News
Ronaldinho denies part in alleged $61M crypto scam at congressional hearing
The former pro soccer player said in a congressional hearing that his likeness was improperly used to market an allegedly fraudulent crypto scheme. Retired pro soccer star Ronaldinho Gaúcho has testified at a congressional hearing in Brazil, denying his involvement in...
Vivek Ramaswamy: Grayscale win ‘clears a path’ for Bitcoin innovation
The Republican candidate also pledged to rescind all federal regulations that fail the Supreme Court’s major questions doctrine test in the West Virginia vs. EPA case — a potentially positive for crypto. United States presidential candidate Vivek Ramaswamy has lauded...
Binance launches crypto-to-bank account payment product in Latin America
Binance's Send Cash product will facilitate crypto payments from nine countries to bank accounts based in Argentina and Colombia. Cryptocurrency exchange Binance is expanding its offerings in Latin America with the launch of a new crypto-to-bank account payment...
Shibarium wallets surpass 100K after SHIB devs relaunch bridge
Shytoshi Kusama, the co-founder of the SHIB token, said the bridge was fixed with the help of Polygon Labs co-founder Sandeep Nailwal. Shibarium, a new layer-2 blockchain for Shiba Inu (SHIB) has surpassed 100,000 wallets on its platform with 35,000 coming within 24...
Friend.tech pronounced ‘dead’ after activity and fees tank
Buyers, sellers, inflows and transactions have all taken significant dives on the Friend.tech platform after its launch just over two weeks ago, prompting some critics to herald its death. Less than three weeks after its launch, the decentralized social network...
Tether CTO stays silent on Bitcoin mining locations
Tether’s chief technology officer, Paolo Ardoino dropped a hint that the operations are based in South America, but hesitated to reveal any more details beyond that. Paolo Ardoino, chief technology officer of stablecoin issuer Tether (USDT), recently found himself...
Crypto builders should ‘give up’ serving US customers for 5 to 10 years — dYdX founder
The founder of dYdZX argued that early-stage crypto projects can scale faster by ignoring U.S. customers, as they won't have to deal with the hassles of the U.S. regulatory climate. Antonio Juliano, the founder of decentralized exchange dYdX thinks that crypto...
Dropbox ditches unlimited storage offering, blaming crypto cloud miners
The storage platform turned to metered storage after discovering its Advanced plan was being used by some for crypto mining and other resource-intensive tasks. The online storage platform Dropbox has binned its unlimited storage plan after discovering some of its...
Tornado Cash indictment fails to show ‘clear violation’ of certain laws: Coin Center
Coin Center research director Peter Van Valkenburgh argued that crypto mixer Tornado Cash is an anonymizing software provider, not a money transmitter. Crypto advocacy group Coin Center has criticized the latest indictment of two former Tornado Cash developers,...
Binance.US taps MoonPay as banking alternative to regain USD ramps
After having its banking ties slashed, crypto exchange Binance.US has revived its U.S. dollar on-ramp through a new partnership with MoonPay. Two months after becoming a crypto-only platform, Binance.US has announced a new partnership with crypto payments firm MoonPay...