Category : Blockchain

Blockchain

Crypto Exchange BKEX Halts Withdrawals Amid Money Laundering Investigation

In a surprise announcement on May 29, 2023, BKEX, one of the major cryptocurrency exchanges, has temporarily suspended user withdrawals due to alleged involvement in money laundering activities. (Read More)

Significant Unlock of Optimism's OP Tokens Imminent, Wintermute Transfers a Large Batch to Binance

According to Token Unlocks data, a significant amount of Optimism's OP tokens is scheduled for release on May 31st. A total of 386,547,056.64 OP tokens, equivalent to approximately $587 million and accounting for 9% of the total supply, are set to be...

Ethereum Improvement Proposal 4844 Implementor Call: Deneb API Versioning, Execution Header Updates, and Devnet 6 Planning

Terence.eth, a well-known Ethereum Community Developer, shared significant updates following the recent Ethereum Improvement Proposal (EIP) 4844 implementor call. (Read More)

Reuters: Binance Australia Users Rush to Sell Bitcoin Amid Payment Issues

According to a recent report by Reuters, Bitcoin prices on Binance's Australian platform were almost A$9,000 lower than those on rival exchanges on Tuesday. (Read More)

Shaping the Future of Banking: Standard Chartered and PwC China Release White Paper on Central Bank Digital Currency"

Standard Chartered, in collaboration with PwC China, have co-published a comprehensive white paper detailing the potential advancements in the future of banking, courtesy of Central Bank Digital Currency (CBDC). (Read More)

Beijing's Chaoyang District to Invest RMB 100 Million Annually to Foster Web 3.0 Ecosystem

Starting this year, Beijing's Chaoyang District will invest at least RMB 100 million annually into the development and growth of the Web 3.0 industry ecosystem. (Read More)

Beijing Releases Web 3.0 Innovation and Development White Paper (2023) at Zhongguancun Forum

On May 27, 2023, the Beijing Municipal Science and Technology Commission and the Zhongguancun Science and Technology Park Management Committee unveiled the "Beijing Web 3.0 Innovation and Development White Paper (2023)" at the parallel forum of the Z...

Official Committee of Unsecured Creditors of FTX Responds to IRS's $44 Billion Claims

The Official Committee of Unsecured Creditors of FTX, a now-bankrupt cryptocurrency exchange, has publicly responded to the U.S. Internal Revenue Service's (IRS) staggering $44 billion in claims against various debtors affiliated with FTX. (Read More...

Jimbos Protocol Loses $7.5M in Ether Due to Security Breach, JIMBO Token Value Plummets

Security breach in Jimbos Protocol, a liquidity protocol operating under the Arbitrum system, resulted in a significant loss of 4,000 Ether (ETH), approximately worth $7.5 million, on May 28. (Read More)

Curve Finance CEO Michael Egorov and Spouse Acquire Two Melbourne Mansions, Amassing an Impressive 5663 Square Metre Estate

In an unprecedented move showcasing a hefty investment in Australia's property market, Curve Finance(CRV) CEO Michael Egorov and his wife Anna have made a grand purchase in the heart of Melbourne, (Read More)

Huobi Global Faces Mounting Challenges: Trademark Dispute, Legal Troubles, and Operations Suspension

Huobi Global, a prominent cryptocurrency exchange, is encountering significant challenges on multiple fronts, encompassing a trademark dispute, allegations of fraud against a key person, and an order to halt its operations in Malaysia. (Read More)

Binance Halts Certain Trading Pairs and Disables PayID AUD Deposits Amid Tightening Australian Regulations

In an ongoing adaptation to tighter Australian regulations, Binance, the world's largest cryptocurrency exchange, has announced significant changes affecting its Australian users. (Read More)

World Economic Forum Paves Way for Global Crypto-Asset Regulation

The World Economic Forum (WEF) recently published a white paper titled "Pathways to the Regulation of Crypto-Assets: A Global Approach," advocating for a collaborative approach towards crypto regulation on a global scale. (Read More)

My Neighbor Alice and ELLE: a Groundbreaking Collaboration for an Unprecedented Web3 Gaming Experience

In a landmark partnership, My Neighbor Alice (MNA) has teamed up with the iconic brand ELLE to create a unique and immersive gaming experience that showcases the best of both worlds. (Read More)

Binance CEO Highlights CCTV's Crypto Coverage amid Market Uncertainties

Binance CEO, Zhao Changpeng, has offered an optimistic view following a recent cryptocurrency-focused broadcast by China Central Television (CCTV). (Read More)

Binance Aids US Law Enforcement in Seizing $4.4 Million Linked to North Korean Cybercrimes

Leading cryptocurrency exchange Binance has assisted US law enforcement in seizing $4.4 million and freezing accounts associated with North Korean organized crime. (Read More)

Coinbase Incubated Base Network Sets Sights on Mainnet Launch: A Boon for Ethereum Layer 2 Ecosystem

Base, an Ethereum Layer 2 (L2) network backed by Coinbase, is preparing for a mainnet launch, bringing its secure, low-cost solution for decentralized app (dApp) development to the forefront of the blockchain world. (Read More)

Binance's Chief Communications Officer Debunks Reuters' Claims, Denies Alleged Financial Irregularities

Binance's Chief Communications Officer, Patrick Hillmann, took to Twitter to vehemently deny allegations of Binance commingling customer and company funds as reported by Reuters. Hillmann called out the story as weak and filled with conspiracy theori...

Binance Accused of Commingling Customer Funds and Revenue, Says Reuters Report

Binance, the world's largest cryptocurrency exchange, is facing allegations of having commingled customer funds with company revenue in 2020 and 2021, violating U.S. financial rules that mandate the segregation of customer money, according to a speci...

Crypto Analyst Warns of Alleged $31.6 Million Rug Pull by Fintoch

ZachXBT, a renowned crypto analyst, recently alerted his followers on Twitter about a probable exit scam by the team behind Fintoch. (Read More)

Ark Investment: U.S. Crypto Innovation Threatened by Regulatory Ambiguity

According to ARK Investment Management, a well-respected global asset manager and advocate of bitcoin, these developments are causing crypto liquidity in the U.S. to decrease substantially and leading to greater volatility in crypto prices. (Read Mo...

Anthropic Lands $450 Million Investment to Develop Reliable AI Products and Advance AI Safety

Artificial Intelligence (AI) innovator Anthropic announced today a landmark $450 million Series C funding round, securing significant investment to enhance its reliable AI products. (Read More)

Ledger Postpones the Launch of Ledger Recover Amid Criticisms Aming to Improve Transparency and Security

In light of recent backlash from the crypto community, Ledger, a prominent hardware wallet company, has decided to postpone the launch of its Ledger Recover service. (Read More)

IOSCO Releases Landmark Policy Recommendations for Crypto and Digital Asset Markets

The International Organization of Securities Commissions (IOSCO), a leading international body of securities regulators, recently published an influential report titled 'Policy Recommendations for Crypto and Digital Asset Markets Consultation Report....

Hong Kong SFC Finalizes Regulatory Framework for Virtual Asset Trading Platforms

The Securities and Futures Commission (SFC) of Hong Kong concluded a consultation period today, revealing the finalized regulatory requirements for operators of virtual asset trading platforms licensed by the SFC. (Read More)

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