Will Kusama (KSM) help to expand Polkadot?
16.12.2022
Kusama offers a public pre-production environment before releasing Polkadot projects on the network. It works as a sandbox for the developers and offers different facilities for testing before finalizing the design for Polkadot projects. KSM is a native coin of this network used to pay gas fees....
Sam Bankman-Fried Makes New Bid for Bail Following Denial of First Request – Here’s the Latest
16.12.2022
The FTX/Sam Bankman-Fried saga continues: the exchange founder submitted another bail request, just two days after his first one was denied, according to two news outlets.
Bankman-Fried, the former CEO of the colossal failure that ended up being the FTX exchange, made a bail application before...
Bitcoin is a better platform for Web3, says Lightning Competition organizer
16.12.2022
A tournament to find and support new Bitcoin companies could be a way of attracting developers from Web3 ecosystems to crossover to Bitcoin
Crypto Futures ETFs Raise More Than $73 Million Ahead of Hong Kong Launch
16.12.2022
Hong Kong’s first crypto-based exchange-traded funds (ETFs) have attracted over $73 million ahead of their debut on the region’s stock exchange. The launch of the two ETFs tracking cryptocurrency futures listed in the United States comes despite the industry’s current troubles....
North Korea ‘Distributing Virus-ridden Mycelium Wallet Clone on Telegram,’ Say Experts
16.12.2022
Security firms say North Korea’s Lazarus group is distributing a virus-ridden Mycelium Wallet clone on Telegram channels – in a bid to compromise systems and steal crypto.
Per SBS and Bloomberg, the clone is named Somora. But, they say, it is riddled with trojan-like software that the bears...
5 key takeaways from Huobi 2022 crypto industry report
16.12.2022
In Huobi’s most recent industry report, dissects the most discussed crypto-related terms, countries with high levels of activity in the industry, regulations and more
Bitcoin Few Weeks Away From Its First Weekly Chart 'Death Cross'
16.12.2022
Bitcoin has never seen a death cross on its weekly chart before and the ominous-sounding indicator has a bad reputation of trapping sellers on the wrong side in traditional markets
Binance Proof-of-Reserves Auditor Mazars Pauses All Work for Crypto Clients
16.12.2022
Mazars other clients included Crypto.com and KuCoin
Dogecoin Price Prediction – Can DOGE Reach $1 in 2023?
16.12.2022
The dogecoin price has fallen by 6% in the past 24 hours, falling to $0.082213 as the cryptocurrency market continues to reel from the latest Fed hike and the ongoing effects of the FTX collapse. Its latest movements also mean that it's down by 16% in the past week and by 20% in the past fortnight...
Amber Group raises $300M to recover from FTX contagion
16.12.2022
The new funding from Fenbushi aims to help Amber address some of the “significant drawdowns” as an aftermath of the FTX default
EU Rules for Distributed Ledger Financial Trading Finalized Ahead of March Pilot
16.12.2022
Requirements to test people's knowledge of distributed technology could deter the average retail investor, some worry
Crypto Companies Enable Money Laundering, Warns Incoming FCA chair – Regulation Coming Soon?
16.12.2022
Ashley Alder, the incoming chair of the UK’s Financial Conduct Authority (FCA), believes crypto firms are “deliberately evasive” and facilitate money laundering, asking for more regulations.
During a virtual meeting, Alder told UK Treasury members on Wednesday that many crypto platforms...