Coinroot Archives

TL;DR Starknet set the foundations to be the home for complex, computational-hungry, and innovative DeFi platforms, onchain games, dynamic NFTs, and more. Starknet continues to have the fastest-growing dev ecosystem among all L2s (and a few L1s). StarkWare open-sourced key elements such as Stone Prover, Starknet sequencer, and Papyrus full node in 2023. Read on […]

Canadian cryptocurrency exchange CatalX has temporarily halted its operations following a suspected insider job that resulted in a security breach. On December 28, CatalX CTS Ltd., the operator of the Canadian crypto exchange, issued a press release stating that it had experienced a “security breach,” leading to the loss of cryptocurrency assets held on behalf […]

Bankrupt crypto lender Genesis has agreed to settle $1 billion in claims by defunct crypto hedge fund Three Arrows Capital (3AC) with a payment of $33 million, court documents show. The hedge fund’s collapse in June 2022 marked the first storm in a long crypto winter, and its claims against Genesis refer to transfers made […]

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Celsius, the crypto lender, has received approval from a New York court for its exit from bankruptcy, a process initiated in July of the previous year. The plan approved by the lender’s creditors will enable them to recover up to 85% of their holdings. For customers who had funds locked up in Celsius, they will […]

In a significant move to regulate the burgeoning Hong Kong stablecoin market, the Hong Kong Monetary Authority (HKMA) the Financial Services, and the Treasury Bureau jointly announced a groundbreaking legislative proposal. Meanwhile, the initiative aims to establish a regulatory framework for stablecoin issuers, reflecting the evolving landscape of virtual assets. Notably, the proposal, marked by a comprehensive […]

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From Milestones to Masterstrokes: StarkWare’s Year in Review

Canadian crypto exchange CatalX suspends services due to a security breach

Genesis, Three Arrows Capital Reach Agreement on $1B of Claims

Court Approves Celsius Bankruptcy Reorganization Plan, Exit Imminent in Early 2024

Hong Kong Regulators Launches Legislative Proposal For Stablecoins

Russia Proposes 15% Tax on Crypto and Mining Restrictions

WazirX Plans to Launch New Decentralized Exchange

Binance, Indian Police Bust Energy Scam, Recover $100K USDT

Indian Govt. Officials Probe Crypto Exchange WazirX's $234M Hack

Dubai's VARA Updates Marketing Regulations and Guidelines for VASPs

Germany Shuts Down 47 Crypto Exchanges for Illegal Activities

𝗬𝗼𝘂𝗿 𝗜𝗻𝗱𝗲𝗽𝗲𝗻𝗱𝗲𝗻𝘁 𝗖𝗿𝘆𝗽𝘁𝗼 𝗮𝗻𝗱 𝗚𝗹𝗼𝗯𝗮𝗹 𝗡𝗲𝘄𝘀 𝗔𝗹𝗹𝘆

Coinroot is dedicated to delivering current, accurate, and comprehensive news in the dynamic world of cryptocurrency and global events. We aim to simplify complex crypto-economic concepts for our audience, providing a trusted source of information for crypto enthusiasts and the wider public alike.