LidoDAO Debuts wstETH on Coinbase’s Base Network
LidoDAO, the decentralized autonomous organization governing the Lido protocol, has officially launched its Wrapped Staked Ether (wstETH) on Coinbase’s Base network. This significant development, announced on November 8, 2023, marks a new chapter in the protocol’s expansion, allowing users to trade and utilize wstETH within the Base network’s burgeoning DeFi ecosystem. Lido, renowned for its […]
EBA Sets the Stage for Stablecoin Regulation in Europe
The European Banking Authority (EBA) has taken a significant step towards the regulation of stablecoins within the European Union by releasing a detailed consultation paper. This document outlines the proposed liquidity requirements for stablecoin issuers, aligning with the Markets in Crypto-Assets (MiCA) framework. The EBA’s initiative mirrors efforts in the UK to create a robust […]
Bitget’s Bold Fusion: Web3 Wallet Meets CeFi Platform
In a strategic move that bridges the gap between decentralized finance (DeFi) and centralized finance (CeFi), Bitget has announced the integration of its Web3 wallet with its exchange platform, heralding a new era of synergy within the crypto space. This integration is a significant step for Bitget, a prominent player in the crypto exchange market, […]
Cool Cats Leap into Anime: Animoca Brands Japan’s New Venture
Animoca Brands Japan, alongside KLKTN, has announced a strategic partnership with Cool Cats Group, aiming to catapult the Cool Cats brand into the vibrant Japanese anime market through the innovative use of web3 technology. This collaboration marks a significant milestone, with Animoca Brands Japan acquiring a stake in Cool Cats Group and KLKTN securing Cool […]
IRS Crypto Tracking May Lead to Spike in Seizures
The Internal Revenue Service’s (IRS) latest proposal to ramp up cryptocurrency surveillance could signal an impending wave of asset confiscation, leveraging the vast data from an expected 8 billion new returns. This initiative aligns with the Department of Justice’s (DOJ) aspirations, as outlined in a 2022 report responding to Executive Order 14067, to broaden its […]
ORDI Soars on Binance Listing: A Look Ahead
The cryptocurrency market has been abuzz with excitement as Ordinals (ORDI), the native token of the Bitcoin Ordinals protocol, experienced a dramatic price surge of over 90%, reaching a four-month high of $10.40 on November 7. This rally coincided with the announcement of ORDI’s listing on the Binance exchange, a move that has significantly boosted […]
MetaBID’s BTC Auction Stirs Market Excitement
MetaBID, the innovative digital asset auction platform, has witnessed a staggering surge in user engagement within just 48 hours of its launch on November 4. The platform’s user base is rapidly expanding, with participants eager to dive into auctions that are reshaping the Web3 auction domain. Since its inception, MetaBID has been bustling with activity, […]
MaestroBots Secures User Trust with Full Refund After Exploit
In the wake of a smart contract exploit targeting MaestroBots, a well-known cryptocurrency trading bot on Telegram, the company has demonstrated its commitment to user trust and security by issuing a full refund to the affected parties. On October 24, an exploit of the Maestro Router 2 contract led to the unauthorized withdrawal of 280 […]
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