Apple has issued a warning to the decentralized social networking company, Damus with expulsion from the App Store if it does not remove a feature that enables Bitcoin payments. Damus, which is based on top of a decentralized social media protocol Nostr, was developed as a Twitter alternative and is backed by Jack Dorsey. Since...Read More
European crypto exchange Lama announced the launch of its Visa cards, enabling users to spend their crypto assets anywhere and convert them to fiat instantly. According to a press release sent to CryptoPotato, the cards will benefit users in several ways, including a 2% bitcoin (BTC) cashback on all purchases for the highest plan. Lama...Read More
In a temporary respite for Sam Bankman-Fried, the disgraced founder of now-bankrupt cryptocurrency exchange FTX was able to block the addition of new charges in his United States indictment. The ruling comes as the former exec sought an opportunity to make arguments in the country to drop a few existing charges against him. The court...Read More
The cryptocurrency market is currently navigating through complex security law issues, causing price volatility for many digital assets. Ethereum (ETH), the second-largest cryptocurrency, is particularly affected. The situation has escalated with the recent revelation from the Hinman documents suggesting that Ether is not considered a security. This, combined with positive Consumer Price Index (CPI) data,...Read More
[PRESS RELEASE – Hong Kong, Hong Kong, June 14th, 2023] Open Exchange (OPNX) has officially added Celsius claims to its marketplace. OPNX will now accept claims from the Celsius bankruptcy proceedings through its verification and tokenization partner, Heimdall. Holders of a claim can have it turned into a tokenized asset, allowing it to be traded...Read More
[PRESS RELEASE – Virgin Islands, British, June 14th, 2023] StakeStone introduces a novel paradigm by minting the LSDb (Liquidity Staking derivatives basket) token, known as STONE, a powerful yield-bearing token with exciting possibilities. Compared to other LSTs, STONE is more compatible with underlying assets, making it a choice worth taking a good look at. Key...Read More
Binance CEO Changpeng Zhao (CZ) has taken to Twitter to quash rumors that his crypto exchange had been selling its crypto holdings, including BTC and BNB. The speculation had been rife on social media, with some asserting that the company was involved in significant sales of digital assets. However, Zhao debunked the rumors, saying Binance...Read More
The blockchain analytics provider – Santiment – revealed that bitcoin’s supply on cryptocurrency exchanges currently stands at 6.4%, which is the lowest level since February 2018. The rapid shift toward self-custody methods could be a result of the SEC’s legal actions against two of the leading crypto platforms – Binance and Coinbase. The Commission recently...Read More
[PRESS RELEASE – Geneva, Switzerland, June 14th, 2023] TRON unveiled its new mission, vision, and values at its annual internal conference last week. Founder Justin Sun delivered a speech outlining TRON’s ongoing commitment to honoring its original goals, to innovating with real-world solutions, and to empowering decentralized commerce and community for every person on the...Read More
When the SEC sued Binance on the 5th of June, it also requested a total freeze on all Binance.US assets, citing an alleged tendency to comingle customer funds and move them offshore. Granting this request would have not only been devastating to Binance’s operations – not to mention overkill, since the allegations had not been...Read More
The cryptocurrency market is known for its volatility, with prices fluctuating rapidly and creating challenges and opportunities for investors. Recently, Litecoin, one of the prominent cryptocurrencies, has faced hurdles as its price struggles to break past the $92 mark. However, amidst these challenges, a rising presale star is capturing the attention of investors – Tradecurve....Read More
On June 14, Coinbase chief legal officer Paul Grewal updated the situation on the SEC response to the company’s repeated calls for regulatory clarity. The watchdog, which has launched an outright attack on the industry this year, “repeated the fallacy that they haven’t made any decision on new crypto rules,” he reported from the filing....Read More
[PRESS RELEASE – Geneva, Switzerland, June 13th, 2023] Global digital asset market maker and multi-stage Web3 investment firm DWF Labs has announced its partnership with TRON, the leading blockchain network focused on the decentralization of the Internet via decentralized applications (dApps). As part of this partnership, DWF Labs has become a liquidity provider for TRON,...Read More
