KuCoin crypto exchange to introduce mandatory KYC in July
Major cryptocurrency exchange KuCoin is working to strengthen its Know Your Customer (KYC) system by introducing new mandatory identity checks.On June 28, KuCoin…
Ethereum price won’t see $2K anytime soon, market data suggests
The price of Ether (ETH) faced strong resistance at $1,920 after a 17.5% rally between June 15 and June 22. Several factors contributed to the limited upside,…
Sony Network invests in Japanese Web3 startup to spur mass adoption
Sony continues to make its mark in the emerging technologies space with its recent announcement of a new investment in building a global infrastructure to support…
BlackRock has ‘50% chance’ of getting spot Bitcoin ETF approved: Analyst
Investment management firm BlackRock has a 50% chance of getting its spot Bitcoin (BTC) Exchange Traded Fund (ETF) approved, says Bloomberg’s senior ETF analyst…
Bitcoin miners send record $128M in revenue to exchanges
Bitcoin (BTC) miners are sending record amounts of BTC to centralized crypto exchanges.In a June 27 tweet, on-chain analytics platform Glassnode reported an…
Sui Foundation denies it sold locked staking rewards on Binance
Sui Foundation — the team behind the Sui network and its native SUI token — has denied allegations that the firm unlocked SUI staking rewards and “dumped” them on…
Bitcoin price surge will come from retail, not institutions: Fireblocks CEO
While an approved BlackRock spot Bitcoin (BTC) exchange-traded fund (ETF) will funnel new institutional money to Bitcoin, it's going to be the retail investors…
Worldcoin confirms it is the cause of mysterious Safe deployments
Worldcoin is the cause of a slew of Safe deployments to the Optimism (OP) network over the past week, according to a June 27 social media post from Tiago Sada,…
New Web3 ID app lets users find each other based on proven interests
A Web3 app launched on June 27 lets users prove their social credibility using blockchain technology, according to an announcement from the app’s development…
Over $204M was lost in Q2 DeFi hacks and scams: Report
Over $204 million was lost in decentralized finance (DeFi) hacks and scams in the second quarter of 2023, according to a June 27 report from Web3 portfolio app…