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April 5, 2024
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Japan’s Sony Bank tests yen-backed stablecoin for gaming and sports IP payments

Japan’s Sony Bank, a division of Sony Group Corporation, has initiated experiments involving the issuance of its own stablecoin, pegged to fiat currencies like the Japanese […]
April 5, 2024
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Grayscale fund drops ADA and ATOM after quarterly rebalancing

Grayscale recently removed Cardano’s ADA token from its Grayscale Digital Large Cap Fund (GDLC) and Cosmos’ ATOM token from its Grayscale Smart Contract Platform Ex-Ethereum Fund […]
April 5, 2024
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Dogecoiners clone hyped Bitcoin Ordinals ‘Runestone’ airdrop

The Dogecoin blockchain community recently concluded its own version of the “Runestone” airdrop, drawing inspiration from the non-fungible token (NFT)-like giveaway executed through Bitcoin Ordinals last […]
April 5, 2024
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Binance restricts unverified sub-accounts on Exchange Link program

Binance recently introduced mandatory Know Your Customer (KYC) requirements for its Exchange Link account holders as part of the Binance Link Program.   Implementation of KYC […]
April 4, 2024
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US gov’t commits $3.6M to address cybersecurity skill shortage

The United States National Institute of Standards and Technology (NIST) has allocated nearly $3.6 million in cooperative agreements to bolster the cybersecurity workforce and protect businesses […]
April 4, 2024
ripple

Ripple to launch US dollar stablecoin, aims to compete with USDT and USDC

Ripple, the issuer of XRP, has announced its intention to launch a U.S. dollar-backed stablecoin, aiming to compete with established players like Circle and Tether over […]
April 4, 2024
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Nvidia eyes Indonesia for $200M AI center amid global AI scramble

Nvidia, a leading semiconductor producer, has partnered with the Indonesian government and telecom provider PT Indosat Ooredoo Hutchison to establish a new AI center in Indonesia. […]
April 4, 2024
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Number of new memecoin traders hit record high – IntoTheBlock

The surge in popularity of memecoins has sparked a new crypto frenzy, attracting both seasoned traders and newcomers looking for the next lucrative token.   Record […]
April 4, 2024
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Morgan Stanley wants to beat UBS to become first Bitcoin ETF bank

The launch of spot Bitcoin exchange-traded funds (ETFs) in the United States has sparked competition among investment banks vying to be the first to add these […]
April 4, 2024
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Google sues alleged China crypto app racketeers

Google’s parent company, Alphabet, has taken legal action against two individuals based in China for allegedly using its platforms to promote fraudulent cryptocurrency apps. These apps, […]
April 8, 2024
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Polkadot active addresses hit record 600K

The Polkadot blockchain has reached a milestone with over 600,000 active addresses on its network by the end of March, as reported by DotLake and shared […]
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 […]

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