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Coinbase Partners with DustAid for Crypto Donations During Christmas
A partnership forms between Coinbase and Dustaid, to donate Crypto to NSPCC, Little Edi Foundation, and Space for Giants.
MetaMask will capture IPs
MetaMask will gather IP addresses and addresses during on-chain transactions. Data gathering applies only if users utilize MetaMask's default RPC app. This information may be shared with affiliates, during commercial negotiations, or to comply with KYC and AML regulations.
J.P. Morgan’s Blockchain Quorum Acquired by ConsenSys, Taking Enterprise Ethereum to the Next Level
ConsenSys’ existing protocol engineering roadmap will be merged with Quorum, where the blockchain firm will be able to leverage both codebases.
This CryptoPunk Owner Refuses to Accept a $9.5M Bid for His Rare NFT
A Twitter user with the handle @richerd has rejected a 2,500 ETH (approximately $9.5 million) bid for CryptoPunk #6046.
SEC Files Lawsuit Against MetaMask Owner ConsenSys Over Unregistered Crypto Transactions
The US SEC has filed a lawsuit against ConsenSys, a blockchain software company, for violating federal securities laws by offering unregistered securities through its MetaMask Swaps and Staking platforms, facilitating 36 million crypto asset transactions.
Uniswap V3 Protocol License Expires, Allowing Developers to Fork Code
Uniswap V3 protocol’s Business Source License (BSL) has expired, allowing developers to fork the code and deploy their own decentralized exchange (DEX). The new “General Public License” now applies to the protocol. To fork the code, developers must use an “Additional Use Grant.”
Polygon Labs Critiques SEC Proposed Rulemaking That Threatens Permissionless Blockchain Networks
Polygon Labs, the leading blockchain technology firm, issued a response today to a proposed rule from the Securities and Exchange Commission (SEC) that redefines the term "exchange."
Ethereum Will Be Deflationary and Running on Proof-of-Stake by Year-End, says Market Analyst
Lark Davis believes that Ethereum will have cemented its status as a deflationary currency and will run on a proof of stake model by the end of 2021.
Understanding Consensus Protocols: A Comparative Study of PBFT and BBCA-Chain by Chainlink (LINK)
An exploration of sequential and parallel consensus protocols, focusing on the differences between PBFT and BBCA-Chain.
Galaxy: Ethereum Developers Discuss Key Upgrades in All Core Developers Consensus Call #135
Ethereum developers discuss major upgrades in All Core Developers Consensus Call #135.
NVIDIA CEO Jensen Huang Encourages Caltech Graduates to Embrace Unconventional Paths
NVIDIA CEO Jensen Huang urges Caltech grads to explore unconventional paths and view setbacks as opportunities.
Tezos Showcases Innovation and Community at Consensus 2024
Tezos made a significant impact at Consensus 2024, showcasing advancements, engaging the community, and exploring collaborations.
Binance to Transition UAE Resident Accounts to Binance FZE
Binance announces the transition of UAE resident accounts to Binance FZE, following a VASP license from Dubai’s VARA.
Ethereum Developers Discuss Pectra Upgrade and Client Diversity at Consensus Call #136
Ethereum developers cover Pectra upgrade, client diversity, and block validation at the All Core Developers Consensus Call #136, led by Alex Stokes.
Ethereum Developers Discuss Pectra Devnet 1 and Engine API Updates in Call #138
Ethereum developers gathered for the All Core Developers Consensus Call #138 to discuss Pectra Devnet 1, Engine API updates, and other important changes.
Mysten Labs Introduces Mysticeti to Improve Sui's Consensus Performance
Mysten Labs Chief Scientist George Danezis details how Sui's new Mysticeti consensus engine reduces latency and enhances user experience.
George Danezis Discusses Development of Mysticeti for Sui Blockchain
Mysten Labs' Chief Scientist, George Danezis, explains the development and impact of the Mysticeti consensus engine on the Sui blockchain.
Julia Leung Delivers Opening Remarks at Project Ensemble Sandbox Launch
Julia Leung delivers opening remarks at the Project Ensemble Sandbox launch ceremony, emphasizing innovation and regulatory collaboration.
HKMA Unveils Project Ensemble Sandbox to Propel Tokenisation Adoption
The Hong Kong Monetary Authority (HKMA) has launched Project Ensemble Sandbox, focusing on accelerating the adoption of tokenisation in the financial sector.
SEC's Wells Notice to OpenSea Sparks Debate Over NFTs as Securities
The SEC's Wells Notice to OpenSea raises questions about whether NFTs should be classified as securities, potentially impacting the future of digital art and collectibles.
SEC Targets OpenSea: Are NFTs Collectibles or Securities?
The SEC issues a Wells Notice to OpenSea, questioning the classification of certain NFTs as securities, potentially impacting the entire NFT market.
AI Tool Uses Sound Waves to Detect and Repair Leaky Water Pipes
A new AI tool developed by FIDO Tech uses sound waves to detect and rank water leaks, partnering with Microsoft to conserve water globally.
EOS Network Successfully Activates Spring 1.0 with Savanna Consensus Algorithm
The EOS Network completes its historic hard fork to Spring 1.0, implementing the Savanna consensus algorithm to achieve 1-second transaction finality.
Web3 Community Faces Regulatory Challenges as Consensys Fights SEC Overreach
The Web3 movement, driven by Consensys, faces significant regulatory challenges from the SEC, threatening innovation in the blockchain space.
Ethereum Developers Discuss Key Updates in Consensus Call #143
Ethereum developers convened on October 3, 2024, for the All Core Developers Consensus Call #143, focusing on updates for Pectra Devnets and PeerDAS, among other topics.
NVIDIA CEO Jensen Huang to Highlight AI Innovation at India's Summit
NVIDIA's AI Summit in Mumbai will feature CEO Jensen Huang discussing AI's impact. The event, October 23-25, includes sessions on AI's role in various industries.
EOS Network Unveils Spring 1.0 and Savanna: A Leap in Blockchain Consensus
The EOS Network Foundation has introduced Spring 1.0 and the Savanna consensus algorithm, promising advancements in finality, scalability, and security for the EOS blockchain.
AI Devices Revolutionize Wolf Conservation in Yellowstone
AI-powered devices by Grizzly Systems are deployed in Yellowstone to track wolves, aiding conservationists in understanding behavior and protecting livestock. The technology uses advanced neural networks and NVIDIA GPUs.
Fly Wing Secures In-Principle Approval for Major Payment License in Singapore
Fly Wing Technologies, a Matrixport subsidiary, receives in-principle approval from Singapore's MAS for a Major Payment Institution License, enhancing its position in digital payment services.
Sui Network Outage Resolved Swiftly Following Validator Collaboration
Sui Network experienced a brief outage due to a bug in congestion control. Swift action by engineers and validators restored operations within minutes, highlighting effective incident response.
Frosty Enhances Liveness Guarantees in Avalanche's Snow Protocols
The Frosty protocol, developed by a16z crypto and Ava Labs, introduces robust liveness guarantees to the Avalanche blockchain's Snow family, addressing challenges posed by Byzantine adversaries.
