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April 3, 2024
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Bithumb posts 57% annual loss soon after delayed IPO

Bithumb Korea, the operator of the South Korean cryptocurrency exchange Bithumb, reported a significant decline in annual revenue for the fiscal year of 2023.   The […]
April 3, 2024
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Binance and its detained US exec face more charges in Nigeria

Despite efforts to engage with local regulators, troubled cryptocurrency exchange Binance faces further challenges in Nigeria as its United States-based executive Tigran Gambaryan remains detained in […]
April 3, 2024
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AssangeDAO’s crypto activities suspicious, analysts urge caution

Analysts at SlowMist have voiced concerns about a potential “soft rug pull” that occurred on March 10, involving a 100 Ether transaction from an AssangeDAO address […]
April 3, 2024
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Aave launches proposal to counter MakerDAO DAI expansion risk

Lending protocol Aave introduced a new proposal through the Aave Risk Framework Committee (ARFC) to adjust the risk parameters associated with the Dai stablecoin.   The […]
April 3, 2024
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Holding Bitcoin now profitable 99.92% of all days

Since its inception on Jan. 3, 2009, investing in Bitcoin has been profitable for 99.92% of all days, with only six days where it did not […]
April 3, 2024
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First VR developer integrates with OpenAI setting stage for no-code VR development

Victoria VR, a virtual reality (VR) developer, has announced its integration with OpenAI, the creator of ChatGPT, a popular generative AI tool.   Enhanced Virtual Reality […]
April 3, 2024
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Fantom founder concerned negative funding rates will introduce next Terra-like’ unbacked asset’

Fantom creator Andre Cronje, a prominent figure in decentralized finance (DeFi), has expressed concerns about potential risks associated with Ethena Labs’ USDe stablecoin.   Cronje highlighted […]
April 3, 2024
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Ethereum earnings tripled in Q1 2024, reaching $370M

In the first quarter of 2024, Ethereum, the leading blockchain network by transaction volume, experienced significant growth across key income statement metrics.   Ethereum’s earnings in […]
April 2, 2024
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Telegram trading bot Solareum shutters days after $520K exploit

The Solana-based Telegram trading bot, Solareum, has announced its permanent closure due to a combination of financial constraints and a recent security breach.   Reasons for […]
April 2, 2024
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Singapore amends Payment Services Act to cover token custody and transfers

The Monetary Authority of Singapore (MAS) has announced amendments to the Payment Services Act (PS Act) aimed at broadening the regulatory oversight of services related to […]
April 5, 2024
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Paraguay floats temp crypto mining ban as illegal ‘farms’ cripple grid

Lawmakers in Paraguay have proposed a bill to impose a temporary ban on crypto mining and related activities in response to concerns about illegal mining operations […]
April 5, 2024
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Paradigm leads $20M funding round for Ellipsis Labs’ DeFi expansion

Ellipsis Labs, a prominent developer in the crypto exchange sector, has successfully raised $20 million in Series A funding, with Paradigm leading the investment round.   […]
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. […]

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