After the reports by several social media consumers that the Tornado Cash DAO was making a strategy to confront the recently imposed sanctions by the Office of Foreign Asset Control under the Treasury Department of the United States, the platform went offline….
The Directorate of Enforcement in India declared on Friday to have terminated the financial accounts related to Yellow Tune Technologies (a financial services firm based in Bangaluru), a few among which were under the possession of a crypto exchange named Flipvolt (Singapore-based…
Axie Infinity (AXS), a blockchain game based on a play-to-earn mechanism, has eliminated the token rewards that it provided in classic mode to push the consumers toward an exclusive game mode named Axie Infinity Origin. The team of Axie Infinity declared that…
Alesia Haas, the Chief Financial Officer of Coinbase, has aired her opinion on institutional crypto staking saying, staking crypto assets at the institutional level could be the next big thing in the crypto space, especially in the post-merge era of Ethereum, but…
Prestige Coins Review There’s no doubt in the fact that digital assets like cryptocurrencies have dominated the financial system for the last ten years and their ascension to become a preeminent force around the globe is still under process. As a result…
Rune Christensen, the founder of MakerDAO, has recommended that the community members of the DAO (decentralized autonomous organization) should look into de-pegging the DAI stablecoin from the US Dollar. Rune made this comment on Thursday on the MakerDAO discord channel after the…
The chairman of the Financial Services Commission of South Korea stated that the watchdog has a strategy to speed up the review of up to 13 bills remaining in the National Assembly of the country related to digital assets. As per a…
Polkadot has maintained upsides this week as the broad crypto market switched to bullish tides. The improved market sentiments saw DOT recoding double-digit upticks. Many believe the Merge news triggered the sentiment shift, but Polkadot’s DOT has its reasons. Ecosystem developments appear…
The 9th largest crypto by value, SOL, seems to have seen everything, from northbound moves to new ATHs to plummeting following network outages. Nevertheless, one facet of Solana’s dominance still sees bullish strides in different battlegrounds. An Impressive Skyline Most investors could…
The cryptocurrency market has significantly improved within the past few days. As anticipated, that means a positive impact on investor participation and presence. The recovering crypto prices triggered volume revivals. As a result, cryptocurrency exchanges like FTX secure increased use cases in…
MATIC gained over 13% during the weekend. Meanwhile, Fantom has retraced approximately 4.4%. The alts seem to progress in opposite directions. Fantom and Polygon seem to gain traction for considerable price movements. Fantom’s FTM and Polygon’s MATIC have revealed negative correlations during…
Axie Infinity, the P2E (play-to-earn) heavyweight game run by Sky Mavis, is looking to focus on exploring the Korean market to provoke adoption despite the huge regulatory hurdles in the territory. Speaking at the Korean Blockchain Week – KBW 2022, the co-founder…
The Reserve Bank of Australia is further advancing in the race of central bank digital currencies (CBDCs) to discover a CBDC’s use cases within the country. The collaboration will be witnessed between Australia and the Digital Finance Cooperation Research Centre (DFCRC) regarding…
The unfortunate crypto investors can potentially claim their digital assets that were lost in an exploit in the form of a tax loss if they reside in the jurisdiction where laws permit for it. After the news that Solana’s 8,000 wallets had…
The digital payments company of Jack Dorsey (the former CEO of Twitter), Block Inc. witnessed a 29% increase in its year-on-year gains at $1.47B in this year’s 2nd quarter, although the Bitcoin (BTC) business of the company has dropped due to the…
Yesterday, after the turmoil went through by Solana ecosystem, data indicates that Slope (a wallet provider) is hugely responsible for a security hack that took away crypto from several Solana consumers. Slope counts as a provider of Web3-based wallets operating on the…
Robinhood, an online brokerage platform, will cast off approximately one-fourth proportion of its staff while referring to a constant deterioration witnessed within the company’s macro environment as well as the general collapse of the crypto market. The respective news was witnessed in…
The Monetary Authority of Singapore (MAS) evaluates the regulatory regime’s merits for stablecoins. The present instructions deal with Anti-Money Laundering as well as Know Your Customer (KYC) matters without reflecting the particular hazards associated with the stablecoins. Financial Watchdog of Singapore Moves…
An exclusive posting released on the behalf of the largest ticketing firm within the United States, Ticketmaster, discloses a considerable in delving into the unique streams while utilizing non-fungible tokens (NFTs). Throughout a previous couple of years, musicians, artists, as well as…
The Hong Kong University of Science and Technology (HKUST) declared to organize the launch event of a virtual reality-based classroom on the Metaverse on 1st September. The event indicates the determination of HKUST’s strategy to advocate for additional learning via the construction…
