China imposed a blanket ban on crypto use in 2021, but due to technological advancements and the decentralized nature of crypto, mainland users have found a way to access the crypto market.

China to introduce revised crypto AML regulations by 2025

China is set to make a major amendment to its Anti-Money Laundering (AML) regulations to include cryptocurrency-related transactions amid calls for greater scrutiny of the nascent crypto industr...

7 months ago

The blockchain gaming sector is evolving with innovation that aims to reshape the gaming economy and player experience.

This blockchain game distribution platform aims to change Web3 gaming

The blockchain gaming industry faces the challenge of fragmented digital currencies across various games. Nexxyo Labs’ Blink Galaxy platform addresses this by offering a unified ga...

7 months ago

Bitpanda Wealth uses Bitpanda’s proprietary custody solution, which applies cold storage to keep investors’ assets safe.

Bitpanda launches institutional crypto platform with cold storage

Austrian fintech unicorn Bitpanda is launching an institutional-grade cryptocurrency trading platform in response to the growing demand for institutional crypto services in Europe. Bit...

7 months ago

dYdX Contributors Support Foundation’s Proposal

dYdX Community Likely to Approve Foundation’s $30 Million Funding Proposal

The dYdX tokenholders are voting on the $30 million fundraising request proposed by the dYdX Foundation, which is likely to get approved. The Foundation published a blog on J...

7 months ago

Inflows in recent days and a recovery in Bitcoin’s price on Jan. 26 contributed to BlackRock’s ETF performance.

BlackRock’s IBIT Bitcoin ETF crosses $2B in market cap

BlackRock's Bitcoin exchange-traded fund (ETF) reached $2 billion in assets under management (AUM) on Jan. 26, just two weeks after it debuted on the Nasdaq.  According t...

7 months ago

Elon Musk’s auto company has liquidated 70% of its Bitcoin portfolio to date yet exhibits caution in letting go of the remaining holdings.

Tesla missed out on $300M profit after Bitcoin sales

Tesla’s refusal to “hodl” Bitcoin BTC $42,073 have resulted in a missed opportunity of over $300 million in profits. Tesla’s Bitcoin investment ...

7 months ago

The South Korean karaoke blockchain platform Somesing lost access to 730 million SSX tokens worth $11.58 million due to a hack.

Crypto karaoke platform hacked for over $11.5m

According to a blog post by Somesing, the hack occurred on Jan. 27. Among the stolen SSX tokens, 504 million were still unallocated tokens that were initially scheduled to go into circ...

7 months ago

Top Chinese Asset Manager Moves to Launch Bitcoin ETF in Hong Kong

The Hong Kong subsidiary of Chinese asset management firm, Harvest Fund Management, applied for a spot Bitcoin ETF on Jan. 26. This marks the first submission of its kin...

7 months ago

A total of 18 senators now fall into the pro-crypto camp, according to analysis from Coinbase advocacy group Stand with Crypto.

18 US senators now ‘stand with crypto’ — Coinbase lobby group

At least 18 senators in the United States support crypto, according to recent data from Coinbase’s nonprofit advocacy organization Stand with Crypto.  Stand With Crypto ...

7 months ago

A standalone blockchain, Celo is looking to migrate to become a layer-2 network atop Ethereum.

Celo, Shopping for Blockchain Partner, Turns to the Delicate Issue of Money

The time has come to put the cards on the table. For the past couple months, developers behind the Celo blockchain have been evaluating technical proposals from teams who mig...

7 months ago