Frax Finance to retire algorithmic backing amid stablecoin crackdown
The vote was passed to fully collateralize Frax Finance’s native stablecoin, thus phasing out its…
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CoinEx crypto exchange sued by New York for failing to register with state
The NY Attorney General is looking for a court order to remove the exchange from…
Forsage founders indicted over $340M DeFi ‘Ponzi scheme’
According to the Department of Justice, Forsage employed smart contracts which were coded in ways…
Enterprise blockchain is transforming business operations and reducing costs — Web3 exec
Hyperledger Foundation executive director Daniela Barbosa says some challenges in adopting enterprise blockchain include a…
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…
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.”…
Federated Learning Consortium (FLC) for Decentralized AI to Launch in Hong Kong, Led by Phoenix and APEX Technologies
PRESS RELEASE. After over a year of preparation and restructuring, decentralized and privacy-enabled AI organization…
Federal Judge Rules NBA Top Shot NFTs May Be Considered Unregistered Securities
A federal judge, Victor Marrero, ruled on Wednesday that the NBA Top Shot non-fungible tokens…
Only 0.04% of Ethereum validators have been slashed since 2020, says core dev
Only 226 validators have been slashed since Ethereum staking began, with 75 of those coming…
Gate.io to enter Hong Kong following city’s $6.4M budget allocation to Web3
Gate’s founder called Hong Kong a “hub,” meanwhile, the city’s financial secretary said the region…
Web3 Domain Alliance expands with 51 new members
The Alliance said it aims to focus on consumer protection, preventing naming collisions, fair and…
Rep. Maxine Waters says all US regulators ‘better get together on crypto’
According to Representative Maxine Waters, the crypto market crash and bankruptcies gave U.S. lawmakers an…
Google Cloud partners with Tezos blockchain to develop Web3 tech
The partnership will see Google Cloud becoming a validator on the Tezos network. Google’s cloud…
Breaking: Polygon blockchain reportedly suffers network outage
The blockchain has not produced any new blocks or processed transactions for at least an…
Gary Gensler’s SEC is playing a game, but not the one you think
Gensler has made a show of cracking down on crypto companies that haven’t engaged in…