Browsing:Crypto

Robinhood announced Robinhood Connect
1 year ago 1 min read

Robinhood Launches New Feature Allowing External Crypto Wallet Access

On April 27, Robinhood, the popular trading platform, announced a new feature called Robinhood Connect that will allow users to access its cryptocurrency features from external applications. This feature will first be added to two crypto wallets, Phantom and Exodus, with plans to expand to other applications in the future. According to Robinhood’s official press release, users will be able to fund their Web3 wallets without logging into their Robinhood Crypto account. This means that customers can access their Robinhood credentials and bypass additional steps. The Connect feature is expected to allow users to trade assets through Robinhood’s cryptocurrency exchange,

Creditors of Celsius Network LLC are seeking the assistance of a bankruptcy judge
1 year ago 1 min read

Celsius Network Requests Subpoena of FTX in Alleged Crypto Trading Scandal

Creditors of Celsius Network LLC are seeking the assistance of a bankruptcy judge to uncover the identities of FTX users involved in “questionable cryptocurrency transactions” that may have impacted the value of Celsius’ proprietary token. In a recent court filing, the creditors requested subpoenas to obtain information on 10 cryptocurrency wallets associated with suspicious trades of Celsius’ CEL coin. These trades were executed when the platform halted withdrawals and before filing for Chapter 11 bankruptcy. The creditors believe that obtaining information on the users involved in the trades is crucial to investigating if they manipulated the price of CEL, causing

The allegations stem from ten cryptocurrency wallets allegedly involved in suspicious trades of Celsius’ native token
1 year ago 2 mins read

Celsius Creditors Seek to Uncover FTX Users Involved in Crypto Trading Controversy

Celsius Network, a well-known cryptocurrency lending platform, is currently facing allegations of market manipulation by its creditors. The allegations stem from ten cryptocurrency wallets allegedly involved in suspicious trades of Celsius’ native token, CEL, between April and August of 2022. A committee representing Celsius creditors has requested a bankruptcy judge to subpoena FTX for information that could help identify users behind these wallets. The creditors suspect that these FTX users may have manipulated the price of CEL through these trades, which could have serious legal consequences. The committee has hired blockchain consultant Elementus Inc. to investigate the matter and determine

Merlin and CertiK to Pay $2M in Compensation to Rugpull Victims
1 year ago 1 min read

Merlin and CertiK to Compensate Users $2M Following Rugpull

zkSync-based decentralized exchange Merlin is planning to compensate users impacted in a nearly $2 million rugpull with blockchain audit firm CertiK, according to a statement from CertiK. The rugpull, a type of exit scam, occurred during a public sale of Merlin’s mage tokens, resulting in a significant loss of user funds. A liquidity pool was launched for the new token and paired with a base token such as ether or a stablecoin like dai. CertiK is actively investigating the incident and plans to work closely with the Merlin team to initiate a compensation plan to cover the lost funds for

Hong Kong will release guidelines on its licensing regime for crypto
1 year ago 1 min read

Hong Kong Authorities Set to Release Guidelines for Crypto Exchange Licenses

Hong Kong is set to become a more promising destination for crypto enthusiasts with the impending release of regulatory guidelines for crypto exchange licenses. According to a Bloomberg report, Hong Kong’s Securities and Futures Commission (SFC) will release guidelines on its licensing regime for crypto exchanges by the end of May. SFC CEO Julia Leung revealed the news at an undisclosed event and stated that the regulatory framework had received more than 150 responses during the consultation process. The guidelines are part of the SFC’s efforts to balance investor protection and market development. The move toward a more crypto-friendly regime

English and Welsh charities are being offered new guidance on accepting cryptocurrency donations
1 year ago 1 min read

UK Charities Embrace Cryptocurrency Donations with Expert Guidance

English and Welsh charities are being offered new guidance on accepting cryptocurrency donations, but they must also comply with tax and money-laundering regulations, according to the Charity Commission. In guidance published on Wednesday, the regulator warned charities that digital assets like bitcoin or non-fungible tokens (NFTs) can be volatile, susceptible to hacking, and hard to trace. The Charity Commission urged charities to carefully consider whether it is worth accepting cryptocurrency donations and to keep accurate records of all transactions. Helen Stephenson, the Commission’s CEO, emphasized the risks involved in the use of cryptocurrency and advised trustees to exercise caution. In

Tickets for Japan’s Largest NFT Conference, Non Fungible Tokyo, Go on Sale
1 year ago 2 mins read

