Australian regulator claims 58% of crypto ads on Facebook are scams

BNB Chain had the largest number of incidents in the quarter, while Ethereum had the biggest amount lost. 626 Total views 16 Total shares Own this piece of history Collect this article as an NFTHackers were able to gain access to more than $320 million just in the first quarter of 2023, according to on-chain…

The wild ride of 2020 continues. 1429 Total views 16 Total shares After what has been a crazy year in almost every sense of the word, businesses are left wondering how to proceed, Ripple Labs CEO Brad Garlinghouse said.  "The pandemic is throwing so many playbooks out the window," he posited in an Aug. 28 tweet.…

Prominent Ethereum development firms have rolled out varying zero-knowledge scaling solutions that drive healthy competition in the ecosystem. 266 Total views 1 Total shares An environment of healthy competition is being fostered between the Ethereum ecosystem’s top development firms building zero-knowledge Ethereum Virtual Machines (zkEVMs) to scale the network, according to one of Polygon’s co-founders.Jordi…

Institutional spot Bitcoin ETF outflows and lowered Bitcoin miner profitability could be driving the current price drop

With liquidity drying up in the wake of CeFi contagion, borrowers are turning to decentralized finance for their credit needs. 65 Total views 1 Total shares Netherlands-based crypto investment firm Maven 11 has launched its third lending pool on Maple Finance, giving borrowers access to liquidity amid the bear market.The $30 million pool financed by…

Cannabis users in the state may soon be able to pay for their green without cash. 1505 Total views 12 Total shares Digital asset market data firm Brave New Coin may soon be helping Nevada residents buy marijuana using crypto.According to Brave New Coin, blockchain firm Multichain Ventures will be using the company’s data and…

The Venezuelan army turns to crypto mining as the country's economy collapses. 2125 Total views 21 Total shares The regime of Nicolás Maduro continues to lean on crypto to keep economically solvent.Via Instagram, an engineering brigade of the Venezuelan army inaugurated the new "Digital Assets Production Center of the Bolivarian Army of Venezuela." As the…

People have talked in glowing tones about the transformative properties of blockchain since Satoshi Nakamoto launched Bitcoin (BTC) back in 2009 — books have been written, thousands of panels and presentations have complemented its prospects, costumed Bitcoin maximalists have flaunted their newfound wealth. Despite these commendations, the transformation has been slow.However, whether the delay was…

Effective regulations are one of the key gateways to cryptocurrency’s mainstream adoption. Due to greater compliance, crypto businesses saw broader acceptance from regulators worldwide. While the crypto ecosystem was awarded countless operational licenses and exposure to new markets, the fall of Terraform Labs, FTX and Celsius, among others, had a negative impact on the industry's…