Latest

Beijing Unveils White Paper: Paving Way for Web3 Innovation and Development
Beijing has published a white paper to encourage innovation and grow the Web3 industry.
Arbitrum Liquidity Protocol Jimbos Suffers a $7M Hack
Hong Kong Police launches CryberDefender Metaverse Platform to educate youth
Binance Unveils Plans for Japanese Platform; Transition Phase Commences


Crypto Exchange Patricia Halts Withdrawals Amid BTC and Naira Security Breach
A security issue has been discovered on Patricia, necessitating fast action to protect its consumers.

Binance Receives Approval: Set to Launch Exchange Operations in Thailand
Binance has obtained new regulatory approvals in Thailand as part of its ongoing global expansion.
Gemini and Genesis Seek Dismissal of SEC Lawsuit on Earn Product
Gemini and Genesis have requested a judge throw out an SEC complaint involving their Earn product.
Sandbox CEO’s Twitter Account hacked, promotes scam airdrop
The scam post promoted a SAND token airdrop and encouraged users to “check eligibility and claim on the site,” referring users to a website with a different URL than the official one

Digital Currency Group Ceases Operations of Institutional Trading Platform
With effect from May 31st, TradeBlock, DCG’s premier brokerage and trade execution division, will close.
Market Analysis

Hyperverse Crypto: Time travelling to zero
Hyperverse crypto is a scam or a investable metaverse crypto? Read on to discover all aspects of hyperverse crypto.

Top 3 Fan Tokens to invest for Quick Gains
These 3 fan tokens can deliver quick gains in near future due to the associated team’s on-ground performance.

Refund Coin: Another Memecoin Pumped 1000%
Refund Coin (RFD) is a new ERC20 cryptocurrency minted on May 19, 2023. It is one of the many memecoins that have emerged in the second quarter of 2023, which
PRESS RELEASES

Tangem Successfully Closes Investment Round, Fueled by Shima Capital

RevoFi Leads the Charge for Decentralized Cloud Infrastructure with Revolutionary A.I. Capabilities and Far-Edge Computing

Gridex Protocol’s Native Token, GDX, Surges by Over 422% in 24 Hours After Listing on D5 Exchange

Gridex Protocol set to Launch GDX Token on D5 Exchange this March 15th

Mobile Game Prize Kingdoms Advances New Free-To-Earn Gaming Model

Gate.io Launches Dedicated SAFU Page, Reiterating Commitment To User Asset Safety
Brazilian Central Bank Selects Nubank, Visa, and 12 Others for CBDC Pilot
EU Regulatory Body Highlights Risk Associated with Banks that Run on Stablecoins
Gemini Selects Dublin as European Headquarters amid US regulatory pressure
Unciphered Security Firm Exposes Trezor T Wallet Vulnerability
Cross-Chain Protocol Multichain to compensate users amid backend upgrade delay
Fahrenheit Emerges Victorious in Bid to Acquire Bankrupt Celsius’ Assets

ZA Bank Unveils Plans for Digital Asset Retail Trading in Hong Kong with New Guidelines
Retail virtual asset trading will be available in the administrative region thanks to ZA Bank, a Hong Kong-based company.

U.S. Authorities Take Action: Binance Assists in Freezing $4.4M Tied to North Korean Cybercrime
The Office of Foreign Assets Control of the U.S. Treasury has placed sanctions against a number of addresses linked to cybercrime in North Korea.

FBI Issues Alert Regarding Scams in Crypto Job Listings
The US Federal Bureau of Investigation (FBI) has issued a warning over fake cryptocurrency job postings that have appeared on social media and job boards, mainly in Asia.

Core Scientific plans to Exit Bankruptcy by September
Key takeaways: According to recent court filings, Core Scientific, a crypto mining company currently undergoing Chapter 11 bankruptcy proceedings, is targeting a September exit from

Coinbase Fights Back: Requests Mandamus Against SEC, Pushes for Rulemaking
Once more, and this time within seven days, Coinbase has requested a response from the SEC.

Russian Lawmakers Introduce Amendments to Digital Ruble Bill
The bill’s provisions for debt management, non-resident services, and the function of the central bank are all subject to revision.

Prometheum Subsidiary Gets FINRA Approval, Becomes First Qualified Custodian for Digital Asset Securities in the US
By designating Prometheum Ember Capital as an SPBD, FINRA has granted the firm qualified custodian status

South Korea’s Ruling Party Urges Swift Implementation of Crypto Regulations
Key takeaways: The floor leader of South Korea‘s ruling People Power Party announced that a recently proposed bill, which mandates lawmakers and high-level government officials

Binance denies commingling customer fund allegations
Binance’s chief of communication, Patrick Hillmann, stated that the allegations were based on user deposit-based USD minting, where users purchased a stablecoin redeemable by Paxos

Hong Kong Grants Retail Investors Access to Licensed Crypto Exchanges
The securities watchdog in Hong Kong has unveiled fresh proposals to give regular investors access to platforms for virtual assets.
Gemini’s Derivatives Exchange Faces Regulatory Consequences in the Philippines
Crypto Exchange Hotbit All Set To Suspend Operations
Crypto Custody Battle: Gemini Accuses DCG of Failing to Pay $630M
ConsenSys Clarifies Rumors: MetaMask Affirms No Tax on Crypto Transactions
Inferno Drainer Crypto Scam Service Siphons $6 Million from Users
EDITORIAL TEAM

