Amid the weight of regulatory scrutiny, Binance continues to grow its international compliance team for better relations with financial regulators.
Binance continues push to become regulated crypto exchange with new hire Digital Pound Foundation launches to promote CBDC development in the UK The think tank wants to ensure the United Kingdom keeps pace with the developments in the emerging digital landscape.
Cipher Mining splashes $350M on next-gen Bitcoin mining rigs from Bitfury The American Bitcoin mining outfit plans to acquire a total of 28,000 to 56,000 next-generation mining rigs.
VC firm a16z pursuing crypto lobbying push in Washington Andreessen Horowitz executives will seek to guide U.S. policymakers on standards for crypto and Web 3.0.
US dominates global Bitcoin hash rate distribution after China crackdown The U.S. now accounts for more than a third of the total Bitcoin mining activity, with Kazakhstan and Russia also becoming major locations.
Browser-based DeFi wallet XDEFI launches public version XDEFI will challenge MetaMask’s dominance of the browser wallet space by offering a new user experience for decentralized finance and nonfungible tokens.
Blockchain.com exchange debuts Bitcoin margin trading Gold-verified users of Blockchain.com exchange in over 150 countries will now be able to trade Bitcoin with up to 5x leverage.
South Korean opposition set to tackle controversial crypto tax law Opposition lawmakers are seeking a one-year delay in the enactment of the law as well as a lowering of the tax burden on crypto traders.
Stockbroker platform Public.com adds crypto trading feature The stock trading app is set to debut crypto trading for its users except those in the state of New York.
Crypto exposure has positive impact on investment portfolios, study shows The study also concluded that temporary crypto market decline and volatility are not enough to diminish the importance of cryptocurrencies in investment portfolios.
Bank of America identifies 20 high-profile US companies with crypto exposure These companies with crypto and digital assets exposure have stocks rated as “Buy” or “Neutral” by Bank of America.
‘Evolved Apes’ NFT creator allegedly absconds with $2.7 million Some members of the NFT project are attempting to continue the development of the game, while efforts are underway to apprehend the alleged culprit.
Axie Infinity developer secures $152M in Series B funding from investors NFT gaming studio Sky Mavis plans to pursue further expansions in the emerging play-to-earn arena.
DeFi security project 'Lossless' helps recover $16.7M from Cream Finance hack Lossless also plans to ship a security tool that will reportedly aid DeFi projects in preventing hacks and exploits on their platforms.
Bitcoin got stronger despite government crackdowns, says Edward Snowden The famous whistleblower referenced his statement about Bitcoin from March 2020 during the events of “Black Thursday.”
Polkadot Web3 wallet Talisman closes $2.35M seed funding round Talisman plans to release an early version of its Polkadot wallet extension before the end of November.
Copernic Space and Lunar Outpost target space commercialization via NFTs Both companies are offering companies and individuals the chance to buy space on a lunar lander in the form of nonfungible tokens.
CBDCs can cut cross border remittance costs by half: BIS report A BIS report based on a multi-CBDC pilot also showed significant improvements in international remittance speed.
Binance blocks fiat deposits and spot crypto trading for Singapore users The crypto exchange giant has announced further restrictions to its operations in Singapore amid regulatory scrutiny.
Ukraine joins the comity of crypto-friendly nations with new regulation Unlike Russia, Ukraine has passed laws that will ease the adoption of cryptocurrencies within the country.
Fed still undecided about digital dollar, says Chair Jerome Powell Fed Chair Jerome Powell says there is no pressure to rush any central bank digital currency development plans.
Ohio to host BIT Mining's new 85 MW Bitcoin mining facility BIT Mining Limited has entered into a joint venture agreement with Viking Data Centers to develop a Bitcoin mining site in Ohio.
10% of early-stage startups working on blockchain: GSER 2021 Blockchain-based startups continue to account for a significant proportion of newly established business entities across the globe.
PayPal releases new consumer app for crypto, savings and direct deposits The app offers customers the ability to manage all PayPal-related transactions from a single dashboard.
BBA pushes for crypto regulatory clarity in Massachusetts The Boston Blockchain Association has published crypto regulatory advisory guidelines for lawmakers in Massachusetts to consider.
NFT gaming company Animoca Brands acquires majority stake in Bondly The blockchain game developer is looking to improve cross-chain utilization of nonfungible token assets via its investment in Bondly.
Cuba's cryptocurrency regulations take effect Crypto is now a legal method of payment for commercial transactions in the Island nation.
AMC adds Ether and Litecoin to year-end crypto adoption plans The cinema operator has expanded its plans to accept crypto payments for movie tickets with the inclusion of Ether and Litecoin.
EU set to invest $177B in blockchain and other novel technologies EU officials have set their sights on significant direct funding for emerging technologies including blockchain.
Bitcoin miner maker Canaan records highest quarterly profit since 2019 IPO Chinese Bitcoin miner manufacturer Canaan Inc. has reported significant revenue figures for the second quarter of 2021.