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    Blockchain

    Crypto Custodian Ledger Lets Users Buy Digital Assets In New PayPal Integration

    Crypto hardware wallet, Ledger has announced a new PayPal integration that allows its users to buy Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and Bitcoin Cash (BCH). 

    Base and Linea Users Lose $460,000 as SwirlLend Vanishes in Suspected Exit Scam

    SwirlLend, an Ethereum Layer 2 lending project active on the Base and Linea networks, has reportedly pulled off an exit scam that has resulted in the disappearance of an estimated $460,000 in user deposits.

    PayPal Halts Crypto Sales in U.K. Until 2024 to Comply With New FCA Rules

    Online payment giant PayPal said it will temporarily pause crypto buying services in the UK to comply with the recent new rules for marketing cryptoassets enacted by the UK Financial Conduct Authority (FCA).

    Crypto Billionaire Justin Sun’s Huobi-Linked Exchange WhiteBIT Raises Concerns Over Its Lending Platform

    An obscure exchange with connections to Justin Sun, WhiteBIT, has sparked concerns after advertising a staggering Annual Percentage Yield (APY) of 24.8% to users depositing Tether (USDT) for a year on its lending platform, Protos reported. 

    Singapore Court to Adjudicate DeFiance Capital’s $140 Million Dispute with 3AC Liquidators

    A judge in Singapore has decided that a $140 million legal dispute between bankrupt crypto hedge fund Three Arrows Capital’s (3AC) liquidators and investment firm DeFiance Capital will be heard in the city-state, against the will of the liquidators.

    Chamber of Digital Commerce Policy VP Criticizes SEC’s Aggressive Stance on Crypto Industry Regulation

    During an interview, Cody Carbone, the Vice President of Policy at the Chamber of Digital Commerce, expressed his concerns regarding the regulatory stance the US Securities and Exchange Commission (SEC) has adopted toward the cryptocurrency industry. 

    Binance Connect to Cease Operations on August 16 – What’s Going On?

    As confirmed via email from a Binance spokesperson on August 15, Binance Connect, the regulated buy-and-sell crypto arm of the Binance exchange, will shut down on August 16.

    South Korean Police Arrest 312 in Crypto-powered Drug Trading Busts

    South Korean police are stepping up their crackdown on crypto-powered drug trafficking, and have made 312 arrests in a wide-sweeping narcotics bust.

    Understanding Blockchain’s Eco-Friendly Shift: Five Steps to Clarify Energy Concerns

    Binance published a blog post on Monday teaching readers how to dispel commonly cited blockchain FUD related to the industry’s energy footprint and supposed environmental harm.

    Prime Trust Crypto Custodian Enters Chapter 11 Bankruptcy Amid Prolonged Crypto Winter

    On Monday, Las Vegas cryptocurrency custodian Prime Trust filed for Chapter 11 bankruptcy protection, marking another setback for the troubled fintech company.

    Web3 Metaverse & Creator Platform ZTX Raises $13 Million in Blockbuster Fundraising Round

    Web3 metaverse and creator platform ZTX just closed a successful $13 million seed round led by leading crypto investment firm Jump Crypto, according to a press release sent to Cryptonews.com.

    Auradine: How a Crypto Startup Secured $81 Million with a Visionary Pitch

    Crypto startup Auradine has managed to secure a staggering $81 million in its debut funding round, even without a product or customers to its name, a recent article from Fortune Crypto has revealed.

    Binance US Seeks Protective Order Against Renewed SEC Probe

    Binance US, the United States entity of digital asset exchange, Binance has filed a motion to limit the extent of discovery sought by the Securities and Exchange Commission (SEC) in its investigation against the company. 

    Increased Interest Rates Drive Maker Protocol’s Revenues to 2-Year High of $165 Million

    The annualized revenue generated by the popular decentralized finance (DeFi) protocol Maker has risen to over $165 million, representing a 2-year high.

    New Zealand Crypto Exchange Dasset Begins Voluntary Liquidation, Customer’s Assets Frozen

    An Auckland-based crypto exchange Dasset has apparently gone into liquidation, denying hundreds of customers from accessing their assets.

    Dubai Offers Web3 and AI Firms A 90% License Fee Cut, Seeks To Host Largest Tech Firms In MENA

    Dubai has announced a 90% registration subsidy for web3 and Artificial Intelligence (AI) companies seeking operational licenses in the city as it seeks to create the largest pro-tech hub in the Middle East and North African Region (MENA).