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Binance to Halt Ethereum Deposits and Withdrawals During Maintenance

Binance – the world’s largest cryptocurrency exchange – will perform maintenance on its Ethereum wallet in about five days. Users will be unable to use their self-hosted wallets to interact…

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Voyager Digital Restricts Users to a Maximum Withdrawal of $10,000 Amid 3AC Exposure Risk

Voyager Digital recently announced a $200 million loan from Alameda Ventures amid publicizing a $612 million exposure to Three Arrows Capital. Users are now reporting that the platform’s withdrawal limit…

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ApeCoin Market Cap Tumbles More Than $2.5 Billion in May

ApeCoin remains a top 50 digital asset by market capitalization in June 2022. APE closed the fifth month of the year with a market value of approximately $1.97 billion While…

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Auckland Father Sells Family Home, Wants to Be Paid in Bitcoin

An Auckland father of six is selling his family home in Auckland, with all proceeds to be paid in bitcoin. Altar Peni said he and his wife had spent months…

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A Few Quant Hedge Funds Make Profit From Cryptocurrency Crash

A small group of hedge funds are profiting from turmoil in the digital asset market that has already wiped trillions of dollars off the total value of cryptocurrencies. Many large…

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Tether to Launch British Pound-Pegged Stablecoin Named GBPT in July

The leading stablecoin company, Tether, is expanding its stablecoin offering with a new cryptocurrency pegged to the British pound sterling called GBPT. The upcoming coin will launch in early July…

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Meta set to begin testing NFTs on Instagram Stories with Spark AR

“Creators and collectors will be able to share their digital collectibles across Facebook and Instagram after we begin rolling out the feature on Facebook with select US creators at a…

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China warns Bitcoin is heading to zero but BoE looks on the bright side

The Chinese government banned Bitcoin mining last July and has grand plans to launch its central bank digital currency called the digital Chinese yuan nation-wide. Chinese national news media agency…

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Ethereum Scaling Platform Polygon Claims to Achieve Carbon Neutrality

Polygon, an Ethereum scaling platform, is onboarding millions to Web3. According to a press release issued yesterday, the platform says its network has reached carbon neutrality. The milestone was hit…

ProductGeeks

GovSlack by Slack. A digital HQ to support secure government work

A dedicated instance of Slack designed to meet the security needs of government organizations and their partners

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Luxury Giant Gucci Files 5 Trademark Applications for NFT and Metaverse

Luxury brand Gucci has filed five trademark applications for its name and logo, covering NFT-backed media, crypto brokerage, exchanges, marketplace services, virtual clothing, vehicles, real estate, fashion shows and currency…

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Crypto.com Gets Approval from Monetary Authority Of Singapore

Today Crypto.com announced that The Monetary Authority of Singapore (MAS) has given its Major Payment Institution License preliminary approval to Crypto.com. Once permission is granted, this license will allow Crypto.com…

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Blockchain Research Firm Chainalysis to Provide 24/7 Hotline for Crypto Crime Victims

The Crypto Incident Response hotline will function 24/7, and victims will be paired with a team of investigators from Chainalysis who will trace and label the funds in Chainalysis’ program.…

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Europe Is Currently Not on Track to Regulate DeFi: European Commission Advisor

“We’re currently not on track to regulate DeFi because it’s very rare to have something truly decentralized,” Peter Kerstens, an advisor for financial sector digitalisation and cybersecurity at the European…

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Tether to Undertake Full Audit to Improve USDT Reserves Transparency

Tether, the world’s largest stablecoin with $68 billion in assets, will undertake a full audit with a top 12 accounting firm in order to improve transparency of its USDT reserves.…

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Edward Snowden: Bitcoin “still works whether the price is $60,000 or $6”

The former NSA and CIA contractor was attracted to Bitcoin’s pseudonymity and utility. “It still works whether the price is $60,000 or whether the price is $6,” Edward Snowden said.…