Jensen Huang to Deliver Keynote at CES 2025, Highlighting NVIDIA's Innovations
NVIDIA CEO Jensen Huang will keynote CES 2025, highlighting the company's advancements in AI and accelerated computing. The event will showcase NVIDIA's impact on various industries.
Crypto Exchange CoinZoom Receives License to Operate in Bermuda
The license will enable CoinZoom’s mission to mainstream digital asset investing and trading.
PayPal Acquires UK Crypto License
PayPal has secured a cryptocurrency license from the UK's Financial Conduct Authority, marking a strategic move amid post-Brexit adjustments, and transitioning UK clients from PayPal Europe to a new UK-based entity.
Upbit Singapore Secures MAS's MPI Licence
Upbit Singapore receives a Major Payment Institution license from MAS, marking a key step in its expansion and compliance with Singapore's regulatory standards in the digital asset sector.
US Judge Rejects Motion to Dismiss Fraud Case Made by Former OpenSea Employee
A US Judge has dismissed former OpenSea's Nathaniel Chastain's request to dismiss his insider trading charges
CryptoWallet.com Among Minority of Successful Companies to Renew Coveted Estonian License
Estonia-based crypto startup CryptoWallet.com has become one of the first crypto companies to receive a stamp of approval from Estonia’s Financial Intelligence Unit (FIU). CryptoWallet.com renewed its crypto license despite strict regulatory measures introduced last year to maintain compliance and transparency within the crypto space.
Ripple CTO Advocates for Community Consensus on XRP Ledger's AMM Feature Integration
Ripple's CTO, David Schwartz, stresses the importance of community consensus for integrating the Automated Market Maker (AMM) feature on the XRP Ledger. Through discussions on X (formerly Twitter), Schwartz outlines a methodical approach to addressing concerns and urges validators to support the amendment only after achieving community agreement. The AMM feature, seen as a significant stride in decentralized finance on XRPL, was introduced in rippled version 1.12.0 alongside a potential clawback feature aimed at legal liability protection for developers. Schwartz's engagement exemplifies a balanced approach to evolving XRPL while preserving its decentralized character.
NFT Marketplace Rarible Introduces No-Fee Minting Feature
NFT marketplace Rarible has introduced a new feature, the “lazy minting” feature, billed to lower entry barriers for all creators utilizing its platform.
Ethereum Founder Vitalik Buterin Proposes Tweaks to Improve Decentralization and Reduce Consensus Overhead
Vitalik Buterin, the founder of Ethereum, has proposed changes to the network's staking model aimed at improving decentralization and reducing the consensus layer's computational burden. The proposal includes the introduction of a two-tiered staking system involving node operators and delegators. Buterin suggests that these changes could significantly reduce the number of signatures required for consensus, thereby making it easier for more people to participate in the network's validation process.
First Jury Hearing in OpenSea Insider Trading Case
Former OpenSea product manager Nathaniel Chastain faces charges of wire fraud and money laundering for allegedly using insider knowledge to buy and sell NFTs for a profit. The case may have a significant impact on the legal classification of NFTs, with concerns that they could be labeled as securities.
Former OpenSea Staff Asks Court to Withdraw Insider Trading Charges
Following the indictment of Nathaniel Chastain, a former Head of Product at the NFT marketplace OpenSea, a new petition has now been filed by his lawyers, requesting the court to dismiss the case as it lacks merit.
OpenSea Acquires Crypto Wallet Dharma Labs for Undisclosed Amount
OpenSea, a leading marketplace for non-fungible tokens (NFTs), announced that it had bought cryptocurrencies digital wallet Dharma Labs for an undisclosed amount.
Bitcoin Miner Integrated Ventures Sees Decline in Annual Revenue Despite Higher BTC Production
Integrated Ventures Inc. reported a yearly mining revenue of $3,862,849, despite an increase in Bitcoin production to 162.71 BTC in 2023 from 108.29 BTC in 2022. The dip in revenue is attributed to the declining cryptocurrency market with the average dollar value of mined Bitcoin dropping significantly.
US Investment Giant Charles Schwab Not Interested in Direct Trade of Crypto
Charles Schwab the US-based brokerage giant, which manages over $3.2 trillion in assets, are dismissing cryptocurrencies for the time being. This decision comes in spite of their competitors ‘Fidelity’ rushing to embrace this new market.
Philippines Central Bank to Suspend Issuing Licenses to New Virtual Asset Service Firms
The central bank said it will stop processing licenses for new virtual asset services providers (VASP) for three years.
US Senate Introduces DEFIANCE Act to Combat AI-Generated Nonconsensual Deepfakes
The US Senate has proposed the DEFIANCE Act in response to the increasing spread of AI-created, nonconsensual explicit imagery, exemplified by recent deepfake incidents involving Taylor Swift. This bill aims to provide legal recourse for victims and criminalize the production and distribution of such content.
HashKey Launches Wealth Management Platform for Institutional Investors
HashKey Group has launched a wealth management platform for professional and institutional investors in response to growing demand for virtual assets. The Hong Kong-based digital asset firm is expanding its over-the-counter trading service and increasing its liquidity coverage to 24/7.
Hedera Hashgraph’s Launches New Consensus Service Which Could Be Leveraged by IBM’s Hyperledger Fabric
Hedera Hashgraph released its Hedera consensus service (HCS), which can be used by external centralized applications, including IBM’s Hyperledger Fabric. Hedera Hashgraph’s governance board includes Boeing, Deutsche Telekom, IBM, Nomura, and recently, Google.
NFT Market Sees Upward Trend with Steady Increase in Weekly Ethereum Volumes
The NFT market has seen a significant recovery, with weekly Ethereum volumes increasing from 29,704 ETH to 68,342 ETH, with marketplaces like Blur and BAYC experiencing high trade activity.
Ethereum 2.0 Continues to Gain Steam, Staked ETH Tops 10 Million
The transition to Ethereum 2.0, which was renamed the consensus layer, continues to gain momentum because the amount of staked Ether is nearly 10% of the entire ETH supply.
OpenSea Freezes Stolen Bored Apes, Sees Backlash for Lack of Decentralization
Following an apparent phishing attack, OpenSea has frozen 16 Bored Ape and Mutant Ape nonfungible tokens (NFT) owned by New York-based art curator and NFT collector Todd Kramer.
Vitalik Buterin's Insightful Financial Advice for a Prudent Portfolio
Ethereum co-founder Vitalik Buterin advises on prudent financial strategies, emphasizing diversification, savings for financial safety, a conservative portfolio, and caution against over-leveraging, blending traditional and modern investment insights.
Consensys Urges SEC to Recognize Ethereum's Advanced Safeguards in Comment Letter on ETH ETF Approval
Consensys has submitted a comment letter to the U.S. Securities and Exchange Commission (SEC) advocating for the approval of Ethereum-based exchange-traded funds (ETFs). I
OpenSea Confirms Under Phishing Attack, after Urging Users to Migrate NFTs New Addresses
Some of the users from OpenSea have been targeted explicitly through a phishing attack, resulting in NFTs lost from the NFT marketplace.
Donald Trump's NFT Success Unveils Former President's Crypto Ventures
Former U.S. President Donald Trump has made significant strides in the NFT market, as revealed in a recent financial disclosure form submitted to the Office of Government Ethics.
