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Smart contract platform Nibiru Chain has unveiled a $15 million initiative in NIBI tokens to fuel its developer ecosystem.

Kraken-backed Nibiru Chain allocates $15m in NIBI tokens to boost developer activity

Nibiru Chain, a proof-of-stake blockchain backed by HashKey Capital and Kraken Ventures, has allocated $15 million in NIBI tokens as part of the so-called Nibiru Builder Gran...

5 months ago

Binance’s billion-dollar emergency fund was previously held in three wallets: Bitcoin, Tether, True USD and BNB.

Binance’s $1B emergency ‘SAFU’ fund now makes up 3% of UDSC supply

The world’s largest crypto exchange, Binance, is converting its Secure Asset Fund for Users (SAFU) into Circle’s USD Coin stablecoin and now holds 3% of its circulating supply.&...

5 months ago

Escaped South Korean Criminal ‘Had Help from Others’

Escaped South Korean Criminal Suspect ‘Used Weapon to Rob OTC Crypto Buyer’

The Ministry of Justice said on April 17 that the suspect was being held at the Seoul Detention Center on fraud charges. The center allowed the suspect to leave in November 2023 to att...

5 months ago

Binance and nine foreign crypto exchanges were blocked in India over non-compliance with local AML regulations.

Binance to return to India after paying $2M fine for non-compliance: Report

Binance crypto exchange is set to return to India after a four-month ban by paying a $2-million fine for non-compliance, according to a

5 months ago

ENA plunges 17% amid declining exchange activity

ENA is down by 17% in the past 24 hours and is trading at $0.84 at the time of writing. The asset’s market cap fell to the $1.2 billion mark, making it the 68th-largest cryptocurrency....

5 months ago

Singapore-based crypto trading firm QCP Capital has signed a strategic partnership agreement with Further Ventures to double down on the Middle Eastern markets.

QCP Capital teams up Further Ventures to expand services in Abu Dhabi

Asia’s crypto trading firm QCP Capital revealed a partnership agreement with Further Ventures, an investment firm backed by Lunate and Mastercard, to dive deeper into the Middle East,...

5 months ago

Hidden Road Seeks About $120 Million

Citadel-Backed Hidden Road Partners Targets $120M in Series B

Hidden Road Partners, Citadel Securities-backed prime brokerage, plans to raise $120 million in its Series B funding round, aiming for a market valuation of $1 billion. Accor...

5 months ago

Veyond Metaverse aims to mimic the traditional cadaver experience in visceral detail with Apple’s mixed reality device.

Doctors turn to Apple’s Vision Pro headset to practice surgery amid cadaver shortage

Veyond Metaverse, a medical technology company, recently announced that its medical telepresence platform would expand its footprint to the Apple Vision Pro. The company’s ...

5 months ago

The suspension of Ten&Ten’s Travel Rule Solution service led to Upbit halting deposits and withdrawals exceeding the equivalent of $721.

Upbit suspends crypto transactions exceeding 1 million won

Upbit — one of South Korea’s largest crypto exchanges — will suspend deposits and withdrawals of digital assets of more than 1 million Korean won ($721). The move com...

5 months ago

The Bored Ape Yacht Club collection’s floor price is currently at 11.1 ETH, down 90% from its peak during the roaring NFT bull market.

Bored Ape NFT floor price hits lowest point in over two and a half years

The floor price of Bored Ape Yacht Club (BAYC) nonfungible tokens (NFTs) has fallen over 90% from its peak, down to 11.1 Ether — its lowest point since August 2021. BAYC is ...

5 months ago