Crypto exchange Kraken is reportedly under investigation for allegedly violating federal sanctions and providing services to Iranians. The US Department of Treasury is investigating Kraken, the NYTimes sources said. The US Treasury Department has been keeping Kraken under the radar since 2019 and is also imposing a fine on the exchange, according to the news…
Risk-mitigated approaches to crypto could offer the benefits of holding it but with less downside, writes Christopher Robbins on CoinDesk. The key to long-term investing success in cryptocurrencies is really no different than it is for investing in any other growth-oriented, volatile asset class: Time in the market beats timing the market. The problem is…
The Dubai Police announced that it plans to roll out the 2nd edition of its NFT collection during the Gulf Information Technology Expo (GITEX) 2022, which will be held between 10-14 October 2022. In this edition, the force will give out 150 free NFTs in a raffle draw, while about 23 million people showed interest…
Digital asset exchange Bitfinex and Tether, the project behind the troubled USDT stablecoin, have joined forces with peer-to-peer (P2P) protocol Hypercore to roll out a blockchain-powered video calling app Keet. The app, which represents a decentralized alternative to popular centralized communication apps such as WhatsApp and Zoom, is built on a fully encrypted platform for…
Aptos, a blockchain startup founded by former Meta employees, announced a $150 million round led by FTX Ventures and Jump Crypto on July 25. The round brought the startup’s total funds raised in 2022 alone to $350 million. According to Bloomberg, the startup’s latest raise includes new investors such as Griffin Gaming Partners, Franklin Templeton,…
Moonbeam, a smart contract parachain on Polkadot, announced a partnership with Cosmos-based decentralized exchange Osmosis on July 23 to enable cross-chain token swaps between the Polkadot and Cosmos ecosystems. Simply put, this integration means it will be easy to transfer tokens between the two different blockchain ecosystems. Axelar Network will serve as the bridge infrastructure…