Trump NFT Floor Price Surges on Indictment News
The official licensed Trump Digital Trading Cards NFT project's floor price rose to 0.6 ETH ($1090) after a New York Grand Jury voted to indict former President Donald Trump. The price has since fallen back to around 0.51 ETH, still higher than its initial mint price of $99. Q1 2023 saw $4.7 billion worth of NFT trading volume, more than double that of the previous quarter, with Ethereum accounting for $4.1 billion worth of the volume.
Binance Integrates AI Chatbot ChatGPT into Its Education Platform
Binance, the cryptocurrency exchange and blockchain developer, has integrated the AI chatbot ChatGPT into its education platform, Binance Academy. The new AI-driven tool, known as Binance Sensei, sources answers from Binance Academy's education platform using machine learning to help users answer questions related to Web3. However, the integration of AI in education has sparked concerns about the potential misuse of the technology.
Jacobi Asset Management Firm Wins Approval to Launch Bitcoin ETF In Guernsey
Jacobi, an asset management firm, wins regulatory approval to launch an exchange-traded fund that tracks the prices of Bitcoin for investors across Guernsey.
OpenSea Sets New Record for Monthly Ether Trading Volumes at $3.5B
PopularNFT marketplace, OpenSea, has printed a new All-Time High (ATH) in Ethereum trading volume for January as collectors showcase their willingness to break new records in this new year.
Ripple Receives Approval for Digital Payment License from MAS
Ripple, a leading provider of enterprise blockchain and cryptocurrency solutions, has announced a significant milestone for its Singapore subsidiary, Ripple Markets APAC Pte Ltd.
OpenSea Desperate to Hire New Engineers to Relieve its Overwhelmed Staff
OpenSea is on the hunt for new staff members as NFT mania continues to grow
Will Ethereum Merge Trigger a Shift from Selling to Buying Pressure?
DeFi educator Korpi believes the merge of Ethereum will be a game-changer because structural supply will shift to structural buying.
OpenSea Adopts Scarcity Tracking Tool OpenRarity
Following the adoption, OpenRarity will help OpenSea to remove opacity as to how rare certain features in an NFT are. It will also further eliminate the use of third-party NFT scarcity tracking tools.
OpenSea Signals Integration of Solana NFTs by April
Solana NFTs will be available for buying and selling on OpenSea's website by April, the company signalled via a video on Twitter.
CertiK Outlines Mobile Blockchain Security Threats and Countermeasures
CertiK discussed security challenges of blockchain technologies on mobile platforms, including malware, insecure wallet apps, and network vulnerabilities, and provided countermeasures like reputable security solutions and regular updates.
SEC Intensifies Scrutiny on Binance Operations and Key Personnel
The Securities and Exchange Commission (SEC) escalates its examination of Binance's adherence to a Consent Order, probing asset control and employee compensation.
Crypto Firm Bits of Gold Obtains Capital Markets License from Israeli Regulator
Bits of Gold is the first crypto firm to receive this license, which will enable it to work with local banks and financial institutions.
Messari in Talks for New Funding Round That Could Raise Valuation to $300M
Blockchain data analytics startup, Messari is reportedly in talks with investors to pull new funding that can push its market valuation to $300 million.
Korea’s Jeju Island Introduces Blockchain-Fueled COVID-19 App for Tourism
To recover from COVID-19 tourism losses, South Korea has introduced a blockchain-powered digital app for visitors of Jeju Island to ensure safe travels.
Gate.io Closer To US Debut Following Local Licensing
Gate US, the U.S. branch of Gate.io, the fourth biggest cryptocurrency exchange by trading volume, claims it has operating licenses in multiple jurisdictions. Gate US would not specify what states it has gotten permits from but stated it is not accepting consumers from the nation at this time. It joins other top US exchanges by volume including Binance US and Gemini.
NFT Boom: OpenSea is Recording More Daily Volume than its Total 2020 Volume
Popular NFT Marketplace, OpenSea now processes 650x the daily transaction volumes it did for the whole of 2020.
Binance Australia Derivatives License Canceled by ASIC
ASIC has canceled the financial services license of Binance Australia Derivatives after reviewing Binance's operations in the country. Clients must close their existing derivatives positions before April 21.
OpenSea Creates Tool for NFT Creators to Enforce Royalties On-Chain
NFT marketplace OpenSea has revealed its plan to create a tool to help creators on its platform enforce creator fee payments.
OpenSea Seeks to Introduce New Security Provision
OpenSea is stepping up its game to protect its users as hundreds of non-fungible token (NFT) owners are constantly targeted by scammers.
MetaMask Adds Apple Pay Integration, Expands Options for Buying Cryptos
ConsenSys-owned crypto wallet MetaMask announced Tuesday the addition of Apple Pay integration, increasing options for buying cryptocurrencies.
New York Files Lawsuit Against Coinseed Crypto Platform for Allegedly Defrauding Thousands of Investors
New York State Attorney General, Letitia James, has filed a class-action lawsuit against Coinseed crypto platform and the company’s executives for defrauding investors more than $1 million to enrich themselves between 2017 and 2018.
Warner Music Group Artists to Own NFT Page on OpenSea
NFT marketplaces OpenSea has partnered with US-based music and entertainment giant Warner Music Group to help attract more music fans through NFT projects.
Binance Gets Business License to Offer Trading Services in Dubai
Binance has continued to make its foray into the global crypto markets. The leading exchange gets a new business license in Dubai, where the company intends to establish a regional headquarter there.
ConsenSys Hits $7 Billion Valuation in New Funding Round
ConsenSys has raised $450 million in a Series D funding round, giving the blockchain company a valuation of $7 billion.
OKX to Power Web3 Innovation as a Sponsor of Consensus 2023-Affiliated Hackathon 'Web3athon'
OKT Chain (OKTC), the EVM and Wasm-compatible chain backed by OKX, the world’s second-largest crypto exchange by trading volume, has announced its sponsorship of the upcoming Web3athon event taking place in conjunction with Consenus 2023.
Consensys Files Lawsuit Against SEC Over Ethereum Regulation
Consensys, a software development firm, has filed a lawsuit against the US Securities and Exchange Commission (SEC) and its commissioners, claiming the SEC plans to regulate Ethereum as a security, highlighting the ongoing debate on cryptocurrencies' regulatory classification and potential industry impact.
Alibaba Launches NFT Marketplace for Copyright Trading
Alibaba has launched a new marketplace for trading copyright licenses.
Ripple Gains Major Payments Institution License from Singapore's Monetary Authority
Ripple, a leading enterprise in blockchain and crypto solutions, has secured a Major Payments Institution (MPI) license from the Monetary Authority of Singapore (MAS). This follows the in-principle approval granted to Ripple in June 2023. The license will enable Ripple to continue offering regulated digital payment token services in Singapore, a key market for the company.
Paypal Crypto Owners Can Now Transfer Tokens to Wallets
Fintech giant Paypal Holdings has upgraded its crypto wallet capabilities. Users of the app can now send supported digital assets to other wallets.
NFT Monthly Trading Volume Records $4B on OpenSea
Despite being the new kid on the crypto block, non-fungible tokens (NFTs) are stamping their authority as trendy digital assets based on increased adoption.
