Blockchain

Titan Fund, which is managed by CMCC Global, has closed its inaugural investment round on October 4, raising $100 million with the involvement of over 30 investors. Among the prominent investors are the blockchain startup Block.one, the Pacific Century Group, owned by...

Elliptic, a reputable blockchain analytics entity, shed light on the expanding realm of cross-chain crime. Their 2023 report, 'The State of Cross-chain Crime,' delineated that an alarming $7 billion of illicit or high-risk funds have been navigated through cross-chain...

Bard, Google's powerful artificial intelligence chat service, is going to be included into Google Assistant so that it can provide a wider variety of features. The news was shared on social media on October 4, 2023, by the Made by Google team, which served as the...

Stock Connect is a mutual market access programme that connects Mainland Chinese markets with Hong Kong markets. The most recent addition to Stock Connect is called HKEX Synapse. The platform intends to standardise and simplify post-trade operations, with the end goal...

The recent precipitous decline in long-term bonds has brought about a flurry of discussions among the investor and financial analyst communities, drawing notable parallels with some of the most infamous market downturns in history. Bonds with a maturity of 10 or more...

On October 5, 2023, a blockchain investigator by the name of ZachXBT stated that a single scammer had stolen 234 ETH, which is roughly comparable to $385,000, from four customers of Friend.tech over the course of a single day. A SIM-swap assault was carried out by the...

In the heart of New York City, where a culinary adventure awaits at every corner, a new endeavor is brewing that aims to redefine the dining experience for restaurateurs and patrons alike. This aspiration is embodied by Blackbird, a venture that is stepping into the...

According to official Twitter account, Immutable has set the stage for gaming on the Ethereum blockchain with its recently launched zkEVM Testnet, accentuated by the involvement of @0xPolygonLabs. The progress is underscored by over 50 games that have earmarked their...

Three weeks after a Polygon Improvement Proposal (PIP) detailed the specifications for POL, the contracts have been deployed on the Goerli testnet. This is a significant milestone towards the full implementation of Polygon 2.0. The deployment is the culmination of...

Cryptocurrency exchange FTX has issued a renewed public warning about phishing emails and scam sites that are designed to impersonate its Debtors' portal. The alert was disseminated via the company's official Twitter account on October 5, 2023. In the tweet, FTX...

Decentralized exchange platform dYdX has successfully undergone a full security audit of its Chain code, conducted by Informal Systems. The news was announced on dYdX's official Twitter account and later reposted by the company's founder, Antonio. The audit aimed to...

Yield Protocol Cessation The team behind Yield Protocol has announced the discontinuation of their service post a collective dialogue with relevant stakeholders. The March 2024 fixed rate series will not see a launch, as declared on their official channel dated 17...

Sygnum Singapore's announcement on 3rd October 2023 concerning its acquisition of a Major Payment Institution Licence (MPIL) from the Monetary Authority of Singapore (MAS) echoes a burgeoning narrative of regulatory evolution in the city-state's digital asset sector....

The global microfinance market has shown consistent growth prospects from 2014 to 2030, according to ResearchAndMarkets. The report focuses on lending activities by both banks and non-bank entities, targeting small enterprises, solo entrepreneurs, and...

Paul Grewal, the Chief Legal Officer of Coinbase, took to Twitter on October 4, 2023, to address the U.S. Securities and Exchange Commission's (SEC) recent filing against the company. The SEC has opposed Coinbase's motion to dismiss the case against it, a move that...

Binance has expanded its Monitoring Tag list to include Beta Finance (BETA), BarnBridge (BOND), Waltonchain (WTC), and NEM (XEM) as of October 4, 2023, according to Binance official blog. The Monitoring Tag serves as a risk indicator for tokens with elevated...

Ripple's Singapore subsidiary, Ripple Markets APAC Pte Ltd, has successfully secured its MPI license for digital payment tokens (DPTs) from the MAS. The license comes on the heels of the regulatory body's in-principle approval of Ripple's application in June 2023....

GSR Markets Pte. Ltd., the Singaporean subsidiary of global cryptocurrency trading firm GSR, has received In-Principle Approval for a Major Payment Institution licence from the Monetary Authority of Singapore (MAS). Announced on October 2, 2023, this regulatory...

Bitfarms, a Canadian Bitcoin mining firm listed on NASDAQ and TSX under the ticker BITF, reported mining 411 BTC in September 2023, a 7.3% increase from August 2023. The company sold 362 of the mined BTC, generating total proceeds of $9.5 million. The remaining BTC...

Binance has recently come into collaboration with the Royal Thai Police to aid in the disbanding of major crypto fraudulent networks in Thailand, according to Binance official blog. Through two significant operations, the collaborative efforts have led to the arrest...

On October 2, 2023, plaintiff Nir Lahav filed a class-action lawsuit in the District Court of Northern California against Binance Holdings Limited, BAM Trading Services Inc., BAM Management US Holdings Inc., and CEO Changpeng Zhao. The lawsuit accuses Binance and Zhao...

In a fiery discourse on Twitter between 1st and 2nd October 2023, Anatoly Yakovenko, co-founder of Solana Labs, robustly defended the accessibility and inclusivity of the Solana network, engaging in a series of tweets that delved into the philosophies underpinning...

On the morning of October 4, 2023, a significant legal event will unfold as Judge Kaplan begins the criminal trial against Sam Bankman-Fried (SBF), a name that has become synonymous with the crypto exchange FTX. The anticipation surrounding the trial has caught the...

On October 2, 2023, NYSE Arca and Grayscale Investments took a significant step in the regulated crypto investment landscape by filing Form 19b-4 with the SEC. The aim is to convert Grayscale Ethereum Trust (OTCQX: ETHE) into a spot Ethereum ETF. "As we file to...

Uniswap's V3 contracts have found a new home on the Moonbeam Network, a leading destination for multi-chain applications on Polkadot. With over $3 billion in Total Value Locked (TVL), Uniswap is a giant in the decentralized exchange (DEX) sphere. This integration, a...

A recent working paper by the International Monetary Fund (IMF) titled "Assessing Macrofinancial Risks from Crypto Assets" has shed light on the complexities and potential risks in the rapidly growing crypto sector. The paper serves as a comprehensive guide for...

Eastern Asia has seen its cryptocurrency market dynamics shift significantly, with a notable decline in crypto activity over recent years, primarily attributed to China's restrictive stance. However, a wind of change may be blowing from Hong Kong, as the region...

On September 29, 2023, Google Cloud made a significant move by joining Polygon's Proof of Stake (PoS) network as a validator. The development was confirmed by both Polygon Labs and Google Cloud Singapore through their respective Twitter accounts. Google Cloud will...

To further its efforts in the field of artificial intelligence (AI), software giant Microsoft is venturing into the potentially dangerous world of nuclear power. The IT giant has signalled a strategic effort to establish an energy strategy based on Small Modular...

On September 29, 2023, Paradigm filed an amicus brief in the ongoing lawsuit between the U.S. Securities and Exchange Commission (SEC) and Binance, a leading cryptocurrency exchange. Paradigm is not an investor in Binance and has no direct financial interest in the...

In an effort to enhance transparency and bolster the trust of its customers, FTX Japan has unveiled a blockchain-based technology known as Proof of Solvency (PoS). This initiative was announced by Seth Melamed, the COO of FTX Japan, through a series of tweets on...

Ethereum has marked a commendable 22% upsurge in its value as of September 2023, surpassing many substantial smart contract blockchains, according to Will Ogden Moore's article on Grayscale blog. The escalation is significantly credited to the advent of Layer 2...

Top-performing Ethereum Layer 2 solutions like Arbitrum, Optimism, and BASE have outpaced prominent Ethereum competitor Layer 1 blockchains such as Solana and Avalanche in terms of total value locked (TVL) as of September 25, 2023, according to Grayscale. This shift...

The National Bank of Georgia (NBG) is propelling forward with its Central Bank Digital Currency (CBDC) venture, dubbed the Digital GEL Pilot Project. The bank is now in the phase of scouting for a singular technology ally to facilitate the Limited Access Live Pilot...

Friend.tech, a decentralized social media platform operating on Base's Ethereum layer-2 chain, has been a significant contributor to Base's recent growth. Base is a secure, low-cost, builder-friendly Ethereum layer-2 chain designed by Coinbase to bring the next...

VanEck, a notable investment management firm, has committed to donating 10% of the profits from its Ethereum Strategy ETF (EFUT) to Protocol Guild for a minimum duration of ten years. This declaration came ahead of the anticipated launch of the ETF, symbolized as...

Coinbase Singapore announced on October 1, 2023, that it has obtained a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS). This license follows the company's initial "In Principle Approval" and signifies Coinbase's commitment to...

Christen Ager-Hanssen, the Group CEO of blockchain technology company nChain, has announced his resignation, effective immediately. Ager-Hanssen took to social media on September 30, 2023, to detail the reasons behind his departure, highlighting a series of serious...

According to a press release on September 29, 2023, the alternative investments management company Alpaca of New York presented its Alpaca Real Estate (ARE) private equity real estate platform to the public for the first time. The platform's first foray into the real...

On September 29, 2023, OpenTrade, a notable platform bridging traditional financial markets with digital asset realms, declared a strategic collaboration with WOO X, enabling its user base to tap into tokenized Treasury Bills (T-Bills) and avail USDC-collateralized...

In a recent legal document filed, attorneys for the former CEO of cryptocurrency exchange FTX, Samuel Bankman-Fried, have raised objections regarding the proposed jury questions for the upcoming fraud trial. The document asserts that the government's proposed jury...

On September 29, 2023, the Securities and Exchange Commission (SEC) announced legal charges against the international accounting firm Prager Metis CPAs, LLC and its Californian counterpart, Prager Metis CPAs LLP (jointly referred to as Prager), for alleged violations...

