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Latest Crypto News

Get the inside scoop on the latest developments, trends, and industry insights to stay up–to–date on the ever–evolving crypto landscape.

NBA Top Shots NFT

NBA Top Shot lawsuit gains momentum as judge refuses to dismiss case against Dapper Labs

A US District Court judge has rejected Dapper Labs’ request to dismiss a lawsuit that alleges NBA Top Shots, the popular non-fungible token (NFT) collection,

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
Ubisoft Releases Rabbids NFT Avatars for The Sandbox Metaverse Game

Ubisoft Launches Rabbids NFTs in The Sandbox Metaverse Game

Ubisoft, the well-known video game publisher responsible for creating popular franchises such as Assassin’s Creed and Just Dance, has just launched Rabbids NFT avatars for

February 23, 2023
ConsenSys Aims to Bolster Web3 Development with Acquisition of Hal Notification Tool

ConsenSys Boosts Web3 Development with Acquisition of Hal Notification Tool

ConsenSys, a leading Ethereum development firm, has acquired Hal, a blockchain notification tool that helps users create alerts for activities like trading, voting, and tax

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
The Tezos Foundation has entered into a partnership with Google Cloud

Tezos blockchain secures Google Cloud as a validator

The Tezos Foundation has entered into a partnership with Google Cloud to support web3 application development on the Tezos blockchain. As part of the deal,

February 22, 2023
Ethereum's Shanghai Upgrade on Track for Testing on Sepolia Testnet This Month

Ethereum’s Shanghai Upgrade Scheduled for Testing on Sepolia Testnet on February 28

The Ethereum blockchain is undergoing a significant upgrade with the launch of the Shanghai-Capella upgrade, also known as Shapella, on the Sepolia test network on

February 22, 2023
Coinbase and IEX are reportedly in discussions

Coinbase Takes Steps to Launch Regulated Crypto Exchange

Coinbase and IEX are reportedly in discussions to create a regulated digital asset marketplace. Following the recent market collapse and the resulting regulatory scrutiny over

February 22, 2023
Founder and host of the Coin Bureau crypto market commentary show

Coin Bureau Founder Believes Cardano ($ADA) Has a Promising Future Ahead

Guy Turner, founder and host of the Coin Bureau crypto market commentary show, expressed his bullish outlook on Cardano ($ADA) during an interview on the

February 22, 2023
Australian software engineer Anthony Guerrera forked the Ordinals protocol to Litecoin

Litecoin Fork Completed in One Week, Says Creator

Australian software engineer Anthony Guerrera recently made waves in the cryptocurrency community by forking the Ordinals protocol to Litecoin, the world’s second-ever cryptocurrency network. This

February 22, 2023
Paxos BUSD issuer

Paxos in Talks with SEC: Progress Being Made

Paxos, the stablecoin issuer, recently announced that it is engaged in “constructive discussions” with the U.S. Securities and Exchange Commission (SEC) regarding the issuance of

February 22, 2023
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