Ethereum co-founder Vitalik Buterin has proposed a new strategy to enhance user privacy on the Ethereum network without significant changes to its core infrastructure. In an April 11 post on the Ethereum Magicians forum, he outlined ways for wallets and developers to integrate privacy tools, such as Railgun and privacy ...
Standard Chartered and OKX have launched the Collateral Mirroring Program to enhance institutional investors' trading experience in the cryptocurrency market. This program addresses the complexities and costs of managing collateral across multiple platforms. This can be a significant hurdle for investors seeking to benefit from high returns and diversification in ...
MEXC has solidified its position as one of the top three global centralized exchanges (CEXs), with impressive net monthly inflows of $1.79 billion in March, marking a 12.4% increase from the previous month. Despite a broader market slowdown, the Seychelles-based exchange has maintained robust momentum, attracting $77.5 million in net ...
Brazil's central bank digital currency (CBDC), Drex, is encountering significant hurdles regarding privacy as it approaches its anticipated launch in late 2024. Recent reports indicate waning support from external partners, exacerbating concerns about the platform's ability to maintain user privacy. Drex aims to streamline financial transactions and enhance financial inclusion ...
Japan's Financial Services Agency (FSA) has released a discussion paper proposing a new regulatory framework for digital assets, titled "Verification of the State of the System Related to Crypto Assets." The paper suggests classifying cryptocurrencies into two categories based on fund distribution. The FSA seeks public feedback on the proposal ...
MoonPay, a leading provider of cryptocurrency payment infrastructure, has unveiled MoonPay Labs, an accelerator program aimed at supporting early-stage Web3 startups. The initiative will provide pre-seed and seed-stage technical teams with capital, product support, and growth strategies. MoonPay Labs will operate on an evergreen model, selecting up to five startups ...
Meanwhile, a pioneering crypto insurance company has raised $40 million in a Series A funding round. This investment, led by Framework Ventures and Fulgur Ventures, with participation from Wences Casares, founder of crypto bank Xapo, values Meanwhile at $190 million—nearly doubling its valuation from the previous funding round in 2022. ...
Ripple has announced its acquisition of Hidden Road, a global prime brokerage firm, for $1.25 billion. This deal marks one of the largest transactions in the digital assets space and positions Ripple as the first crypto company to own and operate a multi-asset prime broker. Hidden Road, known for its ...
Ukraine is making significant strides in regulating cryptocurrency taxation, with the National Securities and Stock Market Commission (NSSMC) unveiling a comprehensive taxation framework for virtual assets. This move aims to align Ukraine’s financial system with global standards for digital assets, marking a critical step towards formalizing cryptocurrency regulations in the ...
SourceForge, a popular open-source software development platform, distributes malicious cryptocurrency mining tools disguised as Microsoft Office packages. This campaign, uncovered by researchers at Kaspersky, targets users by creating fake project pages that mimic legitimate software downloads, ultimately leading to the installation of crypto miners and clipboard hijackers. The attackers set ...
