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Aave to Activate Fee Switch, Rewarding Token Holders with $60M Annual Profits

Aave stands out as a prominent decentralized lending platform based on Ethereum’s robust ecosystem. In a recent development that could significantly affect its community and token economy, Aave is set to introduce a “fee switch.” This strategic move, as announced by Aave Companies Initiative founder Marc Zeller, will take effect next week, with the potential … Continue reading Aave to Activate Fee Switch, Rewarding Token Holders with $60M Annual Profits

Why The Next Bitcoin Halving Could Revolutionize the Market

At the time of writing, Bitcoin (BTC) has transcended all prior all-time high valuations with a steady price above $70,000. Here in the final week of March 2024, each day has brought about positive inflows to the BTC ecosystem, thanks to an influx of financial capital into spot bitcoin ETFs. Major financial institutions like BlackRock and Franklin … Continue reading Why The Next Bitcoin Halving Could Revolutionize the Market

HumanCode Collaborates with TON Society to Introduce AI-Powered Biometrics to TON Ecosystem

In today’s digital age, our online lives hold significant importance, and tech companies are increasingly recognizing the need to help users verify and secure their digital identities. Addressing this concern, TON Society and HumanCode have joined forces to introduce a groundbreaking collaboration that brings AI-powered biometrics to the TON Ecosystem. The collaboration between TON Society, … Continue reading HumanCode Collaborates with TON Society to Introduce AI-Powered Biometrics to TON Ecosystem

Binance Executives Face Tax Evasion Charges in Nigeria Amid Naira Manipulation Allegations

As the cryptocurrency landscape continues to evolve, legal scrutiny around the operations of exchanges intensifies. In a significant development, Tigran Gambaryan, a US-based executive of the global cryptocurrency exchange Binance, along with Nadeem Anjarwalla, has been charged with tax evasion in Nigeria. This case comes amid allegations of naira manipulation, putting the spotlight on the … Continue reading Binance Executives Face Tax Evasion Charges in Nigeria Amid Naira Manipulation Allegations

Bithumb Designates SANTOS, PORTO, and LAZIO Tokens as Investment Warning Assets

As South Korea’s premier digital asset platform, Bithumb has continually prioritized investor protection through its rigorous trading support policies and oversight of supported digital assets. In a recent announcement, Bithumb has notified users of its decision to designate three football club tokens—SANTOS FC (SANTOS), FC PORTO (PORTO), and SS LAZIO (LAZIO)—as Investment Warning assets. This … Continue reading Bithumb Designates SANTOS, PORTO, and LAZIO Tokens as Investment Warning Assets

Terraform Labs and Do Kwon Held Liable for Securities Fraud by NY Jury

A jury in the US District Court for the Southern District of New York has found Terraform Labs and its co-founder Do Kwon liable for defrauding investors. The verdict was handed down after deliberations that declared the company had engaged in the unlawful offering and selling of crypto asset securities, bypassing the regulatory framework established … Continue reading Terraform Labs and Do Kwon Held Liable for Securities Fraud by NY Jury

BlackRock Expands Bitcoin ETF Operations with Five Major Wall Street Firms

BlackRock, the world’s largest asset manager, has taken a significant step forward in the cryptocurrency space by enlisting five prominent Wall Street firms to support its Bitcoin exchange-traded fund (ETF) operations. The firms—ABN AMRO Clearing, Citadel Securities, Citigroup Global Markets, Goldman Sachs, and UBS Securities—have been added as new authorized participants in the Bitcoin ETF … Continue reading BlackRock Expands Bitcoin ETF Operations with Five Major Wall Street Firms

Blockchain Sleuth ZachXBT Reports Alleged Harassment by IRS Criminal Investigation Unit

The world of blockchain investigations took an unexpected turn recently when famed pseudonymous investigator ZachXBT reported what he describes as borderline harassment by the United States Internal Revenue Service’s Criminal Investigation Unit (IRS-CI). ZachXBT, known for his meticulous work in tracking down fraudsters and scammers within the cryptocurrency space, has claimed that the IRS-CI has … Continue reading Blockchain Sleuth ZachXBT Reports Alleged Harassment by IRS Criminal Investigation Unit

Over 220 Web3 Companies Settle in Hong Kong, Boosting Virtual Asset Development

In a recent speech at the opening ceremony of the “2024 Hong Kong Web3 Carnival,” Deputy Secretary of the Financial Services and the Treasury Bureau, Edmond Huang, highlighted the government’s efforts in modifying relevant laws to bring over-the-counter (OTC) trading of virtual assets under formal regulatory oversight. The government also plans to allow intermediary institutions … Continue reading Over 220 Web3 Companies Settle in Hong Kong, Boosting Virtual Asset Development

Scorpion Casino Raises Over $10 Million in Ongoing Pre-Sale, Gears Up for April 15th Launch

Scorpion Casino, an emerging player in the online gaming industry, has made significant strides in its ongoing pre-sale, raising over $10 million from more than 21,000 participants. The licensed and regulated casino is gearing up for its official launch on April 15th, with the pre-sale selling out quickly. The casino has been operational for almost … Continue reading Scorpion Casino Raises Over $10 Million in Ongoing Pre-Sale, Gears Up for April 15th Launch