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IOTA Tangle aims to make traffic management more efficient
24.8.2023
A patent has unveiled IOTA Tangle, gaining momentum with bringing a blockchain-based solution. This majorly pertains to the management of traffic amid the rise in self-driving cars. The future is electric and probably driverless vehicles. Not the idea to increase unemployment but to have more...
Exclusive: 'Pioneering' Virtual Rally in Support of Julian Assange to Launch in Metaverse - Not to Replace But 'Heavily' Promote Real-Life Protests, Organizers and Wistaverse Co-founder Said in Interview
24.8.2023
The campaign to stop the extradition of Julian Assange will launch the first-ever virtual political rally this Saturday in the Wistaverse metaverse. The organizers and the Wistaverse co-founder spoke to Cryptonews about the importance of holding a protest in this novel space, the difference between...
Binance Exchange to Suspend Crypto Debit Card Offering in LatAm and Middle East – What's Going On?
24.8.2023
The largest crypto exchange by trading volume, Binance, is apparently closing its Binance Card – cryptocurrency debit card services – in Latin America and the Middle East, effective from Aug. 25....
Read More: Binance Exchange to Suspend Crypto Debit Card Offering in LatAm and Middle East – What's...
Bitstamp Halts ETH Staking for US Customers Amid Regulatory Uncertainty
24.8.2023
In a move fueled by increasing regulatory uncertainty in the United States, global cryptocurrency exchange Bitstamp has announced to terminate Ethereum staking service for US users.
The exchange has set September 25 as the deadline for users to earn rewards on their staked assets, after which...
EU Officials Provide Ukrainian Police ‘Crypto Crime’ Training
24.8.2023
Ukrainian police officers are receiving crypto crime investigation training from EU officials, with the nation continuing to streamline its crypto and blockchain policy with Brussels.
Per a Bureau of Economic Security (BEB) release, law enforcement officers in Lviv, Ukraine, attended...
Quantstamp Crypto Firm Launches New Service to Prevent Flash Loan Attacks – How Does it Work?
24.8.2023
Blockchain security provider Quantstamp has unveiled an innovative tool named Economic Exploit Analysis, designed to bolster the security of decentralized finance (DeFi) protocols by detecting potential flash loan attack vectors within smart contracts.
As per the Quantstamp's announcement,...
New Zealand is ‘Cautious’ on Crypto While Singapore Takes Proactive Approach to Regulate Stablecoins
24.8.2023
Stakeholders in New Zealand are advocating for a gradual and meticulous strategy in regulating the crypto industry in the country. On the other hand, Singapore is embracing a proactive and comprehensive regulatory stance toward stablecoins....
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Binance.US Launches Enhanced USD On-Ramps: Buy & Sell Crypto Using USDT
24.8.2023
Binance.US, now a crypto-only platform for two months, has partnered with crypto payments company MoonPay to allow users to buy and sell crypto using the US dollar-pegged stablecoin Tether (USDT).
On August 22, the crypto exchange declared USDT the new "base asset" for all transactions. This...
Gaming Titans FaZe Banks and Nadeshot Among Friend.tech's Top Earners
23.8.2023
Top esports and gaming influencers, including Ricky “FaZe Banks” Bengston, Nordan “FaZe Rain” Shat, and 100 Thieves CEO Matthew “Nadeshot” Haag, are among the leading earners on the new social token platform Friend.tech.
The platform, operating on the Base network, allows users to trade "keys"...
Tornado Cash Developers Charged With Money Laundering and Sanctions Violations That Facilitated Over $1 Billion in Illicit Transactions
23.8.2023
Two more developers who worked on Tornado Cash, an Ethereum network-based privacy protocol designed to obfuscate the link between sending and receiving addresses, are being charged by the US Depart of Justice.
Developers Roman Storm and Roman Semenov are both being charged with money laundering...
The Protocol: Coinbase Blockchain's Viral Use Case Puts Focus on Optimism's Tech
23.8.2023
The week in blockchain tech: Crypto-fueled social marketplace Friend.tech goes viral on Coinbase's new Base blockchain, Shiba Inu community's "Shibarium" network aims for fresh start, and Ethereum experts handicap the competition between leading technologies for layer-2 networks
Binance Pay Steps into Brazil: Simplifying Crypto Payments for Businesses – Crypto Adoption on the Rise?
23.8.2023
The major crypto exchange Binance has launched its crypto payments processor Binance Pay in Brazil, aiming to streamline crypto payments for local merchants, an announcement from Binance said.
Compared with traditional payments processors, Binance Pay offers faster transactions speeds and lower...
Israeli Business Tycoon Moshe Hogeg Accused of $290 Million Crypto Scam Following Two-Year Probe
23.8.2023
Business tycoon and former owner of Beitar Jerusalem FC, Moshe Hogeg, has been accused by the Israeli police of orchestrating a $290 million crypto scam.
According to the authorities, Hogeg raised a staggering $290 million from investors both in Israel and internationally through four...
Atomic Wallet Investors Files Lawsuit For “Non Disclosure” Following $100 Million Hack
23.8.2023
A number of Atomic Wallet investors have filed a class action lawsuit against the company over its failure to disclose information about the hack which resulted in $100 million.
According to a report by German BNE IntelliNews on Aug. 21, the plaintiffs make up high network individuals from Russia...
China launches blockchain-powered data exchange
23.8.2023
The platform will facilitate the buying and selling of Web3 data among enterprises; Alibaba Cloud and Huawei are among the companies to participate
Coinbase’s Chosen Blockchain Brand Sees Zero Threat from Zero Knowledge
23.8.2023
Many Ethereum aficionados have predicted that the most promising layer-2 blockchains would be built not using the OP Stack’s “optimistic rollup” technology – favored by the U.S. crypto exchange Coinbase – but with a different setup known as “ZK rollups,” reliant on "zero-knowledge" cryptography
Coin Center Sends Letter to Congress Seeking Clarity on Crypto Tax Regulations
23.8.2023
Crypto policy think tank Coin Center has sent a formal letter to Senate Finance Committee Chairman Ron Wyden and Finance Committee Ranking Member Mike Crapo, advocating for clear and reasonable tax policies for digital assets.
“Governments should state clearly and in detail how cryptocurrency...
Crypto Investors Pull Out $55 Million Amid Doubts Over Bitcoin ETF Approval
23.8.2023
Investors in crypto-backed investment funds have pulled out some $55 million from the market as worries have grown that the US Securities and Exchange Commission (SEC) may not be ready to approve a spot Bitcoin exchange-traded fund (ETF)....
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World Mobile Launches Decentralized Internet Service on Google Play in the US
23.8.2023
Decentralized mobile internet provider World Mobile has officially launched its services on Google Play.
In a Tuesday blog post, the company revealed that its app is now available for users in the United States, the United Kingdom, Australia, Canada, and Tanzan.
By leveraging blockchain...
Citi Bank Report: Most Global Security Firms Back CBDCs For Faster Payments
23.8.2023
A new research conducted by banking giant, Citi, shows that most financial institutions are leaning toward adopting Central Bank Digital Currencies (CBDCs) for faster global payments.
In its latest edition of the Securities Services Evolution, the bank surveyed 12 financial market infrastructures...