Binance, the largest cryptocurrency exchange in the world, has decided to restrict trade in many privacy currencies, including Monero (XMR), Zcash (ZEC), and Dash (DASH), in France. Emails sent to French customers translate to “local regulatory requirements” as the reason the exchange disabled trading of crypto assets in France. According
May 31, 2023 1 min read
We are happy to announce that, solely inside the App, US users of the Crypto.com App may now spend 30+ coins on 150+ leading consumer brands spanning fashion, grocery, electronics, and more. Additionally, they will get up to 10% in Pay Rewards on each qualifying purchase* that is made in CRO.
May 31, 2023 1 min read
Nearly 11 months after its inception in July 2022, Reddit’s collectible avatars, or “Reddit NFTs,” are nearly 10 million holders. Dune Analytics estimates that as of right now, there are 9,909,465,000,000 people who own Reddit collectible avatars. There are around 7.7 million people who have just one collective avatar wallet.
May 30, 2023 1 min read
After collapsing in December with debts of more than $50 million, Australian crypto exchange TrigonX is the latest comeback story to emerge from the FTX failure. The Australian reported on May 29 that TrigonX director Matteo Salerno said the crypto exchange will be revived once a deed of company arrangement
May 30, 2023 1 min read
Huobi HK has filed for a virtual asset exchange license and now offers spot trading & virtual assets custodian services in Hong Kong. According to a post on Twitter, the exchange filed an application notice with the Hong Kong Securities and Futures Commission (SFC) on May 29. Before delivering their
May 29, 2023 2 mins read
It became clear on Sunday that the Digital Asset Mining Energy (DAME) excise tax proposed by the Biden administration was blocked as part of the agreement between President Joe Biden and House Speaker Kevin McCarthy on the U.S. debt ceiling. The Biden administration justified the proposed 30% tax on crypto
May 29, 2023 1 min read
According to a report by Nansen, the peer-to-peer lending and borrowing platform Blend, established this month by the newly minted non-fungible token marketplace behemoth Blur, has already handled approximately 16,000 loans for a total of 123,500 ETH, or $225 million. The marketplace Blur soon overtook OpenSea in terms of trading
May 28, 2023 1 min read
Patricia, a Nigerian platform for buying and selling cryptocurrencies and gift cards, has had a security compromise, forcing swift action to protect its consumers. The platform has temporarily disabled withdrawals as a security measure. The organization disclosed a security vulnerability that resulted in the loss of Bitcoin and Nigerian naira.
May 28, 2023 1 min read
Since Counterparty’s Rare Pepes and operation code Easter eggs, the newest iteration of NFTs on Bitcoin, Ordinals, has sprung onto the scene. Bitcoin is now the world’s second most popular blockchain for NFTs, behind Ethereum which is still the most popular blockchain overall. Ethereum has handled $390 million in on-chain
May 27, 2023 1 min read
Stablecoins worth $11.6 million were stolen in a cyberattack last month that targeted an earlier version of the Yearn Finance protocol. The exploiter has recently transferred more than $3.6 million, or over 2000 ETH, via Tornado Cash. According to data from PeckShield, a blockchain analytics company, the exploiter is transferring
May 26, 2023 1 min read