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1 year, 11 months ago
Lido Finance to Phase Out Operations on Solana Blockchain
Renowned staking solution Lido Finance has announced its decision to discontinue operations on the Solana blockchain. The move comes after a thorough discussion and voting process within the Decentralized…
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1 year, 11 months agoRipple Job Posting Fuels Speculation of Potential IPO
Ripple, the blockchain payments company known for its cryptocurrency XRP, has posted a job opening for a shareholder communications senior manager. This has sparked speculation that Ripple may be preparing to go…
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1 year, 11 months agoFederal Reserve Governor Michelle Bowman Expresses Concerns Over Financial Innovation and Calls for Regulatory Framework
Federal Reserve Board governor Michelle Bowman expressed her views on financial innovation during a speech at Harvard Law School. She discussed topics such as central bank digital currency (CBDC), stablecoin, and…
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1 year, 11 months agoSilk Road Hacker Accidentally Incriminates Himself on Police Body Cam Footage
Police body cam footage has revealed the moment a hacker unknowingly incriminated himself by opening a laptop containing thousands of Bitcoin in front of federal investigators. James Zhong was charged by the US…
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1 year, 11 months agoFed Governor Michelle Bowman Expresses Skepticism of US CBDCs
Federal Reserve Governor Michelle Bowman expressed skepticism about the benefits of central bank digital currencies (CBDCs) during a roundtable discussion in Washington, D.C. She questioned whether a U.S. CBDC…
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1 year, 11 months agoBinance.US Suspends Dollar Withdrawals Amid SEC Legal Battle
Binance.US, the US-based unit of cryptocurrency exchange Binance, has suspended dollar withdrawals from its platform amid an ongoing legal battle with the US Securities and Exchange Commission (SEC). Customers can…
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1 year, 11 months agoBRICS Economies Shift from US Dollar for Oil Trade, Saving Billions: Is Bitcoin Poised to Challenge the USD as Global Settlement and Reserve Currency?
BRICS countries, including China, India, Saudi Arabia, and the UAE, are shifting away from the US dollar in their oil trade dealings with Russia. By settling trade in their local currencies, such as the Chinese…
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1 year, 11 months agoCrypto Investment Landscape Shifts Towards Strategic Approach and Anticipation of BTC ETF
In a recent interview, Evan Cheng, CEO of Mysten Labs, discussed the changing dynamics of the crypto investment landscape. Cheng believes that the hype-driven bull run in the crypto market will soon give way to a…
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1 year, 11 months agoRipple Labs Sparks Speculation with Job Posting for Shareholder Communications Senior Manager
Ripple Labs, the blockchain-based payment protocol company, has sparked speculation about a potential Initial Public Offering (IPO) with a recent job posting for a “Shareholder Communications Senior Manager.” Thi…
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1 year, 11 months agoUS Treasury Secretary Janet Yellen Sparks Debate with Statement on Affordability of Two Wars
In a recent interview, U.S. Treasury Secretary Janet Yellen has sparked a heated debate with her statement that the United States can “certainly afford” to engage in two wars simultaneously. This comes at a tim…
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1 year, 11 months agoPlatypus Finance Recovers 90% of Stolen Assets After Security Breach
Decentralized finance (DeFi) protocol Platypus Finance has announced that it has recovered 90% of the assets that were stolen in a recent security breach. The protocol’s net loss was limited to 18,000 Avalanche t…
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1 year, 11 months agoFederal Reserve Board Member Questions Effectiveness of US CBDC in Solving Payment System Issues
In the ongoing debate surrounding the issuance of a central bank digital currency (CBDC) in the United States, Federal Reserve Board member, Bowman, has expressed skepticism. While various arguments have been put…
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1 year, 11 months agoScroll Launches Mainnet, Offering Faster and Cheaper Ethereum Transactions
Scroll, an Ethereum layer 2 network powered by zero-knowledge proofs, has officially launched its mainnet. The network aims to enhance the speed and reduce fees for developers using Ethereum. Scroll’s mainnet r…
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1 year, 11 months agoTerraform Labs Files Lawsuit Against Citadel Securities Over Alleged Manipulation of Terra's UST Stablecoin
Terraform Labs, the company behind the Terra blockchain ecosystem, has filed a lawsuit against Citadel Securities, accusing the market-making giant of manipulating Terra’s UST stablecoin. The lawsuit alleges that C…
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1 year, 11 months agoFTX Customers to Recover Majority of Missing Assets in Proposed Settlement
After conducting thorough investigations, it has been revealed that a significant amount of funds is missing from FTX customer assets. In response to this, FTX Trading Ltd and its associated debtors have proposed a…
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1 year, 11 months agoBitGo Acquires HeightZero to Meet Growing Demand for Crypto Wealth Management
Cryptocurrency custody specialist BitGo has acquired HeightZero, a software platform that helps wealth managers incorporate cryptocurrencies into their clients’ portfolios. The financial details of the a…
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1 year, 11 months agoIOTA Selected to Participate in UAE's Official Startup Delegation at CEATEC, Showcasing Global Impact in Web3 and Web2
The IOTA Foundation has been selected to participate in the official startup delegation of the United Arab Emirates (UAE) at the CEATEC conference in Japan. This recognition highlights IOTA’s contribution to a…
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1 year, 11 months agoBinance.US Updates Terms of Service, Discontinues Direct USD Withdrawals
Cryptocurrency exchange Binance.US has made changes to its terms of service, indicating that direct withdrawals in USD are no longer supported on the platform. The updated terms state that users can convert their…
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1 year, 11 months agoRise in Traditional Banking Scams Signals Shift in Fraud Tactics in Ireland
Scam artists in Ireland are shifting their focus from cryptocurrency scams to targeting traditional banking customers, according to the Irish Independent. With a decline in cryptocurrency scams due to the bear…
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1 year, 11 months agoBankruptcy Courts Take Charge of Crypto Regulation in the US
In the absence of specific policies, the regulation of cryptocurrency in the United States has fallen into the hands of judges in bankruptcy proceedings. This situation has both positive and negative implications…
