Core DAO partners with Bitget and MEXC to launch $200M ecosystem fund
[Apr 18, 2023 3:00 AM] The Ecosystem Fund will provide financial support to early stage projects.
55 / 84 Relevant items tagged with #Cryptocurrencies
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Elon Musk to launch truth-seeking artificial intelligence platform TruthGPT
[Apr 17, 2023 3:37 PM] The tech billionaire made the announcement during a Fox interview on Monday.
Total Arbitrum accounts surpass 5M after airdrop hype: Report
[Apr 17, 2023 3:15 PM] The milestone was accomplished less than one month after a much-anticipated airdrop.
China’s state-affiliated banks onboarding crypto companies in Hong Kong
[Apr 17, 2023 5:01 AM] Chinese banks are opening bank accounts for regulated crypto companies, with several acting as a payment layer for the crypto platforms.
US crypto exchange Bittrex faces potential action from SEC: Report
[Apr 17, 2023 2:25 AM] Bittrex had already started winding down operations by the time it received a notice of potential action from the SEC, the general counsel said.
Police in Kosovo Seize Crypto Mining Rigs From Serbs
[Apr 16, 2023 3:30 PM] Kosovo police have seized dozens of crypto mining devices from residents of a majority Serb region in the north of the country. Authorities in Pristina and Belgrade exchanged accusations over the move, which has the potential to raise tensions in…
Do Kwon’s Terraform Sent $7 Million to Law Firm Before Collapse, Report Unveils
[Apr 16, 2023 5:30 AM] Prosecutors investigating failed blockchain firm Terraform Labs have found out that its Singapore office sent millions of U.S. dollars to lawyers just before the crash of its cryptocurrencies. According to Korean media, the transfers suggest that…
Economist Paul Krugman Criticizes Florida Gov. Ron DeSantis’ Opposition to Central Bank Digital Currency
Fight between crypto and governments “just getting started”, says ShapeShift CEO
[Apr 15, 2023 9:30 AM] The crypto industry needs to prepare for increasing government pressure as it ramps up its challenge to the State monopoly over money, says ShapeShift CEO Erik Voorhees.
Hong Kong’s Largest Virtual Bank Offers Crypto Conversion Services
[Apr 14, 2023 7:30 PM] ZA Bank, Hong Kong’s biggest virtual-only lender, intends to expand its business into the region’s growing digital assets sector. The banking platform will offer crypto-to-fiat conversions and account services as the Chinese financial center is…
SEC targets DeFi in vote to revisit proposal concerning the definition of ‘exchange’
[Apr 14, 2023 12:00 PM] “It seems perverse to me that we would be encouraging centralization,” said SEC Commissioner Hester Peirce prior to a vote on the proposal.
Crypto lender Amber Group considers selling Japan unit: Report
[Apr 14, 2023 10:53 AM] Amber's review of its Japan operation is part of a strategic shift towards institutional business and away from retail business.
Crypto Exchange Bitrue Suffers $23 Million Hack
[Apr 14, 2023 10:30 AM] Singapore-based crypto exchange Bitrue has lost millions of U.S. dollars’ worth of ether and other coins in a hack. The trading platform suspended withdrawals until early next week to conduct additional security checks and promised to…
Crypto exchange Bitrue suffers $23M hack due to hot wallet exploit
[Apr 14, 2023 5:12 AM] Bitrue executives promised to fully compensate all the identified users affected by the hot wallet hack that accounted for 5% of all funds on the exchange.
Ripple launches liquidity hub for businesses to bridge the crypto liquidity gap
[Apr 14, 2023 5:07 AM] The liquidity hub aims to offer a pool of liquidity to businesses in addition to Ripple’s popular cross-border payments service called on-demand liquidity.
Twitter Users to Trade Crypto Through Etoro
[Apr 14, 2023 4:30 AM] Social trading company Etoro has partnered with Twitter to will allow users of the microblogging platform to invest in cryptocurrencies and other assets. The move is viewed as a step towards turning the social media into a “super app,” a mission…
Nigerian crypto payment startup shuts down, offers IP for sale
[Apr 14, 2023 2:56 AM] Nigerian crypto and Web3 company Lazerpay shuts down after failing to raise funds and advises users to withdraw before April 30.
Former Deutsche Bank Investment Banker Charged With Crypto Fraud in US
[Apr 13, 2023 9:00 PM] An investment banker formerly employed by Deutsche Bank has been charged with perpetrating a crypto-related fraud. The man from Brooklyn has been accused of misappropriating funds from victims whom he promised large returns on cryptocurrency…
Gemini files for pre-registration undertaking in Canada
[Apr 13, 2023 1:20 PM] All crypto exchanges are required to sign such undertaking if they want to operate in Canada following a February rule change.
EOS Network lands $60M investment and partnership from DWF Labs
[Apr 13, 2023 6:47 AM] DWF Labs invests over $60 million in a partnership with the EOS Network Foundation, providing a $45 million EOS token purchase agreement and a $15 million pledge for EOS-based projects to expedite growth and adoption.
Despite Using Euro, Montenegro to Develop Own Digital Currency With Ripple
[Apr 13, 2023 5:30 AM] Montenegro intends to create and issue its own digital currency with help from U.S.-based crypto company Ripple. The Southeast European nation, which adopted the euro unilaterally, is moving to realize the plan despite the eurozone developing a…
Web3 economy to gain more traction in Africa through DeFi-based financial inclusion
[Apr 13, 2023 5:14 AM] DeFi-based financial inclusion serves to increase liquidity and earning opportunities for African micro-entrepreneurs through Fonbnk’s partnership with Tanda.
DeFi tool to notify users about suspicious on-chain activity
[Apr 13, 2023 1:15 AM] In determining the success of Web3, security measures like PureFi’s SafeTransact alongside Web3 security companies are an approach to secure transactions from cybercriminals.
China Fines Bitmain $3.6 Million for Tax Violations, Report
[Apr 12, 2023 11:30 PM] Chinese authorities have fined leading crypto mining hardware manufacturer Bitmain for tax-related violations, local media reported. The penalty comes amid increasing tax checks in the digital asset sector, according to information from the crypto…
Brian Armstrong promised me $100 in Bitcoin — so where is it?
[Apr 12, 2023 5:49 PM] Is it possible that Coinbase CEO Brian Armstrong doesn't know how to use the Bitcoin Lightning Network? It could explain why he stiffed me.
Paxos set to withdraw from Canada amid regulatory uncertainty
[Apr 12, 2023 3:52 PM] Paxos assured its customers that their funds would "remain safely" in their accounts, but advised users to withdraw all balances from their accounts at their earliest convenience.
When levees break, liquidity flows — Analyzing Ethereum Shapella and liquidity staking derivatives
[Apr 12, 2023 1:20 PM] Volumes from the top five Ethereum staking platforms suggest holders are hedging against the unknown until after ETH withdrawals are enabled.
Euler Finance opens redemptions after hacker returns funds
[Apr 12, 2023 11:54 AM] The Ethereum lending protocol was exploited in a $197 million flash loan attack in March.
ApeCoin surges 1,950% on South Korean crypto exchange Upbit
[Apr 12, 2023 9:12 AM] The APE/BTC trading pair reached an all-time high of around $90 apiece on the exchange.
Binance CEO CZ: Regulators need deep understanding crypto for proper rules
[Apr 12, 2023 7:11 AM] Binance CEO Changpeng Zhao emphasizes the need for a proper understanding of the crypto industry by regulators and active engagement by industry players to achieve regulatory clarity.