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Reebok’s Blockchain-Powered Gaming Experience Set to Transform Fashion
8.12.2023
Source: Futureverse, Reebok AI and metaverse technologies firm Futureverse and American sports culture brand Reebok have joined hands to create AI, Web3, blockchain-based gaming, and metaverse experiences. While the two are expected to make digital versions of Reebok wearables linked...
Blockchain Firm LayerZero Labs to Launch Native Token in 2024
8.12.2023
Source: Adobe Vancouver-based blockchain infrastructure provider LayerZero Labs is coming up with its native token launch in the first half of 2024. In a post on X (formerly Twitter), the company noted that it has heard the crypto community’s speculation regarding the lack of communication on...
El Salvador Partners Tether to Launch Freedom Visa On Bitcoin and USDT Investment
8.12.2023
El Salvador Bitcoin. Source: RawBeautyPixels/Adobe El Salvador has announced a citizenship-by-investment scheme powered by Tether, the company behind stablecoin, USDT that allows people to acquire citizenship through Bitcoin (BTC) and USDT investments. The stablecoin issuer disclosed...
Binance Withdraws Application for Abu Dhabi License, Reassessing Compliance Needs
8.12.2023
Source: Pixabay / satheeshsankaran Binance has officially withdrawn its application for a financial license in Abu Dhabi, according to Reuters. This move is indicative of the exchange’s ongoing reassessment of its global operations and licensing requirements. The application, submitted by...
Saving the Planet, One Token at a Time: The Inspiring Vision Behind Chimpzee
8.12.2023
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content. As the crypto world buzzes with excitement over the latest meme coins and digital collectibles, one emerging project stands out for its meaningful real-world impact: Chimpzee. This unique initiative...
Grayscale CEO Claps Back At Jamie Dimon For Saying Bitcoin Should Be Banned
8.12.2023
Source: Ascannio / Adobe Stock. Bitcoin is here to stay whether big banking executives like Jamie Dimon like it or not, according to Grayscale CEO Michael Sonnhenshein. The executive is the face of the company spearheading the world’s largest Bitcoin (BTC) and Ethereum (ETH) investment funds....
Over 1,000 Bitcoins from Satoshi Era Mined in 2010 Moved to Trading Desks
7.12.2023
Source: Pixabay / Michael Wuensch Nearly 1000 Bitcoin (BTC) worth over $43 million were moved earlier this week after more than 13 years of dormancy, on-chain analysis shows. In a report shared on Wednesday, blockchain analytics platform CryptoQuant noted that a Bitcoin address received 999 BTC...
Russia’s Exved Launches Cross-Border Payment Service Powered By Tether’s USDT Stablecoin
7.12.2023
Source: Adobe Russian digital settlement exchange Exved has officially debuted with the goal of empowering local legal entities to conduct cross-border digital payment services using Tether’s USDT. Russia's Exved platform launches as one of the first cross-border payment solutions...
Do Kwon to be Extradited to the United States: Report
7.12.2023
Terraform Labs’ founder, Do Kwon, is set to be extradited to the U.S. following months of speculation, according to a report from the Wall Street Journal released Thursday. “Not excluding that kind of possibility” Kwon has been imprisoned in Montenegro since authorities caught...
Sotheby’s Launches First Bitcoin Ordinals-based NFT Auction
7.12.2023
Source: Pixabay Sotheby’s has announced the start of its inaugural Bitcoin Ordinals sale, an online auction showcasing three items from the BitcoinShrooms NFT collection. In an X post on December 6, the auction house said it was “thrilled” to present its first Bitcoin Ordinals sale, which will...
One Trading Set To Launch New Trading Venue
7.12.2023
Source: Pixabay Crypto exchange One Trading will launch its new trading venue in the next few weeks. The Block reported on Thursday that the crypto exchange, which emerged as a spin-off from Bitpanda in June this year, is set to introduce its new trading venue, F.A.S.T. One Trading claims that...
House Committee Unanimously Passes Pro-Blockchain Bill
7.12.2023
The House Committee on Energy has voted unanimously to approve a new piece of legislation entitled the “Deploying American Blockchains Act.” What the bill entails According to the brief, the bill would “direct the Secretary of Commerce to promote the competitiveness of the United States related to...
FTX Ad Hoc Committee Prepares Amended Reorganization Plans Set for December
7.12.2023
Source: Adobe The FTX 2.0 customer ad hoc committee of the now-defunct crypto exchange has received a response to the letter sent to its official arm. In a letter dated December 4, 2023, the Official Committee of Unsecured Creditors (UCC), overseeing the bankruptcy of the FTX exchange, acknowledged...
Solana’s Smartphone Saga Needs 25,000 User Base to Attract Developers
7.12.2023
Solana. Source: Adobe Solana’s smartphone, Saga, underperforms months after hitting the market with about 2,500 units sold raising internal and wider concerns over the model. Speaking on an Unchained podcast on Dec 6, Anatoly Yakovenko, Solana’s founder reflected on the journey so far for...
Ethereum Price Prediction as ETH Rises Above $2,300 – Can ETH Reach $3,500 by December 31?
7.12.2023
Source: Pexels Ether (ETH), the second most valuable cryptocurrency by market capitalization that powers the smart-contract-enabled Ethereum blockchain, was last up close to 5% on Thursday and just hit fresh highs for the year in the mid-$2,300s. Ethereum remains the dominant blockchain used...
SEC, Spot Bitcoin ETF Issuer Talks have “Advanced to Key Details:” Report
7.12.2023
Discussions between the U.S. Securities and Exchange Commission (SEC) and hopeful spot Bitcoin ETF issuers have progressed to “key details,” according to a new report citing industry executives. “Mark your calendars people” Reuters reported the encouraging news on Thursday morning...
Is Sei Going to Zero? SEI Price Declines 10% as New Mining System Bags $5 Million in Crowdfunding Efforts
7.12.2023
Sei Logo / Source: Sei Website Digital asset trading focused layer-1 blockchain Sei (SEI) has seen its token price pull back over 12% in the past 24 hours. Sei, whose token debuted on major exchanges in August, was last trading just under $0.28 per token, down from the multi-month highs in...
UK Financial Regulator Adds Poloniex to Warning List Amid Recent $100 Million Hack: What’s Going On?
7.12.2023
Source: AdobeStock / Ascannio The Financial Conduct Authority has added cryptocurrency exchange Poloniex to its warning list of firms that may not be fully authorized to render trading services in the country. In an official publication on Dec 6, the financial regulator warned users from dealing...
Crypto Exchange Bitzlato in Hot Water as Co-founder Pleads Guilty
7.12.2023
Source: Adobe / deagreez Anatoly Legkodymov, also known as “Gandalf” and “Tolik,” a Russian national and co-founder of the Hong Kong-based crypto exchange Bitzlato, has pleaded guilty in a US federal court in New York to charges related to operating an unlicensed money transmitting business....
OKX and Bybit Capitalize as Binance’s Market Share Declines + More News
7.12.2023
Source: AdobeStock / Rafael Henrique Get your daily, bite-sized digest of crypto and blockchain-related news – investigating the stories flying under the radar of today’s news. In this edition: OKX and Bybit Capitalize as Binance’s Market Share Declines Safe Partners with Sygnum Bank...