Solana gaming studio Mirror World raises $12M in funding
The firm’s Sonic protocol, launched in March, is the first gaming rollup on Solana that allows developers to create SVM chains for their GameFi projects.
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FTX collapse, Binance’s US settlement provide strong case for MiCA regulations
The collapse of FTX in 2022 and Binance’s recent $4.3-billion settlement with United States authorities provide a strong argument for the provisions of the European Union’s Markets in Crypto-Assets (MiCA) legislation, a European Commission official said in an interview.Ivan Keller, policy officer for the European Commission, spoke to Cointelegraph at the MoneyLIVE conference in Amsterdam.
Crypto donations amplify speed and global reach during crisis
Donations made in cryptocurrencies are proving to be a fast and far-reaching means of providing financial aid during times of crisis, according to multiple industry players.This has proven to be the case after devastating earthquakes hit parts of Turkey and Syria in February. Blockchain analytics firm Chainalysis estimates that around $5.9 million of donations have been made…
Raise a PINT to Polkadot’s new index token: Six top projects sign up
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Stellar’s Blockchain Briefly Goes Offline, Confirming the Project Lacks Decentralization
Recently, blockchain-powered network Stellar stopped confirming transactions for more than one hour, effectively going offline.Although no money was reportedly lost as a result, Stellar’s major issue has now been highlighted publicly: The project is not decentralized, at least not to the extent expected at this point. Notably, the offline scenario was predicted by researchers earlier…
Toncoin open interest surges 32% following Pavel Durov’s arrest
Toncoin’s price sharply declined following the news that Pavel Durov had been arrested, and future traders saw it as an opportunity, with open interest surging 32%.
Things to know (and fear) about new IRS crypto tax reporting
The Infrastructure Investment and Jobs Act (H.R. 3684) put crypto in the crosshairs, where Congress and the Internal Revenue Service (IRS) hope to scoop up enormous tax dollars. This reporting regime is projected to rake in an astounding $28 billion over the next ten years. No other provision in this massive recently enacted federal law…
Ethereum analytics firm Nansen acquires DeFi tracker Ape Board
Blockchain analytics firm Nansen to launch a new portfolio tracker integrated with the rest of its features with the new acquisition. 159 Total views 10 Total shares Major Ethereum blockchain analytics platform Nansen continues scaling its operations by acquiring a cross-chain decentralized finance (DeFi) tracker.Nansen has acquired the multi-chain portfolio tracker Ape Board in an…
FTX CEO weighs in on Bitcoin market outlook amid Ukraine crisis
Bitcoin’s correlation with the U.S. equity market could be one reason for its current decline, but Eastern European money destabilization could push BTC as “crisis” hedge. 1007 Total views 15 Total shares The world woke up to a “sea of red” which was not necessarily limited to the financial markets, as Russia declared war on…