Crypto: Kraken under federal investigation in the US
Kraken is under federal investigation for violating US economic sanctions against Iran, Syria and Cuba.
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Crypto News
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The world of Web3 (crypto currencies, NFT, DeFi…) is constantly changing. Every day, news comes out from the four corners of the globe. So it can be difficult to keep track of all of them. Nevertheless, thanks to Coin Academy’s articles, you can stay informed on the latest news continuously. This way, all the crypto news will no longer have any secrets for you.
Crypto: Coinbase in the SEC’s sights?
The SEC is investigating Coinbase's activities to determine whether the company is offering unsecured securities to its users.
Regulation: Is the US moving towards softer crypto taxation?
Two US senators are introducing a bill that proposes a tax exemption on gains from cryptocurrency transactions. It is conditional.
Crypto: Blockchain company Aptos Labs raises $150 million
Crypto company Aptos Labs secures $150 million in Series A funding, co-led by FTX Ventures and Jump Crypto.
Crypto: Polygon launches its first zkEVM Layer 2 network
Polygon finally unveils its revolutionary new Layer 2 network with Polygon zkEVM.
Crypto: BNP Paribas bank gets into crypto?
French bank BNP Paribas is partnering with Metaco to launch a crypto-currency custody service.
NFT: Yuga Labs and Improbable unveil the Metaverse Otherside
This week, the "voyagers" were able to discover the extent of the Otherside Metaverse, created by Yuga Labs and Improbable, through a first game experience.
Crypto: 3AC owes $27m to Polkadot’s Moonbeam Foundation
According to court documents, the bankrupt fund, Three Arrows Capital, owes the Polkadot developer, Moonbeam Foundation, over $27 million.
Crypto: Dubai aims to become a reference in the metaverse
The city of Dubai has just unveiled its strategy for the metaverse, including the creation of 40,000 jobs in the sector.
Crypto: 3AC had borrowed $2.36 billion from Genesis
Three Arrows Capital is owed more than 2.36 billion. It is revealed that the fund has made several loans to Genesis and that under the terms of these loans, 3AC has been unable to meet its commitments.
Crypto: Celsius unveils strategy after bankruptcy proceedings
A document shared by Celsius Network reveals more about the company's strategy following the bankruptcy proceedings.
Crypto: TON Foundation launches $90M ecosystem fund
The TON Foundation is trying to rekindle interest and excitement in its project with the creation of a new $90 million ecosystem fund.
Crypto: Celsius accused of running a Ponzi scheme
Celsius is the target of a lawsuit accusing it of running a Ponzi scheme that led to its recent insolvency.
Crypto: Bitpanda fires a third of its employees
Crypto-currency platform Bitpanda has just announced the layoff of a third of its employees due to the bear market.
Crypto: CoinFLEX suspends withdrawals due to market conditions
After Celsius or Finblox, it is the turn of the CoinFLEX platform to announce the temporary suspension of its withdrawal services.
Crypto: FTX would like to acquire shares in BlockFi
Crypto-currency exchange FTX is interested in acquiring shares in the company BlockFi according to recent rumors.
Bitcoin: Coinbase launches derivative for brokers
The American giant, Coinbase, has just announced the upcoming launch of a derivative product for brokers.
Crypto: Solana Labs launches its new Web3 phone, the Solana Saga
Solana Labs has announced the launch of its first "web3 phone" and a new open source software kit for developers.
NFT: eBay acquires a major NFT marketplace: KnownOrigin
La célèbre place de marché eBay vient d’officialiser l’acquisition d’une marketplace NFT pour concrétiser son introduction dans le web3.
DeFi: $100M stolen in Harmony Horizon Bridge hack
The Horizon bridge of the Harmony blockchain was the target of a hack resulting in the loss of 592 WBTC, or more than 100 million dollars.
NFT: Ronaldo joins Binance in an exclusive partnership
One of the world's biggest soccer stars, Cristiano Ronaldo, has just announced a partnership with Binance to create NFT.
Crypto: Ledger launches NFT marketplace and Web3 services platform
Physical wallet company Ledger is moving into the heart of Web3 with a single goal of making this ecosystem more secure.
Crypto: Voyager Digital saved from debt by Alameda Research
Voyager Digital has disclosed that it is experiencing liquidity problems caused by Three Arrow Capital and is getting help from Alameda Research.
