of America and SAP Veterans to Lead Crypto Infrastructure Firm Taurus' European Drive
13.10.2023
Swiss institutional crypto infrastructure firm Taurus SA has been expanding its presence in Europe with the opening of two new offices in the United Kingdom and France.
In a Thursday blog post, the company said it has appointed former Bank of America executive Jürgen Hofbauer and SAP veteran...
Startup demos upcoming decentralized GPU infrastructure network to OpenAI, Uber
11.10.2023
io.net has built a decentralized physical infrastructure network that will source GPU computing power for AI and machine learning
Paima gets $1.4M from Cardano to build AW infrastructure
5.10.2023
Paima Studios, an industry-leading framework for the creation of L2s for gaming, has received a grant worth $1.4 million from Cardano. It will now be redirected to the efforts of constructing an Autonomous World infrastructure. The grant by Cardano has been reported to be the largest in the Web3...
Bank of Korea to start CBDC infrastructure pilot
4.10.2023
The pilot will include private banks and public institutions, while the Bank for International Settlements (BIS) will support it with technical expertise
Non-Regulation of Web3 Space Making ‘Mainstream Adoption Harder’ Says AGG’s Jack Vinijtrongjit
29.9.2023
According to Jack Vinijtrongjit, the co-founder and CEO of the Web3 infrastructure company AAG, more prospective users will be drawn to decentralized finance (defi) and non-fungible tokens (NFTs) if tools that help them avoid falling prey to scammers are developed and deployed. Vinijtrongjit argued...
Examining dYdX’s Path to Profitable DeFi
28.9.2023
SEC Denied Immediate Access to Binance US Infrastructure
19.9.2023
In a setback for the government, a federal judge rejected a request by the U.S. securities regulator to inspect the technological infrastructure of Binance US. The U.S. Securities and Exchange Commission (SEC) accuses the American subsidiary of the leading crypto exchange of non-cooperation with...
Former Andreessen Horowitz execs launch Bastion after $25M funding round
19.9.2023
The Web3 startup came out of stealth mode after a seed funding round led by a16z crypto, enabling firms to integrate web3 infrastructure into their existing enterprise technologies
Sony Announces Joint Initiative to Create Blockchain for Spearheading Its Web3 Strategy
16.9.2023
Sony Network Communications, part of the Sony Group, entered into a joint initiative to create a blockchain project that aims to serve as the “backbone of global Web3 infrastructure.” The new company, created with Startale Labs, a Web3 development startup, aims to provide...
Huobi partners with Ceritk to improve security infrastructure
13.9.2023
HTX Global has announced the strategic partnership between Huobi and Certik. It has been stated that the association between the two parties will center around blockchain security and furthering the work of the ecosystem. Huobi will specifically leverage the security tool of Certik to protect...
Coinbase Cloud and Kiln ‘Unlock’ Native Ethereum Staking: No More 32 ETH Minimum
12.9.2023
Coinbase Cloud and blockchain infrastructure company Kiln are now allowing ethereum (ETH) users to stake any amount of ether natively. The new offering removes the previous 32 ETH minimum staking requirement. Staking for All: Coinbase Cloud and Kiln Break Down Minimum Barriers With the integration...
1 in 4 investment firms assign senior execs to digital assets: Report
10.9.2023
One-quarter of asset managers and hedge funds in the US and Europe have recruited senior executives to oversee digital asset strategies, according to a recent report
Ripple Acquires Crypto Financial Services Company Fortress Trust
8.9.2023
Ripple, a leading blockchain and cryptocurrency company, has acquired Fortress Trust, a Nevada-licensed financial services provider for the crypto industry. The purchase expands Ripple’s regulatory licenses and infrastructure to bolster its position in enterprise blockchain solutions. Ripple...
Crypto Infrastructure Provider Qredo Slashes Staff, Cuts Annual Expenses by 35% – Bear Market Continues?
5.9.2023
Crypto infrastructure provider Qredo has announced plans to reduce staff and expenses as it navigates the challenges posed by the ongoing bear market.
Qredo has let go of approximately 50 employees, including several senior executives, according to three sources familiar with the matter.
Among...
‘Infamous Chisel’ Malware Targets Crypto Wallets and Exchanges: A Joint Warning by FBI and GCHQ
1.9.2023
The “Infamous Chisel,” a new sophisticated malware, has been targeting crypto wallets and exchanges, as revealed in a joint report by the U.S. Federal Bureau of Investigation (FBI) and the U.K.’s Government Communications Headquarters (GCHQ). Multi-Agency Alert Over...
Exclusive: Galxe Set To Launch a Permissionless Self-Sovereign Identity Infrastructure, Galxe Protocol
28.8.2023
In a confidential revelation to cryptonews, Galxe, a pioneering Web3 community development platform, has declared the imminent launch of the Galxe Protocol, a permissionless self-sovereign identity infrastructure set to reshape the landscape of digital identities....
Read More: Exclusive: Galxe...
U.S. Crypto Tax Proposal Lets Miners off the Hook, Snares ‘Some’ Decentralized Exchanges
25.8.2023
The U.S. Treasury Department has finally unveiled its definition of a "broker" for the crypto industry, defining how crypto companies and investors will need to meet tax reporting obligations and answering a years-old question over whether decentralized finance platforms and miners will need...
Vessel Capital secures $55M to invest in Web3 infrastructure: Report
24.8.2023
The venture firm has introduced its crypto fund for Web3 infrastructure and applications, promising a collaborative approach with startup founders
ZK-proof Web3 infrastructure developer gets backing from Binance Labs
22.8.2023
Delphinus Lab is building a zero-knowledge proof rollup service aimed at powering Web3 application development