Nansen Acquires Staking Firm StakeWithUS
Nansen purchased the staking service provider StakeWithUs, allowing customers to stake assets directly on the blockchain. In order to enable direct cryptocurrency staking through its platform, Nansen, a blockchain analytics platform, purchased StakeWithUs, a provider of non-custodial staking for more than 20 assets. Chief executive Alex Svanevik of Nansen stated in a news statement on […]
Tether, Tron, TRM Labs Partner to Combat Crypto Crime
The T3 Financial Crime Unit was established by TRON, Tether, and TRM Labs to work together to tackle illegal activities linked to USDT on the TRON network. The T3 Financial Crime Unit is a collaboration between the blockchain network TRON, stablecoin provider Tether, and blockchain forensic company TRM Labs. Its goal is to stop illegal […]
Coinbase to Face Shareholder Lawsuit Over SEC Risks
A New Jersey judge accepted a case against Coinbase for depicting a potential regulatory takedown. U.S. District Judge Brian Martinotti decided late on September 5, ruling that Coinbase stockholders could file a lawsuit against the cryptocurrency exchange for misrepresenting its position about the Securities and Exchange Commission’s filing of a civil complaint. The class action […]
Top Japanese Banks Test Cross-Border Stablecoin Transfers
MUFG Bank, Mizuho Financial Group, and SMBC, three of the largest financial institutions in Japan, plan to test cross-border stablecoin payments by utilizing SWIFT’s API. As part of “Project Pax,” a collaborative effort between Progmat and Datachain, three of the biggest financial institutions in Japan, Mitsubishi UFJ Financial Group, Mizuho Financial Group, and Sumitomo Mitsui […]
API3 Launches Oracle Solutions for Better DeFi Efficiency
A new wave of technologies, introduced by API3, aims to improve the speed, efficiency, and sustainability of decentralized finance. API3 enhances the DeFi infrastructure to guarantee developers’ greater performance and long-term growth. It is releasing its most recent technology, intended to enhance how DeFi protocols obtain real-world data, as per a press release. API3 is […]