AssangeDAO strikes crypto gold
WikiLeaks founder’s legal defense fundraising bonanza. Shiba Inu’s big new leap. NFT fever rises in China.
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What is Web 3.0 and how will it shape the crypto future?
By returning data ownership and reshaping human-machine interactions, the third generation of the internet promises an interconnected future.
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Indian crypto exchange CoinDCX crosses 10 million user mark
Indian crypto trading exchange CoinDCX says it has crossed the 10 million user mark. Fast facts CoinDCX had 3.5 million customers as of August last year. CoinDCX became India’s first crypto unicorn after its Series C funding round led by former Facebook co-founder Eduardo Saverin’s B Capital and others. Established in 2018, the company’s milestone…
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US seizes $3.6B worth of Bitcoin stolen in 2016 Bitfinex hack
The U.S. Department of Justice (DOJ) has seized over US$3.6 billion worth of Bitcoin linked to crypto exchange Bitfinex’s hack that occurred in 2016, as the country ramps up efforts to combat crypto crime. Fast facts The DOJ said Tuesday in a statement that it has arrested two individuals for allegedly laundering proceeds of 119,754…
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Kakao Games rebrands subsidiary to focus on crypto, blockchain, Web 3.0
Kakao Games announced Tuesday that Friends Games, its subsidiary, will now become Meta Bora to focus on blockchain-based games and entertainment supporting its Bora cryptocurrency. Fast facts “We will work our hardest to help the development of the Web 3.0, such as in blockchain and the metaverse, by integrating Kakao Games’ game industry network and insight…
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Bybit teams up with Cabital for more fiat-to-crypto options
Singapore-based cryptocurrency exchange Bybit has teamed up with Cabital, a Hong Kong-based crypto wealth management platform, to offer users more fiat on-ramp pathways to buy crypto. Fast facts Bybit said Tuesday in a statement that through the partnership, its users can use EUR and GBP to buy crypto on the Bybit platform and transfer crypto…
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Hong Kong to propose bill to license crypto exchanges
The Hong Kong government intends to propose a licensing system for crypto exchanges, according to a discussion paper published on Monday. Fast facts The proposed amendments to the Anti-Money Laundering and Counter-Terrorist Financing bill will designate any crypto exchange as a “regulated virtual asset activity” and any person who seeks to engage in this work…
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3D NFT marketplace coming to Polygon via Smart MFG
Smart MFG, a blockchain-based supply chain decentralized finance firm, has integrated with Polygon to launch Phigital, a 3D marketplace for non-fungible tokens (NFT). Fast facts Phigital will focus on interoperability of 3D assets across metaverses, and NFTs with real-world use cases. The movement of different assets and NFTs across metaverses has been one of the…
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Exchange to drop NFTs for each S.Korean medal at Beijing Olympics
Bithumb, one of South Korea’s largest cryptocurrency exchanges, says it will distribute digital art non-fungible tokens (NFTs) for traders who meet the criteria every time South Korea wins a medal at the Beijing Winter Olympics. Fast facts Held jointly with blockchain-based sports content platform 300FIT, the NFTs will be accessible to traders who have transacted…