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Shibarium’s New Checkpoint Mechanism Cuts Ethereum Bridging Time


The Shiba Inu (SHIB) network development team has dramatically improved the Shibarium network, according to a post from the Shibarium network’s X account. The work reduces the token bridging time to Ethereum from seven days to roughly 45 minutes, aiming to enhance Shibarium’s operational efficiency...

Terraform Labs, Do Kwon Reach Preliminary Settlement With SEC


Singapore-based Terraform Labs and its founder Do Kwon have reportedly reached a preliminary settlement with the U.S. Securities and Exchange Commission (SEC) after being accused of misleading cryptocurrency investors before the 2022 collapse of terrausd (UST), the project’s now-defunct algorithmic...

Mastercard Crypto Credential has now been activated


The Mastercard crypto credential has been activated, commencing with the initial peer-to-peer trial transactions and introducing new associates to the ecosystem. This implies that users of crypto exchange will be allowed to conduct cryptocurrency transactions using their Mastercard Crypto...

A16z Boosts Crypto's Election Fund by Another $25M to Seek Friendly Congress


A $25 million donation from Andreessen Horowitz (a16z) hit the campaign coffers of the industry's U.S. political action committee (PAC), according to a Thursday announcement from the firm, putting the amount raised by some of crypto's biggest names at about $136 million and potentially elevating...

NYDFS Issues New Crypto Firm Guidance for Consumer Complaints


New York’s top financial regulator has issued new guidance which requires cryptocurrency service providers to collect relevant data to assess whether they are resolving customer service requests and complaints in a timely and fair manner, it announced Thursday

Marketnode Secures Series A Funding Led by Financial Services Giant HSBC


On Thursday, Singapore’s Marketnode, a digital market infrastructure operator, secured funding for its Series A financing round led by HSBC, the British multinational universal bank and financial services group. The exact amount raised during the Series A funding was not disclosed. HSBC Joins...

Dune Catalyst: Enhancing Crypto Data Integration


In the ever-evolving field of digital currencies, the ability to handle and integrate blockchain data is a considerable challenge. Dune is an expert in data analysis and has recently presented Catalyst, which, on paper, is designed to solve a number of challenging issues related to the integration...

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