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SEC Identifies Algorand and Five Other Tokens as Securities in Bittrex Case – Here's the Latest
18.4.2023
The Securities and Exchange Commission (SEC) has charged crypto asset trading platform Bittrex, Inc., its co-founder and former CEO William Shihara, and its foreign affiliate Bittrex Global GmbH for operating an unregistered national securities exchange, broker, and clearing agency.
According...
USDC Issuer Circle Exec to Testify at US Congressional Hearing on Stablecoins
17.4.2023
Circle, the US company behind the popular stablecoin USDC, is set to testify in a Congress hearing on Wednesday about stablecoin regulation in the US.
In the hearing, titled “Understanding Stablecoins’ Role in Payments and the Need for Legislation,” Circle’s Chief Strategy Officer Dante Disparte...
US Congressman Declares Plan to Fire SEC Chair Gary Gensler for Crypto Overreach – Here's the Latest
17.4.2023
Republican Congressman Warren Davidson has introduced legislation with an aim to remove Securities and Exchange Commission (SEC) Chair Gary Gensler from his role.
The legislation was announced by Davidson via Twitter this weekend, and came in response to proposed rules by the SEC that would...
Brazilian Supermarket Bomber ‘Demanded BTC Ransom’
14.4.2023
A Brazilian barber has admitted to blowing up a supermarket and trying to blackmail its owner into paying a Bitcoin (BTC) ransom.
In an official police release, officers explained that the man demanded a BTC payment of just under $61,000.
The man, described as a 33-year-old barber with...
Crypto Holders Face Tricky Tax Situations as US Taxes Due Next Week – Here's What You Need to Know
14.4.2023
Crypto investors in the US are finding themselves in tricky tax situations, with many of them still struggling with losses from last year’s market downturn and the many bankruptcies that occurred....
Read More: Crypto Holders Face Tricky Tax Situations as US Taxes Due Next Week – Here's What...
DIA’s Oracle suite accessible on the zkSync Era testnet
14.4.2023
DIA’s Oracle suite presently happens to be accessible on zkSync. It comes with customizable price feeds, along with randomness, as well as NFT collections and a lot more. There will also be over three thousand tokens, as well as more than eighteen thousand NFT collections, all for the ultimate...
INTMAX manages to obtain $5M through the seed round
14.4.2023
INTMAX happens to have successfully obtained for itself an amount, to the tune of $5 million, through a seed round. This amount will now duly be utilized for the creation of a stateless zkRollup. The entity happens to be in the process of building an upgradable zkRollup and which will happen to...
Twitter and eToro Partner for Stock and Crypto Trading as Musk Drives Finance Integration
13.4.2023
Twitter and the trading platform eToro have teamed up to allow social media users to buy and sell crypto, stocks and other financial assets.
News about the new partnership was first reported by CNBC on Thursday, with the article saying that Twitter will give its users access to price charts on...
EU's MiCA Law Nears Final Vote, Raising High Hopes for Crypto Regulation
13.4.2023
The EU’s new regulatory framework for crypto known as MiCA is expected to be debated in the European Parliament on Tuesday or Wednesday next week, with a final vote expected to follow one day later.
The new regulatory framework covers a wide range of issues within the crypto sector, including...
Mysterious FTX Co-Founder Gary Wang Cooperates with Prosecutors: Inside the Failed Crypto Empire
12.4.2023
The little-known FTX co-founder Gary Wang is reportedly cooperating with prosecutors after pleading guilty to fraud in December.
The cooperation between Wang and prosecutors has been centered around his role at FTX, including his role in the operation and subsequent collapse of the major crypto...
El Salvador Issues Historic First Digital Asset License to Bitfinex Crypto Exchange – Here's What You Need to Know
12.4.2023
With the aim to further boost the crypto-friendly nation’s exposure to cryptocurrencies, El Salvador has handed its first digital asset license to Bitfinex. The latest move by the country’s regulator National Digital Asset Commission (NDAC) makes the exchange the first international digital asset...
Senator Warren and Rep. AOC Investigate Silicon Valley Bank's "White Glove" Treatment of Crypto Firms – Regulation Incoming?
12.4.2023
US Senator and well-known crypto-critic Elizabeth Warren has joined hands with Congresswoman Alexandria Ocasio-Cortez in asking for more details about Silicon Valley Bank’s (SVB) dealings with crypto companies.
The two politicians said in letters sent to some of SVB’s largest clients that they...
Billionaire Winklevoss Twins Invest $100 Million in Gemini Crypto Platform – Here's the Latest
11.4.2023
Taylor and Cameron Winklevoss, the billionaire twins behind the US-based crypto exchange Gemini, have dipped into their personal savings to support their company amidst strong headwinds.
The twins reportedly made a $100 million loan to Gemini, after the platform has endured a crypto bear market...
Hong Kong Financial Chief Pushes for Web3 Adoption Despite Market Volatility – Next Crypto Hub?
11.4.2023
The city of Hong Kong is continuing its push for Web3 and crypto adoption, despite volatility in the market and regulatory crackdowns elsewhere, Hong Kong’s Financial Secretary Paul Chan has confirmed....
Read More: Hong Kong Financial Chief Pushes for Web3 Adoption Despite Market Volatility – Next...
Russian MPs to Debate Crypto Law in Coming Weeks – Is Regulation Finally on Its Way?
11.4.2023
Russian politicians say they will debate a long-awaited crypto regulation bill before the end of the current parliamentary session.
The move is a suggestion that some parts of the crypto sector may finally move out of the regulatory grey area.
The media outlet News.ru reported that the State Duma...
Ronin to execute updates regarding slashing rules during the DPoS shift
11.4.2023
Ronin recently announced two key updates to ensure a smooth transition to the DPoS upgrade. The network will pause the Ronin bridge and update its slashing rules during the shift. The bridge will be paused to prevent unexpected issues during the sift. The pause will be brief and will be executed...
RabbitHole introduces new on-chain reputation system ETH Earned
7.4.2023
RabbitHole recently announced the release of ETH Earned, its new on-chain reputation system. The system has been introduced to reward users’ network participation. With ETH Earned, RabbitHole aims to reward users for their efforts, making participation as strong as investments. The more quests...
Interchain Foundation forwards a grant to Datachain
7.4.2023
The Interchain Foundation has once again forwarded a grant to Datachain. The first time they did this was in the month of October 2021. This simply proves the fact that the entity happens to be really appreciative of the kind of effort and value creation Datachain has carried out in the form of...
New York Finance Regulator Clarifies: Signature Bank Shutdown Unrelated to Crypto Activities – Bullish for the Industry?
6.4.2023
The idea that the closure of Signature Bank was in any way an attempt to target the crypto sector is “ludicrous,” the Superintendent of the New York Department of Financial Services (NYDFS) has said....
Read More: New York Finance Regulator Clarifies: Signature Bank Shutdown Unrelated to Crypto...
Ethereum Pioneer Unveils New Blockchain for Creatives and Artists – How Does it Work?
6.4.2023
Fabian Vogelsteller said that the goal for his LUKSO project is to become an ecosystem for creatives by "building a whole toolset and ecosystem and marketplace around NFTs using universal profile on the base." ...
Read More: Ethereum Pioneer Unveils New Blockchain for Creatives and Artists –...