Amidst an imminent government shutdown due to Congress's stalled federal appropriations bill for the fiscal year beginning October 1, 2023, the financial sector holds its breath. The potential shutdown's ripple effects are poised to stretch beyond traditional markets,...

On September 28, 2023, the DFINITY Foundation, a non-profit R&D entity and a significant player in the Internet Computer Protocol (ICP) blockchain sphere, launched the ICP Asia Alliance and initiated a $20 million grant fund to bolster blockchain and AI endeavors...

Circle has initiated 'Circle Research', a new venture aimed at propelling technical advancements in the realms of cryptocurrency, blockchain, and Web3 through open-source investigation. The launching of Circle Research is seen as a step forward in hastening and...

In July, according to EmberCN, when Worldcoin (WLD) launched, it lent a collective sum of 100 million WLD to five market makers to enhance liquidity. According to the terms, these market makers must either return the coins or buy them at a price ranging between $2 to...

Blockchain analytics firm Spot On Chain reported a significant movement in a crypto wallet associated with the historic FTX hack on September 30, 2023. The wallet, labeled 0x3e957, transferred 2,500 ETH (approx. $4.2 million) amidst the anticipation surrounding the...

Brazil initiates the use of blockchain technology in issuing the National Identity Card (CIN), enhancing the security of the new identity issuance process. The shared registration platform, developed by Serpro, facilitates secure data sharing between the Federal...

Ethereum's co-founder, Vitalik Buterin, in a blog post dated September 30, 2023, delved into the ongoing discourse around protocol enhancements concerning Layer 1 (L1) and Layer 2 (L2) solutions. Initially, Ethereum was driven by a minimalistic approach, focusing on a...

Traditional financial institutions have arrived at a critical crossroads in the course of their digital transformation. They have built up a level of consumer trust that is on par with that of their digital-first rivals. As of the 28th of September in the year 2023,...

The Securities and Exchange Commission (SEC) of the United States has recently announced the postponement of its decision regarding several proposals for spot Bitcoin exchange-traded funds (ETFs). This decision impacts applications from well-known entities such as...

VanEck, a renowned player in the financial markets, has unveiled its plans to launch the VanEck Ethereum Strategy ETF (EFUT). This actively managed exchange-traded fund is strategically designed to target capital appreciation through investments in Ethereum (ETH)...

Key Takeaways * Hong Kong Security Chief Chris Tang Ping-keung vows to hunt down ringleaders of JPEX, a crypto platform involved in the city's largest alleged financial fraud. * Police have arrested 15 individuals and seized assets worth HK$85 million ($10.8 million),...

Key Takeaways * Marathon Digital Holdings confirmed mining an invalid Bitcoin block due to an internal bug during an experiment. * The mishap occurred on Sept 26, stressing Bitcoin's robust network security that rectified the anomaly.   Marathon Digital Holdings...

Key Takeaways * The U.S. Securities and Exchange Commission (SEC) extends the review period for the ARK 21Shares Bitcoin ETF proposal till January 10, 2024. * The delay follows the regulator's previous postponement, pushing the decision 240 days post the initial...

Key Takeaways * Neara clinches $24M in Series B funding, taking the total to $24M with a $10M extension led by Prosus Ventures on September 27, 2023. * The infusion will bolster Neara's AI-driven infrastructure modeling platform advancing natural disaster mitigation...

Key Takeaways * Brian Armstrong condemns Chase UK's decision to restrict crypto-related transactions * The move prompts dialogue with UK officials regarding the country's crypto policy * The ban poses challenges for Coinbase's expansion ambitions in the UK   Brian...

Key Takeaways * OpenAI introduces web browsing capabilities for ChatGPT on September 27, 2023. * The feature is immediately available for Plus and Enterprise users. * OpenAI aims to address the existing knowledge gap in ChatGPT with this update.   OpenAI, an...

Key Takeaways * CZ, Binance's CEO, provides clarifications on Binance's association with CommEX. * Cryptocurrency transfers between the platforms are in progress. * Binance's broader compliance strategy leads to its Russian operations' sale to CommEX. CZ's...

Key Takeaways * Paysafe Payment Solutions Limited discontinues EUR deposits for Binance users. * Affected users have until October 31, 2023, to convert EUR balances to USDT. * Multiple Binance services, including Spot Trading and Auto-Invest, impacted.   Paysafe...

Metis, a Layer 2 network built on Ethereum, announced a significant proposal on September 27, 2023. The proposal aims to migrate its data availability mechanism back to the Ethereum mainnet by switching from its current off-chain storage layer to its original...

Key Takeaways * By 2028, only 9% of all payments are expected to be made in physical currency. * Central Bank Digital Currencies (CBDCs) are under development, but their design raises questions about privacy and personal freedom. * Critics argue that digital payment...

Key Takeaways Paradigm's recent article discusses the growing adoption and potential of cryptocurrency. Matt Huang, co-founder of Paradigm, uses the metaphor of a "new planet" to describe the crypto landscape. Crypto KOL Splin Teron offers an analysis of Paradigm's...

Key Takeaways Gemini plans to invest INR 200 crore ($24 million USD) in India over the next two years. The investment aims to grow Gemini's development center in Gurgaon, focusing on core platform fundamentals. India's robust startup ecosystem and...

Key Takeaways Christina Choi, Executive Director of Investment Products at the Securities and Futures Commission (SFC), spoke at the Bloomberg Buy-Side Forum Hong Kong 2023. Choi emphasized the role of technology, particularly AI and blockchain, in...

Key Takeaways Binance to sell its entire Russia business to CommEX Off-boarding process for existing Russian users to take up to one year Binance cites compliance strategy as the reason for exit Binance, the world's largest cryptocurrency...

Key Takeaways Pablo Renato Rodriguez, co-founder of AirBit Club, sentenced to 12 years in prison. Rodriguez and co-defendants ordered to forfeit approximately $100 million in assets. Co-defendants await sentencing; previous involvement in pyramid...

Key Takeaways Taiwan's leading crypto exchanges form an industry association ahead of new regulations. The association aims to facilitate dialogue with regulators and integrate the crypto industry. Nine exchanges are currently part of the preparatory...

Key Takeaways Web3 security losses in Q3 2023 escalate to $889.26M. North Korean APT group Lazarus emerges as a significant threat, responsible for over $208M in thefts. Ethereum remains the most targeted blockchain, with losses totaling $227M. Alarming Surge in Q3...

Key Takeaways Taiwan's Financial Supervisory Commission (FSC) releases new guidelines for Virtual Asset Service Providers (VASPs). Foreign VASPs are prohibited from operating in Taiwan without proper registration. The guidelines were released on...

  Key Takeaways He Yi's public letter provides insights into Binance's stringent compliance measures like KYC, EDD, WCK, and POA. Binance is under investigation by the U.S. Department of Justice's national security division as of May 6, 2023, adding to a...

Key Takeaways Mixin Network was hacked, resulting in a loss of $200 million in user assets. The company has left a message for the hacker, offering a $20M bug bounty for the return of the assets. The transaction was confirmed on block 18225451, with a...

The Promise and Challenges of Tokenization Tokenization, the process of converting real-world assets into digital tokens on a blockchain, is poised to revolutionize the financial industry, according to R3. It promises benefits such as access to new markets, product...

Key Takeaways JCBA (Japan Cryptocurrency Business Association) submits initial proposal for IEO (Initial Exchange Offering) regulatory reform to JVCEA (Japan Virtual Currency Exchange Association). The proposal outlines four key agendas aimed at stabilizing the IEO...

Key Takeaways Citcon announces a strategic partnership with Cash App Pay and Afterpay. The collaboration aims to provide e-commerce businesses with a range of payment options. Merchants can integrate these payment methods with minimal effort and benefit from a...

Key Takeaways MicroStrategy purchases 5,445 more Bitcoins for approximately $147.3 million. The company now holds a total of 158,245 Bitcoins, acquired at an average price of $29,582 per Bitcoin. The acquisition comes amid a period of relative price stability for...

Key Takeaways Amazon to invest up to $4 billion in Anthropic. Anthropic gains access to AWS Trainium and Inferentia chips. Amazon acquires a minority stake in Anthropic; governance remains unchanged. Collaboration aims to advance AI safety and research. Strategic...

Key Takeaways Samuel Bankman-Fried's legal team has submitted a letter to Judge Lewis A. Kaplan, requesting temporary release for their client. The request is based on the need for adequate preparation for the upcoming trial, citing the case's complexity. The letter...

Key Takeaways SEC files limited objection against Celsius Network's restructuring plan. Concerns raised over the company's proposed engagement with Coinbase. SEC's ongoing lawsuit against Coinbase cited as complicating factor. Next bankruptcy court hearing scheduled...

Key Takeaways Solana has recovered from a 93% market capitalization drop in 2022, showing a resurgence of ~111% year-to-date. Priority fees and network upgrades have improved Solana's uptime to 100% in 2023. The ecosystem is diversifying with new use-cases like...

Key Takeaways Hong Kong's Securities and Futures Commission (SFC) has provided details on its investigation into the unlicensed virtual asset trading platform JPEX. Over 2,000 people have reported being defrauded by JPEX, involving more than HKD 1.4 billion. SFC CEO...

Key Takeaways BNB Chain and MetaMask have resolved a glitch that made opBNB's gas fees appear unusually high. The issue was due to MetaMask's default minimum recommendation price for gas, which was not aligned with opBNB's lower gas fees. The corrected algorithm now...

Key Takeaways South Korean lawmaker Yoon Chang-hyun proposes an amendment to scrutinize the criminal records of major shareholders in crypto businesses. The Financial Intelligence Unit (FIU) is also focusing on the eligibility of major shareholders. The amendment aims...

Key Takeaways Crypto.com mistakenly transferred $10.5 million AUD to Thevamanogari Manivel's bank account in May 2021. The error was discovered in December 2021 during an annual audit. Manivel has been sentenced to an 18-month community corrections order, while her...