Crypto: Binance puts a stop to its derivatives France
Binance France announces a restriction on its derivatives and investment products as part of its compliance efforts.
Regulation: Japan regulates stablecoin issuance
Japan has just passed a law limiting the issuance of stablecoin to certain institutions in response to the fall of the UST.
Crypto: The FTX platform launches its trading service in Japan
FTX exchange decides to launch its trading service in Japan to serve its Japanese clients.
Regulation: Is the US about to ban the digital yuan?
Three US senators have just introduced a bill to ban the use of the digital yuan in the US.
DeFi: Brave browser joins the Solana network
Crypto-friendly web browser Brave has announced that it now supports the Solana blockchain via its dedicated wallet.
Crypto: SWIFT will probably no longer exist in 5 years!
Michel Miebach, CEO of Mastercard, believes that the SWIFT network will gradually disappear within five years.
DeFI: MetaMask partners with Asset Reality to fight scams
MetaMask and Asset Reality unveil a procedure to help scam victims recover their stolen crypto-currencies.
Regulation: Portugal delays taxation of crypto currencies
In Portugal, the parliament rejected two amendments to impose a tax on crypto currencies during the debate on the state budget.
Crypto: SBF spends $1 billion on US elections
Sam Bankman-Fried, founder of FTX, says he expects to spend up to $1 billion on the 2024 US elections.
Luna: The Terra community accepts Do Kwon’s proposal
The proposal for a new blockchain (LUNA) to replace the old one (LUNC) has just been accepted by the Terra community.
Crypto: StarkWare now has a valuation of $8 billion
Good news! Following a $100 million fundraising, StarkWare has surpassed $8 billion in valuation.
Ethereum: Immutable X unveils StarkNet NFT cross-rollup solution
Immutable X, Ethereum's second flagship layer for NFT development, has unveiled an interoperability solution for L2.
Crypto: Binance starts selling crypto currencies directly against fiat
New feature: Binance users can now sell their crypto currencies directly against fiat currencies.
Bitcoin: Balenciaga, crypto currencies as a means of payment?
Following its spring 2023 show, Balenciaga announced that crypto currencies would be accepted by the brand very soon.
Crypto: Japanese bank launches crypto platform
Sumitomo Mitsui Trust is launching a crypto platform to offer digital custody services to institutional investors in Japan.
Bitcoin: In Russia, a mining farm discovered in a prison
En Russie, le directeur d’une prison a été interpellé par les autorités pour la création d’une ferme de mining de crypto monnaies.
Luna: In Korea, the police ask for a freeze on LFG’s assets
After the Terra fiasco and the collapse of the Luna and UST tokens, the Korean police have reportedly called for a freeze of all Luna Foundation Guard assets starting with the crypto exchange platforms.
Crypto: BNP Paribas integrates JP Morgan’s blockchain
French bank BNP Paribas has joined the blockchain developed by US bank JP Morgan for short-term loans.
Crypto: Paypal wants to accept a wide range of cryptos
Paypal's vice president reveals that the platform may soon accept all forms of crypto currencies.
Crypto: Nigeria develops a platform on Algorand
Nigeria has announced a partnership with blockchain companies to develop a platform on Algorand.
Crypto: 10% of European households have invested in cryptos
According to a study by the European Central Bank, also known as the ECB, about 10% of European households have invested in cryptos.
Luna: In Korea, the police ask for a freeze on LFG’s assets
After the Terra fiasco and the collapse of the Luna and UST tokens, the Korean police have reportedly called for a freeze of all Luna Foundation Guard assets starting with the crypto exchange platforms.
Bitcoin: MicroStrategy confirms no plans to sell BTC
MicroStrategy's new CFO, Andrew Kang, has reaffirmed that the company will stick to its plan by not selling BTC.
Bitcoin: Crypto could become part of US retirement savings plan
Byron Donalds has introduced a bill in the US Congress to introduce Bitcoin into 401(k) savings plans.
Luna: CZ believes the LUNA / UST incident could have been avoided
Binance CEO Changpeng Zhao aka CZ expressed his views on the UST depeg saga and the subsequent LUNA inflation.
NFT: OpenSea presents its new protocol: Seaport
Open Sea, the world's largest NFT marketplace, has announced the release of a new marketplace: Seaport.
