WEMIX Launches WEMIX Kanvas, a Layer 2 Chain

WEMIX Launches WEMIX Kanvas, a Layer 2 Chain

WEMIX, a gaming protocol has unveiled the WEMIX Kanvas, an Ethereum-based Layer 2 chain based on the work of the Ethereum Virtual Machine (EVM)-equivalent Zero Knowledge (ZK) Rollup. The launch is part of the protocol’s plan to build a...

The Sui Foundation, the developers of the SUI ecosystem, has announced its partnership with BitGo, a leading custody and security solutions provider.

Sui Ecosystem Gets Support From BitGo As First Custodian

The Sui Foundation, the developers of the SUI ecosystem, has announced its partnership with BitGo, a leading custody and security solutions provider. SUI token holders will be able to store and stake their assets using both custodial and non-custodial...

California DPFI Launches Tracker to Spot Crypto Scams

California DPFI Launches Tracker to Spot Crypto Scams

The California Department of Financial Protection and Innovation (DFPI) yesterday launched the DFPI Crypto Scam Tracker. The tracker provides details of identified crypto scams, as reported by the public, to allow investors and consumers to research and prevent potential...

US SEC Sues Terraform Labs and Do Kwon for Fraud

US SEC Sues Terraform Labs and Do Kwon for Fraud

Do Kwon, the founder of Terraform Labs, and the company have been sued by the U.S. Securities and Exchange Commission for allegedly organizing a multi-billion-dollar crypto asset securities fraud. The US SEC claimed that Kwon and Terraform offered and...

Bank of Japan Announces Pilot Program for Its CBDC

Bank of Japan Announces Pilot Program for Its CBDC

The Bank of Japan (BOJ) has announced the pilot program for the country’s Central Bank Digital Currency (CBDC), set to kick off in April 2023. Over the past two years, the BOJ has conducted tests to explore the feasibility...

FSB Pushes for Worldwide DeFi Regulation

FSB Pushes for Worldwide DeFi Regulation

The Financial Stability Board (FSB), a financial regulator supported by the Bank for International Settlements (BIS), is advocating for worldwide regulations for decentralized finance (DeFi) and has published a report on the risks it poses to financial stability.  The...

Cardano Foundation Elects New COO and CLO

Cardano Foundation Elects New COO and CLO

The Cardano Foundation has elected Andreas Pletscher as its new Chief Operating Officer (COO) and Nicolas Jacquemart as its new Chief Legal Officer (CLO). Andreas shared the news on his LinkedIn account today. Frederik Gregaard, the CEO of the...

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