Key Takeaways Alipay, the Official Prestige Partner of the Hangzhou Asian Games, enabled over 100 million digital torchbearers to participate in the first-ever digital cauldron lighting. The digital torchbearer program was part of the Smart Hangzhou 2022 platform....

Key Takeaways Internal investigation by Cyvers Alerts reveals suspicious transactions involving Mixin Network hacker addresses. Two hacker addresses received 51 ETH from an account that interacted with Huobi Global and Binance. Calls for Huobi Global, Binance, and CZ...

We leveraged our partner's ChatGPT and AI machine learning technologies to predict Solana's future, identifying potential trends for its native SOL token. At present, SOL is trading at less than a tenth of its all-time high of $260, suggesting it may be both oversold...

Key Takeaways Total security incidents reported: 7 Estimated financial loss: Approximately $380,600 Notable trend: Increase in phishing attacks and rug pull tactics New attack methods: DNS hijacking, contract vulnerability, and phishing attempts Breakdown of Incidents...

Key Takeaways Mixin Network's cloud service provider database was attacked on September 23, 2023, resulting in a loss of approximately $200 million. Blockchain security firm SlowMist is assisting in the ongoing investigation. Deposit and withdrawal services on Mixin...

Introduction ChatPDF is a specialized platform that utilizes ChatGPT technology to offer advanced PDF processing capabilities. Aimed at a diverse user base including students, researchers, and professionals, the service is engineered to summarize PDF content and...

ChatGPT, an AI model developed by OpenAI, has recently offered insights into the likelihood of Ripple's XRP reaching the $1 milestone in 2023, with our prompts. While the analysis is data-driven, it's important to clarify that these are not financial recommendations....

Key Takeaways Rollbit announces the closure of Degen EXchange and sister site Rollbot.com. The decision is attributed to "regulatory uncertainty and low adoption." $RLB functionality remains unaffected; the core product and NFT collections will continue. Regulatory...

Key Takeaways JPEX, a virtual asset trading platform, has initiated a DAO stakeholder dividend scheme. 70% of participating users have reportedly agreed to the scheme. Lawmaker Huang Junshuo warns that converting from creditors to shareholders could entail debt risks....

Key Takeaways Andrei Grachev, head of DWF Labs, and Cristian Gil of GSR.io engage in a public Twitter feud. The exchange has led to discussions about the state of the crypto market and the role of market makers. A Twitter user suggests a "Crypto Fight Night" where the...

Key Takeaways According to Messari's report, Fantom is a Layer-1 blockchain with smart contract capabilities, focusing on DeFi, NFTs, and gaming. The network uses an aBFT consensus mechanism and an EVM-compatible state machine. Despite market downtrends, Fantom has...

Key Takeaways BTC implied volatility often decreases after weekly expirations. Samneet Chepal, a crypto derivatives quant trader, observed that 80% of the time, implied volatility (IV) drops 24 hours after Friday's 8 AM UTC expiry. The 'weekend effect' contributes to...

Key Takeaways The U.S. Securities and Exchange Commission (SEC) has filed a motion against Terraform Labs PTE LTD. and Do Hyeong Kwon. The SEC is seeking permission to notice Do Hyeong Kwon's deposition or, alternatively, to preclude the defendants from using a...

Key Takeaways CZ, the CEO of Binance, tweets about the unpredictable nature of markets. The tweet is adapted from a quote by Eleanor Roosevelt. The tweet garners significant attention, with over 355.8K views. Contextualizing Market Unpredictability Changpeng Zhao,...

Key Takeaways The Customer Claims Portal has been updated to provide more transparency on derivative positions. The initial and amended customer claims schedules filed on March 15, 2023, and June 27, 2023, respectively, differ in how they handle open derivative...

Key ETF Dates Stir Volatility Expectations in Options Market The options market is signaling potential significant price movements in bitcoin around crucial ETF dates, according to NYDIG weekly report. The forward volatility of at-the-money (ATM) options from October...

Despite public reassurances about the robustness of the U.S. economy, the Federal Reserve is preparing to downsize its workforce, according to Reuters. The central bank has confirmed plans to eliminate approximately 300 positions by the end of this year. This decision...

NCR Corporation (NYSE: NCR) has disclosed further details concerning its previously announced separation of its ATM-focused businesses, including Self-Service Banking, Payments & Network, and Telecommunications and Technology sectors. The separation will involve...

The U.S. Securities and Exchange Commission (SEC) has announced settled charges against broker-dealer Citadel Securities LLC for non-compliance with Regulation SHO, a framework aimed at curbing abusive short selling practices. The regulation mandates broker-dealers to...

Polygon Labs has officially proposed a technical upgrade for Celo, suggesting its transition from an independent EVM-compatible L1 to an Ethereum L2. This proposal was made public on September 21, just 9 hours after its initial announcement by SandeepN. The Proposal...

OpenAI has initiated an open call for its Red Teaming Network, seeking domain experts to enhance the safety measures of its AI models. The organization aims to collaborate with professionals from diverse fields to meticulously evaluate and "red team" its AI systems....

On September 21, 2023, Ethereum's All Core Developers Consensus (ACDC) call #118 was held, as detailed in a write-up by Christine Kim from the Galaxy Research Team. The bi-weekly ACDC calls, chaired by Ethereum Foundation Researcher Danny Ryan, are pivotal for...

At the World Digital Mining Summit, Core Scientific, Inc. (OTC: CORZQ), a North American leader in blockchain computing data centers and software solutions, disclosed a significant investment from Bitmain, the globally recognized manufacturer of digital currency...

Coinbase's Blockchain Security Team recently identified a significant shift in the Zcash network's hash power distribution. A single mining pool, ViaBTC, was found to control over 51% of the network's computational power, raising concerns about potential security...

EJF Capital LLC, a global alternative asset management firm based in Arlington, Virginia, has successfully closed its EJF Ventures Fund LP with capital commitments amounting to approximately $104 million. The fund garnered support from both new and returning...

In the rapidly evolving world of blockchain and decentralized applications, Agoric stands out as a beacon for developers looking to transition from Web2 to Web3. But what exactly is Agoric, and why is it making waves in the developer community? In this exclusive...

As the world of finance undergoes rapid digital transformation, the introduction of novel payment methods, including cryptocurrency and the much-anticipated Central Bank Digital Currencies (CBDC), is reshaping the industry. Prakash Pattni, in his recent analysis,...

The latest report on the UK's economic forecast for 2023 reveals several pivotal shifts in the nation's financial landscape. Here's what you need to know: GDP Growth The UK's projected GDP growth for 2023 has been adjusted downwards to 2.8%, a dip from the previously...

Definition "NGMI" is an acronym that stands for "Not Gonna Make It." Predominantly used within the cryptocurrency and blockchain communities, it refers to individuals, projects, or decisions perceived as unlikely to succeed, often due to hasty or uninformed choices....

Crypto exchange OKX has entered into a partnership with Solana Mobile. This alliance will see the OKX app becoming a part of the dApp store on the Solana Saga smartphone. With this integration, the OKX app is among the early exchange applications available on the...

WisdomTree, Inc. (NYSE: WT), a prominent global financial entity, has declared its intention to close and liquidate five of its ETFs. The ETFs in question will cease accepting creation orders after October 20, 2023, marking the same day as their final trading day on...

The global cryptocurrency exchange platform market is poised for substantial growth, with projections indicating a rise from $45 billion in 2023 to $110.12 billion by 2028. This represents a Compound Annual Growth Rate (CAGR) of 16.08% over the period from 2022 to...

Key Takeaways An anticipated surge in cross-border payments, with the value set to rise from nearly $150 trillion in 2017 to over $250 trillion by 2027, marking an increase of over $100 trillion within a decade. The Bank of England's estimation aligns with this...

Coinbase Global, Inc. has announced the conclusion of its cash tender offer for its 3.625% Senior Notes due 2031. The offer, which aimed to purchase up to $180.0 million of the notes, excluding accrued and unpaid interest, expired at 11:59 p.m., New York City time, on...

Recharge Capital, a prominent $6B thematic-first private investment firm, has announced the appointment of Margaret Wang, previously the Executive Director and Head of Bridgewater Associates Singapore, as its new Managing Partner. Wang's primary focus will be on...

Citi Treasury and Trade Solutions (TTS) has launched its new digital asset service, Citi Token Services, aimed at enhancing cash management and trade finance for institutional clients. This innovative service leverages blockchain and smart contract technologies,...

On September 19, 2023, Optimism, a Ethereum Layer 2 solution, unveiled details of its third airdrop, termed "OP Airdrop #3" on Twitter. The announcement confirmed the allocation of 19 million OP tokens to 31,870 distinct addresses. This move is an effort to...

Unchained, a prominent financial service provider for bitcoin holders, has unveiled a strategic partnership with Build Asset Management, the sponsor of Build Secured Income Fund I. This collaboration is set to focus on investments in Unchained loans. Joe Kelly,...

Binance has rolled out a new referral scheme targeting users in the Africa region. The promotion, which runs from September 18, 2023, 11:00 (UTC) to October 2, 2023, 11:59 (UTC), offers participants a chance to share a total reward pool of 17,500 USDT in token...

Aptos Network announced the release of its new plugin, the "Aptos Move Analyzer," for Microsoft Visual Studio Code (VS Code) on 16th September 2023. This plugin aims to enhance the development experience for users of the Move programming language. The Aptos Move...

Global consumer internet group Prosus (AEX and JSE Share Code: PRX) and its majority owner, Naspers Limited (JSE: NPN), have announced a significant change in their executive leadership. Bob van Dijk, who has been at the forefront as the CEO and Board member of both...

PolkaWorld, the Chinese community for Polkadot, recently announced a halt in its operations due to the rejection of its proposal. This marks the first time in its four-year history, since its inception in 2019, that it has had to pause. The changes leading to this...

