Kava News

Kava Adds 11 Protocols and Development Teams to Ethereum Co-Chain Testnet March 31, 2022

Adding 11 more protocols and development teams to the Pioneer Program today, Kava is rounding out the Pioneer Program for the...
Milo Culbert
3 min read

Sky Mavis Hacked for 173,000 ETH and 25.5 Million USDC | Attacker Could Utilize KYC Black Market Account to Liquidate

March 29th was an extremely damaging day for the crypto community, a $625 million hack that reduced funds in Ronin, the...
Milo Culbert
4 min read

SEC’s New Proposal | Crypto Lawyers Calling Proposal Attack on Decentralized Finance

A new proposal by the U.S. Securities and Exchange Commission is designed to redefine the definition of securities dealer, with some...
Milo Culbert
2 min read

Gillibrand & Lummis Developing Crypto Regulation Under the CFTC & SEC to Manage Banking Issues, Consumer Protection, Privacy, Definitions, and Taxation

A bipartisan, broadly based regulatory framework for cryptocurrencies is currently being drafted by two U.S. senators. According to one of the...
Milo Culbert
2 min read

U.S. Treasury Secretary Crypto Fears | Financial Stability, Consumer-Investor Protection, Illicit Transactions

Janet Yellen has acknowledged that cryptocurrency can be beneficial. Yellen said crypto is now “playing a significant role” in the investment...
Milo Culbert
1 min read

Existing Regulations Incompatible with Crypto World | Require New Rules and Frameworks

Jerome Powell, chairman of the Federal Reserve, asserts that crypto’s risks to the U.S. financial system and potential destabilization of existing...
Milo Culbert
1 min read

Borrowing USDX on Kava Mint & Kava Lend | Trading for USDX on Kava Swap in 2022

Earning with USDX Pt.1 $USDX is the native stablecoin of the Kava ecosystem. While $USDX is not directly pegged to a...
Milo Culbert
4 min read

Are DeFi Protocols Enriching the Protocol Operators? Is DeFi Hack-Prone & at Risk of Financial Crime?

Morgan Stanley research report says overregulation and overcollateralization may slow down the exponential growth seen in decentralized finance in recent years....
Milo Culbert
1 min read

Cosmonauts & EVM Builders Prosper with Kava Pioneer Program Providing Developers an Equitable Share and Become Builder Owned

To date, over 40 EVM protocols and development teams have entered the Kava Pioneer Program for a chance to win a...
Milo Culbert
3 min read

Kava Swap/Lend | Surge Increase APYs for New IBC Assets & Liquidity Pools March 30, 2022

Surge: Round 3 inbound! $ATOM, $OSMO, $LUNA, $UST, and $AKT fans get ready for boosted Reward APYs 🚀 To celebrate the...
Milo Culbert
2 min read

Kava Monthly Update March 2022

📢 Announcing Kava Rise developer incentives —Kava is becoming #BUIDLerOwned! 📈 Pioneer Roundup + #KavaSquad Highlights ⚡ Surge — Kava Swap Edition...
Milo Culbert
1 min read

Better Business Bureau Crypto Scams 7th Riskiest in 2020 to 2nd Riskiest in 2021 | Average Loss $1200 | Public Targeted on Social Networks

Crypto scams are now the second-highest risks according to the U.S. Better Business Bureau (BBB). Furthermore, the organization reported that losses...
Milo Culbert
1 min read

March 2022 | Top Five Blockchains Control Over 82% TVI Defi

Currently, the top five blockchains, in terms of total value locked in decentralized finance,  control over 82% of the $198 billion...
Milo Culbert
2 min read

Mr. Wonderful, One-Fifth of Investment Holdings in Cryptocurrencies which Increased 10% from 2021

Mr. Wonderful, Kevin O’Leary from Shark Tank, has revealed his cryptocurrency investment strategy. His portfolio now accounts for 20% in cryptocurrencies...
Milo Culbert
1 min read

U.S. President Crypto Executive Order Delves into Digital Version of U.S. Dollar

President Biden’s executive order is likely to benefit the crypto industry, says an economist at Cornell University. Also, these sorts of...
Milo Culbert
2 min read

UAE Development of Regulatory Framework Ensures Crypto Industry Adheres to Financial Action Task Force Recommendations