Best 6 Binance Alternatives : Is Binance Going Down?
Amidst the latest regulatory suppression that Binance is facing worldwide, you might be looking for platforms that provide the same assortment of services that Binance does. Therefore, we bring you

How to buy Siacoin (SC) in India?
As cryptocurrencies are gaining immense attention these days, today, we shall discuss Sia and its token Siacoin. This article shall delve into various aspects of Siacoin and provide a detailed

WazirX vs CoinDCX vs Bitbns – Who has the Lowest Fees?
There are various crypto trading exchanges available in India. So today, we will compare India’s 3 best crypto trading exchanges, i.e., WazirX, CoinDCX, and Bitbns. Summary (TL;DR) The three leading
G7 members seek to establish stricter crypto regulations
Crypto.com Receives MVP Preliminary License from Dubai’s VARA
South Korea Announces $51M Investment for Expansion of Metaverse-Related Projects
Hong Kong’s crypto integration efforts gets backing from China, report
Crypto Exchange Kraken faces SEC investigation over Securities Violations
EU lawmakers to set up stringent crypto regulations for banks
Seoul government makes its metaverse project public
Thailand’s SEC issues New Crypto Custody Provider Rules

Biden rejects crypto-friendly debt deal amidst U.S. default threat
Key takeaways: During the G7 summit, President Joe Biden stated that prior to his departure, he held discussions with all four congressional leaders and they

Tornado Cash Governance Compromised in Malicious Proposal Attack
 Attacker successfully granted 1.2 million votes to a malicious proposal and the proposal received more than 700,000 legitimate votes,

Michael Lewis is all set to Publish Book on FTX’s downfall
The author of “Moneyball” and “The Big Short,” Michael Lewis, is almost done writing a book about Sam Bankman-Fried

CoinDeal Fraud Case: Nevada Man Charged with $45M Crypto Scam
The U.S. Department of Justice accused a Nevada man of participating in the CoinDeal cryptocurrency scam.

5 Best Penny Cryptocurrency For Summer 2023
Cryptocurrencies are digital assets that have gained popularity and value in recent years. However, not all cryptocurrencies are created equal. In this article, we will

BTC Payment App Strike to Expand to Over 65 Countries, Relocates Headquarters to El Salvador
Strike also plans to introduce additional features by the end of the year, including a debit card.Â

Crypto Rugpull Scandal: Swaprum DEX Team Absconds with $3 Million
The creators of the decentralized exchange Swaprum have purportedly rug-pulled $3 million in Ether tokens from the protocol.

Bug in Aave V2 Polygon Hampers User Access to Assets, Proposal Seeks Fix
The bug is causing inconvenience for users attempting to interact with certain pools, namely Wrapped Ether (WETH), Tether (USDT), Wrapped Bitcoin (WBTC), and Wrapped Matic (WMATIC), on Aave V2 Polygon
U.S. Lawmaker Introduced a Bill to Address Digital Assets Classification
Visa Deploys Paymaster Smart Contract on Ethereum Testnet
Singapore’s Whampoa Group to establish digital bank HQ in Bahrain
Coin Cafe Compensates Users with $4.3M Settlement for Overcharging
Australian Security Exchange Abandons Blockchain for Software Rebuild
Unleash the Power of Bybit’s ApeX Pro: Embark on Bybit KYC Adventure and Claim Magnificent Rewards!
Pepe Coin: The Meme Coin That Soared 20,000% in 2023
SEC Urges Grayscale to Withdraw Trust Registration, Labels Filecoin as a Security

Pakistan Proposes Permanent Ban on Crypto Services
The minister of state has announced a cryptocurrency prohibition for finance and taxation in Pakistan. The legislation banning cryptocurrency is being written by the Central Bank of Pakistan and others.

FTX leadership sues Sam Bankman-Fried over pre-bankruptcy $220M deal
FTX reportedly paid $220 million to acquire Embed through its American subsidiary on May 17 despite having allegedly “performed almost no due diligence” on the platform

Hong Kong launches e-HKD pilot program with 16 companies
The pilot program for the e-HKD’s central bank digital currency (CBDC) was presented by the Hong Kong Monetary Authority (HKMA).Â

Judge Denies Motion to Seal Hinman Documents :Â Ripple SEC Case
Judge Torres rejected the SEC’s request to seal any papers related to Hinman in its case against Ripple.

Ledger Wallet Criticized for Seed Phrase Recovery Service
Ledger, a maker of cryptocurrency wallets, is facing criticism for its recently introduced “Ledger Recover” feature.

Vietnam Court Sets Precedent: Life in Prison for Perpetrators of $1.5M Crypto Theft
The alleged kidnapping of a person and theft of $1.5 worth of bitcoin was carried out by two former police officers and 14 more Vietnamese.

Unveiling Exciting Bybit KYC Campaigns : Unlock Rewards Today!
Bybit, the renowned cryptocurrency derivatives exchange, is back with two incredible Bybit KYC campaigns for its users. Whether you’re a new user or an existing

EU Finance Ministers Gives Green Light to MiCA Crypto Regulation
The MiCA law is approved by a unanimous vote of the European Union’s finance ministers.