Dubai Regulator Grants Virtual Asset License to Former Singapore Legislator's Company
The VARA license allows Calvin Cheng- a former Singaporean member of Parliament, for his Web3 company to operate within Dubai’s crypto market.
OpenSea to Lay off 20% of Employees
OpenSea, one of the largest marketplaces for NFTs, suggested that about 57 people will be laid off as it said it now has 230 employees.
ConsenSys Picked to Help Develop Phase 2 of Hong Kong's CBDC Project
Blockchain firm ConsenSys has revealed that it has been awarded a cross-border payment network study project by the Hong Kong Monetary Authority (HKMA)
Ape-Themed NFT CyberKongz Leads Top Protocols in Ethereum Burning Rate
CyberKongZ NFT project is stirring the highest burning rate in the Ethereum network, ahead of major platforms like OpenSea and Axie Infinity.
Top Lawyer Sydney Schaub Departs from Gemini by Joining Opendoor Technologies Inc.
Schaub resigned her role as general counsel of cryptocurrency exchange Gemini. She is joining an online real estate company Opendoor Technologies Inc. as a chief legal officer.
OpenSea Delists CryptoPunks V1, Following Takedown Notice From Developers
OpenSea has once again delisted the CryptoPunks V1 collection due to a Digital Millennium Copyright Act takedown notice issued by developers Larva Labs.
NFT Trading Platform Magic Eden Raises $130m at $1.6B Valuation
NFT marketplace Magic Eden has raised a new $130 million in a Series B funding round, increasing its valuation to $1.6 billion.
Libra Association Appoints Former Homeland Security General Counsel to Head Its Legal Services
Libra appoints Stevan Bunnell, former Homeland security department general counsel, as its own general counsel.
Wallet Code Bug Destroys $100,000 Worth of Ethereum on NFT Marketplace Opensea
A mysterious bug accidentally destroyed more than 42 NFT collectables worth $100,000 in the Opensea marketplace.
NFT Trading Platform Giant OpenSea Raises $100 M in Series B Funding, Becoming Next Crypto Unicorn
The well-known NFT trading platform giant OpenSea announced the completion of a US$100 million Series B financing, joining the track of crypto unicorn officially.
US House Committee to Probe Crypto Crimes in November Hearing
The US House Financial Services Committee will hold a hearing today, November 15, 2023, to examine illicit cryptocurrency activities, including money laundering and terrorist financing, and discuss the Department of Justice's focus on these crimes.
ConsenSys Sued For IP Theft by Blockchain Startup from its Own Incubator
BlockCrushr, a Canadian blockchain firm has accused ConsenSys of stealing its intellectual property after it took part in a ConsenSys’ startup accelerator program.
Alchemy Pay Expands U.S. Footprint with Iowa Money Services License
Alchemy Pay, a prominent crypto-fiat payment gateway, has secured a Money Services License in Iowa, marking a significant expansion in the U.S. market and enhancing its global compliance portfolio.
Louisiana State Congress Unanimously Pass Crypto-Business Licensing Bill
Crypto businesses may be offered a regulated path to legalization in the state of Louisiana. The proposed bill has been backed by Louisiana state representative Mark Weight. Should the bill be passed, the state would have a regulated crypto framework to operate within and would provide an official definition of traditionally ambiguous cryptocurrency-related terms.
Facebook Diem Project to Launch USD Stablecoin after Dropping Swiss License Application Plan
Diem Association is planning to move its main operations from Switzerland to the United States.
HashKey Launches as HK's First Licensed Retail Crypto Exchange, Begins BTC and ETH Trading
HashKey Exchange, Hong Kong's first licensed retail virtual asset exchange, launched on 28 August 2023, offering direct bank transfers in USD and HKD, initial fiat trading pairs, and strict compliance with the Hong Kong Securities and Futures Commission.
ConsenSys Clears Misinformation About MetaMask Tax Collection Claims
ConsenSys, the parent company of MetaMask, took to Twitter today to address and clarify a series of inaccurate claims circulating about changes in their terms of service, specifically around tax collection on crypto transactions.
Argo Blockchain Seeks $57.5M Debt Funding to Build Texas Mining facility
Argo Blockchain has filed an application with the United States Securities and Exchange Commission to offer $57.5 million worth of 8.75% senior unsecured notes to interested investors.
Ethereum Merge Might Happen in August as Testing Enters Final Round
Speaking at the Permissionless 2022 Conference in Florida, U.S., Ethereum Researcher Justin Drake disclosed that the merge might happen in August.
OpenSea Introduces New NFT Theft Policy
OpenSea, the world’s biggest marketplace for trading NFT marketplace, has updated its new policy governing the handling of stolen digital arts and general theft on its platform.
Coca-Cola Leverages Enterprise Ethereum Blockchain to Optimize Supply Chain
Coke One North America (CONA), partner of Coca Cola’s largest US-based bottling company has announced it will use the enterprise Ethereum blockchain platform the Baseline Protocol—to enhance transparency and minimize friction in its supply chain transactions.
Nansen CEO Predicts Six Key Trends in Crypto
Nansen.ai CEO, Alex Svanevik, outlined six pivotal crypto trends on Twitter, emphasizing the synergy of fintech and crypto, DeFi's potential in gambling, the growing relevance of real-world assets like T-bills, the impending rise of Web3 gaming, SocialFi's development, and Physical NFTs' retail integration. The thread also welcomed community input, reflecting on other emerging trends like blockchain in fantasy sports.
Ethereum Beats Bitcoin on the Weekly Timeframe amid Increased Optimism
Ethereum was up by 19.24% in the last seven days, which is nearly twice Bitcoin's surge during the same period of time.
Kevin Rose, co-founder of Moonbirds, falls victim to phishing attack
Moonbirds co-founder Kevin Rose. He lost about $1.1 million in NFTs to a phishing fraud.
Citi Believes The Merge Will Make Ethereum a “Yield-Bearing Asset”
Citigroup Inc. or Citi, an American multinational investment bank, disclosed that the merge would make Ethereum (ETH) a deflationary asset. As a result, the second-largest cryptocurrency will become a “yield-bearing asset.”
Opensea NFT marketplace Accuses Senior Employee of Insider Trading
Opensea has confirmed an insider trading against the company’s head of product.
Crypto Firm Change Receives License from Dutch Authority for the Financial Markets
Netherlands-based crypto firm Change gets a new license from the local financial regulator, allowing the company to provide both traditional and digital access to European clients.
OpenSea Set to Launch 2.0 Version to Enhance NFT Experience
OpenSea is launching OpenSea 2.0, a revolutionary NFT marketplace upgrade, focusing on enhanced user experiences, improved trading access, advanced security measures, and simplified user onboarding.
Solana Foundation Offers $400k Bounty for Critical Code Discovery
Jacob Creech announces a $400k bounty for discovering code that can halt Solana network, part of Solana Foundation's endeavor to ensure robust network security.
Uniswap Foundation Seeks $62.37M in Second Funding Tranche
The Uniswap Foundation has requested a second tranche of $62.37M in funding to continue its ecosystem development efforts. While the proposal outlines a comprehensive financial plan and future initiatives, some community members have raised concerns about the size of the funding request.
