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Report: Binance US Struggles to Secure Banking Partner Amid Regulatory Crackdown on Crypto Industry
8.4.2023
Following the collapse of Silvergate Bank, Silicon Valley Bank, and Signature Bank, cryptocurrency companies have been seeking new banking partners in the United States. According to a recent report citing “sources familiar with the matter,” Binance US, the American subsidiary of...
NFT Sales Rise 7.28% to $179.64 Million in 7 Days, Nakamigos Takes the Top Collection Spot
8.4.2023
Sales of non-fungible tokens (NFTs) increased this week, with $179.64 million in sales over the last seven days. NFT sales rose 7.28% and transactions grew by 2.29% during this period, but the number of digital collectible buyers decreased by 4.34%. NFT Sales Improve This Week, Rising 7.28% Higher...
Polygon becomes second largest gaming blockchain after user activity surges in March
8.4.2023
Polygon overtook Hive for the second spot in last month, as the growth in unique active wallets was driven in part by the Hunters On-Chain RPG game
GensoKishi Online Has Announced BNB Chain Bridge and Listing on a Japanese Crypto Exchange
8.4.2023
PRESS RELEASE. The Build N Build (BNB) Chain is a decentralized blockchain network that allows developers and innovators to build decentralized applications (DApps) as part of the transition to Web3. The BNB Chain is capable of high-speed transaction processing and lower cost transactions than...
Pheu Thai Candidate Promises Digital Currency Airdrop of $300 to Every Citizen in Thailand if Elected
8.4.2023
A Pheu Thai candidate running for prime minister of Thailand position, Srettha Thavisin, has promised that every citizen in the country will receive 10,000 Thai baht ($300) in digital currency if he wins the general election in May. However, a minister within the prime minister’s office...
Reports Claim Chivo Bitcoin Wallet Is Flagging Wasabi Transactions in El Salvador
7.4.2023
According to several reports, the Salvadoran government-issued bitcoin wallet, Chivo, has been freezing wallets and requesting that owners verify the source of funds. The founder of El Zonte’s Bitcoin Beach stated that the government’s bitcoin wallet software is flagging and freezing...
Snoop Dogg Sports Blinged-Out Crypto Hardware Wallet at Wrestlemania 39
7.4.2023
Four days ago, the American rapper, entrepreneur, and owner of Death Row Records, Snoop Dogg, hosted WWE’s annual event, Wrestlemania 39, in Hollywood. The rap star was spotted wearing a gold and black diamond Ledger Nano X around his neck on a gold chain. Over the last year, Snoop has been...
Solana's Latest Tech Solution Aims to Dramatically Reduce On-Chain Storage Costs – Here's How it Works
7.4.2023
Popular layer-1 blockchain Solana has unveiled a new solution that will dramatically decrease the cost of storing data on-chain.
In a Thursday blog post, Solana Foundation tech lead Jon Wong said the "state compression" technology would bring down the cost of minting 1 million non-fungible tokens...
South Korean Prosecutors Uncover Alleged $314 Million Criminal Proceeds Tied to Terraform Labs Co-Founders
7.4.2023
According to a report by South Korean news publication KBS, Do Kwon, the co-founder of Terraform Labs, has converted a “large part” of his assets into bitcoin. Prosecutors in South Korea believe that Kwon’s purported bitcoin stash was transferred to an international exchange....
SafeTech extends support to VechainThor Blockchain
7.4.2023
VeChain Foundation has published an official blog post to announce that it has advanced in building a robust blockchain infrastructure by deploying Thor Mainnet Node Clusters in partnership with SafeTech. The deployment is life across Europe and the United States of America. Not just robustness...
RabbitHole introduces new on-chain reputation system ETH Earned
7.4.2023
RabbitHole recently announced the release of ETH Earned, its new on-chain reputation system. The system has been introduced to reward users’ network participation. With ETH Earned, RabbitHole aims to reward users for their efforts, making participation as strong as investments. The more quests...
Interchain Foundation forwards a grant to Datachain
7.4.2023
The Interchain Foundation has once again forwarded a grant to Datachain. The first time they did this was in the month of October 2021. This simply proves the fact that the entity happens to be really appreciative of the kind of effort and value creation Datachain has carried out in the form of...
25% of NFT owners have a collection of 51 or more – CoinGecko Report
7.4.2023
Despite the crypto bear market in 2022, there wasn’t a significant decline in NFT adoption, according to the report
Bitcoin Difficulty Reaches New All-Time High After Fourth Consecutive Increase
7.4.2023
On April 6, 2023, Bitcoin’s difficulty rose 2.23% higher at block height 784,224, touching another all-time high. It’s the fourth consecutive difficulty increase on the Bitcoin network since Feb. 24, and the protocol’s current difficulty is 47.89 trillion, which is only 2.11...
Germany plans to issue electronic shares on blockchain, boost startups
6.4.2023
Under the Future Finance Act, the German government is pushing for more welcoming regulations for startups working with financial innovation
Avalanche introduces ‘Evergreen’ subnets to connect institutions on blockchain
6.4.2023
Ava Labs has introduced its new Evergreen subnets, aiming to help institutions improve control and intercompany communication on the blockchain
Avalanche’s New Subnet to Offer Blockchain Customization for Financial Institutions
6.4.2023
The protocol said the subnet will be a suite of institutional blockchain deployments and tooling specifically designed for financial services
New York Finance Regulator Clarifies: Signature Bank Shutdown Unrelated to Crypto Activities – Bullish for the Industry?
6.4.2023
The idea that the closure of Signature Bank was in any way an attempt to target the crypto sector is “ludicrous,” the Superintendent of the New York Department of Financial Services (NYDFS) has said....
Read More: New York Finance Regulator Clarifies: Signature Bank Shutdown Unrelated to Crypto...
Today in Crypto: Sentiment Recovers 90% of Funds from Hacker, Major Chinese State-owned Company Launching Two Crypto Funds, Australian Regulator Cancels Binance's Derivatives License
6.4.2023
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: Sentiment Recovers 90% of Funds from Hacker, Major Chinese State-owned Company Launching Two Crypto Funds...
Arbitrum Registers Record Activity Over the Last 2 Weeks as Transactions per Day Count Surges
6.4.2023
In the past 20 days, the Arbitrum blockchain has recorded a significant number of transactions coinciding with the recent ARB airdrop that occurred on March 23. About two weeks ago, on that day, the Arbitrum network recorded an all-time high of 2.72 million transactions settled in 24 hours....