Pikamoon (PIKA) is a hybrid meme coin and GameFi project that combines a refined play-to-earn metaverse game, its Pikaverse, and PIKA token equipped with the latest technologies and innovations. The project leverages features like the marketplace, in-game crypto rewards, deflationary tokenomics, and more, getting Pikamoon set to soar right from its ongoing presale. The presale […]
Alexander Mashinsky, former CEO of the bankrupt cryptocurrency lender Celsius Network, had his assets frozen by a federal court in New York on August 16, 2023. The restraining order, which was made public on September 5, included several bank accounts and real estate owned by Mashinsky or entities under his control. The court found probable […]
Under India’s G20 presidency, discussions are underway to establish a global framework for cryptocurrencies. Indian Prime Minister Narendra Modi has called for global collaboration on formulating crypto regulations among G20 member states. India’s Minister of Finance Nirmala Sitharaman confirmed this during the Global Fintech Fest on Sept 5, noting that crypto is both a threat […]
Nima Capital, a venture capital firm and longstanding capital partner of Synapse, recently dumped 9 million SYN tokens, causing the price of the native token to crash by over 22%. The project confirmed that there was no security breach of the protocol or bridge. Data from Etherscan showed that the unidentified whale responsible for selling […]
Visa has expanded its stablecoin settlement capabilities to merchant acquirers, launching pilots with Worldpay and Nuvei using the Solana blockchain. This follows successful trials with Crypto.com, where the Australian card program’s cross-border volume was paid for using Ethereum-based USDC. The integration of USDC into the Visa ecosystem is expected to shorten settlement periods for businesses […]
The South Korean government is planning to submit a bill that will enable it to track and freeze crypto assets used by North Korea for its weapons program. The bill includes provisions for the monitoring and mitigating of cryptocurrency assets stolen by North Korea through hacking activities, and seeks to augment the sanctions against the […]
The Financial Services Agency (FSA) of Japan has proposed to change the tax code in regard to digital assets. The most notable suggestion is to free domestic firms from the end-of-the-year “unrealized gains” tax on crypto. The amendment, proposed by the FSA, has the potential to be effected, as the Agency states that the Ministry […]
Binance CEO Changpeng Zhao has expressed his optimism for decentralized finance (DeFi) following a recent court ruling on an investor suit against the decentralized crypto exchange (DEX) Uniswap. Last week, Judge Katherine Polk Failla of the Southern District of New York dismissed the case that sought to make Uniswap (UNI) accountable for the financial losses […]
A security firm, Cyvers Alerts, has flagged suspicious transactions from the cryptocurrency gambling platform Stake, totalling $16 million on September 4. Blockchain evidence suggests that the funds were siphoned off as a result of a stolen private key. The hacker transferred $3.9 million worth of Tether (USDT), 6,001 Ethereum (ETH) worth $9.8 million, $900,000 worth […]
Jay Clayton, former chairman of the US Securities and Exchange Commission (SEC), believes that the approval of a spot Bitcoin ETF is “inevitable” despite delays on seven applications. A spot Bitcoin ETF is an exchange-traded fund that invests directly in Bitcoin, allowing investors to trade shares of the fund on stock exchanges. The SEC has […]
