Crypto news

Career Day 2024: wo sich Unternehmen und die Fachkräfte von morgen vernetzen Der Career Day der Berner Fachhochschule BFH vernetzt zukünftige Fachkräfte mit der Wirtschaft. Rund 70 innovative Unternehmen aus Technik und Informatik präsentieren am 14. Mai 2024 im Switzerland Innovation Park Biel/Bienne (SIPBB) spannende Berufsbilder und sprechen so die jungen Studierenden der BFH an. Der Career Day der BFH Technik und Informatik bietet sowohl den...

.A Republican-led effort to free American banks to provide crypto custody services has been shut down by the Democrat-led White House. On Wednesday, the House of Representatives discussed and prepared to vote on House Resolution 109 (H.J. Res. 109), which would strike down prior accounting guidance from regulators to banks planning to offer the service to customers. Hours before the vote began, however, the Biden Administration stated its intention to veto the resolution if...

Binance CEO Richard Teng has advocated for the release of Tigran Gambaryan, head of the crypto exchange’s Financial Crime Compliance team, who has been detained by the Nigerian government for over 70 days. Gambaryan reportedly flew to the country in February for talks on collaborative policy meetings, only to be detained later. This move by the Nigerian authorities has set a dangerous new precedent for all companies worldwide, Teng said in his statement. Arrest of Executives...

A proposal to list and trade shares of prominent asset manager Grayscale’s Ether futures exchange-traded fund (ETF) has been withdrawn, as per a new document filed on Tuesday. The filing by the US Securities and Exchange Commission (SEC) revealed that the application for the Grayscale Ethereum Futures Trust ETF, filed by NYSE Arca, Inc. in September last year, was withdrawn on May 3. Previously, the agency had delayed consideration of Grayscale’s ether futures ETF, with the...

TL;DR Polkadot has enhanced its network with Asynchronous Backing, increasing block production speed and capacity, aimed at improving support for complex Web3 applications. The native cryptocurrency, DOT, has seen a recent increase and is anticipated by analysts to potentially rise to the $10-$15 range in the coming months. Polkadot’s Latest Update Polkadot announced that Asynchronous Backing has been enabled on the network. The mechanism represents “an optimized approach...

[PRESS RELEASE – London, UK, May 8th, 2024] In a world where decentralized finance (DeFi) operates with unprecedented speed, transactions are completed in nearly real-time, and transaction fees are significantly reduced from current rates. This vision is not merely aspirational; it is the future being constructed by SolanaVM. SolanaVM focuses specifically on bridging the gap between Ethereum, the current leader in DeFi, and Solana, a high-speed blockchain network. The total...

The individual associated with a recent $71 million wallet phishing attack has finally begun transferring the funds to new addresses. The scammer’s wallet remained inactive for the last six days after converting the stolen 1,155 WBTC into around 23,000 ETH. Scammer Transfers Stolen Crypto The bad actor stole Wrapped Bitcoin (WBTC) on May 3 after creating a wallet address closely resembling the victim’s in an “address poisoning” scam. The address featured similar alphanumeric...

[unable to retrieve full-text content]CoinspeakerUK Faces Tight Deadline for Stablecoin and Staking Legislation Ahead of Upcoming Election The government's initial focus on stablecoin and staking legislation could be the first step towards a comprehensive regulatory framework, as they've previously outlined a phased approach with stablecoins as the priority. UK Faces Tight Deadline for Stablecoin and Staking Legislation Ahead of Upcoming Election

[unable to retrieve full-text content]CoinspeakerBitMEX Unites Forces with PowerTrade to Launch Deribit Challenger BitMEX said its options trading platform will offer a full range of institutional-grade options for digital assets. BitMEX Unites Forces with PowerTrade to Launch Deribit Challenger

Layer 2 networks have witnessed massive activity this year, even as their native tokens slumped amidst intense volatility across the broader market. These solutions have witnessed relatively steady activity since the beginning of the year. However, the latest analysis by IntoTheBlock revealed that Base continues to be the primary attraction for new capital. Investors Flock to Base Over the course of this week, net ETH deposits into the Base have exceeded 6,500 ETH, marking a...