Immunefi to bolster DeFi security service with new funds
The platform has paid out more than $7.5 million in bug bounties since inception in December 2020. DeFi security platform Immunefi has announced a $5.5 million funding from a panoply…
Elon Musk warns of ‘strong inflationary pressure’ as Tesla mulls Bitcoin payments
The world’s richest man, whose net worth hit a quarter of a trillion dollars this week, is also unsure whether inflation will ever calm down. The world faces “strong inflationary…
Tether trials Notabene’s new travel rule technology to combat financial crimes
The “Travel Rule” aims to bring reporting standards for virtual asset service providers in line with other traditional financial institutions. Tether Operations Limited, the firm operating Tether (USDT), announced on…
South Korean pension fund to invest in Bitcoin ETF: Report
KTCU plans to invest in Bitcoin ETF products after consultation with domestic asset managers,” an exec reportedly said. South Korea’s public pension fund, the Korean Teachers’ Credit Union (KTCU), is…
Dubai regulator announces new regulations for investment tokens
The UAE continues to be one of the most friendly jurisdictions worldwide for the digital asset industry. The Dubai Financial Services Authority (DFSA) has established a regulatory framework for investment…
UK FCA grants registration to crypto startup Crypterium
Crypterium’s cryptocurrency wallet application is available in more than 170 countries, the company says. British cryptocurrency services provider Crypterium is the latest crypto firm to secure registration from the United…
GBTC delivered better returns than Bitcoin ETFs last week
Grayscale’s flagship Bitcoin fund had no competition from the newly launched ETF products in their first seven days, figures show. Bitcoin (BTC) investment vehicle the Grayscale Bitcoin Trust (GBTC) outperformed…
Colombian Government Might Take Unused Funds From Bank Accounts Inactive for a Year
The budget law for the next year, which was recently approved by the Colombian representative’s chamber, includes a controversial article that allows the state to confiscate a bank customer’s funds…
Start-up CGU Raises $2.5 Million USD in Third Public Round
PRESS RELEASE. A crypto platform Crypto Gaming United (CGU), which has joined the crypto exchange TimeX on the 18th of october, made $2.5 million in a record-breaking six seconds since…
Alleged South African Bitcoin Fraudster Makes First Court Appearance Since Arrest
Sandile Shezi, the South African bitcoin trader accused of defrauding investors, recently made his first court appearance before a Johannesburg magistrate. Shezi out on Bail The bitcoin trader’s court appearance…
SuperRare has fewer buyers, but they purchase more expensive NFTs, data shows
Despite reaching a higher total sales volume this month, SuperRare has half as many active collectors buying on the marketplace this month compared to March. NFT marketplace SuperRare has set…
Roughly 11,000 entities represent 55% of Bitcoin’s on-chain volume
The report also found that one-tenth of all Bitcoin miners control 90% of network hash rate. Researchers have found that roughly 11,000 entities are responsible for more than half of…
OlympusDAO developer launches protocol enabling one-to-one stablecoin swaps
Developer ‘Ohmzeus’ has launched a new protocol allowing stablecoins to swapped at fixed price of exactly one-to-one. A developer working on DeFi darling OlympusDAO has launched a new protocol that…
SEC expected to head U.S. stablecoin regulation and enforcement
The report is also expected to clarify the regulatory jurisdiction of the Treasury Department CFTC with regards to stable tokens. U.S. regulatory bodies have reportedly agreed that the Securities and…
Pro sports leagues are no longer resisting NFTs: Dapper Labs
Dapper Labs’ head of partnerships said pro sports leagues have opened to their arms to NFTs amid the sector’s booming growth this year. Dapper Labs, the firm behind NBA Top…