FBI reports saving victims $285M from crypto scams

Early adopters in the cryptocurrency market have once again been rewarded for their bravery and exploration after the popular Ethereum Name Service protocol, which issues nonfungible tokens that double as Ethereum addresses and web domains, distributed an airdrop for its new ENS decentralized autonomous organization (DAO) token. The resulting airdrop translated to an instant five-figure…

Borrowers in the U.S. can now get funds with a DeFi-powered Visa card by Swipe. Swipe, a Binance-owned cryptocurrency debit card provider, is expanding its offering with a new crypto Visa card that allows users to borrow funds using blockchain technology.Dubbed the “LendFi Visa Card,” the new product deploys major decentralized finance protocols to provide…

Last week Axie Infinity's AXS token went on an impressive parabolic run and hit a new all-time high at $19.60. Small Love Potion (SLP), a token in the Axie Infinity (AXS) ecosystem that is minted through gameplay as a reward to users, also broke out with a triple digit gain. SLP can then be used as…

Albania passes new comprehensive law written by the Minister of Finance and Economy to regulate crypto activities. 2706 Total views 70 Total shares Albania’s Parliament signed a bill into law on May 21 plenary session a legal framework for cryptocurrencies.The law, "On Financial Markets Based on the Technology of Distributed Ledgers," first appeared before the…

Glassnode data demonstrates that the Lightning Network outcompetes traditional payment networks in terms of commission costs. 444 Total views 3 Total shares Own this piece of history Collect this article as an NFTFresh data from Glassnode demonstrates that Bitcoin's (BTC) Lightning Network is significantly cheaper to use than legacy payment networks. The median fee rate,…

Celer Network will develop its layer-2 solutions for Polkadot, an upcoming blockchain network developed by Web3 Foundation and supported by Parity Technologies. The sidechain scaling solution is positioned to improve performance beyond what is possible with layer one scaling.As announced on Feb. 20, Celer Network and the Web3 Foundation have partnered to port Celer’s State…