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Terraform Labs Seeks Data from FTX Wallets for SEC Lawsuit Defense
21.7.2023
Terraform Labs, the development firm behind Terra network and the failed stablecoin TerraUSD (USTC), is seeking permission from a court to get access to data from the bankrupt crypto exchange FTX.
According to Terraform Labs, the failure of its UST stablecoin was the result of an attack by large...
Chingari announces official integration with the Aptos Network
21.7.2023
Chingari recently announced an official integration into the Aptos Network blockchain. The platform released a string of tweets to share the information. According to the tweets, the integration allows new users to access the Chingari Wallet on the Aptos Network blockchain. The objective behind...
Dota 2, Rocket League pros ‘want to explore’ Web3 and blockchain gaming
21.7.2023
Professional Dota 2 player Erik “Tofu” Engel believes that Web3 has features that are very beneficial to gamers
Over 70% of Spanish Crypto Traders Declared Losses in FY2022 – Report
21.7.2023
Over 70% of Spanish crypto traders declared losses in the financial year 2022, a new report has found.
Per the media outlet Europa Press, the claims were made by TaxCripto, an accountancy firm that specializes in preparing tax returns for crypto holders.
The declared losses were significantly...
Coin Center and Blockchain Association slam ‘unworkable’ US Senate DeFi bill
21.7.2023
Coin Center said the bill was unconstitutional, while the Blockchain Association called it incompatible with blockchain technology
1.3m+ Crypto Phishing Attacks Foiled in Russia So Far This Year – Kaspersky
21.7.2023
More than 1.3 million crypto-related phishing attacks were stopped in Russia in the first six months of this year, a new report has claimed.
Per Plus World, the cybersecurity provider Kaspersky Lab claimed its solutions thwarted the attacks, which the firm thinks are a direct response to a rise...
Crypto Firm RISC Zero Secures $40M Funding Round Led by Blockchain Capital
20.7.2023
RISC Zero, a startup that builds zero-knowledge (ZK) proof software, has raised $40 million in a Series A funding round led by the major crypto-focused investor Blockchain Capital.
In its announcement of the closing of the funding round, RISC Zero said the fresh capital will be used to bring...
Fed Launches New Instant Payment FedNow Service – Does This Undermine Crypto’s Use Case?
20.7.2023
The US Federal Reserve announced on Thursday that its long-awaited FedNow Service has gone live.
According to a post on the Fed’s website, "banks and credit unions of all sizes can sign up and use this tool to instantly transfer money for their customers, any time of the day, on any day of...
16 tips to help blockchain companies refine their marketing messages
20.7.2023
Blockchain companies aren’t just selling themselves; they’re also selling the industry’s technology and principles as a whole
UK Strongly “Disagrees” Recommendation to Regulate Crypto as Gambling
20.7.2023
The United Kingdom’s economic and finance ministry – HM Treasury – has strongly denied proposals by the House of Commons’ Treasury Committee to regulate cryptocurrencies like gambling.
The UK Treasury Committee had called for unbacked cryptocurrencies to be regulated like gambling in May. A panel...
Moonland Inches Closer to NFT Airdrop Following Early Access Announcement
20.7.2023
PRESS RELEASE. MoonLand, the groundbreaking social multiplayer metaverse game, is set to redefine the gaming industry with its revolutionary play-to-earn mechanism and immersive gameplay experience. By blending blockchain technology, web 3.0 principles, and the economy model of the metaverse...
Crypto Privacy Protocol Manta Network's Team Valued at $500M
20.7.2023
P0x, the development firm behind the privacy-preserving Polkadot-based protocol Manta Network, has reached a valuation of $500 million after concluding a recent funding round.
The recent Series A funding round brought in $25 million to the company, an announcement from Wednesday this week said....
Nomura's Laser Digital Injects Fresh Funds Into Web3 Incubator Supported by Alan Howard
20.7.2023
Laser Digital, the Swiss digital asset subsidiary of the renowned Japanese financial services giant Nomura, has recently invested in Webn, an incubator backed by Alan Howard.
Webn primarily focuses on nurturing firms that serve institutional digital assets and Web3.
Alan Howard, co-founder...
24th Quarterly BNB Burn Successfully Completed by Binance
20.7.2023
The embattled crypto exchange giant Binance completed its quarterly burn of 1.99 million BNB coins worth around $477 million on Wednesday successfully.
The exchange has been conducting such quarterly burns of BNB to reduce the token’s supply since October 2017.
The price of the BNB did not see...
Former FTX COO Constance Wang Joins Sino Global Crypto Fund
20.7.2023
Zhe Constance Wang, a former associate of the embattled FTX CEO Sam Bankman-Fried has joined Sino Global Capital, a digital asset fund as its head of gaming.
Wang has often been described as a “right-hand man” of Bankman-Fried in his funding push during her time at FTX. She joined the exchange...
Kuwait Regulator Issues “Absolute Prohibition” on All Crypto-Related Operations
20.7.2023
Kuwait’s supervisory authorities – the Central Bank of Kuwait, the Capital Markets Authority, the Ministry of Commerce and Industry and the Insurance Regulatory Unit – have jointly issued circulars banning the use and recognition of virtual assets in the Arab nation....
Read More: Kuwait Regulator...
Republican Lawmakers Accuse SEC Chair Gensler of Manipulating News Cycle to Hinder Crypto Legislation
20.7.2023
Senior Republican members of the US House of Representatives expressed their concern about the US Securities Exchange Commission’s approach to crypto regulation in a letter to the financial regulator’s chair Gary Gensler.
Representatives French Hill of Arkansas and Dusty Johnson of South Dakota...
Stellar Development Foundation shares its Q2-2023 achievements
20.7.2023
Stellar Development Foundation, also referred to as SDF, has published its performance for the second quarter of 2023. This marks a significant step since the community is done with half of the current year, which is 2023. Making it more interesting is the fact that SDF has been able to stick...
BitKeep (Bitget Wallet) Partners With the Solana Foundation to Drive Growth in Web3
20.7.2023
PRESS RELEASE. BitKeep, a leading multi-chain wallet, has joined forces with the Solana Foundation in an exciting collaboration aimed at promoting the growth and evolution of the blockchain landscape. This strategic partnership combines BitKeep’s robust wallet solution with Solana’s...
XRP Blockchain Still Faces Centralization Caveats as Ripple Regulatory Threat Recedes
19.7.2023
Ripple scored a partial win against the SEC this week that has been cheered on industry-wide. Why does the project itself remain so controversial?