Altcoin News

Hong Kong could be a ‘tailwind’ for lagging crypto activity in Asia — Chainalysis

• by admin
• October 3, 2023

Crypto activity in East Asia fell from its perch after China began its crusade against crypto in 2019. Recent moves by Hong Kong could help reverse that trend, said the blockchain analytics fir News Recent crypto advancements in Hong Kong could provide a “potential tailwind” to lift crypto activity in the East Asian region, which […]

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Fed inspector blames crypto focus, nepotism for Silvergate Bank collapse

• by admin
• October 3, 2023

An investigation into Silvergate Bank found that its collapse was brought about by a dependency on crypto deposits and “ineffective” senior management. News Crypto-friendly Silvergate Bank ultimately collapsed this year due to over-dependence on risky crypto deposits and nepotism that led to ineffective management, according to United States Federal Reserve inspectors. In a Sept. 27 […]

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CEX and DEX under a single banner: Crypto portfolio manager for security and privacy

• by admin
• October 2, 2023

This app takes a new approach to user security and privacy to eliminate the damage from hacks and exploits. Crypto users need better security and privacy when using centralized and decentralized trading platforms, and GoodCrypto provides access to both from a single interface The crypto industry has learned the importance of security the hard way. […]

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Pond0x DEX claims $100M in trading volume as critics allege it’s a scam

• by admin
• October 2, 2023

Pond0x reported that its DEX reached $100 million in cumulative volume, citing a Dune dashboard as evidence. News The Pond0X decentralized exchange (DEX) has reached more than $100 million in total trading volume, according to a Sept. 28 social media post from its official channel. Investors previously lost over $2 million in the launch of […]

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Google Cloud is now a validator on the Polygon network

• by admin
• October 1, 2023

According to Polygon, “the same infrastructure used to power YouTube and Gmail” will help secure its network. Polygon Labs announced on Sept. 29 that Google Cloud has joined the Polygon proof-of-stake network as a validator.  Google Cloud joins over 100 other validators verifying transactions on its layer-2 Ethereum network. Per a post from Polygon Labs […]

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How blockchain transforms the streaming industry via new business models

• by admin
• October 1, 2023

Web3 is set to revolutionize OTT and film, transforming passive viewing into an interactive experience by leveraging blockchain infrastructure and tokenomics. With a fusion of blockchain wizardry, cutting-edge tokenomics and top-tier security, EarnTV is on a mission to revolutionize the streaming and film industry. In an era marked by ever-expanding technologies, traditional broadcasters, including Web2 […]

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Do Kwon dismisses Slack chat records as irrelevant evidence

• by admin
• October 1, 2023

Leaked Slack conversations between Terraform Labs co-founders Do Kwon and Daniel Shin have exposed their contemplation of orchestrating fraudulent transactions. News Terraform Labs co-founder Do Kwon has contested the significance of exposed Slack messages presented as evidence. The chat involved discussing manipulating transactions to attract investors with co-founder Daniel Shin. The United States Securities and […]

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Ripple pulls back from Fortress acquisition 20 days after announcement

• by admin
• October 1, 2023

Ripple CEO Brad Garlinghouse shared the news on X, saying it will remain an investor in Fortress Trust. News Within 20 days of announcing the acquisition of Fortress Trust to allegedly expand its pool of licenses in the United States, financial technology firm Ripple is pulling out of the deal.  Ripple CEO Brad Garlinghouse made […]

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DAOs need to learn from Burning Man for mainstream adoption

• by admin
• October 1, 2023

DAOs should learn from Burning Man’s example for simplifying their missions and governance structures while keeping community members engaged. As they exist today, decentralized autonomous organizations (DAOs) will not scale to the masses.  Sure, shining examples like PleasrDAO, Uniswap DAO, Synthetix’s group of DAOs and Maker DAO exist, thriving in their respective niches. Still, none […]

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Sam Bankman-Fried’s lawyer challenges US gov’t proposed jury questions

• by admin
• October 1, 2023

Sam Bankman-Fried’s lawyer asserts that the proposed questions already insinuate his guilt in fraud and money laundering. News The lawyer representing Sam Bankman-Fried, the former CEO of the now-defunct crypto exchange FTX, has claimed that the proposed jury questions for the upcoming fraud trial will elicit biased responses. In a court filing on Sept. 29, […]