Cryptocoins News / Blockchain - 2 years ago
MakerDAO has voted to keep USDC as the primary collateral for Dai, rejecting a proposal to diversify into GUSD and USDP. The decision was made based on reduced risks from a cascading bank run in the US and USDC's return to a $1 peg. (Read More)
Cryptocoins News / Blockchain - 2 years ago
Deutsche WertpapierService Bank (Dwpbank) is launching wpNex, a platform that will offer Bitcoin to its affiliates’ retail customers without requiring additional Know Your Customer procedures. The platform will also include other cryptocurrencies, di...
Cryptocoins News / Blockchain - 2 years ago
Mastercard has partnered with Stables to allow retail customers in the Asia-Pacific region to spend and save USDC through its network. Meanwhile, worldwide banking turmoil has not slowed the blending of traditional and decentralized finance (DeFi)....
Cryptocoins News / Blockchain - 2 years ago
Animoca Brands, a Hong Kong-based developer of blockchain gaming technology, has reduced its target for its metaverse fund by 20% to $800 million due to volatility in the crypto sector. The company's market capitalization has also fallen from $6 bill...
Cryptocoins News / Blockchain - 2 years ago
The U.S. SEC has issued a Wells notice to Coinbase. As a result, Coinbase warns that the U.S. government’s regulatory approach to crypto has created an uncertain and unstable environment. Meanwhile, other countries, such as France, the U.K., and the...
Cryptocoins News / Blockchain - 2 years ago
Venture capital firm Animoca Brands denies claims of reducing its metaverse fund target by $200 million and a significant drop in its valuation, citing inaccurate reporting. The firm acknowledges the impact of banking collapses on fundraising but sta...
Cryptocoins News / Blockchain - 2 years ago
NFT collector accidentally sends a CryptoPunk NFT worth 77 ETH to a burn address, intending to borrow money against it to buy another NFT. (Read More)
Cryptocoins News / Blockchain - 2 years ago
Sony Interactive Entertainment has filed a patent for a framework allowing users to transfer and use NFTs across multiple game platforms. (Read More)
Cryptocoins News / Blockchain - 2 years ago
Hackers dropped a phishing link into Arbitrum's Discord server, offering the opportunity to re-claim additional stake in Arbitrum DAO Governance. The link prompted unsuspecting victims to enter personal information, leading to a potential scam. Inves...
Cryptocoins News / Blockchain - 2 years ago
The US Federal Reserve has denied Custodia Bank's membership application due to concerns over its involvement in the crypto industry. The Fed cited heightened illicit finance and safety and soundness risks, as well as a lack of a sufficient risk-mana...
Cryptocoins News / Blockchain - 2 years ago
The recent Wells notice issued by the SEC to Coinbase, along with other legal threats against crypto firms, has raised concerns among industry experts that the US crackdown on cryptocurrencies could stifle innovation and weaken the dollar. Some belie...
Cryptocoins News / Blockchain - 2 years ago
OpenAI has introduced a new plugin feature for its AI chatbot, ChatGPT, allowing it to retrieve information from online sources and interact with third-party websites. The feature is in the alpha phase and will only be available to a limited set of u...
Cryptocoins News / Blockchain - 2 years ago
Investment management firm ARK Invest, led by Cathie Wood, has resumed buying shares of Coinbase, purchasing 268,928 shares worth $17.88 million through its ARKK Innovation and ARKW Next Generation Internet exchange-traded funds on March 23. This cam...
Cryptocoins News / Blockchain - 2 years ago
Environmental group Greenpeace commissioned an art piece dubbed the "Skull of Satoshi" to highlight the climate impact of Bitcoin mining, but the piece has been praised by Bitcoin supporters who want to adopt it as their mascot. The 11-feet-tall skul...
Cryptocoins News / Blockchain - 2 years ago
Hackers have reportedly stolen $500,000 worth of tokens from Arbitrum’s airdrop by using vanity addresses to redirect the airdropped tokens to their own addresses. The use of vanity addresses to claim crypto assets has been known to compromise the se...
Cryptocoins News / Blockchain - 2 years ago
A report by CNBC alleges that employees and volunteers at Binance have been helping customers in China bypass the exchange's Know Your Customer Controls (KYC). The report points to Binance's Chinese-language chat rooms where users can access shared m...
Cryptocoins News / Blockchain - 2 years ago
A blockchain analysis platform revealed that two "super airdrop hunters" consolidated tokens worth $3.3 million from 1,496 wallets into two wallets. One wallet received 1.4 million ARB from 866 addresses, adding all the tokens to Uniswap, while the o...
Cryptocoins News / Blockchain - 2 years ago
Some of the biggest names in decentralized finance, including Uniswap, Sushi, Maker, and Curve, are set to launch on zero-knowledge proof roll-up zkSync Era on March 24. The Ethereum layer 2 scaling network has opened to users in alpha after four yea...
Cryptocoins News / Blockchain - 2 years ago
Nasdaq is preparing to launch its custody services for digital assets by the end of Q2 2022, starting with Bitcoin and Ether. The exchange has applied for a limited-purpose trust company charter from the New York Department of Financial Services to o...
Cryptocoins News / Blockchain - 2 years ago
Cryptocurrency exchange Zipmex has missed the latest payment under its buyout agreement with venture capital firm V Venture. Without the $1.25 million payment, the Singapore-based exchange warned it may have to begin liquidating one of its units and...
Cryptocoins News / Blockchain - 2 years ago
The Federal Reserve Chairman has admitted to being blindsided by the sudden collapse of Silicon Valley Bank (SVB) despite being under their supervision. The collapse of SVB has prompted an internal investigation led by the Vice Chairman to look into...
Cryptocoins News / Blockchain - 2 years ago
Crypto executives provided a DeFi crash course to the CFTC during their first Technology Advisory Committee meeting. Topics included blockchain technology, decentralization, digital identity, and exploits and vulnerabilities. (Read More)
Cryptocoins News / Blockchain - 2 years ago
Coinbase CEO, Brian Armstrong, compared the SEC to “soccer refs” in a game of pickleball, criticizing the regulator for their lack of clarity around crypto regulation. The comments came after Coinbase revealed they had been issued a Wells notice, whi...
Cryptocoins News / Blockchain - 2 years ago
Independent Reserve, an Australia-based cryptocurrency exchange, is exploring opportunities to expand its business in Hong Kong following the city’s recent proposal of a licensing regime for crypto exchanges. The company sees Hong Kong as a potential...
Cryptocoins News / Blockchain - 2 years ago
While crypto scam revenue dropped by 46%, scammers adapted and shifted their strategies to prey on people's emotions, with romance and giveaway scams on the rise. (Read More)
