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Crypto Exchange Backpack Appoints Stripe, Banking Veteran as CFO
21.3.2024
Backpack was founded by Armani Ferrante and Trian Yver, alums of defunct trading companies Alameda Research and bankrupt crypto exchange FTX respectively
Web 3 Startup Tensorplex Labs Raises $3M Seed Funding to Decentralize AI
21.3.2024
Tensorplex said decentralization is an antidote to the risk of tech giants monopolizing artificial intelligence, making them prone to biases or censorship
Selling on Rise? Crypto Whale Transfers $42.8M ETH to Binance
21.3.2024
Roughly 18 hours ago, an investor holding a large amount of ether transferred 12,000 ETH worth $42.8 million to Binance, according to Lookonchain
Tokenizing real-world assets is unlocking new opportunities
21.3.2024
A new trend demonstrates that tokenizing real-world assets could be the key to unlocking new opportunities. These pertain to investment and enhancing liquidity in the market. Most importantly, tokenizing real-world assets by backing them with blockchain technology is emerging as a way to expand...
Centralization Aids Web3 When Leveraged to Hasten Development of Dapps, Says James Bayly
21.3.2024
Contrary to the perception that decentralized applications (dapps) are unstoppable, many are “reliant on centralized middleware components in the extreme.” James Bayly, COO at Subquery, argues that such an overreliance on centralized middleware components or their providers...
Hot New AI Meme Coin $SCOTTY Rises 150% Just 1 Hour After Launch
21.3.2024
Newcomer AI-integrated security token and endearing meme coin $Scotty The AI launched on decentralized exchange Uniswap this morning and already it is posting eye-popping returns. $SCOTTY hit the DEX at a price of $0.01 a token. It currently changes hands for $0.02597, according to data...
Entangle mainnet launch to propel MultiversX as a leading Blockchain network
21.3.2024
Entangle is all prepared to unleash its mainnet, with MultiversX becoming the most sought-after blockchain network gaining international attention. Being a universal communication layer, Entangle is seriously involved in furthering liquidity throughout multiple chains, restructuring the Web3. Where...
GIFT City to host India’s first regulated global realty and infra-asset tokenization platform
21.3.2024
GIFT City may soon host India’s first regulated global realty and infra-asset tokenization platform. The process is in the initial stage, and IFSCA has only granted conditional approval to select entities. One of them is Realdom India Pvt Ltd. The company is working to set up a platform known...
Rep. Patrick McHenry Indicates Progress on Stablecoin Legislation Before Election
21.3.2024
U.S. House Financial Services Committee Chair Rep. Patrick McHenry hints at possible advancements in stablecoin legislation, indicating potential progress before the upcoming election day.
The post Rep. Patrick McHenry Indicates Progress on Stablecoin Legislation Before Election appeared first...
Uzbekistan Increases Monthly Fees for Crypto Market Participants
21.3.2024
Uzbekistan's National Agency for Prospective Projects (NAPP) has announced a new directive to raise the monthly fees for those involved in the cryptocurrency market within the country.
The post Uzbekistan Increases Monthly Fees for Crypto Market Participants appeared first on Cryptonews
South Korean Tax Dodgers Out of Pocket as Authorities Seize $768,500 Worth of Crypto
21.3.2024
South Korean “tax dodgers” have been dealt another blow, with tax authorities in the city of Hwaseong confiscating cryptoassets worth over $768,500.
The post South Korean Tax Dodgers Out of Pocket as Authorities Seize $768,500 Worth of Crypto appeared first on Cryptonews
Russian Crypto Mining Hotspot Cracks Down on Illegal Miners
21.3.2024
The Russian crypto mining hotspot of Irkutsk appears to be cracking down on illegal and quasi-legal miners.
The post Russian Crypto Mining Hotspot Cracks Down on Illegal Miners appeared first on Cryptonews
Protocol Village: Morph EVM Raises $19M in Seed Round Led by Dragonfly
20.3.2024
The latest in blockchain tech upgrades, funding announcements and deals. For the period of March 21-26
Do Kwon Appeal On Extradition To South Korea Denied by Montenegro Court
20.3.2024
A Montenegro appeal court has denied Do Kwon's appeal to overturn a ruling mandating him to be extradited to South Korea. Following a high court ruling in Podgorica on March 5, Kwon is set to be extradited to face charges related to the collapse of Terra in May 2022.
The post Do Kwon Appeal...
Do Kwon’s Extradition Appeal To South Korea Denied by Montenegro Court
20.3.2024
A Montenegro appeal court has denied Do Kwon's extradition appeal to overturn a ruling mandating him to be extradited to South Korea. Following a high court ruling in Podgorica on March 5, Kwon is set to be extradited to face charges related to the collapse of Terra in May 2022.
The post...
Ripple And SEC File Sealing Proposal In Forthcoming Remedies Brief
20.3.2024
Ripple Labs and the U.S. Securities and Exchange Commission (SEC) agreed on March 19 to seal a proposal to address concerns about an upcoming remedies-related brief in their ongoing legal dispute. The proposal was submitted to the U.S. District Court for the Southern District of New York. It aimed...
Powell: Economy Progresses but Inflation Still ‘Too High’ to Adjust Benchmark Rate
20.3.2024
On Wednesday, March 20, 2024, the Federal Open Market Committee (FOMC) declared that there will be no change to the federal funds rate for the time being. The committee emphasized its intention not to lower the target rate until there is “greater confidence that inflation is moving...
House Committee on Financial Services Explores Need for SEC Reform Amid Concerns Over Gensler’s Leadership
20.3.2024
House Committee members grilled SEC Chair Gary Gensler over concerns about regulatory overreach and lack of transparency. Calls for SEC reform are mounting, with critics citing insufficient feedback periods and a focus on social justice initiatives over the agency's core mission. Ranking member...
NBA All-Star Tyrese Haliburton Talks Ethereum and Potentially Receiving Salary in Crypto
20.3.2024
Professional basketball player and NBA All-Star Tyrese Haliburton has said that he would consider taking a portion of his salary in cryptocurrency
Closure of Solana Foundation’s Tour de Sun 22 program
20.3.2024
Tour de Sun 22, an initiative organized by the Solana Foundation, has been slated to conclude on March 31, 2024. In its place, a testnet incentive program with a more restricted scope will be implemented. The Solana Foundation will continue to contribute to its evolution and security with...