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...
Consensys’s Layer 2 network, Linea, has announced the creation of the Linea Association, an independent Swiss non-profit, to foster the network’s growth, development, and decentralized governance. According to the project’s press release, this move marks a significant step towards...
Thai authorities have dismantled nine illegal Bitcoin mining operations, arresting two individuals in electricity theft worth over $280,000. The crackdown, reported by The Straits Times, highlights ongoing efforts to curb illicit cryptocurrency activities in the country. The operation in...
Daren Li could face a maximum of 20 years in a United States prison after pleading guilty to laundering millions in stolen funds through cryptocurrency scams. According to a plea deal filed on November 11 in a U.S. federal...
The Italian government is reportedly reviewing its substantial 42% tax on crypto gains, with sources suggesting a possible revision. A recent Bloomberg report indicates that the government may approve a proposal from one of its coalition partners to lower...
DeFi lending protocol DeltaPrime has issued an ultimatum to the perpetrators of its recent $4.8 million hack. In a November 13 X post, the protocol’s co-founder, Gavin Hasselbaink, warned that legal action will be taken if the attacker fails...
United States prosecutors are pushing to seize nearly $18.5 million worth of cryptocurrencies linked to alleged bribes paid by FTX co-founder Sam Bankman-Fried to Chinese officials. A November 12 court filing in the New York District Court alleges that...
A recent survey by the Federal Deposit Insurance Corporation (FDIC) reveals that in 2023, cryptocurrency usage was significantly more prevalent among underbanked households compared to fully banked households in the U.S. The FDIC's report published on November 12 surveyed...
