European Union To Introduce Blockchain Energy Efficiency Labels
The EU decided against a prohibition on proof-of-work crypto mining in March 2022.Some market players will be required to disclose their impact on the environment.EU officials have said that they…
Ripple Announces $250M NFT Creator Fund Grantees
The fund’s initial group of investors was announced in April and this is the second.Ripple is still allocating all $250 million, despite the continuing bear market.Ripple has revealed the next…
Japan Amended KYC Rules to Combat Money Laundering
A legal framework governing cryptocurrencies was first adopted in Japan. After Terra Luna collapsed in 2022, a bill was passed allowing licensed banks to use stablecoins. The Japanese government endorsed…
Hacker Stole more than $1 Million From BitKeep Wallet Provider
BitKeep said that its development team has moved quickly to limit the hacker’s access.The firm has also guaranteed to pay in full to the victims affected by the hack.This morning,…
Ethereum Foundation Launches Pre-Shanghai Testnet ‘Shandong’
Proto-danksharding is a hotly debated improvement expected in Shanghai upgrade. It is still unclear which recommendations will be included in Shanghai. On Friday, the Ethereum Foundation announced the launch of…
Binance Announces Aptos (APT) Listing and Following Mainnet Launch
Binance recently announced the listing of Aptos (APT) tokens. The exchange will open trading for three spot trading pairs including APT/BTC, APT/BUSD, and APT/USDT.The highly anticipated layer-1 blockchain Aptos (APT)…
South Korea want to develop a Blockchain-Based Digital Identity System
South Korea is planning to replace ID cards with a blockchain-based digital identity system. Digital IDs may be available by 2024, across the country.South Korea to make comprehensive utilization of…
US Regulators increase a water-tight Scrutiny of the Crypto Industry
CFTC and SEC are looking into various potential legal infractions. US regulators are also looking closely at Celsius.According to Bloomberg News on Monday the Commodity Futures Trading Commission (CFTC) and…
FTX U.S and Founder SBF under Investigation by Texas Officials
In a transaction finalized last month, FTX US acquired Voyager Digital’s assets.FTX US is not licensed by the Texas Department of Banking as per the complaint.According to a court filing,…
Ripple made a recent Release of Critical Smart Contract Bridge to Ethereum
The sidechain is currently operational on the XRPL Devnet. Adding a permissionless EVM sidechain to the XRPL Devnet is the next step. Interestingly, on Monday, Ripple announced the release of…