Crypto news

The New York State Department of Financial Services (NYDFS) has published a set of new rules guiding the listing and delisting of digital assets to ensure the activities of crypto firms protect investors from financial harm. According to an official post from the department, the new guidance is effective immediately and will replace older standards issued in 2020. All virtual asset firms are expected to incorporate the latest standards into their coin listing and delisting...

Cardano’s native token experienced an upsurge, alongside various alternative cryptocurrencies, fueled by growing optimism among investors in the broader market. With a remarkable monthly gain exceeding 55%, ADA reached a price level reminiscent of April, briefly touching $0.40 this week. This positive momentum has the potential to boost ADA to surpass a significant resistance level in the near future. New data also indicates that the ongoing consolidation phase closely...

The program’s primary objective is to support aspiring builders by guiding them through the entire life cycle of a Web3 startup. Animoca Brands Corporation Ltd announced earlier today that it has formed a strategic partnership with Amazon Web Services (AWS), and Polygon Labs to support Web3 builders worldwide via the launch of the MoonRealm Express Accelerator. We’re pleased to introduce MoonRealm Express Accelerator, a collaboration with Amazon Web Services (@awscloud and @awsstartups)...

A United States judge has concluded the dismissal of a class action lawsuit against stablecoin issuer Tether and its affiliate crypto exchange Bitfinex, two years after the plaintiff made a move against the firms. According to a blog post, Chief Judge Laura Taylor Swain of the U.S. District Court for the Southern District of New York denied Shawn Dolifka’s motion for leave to amend the class suit. Dolifka has now chosen not to appeal the judge’s decision. The Class Suit...

Per the S-1 filing submitted to the SEC, the iShares Ethereum Trust is designed to reflect the performance of the Ethereum. BlackRock Inc (NYSE: BLK), a top investment asset management firm, has filed for a spot Ethereum Exchange Traded Fund (ETF) with the United States Securities and Exchange Commission (SEC). This comes only a week after it registered the ETF dubbed iShares Ethereum Trust with Delaware’s Division of Corporations, and almost six months after filing for Bitcoin equivalent,...

Litecoin (LTC) has experienced a monthly surge of approximately 20%, briefly surpassing the $74 mark, in tandem with a broader resurgence in the cryptocurrency market. The increased network activity has played a pivotal role in this upward trend. Data compiled by IntoTheBlock reveals that active addresses on the Litecoin Network have reached a six-month high. On November 13th, the count of active addresses, indicating those involved in transactions, soared to 979.55k,...

[PRESS RELEASE – London, United Kingdom, November 16th, 2023] MetaWin, a trailblazer in the digital competitions arena, today announced the launch of its most ambitious event to date – the MetaWin Millionaire. This groundbreaking competition offers participants a chance to win $1 million in USDC Stablecoin, marking a new epoch in online competitions. A Game-Changing Event in the Blockchain Space MetaWin Millionaire is not just a competition, it’s a revolution in the digital...

This milestone is not just a technological achievement, but a symbolic moment for the Dogecoin community. In a surprising announcement that has sent ripples through the blockchain community, the Dogecoin (DOGE) team took to X today to reveal that Astrobotic Technology, an American space robotics company has planned to send a physical Dogecoin to the moon in the DHL Moonbox via ULA’s Vulcan Centaur Rocket. The rare expedition to the moon is expected to take place on December 23, 2023....

The Polygon Ecosystem Growth address has distributed 217 million MATIC tokens to approximately 70 addresses within the last 24 hours. This strategic move aims to foster development and expand the ecosystem. As a result of this token distribution, there has been a slight impact on MATIC’s market price, leading to minor declines. Polygon Ecosystem Growth 217 Million Distribution According to etherscan data, approximately 70 wallets were credited with 217 million MATIC,...

Philippines’ state-owned Development Bank of the Philippines and Land Bank of the Philippines serve as the issue managers for the tokenized treasury bonds. The Philippines aims to boost its domestic debt market by introducing tokenized treasury bonds, with an initial offering of at least 10 billion pesos ($179 million). This marks the country’s first foray into the issuance of tokenized bonds. However, the government retains flexibility in adjusting the issue size. The move aligns with...