The Australian Treasury under the ruling Albanese Government will prioritize “token mapping” in 2022 to help regulations Down Under keep pace and adapt with the crypto sector. See related article: Singapore’s MAS to further strengthen crypto regulations Fast facts “Token mapping”, the primary step in the government’s reform agenda, intends to identify the appropriate direction…
The hackers responsible for stealing US$610 million worth of crypto from Axie Infinity’s Ronin bridge back in March have since transferred most funds from ETH into BTC using renBTC and privacy tools like Blender, ChipMixer, and TornadoCash, according to a report. See related article: Axie Infinity blockchain Ronin hacked for over $600M Fast facts The…
The Merge, one of this year’s biggest crypto events, is now due to happen next month. Why is it so hotly anticipated — and feared?
Not every NFT collection is facing the same issue, but due to the collection’s outsized influence it could have a significant impact on the rest of the Ethereum NFT ecosystem.
The Federal Deposit Insurance Corporation (FDIC), one of the two federal agencies insuring savings in American depository institutions, has sent cease-and-desist letters to five companies, including FTX.US, for making false statements about deposit insurance. See related article: FDIC clarifies that cryptocurrencies are not insured Fast facts In a press release, the FDIC said it has…
Bitcoin and Ether rose with most of the top 10 cryptocurrencies by market capitalization in Monday morning trading in Asia. The gains follow a flash crash last Friday afternoon that dragged the world’s leading cryptocurrency below US$21,000 on Saturday for the first time in almost a month. Bitcoin is still down about 12% in the…
Bitcoin fell below US$22,000 in Friday afternoon trading in Asia as investors after a nervous week seemed to be trimming portfolios ahead of the weekend. Ethereum fell back despite the buzz around its upcoming blockchain Merge. Cardano, Solana, Dogecoin and Polkadot dropped over 10% in the past 24 hours. See related article: Bitcoin, Ether fall…
Report by Chainalysis says both use cases fell in dollar terms in first half of year and while legitimate usage by value far exceeds criminal, illicit activities fell by a much narrower margin.The report attempts to explain why.
The New York-based crypto exchange said its staking service will allow customers to stake their cryptocurrencies and receive rewards within their Gemini account. See related article: Gemini sued over US$36 mln Bitcoin and Ethereum hack Fast facts Gemini Staking will be available for users across the U.S. (excluding New York), Singapore, and Hong Kong, the…
With all the excitement surrounding the Ethereum merge scheduled for next month, the number of Ethereum Name Service (ENS) addresses created have surpassed the 2 million mark, according to a Twitter post by ENS Domains. See related article: Ethereum will soon turn 7 — and its upcoming ‘Merge’ will be well worth the wait Fast…