Pennsylvania House of Representatives passes pro-crypto bill

Spring is here and with it came a new found awakening for nonfungible tokens (NFTs). In the last week of March, total sales volume rallied to $20 billion, but this metric took a dive from mid April to $17.6 billion. However, on April 16, the newly landed Moonbirds NFT, pumped over $280 million worth of liquidity…

United States-based cryptocurrency exchange Kraken is expanding its team with new high level hires, according to the company’s blog post published on March 7.In the post, Kraken announced five new appointments to its team. The new appointments will see Matt Mason as Chief Marketing Officer, Steve Hunt as Vice-President of Engineering, Nelson Minier as Head…

Embattled Canadian cryptocurrency exchange QuadrigaCX reportedly never had the $190 million in Bitcoin (BTC) it supposedly lost access to when its CEO unexpectedly died, new research claimed on Feb. 5.The report, published on cryptocurrency portal Zerononcense Blog, makes several claims about the true state of QuadrigaCX’s Bitcoin holdings, all of which contradict official statements.QuadrigaCX has…

An ongoing ransomware attack targets the public services infrastructure of Weiz. 1255 Total views 41 Total shares Malware team, NetWalker, launched a ransomware attack against the Austrian village of Weiz. This attack affected the public service system and leaked some of the stolen data from building applications and inspections.According to the cybersecurity firm, Panda Security,…

United States-based crypto exchange Gemini announced on April 21 the upcoming launch of a derivatives platform outside the U.S. The move comes amid a tightening and uncertain regulatory environment for crypto firms in the country. Dubbed Gemini Foundation, the offshore division will offer services to users based in Singapore, Hong Kong, India, Argentina, Bahamas, Bermuda, British…

The company continues its fight against the SEC’s position on crypto staking. 769 Total views 27 Total shares Own this piece of history Collect this article as an NFTUnited States-based crypto exchange Coinbase decided to communicate proactively on crypto staking, which had recently attracted regulators’ attention. The company’s petition to the Securities and Exchange Commission…

Binance's NFT marketplace is introducing its NFT Subscription Mechanism, a new feature that claims to give buyers a fair shake. 146 Total views 11 Total shares Due to the rise in demand, it’s increasingly harder to purchase nonfungible tokens (NFTs) on their initial launch. Because of the limited supply, and high demand, some NFT drops…

CFTC chair Rostin Behnam spoke at a webinar about how the agency, even lacking broad authority, is trying to keep up with rapid developments in financial technology. 86 Total views 14 Total shares The United States Commodity Futures Trading Commission (CFTC), the regulatory agency that shares the main crypto regulatory responsibility with the Securities Exchange…