Konami partners with Avalanche to launch the NFT platform Resella, promising zero gas fees and high data speeds. This move, leveraging Konami’s iconic franchises, aims to enhance Web3 gaming and expand NFTs’ utility. #NFTs #Web3
The @CFTC is investigating Jump Crypto for its trading activities. Jump Crypto faced a $300M loss in the FTX collapse and donated $10M to the Fairshake PAC. This highlights growing regulatory scrutiny in the crypto sector. #CryptoNews
? 1inch partners with Blockaid to launch 1inch Shield, a new security solution for DeFi. Supported by TRM Labs, it detects fraudulent tokens and monitors for illegal activities. Aims to set a new security standard in crypto, enhancing user trust. #DeFi #CryptoSecurity
Polkadot researchers propose reducing the staked $DOT unbonding period from 28 days to 2 days, introducing a flexible mechanism to enhance user experience while maintaining network security. #CryptoNews #Polkadot
Bitstamp, now owned by @RobinhoodApp, lists meme coin Bonk (BONK). Trade BONK in USD & EUR globally (except US & Singapore) via their apps. Bitstamp’s regulated EU status boosts its role in emerging crypto. #CryptoNews
Pendle token surged 25% as @CryptoHayes invested $500K. Pendle’s TVL hits $6.9B, now the 5th largest DeFi network. Offering up to 25% yields, it attracts 27,686 holders. Hayes’ move boosts market confidence. #CryptoNews
Kraken’s Chief Security Officer, Nick Percoco, confirmed the recovery of $3M after @Certik_io exploited a bug to withdraw funds, claiming it as a bug bounty. Kraken denounced it as extortion. The incident highlights the critical need for robust cybersecurity. #CryptoSecurity
MicroStrategy (@MicroStrategy) has acquired 11,931 Bitcoins for $786M, bringing its total to 226,331 BTC, now worth $15B. This strategic move, funded by convertible notes, solidifies its position as the second-largest Bitcoin holder. #CryptoNews
Consensys founder Joseph Lubin remains hopeful that the U.S. SEC’s crypto hostility will soon end. The SEC has closed its 14-month investigation into $ETH, marking a major win for the industry. Consensys continues seeking regulatory clarity for Ethereum. #CryptoNews
India’s Financial Intelligence Unit fined @Binance $2.25M for AML violations and not registering with the FIU. Binance hasn’t responded publicly. This highlights the importance of regulatory compliance in India’s booming crypto market. #CryptoNews
Binance (@binance) appeals a $4.4M fine from Canada’s FINTRAC for AML violations, claiming services weren’t aimed at Canadians. Recently exited Canadian market due to regulatory issues. Faced legal battles in multiple countries. #CryptoRegulation
Blockchain can enhance online privacy by decentralizing services, as noted by @KeeJefferys of Session. Highlighted by Snowden’s 2013 revelations, blockchain helps avoid mass surveillance and data breaches, like 2022’s affecting 350M users. #PrivacyMatters
Ripple’s CLO Stuart Alderoty criticizes SEC for ambiguous decision on Ethereum 2.0 probe, raising concerns over regulatory consistency. $ETH’s classification remains unclear, fueling debate on fairness in crypto regulation. #CryptoRegulation
Montenegro PM Milojo Spajić invested $75K in Terraform Labs in 2018, buying 750,000 Terra Classic ($LUNC) tokens at $0.1 each. These peaked at $119 in 2022 before crashing to zero, potentially costing Spajić $90M. He claims the investment was through Das Capital SG. #CryptoNews
