Solana Labs Launches Web3 Incubator Program
On October 26, Solana Labs unveiled a brand-new incubator program for developers offering fundraising support for projects on the Solana blockchain. The “Solana Incubator” program will provide fundraising, development, networking, and marketing assistance to web and blockchain initiatives that wish to build on Solana’s platform. The Solana Incubator will accept submissions until November 30. Accepted […]
Elliptic: Hamas Did Not Raise Millions in Crypto
Elliptic, a blockchain analytics firm, has debunked the claims that Hamas raised millions of dollars via crypto to fund its attacks on Israel. Elliptic said that crypto donations to Hamas are insignificant compared to other funding sources. Elliptic’s report was prompted by an article published by the Wall Street Journal on Oct. 10, which alleged […]
CyberConnect Surges 31% After Binance Labs Investment
CyberConnect, a web3 social platform, has seen its native token CYBER soar 31% in the last 24 hours after Binance Labs announced a follow-on investment in the project. CyberConnect aims to empower users to create and control their social applications. The decentralized social network enabling users to create and control their social applications, has experienced […]
UK Passes Economic Crime and Corporate Transparency Bill
Legislators in the UK have passed the Economic Crime and Corporate Transparency Bill legislation, allowing authorities to seize and hold Bitcoin and other cryptocurrencies used for illicit activities. According to official data on the U.K.’s Parliamentary Acts website, the Economic Crime and Corporate Transparency Bill is expected to receive royal assent on October 26. This […]
Coinbase to Argue Against SEC’s Securities Claims in Court
A federal judge granted Coinbase an oral argument for its motion for judgment on SEC pleadings. Coinbase claims that staking services are not investment contracts and digital assets are not securities, dismissing the action. Coinbase, the largest crypto exchange in the U.S., has secured an opportunity to present its case against the U.S. Securities and […]