The recent collapse of FTX, one of the industry’s largest and most trusted crypto exchanges, has opened the debate for setting standards to prove solvency in centralized exchanges. Since the...
Crypto Gets Oily: Olive Oil Company Issued Euro Stablecoin Bond on Obligate
French agricultural firm Lamar Olive Oil has successfully issued an on-chain bond on the Switzerland-based DeFi platform Obligate, marking a notable development in business financing models using crypto: At @obligatecom...
IRS Can Access Your Coinbase Trade Records, John Doe Summons Valid
A U.S. Federal court has confirmed that the Internal Revenue Service (IRS) holds the authority to demand user data from Coinbase, a leading cryptocurrency exchange. The verdict dismissed constitutional objections...
FTX Case Passed to Third Circut Court of Appeals: ‘The facts are not in dispute’
Delaware District Judge Colm F. Connolly has approved to pass the case involving FTX to the U.S. Third Circuit Court of Appeals, leading the way for an independent investigator’s appointment,...
Project Spotlight
NFT Project Spotlight: Hume’s Music NFT Metastars
August 27, 2022
NFT Project Spotlight: Society of the Hourglass and Its Kid-Friendly Cartoons
August 2, 2022
DeFi Project Spotlight: Euler Finance, the Next-Generation Money Market
July 18, 2022
NFT Project Spotlight: fxhash, the Tezos-Based Generative Art Platform
June 11, 2022
DeFi Project Spotlight: Frax Finance, a Sweet Spot for Stablecoins
June 4, 2022
NFT Project Spotlight: Ember Sword, the NFT-Driven MMORPG
Binance announced partnership with Thailand’s Gulf Innova, acquiring the digital asset operator licenses from Thailand’s Ministry of Finance. This significant milestone paves the way for the company’s anticipated digital asset...
Next Block Expo (NBX) Concludes Successful Second Edition in Warsaw
The second edition of the Next Block Expo (NBX) has recently concluded in Warsaw, Poland, with impressive results highlighting the vibrant energy and forward momentum of the Web 3.0 ecosystem....
Stably, a Stablecoin-as-a-Service (SCaaS) provider and fiat on/off-ramp infrastructure provider for Web3 projects founded in 2018, has launched stablecoin Stably USD (#USD) as a BRC20 token. This move by Stably...
Do Kwon’s Bail Revoked; Terra Execs to Stay in Jail in Montenegro: Bloomberg
12 days ago, Do Kwon and Han Chang-joon’s bail was accepted. Now, it has been revoked by the higher courts of Montenegro. A high court in Montenegro annulled the lower...
Binance Refutes Reuters’ Claims of Commingling: “Story is so weak”
Binance, the world’s largest cryptocurrency exchange by trading volume, is staunchly denying allegations made by Reuters that it commingled customer funds with its own revenue in 2020 and 2021. Patrick...
OKX Partners with Komainu, Enabling 24/7 Secure Trading of Segregated Assets Under Custody for Insti...
OKX, the world’s second-largest cryptocurrency exchange by trading volume and a leading Web3 technology company, and regulated digital asset custody service provider Komainu, today announced that OKX has joined collateral...
Bitget Receives Polish Regulatory Licence as Fifth-Largest Exchange Moves Further into EU
Cryptocurrency exchange Bitget confirmed its registration as a Virtual Asset Service Provider (VASP) in Poland on May 23, granting Bitget the legal right to conduct operations within the Polish cryptocurrency...
Genesis’ Parent Company DCG Missed a $650M Payment to Gemini, 232,000 Earn Users in Limbo
The Digital Currency Group (DCG), a leading crypto conglomerate and parent company of Genesis’ lending division, finds itself entangled in the bankruptcy proceedings between Gemini and Genesis. The last few...
Texas Votes to Require Exchanges’ Proof of Reserves; Next Stop Governor’s Desk
Texas is set to become the first state in the United States to pass a bill requiring digital asset service providers, such as crypto exchanges, to maintain proof of reserves....
SlingShot DAO Launches Platform to Utilize DAO Votes for New Game Onboarding
SlingShot DAO, a gaming idea launchpad, created a platform that aims to democratize game creation — putting users in charge of which game to add to the platform. Anyone can...
Binance Australia Suspends Cash Withdrawals, Loses Banking Partner Due to Compliance Shortcomings
Binance Australia, a subsidiary of one of the industry’s largest cryptocurrency exchanges, has announced that it will be suspending deposits and withdrawals of Australian dollars via PayID and bank transactions...