Blockchain-Based Driving Licenses in South Korea Hit One Million Drivers
Blockchain-powered driving licenses were made available as an option in South Korea in May.
Nigerian Police Arrest Politician Wilfred Bonse for Involvement in Patricia Technologies Financial Fraud
Nigeria Police Force arrests politician Wilfred Bonse for over 200 million Naira financial fraud at Patricia Technologies, three for romance scam, and USDT recovery in cryptocurrency fraud.
Former OpenSea Staff Charged with Insider Trading Offenses
Nathaniel Chastain, former Head of Product at OpenSea, has been arrested by the Federal Bureau of Investigation (FBI) for alleged insider trading.
NYDFS Introduces Stricter Crypto Listing and Delisting Rules
NYDFS has implemented stricter regulations for cryptocurrency businesses, enhancing investor protection through detailed risk assessments and governance, highlighting New York's proactive regulatory approach.
Solana NFTs Go Live on OpenSea
Top non-fungible token (NFT) marketplace OpenSea's long-anticipated integration with Solana has finally gone live.
Steamboat Willie Enters Public Domain, Inspires NFT and Meme Coin Craze
The public domain's "Steamboat Willie" Mickey Mouse version has sparked the creation of popular NFTs and meme coins, marking a new era in digital art and copyright freedom.
ConsenSys Acquires US Brokerage Firm to Tokenize Outdated Municipal Bonds Market
ConsenSys has made a major acquisition of a U.S brokerage Firm to put traditional municipal bonds on the blockchain.
Coinbase Wallet Rolls Out Support for NFTs
Nasdaq-listed digital currency trading platform Coinbase Global Inc has expanded the support for its self-custody wallet to include NFTs.
Total NFT Sales Hit $25B in 2021
The explosion in popularity of non-fungible tokens (NFTs) topped its sales to some $25 billion in 2021, data from market tracker DappRadar shows.
Huobi to Expand Footprints in Australia, Seeking Regulatory Approval for Crypto Trading
Huobi Global is trailing the same footprints as its counterparts as it filed its application to be registered as a digital currency exchange provider with the Australian Transaction Reports and Analysis Centre (AUSTRAC).
Greenland Financial Holdings to Apply for Virtual Asset Trading License in Hong Kong
Greenland Financial Holdings, a subsidiary of Greenland Group, is planning to apply for a virtual asset trading license in Hong Kong, according to Shanghai Securities News.
BitGo Secures MPI License Approval in Singapore
BitGo has received in-principle approval for a Major Payment Institution (MPI) license from Singapore's MAS, allowing it to expand its crypto services in the region. This aligns with Singapore's robust regulatory standards and BitGo's commitment to security in digital asset transactions.
Australian Senator Andrew Bragg: Blockchain Can 'Rebuild Confidence' in Financial Services
Australian Liberal Senator Andrew Bragg has expressed optimism on the potential of blockchain technology to help ‘Rebuild Confidence’ in the financial services sector
EY, Microsoft and ConsenSys Create a Platform For Enterprises on Ethereum Mainnet
Global accounting firm EY have launched their open-source Baseline protocol which aims to address privacy issues to encourage enterprise adoption of public Ethereum.
SEC Revokes License of ParagonCoin Crypto Startup
ParagonCoin, a crypto startup backed by rapper The Game, had its license revoked by the SEC for violating securities laws by failing to file periodic reports. The startup had held a $70 million initial coin offering in 2017, and in 2021, was found liable for more than $12 million in a class-action lawsuit. Meanwhile, other rappers like Snoop Dogg and Eminem are entering the Web3 space with NFTs and new startups.
Former OpenSea Head of Product, Nathaniel Chastain, Sentenced in Pioneering NFT Insider Trading Case
Nathaniel Chastain, former OpenSea head of product, received a three-month term for digital asset insider trading. Chastain was found guilty of "fraud and money laundering" and earning over $50,000 via NFT transactions. Insider trading in crypto and digital assets is a developing problem, with fines of up to 20 years for each offence.
Trump NFTs Generate Over $1.2M in Trading Volume
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. The initial subscription also generated $3.76 million in revenue. Meanwhile, Big Tech firm Meta has allowed teens to use its virtual reality app Horizon Worlds, and Nike launched its first NFT collection through its Web3 community platform. The Smurfs are also set to launch a new collection of NFTs on The Smurfs' Society.
Reserve Bank of Australia Will Explore Wholesale CBDC with ConsenSys Ethereum POC
The Reserve Bank of Australia has partnered with leading Australian banks and ConsenSys Software to explore wholesale CBDCs and distributed ledger technology (DLT).
FTX Gets Full Approval to Operate Crypto Exchange in Dubai
FTX has received full government approval to expand its services in Dubai. In March, the exchange obtained a partial license to offer its services in the region.
Crypto.Com Secures EMI License to Offer Bank Transfers to Maltase Customers
Crypto.com has obtained a license to operate in Malta, expanding its international footprint for its global money transfer services.
Software Provider Lukka Raises $110M in Series E at $1.3B Valuation
Lukka, an enterprise crypto-asset software and data provider, has completed its Series E fundraise, pulling $110 million from investors to raise its valuation to $1.3 billion.
SBI Invests $15 Million into Alpaca, Forges Partnership
Alpaca and SBI Holdings have entered into a strategic partnership, bolstered by a USD15 million investment, to accelerate Alpaca’s business expansion in Asia. This collaboration will extend Alpaca's services to more enterprise financial institutions in Asia for US securities transactions. The investment, a convertible note, takes Alpaca’s total funding to USD120 million, enabling further growth in the Asian market and new product introductions in the U.S.
Crypto Exchange Binance Withdraws Crypto License Application in Germany
Binance has withdrawn its application for a crypto license in Germany. The German Federal Financial Supervisory Authority (BaFin) advised the exchange to withdraw its application.
Exclusive: How Significant is Consensus As-a-service Model?
While Amazon and Microsoft launched Blockchain as-a-service (BaaS) platform in 1H 2019, Hedera Hashgraph collaborated with IBM to launch consensus as-a-service model! Is this the next upcoming tech trend for giants to follow?
10% of Ethereum Supply Staked in ETH 2.0 in Anticipation of The Merge
Ethereum 2.0, which was recently renamed the consensus layer, continues to gain steam because 12,059,714 ETH has been staked in this deposit contract.
Coinbase Bolsters Advisory Board with Security Experts
Coinbase has enlisted four national security experts to its Global Advisory Council, including former U.S. Secretary of Defense Mark Esper, former U.S. Representative Stephanie Murphy, Counterterrorism Advisor Frances Townsend, and strategist David Urban.
OpenSea Briefly Delisted Several Azuki NFTs Due to Technical Error
The Azuki NFT collection got delisted from Opensea due to a technical error that has now been fixed.
Binance Reaching a Larger User Base by Applying for Singapore’s New Crypto License
Crypto exchange Binance has applied for a license in Singapore under the country’s Payment Services Act, a new framework that came into effect on Jan. 28.
NYDFS to Assess Supervisory Costs from Licensed Crypto Firms
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 currency industry.
In Blockchain We Trust? New Paths to Religious Consensus
Religion, technology, blockchain, and AI. Deep, far-reaching concepts come together in mysterious and fascinating ways to form the basis of new religious and faith movements.
