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1 year, 7 months agoOn's Success in the Luxury Sneaker Market Surpasses Adidas and Nike
On, the Swiss sports shoe brand, is experiencing tremendous success in the global market. In just 13 years, it has become a major player, competing with industry giants like Nike, Adidas, and Puma. On’s growth is u…
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1 year, 7 months ago
Blockchain.com Raises $110 Million in Series E Funding, Valuation Drops by Over 50%
Crypto exchange and wallet provider Blockchain.com has recently closed a $110 million Series E financing round, led by UK-based venture capital firm Kingsway Capital. This investment has resulted in a significant…
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1 year, 7 months agoBGX Invests $90 Million in OSL, Fueling Growth in Digital Asset Market
BC Technology Group, the parent company of OSL, a publicly listed crypto exchange, has received a strategic investment of HK$710 million (approximately $90 million) from BGX, the operator of the BitgetX platform.…
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1 year, 7 months agoFounders of Opyn DeFi Protocol Step Down and Exit Crypto Industry
Zubin Koticha and Alexis Gauba, the founders of the Opyn decentralized finance (DeFi) protocol, have announced their departure from the project and their decision to leave the crypto industry. This news comes after…
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1 year, 7 months agoCrypto.com Receives VASP License from Dubai's VARA, Expanding Presence in the Middle East
Crypto.com, a leading cryptocurrency exchange, has been granted a Virtual Assets Service Provider (VASP) license by Dubai’s Virtual Assets Regulatory Authority (VARA). This license allows Crypto.com to offer a r…
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1 year, 7 months agoGROK Token Plummets Over 50% as Developer Linked to Past Crypto Scam
GROK, a memecoin inspired by Elon Musk’s Grok xAI chatbot service, has experienced a significant drop in value after it was revealed that its developer has a history of involvement in crypto scams. Despite its n…
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1 year, 7 months agoUniswap Labs Launches Android Mobile Wallet App with Built-in Swap Capability
Uniswap Labs has released an Android mobile wallet app on the Google Play store, allowing users to make swaps through the decentralized exchange (DEX) directly within the app. This eliminates the need for a…
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1 year, 7 months agoDubai-based Crypto.com Secures Regulatory Approval with VASP License
In a significant development, Crypto.com, based in Dubai, has obtained regulatory approval with the issuance of a Virtual Assets Service Provider (VASP) license from the city’s regulatory authority. This m…
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1 year, 7 months agoRipple vs. SEC Lawsuit Enters Critical Phase with Firm Timeline for Remedies
In the ongoing legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC), the court has established a firm timeline for the remedies phase of the lawsuit. This phase is critical as it will…
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1 year, 7 months agoBitcoin's Future: Clash of Predictions as ETF Decision Looms
In the midst of discussions surrounding the potential approval of a Bitcoin spot price exchange-traded fund (ETF) in the United States, market analysts and cryptocurrency experts are divided on the future of…
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1 year, 7 months agoRaft DeFi Protocol Suffers $6.7 Million Security Breach and R Stablecoin Depegging
Raft, a decentralized finance platform, recently experienced a security breach despite undergoing multiple security audits. The breach resulted in a loss of $6.7 million worth of funds. The hacker exploited a smart…
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1 year, 7 months agodYdX Chain Enters Beta Mainnet Stage, Enabling Active Trading Across 33 Markets
The dYdX Chain has reached a significant milestone with the launch of its beta mainnet, allowing active trading across 33 markets. Users can now trade on the dydx.trade platform with up to 20x leverage. However,…
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1 year, 7 months agoXRP Ledger Set for Upgrade to Address NFT Challenges and Enhance Security
In a groundbreaking development for the Ripple (XRP) community, a new upgrade for the XRP Ledger (XRPL) is on the horizon. The “fixNFTokenRemint” amendment has passed the required consensus target and is now set…
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1 year, 7 months agoOpyn Undergoes Leadership Change Amid Regulatory Pressure
Opyn, a prominent options protocol in the decentralized finance (DeFi) space, is undergoing a significant leadership change in response to regulatory actions by the Commodity Futures Trading Commission (CFTC).…
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1 year, 7 months agoCrypto.com's Dubai Entity Receives VASP License, Boosting Dubai's Position as a Global Hub for Virtual Assets
Crypto.com’s Dubai entity, CRO DAX Middle East FZE, has obtained a Virtual Assets Service Provider (VASP) License from Dubai’s Virtual Assets Regulatory Authority (VARA). This license allows Crypto.com’s Dubai…
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1 year, 7 months agoAave Resumes Operations After Addressing Security Vulnerabilities
Aave, the decentralized lending protocol, has resolved security vulnerabilities and resumed its operations. The Community Guardian has unpaused Aave V3 markets, indicating that the issues have been resolved. A…
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1 year, 7 months agoCryptocurrency Industry Opposes Proposed Tax Regulations, Citing Threat to Decentralized Finance
The cryptocurrency industry is pushing back against proposed regulations that would require more entities to disclose digital currency transactions. The US Treasury Department released draft guidelines in August…
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1 year, 7 months agoUS Court Approves Protective Order in SEC vs. Binance Lawsuit
A significant development has occurred in the ongoing legal battle between the US Securities and Exchange Commission (SEC) and Binance entities, including CEO Changpeng Zhao. The US court has approved a protective…
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1 year, 7 months agoRipple Executive Advocates for Technology-Neutral Approach to Cryptocurrency Regulation
A Ripple executive has emphasized the importance of adopting a technology-neutral approach to cryptocurrency regulation. Navin Gupta, managing director of South Asia, Middle East, and North Africa at Ripple,…
