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Trump Calls CBDC a “Very Dangerous Thing,” Criticizes Artificial Intelligence
5.2.2024
Former president and leading Republican presidential candidate Donald J. Trump called the prospect of a central bank digital currency (CBDC) a “very dangerous thing” during a February 2 interview on Fox Business. Trump Doubles Down On Anti-CBDC Stance Fielding questions from Maria Bartiromo, Trump...
Inflows of US Digital Asset ETFs Hits Total of $7.7B in Four Weeks
5.2.2024
Digital asset management funds are still on a record rise. So far, the crypto-backed investment products have recorded $7.7 billion in total inflows in the US, according to a February 6 CoinShares report on crypto-backed investment funds. CoinShares Head of Research James Butterfill shared...
GoDaddy and ENS Partner to Offer Free Linking of .eth Domains to Traditional Web2 Domains
5.2.2024
ENS, the domain name protocol on the Ethereum network, has announced a partnership with GoDaddy, the largest internet domain registry, allowing users to seamlessly link their internet domains to ENS addresses without any cost. Announced on February 5, GoDaddy domain name holders can now easily link...
First U.S. Bank to Introduce Crypto Checking Accounts Reverses Course, Closes Crypto Banking Mobile App
5.2.2024
A bank claiming to be the first U.S. banking institution to allow its customers to buy, sell, and hold cryptocurrencies “alongside a traditional checking account,” closed its mobile crypto app last week. In a FAQ posted on its website, Vast Bank said it was exiting the crypto industry and would...
EIA Begins Probe on Crypto Mining’s Energy Use Following White House Directive
5.2.2024
The energy demands of crypto mining in the United States have rapidly increased over the past four years, according to a February 1 press release from the Environmental Impact Agency (EIA). The EIA has been working under strict directives from the White House to gauge the energy consumption of...
Online Crypto Course Founder Faces SEC Charges in $1.2 Million Fraud Case
5.2.2024
The founder of the American Bitcoin Academy was charged with crypto fraud by the Securities and Exchange Commission on February 2. In a press release published by the SEC, the agency noted that Brian Sewell, founder of American Bitcoin Academy, convinced his students to invest in a crypto hedge...
Tether Leads Crypto Mobile App Oobit’s $25 Million Series A Funding
5.2.2024
Tether announced today that it led a $25 million Series A funding round for crypto mobile payments app Oobit. Crypto’s biggest stablecoin issuer said the funding will contribute to Oobit’s ongoing development. The mobile app enables users to tap and pay for goods and services with their...
Indian Government Rejects Binance’s Plea to Resume Operations, Demands PMLA Compliance
5.2.2024
Cryptocurrency exchange Binance is engaged in discussions with the Indian government to regain access to its mobile app and website in the country following its delisting from Apple’s India app store. While Binance is prepared to pay taxes and penalties, it is currently unwilling to comply...
Curtain Fell: Ideal Cooperation Blockchain (ICB) Presents Advanced Blockchain Network at ICO Level
5.2.2024
PRESS RELEASE. Singapore, February 5th, 2024 – ICB Crypto Services eagerly announces the initiation of Ideal Cooperation Blockchain (ICB), a prominent venture introduced by ICB Labs. After its recent inception a few years ago, ICB Labs is going to organize an official launch of the blockchain...
Victoria VR Aims to Be the First Crypto-Related App for Apple’s Vision Pro
5.2.2024
Victoria VR is slated to become the inaugural crypto-related application for the Apple Vision Pro. With a focus on active user engagement and a blockchain-based economy, the game will have to navigate the challenges posed by App Store policies as it relates to applications involving crypto....
Digital Asset Investment Fund Record $708 Million Inflows as AUM Hit $53 Billion
5.2.2024
Digital asset investment funds have seen an increase in inflows across seven days following a market rebound after days of sell-offs. A new CoinShares Weekly Crypto Asset Flows Report shows massive inflows into Bitcoin (BTC) and other cryptocurrencies, raising yearly entries to $1.6 billion....
Blockchain Parser Discovers Strange Spending of $58.7M Worth of Sleeping Bitcoins From 2017
5.2.2024
In the past week, several strange movements of dormant bitcoins have captured the attention of onchain analysts, with nine transactions on Jan. 31, 2024, mobilizing 726 bitcoins that had been stagnant since Mar. 30, 2016. Merely two days after, a staggering 1,210 bitcoins, originating from...
Ex-Terraform Labs CFO Chang-joon Extradited to South Korea- What’s Going On?
5.2.2024
Han Chang-joon, the former Chief Financial Officer of Terraform Labs has been extradited to South Korea by Montenegrin Police after the completion of his jail term. A Feb 5 official release from the country’s police administration says Chang-joon has been extradited to South Korea citing a decision...
MINAR: Revolutionizing Gaming with Decentralized Mining and NFT Integration
5.2.2024
PRESS RELEASE. Istanbul, Feb 5th, 2024 – Today, the gaming world stands on the brink of a transformative evolution as MINAR a pioneering project by Miner Arena, unveils a revolutionary gaming experience that combines decentralized mining with NFT integration. This groundbreaking venture...
Beijing-Run CBEX Denies Links to Same-Named Crypto Firm + More Crypto News
5.2.2024
Get your daily, bite-sized digest of blockchain and crypto news – investigating the stories flying under the radar of today’s news. In today’s edition: Beijing-Run CBEX Denies Links to Same-Named Crypto Firm Bracket Labs Integrates Passage on BNB Chain Following $2M Pre-Seed from Binance Labs Wirex...
AltLayer’s Executive Quells Community Backlash Over $100 Million Airdrop Distribution
5.2.2024
AltLayer’s Head of Growth has described events leading up to gains by a few non-fungible token (NFT) holders as a coincidence. Additionally, Dorothy called for more community support in the future. In a reaction to widespread criticism of handling a recent airdrop, the executive took to X (formerly...
Blockchain Basics Act Reaches Tennessee, 16 Legislatures Working on Similar Bills
5.2.2024
The Blockchain Basics Act, a bill that seeks to secure the rights of state citizens regarding cryptocurrency ownership, self-custody, and mining, has reached Tennessee. The bill, supported by the Satoshi Action Fund, was introduced to the State House by Rep. Kevin Vaughan and simultaneously to...
Hacker Reportedly Breaches Law Enforcement Systems of Binance & Coinbase
5.2.2024
Recent cybersecurity breaches have targeted the law enforcement request systems of prominent tech giants including Google, Meta, and TikTok, and major crypto exchanges like Binance and Coinbase. According to a report by InfoStealers, a notable rise in cybersecurity threats has led to hackers...
Russia’s Sberbank Launches Digital Assets, NFT Offerings for Retail Investors
5.2.2024
Sberbank, Russia’s biggest bank, announced the launch of a digital financial asset and NFT trading platform. On February 2, Sberbank explained that its “digital financial assets (DFAs) platform” was open to “all individuals.” The bank added that “qualified investors” can also invest in...
Solana (SOL) alternative Retik Finance (RETIK) zooms past $19,000,000 in remarkable presale
3.2.2024
As the blockchain landscape continues to evolve, new projects emerge with innovative solutions to address the growing demands of decentralised finance (DeFi) ecosystems. Retik Finance (RETIK) has emerged as a compelling alternative to Solana (SOL), experiencing a meteoric rise in its presale...