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    Blockchain

    Asia’s Richest Man Mukesh Ambani To Invest In Blockchain To Drive ‘Digital Adoption In India’

    Indian multinational conglomerate Reliance’s financial services arm – Jio Financial Services (JFS) – is tapping blockchain tech and central bank digital currencies (CBDCs) for its offerings.

    Ben ‘BitBoy’ Crypto Fired From His Own Company In ‘Coup’ — What’s Going On?

    Prominent cryptocurrency influencer Ben Armstrong, founder of BitBoy Crypto, has announced his departure due to an internal coup led by TJ Shedd and Justin Williams.

    Exclusive: Galxe Set To Launch a Permissionless Self-Sovereign Identity Infrastructure, Galxe Protocol

    In a confidential revelation to cryptonews, Galxe, a pioneering Web3 community development platform, has declared the imminent launch of the Galxe Protocol, a permissionless self-sovereign identity infrastructure set to reshape the landscape of digital identities.

    Laos Cuts Power Supply To Crypto Mining Firms, Cites Production Concerns

    Electricite du Laos (EDL), the state-run power distribution company, has announced a major cut to crypto mining firms in the country, swerving from its pro-crypto stance since 2021.

    Crypto Industry Positioned for Growth After Market Turbulence, Says Circle CEO Jeremy Allaire

    Despite a challenging year for the sector, Circle CEO Jeremy Allaire remains optimistic about the potential for growth and transformation in digital assets over the coming years – including on the regulatory front.

    OKX And Bybit Suspends Sanctioned Russian Banks From P2P Services

    OKX and Bybit are the latest digital asset exchanges to delist sanctioned Russian banks from their peer-to-peer (P2P) services. 

    PM Modi Advocates Global Framework for Crypto Regulation and Ethical AI at B20 Summit

    Speaking at the B20 Summit India 2023, organized by CII, Prime Minister Narendra Modi emphasized the need for a worldwide framework for cryptocurrencies and the ethical implementation of artificial intelligence (AI).

    Layer 2 Solution Shibarium Resumes Asset Withdrawals on Bridge

    Shibarium, the Layer 2 blockchain developed by the creators of memecoin Shiba Inu, is finally resuming token withdrawals via the bridge – a tool that transfers tokens across different networks.

    Balancer Protocol Exploited for $900k Despite Prior Vulnerability Alert

    Decentralized finance protocol Balancer was exploited for nearly $900,000 on Sunday, a few days after a critical vulnerability was reported affecting a number of V2 pools. 

    Brazilian Soccer Star Ronaldinho Fails to Turn Up at ‘Crypto Scam’ Hearing

    The Brazilian football (soccer) icon Ronaldinho has failed to show at a parliamentary hearing on crypto pyramids, and could face jail time if he refuses to attend another hearing later this month.

    Blockchain Bettors Favor Vivek Ramaswamy Over Ron DeSantis as Strong Trump Challenger Post-GOP Debate

    During Wednesday's first debate for the 2024 U.S. Republican presidential nomination, candidates aimed to shift attention away from non-participating former President Donald Trump. Nevertheless, much of the spotlight remained on political newcomer Vivek Ramaswamy.

    Binance Discontinues Peer-to-Peer Service with Sanctioned Russian Banks – Here’s the Latest

    Binance has ended its relationship with five Russian banks under sanctions on the exchange's peer-to-peer service for ruble fund transfers.

    US Treasury Department Proposes New Reporting Requirements for Digital Asset Brokers – An Attempt to “Kill” Crypto Adoption?

    The US Department of the Treasury and Internal Revenue Service (IRS) on Friday released new proposed regulations that would require the brokers of digital assets to report certain sales and exchanges in an effort to crack down on tax cheats, as well as to assist law-abiding taxpayers know how much they owe.

    Sam Bankman-Fried’s Legal Team Raises Concerns Over Trial Preparations

    Sam Bankman-Fried's attorneys have raised concerns regarding the measures taken by authorities for their client's upcoming criminal trial in October. In an August 25 submission to the United States District Court for the Southern District of New York, the legal representatives argued that the measures proposed by the prosecutors were not adequate for the FTX founder to fully prepare for his trial.

    Bitfinex Crypto Exchange Collaborates with Turkey’s Second-Largest Bank to Offer Free Turkish Lira Deposits

    Crypto trading platform Bitfinex has unveiled a feature that allows its Turkish customers to directly deposit Turkish Lira into their accounts without incurring any charges.

    Exodus Records Solid Q2 with $12.4 Million Revenue – Crypto Wallets Making a Comeback?

    Crypto wallet company Exodus recorded a revenue of $12.4 million in the second quarter, experiencing a 4% decline compared to the previous year, the company announced on Tuesday.