Author: Puskar Pande
Polygon Lab Releases its Chain Development Kit (CDK) for easy Development of Ethereum Layer-2 Solutions
Blockchain technology is a transformative force, changing the traditional financial landscape and introducing the world to the novel idea of decentralized finance (deFi). One of its most notable innovations is…
SEC’s First Enforcement Action Against NFTs: Impact Theory’s NFTs Considered Unregistered Securities
The world of cryptocurrencies has always fallen victim to the accusations of regulatory bodies. The recent charges against Ripple Labs by the US Security and Exchange Commission (SEC), claiming their…
PM Modi stresses “integrated approach” toward cryptos at B20 Summit
India’s Prime Minister Narendra Modi called for a global framework on cryptocurrencies and the ethical use of pioneering technology like artificial intelligence. Modi made the statement while addressing a gathering…
Binance hits pause on its peer-to-peer service for Russian banks facing sanctions
Leading cryptocurrency exchange announced its decision to discontinue offering its peer-to-peer service to five banks in Russia over concerns about violations of sanctions. The exchange’s decision to stop offering the…
Hong Kong police arrest 458 in laundering proceeds of 314 crimes
The Hong Kong Police recently arrested 458 persons in connection with a massive organized money laundering scam. The scam was busted following a sting operation coordinated by the Triad. According…
Mythical Games Developed by NFL Rivals Mobile Games Allow the Players to Buy NFT Player Cards via their IOS and Android App
The market of non-fungible tokens (NFTs) is growing at an exponential rate, witnessing a larger acceptance among the community. In light of this, NFL Rivals, an officially licensed football game…
VeChain Partners With SingularityNET to Bring Blockchain Technology and AI Together in the Fight Against Climate Change
The cryptocurrency market is the hub for groundbreaking innovations, however, the integration of blockchain technology with artificial intelligence (AI) has emerged as a particularly promising one with the potential to…
IRS rolls out proposed rules for the sale of digital assets by brokers
The Internal Revenue Service, the government body looking after tax collections in the US, recently rolled out a set of proposed regulations that would determine the sale and exchange of…
Recur, a Prominent NFT platform has Declared A Shutdown Two Years After Raising Series A Funding of $50 Million
The cryptocurrency market is unknown for its uncertainty and volatile nature. While some projects touch the peak of success others fail to hold their position for a longer period. The…
Accused of ‘FCPA violations’ in China, 3M fined $6.5 million
The US Securities and Exchange Commission (SEC) came down heavily on 3M for allegedly bribing officials of a Chinese hospital by sponsoring extravagant business trips for them. The regulatory body…
Investors Sue Atomic Wallet for Inadequate Security Measures Leading to a Loss of Around $100 Million
The cryptocurrency market often finds itself amidst legal conflicts and a victim in the hands of the hacker. The most recent news on Atomic Wallet is one such example. A…
Celsius gets the nod to hold a vote for asset sale plan
Crypto lender Celsius, which filed for bankruptcy in July 2022, will be putting in a proposal to sell its assets to the Fahrenheit consortium to vote for its creditors. The…
Friend.tech clocks $1 million in fees in 24 hours
Crypto social media network Friend.tech created quite a stir after it earned more than $1 million in fees in a 24-hour period on August 19, 2023. With the move, Friend.tech…
Binance Limits Fiat Withdrawals in Europe Due to Issues Related to SEPA Transfer
The cryptocurrency news is flooded with Binance’s decision to limit fiat withdrawals in Europe. Binance, one of the giant cryptocurrency exchange platforms, has recently made it to the headlines with…
Binance Lab Announces its investment in Delphinus Lab, a Prominent Infrastructure Provider in zkWASM Space
The ever-evolving landscape of blockchain and cryptocurrency has witnessed another significant step forward with Binance Lab, the venture capital arm of Binance investing in Delphinus Lab, a leading infrastructure provider…
Bitcoin bearish phase to continue even as derivatives and ordinals data reveal positive trading activity
Pic Credit: Trading View The five-day BTC chart displays that while the bears may be enjoying an extended phase, the bulls might prevail in the long run. The current bearish…
Judge Analisa Torres Accepts SEC’s Request to File Motion for Appeal in the Ripple Case
The most recent development in the ongoing battle between Ripple Labs and the US Securities and Exchange Commission (SEC) has sent shockwaves across the cryptocurrency community. The Federal Judge, Analisa…
UK makes Travel Rule mandatory for all crypto businesses from September 1
Come September 1 and crypto asset companies operating in the United Kingdom would now have to comply with the Financial Action Task Force (FATF) rules for curbing money laundering and…
Tornado Cash case: US court upholds treasury dept’s motion for summary judgment
A US federal court dismissed a motion for partial summary judgment in a lawsuit filed by six individuals in connection with crypto mixer Tornado Cash’s inclusion in the ‘Specially Designated…
Bored Ape NFTs Prices Collapse as Investors Sue Auction House, Sotheby for Misleading Promotion
The integration between the world of art and blockchain technology has led to the massive popularity of non-fungible tokens (NFTs). NFTs allow the artist globally to tokenize their work and…