Search
Carbonbase to launch Digital Carbon Registry with HBAR Foundation and ImpactX
29.8.2023
Carbonbase has announced its partnership with the HBAR Foundation and ImpactX for the purpose of launching a native Carbon registry in the Asian region. This is based on the idea that the Asia-Pacific was a major contributor to the emission of Carbon Dioxide, accounting for more than 50% of total...
DCG Reaches Preliminary Agreement with Genesis Creditors, Offering Potential 70%-90% Recovery
29.8.2023
Digital Currency Group has reached a preliminary agreement with Genesis creditors to settle the claims by reimbursing 70-90% in USD equivalent to unsecured creditors.
As per a court filing, the in-principle deal reached with Genesis creditors offers up to 65%- 90% recovery on an in-kind basis...
FTX Founder Sam Bankman-Fried's Defense Again Seeks 'Temporary Release' for Trial Preparation
29.8.2023
On August 25, former FTX CEO Sam Bankman-Fried's attorneys filed a new motion seeking his "temporary release" or, alternatively, requesting that he be allowed to meet with his defense team five days a week based on his right to assist in preparing his defense.
On Friday, the defense team lodged...
SingularityNET X Vechain: Drives Blockchain growth & innovation
29.8.2023
SingularityNET is of the firm opinion that the power of AGI can be unleashed when it is linked with the decentralized blockchain technology. Therefore, the company has forged a meaningful collaboration with Vechain for the linking of Artificial Intelligence with blockchain technology. This is...
SEC Commissioners Dissent Against Agency's First NFT Enforcement Action
29.8.2023
In a display of dissent within the United States Securities and Exchange Commission (SEC), Commissioners Hester Peirce and Mark T. Uyeda have expressed their reservations regarding the agency's first NFT enforcement action against the media firm Impact Theory.
The move marks the SEC's first foray...
Republican Lawmakers Accuse Fed of Obstructing Advancements on Stablecoin Bill
29.8.2023
A group of Republican lawmakers have expressed their concerns regarding the Federal Reserve's recent measures aimed at strengthening its oversight of crypto and stablecoin activities within banks.
These lawmakers have complained that such actions are hindering the advancement of their proposed...
Is Friend.tech Really Dead? – Here's What We Know
29.8.2023
Friend.tech, the newest social app for web3 launched early this month, has already been pronounced ‘dead’ by industry speculators following a sharp decline in inflows, volume, etc.
Friend.tech is a blockchain-based platform that lets users buy and sell cryptos linked to their favorite influencers...
Solana-based Protocol Clockwork To Shut Down Despite $4 Million Seed Funding
28.8.2023
Solana-based automation protocol Clockwork will be winding up its operations after its founder disclosed the company’s decision to step away from “active development of the protocol.”
Nick Garfield, the founder of the protocol announced on Aug 28 the plans of the company to shut its doors by...
Ben 'BitBoy' Crypto Fired From His Own Company In 'Coup' - What's Going On?
28.8.2023
Prominent cryptocurrency influencer Ben Armstrong, founder of BitBoy Crypto, has announced his departure due to an internal coup led by TJ Shedd and Justin Williams.
Despite expressing confidence in his position by stating, "Until they can clone me, I have nothing to worry about," Armstrong...
Asia's Richest Man Mukesh Ambani To Invest In Blockchain To Drive 'Digital Adoption In India'
28.8.2023
Indian multinational conglomerate Reliance’s financial services arm – Jio Financial Services (JFS) – is tapping blockchain tech and central bank digital currencies (CBDCs) for its offerings.
Reliance head and Asia’s top billionaire Mukesh Ambani said during the company's annual general meeting...
OKX And Bybit Suspends Sanctioned Russian Banks From P2P Services
28.8.2023
OKX and Bybit are the latest digital asset exchanges to delist sanctioned Russian banks from their peer-to-peer (P2P) services.
Two Russian banks, Tinkoff Bank and Sberbank have both been removed from P2P services of some crypto exchanges due to Western sanctions following the invasion...
Crypto Industry Positioned for Growth After Market Turbulence, Says Circle CEO Jeremy Allaire
28.8.2023
Despite a challenging year for the sector, Circle CEO Jeremy Allaire remains optimistic about the potential for growth and transformation in digital assets over the coming years – including on the regulatory front.
During a newly published interview with Fortune, Allaire drew parallels between...
Laos Cuts Power Supply To Crypto Mining Firms, Cites Production Concerns
28.8.2023
Electricite du Laos (EDL), the state-run power distribution company, has announced a major cut to crypto mining firms in the country, swerving from its pro-crypto stance since 2021.
According to local news reports, the country cites several reasons for the sudden decision ranging from electricity...
Binance extends support to BNB Smart Chain (BEP20)
28.8.2023
Binance has announced that it will support the network upgrade and hard fork of BNB Smart Chain. The starting time stated in the announcement is August 30, 2023, 7:30 UTC. Deposits and withdrawals will be suspended 15 minutes before that, to be resumed when the network is deemed stable...
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...
South Korean Crypto Exchanges Mandated to Maintain Reserve Funds of $2.3 Million
28.8.2023
South Korean cryptocurrency exchanges will be required to maintain a reserve fund of at least 3 billion won (approximately $2.3 million) in designated bank accounts starting September.
The new regulations for crypto exchanges are aimed at enhancing user protection in the event of unforeseen...
Layer 2 Solution Shibarium Resumes Asset Withdrawals on Bridge, Alleviating Previous Concerns
28.8.2023
Shibarium, the Layer 2 blockchain developed by the creators of memecoin Shiba Inu, is finally resuming token withdrawals via the bridge – a tool that transfers tokens across different networks....
Read More: Layer 2 Solution Shibarium Resumes Asset Withdrawals on Bridge, Alleviating Previous...
Shytoshi Kusama shares scaling update for Shibarium
28.8.2023
Shibarium is live, said Shytoshi Kusama in a blog post. The community has started embracing the native blockchain already. There is a little question, though, about how far it will scale in the time to come. Shytoshi Kusama did not waste a second to address this aspect. They have gone on to inform...
PM Modi Advocates Global Framework for Crypto Regulation and Ethical AI at B20 Summit
28.8.2023
Speaking at the B20 Summit India 2023, organized by CII, Prime Minister Narendra Modi emphasized the need for a worldwide framework for cryptocurrencies and the ethical implementation of artificial intelligence (AI).
Modi, addressing the summit, which took place from August 25–27 in New Delhi...
Balancer Protocol Exploited for $900k Despite Prior Vulnerability Alert
28.8.2023
Decentralized finance protocol Balancer was exploited for nearly $900,000 on Sunday, a few days after a critical vulnerability was reported affecting a number of V2 pools.
Blockchain security expert Meier Dolev revealed the identity of the hacker who exploited the vulnerability. ...
Read More:...