CEX trading volumes fell to 4-year lows even before Binance, Coinbase suits
Trading activity on centralized exchanges has dropped to its lowest point in over four years due to increased oversight from U.S. regulators and legislators. According to a June 7 report…
Polygon Labs president testifies on democratizing the internet with Web3, blockchains
On June 7, the Subcommittee on Innovation, Data and Commerce of the United States House of Representatives Energy and Commerce Committee convened to debate blockchain technology and the potential of…
NFT platform Enjin forks Polkadot parachain Efinity to new mainnet
Enjin, a non-fungible token (NFT) platform, has declared its shift to a mainnet called Enjin Blockchain, with the intention of furthering Web3 acceptance. Following this transition, its Polkadot parachain, known…
Ripple case more crucial than ever amid Coinbase, Binance SEC crackdown: Lawyers
The lawyers in the field of cryptocurrency informed Cointelegraph that the judges in charge of the legal proceedings against Coinbase and Binance will likely observe the outcome of the SEC…
SEC is killing innovation in the United States — 1inch co-founder
The SEC’s actions against Coinbase and Binance could lead to a major departure of Web3 and cryptocurrency service providers from the United States. Sergej Kunz, one of the co-creators of…
Cosmos-based DeFi lending protocol Nolus joins Cointelegraph Accelerator
Crypto lending has grown to be a key component of decentralized finance (DeFi), allowing individuals to loan and borrow digital resources through protocols created for that purpose. By using crypto…
Crypto ads face stricter rules, referral bonus ban by UK FCA
The Financial Conduct Authority (FCA) of the United Kingdom declared in an announcement on June 8th that from October 8th, 2023, those advertising crypto services in the U.K. will be…
EU to use blockchain for educational and professional credential verification
The European Commission has taken steps to establish educational and professional qualifications that can be authenticated across borders. On June 7, Protokol, a provider of Web3 and blockchain solutions, announced…
Cumberland Labs unveils SaaS API for public blockchains and DeFi protocols
Cumberland Labs Unveils SaaS API for Public Blockchains and DeFi Protocols Cumberland Labs has unveiled a Software-as-a-Service (SaaS) API for public blockchains and decentralized finance (DeFi) protocols. The API is…
Cathie Wood’s ARK loads up crypto bags, buys $19.9M Block shares
Cathie Wood and ARK Invest Buying Block Inc Shares Cathie Wood and ARK Invest have recently made a significant purchase of Block Inc shares, amounting to $19.9 million. This purchase…