Luna: Avalanche reports on AVAX reserve held by LFG
In a thread, Avalanche provided details of the AVAX reserve held by the Terra ecosystem and in particular by the LFG.
Ethereum: The Merge should take place in August
At the Permissionless conference, Ethereum developers were reassuring about The Merge scheduled for August.
Crypto: Revolut prepares a DeFi wallet!
The British neobank continues its expansion and announces that it is working on a DeFi wallet. A wallet that will offer new features to its users.
Crypto: Tether (USDT) reassures on its dollar reserve
USDT issuer Tether has just published its quarterly report on its dollar reserve capacity.
Crypto: FTX starts trading listed shares
Shortly after acquiring 7.6% of Robinhood, SBF, the CEO of FTX announced that his exchange would now expand into equity trading.
Regulation: Russia to legalise crypto currencies
The Russian Minister of Industry and Trade has confirmed the future legalisation of crypto-currencies in Russia.
Bitcoin: SBF critical of Bitcoin’s value proposition?
SBF, the head of FTX, was pessimistic about the use of Bitcoin as a payment network in a recent interview.
Crypto: Meta, formerly Facebook, registers the trademark Meta Pay
Meta, formerly Facebook, has just registered its future trademark with the American Industrial Property Institute: Meta Pay.
Luna: Terraform Labs guilty of tax evasion in South Korea
Terraform Labs and Do kwon could be fined over US$78.5 million for tax evasion.
Luna: Binance pushes to recruit Terra developers
Binance has offered Terra's developers the opportunity to join the Binance Smart Chain developer team
Crypto: Robinhood unveils the imminent release of its crypto wallet
Financial services company Robinhood has announced the development of a crypto wallet to compete with Metamask.
DeFi: “Ledger Connect” mobile browser extension coming soon
Ledger launches an extension for Safari "Ledger Connect", allowing to connect its hardware wallet to Web3 applications.
NFT: Spotify tests the launch of NFT galleries
The popular music streaming application Spotify is currently testing the launch of NFT galleries on artists' profiles.
Luna: Justin Sun commits to compensate victims harmed by UST
Justin Sun, founder of TRON, pledges to compensate small investors impacted by the UST depeg with $10 million.
Bitcoin: El Salvador hosts international pro-Bitcoin event
From 16 to 19 May, El Salvador is hosting an international event to discuss the social and economic utility of bitcoin.
Luna: South Korea holds hearing on Terra and UST
The Korean authorities ask Terra's founder to participate in a parliamentary hearing on the collapse of LUNA and the UST.
Coinbase: Direct access to DeFi on ETH with the app!
Coinbase unveils its new Web3 application that allows certain users to access dapps on the Ethereum network (ETH).
Crypto: Brazil’s B3 exchange considers Bitcoin and Ethereum ETFs
In Brazil, the company responsible for the country's exchange activities announces the development of several Bitcoin and Ethereum ETFs.
Luna: Do Kwon returns with a new plan for Terra and the UST
Terra (Luna) founder takes to Twitter again to propose a rescue plan for Terra to save Luna and UST holders.
Luna: Elliptic tracks bitcoins held by the LFG
Blockchain data analysis company Elliptic unveils its investigation into bitcoins held by the LFG.
DeFi: Emergency vote on Osmosis to save UST holders
Following the recent UST depeg, an emergency proposal has been accepted by the Osmosis community regarding unbounding.
Regulation: UK reaffirms desire to regulate stablecoins
The recent collapse of TERRA reinforces the UK authorities' desire to regulate stablecoins.
Regulation: Portugal unveils future taxation of crypto currencies
Portugal, considered a European tax haven for crypto-currencies, unveils the contours of its future taxation.
Crypto: KuCoin, $10 billion valuation after its fundraising
Following its latest fundraising, the KuCoin exchange obtains the status of "decacorn" by reaching a valuation of $10 billion.
Crypto: Juno, the $36 million mistake!
A programming error led to the transfer of more than 3 million JUNO chips, or about $36 million, to the wrong wallet.
Crypto: Binance suspends withdrawals on the Terra network (LUNA)
Binance announced last night that it is suspending withdrawals of LUNA and UST tokens due to slow and congested network conditions.
Crypto: A 28% tax on crypto products and services in India?
The Indian Goods and Services Tax (GST) is considering adding a 28% tax on crypto products and services.
