01 Exchange is a decentralized derivatives platform that was created on top of N1’s trading infrastructure. N1, a Layer 1 blockchain that is backed by Founders Fund, has reached an agreement to buy 01 Exchange. 01 Exchange, which was first developed inside the N1 ecosystem, has successfully handled more than three
India is currently evaluating its crypto policy in the long run. While the regulatory bodies adopt a cautious stance towards digital assets. According to recent internal government papers, the RBI has reiterated its recommendation regarding restrictions on cryptocurrencies and stablecoins. Reuters reported any cryptocurrencies. Also, keeping themselves free from direct
Russia’s State Duma Financial Markets Committee adopted a revised cryptocurrency regulation bill ahead of its second parliamentary reading. The move was communicated by the Committee Chairman Anatoly Aksakov via the official Telegram channel. Lawmakers discussed several amendments to the previous version of the bill. The new proposal scraps one of
The U.S. Commodity Futures Trading Commission has commenced a civil action in federal court against Trevor Vernon and Argent Capital Management LLC. According to regulators, the defendants operated an illegal commodity pool engaged in the trading of cryptocurrencies, futures, and options. As mentioned in the complaint, nearly 60 individuals have
The goal of the cooperative sandbox initiative was to investigate how developing technology may someday be used to solve these issues. AEREDIUM is testing payment-agnostic settlement technology in the sandbox, which is intended to streamline the acquisition of tokenized real estate while eliminating operational complexity for developers. Along with the
President of America, Donald Trump, reasserted his support for cryptocurrency during his recent speech as part of the growing relevance of cryptocurrency in international financial markets. In an interview, Trump stressed the need for America to stay ahead as digital assets expand internationally. Trump said: “I’m a big crypto guy
BonkDAO revealed that attackers managed to steal roughly $20 million in BONK through exploitation of the malicious governance proposal. This event happened at the project’s treasury on the Solana blockchain. According to BonkDAO, the malicious proposal allowed some entity to withdraw funds from the treasury without the consent of the
Ripple received CASP approval from the Luxembourg-based Commission to be compliant with the EU’s MiCA regulations. This approval enables the firm to offer regulated crypto asset services. Also, across the entire European Economic Area through a single license granted by Luxembourg. Before receiving this CASP approval, the company was already
Launch a token, build a community, and then develop the product. That’s the crypto playbook and investors are not just getting bored of the repetition, but also the failures that pile up. Real World Assets (RWAs) have begun to shift that formula by connecting blockchain infrastructure to tangible assets, but
The lawmakers continue their efforts in refining the CLARITY Act. It was expected that there would be updates regarding enforcement of the law on July 4. But the Senate did not offer any information on the law, leaving the media and citizens in despair. And, as a part of the
