According to a recent statement by James Seyffart, a Bloomberg Intelligence analyst with expertise in asset management, including cryptocurrency, the U.S. Securities and Exchange Commission (SEC) is considering approving the launch of Ethereum futures exchange-traded funds (ETFs) next week. Approval Read More
London, England, September 28th, 2023, Chainwire Decentralized ledger platform Radix Publishing has celebrated the successful completion of its long-anticipated Babylon mainnet upgrade. The Babylon upgrade represents the end of the Olympia era and has been hailed by Radix as a Read More
Binance Japan and Mitsubishi UFJ Trust and Banking Corporation (MUTB) have partnered to explore and develop “a new stablecoin pegged to fiat currencies, including the Japanese yen and other foreign currencies,” such as the US dollar. Despite ongoing regulatory challenges Read More
In today’s increasingly digital world, financial privacy has become a precious commodity. The erosion of private and financial privacy is a concern shared by many as our lives and financial transactions are increasingly conducted online. This increased vulnerability has spurred Read More
Binance Japan and Mitsubishi UFJ Trust and Banking Corporation (MUTB) have partnered to explore and develop “a new stablecoin pegged to fiat currencies, including the Japanese yen and other foreign currencies,” such as the US dollar. Despite ongoing regulatory challenges Read More
Terra’s re-pegging is in focus as the community votes to stop minting. The minting of TerraClassicUSD (USTC) will be terminated following an important decision ended last week. A proposal submitted on September 14 aimed to stop all minting and reminting Read More
Balancer Protocol, a prominent decentralized finance platform on Ethereum, was reportedly hacked through a front-end attack, resulting in the loss of over $240,000. The exploit came into alert on Tuesday after Balancer issued a warning to its users. “The balancer Read More
Ethereum is expected to be more efficient and thus attract more users after the Shanghai upgrade. However, a new report shows the opposite. According to a report by JPMorgan, Ethereum has seen drops in daily activity and total value locked Read More
Zug, Switzerland, September 21st, 2023, Chainwire The partnership entails an enterprise node deployment service offered by Chainbase The Open Network (TON) Foundation has partnered with Chainbase and Tencent Cloud to simplify blockchain development as the Foundation ushers in the next Read More
Duncan Chiu, a member of the Legislative Council of the Hong Kong Special Administrative Region (HKSAR), revealed that the Hong Kong Parliament is currently conducting a second round of consultations regarding stablecoin regulations, with plans to unveil these regulatory conditions Read More
Hong Kong, Hong Kong, September 20th, 2023, Chainwire OKX, a leading crypto exchange and Web3 technology company, today announced that it has successfully completed the Service Organization Control (SOC) 2 Type II audit, demonstrating that the company’s processes for governing Read More
Ethereum gas consumption has plummeted 99.99% since The Merge, transforming the network into a more environmentally friendly platform. One year after the major upgrade, The Merge, which marked the transition from Proof-of-Work (PoW) to Proof-of-Stake (PoS) consensus, Ethereum has achieved Read More
In a Court Filing, the U.S. Securities and Exchange Commission (SEC) pointed to Binance’s document production, regulatory violations, concerns about asset control, inconsistent statements, uncooperative responses, and limited cooperation in providing witness testimonies. The securities regulator alleged that Binance.US’s holding Read More
SINGAPORE, SINGAPORE, September 14th, 2023, Chainwire McLaren Racing and OKX, a leading Web3 technology company and Official Primary Partner of the McLaren Formula 1 Team, today revealed a limited-edition Stealth Mode livery design to be carried on the McLaren MCL60 Read More
The bankrupt cryptocurrency exchange FTX has updated its filing in an effort to seek regulatory approval for a token sale. The amendment followed the recent speculation about FTX’s plan to sell a massive amount of its crypto assets to pay Read More
PayPal’s cash-out option, available on wallets, DApps, and NFT marketplaces, debuted on MetaMask. PayPal rolled out its new off-ramp service to simplify Web3 payment transactions, and thus make digital assets more accessible to customers. According to the company’s press release, Read More
Oasys, a game-focused blockchain has announced its partnership with KDDI Corp, one of the top three telecom companies in Japan, which will propel the mass adoption of blockchain gaming to new heights. The blockchain-based game development platform has elevated its Read More
India is replacing a complete crypto ban plan with regulations, The Indian government is reportedly developing a legal framework on cryptocurrency following the G20 Summit on September 9 and 10. Accordingly, the 2023 G20’s outcome shed light on the coming Read More
Coinbase, the US leading cryptocurrency exchange, has reportedly launched a crypto lending service targeting institutional investors. The new product was first reported on CoinDesk, citing a U.S. Securities and Exchange Commission filing and a source familiar with the matter. According Read More
Visa, the world’s payment giant, announced the pilot programs in partnership with payment processors Worldpay and Nuvei. The goal is to enhance cross-border payment efficiency through stablecoin settlement expansion, particularly USDC, and Solana integration. The move was first published on Read More
