Fireblocks launches Web3 Engine support on Solana

Fireblocks launches Web3 Engine support on Solana

Digital asset custody platform Fireblocks has launched support for Solana, giving its thousands of users access to the developer network’s applications and infrastructure.  Beginning Tuesday, Fireblocks users will have direct access to Solana’s various decentralized finance (DeFi) and Web3 applications — a move the company says will directly benefit “alternative…

Hodlnaut now placed under creditor protection after freezing withdrawals

Hodlnaut now placed under creditor protection after freezing withdrawals

Singapore-based crypto lending firm Hodlnaut was placed under interim judicial management, a form of creditor protection program, by the Singapore court on Aug. 29. The court orders came three weeks after Hodlnaut froze all trading activities and withdrawals on its platform citing a liquidity crisis. In an official blog post…

Central African Republic court says new ,000 citizenship by crypto investment program is unconstitutional

Central African Republic court says new $60,000 citizenship by crypto investment program is unconstitutional

According to Reuters, on Monday, the Central African Republic’s (CAR) Constitutional Court said that the purchase of citizenship, e-residency and land using its government-backed Sango digital currency is unconstitutional due to the absence of market value in nationalities. Earlier in July, the CAR’s government unveiled its Sango crypto hub to…

Meta announces Facebook and Instagram users can post NFTs from digital wallets

Meta announces Facebook and Instagram users can post NFTs from digital wallets

Facebook and Instagram users can both post nonfungible tokens, or NFTs, and digital collectibles to their accounts by linking their wallets. In a Monday update to a May 10 blog post, Facebook’s parent company Meta said the social media platform’s roughly 2.9 billion users will have the ability to share…

Sam Bankman-Fried denies report FTX plans to purchase stake in Huobi

Sam Bankman-Fried denies report FTX plans to purchase stake in Huobi

Global crypto exchange FTX will not be acquiring a majority stake in Huobi, according to CEO Sam Bankman-Fried, or SBF.  In a Monday tweet, SBF explicitly denied a Bloomberg report that claimed FTX was planning to purchase crypto exchange Huobi. Cointelegraph reported on Aug. 12 that Huobi co-founder Leon Li was…

Where in the world are the 3AC founders? Speculations abound

Where in the world are the 3AC founders? Speculations abound

The creators of Three Arrows Capital are missing, according to reports, when court-appointed liquidators visited the firm’s Singapore headquarters recently, all they discovered was a locked door and a stack of outdated mail. Singapore-based 3AC is among the flagship cryptocurrency firms that have crumbled under bear pressure and faced liquidity…

What the Taliban crackdown means for crypto’s future in Afghanistan

What the Taliban crackdown means for crypto’s future in Afghanistan

With the rise of the Taliban last year in August, Afghanistan faced global sanctions that led to many international organizations and money transaction services halting operations in the country. This made room for digital currencies and stablecoins to be widely used, at least to send or receive remittances. However, the…

Cardano outranks Bitcoin in global top intimate brands in new report

Cardano outranks Bitcoin in global top intimate brands in new report

Blockchain developer Cardano represents the crypto space with a top spot in a new report on global brand intimacy. Cardano ranks 26 among 600 brands and holds the top spot in the crypto industry, according to a report released by brand relations agency MBLM. According to the report, brand intimacy…