Nigeria has fired back at Binance Holdings’ bribe accusation, claiming it’s a distraction to shift focus away from the exchange’s actions. The statement on Wednesday followed Binance CEO Richard Teng’s blog post, where he accused a Nigerian government official of pressuring crypto representatives to accept a secret agreement. This agreement would supposedly settle claims the...
Morse code, cryptic messages, and a redesign of NEAR Protocol’s X profile have left users concerned that they have been hacked. On May 8th, NEAR Protocol’s official X handle began to post a series of cryptic tweets and messages which left the crypto community puzzled. The unusual behavior started with a 28-second-long video containing a...
Blockdaemon, a crypto infrastructure provider, said it is adding Liquid Collective’s ecosystem to its platform, this in turn will allow its developers to contribute to the ETH liquid staking protocol. In an announcement, Blockdaemon said it is supporting Liquid Staked ETH (LsETH) minting, redemption, and custody. This will mean “LsETH” will be integrated as the...
Thanks to a recent partnership, developers can build non-custodial, on-chain Web3 games and products as Telegram Mini Apps (TMAs). Inco, developers of a universal confidentiality layer for Ethereum and other networks, has announced its partnership with Privy, an embedded wallet provider that enables crypto app developers to onboard their users easily. Developers can now access...
Web3 games are having an excellent week, with Nyan Heroes, Shrapnel, and The Sandbox in the spotlight. Quite a few new developments hit the market over the past three days, including partnerships to bring TV competitions into the metaverse with special perks for players, debuting the rank mode of popular hero shooters, and simplifying in-game...
The tokenization of real-world assets (RWAs) may be the next “killer use case” for the crypto industry. Investment bank Citi released a report in March 2023 showing that the market for RWAs is projected to reach $4 trillion to $5 trillion by the year 2030. The report notes that the potential for tokenization via blockchain...
Binance is fighting back against the DWF Labs allegation against the platform on May 9. This follows an explosive report from the Wall Street Journal (WSJ) that revealed that Binance dismissed an employee who uncovered evidence of market manipulation by DWF Labs, a major market on the trading platform. According to the WSJ report, the...
Robinhood and its CEO Vlad Tenev met with the United States Securities and Exchange Commission (SEC) 16 times before the commission sent the crypto company a Wells Notice, the CEO revealed in a Wednesday interview with CNBC.“We actually came in good faith to meet with the SEC. I think we met with them 16 times...
Ethereum Co-Founder Joseph Lubin launched scathing criticisms against the Securities and Exchange Commission (SEC) on May 9, accusing the regulatory body of deliberately impeding innovation and obstructing Ethereum’s transformative potential in the banking landscape. Speaking at FT Live’s Crypto and Digital Assets summit in London, Lubin criticized the SEC’s approach, alleging that instead of fostering...
Crypto trade association Digital Chamber has slammed the US Securities and Exchange Commission (SEC) for issuing a Wells Notice to Robinhood Crypto, calling it an “alarming development.” The Digital Chamber called this as yet another instance of the regulator’s “unchecked regulatory overreach,” similar to previous ones. The SEC has previously issued Wells Notice to major...