Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating stories that fly under the radar of today’s crypto news.
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exchange news
- binance.us Launched a new feature called Pay, which allows users to send, request, and receive crypto with friends, family, and contacts on the exchange, Told the announcement. It offers instant settlement for nearly 150 supported cryptocurrencies, while all payment transactions involve zero gas and zero transaction fees.
legal news
- rosen law firm announced a class action lawsuit against Yug Labsits founders Wiley Arono and Greg Solano, and several other entities and individuals, including Paris Hilton, Kevin Hart, Justin Bieber, Gwyneth Paltrow and Serena Williams – on behalf of the purchasers of ” Era securities, which were sold in the form of various non-fungible tokens” (nft) And AppCoin (APE) Between April 23, 2021 and December 8, 2022. According to the lawsuit, the defendants “made false and misleading statements about Yuga’s growth prospects, financial ownership, and financial benefits to Yuga Securities investors” and “used celebrity promoters to lure unsuspecting investors to Yuga insiders.” sell unregistered securities,” it said.
- Howard G. Law Offices of Smith announced that a class action lawsuit has been filed on behalf of the investors who bought out Singularity Future Technology Limited F/K/A Sino-Global Shipping America Limited “Securities due between February 12, 2021 and November 17, 2022.” It claims that the company made materially false and/or misleading statements regarding various issues including, among other things, its crypto mining deal.
- A US federal judge ruled that Commodities Future Trading Commission ,CFTC) should serve oki dao With the lawsuit against the project, several news outlets informed of today. More specifically, the CFTC has been ordered to serve Tom Bean and Kyle Kistner, the founders of the decentralized trading platform. bZeroXOuki daoPredecessor of
banking news
- jewel banka bank licensed by Bermuda Monetary Authority to issue stable coinsannounced collaboration with polygon (matic) blockchain. Jewel Bank will release it in full Jewel USD (JUSD) The stablecoin on Polygon, “offers Jewel Bank’s full suite of banking services to the Polygon ecosystem of developers and institutions,” said a press release. It states that the Jewel USD stablecoin will maintain a reserve ratio of at least 1:1 with the US dollar.
- financial stability board ,fsb) said it is determined to hold crypto firms “to the same standards as banks[…]If they provide the same service that banks provide. Global Financial Services Regulatory Spokesperson Told The Financial Times reports that a new set of international rules governing cryptoassets will be drawn up by early 2023, to be enforced by local governments.
DeFi News
- Decentralized Finance (DeFiborrow protocol and builder Midwife stablecoin, MakerDAO, announced that it has approved the reactivation of the DAI Savings Rate (DSR) to provide a 1% fixed yield to holders who deposit their DAI in a DSR smart contract, said an announcement. The interest rate increase will be deployed and implemented on-chain on December 13, following approval by an executive vote by Maker governance.
- MerlinA DeFi portfolio tracker built by walkFinTech-turned-DeFi service provider announces it has integrated laser live, According to a press release, users of laser live Now you can access your DeFi performance analysis on Merlin directly from your hardware Purse, Soon, Merlin will allow investors to claim liquidity provider fees and rewards directly from its interface.
payment news
- crypto payment ecosystem coin pay partnered with Mirai Flights, a UK-based company that provides private charter services in Europe and the Middle East, enables travelers to book their flights using cryptoassets. An announcement said that “the company has seen a 30% increase in revenue since Mirai flights integrated Crypto Processing, a seamless crypto payment solution by Coinspeed.”
music news
- web3 entertainment company Hume announced that it hosted a songwriting boot camp in partnership with the Generative Audio Project blocktone at Art Basel Miami Beach. The camp brought together Web3 artist Reo Cragun and metastar Angelbaby, and was led by Stoller, the platinum executive producer and co-founder of Hume, and Gino Borri, co-founder of two-time Grammy Award-winning Blocktones.
mining news
- owner and operator of bitcoin (btc) mining facilities werewolf announced that it has restructured its previously announced purchase agreement with the mining hardware manufacturer BitmainEnables the company to “significantly expand its own mining capacity and fully utilize its 160 MW of available mining capacity, expected in Q1 2023,” Told Press release. It also announced that it raised new capital, ca. $10 million to repay convertible promissory note Yorkville Advisors Global Fully and is expected to simultaneously issue a notice to Yorkville to terminate the Additional Equity Purchase Agreement (SEPA).
career news
- Near FoundationNon-profit foundation supporting the development of the ecosystem of close protocolAnnounced several new executive appointments: Mary Beth Buchanan has been hired as strategic advisor, while Sheila Warren and Jason Warner have joined as partners. Near Foundation Council, Buchanan is a former US Attorney, and has also held a number of positions Kraken, bitstampand board of directors Cardano Foundation, Warren currently serves as the inaugural CEO of crypto council for innovationand Warner is the former CTO of github and on the current MD Redpoint Ventures,
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