At NFT.NYC 2023, Cointelegraph’s team learned firsthand how nonfungible tokens are shaping the digital world of tomorrow.
Crypto exchange Roqqu receives South African approval to expand operations
Nigerian crypto exchange Roqqu received the green light to operate in South Africa, providing on and off-ramps to South Africa’s Rand currency.
Bank of Russia to set up entities for crypto mining and cross-border settlement: Report
Russia’s central bank plans to create new institutions to mine crypto assets and settle international payments.
Blockchain platform for trading securities OTC moves forward with SEC approval
Upon approval, both the SEC and the FINRA will become Certificate Holders in the private blockchain, allowing regulators to view transactions and access the network governance.
Hundred Finance loses $7 million in Optimism hack
The attacker reportedly manipulated the exchange rate between ERC-20 tokens and hTOKENS to steal over $7 million from the protocol.
U.S. Congress to introduce new draft bill for stablecoins
Failure to register as a stablecoin issuer could result in up to five years in prison and a fine of $1 million. Issuers out of the United States would have to seek registration to operate in the country.
NFT.NYC: Play-to-Earn is not dead, but game publishers are looking for alternatives
Cointelegraph team was on the ground in New York to bring exclusive insights from the NFT event.
Arbitrum proposal to return 700M ARB fails, whale calls it a “power play”
The AIP-1.05 was defeated by 118 million votes. The proposal was introduced after the Arbitrum Foundation transferred funds without community approval.
Crypto Biz: Global AI race ramps up, Winklevoss $100M loan to Gemini, and more
Recent days have seen new players emerge in the race for artificial intelligence, with business giants announcing AI initiatives.
‘Nothing is a coincidence with the government,’ claims US lawmaker on Operation Choke Point 2.0
Speaking at the NFT.NYC 2023, United States congressman Byron Donalds hurled criticism at recent crypto regulatory initiatives.
Bitget launches $100M Web3 fund for crypto projects in Asia
Bitget’s new fund will receive $100 million as an initial investment to support the next generation of Web3 projects.
Community wants Arbitrum Foundation to return 700M ARB to DAO Treasury
A new proposal asks the Arbitrum Foundation to return 700 million ARB tokens after community backlash. Voting ends on April 14.
SushiSwap approval bug leads to $3.3 million exploit
Only users who have traded on the decentralized exchange in the last four days are apparently affected.
Bill protecting Bitcoin mining rights passes in Arkansas Senate and House
The Arkansas Data Centers Act is moving now to the governor’s office for approval. It grants crypto miners in the State the same rights as data centers.
Sphere 3D files lawsuit against Gryphon Digital Mining after BTC transfer
An allegedly Bitcoin spoofing attack is behind the lawsuit between the companies that at one time considered merging.
Binance.US unable to find bank partners in the United States: Report
The United States arm of global crypto exchange Binance has been facing challenges in establishing a new bank partner.
Crypto Biz: Twitter’s DOGE bet, Canada’s new crypto conglomerate, UK banking news
This week’s Crypto Biz explores Canada’s new crypto conglomerate, the recent premature passing of the Cash App creator in San Francisco, as well as DOGE news, and U.K. crypto challenges.
Conflux proposes deploying Uniswap v3, setting up $2M liquidity pool for CFX pairs
Following the expiration of the Uniswap V3 code license on April 1, Conflux seeks to deploy the decentralized crypto trading protocol on its network.
Paxful co-founders’ litigation cites misappropriation of funds, money laundering, U.S. sanctions evasion
A bitter dispute between Paxful’s co-founders in Delaware courts may have led to the crypto marketplace’s sudden closure.
Solana reveals cost-cutting solution for on-chain storage
Known as state compression, the technology promises to drastically reduce the cost of on-chain storage.