Crypto: Mining Capital Coin CEO accused of $62 million fraud
Suspected of fraud, the co-founder and CEO of Mining Capital Coin is facing legal action in the US.
Crypto: YouTube bans Web 3.0 channels without warning
YouTube has banned several channels offering crypto and Web 3.0 content such as Bankless, Optimism and Gabriel Haines.
Bitcoin.com: $33.6 million private sale of its VERSE token
Bitcoin.com announced on Thursday, May 5, 2022 that it sold $33.6 million of its new VERSE token during a private sale.
NFT: Instagram supports NFT from Ethereum, Solana, Polygon…
Following the announcement of non-fungible token (NFT) on Instagram, Meta will support NFTs from Ethereum, Solana, Polygon and Flow.
DeFI: UST, Luna’s stable corner deindexes from the dollar
The UST, the stable corner of the Luna ecosystem has temporarily de-indexed from the dollar, plunging the community into uncertainty. Explanation.
Bitcoin: In Portugal, a property sale paid for entirely in Bitcoin
In Portugal, a real estate transaction paid for entirely in Bitcoin reflects the country's desire to create an attractive framework for cryptos.
Crypto: Argentina bans its banks from providing crypto offerings
Argentina's central bank has announced a ban on the country's financial institutions offering crypto deals to their customers.
Crypto: Gucci accepts payments in crypto currencies
Luxury company Gucci unveils its strategy to accept cryptocurrency payments at its locations.
Crypto: BitMEX co-founders fined $30M
A US court in the Southern District of New York has ordered the three co-founders of the BitMEX platform to pay a fine totalling 30 million dollars. They had been prosecuted by the US justice system since 2020.
DeFi: Luna Foundation acquires $1.5 billion in Bitcoin to support UST
The Luna Foundation Guard announces the acquisition of an additional $1.5 billion of Bitcoin through an OTC (Over The Counter) sale.
Defi: The Opera browser allows direct access to the NBB Chain
The Opera browser has integrated the BNB Chain, the decentralized blockchain ecosystem formerly known as the Binance Smart Chain.
DeFi : Jump gets the domain name Wormhole.com after a trial
Jump Crypto, one of the companies behind the Wormhole bridge, has acquired the Wormhole.com domain name for $50,000 after a legal case was launched against a 79-year-old man from Nevada.
Crypto: Crypto.com reduces its payment card rewards
Crypto.com has announced that it is reducing the rewards offered by its credit card launched in 2018.
NFT: Elon Musk replaces his Twitter profile picture with Bored Ape
Elon Musk is promoting Bored Ape? Known in the crypto ecosystem for his extravagances and ambiguous tweets leading…
Crypto: Epic Games’ CEO prepares a Metaverse project
Tim Sweeney, the CEO of Epic game, shares his incredible metaverse project and his company's vision in it.
Crypto: Dubai to establish HQ in The Sandbox metaverse
Dubai's Virtual Assets Regulatory Authority (VARA) is taking a step forward by establishing a HQ in The Sandbox.
Crypto: Former Google CEO invests in cryptos
Former Google CEO Eric Schmidt is interested in the development of web3 and cryptos. Very confident about the future, he says it's only a "matter of time".
Crypto: Saudi Arabia plans to equip its administration with blockchain technologies
Saudi prince reveals that Saudi Arabia is exploring the possibility of using blockchain technologies. Talent could be recruited, and cryptos legalized.
Crypto: Binance denies transferring Russian user data to authorities
Yesterday, Binance denied accusations that a deal had been struck with Russian authorities to track donations that Alexei Navalny had received to help the opposition in the country.
Regulation: Binance limits its services to users residing in Russia
Russian nationals or natural and legal persons residing in Russia with a balance of at least 10,000 euros will be subject to a "withdrawal only mode" on spot, futures, staking and earning wallets.
DeFI: Justin Sun announces Tron’s algorithmic stablecoin, USDD
Justin Sun, founder of TRON, announced today on his Twitter account the launch of a new algorithmic stablecoin on the TRON blockchain: USDD.
Crypto: Coinbase to buy BtcTurk for $3.2 billion
Coinbase, set to sign a deal with Turkey's largest crypto exchange. BtcTurk buyout could reach $3.2 billion
Crypto: Binance destroys $741 million in NBB for its 19th burn
Binance performs its 19th BNB burn and burns 1,839,786 BNB or $741,840,738 million at the price of the trade.
