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Suspected actors who exploited the DeFi lending protocol Lendhub

Lendhub Protocol Exploiters Allegedly Use Tornado Cash to Move Millions After Breach

Suspected actors who exploited the decentralized finance (DeFi) lending protocol Lendhub in January have moved more than half of their stolen funds, worth around $3.85

February 27, 2023
The International Monetary Fund (IMF)

IMF Suggests Regulating Crypto as a Preferable Alternative to Banning, According to Report

The International Monetary Fund (IMF) has stated its preference for regulating cryptocurrency assets instead of enforcing an outright ban. The agency’s managing director, Kristalina Georgieva,

February 27, 2023
India's Crypto Regulation Efforts Gain Backing from Key Players

India’s Crypto Regulation Pushes Attract Support from Major Players

India’s push for global regulation of cryptocurrencies has received backing from two major financial institutions: the International Monetary Fund (IMF) and the United States. India,

February 26, 2023
SingularityNET ($AGIX), the blockchain-powered platform for AI services

AGIX Unveils Beta Cardano Staking Portal for Enhanced $ADA Token Earnings

SingularityNET ($AGIX), the blockchain-powered platform for AI services, has recently announced that its Cardano staking portal is set to launch a beta testing version early

February 24, 2023
Crypto Mining Farm Found Concealed Underneath Educational Facility

Hidden Crypto Mining Rig Discovered Underneath School Building

A former Massachusetts state facility worker has been arrested for allegedly stealing electricity worth nearly $18,000 to run an illegal crypto-mining operation. Nadeem Nahas, an

February 24, 2023
Kim Kardashian and Floyd Mayweather

Celebrities Kim Kardashian and Floyd Mayweather Fight Back Against Crypto Promotion Lawsuit

Kim Kardashian and Floyd Mayweather, along with other celebrities, have filed a motion to dismiss another attempt to hold them accountable for allegedly promoting EthereumMax

February 24, 2023
Canadian Regulators Take Action on Unregistered Crypto Platforms with New Rules

Canadian Regulators Step Up Oversight with New Rules for Unregistered Crypto Platforms

Canadian regulators have announced new rules for unregistered crypto platforms, including a prohibition on offering margin, credit, or other forms of leverage. The changes come

February 24, 2023
JP Morgan Reinforces Commitment to Blockchain with New Crypto Lab in Athens

JP Morgan Ventures into Crypto Space with New Blockchain Lab in Athens

As the crypto industry continues to gain momentum, traditional financial players are starting to join the trend. In a recent report, JP Morgan revealed plans

February 24, 2023
Crypto lender Voyager and crypto exchange FTX have reached an interim agreement

Voyager’s Refusal to Release $445M in Loan Repayments Sparks Legal Tussle with Alameda

Estates of bankrupt crypto lender Voyager and crypto exchange FTX have reached an interim agreement to settle their dispute over $445 million in disputed loan

February 23, 2023
The Frax Finance community

Frax Finance to Discontinue Use of Algorithmic Backing Following Stablecoin Crackdown

The Frax Finance community has decided to fully collateralize its stablecoin Frax (FRAX) by ending the protocol’s algorithmic backing. The governance proposal FIP-188 posted on

February 23, 2023
New York Attorney General has filed petition against crypto exchange CoinEx

CoinEx Faces Lawsuit from New York State for Non-Compliance with Registration Requirements

New York Attorney General Letitia James has filed a 38-page petition against cryptocurrency exchange CoinEx, alleging that the exchange falsely represented itself as an exchange

February 23, 2023
Senator Tom Emmer believes that the CBDC Anti-Surveillance Act is necessary

Congressman Emmer Proposes Bill to Ensure Privacy and Security of CBDC Transactions

Pro-crypto Republican Senator Tom Emmer has introduced a bill that would prohibit the Federal Reserve from issuing a central bank digital currency (CBDC) in the

February 23, 2023
Spotify Trials Tokenized Playlists

Spotify Tests New Cryptocurrency-Based Music Playlists

Music streaming platform Spotify is testing a new feature that allows holders of non-fungible tokens (NFTs) to connect their wallets and listen to curated music.

February 23, 2023
Voyager Digital

Voyager Faces FTC Probe Over Alleged Deceptive Crypto Marketing

Bankrupt cryptocurrency lender Voyager Digital and its executives are facing an investigation by the U.S. Federal Trade Commission (FTC) for allegedly deceptive marketing of cryptocurrency

February 22, 2023
Klaytn Foundation has proposed a tokenomics optimization plan

KLAY Token Supply to Decrease by Almost 50% with Klaytn Foundation’s Burn Proposal

Klaytn Foundation has proposed a tokenomics optimization plan to its Governance Council (GC) in a move to improve the sustainability and value of KLAY tokens.

February 22, 2023
Hong Kong has earmarked $6.4 million (HK$50 million) in its 2023-2024 budget for developing its Web3 ecosystem. The budget, published on Wednesday, will focus on organising major international seminars, cross-sectoral business cooperation, and workshops for young people.

Hong Kong Government Shows Support for Web3 with $6.4M in Annual Funding

Hong Kong is investing $6.4 million to develop its Web3 ecosystem, according to the city’s 2023–2024 budget published on Wednesday. The budget will focus on

February 22, 2023
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