Cryptocoins News / Blockchain - 2 years ago
Binance.US is facing challenges in securing a bank partner to serve as a fiat on-ramp and off-ramp for its clients in the United States. Recent regulatory crackdowns on banks with crypto clients, along with failed attempts to establish direct banking...
Cryptocoins News / Blockchain - 2 years ago
Sphere 3D, a crypto miner, has filed a lawsuit against Gryphon Digital Mining, its partner, after an alleged spoofing attack led to the irregular transfer of Bitcoin. Gryphon CEO allegedly wired BTC to a fraudster posing as Sphere 3D's CFO. Sphere 3D...
Cryptocoins News / Blockchain - 2 years ago
A fake video of ECB President Christine Lagarde admitting to the use of a digital euro for limited control of payments was shared on social media. The video was revealed to be a prank and was part of a series of similar hoaxes targeting public figure...
Cryptocoins News / Blockchain - 2 years ago
The International Organization of Securities Commissions (IOSCO) plans to launch a consultation for its crypto asset regulation report in Q2 2023. The final recommendations are expected to be published by the end of 2023, with separate workflows dedi...
Cryptocoins News / Blockchain - 2 years ago
Gala Music, in partnership with Larry Dvoskin and Warner Chappell Music, is set to launch a limited edition collection of NFTs featuring an unreleased version of David Bowie's "Let's Dance." Each NFT will give its owner exclusive access to the song,...
Cryptocoins News / Blockchain - 2 years ago
Mt. Gox cryptocurrency exchange has provided an update on its repayment progress for creditors. The company's rehabilitation trustee, Nobuaki Kobayashi, announced that the deadline for creditors to provide their repayment information has passed, and...
Cryptocoins News / Blockchain - 2 years ago
South Korean prosecutors have identified $314.2 million in illicit assets linked to Do Kwon and Terraform Labs. Kwon reportedly converted most of the funds into Bitcoin using overseas exchanges, making it difficult for the authorities to recover the...
Cryptocoins News / Blockchain - 2 years ago
In Q1 2023, hackers accessed over $320 million through 139 incidents on BNB Chain and losses of $221 million on Ethereum. While significantly lower than Q1 and Q4 2022, the quarter saw hundreds of millions lost, with 60% due to the Euler Finance hack...
Cryptocoins News / Blockchain - 2 years ago
The Pheu Thai Party in Thailand plans to give all Thai residents over the age of 16 a stipend of $300 in digital currency if the party wins the next election. The initiative aims to stimulate the local economy using blockchain technology. (Read More)
Cryptocoins News / Blockchain - 2 years ago
Facebook's parent company, Meta, is offering its metaverse developers salaries ranging from $600,000 to almost $1 million, despite billions in losses for its virtual reality suite. CEO Mark Zuckerberg remains committed to Meta's long-term vision of t...
Cryptocoins News / Blockchain - 2 years ago
Celsius Network, the bankrupt crypto lender, has announced it will proceed with its Chapter 11 restructuring plan, with a disclosure statement containing information for claim holders to be filed on April 12. The proposed restructuring plan is sponso...
Cryptocoins News / Blockchain - 2 years ago
Twitter users were unable to interact with tweets containing Substack links on April 7, receiving an error message or encountering issues with registering their interactions. It is unclear whether the issue is a bug or an intended feature. The proble...
Cryptocoins News / Blockchain - 2 years ago
Major media outlets have objected to the withholding of non-US customer identities during FTX's bankruptcy proceedings, citing the public's right to access bankruptcy filings. FTX and its customers have failed to justify the need for such secrecy, ac...
Cryptocoins News / Blockchain - 2 years ago
Three trading firms, Jane Street Group, Tower Research Capital, and Radix Trading have been identified as Binance's VIP clients in the CFTC lawsuit. The firms allegedly received preferential treatment from Binance, including lower transaction fees an...
Cryptocoins News / Blockchain - 2 years ago
ASIC has canceled the financial services license of Binance Australia Derivatives after reviewing Binance's operations in the country. Clients must close their existing derivatives positions before April 21. (Read More)
Cryptocoins News / Blockchain - 2 years ago
Singapore's monetary authority and police forces are collaborating with traditional banks to optimize their procedures for opening accounts for digital asset service providers. After six months, results and conclusions for risk management and due dil...
Cryptocoins News / Blockchain - 2 years ago
Reddit has launched the third generation of its blockchain-based digital collectibles, Reddit Avatars, on the Polygon blockchain. The release has generated excitement and predictions of quick sellouts, but some users have criticized the payment proce...
Cryptocoins News / Blockchain - 2 years ago
Foreign direct investment (FDI) in Nigeria fell by 33% in 2021 due to a shortage of dollars, which has also discouraged foreign crypto investment. Despite the exponential growth of crypto adoption in Nigeria, with active adult traders and high usage...
Cryptocoins News / Blockchain - 2 years ago
FTX Future Fund, the philanthropic arm of FTX exchange, has shut down following the exchange's collapse in November 2022. The fund had pledged $1 billion in donations toward research academics across prestigious universities, but the team behind the...
Cryptocoins News / Blockchain - 2 years ago
Lending protocol Sentiment has recovered stolen funds from a recent hack by offering the hacker a $95,000 bounty. The hacker returned over $771,000 in Ether, and Sentiment also received an additional 51.75 ETH. The incident highlights the importance...
Cryptocoins News / Blockchain - 2 years ago
CPIC Investment Management, a subsidiary of China Pacific Insurance, is launching two crypto funds with Waterdrip Capital, targeting institutional and wealthy private investors. The funds will focus on investments in early-stage blockchain projects a...
Cryptocoins News / Blockchain - 2 years ago
Japan's Web3 Project Team, a part of the country's ruling Liberal Democratic Party, has released a white paper with recommendations for expanding the country's cryptocurrency industry. The paper suggests modifications to tax regulations, establishing...
Cryptocoins News / Blockchain - 2 years ago
China and Malaysia are discussing the creation of an Asian Monetary Fund as a way to move away from U.S. dollar hegemony. The fund was proposed at a forum in Hainan, China, and Malaysian Prime Minister Anwar Ibrahim has stated that China is open to t...
Cryptocoins News / Blockchain - 2 years ago
Ether breaks $1,900 for the first time in over seven months, ahead of the Ethereum Shanghai hard fork that will allow stakers to withdraw their ETH. The recent price increase may be driven by expectations of the Federal Reserve easing its quantitativ...
Cryptocoins News / Blockchain - 2 years ago
Bob Lee, former CTO of Square and creator of Cash App, died after being stabbed in San Francisco on April 4. The CEO of Abra confirmed the news on Twitter, and Jack Dorsey also expressed his condolences on the decentralized social media platform Nost...
