Kamala Harris campaign may focus on highlighting innovation over crypto
Many in the industry don’t expect the Vice President to mention digital assets at the DNC, but her views on technology and regulation could signal a shift from Biden-era policies.
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Cardano stablecoin project gambled away investors’ money before rug: Report
In 2021, Ardana Labs claimed it would provide an innovative stablecoin platform for the Cardano network. The new project, called “Ardana,” would allow investors to lock up crypto collateral and mint fiat-pegged stablecoins, including a U.S. dollar-based token called dUSD. It raised $10 million from investors that year, but it suddenly closed up shop in
Here’s why DinoSwap’s (DINO) TVL rose above $330M a week after launch
Decentralized finance (DeFi) remains one of the fastest-growing subsectors of the cryptocurrency ecosystem and newly launched platforms looking to grow their userbase and attract liquidity typically offer high-interest staking pools for the first few weeks after launching. One new project that has steadily gained traction in terms of user growth and total value locked (TVL) since farming…
Crypto.com moves forward with multimillion-dollar renovation of Staples Center following staff cuts
"Brave of them... maybe fortune favor them," said one Redditor in response to an artist's rendering of the renovations. 238 Total views 5 Total shares Despite announcing it would cut its staff by roughly 5% in June and the recent market downturn, cryptocurrency exchange Crypto.com has continued to move forward with an agreement to rebrand…
FINRA Charges Broker With Fraud for Trading Unregistered Cryptocurrency
The U.S. Financial Industry Regulatory Authority (FINRA) has filed a complaint against Timothy Tilton Ayre, charging him with securities fraud and the illegal distribution of an unregistered cryptocurrency, according to a statement released on FINRA’s website Tuesday, September 11.In the complaint, FINRA, overseen by the U.S. Securities and Exchange Commission (SEC), states that Massachusetts-based Ayre…
SEC fines NYSE parent company $10M for failing to report cyberattack
The Intercontinental Exchange will pay a penalty for failing to timely inform a cyber intrusion. The enforcement action affected several ICE subsidiaries, including the New York Stock Exchange.
Canada’s DMG Blockchain Puts 85 Megawatt Crypto Mining Facility Into Operation
Canadian blockchain and cryptocurrency company DMG Blockchain Solutions Inc. has energized its new crypto mining facility, according to an announcement published Nov. 8. DMG states that the facility will start at 60 megawatts, and can expand its capacity up to 85 megawatts.DMG Blockchain Solutions initially revealed its plans to launch the station in July, stating…
Bangladesh to get its first blockchain remittance service
Standard Chartered Bank has launched the first remittance service in Bangladesh. The South Asian nation of Bangladesh will soon get its first blockchain remittance system that will allow Bangladeshi expats in Malaysia to instantly transfer wage remittances to their home country.According to a report from The Business Standard, the British national banking service firm Standard…