According to the Securities and Commodities Authority (SCA), the United Arab Emirates (UAE) is on its way to establishing a regulatory...
Milo Culbert
1 min read

Kava, Constructed on Cosmos SDK, Consolidates Ethereum & Cosmos Chains into a Single Network

It was announced on March 8 that the Kava Network launched an alpha release of its Ethereum Co-Chain. With the launch,...
Milo Culbert
2 min read

Social Media Platforms Scam Investors with BTC Giveaway Schemes | Scammers Feature Celebrities to Hook Users

Steve Wozniak, the co-founder of Apple, said Bitcoin is “the only one that is pure gold mathematics.” He views the other...
Milo Culbert
2 min read

Binance, Coinbase | Russia Would Avoid Crypto | Ineffective Tool for Illicit Activities

Neither Binance nor Coinbase believe that cryptocurrency is a useful tool to help Russia avoid Western sanctions. CEOs of Binance and...
Milo Culbert
1 min read

Kevin O’Leary | US Senators Exploring Cryptocurrency Policy Allowing Institutional Investors

A group of legislators in the United States is working on legislation that will open crypto markets to institutional investors, Kevin...
Milo Culbert
1 min read

Ken Griffin says Citadel will Enter Crypto in 2022

Ken Griffin, the CEO of Citadel Investment Group, admits he wasn’t right about bitcoin. He now says: “It’s fair to assume...
Milo Culbert
2 min read

Kava Rise: $750M Incentive Program Developed to Onboard Innovative Developers Across DeFi, GameFi, and NFT Verticals to the Kava Network

Kava Rise: $750M Developer Incentive Program The Kava DAO has voted to allocate $750M to on-chain developer incentives, committing majority ownership...
Milo Culbert
3 min read

Valr 2022 Funding Round Drives Expansion Across Africa and into India

In a Series B round led by Pantera Capital, Valr, a cryptocurrency exchange from South Africa, has raised $50 million. Having...
Milo Culbert
1 min read

SEC to Focus on Crypto Regulation | Crypto Exchanges May Be Offering Unregistered Securities

According to the U.S. Securities and Exchange Commission (SEC), cryptocurrency companies can gain benefits by self-reporting their violations of securities laws....
Milo Culbert
1 min read

Carbon Footprint of 100 Cryptocurrencies

The Crypto Carbon Footprint list has just been announced by Cryptowisser, a leading crypto service comparison site. Based on the research...
Milo Culbert
2 min read

Lagarde Urges EU to Approve the Regulation to Prevent Russia Using Crypto to Evade Sanctions

An intended vote on crypto regulation will not happen after negative reactions to texts that could be seen as an attempt...
Milo Culbert
2 min read

US Secret Service Opens Hub to Combat Illicit Use of Digital Assets

A cryptocurrency awareness hub has been launched by the Secret Service. Besides providing public awareness information on digital asset security and...
Milo Culbert
1 min read

Thailand’s Crypto Regulator to Open Digital Asset Exchange Imminently

An exchange for digital assets is being prepared for launch by the Thailand Stock Exchange. Thailand’s crypto regulator, the Securities and...
Milo Culbert
2 min read

Nexo Ends Interest on New Deposits from U.S. Customers

Following the U.S. Securities and Exchange Commission (SEC) charging Blockfi with failing to register its retail crypto lending product and fining...
Milo Culbert
2 min read

Coins Tokenized with Gold Increased in Popularity as Markets Decline & Gold Demand Rises

In contrast with the performance of the stock market and cryptocurrency market during the past week, gold’s value increased by 3.85%....
Milo Culbert
2 min read

Legislation | Preserve Privacy in Transacting with Crypto Assets

In an effort to protect Americans’ privacy in transacting with crypto assets, a U.S. congressman introduced the “Keep Your Coins Act.”...
Milo Culbert
1 min read

KAVA Mint Defi Lending Protocol | HODL & Leverage Crypto

A DeFi lending protocol, Kava Mint allows you to borrow Kava’s stablecoin, USDX, using your crypto assets as collateral. This allows...
Milo Culbert
4 min read

Apply Now: KAVA Cryptocurrency Network Developers Required

KAVA will launch its Ethereum Co-Chain alpha release on March 8th, bringing together one of the fastest and most scalable crypto...
Milo Culbert
3 min read

