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Chinese Government Launches ‘Ultra-Large Scale Blockchain Infrastructure Platform’
The Chinese government is reportedly launching an “ultra-large-scale blockchain infrastructure platform for the Belt and Road Initiative.” The platform will support the implementation of cross-border cooperation projects…
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GSR Markets gets Major Payment Institution license from the MAS
GSR Markets secures MAS license, paving the way for OTC services in Singapore.
Singapore aims to be a crypto-friendly…
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Binance Plans To End Support For Bitcoin Ordinals NFTs
Binance will soon close its Bitcoin NFT marketplace after opening its trading venue to the network’s collectibles less than one year ago.
In a blog post on Thursday, the crypto exchange said it will “cease support for…
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ZachXBT Exposes NFT Project Creator of Fabricating Hack to Buy DeGods and y00t
On April 3, 2024, ZachXBT revealed that Kyle raised alarm bells in his Discord server, claiming his wallets had fallen victim to a hack.
The prominent blockchain investigator’s findings instead strongly suggested a…
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Deribit’s Dubai Unit Receives ‘Conditional’ Virtual Asset Service Provider License
Deribit FZE, an entity owned by crypto derivatives platform Deribit, has secured a conditional virtual asset service provider from the Dubai virtual assets regulator. The license, which covers spot and derivative trading, will remain…
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ETF Analyst Comments on ARKB Outflows: A Reality Check for Crypto’s Hodler Class
In a modest yet positive development, U.S. spot bitcoin exchange-traded funds (ETFs) saw a net inflow of $39.5 million, even as the ETF ARKB experienced a substantial outflow of $87.5 million. Despite ARKB’s significant outflow…
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Arkon Energy Strikes Deal With Bitmain for 27,700 Bitcoin Mining Rigs
On Tuesday, the Ohio-based bitcoin mining and colocation company Arkon Energy announced its procurement of 27,700 bitcoin mining rigs from Bitmain, equaling a hashpower of 6 exahash per second (EH/s). Ohio’s Arkon Expands Mining…
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US Government Could Be Ready to Sell $2 Billion in Bitcoin
The US government transferred 30,175 Bitcoin (BTC) to a wallet recognized as part of the crypto exchange Coinbase.
This move represents a substantial $2 billion, calculated at the prevailing Bitcoin price of approximately $65,000 per…
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Solana Foundation Asserts Core Network Should Be Permissionless Regarding Offensive Meme Coin Issues
The Solana Foundation has given its take on the offensive meme coin issue that originates on the Solana blockchain. Austin Federa, head of strategy at the Solana Foundation, sustained that the core components of Solana should be…
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DeFi Sector Grapples with $187M Losses But Recovery Efforts Net Nearly $99M
Amidst improved investor sentiment, blockchain security firm PeckShield’s report for March 2024 revealed a concerning surge in crypto hacks, with over 30 incidents causing approximately $187.29 million in losses.
Despite…
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