Category Archive: Cryptocurrency, No picture
Singapore’s High Court Classifies Cryptocurrency as Personal Property
The High Court of Singapore declared cryptocurrency as a type of property on July 25, marking a significant step in the legal understanding of digital assets in Singapore. The case, brought forward by cryptocurrency exchange Bybit against former employee Ho Kai Xin, involved the alleged transfer of roughly 4.2 million Tether from Bybit to personal […]
Crypto.com and LINE Xenesis Partner to Boost Cryptocurrency Solutions in Asia Pacific
Crypto.com, serving over 80 million global customers as a prominent cryptocurrency platform, and LINE Xenesis Corporation, a blockchain-related business developer of the global messaging app LINE, have signed a Memorandum of Understanding (MoU). 🤝Major Partnership Announcement! 🤝https://t.co/vCNztATSCO and LINE Xenesis have signed a Memorandum of Understanding to drive crypto technology across Asia Pacific and beyond! […]
Binance Rolls Out Seed and Monitoring Tags for High-Volatility Tokens
Binance, a global leader in the cryptocurrency exchange space, announced on July 16 its initiative to better educate users on the risks associated with high-volatility tokens, launching the Seed and Monitoring Tags. The Seed Tag is set to replace Binance’s Innovation Zone, home to new high-volatility tokens, and will be applied to all tokens previously listed […]
Crypto Compliance Just Got An Upgrade: Deloitte, Chainalysis Team Up
Deloitte, a Big Four accounting firm, and blockchain analysis company Chainalysis announced on July 25 a strategic partnership focused on improving crypto compliance for their mutual clients. The announcement comes after several years of planning and aims to serve primarily U.S. public sector customers and financial institutions. Both companies declined to name the specific clients […]
Musk’s Golden Ticket to Twitter Profitability ? DOGE, X and More
Billionaire entrepreneur Elon Musk has given Twitter, the popular social media platform, a rebrand to X. Then, sneakily, the Crypto Twitter noticed that Musk unveiled the Dogecoin logo in his Twitter bio location, following a logo switch from the classic blue bird to the X symbol. These actions, subtle yet symbolic, pushed Dogecoin’s price up […]
DeFi Hack Worth $3.4M Strikes EraLend, zkSync’s Top Lender
EraLend, a lending protocol on Ethereum’s scaling blockchain, zkSync, faced a substantial exploit that resulted in a loss of $3.4 million, according to an analysis by CertiK, a leading firm in blockchain security. The incident was described as a read-only reentrancy attack, a complex strategy allowing the perpetrator to tamper with asset prices via repeated […]
Solana-Based ATMTA’s Star Atlas Announces Restructuring and Staff Cut
ATMTA, a Solana-based Web3 gaming company that runs the popular Star Atlas game, has revealed a major restructuring of its operations in response to challenging market conditions. The company’s CEO released a detailed statement outlining the move on its Discord, which includes a significant reduction in headcount to ensure the continued development of Star Atlas: […]
API for Uniswap v3 Applications Now Live with Oku
Oku has launched its API for applications built on Uniswap v3. Backed by the Uniswap Foundation, the API is designed to democratize access to real-time and historic Uniswap v3 market data, according to Oku’s announcement: “Since we represent pool tick state in a format equivalent to the on-chain layout, switching to using Oku’s API should […]
Ukraine and Binance Boast Transformed Lives with Tech Education Project
Overcoming job loss caused by the ongoing conflict, more than 2,000 Ukrainians have found solace and empowerment in the IT Generation program, an educational project initiated by Binance in collaboration with Ukraine’s Ministry of Digital Transformation. 1. Education. 147 graduates have secured IT-related jobs from the IT Generation project in Ukraine, a tech scholarship program […]
Russian CBDC Signed into Law; Implementation Expected by 2024
The Central Bank of Russia is on course to pilot and launch its own central bank digital currency, called the digial ruble, following President Vladimir Putin signing the digital ruble bill into law on July 24, 2023. Effective August 1, the law introduces all but one of its regulations. The exception, Article number three, makes […]
