ESMA Updates Crypto Staking Services Law Under MiCA
The European Securities and Market Authority (ESMA) has released an updated Q&A regarding specific guidelines, including providing crypto staking services under MiCA. According to the European securities regulator, the Markets in Crypto Asset Regulation does not prohibit staking features for crypto firms. Due to the absence of specific provisions for staking in the MiCA, a […]
Nigeria’s Blockchain Growth Depends on Local Talent – Experts
Local experts in Nigeria believe the country’s local talents will help develop its blockchain future rather than adopting a foreign blockchain. Nigerian blockchain and data specialists have provided their perspectives on the National Information Technology Development Agency’s (NITDA) initiative to create an indigenous blockchain known as “Nigerium.” This ambitious undertaking aims to enhance national security […]
Dough Finance Faces $1.8M Flash Loan Exploit
Decentralized Finance protocol Dough Finance experienced a flash loan exploit that resulted in losing $1.8 million in digital assets. Cyvers, a security firm that operates on the Web3, reported on July 12 that they had identified numerous suspicious transactions. The organization corresponded with lending protocol Aave to determine whether pools were affected. Nevertheless, the security […]
EU Confirms Blockchain for Sustainable Solutions Partnership
The European Union has reaffirmed its commitment to collaborating with ChromaWay to create blockchain-based sustainability solutions. This decision was made on July 12 in response to ChromaWay’s presentation at the EU Pre-Commercial Procurement (PCP) final review meeting, which demonstrated progress in decentralized applications for Digital Product Passports (DPP) and intellectual property (IP) rights. Relational blockchain […]
Genesis-linked Address Transfers $720M BTC to Coinbase
In the past month, a crypto wallet associated with Genesis Trading has transferred nearly $720M in BTC to the Coinbase exchange, suggesting the potential initiation of asset liquidations. During the past 30 days, the Genesis Trading-labeled wallet has transferred over 12,600 Bitcoin BTC, equivalent to approximately $719.9 million. The majority of these transactions were between […]