FTX US President Steps Down From Role
[ad_1] The head of the FTX crypto exchange’s US division, Brett Harrison, announced his resignation from his position on Tuesday. Harrison confirmed in a series of tweets that as he…
Ethereum Liquidations Hit $759M Since The Merge. What Lies Ahead? – Ethereum (ETH/USD)
[ad_1] Last week, Ethereum ETH/USD formally abandoned the energy-intensive, miner-based approach it had previously used to process changes to its decentralized ledger, by switching from proof-of-work to proof-of-stake. This was…
Wintermute Asks Hacker To Return Stolen Funds — Or Face Legal Action – Ethereum (ETH/USD)
[ad_1] Automated market maker Wintermute, which was hacked of $160 million worth of funds, has told the hacker to return the stolen funds or face legal consequences. In an on-chain…
LUNA (LUNA/USD) – South Korean Government Seeks To Revoke Do Kwon’s Passport: Report
[ad_1] The South Korean Ministry of Finance has declared that it is seeking to revoke the passports of Do Kwon, a co-founder of Terra blockchain, and five other individuals associated…
Huobi To Delist 7 Privacy Tokens Beginning Sept. 19, Citing Financial Regulations
[ad_1] Seychelles-based cryptocurrency exchange Huobi on Monday announced the delisting of seven tokens, citing financial regulations. The crypto exchange stated that trading services for privacy tokens including DASH, DCR, FIRO, XMR,…
Bitcoin (BTC/USD), Ethereum (ETH/USD) – Queen Elizabeth II Was Interested In A Blockchain Journal
[ad_1] Queen Elizabeth II, who died Thursday at age 96, was interested in a journal sent to her at Buckingham Palace by the British Blockchain Association (BBA). What Happened The world’s…
ETF SR SOL DEF DLY S (NASDAQ:IBIT) – Defiance Launches ETF To Offer Exposure To Blockchain, Crypto Firms
[ad_1] Defiance announced on Thursday the launch of the Defiance Daily Short Digitizing the Economy ETF IBIT, which offers exposure to companies in the crypto and blockchain ecosystems. What Happened: Defiance ETF CEO…
Building For Web3: Recognizing The Differences From Web2
[ad_1] Even as the value of digital assets like cryptocurrencies soar and venture capital (VC) investments in blockchain and crypto companies reach record highs, a greater number of business owners…
Amid Bitcoin Slump, Mining, Hash Rate Difficulty At All Time High
[ad_1] Even as the world’s largest digital currency by market capitalization Bitcoin BTC/USD continues to reel under pressure since Federal Reserve Chair Jerome Powell’s comments about increasing interest rates further to…
Exposure To Crypto: Exploring Passive Investment Opportunities Using Bitcoin ETFs
[ad_1] Price volatility and rapidly shifting emotions that can lead to quick gains or losses can make cryptocurrencies overwhelm participants of stock and other traditional markets. However, given the increasing…
Crypto Scam Revenue Down 65% In 2022: Here’s Why The Numbers Are Dropping
[ad_1] The total scam revenue in 2022 currently stands at $1.6 billion, 65% less than it was through the end of July 2021, as a result of falling exchange rates…
Bitcoin Exits ‘Final Flush’ Of Sellers, Making Way For Buyers To Build Positions, On-Chain Data Shows
[ad_1] An on-chain study by blockchain analytics firm Glassnode states that the “final flush” of sellers, signaled by a recent surge in short-term Bitcoin BTC/USD holdings, demonstrates that capitulation events…
The Virtues, Trials And Perils Facing The DeFi Industry: Will It Become Mainstream?
[ad_1] A term that was introduced to the world back in 2018, decentralized finance (DeFi) expanded the possibilities of blockchain technology and cryptocurrencies by leveraging the ‘smart contracts’ ability provided…
The Connection Between WazirX-Binance: A Timeline Of Events As They Unfolded
[ad_1] Celebrated in 2019 as the first acquisition in the Indian crypto space, the relationship between the two entities is now in question as the Enforcement Directorate (ED) has frozen funds…
Who Owns WazirX? Founder And Binance CEO Disagree Amid Money Laundering Probe
[ad_1] A day after the Indian Enforcement Directorate (ED) froze assets worth $8.1 million of cryptocurrency exchange firm WazirX as part of a money laundering probe, a Twitter war has…
Indian Law Agency Freezes $8.1 Million Of WazirX Funds As Part Of Anti-Money Laundering Probe
[ad_1] The Enforcement Directorate (ED), tasked by the Indian government to probe major financial crimes, announced Friday it had frozen assets worth $8.1 million of cryptocurrency exchange WazirX as part of an…
Celsius Seeks To Rehire CFO At $93,000 A Month, Customers — Not Surprisingly — Object
[ad_1] Bankrupt crypto lending platform Celsius has sought a judge’s permission to reinstate the company’s former CFO Rod Bolger and pay him $93,000 each month over a minimum of six weeks. According…
Aave DAO To Create GHO Stablecoin After 99.9% Approve Proposal
[ad_1] A majority of the community of decentralized non-custodial market protocol Aave AAVE/USD DAO has voted in favor of creating a stablecoin GHO, which will be backed by a portfolio…
Schwab Set To Launch A Crypto-Related Thematic ETF In August
[ad_1] Schwab Asset Management, the asset management arm of Charles Schwab Corporation SCHW has announced the launch of a Schwab Crypto Thematic ETF, with the first day of trading expected…
VC Firm Variant Raises $450 Million To Support Web3 Projects
[ad_1] Amid a subdued cryptocurrency market, leading venture capitalist firm Variant has announced the raising of $450 million, targeting DeFi projects, blockchain infrastructure, consumer application, stablecoins, and non-fungible tokens (NFTs).…
Understanding The Challenges Plaguing The Metaverse And Navigating Through The Cacophony
[ad_1] Crypto enthusiasts and investors alike are going gung-ho about the Metaverse like it is the largest societal disruption that civilization has ever seen, even as the globe continues to…
Untold Launches Blockchain-Based Crowdfunding Platform for Hollywood
[ad_1] Investment platform Untold.io on Wednesday announced an equity crowdfunding platform for Hollywood that connects filmmakers, investors, and distributors to curate and fund mass content. Seeking to democratize the production of entertainment content,…
Bitfinex, Tether Partner With Hypercore To Launch Video Chat App
[ad_1] Cryptocurrency exchange Bitfinex and stablecoin issuer Tether USDT/USD have partnered with open-source protocol Hypercore to launch a video calling application, Keet, which also allows audio, text and file exchanges between…
Taiwan’s Financial Watchdog Bans Use Of Credit Cards For Crypto Purchases
[ad_1] The Financial Supervisory Commission (FSC) of Taiwan has banned the use of credit cards for cryptocurrency transactions on the island nation. According to a letter issued by the financial…