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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 10, 2024
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Elections may swing Senate Banking Committee toward crypto, Sen. Lummis says

At the recent Bitcoin Policy Summit in Washington, D.C., Senator Cynthia Lummis highlighted the growing significance of cryptocurrency in politics, emphasizing that upcoming elections will shape […]
April 10, 2024
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Dfinity launches Web3 accelerator platform on the Internet Computer

The Dfinity Foundation, renowned for its contributions to the Internet Computer blockchain, has unveiled the Olympus Acceleration Platform, marking a significant milestone in the realm of […]
April 10, 2024
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Circle launches USD Coin on Ethereum zkSync

Circle, the issuer of the popular stablecoin USD Coin (USDC), has announced its expanded support for USDC on the Ethereum zero-knowledge layer-2 solution zkSync. This move […]
April 10, 2024
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Arkham accuses competitors of spreading ‘false rumors’ amid token sell-off

Blockchain analytics firm Arkham has accused its fellow competitors of “spreading false rumors” in an effort to create fear, uncertainty and doubt (FUD) after questions arose […]
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 […]

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