Litecoin (LTC), the 20th-largest cryptocurrency in the world, is being ousted from South Korean crypto exchanges after its Mimblewimble Extension Blocks (MWEB) upgrade allowed the token to be sent anonymously — which is against local anti-money laundering regulations. See related article: South Korea’s crypto crackdown: What you need to know Fast facts Upbit, Bithumb, Coinone,…
Top blockchain and crypto news: Binance BNB slips amid allegations. STEPN marches through attacks. Is China’s slowdown straining crypto prices?
Falling prices, an imploding stablecoin, and more reports of hacks have occupied the cryptocurrency headlines in recent weeks, so it’s perhaps no surprise that regulators have noticed and they intend to do something about it.
Nine cryptocurrency and blockchain companies, including crypto exchange FTX, made it to the 2022 list of the Forbes Fintech 50 released Tuesday, with all nine raising a total of US$6.5 billion in venture capital, according to the business magazine. See related article: FTX.US forays into stock trading Fast facts The latest list features private companies…
Hong Kong-based Animoca Brands, which invests in non-fungible tokens (NFTs) and metaverse projects, has invested over US$1.5 billion across more than 340 investments as of April 30, according to its unaudited financial results released on Monday. See related article: Animoca Brands’ new Japan arm aims to connect fans in Web 3.0 world Fast facts Between…
A proposal by the ApeCoin (APE) decentralized autonomous organization (DAO) to stay on the Ethereum (ETH) blockchain is winning majority support from token holders, despite the efforts of some crypto whales to migrate the coin to its own chain. See related article: Otherdeeds NFT sale puts Ethereum scalability in glaring spotlight Fast facts The proposal…
The downturn is forcing Web3 firms into a reset — and opening opportunities for Web2 entrepreneurs to enter the playing field, writes Lily Z. King of Cobo.
Following another system outage on Thursday, Solana’s (SOL) market capitalization has continued to fall as Dogecoin (DOGE) and Polkadot (DOT) are hot on its heels to possibly bump it out of the crypto top 10 by market cap. See related article: Solana loses consensus after bots flood network, SOL takes hit Fast facts While the…