Introduction Forefront AI is a software platform that acts as a service aggregator, primarily integrating advanced natural language processing (NLP) capabilities from ChatGPT and Claude. The platform enhances these foundational services by adding unique features,...

In a recent update from Paolo Ardoino, the Chief Technology Officer of Tether, it was revealed that Tether is in the testing phase of its new Bitcoin mining platform named Moria. The announcement, made via Ardoino's official Twitter handle on [Date], highlighted the...

Magic Eden, a leading figure in the NFT marketplace, has unveiled its integration of cNFTs, a pioneering form of NFTs that are exclusive to the Solana blockchain. The term "cNFT" is an abbreviation for "compressed NFTs", underscoring their unique capability to be...

What is AI Nude Generator? An AI nude generator is a sophisticated software application that utilizes artificial intelligence, specifically deep learning models, to digitally "undress" images of individuals. By processing input images, these generators can simulate a...

The global EY organization has officially announced the launch of EY.ai, a comprehensive platform designed to facilitate the confident and responsible integration of artificial intelligence (AI) into businesses. This initiative is the result of an 18-month development...

Introduction The CFG Scale, standing for Classifier-Free Guidance Scale, is a pivotal parameter within the Stable Diffusion model. It dictates how closely the generated image mirrors a user's prompt or input image. This tool acts as a fulcrum, enabling users to find...

Core Scientific, Inc. (OTC: CORZQ), a prominent player in blockchain computing data centers and software solutions, has entered into an agreement with Celsius Mining LLC, a Bitcoin mining subsidiary of Celsius Network. The deal involves the sale of Core Scientific's...

In a recent move to diversify funding methods for startups, the Japanese government has announced regulatory relaxations allowing startups to raise capital through cryptocurrencies, according to Nikkei. This decision comes as part of Japan's efforts to catch up with...

In a recent tweet, Antonio Juliano, the founder of dYdX, shared his vision for the future of decentralized finance (DeFi) derivatives. Antonio stated, dYdX will lead the growth of DeFi derivatives towards the next 100x. We don’t plan to branch out to other...

In a tweet that recently caught the public's eye, Binance's founder, CZ, provided insights into the leadership changes at Binance US. He verified that Brian Shroder, who led Binance US for the last two years, is taking a break. CZ highlighted Shroder's instrumental...

The rise of artificial intelligence has brought forth a myriad of tools and platforms, one of which is Character AI. According to a16z, CharacterAI is ranked 2nd in the top 50 GenAI web products, trailing only ChatGPT. It's a prominent companion platform to ChatGPT,...

In a recent tweet, Changpeng Zhao (CZ), the CEO of Binance, highlighted the vulnerability of even the most seasoned crypto users, referencing the recent incident where entrepreneur Mark Cuban confirmed he was hacked for $870,000 on MetaMask. CZ emphasized the...

In a recent development, BNB Chain has taken a proactive step to combat the increasing threats posed by malicious entities in the Web3 space. On September 14, 2023, the organization announced the launch of a verification tool designed to help users identify and...

       My Neighbor Alice announces the relaunch of Alpha Season 3 to simplify players' access to the game and NFTs.   STOCKHOLM-– SEPTEMBER 14, 2023 – My Neighbor Alice, the leading blockchain gaming and NFT company, announces the integration of Venly. This...

Citi Securities Services announced its pioneering role as the first digital custodian participant on the BondbloX Bond Exchange (BBX). BBX, which was introduced in 2020, is recognized as the world's inaugural fractional bond exchange utilizing advanced distributed...

In an era marked by economic disruptions and cyber threats, global banking and financial services (BFS) firms are increasingly leaning on technology. Their goal? To bolster customer experience and navigate the tumultuous landscape, as outlined in a comprehensive...

Introduction Unstable Diffusion stands out as the NSFW (Not Safe For Work) counterpart to Stable Diffusion, offering an unrestricted avenue for generating images from text prompts. Comparable to platforms like ChatGPT NSFW and the hypothetical DAN (Do Anything Now)...

Generative AI (GenAI) has been making waves in the consumer space, with ChatGPT leading the charge. Nine months post its release, ChatGPT became the fastest consumer application to achieve 100 million monthly active users. But how are consumers engaging with other...

Circle Internet Financial (Circle), a global fintech firm, is joining forces with Grab, Southeast Asia's leading super app, to pilot Web3 customer experiences in Singapore. This collaboration will see the integration of Circle's new Web 3 Services platform directly...

The U.S. Securities and Exchange Commission (SEC) has taken action against Stoner Cats 2 LLC (SC2), accusing the firm of conducting an unregistered crypto asset securities offering. The offering, which took place in the form of non-fungible tokens (NFTs), was intended...

Alicia Kao, the Managing Director of KuCoin, recently participated in the TOKEN2049 panel, shedding light on the evolving challenges and prospects that cryptocurrency exchanges are likely to encounter. During the discussion, Kao underscored the significance of...

Commissioners Hester M. Peirce and Mark T. Uyeda of the Securities and Exchange Commission (SEC) have expressed their dissent regarding the Commission's recent enforcement action on Stoner Cats 2, LLC's non-fungible token (NFT) settlement. This marks the second time...

Crypto Exchange Binance has announced updates to its Fiat Liquidity Provider Program, slated to come into effect from 25th September 2023 at 00:00 (UTC). The newly introduced changes emphasize a shift in the program's review mechanism and incentives offered to...

Central and Southern Asia are emerging as dominant regions in the global grassroots adoption of cryptocurrencies, according to the 2023 Chainalysis Global Crypto Adoption Index released on September 12. Chainalysis, in its fourth annual Global Crypto Adoption Index,...

Cosmos (ATOM) Hub, an integral blockchain within the Cosmos Network, announced the successful completion of its v12 upgrade. The update introduces the Liquid Staking Module (LSM) that allows ATOM token holders to bypass the previously mandated 21-day unbonding period...

According to official blog of Polygon Labs, Ethereum's scaling problem isn't a new conundrum, with its history being almost as ancient as Ethereum itself. What makes Ethereum uniquely robust is its steady evolution, ensuring the chain's safety and decentralization....

The highly anticipated opBNB Mainnet has gone live on September 13, 2023. Founded on the pillars of scalability, security, and cheaper transaction fees, opBNB's inauguration is poised to bring another one billion users into the realm of Web3. opBNB is distinguished as...

Key Takeaways Galaxy Asset Management winning the bid. The court-approved sale of FTX's crypto assets. The capped sale of $50 million per week. Jeff Dorman, CFA and CIO of Arca, shares updates regarding the court-approved sale of FTX's crypto assets. Contrary to...

Coinbase has announced a significant move that could revolutionize Bitcoin transactions. CEO Brian Armstrong took to Twitter to reveal that Coinbase plans to incorporate the Lightning Network (LN), a secondary payment layer aimed at boosting Bitcoin's transaction...

On September 13, 2023, Coinbase Exchange affirmed its decision to suspend 41 non-USD trading pairs. The list encompasses the following: ALCX-USDT, BIT-USDT, BOBA-USDT, BOND-USDT, CLV-EUR, CLV-USDT CTX-EUR, CTX-USDT, DDX-USDT, DIA-EUR, DIA-USDT, DYP-USDT FARM-USDT,...

Public blockchain provider, Chia Network, Inc. (“Chia”), known for its commitment to real-world adoption, announced the election of Noor Menai to its Board of Directors effective from today's date. Background on Noor Menai With an illustrious career spanning over 30...

According to the U.S. Department of Justice (DOJ), Karl Sebastian Greenwood, co-founder of the infamous OneCoin cryptocurrency scheme, has been sentenced to 20 years in prison. The decision was handed down by U.S. District Judge Edgardo Ramos, following Greenwood's...

Swift, the world's leading provider of secure financial messaging services, has announced the beta testing of its innovative Central Bank Digital Currency (CBDC) interoperability solution. This move comes as part of Swift's ongoing efforts to bridge the gap between...

Staffing and Executive Changes Binance.US, the American subsidiary of the global cryptocurrency exchange, has recently undergone significant staffing changes. The company confirmed the departure of its president and CEO, Brian Shroder, who had joined the firm in...

Zodia Custody, a leading digital asset custodian backed by shareholders such as Standard Chartered, SBI Holdings, and Northern Trust, has announced a strategic alliance with Parity Technologies, a software development company passionate about building an inclusive...

Ankr has revealed plans to augment its RPC service by integrating with the Sei blockchain. This development aims to facilitate developers keen on leveraging the Sei platform for the creation of swift and scalable decentralized applications (dApps). The integration...

Arthur Hayes, BitMEX's ex-CEO, recently Suggested that a rate cut by the Federal Reserve could propel Bitcoin to the $70,000 mark, simultaneously rejuvenating the US banking sector. This assertion adds another layer to the ongoing debate among investors about the...

Solidus Labs, a leading entity in crypto-native trade surveillance and risk monitoring, has recently unveiled that a minimum of $2 billion worth of cryptocurrency has been wash-traded on Ethereum-based decentralized exchanges (DEXs) since 2020. This revelation is part...

New York-based game development studio, Pahdo Labs, has successfully raised $15M in a Series A financing round, according to its official blog. The round was spearheaded by Andreessen Horowitz (a16z) and saw participation from Pear VC, BoxGroup, Long Journey Ventures,...

Pepe coin is displaying potential signs of resurgence, after a tumultuous period characterized by an over 80% drop in value and scandals involving insider trading and scams linked to its founder. Technical indicators across different time frames hint at a possible...

The Hong Kong Monetary Authority (HKMA) has joined forces with the Bank of Israel (BOI) and the Bank for International Settlements Innovation Hub (BISIH) Hong Kong Centre to release a joint report on "Project Sela – An accessible and secure retail CBDC ecosystem". The...

