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USA’s DFS to Use Blockchain to Strengthen Sanctions Enforcement Against Russia

The Department of Financial Services (DFS) will use blockchain analytics technology to build strengthen the enforcement of the sanctions against Russia. Specifically, the effort will be to detect if Russian individuals try to bypass the imposed penalties. Blockchain Technology to Help Monitor Sanction Enforcement The Department of Financial Services oversees numerous key programs and initiatives concerning the monetary sector. As a result of the growing conflict in Ukraine,...

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Le plan B de Lugano (Suisse)

Lors d’un événement diffusé aujourd’hui en direct, la municipalité de Lugano, située au sud de la Suisse dans le canton du Tessin, a annoncé qu’elle permettrait désormais à ses administrés de payer leurs taxes et leurs factures en bitcoin et en Tether (un stablecoin répliquant l’USD). Elle souhaite par ailleurs encourager toutes les entreprises de la ville à utiliser des cryptomonnaies pour leurs...

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$7.5T Asset Manager Charles Schwab Files for a Crypto-Focused ETF

The half a decade-old multinational financial service giant has followed the footsteps of Blackrock into filing with the Securities and Exchange Commission to release a Crypto Economy ETF. The document informed that the main goal of the fund will be to “track as closely as possible, before fees and expenses, the total return of an index that is designed to deliver global exposure to companies that may benefit from the development or utilization of cryptocurrencies (including...

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Pushing DeFi to New Heights: Solanax Platform is Officially LIVE!

Ever since Decentralized Financed (DeFi) captured the imaginations of finance experts, Solanax has been making great strides to turn their most ambitious dreams into reality. Today, we are immensely proud to announce that we have succeeded – today marks the launch of the Solanax DEX, which is already live with swap and liquidity pool functionality enabled.  Being based on a permissionless, high-performance, Proof-of-History (PoH) blockchain, Solanax is able to ensure...

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Hackes Exploit Arbitrum-based Marketplace Treasure: Over 100 NFTs Stolen

Hundreds of NFTs were stolen in the TreasureDAO exploit, conducted through a series of transactions. The attackers were able to exploit a bug in the protocol that enabled them to mint NFTs for free. Soon after, the platform urged its users to delist their non-fungible tokens from the marketplace. TreasureDAO Exploited In yet another major blow to the NFT industry, the latest project to have fallen victim to a massive beach is – TreasureDAO – the biggest NFT marketplace on the...

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Alameda-Backed Router Protocol Announces Avalanche Integration

Ramani Ramachandran, co-founder and chief executive of Router Protocol, believes that the integration will help advance the mission of achieving a multi-blockchain future. Router Protocol – Avalanche Singapore-headquartered Router Protocol has integrated Avalanche network’s C-Chain to its cross-chain messaging protocol. According to the official press release shared with CryptoPotato, the development will enable users to leverage the Avalanche network by conducting...

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LBank Weekly Listing Report, 28th February 2022

As a world class digital asset exchange, LBank continues to focus on providing its users quality projects to participate in. Here is a weekly report made by LBank Exchange presenting this week’s exciting new listings and a summary of the ones listed last week, offering users more information to help better understand these unique opportunities. New Listings on LBank Exchange Scheduled this week starting on 28th Feb. For a more complete list please follow our twitter...

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Gal Gadot Participates in $2.6M Funding Round for AdaSwap

AdaSwap – one of Cardano’s first decentralized finance (DeFi) protocols – recently raised $2.6M to build a new decentralized exchange (DEX) native to the developing blockchain. Funding was led by iAngels – a female-led Venture Capital firm – and included nine other leading VCs such as Shima Capital, Pluto Digital, and Coti. Even the producer, model, and actress Gal Gadot, alongside producer Jaron Varsano, have taken part in the round. Explaining the AdaSwap DEX The AdaSwap...

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Crypto Donations for Ukraine Keep Pouring In

According to data from blockchain analytics firm Elliptic, crypto is giving the military in Ukraine the money it needs to defend itself. More than $4 million in donations have made their way into the Eastern European country, and much of that money stems from bitcoin and crypto. Ukraine Is Getting a Lot of Crypto The world was shocked last week when Vladimir Putin – the leader of Russia – invaded his country’s neighbor of Ukraine. As a means of helping the impoverished...

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Hillary Clinton Is ‘Disappointed’ That Some Crypto Exchanges Refused to Stop Servicing Russians

Former US presidential candidate – Hillary Clinton – criticized those cryptocurrency trading venues that refused to stop servicing Russian-based users. She once again opined that digital assets should be put under a regulatory framework. Crypto Should Not Become an Escape Hatch to Russia Amidst the Russian invasion in Ukraine, Mykhailo Fedorov – the latter’s Vice Prime Minister – asked the leading digital asset platforms to freeze all Russian users’ blockchain addresses....

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