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April 8, 2024
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Philippines SEC ‘can’t endorse’ ways to retrieve funds after Binance ban

Paolo Ong, the officer in charge of the SEC’s PhiliFintech Innovation Office, stated in a local news report that the SEC cannot recommend methods for retrieving […]
April 8, 2024
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PayPal stablecoin circulation dropped 38% in March – Paxos

In March, PayPal USD (PYUSD) — a stablecoin issued by PayPal and Paxos – experienced a significant drop in circulation, according to Paxos’ transparency report. PYUSD […]
April 8, 2024
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IRS criminal investigation chief joins Chainalysis: ‘It’s time to move on’

Jim Lee, a 29-year veteran of the United States government, including three years as chief of the IRS Criminal Investigations team, has transitioned to a role […]
April 8, 2024
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Frax Finance dives into DeFi liquidity with $250M USDe allocation

Frax Finance, a decentralized finance (DeFi) lending protocol, recently passed a community governance proposal allowing a $250 million allocation of Ethena Labs’ USDe to a new […]
April 8, 2024
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Ethereum-based investment products see negative outflows for 4th consecutive week

Despite positive inflows into other crypto-based investment products, Ethereum-based crypto investment products experienced negative outflows for the fourth consecutive week.   While Ethereum saw outflows totaling […]
April 8, 2024
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dYdX Chain halts production following scheduled network upgrade

dYdX, a decentralized finance (DeFi) protocol, has announced an investigation into a recent halt in block production as the chain underwent a scheduled upgrade.   Scheduled […]
April 8, 2024
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Bitcoin needs to hold above $80,000 to keep mining profitable post-halving

According to data from CryptoQuant CEO Ki Young Ju, the cost of mining using Antminer S19 XPs is set to double from $40,000 to $80,000 after […]
April 8, 2024
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Arrested Binance exec pleads not guilty to charges in Nigeria

Detained Binance executive Tigran Gambaryan has pleaded not guilty to four money laundering charges in Nigeria, according to local reports. Gambaryan asserted his innocence during a […]
April 8, 2024
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Can blockchain revolutionize digital securities management for stock exchanges?

The Athens Stock Exchange (ATHEX) has announced plans to incorporate blockchain technology into its Electronic Book Building (EBB) system in collaboration with the Sui blockchain ecosystem. […]
April 5, 2024
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Solana struggles: Record 75% of user txs are failing… or are they?

Recent data from Dune Analytics reveals that approximately 75% of non-vote transactions on the Solana network have been failing, marking the highest failure rate recorded. This […]
April 11, 2024
bitcoin-wallet

Australia’s securities regulator appeals loss in Finder Wallet case

The Australian Securities and Investments Commission (ASIC) has filed an appeal against its court loss in a case involving Finder Wallet, a sister company of Australian […]
April 11, 2024
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90% of Bitcoin ETF inflows are still retail – VanEck CEO

VanEck CEO Jan van Eck revealed that retail investors have been the primary contributors to inflows into Bitcoin exchange-traded funds (ETFs) in the United States, with […]
April 11, 2024
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$250K Bitcoin? Tim Draper says halving, Bitcoin ETFs will drive demand

Renowned venture capitalist Tim Draper predicts that Bitcoin will triple in value in 2024, reaching potentially $250,000 by the end of the year. Draper points to […]
April 11, 2024
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eToro CEO urges investors: Embrace long-term vision amid market turmoil

Yoni Assia, CEO of eToro, emphasized the significance of comprehending past bear and bull cycles to forecast future investment trends in both traditional and crypto markets. […]
April 10, 2024
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US Treasury official outlines proposals for tighter crypto crime control

In a recent testimony before the Senate Banking Committee, United States Deputy Treasury Secretary Adewale Adeyemo reiterated the need for increased enforcement powers to combat illicit […]
April 10, 2024
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Rep. McHenry hopes digital asset bill passage will be his ‘biggest win’

Challenges in Defining Digital Assets Representative Patrick McHenry, chair of the United States House Financial Services Committee, expressed optimism for the passage of legislation on digital […]
April 10, 2024
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Mango Markets heist like a fake diamond ring scam

In a Manhattan federal court, United States Assistant Attorney Tian Huang likened Avraham “Avi” Eisenberg’s alleged exploit of the Solana decentralized exchange Mango Markets to a […]
April 10, 2024
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Make your code immutable to avoid jail, policy exec advises devs

At the 2024 Bitcoin Policy Summit, Coin Center’s Peter Van Valkenburgh emphasized the importance of ensuring that smart contracts backing decentralized applications (DApps) remain immutable. He […]
April 10, 2024

Fintech funding falls to lowest levels since 2017 as crypto surges

Amidst a backdrop of overall venture capital growth, the fintech sector experienced a downturn in Q1 2024, with funding dropping by 16% compared to the previous […]

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