Common Ethereum Layer 2 projects include Optimism, Arbitrum and zkSync. Tokens from some of these projects, such as ARB (Arbitrum) and OP (Optimism), have been available for trading. This article aims to explain the concept of Layer 2 in straightforward terms. As...

In today's press release from the White House, the Biden-Harris Administration announced that it has secured voluntary commitments from eight more artificial intelligence (AI) companies to manage the risks associated with AI. This move builds upon the commitments from...

WOOFi, a leading decentralized exchange platform owned by Woo Network, has announced its strategic shift from the NEAR Protocol to Ethereum Virtual Machine (EVM) compatible networks. This transition is aimed at the development of its version 2.0 omnichain DEX. WOOFi's...

Lucie, a core member of the SHIB Inu (SHIB) team, took to Twitter today to provide an overview of the forthcoming developments for the SHIB Inu ecosystem. The tweet has already garnered significant attention with over 4,000 views in a short span. Lucie listed the...

Eureka Entertainment Ltd., led by CEO Takuya Tsuji, has officially declared a collaboration with Stake Technologies Pte. Ltd., under the leadership of CEO Sota Watanabe. The partnership aims to further the development of the blockchain game "CoinMusme." A significant...

As the federal government grapples with establishing clear guidelines for digital assets, Texas emerges as a potential frontrunner in the crypto regulatory landscape. Today marks the launch of the Crypto Freedom Alliance of Texas, an entity committed to advocating for...

Sunil, recognized as the FTX Creditor Champion and a leading FTX Creditor Activist, has meticulously unveiled the digital asset holdings and customer claims associated with FTX. This includes its prominent entities FTX.com, FTX.US, and Alameda. As of August 24,...

Antonio, the founder of decentralized exchange dYdX, clarified the platform's stance on token inflation in a series of tweets today. He stated, There are no plans for additional token inflation to compensate validators on the dYdX Chain. He further...

OKX, in collaboration with Polygon, an Ethereum scaling and infrastructure development entity, unveiled the seventh iteration of Cryptopedia. Cryptopedia, OKX's platform, is tailored to facilitate crypto-centric education with an earning component, according to press...

BitTrade, a registered cryptocurrency exchange in Japan, announced today that it will commence the handling of EOS, a cryptocurrency used within the decentralized application platform, starting from September 13, 2023, at 15:00 JST. This marks the first-ever domestic...

Key Takeaways Animoca Brands raises US$20 million in a funding round led by CMCC Global. Funds to be used for the Mocaverse project, focusing on Web3-native tooling for gaming, culture, and entertainment. Mocaverse to introduce Moca ID, a unique...

In the cypto world, the actions of significant players, often referred to as 'whales', can provide valuable insights into market sentiment. Just 8 hours ago, a notable crypto whale made a significant move by exchanging a large portion of their Ethereum holdings for...

Data from Token Unlocks indicates that six cryptocurrency projects are set to release a significant number of tokens this week. Among these, ApeCoin (APE) and Aptos (APT) are poised for substantial unlocks. On September 11 at 08:00 (UTC), Moonbeam will release 9.7...

Decentrallized Exchange Sushi has announced its expansion to Aptos. Currently, SushiSwap is deployed on Ethereum, BNB Chain, Fantom, Arbitrum, and Polygon (MATIC). This move is noteworthy as it represents Sushi's inaugural venture onto a non-Ethereum Virtual Machine...

Key Takeaways dYdX's trading volume surges to $1.5 trillion in six months. The platform adds 2 million new users, totaling 12 million. 80% of trades now occur on Layer 2, with StarkNet integration playing a pivotal role. Active community...

Pepe Coin (PEPE), deriving its theme from the popular Pepe the Frog meme of the early 2000s, registered a decline in its value today, reflecting the broader Bitcoin downturn. The Dynamics in Depth After its Binance debut on May 5, 2023, PEPE surged to its zenith of...

In a series of tweets, ZachXBT has brought to light alleged deceptive promotional tactics by certain crypto influencers surrounding the meme CBOT and Shiba Inu family BABYSHIB tokens. According to the revelations, ZachXBT was provided with specific wallet addresses by...

Whale 0x9da's Significant Swap In a notable transaction today, an early crypto buyer identified as 0x9da executed a significant swap of 452.911B $PEPE tokens for 194.31 Ethereum ($ETH) at a rate of $0.0000006961 per $PEPE, amounting to a total of $315K, according to...

The internal pitch deck of Open Forest Protocol (OFP) surfaced on Reddit. OFP, a pioneering project on the NEAR Protocol, offers a unique perspective on the potential trajectory of NEAR's growth. OFP is poised to revolutionize the voluntary carbon market, currently...

In a decision by the Anatolian 9th High Criminal Court, Faruk Fatih Özer, the mastermind behind the Turkish cryptocurrency platform Thodex, has been found guilty in a significant fraud case. Alongside Özer, six other individuals were detained, making up a total of 21...

As of recent data from Dune Analytics, the Bitcoin Ordinals Protocol has seen a total of 30,329,662 inscriptions, with an accumulated fee of ₿1,998.1707 (Bitcoin), equivalent to approximately $51,681,834 USD. These inscriptions, known as "Bitcoin-native Digital...

RippleX, Ripple's XRP Ledger, has announced the proposal of the XLS-30 AMM amendment for the XRP Ledger (XRPL), marking a significant step in decentralized financial applications. The amendment is currently undergoing a voting process, where the validator community...

Changpeng Zhao (CZ), the CEO of Binance, the world's largest cryptocurrency exchange, has commented on the recent hacking of Ethereum co-founder Vitalik Buterin's Twitter account. In a tweet dated 10 Sep 2023, CZ urged the public to exercise caution when interpreting...

A mystery but significant NFT brand has recently emerged in the Web3 landscape. HEEL and SHIBACALS have unveiled a limited edition collectible titled 'Young Ryoshi in Space'. This collaboration between the two prominent entities is set to introduce only 45 of these...

Leading AI research entity, OpenAI, creator of ChatGPT, has unveiled plans for its debut developer conference, OpenAI DevDay, set for November 6, 2023, in San Francisco. This move marks a pivotal moment for the AI sector, presenting a stage for global developers to...

Polygon ($MATIC) has unveiled its Solution Provider Network (SPN) to revolutionize the way developers find and collaborate with solution providers within the Polygon ecosystem, according to official announcement. This transformative platform is set to simplify the...

Google has clarified its stance on advertising for blockchain-based games involving non-fungible tokens (NFTs). Effective from September 15, 2023, the tech giant announced, Beginning September 15, 2023, advertisers offering NFT games that do not promote...

Following the introduction of the Shibarium MainNet, the Shiba Inu community is gearing up to unveil PawZaar, an innovative NFT marketplace tailored to meet the evolving demands of the crypto community. The platform's inaugural offering, the "Shib Dream NFT...

In a series of tweets today, Lucie of Shibarium, a prominent figure within the Shiba Inu community, addressed various concerns and provided clarifications about the project's direction. The tweets, which garnered significant attention, emphasized the project's...

Haru Invest's Hugo Lee appeared in court on Thursday, September 9, 2023, to address concerns over the company's recent corporate rehabilitation application. The move has garnered significant attention, casting doubts over the company's intentions and its commitment to...

Binance, the world's leading cryptocurrency exchange, has expanded its margin trading offerings. As of September 8, 2023, the platform has incorporated BAND, FLM, and STMX into its Cross Margin borrowable assets. Concurrently, new Isolated Margin pairs have been...

Mina Protocol is on the brink of a major upgrade that aims to introduce Zero-Knowledge (ZK) smart contracts to its mainnet. This development is anticipated to amplify community engagement and the creation of products on the Mina platform. The forthcoming upgrade is...

The official Telegram account of PepeCoin ($PEPE) has fallen victim to unauthorized access, as confirmed by the project's representatives via a tweet earlier today. The compromised Telegram account, previously under the handle “lordkeklol”, is currently being misused...

In a bold move, House Majority Whip Tom Emmer has publicized his criticism of Gary Gensler, the Chair of the U.S. Securities and Exchange Commission (SEC), accusing him of expanding his authoritative reach in ways that are not favorable to the American populace....

Binance confirmed its support for the upcoming network upgrades and hard forks of both REI Network (REI) and MobileCoin (MOB). This move is in line with the platform's continuous effort to provide timely assistance for major blockchain advancements. Key details of the...

Predicting Bitcoin's Price Through Historical Data Historical trends and data points often shed light on potential future movements, especially in the volatile world of cryptocurrencies. September, based on our comprehensive analysis, traditionally poses challenges...

Founded under the pseudonym "Ryoshi" in August 2020, the SHIBA INU token, or SHIB, has quickly morphed into a crypto sensation. An Ethereum-based token, it champions the decentralization narrative, rallying a broad global audience to its fold. By September 17, 2021,...

Ripple, a foremost figure in enterprise blockchain and cryptocurrency services, announced the acquisition of Fortress Trust, a subsidiary under the umbrella of Fortress Blockchain Technologies. Operating out of Las Vegas, Fortress Trust offers Web3 financial,...

Wemade, a South Korea-based blockchain developer, has announced the launch of its new block explorer, WEMIX Scan, designed for the WEMIX3.0 Mainnet and testnet. This development is part of the company's broader efforts in the blockchain space. The block explorer is a...

September's Historical Downtrend Over the nine-year period from 2014 to 2022, Bitcoin's September performance has largely been bearish. The closing price in September was often lower than the opening price, indicating a general downtrend for the month. Bitcoin Price...

Ripple, a prominent player in the blockchain and crypto sector, has announced the expansion of its University Blockchain and Research Initiative (UBRI) in Europe. The initiative, recognized globally for its contributions to academic blockchain and crypto research,...

A recent Banking Disruption Index by global digital transformation company GFT has shed light on a contrasting sentiment among US banking customers. The study reveals that while 42% of US consumers are content with their banking services, a significant 58% feel...

