To assist users in recovering stolen funds, Metamask has partnered with Asset Reality, a platform … [Read More...] about MetaMask Joins Hands With Asset Reality to Assist in Recovering Stolen Crypto
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JPMorgan Begins Utilizing Blockchain for Collateral Settlements
JPMorgan Chase & Co, a multinational investment bank, is apparently testing the use of its own private blockchain for collateral settlements. JPMorgan performed a trial transaction on May 20 in which two of its businesses transferred a tokenized version of Black Rock Inc. money market fund … [Read More...] about JPMorgan Begins Utilizing Blockchain for Collateral Settlements
MetaMask Joins Hands With Asset Reality to Assist in Recovering Stolen Crypto
To assist users in recovering stolen funds, Metamask has partnered with Asset Reality, a platform for accessing and recovering seized crypto and digital assets. The service is free, but customers must pay any applicable litigation fees. The new collaboration has the potential to make legal action … [Read More...] about MetaMask Joins Hands With Asset Reality to Assist in Recovering Stolen Crypto
Bitcoin knowledge, the biggest flex
According to a new international research study conducted by Cash App parent company Block, Inc., the biggest reason consumers do not purchase Bitcoin (BTC) is a lack of information about it. The poll, which took place in January and February and covered 14 countries, found that 51% of … [Read More...] about Bitcoin knowledge, the biggest flex
Fakesters use LUNA 2.0 airdrops to target users
Scammers are giving fresh Luna 2.0 to cryptocurrency CEOs and influencers' addresses, according to PeckShield, a major blockchain security business, including Vitalik Buterin's, Justin Sun's, and the 3AC Foundation's wallets. According to the Ethereum block explorer, the Wrapped LUNA 2.0 contract … [Read More...] about Fakesters use LUNA 2.0 airdrops to target users
Tether-ing in Mexico
Tether, the startup behind USDT, one of the most widely used stablecoins, announced the creation of a new currency pegged to the Mexican peso on May 26. The token is intended to increase the company's visibility and impact in Latin America. Tether's decision to introduce MXNT, a token … [Read More...] about Tether-ing in Mexico
Terra’s UST Burn Proposal Gets the Green Light
All TerraUSD (UST) tokens retained in the project's community pool, as well as UST utilized for earlier Ethereum liquidity incentives, will be burned, according to the Terra governance system. This translates to, moreover, 1.3 billion UST, or nearly 11% of the current 11.2 billion supply, … [Read More...] about Terra’s UST Burn Proposal Gets the Green Light
Binance Joins Hands With Kazakhstan to Develop a Crypto Framework
Binance, the world's largest cryptocurrency exchange, and blockchain infrastructure provider, announced the signing of a Memorandum of Understanding with Kazakhstan's Ministry of Digital Development, Innovations, and Aerospace Industry. The parties stated a shared interest in the country's … [Read More...] about Binance Joins Hands With Kazakhstan to Develop a Crypto Framework
Crypto Transfers in Thailand Will Be Exempt From VAT Until 2023
Investors who move cryptocurrencies and digital tokens through Thailand exchanges will be eligible for a 7% VAT exemption on their transactions. The tax break was enacted retroactively from April 1, 2022, according to a decree published in the Royal Gazette on Tuesday. According to local … [Read More...] about Crypto Transfers in Thailand Will Be Exempt From VAT Until 2023
Exchanges Show Support in Assisting LUNA’s Revival by Listing the New LUNA 2.0
For the launch of LUNA 2.0, Huobi, Binance, FTX, Bitrue, HitBTC, and Bybit cryptocurrency exchanges, have expressed interest in working with the Terra team to launch their new chain without an algorithmic stablecoin. Binance had previously halted trades after validators paused the blockchain, … [Read More...] about Exchanges Show Support in Assisting LUNA’s Revival by Listing the New LUNA 2.0
29 Moonbird NFTs Worth $1.5M Succumbs To A Phishing Attack
A Moonbirds owner lost 29 of these Ethereum-based NFTs in what appeared to be a phishing hack. As shared by Cirrus via tweet, the stolen nonfungible tokens [NFTs] were valued at nearly $1.5 million and occurred due to clicking on a bad link provided by the attacker. For those unfamiliar, … [Read More...] about 29 Moonbird NFTs Worth $1.5M Succumbs To A Phishing Attack
How to Play Craps at Crypto Casinos
In most crypto casinos, craps is one of the most popular dice games. The more dice a craps game has, the more challenging and pleasant it is. Punters place wagers on the outcome of a die roll in this classic dice game. Also, this game offers a wider range of wagers than most other table … [Read More...] about How to Play Craps at Crypto Casinos
MasterCard Exec Is Bullish on Crypto and Says Mass Adoption Is Right Next Door
Harold Bossé, MasterCard's Vice President of New Product Development and Innovation, believes that crypto assets and blockchain technology will be widely adopted sooner rather than later. According to estimates, millions of people are already consuming and sending crypto assets around the world, … [Read More...] about MasterCard Exec Is Bullish on Crypto and Says Mass Adoption Is Right Next Door
WeWork Founder Enters Crypto Space by Raising $70M for His Crypto Carbon Credit Project
Adam Neumann has hopped on the crypto bandwagon, raising $70 million in the first major investment round for his climate tech firm Flowcarbon three years after being deposed as CEO of WeWork. By putting carbon credits on the blockchain and crypto, the project wants to make carbon trading more … [Read More...] about WeWork Founder Enters Crypto Space by Raising $70M for His Crypto Carbon Credit Project
Miami Mayor Francis Suarez Says That He Still Takes Salary in Bitcoin
Even though Bitcoin has dropped over 40% in the last two months, Miami Mayor Francis Suarez stated he still takes his city salary in the largest cryptocurrency, bitcoin. The Republican mayor, who has been working to market Miami as a cryptocurrency and tech hub, said he's more concerned with the … [Read More...] about Miami Mayor Francis Suarez Says That He Still Takes Salary in Bitcoin
Uniswap’s Cumulative Trading Volume Crosses $1T
Decentralized exchange [DEX] Uniswap scored a new milestone passing $1 trillion in total trading volume as per the announcement posted on their official Twitter handle on May 24. In a series of tweets that began saying, "It’s been one hell of a ride", the protocol shared key points that helped … [Read More...] about Uniswap’s Cumulative Trading Volume Crosses $1T