On Monday, a group of Cosmos contributors released a new whitepaper that outlines a plan to add two new functionalities to the central blockchain of the Cosmos ecosystem called the Cosmos Hub. Cosmos is a blockchain network consisting of interoperable, application-specific blockchains. These chains ...
The ongoing downturn in cryptocurrency markets is giving global regulators “more time” to identify the weaknesses and work that needs to be done, says Jerome Powell, Chair of the U.S. Federal Reserve. “Crypto winter did not have a significant effect on the broader banking system and financial stabil...
Two new reports by the International Monetary Fund (IMF) on regulating stablecoins and unbacked cryptoassets have called on the Financial Stability Board (FSB) to set and lead global efforts on crypto regulation. The reports, published on Monday, state that the watchdog is "well placed to take the l...
Harpie, an on-chain firewall provider, announced it has raised $4.5 million seed round to protect users from crypto theft.  Leading the round is Dragonfly Capital, joined by Coinbase Ventures and OpenSea, according to a company release on Monday.  The startup aims to protect Ethereum wallet users by...
Dubai, UAE, 27th September, 2022, ChainwireOkse CEO Tobias Graf has revealed more information about the company's crypto Visa card. The Okse founder has shared his vision of a decentralized future in which crypto and fiat interchange seamlessly. Graf founded Okse with the mandate of making financia...
Busan, South Korea, 27th September, 2022, ChainwireH.E. Justin Sun, Founder of TRON, attended the Upbit Developer Conference (UDC) on Friday morning, September 23, in Busan, South Korea. Sun delivered a keynote speech titled "TRON Leads the Way to Web 3.0" via video link, suggesting Web 3.0 makes u...
Singapore, Singapore, 27th September, 2022, ChainwireMagic Square announced today that it has secured funding from Huobi Ventures for its first-of-its-kind Web3 App Store solution. By partnering with Huobi Ventures, Magic Square will be able to continue to develop its platform, accelerate the adopti...
FTX has won the auction for bankrupt lender Voyager Digital and its assets with a bid of around $1.4 billion, Voyager announced today. The bid reflects the more than $1.3 billion at fair market value of crypto stored on Voyager's platform, though the final value of the deal will be based on prices o...
Deribit, the largest bitcoin options exchange by market share, has raised funds from existing investors at a $400 million valuation, four sources with knowledge of the matter told The Block. The Panama-based exchange raised around $40 million in the deal, said two of the four sources. Its existing s...
The European Central Bank (ECB) is analyzing options for integrating decentralized ledger technology (DLT) into existing payment settlement systems, Fabio Panetta, an executive ECB board member, said in a speech on Monday during a symposium in Frankfurt dedicated to the topic of settlements.  But th...

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