Search
Multichain Daily Bridging Volume Sees 5x Increase After Alleged Team Arrest, Barely Any Panic for Fantom
26.5.2023
Rumors have been spreading throughout the cryptoverse that the major blockchain bridge Multichain team has been arrested by the Chinese police - with the shockwaves hitting the Fantom (FTM) ecosystem softer than expected.
Per several Twitter accounts, the Chinese community has been reporting...
Tradeblock, DCG Subsidiary, to Be Shuttered Due to Crypto Winter
26.5.2023
Amid an ongoing crypto market downturn, digital asset-focused venture capital firm Digital Currency Group (DCG) has announced it is closing its subsidiary TradeBlock which offers its trading services to institutional investors.
The trading platform is scheduled to be shut down on May 31, Bloomberg...
Circle Expands Euro-Pegged Stablecoin to Avalanche Blockchain
26.5.2023
On Thursday, the stablecoin issuer Circle Financial announced that the euro-pegged crypto asset EUROC is expanding natively on the Avalanche (AVAX) blockchain. According to Circle, several decentralized finance (defi) protocols and projects are supporting the new AVAX-issued EUROC asset....
Seven Central Banks Contemplate the Future of Retail CBDCs in Latest Report
26.5.2023
The Bank for International Settlements, which serves as a “bank for central banks,” released its latest paper examining retail central bank digital currencies, as its members “are approaching a point” as to whether or not they should move forward in their CBDC work.
Central banks representing...
DCG’s Subsidiary TradeBlock Is Shutting Its Doors: Bloomberg News
26.5.2023
TradeBlock, an institutional investor focused subsidiary of Barry Silbert’s crypto conglomerate Digital Currency Group, is closing down, according to Bloomberg News.
“Due to the state of the broader economy and prolonged crypto winter, along with the challenging regulatory environment for digital...
Fahrenheit Chosen As Winning Bid in Celsius Bankruptcy
25.5.2023
Bankrupt crypto lender Celsius Network LLC has chosen Fahrenheit as its winning bid, which will provide the capital and team to operate a new company.
Fahrenheit, which consists of a group of crypto firms, was selected as the winning bid on Thursday morning, according to a press release.
The...
Binance CEO: China TV Broadcast 'Big Deal' for Crypto
25.5.2023
A segment on Chinese state television about crypto has caught the attention of the cryptoverse, with Binance CEO Changpeng Zhao (CZ) pointing out that similar reporting in the past has triggered bull runs.
“CCTV (China Central Television) just broadcasted crypto. It's a big deal. The Chinese...
Ripe for the squeeze? Bitcoin mining stocks remain under attack from short sellers
25.5.2023
BTC price has struggled for nearly a month, but Bitcoin miners revenue is up, calling into question the logic of short sellers betting against mining stocks
Crypto-Assets Impact on Traditional Markets Is Small, but Can Pose Systemic Risk: EU Watchdog
25.5.2023
Europe’s financial overseer does not seem overly concerned about cryptocurrencies’ impact on the financial system, but still said regulators should monitor risks in case.
The European Systemic Risk Board released a report on Thursday titled “Crypto-assets and decentralised finance- systemic...
Ripple Purchases Bitstamp Shares as it Ponders Further M&A
25.5.2023
US fintech firm Ripple has bought shares in the European crypto exchange Bitstamp, taking another step on its journey to expand internationally.
Ripple has so far not disclosed anything about the transaction, which was revealed in Galaxy Digital’s latest quarterly report, where Galaxy said it...
Solana Labs Launches ChatGPT Plugin for Blockchain to Help Bridge the Gap
25.5.2023
As a rising number of blockchains are exploring the possibility of integrating artificial intelligence (AI) capacities into their operations, Solana says it has become the first Layer 1 blockchain to roll out a ChatGPT plugin for its users. ...
Read More: Solana Labs Launches ChatGPT Plugin...
Sam Altman’s Crypto Project Worldcoin Raises $115M Led By Blockchain Capital
25.5.2023
Other investors in the Series C round included Bain Capital Crypto and Distributed Global
Circle launches euro-based stablecoin on Avalanche blockchain
25.5.2023
Circle launched EUROC last year as a regulated stablecoin, which means that each token is fully backed by euro reserves held at United States-regulated financial institutions
Cybersecurity Firm Unciphered Hacks Popular Trezor T Crypto Wallet
25.5.2023
The US-based cybersecurity firm Unciphered claims to have successfully hacked into a Trezor T hardware crypto wallet by exploiting a hardware vulnerability.
The breach of the popular hardware wallet was made possible by physically taking apart the device using highly specialized tools.
The...
Mastercard's Chief Says Blockchain Can Bring Much More Value to Financial Services
25.5.2023
Payment giant Mastercard finds that crypto and blockchain are useful and can bring much more value to financial industries as a whole, but only when they tackle the security and ease of use issues in order to build trust.
Raj Dhamodharan, Mastercard’s EVP and head of crypto and blockchain, spoke...
Squid and Axelar announce integration with Filecoin Virtual Machine
25.5.2023
Squid has announced its plans to integrate with Filecoin Virtual Machine, also known as FVM. The integration will be simultaneously undertaken by Axelar to fulfill the objective of wider adoption of cryptocurrencies. Calling this integration an important moment, Squid has highlighted in...
South Korean Prosecution Vows to ‘Review’ Crypto Sector as Scandal Intensifies
25.5.2023
South Korea’s Prosecutor-General has promised a “thorough review” of the crypto sector amid rising “public suspicion” about politicians and their crypto holdings.
Per Yonhap, Prosecutor-General Lee Won-seok said his agency would “faithfully investigate” the sector.
And he pledged to “resolve...
Gateway to Cosmos 2023 is scheduled to happen from June 3-5 in Prague
25.5.2023
On June 03, 2023, participants will have a chance to attend one of the largest Cosmos events that is being organized in Prague. The announcement about the date was made by Cosmos, adding that Gate to Cosmos 2023 will conclude on June 05, 2023. The 3-day long event will see industry leaders coming...
Gaming is the 'largest scale opportunity' for crypto: Polygon co-founder
25.5.2023
Polygon co-founder Sandeep Nailwal said growing industries “invites a lot of speculation early on” but the genuine use cases will eventually rise to the surface
US Regulator Charges Five in a “Fraudulent Digital Assets Trading Scheme” After They Targeted Spanish-Speaking Communities
25.5.2023
A US regulator charges five people on Wednesday for allegedly “fraudulently soliciting” money from more than 170 people for a company called Icomtech to trade bitcoin and other assets for them.
The Commodity Futures Trading Commission filed a complaint in the US District Court for the Central...