Crypto

Binance, the world’s largest crypto exchange, expects to pay monetary penalties to settle probes into its business in the U.S., a top executive said, in a major about-face after publicly disputing the idea that it was under any investigation and mocking media outlets that reported otherwise.

The U.S. Securities and Exchange Commission proposed a new rule on Wednesday that may back crypto companies further into a corner as regulators continue to crack down on the space. The SEC voted 4-1 for a proposal that would direct registered investment advisers (RIAs) — like wealth managers or h

Alongside, a crypto index-focused platform, has closed an $11 million seed round led by Andreessen Horowitz (a16z), the company exclusively told technewss. “At a high level, we're building what I describe as an on-chain Vanguard,” Austin Diamond, CEO and co-founder of Alon

Ordinals, an NFT-like project on the Bitcoin blockchain, has gained momentum over the past month, signaling a chance that a new frontier may be on the horizon for the biggest cryptocurrency. But in order to be the biggest, experts say its accessibility and security need to be improved. Over 90,000

Monad Labs, the team supporting the Monad blockchain, has raised $19 million in seed funding led by Dragonfly Capital, it exclusively told technewss. “Monad is an effort to fundamentally optimize smart contract platforms,” Keone Hon, co-founder and CEO of Monad Labs, said to T

In true Valentine's Day fashion, we're diving into the theme of love…and crypto? According to a new study by Binance, the world's largest blockchain by trading volume, crypto could have a positive impact on one's attractiveness. Yes, really. Approximately 83% of p

One of the biggest complaints in the crypto world is that using the technology is, you know, kind of difficult. Users typically have to download a crypto wallet to transfer funds from one place to another or buy an NFT, something many find so challenging to access that they just don’t bother.

Caldera, a no-code web3 infrastructure platform, raised $9 million across two rounds, its co-founder, Matt Katz, exclusively told technewss. The startup was founded in March 2022 by Katz and Parker Jou, CTO of Caldera, in an effort to simplify the process of creating app-specific

Kraken has settled charges with the U.S. Securities and Exchange Commission (SEC) and is shutting down its on-chain staking program, the government agency shared on Thursday. The exchange, which was charged under its subsidiaries of Payward Ventures and Payward Trading, will pay $

Coincover, a digital asset protection company, has raised $30 million in funding led by Foundation Capital to protect people and their digital assets from hacks or human error, David Janczewski, CEO and co-founder of Coincover, shared with technewss. “We made this investment

Last year was tough for cryptocurrency markets as many prices plummeted. But bitcoin has had a strong rally so far this year, and some mining experts see this as an opportunity for the space to stage a comeback. When bitcoin prices dropped to $16,000 in late 2022, profits were getting squeezed, And

Artist Mason Rothschild thought he was sitting on a “goldmine” when he began creating digital versions of the iconic Hermès Birkin handbag and selling these as NFTs. Among them was an animated piece called “Baby Birkin” that depicted a human fetus floating inside and which

Over the weekend, FTX and affiliated debtors sent confidential letters to politicians, PACs and other recipients of donations to return the funds given by the formerly massive crypto exchange. It might seem like an odd request, but it was unsurprising to some legal experts who keep tabs on the spac

Binance Holdings plans to return to South Korea after pulling out of the market in 2021. The world’s largest cryptocurrency trading platform by volume said it had acquired a majority stake in South Korea-based crypto exchange GOPAX.  In November, GOPAX suspended customer withdrawals from it