Cryptocoins News / Blockchain - 2 years ago
Bitcoin core developer Luke Dashjr called out an auction site for using his name and code without consent to create and sell a misleading NFT. The NFT, which featured a picture of code Dashjr wrote, was sold for 0.41 Bitcoin or roughly $9,500. Dashjr...
Cryptocoins News / Blockchain - 2 years ago
Ethereum's Sepolia testnet has undergone a successful upgrade simulating the upcoming Shanghai hard fork expected to take place on the mainnet in March. The upgrade, called "Shapella", allows validators to withdraw their staked Ether and rewards on t...
Cryptocoins News / Blockchain - 2 years ago
Bitcoin Depot, a provider of physical Bitcoin ATMs, has converted all of its 7,000 crypto ATMs and kiosks to a software-based offering powered by BitAccess. This move eliminates the need for annual software licensing fees and comes after Bitcoin Depo...
Cryptocoins News / Blockchain - 2 years ago
Binance CEO Changpeng Zhao responded to a Forbes article that focused on the movement of funds by the cryptocurrency exchange. The article drew parallels between Binance and the now-defunct FTX and discussed the failed Voyager bid by Binance.US, as w...
Cryptocoins News / Blockchain - 2 years ago
Illuvium's community utilized its decentralized autonomous organization (DAO) to block an NFT event between Illuvium CEO Kieran Warwick and Three Arrows Capital founder Su Zhu. Due to controversies surrounding Zhu, Illuvium's community expressed conc...
Cryptocoins News / Blockchain - 2 years ago
Ras Al Khaimah in the UAE is launching RAK Digital Assets Oasis, a free zone for digital and virtual asset companies. The purpose-built zone will support emerging technologies in the virtual assets sector, including blockchain, NFTs, and DApps. The f...
Cryptocoins News / Blockchain - 2 years ago
Grayscale Investments’ CEO Michael Sonnenshein has called on the United States Securities and Exchange Commission (SEC) to protect Grayscale investors by returning the true asset value to them. Sonnenshein stated in a recent interview that the SEC ac...
Cryptocoins News / Blockchain - 2 years ago
Colombia's Magdalena Administrative Court conducted a trial in the metaverse on February 15, with participants appearing as avatars in a virtual courtroom. The trial involved a traffic dispute brought by a regional transport union against the police...
Cryptocoins News / Blockchain - 2 years ago
FTX Japan users have begun withdrawing all their funds after the slowdown in fund withdrawals due to Binance liquidating its FTX Token (FTT) holdings. While FTX Japan resumed withdrawals on Feb. 21, the legal battle with Sam Bankman-Fried (SBF) conti...
Cryptocoins News / Blockchain - 2 years ago
A new study by the Money Mongers reveals that the crypto industry spent $25.57 million on lobbying in the United States in 2022, a 922% increase from 2017. Coinbase, the U.S.-based crypto exchange, led the spending with $3.3 million, followed by the...
Cryptocoins News / Blockchain - 2 years ago
The supply of wrapped Bitcoin (wBTC) has hit its lowest point since May 2021 following a significant burn of 11,500 wBTC linked to Celsius. The current total supply of wBTC stands at 164,396, with a monthly growth rate of -7.39%. wBTC is an ERC-20 to...
Cryptocoins News / Blockchain - 2 years ago
UK is unlikely to issue a central bank digital currency (CBDC) as the Bank of England lacks the necessary technical skills, according to Jon Cunliffe, the deputy governor. The BoE plans to partner with the private sector to test a digital pound in a...
Cryptocoins News / Blockchain - 2 years ago
Cash App has integrated TaxBit into its services, allowing Bitcoin holders to easily report their taxes. Cash App users can track their Bitcoin transactions for tax reporting purposes through TaxBit’s platform. TaxBit simplifies tax reporting for eve...
Cryptocoins News / Blockchain - 2 years ago
Voyager Digital, the CeFi platform that filed for Chapter 11 bankruptcy, has reportedly sold assets through Coinbase and received at least $100 million in USDC. The company has sent daily crypto transfers to Coinbase, with holdings of nearly $530 mil...
Cryptocoins News / Blockchain - 2 years ago
G20 countries have announced that the Financial Stability Board, the International Monetary Fund, and the Bank for International Settlements will release recommendations on global crypto regulation by July. (Read More)
Cryptocoins News / Blockchain - 2 years ago
Texas’ State Securities Board and Department of Banking object to Binance.US's proposed $1.022 billion deal to buy Voyager Digital's assets, citing "inadequate" disclosures. (Read More)
Cryptocoins News / Blockchain - 2 years ago
Mantle Core has submitted a proposal to create a $200 million fund for early-stage Web3 startups, aiming to boost adoption of its Ethereum layer-2 network, Mantle, among developers and Dapps. BitDAO's treasury would provide $100 million in USD Coin,...
Cryptocoins News / Blockchain - 2 years ago
Ukraine has received over $70 million in cryptocurrency donations since the start of the conflict with Russia, with the majority of the funds coming in the form of Ether and Bitcoin. Donors have contributed to the nation's military equipment and huma...
Cryptocoins News / Blockchain - 2 years ago
NanoLabs, the company behind digital currency Nano, has filed a legal complaint against Coinbase in the California Northern District Court for alleged trademark infringement. The complaint states that Coinbase's Nano Bitcoin futures contract and Nano...
Cryptocoins News / Blockchain - 2 years ago
Lawyers for the cryptocurrency industry have challenged recent comments made by the Chairman of the Securities and Exchange Commission (SEC), Gary Gensler, in which he claimed that all cryptocurrencies except Bitcoin fall under the agency's jurisdict...
Cryptocoins News / Blockchain - 2 years ago
The International Monetary Fund (IMF) supports regulating digital money and prioritizes differentiating between central bank digital currencies and crypto assets, such as stablecoins. The IMF's Managing Director, Kristalina Georgieva, clarified that...
Cryptocoins News / Blockchain - 2 years ago
The suspected hackers behind the $6 million exploit of Lendhub have moved more than half of their ill-gotten gains to the sanctioned crypto mixer Tornado Cash. The on-chain intelligence firm Beosin reported that a total of 3,515.4 ETH, currently wort...
Cryptocoins News / Blockchain - 2 years ago
Yuzo Kano, co-founder of cryptocurrency exchange bitFlyer, plans to reintroduce himself as CEO at a shareholders meeting next month. Kano wants to revitalize the company by introducing stablecoins, token-issuance operations, and an IPO, while also op...
Cryptocoins News / Blockchain - 2 years ago
Balancing innovation and regulation in South Korea's crypto industry, with regulators concerned about staking's potential risks to consumers and market stability. (Read More)
Cryptocoins News / Blockchain - 2 years ago
South Korea's Financial Supervisory Service checks exchanges' crypto staking services for legality. (Read More)