A business unit within Malta’s Chamber of Commerce has hit back at allegations it has failed to adequately discharge its regulatory duties over digital currency enforcement, following its initial early embrace of the sector back in 2017. The Virtual Financial Assets Agents Business Unit of the Malta Chamber of Commerce responded to allegations in local press that there were concerns […]

Blockfills, a digital asset trading company, announced on Thursday that it has closed a multi-million dollar funding round in May. This is the first outside capital the crypto startup has taken as it was running on bootstrapped capital till now. The round attracted some venture capital heavyweights like Susquehanna Private Equity Investments LLLP, CME Ventures, Simplex Holdings, Future Perfect Ventures, […]

Bitcoin network activity has decreased significantly due to the recent price volatility. The world’s largest cryptocurrency dropped below $29,000 earlier this week but posted a strong recovery yesterday after BTC jumped above $34,000. However, bearish market sentiment returned in the last 24 hours as Bitcoin dropped below $32,500. According to the latest data published by Santiment, the crypto analytics platform, […]

The non-fungible token (NFT) marketplace Rarible has revealed the company has raised $14.2 million in a Series A funding round. Rarible details the funds will be leveraged to take NFTs to the mainstream and announced integration with the consumer-centric blockchain called Flow. Rarible Raises $14.2M in Series A Funding Round On Wednesday, the NFT marketplace Rarible, a protocol for creating, […]

The decentralized finance ecosystem has been plagued by a variety of known scams and exploits for some time, with yet another coming in the form of what is known as a “soft rug”. Those that have been dabbling in DeFi for some time will be familiar with the term “rug pull”. This generally refers to the abandoning of a project […]

Ethereum attempted a decent recovery, but it failed above $2,000 against the US Dollar. ETH price is trimming gains and it might continue to move down towards $1,850. Ethereum failed to clear the $2,050 and $2,060 resistance levels. The price is trading well below $2,000 and the 100 hourly simple moving average. There is a crucial bearish trend line forming […]

Coinbase has unveiled a new tool that can automatically audit smart contracts built on Ethereum that use the Solidity programming language. Designed to be used by smart contract auditors, asset issuers, and other exchanges, the firm has plans to make the tool open source later this year In a June 23 post, Coinbase’s principal blockchain security engineer Peter Kacherginsky announced […]

The French central bank has announced the successful completion of a central bank digital currency experiment. The trial involved using the CBDC to simulate the settlement of listed securities in a test environment. Banque de France partnered with Swiss bank SEBA as well as two Luxembourg institutions. The French regulator conducted the experiment on June 18, it confirmed in a […]

A Canadian securities regulator is targeting one of the largest digital currency derivatives platforms over its alleged non-compliance. The Ontario Securities Commission has issued a statement of allegations against Bybit, accusing the company of operating in its jurisdiction without obtaining the required licenses. Bybit becomes the latest platform targeted by the regulator, with Poloniex and KuCoin also being accused of […]