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Arbitrum to Unlock $2.32 Billion in Vested ARB Tokens on March 16
12.3.2024
Arbitrum, a Layer-2 blockchain network, is gearing up to release $2.32 billion worth of vested Arbitrum ARB tokens on March 16.
The post Arbitrum to Unlock $2.32 Billion in Vested ARB Tokens on March 16 appeared first on Cryptonews
South Korean Law Firm Chief Jailed for Stealing Customer Money to Invest in Crypto
12.3.2024
A South Korean law firm operator was jailed in Busan on March 11 after they were found guilty of stealing clients’ money to spend on crypto investments.
The post South Korean Law Firm Chief Jailed for Stealing Customer Money to Invest in Crypto appeared first on Cryptonews
President Biden Proposes Crypto Mining Tax and Wash Sale Rule in 2025 Budget Proposal
11.3.2024
President Biden's 2025 budget proposal aims to introduce a crypto mining tax and close the wash sale loophole for digital assets. The move faces opposition from House Republicans, who criticize the administration's spending. As the 2024 presidential race heats up, the outcome could shape the future...
Former BlockFi CEO Announces New Career Path – And Settles Lost Bet On His Company’s Bankruptcy
11.3.2024
Zac Prince, the former BlockFi CEO, is breaking into real estate tech now that his defunct crypto lending firm is on a safe path to recovery.
The post Former BlockFi CEO Announces New Career Path – And Settles Lost Bet On His Company’s Bankruptcy appeared first on Cryptonews
Eclipse Labs Raises $50M for Blockchain Scaling Solution Ahead of Mainnet Launch
11.3.2024
Eclipse Labs, a multilayered blockchain builder, has raised $50 million in funding to fuel the launch of its innovative solution for scaling the Ethereum network. The announcement was made on March 11 via the X (formerly Twitter) handle, just weeks before the highly anticipated mainnet launch.
The...
UAE Integrates Cardano Blockchain for Enhanced Criminal Investigation Security
11.3.2024
The United Arab Emirates (UAE) has integrated Cardano blockchain technology to ensure security in criminal investigations. During the World Police Summit in Dubai from March 5 to March 7, 2024, the Dubai police showcased a flagship project based on Cardano.
The post UAE Integrates Cardano...
Exclusive: Web3 Development-Focused Core Foundation Launches New NFT Marketplace
11.3.2024
Core Foundation will embark an NFT collection drop for the community, dubbed – Core Journey.
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Unizen Pledges Reimbursements After $2.1M Loss in Platform Breach
11.3.2024
Unizen has taken swift action in response to a recent security breach that resulted in the loss of approximately $2.1 million in user funds.
The post Unizen Pledges Reimbursements After $2.1M Loss in Platform Breach appeared first on Cryptonews
Mudrex to Offer US Spot Bitcoin ETFs to Indian Investors
11.3.2024
Mudrex, an Indian cryptocurrency investment platform, has announced plans to offer US spot BTC ETFs to institutional and retail investors in India.
The post Mudrex to Offer US Spot Bitcoin ETFs to Indian Investors appeared first on Cryptonews
China’s Shandong Province Introduces Digital Yuan Loan for Entrepreneurs
11.3.2024
Shandong Province offers entrepreneurs digital yuan loans, indicating China's push for digital economy amidst discussions on legal frameworks at the ongoing national legislative conference.
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MakerDAO Approves Emergency Fee Hikes in Response to DAI Stability Concerns
11.3.2024
BA Labs submits an emergency rate adjustment proposal in the MakerDAO forum to raise fees, aiming to stabilize DAI against market turbulence and shrinking reserves.
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South Korea’s Crypto-keen K Bank Aims for IPO Amid BTC Boom
11.3.2024
K Bank, a South Korean neobank that has seen rapid growth thanks laregely to its crypto operations, is set to make an initial public offering (IPO) bid.
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Goldman Sachs Upgrades Coinbase to Neutral as Bitcoin Prices Rally
8.3.2024
Wall Street giant Goldman Sachs upgrades Coinbase stock (COIN) from "sell" to "neutral" as Bitcoin surges. Analysts link the upgrade to the current cryptocurrency market rally and note similar jumps in Bitcoin-linked stocks like MicroStrategy.
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Do Kwon Extradition To South Korea Challenged Again By U.S. Prosecutors
8.3.2024
Terra founder Do Kwon has been caught in a legal battle between the United States and South Korea over which nation gets to extradite the crypto mogul to their turf.
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Pro-Bitcoin Senator Cynthia Lummis Leads Push for Stablecoin Regulation: A Look at the Bill and Its Impact
8.3.2024
U.S. Senators Cynthia Lummis and Kirsten Gillibrand are getting ready to unveil a landmark stablecoin regulation bill. The bill has received support from stakeholders including the Treasury and the New York Department of Financial Services.
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Piers Ridyard, CEO of Radix DLT, on The Future of Web3, Wallets, Account Abstraction, and Creating the Game Engine for DeFi | Ep. 315
8.3.2024
Piers Ridyard, CEO of the decentralized network Radix DLT, talks about the “wild ride” through the worlds of smart contracts and Y Combinator, finding Ethereum, mining on its genesis block, selling ETH, getting into Radix, the project’s fundamental principles, and how it goes above and beyond...
Philippine Central Banker Unveils Project Agila: A Leap into wCBDC Pilot
8.3.2024
The central bank of the Philippines (BSP) aims to complete a CBDC pilot by the end of the year, according to a local press report. Central bank Deputy Governor for Payments and Currency Management Mamerto Tangonan told a press briefing Wednesday: “For CBDC… our timeline for that is to complete...
Band Protocol pioneers Oracle-Stellar Smart Contract integration
8.3.2024
Band Protocol announced that it is now further building on its integration with the Staller Ecosystem. The commitment is to pioneer Oracle services to facilitate the development of dApps, decentralized applications. The mission simultaneously covers the purpose of advancing interoperability...
Polygon to slash transaction fees with Ethereum’s EIP-4844
8.3.2024
The Dencun upgrade is slated to go live on March 14, 2024. The launch of EIP-4844 will follow soon, tentatively scheduled for May 1, 2024. When launched, EIP-4844 will bring special resources to cut transaction fees heavily. An estimate for the same has not been provided, but rough numbers say that...
Fed Chair Jerome Powell Addresses Concerns Over CBDCs, Prioritizes Privacy
8.3.2024
In a recent Senate Banking Committee hearing, Jerome Powell assured lawmakers that the Federal Reserve is not pursuing a CBDC anytime soon and “not far” from cutting interest rate.
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