Category: Latest news

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[ad_1] Ad Brokerage and stablecoin issuer Paxos said it had not been denied a national bank charter from the Office of the Comptroller of the Currency (OCC). On Feb. 7, rumors emerged that the OCC had denied Paxos its bank charter — arising from the preliminary approval that Paxos obtained from the OCC, which was…

[ad_1] Ad The total market cap of the NFT collections deployed on Ethereum (ETH) recorded a 59.6% drop in 2022, according to a DappRadar report. The aggregate market cap of the ETH-based NFT projects started the year 2022 at $9.3 billion and ended at $3.7 billion, according to the report. However, numbers from January indicate…

[ad_1] Ad A new Chainalysis report has found that sanctions have not dampened the presence of darkweb marketplaces that traffic illicit drugs and services on the internet. The report found an unusual decline in revenue from the previous year. Darknet market and fraud shops revenue, 2020-2022 (Source: Chainalysis) According to Chainalysis, a blockchain intelligence company,…

[ad_1] Ad Gary Gensler, chair of the U.S. Securities and Exchange Commission, attempted to cast new restrictions on staking in a positive light during a video on Feb. 9. Gensler says disclosures will benefit investors In his “Office Hours” series on YouTube, Gensler said: “When you sign on the dotted line or accept the terms…

[ad_1] Ad DeFi’s total value locked (TVL) recorded an increase of 26.82% in January to reach $74.6 billion, according to DappRadar’s January Industry report. “The DeFi market showed signs of recovery in January 2023,” the report stated, as the TVL recorded a rise in January. DeFi TVL (Source: DappRadar) Currently, DeFi TVL is at an…

[ad_1] Ad Founders of bankrupt crypto hedge fund Three Arrows Capital founders Zhu Su and Kyle Davies, in collaboration with CoinFLEX co-founders, have launched the “first public marketplace for crypto claims” Open Exchange. According to a Feb. 9 Twitter thread, Open Exchange (OPNX) said there is “a $20 billion market of claimants”  desperately searching for…

[ad_1] Ad Charles Salvador ‘Bronson,’ who was first imprisoned in 1974 for armed robbery and has since become known as the UK’s “most violent” prisoner, is launching an NFT collection that features his artwork. Bronson, who now calls him Charles Salvator, has not left jail since 1974 due to repeated offenses against both staff and…

[ad_1] Crypto miner Bitfarms has settled a $21 million debt owed to bankrupt crypto lender BlockFi with a one-time cash payment of $7.75 million, according to a Feb. 9 press statement. Bitfarm agreed with BlockFi to restructure the debt and pay off the outstanding principal and interest in one transaction. The original loan is a…

[ad_1] Ad The Russian government announced on Feb. 8 that it would start providing direct financial support to a cryptocurrency mining operation set to launch in Siberia later this year.  According to Russian media, The Bitriver-B company will manage and operate the facility with 30,000 crypto-mining machines. It will employ 100 workers and run on…