LFG
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1 year ago
dYdX Launches Layer 1 Blockchain with Native DYDX Tokens and USD Coin Distribution
Decentralized cryptocurrency exchange dYdX has launched its own layer 1 blockchain, called dYdX Chain, with the creation of its genesis block. The blockchain operates using native DYDX tokens and is built on…
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1 year agoZodia Markets Secures VASP Registration in Ireland, Expands European Presence
Zodia Markets, a digital asset exchange backed by Standard Chartered, has obtained registration as a Virtual Asset Service Provider (VASP) in Ireland. This approval was granted by the Central Bank of Ireland (CBI),…
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1 year agoElon Musk's X Aims to Transform into All-in-One Financial Platform
Elon Musk’s venture, X, formerly known as Twitter, has set its sights on becoming a central financial hub. Musk envisions X as a comprehensive platform that covers all aspects of users’ financial lives, from mon…
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bob wrote a new post
1 year agoZodia Markets Secures VASP Registration in Ireland, Expands European Presence
Zodia Markets, a digital asset exchange backed by Standard Chartered, has obtained registration as a Virtual Asset Service Provider (VASP) in Ireland. This approval was granted by the Central Bank of Ireland (CBI),…
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bob wrote a new post
1 year agoTrezor Investigates Phishing Campaign Targeting Cryptocurrency Hardware Wallet Users
Trezor, a provider of cryptocurrency hardware wallets, is currently investigating a phishing campaign after users reported receiving phishing emails. The campaign was brought to light by an anonymous blockchain…
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1 year agoImportant Date Revealed in SEC vs. Ripple Legal Battle
Amidst the ongoing legal battle between the United States Securities and Exchange Commission (SEC) and Ripple, a pro-XRP legal expert, James K. Filan, has revealed an important date that will determine the next…
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1 year agoTaiwan Introduces Virtual Asset Management Bill to Enhance Customer Protection and Industry Oversight
Taiwanese legislators have introduced the Virtual Asset Management Bill to the Legislative Yuan, aiming to provide better protection and supervision for customers in the virtual asset industry. The bill proposes…
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1 year agoDeutsche Bank and Standard Chartered Collaborate on Stablecoin Swap Using Blockchain Technology
Deutsche Bank and Standard Chartered recently conducted a significant exchange of dollars for euros using stablecoins and blockchain technology. This departure from the trend of decentralization highlights a move…
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1 year agoCBDCs Struggle for Widespread Acceptance Without Private-Sector Collaboration
The global push for central bank digital currencies (CBDCs) is facing a significant challenge: the need for collaboration with the private sector to ensure widespread acceptance. CBDCs have emerged as a potential…
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1 year agoBitcoin Hits All-Time Highs Against Inflationary Currencies
The price of Bitcoin has reached new all-time highs against several inflationary fiat currencies. Over a span of 30 hours, Bitcoin’s value surged against the Argentine peso, Nigerian naira, Turkish lira, Laotian k…
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1 year agoFTX Founder's Fraud Trial Takes a Surprising Twist
Sam Bankman-Fried, the founder and former CEO of FTX, a prominent cryptocurrency exchange, is currently on trial in the United States District Court Southern District of New York. He is facing multiple charges,…
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1 year agoPhishing Scammers Clone Crypto Media and Blockchain Scanner Websites in Elaborate Scam
Phishing scammers have recently targeted crypto media outlet Blockworks and Ethereum blockchain scanner Etherscan by creating cloned websites. These fake sites aim to deceive unsuspecting readers into interacting…
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1 year agoFTX CEO Trial: Prosecution Wraps Up as Defense Counsel's Case Remains Uncertain
The trial of former FTX CEO Sam “SBF” Bankman-Fried in New York continues, with prosecutors resting their case on October 26. FBI agent Mark Troiano provided testimony about his analysis of over 300 Signal gro…
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1 year agoCrypto Winter: Terra Network and Do Kwon's Catastrophic Collapse
The Terra network and its founder, Do Kwon, experienced a rapid rise and fall in the crypto world. In May 2022, the price of the algorithmic stablecoin UST, which is designed to maintain a $1 peg, began to…
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1 year agoFormer FTX CEO Testifies in New York Court on Allegations of Funds Misuse and Shadowy Entity Creation
Former FTX CEO Sam “SBF” Bankman-Fried testified in a New York courtroom regarding allegations of using customer funds from the crypto exchange to make investments through Alameda Research without users’ knowl…
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1 year agoLawmakers Call for DOJ Investigation into Binance and Tether Over Suspected Involvement in Illicit Financing
US lawmakers are urging the Justice Department to investigate Binance and Tether for their alleged involvement in facilitating illicit financing for terrorist groups, including Hamas. In a letter to Attorney…
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1 year agoJPMorgan's JPM Coin Revolutionizes Global Money Movement with $1 Billion Daily Transactions
JPMorgan, one of the leading American banks, is making significant strides in its digital finance strategy. The bank is processing $1 billion in transactions daily through its own digital token, JPM Coin. This…
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1 year agoLawmakers Call for Charges Against Binance and Tether Over Alleged Terrorist Financing
US lawmakers are calling on the Department of Justice (DOJ) to take action against major cryptocurrency companies Binance and Tether. They allege that these companies have facilitated illicit financial activities,…
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1 year agoFormer FTX CEO Sam Bankman-Fried Testifies in High-Stakes Fraud Trial
Former FTX CEO, Sam Bankman-Fried, is set to testify in the ongoing criminal FTX fraud trial. He is facing allegations of misusing customer and investor funds, which led to FTX’s Chapter 11 filing. B…
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1 year agoYounger Generations Embrace Crypto as Path to Financial Independence
A recent report by Coinbase sheds light on the disillusionment of younger generations, namely Gen Z and Millennials, with the traditional American dream and financial system. These young Americans are increasingly…
