Blockchain Financial News
01.12 / 10:53
Blockchain
Digital
Action
CoinMarketCap
Reddit
Celebrity
Moons
Moons Decentralized: Reddit Officially Renounces Moons Contract
Reddit has officially renounced the contract of its cryptocurrency Moons, setting a milestone completing the decentralization of the token.
01.12 / 10:53
Blockchain
United Nations
United Nations Development Program Partners Algorand to Train 22,000 Employees in Blockchain Technology
The United Nations Development Program (UNDP) has partnered with the Algorand Foundation to launch a blockchain academy in a bid to train staff on the technology.
01.12 / 04:49
01.12 / 00:42
Blockchain
Binance
Digital
Platform
Southern
Celebrity
stars
Cristiano Ronaldo faces $1B class-action lawsuit after promoting for Binance NFTs
Portuguese soccer star Cristiano Ronaldo has been hit with a billion dollar class-action lawsuit over his role in promoting cryptocurrency-related “non-fungible tokens,” or NFTs, issued by the beleaguered cryptocurrency exchange Binance
30.11 / 21:39
Blockchain
Ethereum
Platform
Poloniex
show
reports
Immunefi’s November Crypto Losses Show $343M Lost to Frauds and Hacks, CeFi Platforms Account for 53% Losses
In November, the cryptocurrency industry experienced significant losses, with bug bounty platform Immunefi reporting that over $343 million was lost to platform hacks and fraudulent activities.
30.11 / 21:39
Blockchain
Web3
Gaming
Investment
wax
Is Web3 Gaming Investment Arena Overcorrecting? Possibly, WAX Exec Says
In a recent chat with Cryptonews, Michael Rubinelli, industry veteran and Chief Gaming Officer at Web3 ecosystem for gaming WAX, discussed how macroeconomic trends affect the gaming industry, what is happening in the gaming investment arena, and the positive future awaiting blockchain-based games.
30.11 / 18:59
Blockchain
SEC
pandemic
Bitcoin
Celsius Network faces roadblocks in pivot to bitcoin mining
By Dietrich Knauth
30.11 / 14:36
Blockchain
Citi
Provident
Digital
Platform
ICO
Hong Kong Securities Association is Considering an ‘ICO’ Issuance Mechanism
The Hong Kong Securities & Futures Professionals Association, an influential industry trade group, has proposed the establishment of an initial coin offering (ICO) portal in the city.
30.11 / 11:55
Blockchain
Trading
Africa
banking
How DeFi Can Bridge the Forex Gap in Africa, According to Banking CEO
Neobank Canza Finance‘s decentralized finance (DeFi) tech provides decentralized foreign exchange (FX) for African currencies, its CEO and co-founder Pascal Ntsama IV said.
30.11 / 05:11
Blockchain
Provident
Crypto Exchange
performer
innovations
reports
Upbit Crypto Exchange Operator Dunamu Suffers 82% Drop in Profits
Dunamu, the South Korean operator of the Upbit crypto exchange, has seen year-on-year profits fall by a staggering 82% in the third quarter of FY2023.
30.11 / 03:47
Blockchain
BLOCK
Binance
Action
economy
Remark
reports
Illicit Finance
US will be forced to curtail crypto if industry fails to act on illicit finance threats: deputy treasury secretary
cryptocurrency companies from the broader US economy if they fail to block and report illicit money flows, deputy treasury secretary Wally Adeyemo warned the industry on Wednesday. Speaking at an event hosted by the Blockchain Association, Adeyemo said that crypto companies need to do more to curtail the flow of illicit finance, and that the lack of action across the sector presents a risk to the US.
29.11 / 23:35
Blockchain
Microsoft
Gaming
Opinion
Sony
Blockchain Game
Can Sony and Microsoft bring blockchain to gaming consoles?
Sony and Microsoft, two of the biggest names in gaming, have been making significant moves towards blockchain technology in recent years. This is an important development, as it has the potential to not only revolutionize the gaming industry but it could be the Trojan horse that makes blockchain a mainstream possibility.
29.11 / 22:35
Blockchain
Action
Software
Infinity
Actor
Department
prevention
us sanctions
US sanctions cryptocurrency mixer Sinbad over alleged North Korea ties
WASHINGTON (Reuters) -The United States on Wednesday imposed sanctions on a virtual currency mixer the Treasury Department said has processed millions of dollars worth of cryptocurrency from major heists carried out by North Korea-linked hackers.
29.11 / 22:35
Blockchain
Target
Platform
Strategy
IOTA
IOTA Rolls Out $100M Abu Dhabi Foundation, Targets Middle East
Open-source blockchain platform IOTA has unveiled its Abu Dhabi Foundation as part of its strategy to kickstart its Middle East expansion plans.
29.11 / 22:35
Blockchain
valuation
Wormhole Raises $225 Million at $2.5 Billion Valuation in 2023’s Largest Crypto Fundraise
Interoperable blockchain protocol Wormhole has achieved another significant milestone with a $225 million seed fund raised from a group of prominent investors in the crypto landscape.
29.11 / 22:23
Blockchain
NFT
Gaming
Blockchain Game
Square Enix auction dates, Azuki DAO rebrands to Bean: Nifty Newsletter
In this week’s newsletter, read about footballer Cristiano Ronaldo facing a lawsuit after promoting nonfungible tokens (NFTs) tied to crypto exchange Binance, and find out how an NFT collector thwarted a hacking attempt by a person impersonating a journalist. In other news, Azuki DAO is rebranding to Bean, game developer Square Enix announces an NFT collection, and one user claimed tokens worth $11 million in the recent Blur airdrop.
29.11 / 19:47
business
Blockchain
Tokens
Digital Asset
copper
Former British Chancellor's crypto firm Copper launches tokenized securities platform
London-based crypto trading firm Copper plans to start offering tokenized securities early next year, according to reports on Nov. 29. Under the leadership of former British Chancellor Phillip Hammond, the company expects to capitalize on institutional investors' demand.
29.11 / 19:47
Blockchain
defi
hacks
Web3
Cybersecurity
security
Exploit
This Web3 security protocol recovered $800K in user funds after Vulcan Forged exploit
As Web3 gets bigger, it struggles to keep up with the malicious actors targeting users’ funds across different blockchains and networks. This security protocol takes a preventive approach against hacks and exploits, freezing assets before they get stolen.
29.11 / 18:45
29.11 / 17:51
Blockchain
Provident
Digital
Platform
Strategy
Enterprise
innovations
Paxos Receives Approval To Issue Stablecoins In Abu Dhabi
Crypto firm Paxos has secured two in-principle approvals from the Financial Services Regulatory Authority in the Abu Dhabi Global Market.
29.11 / 17:51
Blockchain
Provident
Binance
Digital
CEO
Platform
innovations
copper
Copper to Launch Abu Dhabi-based Digital Securities Brokerage
London-based crypto trading and custody firm Copper announced plans to launch a new brokerage platform for digital assets in Abu Dhabi as soon as early next year, the company announced on Wednesday.
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