Sei, celebrated as the industry’s fastest Layer 1 blockchain, has recently become the focus of strategic investment from Circle Ventures. It is a move signaling a pivotal exploration into innovative applications for Circle’s USDC within Sei’s flourishing ecosystem. This collaboration…
DFS Superintendent Adrienne A. Harris Adopts New Regulatory Guidance Regarding the Listing of Virtual Currency
The Superintendent of the New York State Department of Financial Services (DFS), Adrienne A. Harris, recently issued updated guidance on coin-listing and delisting policies for DFS-regulated virtual currency entities. This guidance supersedes the previous framework established in 2020 and reflects…
‘Mutant Ape Planet’ NFT Developer Pleads Guilty to an International Scheme to Defraud NFT Purchasers
Aurelien Michel is a French national previously residing in the United Arab Emirates (UAE). He was found guilty conspiring to commit wire fraud at a federal courthouse in Brooklyn, New York. This admission of guilt relates to his involvement in…
Why HSBC is Building a Decentralized Identity Solution With Polygon ID
The Internet is amazing, but it wasn’t really designed for our digital identity needs. Thankfully, Web3 has been offering a different way of handling passwords and personal data, giving us more control. Now, one of the world’s biggest banks is…
PENDLE Unlocks 51,000 tokens while FLOW Unlocks 2.60 million tokens today – Will it cause the value drop ?
The cryptocurrency market is abuzz with anticipation as two prominent players, PENDLE and FLOW, prepare to release substantial amounts of their tokens into the market. These token unlock events are pivotal moments, often influencing market dynamics and investor sentiments. In…
ApeCoin (APE crypto) to Unlock 15.6 million tokens ($23.09 million) and Oasis Network’s ROSE to Unlock 196 million tokens ($13.89 million) – Will it impact the price ?
In the fast-evolving landscape of cryptocurrency, two notable projects, ApeCoin (APE) and Oasis Network’s ROSE, are gearing up for significant token unlocking events. With a combined value of $36.57 million, these releases are poised to impact the crypto arena. This…
Estonia’s LHV Bank founder has $470M worth of Ethereum but Lost his Private Keys. What next ?
Rain Lõhmus, the visionary founder of LHV Bank in Estonia, has recently come into the spotlight as the owner of a substantial Ethereum (ETH) stash acquired during the cryptocurrency’s initial coin offering (ICO). This remarkable accumulation of 250,000 ETH, initially…
Binance Donates $100,000 to Turkish Non-Profit Ahbap for Earthquake Recovery Efforts
Binance, a leading global blockchain and cryptocurrency infrastructure provider, has just announced a generous donation of $100,000 in digital currency to Ahbap, a highly respected non-profit organization based in Turkey. This substantial contribution is earmarked specifically for constructing earthquake-resistant steel…
UK Sets Out Proposals to Bring Stablecoins into Real Economy
While the United States patiently awaits the progress of its stablecoin bill, the United Kingdom has taken a proactive stance by formulating a comprehensive proposal to regulate stablecoins. The UK has integrated stablecoins into the mainstream economy as an alternative…
Institutional custody of bitcoin could kill it, cautions Hayes
Excitement is buzzing in the crypto community as discussions around the potential approval of a spot Bitcoin ETF gain momentum. However, not everyone shares the optimism. Arthur Hayes, a key figure in the crypto space and the founder of Maelstrom…