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April 5, 2024
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Prisma Finance eyes protocol restart with DAO support

Prisma Finance, following a hack of $11.6 million on March 28, has proposed a plan to safely unpause the Prisma protocol and enable borrowing once again. […]
April 5, 2024
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Philippines SEC accuses eToro of offering unregistered securities

The Securities and Exchange Commission (SEC) in the Philippines has issued a warning against the online trading platform eToro, stating that it lacks authorization to sell […]
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 […]
February 2, 2024
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$900M in vested tokens set to be released in February

The digital asset market is on the cusp of a significant event with nearly $900 million worth of vested tokens scheduled for release in February. Leading […]
February 1, 2024
Cryptocurrency

US lawmakers push back on proposed CFPB rule, citing potential impact on crypto

Key members of the United States House Financial Services Committee and the Subcommittee on Digital Assets, Financial Technology, and Inclusion have called for an extended period […]
February 1, 2024
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Singapore police recommend hardware wallets against crypto drainers

Singapore’s authorities have issued a critical cybersecurity warning due to an increase in the use of cryptocurrency drainers, also known as wallet drainers. These are being […]
February 1, 2024
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Singapore High Court greenlights DeFiance Capital suit against 3AC

The High Court of Singapore has made a significant ruling in the ongoing legal battle involving the bankrupt crypto hedge fund Three Arrows Capital (3AC) and […]
February 1, 2024
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Celsius exits bankruptcy, commences return of over $3B to creditors

Celsius, a cryptocurrency lending firm, has successfully navigated its way out of Chapter 11 bankruptcy in the United States. The company is now set to redistribute […]
February 1, 2024
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Bitcoin pump prompts ‘emergency’ review of US crypto miner energy use

The United States Department of Energy (DOE) is taking significant steps to monitor the energy consumption of cryptocurrency mining operations. This move comes amid rising concerns […]
January 31, 2024
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Jack Dorsey’s Block announces layoffs, citing ‘leaner’ operations

Block Inc., the financial payment processing company co-founded by Jack Dorsey, has recently undergone a substantial reduction in its workforce. As reported by Business Insider on […]
January 31, 2024
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Terraform Labs says bankruptcy will aid appeal of SEC suit

Terraform Labs, the company behind the now-defunct stablecoin TerraClassicUSD (USTC), has filed for Chapter 11 bankruptcy, a strategic move aimed at bolstering its legal position against […]
January 31, 2024
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SEC’s settlement gag rule ‘undermines regulatory integrity’ – Hester Peirce

SEC Commissioner Hester Peirce has voiced strong opposition to a longstanding rule of the U.S. Securities and Exchange Commission (SEC) that restricts defendants from publicly criticizing […]

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