CNN recently reported that Sam Bankman-Fried, founder of the collapsed cryptocurrency exchange FTX, will testify in his criminal fraud trial as early as Thursday, his defense team announced Wednesday. The move signals a dramatic shift in legal strategy as Bankman-Fried…
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Blockaid Raises $33M to Enhance Blockchain Security Protections.
Cybersecurity startup Blockaid has secured $33 million in a Series A funding round to boost the development of its blockchain protection solutions. The Israel-based company also revealed new partnerships with major crypto industry players like MetaMask and OpenSea. Driving innovation…
France Introduces Sorare Law to Regulate Crypto-Gaming
Key Highlight In a significant shift signaling changing attitudes toward the crypto-gaming sector, the French National Assembly has officially ratified the Sorare law. This legislation by France stands as a pivotal component of the broader Digital Space Regulation Law (SREN),…
Binance Ends Visa Debit Card Services in the European Region
Binance, a global leader in the cryptocurrency exchange domain, recently made headlines with its decision to discontinue its Visa debit card services in the European Economic Area effective December 20, 2022. This significant move marks the end of a partnership…
Singapore Court Uses NFTs to Track Hacked Crypto Assets
NFTs new tool for legal oversight In an unprecedented move, Singapore’s court has authorized using non-fungible tokens (NFTs) to track cryptocurrency funds linked to a major hack. By attaching these NFTs to specific wallets, the court has created digital markers…
Cardano’s ADA Anticipates a Challenging Phase: Expert Analysis
According to a recent analysis from prominent crypto expert Benjamin Cowen, Cardano’s ADA token is confronting a questionable future. Cowen, who holds a Ph.D. in engineering, has established himself as an authoritative voice on cryptocurrency markets. His latest observations indicate…
Stellar: Early Blockchain Built for Payments Adds Smart Contracts to Take on Ethereum
Stellar, a mature blockchain project with nine years under its belt, has garnered attention for its latest project – Soroban. With a dedicated community of developers, substantial backing, and a strategic partnership with the global money transfer behemoth, MoneyGram, Stellar…
Q3 Report Reveals Polkadot’s Blueprint For Reshaping Its Workforce
Polkadot treasury report fuels downsizing speculation. Image Source: Polkadot-treasury-report Polkadot’s recently published Q3 2023 Treasury Report has fueled speculation that the blockchain firm and its strategic partners may face significant layoffs. Critics argue the report’s uneven expenditures signal plans to…
DTCC, Leading US Clearinghouse, Expands Blockchain Advancement with Acquisition of Securrency
In a groundbreaking move to accelerate the adoption of blockchain technology in the financial industry, Depository Trust & Clearing Corp. (DTCC) has announced its acquisition of Securrency Inc., a startup specializing in blockchain solutions. This strategic partnership aims to leverage…
Ras Al Khaimah Unveils RAK Digital Assets Oasis: A Trailblazing Blockchain-Centric Free Zone for Digital Assets
Ras Al Khaimah, UAE In a strategic move to diversify its economy, Ras Al Khaimah has launched the RAK Digital Assets Oasis (RAK DAO), positioning itself at the forefront of blockchain, metaverse, and other emerging technologies. Unveiled on October 19…