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    Blockchain

    Swiss Bank SEBA Gets in-principle Approval From Hong Kong Regulators to Offer Crypto Services

    Crypto-friendly Swiss-based SEBA Bank has successfully obtained an approval-in-principle (AIP) from the Securities and Futures Commission (SFC) in Hong Kong, bringing it one step closer to offering crypto services in the region.

    Binance Delists Banco de Venezuela From P2P Payment Service: What’s Going On?

    Binance, the largest cryptocurrency exchange has removed Banco de Venezuela as a payment option from its peer-to-peer services in the country.

    Interlay Launches MVP of BOB, A New Bitcoin Layer 2 Bridge For Cross-Chain Token Transfers to the Bitcoin Network

    On August 29, the team behind decentralized Bitcoin infrastructure provider Interlay unveiled the Minimum Viable Product (MVP) of its BOB ("Build on Bitcoin") solution, a new Bitcoin layer 2 network.

    Binance Launches Send Cash For Quick and Low-Cost Crypto Transfers in Nine Latin American Countries

    Following Binance's suspension of its cryptocurrency debit card services, Binance is introducing a new product in Latin America called "Send Cash," which enables users from 9 countries in the region to transfer crypto using Binance Pay.

    Phishing Attacks Escalate for FTX Users Following SIM Swap Incident

    Several months after the shutdown of the FTX exchange, users are grappling with persisting issues that have locked them out of their capital stored on the platform.

    Social Media Powerhouse X Paves the Way for Digital Transactions

    Social media giant X, still referred to by many as Twitter, has obtained the regulatory green light to introduce cryptocurrency payments for its users. X's intent to integrate cryptocurrency solutions into its platform is well known, and the company is well-equipped to advance its goals thanks to an eToro partnership that was announced in April.

    Crypto Cybersecurity Firm OpenZeppelin Launches Blockchain Security Upgrade ‘Defender’ Version 2.0

    Blockchain security firm OpenZeppelin has announced the launch of its Defender 2.0, a security upgrade for numerous blockchain applications.

    Decred Launches Bison Relay v0.1.8: Revolutionizing E-Commerce with Decentralized ‘Shopify’

    On August 29th, Decred (DCR/USD) introduced Bison Relay v0.1.8, a game-changing support system for e-commerce platforms that addresses the critical need for decentralization in the digital retail landscape.

    Argo Blockchain Successfully Decreases 2022 Debt to $75 Million – Here’s the Latest

    Digital asset mining firm Argo Blockchain has reported $18.8 million in losses in the first half of the year, reducing total losses to $75 million from last year.

    FTX Founder Sam Bankman-Fried’s Defense Again Seeks ‘Temporary Release’ for Trial Preparation

    On August 25, former FTX CEO Sam Bankman-Fried's attorneys filed a new motion seeking his "temporary release" or, alternatively, requesting that he be allowed to meet with his defense team five days a week based on his right to assist in preparing his defense.

    DCG Reaches Preliminary Agreement with Genesis Creditors, Offering Potential 70%-90% Recovery

    Digital Currency Group has reached a preliminary agreement with Genesis creditors to settle the claims by reimbursing 70-90% in USD equivalent to unsecured creditors.

    Indian Crypto Layoffs Continue as CoinSwitch Fires 44 Employees Citing Redundancy in Roles

    CoinSwitch, an Indian crypto unicorn, has become the latest in the crypto layoff spree in India, announcing job cuts in its customer support and operations teams.

    Republican Lawmakers Accuse Fed of Obstructing Advancements on Stablecoin Bill

    A group of Republican lawmakers have expressed their concerns regarding the Federal Reserve's recent measures aimed at strengthening its oversight of crypto and stablecoin activities within banks. 

    SEC Commissioners Dissent Against Agency’s First NFT Enforcement Action

    In a display of dissent within the United States Securities and Exchange Commission (SEC), Commissioners Hester Peirce and Mark T. Uyeda have expressed their reservations regarding the agency's first NFT enforcement action against the media firm Impact Theory. 

    Solana-based Protocol Clockwork To Shut Down Despite $4 Million Seed Funding

    Solana-based automation protocol Clockwork will be winding up its operations after its founder disclosed the company’s decision to step away from “active development of the protocol.” 

    Is Friend.tech Really Dead? – Here’s What We Know

    Friend.tech, the newest social app for web3 launched early this month, has already been pronounced ‘dead’ by industry speculators following a sharp decline in inflows, volume, etc.