Month: August 2023

Retired pro soccer star Ronaldinho Gaúcho has testified at a congressional hearing in Brazil, denying his involvement in an alleged $61 million crypto pyramid scheme that bore his name. On Aug. 31 Ronaldinho appeared before a parliamentary committee inquiry where he refuted any role in the scheme called “18kRonaldinho” that promised 2% daily returns on […]

Cryptoasset businesses in the United Kingdom could now begin withholding certain crypto transfers to comply with the new Travel Rule for crypto that came into effect on Sept. 1. The rules targeting virtual asset service providers were first introduced by the Financial Conduct Authority on Aug. 17, and see to it that VASPs based in the […]

Our weekly roundup of news from East Asia curates the industry’s most important developments. Thailand’s crypto UBI Thailand may soon have a national airdrop in the works where every citizen 16 years and older will receive 10,000 Baht ($285).  According to local news reports on Aug. 30, Thailand’s ruling Pheu Thai party will consult the […]

Maker price jumped Thursday, hitting intraday highs above $1,186. MKR was paring some of the gains as crypto slumped, with prices around $1,141 at the time of writing. Data showed whales have been busy since early July, accumulating over 61.5k MKR. Maker (MKR) price has witnessed an impressive upside over the past 24 hours, breaking […]

USBTC to host 8,500 miners belonging to Celsius at its Alpha Site. Hashrate of these machines is estimated to be 820 petahash (PH). Us Bitcoin Corp expects to be managing over 310,000 miners in total. US Bitcoin Corp is in focus today after the mining company announced a deal with the bankrupt cryptocurrency platform Celsius […]

The United States Securities and Exchange Commission (SEC) has postponed its decisions on five applications for spot Bitcoin exchange-traded funds (ETFs).  According to SEC filings dated Aug. 31, the commission has designated a longer period in which it may review spot Bitcoin (BTC) ETF applications from WisdomTree, VanEck, Invesco Galaxy and Valkyrie, as well as the Wise […]

Binance Labs, the venture capital and incubator arm crypto exchange Binance, announced ColLabs today. The invite-only channel will bring together a Web3 investment and financing community for founders and investors. Binance is stepping up its role as a leading player in the growth of Web3 by unveiling a new investment program aimed at builders, founders […]

Bulgarian decentralized lending platform Nexo has unveiled a crypto-powered debit and credit Mastercard for citizens of the European Economic Area (EEA). According to the Aug. 31 announcement, the Nexo Card will allow users to spend their euro, U.S. dollar, and British pound stablecoins via debit transactions at over 100 million merchant terminals worldwide. Up to […]

Valicit is a blockchain-based ticketing platform built on Venom. Numi Stories is a mobile app in which kitsch anime-style characters embark on musical adventures. Venom’s design focuses on making the protocol attractive to enterprises, NGOs, and governments that might wish to build on it. The Venom blockchain-based blockchain ticketing company Valicit has reported exceptional demand […]