The European blockchain sector is preparing to make a last push to avert rules that would kill the smart contracts underlying the decentralized finance (DeFi) protocols that European authorities have been striving to introduce. Moreover, negotiations on the European Data Act, which aim to control data transferred between smart devices
May 8, 2023 2 mins read
Due to the failure to reach acquisition agreements with Binance and FTX.US, Voyager Digital plans to self-liquidate its assets and cease operations. The exchange’s unexpected insolvency and the following arrest of its CEO, Sam Bankman-Fried, caused the aborted FTX-Voyager purchase to fall through. Although the digital asset market has been
May 8, 2023 1 min read
The trading volume of Pepe (PEPE), a meme currency based on a cartoon frog, has skyrocketed recently. The spot trade volume of PEPE surpassed $2.7 billion recently, second only to USDT, BTC, ETH, and USDC, according to Wu Blockchain, who quoted statistics from CoinMarketCap. The highest trading volume, $650 million,
May 7, 2023 1 min read
Despite being relatively new to the scene. Layer 1 blockchain network Sui has quickly established itself as one of the most alluring venues for Web3 game developers. Web3 platforms like Polygon, Immutable, Avalanche, and Solana provide a growing library of games at various stages of development. In contrast, Sui, which
May 7, 2023 1 min read
In response to Coinbase’s request for clarification, a U.S court has asked the Securities and Exchange Commission (SEC) to state whether or not it would let the sector be regulated using current frameworks. The SEC has recently increased its enforcement proceedings and warnings against cryptocurrency businesses, including Coinbase, the largest
May 6, 2023 1 min read
The Central Bank of Argentina is cracking down on the cryptocurrency sector. The bank issued a statement yesterday saying that payment processors are no longer allowed to provide clients with access to cryptocurrencies like Bitcoin. The BCRA, Argentina’s Central Bank, cited the rationale as a desire to “mitigate risks.” Several
May 6, 2023 1 min read
The Star Wars NFT collection, due out on May 24th, is Cryptoys’ newest pop culture “digital toys.” After its collaborations with toy company Mattel on the Masters of the Universe series. Cryptoys claims the Star Wars NFTs will cost $39.99, the same as their past collections. On Thursday, the NFT
May 5, 2023 1 min read
Developers at Joint L1 Task Force, working on Terra Classic (LUNC), have updated the rebel-2 testnet to version 2.0.0 with Cosmos SDK version 0.45. The May 31st Cosmwasm v1.1.0 update (parity) will enable projects and builders from Cosmos and Terra Luna 2.0 to once again construct on the Terra Classic
May 5, 2023 1 min read
On May 3 in a New York federal court, the former OpenSea manager who was suspected of insider trading of NFTs was found guilty of wire fraud and money laundering. Prosecutors claim that former OpenSea product manager Nathaniel Chastain was responsible for selecting the NFTs that would be offered for
May 4, 2023 1 min read
Investment management company ARK Invest, managed by Cathie Wood, increased its holdings in Coinbase, the largest cryptocurrency exchange in the United States, on Tuesday. Amid the recent regulatory stand initiated by the exchange, the investment firm reportedly acquired an additional 147k shares of Coinbase (COIN). Cathie Wood’s Ark Investment reportedly
May 3, 2023 1 min read