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ZachXBT Joins as Custodian for Multisig Wallet Holding Munchables’ Hacked Funds

ZachXBT has been appointed one of four custodians for a multisig wallet holding the hacked user funds of the GameFi protocol Munchables.

, by Hassan Shittu

Digital Asset Products See $862M in Inflows, Nearly Erasing Previous Week’s Outflows

Digital asset investment products experienced a positive turnaround in sentiment as inflows reached a total of $862 million last week.

, by Ruholamin Haqshanas

Binance Appoints Board of Directors for First Time in Effort to Rebuild Reputation Following Legal Troubles

Binance has named a board of directors for the first time, aiming to reshape its image following last year's guilty plea to US charges of anti-money laundering and sanctions violations.

, by Ruholamin Haqshanas

The Future of Cryptocurrency in Daily Payments: Lessons from Lugano

Cryptocurrencies have sparked a global debate on the future of financial transactions, with a focus on their integration into daily payments.

, by Ruholamin Haqshanas

Former Terraform Employee Admits Writing False Posts From Kwon Made Him ‘Angry’

In a series of ongoing court trials linked to Terraform Labs’ fraud claims tied to the 2022 implosion of its TerraUSD stablecoin, one former employee testifies how working with Terraform was rife with pitfalls. Brian Curran, former head of communications at Terraform, told a Manhattan...

, by Sujha Sundararajan

Bitget Simplifies Crypto Purchases in India, UAE, Mexico with OnRamp Money Partnership

Crypto exchange Bitget on Tuesday announced a partnership with payment solutions provider OnRamp to streamline the conversion of fiat money into cryptocurrencies. Through the partnership, Indian users can now use United Payments Interface (UPI) and Immediate Payment Service (IMPS) for INR...

, by Shalini Nagarajan

Singapore’s MAS Expands Regulatory Oversight to Include Crypto Custody and Fund Transfer Firms

Singapore has taken steps to expand its crypto regulations by including the custody of tokens and firms involved in fund transfers. The Monetary Authority of Singapore (MAS) made the announcement on Tuesday as part of its efforts to establish the city-state as an institutional hub for the...

, by Ruholamin Haqshanas

Deribit To Set Up Global HQ in Dubai As VARA Grants Conditional License

Deribit, the world's largest crypto options exchange, said Tuesday that its Dubai-based subsidiary was granted a conditional virtual asset service provider license by the Virtual Asset Regulatory Authority (VARA). While the license encompasses both spot and derivatives trading activities, it is...

, by Shalini Nagarajan

Spot Bitcoin ETFs Continue to See Net Outflows as BTC Price Drops Below $67K

Spot Bitcoin (BTC) exchange-traded funds (ETFs) saw outflows on Monday as the flagship cryptocurrency dropped below $67,000.According to data from investment firm Farside, outflows from Grayscale's Bitcoin ETF (GBTC) surged once again, reaching over $300 million on that day.The combined net...

, by Ruholamin Haqshanas

Crypto.com to Launch New App in South Korea on April 29

Crypto.com is expanding its global presence by launching its app in South Korea, slated for April 29. Following regulatory approvals, Crypto.com officially announced that its app will launch in South Korea, granting retail customers access to trade over 150 cryptocurrencies and explore exclusive...

, by Hongji Feng

Exclusive: Ant Digital Technology’s ZAN Becomes Core Chain’s Validator to Fortify Blockchains’ Security in Asia-Pacific

Ant Digital Technology's Web3 security solutions provider ZAN has become a validator on Core Chain – EVM-compatible blockchain secured on Bitcoin. The strategic partnership with validators reinforces blockchains' security and decentralization, Core Foundation told Cryptonews via...

, by Sujha Sundararajan

Andreessen Horowitz (a16z) Allocates $30M Funding for Gaming Startups

Silicon Valley-based venture capital firm Andreessen Horowitz (a16z) founded by Marc Andreessen and Ben Horowitz is investing $30 million in gaming startups in the next 45 days. Andrew Chen is a general partner for a16z Games took to the social media platform X to share the funding...

, by Tanzeel Akhtar

Indian Media Leverages Blockchain Tech to Verify General Election News

A Taiwanese blockchain tech firm is teaming up with journalists to fact-check the upcoming election in India in a battle against digital deception. Numbers Protocol says it employed the same approach during the 2020 US presidential election and the Jan. 2024 Taiwan presidential elections. In...

, by Shalini Nagarajan

MakerDAO Considers $600 Million DAI Allocation into USDe and sUSDe

MakerDAO is currently reviewing a proposal to invest $600 million in DAI into USDe and its staked version sUSDe. According to a community forum post by MonetSupply from Block Analitica, a risk intelligence firm for decentralized finance (DeFi), the proposed investment seeks to leverage the DeFi...

, by Hongji Feng

Crypto Exchange Listing and Delisting Announcements: April 1, 2024

Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today. Have we missed something? Do you have information about new listings and/or delistings? Let us know...

, by Mao Orillana

Bitfarms Reports Slight Dip in Bitcoin Production for March 2024 Despite Expansion Efforts

Bitfarms reported a slight dip in its Bitcoin (BTC) production for March 2024, as it produced 286 BTC, reflecting a decrease of 5% from February and 33% year-over-year.

, by Hassan Shittu

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