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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 […]
February 5, 2024
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Farcaster sees 400% increase in daily active users amid ‘frames’ frenzy

The Farcaster protocol, a decentralized network for social media applications, has experienced a remarkable 400% surge in daily active users over the past week. This growth […]
February 5, 2024
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El Salvador: Initial polls show Nayib Bukele to win reelection

The pro-Bitcoin Salvadoran President Nayib Bukele is widely expected to win a second term in office, with early voting data indicating his party will win 87% […]
February 3, 2024
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VC Roundup: Institutional staking, car network, and Move VM funding deals

Crypto-based startups have demonstrated resilience and innovation at the start of 2024, securing significant funding across various sectors despite the challenges posed by liquidity constraints and […]
February 3, 2024
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No crypto ad spots are expected for Super Bowl LVIII

Super Bowl LVIII, set to take place on February 11, is expected to showcase a significant shift in advertising trends, particularly in the realm of cryptocurrency […]
February 3, 2024
Bitcoin-mining-machine

DOJ charges duo for crypto mining in school district amid US energy scrutiny

The United States Department of Justice (DOJ) has brought charges against two high-ranking officials from the Patterson Joint Unified School District for allegedly setting up a […]
February 3, 2024
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Crypto teacher loses student’s $1.2M investment in fake hedge fund

In a notable enforcement action, the U.S. Securities and Exchange Commission (SEC) has charged Brian Sewell, the founder of Rockwell Capital Management, with deceiving investors through […]
February 2, 2024
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U.S. lawmakers challenge SEC on crypto asset regulation

A bipartisan group of U.S. lawmakers, including Representatives Mike Flood (R-NE), Wiley Nickel (D-NC), and Senator Cynthia Lummis (R-WY), has initiated a move to revoke the […]
February 2, 2024
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Testing ‘went very well’ — ETH devs to set Dencun hard fork date on Feb. 8

Ethereum developers are gearing up to finalize a launch date for the Dencun upgrade, with a significant meeting scheduled for Thursday, Feb. 8. This upgrade is […]
February 2, 2024
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Meta’s Reality Labs sets quarterly revenue record but lost over $4B

Meta’s Reality Labs division, dedicated to virtual reality (VR) and augmented reality (AR) innovation, reported a significant operating loss of over $4.6 billion in the fourth […]

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