Category : Blockchain

Blockchain

Cardano's New Algorithmic Stablecoin DJED

ADA, Cardano's native token, backs the algorithmic stablecoin, which is tied 1:1 to the US dollar. (Read More)

Greenidge Reduces Debt with NYDIG

Greenidge lowered its NYDIG debt by 76% by relinquishing partial ownership of Bitcoin mining gear and credits. (Read More)

Tesla's $140 Million Bitcoin Loss Shows the Risk of Crypto Holdings

Q1 2021 Tesla spent $1.5 billion on Bitcoin. (Read More)

Poundtoken and BitcoinPoint will make the country's first 100% backed GBP stablecoin

Two UK firms employ ATM stablecoins to make Britain a "crypto centre." (Read More)

US senators write to Silvergate Capital for answers on FTX collapse

Senators Elizabeth Warren, Roger Marshall, and John Kennedy stated Silvergate had not adequately addressed its improper management of FTX customer cash. (Read More)

Ethereum to Launch Zhejiang Public Withdrawal Testnet

Staked Ethereum is frozen until the Shanghai update. (Read More)

The Philippines SEC seeks to bring cryptocurrencies under its scope

The Philippines Securities and Exchange Commission (SEC) has suggested new cryptocurrency regulations to improve its control. (Read More)

Secret Network Validator Smart Stake to Shut Down Nodes

Smart Stake will no longer provide validator services to the Secret Network in light of an internal leadership conflict and transparency concerns. (Read More)

The launch of a nonfungible token protocol on the Bitcoin mainnet

On Jan. 21, Bitcoin introduced "Ordinals," an NFT-like programme. However, meme-inspired JPEGs are filling Bitcoin blockspace. (Read More)

Trial between Hermes and NFT Artist Mason Rothschild set to go ahead

Hermès and digital artist Mason Rothschild's lawsuit is a "momentous turning point for Web3 and digital products." (Read More)

USDC issuer Circle releases accountant-verified report

Circle's newest reserve report shows $44.5 billion USDC stablecoin assets. (Read More)

The Bitcoin mining community has experienced a 50% increase in revenue through mining

Bitcoin mining income dropped to $13.6 million on Dec. 28, 2022, putting pressure on mining businesses. (Read More)

Binance shuts down accounts in relation to Bitzlato investigation

The U.S. Department of Justice announced action against Binance, which blocked accounts due to the Bitzlato probe. (Read More)

Charity Commission investigating Effective Ventures Foundation over ties to FTX

The Charity Commission for England and Wales began the probe because crypto exchange FTX is a "major sponsor" of Effective Ventures Foundation. (Read More)

Digital Asset Investments Surge to $117 Million

Last week, digital asset investment products experienced record inflows and volumes. (Read More)

Montenegrin Prime Minister Dritan Abazovic has announced a pilot digital currency project

After meeting with Ripple at the World Economic Forum, Montenegrin Prime Minister Dritan Abazovic launched a prototype digital currency initiative. (Read More)

Core Scientific seeks to sell $6.6 million in Bitmain coupons

On Jan. 25, bankrupt Bitcoin mining business Core Scientific filed an emergency move to sell Bitmain coupons. (Read More)

Hackers Launder $27 Million in Stolen Ethereum From North Korean

North Korean exploiters laundering June 2022 Harmony Bridge assault funding. (Read More)

The California DMV is set to digitize car titles and title transfers

The project modernises the DMV's record-keeping and reduces fraud by dealers selling defective autos. (Read More)

Azuki's Twitter Account Hacked, Over $750,000 Stolen

Azuki, a popular nonfungible token project, had its Twitter account hacked, stealing almost $750K in USDC in 30 minutes. (Read More)

Silvergate Bank Suspends Dividend Payments to Preserve Liquidity

Silvergate's board "shall re-evaluate the payment of quarterly dividends as market circumstances change." (Read More)

U.S. President Joe Biden's administration released a statement on Jan 27

The White House developed a "road plan" to mitigate bitcoin concerns via congressional initiatives. (Read More)

Binance CEO Warns Traditional Institutions Against Reducing Exposure to Crypto

Investors steadily recovering from 2022 backed CZ's long-term bet on crypto sceptics. (Read More)

U.S. District Court Hears Sam Bankman-Fried

Sam Bankman-lawyers Fried's want FTX's money released from bail. (Read More)

U.S. Representative French Hill offers insights into digital asset regulations

French Hill urges the Senate to create innovative crypto rules. (Read More)

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