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SBF’s Multi-Million Dollar Jets Set for Forfeiture
6.10.2023
Embattled founder and CEO of defunct exchange FTX Sam Bankman-Fried (SBF) is on the cusp of suffering another series of major losses.
According to a court document submitted to the Southern District of New York, his multi-million dollar private jets are on the verge of being forfeited.
The...
Burnt Announces Mainnet Launch With USDC Native Currency Support
5.10.2023
Burnt, a layer-2 scaling solution backed by Animoca and Multicoin, has announced the launch of Xion, a layer-1 blockchain protocol.
According to an October 5 tweet on X (formerly Twitter), Burnt noted that Xion is the first blockchain protocol to adopt the Circle-backed USDC stablecoin as...
Leading Hardware Wallet Maker Ledger to Lay Off 12% of Work Force – When Will the Crypto Winter End?
5.10.2023
Crypto hardware wallet maker Ledger is laying off 12% of its workforce, reported Bloomberg on Thursday.
Ledger is the crypto industry’s leading maker of so-called hardware wallets – physical devices the provide the secure storage of an individual’s private keys, the password needed for them...
Controversy Surrounds JPEX's Asset Lock-Up Program Amid DAO Transition
5.10.2023
The troubled Hong Kong-based crypto exchange JPEX is embroiled in controversy over its recent asset lock-up plan as it seeks to transition into a decentralized autonomous organization (DAO).
The exchange now plans to convert user assets into dividend shares, encouraging users to lock them up...
Dogecoin NFT Community to Honor Shiba Inu Dog with Commemorative Statue in Japan
5.10.2023
The Dogecoin community is funding the construction of a bronze statue in Japan depicting Kabosu – the Shiba Inu dog associated with the infamous Doge internet meme....
Read More: Dogecoin NFT Community to Honor Shiba Inu Dog with Commemorative Statue in Japan
South Korea's Central Bank to Test Wholesale CBDCs in New Partnership – Here's What You Need to Know
5.10.2023
South Korea's central bank, the Bank of Korea (BoK), is set to embark on a wholesale central bank digital currency (CBDC) test in collaboration with the Bank for International Settlements (BIS) and other key institutions, the BOK announced on Wednesday.
The pilot project aims to assess...
Binance Blockchain Week Announces Impressive Speaker Lineup for November Conference in Istanbul
5.10.2023
Istanbul, Turkey – October 5, 2023 – The global blockchain ecosystem behind the largest cryptocurrency exchange by trading volume, Binance, today announced the first wave of speakers for its annual flagship conference Binance Blockchain Week in Istanbul from November 8 to 9, 2023. Rachel Conlan...
JPEX Scandal Sparks Creation of Hong Kong Police Crypto Crimes Group
5.10.2023
On October 4, the Securities and Futures Commission (SFC) of Hong Kong, in collaboration with the Hong Kong Police, announced the formation of a special group to monitor and investigate crimes related to crypto exchanges.
The initiative was prompted by the ongoing controversies surrounding...
Dutch Crypto Firms Secure Partial Legal Victory Against Regulatory Fees
5.10.2023
Crypto firms in the Netherlands, including Bitvavo and Coinmerce, have achieved a partial victory in their legal battle against fees totaling $2.3 million imposed by Dutch regulators. They argued that these fees were excessive and discriminatory....
Read More: Dutch Crypto Firms Secure Partial...
Blockticity Mints Hemp and Cannabis Certifications on Avalanche
5.10.2023
The process works by Blockticity printing a QR code on a product and the QR code then links to a Certificate of Analysis minted as an Avalanche NFT
Close Associates of Sam Bankman-Fried to Take Stand Today in Ongoing Trial
5.10.2023
As the trial of the former CEO of collapsed crypto exchange FTX Sam Bankman-Fried enters its third day, the prosecution is expected to call two close associates of the defendant to the stand.
Bankman-Fried faces seven counts bordering on fraud and related conspiracy to commit fraud with...
TRON DAO and GT Protocol enter into a partnership
5.10.2023
TRON DAO has announced its partnership with GT Protocol. This empowers its users to access AI-powered automation, making it convenient for users to explore the ecosystem of Tron. GT Protocol has echoed this announcement, saying that the integration is a result of incubation by ChainGPT. It will...
“CBDC to Aid Taxation” Argentina’s Central Bank Backs Massa’s Plan For a Digital Peso
5.10.2023
Argentina’s central bank has expressly backed Sergio Massa’s bid to roll out a Central Bank Digital Currency (CBDC) if elected President.
Juan Agustín D’Attellis Noguera, a director of Banco Central de la República Argentina explained that a ‘digital peso’ will offer multiple benefits for...
Exclusive: India Will Be Core Hub for Web3 Innovation, Says Gemini APAC CEO
5.10.2023
In an exclusive interview with CryptoNews, Gemini APAC CEO and Global Chief Technology Officer (CTO), Pravjit Tiwana, shared insights into the company's strategic vision for India as their core hub for Web3 innovation.
Tiwana believes that India will play a pivotal role in leading web3 innovation...
POL Contracts go live on Goerli Testnet
5.10.2023
Polygon has announced that POL contracts are now live on Goerli Testnet. POL is the upgraded token for the Polygon ecosystem. It is alternatively identified as the next-generation token for MATIC. POL was introduced three weeks ago with a Polygon Improvement Proposal (PIP). Now, Goerli Testnet...
Blockchain key to verifying authenticity of real-world media - Nodle
5.10.2023
As AI capabilities continue to evolve, proving the authenticity of real-world images, video and content could hinge on blockchain solutions
Blockchain Adoption: Hong Kong Exchange Launches New Settlement Platform to Connect with Users in China
5.10.2023
Hong Kong Exchanges and Clearing Limited (HKEX), which operates a range of equity, commodity, fixed income, and currency markets, has unveiled an equities settlement acceleration platform called "Synapse."
The newly launched platform will leverage smart contracts programmed in DAML to streamline...
Hong Kong crypto VC opens $100M fund for Asian blockchain startups
5.10.2023
The crypto fund, named Titan Fund, has already made five investments in different blockchain startups with two going toward Hong Kong-based projects
HKEX Unveils 'Synapse' Platform Using Smart Contracts for Enhanced Equities Settlement
5.10.2023
On Wednesday, October 4, Hong Kong Exchanges and Clearing Limited (HKEX) introduced an upgraded version of its Stock Connect program called "Synapse."
Synapse leverages smart contracts written in the DAML programming language to automate post-trade workflows and mitigate settlement risks, thereby...
Polygon Co-Founder Jaynti Kanani Steps Down After Six Years
5.10.2023
Jaynti Kanani, the co-founder of Ethereum layer 2 solution Polygon, has revealed that he is taking a step back "from the day-to-day grind" in the project after dedicating six years to its development and growth.
In an Oct. 4 X post, Kanani said he "decided to step back" about six months ago...