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Crypto Regulation Halts Growth of S Korean Web3 Unicorns, Warns Professor
5.5.2023
A leading South Korean professor says that restrictive crypto laws are stopping Web3 unicorns from growing in the nation.
The expert also claimed that banks and other financial market players should be allowed to move more freely in the crypto market.
According to EDaily, the Web3 comments came...
SUI price drops 70% from market debut top amid excessive supply concerns
5.5.2023
The circulating supply of SUI tokens will grow by nearly 15% by the end of 2023
Nigeria Passes ‘National Blockchain Policy,’ Industry Player Says Central Bank Unlikely to Lift Crypto Ban
5.5.2023
The Nigerian Federal government said on May 3 it had passed what it called the “national blockchain policy.” The Nigerian minister of communications and digital economy, Isa Pantami, said the new policy is a product of consultations with 56 institutions and personalities. Lucky Uwakwe...
Blockchain security firm freezes $160K stolen in Merlin DEX 'rugpull'
5.5.2023
CertiK has contacted law enforcement in the U.S. and U.K. to find the pseudonymous operators
Coinbase Reports Increased Earnings in First Quarter, While Making the Call for “Crypto Specific Rules”
4.5.2023
Crypto exchange Coinbase reported higher revenue in its first quarter, while also pushing for “crypto specific rules,” in its latest earnings report.
Total revenue grew 23 percent quarter over quarter to $773 million, according to a Coinbase shareholder letter released on Thursday afternoon.
The...
House Financial Services and Agriculture Subcommitees To Hold Digital Assets Hearing
4.5.2023
A House Financial Services Committee panel together with a House Agriculture subcommittee plan to unpack digital asset regulation during a hearing next week.
Both of those subcommittees’ digital asset focused subcommittees will jointly hold the hearing titled “The Future of Digital Assets:...
What's Next for Crypto Prices After Interest Rate Decision? – yPredict Tool Makes AI Price Predictions Easy
4.5.2023
Traders are asking where is next for crypto prices in wake of the US Federal Reserve’s latest interest rate decision.
At current levels just under the $29,000 and $1,900 levels respectively, Bitcoin and Ethereum are both not much changed in wake of the Fed raising interest rates by 25 bps...
North Carolina House Passes Bill Banning State Agencies From Accepting CBDCs
4.5.2023
The North Carolina House of Representatives passed a bill that would ban state agencies from accepting payments in central bank digital currencies.
Lawmakers passed that bill 118-0 on Wednesday.
The bill would encompass “any institution, bureau, board, commission, officer, or political...
U.S. Regulator Cuts Digital Assets Out of Hedge Fund Rule
4.5.2023
The Securities and Exchange Commission has decided to leave digital assets out of a new rule requiring more information from hedge fund and private equity advisers.
The agency voted to adopt new changes to private fund reporting, specifically to Form PF — a reporting form for registered...
Coinbase to Cease New Loan Issuance Through Bitcoin Borrow Service
4.5.2023
Global crypto giant Coinbase has announced plans to shutter its loan services.
Effective May 10, Bloomberg reports, Bitcoin-backed loans will cease to be available to customers.
The exchange emphasized a focus on prioritizing offerings of utmost importance to clientele, resulting in continuous...
Blockchain Developer Platform Alchemy Launches Public Support for ZK Rollup StarkNet
4.5.2023
The blockchain is the first with native account abstraction that the web3 developer platform offers, allowing developers to build applications with Alchemy’s infrastructure on StarkNet
Today in Crypto: Nigeria's Government Approves a National Blockchain Policy, CEX Trade Volumes Fall for 1st Time in 3 Months, INX Works with BitGo to Launch a Pilot Wallet Management Solution for Regulated Security Tokens
4.5.2023
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: Nigeria's Government Approves a National Blockchain Policy, CEX Trade Volumes Fall for 1st Time in...
Argentinian Lawmaker Suggests Saving in Crypto, Not USD
4.5.2023
An Argentinian lawmaker has suggested that citizens should save their money in crypto, rather than United States dollars.
The comments came from the MP Martin Tetaz, a member for the city of Buenos Aires.
Tetaz was responding to a tweet from a fellow Buenos Aires MP, Ramiro Marra.
Marra asked...
Sui Blockchain Price Prediction as SUI Token Launches on Binance Exchange and Sees $1 Billion Trading Volume in 24 Hours
4.5.2023
Sui launched its mainnet yesterday, with the layer-one blockchain seeing its native SUI token surpass $1 billion in 24-hour trading volume on Binance.
As of writing, SUI's price stands at $1.33, with the proof-of-stake token initially being offered at $0.10 as part of a public sale to users...
Flare integrates its APIs on Google Cloud Marketplace
4.5.2023
The Flare API Portal offers developers an intuitive interface to interact with the Flare Network and its accompanying suite of tools. It provides access to off-chain data sources such as Google Cloud Storage, along with access to on-chain services like Atomic Swaps, Event Notifications, DeFi...
Solana Founder Brushes Off FTX Woes, Remains Confident in Crowded Blockchain Landscape
4.5.2023
Prominent projects are porting over to the Solana network and developer activity remains strong, Anatoly Yakovenko said in a CoinDesk TV interview
Jailed French Crypto ‘Fraudster’ Loses Appeal in Morocco
4.5.2023
A French crypto “fraudster” has had his jail sentence upheld in Morocco – after a court found him guilty of using Bitcoin (BTC) to buy luxury goods.
Per the French media outlet BFMTV, the man’s name is Thomas Clausi (21).
Clausi, a native of Moselle in eastern France, was originally jailed...
Nigerian national blockchain policy gets government approval
4.5.2023
Nigeria's federal executive council has approved the national policy on blockchain to help the country develop a regulatory framework to govern the adoption of the technology
Nigeria Approves National Policy to Create 'Blockchain-Powered' Economy
4.5.2023
The policy announcement makes no mention of crypto, which the government cracked down on in 2021
Republican U.S. Congressmen Demand Answers on the Biden Administration’s Crypto Stance
3.5.2023
U.S. Congressional Republican lawmakers demanded answers from the White House’s Council of Economic Advisers about the council’s “rationale” on issues ranging from legislation to central bank digital currencies.
Reps. Warren Davidson of Ohio and Mike Flood of Nebraska wrote a letter to...