MIT Sees Ethereum’s PoS as Game Changing Tech
The Massachusetts Institute of Technology (MIT) views Ethereum’s proof of stake (PoS) consensus mechanism as a game-changer that will prompt the adoption of energy-saving technology.
Polygon Partners with NGO OCEEF for Ocean Conservation Initiatives
This collaboration between Polygon and OCEEF aims to offer interactive experiences to facilitate ocean conservation actions.
DEX Platform Velodrome Accuses Coder Gabagool of Stealing $350K
Decentralized Exchange (DEX) Velodrome has come out to make an accusation against one of its in-house developers, Gabagool, for stealing the sum of $350,000 from the platform.
Binance Secures First Operational MVP License from Dubai's VARA
Binance has become the first to receive an Operational MVP License from Dubai's Virtual Assets Regulatory Authority (VARA), enabling regulated virtual asset services.
Bitcoin of America indicted for operating unlicensed kiosks
Bitcoin of America, a Bitcoin technology firm, along with three of its executives, has been indicted for allegedly operating more than 50 unlicensed crypto kiosks in Ohio that knowingly benefited from victims of cryptocurrency scams. The firm is facing charges of money laundering, conspiracy, and other crimes connected to the operation of the kiosks, which authorities believe have been operating and evading regulatory safeguards and financial compliance requirements since 2018.
Sam Altman Reinstated as OpenAI CEO Amid Board Restructuring
Sam Altman returns as OpenAI's CEO, with a reconstituted board, after a brief ouster, underscoring his pivotal role in the AI industry.
Censorship, Cancel Culture, and Common Sense
Much as been made of so-called “cancel culture” and the power of the tech platforms globally. Here’s what I think.
Coinbase Secures Major Payment Institution License from Singapore's Monetary Authority
Coinbase has obtained a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS), marking a significant milestone in its expansion into the Asian market. The license will enable Coinbase to offer digital payment token services to both individual and institutional clients in Singapore. This move aligns with the company's strategy to tap into Singapore's growing crypto and Web3 ecosystem.
JP Morgan Looking to Merge its Blockchain Unit Quorum with ConsenSys
JP Morgan Chase & Co has been reportedly in talks with blockchain startup ConsenSys, to merge the former’s blockchain unit, Quorum with the startup.
BitGo Receives Regulatory Approval from Italy
BitGo joins other crypto firms in gaining clearance to operate in Italy.
Solana (SOL) Validators Approve "Timely Vote Credits" Proposal to Accelerate Blockchain Transactions
Solana validators have approved a proposal called "Timely Vote Credits" to reduce consensus vote latency and incentivize timely votes, potentially speeding up blockchain transactions, before implementing the mechanism.
Doppel Secures $14M in Series A Funding Led by Andreessen Horowitz
Doppel, a San Francisco-based AI digital risk protection company, secures $14M in Series A funding led by Andreessen Horowitz, aiming to enhance AI-powered brand security against digital threats like impersonation and phishing.
Andreessen Horowitz to Raise $4.5B for Two New Crypto Funds
Wallet Street Venture Capital firm Andreessen Horowitz is rallying investors for a $4.5 billion dual fund targeted at making strategic investments in the cryptocurrency ecosystem.
Virtual Money Is Regulated In Alaska
Digital currency enterprises in Alaska must receive a money transmission license by January 1, 2023. Investments and monetary worth will incorporate virtual money. Investors in Alaska, South Dakota, Wyoming, New Hampshire, Nevada, Texas, Tennessee, and Florida still pay no capital gains tax.
NFT Mania Slows with Tapering Transaction Volume on Top Marketplaces
NFT transaction volume is on the low, showing a broad disinterest in digital collectables.
Ethereum staking volume surpasses withdrawal volume post-Shapella upgrade
After the successful Shapella upgrade, Ethereum's staked ETH volume has surpassed the withdrawal volume for the first time. According to data from Nansen, more ETH is currently being staked than withdrawn, with the staking volume reaching 124,000 ETH, while the withdrawal volume is at 64,800 ETH. The majority of validators are restaking their unlocked Ether, and early withdrawals are primarily staking rewards.
FTX Announces Proposed Settlement and Amended Plan in Chapter 11 Cases
FTX has announced a proposed settlement in their Chapter 11 cases, pending court approval. The settlement includes a "Shortfall Claim" for customers and an amended Plan of Reorganization. The Official Committee of Unsecured Creditors supports the plan, expecting expedited cases and improved recoveries. Customers may receive over 90% of distributable value globally.
Opensea Opens Bulk NFT Listings & Purchases for Users
Opensea offers users the to list and buy up to 30 items in a single flow on its marketplace, citing that it’s more convenient and spends fewer gas fees than buying individually.
South Korea Intensifies Measures Against Unlicensed Crypto Exchanges
South Korea's financial regulators are urging public disclosure of unlicensed crypto exchanges, as part of their efforts to regulate the digital asset market and safeguard investors.
Staked Ethereum Surpasses Mined ETH
Ethereum locked in the ETH 2.0 deposit contract continues to outway the one being mined on a daily basis, which is a bullish sign.
China Leads APAC Nations in Google Search Trend for NFT
The latest Google Trends data shows China is the country with the most interest for Non-Fungible Token (NFT) related searches in the APAC region.
Team behind Friendsies NFT project refutes claims
NFTs Friendsies denies departing NFT after being called a "hard rug."
MetaMask Developer ConsenSys Challenges SEC's Proposed 'Exchange' Definition, Citing Blockchain Misunderstandings
Blockchain tech company ConsenSys, represented by lawyer Bill Hughes, has formally objected to the Securities and Exchange Commission's (SEC) Notice of Proposed Rulemaking (NPRM) concerning the redefinition of a securities "exchange".
Credit Giant MasterCard Grants Wirex First Principal Membership License
Wirex has become the first native cryptocurrency platform to be granted a principal membership license from credit giant Mastercard as part of their accelerated expansion into digital assets.
Vitalik Buterin Advises Caution in Expanding Ethereum Consensus Roles
Ethereum co-founder Vitalik Buterin has published a thought-provoking blog post cautioning the blockchain community about the hazards of overextending Ethereum's consensus mechanism beyond its central functions of block validation and network security.
How Jailbreak Attacks Compromise ChatGPT and AI Models' Security
Recent studies reveal the vulnerabilities of large language models like GPT-4 to jailbreak attacks. Innovative defense strategies, such as self-reminders, are being developed to mitigate these risks, underscoring the need for enhanced AI security and ethical considerations.
ConsenSys Proposes Tokenization to Leverage Impure Public Goods
People generally understand that human-made public goods—highways, airports, libraries—will incur some economic costs which must be recovered through some sort of fee, toll or charge. It is apparent, however, that the general public gives little thought to the actual policy decisions made in cost recovery schemes or the impact of cost recovery methodologies on the efficient allocation and utilization of these resources for the assets. ConsenSys proposes a tokenized model to better sustain and enhances public resources.
ConsenSys Completes $200M Funding Round at $3.2B Valuation
ConsenSys, the blockchain startup behind the Metamask wallet has raised $200 million in new funding round, pushing its valuation up to $3.2 billion.
