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Polygon has been added as a supported blockchain by Binance NFT, the NFT division of the cryptocurrency exchange Binance. This step, according to the release, would help the Binance community’s NFT ecosystem grow even further. Users of the Binance NFT marketplace may now use their Binance accounts to trade NFTs
The latest action by the Indian government to tighten control over digital assets is the imposition of anti-money laundering regulations on the cryptocurrency industry. According to reports, the Finance Ministry specified that the regulation against money laundering has been applied to cryptocurrency trading, storage. And also associated financial services. The
On Wednesday, Coinbase introduced a new service. That it claims would make Web3 technology more accessible for businesses and individuals by streamlining digital wallets. Wallet as a Service is a suite of programming tools. That enables businesses to incorporate their branded digital wallets into their own applications. As stated, Coinbase’s
With the lure of a $97,000 Ether reward, the hacker responsible for the vulnerability on the decentralized lending platform Tender.fi has returned the stolen assets. At 10:28 am UTC on March 7, an exploit was carried out, and Tender.fi confirmed the event on Twitter shortly afterward, saying that there had
Canaan, a Chinese Bitcoin miner, and producer of application-specific integrated circuit (ASIC) mining devices, reported an annual decline in revenue of 82.1% to $56.8 million in its most recent filing with the United States Securities and Exchange Commission (SEC) on March 7. In Q1 2022, Canaan reported a decrease in
A number of crypto winters have come and gone, but none have been as severe as the one in 2022. There were widespread asset price declines, corporate closures, hacking, and layoffs. Even though we’ve started a whole New Year, the firing frenzy has continued unabated. Bloomberg reported recently that Meta
For masterminding a $100M crypto fraud scheme, the U.S. Securities and Exchange Commission (SEC) stated Monday that it had filed an “emergency action” against Miami investment advisor BKCoin and one of its owners, Kevin Kang. “It successfully obtained an asset freeze, the appointment of a receiver, and other emergency relief,”
A debtor subsidiary of the FTX conglomerate, Alameda Research. Has filed a lawsuit against Grayscale Investments in the Delaware State Court of Chancery, the company stated today. Thus, adding a fresh wrinkle to the ongoing bankruptcy battle. Further claims were filed by the FTX Debtors against Grayscale CEO Michael Sonnenshein,
Fraudulent crypto mining operations are in no way escaping the regulatory radar of the US Securities and Exchange Commission (SEC). On March 3, SEC filed a lawsuit against Utah-based crypto mining firm Green United LLC for raising over $18 million in a fraudulent sale of crypto mining equipment and assets
On Monday, authorities in Singapore announced that they had opened an investigation into Terraform Labs Pte, the firm co-founded by South Korean national Do Kwon. Terraform Labs is now operational in Singapore, with the number of active projects rising steadily. On March 6, Bloomberg reported that the Singapore Police had
