[PRESS RELEASE – Austin, Texas, May 29th, 2024] Agora brings to Sui an exceptional blend of technology, financial markets, and operations experience paired with blue-chip traditional finance partners and backers. Sui, the Layer 1 blockchain offering industry-leading performance and infinite horizontal scaling, announced the launch of stablecoin AUSD on the network, set to occur in…
The Nigerian Senate Committee on Capital Markets has called for the regulation of cryptocurrency and warned that the country’s unclear position could be costing the country. The committee also urged the government of Bola Tinubu to develop the capital and crypto markets to defend the local currency. Nigeria’s Ambiguous Stance on Crypto The Nigerian Senate…
PRESS RELEASE. The Kinetex team is thrilled to announce its integration with Gnosis Pay, the world’s first on-chain self-custodial account that connects the traditional payment rails to Web3 rails. This collaboration provides a straightforward and fast way to top up balances from Bitcoin, Ethereum, and other EVM-compatible tokens by swapping them to EURe via Kinetex’s…
As the crypto world thrives, Polygon (MATIC) celebrates a landmark achievement, surpassing 4 billion transactions. Concurrently, BNB edges towards new highs, defying regulatory obstacles and strengthening predictions of reaching an all-time high. Amid these developments, BlockDAG commands attention in the crypto sphere for 2024, reshaping transaction speeds with its pioneering hybrid model. Launching its presale…
The Zkasino team announced on May 28 that it had initiated a two-step bridge back process, allowing users to retrieve their ethereum tokens. Users have between May 28 and May 31 to bridge back their funds, after which the signup process will be closed, and deposits will be halted. Rug Pull Allegations The team behind…
The Crypto ISAC (Information Sharing and Analysis Center) launches on Wednesday as a 501(c)(6) not-for-profit association dedicated to bolstering security within the cryptocurrency ecosystem. Its founding members include Aleo, Circle, Coinbase, Consensys, Evertas, Fireblocks, Hedera, Kraken, Offchain Labs, Red Balloon Security, Ribbit Capital, Solana Foundation, and Trail of Bits. Its mission is to foster collaboration…
BlockDAG stands as a titan in the crypto universe, thanks to its pioneering 38th Dev Release, which transforms consensus mechanisms with its unique Directed Acyclic Graph (DAG) architecture. This innovation brings notable enhancements to transaction ordering and block validation, employing a new timestamp-based sorting method. This technique guarantees precise and secure transaction sequencing across multiple…
The Texas State Securities Board has issued an Emergency Cease and Desist Order against Arkbit Capital and its affiliates, Arkbit Capital Holdings, ABC Holdings LLC, and ABC Mining. These companies were found operating a fraudulent MLM cryptocurrency investment scheme. Promising daily returns of 1.6-2.8% for 120 days on investments between $50 and $49,999, they lured…
The Hong Kong Securities and Futures Commission (SFC) has issued a reminder that crypto trading platforms must obtain a license to operate in Hong Kong before the grace period ends on June 1. The regulator warned that operating without a license is a criminal offense and will enforce compliance. Investors are advised to only trade…
New coins and trends emerge daily in the cryptocurrency universe, intriguing enthusiasts and investors. In this piece, we explore three interesting currencies, one of which has the potential to have your jaw dropped. Polkadot (DOT) focuses on enabling multiple Blockchains to foster innovation. Dogeverse (DOGE) is the tail-wagging wonderland where every transaction is a meme. …