Cryptocoins News / Blockchain - 2 years ago
BlockFi, a cryptocurrency lender, has been granted a 48-day extension until May 15 to submit a bankruptcy exit plan. The company is exploring a potential sale of assets or an outside backer to support a restructuring deal. A committee of BlockFi cust...
Cryptocoins News / Blockchain - 2 years ago
1inch, a decentralized finance (DeFi) protocol, has deployed its aggregation and limit order protocols on Ethereum's zkSync Era. The move is aimed at leveraging faster and cheaper transactions on the layer-2 scaling solution. (Read More)
Cryptocoins News / Blockchain - 2 years ago
The European Commission has launched a new research unit called the European Centre for Algorithmic Transparency (ECAT) to investigate the impact of algorithms used by prominent online platforms and search engines such as Facebook and Google. The tea...
Cryptocoins News / Blockchain - 2 years ago
MetaMask has denied claims that its wallet was exploited in a recent massive wallet-draining operation that resulted in the loss of over 5,000 ETH. The company has confirmed that the funds were stolen from various addresses across 11 blockchains, and...
Cryptocoins News / Blockchain - 2 years ago
Australia has surpassed Asia in the total number of crypto ATMs installed, with 364 machines as of January 2023. The country has consistently added Bitcoin ATMs over the last eight months and is on a crypto ATM installation spree. Internal documents...
Cryptocoins News / Blockchain - 2 years ago
Gate Pay has partnered with CityPay.io to offer cryptocurrency payment alternatives to over 600 merchants in Georgia, including restaurant chain Wendy’s. The collaboration aims to bridge the gap between Web3 and people’s daily lives. (Read More)
Cryptocoins News / Blockchain - 2 years ago
The Bank of England and the BIS Innovation Hub London Center successfully tested a distributed ledger technology-powered settlements system through Project Meridian, which could be extended to other asset classes to reduce time, costs, and risks of t...
Cryptocoins News / Blockchain - 2 years ago
Microsoft has been developing its own AI chips since 2019 to reduce reliance on Nvidia’s GPUs due to rising costs. The project, called “Athena,” is already being tested by Microsoft’s machine-learning staff and OpenAI developers. (Read More)
Cryptocoins News / Blockchain - 2 years ago
Payward Europe Solutions, Kraken's Irish subsidiary, has been granted VASP authorization by the Central Bank of Ireland. This authorization comes at a critical time as the EU is set to vote on the MiCA regulation, which requires all companies operati...
Cryptocoins News / Blockchain - 2 years ago
Intel plans to cut costs by discontinuing its Blockscale Bitcoin mining chips, with the company stopping orders for the ASICs by Oct. 20 and ending shipping roughly in April 2024. Intel launched the Blockscale mining chips in April 2022 with a hash r...
Cryptocoins News / Blockchain - 2 years ago
Venture capital firm, Tribe Capital, is considering leading a $250 million fundraising campaign to revive bankrupt cryptocurrency exchange, FTX. The firm previously invested in FTX before its collapse and has reportedly met with the Committee of Unse...
Cryptocoins News / Blockchain - 2 years ago
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...
Cryptocoins News / Blockchain - 2 years ago
Aleph Zero, a layer-1 privacy-enhancing blockchain, has launched a $50 million Ecosystem Funding Program to support developers in building on its platform and advancing blockchain adoption globally. The program offers grants, incubation, and accelera...
Cryptocoins News / Blockchain - 2 years ago
Binance, the world's largest cryptocurrency exchange, is retiring selected deposit addresses and memos on various blockchains, including Ether, Tron, BNB, and Stellar, as part of its infrastructure upgrade. The exchange encourages impacted users to o...
Cryptocoins News / Blockchain - 2 years ago
An unidentified exploit has drained over $10.5 million in NFTs and coins from experienced crypto community members since December 2022. The exploit targets keys created from 2014 to 2022 and those who are "crypto native," with multiple addresses and...
Cryptocoins News / Blockchain - 2 years ago
Cryptocurrency exchange Zipmex has requested an extension of its moratorium on debt in Singapore due to liquidity issues. The company plans to use the extra time to reopen withdrawals on its Z Wallet platform. (Read More)
Cryptocoins News / Blockchain - 2 years ago
The US House of Representatives Committee on Financial Services will conduct a hearing on stablecoin regulation on April 19th, following the introduction of a draft bill on stablecoin regulation. The hearing will include testimonies from experts, inc...
Cryptocoins News / Blockchain - 2 years ago
The UK plans to establish digital asset regulation within a year to take advantage of blockchain's benefits for the private sector and the economy, according to Andrew Griffith, the economic secretary to the UK Treasury. (Read More)
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...
