Category: Blockchain

17
May
2024
Posted in Blockchain BSC

PancakeSwap offers to reimburse Uniswap customers for their interface costs

The decentralized exchange PancakeSwap intends to reimburse traders for up to $8 million in fees they paid on Uniswap, a rival. A complete reimbursement of their Uniswap interface costs will…

15
May
2024
Posted in Blockchain

Falcon Labs, a leading cryptocurrency brokerage, resolves with the CFTC over a registration infraction

The U.S. Commodities Futures Trading Commission agreed with cryptocurrency premier brokerage firm Falcon Labs, Ltd. after the agency stated the company ought to have been registered, making this the first…

10
May
2024
Posted in Blockchain

Canada’s Fintrac fines Binance $4.3 million

The regulator further stated that on 5,902 occasions between June 1, 2021, and July 19, 2023, Binance failed to record a single transaction valued at $10,000. Furthermore, according to FINTRAC,…

10
May
2024
Posted in Blockchain

BlockFi will close its online platform and switch to Coinbase as a distributor

On May 9, the insolvent cryptocurrency lender BlockFi announced that it will close down its website by the end of the month and would mostly rely on Coinbase as a…

09
May
2024
Posted in Blockchain

Q1 earnings beat for Robinhood, and the number of cryptocurrency trades increased by 224%

The commission-free brokerage company Robinhood surpassed expectations on Wednesday afternoon with its first-quarter earnings report. The U.S. Securities and Exchange Commission’s Wells Notice to the business’s cryptocurrency unit, Robinhood Crypto,…

08
May
2024
Posted in Blockchain

BitPay and MoonPay collaborate to streamline cryptocurrency transactions

Through social media, MoonPay revealed that the collaboration would facilitate quicker and simpler cryptocurrency sales, simplifying the process for users to move cryptocurrency to their bank account or debit card….

03
May
2024
Posted in Blockchain

Launch Date of the Much-Awaited DeFi Exchange Infinex Revealed

Kain Warwick, the founder of Synthetix, made the declaration. This eagerly awaited launch comes after it was originally scheduled for the fourth quarter of 2022. Infinex Announces the Launch Date…

03
May
2024
Posted in Blockchain

Coinbase reports $1.6 billion in Q1 earnings as transaction revenue jumps

Following today’s closing bell, Coinbase announced that it achieved a record-breaking first quarter, generating $1.6 billion in revenue—a 72% increase over the previous quarter. The business also revealed a sharp…

03
May
2024
Posted in Blockchain

By 2028, DePin Networks’ addressable market size is expected to grow to 3.2 trillion dollars

‘DePIN’term  was first used by Messari in 2022. It was formerly known as TIPIN, MachineFi, EdgeFi, and PoPw. Despite the name change, the fundamental concept of this category has always…

01
May
2024
Posted in Altcoin Bitcoin Blockchain

CoinGecko: By DEX trading volume, Ethereum surpasses Solana

With a share of 21.3%, the Solana blockchain is currently ranked second; nevertheless, it has grown at the fastest rate during the reporting period, hitting $40 billion at 244.8%. Third…

30
Apr
2024
Posted in Altcoin Bitcoin Blockchain Policy and Regulation

Keonne Rodriguez of Samourai Wallet enters a not guilty plea to accusations of money laundering and transmitting

As U.S. authorities press down on privacy-focused technologies, a co-founder of Samourai Wallet entered a not guilty plea on Monday to federal charges pertaining to his development of a program…

26
Apr
2024
Posted in Altcoin Bitcoin Blockchain

Movement Labs is raising $38 million to bring Facebook’s Move to Ethereum, with Polychain Capital leading the round

In a Series A round headed by Polychain Capital, San Francisco-based blockchain development company Movement Labs has raised $38 million. Participating in the Move programming language-based project round were venture…

24
Apr
2024
Posted in Blockchain

Robert Kennedy Jr. said that he was going to place the whole US budget on blockchain

Despite his pro-crypto rhetoric, the presidential contender is still considered a marginal figure. The U.S. presidential race has seen a rise in interest in cryptocurrency and blockchain technology over the…

24
Apr
2024
Posted in Blockchain

Over $1 million is stuck in the optimism bridge in a cryptocurrency wallet connected to Vitalik Buterin

Bridge risks are highlighted by significant recent security breaches. According to reports, more than $1 million is stuck in the Optimism bridge in a cryptocurrency wallet connected to Ethereum co-founder…

23
Apr
2024
Posted in Altcoin Bitcoin Blockchain

Ledger Live will provide instant-buy and cryptocurrency swapping services via MoonPay

While MoonPay continues to invest heavily in the physical wallet company, Ledger and MoonPay are launching a number of services aimed at digital assets for their clientele. In a statement…

19
Apr
2024
Posted in Altcoin Blockchain

Crypto wallet Zengo purchases Minke wallet, which focuses on stablecoins

Ouriel Ohayon, the CEO and co-founder of Zengo said that the deal talks started less than a month ago, and the acquisition happened quickly after. “Minke was looking for a…

19
Apr
2024
Posted in Altcoin Blockchain

Safe acquires Multis, a cryptocurrency treasury management company backed by Sequoia

Multis, a cryptocurrency treasury management platform sponsored by Sequoia, was bought by crypto wallet infrastructure provider Safe. The technology and senior leadership team of Multis are now part of the…

18
Apr
2024
Posted in Blockchain

Blockchain contract management is introduced by Ernst & Young on Polygon

Through zero-knowledge circuits, the OpsChain Contract Manager service protects the confidentiality of business information while enabling clients to post contracts on a public blockchain.  Although OpsChain uses Polygon’s proof-of-stake (PoS)…

17
Apr
2024
Posted in Blockchain

Trust Wallet Alerts iOS Users to Zero-Day Exploit Risk

Crypto wallet provider Trust Wallet has issued a warning to iOS users regarding a high-risk zero-day exploit targeting iMessage. The company announced on April 15 that it had received “credible…

12
Apr
2024
Posted in Altcoin Blockchain

Sapien raises $5 million to use AI tools for data labeling

In an initial fundraising round, Sapien raised $5 million to expand its data labeling business. Investors including Yield Guild Games, Animoca, Artichoke Capital, and Primitive Ventures contributed to the round….