With the crypto space continuing to remain in the doldrums, regulators have continued to crack the whip on several sectors of the ecosystem. The latest target is unregulated crypto ATMs in London. Cr...
Tag: Initiates
SEC Initiates Emergency Action Against BKCoin For Fraud Scheme
The Securities and Exchange Commission has initiated an emergency action against investment advisor BKCoin Management in connection with a crypto fraud scheme worth $100 million. According to the SEC...
Ethereum Altcoin Project Goes Wild as Whale Initiates Huge Crypto Transfer From Binance
The native token of a decentralized finance (DeFi) protocol surged by more than 50% on Monday as one crypto whale pounced on the asset. TrueFi (TRU), a DeFi protocol that supports uncollateralized len...
Aave community initiates proposal to freeze BUSD with Paxos’ halt of token minting imminent
Ad The Aave community is currently considering a proposal to freeze the BUSD reserve on the Aave V2 market in light of Paxos’ move to stop minting BUSD. BUSD issuer Paxos announced on Feb. 13 that it ...
COTI Initiates Chain Syncing to Unveil DJED Stablecoin Next Week
COTI confirmed that the long-awaiting ‘DJED’ stablecoin would premiere next week. The chain index syncing process is the last technical step before DJED goes live. The DJED team pledged to back the st...
St. Maarten’s MP Rolando Brison Initiates Law to Legalize TRON-Based Crypto
Geneva, Switzerland, 24th January, 2023, Chainwire TRON-based cryptocurrency may soon be officially adopted as legal tender by the government of the eastern Caribbean island of St. Maarten. Member of ...
St. Maarten’s MP Rolando Brison Initiates Law to Legalize TRON-Based Crypto – Cryptopolitan
Geneva, Switzerland, 24th January, 2023, Chainwire TRON-based cryptocurrency may soon be officially adopted as legal tender by the government of the eastern Caribbean island of St. Maarten. Member of ...
Filecoin price analysis: FIL initiates recovery at $3.07 after a heavy sell-off
Today Filecoin price analysis shows that the price of Filecoin is up again as bullish momentum builds and inflates to $3.07. After a heavy sell-off in the past few days, Filecoin is showing signs of r...
BlockFi initiates motion to return Frozen Cryptocurrency to users
BlockFi, the well-known crypto lending platform, recently announced filing a motion to a US bankruptcy court. The news was a surprise since the platform claimed bankruptcy a while ago. Filed on Decemb...
Whale Initiates Massive $12,000,000 Polygon (MATIC) Transaction,…
Polygon is showing bullish signals after crypto whale moved $12 million. Last week, crypto tracking platform Whale Alert reported a massive $12 million Polygon (MATIC) transaction. The whale moved the...
Ethereum initiates recovery, but sellers still await profit booking
Despite maintaining a dominant stance in a smart contract and supporting the decentralized application, Ethereum has gained several competitors eyeing for better market position. The latest market val...
Whale Initiates Massive $12,000,000 Polygon (MATIC) Transaction on Coinbase As Top Crypto Asset Rebounds
A crypto whale has abruptly transferred $12 million worth of the blockchain scaling solution Polygon (MATIC) as the top crypto asset flashes signs of strength. The crypto-tracking platform Whale Alert...
Tarnished LME initiates tight monitoring as frenzy grips low-liquidity nickel
The London Metal Exchange’s nickel platform has been rocked by volatility this year, driven by a physical shortage of pure nickel, the sanction spree on Russia (which accounted for 17% of global produ...
MAS Initiates CBDC Project—Yet Aspires to Make Singapore Crypto Hub, Again!
In its press release, the Monetary Authority of Singapore(MAS) informed about the launch of Ubin+ ambition to explore the use of central bank digital currency(CBDC) for cross-border currency transacti...
