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Binance-backed Magic Square IDO platform to democratize retail investor access
17.5.2024
IDO launchpads are becoming a popular way to raise funds for projects, with some IDOs reaching nearly half a billion dollars
The Hashgraph Association Partners With Qatar Financial Centre to Launch Digital Assets Venture Studio
17.5.2024
The Hashgraph Association, a Swiss non-profit organization, has partnered with the Qatar Financial Centre (QFC) to launch a $50 million digital assets venture studio. The venture studio aims to support companies in developing regulatory-compliant decentralized finance (defi) solutions. Supporting...
Block Subsidiary, TBD, Partners With Chipper Cash for Quicker, More Affordable Remittances
17.5.2024
TBD, a subsidiary of Block, owned by Jack Dorsey, has formed a partnership with Chipper Cash, an Africa-focused fintech company. This partnership aims to expedite consumer remittances and make them more affordable. According to a statement, Chipper Cash plans to use the decentralized exchange...
Regulatory crackdown spawns anti-SEC 'CultureCoin'
16.5.2024
Creators of NotWifGary aim to "stand [their] ground against Gary Gensler and the SEC" in support of Ethereum and open-source developers
ShibaSwap rolls out major upgrade, moves to Shibarium
16.5.2024
Previously only available on the Ethereum blockchain, the DEX will now operate on both Shibarium and Ethereum
Chinese police bust $1.9B USDT underground banking racket
16.5.2024
The authorities destroyed two underground operations in Fujian and Hunan, and the police also froze 149 million yuan worth $20 million linked to the USDT banking operations
Blockchain ID project Humanity Protocol hits unicorn status with $30M raise
16.5.2024
Over half a million people are already on the waitlist for Humanity Protocol’s public testnet launch, expected to take place in the back half of 2024
EOS Network Foundation Founder: Bitcoin Halving Spurs Development of Solutions Enhancing Network Efficiency
16.5.2024
With Bitcoin transaction fees recently becoming a more critical component of miner revenue, Yves La Rose, CEO of Exsat, believes there is “an increased incentive to adopt and develop solutions that enhance transaction throughput and network efficiency.” According to La Rose, this...
Shibaswap Migrates to Shibarium Network, Expanding Access to 2 Chains
15.5.2024
On May 15, the development team for the meme token project SHIB announced that the decentralized exchange (dex) Shibaswap has been ported to the Shibarium blockchain. SHIB’s lead developer detailed that Shibaswap’s trading platform is now accessible to users of both the Ethereum and Shibarium...
Solana-based Cypher developer confesses to gambling away $300K of user funds
15.5.2024
The insider’s exploit went unnoticed for months, despite over 36 individual transactions
Israeli fintech Kima, Mastercard lab look to develop ‘DeFi credit card’
14.5.2024
Kima is seeking to bridge traditional and Web3 finance and make the user experience more manageable
DeFi Lender Liquity Unveils New Stablecoin With User-Set Borrowing Rates in White Paper
14.5.2024
Liquity V2 will allow borrowers to set their borrowing costs, a novel approach in DeFi, and pays the lion's share of protocol revenues back to liquidity providers
Tornado Cash Developer Alexey Pertsev Sentenced to 64 Months for Money Laundering
14.5.2024
A Dutch court has sentenced Tornado Cash developer Alexey Pertsev to five years and four months in prison for laundering $2.2 billion through the cryptocurrency mixing service. The case represents a pivotal moment for decentralized finance (defi) regulation and crypto privacy. Dutch Court Imprisons...
Regulators are cracking down on financial privacy, but ZK-proofs can help
14.5.2024
The convergence of ZK-proofs and decentralized identity systems could create more compliant privacy-preserving protocols, without sacrificing user privacy
Equalizer DEX hacker drains funds: Users warned, investigation underway
14.5.2024
A hacker has siphoned tokens through a series of unauthorized transactions, leaving the crypto community in shock
Coinbase recovers after system-wide outage, but user withdrawals remain offline
14.5.2024
While the reason behind the three hour, system-wide outage remains unknown, some users are still unable to transfer or withdraw their funds from the exchange
Antonio Juliano steps down as CEO of dYdX
13.5.2024
The decentralized exchange is now led by Ivo Crnkovic-Rubsamen, a former trader and dYdX chief strategy officer
Solana’s Defi Landscape to Shift With Marginfi’s Introduction of YBX Stablecoin
11.5.2024
The decentralized lending protocol built on the Solana blockchain, Marginfi, announced the upcoming launch of YBX, which is expected to be the first notable decentralized stablecoin on Solana, aiming to provide an alternative to the network’s heavy reliance on Circle’s centralized stablecoin...
Base set for ‘material share’ of SocialFi activity: Franklin Templeton
10.5.2024
Base is already home to 46% of transactions related to SocialFi on-chain, but the asset manager says it has even more room to grow
Coinbase sees infinite interoperability potential with Ethereum and USDC
9.5.2024
Coinbase head of tokenization Anthony Bassili described plans for its Base network at TokenizeThis 2024 in Miami