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07.04 / 04:03

business defi regulation Social Media marketing UK government UK uses Love Island star to warn finfluencers on crypto and investment schemes

The financial and advertising regulators of the United Kingdom have teamed up to send a warning to social media “finfluencers” telling them to stop promoting illegal “get rich quick” schemes or face law enforcement.

06.04 / 23:51

business Blockchain Ethereum Adoption defi Smart Contracts layer2 zkSync zkSync Era denies 921 ETH 'stuck forever' in smart contract

Matter Labs, the team behind Ethereum layer 2 scaling solution zkSync, has denied that 921 Ether (ETH) worth $1.7 million will be "stuck forever" in one of its new projects.

06.04 / 21:33

business regulation Marketplace Paxful Paxful co-founders’ litigation cites misappropriation of funds, money laundering, U.S. sanctions evasion

A bitter dispute between Paxful's co-founders Artur Schaback and Mohamad (Ray) Youssef in Delaware's courts may have been the real reason behind the Bitcoin marketplace's sudden closure on April 4.

06.04 / 20:49

business Government regulation Fraud Washington state DFI warns Eucoinotrade may be engaging in ‘advanced fee fraud’

The Washington State Department of Financial Institutions (DFI) has issued a consumer protection alert addressing the “alleged cryptocurrency exchange” known as Eucoinotrade.

06.04 / 20:49

business Blockchain solana Tokens Metaverse Solana reveals cost-cutting solution for on-chain storage

Layer-1 blockchain Solana has released a new solution aiming to drastically reduce the cost of on-chain storage. Called state compression, the technology promises to bring down the cost of minting 1 million nonfungible tokens (NFTs) on the network to nearly $110.

06.04 / 18:11

business Blockchain regulation Europe European Union boost Germany plans to issue electronic shares on blockchain, boost startups

The German government is pushing for more welcoming regulations for startups working with financial innovation in the country, according to the newly drafted legislation of the "Future Finance Act" introduced by the finance ministry on April 5.

06.04 / 18:11

business Blockchain Technology Polygon Web3 Decentralization DAO boost Accessibility Aragon and Polygon Labs collaborate to boost DAO accessibility

Aragon, an open-source framework designed to launch decentralized autonomous organizations (DAOs), has revealed that its infrastructure is now available on the Polygon network.

06.04 / 15:47

business Blockchain Enterprise avalanche Ava Labs Avalanche introduces ‘Evergreen’ subnets to connect institutions on blockchain

Ava Labs, the developer of the Avalanche layer-1 blockchain platform, is introducing new institutional deployments to improve the blockchain environment.

06.04 / 12:29

business Blockchain Adoption Cardano Podcast Charles Hoskinson: Cardano delays due to betting on wrong tech, ambitious roadmap

Charles Hoskinson, the co-founder of Ethereum and founder of Cardano, joins Elisha Owusu Akyaw on episode 14 of Cointelegraph’s Hashing It Out podcast to discuss the current state of crypto and take a deep dive into Cardano. Hoskinson gives his perspective on the recent happenings in the industry, crypto adoption in Africa and more. He also addresses issues surrounding Cardano, including delayed updates.

06.04 / 11:33

business regulation Investments Staking Chinese state insurance firm launches two crypto funds in Hong Kong: Report

The Chinese government appears to be more bullish on the cryptocurrency industry than one might think, as a major state company is reportedly launching new cryptocurrency funds.

06.04 / 09:15

business Binance Derivatives Bitcoin Binance Australia Derivatives license canceled by securities regulator

The Australian Securities and Investments Commission (ASIC) has canceled the license of Binance Australia Derivatives after a targeted review of Binance’s operations in the country.

06.04 / 09:15

business regulation Singapore to introduce uniform screening standards for crypto bank accounts

Singapore regulators are working with traditional banks to develop uniform standards for screening potential customers from the crypto industry. The collaboration has been ongoing for the last six months.

06.04 / 07:19

business Law Adoption Binance CFTC us government Court Jane Street, Tower Research and Radix are Binance’s 'VIP' clients in CFTC suit: Report

Trading firms Jane Street Group, Tower Research Capital and Radix Trading have been reportedly identified as Binance’s three “VIP” clients that were cited anonymously in the recent lawsuit filed against Binance by the United States commodities regulator.

06.04 / 05:59

business regulation Bloomberg Court Financial Times The New York Times Names of non-US FTX users demanded by mainstream media outlets

Some mainstream media outlets have objected to attempts to withhold the identities of non-United States customers of cryptocurrency exchange FTX during its bankruptcy proceedings.

06.04 / 05:59

business Adoption OpenAI faces Canadian privacy probe alleging personal info harvesting

OpenAI, the creators of artificial intelligence (AI) chatbot ChatGPT, is under investigation by Canada’s privacy commissioner for alleged collection and use of personal information without consent.

05.04 / 21:37

business Social Media Bitcoin Crypto users Crypto users react to Satoshi Nakamoto’s 48th birthday

The legendary creator of Bitcoin, Satoshi Nakamoto, turned 48 years old today, at least according to information provided to the global network P2P Foundation when they registered.

05.04 / 19:09

business Blockchain Technology Investments Web3 Decentralization Pantera Capital Pantera Capital leads $22.5M investment in M^ZERO Labs for decentralized infrastructure

Berlin-based M^ZERO Labs, a company that seeks to build neutral infrastructure linking assets in the global financial system with decentralized applications, has raised $22.5 million in a financing round led by Pantera Capital. The funding round also includes participation from other investors such as Road Capital, AirTree, Standard Crypto, The SALT Fund, ParaFi Capital, Distributed Capital, Kraynos Capital, Mouro Capital, and Earlybird.

05.04 / 14:33

business Stablecoin Tether SVB Silvergate Bankruptcy Signature Bank Tether 'unequivocally reiterates' no exposure to Signature Bank

After a Bloomberg article alleged exposure between stablecoin provider Tether and the now-collapsed Signature Bank, rumors began to circulate regarding the involvement between the two companies.

05.04 / 11:41

business Adoption OTC Paxful P2P Bitcoin Paxful shutdown hits Nigeria harder than the rest of the world, here’s why

The shutdown of the peer-to-peer cryptocurrency marketplace Paxful has left its worldwide community in search of alternatives, but it appears to have especially affected the Nigerian Paxful community.

05.04 / 09:21

business regulation data white house US President US President Joe Biden urges tech firms to address risks of AI

United States President Joe Biden stated on Tuesday that the safety of artificial intelligence (AI) is still uncertain and emphasized that technology firms should ensure that their products are secure before releasing them to the public.

05.04 / 08:47

business Adoption regulation Funding Venture Capital Banks SFC crypto rules Hong Kong’s crypto rules set a high bar for ‘good reason,’ says SFC advisor

The standards for Virtual Asset Service Providers (VASPs) in Hong Kong are set “incredibly high” as the Securities and Futures Commission (SFC) is wanting the crypto industry to match the same compliance standards as traditional financial firms.

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