Category : Blockchain

Blockchain

U.K. Treasury Proposes Ambitious Crypto Regulations

The UK Treasury labelled algorithmic stablecoins "unbacked crypto assets" rather than banning them. (Read More)

Tether Denies Receiving Any Loans From Celsius

Tether's chief technical officer Paolo Ardoino denied borrowing from Celsius in response to Celsius' examiner report. (Read More)

Binance's New Blockchain Platform Aims to Build Web3 Infrastructure

BNB Chain stores storage metadata, while third-party storage providers store data. (Read More)

FTX and Affected Parties Request Subpoenas for Information from close relatives

FTX subpoenas Sam Bankman-Fried and colleagues for bankruptcy proceedings. (Read More)

Former FTX CEO ordered not to contact current or former employees

Sam Bankman-Fried cannot contact FTX or Alameda personnel or utilise Signal as part of his bail terms. (Read More)

Kazakhstan Seeks to Improve Cryptocurrency Trading Framework

DATF framework supports "AFSA's Strategy for 2022," which includes crypto framework development as one of three regulatory goals. (Read More)

HKMA Stablecoin Regulations to Demand Backing by Underlying Assets

The main financial regulator will require stablecoin issuers to always back their values with reserve assets. (Read More)

SEC Loses Appeal in LBRY Vs. SEC

The crypto community hailed the LBRY ruling that LBC tokens sold on the secondary market are not securities. (Read More)

Yuga Labs Facing More Lawsuits Over NFTs

Rosen, a global legal firm, has encouraged BAYC and APE investors to join a class action lawsuit against Yuga Labs for securities law violations. (Read More)

Cardano's New Algorithmic Stablecoin DJED

ADA, Cardano's native token, backs the algorithmic stablecoin, which is tied 1:1 to the US dollar. (Read More)

Greenidge Reduces Debt with NYDIG

Greenidge lowered its NYDIG debt by 76% by relinquishing partial ownership of Bitcoin mining gear and credits. (Read More)

Tesla's $140 Million Bitcoin Loss Shows the Risk of Crypto Holdings

Q1 2021 Tesla spent $1.5 billion on Bitcoin. (Read More)

Poundtoken and BitcoinPoint will make the country's first 100% backed GBP stablecoin

Two UK firms employ ATM stablecoins to make Britain a "crypto centre." (Read More)

US senators write to Silvergate Capital for answers on FTX collapse

Senators Elizabeth Warren, Roger Marshall, and John Kennedy stated Silvergate had not adequately addressed its improper management of FTX customer cash. (Read More)

Ethereum to Launch Zhejiang Public Withdrawal Testnet

Staked Ethereum is frozen until the Shanghai update. (Read More)

The Philippines SEC seeks to bring cryptocurrencies under its scope

The Philippines Securities and Exchange Commission (SEC) has suggested new cryptocurrency regulations to improve its control. (Read More)

Secret Network Validator Smart Stake to Shut Down Nodes

Smart Stake will no longer provide validator services to the Secret Network in light of an internal leadership conflict and transparency concerns. (Read More)

The launch of a nonfungible token protocol on the Bitcoin mainnet

On Jan. 21, Bitcoin introduced "Ordinals," an NFT-like programme. However, meme-inspired JPEGs are filling Bitcoin blockspace. (Read More)

Trial between Hermes and NFT Artist Mason Rothschild set to go ahead

Hermès and digital artist Mason Rothschild's lawsuit is a "momentous turning point for Web3 and digital products." (Read More)

USDC issuer Circle releases accountant-verified report

Circle's newest reserve report shows $44.5 billion USDC stablecoin assets. (Read More)

The Bitcoin mining community has experienced a 50% increase in revenue through mining

Bitcoin mining income dropped to $13.6 million on Dec. 28, 2022, putting pressure on mining businesses. (Read More)

Binance shuts down accounts in relation to Bitzlato investigation

The U.S. Department of Justice announced action against Binance, which blocked accounts due to the Bitzlato probe. (Read More)

Charity Commission investigating Effective Ventures Foundation over ties to FTX

The Charity Commission for England and Wales began the probe because crypto exchange FTX is a "major sponsor" of Effective Ventures Foundation. (Read More)

Digital Asset Investments Surge to $117 Million

Last week, digital asset investment products experienced record inflows and volumes. (Read More)

Montenegrin Prime Minister Dritan Abazovic has announced a pilot digital currency project

After meeting with Ripple at the World Economic Forum, Montenegrin Prime Minister Dritan Abazovic launched a prototype digital currency initiative. (Read More)

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