Calls to release Binance exec intensify after 6 months in Nigerian detention

Nonfungible tokens (NFTs) and the marketplaces they trade on have been the talk of the cryptoverse for a while now. Even amid the peak of the bull run, the hype for NFTs is not decreasing. It is arguable to say that the traction they are gaining is at an all-time high right now and continues…

Chainalysis offers a blockchain tracking tool to financial organizations and governments to power compliance such as money laundering investigations. To realize their full potential, cryptocurrencies unquestionably require a high trust and transparency level. Chainalysis’s objective is to build more transparent Anti-Money Laundering (AML) regulations for the crypto business to achieve these fundamentals. But, who uses…

After another sell-off earlier today, crypto markets have continued to fall, with Bitcoin (BTC) briefly dropping below the $8,200 threshold.At the time of writing, 19 out of the top 20 coins by market cap are seeing significant losses. Texos (XTZ), the 17th altcoin by market cap, is resisting the bearish movement, still trading up around…

Ethereum investors who staked millions of dollars worth of Ether (ETH) tokens to become validators on its soon-to-launch proof-of-stake (PoS) network are now facing heavy paper losses.Ether spot traders outperform stakers by 36.5%In detail, investors have locked a little over 13 million ETH into the so-called Ethereum 2.0 smart contract since it went live in…

Major cryptocurrency exchange Bitfinex is looking to launch the USDT stablecoin operated by sister firm Tether on the Lightning Network (LN), crypto news outlet The Block reported on May 31.Per the report, Bitfinex’s chief technology officer Paolo Ardoino told the outlet that the company plans to launch USDT on LN later this year. To pursue…

Jack Dorsey, the CEO of Twitter sold a tokenized representation of his first-ever tweet for more than $2.9 million on Monday. The tweet was published on March 21, 2006, and reads: just setting up my twttr— jack (@jack) March 21, 2006 A two-week bidding war between Bridge Oracle CEO Sina Estavi and tech entrepreneur Justin Sun…

The $5 million fund only allows projects with a physical presence in Southeast Asia to apply for the program which provides up to $100,000 plus technical and community support. 1770 Total views 15 Total shares Solana has turned its focus towards decentralized finance in Southeast Asia with a new $5 million development fund.The Solana Foundation…

The NPCC's Andy Gould said that the U.K. police had the capability to address illicit uses of crypto, but still faced challenges including incentives to join the private sector. 382 Total views 5 Total shares The detective chief superintendent for the United Kingdom’s National Police Chiefs’ Council has said all police forces in the country…

Investors can now hedge against interest-rate risk in a DeFi environment by trading Secured Overnight Financing Rate (SOFR) swaps. 217 Total views 1 Total shares Decentralized finance protocol Voltz now allows Avalanche users to trade interest rate swaps of the Secured Overnight Financing Rate (SOFR), a benchmark dollar rate used throughout the global economy. The new…