MakerDAO Users Can Now Mint DAI For Free
Users of MakerDAO, the organization behind DAI, will now be able to mint the stablecoin for free. This was made possible after an executive vote increased the debt ceiling for…
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BitGo Confirms Filing Lawsuit Against Galaxy Digital, Seeks $100M in Damages
BitGo confirmed earlier today that it had filed a lawsuit against the Mike Novogratz-spearheaded company seeking damages in excess of $100 million. Galaxy Digital planned to acquire BitGo earlier this…
Solana Tops 1 Million Weekly Transactions
The overall demand for NFTs may be faltering, but those on the Solana are not. In fact, Solana NFT transactions skyrocketed to one million weekly, according to Nansen data. Pushing…
JPMorgan Hires a Crypto, Metaverse Specialist to Increase Industry Presence
The American banking giant – JPMorgan Chase – is looking for a Vice President (VP), Payments Business Development Manager, to join its Technology, Media, and Telecom West Coast Payments Team…
Abra Plans to Launch a US-Chartered Bank and Allow Crypto Deposits
The California-based cryptocurrency exchange Abra plans to form two financial institutions, called Abra Bank and Abra International. The former will provide digital asset services to American customers and businesses, while…
Here’s When the Ethereum Proof-of-Work Fork Will Take Place
The talks and plans for an Ethereum Proof-of-Work fork after the Merge have been mounting for quite a while, and it seems that it will be taking place shortly after…
Downturn Effects: Amber Group’s Workforce to See 5%-10% Reduction (Report)
Blockchain company Amber Group will see a reduction of its workforce in the range of 5%-10% this year. The Singapore-headquartered firm has about 900 staff on its rolls, increasing from…
Near Foundation Introduces a $100 Million Fund Dedicated to Web 3 Developers (Report)
Near Foundation – the Swiss non-profit that oversees the development of Near Protocol – reportedly partnered with the VC firm Caerus Ventures to launch a $100M venture capital fund and…
Coinbase Exec’s Brother Pleads Guilty to Cryptocurrency Wire Fraud
The U.S. Department of Justice released a statement on September 12 reporting that Nikhil Wahi, brother of ex-Coinbase product manager Ishan Wahi, pleaded guilty to committing cryptocurrency wire fraud using…
Canada’s New Conservative Party Leader Is a Crypto Proponent
The main opposition party in Canada – the Conservative Party – elected Pierre Poilievre as its new leader. Interestingly, the 43-year-old politician has displayed he is a keen supporter of…
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