Japanese financial services giant SBI Holdings is planning to shut its crypto-mining operations in Siberia, Russia, Bloomberg reported on Friday. SBI chief financial officer (CFO) Hideyuki Katsuchi sa...
Tag: initial exchange offerings
BTC Retraced to $21k as Correction Bites Harder
Bitcoin failed to record any increase over the last five days. A closer look at the charts revealed that although there were several push to the top, all failed to yield results. For example, on Monda...
South Korea to Investigate KuCoin Alongside 15 Crypto Exchanges for Unreported Operations
The South Korean Financial Services Commission (FSC) has put some cryptocurrency exchanges up for investigation under the claim that the concerned exchange companies are operating unlawfully in the co...
Noft Games Unlock Multi-Cryptocurrency Minting Solution
Noft Games, a battling play-to-earn game powered by Binance Smart Chain, now offers users the ability to mint NFT in-game cards with BUSD, USDC, USDT, and DOGE coins, adding those to a prior existing ...
Aussie Gas Station On the Run Now Accepts Crypto Payments
The Australian convenience store and petrol station brand, On the Run (OTR), has partnered with leading crypto exchange CryptoCom and payment terminal provider DataMesh Group Pty Ltd to launch Austral...
We Could Shut Down ETH Staking Under Regulatory Threat
Brian Armstrong, CEO of the American crypto exchange Coinbase, responded on Thursday to a hypothesis raised on Twitter, where he said his company would shut down its Ethereum validator node if regulat...
Crypto Lender Nexo Sues Former Director Over Account Holding $20M in Bitcoins
Crypto lender Nexo has filed a legal lawsuit against its former executive Georgi Shulev for refusing to honor his side of an agreement he signed with the firm before his departure in 2019, Law360 repo...
U.S. Judge Rejects $27.5M Settlement Deal Against Crypto Firm Block.one
Lewis A. Kaplan, a United States Judge in the Southern District of New York, has rejected a $27.5 million settlement in an ongoing class-action lawsuit against blockchain development company Block.one...
Crypto Broker Genesis Slashes 20% of Workforce as CEO Steps Down
Crypto brokerage company Genesis has slashed 20% of its workforce as its CEO Michael Moro steps down from his role at the firm, Bloomberg reported Wednesday. The broker believes the decision will help...
Polish Zetly Creates a Revolutionary All in One Platform for Sports
Zetly is a Polish-Estonian technological startup whose main goal is to build the largest digital All in One platform for fans, sportsmen, clubs, and federations. The project initiators set the main go...
U.S. SEC Charges Dragonchain Founder for Raising $16.5M Via Unregistered ICO
The United States Securities and Exchange Commission (SEC) has charged Dragonchain Inc, Dragonchain Foundation, The Dragon Company, and their founder, John Joseph Roets for allegedly raising $16.5 mil...
XTZ Show More Signs of Recovery Peaks at $2
Tezos is one of the top gainers over the last 24 hours. The asset saw notable price increases during the previous intraday session. It closed at $1.88 with a more than 3% increase during the period un...
BlockchainCom Partners Florida International University to Drive Web3 Education
Cryptocurrency exchange and wallet provider BlockchainCom has partnered with Florida International University (FIU) to increase cryptocurrency and Web3 education. According to the company, the partner...
ETH at Risks of More Downtrend.
“Ethereum is more reliable and will overtake Bitcoin.” These are the words of maximalist who believes that the apex coin will one day become the second largest cryptocurrency. More top traders are bul...
Celsius’ Alex Mashinsky Hijacked Firm’s Trading Role Before Collapse
Alex Mashinsky, the founder and CEO of crypto lending platform Celsius Network, took charge of his company’s trading strategies, overriding the inputs of “executives with decades of finance experience...
Brave Buys Back 5.8M BAT ($2.5M) as Revenue Increases
Privacy-geared browser Brave has repurchased 300,000 Basic Attention Token (BAT) worth $132,000 from the secondary market, bringing its cumulative buyback to 5.8 million BAT (over $2.5 million) from J...
20-Year Old Arrested for Misleading Friends in $240k Crypto Investment
A 20-year-old male in Singapore has been arrested and charged for allegedly misusing the $240,000 he collected from his schoolmates instead of investing it to invest in crypto. Young Lads Tricks Schoo...
RoboApe Is a Community Oriented Meme Coin That Caters for the Meme Industry Alongside Decentraland
More and more crypto platforms have been created since the introduction of cryptocurrency. However, various subsets have also emerged, with meme coins being one of them. In addition, blockchain techn...
Survey Shows Only 10% of Traders Take Full Advantage of Multiple DAOs
If you’re invested in cryptocurrency, you are probably familiar with the concepts and goals behind decentralized finance. Decentralized autonomous organizations (DAOs) are a great tool within the DeFi...
Bulls go on Rampage as ETH Flips $2k
Ethereum is currently on an uptrend. As a result, it surged from $1,900 to flip the $2,000 resistance a few minutes to the of writing. The hike started on Wednesday when the largest alt saw an 8% incr...
What is Wrapped Bitcoin (WBTC)? Explained as Simple as ABC
Wrapped Bitcoin (WBTC) is an ERC-20 token backed by bitcoin. You can exchange it for bitcoin on a ratio of one to one (1:1). An ERC-20 token, on the other hand, is a digital asset issued on the Ethere...
DEX Protocol Injective Raises $40 Million Ecosystem Development Fund
Decentralized exchange (DEX) protocol, Injective announced today it has raised $40 million in a just-concluded funding round. According to the announcement, investors in the round include Jump Crypto ...
Crypto Exchange Hotbit Suspends Withdrawals Over Criminal Investigations
Singapore-based cryptocurrency exchange Hotbit has suspended all activities, including deposits and withdrawals, over criminal investigations against its former employee, the company announced Wednesd...
CryptoCom CEO Says Crypto Will Bounce Back Strongly
Kris Marszalek, CEO of popular cryptocurrency exchange CryptoCom, said that the crypto industry will come back strongly once it recovers from the current bear market. During an interview with CNBC on ...
Algorand Partners Boston University to Support African Farmers Using Blockchain
The Algorand Foundation, a non-profit organization aimed at supporting the Algorand network, recently announced its partnership with Boston University and Kenya-based agricultural company, Hello Tract...
Iran Places Order to Import $10M Goods, Pays With Crypto
Iran has recently used cryptocurrencies to pay for goods that would be imported into the country. Although the crypto assets used in the purchase were not disclosed, Alireza Peyman-Pak, head of Iran’s...
Ethereum Layer2 Arbitrum Launches New Nova Network With Reddit Support
Arbitrum, an Ethereum layer2 scaling solution, has launched a second chain built on AnyTrust Technology dubbed “Arbitrum Nova.” Reddit will use the new chain to enhance its blockchain-based Community ...
Neowiz Partners Polygon to Launch Blockchain Gaming Platform
Polygon, an Ethereum layer-2 scaling solution, announced on Tuesday its partnership with South Korean gaming company Neowiz to launch a new blockchain-based gaming platform dubbed Intella X. What is I...
Vitalik Buterin Shares Idea for Privacy-Focused NFTs
Vitalik Buterin, the founder of the Ethereum network, has shared details on the idea of utilizing stealth addresses in the trading of non-fungible tokens (NFTs). This entails that a user can send an N...