Binance cryptocurrency exchange is launching fractional tokenized Tesla shares to expand access to traditional assets without having to buy them in full. Tesla, an electric vehicle company, will be the first tokenized stock from the stock market to be traded on Binance. As of today, Tesla’s share price is about $ 677. However, Binance users do not have to buy a “whole” share – the minimum purchase size is only one hundredth of a Tesla

Analyst firm CipherTrace has announced the DeFi Compli tool. It will exclude the interaction of DeFi projects with cryptocurrency addresses from the OFAC sanctions list. DeFi Compli will monitor that addresses used for trading on Decentralized Exchanges (DEX) are not blacklisted by the Office of Foreign Assets Control (OFAC). This list includes cryptocurrency addresses related to drug trafficking, terrorist financing, “election interference”, cybercrimes and other illegal activities according to the US government. CipherTrace has launched

According to a survey by investment bank Piper Sandler, 9% of teens in the US were trading cryptocurrencies. Experts consider it dangerous that young people are trading in “high-risk assets”. Piper Sandler’s Taking Stock With Teens survey surveyed 7,000 teens and about 630 of those surveyed said they had traded cryptocurrencies. However, the survey did not collect any additional information about which cryptocurrencies were at the disposal of young people, the respondents kept the cryptocurrency

The Cosmos developer Tendermint will launch a “universal DEX” in May for trading any cryptoasset. For this, the company acquired the B-Harvest project, which runs on the Cosmos blockchain. Tendermint creates Cosmos, a decentralized network that connects independent blockchains to enable interoperability between them. The developers acquired B-Harvest, a DeFi project that was developed on Cosmos and operates one of the Cosmos validator nodes. Tendermint did not disclose the amount of the transaction, but noted

Users filed a class action lawsuit against hardware wallet maker Ledger and e-commerce platform Shopify over a data breach last year. In July 2020, Ledger reported a breach in its marketing database, leading to the release of a million emails and some personal documents from customers. The compromised database was later put up for sale on the Internet, after which people began to complain about fraudulent emails. A few months ago, Ledger provided details, reporting

Ripple has gained access to internal SEC documents, in which the department expresses its views on the nature and regulation of crypto assets. Ripple still intends to prove XRP is not a security. Last December, the US Securities and Exchange Commission (SEC) filed a lawsuit against Ripple and its co-founders, accusing them of a $ 1.3 billion sale of unregistered securities in 2013. Ripple has denied the agency’s accusations, urging the Commission to elaborate on

Indian technology company Tech Mahindra is working with the Quantoz incubator to develop a new service that will allow banks and financial institutions to settle in stablecoins. Tech Mahindra announced that it has entered into an agreement with the Dutch blockchain-based application incubator Quantoz to jointly develop a tool to integrate stablecoins into banking infrastructure. The tool is intended not only for banks, but also for firms operating in the financial sector. According to the

The number of Lightning Network nodes on the Bitcoin blockchain has grown by almost 94% over the year and exceeded 10,000. 1185 BTC worth about $ 69 million are currently blocked on the Lightning Network. According to publicly available data, the number of nodes in the second layer of the Bitcoin Lightning Network reached 5,335 in April 2020. As of April 2021, their number has almost doubled to 10,348. However, this figure only includes nodes

Stellar developers have reported network outages due to the disconnection of about half of the Stellar Development Foundation (SDF) nodes. Bitfinex and Bitstamp have suspended deposits and withdrawals of XLM. Stellar technicians reported that some validators were disabled around 1:00 PDT. The engineers have been working on fixing the problem for about 10 hours. Details and estimated recovery times for Stellar remain unknown. According to block explorer Stellar Expert, transactions are still being processed on

Cryptocurrency fund management company Grayscale Investments has announced its full readiness to transform the Grayscale Bitcoin Trust (GBTC) into an exchange-traded fund (ETF) for bitcoin after the consent of the SEC. Grayscale Investments intends to re-apply to the US Securities and Exchange Commission (SEC) to launch a Bitcoin exchange-traded index fund. This fund will provide traditional investors with access to BTC without having to own the asset itself. There are certain difficulties here. In recent