Blockchain
EU regulators propose nixing crypto exchange licenses over money laundering breaches
Cryptocurrency exchanges should lose their licenses in case of severe breaches of anti-money laundering (AML) rules, EU regulators have recommended in a report on June 1 The post EU regulators
Blockchain
Ex-OpenSea exec faces up to 20 years in prison over NFT insider trading
A former executive of OpenSea, Nate Chastain, faces up to 20 years in jail after being charged with wire fraud, money laundering and his alleged use of privileged insider information to enrich
Blockchain
Binance Labs launches $500M fund to back Web3 projects
Binance Labs, the venture capital and incubation arm of cryptocurrency exchange Binance, has closed a new $500 million fund, the company announced on June 1 The post Binance Labs launches $500M fund
Blockchain
Human Data Income (HUDI) believes your data is yours to monetize
The business of data monetization is the cornerstone of the digital economy as we know it The post Human Data Income (HUDI) believes your data is yours to monetize appeared first on
Blockchain
NBA sponsorships hit record high of $1.6B on the back of crypto, tech deals
Crypto deals led to record sponsorship revenue for the NBA, reaching $16 billion in the 2021-22 season, CNBC reported, citing research data from IEG, a sports partnerships consultancy firm The post
Blockchain
Trouble at Celsius Network? Users report difficulties withdrawing funds
Celsius Network is feeling the heat following allegations that suggest all is not well at the lending and borrowing platform The post Trouble at Celsius Network Users report difficulties withdrawing
Blockchain
Optimism airdrops token amid high demand and drama
Ethereum layer-2 solution, Optimism, has airdropped its OP governance token to around 249,000 wallets in the early hours of June 1 The post Optimism airdrops token amid high demand and drama
Blockchain
BNB Chain technical roadmap released, here’s what to expect
BNB Chain released its new technical roadmap at the BNB Chain Revelation Summit event, which ran for five hours on May 31 The post BNB Chain technical roadmap released, here’s what to expect
Blockchain
Binance CEO orders investigation following FatManTerra’s allegations
Taylor Locke, a reporter for Fortune magazine, has confirmed that Binance is looking into allegations levied against Terra LUNA by FatManTerra on Twitter The post Binance CEO orders investigation
Blockchain
Validator leaks secret LUNA ‘war room’ chat logs
THORmaximalist, a Terra validator, released the full chat logs of the events leading up to the launch of LUNA 2 The post Validator leaks secret LUNA ‘war room’ chat logs appeared first
Blockchain
Terraform Labs caught moving $4.8M through shell company
It appears that Do Kwon may be in for more legal trouble as allegations arise accusing him of further financial crimes The post Terraform Labs caught moving $48M through shell company appeared first
Blockchain
Terra confirms that some users received less LUNA than expected from the airdrop and is working on a solution
Developers behind the Terra Classic (LUNC) – formerly Terra – cryptocurrency and TerraClassic USD (USTC) – formerly TerraUSD (UST) – stablecoin launched Terra 2 (LUNA) in an