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    Blockchain

    Is Crypto a Security? South Korean Courts Can’t Decide – and It’s Causing Legal Backlogs

    “Is crypto a security?”– South Korean courts cannot seem to decide on the answer, and a new report claims the conundrum is causing a legal backlog.

    ECB’s Disparaging Comments on Bitcoin Draw the Ire of Crypto Community

    On February 22, the European Central Bank (ECB) described Bitcoin as a ‘dead cat’ and criticized its use in criminal activities on the darknet. These remarks have ignited a backlash from the crypto community, questioning the ECB’s stance and credibility.

    Avalanche Blockchain Faces Block Production Disruption Following New Inscription Wave

    Avalanche, a layer-1 network, has encountered a block production failure lasting nearly two hours, as reported on its status page.

    Blueberry DeFi Protocol Suspends Lending Services After $1.3M Exploit

    Blueberry managed to suspend its lending services shortly after suffering an exploit that led to over $1.3 million worth of Ether being drained from the DeFi protocol.

    Chinese Prosecutors Promise Increased Punishment for Blockchain and Metaverse Crimes

    Criminals engaging in illicit operations through the use of blockchain technology and metaverse projects will face increased repercussions, China’s highest prosecutor said today.

    Nigeria’s Crypto Community Criticizes Government Stance on Exchanges

    Nigeria’s crypto community has slammed the recent anti-industry stance of a government that previously lifted the ban on crypto trading.

    Harsh Rajat, Co-Founder of Push Protocol, on Bringing Notifications to Web3, Token-Gated Messaging, Web3 Native Communication | Ep. 311

    Harsh Rajat, the co-founder of Web3 communication network Push Protocol, spoke with the Cryptonews Podcast host Matt Zahab about the potential for Web3 to hit the one-billion user milestone and how Web3-native communication helps the industry achieve that goal.

    Injective Partners with DojoSwap to Launch CW-404 Standard, Inspired by ERC-404

    On February 23, Injective Protocol announced a strategic partnership with DojoSwap to launch the CW-404 standard, a groundbreaking token standard inspired by ERC-404. This collaboration aims to foster innovation and interoperability within the decentralized finance (DeFi) ecosystem.

    5 Expert Tips for Crypto Startups Seeking Funding in Today’s Market

    Venture capitalists are warming up to funding blockchain and crypto projects, ready to fuel the next wave of innovations.

    Axie Co-Founder’s Personal Accounts Breached for $8M, Ronin Bridge Unaffected

    Jeff “Jihoz” Zirlin, co-founder of Axie Infinity, experienced a security breach in two of his personal Ethereum addresses on Ronin, resulted in an $8 million loss.

    Japanese Mega-firms Mitsubishi UFJ, Rakuten, Mizuho to Launch Security Tokens Offering

    Security tokens are set for a boost in Japan, where business giants including Mitsubishi UFJ, Mizuho Bank, and Rakuten will launch an offering that pays interest in “electronic money.”

    UK Law Commission Seeks To Classify Cryptocurrencies As “Property” In New Draft Bill

    A Thursday UK legislation would see cryptocurrencies officially classified as a new form of property, establishing greater legal certainty around digital assets at large.

    Reddit Holds Bitcoin (BTC) and Ether (ETH), According to IPO Filing

    Household social media platform Reddit holds Bitcoin (BTC) and Ether (ETH), according to a public IPO filing.

    Sen. Elizabeth Warren Calls Republican Opponent John Deaton’s Campaign a “Threat,” Presses Donor Base for Funding

    Senator Elizabeth Warren (D-MA) referred to Republican opponent John Deaton’s campaign as a “threat” as she called on supporters to help fund her campaign against him, newly surfaced emails from the politician over the past week reveal.

    Oscar-Winner Shane Boris to Produce Crypto Film Funded by Arbitrum Foundation

    The foundation supporting Ethereum scaling solution Arbitrum is financing a feature film about crypto by Oscar winner Shane Norris.

    Sam Bankman-Fried Stands by Legal Team Amidst Conflict of Interest Concerns

    Disgraced former FTX CEO Sam Bankman-Fried (SBF) on Wednesday confirmed plans to stick with his new lawyers Marc Mukasey and Torrey Young, who are also representing Celsius CEO Alex Mashinsky, according to a report by Reuters.