Binance Labs invests in liquid staking platform aPriori
The deal comes amid a flurry of investment in aPriori’s native blockchain network, Monad.
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US FSC Chairman eyes regulatory clarity for crypto, stablecoin ecosystems
The upcoming FCA meeting is aimed at providing regulatory clarity for the digital asset ecosystem — cryptocurrencies, blockchain development and stablecoin payments. The Chairman of the House Financial Services Committee (FSC), Patrick McHenry, announced a markup of a few legislations, three aimed at providing regulatory clarity for the digital asset ecosystem — cryptocurrencies, blockchain development…

Two builders produce 88% of Ethereum blocks in October, raising concerns
Some analysts don’t see this as a centralization concern due to the Ethereum network’s underlying builder-proposer architecture.

Bankrupt Celsius to spend $24M from GK8 sale on legal expenses
After buying GK8 for $115 million in 2021, Celsius is selling it for $25 million, spending 96% of the sale proceeds on legal fees. 201 Total views 1 Total shares Bankrupt cryptocurrency lending firm Celsius has requested the court to grant relief in the motion related to the distribution of funds from its sale of…

Stellar expands reach in Latin America with $3M investment in Settle Network
The fourth investment of the year from the Stellar Development Foundation has gone into Settle Network, a Latin American stablecoin and payments provider. 1055 Total views 10 Total shares The Stellar Development Foundation has invested Settle Network, the largest digital assets settlement network in the Latin American region.It marks the fourth investment this year from…

Russian Intellectual Property Court Trials Blockchain to Store Copyright Data
A Russian court dedicated to intellectual property cases has successfully tested a blockchain network for storing copyright data. The technology was reportedly used for the first time in the judicial area in Russia, major Russian news agency TASS writes Monday, Dec. 3.According to TASS, the court recorded a change in a group of right holders,…

Crypto mixer sanctioned by US Treasury for role in Axie Infinity hack
The crypto mixer is said to have processed $20.5 million out of the $620 million taken by North Korean Lazarus Group hackers. 595 Total views 41 Total shares The United States Treasury Department Office of Foreign Assets Control (OFAC) announced Friday that it was sanctioning cryptocurrency mixer Blender.io for its role in laundering proceeds from…

Blockchain Retains Nominal Role in Cleveland Tech Hub
Tower City Center, which was purported to become a blockchain hub in Ohio, is now slated to become an entrepreneurial center.According to a report by cleveland.com on July 1, the Tower City shopping mall had been struggling financially, and was thought to be receiving an overhaul as a Cleveland-based blockchain center at some point.However, Blockchain…

BIS Report Finds Strong Link Between Crypto Prices and Regulators’ Actions
A new report published by the Bank for International Settlements (BIS) has found a strong correlation between crypto prices and news of regulators’ interventions.According to the report published September 23 by BIS – an organization based in Switzerland made up of 60 of the world’s central banks – cryptocurrencies retain close links to news of…