Cybersecurity firm Check Point said it discovered a smart contract function called “setTaxFeePercent” which can reportedly change the contract’s buy and sell fees. The research arm of cybersecurity software firm…
Continue ReadingThe national regulators identified four major products in the crypto sector. Following the global regulatory race, Australia opened the public consultation on its own taxonomy of crypto assets. The national…
Continue ReadingUSDC issuer Circle Inc. previously released a euro-backed stablecoin that is regulated in the United States. Finnish company Membrane Finance has released a fully-reserved stablecoin backed by the euro, according…
Continue ReadingThe smart contract token economy rose 5.6% against the U.S. dollar on Thursday, reaching $332 billion. Additionally, the value locked in decentralized finance (defi) increased to nearly $50 billion, a…
Continue ReadingHSBC is looking for a candidate who knows of digital assets, especially asset tokenization and custody, according to a job posting. HSBC, the British multinational bank which manages the largest…
Continue ReadingRally cited a “challenging year” for the crypto industry in its decision to “begin to sunset” the platform’s sidechain after Jan. 31. Rally, a social token platform, has announced nonfungible…
Continue ReadingBlur, the non-fungible token (NFT) marketplace, has seen a significant increase in volume since its launch in October. According to statistics from Dune Analytics, Blur has captured about 30% of…
Continue ReadingPersistent worries about Binance’s solvency, increased regulation of the crypto sector and questionable use cases are chipping away at BUSD’s market capitalization. Stablecoins in the cryptocurrency market help provide USD…
Continue ReadingThe list of illiquid tokens includes a Donald Trump prediction token, an animal fundraising coin and tokens for several Solana projects. The new management of the bankrupt FTX exchange has…
Continue ReadingThe panel included the CEO of Circle, Finland’s minister of transport and communications, and other industry personalities. In a wide-ranging discussion, a panel of blockchain industry personalities at the World…
Continue ReadingThe meme token shiba inu has seen a rise against the U.S. dollar during the last seven days as the coin’s supporters anticipate the beta launch of the layer two…
Continue ReadingAccording to statistics, decentralized exchange (dex) monthly trading volumes have dropped significantly since Jan. 2022. After a brief spike in volume in Nov. 2022, dex trade volumes have been lackluster…
Continue ReadingOn Friday, the Web3 wallet firm Metamask, a subsidiary of the Ethereum-centric company Consensys, announced the beta launch of ethereum staking features will be made available via Lido’s or Rocketpool’s…
Continue ReadingSome tokens were delisted due to “severe violation of regulations.” According to a Jan. 11 announcement, cryptocurrency exchange Huobi said that it would delist 33 tokens consisting of tickers ABT,…
Continue ReadingAfter a 2-year wait, the layer-1 Flare blockchain has finally followed through and sent its tokens to those who held XRP at the time of the snapshot. The Flare (FLR)…
Continue ReadingDecentralized finance (defi) and smart contract platform tokens rallied on Monday morning (ET) and the total value locked in defi jumped above the $40 billion zone for the first time…
Continue ReadingHong Kong is doing its best to provide an appropriate amount of supervision to the crypto market in order to release the potential of technologies like Web3. The government of…
Continue ReadingAccording to onchain research, wallets connected to Sam Bankman-Fried, the disgraced co-founder of FTX, transferred a significant number of previously unreported transactions across various blockchains. The transfers were discovered by…
Continue ReadingTraders are piling into BONK, boosting its price by triple-digits in the last 24-hours and possibly hinting at a trend reversal in Solana price. Bonk, a meme token modeled after…
Continue ReadingTime-weighted average price is an algorithmic trading strategy that aims to reduce price volatility and improve liquidity during the trading process. Time-weighted average price is an algorithmic trade execution strategy…
Continue ReadingWhile the crypto market in 2022 was hit by a slew of insolvencies and daily volatility, adoption seems to have continued apace on the global level. It’s no secret that…
Continue Reading2022 was a challenging year for many crypto companies, but some maintained exemplary performance. 2022 saw the fall of many linchpin crypto and blockchain firms as the May market drawdown…
Continue ReadingThe rapidly evolving cryptocurrency ecosystem is entering a new phase in 2023, with incoming regulations in the U.S. and European Union. Bitcoin (BTC) had a bumpy ride throughout 2022, along…
Continue ReadingDeFi had several key moments through 2022, but how is it expected to evolve in 2023? Decentralized finance (DeFi) is defined as any product or service offered by the Web3…
Continue ReadingThe new tokenomics intends to boost liquidity and decentralization in the platform, enabling SushiSwap to continue operations. Jared Grey, CEO of the decentralized exchange Sushiswap, has plans to redesign the…
Continue ReadingA marketplace for digital assets is soon going to open in China under a public-private partnership, local media revealed. According to the report, the goal is to establish a regulated…
Continue ReadingBMW will integrate decentralized tech in two phases- first in its daily operations to eliminate complex paperwork, and the second phase would see the development of a customer loyalty program.…
Continue ReadingA blockchain platform built by Russia’s largest banking institution, Sber, has been used to issue digital assets based on gold. The value of the tokenized precious metal will depend on…
Continue Reading2022 has been an interesting year for stablecoin assets as the market capitalization of the entire stablecoin economy lost just over $28 billion in value. Moreover, more than $3 billion…
Continue ReadingThe U.S. Securities and Exchange Commission (SEC) has charged Thor Technologies and its co-founders with conducting an unregistered securities offering. In 2018, the company minted and sold tokens to raise…
Continue ReadingA South Korean province is using the Metaverse for closer economic ties with Vietnam and an elaborate phishing scam netted 14 Bored Apes. South Korea’s Gyeongbuk Province has announced plans…
Continue ReadingWhile billions of dollars in crypto assets have been withdrawn from Binance, the world’s largest exchange in terms of volume, the stablecoin BUSD has seen its coins in circulation drop…
Continue Reading“Our recovery tool is able to move unsupported assets directly from your inbound address to your self-custodial wallet without exposing private keys at any point,” said Coinbase. Major cryptocurrency platform…
Continue ReadingRussia’s largest social network, Vkontakte, has launched a feature allowing users to upload digital collectibles to the platform. Account holders will also be able to buy and sell them in…
Continue ReadingGMX and LOOKS price pulled off double-digit rallies in the last week as former BitMEX CEO Arthur Hayes revealed his investment thesis for both projects. In a recent blog post,…
Continue ReadingA new soulbound NFT project from Cobo, MetaMask Institutional and Gnosis Safe is bringing new nonfungible exclusivity and proof of identity to users. Soulbound tokens (SBTs) are becoming a mainstay…
Continue ReadingThe Nomad protocol will allow users to bridge back madAssets and access a pro-rata share of recovered funds. The Nomad token bridge announced its relaunch guide after fixing the contract…
Continue ReadingJapan’s financial giant Sumitomo Mitsui Financial Group is experimenting with soulbond tokens to satisfy new social needs. The Japanese financial group Sumitomo Mitsui Financial Group (SMBC) is moving to explore…
Continue ReadingA court in the Chinese city of Hangzhou has determined that non-fungible tokens, or NFTs, represent virtual property protected by the laws in the People’s Republic. The ruling comes from…
Continue ReadingWhile CBDCs will cater to local demands, cooperation between countries could facilitate and support the widespread adoption of readily-available stablecoins. For over 14 years, central banks worldwide have seen blockchain…
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