MetaMask unveils new toolkit to streamline Web3, user onboarding
Consensys introduces a game-changing toolkit at EthCC, streamlining decentralized app development and enhancing Web3 user engagement.
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Bitcoin.com to introduce Bitcoiners to decentralized finance: KBW 2022
Corbin Fraser, an executive at Bitcoin.com, told Cointelegraph that they are also planning to release a prepaid debit card that rewards users with crypto. 243 Total views 12 Total shares Crypto platform Bitcoin.com is looking to expand its ecosystem by introducing Bitcoin (BTC) holders to the world of decentralized finance (DeFi) and implementing new services…

New Synthetix app chain aims for cross-chain liquidity for SNX staking, perps
Competition is mounting among DeFi derivatives protocols after Synthetix launched on Arbitrum in July.

Thai regulators team up to issue guidelines on digital assets payments
The joint committee of BOT, SEC and MOF believes the current payment infrastructure is efficient and digital assets would add no extra benefits. 60 Total views 31 Total shares The Bank of Thailand (BOT), the Securities and Exchange Commission (SEC) and the Ministry of Finance (MOF) have come together to review and issue guidelines on…

BaFin Orders Gold-Backed Token Issuer to Cease-and-Desist Order
The German Federal Financial Supervisory Authority (BaFin) has issued a cease and desist order to Karatbit Foundation to immediately stop unauthorized business in Germany. BaFin alleges that Karatbit Foundation is issuing the KaratGoldCoin (KBC) without the necessary license, according to a Nov. 11 announcement.Karatbit describes itself as a provider of a blockchain-based payment system that enables…

Ripple gets in-principle nod for digital asset services in Singapore
Ripple says the "in principle" approval will help scale its "On-Demand Liquidity," the service it uses to source XRP liquidity to customers. 677 Total views 4 Total shares Blockchain-based payments firm Ripple has obtained in-principle regulatory approval from Singapore’s financial regulator to offer digital asset payments and token products in the city-state.Ripple confirmed the approval…

Ethereum season? ETH options traders are placing big bets for June
The price of Ethereum (ETH) is continuing to rally, reaching $2,000 on April 2 on the back of strong technical momentum following a high-profile announcement from Visa.As Cointelegraph previously reported on March 29, Visa will allow its partners to use USDC on the Ethereum blockchain network to settle transactions.ETH futures total open interest. Source: Bybt.comSince then,…

Blockchain Development Firm Raises Nearly $28M in Funding
Blockchain technology firm LayerX raised nearly $28 million to further blockchain adoption. 1560 Total views 45 Total shares Blockchain technology firm, LayerX, has raised about 3 billion yen (equivalent to nearly $28 million) to further blockchain adoption.The Japanese version of Cointelegraph reported on May 28 that LayerX raised the funds from venture capital firms JAFCO,…

Gensler testimony – crypto enforcement actions driven by “wide-ranging noncompliance”
SEC chair Gary Gensler is set to highlight a new focus on AI, predictive data analytics and the cryptocurrency sector before the U.S. financial services committee. 118 Total views 2 Total shares The U.S. House Financial Services Committee will hear how the Securities and Exchange Commission (SEC) is changing its oversight and rules to keep