DeFi Technologies Launches Core Chain Validator, Stakes Nearly $100 Million in Bitcoin
DeFi Technologies, a Toronto-based blockchain company, has significantly expanded its footprint in the decentralized finance (DeFi) space by launching a validator node on the Core Chain. This move involves staking…
Bitcoin Mining Stocks Surge After Trump’s Pledge to Support US Miners
Bitcoin mining stocks saw a significant surge on Wednesday, rising by double digits following a statement from U.S. presidential candidate Donald Trump. Trump pledged to enhance Bitcoin mining operations in…
Tether to Invest $1 Billion in Emerging Technologies Over the Next Year
Tether, the company behind the largest stablecoin in the cryptocurrency market, is expanding its horizons with plans to invest a substantial portion of its revenue into cutting-edge technologies. According to…
Thailand SEC Revokes Zipmex’s Licenses Due to Non-Compliance with Regulatory Orders
After enduring months of intense regulatory scrutiny, Zipmex, a cryptocurrency exchange, has had its operating licenses revoked by Thailand’s Securities and Exchange Commission (SEC). This decision marks a significant setback…
SushiSwap Transitions to ‘Labs’ Model and Introduces Multi-Token Ecosystem
After months of intense debate, SushiSwap, a leading decentralized exchange (DEX), has unveiled a transformative new business model under the banner of Sushi Labs. This transition aims to streamline the…
Crypto.com Gains Approval from Ireland’s Central Bank, Expanding Its Reach in Europe
The Central Bank of Ireland (CBI) has granted another major cryptocurrency firm, Crypto.com, the status of a Virtual Asset Service Provider (VASP). This significant approval, announced on June 11, allows…
FTC Issues Urgent Warning Over Rising Crypto Romance Scams
The United States Federal Trade Commission (FTC) has issued a critical consumer warning about a surge in romance scams involving cryptocurrencies. The agency is urging individuals to sever contact with…
Indiana Commits to Reliable Energy and Water Supply for Crypto Miners and Data Centers
Indiana is rolling out the red carpet for major corporations and cryptocurrency mining operations by promising a steady supply of low-cost power and water. This move aims to attract and…
EU Innovation Hub Raises Concerns Over Privacy Coins and Crypto Mixers in New Report
Data encryption is a powerful tool that can strike a delicate balance between safeguarding individual privacy and ensuring collective security. However, in the realm of cryptocurrency, encryption technologies face significant…
Australia Implements Ban on Crypto and Credit Cards for Online Gambling
In a decisive move to protect its citizens from potential financial harm, the Australian government has instituted a ban on using cryptocurrencies and credit cards for online gambling. This measure…
Australian MP Advocates for Blockchain as Catalyst for Economic Growth
In a compelling address to digital asset executives during Australia’s Blockchain Week 2024 in Sydney on June 11, Parliament Member Andrew Charlton highlighted the transformative potential of blockchain technology for…
SEC Considers Spot Ether ETF Application from ProShares
The United States Securities and Exchange Commission (SEC) has taken a significant step by adding a spot Ether (ETH) exchange-traded fund (ETF) application from ProShares to its docket. This move…
DeFi Technologies Embraces Bitcoin as Primary Treasury Reserve Asset
In a significant move reflecting the growing institutional adoption of cryptocurrencies, DeFi Technologies, a publicly listed exchange-traded product (ETP) provider and venture capital firm, has announced the adoption of Bitcoin…
Travala Integrates Telegram Open Network, Expanding Payment Options with Toncoin
Travala, a pioneering crypto-native travel booking platform, has announced a significant integration with the Telegram Open Network (TON). This new partnership will enable holders of Toncoin (TON) to book airline…
Singapore Alerts Businesses to Rising Threat of Akira Ransomware
The notorious Akira ransomware, responsible for extorting $42 million from over 250 organizations across North America, Europe, and Australia in just a year, is now setting its sights on businesses…
South Korea’s Financial Regulator Clarifies NFT Classification as Virtual Assets
South Korea’s Financial Services Commission (FSC) has released new guidelines detailing when nonfungible tokens (NFTs) should be classified as virtual assets. These guidelines, announced on June 10, aim to provide…
Bitcoin ETFs Absorb Two Months’ Worth of Mining Supply in Early June Surge
In a remarkable show of demand, U.S. spot Bitcoin exchange-traded funds (ETFs) acquired an amount of Bitcoin equivalent to nearly two months’ worth of mining output in just the first…
Fireblocks Expands Offerings with Coinbase International Partnership for Perpetual Futures and Spot Trading
Fireblocks, a leading digital asset infrastructure provider, has significantly broadened its service portfolio. Through a new partnership with Coinbase, Fireblocks now offers derivatives and trading products to both institutional and…
Solana Cracks Down on Validator Sandwich Attacks
The Solana Foundation has taken decisive action against a group of validator operators involved in sandwich attacks on traders, removing them from its delegation program. This move underscores the Foundation’s…
Ripple Partners with National Bank of Georgia to Digitize Economy
Ripple, a leading cryptocurrency and blockchain technology firm, is deepening its collaboration with the Republic of Georgia by exploring innovative ways to digitize the local economy. This partnership involves close…