The Belarusian government announced on July 2 that due to the need to combat crime, the country will ban the use of cryptocurrencies for transactions between individuals. A spokesperson for the Information Department of the Ministry of Internal Affairs of Belarus said on the 2nd: "The Ministry of Internal Affairs is working on legislative innovation to prohibit...
Cryptocurrency exchange Bittrex has taken a notable step amid filing a motion to dismiss a lawsuit filed against it in a legal dispute with the US Securities and Exchange Commission (SEC). Bittrex recently argued in court documents that the SEC does not have the necessary powers to regulate cryptocurrencies as securities unless expressly authorized by Congress....
Mike Selig, a legal counsel at law firm Willkie Farr & Gallagher in New York, said the tokens mentioned in the SEC complaint don’t have much in common other than they are all blockchain-based crypto assets. They include assets of major blockchain networks, metaverse and game tokens, stablecoins, and various utility tokens that serve specific functions. By naming...
On June 29th, Diva, a decentralized liquidity staking protocol, launched Diva DAO and made an initial distribution to approximately 15,000 unique Ethereum pledgers and ecosystem participants. Diva DAO allows DIVA token holders to exercise their voting rights through entrustment and make on-chain decisions about the launch of the Diva protocol, including deploying...
According to the Beosin EagleEye security risk monitoring, early warning and blocking platform monitoring of the blockchain security audit company Beosin, the DeFi lending agreement Themis Protocol was attacked on June 28, 2023, and the attacker made a profit of about 370,000 US dollars. Beosin Trace tracked It was found that 130,471 USDC, 58,824 USDT, and 94 ETH...
According to the official blog, NFT startup Tegro completed a seed round of financing at a valuation of US$100 million, with Polygon Ventures and other private investment institutions participating in the investment. The specific financing amount has not yet been disclosed. Tegro supports users to conduct NFT batch transactions on Ethereum, Polygon and other EVM...
UGA Labs Metaverse project Orderside's data aggregator Otherside Wiki has released an inventory tool update. New features include quick market data access, quick transaction indicator display, contract asset viewing, wallet details, etc. Attempts are currently being made to introduce NFT floor-based Profit and Loss (PnL) functionality, with a solution coming soon.
Cryptocurrency critic Peter Schiff predicted an imminent drop in bitcoin prices, tweeting Schiff, “Until recently, the rally in highly speculative assets kept bitcoin out. Now that bitcoin has finally joined the party, perhaps is a sign that the party is coming to an end soon. Typically, the rally ends when the lowest quality stuff finally gets involved. There is...
According to news on June 23, Digital Asset, a New York company that was previously responsible for developing a blockchain clearing system for the Australian Stock Exchange (ASX), blamed ASX for canceling the plan and blamed ASX for its failure. Meanwhile, ASX representatives pushed back, saying Digital Asset's claims were misleading. Digital Asset co-founder...
According to news on June 22, the price of bitcoin soared above $30,800 on Wednesday, the highest level since April 14. Over the past week, BlackRock, WisdomTree and Invesco have each filed spot bitcoin ETF applications, underscoring continued institutional interest in bitcoin. The total value of bitcoin options contracts traded on major exchanges including...
7:00-12:00 Keywords: Singapore, Standard Chartered Bank, GBTC 1. The Monetary Authority of Singapore proposes relevant standards for digital currencies; 2. WisdomTree and Invesco, an asset management company, submitted another spot bitcoin ETF application; 3. A small amount of bitcoin transactions were made at a suspected related address of Silk Road that has been...
7:00-12:00 Keywords: ZachXBT, ETH, BlackRock, Sandbank 1. "On-chain detective" ZachXBT claims to have encountered blackmail threats; 2. Three unmarked Ethereum verifiers withdraw 72,000 ETH; 3. Blur has shortened the bid acceptance time from 1 hour to 30 minutes; 4. After BlackRock submitted the Bitcoin spot ETF application, GBTC rose by more than 12%; 5. South...
7:00-12:00 Keywords: Tether, Korean courts, CEX, Monetary Authority 1. Data: The market value of Tether suddenly dropped by nearly 500 million US dollars yesterday; 2. The South Korean court ruled that the lending interest rate of virtual assets is not subject to the maximum interest rate limit; 3. The Block: The daily average data of CEX spot trading has dropped...
CoinGlass data shows that on June 17, the trading volume of Grayscale Bitcoin Trust (GBTC) almost hit a new high in 2023. As of Friday's close, GBTC rose 12.84%, temporarily at $15.12. Adam Cochran, a partner at venture capital firm Cinneamhain Ventures, said that if the Blackrock ETF is indeed approved, the real winner will be GBTC, because BlackRock will show...
According to the news on April 17, the stock price of Bitdeer (NASDAQ: BTDR), a cryptocurrency mining service provider owned by Wu Jihan, soared by more than 50% on June 16 (Friday), breaking through $11.5 at one point, a record high. A new high, closing at $11.3, with a market capitalization of over $1.2 billion. On April 14, Bitdeer backdoored SPAC (Special...
7:00-12:00 Keywords: Binance.US, Coinbase, House of Representatives, Ministry of Finance 1. Foreign media: Binance.US laid off about 50 people; 2. Coinbase will provide 4% rewards for USDC; 3. The U.S. House of Representatives will hold two hearings on SEC oversight on June 22; 4. The US court will make a ruling on Terraform Labs’ dismissal of the SEC lawsuit...
On June 15, Andrei Grachev, managing partner of DWF Labs, tweeted that trading activity had bottomed out, with 24-hour spot trading volume at $23 billion, the lowest since the winter of 2019. Behind the scenes, exchanges started requiring projects to manage volume, liquidity, etc., or delist them. Retail activity is also low, but people want and people need...
News on June 7, in a Chrome blog announcement on June 5, Google has confirmed that a zero-day vulnerability in its Chrome web browser is being actively exploited and issued an emergency security update in response. The desktop app has been updated to version 114.0.5735.106 for Mac and Linux and 114.0.5735.110 for Windows, all of which will be "rolling out in the...