Binance Invests in MX Global To Return to Malaysia

Thriving as one of the largest cryptocurrency exchange portals in the world, Binance has locked a strategic deal with MX Global that shines as a popular digital asset trading ecosystem. To support its expansion plans, Binance has made an equity investment in MX Global to hold a grip on the fast-developing crypto space in the …

Dogecoin Competitor Shiba Inu and Ethereum Rival Cardano Witness Massive Whale Transfers in 24-Hour Period

Crypto traders are tracking a series of large altcoin whale transfers as Bitcoin (BTC) hovers at the $44,000 mark. New on-chain data from Santiment, tracked by crypto analyst Ali Martinez, shows Cardano (ADA) whales just purchased about 16,000,000 ADA in a 24-hour period. This represents the largest single-day spike in Cardano whale accumulation in months. …

Anti-war Russians start donating crypto to support Ukraine

While the West is growing increasingly concerned over Russia’s potential use of cryptocurrencies to evade sanctions, some Russians are using their Bitcoin (BTC) to help Ukrainian people. Pavel Muntyan, a renowned Russian animation producer and creator of the animated web series “Mr. Freeman,” has called on anti-war Russians to support Ukrainian citizens amid Russia’s ongoing …

Ledger CTO warns crypto users about the dangers of ‘blind signing’

With the recent attack on OpenSea highlighting blockchain vulnerabilities, Charles Guillemet, the CTO of Ledger warns users about “blind signing” which he defines as “consenting a transaction to be signed blindly, without understanding what it means.”  In an interview with Cointelegraph, Guillemet broke down the problems and highlighted issues with blind signing. The Ledger CTO …

Bitcoin sees $43K dip amid expectations of ‘another run’ for BTC price

Bitcoin (BTC) corrected from highs above $45,000 on March 3 as traders’ optimism over continued upside remained in the driving seat. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView “Liquidity taken” at $43,000 Data from Cointelegraph Markets Pro and TradingView showed BTC/USD briefly dipping below $43,000 Thursday. The reset was expected, punctuating a multi-day uptrend which had …

Project aims to take on SAP ERP with decentralized apps

Enterprise resource planning (ERP) solutions can be quite expensive, especially for smaller companies. While ERP giants like SAP try their hands at blockchain-based solutions, a relatively small team now aims to provide an alternative that delivers similar functions using decentralized apps (DApps). In a Cointelegraph interview, William Pete, the CEO of Energy Ledger explained that …

Ethereum’s ConsenSys Faces Audit Over Financial Irregularities

Quick take: ConsenSys is facing a multi-billion audit as a result of 35 shareholders filing a request with Swiss Courts to investigate irregular financial transactions The transactions involve the transfer of intellectual properties and subsidiaries from ConsynSys AG to ConsenSys Software Incorporated (CSI) without the knowledge of the 35 shareholders Joseph Lubin is a major …

Treasure DAO Marketplace Exploited, 100+ NFTs Stolen

In brief: Treasure DAO has been exploited with hundreds of NFTs stolen The exploit was carried out through a series of transactions The hack was the result of a bug in distinguishing ERC721 and ERC1155 in ‘buyitem()’ The team at Treasure DAO has apologized to those affected and frozen the marketplace Treasure DAO’s code is …

“Mexico is on the list” for BTC Adoption, Other Countries To Follow Suit

Samson Mow is leaving Blockstream to pursue “nationwide BTC adoption” Mow tweeted his plan, stating that Mexico is on the list that could soon adopt Bitcoin  A report issued by Fidelity Digital states that 2022 might be the era when many sovereign nations could adopt Bitcoin Samson Mow, the chief strategy officer at Blockstream, has announced his …

Bitcoin and Crypto Showcasing Huge Potential in Times of Turmoil

Bitcoin and crypto are growing as financial strongholds in the wake of recent events. Ukraine has received over $50 million in crypto donations, and citizens of both Ukraine and Russia are flocking to crypto platforms. Crypto is emerging as a reliable asset against governmental forces. Bitcoin and cryptocurrencies have quickly emerged as a stronghold of …

‘Even meme can support our army and save lives’ Ukrainian PM says after enabling donations in DOGE

Ukraine’s Prime Minister Mykhail Fedorov tweeted March 2nd that the country will now accept donations in the popular meme cryptocurrency DOGE coin, which is now more valuable than the Russian rouble. “Now even meme can support our army and save lives from Russian invaders.” Fedorov said in the tweet that shared the official public key …

JP Morgan invests in Blockchain Intelligence Platform TRM Labs 

JP Morgan Chase has expanded its interest in the blockchain technology space with an investment in TRM Labs. After announcing its new banking lounge in Decentraland metaverse JP Morgan has now joined a growing number of financial firms to invest in TRM Labs which received support from Paypal Ventures, Visa, and American Express in a …

DAOs: The Financial Revolution Skimming the Outskirts of Regulations

DAOs – Natural Evolution of Digitization To illustrate, for the vast majority of content creators on YouTube, there’s just as much of a battle against a complex algorithm as there is with creating interesting content. Just like with Facebook or Twitter, creators are at the mercy of the platform’s algorithms, which are constantly tweaked behind …

Proof-of-Work Ban Removed From Europe’s Proposed Crypto Regulation

A text threatening to prohibit cryptocurrencies relying on energy-intensive proof-of-work mining has been deleted from the draft legislation aimed at regulating the European crypto space. The move comes after the controversial provision sparked objections from the crypto community. MiCA Proposal Drops Ban on Proof-of-Work Coins Wording that could have banned cryptocurrencies with proof-of-work (PoW) mining, …

Square Enix to Bring Dungeon Siege IP to The Sandbox

Square Enix, the Japanese game publishing and developing company, has announced a new deal with The Sandbox to allow one of its IPs to be featured in the metaverse-based platform. The company will bring elements of Dungeon Siege — one of its oldest intellectual properties — to The Sandbox, allowing players to include these elements …

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