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Triple-A Raises $10 Million in Series A to Bridge the Gap Between Traditional Finance and Blockchain Payments
25.10.2023
Singapore-based digital currency payments firm Triple-A has completed a $10 million Series A funding round.
The round was led by returning investors Peak XV, formerly known as Sequoia India and Southeast Asia, with strategic support from Shorooq Partners, a venture firm focused on the MENA...
Microbt Debuts M60 Series in Dubai; Bitcoin Mining Rigs Boast 18.5 J/T Efficiency
25.10.2023
During the Blockchain Life 2023 event in Dubai, Microbt rolled out its latest Whatsminer M60 series, which boasts an efficiency rating of 18.5 joules per terahash (J/T). Whatsminer M60 Series Showcased in Dubai On Tuesday, at the Blockchain Life 2023 conference in Dubai, Microbt showcased three...
Binance is Reportedly Behind New Hong Kong Crypto Exchange Seeking License
25.10.2023
Crypto exchange giant Binance seems to have connections with a newly established cryptocurrency trading platform in Hong Kong that has announced its intention to apply for a license in the city, according to a South China Morning Post report.
The trading platform, known as HKVAEX, was created...
FTX Reportedly Considering Bids to Restart Exchange, Decision Expected by Year End
25.10.2023
Fallen crypto exchange FTX is currently evaluating proposals from three prospective bidders seeking to restart the crypto trading platform, according to a recent Bloomberg report.
During a court hearing held in Wilmington, Delaware, Kevin M. Cofsky, the investment banker representing FTX from...
Interview with Shane Rodgers: Navigating the Future of Crypto Markets amidst Regulatory Hurdles and Altcoin Saturation
25.10.2023
Since Bitcoin's inception in 2008, the cryptocurrency industry has witnessed an astronomical rise, transforming the very fabric of the financial landscape. However, this explosive growth has not come without its hurdles.
From the pioneering days of Bitcoin to the plethora of altcoins saturating...
BlockFi Clients Can Now Submit Withdrawal Requests as Bankruptcy Plan Takes Effect
25.10.2023
The US-based crypto lending company BlockFi has emerged from bankruptcy, allowing clients to begin the process of withdrawing their assets.
This development comes nearly 11 months after BlockFi was caught in the turbulence of the cryptocurrency industry, triggered by the disastrous collapse...
Beleaguered Binance Loses Another Chief Executive From its UK Office – What’s Going On?
25.10.2023
Binance’s UK chief Jonathan Farnell who is also the CEO of a subsidiary Bifinity, has resigned from the company, adding to a slew of executive departures in recent times.
His departure comes a week after the world’s largest crypto exchange announced suspending new customer registrations in the...
Chinese Energy Giant PetroChina Sets New Precedent with e-CNY Crude Oil Deal
25.10.2023
In a historical first, PetroChina – a Chinese-state-owned oil and gas company – has officially completed its first international crude oil trade using the digital yuan (e-CNY).
The Shanghai Petroleum and Natural Gas Exchange (SHPGX) announced the transaction on Friday, confirming that PetroChina...
TradFi Continued Interest in Crypto Shows It Is No Longer a Fad: CFTC Commissioner
25.10.2023
Cryptocurrency investing is rapidly breaking into mainstream financial consciousness, according to pro-crypto Commodity Futures Trading Commission (CFTC) Commissioner Summer Mersinger.
Making her thoughts heard in a special appearance on CoinDeskTV, Mersinger noted that crypto trading is no longer...
Ledger Debuts Cloud-based Private Key Recovery Tool Despite Previous Backlash
24.10.2023
Popular hardware wallet company Ledger has launched a cloud-based private key recovery tool called 'Ledger Recover.'
According to the official X announcement on October 24, Coincover, a renowned blockchain protection platform, designed the recovery tool. Ledger Recover will provide users an entry...
How Blockchain Technology Empowers Law Enforcement in Crypto Investigations
24.10.2023
Despite what some have been led to believe, “cryptocurrency isn’t the currency of choice for criminals,” according to Perianne Boring, CEO of the Chamber of Digital Commerce.
Writing in an opinion piece in the Wall Street Journal on Monday, Boring hit back at the accusations made by the same...
Solana's Marinade Finance Acts Swiftly to Ensure FCA Compliance, Blocks UK Access
24.10.2023
Marinade Finance, the largest decentralized finance (DeFi) protocol on the Solana blockchain, is blocking users in the United Kingdom from accessing its platform over "compliance concerns."
The concerns are related to newly introduced regulations from the UK’s regulator, the Financial Conduct...
Coinbase Dispels Rumors of Imposed $5,000-Per-Week Limit on Bitcoin Withdrawals
24.10.2023
Coinbase dismisses rumors of a BTC withdrawal limit, stating that these claims do not hold true. Coinbase confirms that such a withdrawal limit policy does not exist.
On October 24, a post from a user on X garnered substantial attention, alleging that Coinbase had implemented a policy limiting...
Crypto Community Fears Rug Pull as Safereum Faces Drastic Liquidity Drain Post $600,000 Fundraising
24.10.2023
The cryptocurrency community is fearing a rug pull after Safereum saw huge sums of liquidity drained, making off with around $1.3 million worth of funds, according to blockchain security experts....
Read More: Crypto Community Fears Rug Pull as Safereum Faces Drastic Liquidity Drain Post $600,000...
US Law Doesn’t Control the World” Binance Argues in CFTC Lawsuit
24.10.2023
Digital asset exchange Binance says the United States Commodity Futures Trading Commission (CFTC) is attempting to transplant its rules to global markets.
In a recent court filing, the largest cryptocurrency exchange by volume argued that the US regulator is trying to monitor foreign companies...
Today in Crypto: Team of Hackers Says It Can Get to 7,002 BTC Locked in Encrypted Hard Drive, Bitget Wallet Launches a 'Keyless' MPC Wallet
24.10.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Team of Hackers Says It Can Get to 7,002 BTC Locked in Encrypted Hard Drive, Bitget Wallet Launches...
'Prove You Are You Without Giving Away Your Personal Info' - Aleo Reveals New Privacy-Preserving Credential System
24.10.2023
Privacy-focused blockchain platform Aleo has revealed its new decentralized digital identity solution that allows users to reveal only the necessary data and only to whom it’s intended in the form of ‘proofs’ – without ever showing actual documents.
The zPass protocol is a novel privacy-preserving...
Privacy firm Nym launches $300M fund, eyes Web3 wallets, RPCs & infrastructure services
24.10.2023
The blockchain security firm will look to support open-source projects building security and privacy tools and services for Web3
North America Dominates Global Crypto Usage, Chainalysis Report Reveals
24.10.2023
According to a recent report by blockchain intelligence firm Chainalysis, North America is leading the world in crypto usage, with the United States driving the lion's share of activity.
The region boasted a transaction volume exceeding $1 trillion between July 2022 and June 2023, which includes...
DYdX, Decentralized Crypto Exchange, Open Sources ‘V4’ Code for Upcoming Cosmos Chain
24.10.2023
This marks the first step in initiation of the v4 upgrade, where the DEX is transitioning away from its layer-2 network atop Ethereum onto its own standalone blockchain