The Securities and Exchange Commission (SEC) has settled charges with Linus Financial, Inc. over its failure to register the offers and sales of its crypto lending product, known as the Linus Interest Accounts. The SEC has opted not to impose civil penalties on the...

Ripple's cryptocurrency, XRP, is the latest addition to the philanthropic efforts addressing the aftermath of the devastating wildfires in Maui. The Giving Block, a platform known for facilitating charitable donations via cryptocurrency, has expanded its roster to...

Binance, one of the world's leading cryptocurrency exchanges, has issued a statement addressing concerns over the redemption of its CYBER Simple Earn Flexible Products. The announcement comes in the wake of a significant price discrepancy of the CYBER token between...

In a joint effort to curb cybercrime, the U.S. Office of Foreign Assets Control (OFAC) and the U.K. HM Treasury Office of Financial Sanctions Implementation (OFSI) have sanctioned eleven additional members of the Russia-based ransomware group, Trickbot. This move...

IBM has unveiled its latest advancement in the realm of artificial intelligence (AI) for business: a series of foundation models named "Granite." These models, designed for the watsonx.ai platform, aim to harness the power of generative AI for both linguistic and...

The Ethereum Foundation has officially unveiled the 18 recipients of the ERC-4337 Account Abstraction grant round. This milestone event marks a significant stride towards enhancing the capabilities of the Ethereum network and underscores the Foundation's dedication to...

Binance has responded to user demand by launching a zero maker fee promotion for spot trading pairs involving Argentine Peso (ARS), Brazilian Real (BRL), and South African Rand (ZAR). This promotional offer is set to commence on September 8, 2023, at 00:00 (UTC)....

Key Takeaways * Binance to delist a total of 22 spot trading pairs on September 8, 2023. * The delisting is part of Binance's periodic review to ensure a high-quality trading market. * Users advised to update or cancel their Spot Trading Bots to avoid potential...

The Algorand Foundation, in partnership with Borderless Capital, Arrington Capital, and DWFLabs, has announced a strategic investment in the Pera Algo Wallet. This investment aims to expedite the expansion and adoption of the Algorand ecosystem by enhancing the...

Binance, one of the world's leading cryptocurrency exchanges, has taken significant steps towards resolving the XIRTAM fraud incident that unfolded in early May 2023. The XIRTAM project, which defrauded investors of a substantial sum, saw its ill-gotten gains totaling...

Binance, one of the world's leading cryptocurrency exchanges, announced today that it has successfully integrated Ethereum (ETH) on the zkSync Era network. As of the announcement, deposits and withdrawals of Ethereum (ETH) tokens via the zkSync Era network are...

Solana, a leading blockchain platform, unveiled its latest initiative, Hyperdrive, in a series of tweets on September 6, 2023. The event is described as an engineering and business competition where teams can transform an idea into a fully operational project within a...

Key Takeaways * TwelveFold is a 300-piece generative art collection inscribed on satoshis. * The project uses Ordinal Theory protocol to locate an inscribed satoshi. * Participants can submit puzzle answers through various Bitcoin wallets, including Leather, Unisat,...

BNB Chain, a prominent blockchain ecosystem, announced the winners of its Ecosystem Catalyst Awards on September 6, 2023. The awards ceremony aimed to recognize and celebrate key contributors in various segments of the BNB Chain ecosystem. Award Categories and Winners...

Brian Armstrong, the CEO of Coinbase, took to Twitter on September 6, 2023, to share that the company has received over 150 applications for its inaugural Coinbase Ventures Summit. The summit, scheduled for October in Malibu, California, aims to bring together a...

OKX, a global Web3 technology company and crypto exchange, has launched its most ambitious trading competition to date, featuring a prize pool exceeding 2 million USDT and a Tesla Model 3. The competition, part of the company's "Trade Like a Pro" campaign, is set to...

Key takeaways * Coinbase suspends trading for BarnBridge (BOND), DerivaDAO (DDX), Jupiter (JUP), Multichain (MULTI), Ooki (OOKI), and Voyager (VGX). * The decision was based on "recent reviews" to ensure the assets meet Coinbase's listing standards. * Users can still...

The Gum protocol on Solana ecosystem announced its shutdown today. The team behind Gum and its associated product, Wordcel, cited challenging market conditions and difficulties in generating revenue as the primary reasons for the decision. Gum initially gained...

Key Takeaways Gala Games co-founder and CEO, Eric Schiermeyer, files a derivative shareholder lawsuit against co-founder Wright Thurston and True North United Investments, LLC. Wright Thurston countersues Eric Schiermeyer. The company emphasizes that the legal...

Despite a promising start to the much-anticipated "Summer of Shibarium," Shiba Inu's native cryptocurrency, SHIB, has experienced a dramatic 36% price drop. This article explores the rollercoaster ride of SHIB's price, the technological advancements in the Shiba Inu...

Today, SBI Remit, a subsidiary of SBI Group that specializes in providing services for international money transfers, made the announcement that it would expand its remittance services that are based on XRP to bank accounts in the Philippines, Vietnam, and Indonesia....

Market Capitalization Overview According to CoinMarketCap, among the top gainers, only SNX finds itself within the top 100 in terms of market capitalization, currently ranking at 48th place. * In the 101-200 market cap range, ENJ has experienced a surge of around 20%....

OKX, a key player in the Web3 technology landscape, broadened its NFT Marketplace's capabilities by integrating support for Base and Linea blockchains on September 5, according to press release shared with Blockchain.News. This move follows the company's earlier...

Binance, its native taken being BNB, a leading cryptocurrency exchange, has launched a week-long Challenge offering a pool of 500,000 Binance Points and exclusive rewards. The Challenge is set to run from September 6, 2023, 00:00 (UTC) to September 12, 2023, 23:59...

Despite a promising start to the much-anticipated "Summer of Shibarium," Shiba Inu's native cryptocurrency, SHIB, has experienced a dramatic 36% price drop. This article explores the rollercoaster ride of SHIB's price, the technological advancements in the Shiba Inu...

In a fireside discussion at the Barclays Global Financial Services Conference on Tuesday, September 12, 2023, at 11:15 a.m. Eastern Time (ET) / 8:15 a.m. Pacific Time (PT), Alesia Haas, the chief financial officer of Coinbase Global, Inc., will take part. Coinbase,...

Bitcoin Ordinals (ORDI), a blockchain-based platform known for its unique inscriptions, is on the verge of a significant update. Introduced in January 2023 by Casey Rodarmor, a programmer and artist, as reported by Blockchain.News, Bitcoin Ordinals serve as a system...

Binance, one of the world's leading cryptocurrency exchanges, announced the completion of the contract swap and rebranding of Travala.com's native token, AVA. The rebranding and contract swap transition the token from its previous BEP2 and BEP20 standards to the...

Tether, USDT issuer, the leading stablecoin in global circulation, now holds $72.5 billion in U.S. Treasury bills, positioning it as the world's 22nd largest holder. This development coincides with China's accelerated divestment from U.S. debt, which has seen a...

In a congratulatory message to the 2023 China International Intelligent Industry Expo, Chinese President Xi Jinping emphasized the profound changes that emerging technologies like the internet, big data, cloud computing, artificial intelligence (AI), and blockchain...

Visa Inc. (NYSE: V), a global payments giant, has announced the expansion of its stablecoin settlement capabilities, according to Blockchain.News, incorporating the Solana blockchain and initiating pilot programs with merchant acquirers Worldpay and Nuvei. A Leap in...

According to Bloomberg's report dated September 5, 2023, liquidity providers Auros, GSR Markets Ltd., and Wintermute Trading Ltd. have disclosed that the bankruptcy of the FTX exchange has led to a 30% reduction in profit margins for crypto market makers. "The FTX...

SSV.Network ($SSV), a decentralized staking protocol, announced the public launch of its new testnet, Jato-V2, on September 4. The new testnet is identical to the version currently running on the mainnet, offering a realistic testing environment for users and...

Binance announced today the launch of a new set of Dual Investment products. These products come with updated Target Prices and Settlement Dates, allowing users to either "Sell High" or "Buy Low" on a variety of cryptocurrencies. Dual Investment is an investment...

Alchemy Pay is partnering with Polygon (MATIC) to deploy its payment services on Polygon's new zkEVM chain. Alchemy Pay will serve as one of the first fiat-crypto on-ramp providers for the zkEVM ecosystem, allowing users to easily convert their local fiat currencies...

Robinhood Markets Inc. has finalized a share repurchase agreement worth $605.7 million with the United States Marshal Service, according to a company announcement made earlier today and CNBC report. The deal involves the acquisition of 55.3 million shares at $10.96...

A Mammoth Transaction In a transaction that has sent ripples through the cryptocurrency community, a staggering 424,354,912.78345 XRP, valued at approximately $214.3 million, was transferred from one unknown wallet to another. The transaction was reported by Whale...

Key Takeaways Launch and Exclusivity: Binance Labs announced the launch of ColLabs, an invite-only Web3 investment community, on August 31, 2023. Features: The platform offers exclusive content, deal-sourcing opportunities, and a channel for co-creation...

Shiba Inu's Layer 2 network, Shibarium, has reached new milestones, boasting 634,438 wallet addresses and 698,607 transactions, according to updated data from Shibariumscan. This comes after Shiba Inu's lead developer, Shytoshi Kusama, confirmed the full operational...

The European Banking Authority (EBA) closed its public consultation on revising guidelines for money laundering and terrorist financing (ML/TF) risk factors on August 31, 2023. The amendments aim to extend the scope to include crypto-asset service providers (CASPs)....

Binance Margin, a feature of the Binance cryptocurrency exchange, has announced that it will delist ten isolated margin pairs effective September 14, 2023, at 06:00 (UTC). The pairs to be removed are ALPHA/BUSD, ANT/BUSD, BAL/BUSD, COS/BTC, DGB/BUSD, FIRO/BUSD,...

