If formally adopted, these uniform rules will strengthen cooperation among EU member states in combating financial crime. The European Union (EU) has made progress towards imposing stricter due diligence rules for cryptocurrency firms as part of its Anti-Money Laundering Regulation framework. These regulations aim to combat money laundering and establish …

Excitement is building as DojoSwap will be announcing the details of the upcoming launchpad project in the next 1-2 days. Injective Protocol, a leading decentralized finance (DeFi) platform, is preparing to host its next launchpad event on January 19-20 through its automated market maker (AMM) platform DojoSwap. More details about …

The first “seed” round in 2021 raised around $1 million, while the  “growth” round carried out later concluded in June 2023 accounted for the remaining $6 million. According to a report by The Block, Bitfinity, an emerging blockchain project building a Bitcoin Layer 2 network, has secured a total of …

According to them, the Foundation has a balance sheet that includes more than $285 million in fiat currency reserves, 305 million NEAR tokens valued at over $1 billion, and $70 million allocated for investments and loans. The NEAR Foundation recently announced its plans to downsize its core team by cutting …

However, Robinhood CEO emphasized that even though the value of cryptocurrencies like Bitcoin is rising, they are still complicated and risky Robinhood, a popular app for trading stocks and cryptocurrencies, has announced its plans to take swift action in listing spot Bitcoin exchange-traded funds (ETFs)  following the approval by the …

The bankruptcy estate intends to sell these assets in order to increase the capital available for distribution to FTX account holders and creditors. The bankruptcy proceedings for the failed cryptocurrency exchange FTX have reached a new stage. The court-appointed overseers of the estate have received approval to auction off several …

The affected cryptocurrency exchanges have responded cautiously, stating their commitment to comply with local laws while minimizing disruptions to their services. Apple has recently made a big decision to block certain popular cryptocurrency exchange apps from its App Store in India. This choice was influenced by the increasing regulatory pressure …

Credit Vaults empower borrowers by allowing them to customize loan terms according to their specific requirements. The increased interest rates provided by the solution encourage more lenders to join. Clearpool, a decentralized finance (DeFi) lending protocol, has introduced a groundbreaking product called Credit Vaults. With this solution, the network aims …

In addition to the increasing developer activity on the Solana network, SOL has shown signs of recovery after a recent period of struggle. The Solana blockchain network has achieved an important milestone with over 2,500 developers actively contributing to its open-source ecosystem on a monthly basis. This growth in developer …

Buterin emphasized that these proposals provide credible ways to limit the number of signatures without compromising security or showing favoritism. Ethereum wants to make its proof-of-stake model simpler for better efficiency. Right now, validating transactions on the Ethereum blockchain is done by a large number of validator nodes, around 895,000 …

The “smart money index”, which measures the net bullish bets by institutional players through Chicago Mercantile Exchange (CME) Bitcoin futures, has reached an all-time high of over 13,700 in recent days. Large investors have taken large long positions in the Bitcoin (BTC) futures market, indicating that institutional capital is flooding …

By compelling influential political leaders and bureaucrats to share their virtual currency investments, South Korea hopes to heighten transparency surrounding public-sector finances. South Korea is set to begin disclosing the cryptocurrency holdings of top public officials beginning in 2024, marking a monumental push toward transparency and accountability in government services. …