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MEXC Addresses Missing Funds Concerns Amidst Allegations of ‘Clawbacks’
7.3.2024
The MEXC exchange denies any accusations that it has arbitrarily confiscated customer money. According to a Coin Telegraph report, several MEXC users have recently complained on social media of random “clawbacks” or centralized withdrawal freezes and liquidations of funds. User...
South Korea Seeks Interpol’s Aid to Extradite Terraform Labs Co-Founder
7.3.2024
South Korea's National Police Agency has officially requested assistance from the International Criminal Police Organization (Interpol) in bringing back Kwon Do-hyeong, the co-founder of Terraform Labs, to South Korea.
The post South Korea Seeks Interpol’s Aid to Extradite Terraform Labs...
Hut 8 Faces Multiple Lawsuits From Shareholders Following Stock Crash
7.3.2024
A class action securities lawsuit was filed against Hut 8 Corp., seeking to recover the losses of shareholders who were adversely affected by alleged securities fraud between November 9, 2023, and January 18, 2024.
The post Hut 8 Faces Multiple Lawsuits From Shareholders Following Stock Crash...
Tether and Republic of Uzbekistan sign MoU to foster innovation
7.3.2024
Tether announced signing a Memorandum of Understanding (MoU) with NAPP, the National Agency of Perspective Projects in the Republic of Uzbekistan. The objective is to foster innovation, boost the adoption of blockchain, and make the region a hub for peer-to-peer technology. The move underscores...
Avalanche becomes an L0 network with Teleporter
7.3.2024
Avalanche has transformed into an interconnected network of multiple chains, facilitated by an exceptional communication system that imparts the illusion of a unified chain, following the implementation of Teleporter. Avalanche’s conventional messaging protocol and Avalanche Warp Messaging...
SEC Commissioners Criticize Agency’s Crypto Enforcement Strategy Following ShapeShift Settlement
7.3.2024
SEC Commissioners Hester Peirce and Mark Uyeda voice concerns over the lack of clarity in crypto regulations after ShapeShift’s recent settlement of $275,000.
The post SEC Commissioners Criticize Agency’s Crypto Enforcement Strategy Following ShapeShift Settlement appeared first on Cryptonews
BlockFi to Receive $874.5 Million From Settlement with FTX and Alameda Research
7.3.2024
BlockFi reaches a settlement with FTX and Alameda Research, securing $874.5 million for customer compensation, setting the stage for significant progress in its bankruptcy resolution process.
The post BlockFi to Receive $874.5 Million From Settlement with FTX and Alameda Research appeared first...
Hut 8 Closes Bitcoin Mining Facility Due to Power Disruptions and Rising Energy Costs
7.3.2024
Hut 8, a Bitcoin mining company, has announced the closure of its mining site in Drumheller, Alberta, Canada, citing power disruptions and rising energy costs as significant factors.
The post Hut 8 Closes Bitcoin Mining Facility Due to Power Disruptions and Rising Energy Costs appeared first...
Binance Receives Cyber Security Professional Award from Hong Kong Authorities
6.3.2024
The Hong Kong government recognized Binance with the Cyber Security Professional Merit Award, highlighting its efforts to safeguard users in the dynamic Web3 landscape.
The post Binance Receives Cyber Security Professional Award from Hong Kong Authorities appeared first on Cryptonews
Behnam Reiterates Call for Congressional Action on Crypto Regulation During House Committee Hearing
6.3.2024
Rostin Behnam, Chairman of the Commodity Futures Trading Commission (CFTC), has reiterated his call for Congress to pass legislation clarifying cryptocurrency regulation. The call for congressional action was presented during Wednesday's hearing before the House Agriculture Committee.
The post...
El Salvador’s Bukele Defends Bitcoin Strategy as Holdings Hit Record 53% Profits
6.3.2024
El Salvador's President Bukele has defended his Bitcoin strategy as the country's holdings hit a record 53% profit, reaching $164.5 million. This progress stems from El Salvador's declaration of Bitcoin as legal tender alongside the US dollar in 2021. According to data from Bitcoin Treasuries,...
Ethereum Game Cross the Ages to Introduce Watch Dogs NFT Cards in Ubisoft Partnership
6.3.2024
Ethereum NFT card game Cross The Ages is releasing a new card collection in collaboration with Ubisoft and the Watch Dogs gaming franchise. On April 3, the public can purchase cards featuring Watch Dogs characters in the continent of Artellium, a new map collection in Cross The Ages. Cross The Ages...
Fetch.ai’s $100M Investment Sets Stage for GPU Rewards Program for Tokenholders
6.3.2024
On-chain AI project Fetch.ai has announced the launch of Fetch Compute following a $100 million investment in the project’s infrastructure. Fetch Compute is a suite of tools and training capabilities for developers and users working with AI. It bills itself as a project “designed...
Spain Halts Sam Altman’s Worldcoin Eyeball-Scanning Venture Over Data Concerns
6.3.2024
Spain's data regulator, the Agencia Española de Protección de Datos (AEPD), has instructed Sam Altman's cryptocurrency project, Worldcoin, to halt its operations in the country. This includes stopping the collection of private data through eye scans and ceasing the use of previously gathered data...
UK Regulatory Framework Will Embrace Coexistence of Stablecoins and CBDCs, Aligned with EU Standards
6.3.2024
The United Kingdom is set to embrace the coexistence of stablecoins and central bank digital currencies (CBDCs) in its regulatory framework. This move signifies a strategic alignment with the EU's regulatory framework and will position the UK as a progressive player in the evolving landscape...
Digital Currency Group Files Motion to Dismiss Lawsuit by NY Attorney General
6.3.2024
Digital Currency Group (DCG), the parent company of the now-defunct Genesis Global Capital, has taken action to dismiss the lawsuit filed against it by New York Attorney General Letitia James.
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Binance Suspends Solana Withdrawals Amid High Transaction Volume
6.3.2024
Binance, the world's largest cryptocurrency exchange, has temporarily suspended withdrawals to the Solana network due to an "increased volume of transactions."
The post Binance Suspends Solana Withdrawals Amid High Transaction Volume appeared first on Cryptonews
India Hosts Nearly 8 Million Verifiable Government Documents on Blockchains
6.3.2024
India's National Informatics Centre (NIC), a government agency operating under the Ministry of Electronics and IT (MeitY), has hosted almost eight million government-issued verifiable documents on five blockchains.
The post India Hosts Nearly 8 Million Verifiable Government Documents...
Astar Network introduces Polygon CDK-based Astar zkEVM
6.3.2024
Astar Network presents zkEVM, a Layer 2 rollup enhanced with ZK that was developed utilizing Polygon CDK and an initial chain that was integrated with the AggLayer. At this time, Astar is expected to demonstrate conventional interoperability with Polygon zkEVM and any future blockchains that...
Hungary Proposes Crypto Law to Regulate Digital Investment Instruments
6.3.2024
The proposed law would regulate the future tradability of digital investment instruments and allow traditional banks to incorporate cryptos.
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