By André Beganski Federal Reserve Chair Jerome Powell said a digital currency issued by the U.S. Central Bank is ‘a very important potential financial innovation.’
By Kate Irwin The upscale fashion designer joins the likes of Gucci, Prada, and Balmain embracing NFTs.
By Tim Hakki The video for ‘From The D 2 The LBC’ features the hip-hop legends’ Bored Ape Yacht Club PFPs in animated form.
By Oluwapelumi Adejumo Months after the exploit that led to the theft of over $600 million, Axie Infinity developers Sky Mavis will finally reimburse users and restart the Ronin bridge exploited in the attack, Bloomberg reported. The developer expects to start reimbursing affected users on June 28. Users can withdraw
By Jamie Redman On June 27, Coinbase Derivatives Exchange (formerly Fairx exchange) announced it will launch its first crypto derivatives investment vehicle pegged to the value of 1/100th of a bitcoin. The new “nano bitcoin futures” product will be listed under the ticker “BIT.” Coinbase derivatives are regulated by the
By Stacy Elliott If previous downturns are any indication, the energy consumption of the Bitcoin network could fall further still.
By Andrew Asmakov Axie Infinity’s Ronin sidechain is expected to be relaunched next week after the $552 million exploit, ‘with all user funds returned.’
By Zeynep Geylan Speaking at the Point Zero Forum in Zurich, the Bank of England (BoE) Deputy Governor for Financial Stability Jon Cunliffe said that the current crypto market reminded him of the early days of the internet. Just like Amazon and eBay, who didn’t leave the internet space when
By Tim Hakki It’s not crypto winter at Binance, as the world’s biggest crypto exchange launches a platform for institutional investors.
By Terence Zimwara Cristiano Ronaldo, one of the world’s top-earning athletes, has entered into a partnership with Binance which gives his supporters a chance to join the footballer’s Web3 community. According to Ronaldo, his partnership with Binance is “going to change the non-fungible token (NFT) game and take football to
By Samuel Wan At a U.S. Congressional Committee hearing on June 23, Cardano founder Charles Hoskinson gave his take on the future of crypto regulation. The purpose of the hearing was to discuss the effectiveness of current regulations with the view to implementing a future framework. A lack of regulatory
By Eduardo Próspero (@gladstein) The Human Rights Foundation’s biggest event of the year took place last month in Norway. The Oslo Freedom Forum defines itself as a “global conference series bringing together human rights defenders from around the world to speak truth to power.” And the organization’s Chief Strategy Officer,
By Jet Encila Despite the volatility of the cryptocurrency market, digital assets are growing in popularity, leading to the emergence of crypto ATMs where users may purchase and sell their digital assets. Cardenas Markets, the largest Hispanic supermarket chain in the United States, is slated to have these machines. Coin
By Bitcoin.com Media PRESS RELEASE. INTERNET CITY, DUBAI, Jun. 24, 2022 – LBank Exchange, a global digital asset trading platform, has listed GRN (G) on June 24, 2022. For all users of LBank Exchange, the G/USDT trading pair is now officially available for trading. The blockchain industry has been a
By Andrew Asmakov Ratings agency Moody’s has downgraded cryptocurrency exchange Coinbase’s corporate debt, placing its ratings under scrutiny for additional downgrades.
By Oluwapelumi Adejumo Layer-1 blockchain network Harmony Protocol (ONE) said on June 24 that a hacker exploited its horizon bridge, and roughly $100 million worth of tokens on the bridge were stolen. 1/ The Harmony team has identified a theft occurring this morning on the Horizon bridge amounting to approx.
By Samuel Wan Despite the challenges of the past two years, the labor market appears to be in a good place, at least according to official government statistics. The Washington Post stated that Americans had returned to work in record numbers, leading to a May unemployment rate of 3.6%, almost
By Lubomir Tassev A bill introducing financial penalties for those who illegally issue or exchange digital financial assets has been filed in the Russian parliament. The legislation has been submitted by the sponsor of another draft law banning their use as a means of payment. New Bill Targets Russian Platforms
By Stephen Graves Horizon has become the latest cross-chain bridge to be hit by an exploit, after hackers stole $100 million in altcoins.
By Adi Ben-Ari As an increasing number of blockchain protocols are launched, each with its own efficiencies, benefits, and areas of focus, there is increased interest from investors and users to move assets and liquidity between them. The implementation of blockchain bridges – also known as token bridges – is
By Jet Encila Efforts are under way to develop the world’s first operational quantum computers, which will mark a literal quantum leap forward in technology. The Australian quantum computing startup Silicon Quantum Computing revealed Friday that it has constructed the world’s first atomic-scale integrated circuit that will power a new
By Lubomir Tassev Crypto trading is increasingly similar to the U.S. stock market of the late 1920s, the head of the Swiss financial watchdog has remarked. The high-ranking official believes that regulatory agencies around the world should do more to ensure investor protection. Swiss Financial Watchdog Executive Calls for More
By Jinia Shawdagor British luxury car manufacturer Bentley Motors Limited is dipping its toes into the Web3 ecosystem with the launch of a non-fungible token (NFT) collection on Ethereum scaling platform Polygon, the company announced today. Today we announce our first venture into the NFT marketplace with a one-time NFT
By Abdulrasaq Ariwoola Coinbase announced its Netherlands users would have to comply with KYC rules when making transfers to wallets off Coinbase. It stated that the rule would bring its operations in compliance with local regulations. The country’s 1977 Sanctions Act requires financial service providers to verify the identities of