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Kraken Warns SEC’s Claims Could Reorder US Financial Structure

10.5.2024
The crypto exchange Kraken urged the US court to dismiss the SEC claims against it to avoid a "significant reordering" of the US financial regulatory structure. The post Kraken Warns SEC’s Claims Could Reorder US Financial Structure appeared first on Cryptonews

zkLogin includes Multi-sig Recovery & Apple Credentials for security

10.5.2024
zkLogin, a leading authentication platform leveraging zero-knowledge proofs for privacy-preserving logins, has announced significant upgrades to its service, including multi-signature recovery and support for Apple credentials. These new features mark a major milestone in zkLogin’s mission...

zkSync Protocol Upgrade V24 to benefit builders and users

10.5.2024
zkSync Era is undergoing an upgrade and has some great news for users and builders. Following its most recent upgrade (VM version 1.4.2, Protocol version 22), which introduced EIP-4844 support and significantly decreased our fees by a factor of 10, now is the opportune moment to introduce some...

Arch Labs $7 Million to Develop Bitcoin-Native Application Platform

10.5.2024
Arch Labs raises $7 million in a seed funding round led by Multicoin Capital, aiming to enhance the functionality of the Bitcoin blockchain through native applications. The post Arch Labs $7 Million to Develop Bitcoin-Native Application Platform appeared first on Cryptonews

Canaan Launches Upgraded Version of Its Avalon A15 Series Bitcoin Miner

10.5.2024
Canaan Inc. has launched the Avalon A15 series, with the new product being the A1566 model. This upgraded bitcoin mining machine incorporates Canaan’s most advanced technology. The A1566 model sets a new performance benchmark with an industry-leading energy efficiency ratio of 18.5 joules...

Agridex Raises $5 Million to Expand Agricultural Tokenization on Solana

10.5.2024
In a recent funding initiative, the Solana-based Agridex project secured $5 million in a pre-seed round aimed at enhancing the tokenization of agricultural commodities. The funding, led by Endeavour Ventures, included contributions from African Crops Limited and Oldenburg Vineyards. Agridex...

Robinhood’s Crypto Revenue Surges 232% Despite Looming SEC Battle

10.5.2024
Retail trading platform Robinhood has announced that its crypto revenue grew by 232% in the first quarter. Despite this success, Robinhood faces potential enforcement action by the U.S. Securities and Exchange Commission (SEC), alleging that some of the cryptocurrencies offered on its platform...

Ghana Merges Tradition and Technology with NFT Stamp Collection

10.5.2024
Ghana Post has released a limited edition series of crypto stamps to mark the Silver Jubilee of His Majesty Otumfuo Osei Tutu II. Each stamp is connected to a unique NFT, offering collectors verifiable ownership on the blockchain. The post Ghana Merges Tradition and Technology with NFT Stamp...

Binance Slapped With $4.3 Million Fine By Canada’s FINTRAC

9.5.2024
Crypto exchange Binance is facing a $4.3 million USD fine by the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) for violating terrorist financing and money laundering laws, the Canadian regulator announced Thursday. News of the fine comes just over a week after former...

Ripple and XRPL Labs Join Alliance to Develop Blockchain Recovery Standards

9.5.2024
Ripple and XRPL Labs have become founding members of the Derec Alliance, which aims to create an interoperable recovery standard for digital assets. This initiative is expected to simplify the recovery process and encourage widespread adoption by making digital asset management more user-friendly...

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