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Binance Faces Tax Evasion Charges in Nigeria, Executives Detained
25.3.2024
Binance, the world's largest cryptocurrency exchange, is facing tax evasion charges in Nigeria, as the dispute between the exchange and Nigerian authorities escalates.
The post Binance Faces Tax Evasion Charges in Nigeria, Executives Detained appeared first on Cryptonews
Singapore-Licensed DigiFT Introduces US Treasury Bill Depository Receipt Tokens
25.3.2024
DigiFT, a Singapore-based fintech company, has made a foray into the digital asset realm with the launch of the its US Treasury bill depository receipt (DR) tokens.
The post Singapore-Licensed DigiFT Introduces US Treasury Bill Depository Receipt Tokens appeared first on Cryptonews
ParaSwap Resolves Vulnerability in Newly-Launched Smart Contract, Returns Crypto Assets to Users
25.3.2024
ParaSwap has addressed a critical vulnerability in its recently launched Augustus v6 smart contract and has commenced the process of returning cryptocurrency assets to affected users.
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Web3 Platform Friend.tech Transforms Ownership, Shares Stake with Users
24.3.2024
Friend.tech, a social platform leveraging Web3 technology, has proposed a new ownership model by offering its shares to its users.
The post Web3 Platform Friend.tech Transforms Ownership, Shares Stake with Users appeared first on Cryptonews
Warning from Emin Gün Sirer: Deceptive Trends Threaten Integrity of Crypto Markets
24.3.2024
Emin Gün Sirer, the co-founder of Avalanche blockchain, has sounded the alarm on deceptive trends infiltrating certain layer-2 (L2) solutions, posing risks to investors.
The post Warning from Emin Gün Sirer: Deceptive Trends Threaten Integrity of Crypto Markets appeared first on Cryptonews
Crypto Markets Require Transparency, Says SEC Chair Gary Gensler
23.3.2024
The US Securities and Exchange Commission (SEC) Chair Gary Gensler has criticized crypto industry participants for avoiding registration requirements with the regulator.
The post Crypto Markets Require Transparency, Says SEC Chair Gary Gensler appeared first on Cryptonews
Saudi Investors Barred from FTX’s Anthropic Stake Sale Over National Security Concerns
23.3.2024
AI startup Anthropic will not accept investments from Saudi Arabia in the sale process of 8% of its shares as part of FTX's bankruptcy proceedings.
The post Saudi Investors Barred from FTX’s Anthropic Stake Sale Over National Security Concerns appeared first on Cryptonews
Worldcoin Orb Software Goes Open-Source — What Does it Mean for User Data Privacy?
22.3.2024
The Worldcoin Orb, a futuristic iris-scanning device for identity verification, has open-sourced its software. Developers can now review the components on GitHub, allowing transparency into the project's data privacy measures. Stay updated on the Worldcoin Orb and what it means for user data...
Parallelized EVMs May Solve Blockchain Trilemma, But It’s Risky Business
22.3.2024
Data from Fortune Business Insights predicts that the global blockchain technology market size will reach $469.49 billion by 2030. Although the potential behind blockchain technology is huge, a number of setbacks may hamper adoption however. For instance, the “blockchain trilemma” continues to...
US DOJ Files Lawsuit Against Apple Over Unfair Rules Targeting Crypto Apps
22.3.2024
The Justice Department and 16 state and district attorneys general have filed a civil antitrust lawsuit against Apple, accusing the tech giant of monopolizing or attempting to monopolize smartphone markets.
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Security Vulnerability in Apple’s M-Series Chips Puts Mac Users’ Crypto Private Keys at Risk
22.3.2024
Researchers have uncovered a significant security vulnerability in Apple's M-series chips, raising concerns about the safety of crypto private keys stored on Mac computers.
The post Security Vulnerability in Apple’s M-Series Chips Puts Mac Users’ Crypto Private Keys at Risk appeared...
San Diego Federal Court Denies Silvergate’s Dismissal Motion in FTX Fraud Case
22.3.2024
The San Diego federal court has ruled that Silvergate Bank must face a class-action lawsuit filed by FTX users which alleges that the bank aided the exchange and Alameda Research in fraudulent activities.
The post San Diego Federal Court Denies Silvergate’s Dismissal Motion in FTX Fraud Case...
JPMorgan Warns of Further Bitcoin Decline Despite Recent Correction
22.3.2024
Bitcoin has experienced a pullback of over 10% from its all-time high, with the demand for spot Bitcoin exchange-traded funds (ETFs) showing signs of moderation.
The post JPMorgan Warns of Further Bitcoin Decline Despite Recent Correction appeared first on Cryptonews
Frax Finance Unveils Roadmap to Reach $100 Billion in Locked Assets on L2 Network by 2026
22.3.2024
DeFi protocol Frax Finance has revealed an ambitious roadmap aimed at increasing the total dollar value of crypto assets locked in its layer 2 blockchain to $100 billion by the end of 2026.
The post Frax Finance Unveils Roadmap to Reach $100 Billion in Locked Assets on L2 Network by 2026 appeared...
Spot Bitcoin ETFs See Fourth Consecutive Day of Net Outflows, GBTC Bleeds $358M
22.3.2024
The Grayscale Bitcoin Trust's (GBTC) exchange-traded fund (ETF) experienced another day of significant outflows, with nearly $359 million exiting the fund on March 21.
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Coinbase Derivatives Plans Cash-Settled Futures for Dogecoin, Litecoin, and Bitcoin Cash
21.3.2024
Coinbase is gearing up to launch futures trading for some notable cryptocurrencies, including the popular meme coin Dogecoin, as well as Litecoin and Bitcoin Cash.
The post Coinbase Derivatives Plans Cash-Settled Futures for Dogecoin, Litecoin, and Bitcoin Cash appeared first on Cryptonews
OKX Ceases Operations in India, Citing Regulatory Hurdles
21.3.2024
OKX has emailed its users in India to inform them that it will discontinue its services there, urging them to withdraw their funds by the end of April.
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Layerswap Recovers Domain After Hijack, Restores User Funds After $100,000 Loss
21.3.2024
Layerswap fell victim to a domain hijacking incident that resulted in a phishing scam that stole roughly $100,000 worth of crypto assets from around 50 users.
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Polygon PoS Sidechain Implements Napoli Hard Fork, Adding Support for Upgrades Included in Dencun
21.3.2024
The Polygon Proof-of-Stake (PoS) sidechain has successfully executed the Napoli hard fork, making it the first network to support RIP-7212.
The post Polygon PoS Sidechain Implements Napoli Hard Fork, Adding Support for Upgrades Included in Dencun appeared first on Cryptonews
North Korea’s Cyber Activities and Crypto Theft Fuel Half of Foreign Currency Revenue: UN
21.3.2024
North Korea has been actively involved in "malicious" cyber activities, contributing to nearly half of its foreign currency revenue and funding its weapons programs.
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