The Justice Department report, mandated by the president’s executive order on digital asset development, recommends more efforts along the lines already being pursued. The United States Department of Justice (DOJ) released a report on international law enforcement related to digital assets on Tuesday. It is the first of the approximately one dozen reports mandated in…
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At LAMINA1, Neal Stephenson will focus on “helping get artists and other value creators paid properly for their work, helping the environment […] and seeing a truly open Metaverse get built,” noted co-founder Peter Vessenes. Neal Stephenson, the author who coined the term “Metaverse” 30 years ago, is launching a metaverse-focused blockchain project called LAMINA1.…
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Mr. B alleges that the platform was designed only to offer an interest rate of 3.6%, but that changed at the last minute. Anchor protocol was originally designed to offer an interest rate of 3.6%, but this was dialed up to 20% just a week before release to attract more investors, a core developer alleged…
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Liquid staking firms could default on their Ether obligations if The Merge does not happen. The next big crypto crash could be around the corner due to Lido Staked Ether (stETH), a liquid token from the Lido protocol that is supposed to be 100% pegged by Ethereum’s native token, Ether (ETH). Notably, the stETH peg…
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A Brazilian judge has ruled that the CEO of Mirror Trading International should remain in precautionary detention as authorities in South Africa have already furnished their Brazilian counterparts with the documentation that is required for extradition purposes. The judge also rejected Johann Steynberg’s attempts to use his Brazilian family as the basis for seeking an…
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PRESS RELEASE. Binance Pay, Alchemy Pay, ePayments, and QponBay are collaborating to facilitate offline crypto payment methods at ‘Artaverse’, an NFT and metaverse event to be held in Hong Kong from June 3rd to 12th. Participants of Artaverse will be able to use cryptocurrencies to buy NFTs directly on site. The cryptocurrencies supported are BNB,…
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Hong Kong’s securities regulator has warned investors to be wary of risks that are associated with non-fungible tokens (NFTs). The regulator also advised investors to consider investing in NFTs only if they fully understand the risks. NFTs ‘Straddle the Line Between Collectibles and Financial Assets’ A Hong Kong regulator has said NFTs face risks that…
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Bitcoin price failed to clear the USD 31,500 resistance zone and corrected below USD 30,500. It is currently (04:01 UTC) trading near USD 30,300 and is up 1% in a day and almost 2% in a week. Similarly, most major altcoins are also range-bound. ETH traded below the USD 1,820 and USD 1,800 levels.…
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South Korea’s ruling political party – the People’s Power Party – has stated that the nation’s leading crypto exchanges have created plans that could see them form a self-regulating body that could be empowered to take cross-platform decisions on matters such as delisting and the suspension of transactions…. Read More: South Korean Crypto Exchanges…
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Following a six-day snapshot voting period, the final results narrowly reveal that 53.59% of ApeCoin participants advocate to remain on Ethereum for the mid-term future, with 7.1 million APE tokens cast in total. ApeCoin DAO, a governance system serving the democratic rights of ApeCoin holders — a digital asset tied to the Bored Ape Yacht…
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