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As the Solana ecosystem comes back from the aftershocks of the FTX liquidity earthquake, one of its leading automated market makers (AMM), Orca, announced a new integration.The AMM revealed a new Stripe integration which will power its fiat-to-crypto onramp, to make decentralized finance (DeFi) more accessible to users both in
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The bill, authored by deputy Aureo Ribeiro, establishes a new crime of fraud involving virtual assets, with a penalty of between two and six years plus a fine. It also stipulates the creation of a “virtual service provider” license, which is to be requested by companies, including exchanges and other
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Binance and other top crypto exchanges halted stablecoin deposits from the Solana (SOL) blockchain. The companies released an official statement claiming that the measure will be temporary, but it could have harmful implications for the SOL ecosystem. Solana (SOL) trades at $13.5, with a 5% loss in the last 24 hours
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The debtors – what remains of the company – “have credible evidence that the Bahamian government is responsible for directing unauthorized access to the Debtors’ systems for the purpose of obtaining digital assets,” after legal proceedings began in the U.S. on Nov. 11, said the filing, attributed to FTX Trading. Original
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MakerDAO’s new tech, Maker Teleport, enables users of the DAI stablecoin to circumvent Ethereum’s jam-prone base layer. Source
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The 12-week proof-of-concept pilot program will explore the use of a platform known as the regulated liability network, or RLN, whereby banks issue tokens that represent customers' deposits that are settled on a central bank reserve on a shared distributed ledger. Original Source
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"Following the Chapter 11 bankruptcy filings - FTX US and FTX [dot] com initiated precautionary steps to move all digital assets to cold storage," Miller said. "Process was expedited this evening - to mitigate damage upon observing unauthorized transactions." Original Source
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The Polygon network is now lit like Christmas lights following a number of positive MATIC news that involve some of the biggest
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Weekly transactions on Arbitrum have soared over 555% since August. Crypto traders see huge potential for the ecosystem. Original Source
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The Swiss Financial Market Supervisory Authority, or FINMA, has announced it will be extending an anti-money laundering ordinance which requires identity checks for reporting certain crypto transactions.In a Nov. 2 notice, the Switzerland financial regulator said it would enforce a threshold of 1,000 Swiss francs — roughly $997 at the
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