This blockchain game distribution platform aims to change Web3 gaming

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

Memecoin Floki blocks Hong Kong users from staking programs amid regulatory warnings

The Hong Kong Securities and Futures Commission issued a warning against Floki on Friday, marking its high-yield staking products as “suspicious” and unauthorized.

Memecoin Floki blocks Hong Kong users from staking programs amid regulatory warnings

The Floki Inu cryptocurrency team has ceased Floki and TokenFi staking programs in Hong Kong after the local regulator listed them as “suspicious investment products,” according to i...

8 months ago

Bitpanda launches institutional crypto platform with cold storage

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...

8 months ago

HyperFund Owners Accused of Fraud in $1.7 Billion Pyramid Scheme

The Securities and Exchange Commission (SEC) announced charges against two of the leaders involved in HyperFund, an alleged crypto pyramid scheme that raised over $1.7 billion.

HyperFund Owners Accused of Fraud in $1.7 Billion Pyramid Scheme

Both Sam Lee and Brenda Chunga were charged for their involvement. Chunga, aka Bitcoin Beautee, settled with the SEC over the fraud and unregistered offering charges. According to an&n...

8 months ago

PayPal backs crypto security startup Mesh with its PYUSD stablecoin

International payment giant PayPal has completed its first investment using its stablecoin PayPal USD (PYUSD).

PayPal backs crypto security startup Mesh with its PYUSD stablecoin

In a press release on Jan. 29, the San Jose-headquartered payment company said that its investment branch, PayPal Ventures has thrown its support behind Mesh, a crypto-focuse...

8 months ago

Japan to resolve CBDC issuance legalities by Q2 2024

While Japan is preparing to solve the legal issues around issuing a CBDC, it has not revealed plans for an official launch.

Japan to resolve CBDC issuance legalities by Q2 2024

The Bank of Japan (BoJ) held its first official meeting with the country’s government to discuss a central bank digital currency (CBDC). According to the local TV channel NHK, on Jan....

8 months ago

Polygon Labs proposes defi protocols as critical infrastructure in new regulatory framework

Polygon Labs, in collaboration with Arktouros law firm, has put forward a new regulatory framework that proposes designating certain decentralized finance (defi) protocols as critical infrastructure crucial to the national and economic security of the US.

Polygon Labs proposes defi protocols as critical infrastructure in new regulatory framework

The suggestion was published on Jan. 29 by Rebecca Rettig and Katja Gilman of Polygon Labs, alongside Arktouros co-founder Michael Mosier. Their 45-page document focuses on combating i...

8 months ago

Maker generates $14m in revenue, Ethereum’s earnings surge

Maker Protocol tops the list in terms of revenue generated over the past month as Total Value Locked in the protocol witnesses swell.

Maker generates $14m in revenue, Ethereum’s earnings surge

According to data provided by Defi Llama, Maker Protocol generated $14.22 million in revenue — also collected the same amount in fees — in the past 30 days. However, The DAI stableco...

8 months ago

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

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...

8 months ago

Hacker mocks Algorand after maintaining control of CEO’s X account for 15 hours

The Algorand Foundation said on Jan. 25 that it was “in the process” of recovering Staci Warden’s account, but posts containing racial slurs and other insults continue to appear.

Hacker mocks Algorand after maintaining control of CEO’s X account for 15 hours

An unknown party is still posting on the X account of Algorand Foundation CEO Staci Warden after almost a day, mocking followers and the platform alike. As of 6:28 pm UTC on Jan. 26, t...

8 months ago

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