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The HBAR Foundation has confirmed reports of technical irregularities

Hedera Blockchain Faces Technical Challenges, HBAR Foundation Warns

The HBAR Foundation, responsible for the Hedera blockchain, has confirmed reports of technical irregularities that are affecting various Hedera decentralized applications (dApps) and their users.

March 9, 2023
BaFin suggests a case-by-case approach to classify NFTs

Germany’s BaFin Emphasizes Personalized Approach to NFT Governance

The Federal Financial Supervisory Authority of Germany (BaFin) has released an explanatory note stating that nonfungible tokens (NFTs) are not yet classified as securities. BaFin

March 9, 2023
The transfer involved 49,000 BTC worth around $1 billion

US Government Sends $200 Million Worth of Bitcoin to Coinbase

The US government has transferred a significant amount of Bitcoin ($BTC) to Coinbase, a Nasdaq-listed cryptocurrency trading platform, according to data from the cryptocurrency’s blockchain.

March 9, 2023
FTX Sells Sequoia Interest to Abu Dhabi's Investment Arm for $45M

FTX Closes $45M Deal to Sell Sequoia Stake to Abu Dhabi’s Investment Arm

FTX’s investment arm, Alameda Research, has announced a $45 million cash deal to sell its interest in Sequoia Capital to the Abu Dhabi sovereign wealth

March 9, 2023
Biden Administration Cracks Down on Crypto Tax Evasion Tactic.

Biden Administration Aims to Close Crypto Tax Loss Harvesting Loophole

U.S. President Joe Biden has proposed a budget that aims to close tax loss harvesting on crypto transactions, a move that could raise up to

March 9, 2023
Transform Ventures enters new phase with launch of $100M blockchain holding company

Transform Ventures expands blockchain investment portfolio with $100M holding company launch

Transform Ventures and Alpha Sigma Capital have co-invested in a new holding company called Alpha Transform Holdings (ATH), which aims to accelerate blockchain investment and

March 9, 2023
Indian Crypto Community Hails Govt's Steps to Tackle Money Laundering

Indian Crypto Community Backs Govt’s Fight Against Money Laundering

The Indian government’s recent move to bring the crypto sector under the Prevention of Money Laundering Act (PMLA) has sparked a discussion on whether this

March 9, 2023
SOL Wallets Shift Over $60 Million to Coinbase Exchange

SOL Whales Transfer More Than $60 Million to Coinbase

A group of massive Solana whale wallets recently transferred more than $60 million worth of $SOL to the Nasdaq-listed cryptocurrency exchange Coinbase in a series

March 8, 2023
Unstoppable Women of Web3 Leads Initiative to Provide Web3 and Metaverse Education for 6 Million African Women

Unstoppable Women of Web3 Leads Initiative to Provide Web3 and Metaverse Education for 6 Million African Women

San Francisco, California, 8th March, 2023 Unstoppable Women of Web3 Leads Initiative to Provide Web3 and Metaverse Education for 6 Million African Women The initiative

March 8, 2023
MEXC Global Reports Record Volume Since Slashing Trading Fees

MEXC Global Reports Record Volume Since Slashing Trading Fees

Singapore, Singapore, 8th March, 2023 Cryptocurrency exchange MEXC Global has reported significantly increased trading volume since cutting its platform fees. The decision to cut trading

March 8, 2023
Margrethe Vestager highlighted the need for healthy competition in the metaverse

European Commission Tackles Monopolies in the Metaverse for a Healthier Digital Economy

The digital revolution has brought about both opportunities and risks for everyone. While technological advancements have created new markets and streamlined processes, regulators have struggled

March 8, 2023
White Hat Hacker Restores Trust in DeFi Lending Platform and Earns $97,000

White Hat Hacker Returns Funds to Tender.fi and Receives $97,000 in Recognition

An ethical hacker has recently exploited the Tender.fi lending platform, which operates on the decentralized finance (DeFi) network. In an unexpected turn of events, the

March 8, 2023
Avalanche and TSM Collaborate to Create Innovative New Gaming Subnet

Esports Powerhouse TSM Partners with Avalanche to Launch Groundbreaking Gaming Subnet

Last year, esports powerhouse Team SoloMid (TSM) found itself in the midst of a fallout with FTX, a centralized crypto-endemic partner. However, TSM has not

March 8, 2023
Kraken Bank

Kraken Pushes Ahead with Launch of Crypto Bank Despite Regulatory Issues in the US

Kraken, the US-based cryptocurrency exchange, announced its plan to open a crypto bank in Wyoming last year. The bank, designated as a special purpose depository

March 8, 2023
Coinbase Under Fire for Refusing to Compensate Customers Impacted by Security Breach

Coinbase Takes Heat for Not Restoring Customer Trust After Security Breach

Coinbase exchange is embroiled in a dispute with a hacking victim over a security breach that resulted in customer losses. The incident occurred in May

March 8, 2023
Algodex revealed that a malicious actor had infiltrated the company’s wallet on March 5

MyAlgo Issues Renewed Withdrawal Warning in Light of Algodex’s Disclosure of Malicious Wallet Breach

Algorand-based wallet provider MyAlgo has once again urged its users to withdraw their funds following a security breach in February that appears to remain unresolved.

March 7, 2023
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