Tag: Cryptocurrency
England’s Legal Landscape: Draft Legislation Proposes Treating Crypto as Property
In a significant move, England’s Law Commission is soliciting public opinions on proposed legislation that would officially recognize cryptocurrencies as property. The commission, responsible for reviewing and suggesting legal modifications…
AltLayer Raises $14.4 Million for Expansion in Strategic Funding Round
AltLayer, a prominent decentralized protocol specializing in rollups, has successfully secured $14.4 million in a strategic funding round co-led by Polychain Capital and Hack VC. The funding, obtained in September…
Japan’s Regulatory Shift Opens Doors for VC Investment in Crypto: Boosting Web3 Startups
In a pivotal move, the Japanese cabinet has given its nod to a proposal that could usher in a transformative era for venture capital (VC) investments in the crypto space….
Fake Rabby Wallet App Continues to Drain Users’ Finances
In a concerning development, users are grappling with significant financial losses caused by a deceitful iteration of the Rabby Wallet app. Despite user alerts and complaints, the fraudulent app, cleverly…
Crypto Bytes: Top 10 Breaking News from Cryptoverse
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…
CoW DAO Introduces AMM Exchange to Safeguard Liquidity Providers
In a significant development, CoW DAO has unveiled an automated market maker (AMM) with a unique focus on protecting liquidity providers from the challenges associated with maximal extractable value (MEV)….
Analog Raises $16 Million in Funding Led by Tribe Capital, Achieves $120 Million Valuation for its Blockchain Interoperability Mission
In a significant stride towards revolutionizing blockchain interoperability, Analog, the blockchain interoperability project, has successfully secured $16 million in funding. The funding round, spearheaded by Tribe Capital, leveraged a simple…
Streamlining Crypto Adoption: Ramp Launches Document-Free Onboarding in Brazil
Crypto payments firm Ramp is pioneering a user-friendly initiative in Brazil, aiming to simplify the onboarding process for individuals keen on trading digital assets. The evolution in the company’s know-your-customer…
Crypto Visionaries Launch Pi42: India’s New Horizon for Legally Compliant Crypto Futures
Indian crypto pioneers Nischal Shetty, founder of WazirX, and Avinash Shekhar, former CEO of Zebpay, have ventured into the crypto space once again, unveiling their latest creation, ‘Pi42.’ This crypto-INR…
Oobit Secures $25 Million in Series A Funding Led by Tether for Crypto Payments Expansion
Mobile payments platform Oobit has successfully raised $25 million in a Series A funding round, with Tether’s investment arm leading the initiative. The funding round also saw participation from CMCC…
Hong Kong’s Crypto Investors on Notice: Verify Platform Licenses Before Key Deadline
Hong Kong’s Securities and Futures Commission (SFC) has issued a crucial advisory to crypto trading platforms, making it mandatory for them to either apply for licenses by February 29 or…
Crypto Bytes: Top 10 Breaking News from Cryptoverse
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…
Crypto Bytes: Top 10 Breaking News from Cryptoverse
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…
South Africa Takes a Stride Towards Crypto Regulation with FSP Licenses
South Africa is set to take a significant step in regulating its cryptocurrency landscape by issuing the inaugural batch of Financial Services Provider (FSP) licenses to crypto service providers. Gerhard…
South Korea Aims to Crack Down on Crypto Mixers Amid Rising Concerns of Illicit Use
In response to growing concerns about the illicit use of cryptocurrency mixers, South Korean regulators are contemplating new legislation to regulate and penalize the use of these services in the…
Google Cloud Partners with Flare Blockchain as Validator and Contributor
In a groundbreaking move, Google Cloud, the cloud computing division of tech giant Google, has recently announced its foray into the blockchain industry through a strategic collaboration with the Flare…
Crypto Bytes: Top 10 Breaking News from Cryptoverse
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…
Charting Crypto’s Evolution: HKVAC’s Moves Reflect Market Trends and Shifting Landscapes
Hong Kong Virtual Asset Consortium (HKVAC) has made significant revisions to its crypto indexes, particularly removing Ripple’s XRP from its top five global crypto index. Solana has taken over XRP’s…
Robinhood Set to Introduce Bitcoin ETFs Following SEC Approval
In a significant move towards the convergence of traditional finance and cryptocurrencies, Robinhood CEO Vlad Tenev has announced the platform’s swift plans to list recently approved spot Bitcoin exchange-traded funds…
Elon Musk’s X Discontinues NFT Profile Pictures, Shifting Away from Ethereum Integration
Elon Musk’s social media platform, X (formerly Twitter), has decided to discontinue a feature that allowed premium users to showcase non-fungible token (NFT) images as their profile pictures. Introduced two…