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Seeking Grants Deal with Osmosis, Privacy Blockchain Namada Proposes Airdrop
22.5.2023
Ahead of its mainnet launch Namada’s builders are trying to ink an array of tech and token partnerships
Bitcoin Pizza Day Turns Sour as Meme Coin Shysters Profit Over $200K in Rug Pulls
22.5.2023
The 13th anniversary of the first bitcoin transaction has taken a nefarious turn with meme coin issuers profiting over $200,000 from pizza-related rug pulls
Web3 App Development Platform Sort Raises $3.5M to Further Product Growth
22.5.2023
Sort allows developers to incorporate smart contracts into apps
EOS Network Participants Should Consider Legal Action Against Block.one: EOS Foundation CEO
22.5.2023
EOS Network Foundation's founder said the other option is a hard fork to exclude EOS tokens held by B1
SWIFT Data Shows Despite De-Dollarization Push, US Dollar Is Still the King of International Settlements
22.5.2023
The share of the U.S. dollar usage for international payments has risen to 42.71% in April, despite the push of some countries towards de-dollarization. The dollar remains the most used currency in international settlements, with the euro taking second place according to data from the Society...
Crypto Trading Platform Hotbit Terminates CEX Operations
22.5.2023
Hotbit users have until 04:00 UTC on June 21 to withdraw their assets from the platform
Russia ‘Actively’ Working on SWIFT Alternatives, Foreign Ministry Official Says
22.5.2023
The Russian Federation is collaborating with partners to link payment systems alternative to the interbank messaging system SWIFT, a representative of the country’s Ministry of Foreign Affairs announced. The work is part of the de-dollarization of the economy, the official indicated. Russia Seeking...
DEX Mangrove Launches on Polygon Testnet, Plans to go Live on Mainnet in June
22.5.2023
Wintermute and Cumberland-backed Mangrove plans a mainnet launch of its programmable order book DEX in early June
Gemini Says Genesis Parent DCG Missed $630 Million Payment
22.5.2023
Gemini says it is working with Genesis, DCG, and creditors to provide forbearance to DCG in order to avoid a default
Rand Plunges After US Weapons Accusations Against South Africa, Schiff Criticizes Misleading Inflation Numbers, and More — Bitcoin.com News Week in Review
21.5.2023
Another exciting week in crypto and finance has come and gone, with news of U.S. government accusations against South Africa, regarding the alleged supply of the Russian state with ammunition. In other news, ten Southeast Asian nations are challenging U.S. dollar dominance, having agreed...
DAO Treasuries Surge: From $8.8B to $21.5B in 90 Days, Marking a 144% Increase
20.5.2023
According to archived records, 4,833 decentralized autonomous organization (DAO) treasuries held $10.8 billion on April 15, 2022. Over the course of 309 days, by February 19, 2023, the treasuries dwindled to $8.8 billion. However, during the past 90 days, there has been a significant surge, with...
Expert Claims Proposed BRICS Common Currency Poised to Undermine US Dollar Dominance
20.5.2023
A recent report from China’s Global Times reveals that Zhou Yu, an international finance research director at the Shanghai Academy of Social Sciences, believes that the proposed BRICS cross-border currency is a significant step in challenging the dominance of the U.S. dollar. Zhou asserts...
US Justice Department on the hunt for DeFi hackers and thieves: Finance Redefined
19.5.2023
The total value locked in DeFi protocols fell below $50 billion after nearly a month of bullish price action
Vega Token Rallies Ahead of Protocol Possibly Going Live Monday
19.5.2023
The platform is awaiting an expected approval from the community, says Vega’s co-founder
Ripple Appoints Market Research Firm Nielsen's CFO Jenson to Board
19.5.2023
Jenson has held leadership positions at Amazon, Delta Airlines, NBC, Electronic Arts, and Nielsen
Banks Not Getting Anticipated Benefits From Rate Hikes, ECB Executive Admits
19.5.2023
Eurozone banks are profitable but the benefits from higher interest rates may be smaller than expected, according to the deputy head of the single currency area’s monetary authority. The official noted that while most of the tightening has been done already, more rate increases are to come. Euro...
Digital Asset Firm HashKey Group Looks to Raise up to $200M at $1B Valuation: Bloomberg
19.5.2023
The firm is looking to capitalize on Hong Kong's re-emergence as a potential crypto hub as the city has looked to formulate a clear regulatory structure for digital assets
Crypto should become a regular part of TradFi within 5-10 years: Exchange CEO
19.5.2023
Bittrex Global CEO, Oliver Linch, believes crypto conferences won't exist in 5-10 years as crypto would just become a part of traditional finance
Digital Ruble Law Likely to Be Passed in June According to Russian Official
19.5.2023
The digital ruble law project, which was already discussed and approved in its first reading, could be passed in June, according to Anatoly Aksakov, chairman of the Duma’s Financial Markets Committee. The Bank of Russia is currently waiting for the enactment of this ruleset to conduct a live test...
Coinbase Officially Opens Subscription Service; Expands Reach Outside U.S.
18.5.2023
The new service is expanding access to the U.K., Germany and Ireland