Chinese President Xi Jinping praises blockchain exec in open letter
Andrew Chi-Chih Yao, the recipient of the letter, is the chief scientist of the Conflux network and a professor at the country’s prestigious Tsinghua University.
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California Gov. Newsom vetoes crypto licensing and regulatory framework
Opposing Assembly Bill 2269, Newsom recommended a “more flexible approach” that would evolve over time while considering the safety of consumers and related costs. 410 Total views 20 Total shares Adding to the existing regulatory hurdles for the crypto ecosystems, California Governor Gavin Newsom refused to sign a bill that would establish a licensing and…

Hyperliquid DEX trading volumes cut into CEX market share: Data
Hyperliquid is one of the current bull market’s standout DeFi success stories. With daily trading volumes having reached $4 billion, the exchange has become the largest decentralized (DEX) derivatives platform, commanding nearly 60% of the market. Hyperliquid still lags far behind Binance Futures’ $50 billion daily average volume, but the trend suggests that it has

Binance exec shares details about his release from Nigerian detention
Roughly five months after returning to the United States, Tigran Gambaryan spoke to the audience at the DC Blockchain Summit on his detention in Nigeria. Tigran Gambaryan, a Binance executive who was held in Nigeria for eight months in 2024 facing tax and money laundering charges, provided additional details about his experience and what led

All-time high weekly close — 5 things to watch in Bitcoin this week
Bitcoin (BTC) simply refuses to die this week as a dip below $60,000 barely lasts an hour and bears are burned yet again.After a fairly calm weekend, Sunday saw a typical drawdown before a dramatic resurgence took place for BTC/USD just an hour later.With that, Bitcoin has preserved not only its bullish trajectory but has…

Ferrari cuts ties with crypto sponsor ahead of 2023 Formula One season
The Ferrari-Velas partnership from 2021 — set at $30 million a year — was aimed at increasing fan engagement through nonfungible tokens (NFTs) and other shared initiatives. 724 Total views 12 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as an NFTScuderia Ferrari, the racing division of luxury carmaker Ferrari, joined the growing list…

Sam Altman’s Worldcoin secures $115M for decentralized ID
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Crypto miner in Texas shuts down 99% of operations as winter storm approaches
"We are taking proactive measures to shut down operations, shed load and create additional capacity in response to ERCOT's needs should it be necessary,” said the Texas Blockchain Council on behalf of mining firms. 719 Total views 10 Total shares With Winter Storm Landon expected to hit parts of Texas this week, major crypto mining…

DeFi hype has just begun says Neo founder
DeFi is the word on everybody’s lips. 1116 Total views 18 Total shares The hype around DeFi is not fading away and is only just beginning, said Neo founder Da Hongfei, during a live stream on China’s Hub on Sept. 25.Da said DeFi created a process in just a few years that traditional finance took…