Search
Do Kwon Extradition To South Korea Challenged Again By U.S. Prosecutors
8.3.2024
Terra founder Do Kwon has been caught in a legal battle between the United States and South Korea over which nation gets to extradite the crypto mogul to their turf.
The post Do Kwon Extradition To South Korea Challenged Again By U.S. Prosecutors appeared first on Cryptonews
Pro-Bitcoin Senator Cynthia Lummis Leads Push for Stablecoin Regulation: A Look at the Bill and Its Impact
8.3.2024
U.S. Senators Cynthia Lummis and Kirsten Gillibrand are getting ready to unveil a landmark stablecoin regulation bill. The bill has received support from stakeholders including the Treasury and the New York Department of Financial Services.
The post Pro-Bitcoin Senator Cynthia Lummis Leads Push...
Piers Ridyard, CEO of Radix DLT, on The Future of Web3, Wallets, Account Abstraction, and Creating the Game Engine for DeFi | Ep. 315
8.3.2024
Piers Ridyard, CEO of the decentralized network Radix DLT, talks about the “wild ride” through the worlds of smart contracts and Y Combinator, finding Ethereum, mining on its genesis block, selling ETH, getting into Radix, the project’s fundamental principles, and how it goes above and beyond...
Philippine Central Banker Unveils Project Agila: A Leap into wCBDC Pilot
8.3.2024
The central bank of the Philippines (BSP) aims to complete a CBDC pilot by the end of the year, according to a local press report. Central bank Deputy Governor for Payments and Currency Management Mamerto Tangonan told a press briefing Wednesday: “For CBDC… our timeline for that is to complete...
Band Protocol pioneers Oracle-Stellar Smart Contract integration
8.3.2024
Band Protocol announced that it is now further building on its integration with the Staller Ecosystem. The commitment is to pioneer Oracle services to facilitate the development of dApps, decentralized applications. The mission simultaneously covers the purpose of advancing interoperability...
Polygon to slash transaction fees with Ethereum’s EIP-4844
8.3.2024
The Dencun upgrade is slated to go live on March 14, 2024. The launch of EIP-4844 will follow soon, tentatively scheduled for May 1, 2024. When launched, EIP-4844 will bring special resources to cut transaction fees heavily. An estimate for the same has not been provided, but rough numbers say that...
Sony Files ‘Super-Fungible Token’ NFT Patent
8.3.2024
Sony, the Japanese electronics behemoth, has filed a patent involving the use of non-fungible tokens (NFTs) as part of in-game mechanics. Sony’s patent describes the usage of a “Super-Fungible Token,” an amalgamation of a set of gaming assets, allowing the selection of only one...
Fed Chair Jerome Powell Addresses Concerns Over CBDCs, Prioritizes Privacy
8.3.2024
In a recent Senate Banking Committee hearing, Jerome Powell assured lawmakers that the Federal Reserve is not pursuing a CBDC anytime soon and “not far” from cutting interest rate.
The post Fed Chair Jerome Powell Addresses Concerns Over CBDCs, Prioritizes Privacy appeared first on Cryptonews
Binance’s ‘Crypto Perfume’ for Women Receives Industry-Wide Criticisms
8.3.2024
The core reason for the release of a crypto scent is “to encourage more women to learn and explore the world of cryptocurrency.”
The post Binance’s ‘Crypto Perfume’ for Women Receives Industry-Wide Criticisms appeared first on Cryptonews
Sui To Host New Tool From Greek Stock Exchange, ATHEX
8.3.2024
The Athens Stock Exchange (ATHEX) plans to deploy a new tool, the Electronic Book Building (EBB), on the Sui blockchain.
The post Sui To Host New Tool From Greek Stock Exchange, ATHEX appeared first on Cryptonews
Tether, NAPP of Uzbekistan Sign MoU to Explore Blockchain, Digital Assets
8.3.2024
Tether, the issuer of the world's largest stablecoin by market cap, USDT, is collaborating with the National Agency of Perspective Projects (NAPP) of Uzbekistan. NAPP is tasked with crypto regulation in the country.
The post Tether, NAPP of Uzbekistan Sign MoU to Explore Blockchain, Digital Assets...
Kremlin Reveals Plans to Create a “Politics-Free” BRICS Blockchain-Based Payments System
8.3.2024
Yury Ushakov, an aide of Russian president Vladimir Putin, revealed plans to create a digital blockchain payment system for the BRICS bloc. Ushakov remarked that the countries of the group would benefit from implementing such a system for the use of governments, common people, and businesses...
Crypto Wallet Provider SafePal Invests in Swiss Bank to Enable Banking Services for Crypto Users
7.3.2024
SafePal has made a strategic investment in Swiss bank Fiat24, aiming to provide users with a banking gateway to pay for expenses using digital assets and transfer funds to compliant banks.
The post Crypto Wallet Provider SafePal Invests in Swiss Bank to Enable Banking Services for Crypto Users...
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...
Nayib Bukele Reacts to Bitcoin Critic’s Indictment with Laughter
7.3.2024
President Nayib Bukele has responded humorously to a social media post highlighting the legal troubles of one of his country's prominent critics in Capitol Hill. Bukele quoted a post on X (formerly Twitter) with a laughing emoji. The post detailed Senator Bob Menendez's indictment, adding a touch...
Binance.US Revenue Plummets 75% Amid Fallout from SEC Lawsuit
7.3.2024
Binance.US lost three-quarters of its revenue after the SEC sued it, according to a new legal filing of a deposition in December 2023 by Chief Operations Officer Christopher Blodgett. “Our trading volumes and business more generally have imploded,” said Blodgett after the SEC froze Binance.US’...
MEXC Addresses Missing Funds Concerns Amidst Allegations of ‘Clawbacks’
7.3.2024
The MEXC exchange denies any accusations that it has arbitrarily confiscated customer money. According to a Coin Telegraph report, several MEXC users have recently complained on social media of random “clawbacks” or centralized withdrawal freezes and liquidations of funds. User...
South Korea Seeks Interpol’s Aid to Extradite Terraform Labs Co-Founder
7.3.2024
South Korea's National Police Agency has officially requested assistance from the International Criminal Police Organization (Interpol) in bringing back Kwon Do-hyeong, the co-founder of Terraform Labs, to South Korea.
The post South Korea Seeks Interpol’s Aid to Extradite Terraform Labs...
Hut 8 Faces Multiple Lawsuits From Shareholders Following Stock Crash
7.3.2024
A class action securities lawsuit was filed against Hut 8 Corp., seeking to recover the losses of shareholders who were adversely affected by alleged securities fraud between November 9, 2023, and January 18, 2024.
The post Hut 8 Faces Multiple Lawsuits From Shareholders Following Stock Crash...
Tether and Republic of Uzbekistan sign MoU to foster innovation
7.3.2024
Tether announced signing a Memorandum of Understanding (MoU) with NAPP, the National Agency of Perspective Projects in the Republic of Uzbekistan. The objective is to foster innovation, boost the adoption of blockchain, and make the region a hub for peer-to-peer technology. The move underscores...