• 02 September, 2024

Tag: Crypto news

News
East vs. West: United States Chokes Crypto While Hong Kong Banks on It

East vs. West: United States Chokes Crypto While Hong Kong Banks on It

As the crypto industry continues to grapple with regulatory uncertainty, there is a growing divide between East and West in

News
Stargate DAO Propels Network Growth Despite Price Retrace

Stargate DAO Propels Network Growth Despite Price Retrace

Stargate, the decentralized autonomous organization (DAO) managing the Stargate Network on Arbitrum, has been making waves in cryptocurrency. Despite the

News
EU Council’s Data Act Draft Hosts EU Smart Contract Regulations

EU Council’s Data Act Draft Hosts EU Smart Contract Regulations

Smart contracts would reportedly be required to host a “kill switch” as per the European Union’s (EU) revised Data Act

Market News
Cryptocurrencies Trade Near Support Levels, With Bears in Control

Cryptocurrencies Trade Near Support Levels, With Bears in Control

Cryptocurrency markets have seen a recent downturn in prices over the past few hours, with bears taking control of the

News
Crypto Companies Find New Friends in Chinese Banks, Thanks to Hong Kong

Crypto Companies Find New Friends in Chinese Banks, Thanks to Hong Kong

Chinese state-owned banks are reportedly courting cryptocurrency firms in Hong Kong, despite a crypto ban in China. Several sources have

News
Venezuela Cracks Down on Crypto-Oil Scandal: 21 Officials and Businessmen Arrested

Venezuela Cracks Down on Crypto-Oil Scandal: 21 Officials and Businessmen Arrested

Venezuela has made a major breakthrough in an anti-corruption investigation involving an alleged cryptocurrency-related oil scheme. The country’s attorney general,

News
Kokomo Finance Vanishes With $4m, Leaving Investors With Worthless Tokens

Kokomo Finance Vanishes With $4m, Leaving Investors With Worthless Tokens

Kokomo Finance, an open-source and non-custodial lending protocol on Optimism, conducted an exit scam and stole approximately $4 million in

News
U.S. SEC, Gary Gensler Lobby the U.K., Canada for Tighter Crypto Rules: Eleanor Terrett

U.S. SEC, Gary Gensler Lobby the U.K., Canada for Tighter Crypto Rules: Eleanor Terrett

The United States Securities and Exchange Commission (SEC) and Gary Gensler are reportedly lobbying the U.K. and Canada for tighter

News
Proof of Reserves What? The SEC Says It’s Just a Buzzword

Proof of Reserves What? The SEC Says It’s Just a Buzzword

The U.S. Securities and Exchange Commission (SEC), an agency that is no friend to the crypto business, has issued a

News
Silicon Valley Bank Used as Weapon in Regulators’ Anti-Crypto Campaign

Silicon Valley Bank Used as Weapon in Regulators’ Anti-Crypto Campaign

In recent weeks, the failure of Silicon Valley Bank (SVB) has sparked concerns over the contagion effect and the possible

News
Circle CEO Reflects on “Post-SVB Market Dynamics”

Circle CEO Reflects on “Post-SVB Market Dynamics”

Circle’s co-founder and CEO Jeremy Allaire shares his “Reflections on Post-SVB Market Dynamics” in a series of tweets. Allaire believes

News
DRPC Launch Boosts Ethereum Decentralization Before Shanghai

DRPC Launch Boosts Ethereum Decentralization Before Shanghai

The Ethereum network has taken a significant step towards decentralization with the launch of DRPC, a decentralized RPC (remote procedure