More

    Blockchain

    Celsius Network’s Alex Mashinsky Arrested as U.S. Authorities Sue Bankrupt Crypto Lender

    The former CEO of bankrupt crypto lender Celsius Network Ltd., Alex Mashinsky, has been charged with fraud by the U.S. Department of Justice (DoJ) and sued by three regulatory agencies over the company's collapse.

    Coinbase Wallet Introduces Messaging Feature for Direct User Interaction

    Coinbase’s self-custody wallet – one of the most popular tools for personally safeguarding one’s crypto holdings – will soon function as a simultaneous encrypted messaging service, the company revealed on Wednesday. 

    Chainalysis Report: Significant Decline Seen in Crypto Scams in 2023

    2023 has so far been a meager year for crypto scammers, according to a new report from blockchain intelligence firm Chainalysis.

    India Central Bank Official Warns of ‘Existential Threat’ from Stablecoin

    Reserve Bank of India’s Deputy Governor has warned that stablecoins pose an existential threat to policy sovereignty and are not useful to economies like India. 

    Snoop Dogg and a16z Join $20 Million Funding Round for Web3 Music Platform Sound

    Web3 music platform Sound has raised $20 million in a Series A funding round led by Venture capitalist firm Andreessen Horowitz (a16z) and American rapper Snoop Dogg.

    Co-founder of Indian Crypto Unicorn 5ire to Depart Amid Internal Dispute – Here’s the Latest

    Blockchain layer 1 network 5ire, which secured series A funding last year valuing the company at $1.5 billion, is now bidding farewell to one of its co-founders.

    Google Play Embraces Digital Assets & NFTs: What You Need to Know

    In an unprecedented move, Google Play, the popular Andriod app and game marketplace, has announced policy changes to allow the integration of digital assets such as non-fungible tokens (NFTs) into its platform.

    New Tool Allows Bitcoin Holders to Store Private Keys as Colors

    One of the challenges crypto investors face is the issue of asset loss. Sometimes, scammers steal users’ assets when they access their private keys. 

    Singapore’s Investment Conglomerate Temasek Drops Crypto Investment Plans Citing Regulatory Uncertainties

    Singaporean investment conglomerate Temasek has decided to drop its plans to invest in crypto exchanges, due to regulatory uncertainties.

    Former CFTC Chair: Crypto Regulations Must Not Wait for Litigation, Standards Needed Today

    A crackdown on the crypto industry in the US should not wait for litigation in courts to conclude, but instead move forward with temporary restraints while the courts do their work, a former regulator has said.

    IMF Highlights Climate Change and DAOs as Major Threats to the Marshall Islands

    The International Monetary Fund (IMF) has identified climate change and decentralized autonomous organizations (DAOs) as potential threats to the Republic of Marshall Islands. Therefore, the IMF urges reforms in light of these challenges.

    US Senators Cynthia Lummis and Kirsten Gillibrand Propose Legislation to Regulate Digital Assets

    US Senators Cynthia Lummis and Kirsten Gillibrand are set to propose a new bill today to regulate cryptocurrencies and other digital assets in the country. 

    Hong Kong’s Grey Zone Crypto Stores Draw in Chinese Visitors

    According to a report from the Financial Times, the influx of Chinese tourists into Hong Kong has witnessed a peculiar trend in recent months, as more individuals seek to purchase cryptocurrencies during their visits.

    Bank for International Settlements Rejects Crypto as Money in Report to G20

    A new report from the Bank for International Settlements (BIS) has pointed to “inherent structural flaws” in crypto as the reason why it will never become money.

    South Korea To Require Firms To Disclose Crypto Holdings Starting 2024

    South Korean firms that hold or issue cryptocurrencies will be required to disclose information about their transactions to the financial regulator starting next year.

    New Research: Bitmain’s S19 Miners Hold Majority of Bitcoin Network Hashrate

    Bitcoin’s energy efficiency has been a concern over the years as mining activities consumed rather massive amounts of electricity.