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Bitstamp Halts ETH Staking for US Customers Amid Regulatory Uncertainty
24.8.2023
In a move fueled by increasing regulatory uncertainty in the United States, global cryptocurrency exchange Bitstamp has announced to terminate Ethereum staking service for US users.
The exchange has set September 25 as the deadline for users to earn rewards on their staked assets, after which...
EU Officials Provide Ukrainian Police ‘Crypto Crime’ Training
24.8.2023
Ukrainian police officers are receiving crypto crime investigation training from EU officials, with the nation continuing to streamline its crypto and blockchain policy with Brussels.
Per a Bureau of Economic Security (BEB) release, law enforcement officers in Lviv, Ukraine, attended...
Quantstamp Crypto Firm Launches New Service to Prevent Flash Loan Attacks – How Does it Work?
24.8.2023
Blockchain security provider Quantstamp has unveiled an innovative tool named Economic Exploit Analysis, designed to bolster the security of decentralized finance (DeFi) protocols by detecting potential flash loan attack vectors within smart contracts.
As per the Quantstamp's announcement,...
New Zealand is ‘Cautious’ on Crypto While Singapore Takes Proactive Approach to Regulate Stablecoins
24.8.2023
Stakeholders in New Zealand are advocating for a gradual and meticulous strategy in regulating the crypto industry in the country. On the other hand, Singapore is embracing a proactive and comprehensive regulatory stance toward stablecoins....
Read More: New Zealand is ‘Cautious’ on Crypto While...
Binance.US Launches Enhanced USD On-Ramps: Buy & Sell Crypto Using USDT
24.8.2023
Binance.US, now a crypto-only platform for two months, has partnered with crypto payments company MoonPay to allow users to buy and sell crypto using the US dollar-pegged stablecoin Tether (USDT).
On August 22, the crypto exchange declared USDT the new "base asset" for all transactions. This...
Gaming Titans FaZe Banks and Nadeshot Among Friend.tech's Top Earners
23.8.2023
Top esports and gaming influencers, including Ricky “FaZe Banks” Bengston, Nordan “FaZe Rain” Shat, and 100 Thieves CEO Matthew “Nadeshot” Haag, are among the leading earners on the new social token platform Friend.tech.
The platform, operating on the Base network, allows users to trade "keys"...
Tornado Cash Developers Charged With Money Laundering and Sanctions Violations That Facilitated Over $1 Billion in Illicit Transactions
23.8.2023
Two more developers who worked on Tornado Cash, an Ethereum network-based privacy protocol designed to obfuscate the link between sending and receiving addresses, are being charged by the US Depart of Justice.
Developers Roman Storm and Roman Semenov are both being charged with money laundering...
Binance Pay Steps into Brazil: Simplifying Crypto Payments for Businesses – Crypto Adoption on the Rise?
23.8.2023
The major crypto exchange Binance has launched its crypto payments processor Binance Pay in Brazil, aiming to streamline crypto payments for local merchants, an announcement from Binance said.
Compared with traditional payments processors, Binance Pay offers faster transactions speeds and lower...
Israeli Business Tycoon Moshe Hogeg Accused of $290 Million Crypto Scam Following Two-Year Probe
23.8.2023
Business tycoon and former owner of Beitar Jerusalem FC, Moshe Hogeg, has been accused by the Israeli police of orchestrating a $290 million crypto scam.
According to the authorities, Hogeg raised a staggering $290 million from investors both in Israel and internationally through four...
Atomic Wallet Investors Files Lawsuit For “Non Disclosure” Following $100 Million Hack
23.8.2023
A number of Atomic Wallet investors have filed a class action lawsuit against the company over its failure to disclose information about the hack which resulted in $100 million.
According to a report by German BNE IntelliNews on Aug. 21, the plaintiffs make up high network individuals from Russia...
Coin Center Sends Letter to Congress Seeking Clarity on Crypto Tax Regulations
23.8.2023
Crypto policy think tank Coin Center has sent a formal letter to Senate Finance Committee Chairman Ron Wyden and Finance Committee Ranking Member Mike Crapo, advocating for clear and reasonable tax policies for digital assets.
“Governments should state clearly and in detail how cryptocurrency...
Crypto Investors Pull Out $55 Million Amid Doubts Over Bitcoin ETF Approval
23.8.2023
Investors in crypto-backed investment funds have pulled out some $55 million from the market as worries have grown that the US Securities and Exchange Commission (SEC) may not be ready to approve a spot Bitcoin exchange-traded fund (ETF)....
Read More: Crypto Investors Pull Out $55 Million Amid...
Citi Bank Report: Most Global Security Firms Back CBDCs For Faster Payments
23.8.2023
A new research conducted by banking giant, Citi, shows that most financial institutions are leaning toward adopting Central Bank Digital Currencies (CBDCs) for faster global payments.
In its latest edition of the Securities Services Evolution, the bank surveyed 12 financial market infrastructures...
Exactly Protocol Announces $700,000 Bounty For Information on Hacker
23.8.2023
Optimism-based Exactly Protocol that lost $7.3M million in a recent exploit is offering a bounty of $700,000 on any information that could lead to the arrest of the hacker and help recover lost funds.
The DeFi protocol revealed the cause of the exploit on August 19. The team behind Exactly...
Report: Australia Explores CBDC Use Cases in Four Key Areas, Says Technology is “Some Years Away”
23.8.2023
The Reserve Bank of Australia (RBA), the country’s de-facto central bank, released the findings of its central bank digital currency (CBDC) pilot project which has the potential “to support increased efficiency and resilience in some areas of the payments system”.
Per a report released...
World Mobile announces partnership with SingularityNET
23.8.2023
Mobile Network has announced that they have entered into a partnership agreement with SingularityNET. The purpose of this partnership is to enhance customer support service, facilitate blockchain-based loan service, and accelerate AI-powered credit rating. This enables World Mobile to demonstrate...
K-Pop Superstars Blackpink Launch Metaverse Experience in Roblox – Is The Metaverse Making a Comeback?
23.8.2023
K-pop giant Blackpink is set to go live on the popular Roblox gaming platform with a new immersive experience for Blinks, the group's fans.
"BLACKPINK has come to Roblox for the first time," the event description said.
'Blackpink: The Palace' was built by the metaverse studio Karta...
Risc Zero launches the first Zero zkEVM
23.8.2023
RISC Zero has announced the launch of the first Zero zkEVM. It is an open-source way dedicatedly designed for developers who are looking to construct their projects for the next generation. It takes Web3 a step forward, paves the way for upcoming decentralized applications, and puts assurance that...
Is inclusion of Blockchain technology in national economies on horizon?
23.8.2023
Blockchain technology is a platitude that has no real meaning that a layman can easily comprehend and use. People are consistently hearing terms like blockchain technology, cryptocurrencies, and smart contracts and are using them synonymously without getting a hold of the real meaning. However...
Titan Global Capital Management Settles with the SEC, Agrees to $1 Million Fine for Misleading Crypto Fund Claims
23.8.2023
The New York-based fintech investment adviser, Titan Global Capital Management, has agreed to comply with the US Securities and Exchange Commission's (SEC) cease-and-desist order and paid fines exceeding $1 million for misleading investors about its cryptocurrency offering....
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