Key Takeaways Partnership aims to "expand the Jasmy ecosystem," as stated by Jasmy Lab. Kana Labs to provide its Account Abstraction SDK for cross-chain accessibility of JasmyCoin. Collaboration targets market expansion in Korea, India, and Western...

Mitsubishi UFJ Trust Bank and Ginco announced on August 31 that they have initiated a partnership to offer Japan's first-ever trust services for crypto assets. This move comes as institutional investors globally are increasingly seeking custody services for digital...

SSV Network ($SSV), a leading infrastructure provider for decentralized Ethereum staking applications, has announced that its Discord channel, which was compromised earlier today, is now "back to normal and under control." Incident and Quick Resolution The company...

The U.S. Personal Consumption Expenditures (PCE) Price Index, a key indicator of inflation, has once again shown an uptick, according to the latest data. The year-over-year PCE Price Index rose to 3.3%, aligning with forecasts but exceeding the previous month's 3.0%....

Bill Laboon, the Head of Education and Grants at Web3 Foundation, has provided critical updates on the ongoing parachain lease auctions for Polkadot ($DOT) and Kusama ($KSM) networks. In a Twitter thread dated August 31, 2023, Laboon shed light on the leading projects...

Swift, the global financial messaging service, announced on August 31, 2023, that it has successfully conducted a series of experiments to facilitate the transfer of tokenized assets across multiple blockchains. Collaborating with major financial institutions and...

A notable Ethereum smart whale transferred 12,087 ETH, equivalent to around $20.61 million, to Binance today, according to EmberCN, an onchain analys. This transaction marks the latest in a series of strategic moves by the investor, who has been notably silent for the...

In a captivating series of tweets, TruthLabs (@BoringSleuth) has unveiled new details that could potentially identify the enigmatic founders of Shiba Inu ($SHIB). The tweets, dated August 31, 2023, disclose Suzuki's connections to MIT's Media Lab, a Microsoft...

An early crypto trader known as 0x025, previously operating under the alias pepeworldorder.eth, sold 263 billion $PEPE tokens for 226,000 $DAI. The sale occurred at a rate of $0.00068591 per token, resulting in a loss of $174,000, or a 43.4% decrease in value. The...

Leading cryptocurrency news source CoinDesk has lately come under criticism for removing stories that criticised specific players in the industry. The retractions have called into doubt the platform's commitment to balanced reporting and editorial integrity. L0la...

OKX, a global Web3 technology firm and cryptocurrency exchange, disclosed its 10th consecutive monthly Proof of Reserves (PoR) report today. The report shows that the exchange holds USD$10.4 billion in primary assets, such as Bitcoin (BTC), Ethereum (ETH), and Tether...

SEBA Hong Kong, a subsidiary of Swiss-based SEBA Bank AG, has been granted an "Approval-in-Principle" (AIP) by Hong Kong's Securities and Futures Commission (SFC). This preliminary approval positions SEBA Hong Kong to become one of the first licensed corporations in...

Japan's Financial Services Agency (FSA) released its financial administrative policy for the fiscal year 2023 on August 29, outlining key areas of focus. The policy aims to ensure that Japan's economic activities and public life remain stable amidst changing...

Key Points * Binance successfully completes BNB Smart Chain (BEP20) network upgrade and hard fork. * Deposits and withdrawals were temporarily suspended from approximately 07:15 am UTC and have now resumed. * The announcement was made on August 30, 2023, at 11:14 AM,...

Shiba Inu's Layer 2 network, Shibarium, has witnessed an explosive growth in wallet addresses, reaching 306,205 as the time of writing. This marks a staggering 200% increase from just over 100,000 wallet addresses reported yesterday. The network has also processed...

Key Takeaways * Ethereum unveils EELS, a Python-based reference implementation for its execution client. * EELS aims to be a more programmer-friendly successor to the Yellow Paper. * The project has been in development for over a year and is backed by ConsenSys' Quilt...

Reflecting the dynamic nature of the crypto industry, Binance, a global frontrunner in cryptocurrency exchanges, has declared the discontinuation of multiple spot trading pairs. The adjustments are scheduled to be implemented on September 1, 2023, as confirmed by an...

Circle has announced the upcoming launch of native USDC on the Base blockchain. The announcement, part of Circle's #StableSeptember series, outlines the benefits and implications of this integration for both developers and users. Key Takeaways - Native USDC will be...

Canaan Inc. (NASDAQ: CAN), a leading provider of high-performance computing solutions, unveiled its unaudited financial metrics for the second quarter of 2023 on August 29. In the face of market headwinds, the company saw a notable 44.2% sequential growth in total...

Following Grayscale Investments' decisive win in its lawsuit against the U.S. Securities and Exchange Commission (SEC), Bitcoin's value reached an apex of $28,142 on Binance. Concurrently, the discount rate for Grayscale's Bitcoin Trust (GBTC) experienced a notable...

At the latest Group of 20 (G20) summit, Prime Minister Narendra Modi of India highlighted the need for international collaboration in crafting cryptocurrency guidelines. With India holding the G20 presidency, it is actively pushing for a cohesive global strategy on...

OpenAI has revealed that its ChatGPT technology has been adopted by over 80% of Fortune 500 companies within just nine months of its launch. This data is based on the percentage of Fortune 500 companies with registered ChatGPT accounts, identified through corporate...

Google is actively adapting its services to meet the European Union's Digital Services Act (DSA), enacted on November 16, 2022. The DSA  targets platforms and search engines with more than 45 million monthly users in the EU. These are categorized as "very large online...

The U.S. Securities and Exchange Commission (SEC) launched its first enforcement action targeting a non-fungible token (NFT) provider, Impact Theory, LLC. This unprecedented step by the SEC has not only set a new legal benchmark but also ignited internal discussions...

Jasmy has officially launched its Layer 2 solution, Jasmy Chain. Announced just four hours ago, the project is built on the Ethereum blockchain and aims to provide a more efficient, cost-effective, and secure way for users to transact data. Background and Need for...

Sandeep Nailwal, the founder of Polygon, announced a significant technical upgrade to the Polygon ecosystem with the introduction of the POL token. The announcement, made via Twitter, outlines how POL aims to revolutionize multi-chain staking and bring about a new era...

The Graph ($GRT) has announced the commencement of Phase 3 of its scaling on Layer 2 (L2). The announcement, made via Twitter on August 28, 2023, introduces new L2 Transfer Tools designed to simplify and streamline the transfer of Graph Tokens (GRT) and subgraphs to...

In a move to enhance the security and efficiency of institutional trading, Binance, the world's premier cryptocurrency exchange, has rolled out MirrorX. This off-exchange settlement solution, a collaboration with institutional custody partner Ceffu, underscores the...

OrBit Markets, a Singapore-based institutional liquidity provider in the realm of digital asset options and structured derivatives, has garnered the 2023 Google Cloud Customer of the Year Award for the Financial Services Industry. The accolade is not merely...

Shiba Inu's Ethereum Layer 2 network, Shibarium, has reached a significant milestone, crossing 100,000 wallet addresses and completing over 445,000 transactions, according to data from Shibariumscan, the network's block explorer. This comes after an announcement by...

In a strategic move to diversify its assets and encourage broader external participation, the Grants and Bounties Management Committee (GMC) of Rocket Pool ($RPL) has proposed the integration of USDC into its financial framework. The proposal, detailed on the...

Animoca Brands, a leading figure in the realms of digital entertainment and blockchain technology, has unveiled its financial performance for the year ending 31 December 2022, providing a comprehensive insight into its achievements and future prospects. The company's...

A prominent Bitcoin address has come under the spotlight for allegedly laundering approximately $265 million through various Bitcoin mixers. The address in question, 1EU2pMence1UfifCco2UHJCdoqorAtpT7, was initially funded with 9,999.99 BTC from Binance in May 2018, as...

The House Financial Services Committee's top brass, including Chairman Patrick McHenry (NC-10), Vice Chairman French Hill (AR-02), and Chairman of the Oversight and Investigations Subcommittee, Bill Huizenga (MI-04), have formally expressed their concerns to the...

The team behind the decentralized automation network, Clockwork, has decided to cease active development of the protocol. The announcement was made by Nick, a former Clockwork employee, on the X platform and further elaborated on his Twitter handle, @time_composer....

Bitrace, a leading blockchain analytics firm, has unveiled data highlighting the scale of illegal cryptocurrency activities in Southeast Asia. The insights challenge prevailing media narratives, offering a more detailed perspective on the region's crypto landscape....

FTX, a bankrupt cryptocurrency exchange, has announced the temporary suspension of impacted user access to its claims portal. This decision comes in the wake of a cybersecurity breach at Kroll, a firm overseeing FTX’s ongoing bankruptcy proceedings as the appointed...

On 28 August 2023, HashKey Exchange, the city's first licensed retail virtual asset exchange (crypto exchange), commenced operations today. The official launch, hosted at the Maritime Museum Central, was attended by key figures from the HKSAR government, leading...

The cryptocurrency landscape in Brazil is currently overshadowed by a high-profile investigation involving football icon Ronaldinho Gaúcho. The former Paris Saint-Germain, F.C Barcelona, and AC Milan player is facing legal scrutiny over his alleged ties to a...

Shibarium, the Ethereum layer-2 scaling blockchain, has officially announced its successful operation, marking a significant milestone in the crypto landscape. The platform, which is a proud fork of Polygon, has garnered over 65,000 wallets and witnessed 350,000...

Binance, one of the world's premier cryptocurrency exchanges, has announced the removal of a significant number of liquidity pools from its Liquid Swap platform. This decision stems from Binance's periodic review aimed at refining the trading experience for its users...

The Hong Kong Monetary Authority (HKMA)-backed eTradeConnect, a trade finance platform built on blockchain technology and supported by a group of twelve prominent banks, is set to cease operations by month's end. Launched officially on October 31, the platform's...

