Category : Blockchain

Blockchain

Facebook Commences Trials for Digital Collectible Integration

Social media giant, Facebook has reportedly commenced trials for the integration of Non-Fungible Tokens (NFTs) on its platform. (Read More)

Minima Blockchain Network Reaches 120,000 Complete Nodes, Surpasses Bitcoin Node Count

The history of blockchain has witnessed another level higher with the number of Minima complete nodes surpassing the number of Bitcoin full nodes. (Read More)

Hong Kong’s OSL and US-Based Abra Become the Latest Crypto Firms to Announce Layoffs

OSL and Abra have announced job cuts as they grapple with slowing growth triggered by harsh reality facing the crypto market. (Read More)

New York State Denies Air Permit to Greenidge Crypto Mining Facility on Seneca Lake

Greenidge Bitcoin mining firm has been denied air permit by the regulator in a move that could lead to the retrenching of hundreds of workers in the crypto mining sector. (Read More)

EU Partially Agrees to Establishes Anti-Money Laundering Authority

The European Union through the Council of the EU has agreed on partial terms to establish an Anti-Money Laundering (AML) body that will be named the Anti-Money Laundering Authority (AMLA) (Read More)

MAS Faults Three Arrows Capital for Sharing False Information

Despite its current woes as a liquidated company, the Monetary Authority of Singapore (MAS) has come out openly to accuse Three Arrows Capital (TAC), also popularly called 3AC, of providing it with false information about key aspects of its business...

FTX Abandoned Discussions to Celsius Network Acquisition - Report

The latest on Thursday 30th June showed that Bahamian cryptocurrency exchange FTX Derivatives Exchange passed on a deal to acquire New Jersey-based crypto lending firm Celsius Network. FTX had begun discussions with Celsius about bailing out the t...

OneCoin Founder Ruja Ignatova Added to FBI's Most Wanted List

Ruja Ignatova, the fraudulent ‘CryptoQueen’ as she is known has been on the Federal Bureau of Investigation (FBI) list of the ten most wanted criminals. The addition of Ruja was based on her use of her OneCoin crypto company to defraud millions of...

Grayscale Goes to Court After SEC Rejects its Proposed ETF Bid

The United States Securities and Exchange Commission (SEC) dashed the hopes of Grayscale Investments with a rejection of its application to convert the product to a full-spot Exchange Traded Fund (ETF). In response, the investment asset manager h...

Deutsche Bank Sees Bitcoin Touch $28,000 By 2022 End, But Warns of Risks Ahead

The price of Bitcoin is now at $20,108.16, a change of -0.59% over the past 24 hours, as of 2:38 AM, 30th June East African time. Currently, the crypto market is experiencing bad days with prices trading lowest since December 2020. In connection w...

British Virgin Island Court Orders the Liquidation of Three Arrows Capital

Earlier this week, a court from the British Virgin Islands ordered the liquidation of embattled crypto hedge fund Three Arrows Capital (3AC), as the firm proved beyond doubt that it cannot fulfil its debt obligations. As by Sky News, Teneo, a Brit...

MicroStrategy Buys Additional $10M Worth of Bitcoin

Not minding the losses accrued thus far, MicroStrategy Incorporated has continued to buy the dip, the latest of which is 480 units of Bitcoin () worth approximately $10 million. According to a Form 8-K lodged with the United States Securities and...

Chainalysis Finds Ownerships of Web3 DAOs Are Not Actually Decentralized

Chainalysis published a research study showing that although decentralized autonomous organizations (DAOs) have emerged as the future of decentralized corporate governance, there have been several weaknesses in their functioning. According to the s...

ShareRing Integrates New Website with Blockchain-Based Digital Identities

To tackle the challenge of the loss of autonomy on personal data experienced in Web2, ShareRing has launched a new website with blockchain-powered that will usher in the Web3 era. The lack of the ability to manage digital identity and footprint in...

Only1 Launches First Web3.0 Social NFT Platform Built on Solana

Only1 Limited, a software development firm based in Hong Kong, has announced the launch of its web3.0 social platform dubbed ‘Only1.’ The web3.0 platform is designed with multiple features including a 360° social network with user profile, messen...

Hong Kong Digital Asset Exchange Limited(HKD.com) announces M+A with Technicorum Holdings, creating USD100million valuation company in Singapore

SINGAPORE & HONG KONG – JUNE 28 , 2022 Hong Kong Digital Asset Exchange Limited (HKD.com), a leading digital asset exchange in Hong Kong, today announces that the company has entered a joint strategic partnership and merger and acquisiti...

GogolCoin Unveils Its Cryptocurrency Exchange - GOLEX - the Premier & Most Secure Exchange in MENA Region

Dubai, United Arab Emirates, 29th June, 2022, Chainwire Recognized as a pioneering platform for buying, trading, and selling cryptocurrency in MENA Region, stands out as the ideal exchange in a decentralized future. Building upon its growing platfo...

VTB Bank's Subsidiary Tokenizes Commercial Debt in Landmark DFA Transaction

Russia’s State-owned bank VTB, through its subsidiary, VTB Factoring has completed the country’s first commercial paper tokenization through a partnership with Lighthouse, an information system operator and startup. As by VTB, the issuer's commerci...

Top Executives Quit as Babel Finance Sees Financial Woes

Troubled crypto lending firm Babel Finance is continuing to face further woes as multiple top employees are leaving the company. According to the latest report, one of the prominent employees, Yulong Liu, head of global partnerships at Babel Financ...

Celsius Had Higher Risk Profile Than Average US Bank: WSJ

A recent from the Wall Street Journal (WSJ) has revealed that embattled crypto lending platform Celsius Network took on more risk than it could naturally handle. A review of the data sent to investors when it last raised $400 million showed that...

Fetch.ai Launches Blockchain-based File-Sharing Platform for Data Monetization Management

Fetch.ai, a machine learning-based blockchain platform, has rolled out an end-to-end encrypted file-sharing platform dubbed DabbaFlow, facilitating and accelerating the potential of data sharing securely. Per the announcement: “Advanced data-...

Cypherpunk Holdings Sells All Crypto Assets to Avoid Market Volatility

Cypherpunk Holdings, a Canada-based firm that invests in technologies and , announced on Tuesday that it has sold all of its Bitcoin and Ether holdings to ride out the ongoing market risks. The firm sold 214.7203 Bitcoins for about C$6.09 million (...

Roger Ver Owes CoinFlex $47 Million in USDC, Says CEO

CoinFlex CEO Mark Lamb has revealed through a Twitter thread that crypto investor Roger Ver owes the company $47 million in USDC. The Bitcoin.com founder's failure to repay CoinFlex has halted withdrawals from the crypto exchange since last week. L...

Axie Infinity's Ronin Bridge Officially Reopens after $625m Hack

Axie Infinity's Ronin Bridge is back online months after it was about $625 million through an exploit in March. As by the protocol on Tuesday, all users' funds have now been restored on a 1:1 basis as previously by Sky Mavis. According to the...

Crypto Data Firm Kaiko Raises $53m from Investors Led by Eight Roads

Blockchain data startup, Kaiko has $53 million in its Series B funding round, tripling the company’s valuation amidst the bearish crypto market terrain. The funding round was led by Alibaba’s backer, Eight Roads, with participation from Revaia as...

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