Goldman Sachs Joins Investors to Fund CertiK as it Tops $2B Valuation
New York-headquartered blockchain security startup, CertiK has finally confirmed it raised $88 million from investors led by Tiger Global, Advent International and other investors.
Kraken Secures E-Money License in EU, Expands Virtual Asset Services in Spain
Kraken, a San Francisco-based crypto platform, has secured an E-Money Institution license from the Central Bank of Ireland and registered as a Virtual Asset Service Provider in Spain. These moves are part of Kraken's strategy to expand its European operations.
NFT Sales Sales Volume Hits Record High of $10.7B in Q3
Rising over eight times from the second quarter record, sales volumes of non-fungible tokens (NFTs) grow to $10.7 billion in the third quarter of 2021.
NYDFS Reviews BitLicense Guidelines to Favor Crypto Agencies
With the New York Department of Financial Services guidelines, blockchain agencies will find easy entry into the cities blockchain ecosystem
MakerDAO Intends to Depeg DAI from USDC
Announcing through Discord, MakerDAO’s founder Rune Christensen revealed that the DeFi protocol might consider de-pegging its native token DAI from stablecoin USD Coin (USDC).
MetaMask Developer ConsenSys Responds to European Banking Authority's Consultation on Anti-Money Laundering Measures
The European Banking Authority (EBA) has closed its public consultation on revising guidelines for money laundering and terrorist financing risk factors, extending the scope to include crypto-asset service providers (CASPs). ConsenSys, MetaMask's development lead, defended the EBA's approach, stating self-hosted wallets should not be considered a risk factor and praised the EBA's recognition of blockchain analytics' role in risk mitigation.
Solana CEO Denies Network Outages Caused by On-Chain Voting
Solana CEO Anatoly Yakovenko has refuted claims that Solana's network outages were caused by its on-chain voting system clogging its consensus layer. The CEO responded to a Twitter user's claims that the high volume of validator messages and on-chain votes were clogging the network, calling the theory "pure ignorance." While the root cause of the recent 20-hour network outage is still not clear, commentators have pointed out that there is likely no singular cause of the network outages.
ConsenSys Acquires MyCrypto to Strengthen MetaMask and Enhance Product Security
The Ethereum software company ConsenSys has acquired the Ethereum interface MyCrypto, aiming to integrate MyCrypto with the MetaMask wallet owned by ConsenSys and improve the security of all products.
Blockchain.com Obtains Digital Payment Token License in Singapore
Blockchain.com has secured a Major Payment Institution License from Singapore's MAS, joining 3,427 licensed firms across banking, capital markets, and more.
ConsenSys and Animoca Brands Investor C Capital Reaches New Heights with $250 Million Fund III
C Capital has closed its Private Equity Fund III, raising over $250 million in investments from its main fund and co-investment ventures. The fund has partnered with over 20 investors across various sectors and regions. C Capital plans to maintain its seasoned investment approach, focusing on global growth-stage entities in consumer and tech sectors. Notable portfolio companies include Shein, Animoca Brands, ConsenSys, Sensetime, Threads, Finery, and Armarium.
OpenSea: A Glimpse into January 2024's NFT Landscape
OpenSea's January 2024 digest reveals exciting NFT trends, including Dmitri Cherniak's 'Ringers' sculpture, Disney's 'Steamboat Willie' entering the NFT space, and The Fabricant's AI-driven digital fashion collection. These developments showcase the growing intersection of art, technology, and digital ownership in the NFT marketplace.
New York State Trust License - Fidelity’s Step Towards Mass Crypto Adoption?
Fidelity’s cryptocurrency investment arm, Fidelity Digital Assets (FDAS) has filed for a trust license in the state of New York according to several sources.
SludgeFeed Joins Hands with OpenSea for Seamless Adoption of Blockchain Gaming
SludgeFeed, a platform in the blockchain gaming sector, has collaborated with OpenSea, a notable digital marketplace for crypto collectibles, to propel the adoption of blockchain gaming by presenting relevant items on its structure.
What You Need to Know About Jae Kwon’s Cosmos (ATOM) Blockchain
The blockchain network Cosmos is unlike any other that has been created so far, offering interoperable solutions across many digital decentralized protocols.
MicroStrategy Q3 2023: 158,400 Bitcoin Holdings at $29,586 per BTC
MicroStrategy Incorporated reveals Q3 2023 financial results, highlighting continuous acquisition of bitcoin and AI software launch. The company's bitcoin holdings now stand at 158,400 with a total cost of $4.69 billion. Software Licenses and Subscription Services Revenues observed notable growth, indicating a positive trajectory in its business intelligence domain.
Blockstack Breaks New Ground with Proof of Transfer (PoX) Consensus Mechanism, like PoS Without the Risk
Blockstack recently released a white paper for a new blockchain consensus mechanism called Proof of Transfer (PoX). The mechanism is for blockchains piggybacking off the Bitcoin blockchain or other PoW networks, and would require miners to commit BTC to secure the block rather than proof of work.
OpenSea Co-Founder Alex Atallah Sets to Leave Company by the End of July
Alex Atallah, one of the co-founders of OpenSea, has announced he will be leaving the company as an active manager by the end of July
Finality: A Necessary Condition for Blockchain Applications in Finance
Settlement finality is critical in the world of traditional finance. The same applies to decentralized finance built on distributed ledger technologies (DLT).
OpenSea CFO Resigns Less Than One Year After Joining
Opensea Chief Financial Officer Brian Roberts resigns from the NFT marketplace company and says he is still staying as an ‘advisor’ to the company.
Malaysia’s Financial Regulator Says Binance is Not Authorized to Operate in the Country
The Securities Commission (SC) of Malaysia, the country’s financial regulator, has announced that Binance cryptocurrency exchange is not unauthorized to operate in the country. The financial watchdog has, therefore, put the crypto exchange on the list of unlicensed companies.
At CES 2023, Touch And Scent Dominate The Metaverse
At CES 2023, metaverse-focused startups showed VR with scent. OVR Technology exhibited a headgear with eight odors that can be blended to create different fragrances. The metaverse might be worth $5 trillion by 2030, according to McKinsey & Company.
Animoca Brands Receives $358M Boost, the Gaming Firm Goes on Acquisition Rampage
Animoca Brands has raised $358.88 million from investors led by Liberty City Ventures.
Alchemy Pay Scores License to Expand in Indonesia
Alchemy Pay has obtained a license from the central bank of Indonesia to operate remittance and fund transfers in cooperation with local fintech firm Berkah Digital Pembayaran. The license allows the firms to offer better payout methods and reduce associated operating costs.
Ethereum Foundation Rebrands ETH 2.0 to Consensus Layer, Breaking Broken Mental Model to Users
With the evolution of the Ethereum roadmap, ETH 2.0 has emerged as an inaccurate representation, and this has necessitated its rebranding so that a broader audience can comprehend its content.
Empowering Enterprise Blockchain Integration with Hyperledger and R3
Cyberport, being the digital flagship of Hong Kong has gained collaborations with other government-linked organizations, such as InvestHK. InvestHK is the department of the Hong Kong government responsible for foreign direct investment and for promoting Hong Kong’s status as the leading international business hub in Hong Kong.
