Newsroom
Crypto · Adoption
WeChat has moved to support the development of China’s CBDC, adding a payment method using the digital yuan, e-CNY. See Related: Ripple In Talks With Over 20 Central…
Quân Lee
Crypto · Adoption
Payments company Block, formally known as Square, is doubling down efforts to enhance efficiency in bitcoin mining with the latest plans for a ‘‘mining development kit.’’ The project…
Jared Kirui
Markets · Grayscale
Shares of Grayscale Bitcoin Trust, the world’s largest Bitcoin fund, rose nearly 10% this Tuesday after Grayscale’s lawsuit against the Securities and Exchange Commission kicked off in court.…
Stanko Illiev
Crypto · Adoption
Cryptocurrency derivatives exchange, Bybit, launched a debit card enabling users to use digital currencies for payments and cash withdrawals. Bybit cards integrate with the Mastercard network and enable…
Jeane Claude Vasquez
Business · FTX
The trading arm of the failed crypto exchange FTX, Alameda Research, is suing asset management company Grayscale Investments in renewed efforts to unlock more than $9 billion for…
Jared Kirui
Business · Banks
Bybit, the fourth largest exchange by trading volumes, is planning to halt US dollar deposits and withdrawals, including those through SWIFT, over what it has termed an outage…
Jared Kirui
Crypto · Bitcoin
March 2023, The Distributed, Stanko Illiev and Md Ishtiaque Ahmed The prices of many cryptocurrencies have weakened after Silvergate Capital’s viability warning fueled fears of a domino effect, while ongoing concerns…
The Distributed Team
Crypto · Altcoins
Chainlink has launched a new dedicated developer platform called ‘Functions‘. This platform will be the bridge between Web2 and Web3. ‘Functions’ is the latest platform launched by Chainlink…
Quân Lee
Business · Bankrupt
Bankrupt crypto lending platform Celsius has resumed withdrawals for some users after pausing its services in June last year and filing for Chapter 11 bankruptcy protection the following…
Jared Kirui
Crypto · Blockchain
Near Protocol has launched its new Blockchain Operating System (BOS) at the Web3 and innovation festival ETHDenver 2023. The BOS aims to improve the user experience on Web3.…
Jeane Claude Vasquez
Crypto · Altcoins
NFT gaming platform, The Sandbox, cautioned its users Thursday that its systems were compromised in a security incident involving emails with malware circulated to users. Unauthorized third party…
Jared Kirui
Markets · Banking
On Wednesday, Silvergate closed the day at $13.53; on Thursday, they closed at $5.75. A 57% loss in 2 days – what went wrong? Investor confidence was initially…
Daniel Stergiou
Crypto · ERC-4337
Yoav Weiss, a security researcher at the Ethereum Foundation, announced at WalletCon Denver that the core contracts for ERC-4337 passed audits from Open Zeppelin and will be available…
Daniel Stergiou
Crypto · Bitcoin
Over $800M were moved within crypto markets on March 1st, in just Bitcoin. On-chain data tracker Whale Alerts flagged numerous large Bitcoin transactions, with over 35,000 Bitcoins being…
Daniel Stergiou
Crypto · Adoption
Didid Noordiatmoko, head of Indonesia’s Commodity Futures Trading Authority (Bappebti), said that the country aims to launch a state-backed cryptocurrency exchange by mid-year. According to Noordiatmoko, the most…
Quân Lee
Crypto · Adoption
Brooks Entwistle, Managing Director of APAC and MENA and Senior Vice President of Customer Success at Ripple, disclosed in a recent interview that Ripple is discussing with over…
Jeane Claude Vasquez
Business · Fraud
A key ally of Sam Bankman-Fried has turned himself in to the authorities investigating fraud that led to the collapse of FTX, becoming the third person to plead…
Jared Kirui
Crypto · Bitcoin
February 2023, The Distributed, Stanko Illiev and Md Ishtiaque Ahmed The cryptocurrency market started to lose value this Friday after the latest inflation data coming from the US showed that the…
The Distributed Team
Policy · Regulation
The International Monetary Fund is calling for more regulations in digital currencies, including a possible ban on cryptocurrencies not fully backed, if it feels consumer protection is not…
Jared Kirui
Business
One of the oldest cryptocurrency exchanges in Italy is closing down due to liquidity challenges, joining the likes of FTX and Mt. Gox, whose abrupt exit from the…
Jared Kirui
Crypto · Adoption
On February 22, Hong Kong announced an investment of $6.3 million to develop the Web 3 ecosystem here.
Quân Lee
Business · Blockchain
Cryptocurrency exchange Coinbase has announced a test launch of an Ethereum Layer 2 network aimed at supporting the deployment of decentralized applications and onboarding billions of users. Dubbed…
Jared Kirui
Business · Altcoins
Solana spaces, a startup operating retail stores with themes of its namesake blockchain, is exiting New York and Miami. The decision was announced Tuesday on Twitter by founder…
Jared Kirui
Business
FTX Japan announced on its official website that customers of FTX Japan can start withdrawing money today, February 21, 2023, at 12:00 (JST). See Related: FTX’s Former Executives…
Quân Lee
Business · FTX
A team representing the unsecured creditors of Voyager Digital, the bankrupt crypto lender, have asked the former FTX executives – Sam Bankman-Fried, Samuel Tarbucco, Nishad Singh, Gary Wang,…
Jared Kirui
