FTX Exchange Launches Services In Japan Via FTX Japan
FTX crypto exchange will provide crypto services to the Japanese via FTX Japan, a licensed Japanese crypto-asset exchange services provider and Type 1 Financial Instruments Business license holder.
Solana Drops About 13% After Network Suffers Yet Another Outage
The outage lasted for roughly 4 and a half-hours, according to SolanaStatus
Terraform Labs Sent $4.8M In Crypto To 'Company K'
Terraform Labs, the firm which created the Terra project, has been possibly laundering money via a shell company run anonymously by the Seoul-based firm as it was caught moving $4.8 million, as per a report from South Korean media outlet KBS News.
Fidelity's Digital Asset Arm To Hire For More Than 200 New Positions This Year
The digital assets arm of Fidelity Investments, Fidelity Digital Assets, plans to increase its workforce with 210 new positions.
Former Product Manager At OpenSea Charged With Insider Trading Of NFTs
A former product manager at OpenSea, Nathaniel Chastain, has been arrested in New York in the first-ever digital asset insider trading scheme after he used sensitive information for his own personal gain.
Morgan Stanley Predicts An Upcoming Slump In VC Investment In Crypto
Crypto firms raised a record $30 billion of venture capital in the past year
Basel Committee To Produce A Second Consultation Paper On Cryptocurrencies
The Basel Committee on Banking Supervision (BCBS) plans to release a second consultation paper on crypto assets as per the discussions held on May 27.
BNB Chain Develops A Roadmap To Enhance The Network's Decentralized Structure
Binance introduced a roadmap for the BNB Chain at the BNB Chain Revelation Summit which took place Tuesday and plans to increase the efficiency of the blockchain.
Singapore's Regulator To Explore Potential Of DeFi And Asset Tokenization
The Monetary Authority of Singapore has launched "Project Guardian" through which the regulator aims to test the potential applications of asset tokenization and decentralized finance.
Moneygram Partners With Stellar Blockchain, Plans Wallet Deal In El Salvador: Report
Moneygram CEO Alex Holmes has confirmed the firm's partnership with Stellar blockchain to create a platform for stablecoin money transfers using Circle's USDC.
India's Crypto Consultation Paper Is Almost Ready: Economic Affairs Secretary
India's cryptocurrency consultation paper is almost ready, a top finance ministry bureaucrat told reporters on the sidelines of an event Monday.
Ethereum Gas Fee Declines Even As Price Stays Below $2,000
As Ether prices stays below $2,000, the gas fee on the Ethereum network has declined to record lows and, as of 10:33 pm ET, the average fee is 27 gwei ($1.13).
Indian Central Bank To Introduce CBDC In Phases; Sets Up An Innovation Hub
The Reserve Bank of India plans to launch the nation's official CBDC in a phased manner and has set up the Reserve Bank Innovation Hub (RBIH) with headquarters in Bengaluru.
LUNA 2.0 Plunges After Listing On ByBit
After the launch of LUNA 2.0, the token peaked at $19.53 but crashed 70% shortly after. LUNA 2.0 has been trading in the $4-$6 price range since then.
Nike's Web3 Arm Now Owns 10 Ethereum Domain Names Following Purchase Of 'DotSwoosh'
Nike's Web 3.0 arm, RTFKT, has purchased another ENS for 19.72 Ether, which amounts to $35,496 as of 10:24 pm ET on Sunday. The firm now owns 10 ENS.
China Bans Move-To-Earn Game Stepn, Native Token Crashes
The "move-to-earn" game Stepn will be unavailable in China starting July 15 to comply with regulations
Tether Launches Stablecoin Pegged To The Mexican Peso
Tether, the firm behind USDT stablecoin, has confirmed the launch of a new stablecoin pegged to the Mexican peso, MXN₮ as the firm plans to expand into the Latin American market.
Crypto Exchange Huobi Global Acquires Latin American Exchange Bitex
Huobi Global, a Seychelles-based crypto exchange, has acquired Latin American exchange Bitex to establish dominance in the Latin American region.
Ethereum Co-Founder Gavin Woods Issues Warning To Investors Amid Crypto Crash
The founder of the Web 3.0 Foundation, Gavin Wood, has warned crypto investors to invest carefully after nearly $800 billion has been wiped off the entire crypto market in the last few weeks.
NFT Marketplace DeepRedSky Will Accept BTC, SOL And DOGE As Payment
NFT marketplace DeepRedSky will accept cryptocurrencies including Bitcoin (BTC), Solana (SOL), and Dogecoin (DOGE), while Ethereum (ETH) and stablecoin Tether (USDT) will be accepted later this summer.
What Is Bitgert? A Scam Or An Innovative Chain?
Bitgert, formerly known as Bitrise, is a blockchain that promises near-zero gas fees and claims that it can handle 100,000 transactions per second.
FTX CEO Plans To Spend Up To $1B To Influence 2024 US Presidential Election
The founder of FTX cryptocurrency exchange, Sam Bankman-Fried, will support the presidential candidate who stands against former President Donald Trump in the 2024 election campaign with an amount ranging between $100 million and $1 billion.
After Adopting Bitcoin, Central African Republic Plans To Launch Investment Platform
The Central African Republic plans to launch the SANGO initiative and establish the first legal crypto investment hub in Africa. Interested people can join the waiting list.
ETC, XMR, XTZ Prices Soar While Majority Cryptos Bleed: Here's Why
While most of the cryptocurrencies continue to crash, Monero (XMR), Ethereum Classic (ETC), and Tezos (XTZ) have shown bullish potential.
Bank Of England Governor Says Bitcoin Has No Intrinsic Value
Andrew Bailey appeared on the Jobs of the Future podcast to discuss Bitcoin, the world's biggest cryptocurrency, and the future of blockchain technology, and said that he doesn't believe that Bitcoin is a practical means of payment.
Crypto Exchange FTX Reportedly On The Hunt For Stock Trading Startups
The Bahamas-based exchange has reached out to at least three privately held trading startups to strike acquisition deals, CNBC said.
Bitcoin Will Crash To $8,000, Says Guggenheim Executive. That Is A More Than 70% Plunge
In an interview with CNBC, Guggenheim Chief Investment Officer Scott Minerd predicted that Bitcoin could drop to $8,000 from its current levels, a more than 70% plunge in prices.
ECB President Christine Lagarde Slams Crypto, Says It Has No Value
Says central bank digital currency (CBDC) is "a different story from any of these"
OpenSea Introduces Barter System For NFTs
The world's biggest non-fungible token (NFT) marketplace has launched a new web3 marketplace protocol called Seaport along with several new features including tipping.
WSJ Report Blows The Lid Off Insider Trading In Major Crypto Exchanges
The WSJ reported that certain whales have profited from the prior knowledge of listings on major crypto exchanges like Binance and Coinbase.