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Manta Network Suffers DDoS Attack Shortly After Exchange Listing


Layer-2 blockchain Manta Network suffered a DDoS attack shortly after successfully listing its Manta token on multiple exchanges. In an X post published on January 18, Kenny Li, co-founder of the Manta Network, noted that the blockchain experienced a widespread DDoS attack at 9:30AM UTC. Li said...

Coinbase Unveils AI-Generated NFTs with “Instamint”


Crypto exchange Coinbase’s NFT marketplace has released a AI-generated NFT feature. In an X post on January 18, Coinbase unveiled its latest feature, “Instamint,” on its NFT marketplace. This feature enables users to generate NFTs using artificial intelligence. Coinbase is providing users with...

dYdX Overtakes Uniswap as Daily Trading Volumes Hit $757 Million


Decentralized finance (DeFi) platform dYdX market has moved past Uniswap as the largest decentralized cryptocurrency exchange (DEX) by trading volumes. Recent data from crypto analytics firm Cointelegraph shows an increase in the trading volume of dYdX v4 over Uniswap’s v3 in the last 24 hours....

Crypto Exchange WOO X Raises $9 Million for Strategic Liquidity Boost


The crypto exchange Woo has secured $9 million in a recent funding round. The capital injection came from existing and prospective market makers trading platform. The capital injection aims to enhance liquidity on Woo’s exchange, the company said in a statement published on its website....

Ethereum Staking Platform Kiln Raises $17 Million in Funding Round Led by 1kx


Paris-based Ethereum staking infrastructure provider Kiln has closed a $17 million funding round to expand its institutional-grade offering internationally. The funding will also support more decentralized finance (DeFi) reward models. The funding round was led by 1kx. Several prominent investors...

Bitcoin ETF Approval Has Failed Investors, Says Bloomberg + More Crypto News


Source: AdobeStock / MMollaretti Get your daily, bite-sized digest of blockchain and crypto news – investigating the stories flying under the radar of today’s news. In this edition: Bitcoin ETF Approval Has Failed Investors, Says Bloomberg Reddit Mentions May Help Predict Crypto Price Changes...

Polygon Labs chosen to join the Tokenized Asset Coalition


Polygon Labs is pleased to announce its membership in the Tokenized Asset Coalition (TAC). Polygon Labs was among the sixteen new members accepted by the TAC from a pool of over 300 applicants. Polygon Labs will be one of sixteen members who plan to move more than $1 trillion in assets on-chain....

South Korean Gov’t to ‘Completely Review’ Crypto Tax Law


Source: HyunJun/Adobe The South Korean government says it will “completely re-examine” the “need” to tax crypto traders on their earnings. As things stand, traders are set to be taxed on their earnings from January 2025. But per News1, the government will “review” its stance on the taxation...

Wiki Finance Expo Hong Kong 2024 is coming in May!


Taking place on May 17, 2024, Wiki Finance Expo Hong Kong 2024 is one of the largest and most influential fintech and digital finance events in Asia in 2024. Participation is completely free. The event ticket includes admission to the sky100 observation deck for free. Register to get your ticket:...

Shanghai Court Issues Verdict in First Digital Yuan Money Laundering Case


A Shanghai court has issued a verdict for the first instance of money laundering using Chinese digital yuan and cryptocurrency, marking a significant legal precedent of crypto-related crimes in China. According to Shanghai Securities News, the Yangpu District People’s Court of Shanghai...

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