Recent data from Arkham indicates that the third-largest Bitcoin holder's address bc1ql49ydapnjafl5t2cp9zqpjwe6pdgmxy98859v2 is controlled by market maker Jump Trading and is stored on the Robinhood custodial service platform. Over the past three months, this address...

Kronos Research, a cryptocurrency quantitative trading team ranked among the top five globally, reportedly suffered a loss of $1.4 million (equivalent to approximately 42 million Taiwanese dollars) in 2020. The root cause of this substantial loss was traced back to...

The fusion of reality and virtual experiences is not only adding a new dimension to our leisure activities but is also unlocking significant economic value. This evolution is primarily driven by innovative technologies, with digital entertainment emerging as a potent...

Changpeng Zhao, widely recognized as CZ, the CEO of Binance, has recently brought to light a concerning issue on his Twitter platform. Users of notable cryptocurrency exchanges FTX, BlockFi, and Genesis are reportedly under the threat of new phishing attacks. This...

On November 30, 2022, Onlyfans' Ethereum (ETH) holdings had a book value of $11.43 million. On that day, the price of ETH was approximately $1,270, suggesting that Onlyfans held around 9,000 ETH. The purchase cost of these holdings was calculated to be $19.889...

According to an official statement on Pepe coin's Twitter account, the coin's Telegram group encountered a major security breach. The group's owner's old account was compromised, leading to the group's takeover. As a result, the group has been locked down, with...

Binance, the world's leading cryptocurrency exchange, has been instrumental in aiding the arrest of key members of the Islamic State – Khorasan Province (ISKP), an affiliate of the global terrorist network ISIS. The operation was a joint effort between Binance, the...

In response to growing speculation surrounding a recently posted photo, Paolo Ardoino, CTO of Tether and Bitfinex, took to Twitter to clarify matters. The image in question showcased a container bearing the "Tether Energy" logo, leading to a myriad of questions and...

The cryptocurrency community is in a stir following a recent announcement from the official $PEPE coin account detailing unexpected transactions. On August 24th, 2023, approximately 16 trillion $PEPE tokens, valued at around $15m USD, were transferred from the $PEPE...

Wintermute Trading has approached the Yearn community with a proposal for a 12-month loan of 350 YFI, equivalent to $1.98 million, from the DAO's treasury. The loan, if sanctioned, would carry a 0.10% interest rate, payable at the term's conclusion. As part of their...

The most recent quarterly report suggests that Dunamu, the company that is responsible for operating the cryptocurrency exchange Upbit, had a net profit of KRW 108 billion during the second quarter of 2023 (April-June), when the period in question was...

According to GlobeNewswire, BIGG Digital Assets Inc. (BIGG) has formalized its intent to acquire all outstanding shares of TerraZero Technologies Inc. not already under its umbrella. The transaction, with an estimated valuation of approximately $20 million, is set to...

Hut 8 Mining Corp. (Nasdaq: HUT) (TSX: HUT), one of North America's leading digital asset and bitcoin mining pioneers, has announced further developments regarding its proposed all-stock merger with U.S. Data Mining Group, Inc., also known as US Bitcoin Corp (USBTC)....

Chairman of the House Financial Services Committee, Patrick McHenry, has publicly voiced his concerns over the Notice of Proposed Rulemaking on digital asset reporting requirements issued by the U.S. Department of the Treasury and the Internal Revenue Service (IRS)....

The US Department of the Treasury and the Internal Revenue Service (IRS) have jointly issued proposed regulations aimed at enhancing transparency and compliance in the digital asset sector. These regulations are set to mandate brokers to report sales and exchanges of...

Upbit, the South Korean-based cryptocurrency exchange, has detailed its plans for the forthcoming LUNA2 airdrop targeting LUNC holders. LUNC, previously known as LUNA, underwent a rebranding and its holders are now on the cusp of receiving LUNA2 tokens. Snapshot...

The deployer associated with Magnate Finance, a project on the Coinbase's BASE platform, has been linked to a series of rug pulls totaling an estimated $16.7M. Beosin Alert, a trusted entity in the Web3 space known for its real-time risk alerts, revealed that this...

In the realm of financial analysis, few voices resonate as loudly as Arthur Hayes. His recent article, titled "Kite or Board," has generated substantial buzz in financial circles. Hayes meticulously evaluates the U.S. Federal Reserve, forecasting significant...

Prime Core Technologies, the parent entity of crypto custodian Prime Trust, disclosed a financial setback of $8 million, largely attributed to investments in the algorithmic stablecoin TerraUSD (USTC). The announcement, stemming from an August 24 filing with the...

With the release of the Hong Kong Monetary Authority's (HKMA) most recent Fintech Promotion Roadmap today, on 25 August 2023, the financial environment in Hong Kong is poised to be more attractive. This thorough manual presents a strategic outlook for the next year...

On 24 August 2023, Plan ₿, an initiative co-founded by Tether and the City of Lugano with the aim of leveraging bitcoin technology to transform the city's financial infrastructure, has announced its official sponsorship of FC Lugano. This historic Swiss football club,...

API3, a pioneering blockchain oracle provider championing the shift from conventional third-party oracle networks to first-party oracle solutions, has rolled out its managed data feed service. This service is designed to support the growth of Total Value Locked (TVL)...

The Charles Schwab Trader Sentiment Survey for Q3 reveals a shift in trader expectations towards a more optimistic view of the market environment. After two consecutive quarters of heightened recession anticipation, the latest survey indicates a brighter outlook among...

A group of high-net-worth Russian and CIS investors have filed a class action lawsuit against Atomic Wallet, a prominent cryptocurrency platform, following a security breach in June that resulted in losses of approximately $100 million. The lawsuit, coordinated by...

Base, the Ethereum Layer 2 (L2) solution incubated at Coinbase, recently spotlighted its unwavering dedication to decentralization, aligning seamlessly with the Superchain vision. Born out of a collaboration with the Optimism Collective, Base utilizes the open-source...

A number of charges, including breaches of sanctions and involvement in money laundering, have been brought against the individuals who created the cryptocurrency mixer known as Tornado Cash. The co-founders of Tornado Cash, Roman Storm and Roman Semenov, have been...

Two former developers of Tornado Cash, Roman Storm and Roman Semenov, have been indicted on charges including conspiracy to operate an unlicensed money-transmitting business. The indictment, issued by the United States Office of Foreign Asset Control (OFAC) on August...

Moshe Hogeg, a notable figure in the cryptocurrency sector and the former owner of Beitar Jerusalem FC, is now under intense scrutiny as Israeli police have officially recommended pressing charges against him. These allegations, which have been building over a...

The U.S. Securities and Exchange Commission (SEC) oversees the registration of broker-dealers, individuals or firms engaged in buying and selling securities. This registration ensures adherence to federal securities laws and SEC rules, safeguarding market integrity...

Romero Cabral da Costa Neto, a visiting attorney at a renowned global law firm, has been thrust into the spotlight following insider trading charges announced by the Securities and Exchange Commission (SEC). This incident, coupled with a recent case in the digital...

In a recent publication by Pantera Capital, the firm delved into the concept of a "positive black swan" event in the blockchain industry. The term "black swan" traditionally refers to unpredictable events with potentially severe consequences. However, in this context,...

B2C2, a prominent crypto liquidity provider catering to institutional clients worldwide and a digital asset pioneer shaping the future ecosystem, has finalized its acquisition of Woorton, a leading European entity in market making and over-the-counter transactions for...

Stock Market Overview Amid concerns over higher government bond yields, inflation, China's slowing economy, and its looming debt crisis, major global stock indices have seen three consecutive weeks of declines. The S&P 500 index has dropped over 5% since the end...

Nathaniel Chastain, the former head of product at OpenSea, has been sentenced to three months in prison for his involvement in insider trading with digital assets. Chastain was responsible for selecting which NFTs would be featured prominently on OpenSea's platform....

On August 22, 2023, the Intermediate People's Court of Hangzhou, Zhejiang Province, China, publicly pronounced the verdict on Xiao Yi, a former member of the Jiangxi Provincial Political Consultative Conference (CPPCC) and its vice chairman, for bribery and abuse of...

On August 22, 2023, in San Diego, Finance of America Reverse LLC (FAR), which is a key participant in the reverse mortgage business and a subsidiary of the Finance of America Companies (NYSE: FOA), released its 2023 Home Equity Punch List. This study investigates the...

Mawson Infrastructure Group Inc. (NASDAQ:MIGI), a leading figure in the digital infrastructure and Bitcoin mining landscape, has unveiled its unaudited business and operational update for July 2023. Mawson Infrastructure Group (NASDAQ: MIGI) is not just a digital...

Finance and accounting departments globally are undergoing a digital transformation, aiming to streamline and automate processes, as highlighted in the 2023 ISG Provider Lens™ global Finance and Accounting Outsourcing (FAO) Services report. The push for digitalization...

On 2023-08-23, Binance, one of the leading cryptocurrency exchanges, made an official announcement regarding the removal of specific spot trading pairs. Effective from 2023-08-25 at 03:00 (UTC), the following spot pairs will no longer be available for trading on the...

On August 22, 2023, a new player entered the AI arena, Ideogram AI. Their primary mission revolves around harnessing the power of generative AI to amplify human creativity. The company aims to develop cutting-edge AI tools designed to make creative expression not only...

The Federal Bureau of Investigation (FBI) has recently alerted cryptocurrency firms about blockchain activities linked to the theft of a significant amount of cryptocurrency. Within the past day, the FBI has monitored cryptocurrency pilfered by actors affiliated with...

The Bank for International Settlements (BIS), in partnership with the Consultative Group of Directors of Financial Stability (CGDFS), unveiled a detailed report on August 22, named "Financial stability risks from crypto assets in emerging market economies." This...