Blockchain Financial News

30.08 / 14:45

Blockchain defi solana Developers Support Fireblocks launches Web3 Engine support on Solana

Digital asset custody platform Fireblocks has launched support for Solana, giving its thousands of users access to the developer network’s applications and infrastructure.

30.08 / 14:45

Blockchain Ethereum defi DEX Aave community proposes to temporarily suspend ETH lending before the Merge

With the Ethereum Merge on the way, the risk research and analysis team Block Analitica proposed a temporary pause in Ether (ETH) borrowing to mitigate the risks which may lead to a decentralized finance (DeFi) implosion in the Aave lending protocol during the Merge.

30.08 / 10:41

Blockchain Art Adoption interview Frida Kahlo art finds permanent home in the metaverse

The family of the world-renowned painter Frida Kahlo released never before seen art and memorabilia tied to the artist into the metaverse. The content debuted in a permanent exhibition during the third-annual Metaverse Art Week in Decentraland, held on Aug. 24–28.

30.08 / 09:13

business Blockchain Binance Binance Aus ramping up measures to protect vulnerable users, says CEO

Binance Australia is tightening up its onboarding process for new users as part of a push to protect users it's flagged as most vulnerable to financial crypto crime.

30.08 / 08:43

Blockchain UPS Mercury fall DEXes fall short on Solana again as market u-turn continues

Decentralized Exchanges are continuing to tumble in the crypto industry with the general market downturn. Moreover, DEXes in the Solana ecosystem are also feeling pressure for the past three months.

30.08 / 08:15

Blockchain Ethereum Adoption transactions network Ethereum scaling network Arbitrum set for major upgrade on Aug. 31

Ethereum layer-2 scaling solution Arbitrum is set to undergo one of its most significant upgrades on Wednesday, set to increase transaction throughput, slash transaction fees and simplify cross-chain communication between Arbitrum and Ethereum.

30.08 / 07:27

Blockchain Adoption Taxes Argentina's Mendoza province now accepting crypto for taxes and fees

In another shift toward widespread crypto adoption in Argentina, citizens from the Mendoza Province can now pay government fees and taxes using cryptocurrencies.

30.08 / 07:27

business Blockchain 'Most of crypto is still junk' and lacks use case — JPMorgan blockchain head

The head of JPMorgan’s digital assets unit Umar Farooq has suggestedthat most of the crypto assets on the market are “junk” and that real crypto use cases are yet to fully present themselves.

30.08 / 04:23

Blockchain UPS Platform Bitcoin Immediate Edge Review [2022] | Learn About the Platform

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30.08 / 04:17

Blockchain Cybersecurity security FBI FBI issues alert over cybercriminal exploits targeting DeFi

The U.S Federal Bureau of Investigation (FBI) has issued a fresh warning for investors indecentralized finance (DeFi) platforms, which have been targeted with $1.6 billion in exploits in 2022.

30.08 / 00:57

business Blockchain Law Ava Labs Lawyer Lawyer Roche alleges statements he made about Ava Labs are false, the result of intoxication

Kyle Roche, the lawyer at the center of allegations made by website Cryptoleaks about a secret agreement between his firm and Ava Labs, responded Monday in a post on Medium. Like Ava Labs CEO Emin Gün Sirer, Roche denied the existence of any secret agreement between the parties.

29.08 / 23:57

Blockchain Adoption Africa Central African Republic court says new $60,000 citizenship by crypto investment program is unconstitutional

According to Reuters, on Monday, the Central African Republic's (CAR) Constitutional Court said that the purchase of citizenship, e-residency and land using its government-backed Sango digital currency is unconstitutional due to the absence of market value in nationalities. Earlier in July, the CAR's government unveiled its Sango crypto hub to attract global crypto talent/enthusiasts, boost Bitcoin adoption and implement new crypto regulatory frameworks. The Sango blockchain is built on top of the Bitcoin blockchain, similar to a layer-2 solution.

29.08 / 21:03

Blockchain Digital Gemini Huobi Singapore mulls tightening rules around crypto-trading by retail investors

Singapore is planning to introduce new regulations that will tighten the trade of cryptocurrencies by retail investors, according to one of the country’s leading regulatory officials. The step is being taken to safeguard the interest of investors, given the fact that they remain “irrationally oblivious” about the risks associated with the market.

29.08 / 20:37

business Blockchain Gaming NFTs Gaming CEO apologizes for losing 12% of startup capital through crypto trading

According to a recent blog post, 0xfanfaron, CEO of nonfungible tokens (NFTs) gaming project Ragnarok, apologized publicly for his missteps in leading the company. Ragnark is a crypto startup that brought in $15.5 million worth of Ether for gaming development in April through its first-ever NFT sale. However, a0xfanfaron disclosed:

29.08 / 18:09

Blockchain COST How Jewelers are Bringing Diamonds On-Chain

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29.08 / 17:39

Blockchain UPS Singapore’s Central Bank Slams Crypto Trading, Talks Up Digital-Asset Opportunities

Singapore’s top financial regulator said cryptocurrencies are “highly hazardous” to many investors, but made clear the city-state still wants to develop and actively promote a digital-asset ecosystem.

29.08 / 17:01

Blockchain Progressive Calo Indoor Will Launch as First Burn-to-Earn Project With AR and GameFi

Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.

29.08 / 14:23

Blockchain exchanges Mt. Gox Bitcoin creditors Mt. Gox creditors dismiss rumors of massive Bitcoin dump

As rumors about an upcoming Bitcoin (BTC) dump float on Twitter, Mt. Gox creditors took to Twitter to say that these are all false, with one highlighting that the defunct exchange’s repayment system is still not live yet.

29.08 / 13:59

Blockchain Provident Target Digital ADDX Introduces Cash Management Tool ADDX Earn

ADDX has introduced a cash management tool for investors, which consists of a solution that aims to withstand short-term volatility while preserving capital.

29.08 / 09:41

business Blockchain Technology Art Nifty News: Taco Bell wants you hitched in the Metaverse, Animoca Japan raises $45M and more

American fast-food chain Taco Bell and Metaverse platform Decentraland are teaming up to offer United States-based couples a chance to get married in the Metaverse.

29.08 / 09:41

Blockchain Adoption Bitcoin Cyber Bitcoin is ‘one of the worst cryptocurrencies’ claims Cyber Capital founder

Founder and chief investment officer of crypto-focused fund Cyber Capital Justin Bons have called Bitcoin (BTC) “technically one of the worst cryptocurrencies,” and a “purely speculative asset without utility” in comparison with other cryptocurrencies due to its lack of technological progress.

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