Crypto mixers’ relevance wanes as regulators take aim
Cryptocurrency mixers offer users a higher level of privacy and anonymity for their transactions, but often run into trouble with regulators. Go to Source Powered by WPeMatico
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Web3 Security Firm Certik Raises $88 Million in Series B3 Financing Round Led by Tiger Global and Others
Certik, a Web3 and blockchain auditing and security firm, has raised $88 million in its recent B3 funding round. The round, which was led by Tiger Global and included Goldman Sachs as an investor in the firm, gives the company a valuation of $2 billion. This doubles the valuation that Certik reached via its last … Read more
Unhosted is unwelcome: EU’s attack on noncustodial wallets is part of a larger trend
Regulators on both sides of the Atlantic seem to be nervous about people transacting with their wallets. Go to Source Powered by WPeMatico
EU Parliament can outlaw transacting with ‘unhosted’ wallets, crypto advocate warns
The proposed legislation would require exchanges to verify personal data behind any transaction. Go to Source Powered by WPeMatico
Privacy coins are surging. Will regulatory pressure stall their stellar run?
Many privacy coin developers are convinced that all the necessary mechanisms to regulate AECs are already in place. Go to Source Powered by WPeMatico
DEXs and KYC: A match made in hell or a real possibility?
Decentralized exchanges must figure out how to up their Know Your Customer compliance before the regulation wave hits. Go to Source Powered by WPeMatico
Animoca Brands, Yuga Labs Tease Bored Ape Secret Project ‘Powered by Apecoin’
Since the token was launched roughly three days ago, the digital currency apecoin (APE) has been a topical conversation within the cryptocurrency community on forums and social media. So far, just over 82% of the claimable APE has been claimed and 13,672 unique addresses have received APE from the airdrop. Meanwhile, the Bored Ape Yacht … Read more
Yuga Labs faces user backlash for under wraps KYC-restricted project
Since Yuga Labs partnered with Animoca brands, other plans for a blockchain game expected to release in Q2 of 2022 have been revealed. Go to Source Powered by WPeMatico
Binance Launches Bitfinity, a Payments Company Targeting the Web3 Economy
Leading cryptocurrency exchange Binance has announced the launch of its own payments processing company, Bitfinity. Bitfinity will act as the default fiat-to-crypto payments ramp for the exchange, as well as for other blockchains. With this launch, Binance also targets the expanding Web3 economy, partnering with Paysafe and Checkout.com. Bitfinity Launches to Help Merchants Accept Crypto … Read more
Are crypto and blockchain safe for kids, or should greater measures be put in place?
Age verification and educations around the implications of blockchain technology should be enforced for minors dabbling in the crypto space. Go to Source Powered by WPeMatico
