Category : Blockchain

Blockchain

Indonesia's State-Backed Crypto Exchange: An Analysis

Indonesia's state-backed crypto exchange aims to promote transparency, accountability, and investor protection. It is expected to boost crypto adoption. (Read More)

Liquid Staking Protocol Lido Activates "Staking Rate Limit" After Record Inflows

Lido Finance, a liquid staking protocol for Ethereum, activated a "staking rate limit" after more than 150,000 ETH was staked in a single day. The mechanism aims to address any negative effects of high inflows, limiting the amount of staked Ether tha...

Indonesia to Launch State-Backed Crypto Exchange by Mid-2023

Indonesia plans to launch a state-backed crypto exchange by mid-2023 to promote a more secure and transparent market, with greater regulatory oversight and investor protection. (Read More)

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 as...

Crypto Industry Continues to Experience Hacks and Exploits: Can Increased Security Measures Help?

Despite recent recoveries, $4bn was lost to hacks, fraud, and scams in 2022. Increased security measures, such as DeFi and multi-signature wallets, can help. (Read More)

Trezor Produces In-House Chips to Speed Up Hardware Wallet Production

Trezor accelerates hardware wallet production by producing its own chip wrapper, reducing lead times and shipping delays caused by component supply and demand. (Read More)

Japan's Tech Companies Collaborate to Build Open Metaverse Infrastructure

Several tech companies in Japan have signed an agreement to create the Japan Metaverse Economic Zone and an open metaverse infrastructure called Ryugukoku. The infrastructure will serve as a new social infrastructure for enterprise digital transforma...

NFT Collectors Buy for Status and Uniqueness

A recent survey by Metajuice found that 74% of NFT collectors buy for status and uniqueness, while 13% plan to resell. Real Vision CEO Raoul Pal believes NFTs are becoming status symbols like luxury cars and houses. (Read More)

G20 To Establish Standards For Global Crypto Regulatory Framework

The Financial Stability Board, IMF, and BIS will propose worldwide crypto regulations. (Read More)

FATF Releases Action Plan to Improve Implementation of Global Standards on Crypto

Over 200 governments agreed to tighten the "application of FATF Standards on virtual assets and virtual asset service providers". (Read More)

Citizens Trust Bank Holds $65 Million in USD Coin reserves

Citizens Trust stated the USDC reserves would support financial literacy and small business funding. (Read More)

The IMF Releases a Report on Jordan Preparations for a Central Bank

The IMF published a technical analysis on Jordan's retail central bank digital currency. (Read More)

Lawyers for SBF time to discuss additional bail conditions

Sam Bankman-lawyers Fried's requested extra time to negotiate bail terms and identify a technical expert. (Read More)

IMF Urges Countries to Consider Banning Cryptocurrencies

US Treasury Secretary Janet Yellen underlined the need for effective cryptocurrency regulation. (Read More)

Grayscale CEO challenges SEC's denial of application

If GBTC becomes a spot BTC ETF, Grayscale Investments CEO Michael Sonnenshein stated investors will get a "few of billion dollars" back. (Read More)

A Colombian court recently hosted its first legal trial in the metaverse

The metaverse hosted Colombia's Magdalena Administrative Court's February 15 session. Maria Quinones, the court's Magistrate, called it "realer than a video call." (Read More)

FTX Japan users withdraw funds amid litigation

Due to the large number of FTX-SBF victims, payment is projected to take time. (Read More)

Voyager reportedly sells assets on Coinbase exchange

Lookonchain showed Voyager using 23 tokens worth over $100 million. (Read More)

Oasis.app and Jump Crypto Retrieve $225 Million in Crypto

The hacker's vaults show that Oasis sent 120,695 wstETH and 3,213 rETH to Jump Crypto on February 21. (Read More)

Machi Big Brother's recent NFT sell-off

Machi Big Brother, the NFT whale, discharged 90 BAYC, 191 MAYC, and 308 Otherdeed NFTs, among others. (Read More)

G20 Discusses Crypto Regulations Under India Presidency

G20 members reviewed technological advancements and dangers during the FMCBG conference on Feb. 24–25. (Read More)

Two suspects have been arrested by the French police in connection with Platypus

French authorities apprehended two individuals in Platypus' $9.1 million exploit. (Read More)

Solana Network Experiences Slowdown in Block Production Following Upgrade

After validator software update, Solana network block generation slowed on Feb. 25. (Read More)

2022 was a tough year for crypto with a decline in venture

Due to tough macro circumstances and industry developments, blockchain and cryptocurrency-related VC investments fell every quarter in 2022. (Read More)

BlueWallet is Sunsetting Its Lightning Node Connection to Lndhub

Don't worry—BlueWallet is just another step toward self-custody and lightning nodes. (Read More)

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