Regulation
Unstoppable Finance Raises $12.8M to Build DeFi Wallet
The app is set to be rolled out in private beta in the coming days, with a full roll out on iOS in a few months time. Unstoppable Finance plans to release it on Android […]
Month: August 2022
Bitcoin
More Than $600K Vanishes From DeFi Project Blur Finance as Developers Disappear
The move is a textbook rug pull, a scam carried out by developers who launch a working decentralized finance (DeFi) application and carry out social media marketing to popularize it before issuing a token and […]
Market Analysis
Coinbase Records $1B Loss as Crypto Trading Volume Plummets
Coinbase, the largest cryptocurrency exchange in the U.S. by volume, has posted a loss of more than $1.1 billion for the second quarter. The publicly-listed exchange fell short of its target for the quarter as […]
Bitcoin
CoinFLEX Files For Restructuring in Seychelles
Crypto futures exchange CoinFLEX has filed for restructuring in Seychelles as part of its plans to improve its financial situation. Source link
Market Analysis
German crypto bank Nuri files for insolvency
Nuri, a German startup crypto bank, yesterday evening announced that it had filed for insolvency after what it calls a “lasting strain” on its business liquidity due to “significant macroeconomic headwinds and the cooling down […]
Market Analysis
Arbitrum Launches Gaming and Social App-Focused Layer 2 Chain Arbitrum Nova
Ethereum scaling solution Arbitrum has released its gaming and social application-focused Layer 2 chain Arbitrum Nova to the public. The chain has already been used for Reddit’s Community Point systems. Ethereum scaling solution Arbitrum has […]
Bitcoin
At ETHSeoul, Ethereum Developers Turn Attention to Privacy and Users
“With Soulbound tokens, which are non-transferable, you can prevent dumping and unequal allocations, leading to better governance and fairer token distributions,” Buterin added, referring to the parts of the crypto world filled with opportunistic developers […]
Market Analysis
FTX Integrates Its Payment Solution With Reddit Community Points
The social media platform Reddit has collaborated with one of the biggest crypto exchanges, FTX, to integrate FTX Pay, a payment solution, with Community Points. Reddit Community Points are a way to measure a user’s […]
Market Analysis
Tornado Cash Used For Good Causes Too, Vitalik Buterin Asserts As Crypto Community Reacts to Ban
Vitalik Buterin, a co-founder of the second leading cryptocurrency Ethereum, said he used the now sanctioned by the U.S. government mixing service Tornado Cash. “I’ll out myself as someone who has used TC [Tornado Cash] […]
Regulation
Thailand Plans to Tighten Crypto Oversight, Giving Central Bank More Powers to Regulate Digital Assets – Regulation Bitcoin News
Thailand is reportedly preparing to amend its law on digital assets to tighten the oversight of the crypto sector and empower the Thai central bank to oversee the sector. “Right now, the central bank has […]