Cryptocoins News / Blockchain - 2 years ago
US prosecutors seek a sentence of at least 7 years imprisonment for Reginald Fowler, a former minority owner of the Minnesota Vikings NFL team, over his alleged involvement in shadow banking practices through Crypto Capital Corp, an alleged crypto sh...
Cryptocoins News / Blockchain - 2 years ago
Former US President Donald Trump's digital non-fungible token (NFT) trading cards were launched on Polygon, with 38,001 minted at $99 each. The collection generated over $1.2 million in trading volume, with a 10% creator fee generating over $100,000....
Cryptocoins News / Blockchain - 2 years ago
Rebase co-founder Edmond Truong is being sued by Krzysztof Gagacki, who claims to be a co-founder of the nonfungible token (NFT) project. Gagacki alleges that Truong misappropriated $2 million into a separate wallet owned and controlled by him withou...
Cryptocoins News / Blockchain - 2 years ago
Paxful, a peer-to-peer cryptocurrency marketplace, has unfrozen 88% of previously frozen user accounts after suspending operations. The remaining $4.4 million in frozen funds is in the hands of US financial regulators. (Read More)
Cryptocoins News / Blockchain - 2 years ago
The US Securities and Exchange Commission (SEC) has charged Bittrex and its former CEO William Shihara for operating an unregistered national securities exchange, broker, and clearing agency. The SEC argued that tokens traded on Bittrex, including OM...
Cryptocoins News / Blockchain - 2 years ago
Kyber Network has advised liquidity providers to remove their funds due to a potential vulnerability in the Kyberswap Elastic decentralized crypto exchange. No funds have been lost, and farming rewards have been temporarily suspended until a new smar...
Cryptocoins News / Blockchain - 2 years ago
The NYDFS will assess supervisory costs from licensed crypto firms in the state of New York to add top talent to its virtual currency team. This new regulation provides the Department with additional tools and resources to regulate the virtual curren...
Cryptocoins News / Blockchain - 2 years ago
CoinGecko's Q1 2023 Crypto Industry Report shows Bitcoin as the best-performing asset, with a gain of 72.4%. DeFi and NFTs have also surged, while stablecoins saw a drop in market cap due to Binance USD shutdown and USDC depeg. The overall market cap...
Cryptocoins News / Blockchain - 2 years ago
African blockchain ventures experienced a 429% increase in funding, surpassing the global average of 4%. Seychelles and South Africa accounted for 81% of the funding, and Nigeria had the highest number of deals but only accounted for 3.4% of funding....
Cryptocoins News / Blockchain - 2 years ago
Alchemy's Q1 2023 report shows Ethereum layer 2 networks, including Optimism, Arbitrum and Polygon, saw a 44% increase in bridged crypto assets compared to Q4 2022, and a 518% increase compared to Q1 2022. The report suggests this growth may have bee...
Cryptocoins News / Blockchain - 2 years ago
Financial services provider Unchained Capital has raised $60 million in a Series B funding round led by Valor Equity Partners. The company uses multi-signature technology to provide a more secure way to hold Bitcoin, allowing clients to share control...
Cryptocoins News / Blockchain - 2 years ago
Twitter has added Bitcoin price quotes to its social media platform, powered by TradingView. A link to Israeli cryptocurrency exchange eToro is also included, where users can buy or sell Bitcoin. (Read More)
Cryptocoins News / Blockchain - 2 years ago
US House Financial Services Committee Chair Patrick McHenry criticized the SEC’s approach to digital assets at an oversight hearing, demanding clear rules for crypto through legislation and pressing SEC Chair Gary Gensler for a definitive answer on w...
Cryptocoins News / Blockchain - 2 years ago
The Blockchain Association has filed Freedom of Information Law requests to the Federal Housing Finance Agency and the New York Department of Financial Services, seeking more information on the de-banking of crypto companies after the closure of Sign...
Cryptocoins News / Blockchain - 2 years ago
United States Representative Warren Davidson has announced plans to introduce legislation that would remove SEC Chair Gary Gensler from his role and replace it with an Executive Director that reports to the Board. The move follows the SEC's proposed...
Cryptocoins News / Blockchain - 2 years ago
Over 1 million ETH, worth $2.1 billion, has been withdrawn from Ethereum's Beacon Chain within the first four days of the Shapella hard fork, with nearly 87% of active validators now able to withdraw their staked Ether. Despite initial community unce...
Cryptocoins News / Blockchain - 2 years ago
Aave's proposal to launch on the zkSync Era Mainnet has received over 99% support from AAVE tokenholders. The launch will initially be limited to USDC and ETH, and if successful, could introduce new users to decentralized finance and cement Aave's po...
Cryptocoins News / Blockchain - 2 years ago
Bittrex, a US-based cryptocurrency exchange, may face legal action from the US Securities and Exchange Commission (SEC) over alleged violations related to investor protection, despite preparing to shut down its local operations. (Read More)
Cryptocoins News / Blockchain - 2 years ago
Binance's BNB Chain has added 191 new high-risk projects and decentralized applications (DApps) to its weekly red alarm list. The list is based on smart contract assessment and includes projects suspected of issuing fake tokens, having high tax fees,...
Cryptocoins News / Blockchain - 2 years ago
Chinese banks are collaborating with cryptocurrency companies in Hong Kong, providing account services and acting as settlement banks. Despite China's crackdown on crypto in the mainland, the country's state-affiliated banks are building partnerships...
Cryptocoins News / Blockchain - 2 years ago
The sovereign investment arm of Bhutan, estimated to manage around $2.9 billion in assets, has invested millions in cryptocurrencies without disclosing it to the public. The investments were revealed after crypto firms BlockFi and Celsius filed for b...
Cryptocoins News / Blockchain - 2 years ago
MoneyTap, the Ripple-based payment system, has expanded in Japan with three new local bank integrations through SBI Remit. This enables the banks to offer peer-to-peer remittance services to their customers via the MoneyTap mobile application, which...
Cryptocoins News / Blockchain - 2 years ago
BlackStar Enterprise Group plans to conduct over-the-counter stock trading on-chain and has sought registration with the SEC after two years of development and regulatory communication. (Read More)
Cryptocoins News / Blockchain - 2 years ago
Kaspersky, a Russian cybersecurity and anti-virus provider, has reported a 40% year-on-year increase in cryptocurrency phishing attacks in 2022. The attacks involve reaching out to investors through fake websites and communication channels that mimic...
Cryptocoins News / Blockchain - 2 years ago
Elon Musk is reportedly assembling a team of AI researchers and engineers to launch an AI startup to compete with OpenAI. Musk is said to be in talks with existing investors from SpaceX and Tesla for investment in the new venture. In addition, Musk h...
