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Crypto News
Syscoin Developer Launches Ethereum-Compatible Layer 2 Network Secured by Bitcoin Miners
Sys Labs, the developer behind the Syscoin blockchain, which aims to combine Ethereum-style programmability with Bitcoin’s security, has launched a “layer 2” network called Rollux for cheaper and faster transactions.
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Horizen Scraps Privacy Coin Moniker Amid Regulatory Scrutiny
Horizen says it's now simply a layer 0 blockchain after depreciating the shielded pools on its main chain.
Crypto Exchange KuCoin to Introduce Mandatory ID Checks Next Month
As of July 15, new customers will be required to complete identification checks to use KuCoin's services.
CFX Drops 6% After Conflux Network Says DWF Labs Bought $18M of the Tokens
Conflux token's dour reaction is consistent with the prevailing investor disinterest in alternative cryptocurrencies.
Australia Acts on De-Banking of Crypto Entities, Supports Policy Recommendations to Tackle Issue
Australia's Treasury said on Wednesday it recognises the seriousness of de-banking and that it understands inaction could drive business underground after instances of banking partners cutting-off crypto platforms in the nation.
EU Publishes Digital Euro Bill Featuring Privacy Controls, Offline Guarantee
Officials want a digital payment system available to “everyone, everywhere, for free.”
Bitpanda Pro Rebrands, Raises $33M in Peter Thiel-Led Round
Thiel’s Valar Ventures led the fundraise for One Trading, which is now fully separated from Bitpanda.
Azuki NFT Prices Slide 44% After Creator Releases ‘Basically Identical’ Elementals
Elementals became the most-hyped and largest NFT offering in recent months, but community reaction has been critical.
‘End the Extortion:’ BlockFi Creditors File to Liquidate Estate
Creditors accuse CEO Zac Prince of defrauding customers and the company of “mischief” in delaying a wind-up.
Sony Network Communications Invests $3.5M in Singapore Web3 Company Startale Labs
Sony previously worked with Startale Labs to organize a web3 incubator.