From Jan. 1, 2023, the term “virtual currency” will take its place in the money transmission regulations of Alaska. It will oblige the companies dealing with digital currencies to obtain a money transmission license in the state. As reported by the law firm Cooley on Dec. 19, the state of Alaska amended its money transmission …
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The stories about people getting their private keys hacked or stolen are nothing new, with a number losing their life savings because of these thefts. However, in quite an anti-climax scene, a crypto user managed to save their crypto holdings despite losing their private keys. Harpie, an on-chain security firm, revealed an instance of on-chain crime …
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With more regulators eyeing the crypto space as the FTX debacle continues, the $1.5 billion merger of online investing platform Superhero with the Australian crypto exchange Swyftx was shelved. In an email to its customers, Superhero highlighted that it will not be proceeding with its merger with the crypto exchange. According to the company, this …
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Just days after a creditor offered to help Core Scientific avoid possible bankruptcy, reports have emerged confirming the Bitcoin (BTC) mining company’s fate. Core Scientific is reportedly filing for Chapter 11 bankruptcy protection in Texas owing to falling revenue and low BTC prices. On Dec. 14, financial services platform B. Riley offered to provide Core Scientific …
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The cryptocurrency market is full of projects trying to outperform one another. However, the latest contender SmarterWorx (ARTX), has raised the bar with its innovative […] Go to Source
XRP price has been struggling to regain its former glory as a cross-border payments solution since the United States Securities Exchange Commission (SEC) brought a […] Go to Source
Lisk price is in the limelight after exploding to trade at a four-month high of $1.24. Before this breakout, LSK bowed to overhead pressure spreading […] Go to Source
Blockchain security company CertiK has reminded the crypto community to stay alert over “ice phishing” scams — a unique type of phishing scam targeting Web3 users — first identified by Microsoft earlier this year. In a Dec. 20 analysis report, CertiK described ice phishing scams as an attack that tricks Web3 users into signing permissions …
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Blockchain.com’s founder and CEO, Peter Smith, believes on-chain analytics will play a significant role in locating the missing FTX funds, though it will have its limitations. On Dec. 20, Fox Business host Liz Claman said that blockchain’s selling point was that it makes crypto transactions transparent and traceable, asking Smith the question of what it …
After a sell-out launch that pocketed roughly $4.45 million from primary sales, former United States president Donald Trump’s NFT collection is already on a crash course towards earth. Trump rolled out his odd-ball self-themed 45,000 NFT trading card collection on Dec. 16 for $99 a pop. The NFTs were all gobbled up within a couple …
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Polygon, one of the most promising projects of the year, has made undeniable progress toward onboarding the masses and having the infrastructure to support them […] Go to Source
Waves blockchain platform founder and CEO Sasha Ivanov has announced plans to launch a new stablecoin. Sasha Ivanov made the revelation in a Twitter post […] Go to Source
The crypto-focused bank is reviewing transactions related to FTX and Alameda. 2 min read Updated: December 20, 2022 at 11:51 pm Cover art/illustration via CryptoSlate An account with Silvergate Capital may have played a key role in FTX’s collapse this November, according to a Dec. 20 report from the Wall Street Journal. The newspaper cited …
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The interchain communication protocol, Axelar, has announced a $60M funding program to drive innovation for web3 startups building during the bear market. “The Axelar Ecosystem Startup Funding Program is designed to nurture a pipeline of developers building Web3 products that rival anything on the centralized web.” Given the current crypto landscape, such funds are likely …
Visa, the financial services corporation headquartered in San Francisco, California, published a blog post that talks about leveraging ethereum and the layer two (L2) scaling solution Starknet so people with self-custodial wallets can pay their bills. The blog post notes that while Ethereum doesnt support account abstraction or delegable accounts, the financial services company implemented …
