Solana-Based DeFi Protocol Hubble Raises $5 Million in Funding
The funds to be used to expand its team and bolster its native stablecoin USDH
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Ethereum Network Centralization Concerns Mount Ahead of the Merge
The crypto community is debating whether large validators may be forced to censor transactions following the Merge.
The European Union Intends to Deploy NFTs to Combat Forgeries
Key Takeaways: In an effort to combat counterfeiting and forgery, the Ecu Union (EU) is working on a blockchain project that makes use of non-fungible tokens (NFTs). The planned system is the result of more than five years of work…
Bitcoin Pumps After White House Releases Report on Bitcoin Energy Use
Key Takeaways Reports argue that global crypto mining emissions are greater than the emissions of many individual countries. United States crypto production represents between 0.2% and 0.3% of global greenhouse gas emissions and between 0.4% and 0.8% of domestic emissions.…
Investigators Recover $30+ Million of the Axie Infinity Exploit
Key Takeaways: Investigators have found more than $30 million worth of bitcoin that was taken from Axie Infinity’s Ronin network, according to Chainalysis. Approximately 10% of the money that was stolen from Axie Infinity was found in these seizures. According…
Coinbase Funds Lawsuit Against the US Treasury Department
Key Takeaways The six plaintiffs which include Coinbase employees are suing the U.S. treasury Department for blacklisting Torando Cash. Coinbase CEO Brian Armstrong said the Treasury Department had gone too far “by sanctioning an entire technology instead of specific individuals.”…
RVN Price Analysis September 2022
RVN is a token of the platform Ravencoin. Its current price is around $0.04106 by the time of writing, with a low of $0.01728, and it has a market cap of 429 million dollars. RVN Coin Market Analysis RVN has a total…
Taiwan has Approved 24 Crypto Platforms Including WOO Network
Key Takeaways: Woo Network’s anti-money laundering (AML) approval implies the company can seek a banking partner in Taiwan to facilitate crypto-to-fiat trade. Taiwan’s regulators have recognised the platform as the first international exchange to get AML approval. AML registration for…
Brazilian Tax Authorities Register a Record Number of Crypto Statements
Key Takeaways: The RFB, the Brazilian tax body, has released its statistics on cryptocurrency statements for the month of July. A record number of Brazilians—more than one million—declared cryptocurrencies throughout the month, according to the organization’s claims. The Brazilian tax…
Poolin Mining Pool Suspends Withdrawals, Cites “Liquidity Issues”
Pollen to freeze its Pool Account and Poolin Wallet as payout withdrawal options for miners.
