The Department of Financial Services (DFS) will use blockchain analytics technology to build strengthen the enforcement of the sanctions against Russia. Specifically, the effort will be to detect if Russian individuals try to bypass the imposed penalties. Blockchain Technology to Help Monitor Sanction Enforcement The Department of Financial Services oversees numerous key programs and initiatives...Read More
An established player in Metaverse, The Sandbox, is betting big on the technology and is all set to expand business in the metaverse with Cube Entertainment. The partnership aims to promote K-culture content globally via operating virtual space and developing digital assets. The Sandbox-Cube Partnership According to the official blog post, the joint initiative will concentrate...Read More
Jeremy Siegel – Finance Professor at the Wharton School of the University of Pennsylvania – said the Federal Reserve needs to tighten its interest rates fast. With inflation spinning rapidly out of control, he called on the central bank to protect the dollar from devaluation, and from a possible Bitcoin “take over”. Dollar in Danger,...Read More
The half a decade-old multinational financial service giant has followed the footsteps of Blackrock into filing with the Securities and Exchange Commission to release a Crypto Economy ETF. The document informed that the main goal of the fund will be to “track as closely as possible, before fees and expenses, the total return of an...Read More
Hundreds of NFTs were stolen in the TreasureDAO exploit, conducted through a series of transactions. The attackers were able to exploit a bug in the protocol that enabled them to mint NFTs for free. Soon after, the platform urged its users to delist their non-fungible tokens from the marketplace. TreasureDAO Exploited In yet another major...Read More
By Sonia Pinto, Senior Product Marketing Manager and Alexis Hamel, Product Manager, Custody Coinbase Prime offers custody and trading for more than 50 DeFi coins and tokens, across a wide range of segments, including DEXs, lend, and borrow.We facilitate governance for a growing number of tokens including UNI, COMP, and MKR. This gives our customers...Read More
Legacy investor, fund manager, and philanthropist Bill Miller believes that the financial sanctions imposed on Russia could cause bitcoin’s price to soar. He pointed out that gold is the only reserve asset the largest country by landmass controls on its own, meaning that BTC might gain traction in the days to come. BTC’s Surge Following...Read More
Every year our online life becomes richer and richer: we share with the provider not only photos, work and personal correspondence, our interests, but also passport data, information about cards, about our own location. Our whole life is on the Internet. Advertisement This means that it needs to be protected from external interference. At the...Read More
Ramani Ramachandran, co-founder and chief executive of Router Protocol, believes that the integration will help advance the mission of achieving a multi-blockchain future. Router Protocol – Avalanche Singapore-headquartered Router Protocol has integrated Avalanche network’s C-Chain to its cross-chain messaging protocol. According to the official press release shared with CryptoPotato, the development will enable users to...Read More
Ukraine will not be conducting an airdrop despite the confirmation the country issued earlier this week. Instead, the Vice Prime Minister said they will be issuing NFTs instead. Much has been made of Ukraine’s purported airdrop, the snapshot for which was supposed to happen today. However, Mykhailo Fedorov, the country’s Vice Prime Minister and Minister...Read More
THORChain (RUNE) surged by over 70% this week, up to $5.5, on a series of encouraging technical developments in its ecosystem. The decentralized liquidity protocol surged ahead of the long-awaited mainnet launch and integration with Terra. THORChain allows users to easily exchange cryptocurrency assets. It also enables them to swap assets in permissionless settings without...Read More
[PRESS RELEASE – Please Read Disclaimer] Generally, mobile gaming has become a force to reckon within the cryptocurrency industry. As a matter of fact, the mobile gaming market has gone above the movie and music industry. Research conducted by Pocket Gamer, a major mobile game website shows that up to 45% of the total mobile...Read More
The SEC is now aiming at the creators of NFTs in an effort to determine whether or not they violate its rules and regulations. The financial regulator is growing concerned that NFTs are being used for unregulated securities token offerings, according to Bloomberg. The ongoing review is also examining fractional non-fungible tokens – when they...Read More
The crypto-verse is circumscribed in optimism and thrill, as folks from the crypto town have pinned bullish hopes on a massive run. The growing optimism in the business comes as a courtesy from the impressive rebound exhibited by the digital assets. Wherefore, the market capitalization of the crypto industry has reclaimed its $2 T milestone....Read More
In its latest efforts to destabilize the Russian invasion in Ukraine, the hacker group Anonymous offered Russian troops over $50k in Bitcoin in exchange for their tanks. According to Ukrainian media, the cyber hacking group will pay $52k in Bitcoin ($5 million Russan Rubles) for each surrendered tank. According to a report by Metro, Anonymous...Read More
