South Korea's Financial Intelligence Unit (FIU) has reportedly launched an intensive review of Upbit's operations over alleged non-compliance with Know Your Customer (KYC) requirements. The regulator allegedly uncovered 500,000 to 600,000 cases where the country's largest cryptocurrency exchange might...
Artnames, a new project that enables users to transform their online usernames into one-of-a-kind digital art NFTs, launched officially today, November 14, 2024. The project, built on Coinbase’s Layer 2 Network, Base, is a collaborative effort among six respected...
Bithumb, South Korea's second-largest cryptocurrency exchange, has announced it will terminate trading support for Radiant Capital’s RDNT token due to unresolved security issues. The exchange stated that the move follows a directive from the Digital Asset Exchange Association (DAXA),...
A rising number of high-net-worth investors are showing renewed confidence in the long-term potential of cryptocurrency, according to a recent survey by Swiss digital bank Sygnum. The survey, which involved over 400 investors across 27 countries, revealed that this...
Solana-based DeFi wallet provider Phantom has released an emergency update for its iOS app after users reported potential security vulnerabilities. The reports, which surfaced across social media and online forums, were majorly about unexpected app resets that left some...
The United States has earned itself the reputation of being "the land of opportunity", and that was very true in the early days of cryptocurrency. The country was home to startups and investments that fueled innovation and growth in...
U.S. President-elect Donald Trump has appointed tech entrepreneur Elon Musk and business leader Vivek Ramaswamy to lead the Department of Government Efficiency (DOGE), an initiative aimed at reducing government spending. DOGE's primary mission is to address the massive $6.5...
The Cardano Foundation, a nonprofit organization focused on advancing the Cardano blockchain ecosystem, has reported assets totalling $478 million for 2023, with most of these held in Cardano's native ADA tokens. According to its 2023 Financial Insights Report, released...
Ronin Network has announced a substantial upgrade for its decentralized exchange (DEX), Katana. The v3 upgrade, scheduled for late November, is designed to enhance trading efficiency and capital utilization. It will introduce concentrated liquidity pools, allowing traders and liquidity...
According to Russia's state news agency TASS, a Kremlin official has cautioned that Russia could face an energy shortage within the next 5 to 10 years due to the rapid growth of crypto mining. Maxim Oreshkin, deputy head of...
