On May 11, a majority of Texas Lawmakers voted in favor of including people’s right to own, hold and use crypto assets, in an updated Bill of Rights. The bill, HJR 146, was introduced by State Representative Giovani Capriglione. 139 lawmakers voted in favor of the bill, while only two entities voted against it. “The right […]
Binance, the largest cryptocurrency exchange, has suspended Bitcoin withdrawals twice in the past 12 hours. Despite causing alarm in the community, the exchange has reassured users that their funds are secured. Now at press time, the organization announced plans to introduce withdrawals via the BTC Lightning Network. A couple of hours back, Binance made an announcement that […]
Sui is a new layer-1 blockchain set to go live on May 3. Recently, the network has gained significant attention in online crypto circles. The project uses a delegated proof-of-stake (dPoS) consensus mechanism with an altered version of the Move programming language. Additionally, the native token of the network is SUI, with a supply cap of 10 […]
Trust Wallet, one of the largest independent and multi-chain custodial wallets, has announced a partnership with Web3Auth to allow users to seamlessly log in and access Web3 services using their existing social login credentials, in addition to other security factors. This collaboration marks another step towards improving user experience and accelerating mass adoption of Web3. […]
Bhutan, the isolated Himalayan kingdom, has been quietly investing millions of dollars in cryptocurrencies, including Bitcoin and Ether, over the past year. Reporting from Beincrypto, Wednesday (18/4/2023), this became known after Forbes reviewed the bankruptcy filings of crypto companies BlockFi and Celsius and found state-secret crypto portfolios. Forbes found Druk Holding & Investments (DHI), a […]
Nearly 4,000 Australians reported using Bitcoin and other cryptocurrencies as a payment method to transfer funds to fraudsters in 2022. This marks a significant increase of 162.4 per cent over 2021. Reporting from Decrypt, Tuesday (18/4/2023), this crypto transfer made criminals earn as much as USD 148.4 million or the equivalent of IDR 2.2 trillion […]
Since January 2023, the number of tether stablecoins in circulation has increased from 66 billion to the current 80.9 billion, representing more than 22% growth this year. Tether’s growth is approaching the all-time high of $83 billion stablecoins in circulation that the project reached almost a year ago, in May 2022. Tether Supply Nearing an […]
Launched in July 2017, Binance is the largest cryptocurrency exchange globally by daily trading volume. Binance aims to bring cryptocurrency exchanges to the forefront of financial activity globally. The idea behind the name Binance is to represent this new paradigm in global finance which is Binary Finance, or Binance. Apart from being the largest cryptocurrency […]
A former employee of investment bank Deutsche Bank has been charged in an indictment that opened on Tuesday, April 11, 2023 with misappropriating funds from investors he lured with promises of huge profits from cryptocurrency trading. Rashawn Russell, 27, of Brooklyn, solicited investments from friends and colleagues but used the funds for gambling and other […]
The Indonesian Crypto Asset Traders Association (Aspakrindo) revealed that there was a complaint by a farmer who sold his buffalo and rice fields to buy artist tokens. The farmer is now bearing a big loss because the price of the token he bought has plummeted. Reported by detikFinance, the trend of the presence of local […]