Search
Crypto.com Selects Paris for its European Headquarters After €150 Million Investment
13.10.2022
Major cryptocurrency exchange Crypto.com will establish its European regional headquarters in the capital city of France, Paris.
The exchange has also announced a €150 million ($145 million) investment into the country to support the establishment of a regional headquarters as well as other...
thirdweb does an upgradation on the Solana blockchain
13.10.2022
There is much palpable excitement and enthusiasm in the Solana network, as well as thirdweb. Since their formal launch, they have been busy garnering reinforcement and related assistance where their Solana blockchain is concerned. In this scenario, it becomes understandable that their sheer...
China’s Central Bank Digital Yuan Transactions Surpass $14 Billion
13.10.2022
China's digital yuan has processed over 100 billion yuan (close to $14 billion) worth of transactions so far, becoming the most widely adopted central bank digital currency (CBDC) across the globe.
The e-CNY has recorded $13.9 billion worth of transactions as of August 31, the People’s Bank...
Onomy hybrid DEX’s expansion to Shimmer’s stablecoin unlocks Web3’s growth
13.10.2022
Onomy is greatly excited and takes immense pleasure in making its formal announcement that they are in the due process of connecting its Hybrid DEX, all bridges, and its collection of stablecoins, onto the Shimmer network. However, this will, in the opinion of the team at Onomy, pave the way...
Grayscale Ramps Up Efforts Against SEC For Rejecting Bitcoin ETF
12.10.2022
Crypto asset management company Grayscale has filed the opening brief in its lawsuit against the U S. Securities and Exchange Commission (SEC), challenging the agency's decision to deny its application to convert the GBTC into a spot Bitcoin ETF.
Grayscale, which has been trying to convert...
Bittrex Crypto Exchange Fined for US Sanction Evasion
12.10.2022
The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) has imposed a fine of about $24 million on crypto exchange Bittrex which also had to sign a $29 million settlement with the department’s Financial Crimes Enforcement Network (FinCEN). The fines are related to the exchange’s...
DIFC Courts delivers Tejouri the GDV constructed on Hedera
12.10.2022
The Dubai International Financial Centre (DIFC) Courts conducted an exclusive launching exercise at GITEX Global. This was in terms of the deliverance of Tejouri and a Global Digital Vault constructed ably and effectively on the platform of Hedera. This entire launching act was with...
SEC Investigating Bored Ape NFT Creator Over Unregistered Asset Offering
12.10.2022
The U.S. Securities and Exchange Commission (SEC) has launched a probe into Yuga Labs, the entity behind the popular NFT collection Bored Ape Yacht Club, over the sale of its NFTs and digital tokens.
The regulatory agency is investigating whether some Yuga Labs NFTs are akin to stocks and should...
Binance to Invest $500 Million in Elon Musk Twitter Buyout
11.10.2022
Changpeng 'CZ' Zhao, the outspoken CEO of major exchange Binance, has announced his company is planning to allocate more than $1 billion to acquisitions and investments in 2022. Binance’s top project in this field is providing $500 million in financing for Elon Musk’s planned takeover of the social...
OECD Presents Crypto Tax Reporting Framework
11.10.2022
The Organisation for Economic Co-operation and Development (OECD), an intergovernmental organization that seeks to stimulate economic progress, has published a global framework for crypto tax reporting.
According to a press release, the framework, dubbed the Crypto-Asset Reporting Framework...
EasyFi Partners With Voyager for 3-Way Multichain EZ Bridge
11.10.2022
EasyFi announced a partnership with Voyager to launch its latest 3-Way Multichain Bridge. The bridge will facilitate quick EZ token transfer across Ethereum, Avalanche, and BNBChain. This is the first service, and utility EasyFi has added to Avalanche since its platform launch. The development...
BNB Chain Back Online Following $568 Million Exploit
10.10.2022
BNB Chain, the native blockchain behind the Binance crypto exchange, has come back online after being suspended due to an exploit that drained around $600 million in crypto assets.
On October 6, Binance announced the suspension of deposits and withdrawals from its BNB chain after it identified...
Founder of Huobi Crypto Exchange Sells Stake in Company
10.10.2022
Huobi founder and controlling shareholder Leon Li Lin will sell its entire stake in the Seychelles-based crypto exchange to About Capital Management, a Hong Kong-based assets management company.
According to an October 8 blog post, the buyout vehicle of About Capital will control the majority...
Computer Graphics Card Prices Fall by Nearly 60% Following Ethereum Merge
10.10.2022
The Ethereum Merge blockchain upgrade which transformed the blockchain into a Proof-of-Stake consensus system has triggered a steep, nearly 60% drop in the prices of graphics processing units (GPUs), with Chinese sellers reporting the gear’s prices have reached their “lowest level ever”....
Read...
India's Central Bank Plans to Launch Digital Rupee CBDC
9.10.2022
The Reserve Bank of India (RBI) will soon launch pilot tests for its upcoming digital rupee in a bid to increase awareness around its Central Bank Digital Currency (CBDC).
The country's central bank announced the news on Friday, detailing that the digital rupee will be available for specific...
Terra Luna Foundation Guard Freezes $100M Compensation Treasury
8.10.2022
The Luna Foundation Guard (LFG), a non-profit organization that supports the Terra ecosystem, has halted the planned distribution of $100 million from its reserve among small UST holders citing litigation concerns.
The organization announced the news in a Friday tweet, noting that they...
Visa and FTX Partner to Launch Debit Card in 40 Countries – Here's What You Need to Know
8.10.2022
Payments giant Visa and crypto exchange FTX have inked a partnership to allow crypto holders from 40 countries to spend their digital assets when shopping. ...
Read More: Visa and FTX Partner to Launch Debit Card in 40 Countries – Here's What You Need to Know
Bankrupt Celsius Court Documents Reveal Customer Details
7.10.2022
In another installment of the legal woes of bankrupt crypto lender Celsius Network, court documents submitted as part of the case have been released for public access along with the personal data of thousands of the company’s customers....
Read More: Bankrupt Celsius Court Documents Reveal Customer...
Grayscale Investments Announces New Bitcoin Mining Venture
7.10.2022
Grayscale Investments, the world's largest crypto assets manager, has announced the creation of a new entity called Grayscale Digital Infrastructure Opportunities LLC (“GDIO”) that will focus on Bitcoin mining infrastructure investments. ...
Read More: Grayscale Investments Announces New Bitcoin...
The Tie Broadens On-Chain Data Support for Avalanche
7.10.2022
By fully concentrating and focusing on the significant issues of chain metrics related to its C-Chain and subnets, The Tie, which is the absolute top-of-the-ladder information services provider in the field of digital assets, has successfully and effectively brought to the forefront all possible...