The Japan Virtual and Crypto assets Exchange Association (JVCEA) – the country’s watchdog responsible for overseeing digital coin listings on local exchanges – would loosen up its screening process, according to a source acquired by Bloomberg. No More Tokens Screening From the people with knowledge of the matter, the self-regulated body – JVCEA – will...Read More
A new crypto marketplace backed by leading retail brokerages and market makers is expected to roll out this year or early 2023. According to sources, the new trading platform can provide a major boost to crypto trading for retail investors. Partnership for New Crypto Initiative Market makers Citadel Securities and Virtu Financial have joined hands...Read More
Block Head Jack Dorsey is teaming up with the famous hip-hop artist JAY-Z to fund Bitcoin education for the latter’s hometown. With a series of free classes on the subject, they intend to inform residents of Marcy Houses in Brooklyn, New York why they should care about the primary cryptocurrency. The Bitcoin Academy The educational...Read More
One of the greatest actors of all time – Sir Anthony Hopkins – said he wants to jump on the non-fungible token bandwagon. As such, he asked for the help of Snoop Dogg, Jimmy Fallon, and Reese Witherspoon, who have some experience in the field. The Latest Celebrity to Join the NFT Craze It seems...Read More
Blockchain data shows that the recent, unintended recipient of 20 million OP tokens from Optimism has sent 1 million of those tokens to Ethereum co-founder Vitalik Buterin. According to Blockchain security firm PeckShield, the exploiter’s network address sent 1,000,000 OP to an address previously established as belonging to Vitalik. The funds are worth about $874,000...Read More
CEO of crypto investment firm Galaxy Digital and former hedge fund manager, Mike Novogratz, stated that two-thirds of the crypto hedge funds will fail as a result of the sharp downtown this year in the price of these assets. Future of Crypto Hedge Fund While speaking at the Piper Sandler Global Exchanges & Brokerage Conference...Read More
After a brief slowdown in May, the Bitcoin network’s hash rate has rebounded to new all-time highs. In total, miners are now producing an average of 258 exahashes per second (EH/s), per day. According to public hash rate data, the average daily hash rate has spiked by 4.41% in the past 24 hours alone. Just...Read More
All eyes have been on Do Kwon and his crew at Terraform Labs since the fall of Terra Luna and UST and the following introduction of Terra 2.0. Several allegations have been made against the founder and TFL, some of which are backed up by good proof. TFL and Do Kwon have even been the...Read More
After setting his Twitter profile to private four days ago, Terra Luna’s Founder, Do Kwon, once again opened up his Twitter account to the public, publishing a series of posts. Do Kwon Opens Up In a series of tweets published today, June 9th, Do Kwon elaborated on several issues regarding Terra 2.0. Starting with a...Read More
[PRESS RELEASE – Please Read Disclaimer] Singapore, 9 June 2022 – Leading global derivatives exchange – Bitget, is pleased to announce the IEO of Revoland, the first blockchain-based multiplayer online battle arena (MOBA) game on Huawei Cloud, on its global platform spanning 50 countries and more than two million users. Subscriptions for Revoland will be...Read More
[PRESS RELEASE – Please Read Disclaimer] It is hard to imagine that one year has already passed and BetFury Sports Betting celebrates its 1st anniversary. It’s just the beginning of the ambitious and prosperous way. So the BetFury team prepared something interesting this time: Odds Kings, Battle, and a brand new option for all bettors:...Read More
Around the Block from Coinbase Ventures sheds light on key trends in crypto. Written by Connor Dempsey. Data by Mike Cohen. TLDR: Central Banks and governments responded to the March 2020 COVID market shock with unprecedented interest rate cuts, money printing, and stimulus These easy money policies kicked off a multi-year bull run for equities...Read More
As Bitcoin and Ethereum struggle to hold support, Terra 2.0 (LUNA) also faces significant bearish pressure from traders and investors. The Terra 2.0 (LUNA) price declined by over 20% in the past 24 hours and down over 58% the past week, currently trading at $2.83 and falling as traders remain impatient and fear is taking...Read More
[PRESS RELEASE – Sofia, Bulgaria, 9th June 2022] Hybrid Banking/DeFi project ChangeX is proud to announce the onboarding of a new advisory board, with experts of SoftBank, Merrill Lynch, and Citibank fame. The move reflects ChangeX’s efforts to streamline institutional capital acquisition and strategic development, after successfully oversubscribing the ICO for the CHANGE token by...Read More
By Faryar Shirzad, Chief Policy Officer Tl;dr: As negotiations on the EU’s crypto rules enter a critical phase, we’re sharing four key pillars that should be taken into consideration. The potential for the EU is enormous and Coinbase is working to inform the process and drive towards positive policy outcomes. Leading the charge for a...Read More
The conflict of interest surrounding which blockchain will host the Apes have imploded after a tumultuous token launch back in March. As many buyers expressed dismay over the much-anticipated virtual land sale by Yuga Labs, a solution of a potential departure from Ethereum was suggested. But more than half of the ApeCoin participants have chosen...Read More
Tether, the issuer of the world’s largest stablecoin, has announced the launch of USDT on the Tezos blockchain, thus expanding the number of networks supporting the asset to 12. The layer 1 network, Tezos, uses a variant of Proof-of-Stake (PoS), known as liquid Proof-of-Stake (LPoS), and is designed to undergo changes without initiating a hard...Read More
Bitcoin (BTC) prices have been stuck around the $30,000 level for almost a month, with a few reasons offering an upswing lift. According to Coinmarketcap.com, at the moment Bitcoin is valued at $30,318, pretty much unchanged from its early May trading. The currency has dropped more than 50% since its record high in 2021. Also...Read More
Cosmos-based DeFi protocol, Osmosis Network, was halted at block #4713064 on June 8th after spotting a critical vulnerability in its liquidity pools. The exploit took place just two blocks before the halt. The attack was first reported by a Reddit user who warned if a customer deposits funds to an Osmosis pool would gain an...Read More
According to CFTC Commissioner Summer Mersinger, U.S. policymakers are moving closer to putting the agency at the helm of crypto regulation. The designation would expand the CFTC’s mandate and pave the way for it to regulate digital assets such as cryptocurrencies and non-fungible tokens (NFTs). Mersinger made the comments this week at a Reuters Commodities...Read More
Digital banks keep dealing with a lot of painful regulatory measures and impediments when applying for their operating permits; however, in this case, the Bitcoin Bank Custodia decided to deal with that issue… in a court of law. On May 7, Caitlin Long’s Bitcoin Bank Custodia filed a lawsuit against the Federal Reserve Board of...Read More
Polygon USDC, a bridged version of the USDC hosted on Ethereum, will now be available for making remittances and withdrawals on Circle platforms. The latter is a peer-to-peer payments tech company and also the issuer of the stablecoin. Polygon, on the other hand, is Ethereum’s leading layer-two network. Last month’s statistics show it supports over...Read More