War initiates crypto activity in Russia and Ukraine: Chainalysis
The war between Russia and Ukraine, along with making the military conflict sure, which is presently increasing, has affected cryptocurrency. Natives of both countries have faced the economic impact ...
NFT Tech Initiates Play-2-Earn Dashboard Cashdash Monetization
VANCOUVER, British Columbia–(BUSINESS WIRE)–$NFT #crypto—NFT Technologies Inc. (NEO: NFT | Frankfurt: 8LO) (“NFT Tech”), a leading technology company partnering with top-tier brands to accelerate thei...
BNB Smart Chain Initiates Hard Fork After $100 Million Exploit
BNB Smart Chain, the smart contract-enabled blockchain of Binance, the world’s largest crypto exchange, has announced that it has executed a hard fork to issue a critical security patch. The ha...
Dapper Labs initiates restrictions against some users 1
Dapper Labs has announced that from this week onwards, Russian accounts on its payments platform will not be able to carry out transactions. The firm made this decision after the EU’s sanction was ann...
MakerDAO initiates $500 million investment in US treasuries, how will this affect MKR token?
MakerDAO has initiated an investment, where $500 million of the funds that are collateralizing the Dai (DAI/USD) stablecoin will be relocated to US Treasuries and corporate bonds, with the main goal o...
MakerDAO initiates $500 million investment in US treasuries, how will this affect MKR token?
MakerDAO has initiated an investment, where $500 million of the funds that are collateralizing the Dai (DAI/USD) stablecoin will be relocated to US Treasuries and corporate bonds, with the main goal o...
Cardano price analysis: ADA initiates recovery at $0.447 after a heavy sell-off
The Cardano price analysis reveals that bulls are striving to elevate price levels at the time of writing. Bears made a steep plunge in price levels at the start of the day, but now, the bulls are try...
Near Protocol Initiates Working Group to Boost DeFi Governance
The Near Digital Collective operating committee consists of 40 Members. The Near Protocol is a Blockchain Network that facilitates developers to develop dapps(Decentralized applications) a...
France initiates new crypto bill to allow the seizure of assets
Join Our Telegram channel to stay up to date on breaking news coverage Authorities in France have proposed a new crypto bill that will allow the seizure of digital assets belonging to criminals. With ...
NFT lending platform BendDAO initiates vote to alter protocol
Ripples of the credit crisis that affected several crypto-exchanges are now being felt in the NFT space. Popular NFT-based lending platform BendDAO has now initiated a vote to approve emergency change...
Reserve Bank of Australia initiates research project on CBDC
The Reserve Bank Of Australia (RBA) has announced plans to explore possible use cases for its proposed Central Bank Digital Currency (CBDC). The financial institution will work on the study program wi...
Poloniex Exchange Initiates Zero-Fee USDD Trading
The reputable and authorized cryptocurrency exchange, Poloniex, serves both seasoned and novice traders. It provides a variety of crypto market presence, complex transaction kinds, and leverage tradin...
Terra-based DEX, Astroport initiates Astral Assembly as governance Body
Leading Terra 2.0 swap protocol, Astroport has opened the gateway to the Astral assembly. According to a blog post, the protocol revealed that the Astral Assembly is open to developers within its comm...
Chainge Finance initiates filing to obtain Celsius’ assets
Global DeFi protocol, Chainge Finance, is planning to institute an application with the United States Bankruptcy Court Southern District of New York. This protocol made the revelation in a Twitter thr...
Crypto Exchange Gemini Reportedly Initiates Second Round of Layoffs
Just weeks after the exchange cut about 10% of its staff due to “turbulent market conditions,” Gemini has had to make a second round of staff cuts according to TechCrunch, and more may be on the way. ...
BlockFi Initiates ‘Voluntary Separation Program’ To Further Trim Headcount
BlockFi already laid off 20% of its staff in mid-June CEO Zac Prince recently said the lender shouldn’t be compared to lenders that shut down Less than three weeks after FTX struck a deal to acquire B...