Polygon zero-knowledge EVM rollup aims cheaper Web3 transactions
Polygon uses zero-knowledge proof to club multiple transactions into groups before relaying them over to the Ethereum blockchain as a...
Month: July 2022
Breaking: Zipmex suspends withdrawals as CEO denies financial trouble rumors
The CEO of Thai crypto exchange Zipmex denied rumors of financial trouble just moments before the group announced it would...
US senator blasts SEC for non-judicial actions against crypto companies
Senator Emmer highlighted the SEC’s politicization of regulations and called them power-hungry regulators that discourage good-faith regulations. Tom Emmer, the...
Bitgo Adds Near Protocol Support — Custodian to Store Near Foundation’s Treasury
On July 19, the digital asset company Bitgo announced it has partnered with the Near Foundation and will be “the...
Crypto Exchange Gemini Axes 7% of Its Staff in Second Wave of Layoffs
Gemini, the cryptocurrency exchange owned by the Winklevoss twins, is laying off more staff. According to reports, the company is...
Financial Superintendence of Colombia Presents Project to Regulate Crypto Service Providers
The Financial Superintendence of Colombia presented a project that seeks to bring clarity to how links between banks and virtual...
Digital Token Issued In Russia to Facilitate Investments in Palladium
Transactions with digital assets backed by precious metals are beginning in Russia with the launch of a token for palladium....
Gemini receives virtual asset service provider license in Ireland
New York-based crypto exchange Gemini opened its local office in Dublin, Ireland, last year. Now, it is granted with a...
US Justice Department seized $500K in fiat and crypto from hackers connected to DPRK
Deputy Attorney General Lisa Monaco said authorities relied on victims to report attacks “as soon as those crimes occur” to...
What are crypto faucets and how do they work?
By completing simple tasks, users can use a crypto faucet to earn modest coin payouts (similar to the minuscule drops...
US federal agency issues legal advisory on NFT investments
The advisory primarily targets reporting of NFTs investments that represent “property,” such as real estate. The United States Office of...
Bitcoin holds 5-week high as trader suggests ‘parabolic’ bear trend is over
A crypto renaissance sees Bitcoin price challenge major resistance and long-term trendlines in a much-needed show of strength. Bitcoin (BTC)...
21Shares launches S&P risk controlled Bitcoin and Ether ETPs
Despite crypto markets tanking this year, the Swiss crypto ETP firm 21Shares has seen its new crypto inflows hitting new...
Lummis-Gillibrand crypto bill likely deferred to next year
Senator Cynthia Lummis said that non-crypto-versed Senators will need some time to understand and digest the proposals. The major bipartisan...
Skybridge announces suspension of withdrawals from one of its crypto-exposed funds
Skybridge joins the crowd that has frozen crypto investors’ funds, although head Anthony Scaramucci says the suspension is a temporary...
