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    Blockchain

    Bitfinex Securities to Launch in El Salvador on Jan 31 as First Registered Service Provider

    Bitfinex is set to launch in El Salvador on January 31, becoming the first registered and licensed digital asset service provider in the country.

    Jack Dorsey’s Block Inc. Initiates Layoffs to Reach 12,000 Employee Cap

    Block Inc., led by Jack Dorsey, has started implementing job cuts in a bid to reduce its workforce by the end of the year.

    South Korean Prosecutors, Police Face Bribery Wrap in Crypto Fraud Trial

    Eight South Korean prosecutors and police officers could be trialed in connection to the high-profile case of a suspected crypto fraudster.

    Binance Regains Trading Volume Market Share Following Settlement with US DOJ

    Cryptocurrency exchange Binance has experienced a notable recovery in its trading volume market share, rebounding to 49% two months after settling its case with the United States Department of Justice and paying a $4.3 billion settlement fine.

    Visa Partners with Transak To Enable Direct Crypto-to-Fiat Transactions

    Visa, a global payment giant, is further advancing its foray into cryptocurrency adoption by collaborating with Web3 infrastructure provider Transak. The partnership aims to introduce a new method for exchanging cryptocurrencies for fiat currencies without relying on centralized exchanges.

    Coinbase to Impose Fees on USDC to USD Conversions Exceeding $75 Million

    On January 30 Crypto exchange Coinbase announced a new fee structure affecting large-scale conversions from USDC to USD. The changes, set to impact institutional clients handling significant transaction volumes, mark a shift in the exchange’s fee policy.

    Liquidity and Regulatory Issues Are Obstacles to Tokenization of Real World Assets, Says Van Eck CEO

    In a January 28 interview with Real Vision co-founder Raoul Pal, Van Eck CEO Jan van Eck noted that a couple of major challenges are hindering the tokenization of real-world assets.

    BitPanda to Cease Operations in Netherlands Following New EU Regulations

    Dutch users of the crypto exchange Bitpanda will no longer be able to utilize the platform, a January 26 company email has revealed.

    New York’s Bar Association Seeks Law Reform to Keep Crypto Market Lead

    New York City’s Bar Association has pitched an amendment to the law relating to emerging technologies aiming to see the city maintain its crypto market lead.

    UAE Central Bank Completes First Cross-Border Digital Dirham Transfer Using mBridge CBDC Platform

    The Central Bank of the United Arab Emirates (UAE) achieved a significant milestone by conducting its inaugural cross-border digital dirham transfer using the mBridge central bank digital currency (CBDC) platform on January 29.

    Chris Dixon’s New Book Explores All the Cool Stuff Blockchain Can Do

    Chris Dixon, general partner at Andreessen Horowitz, releases his new book “Read Write Own: Building the Next Era of the Internet” on Jan. 30.

    Defendant Pleads Guilty to Drug Related Charges, Forfeits $150 Million Worth of Cryptocurrency

    An Indian national has pleaded guilty to conspiracy and narcotics-linked charges issued by a United States District Court. The guilty plea resulted in a forfeiture of $150 million worth of cryptocurrency.

    Rep. French Hill Voices Optimism for Crypto Legislation Progress in 2024

    U.S. House Representative and Financial Services Subcommittee on Digital Assets Chair French Hill (R-AR) has voiced optimism about the progress of cryptocurrency legislation in 2024.

    Web3 Gaming Firm Immutable Opens zkEVM Mainnet Early Access with Polygon

    Gods Unchained developer Immutable launched early access for its zkEVM Mainnet powered by Polygon on Monday.

    OKX Expands Token Support, Adds Atomicals, Stamps, Runes, and Doginals to Platform

    OKX, a prominent Web3 technology company, has announced its pioneering initiative to become the first platform to support four new inscription token standards, namely Atomicals, Stamps, Runes, and Doginals.

    Amazon Developing Movie on Bitcoin Money Laundering Couple Linked to Bitfinex Hack

    Amazon MGM Studios is reportedly in the early stages of developing a movie based on the exploits of the couple involved in laundering billions of dollars worth of Bitcoin connected to the 2016 hack of the cryptocurrency exchange Bitfinex.