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Brazilian Soccer Star Ronaldinho Fails to Turn Up at ‘Crypto Scam’ Hearing
28.8.2023
The Brazilian football (soccer) icon Ronaldinho has failed to show at a parliamentary hearing on crypto pyramids, and could face jail time if he refuses to attend another hearing later this month.
Per Sport.es and Livecoins, the Brazilian Chamber of Deputies’ Financial Pyramids Committee...
Blockchain Bettors Favor Vivek Ramaswamy Over Ron DeSantis as Strong Trump Challenger Post-GOP Debate
27.8.2023
During Wednesday's first debate for the 2024 U.S. Republican presidential nomination, candidates aimed to shift attention away from non-participating former President Donald Trump. Nevertheless, much of the spotlight remained on political newcomer Vivek Ramaswamy.
Former President Donald Trump...
Binance Discontinues Peer-to-Peer Service with Sanctioned Russian Banks – Here's the Latest
26.8.2023
Binance has ended its relationship with five Russian banks under sanctions on the exchange's peer-to-peer service for ruble fund transfers.
Binance received criticism from The Wall Street Journal (WSJ) on August 22 for offering sanctioned Russian banks like Tinkoff and Rosbank as transfer options....
US Treasury Department Proposes New Reporting Requirements for Digital Asset Brokers – An Attempt to “Kill” Crypto Adoption?
25.8.2023
The US Department of the Treasury and Internal Revenue Service (IRS) on Friday released new proposed regulations that would require the brokers of digital assets to report certain sales and exchanges in an effort to crack down on tax cheats, as well as to assist law-abiding taxpayers know how much...
Exodus Records Solid Q2 with $12.4 Million Revenue – Crypto Wallets Making a Comeback?
25.8.2023
Crypto wallet company Exodus recorded a revenue of $12.4 million in the second quarter, experiencing a 4% decline compared to the previous year, the company announced on Tuesday.
Despite the revenue dip, Exodus achieved a net income of $1.9 million, a significant outcome that was influenced...
Bitfinex Crypto Exchange Collaborates with Turkey's Second-Largest Bank to Offer Free Turkish Lira Deposits
25.8.2023
Crypto trading platform Bitfinex has unveiled a feature that allows its Turkish customers to directly deposit Turkish Lira into their accounts without incurring any charges....
Read More: Bitfinex Crypto Exchange Collaborates with Turkey's Second-Largest Bank to Offer Free Turkish Lira Deposits
Base publishes an update on its commitment to Superchain
25.8.2023
Base has published the update on its commitment to Superchain, assuring the community that its work toward enhancing decentralization is ongoing. The announcement adds a reminder about building the mechanism on OP Stack along with Optimism. The overall objective is to achieve an economy that goes...
Cybersecurity Breach at Kroll Affects FTX and BlockFi Claimants' Data
25.8.2023
A cybersecurity breach at FTX’s bankruptcy claims agent Kroll has compromised user data from both FTX and the bankrupt crypto lender BlockFi.
The compromised data consisted only of “non-sensitive” customer information, FTX said on X on Thursday, stressing that account passwords were not stored...
NFL and Mythical Games Unveil NFL Rivals: The First Web3-Powered NFL Game
25.8.2023
Web3 game studio Mythical Games officially launched the first Web3 technology-powered, NFL-licensed game. 'NFL Rivals'.
On August 24, the Kickoff program went live - "bringing the Mythical Marketplace to the NFL Rivals app for all players to participate in the game economy we’re all building...
Popular Decentralized Exchange 1Inch Partners with Coinbase's Base Network to Expand Liquidity Aggregation
25.8.2023
Popular Decentralized exchange aggregator 1inch partners with Coinbase's Ethereum Layer 2 network Base to deploy its 1inch Aggregation Protocol and the 1inch Limit Order Protocol.
With the mainnet launch of Base on August 9th, exchanges like Uniswap, Balancer, and SushiSwap have just joined...
Magnate Finance Website Goes Offline as Users Fear $6.4 Million Exit Scam
25.8.2023
Magnate Finance on Base has deleted its Telegram group and took its website offline earlier today, sparking fears of a yet another exit scam.
Magnate Finance, which holds $6.4 million in Total Locked Value, has ties with other financial exit scams.
Blockchain analyst ZachXBT also warned of...
South Korean Crypto Murder Case Takes New Twist – Suspect: ‘My Confession Was False’
25.8.2023
A bizarre South Korean crypto-related murder case has taken a new twist, with one of the chief suspects telling a court his initial confession was “false.”
The case revolves around a woman who was apparently abducted from a busy street in Seoul’s affluent Gangnam District in March this year.
The...
Stateless Blockchains: The Future, or Just a Mirage?
25.8.2023
In an article released today by a16zcrypto, researchers Miranda Christ and Joseph Bonneau shed light on the intricate challenges of implementing stateless blockchains. Their extensive research delves deep into the complexities of the topic, offering a fresh perspective that promises to shape...
Can KYC and Permissionless Money Co-exist? Not According to This Crypto Influencer
24.8.2023
In light of the recent arrest of the founders of Tornado Cash, a decentralized private payments protocol built on top of the Ethereum network that severs the link between sending and receiving wallets, some are questioning whether Know Your Customer (KYC) laws and permissionless money can co-exist....
Worldcoin Faces Global Regulatory Hurdles Amid Expansion
24.8.2023
Recent developments around Worldcoin have reignited discussions on data privacy and the ethical implications of personal identification. The project's audacious goal to grant everyone on Earth a biometrically verified digital ID has captured attention globally—and not always in a good way.
With...
UK Plans To Ban Crypto Cold Calls, Seeks Public Opinion For Evaluation On Businesses
24.8.2023
The UK government is evaluating the impact of a potential financial services cold call ban on businesses and private enterprises.
As part of its plans to minimize the risk to consumers in the economy, the UK Treasury has issued a consultation paper to poll citizens on the perceived impact of...
Base Commits to Decentralization, Collective Growth of The Optimism Collective’s L2 Ecosystem
24.8.2023
The US’s largest cryptocurrency exchange and the largest publicly traded crypto company in the world Coinbase just released a blog post emphasizing its commitment to respecting the principles of decentralization relating to its newly launched layer-2 Ethereum scaling protocol Base.
Base,...
FTX Bankruptcy: Daily Legal Costs Mount to $1.5 Million, Raising Concerns Among Creditors
24.8.2023
The FTX bankruptcy saga has taken an alarming turn as daily legal expenses surge to a staggering $1.5 million, with creditors now sounding the alarm.
Lawyers and other bankruptcy professionals are racking up these costs while dissecting the remains of the major crypto exchange, CoinDesk reported...
Crypto Lender Ledn Partners With Parallel To Offer Fiat-Free Real Estate Purchases in Cayman Islands
24.8.2023
On August 24, Cryptocurrency lender Ledn partnered with Cayman's top crypto real estate broker, Parallel, to allow crypto investors to buy Cayman Islands real estate using digital assets.
The alliance opens up a new way for crypto investors to avoid the need to convert to fiat or sell their crypto...
EXCLUSIVE: Crypto Lender Ledn Partners With Parallel To Offer Fiat-Free Real Estate Purchases in Cayman Islands
24.8.2023
On August 24, Cryptocurrency lender Ledn partnered with Cayman's top crypto real estate broker, Parallel, to allow crypto investors to buy Cayman Islands real estate using digital assets.
The alliance opens up a new way for crypto investors to avoid the need to convert to fiat or sell their crypto...