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Kuwait Capital Markets Authority Reaffirms Comprehensive Crypto Asset Ban


In a circular released by the Capital Markets Authority of Kuwait, the regulator reaffirmed its position that Kuwait strictly prohibits the use of virtual currencies and bans mining activities within the Gulf state. The authority also emphasized the importance for businesses to inform customers...

Crypto Firm RISC Zero Secures $40M Funding Round Led by Blockchain Capital


RISC Zero, a startup that builds zero-knowledge (ZK) proof software, has raised $40 million in a Series A funding round led by the major crypto-focused investor Blockchain Capital. In its announcement of the closing of the funding round, RISC Zero said the fresh capital will be used to bring...

Today in Crypto: UK Gov 'Firmly Disagrees' with Treasury on Regulating Crypto as Gambling, UK FCA to Open Digital Sandbox on August 1, Push Protocol Launches Decentralized Audio & Video Streaming App


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: UK Gov 'Firmly Disagrees' with Treasury on Regulating Crypto as Gambling, UK FCA to Open Digital Sandbox...

UK Strongly “Disagrees” Recommendation to Regulate Crypto as Gambling


The United Kingdom’s economic and finance ministry – HM Treasury – has strongly denied proposals by the House of Commons’ Treasury Committee to regulate cryptocurrencies like gambling. The UK Treasury Committee had called for unbacked cryptocurrencies to be regulated like gambling in May. A panel...

Bitget Executive Reveals AI's Optimization of Crypto Exchange Operations


Cryptocurrency exchange Bitget is using artificial intelligence (AI) in a number of ways to provide better services for users and stay ahead of the curve.  During the Ethereum Community Conference in Paris, Gracy Chen, the managing director of Bitget, revealed that the exchange is utilizing...

Crypto Privacy Protocol Manta Network's Team Valued at $500M


P0x, the development firm behind the privacy-preserving Polkadot-based protocol Manta Network, has reached a valuation of $500 million after concluding a recent funding round. The recent Series A funding round brought in $25 million to the company, an announcement from Wednesday this week said....

Former FTX COO Constance Wang Joins Sino Global Crypto Fund


Zhe Constance Wang, a former associate of the embattled FTX CEO Sam Bankman-Fried has joined Sino Global Capital, a digital asset fund as its head of gaming.  Wang has often been described as a “right-hand man” of Bankman-Fried in his funding push during her time at FTX. She joined the exchange...

South Park Crypto Presale Launching Soon: Will it Pump Like Mr Hankey Coin?


In a market teeming with meme coins and celebrity-endorsed tokens, a unique and audacious contender is stirring up a storm, meet Burn Kenny Coin ($KENNY), an inventive and community-driven meme token, here to shake things up. Crafted within the vibrant ecosystem of the Ethereum network, $KENNY...

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