Coinbase Ventures, which is affiliated with the cryptocurrency exchange, Coinbase, has invested in the liquid staking platform, Rocket Pool. The acquisition involved an undisclosed amount of RPL, the native token of the protocol. In an Aug. 10 tweet, Coinbase Ventures…
As Binance US countered the United States Securities and Exchange Commission’s (SEC) lawsuit, a federal court recently asked the exchange to provide accounting statements. However, citing complexities, they requested an extension, which was granted. Weeks later, Binance US is yet…
In response to a shrinking market share and increasing competition, Circle is strengthening its position with a $1 billion cash buffer to counteract challenges posed by dominant non-crypto entities like PayPal. Circle’s USD coin faces market pressure The move is…
The Bank of England (BoE) and HM Treasury issued a call for interest, seeking academic experts to join a new advisory group focused on central bank digital currencies (CBDCs). The CBDC Academic Advisory Group will provide guidance as the institutions…
The French financial regulator, the Autorité des marchés financiers (AMF), has announced changes to its rules governing digital asset service providers (DASPs) in France. The amendments aim to incorporate upcoming European Union regulations on crypto-assets while enhancing registration requirements for…
RocketX, a multichain centralized and decentralized exchange (DEX) aggregator that allows users to trade multiple assets, is integrating Hedera, per a press release shared with crypto.news on Aug. 10. RocketX integrates Hedera Incorporating the RocketX infrastructure aims to enhance Hedera’s interoperability…
Bitcoin miner Riot has unveiled its financial results for Q2 2023, reporting a total revenue of $76.7 million. The results highlight the company’s resilience in a fluctuating market, with a 27% increase in Bitcoin production contributing significantly to its success.…
Paynet Crypto secures license in Uzbekistan, marking a positive shift in the nation’s crypto stance. The former Minister of Foreign Affairs of Uzbekistan, Vladimir Norov, announced on Twitter that Paynet Crypto, a company behind Paynet payment system, had acquired a…
Democratic congresswoman Maxine Waters has expressed her concerns over PayPal’s launch of its dollar-pegged stablecoin, PYUSD. In a written statement on Aug. 9, Waters urged for comprehensible regulation. She opined that laws should precede every major crypto move. “I am deeply concerned…
On Aug. 9, blockchain security firm PeckShield exposed fresh vulnerabilities across multiple decentralized finance (defi) projects. Aave’s Earning Farm, which supports Ethereum (ETH), Wrapped Bitcoin (wBTC), and USDC, was a target and reportedly lost approximately $287,000 in ETH. You might…
