Trump’s WLF bags over $100M in crypto tokens on inauguration day
World Liberty Financial, a DeFi platform associated with US President Donald Trump, purchased over $100 million in crypto tokens within just a few hours on Jan. 20.
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‘Active Scam’: MetaMask Adds Optional Block of Top Ethereum Decentralized App
Cryptocurrency wallet and Ethereum decentralized app (DApp) extension MetaMask has blocked the most popular DApp for Ethereum, 333ETH. The Next Web reported on the block Friday, September 28.333ETH promises “lifelong” payouts of Ether (ETH) to investors’ wallets via smart contracts upon an initial down payment. The latest in a series of popular Ethereum DApps to…
Valour launches first ETP for Near Protocol’s native token
The exchange-traded product will be available on Sweden’s Spotlight Stock Market.
European Commission aims for universal acceptance with digital euro proposal
With this move, the European Commission aims to open up the payments market controlled by banks, Visa and Mastercard. On June 28, the European Commission announced it had proposed a legislative plan for a digital euro, aiming to make it a widely accepted and easily accessible form of payment.The announcement emphasized that allowing individuals to obtain…
ECB President Mario Draghi: Cryptos Are Not Currencies, They Are Very Risky Assets
European Central Bank (ECB) president Mario Draghi said that cryptocurrencies are not real currencies during the ECB Youth Dialogue meeting with the winners of the Generation €uro Students’ Award, as Cointelegraph Italia reported on May 9.During the meeting, Draghi answered a question about cryptocurrencies asked by one of the winners of the award:“Cryptocurrencies or bitcoins,…
Largest South Korean Telecom Company Issues Blockchain-Based Local Currency in Busan
South Korea’s biggest telecom company, KT, just announced the launch of a local blockchain-based currency for one of the country’s largest cities, which will reportedly go live on Dec. 30. Local news outlet dongA reported on Dec. 19:“Dongbaekjeon is a blockchain-based card-type local currency issued by Busan City to revitalize Busan's local economy and ease the…
Libertarian Party Gubernatorial Campaign to Accept BTC Despite Unclear Legal Framework
The Libertarian Party candidate for Wisconsin governor will accept Bitcoin (BTC) donations despite the state’s Ethics Commission’s finding them a “serious challenge” to compliance with state law, local news agency the Milwaukee Journal Sentinel reported July 23. Earlier this spring, the Wisconsin Libertarian Party had asked the State Ethics Commission to clarify whether the use…
Maiar decentralized crypto exchange goes offline after bug discovery
The exchange has been taken offline due to the discovery of the bug and the team has implemented an “emergency fix” and updated the decentralized exchange. Minutes before 12 a.m. UTC on June 6, the CEO and co-founder of the Elrond Network, Beniamin Mincu, tweeted that he and his team were “investigating a set of suspicious activities”…
Bitmain’s revenge, Hong Kong’s crypto rollercoaster: Asia Express
Bitmain allegedly fires staff for speaking out against salary cuts, Hong Kong investors lose faith in crypto after JPEX scandal, Bitget gets a new crypto credit card and more. by Zhiyuan Sun 4 min October 20, 2023 Share Share Share Share Our weekly roundup of news from East Asia curates the industry’s most important developments.