Frax Finance to retire algorithmic backing amid stablecoin crackdown
The community of decentralized finance stablecoin protocol Frax Finance has voted to fully collateralize its native stablecoin Frax (FRAX), marking...
Month: February 2023
CoinEx crypto exchange sued by New York for failing to register with state
Cryptocurrency exchange CoinEx has been sued by New York Attorney General Letitia James, who alleges the firm falsely represented itself...
BIS Head: “Crypto Has Lost The Battle Against Fiat Currencies”
Bank of International Settlements (BIS) head Agustin Carstens has said that cryptocurrencies have lost the “battle” against fiat currencies like...
TUSD Leverages Chainlink Proof of Reserve for Real-Time Verification of Stablecoin Minting
On Wednesday, the stablecoin project Trueusd announced that it is leveraging Chainlink Proof of Reserve (POR) technology to provide real-time...
Indian Finance Minister Pushes for International Cooperation on Crypto Regulation — Discusses Awareness Campaign
Indian Finance Minister Nirmala Sitharaman has stressed the importance of international cooperation in order to regulate the crypto sector. She...
World Wide Web Inventor Tim Berners-Lee Says Crypto Is ‘Really Dangerous’ but Can Be Useful for Remittances
World Wide Web inventor Sir Tim Berners-Lee says cryptocurrency is “really dangerous” and “only speculative.” While claiming that crypto is...
Federated Learning Consortium (FLC) for Decentralized AI to Launch in Hong Kong, Led by Phoenix and APEX Technologies
press release PRESS RELEASE. After over a year of preparation and restructuring, decentralized and privacy-enabled AI organization Federated Learning Consortium...
This New Crypto is Making Real Estate Investment Accessible to Everyone With $100 NFTs – Here’s How it Works
The real estate market is booming, but individual investors can’t still get on it thanks to the rising real estate...
Ethereum Altcoin Rockets 200% in Less Than a Week As Project Ecosystem Sees Flurry of Updates
An Ethereum-based (ETH) altcoin project is skyrocketing after announcing a series of upcoming updates. Amid a series of announcements, payments...
‘Cryptoqueen’ Wanted for $4,000,000,000 Scheme Murdered on Yacht in 2018 by Bulgarian Mafia: Report
A new report claims that the ‘cryptoqueen’ wanted for her alleged role in the $4,000,000,000 OneCoin scam may have been...
Render Token (RNDR) Price Prediction for Today, February 22: Will the Render Token Price Reach $100?
The distributed RNDR system uses the ERC-20-compliant utility token RNDR to pay for the rendering of animation, motion visuals, and...
Forsage founders indicted over $340M DeFi ‘Ponzi scheme’
The founders behind the alleged $340 million “global Ponzi” scheme Forsage have been indicted by a federal grand jury in...
Only 0.04% of Ethereum validators have been slashed since 2020, says core dev
The Ethereum ecosystem has seen only 226 validators slashed since the launch of the Beacon Chain on Dec. 1, 2020...
Coinbase is not Giving Up on NFT Marketplace
Yesterday, cryptocurrency exchange Coinbase gave a signal that it will not be giving up on its NFT project any time...
Nigeria seeks partners for a technological upgrade of its digital currency, the eNaira
Nigeria is in discussions with potential technology partners to create a brand-new system to control and manage the digital currency...
