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Binance Introduces Zero Maker Fees for TUSD Trading Pairs – The Next Tether Stablecoin?
22.6.2023
Crypto exchange giant Binance has announced a new zero-maker fee promotion for stablecoin TUSD. Starting from 30th June, the promotional offer covers both spot and margin trading for TrueUSD.
The zero trading fee promotion for USD stablecoin applies to all existing and new USD stablecoin pairs...
US Federal Agencies Unite to Form 'Mini-FBI' for Dark Web Crypto Crime
22.6.2023
The U.S. government has established a new task force for targeting crypto crime consisting of five investigators from different federal agencies....
Read More: US Federal Agencies Unite to Form 'Mini-FBI' for Dark Web Crypto Crime
UMA Protocol introduces oSnap in partnership with Snapshot
22.6.2023
Snapshot has announced a partnership with UMA Protocol, paving the way for the introduction of oSnap for a list of benefits. oSnap stands for Optimistic Snapshot Executive; it allows DAOs to propose transactions, submit on-chain data, and participate in off-chain governance votes. DAO token holders...
Russian Who Sent Crypto to Ukrainian Army to Face Treason Charges
22.6.2023
A Russian citizen has been arrested for allegedly sending crypto to Ukraine’s armed forces – and will be tried on treason charges.
The Russian news agency Tass reported that the (unnamed) citizen is a resident of the Far Eastern territory of Khabarovsk Krai, across the sea from Japan.
The citizen...
BTC-demanding Hackers Release 1.5TB Worth of Argentine Regulator’s Data
22.6.2023
Bitcoin (BTC)-demanding hackers have released over 1.5 terabytes worth of the Argentine markets regulator’s data on the darkweb after the latter refused to pay a ransom.
Per the media outlet Criptonoticias and tweets from the developer Maximiliano Firtman, the attack was carried out by a hacking...
Hong Kong Should Follow Singapore, Japan in Crypto: Government Study
21.6.2023
A government study conducted by the Research Office at Hong Kong’s Legislative Council has suggested that the city should take cues from countries like Japan and Singapore in its efforts to develop and embrace Web3 technologies and crypto....
Read More: Hong Kong Should Follow Singapore, Japan...
Web3 Investments: The Perfect Hedge Against Disruption, Says Corporate VC
21.6.2023
Web3 investments are being touted as the perfect hedge against disruption in the tech industry, according to Martin El-Khouri, a senior director at venture capital firm Bertelsmann Investments.
Despite the regulatory challenges and market downturn, investors are continuing to back new ventures...
Bitcoin Miner Iris Energy Turns to High-Performance Computing Amid Rising AI Demand
21.6.2023
The Nasdaq-listed Bitcoin mining firm Iris Energy has announced its expansion plans to cater to the rising demand of data centers for AI.
The mining firm will expand to 9.1 EH/s (exahashes per second) and revitalize its high-performance computing (“HPC”) data center strategy, as per a press...
Investment Bank Berenberg: Stablecoins and DeFi Likely to Face SEC's Crypto Crackdown Next
21.6.2023
The U.S. Securities and Exchange Commission (SEC) is likely to extend its enforcement crackdown to both decentralized finance (DeFi) and stablecoins, wrote Berenberg in a research report published on Tuesday.
As read by CoinDesk, the investment bank said that two of the SEC’s next targets...
Atomic Wallet Hackers Hide $35 Million Stolen Crypto Funds Using THORChain – Here's What You Need to Know
21.6.2023
Hackers that exploited Atomic Wallet for over $100 million earlier this month are using the cross-chain liquidity protocol THORChain to hide their loot.
According to on-chain data, 503 ETH equivalent to $870,000, associated with the Atomic hack, was moved to THORChain on the 18th and 19th of June...
Energy Web expands to Polkadot, Fueling the global energy transition
21.6.2023
Energy Web, composed of companies utilizing decentralized open-source technologies to expedite the energy transition, is expanding its reach to Polkadot. This blockchain network is at the forefront of driving a better web, and Energy Web’s move will allow them to establish the framework...
International Central Bank Group BIS: Global Financial System Could Benefit from Unified CBDCs
21.6.2023
A unified electronic ledger, combining central bank digital currencies (CBDCs) and other tokenized assets, has the potential to enhance the global financial system, according to a report by the Bank for International Settlements (BIS).
The proposed ledger would leverage automated smart contracts...
Startup Arbol Debuts AI and Blockchain-Driven Climate Insurance Platform – How Does it Work?
21.6.2023
US-based startup Arbol has revealed a parametric insurance platform powered by artificial intelligence (AI) and blockchain, developed in collaboration with The Institutes RiskStream Collaborative.
"dRe is live and in production," said a press release on Tuesday.
It's described as the first...
French Real Estate Firm Signs Crypto Pay Deal – Is Adoption on the Rise?
21.6.2023
A French real estate firm has signed a partnership deal with domestic crypto pay provider, an indication that the European nation may be the next to embrace crypto-powered commerce.
Per Boursier, Apsys will allow customers to pay using crypto at all of its shopping malls.
The firm operates...
Ukrainian Investigators Find ‘Illegal Crypto Mining Farm’ at State-run Firm
21.6.2023
Ukraine’s State Bureau of Investigation says it has uncovered an illegal crypto mining farm in a state-owned enterprise in the Western region of Lviv.
In an official post, the bureau (SBI) said that the farm was being run by managers of a branch of the state-owned company Forests of Ukraine...
Billion Dollar Crypto Payments Firm Wyre to Shut Down Amid Market Conditions
20.6.2023
Crypto-based payments firm Wyre is shutting down its business, citing “market conditions” and a need to protect the interest of stakeholders and customers.
The news of the shut-down came in the form of a tweet published on Friday, where the company stressed that the decision was purely...
Bank of England Project Finds CBDCs Could Introduce 'Programmability' to Money
20.6.2023
A trial conducted by the Bank of England (BoE) and the Bank for International Settlements (BIS) Innovation Hub has highlighted the potential central bank digital currencies (CBDCs) have for introducing “programmability” to money....
Read More: Bank of England Project Finds CBDCs Could Introduce...
Deutsche Bank Applies For Crypto Custody License: Bloomberg
20.6.2023
Germany’s largest financial institution Deutsche Bank AG is seeking regulatory permission to operate a custodial platform to offer cryptocurrencies.
Deutsche Bank has filed for regulatory permission with German’s Federal Financial Supervisory Authority (BaFin) to offer crypto custodial services....
Japan's Crypto Exchanges Seek Looser Margin Trading Regulations for Growth
20.6.2023
Japan's crypto exchanges are seeking regulations that would allow retail investors higher leverage on margin trading.
Japan's Virtual & Crypto Assets Exchange Association revealed that the crypto exchanges in the country are seeking permitted leverage for retail investors of four to ten times. ...
Ethereum Blockchain Explorer Etherscan Unveils ChatGPT Integration in Code Reader – Game Changer for Developers?
20.6.2023
Artificial intelligence has found more utility in the blockchain ecosystem.
A Leading Ethereum blockchain explorer, Etherscan, has unveiled AI integration in its newly launched Code Reader beta version.
On June 19, Etherscan announced that its new Code Reader would combine OpenAI API...