Obscure Protocols Thrust Total Value Locked in Decentralized Finance Platforms Over $200B

Decentralized finance platforms (defi) have a total value locked of just over $200 billion, after dipping below that level last week....
Milo Culbert
1 min read

Investment Institution Declares Crypto Viable Investment | Timing is Right for Crypto Purchase

Cryptocurrencies have entered the phase of “hyper-adoption” according to Wells Fargo, a financial services firm. The global investment team of the...
Milo Culbert
1 min read

Cryptoassets Spurred by Canadian Legislation

It’s hoped that the proliferation of crypto will be encouraged by a bill introduced in Canada. The fast-growing crypto asset industry...
Milo Culbert
1 min read

Regulators Worldwide are Increasing Efforts to Control Cryptocurrency

Regulators around the world are stepping up their efforts to regulate cryptocurrency. With the development of cross-border digital market activities, the...
Milo Culbert
1 min read

Reduced Risk Crypto Investment Strategies with Distributed Ledger Technology Applications

Switzerland’s largest bank, UBS, has suggested some investment strategies for investors interested in gaining exposure to cryptocurrencies without taking on the...
Milo Culbert
2 min read

$100,000 KAVA to Developer Teams to Participate in Ethereum Co-Chain Alpha and Beta Growth

On-chain developer incentives will be a major feature of the upcoming Kava Network. They will drive rapid growth for the Kava...
Milo Culbert
1 min read

Politicians Lack of Knowledge about Cryptocurrency Drives $9 Million Lobbying Spend in 2021

Money spent on lobbying by cryptocurrency and blockchain companies reinforced concerns about future legislation. Recently published reports show that $9.5 million...
Milo Culbert
1 min read

Kava Cross-Chain DeFi Platform Best Crypto Products News/Review Website Launched

KAVA Wire announces the launch of a new crypto industry education and review website, covering a variety of topics related to...
Milo Culbert
2 min read

Binance Advises of Scam via SMS | Chainalysis says Scammers Brought in $14 billion in 2021

Binance, a cryptocurrency exchange, warned investors about a major SMS scam targeting crypto users. In an SMS message, scammers informed crypto...
Milo Culbert
1 min read

Defi TVL Rises 13% Over Previous Week

Decentralized Finance (DEFI’s) total locked value (TVL) has risen above $200 billion, hovering at $216.49 billion early on Saturday morning (EST)....
Milo Culbert
1 min read

KAVA War of Buyers vs. Sellers

After forming the all-time high mark of $9.19, the KAVA token lost 62% of its cost during short-selling. In the past...
Milo Culbert
2 min read

Kava Embraces Multi-Chain & Co-Chains Future

Kava is changing. Kava has become a robust and scalable platform driven by high-end DeFi products and is ready to move...
Milo Culbert
3 min read

Kava: Risky Investment?

Kava has a low risk assessment according to InvestorsObserver. Based on volume and market capitalization changes over the past 24 hours,...
Milo Culbert
1 min read

Kava Network Reveals Loan Wars Champion

A combined $150K in rewards was awarded to 211 winners who tested Kava’s IBC integration! 🎉 Kava Network congratulates the 211 winners of...
Milo Culbert
5 min read

Blockchain Bonds Available on Position Exchange a Decentralized Crypto platform

Bonds are now available on Position Exchange. Learn more about this game-changing DeFi product. PRESS RELEASE. What is a Bond? A...
Milo Culbert
3 min read

Binance Pilot Program in Belgium and Bulgaria with Paysafe for Euro Transactions

Binance Pilot Program in Belgium and Bulgaria with Paysafe for Euro Transactions With Paysafe’s SEPA payment network, Binance, the crypto exchange,...
Milo Culbert
1 min read

Worldwide Investment in Cryptocurrency Could Exceed 1 Billion Users in 2022

Global Crypto Owners Predicted to Surpass 1 Billion This Year According to a report by Crypto.com, the number of crypto owners...
Milo Culbert
1 min read

Will Google Start Accepting Crypto Payments?

According to reports, Google Labs has created a new division focused on blockchain. Other technologies such as distributed computing and data...
Milo Culbert
2 min read