Sat, October 3

Tenet Partners With QTUM and Conflux to Boost LSD Exposure in China

Tenet, a layer-1 ecosystem for generating yield and utility for liquid staking derivatives (LSD), is growing its presence on the Cmarket through two significant partnerships with QTUM, a Proof of Stake network fusing the advantages of Ethereum and Bitcoin, and Conflux, a layer-1 network running on a hybrid Proof of

May 24, 2023 3 mins read

Polygon Labs Pioneers Collaborative Regulation for DeFi Evolution

Polygon Labs, a prominent player in the decentralized finance (DeFi) ecosystem, has submitted its response to the recent “Decentralized” or ‘disintermediated’ finance: what regulatory response?” discussion paper by the Fintech-Innovation Hub of the ‘Authorite de controle prudentiel et de resolution’ (ACPR), a division of Banque de France. The response reflects

May 24, 2023 2 mins read

Cyber Arena Launches Skill-Based Metaverse on DogeChain with Diverse Revenue

In a major development for the world of gaming and metaverses, Cyber Arena, a global crypto fighting club, has announced the launch of the first-ever metaverse built on DogeChain. Developed by Imperium Games studio, known for its impressive track record with over 30 million combat gaming downloads, Cyber Arena aims

May 24, 2023 2 mins read

Breaking Crypto Norms: Major Asset Inflows to Exchanges Dips to $1.65 Billion

Amid a potentially game-changing scenario, the crypto market is at an unprecedented juncture. Glassnode, a world-leading on-chain and financial metrics firm, reports a cyclical low in major asset inflows to exchanges, with the value dipping to a mere $1.65 billion. This low is noteworthy, as we haven’t seen such a

May 23, 2023 2 mins read

Revised Digital Ruble Bill Introduced in Russian Parliament

Significant revisions to the bill establishing the digital ruble have been submitted to the Russian parliament as the project moves forward. These amendments seek to alter the original legislation with respect to debt operations, services for non-residents, and the function of the central bank. The lower house of the Federal

May 23, 2023 2 mins read

OKX Applies for Digital Asset Service Provider (DASP) License in France

OKX, a cryptocurrency exchange, aims to recruit about 100 staff in France over the next three years as it seeks to join the 74 other firms that have been granted regulatory authorization by France’s Financial Markets Authority (AMF). The Seychelles-based company has applied for Digital Asset Service Provider (DASP) status

May 23, 2023 2 mins read

Coinbase Launches TV Ad Campaign Amid SEC Tussle

The biggest cryptocurrency exchange in the US, Coinbase, is planning a TV ad campaign to shift people’s minds about digital money. The majority of US politicians and regulators, where the campaign’s focus lies, are based in Washington, DC. Brian Armstrong, CEO of Coinbase, shared some data on the effectiveness of

May 23, 2023 2 mins read

PokerGO and Gala Games Team Up to Revolutionize Poker

PokerGO, is an online poker firm, and Gala Games, is a leading name in social and web3 experiences. They have collaborated to launch an innovative web3 social poker game called PokerGO Play. Slated to be released in June, the game promises to change how poker is played, appreciated, and experienced

May 23, 2023 2 mins read

Digital Currency Group (DCG) Fails To Repay $630M Loan to Gemini

The Digital Currency Group (DCG) failed to repay $630M on a loan that was due to Gemini last week, as the exchange confirmed. Genesis, a division of Digital Currency Group, had received $900 million from Gemini before it went bankrupt. The crypto firm controlled by the Winklevoss twins and other

May 22, 2023 1 min read

BitMEX Announces Launch of Tailored App for Hong Kong Users

Hong Kong users of the cryptocurrency exchange BitMEX will soon have access to a new dedicated platform. With the implementation of the Hong Kong Anti-Money Laundering and Counter-Terrorist Financing (Amendment) Statute 2022 on June 1, 2023, the company intends to apply for a Virtual Asset Service Provider (VASP) license. BitMEX’s

May 22, 2023 1 min read