Ethereum Validators Hit 300,000, Non-Zero ETH Addresses Reach ATH
The number of validators on the Ethereum network continues gaining steam after hitting the 300,000 mark.
Consensys Report: CBDC are Risk-Free Compared to Facebook Libra
In a recent white paper entitled Central Banks and the Future of Digital Money—Consensys offers an insightful and practical overview of the potential and risks of CBDC. The research paper also offers an example of how the Ethereum blockchain can be leveraged to design and build a CBDC and takes a deep dive into what the practical implementation of a CBDC would require.
OpenSea NFT Marketplace Faces Legal Action for Alleged Lack of Security
An NFT collector is suing OpenSea. After being phished, the investor alleges he was locked out for almost three months. $500,000. Theft is a major environment concern. NFT launched a stolen goods policy on Aug. 11, 2022. OpenSea failed to aid several Twitter users whose NFTs were taken.
ConsenSys Acquires Hal to Improve Alerts
Infura co-founder Eleazar Galano said the startup would cover holes in crypto ecosystem app development.
Elon Musk's X to Launch In-App Payment Services by Mid-2024
Elon Musk's X plans to launch in-app payment services by mid-2024, indicating a shift from his previous crypto interests to fiat currency.
HKMA Launches Project Ensemble to Bolster Tokenisation in Finance
HKMA initiates Project Ensemble, a key move to advance the tokenisation market and explore wCBDC applications in Hong Kong's financial sector.
MetaStreet Raises $10M in Seed Funds to Launch New Products
MetaStreet, a provider of Non-Fungible Tokens (NFT) debt, has raised $10 million in a recent capital fund round
UK’s Channel Islands Tax Haven Luring Investors into Crypto
UK’s Channel Islands of Guernsey and Jersey are trying to convince more crypto investing in the jurisdictions. Its regulations are regarded as tax havens to enable crypto investors to escape high taxes.
Coinbase Exchange Launches its NFT Marketplace
Digital asset trading platform Coinbase has announced the launch of the NFT marketplace targeted to empowering digital artists and the broader metaverse.
DLT Finance Receives BaFin Licenses to Launch Trading Platform for Digital Assets
The new platform is now offering a variety of digital asset services to institutional clients after receiving nine new trading licenses.
Ethereum’s Social Volume Climbs to an 11-Week High
Ethereum (ETH) continues getting a keen eye as crowd awareness and interest rose substantially after the second-largest cryptocurrency crossed above $2,500, as acknowledged by crypto analytic firm Santiment.
Crypto.com Injects $150M for its New France Ecosystem Development
Crypto.com to inject the sum of $150 million as it looks to build out its headquarters in France
Australia Zoo Rolls Out NFT Project to Pay Tribute to Wildlife Warriors’ Conservation Efforts
To celebrate the 20th anniversary of Wildlife Warriors’ role in protecting injured, threatened, or endangered wildlife, Australia Zoo has launched an NFT project to raise funds and awareness to protect Australia’s wild places and wildlife.
4-Year-Old OpenSea Raises $300M in Venture Capital, Valuation Reaches $13.3B
OpenSea has raised $300 million in new venture capital, bringing the total valuation to a staggering $13.3 billion in just four years after it was founded.
US Prosecutors Seek Lengthy Sentence for Crypto Shadow Bank Executive
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 shadow bank. Fowler is accused of acting as an unlicensed money transmitter and deceiving financial institutions through Global Trading Solutions (GTS), a firm he established under Crypto Capital in 2018. GTS and Crypto Capital are alleged to have processed approximately $750 million in cryptocurrency transactions, providing unlicensed crypto firms with unlawful access to the U.S. banking system.
Cross-Asset Exchange Platform DIFX Acquires Additional License from EU Regulator
With the new license from the EU regulator, DIFX is well-positioned to serve clients in European markets.
Exclusive: Blockchain at the Stage of Tech Convergence
How does Deloitte Blockchain Lab envision the future of blockchain? Dr. Paul Sin believed that blockchain is at the stage of technology convergence with IoT, big data and artificial intelligence! He also explained the 3 challenges for enterprises to implement their own blockchain and various blockchain auditing services offered by Deloitte.
U.S.-Based Crypto Exchange Gemini Gets Electronic Money License in Ireland
The license makes it possible for Gemini to offer its cryptocurrency trading services in Ireland.
NFT Trading Surges 8X Boom from the Popularity of Bored Ape Yacht Club,Pudgy Penguins and CryptoPunk
NFT sales recorded an eight times surge in market trading volume over the last two weeks, compared to the result in March, thanks to the craze of Bored Ape Yacht Club and Pudgy Penguins and the classic NFT CryptoPunk.
Bitfinex and Tether Claim Lawsuit Allegations of Market Manipulation are Baseless
BitFinex and Tether have officially spoken out against what they are describing as a baseless lawsuit, designed to undermine the cryptocurrency ecosystem.
Three Bored Ape Owners Sue OpenSea over Security Loophole of Stolen NFTs
Three Bored Ape Yacht Club (BAYC) Non-Fungible Token owners are suing leading NFT trading platform OpenSea for the loss of their NFTs on the exchange.
Bitcoin Pumps to Mid-June Levels following Boris Johnson’s Resignation
Bitcoin (BTC) hit the $22K level, a scenario last seen in mid-June after Boris Johnson resigned as the UK prime minister.
Ripple CTO: Why Ripple Ledger's Consensus Algorithm is More Reliable and Energy Efficient than PoW
Ripple CTO David Schwartz talks about reasons why Ripple Ledger (XRPL)'s consensus is more reliable and energy-efficient than Proof of Work (PoW) Consensus.
CUHK Pairs with ConsenSys To Launch Blockchain-based Covid Digital Health Passport
The Chinese University of Hong Kong and an Ethereum technology company-ConsenSys have launched a blockchain solution-based digital health passport for trial to record all Covid-19 related activities.
Japan's Messaging Platform LINE to Launch NFT Marketplace
Japanese social media and messaging platform LINE has launched its Non-Fungible Token (NFT) marketplace dubbed LINE NFT which is set to officially go live on April 13.
IMF Warns of AI's Impact on Global Job Market: 40% Positions at Risk
The IMF warns that AI could impact 40% of global jobs, rising to 60% in advanced economies. This trend may exacerbate income inequality, with younger workers adapting more easily than older ones. The IMF urges comprehensive safety nets and retraining programs to mitigate the effects.
Exclusive: How to Ensure Random Numbers in Public Blockchain?
Following Part 1 of our interview, Jing Chen of Algorand further teaches our readers on how to ensure the randomness of a number in public blockchain! She also evaluates the existing Proof-of-Stake (POS) protocols: Delegated VS Bonded VS Pure POS!
DoD Agency DARPA Taps Inca Digital to Assess Crypto Impacts
The Defense Advanced Research Projects Agency (DARPA), a division of the United States Department of Defense (DOD) has tapped Inca Digital to develop mapping tools to analyze the impacts of crypto as it concerns national security.
Ethereum Adoption Continues to Scale Heights
More participants continue joining the Ethereum bandwagon, given that addresses holding 0.1 to 1 ETH hit record highs.