Binance Labs invests in ARKM, the native token of Arkham platform

Binance Labs, the venture capital arm and incubator arm of Binance, said on Nov. 15 that it has invested in Arkham (ARKM), the native token of the “deanonymizing” blockchain platform Arkham.The company said in a blog post on the website that the investment aims to support “on-cha ...

Blockchain improves charity transparency — But is it right for everyone?

In 2021, the Australian branch of the Red Cross received $90 million to aid the victims of the bushfires that plagued various regions of New South Wales and Victoria. However, the organization soon came under fire for its lack of transparency when it revealed that it would only distri ...

Hong Kong Regulators Enhance Cryptocurrency Industry Oversight Post-JPEX Scandal

The JPEX cryptocurrency exchange scandal in Hong Kong has prompted regulatory authorities to take action to enhance transparency and oversight in the cryptocurrency industry. The Securities and Futures Commission (SFC) has announced plans to publicly disclose various lists related to virtual asset t ...

Crypto Exchange Faces Legal Threat After Ceasing Communication with GPT Guru Team

Opinion: Is this exchange the next FTX? The blockchain industry has been revolutionary, to say the least. In the last three years, the crypto market has affected and changed lives positively — mine included. And this is ...

AMPTP Proposal Addresses AI Usage and Data Transparency in Entertainment Industry

The Alliance of Motion Picture and Television Producers (AMPTP) released details of its proposal for striking actors and writers on Aug.22, which included standards for the entertainment industry surrounding the usage of artificial intelligence (AI) and data transparency. Under the proposed condi ...

Major Financial Institutions Developing Cryptocurrency Trading Platforms: Report

The Financial Times reports that major traditional financial institutions, including Standard Chartered, Nomura and Charles Schwab, are developing their own cryptocurrency trading platforms. It certainly makes sense for Wall Street giants to launch their own cryptocurrency ...

Binance Investigations and Law Enforcement Team Up to Seize $4.4 Million Linked to North Korean Hackers

This is the coordinated work of the police and Binance Investigations The funds belonged to hackers from North Korea We recently wrote that the U.S. Treasury Department discovered and froze Binance cryptocurrencies linked to hackers from North Korea. Now the case ...

Black Dot and Cryptocurrency Exchange Advocate for Restoring Access to UPI for Indian Crypto Companies

Consulting firm Black Dot and an unnamed cryptocurrency exchange have asked the Central Bank of India to restore access for cryptocurrency companies to the national Union Payments Interface (UPI) payment system. Last year, Indian cryptocurrency trading platforms CoinSwitc ...

DigitalX and TAF Capital Exchange eAUD for USDC via Canvas Blockchain Infrastructure

Blockchain infrastructure provider Canvas announced that cryptocurrency fund managers DigitalX and TAF Capital have successfully exchanged the digital Australian dollar (eAUD) for the USDC stabelcoin. eAUD was launched by the Reserve Bank of Australia (RBA) together with ...

Bitget Quarterly Report Reveals Impressive Growth in Q1 2023

Crypto exchange Bitget published its quarterly report, which outlines the company's achievements and successes in the first quarter. Bitget increased its staff by 30% and the number of BGB token holders by 146%. ...

European Council Harmonizes Legislation on Crypto-Asset Market Regulation in the EU

On Tuesday, May 16, the European Council completed the procedure for harmonizing legislation on the regulation of the crypto-assets market in the EU. Finance ministers from the 27 countries that make up the European Union have unanimously supported the draft law on regula ...

Court Denies SEC’s Motion to Keep William Hinman’s Speech Drafts Confidential in Ripple Case

The court denied the SEC's motion to keep the drafts of William Hinman's speech on air status confidential. Judge Analisa Torres ruled that materials related to former SEC director of corporate finance William Hinman's June 2018 speech cannot be excluded from public access. ...

Ripple vs. SEC: Legal Battle Over Cryptocurrency Classification

It's about SEC member Hinman's documents He didn't recognize cryptocurrencies as securities a couple of years ago And so Ripple and other cryptocurrency companies aren't breaking the law A federal judge denied the SEC's motion to shut down Hinman's do ...

Tether Reports Record Profits and Transparency in First Quarter 2023

Bank deposits are down more than 90% Tether added gold and BTC to its asset reserves for the first time Tether released an analysis of its first quarter 2023 report. Tether posted record net income of $1.48 billion in the first quarter, raising its reserve surplu ...

Empower Oversight Sues SEC for Lack of Cryptocurrency Rule Clarity

Empower Oversight has sued the U.S. Securities and Exchange Commission (SEC) for refusing to clarify rules for cryptocurrencies. This, according to the public, violates the Freedom of Information Act (FOIA). Empower Oversight filed ...

Ernst&Young Launches Blockchain-based Platform for Carbon Emissions Tracking

British accounting firm Ernst&Young (EY) has launched a beta version of an Etherium blockchain-based platform that businesses can use to track their carbon emissions. Ernst&Young said the EY OpsChain ESG platform is now available in beta on the EY Blockchain SaaS ...

Former SEC Official Claims Cryptocurrencies are Failing as an Investment Asset

Колишній співробітник правоохоронних органів SEC Джон Рід Старк назвав кілька причин, чому він вважає, що криптовалюти зазнають краху як актив для інвестицій. ...

Benefits and Risks of Blockchain for Municipalities According to Moody’s

According to analysts from Moody's rating agency, implementation of blockchain technology can bring a multitude of benefits for local authorities, including the ability to issue bonds and streamline budget operations. These benefits may even result in cost reductions of up to 35% for US municipal ...