Crypto Bytes: Top 10 Breaking News from Cryptoverse 

  • New regulations have been agreed by EU parliamentarians to enforce sanctions infractions, including freezing of assets such as cryptocurrency wallets.
  • Tensor Foundation declared it will release a TNSR governance token. Tensor also reported on social media that its protocol has been used to transfer more than $2 billion worth of non-fungible Solana tokens.
  • Participating in a fresh investment round led by Delphi Digital, Bitkraft Ventures, Sanctor Capital, and Spartan Group, the “MetalCore” video game developer has raised $5 million. By the end of 2024, the game should be in open beta.
  • Hong Kong Monetary Authority announced the opening of the regulatory sandbox as a follow-up to its recently ended public consultation regarding the possibility of offering stablecoin licenses.
  • Following their invitation to discuss Nigeria’s disagreement with the cryptocurrency exchange, Binance’s executive in charge of investigations and regional director for Africa are purportedly being held against their will in Nigeria.
  • Aiming to perform 40,000 transactions per second, layer-1 blockchain network Nibiru Chain, which earlier secured $12 million from investors like Kraken Ventures, has launched its public mainnet.
  • Russian President Vladimir Putin approved a bill enabling businesses within the nation to use digital financial assets, such as the digital ruble, for foreign trade to assist local businesses in using digital tokens and CBDCs to circumvent sanctions.
  • Central Bank of Israel announced plans to introduce the interest bearing Central Bank Digital Currency (CBDC), also known as the “digital shekel”.
  • Changpeng Zhao, the founder of Binance cryptocurrency exchange, has been ordered by a U.S. district court to give up his Canadian passport and to alter his bail requirements.
  • A federal jury in Washington has found Roman Sterlingov, the creator of the cryptocurrency mixer service “Bitcoin Fog,” guilty on many charges, including conspiracy to launder money, money laundering, and failure to register a money transmitting service.

Disclaimer : This article was created for informational purposes only and should not be taken as investment advice. An asset’s past performance does not predict its future returns. Before making an investment, please conduct your own research, as digital assets like cryptocurrencies are highly risky and volatile financial instruments.

Author: Mehar Nayar

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