Markets
China to upgrade national blockchain standards by 2025
Despite China's stance on cryptocurrencies, Chinese officials have been aggressively developing its fintech industry, with a focus on blockchain technology. On March 28, the Ministry of Industry and Information Technology, China’s fintech industry regulator,Sherry CantwellBitcoin hash rate soars as analysts say miners come back online
Bitcoin, The hash rate surged to an all-time high of 398 terahashes per second (TH/s) on March 23, with analysts speculating that miners started turning their machines back on as BTC prices rose.Craig GreenBitDAO's Mantle Core Proposes $200M for Web3 Fund
Mantle Core submitted a proposal on BitDAO’s governance forum on Feb. 26 to create a $200 million fund dedicated to early-stage Web3 startups.Wayne IngramTexas Objects to Voyager-Binance.US Deal, Court Documents Show
The Texas Securities Commission and the Department of Banks objected to a proposed transaction between Binance.US and bankrupt cryptocurrency lender Voyager Digital, according to a Feb. 24 court filing.Martha GrizzardMassive $7.5B AI Crypto Token Merger Up for Community Vote
On April 2, a planned $7.5 billion token merger involving artificial intelligence (AI)Craig Green21Shares Introduces TON Staking ETP on SIX
21Shares, a prominent issuer of cryptocurrency exchange-traded products (ETPs)Sherry CantwellKuCoin Unveils $10M BTC, KCS Airdrop Amid Regulatory Scrutiny
KuCoin, a cryptocurrency exchange, has announced plans to conduct a Bitcoin airdrop worth $10 million,Hallie GillBitcoin America to Stop Operating Unlicensed Crypto ATMs in Connecticut
Cryptocurrency and Bitcoin, ATM provider Bitcoin Corporation of America has agreed with the Connecticut Department of Banks to cease operations due to lack of a licenseJames DeanBinance escapes $8M Tinder 'pig-killing' lawsuit
Binance, the world's largest cryptocurrency exchange, has been sued over an online "hog-killing" cryptocurrency scam on dating app Tinder.Hallie GillTON Foundation Launches $25 Million Accelerator Program
On May 22, The Open Network (TON), a layer 1 blockchain previously created by Telegram, announced the launch of a $25 million fund for projects building out its ecosystem.Craig GreenWimbledon 2023 Unveils Game-Changing Highlight Commentary: Powered by AI Innovation
In a bid to improve fan engagement, this year's Wimbledon tennis tournament will feature artificial intelligence (AI)-powered commentary and player analyticsChristopher SmithBritcoin' launch one step closer after Rosalind CBDC project testing
The Bank of England (BoE) has made progress towards launching its central bank digital currency, known as 'Britcoin,' following the completion of a pilot study called Project Rosalind.Barry StidhamSpot Bitcoin ETF Frenzy: 9 Funds Accumulate 100K BTC in Just 7 Days Post-Launch
In the days following the launch of Grayscale Bitcoin Trust (GBTC) spot Bitcoin exchange-traded fund (ETF),Martha GrizzardUS Government's $118M Bitcoin Sale: A Drop in the Ocean Compared to GBTC Holdings
The U.S. government is planning to sell approximately $118 million worth of seized Bitcoins from the Silk Road.Christopher Smith
CZ: compared with the record high nine months ago, the current situation of the industry is much better
CEO CZ of binance believed that the current development of the encryption industry is actually much better than when the prices of bitcoin and Shanzhai coin hit a record high nine months ago.Cornell RachelMore than 100 VCs and Investors Support Silicon Valley Bank
As Silicon Valley Bank (SVB), a 40-year-old banking institution, winds down, a slew of venture capitalists (VCs) and investors have decided to cushion the impact in case the bank "is acquired and properly capitalized."Wayne IngramHedera Vulnerability: Attackers Target Smart Contract Service Code
Decentralized proof-of-stake (PoS) blockchain Hedera has finally confirmed a security flaw. In an update, the team behind the platform revealed that the attackers managed to exploit the protocol’s mainnet’s smart contract service codeMartha GrizzardBinance Australia Derivatives License Revoked by Securities Regulator
The Australian Securities and Investments Commission (ASIC) has canceled Binance’s Australian derivatives license following a targeted review of Binance’s operations in the country.Barry StidhamSingapore to introduce uniform screening criteria for crypto bank accounts
Singaporean regulators are working with traditional banks to develop uniform standards for screening potential clients in the crypto industry.Craig GreenOpenSea Launches Advanced NFT Market Aggregator
NFT marketplace OpenSea has launched OpenSea Pro, its new non-fungible token (NFT) marketplace aggregator designed to meet the needs of professional users.Craig Green
