Day: 19 January 2023

SSV.network DAO has started a new ecosystem fund to support Ethereum's Proof-of-Stake decentralization, a move it claims will encourage the development of new staking-related technologies using apps built on Distributed Validator Technology. The $50 million ecosystem fund would aid initiatives developing products utilizing distributed validator technology, or DVT. The fund's ...

In a press statement issued today, XRP Healthcare, a Web3 firm based in London that is working to create a decentralized market for drugs and healthcare services on the XRP Ledger, announced a partnership with ScriptCo. The firm has developed its native token (XRPH) to serve as the marketplace's utility ...

1inch Network, a decentralized exchange (DEX) aggregator, has officially unveiled the 1inch Hardware Wallet, a proprietary hardware wallet. The 1inch hardware wallet is fully air-gapped, which means that it doesn't have a direct connection to the internet and doesn't need a wired connection to offer the highest level of protection. ...

OKX, one of the largest cryptocurrency exchanges by trading volume, has published its third monthly Proof-of-Reserves (PoR), which shows that it holds $7.5 billion in BTC, ETH, and USDT.  The detailed breakdown of assets is shown for the first time in this third proof of reserves that OKX has disclosed. ...

Despite the ongoing efforts of security teams from various cryptocurrency exchanges to combat hacking attempts and protect user funds, a significant amount of money continues to flow to the sanctioned cryptocurrency mixer, Tornado Cash.   This mixer, known for its privacy-enhancing features, has become increasingly popular among those looking to conceal ...

Binance, a leading cryptocurrency exchange, has been named as one of the top three counterparties associated with Bitzlato in an order issued by the Treasury's Financial Crimes Enforcement Network (FinCEN).   The order was issued due to a detailed investigation into the activities of Bitzlato, which is alleged to have been ...

An aggrieved group of customers has taken legal action against Compass Mining, a company specializing in cryptocurrency mining, alleging fraud and seeking over $2 million in damages.  The customers claim that the company failed to return their Bitcoin mining machines after cutting ties with a Russian hosting company, Bit River. ...

BitMart, a Cayman Islands-based cryptocurrency exchange, has announced its plans to provide off-exchange settlement services to its institutional clients by partnering with digital asset custody firm Copper.   The partnership will allow BitMart's institutional clients to trade on the BitMart exchange while safeguarding their digital assets in Copper's custody. According to ...