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Polygon Labs publishes 1st set of PIPs to implement Polygon 2.0
15.9.2023
Polygon Labs has announced the publication of the first set of PIPs while setting its foot on the implementation of Polygon 2.0. It was first teased in June to tremendously upgrade the Polygon ecosystem. Considering the PIPs go well with the community, they would be lined up for the final stage...
Germany's blockchain funding increases 3% amid market downturn: Report
15.9.2023
Germany's blockchain sector saw a total of $355 million in venture capital funding across 34 deals, which is a 3% year-on-year increase
Babylon’s testnet incorporation with Router Protocol
15.9.2023
In the past few years, the blockchain industry has been involved in a number of computation and decentralized finance-related innovations. Because of its widespread adoption, this has several upgradeable features. Out of this has mushroomed various Layer 1 and Layer 2 solutions, with their...
SEC Accuses Binance.US of Non-Cooperation in Probe Over Securities Law Violations
15.9.2023
Binance.US, the American arm of the global cryptocurrency exchange giant Binance, has been accused of non-cooperation in an ongoing probe by the US Securities Exchange Commission (SEC).
The SEC has alleged that Binance.US's staking, clearing, and brokerage services violate federal securities law....
Indian Crypto Exchanges Expect Clear Regulations Following G20 Declaration
15.9.2023
The recent push by G20 members to establish a global framework to regulate crypto has sent a wave of optimism among Indian crypto firms and investors.
India’s intention to work with global consensus on regulating the crypto industry has come as good news for domestic crypto exchanges, which have...
Play-to-earn games are the reason ‘real’ gamers hate crypto: Atari founder
15.9.2023
Crypto games have garnered a bad reputation among traditional gamers, but the future of Web3 games and blockchain-based worlds is far from over, says Nolan Bushnell
US Senator Sherrod Brown Urges CFTC, SEC and Treasury Secretary to Enhance Crypto Transparency
15.9.2023
The chair of the Senate Banking Committee, Sherrod Brown has urged key federal agencies to use their existing authority to address concerns within the cryptocurrency industry and enhance transparency to protect investors.
Brown sent a letter to three pivotal figures in the U.S. financial...
Hong Kong Lawmaker Addresses Vitalik Buterin’s Concerns on City's Crypto-Friendliness
15.9.2023
Hong Kong legislator Johnny Ng has extended an invitation to Buterin to gain a firsthand understanding of the region's regulatory environment and crypto-related strategies after the Ethereum co-founder questioned the city's crypto-friendliness.
Ng asserted that Hong Kong boasts a stable policy...
BNB Chain Layer 2 Goes Live
15.9.2023
BNB Chain, the Binance-backed decentralized blockchain network, has announced the launch of Opbnb, its expansion layer built using the Optimism OP stack. The new network allows users to enjoy low-fee transactions in a high-throughput, high-speed transactional layer optimized for interactive...
Crypto Theft from Fortress Trust Traced Back to Phishing Attack on Cloud Vendor
15.9.2023
Fortress Trust's recent disclosure of a cryptocurrency theft totaling nearly $15 million has shed light on a complex situation involving a third-party vendor and a phishing attack.
The vendor has now been identified as ReTool, a reputable San Francisco-based company serving Fortune 500 clients....
Binance US Loses Key Executives as Regulatory Issues Intensify – Here's the Latest
14.9.2023
Binance US, the American subsidiary of the well-known cryptocurrency exchange, is experiencing a series of high-profile departures.
Today, Sidney Majalya, the Chief Risk Officer, and Krishna Juvvadi, the head of legal, resigned according to a report by Wall Street Journal. Their exits followed...
Hearing Date Set for Binance vs. SEC Lawsuit Motions in Ongoing Legal Battle – Here's What You Need to Know
14.9.2023
In the ongoing legal clash between Binance, the prominent cryptocurrency exchange, and the US Securities and Exchange Commission (SEC), a significant hearing date has been scheduled for two crucial motions.
As per the recent court filing, Magistrate Judge Zia M. Faruqui has designated the hearing...
11 Bitcoin blockchain metrics TradFi organizations should watch
14.9.2023
Tracking Bitcoin blockchain metrics can provide a window into the overall health of the crypto community
Biggest Movers: TRX Rises to Strongest Point Since July, SOL Extends Gains
14.9.2023
Tron was a big mover on Thursday, as recent reports suggest that the blockchain platform has been processing an average of 4.8 million daily transactions. The token has now surged higher for three consecutive sessions, and looks set to collide with a key resistance level. Solana was also in...
Despite Crypto Market Rout in the US, “Clear Heads Will Prevail,” Says Ethereum Co-Founder
14.9.2023
Joseph Lubin, the co-founder of Ethereum and the CEO of blockchain firm ConsenSys, is optimistic about crypto adoption in the US, similar to embracing “previous technologies like the internet.”
In a recent interview on CNBC’s ‘Capital Connection,’ he said that “clear heads will prevail” in...
How to strike a balance between blockchain transparency and privacy: Nansen CEO
14.9.2023
Nansen CEO Alex Svanevik is confident there will be a protocol in the future that creates a balance between both and is compliant with regulators
Crypto Exchange Bybit Expected to Leave UK Market Amid Looming Regulations – What’s Going On?
14.9.2023
Digital asset exchange Bybit mulls a potential exit from the UK as new rules from the Financial Conduct Authority (FCA) swing into effect on Oct 8.
Bybit CEO Ben Zhou explained that the new marketing rules set to be enforced in a few weeks will tighten the market, possibly forcing the firm...
World Blockchain Summit Dubai: Empowering Visions, Uniting Realties, and Redefining the Decentralized Frontier
14.9.2023
World Blockchain Summit, an event by Trescon, returns to Dubai on 1-2 November 2023 at the Address Dubai Marina, with strategic partners like Dubai AI & Web3 Campus by DIFC, the largest cluster of Artificial Intelligence and Web3 companies in MENA. World Blockchain Summit serves as the nucleus...
Canadian Bitcoin Exchange Strikes Local Currency Conversion Partnership with Costa Rica’s Payment System
14.9.2023
Canadian Bitcoin (BTC), Bull Bitcoin has announced a partnership with Costa Rica’s most extensive payment system, SINPE Movil, and local wallet provider, Bitcoin Jungle.
According to a press release on Sept 14, the non-custodial Bitcoin exchange will give users the option to convert local...
opBNB mainnet by BNB Chain goes live
14.9.2023
BNB Chain has announced that its opBNB Mainnet is now live for public access. The layer-2 solution is an EVM-compatible project that brings the advantages of near-instant transactions and low fees. opBNB has been built on the Optimism OP Stack. The idea behind lowering the gas fees is to ensure...