Polygon Village launches $90 million fund for ecosystem development

Polygon Labs is launching Polygon Village 2.0 — aiming to boost ecosystem development with a $90 million fund.

Polygon Village launches $90 million fund for ecosystem development

Polygon developer Polygon Labs has relaunched its Polygon Village initiative, offering a new grant program of more than 110 million MATIC — currently worth around $91.3 million — to ...

10 months ago

Kraken Assists UK Crime Victims In Recovering $2 Million Stolen Crypto

Scammer Receives 4 Years In Prison For 10 Million Euro Crypto Heist

Kraken Assists UK Crime Victims In Recovering $2 Million Stolen Crypto

In an effort dubbed “Operation Hyphen,” Kraken, the renowned cryptocurrency exchange, collaborated with the South East Regional Organised Crime Unit (SEROCU) to recover and retu...

10 months ago

Gemini Adapts to UK’s Travel Rule, Implements Outward Transfer Restrictions to Comply

Gemini, a cryptocurrency exchange, has implemented changes in response to new regulations affecting virtual asset service providers (VASPs) in the UK.

Gemini Adapts to UK’s Travel Rule, Implements Outward Transfer Restrictions to Comply

On November 7, Gemini announced adjustments to align with the new Travel Rule regulations in the UK. These changes involve a set of global standards requiring financial institutio...

10 months ago

Court Halts SafeMoon’s CEO Bail After Prosecutors Allege a “Danger to the Community”

United States federal prosecutors have halted the bail of SafeMoon’s CEO Braden John Karony after they challenged the previous order citing a danger to the community and a potential flight risk.

Court Halts SafeMoon’s CEO Bail After Prosecutors Allege a “Danger to the Community”

Court filings show New York District Judge LaShann DeArcy Hall has paused Karony’s bail previously ordered by a Utah Magistrates the previous day. Judge Daphne Oberg, had initial...

10 months ago

South Korea Joins Global Community for Crypto Asset Reporting Framework Push

South Korea has joined a group of 48 nations, calling for the promotion of an international framework for cryptocurrency reporting.

South Korea Joins Global Community for Crypto Asset Reporting Framework Push

In a significant move, South Korea confirmed its engagement on Friday to implement the international reporting framework on digital assets. The Crypto-Asset Reporting Framework (CARF) ...

10 months ago

Ethereum Fees Briefly Jumped to $100 After BlackRock’s ETH ETF Filing

Fees spiked to as high as 270 gwei late on Thursday, the data shows, temporarily touching a level last seen in June 2022.

Ethereum Fees Briefly Jumped to $100 After BlackRock’s ETH ETF Filing

Heightened demand for block space on the Ethereum network has made transactional activity significantly more expensive for ether (ETH) users in the past 24 hours, data from Dune Analyt...

10 months ago

Ark Invest and 21Shares to Launch Digital Asset ETF Suite

Cathie Wood’s Ark Invest, in partnership with 21Shares, is launching a suite of digital asset ETFs, focusing on Bitcoin and Ethereum futures and blockchain technology.

Ark Invest and 21Shares to Launch Digital Asset ETF Suite

The suite comprises five ETFs, including ARK 21Shares Active Bitcoin Futures Strategy ETF (ARKA) and ARK 21Shares Active Ethereum Futures Strategy ETF (ARKZ), intend to blend investments in futu...

10 months ago

Crypto exchange CoinSpot reportedly suffers $2M hot wallet hack

Blockchain security firm CertiK believes the $2.4 million draining of a CoinSpot hot wallet is likely the result of a “private key compromise.”

Crypto exchange CoinSpot reportedly suffers $2M hot wallet hack

Australian crypto exchange CoinSpot has reportedly been hacked for $2.4 million in a “probable private key compromise” over at least one of its hot wallets. According to a ...

10 months ago

Senator Budd’s ‘Keep Your Coins’ Act

The law would also forbid federal agencies from formulating regulations that forbid cryptocurrency self-custody.

Senator Budd’s ‘Keep Your Coins’ Act

US Senator Ted Budd (R-NC) has presented the Keep Your Coins Act, which would safeguard a person’s ability to interact with cryptocurrency assets without the assistance of a thir...

10 months ago

Binance Arguments to Dismiss Lawsuit Lack Merit, SEC Argues In New Filing

The United States Securities and Exchange Commission (SEC) has opposed Binance’s arguments to dismiss the lawsuit adding that the motion has no real basis under law.

Binance Arguments to Dismiss Lawsuit Lack Merit, SEC Argues In New Filing

In a Nov 8 court filing, the securities regulator claims the defendants applied the law incorrectly in an attempt to evade charges and no court in the United States has been bound by the&nb...

10 months ago

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