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Blockchain for a Better Planet: CEO Sunny Lu Explains How Vechain (VET) is Fighting the Climate Crisis – Next Big Trend?
27.10.2023
As the crypto industry pushes the limits of blockchain, the constant pursuit of innovation and sustainability takes center stage, with various consensus mechanisms vying for the spotlight, among them, Proof of Authority (PoA), employed by Vechain, emerges as a growing alternative, challenging...
Fantasy football game on Telegram: Fanton joins Cointelegraph Accelerator
27.10.2023
Fanton brings blockchain-based fantasy football to Telegram thanks to the IM service’s recent integration with the TON blockchain
Changpeng Zhao’s Net Worth Plummets by 82% Amid Binance Regulatory Turmoil
27.10.2023
The CEO and co-founder of Binance Changpeng Zhao has taken personal hits from the market with his net worth falling due to low trading volumes. The Bloomberg Billionaire Index Index released on Oct 26, shows the net worth of Zhao cut by $11.9 billion, a massive decline from his $96.9 billion...
Justin Sun’s HTX Reports $98 Million Profit in Q3 2023, Forecasts Strong Performance for Q4
27.10.2023
HTX , the crypto exchange formerly known as Huobi Global and owned by Chinese blockchain personality Justin Sun, has announced a profit of $98 million for the third quarter of 2023. In a recent post on X (formerly Twitter), Sun claimed that HTX generated $202 million in revenues during the quarter...
Taiwan Advances Crypto Regulation as Draft Act Passes First Reading in Parliament
27.10.2023
Taiwan parliament, the Legislative Yuan, has passed the first reading of a proposed crypto law that would regulate the crypto asset industry. Taiwan has taken a significant step toward regulating the crypto sector by proposing a special crypto law, which has passed its first reading at...
8 More Arrested in JPEX Scandal as Total Fraud Amount Exceeds $213 Million
27.10.2023
Hong Kong Police arrested 8 more people on Thursday in the JPEX scandal, taking the total of arrested individuals in the alleged fraud to 36. The police also revealed that a total of 2,595 people have reported losses in the JPEX crypto exchange. The total amount that has been defrauded in...
Yuga Labs Awarded $1.6 Million in Damages in NFT Copyright Infringement Lawsuit Against Ryder Ripps
27.10.2023
A California federal judge said that Yuga Labs, the blockchain company behind some of the most popular collectibles of the NFT boom, is entitled to receive nearly $1.6 million in damages, plus legal fees, from a conceptual artist and his business partner who copied Bored Ape’s NFT art....
Neo Announces EVM-Compatible Sidechain to Prevent MEV Attacks
27.10.2023
Neo, the open-source blockchain platform, has revealed its plans for the development of a new Ethereum Virtual Machine (EVM)-compatible sidechain, a move aimed at expanding its capabilities in the decentralized finance (DeFi) sector. Sidechain Will Offer Interoperability With NEO N3 Mainnet In...
Bitmain’s Latest Air-Cooled Antminer Set for Q1 2024 Shipping
27.10.2023
Bitcoin mining firm Bitmain has formally launched the Antminer T21, a new air-cooled Bitcoin miner. The company made the announcement today, October 26, on X. The Antminer T21 is the company’s new air-cooling miner, which can tolerate temperatures as high as 45 degrees Celsius. The new mining...
UK Lawmakers Roll Out Legislation to Seize Cryptocurrencies Used for Illegal Purposes
26.10.2023
The UK Parliament has passed a bill that allows law enforcement authorities to seize cryptocurrencies associated with illicit activities. This includes investment scams, hacks, terrorism financing, money laundering, and drug trafficking. Per an official announcement on its website, the new bill...
SEC Chair Gensler Keeps Quiet on Bitcoin ETF Plans After Grayscale Ruling – Here’s the Latest
26.10.2023
Despite tremendous pressure to approve a spot Bitcoin ETF for trading on public markets, Securities and Exchange Commission (SEC) chairman Gary Gensler refuses to discuss his agency’s next steps. On Monday, the SEC received an order from the Court of Appeals to review Grayscale’s...
Lawmakers Urge DOJ to Decide on Binance and Tether’s Role in Crypto Funded Terrorism Linked to Hamas and Israel Conflict
26.10.2023
Today, as the U.S. Department of Justice (DOJ) evaluates possible criminal charges against Binance and Tether, two prominent U.S. lawmakers are emphasizing the urgency of the matter. U.S. Senator Cynthia Lummis (R-Wy.) and Representative French Hill (R-Ark.) dispatched a letter to Attorney General...
Arbitrum Foundation Says 'Orbit' for Layer-3 Networks Now Ready for Mainnet
26.10.2023
Orbit is a program for developers to spin up their own layer-3 blockchains atop Arbitrum, which in turn is the largest layer-2 network atop the Ethereum blockchain
FTX’s Next Move: Three Bidders in the Running for Relaunch
26.10.2023
Bankrupt crypto exchange FTX’s new management is evaluating proposals from three potential bidders to revive its trading platform, according to a Bloomberg report. The final decision on how to proceed is expected by mid-December, as stated by Kevin M. Cofsky, an investment banker from Perella...
Binance’s Stablecoin BUSD Market Capitalization Slides 90% from Peak – Will it Affect Binance Exchange?
26.10.2023
Binance USD (BUSD) , the stablecoin issued by Paxos for crypto exchange Binance, has seen a decline in market capitalization of more than 90% from its peak last year. According to CoinGecko data, BUSD’s market cap has plummeted from an all-time high of $23.5 billion, recorded on November...
“We Obtained Judgments Worth $5 Billion” Gary Gensler Recounts Achievements Amid Backlash
26.10.2023
The head of the Securities and Exchange Commission (SEC) Gary Gensler disclosed a summary of the agency’s performance in its quest to promote a more transparent market. In his speech at the 2023 Securities Enforcement Forum titled, “Partners of Honest Business and Prosecutors...
8 Best Real-World Asset Tokens to Buy in 2023
26.10.2023
Real-world asset tokens are a growing trend in the cryptocurrency market. They represent tokenized projects with a tangible presence in the physical world – ensuring solid utility and use cases. This guide explores the best real-world asset tokens to buy right now. Read on to discover...
Creditors of Struggling Crypto Exchange CoinFLEX Sue CEO and Seek Funds from ‘Bitcoin Jesus’ Roger Ver
26.10.2023
Creditors of CoinFLEX, a bankrupt exchange, sue CEO Mark Lamb and early investor Roger Ver, aka Bitcoin Jesus, alleging breach of fiduciary duty over the new exchange OPNX launch and unauthorized use of company assets. On October 25, creditors of the now-defunct cryptocurrency exchange CoinFLEX...
Mastercard Partners with MoonPay to Explore Multiple Integrations
26.10.2023
Digital assets payment platform, MoonPay announced a partnership with global payment firm Mastercard to advance web3 integrations, build connections, and boost marketing tools. MoonPay revealed the new development in a blog post adding on X (Twitter) that Keith Grossman the company’s...
Today in Crypto: MoonPay Partners with Mastercard, 64% of Injective Survey Respondents Trade on Both CEX and DEX, Chainstack Launches DeFi API
26.10.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________ Payments news Crypto payments infrastructure firm MoonPay announced that it partnered with Mastercard to drive innovation...