Tickets for Japan’s Largest NFT Conference, Non-Fungible Tokyo, Go on Sale

Tokyo, Japan, April 26th, 2023 The first tickets for Non-Fungible Tokyo 2023 have gone on sale. The event, the largest of its kind in Japan, will be held on Thursday, June 22 2023 and tickets are now available to the general public via Eventbrite and Moongate. The one-day event will be hosted at Tokyo International Forum Hall Hall B7 and features a host of luminaries from Japan’s budding NFT and web3 industry. Limit Break CEO Gabriel Leydon will be speaking as well as The Sandbox COO and Co-Founder Sebastien Borget. Other speakers confirmed for the conference are Sky Mavis Co-Founder

Solana's ChatGPT Plugin Launch Sends SOL Price Skyrocketing
1 year ago 1 min read

Solana’s Latest Integration with ChatGPT Sends SOL Price Soaring

Solana has recently announced its latest achievement, the creation of an open-source reference implementation for a ChatGPT plugin that allows users to interact with the Solana network directly from OpenAI’s ChatGPT. This marks Solana’s entry into the world of artificial intelligence (AI) and aims to enhance user experience on the network. The plugin allows users to check wallet balances, transfer Solana-native tokens, and buy non-fungible tokens (NFTs), as well as enabling developers to build AI-powered applications on the Solana network. The announcement comes two weeks after Solana unveiled its crypto-first ‘Saga’ Android phone, which will be available for purchase from

Ripple Seeks Innovative Financial Projects in Open Call
1 year ago 2 mins read

Ripple Invites Web3 Developers to Create Financial Projects

The XRP Ledger Grants Program has announced its sixth wave, offering a golden opportunity for developers worldwide to create innovative financial projects on the XRP Ledger (XRPL). The program seeks projects that address financial inequities, streamline traditional financial processes, and provide new use cases for the XRPL. The deadline for applications is set for June 18, 2023. The Grants Program welcomes applications for various projects such as applications, services, tools, and middleware that tackle financial use cases like financial equity and inclusion, decentralized finance, data and indexing, payments, e-commerce, merchant tooling and integration, tokenization, decentralized compliance and security, interoperability, developer

$200 Million Vanishes as BTC Dips to $27,000
1 year ago 1 min read

Bitcoin’s Sudden Drop Wipes Out $200 Million in Value

The cryptocurrency market took a sudden turn for the worse as Bitcoin (BTC) plummeted from $30,000 to $27,000 in less than an hour, leaving close to $200 million in liquidated leveraged positions in the past hour alone. While the bulls may have celebrated too early, it appears the bears have once again taken control. According to recent reports, upwards of 90% of the liquidations in the past hour were longs, accounting for more than $157 million. Binance and OKX account for the majority of the volume, with 97% of the liquidations on Binance being leveraged long positions. At the time

Space and Time’s Data Warehouse Launches to Power Applications in a Verify-Everything World
1 year ago 5 mins read

Space and Time’s Data Warehouse Launches to Power Applications in a Verify-Everything World

Austin, United States, April 26th, 2023 Space and Time, a leader in decentralized data, today announces the beta release of its data warehouse and developer suite. Space and Time allows developers to leverage provable computation against on-chain and off-chain data to power dapps, smart contracts and verifiable AI models. As AI becomes increasingly integrated in modern business applications and processes, the Space and Time data warehouse aims to ensure that AI models are trained on accurate, verifiable, tamperproof data. To participate in the Space and Time beta, sign up through this link: https://www.spaceandtime.io/access-beta Space and Time is a decentralized hybrid (HTAP)

BitClout 2.0 Announced as Next Stock Market for People
1 year ago 4 mins read

BitClout 2.0 Announced as Next Stock Market for People

Los Angeles, USA, April 26th, 2023 Today, an exciting announcement was made on decentralized social app Diamond that Bitclout 2.0, the highly-anticipated follow-up to 2021’s viral sensation that took the crypto world by storm, has been revealed by the infamous @diamondhands. Bitclout 2.0 aims to build upon the success of the original by introducing several new products and features, effectively turning reputation into an asset class on par with what NFTs are today. BitClout 2.0 is expected to launch with a sophisticated airdrop after the DeSo blockchain’s transition to its new Revolution Proof of Stake consensus mechanism is complete. The white paper for BitClout 2.0 can be accessed at bitclout2.deso.com,

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