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Solana set to deploy State Compression to lower the NFT minting cost
7.4.2023
Solana has currently dominated the market in terms of the most cost-effective minting pricing for non-fungible tokens. Compare it to Ethereum, and the difference reflects that while the cost is still on the lower side, State Compression further brings it down. To explain briefly, state compression...
Swiss State-Owned Banking Giant Postfinance to Offer Crypto Services
7.4.2023
Postfinance, one of Switzerland’s largest retail banks, will offer customers access to major cryptocurrencies and related services. The state-owned financial institution will be using the banking platform developed by the Swiss-licensed digital asset bank Sygnum. Postfinance Partners With Sygnum...
Washington state DFI warns Eucoinotrade may be engaging in ‘advanced fee fraud’
6.4.2023
One user claims they were defrauded out of more than $50,000 by the website, which authorities are now referring to as an “alleged cryptocurrency exchange.”
US Treasury Report Warns of Defi’s Threat to National Security, Authors Conclude Fiat Is Used in Illicit Finance More Than Crypto
6.4.2023
The U.S. Treasury has released a 42-page report assessing the risks of decentralized finance (defi). The report states that specific nation-state adversaries, cybercriminals, ransomware attackers, thieves, and scammers are using defi to “transfer and launder their illicit proceeds.”...
US state regulators announce $10M settlement with Robinhood 'for failing investors'
6.4.2023
The investigation looked into complaints of Robinhood's system outages, causing users to miss out on trades while many of the platform's services were unavailable
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...
Chinese state insurance firm launches two crypto funds in Hong Kong: Report
6.4.2023
The Chinese government-backed CPI Investment Management is launching two crypto funds related to blockchain investment and staking
Chinese State-Owned Company Launches 2 Crypto Funds in Hong Kong
6.4.2023
One of China’s leading insurers has backed the establishment of two crypto investment funds in Hong Kong. The business move comes against the backdrop of the region’s ambitions to become a hub for digital assets, and despite the negative regulatory attitude towards the market in the mainland....
Indian Government Answers Questions About Crypto Legalization, Fraud Prevention
6.4.2023
The Indian government has responded to parliamentary questions about the legalization of cryptocurrency and the steps it has taken to prevent crypto-related fraud. “Crypto assets are currently unregulated in India. Frauds relating to crypto are dealt with under extant laws against fraud...
US Bitcoin reaches tentative settlement to reopen Niagara Falls mining facility
5.4.2023
After a lengthy legal tussle, the company will have to pay various fees and fines and take extensive noise control measures
Swiss state-owned bank Postfinance to offer Bitcoin trading
5.4.2023
PostFinance’s parent firm Swiss Post is known for its pro-crypto stance, working on its own crypto custody services and issuing crypto stamp collectibles
Multiple US state regulators allege AI trading dApp is a Ponzi scheme
5.4.2023
The alleged scheme claimed it could generate returns of up to 2.2% a day by leveraging AI to trade more often and with higher profits than a person could
The SEC's Beaxy Suit Looks Like a Coinbase Case Preview
4.4.2023
The SEC took pains to note the Beaxy exchange did a lot of illegal trading. Is this a preview of its action against Coinbase?
The state of Quest 2 VR games: 2023 edition!
29.3.2023
Also: why Early Access can be a double-edged sword, and lots more
That Binance Suit Sure Seems Bigger Than Just a CFTC Case
29.3.2023
Between Coinbase, Binance, Justin Sun, Do Kwon and Custodia, there has been just so much news over the last week. And that’s largely just the U.S. But Binance is the most interesting, not only for what happened (the Commodity Futures Trading Commission sued it), but also for what didn’t (the...
Zero-knowledge proofs coming to Bitcoin, overhauling network state validation
28.3.2023
Zero-knowledge proofs have powered the development of Ethereum layer 2s, and now they’re coming to Bitcoin
First Mover Asia: China’s State-Owned Banks Are Soliciting Hong Kong Crypto Business, but Opening an Account Is Hard
28.3.2023
Are bitcoin traders shrugging off the CFTC's action against Binance? Or is there just not enough liquidity to go around?
Chinese State-Owned Banks Extend Crypto-Friendly Hand to Hong Kong Firms
27.3.2023
China’s state-owned banks are offering services to local cryptocurrency companies in Hong Kong as the city embraces a more friendly regulatory stance.
According to a Monday report from Bloomberg, a number of Chinese state-owned banks in Hong Kong have started offering services to crypto...
How Crypto Ended Up at the Center of a Potential $20 Billion Internal Corruption Scandal in Venezuela — Bitcoin Mining Shutdown Results
24.3.2023
The establishment of sanctions by the Trump administration towards PDVSA, the state oil company in Venezuela, reportedly forced the hand of the government in the country to find alternative means of payment for crude oil. According to reports, more than $3 billion are missing from these payments...
California Leads the Way as U.S. Federal, State Agencies Consider Blockchain’s Applications: Bank of America
24.3.2023
The tokenization of vehicle titles could enable fractionalized vehicle ownership, the report said