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US CFTC Chair Behnam, Coinbase Chief Legal Among Others To Testify at House Hearing
6.6.2023
The US Commodity Futures Trading Commission Chair Rostin Behnam, Coinbase’s Chief Legal Officer Paul Grewal and a slew of former regulators are set to testify Tuesday morning in front of a US congressional committee.
The House Agriculture Committee will meet to discuss legislation to regulate...
Russia’s Rosbank Begins ‘Int’l Crypto Pay Pilot’ – Banks Joining Government’s Crypto Plan?
6.6.2023
The Russian megabank Rosbank says it has launched a “cross-border crypto payments” pilot.
Per RBC, Rosbank has become the “first major” Russian bank to launch cross-border payments services “in cryptocurrency.”
The bank has teamed up with a local crypto firm named B-Crypto for its initiative....
Atomic Wallet Hack: Team Claims No Assets Have Been Lost in More Than 40 Hours
6.6.2023
The Atomic Wallet team claimed on June 4 that the hacking incident in which digital assets worth nearly $35 million were stolen has only affected less than 1% of its monthly active users. The team also promised to report “victim addresses to major exchanges & blockchain analytics to trace...
The US SEC Sued Binance and CZ on Monday — What’s in the Complaint?
5.6.2023
A complaint by the US Securities and Exchange Commission filed against Binance and its CEO Changpeng Zhao unveiled a mix of stark revelations about the world’s largest crypto exchange from evading US laws to internal conversations about Binance.US.
The SEC sued Binance and Changpeng Zhao, also...
China's Web3 Stance: A Glimpse into the Future?
5.6.2023
China's perspective on web3 has come to light through a recently released white paper that suggests China is open to incorporating web3 into its future internet.
In the paper, the term “Internet 3.0” is defined as a "three-dimensional space that combines virtual and real realms with a highly...
Bitcoin Developers Divided Over How to Deal with Meme Coin Explosion – What's Going On?
5.6.2023
While many celebrate Bitcoin (BTC)’s plethora of new applications related to its new “Ordinals” protocol, developers maintaining the network’s source code are in disarray on the matter.
Critics claim that new types of transactions beyond simple Bitcoin transactions are clogging the blockchain...
Japan Blockchain Week 2023 Receives Backing from the Ministry of Economy, Trade and Industry
5.6.2023
The Japan Blockchain Week 2023 in Tokyo will commence on June 18 to July 9, 2023. And according to the Chainwire report, the Japanese Ministry of Economy, Trade and Industry (METI) is backing this year’s edition.
This development comes amid the growing need for clearer regulatory pathways...
Crypto Prices crashing after SEC Sues Binance, These Presales Still Pumping – Here's Why
5.6.2023
Cryptocurrency markets just experienced a big intraday drop in response to the US Securities and Exchange Commission (SEC) revealing that it has sued Binance, its US subsidiary Binance.US and the exchange’s founder Changpeng Zhao (CZ).
Bitcoin (BTC) was last trading close to 5% lower on the day...
Binance Plans To Fight ‘To the Full Extent of the Law’ Following SEC Charges
5.6.2023
Binance said the US Securities and Exchange Commission’s 13 charges against it and its CEO Changpeng Zhao are “just another example of the Commission’s misguided and conscious refusal to provide much-needed clarity and guidance,” to the crypto industry. ...
Read More: Binance Plans To Fight ‘To...
SEC Sues Binance and CZ Over ’Blantant Disregard” of Its Rules
5.6.2023
Binance Holdings Ltd., and its US affiliates, are being charged by the US Securities and Exchange Commission for multiple offenses, months after being charged separately by another US regulator.
The SEC’s case stems from the defendants’ “blatant disregard of the federal securities laws,”...
Today in Crypto: JPMorgan Partners with 6 Indian Banks on Blockchain-Based Interbank Transactions, APPG Makes 53 Crypto Recommendations to the UK Government, Charles Hoskinson Warns About the Rise in AI-generated Frauds
5.6.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: JPMorgan Partners with 6 Indian Banks on Blockchain-Based Interbank Transactions, APPG Makes 53 Crypto...
Hop Protocol Rewards Sybil Hunters with Innovative Airdrop Tool – How Does it Work?
5.6.2023
As Sybil farming ahead of anticipated airdrops is becoming increasingly popular in the cryptosphere, Hop Protocol is unveiling a new initiative under which it will reward Sybil hunters for their diligence in combating Sybil attackers who target such airdrops.
Sybil attacks are carried out...
3 Reasons Why Beauty on the Blockchain Makes Sense
5.6.2023
Through new forms of digital artistry and cutting-edge technological innovation, today’s leading beauty companies hope to reach Web3-native consumers, create meaningful experiences and perhaps even clean up their supply chain
Crypto Analytics Firm Elliptic Incorporates AI to Speed up Tracking and Risk Detection – Here's the Latest
5.6.2023
UK-based crypto analytics and risk management firm Elliptic has incorporated the popular artificial intelligence (AI) chat bot ChatGPT into its work, with an aim to speed up the tracking of cybercriminals, the firm said in a recent press release....
Read More: Crypto Analytics Firm Elliptic...
Ethereum Validator Activation Queue Grows: 90,000+ Validators Waiting in Line
5.6.2023
Ethereum faces congestion for validators to enter and begin staking in the protocol. According to data from Wenmerge, an information dashboard, more than 90,000 validators are waiting to provide protocol validation services on Ethereum. This means a validator entering the queue today must wait more...
JPMorgan uses blockchain for 24/7 dollar transfers with Indian banks
5.6.2023
JPMorgan applies blockchain to interbank dollar transactions in India amid the growing signs of global de-dollarization
JPMorgan, 6 Indian Banks to Settle Dollar Trades on Onyx Blockchain System: Bloomberg
5.6.2023
The aim of the project is to settle dollar trades in real time around the clock as opposed to over a matter of days and only during the working week
Japan Blockchain Week 2023, supported by the Ministry of Economy, Trade and Industry in Japan
5.6.2023
Japan Blockchain Week 2023 will be supported by The Ministry of Economy, Trade and Industry (METI). This period will be a hub for the global and Japanese blockchain communities to gather as following 2022. Background & objectives The Ministry of Economy, Trade and Industry (METI) has decided...
Etherscan Launches Advanced Filter for Enhanced Ethereum Blockchain Exploration
5.6.2023
On June 2, 2023, the Ethereum blockchain explorer and insights web portal, Etherscan, released a new feature that allows users to refine their transaction searches with filters. Onchain sleuths, researchers, and investigators can now narrow down the results in a single view using a variety of...
Crypto lobbyists still fighting to axe 'unlawful' Tornado Cash sanctions
5.6.2023
The crypto industry advocacy group has placed its support behind Coin Center and its lawsuit against the U.S. Treasury over its Tornado Cash sanctions