Russia's largest bank issued gold-backed digital financial assets
27.12.2022
The issuance became the second major operations of the bank with the new class of assets
Shytoshi Kusama tweets that Shibarium is coming soon
27.12.2022
Shytoshi Kusama, who happens to be one of the prominent and leading developers of the Shibarium layer 2 blockchains, recently, through a tweet, declared that the launching of it would be taking place very soon. This very tweet went out to benefit more than 800,000 present followers on the 24th...
More Than $19 Billion in BTC, ETH, Stablecoins Left Exchanges Since the Onset of FTX’s Collapse
27.12.2022
For more than 50 days or since Nov. 5, 2022, bitcoin, ethereum, and stablecoin owners removed roughly $19.19 billion in crypto assets from centralized exchanges. Between Nov. 5 to Dec. 26, roughly 356,848 bitcoin and 4.48 million ether were withdrawn from a myriad of crypto trading platforms...
Ellison and Wang admit misleading lenders with Bankman-Fried
27.12.2022
FTX trouble begins to clear the air as more accounts come forward with their statements. Caroline Ellison, the former Chief Executive Officer of Alameda Research, pleaded guilty recently, admitting that she was aware of the activities that were taking place from 2019 to 2022. According to...
Avocado DAO and PlayOne Games Join Forces to Promote Blockchain Gaming
27.12.2022
Avocado DAO recently announced a strategic partnership with PlayOne Games. The collaboration will see the parties focus on promoting the blockchain gaming domain. PlayOne Games is a Klaytn blockchain game protocol centred on the gaming environment and crypto projects. The platform connects players...
Craig Wright calls XRP a Pump-and-Dump Scheme, Ripple CTO responds
27.12.2022
Twitter witnessed its latest feud revolving around cryptocurrency recently. It all started with Craig Wright, the self-proclaimed creator of Bitcoin, stating that institutional investors cannot adopt BTC unless it recovers under a legal order. The statement did not bode well with David Schwartz...
Argo Blockchain Suspends Trading in US Shares for 24 Hours
27.12.2022
The company said earlier this month it was close to restructuring without having to declare bankruptcy
MEXC Global officially launches MEXC Mastercard to support global payment
27.12.2022
On December 27, MEXC Global, the world’s leading crypto-asset trading platform, officially launched the MEXC Mastercard, allowing cryptocurrency holders to use digital assets in daily payments. It is reported that the MEXC Mastercard can be directly connected to the user’s MEXC account...
XANA joins forces with China’s leading art school
27.12.2022
XANA teamed forces with Meishun Yuanjie Co, which is China’s premier art school. The goal and idea of this occurrence was to create the Experimental Base for the Metaverse Application Scene. In turn, it will play a crucial role in efficiently tying together elements linked to content...
Philippine SEC warns against unlicensed crypto exchanges amid FTX collapse
27.12.2022
The Philippine Securities and Exchanges Commission highlighted that it’s illegal to offer Filipinos access to unregistered exchanges
Crypto Lender Nexo's Plan to Acquire Rival Vauld May be Halted – This is What Happened
27.12.2022
There is no deal (yet) in the acquisition talks between crypto lender Nexo and its rival Vauld, while the latter has less than a month to present a restructuring plan to creditors.
Several news outlets have reported that the deal has been terminated altogether - though it remains unclear by whom...
Top South Korean Scam Crypto Exchange Exec Given 8-year Jail Sentence
27.12.2022
The top executive at a South Korean scam crypto exchange that duped over 50,000 investors out of a combined $1.7 billion will serve an eight-year jail sentence after a court found him guilty of fraud.
Kyeongin Ilbo and Economist.co.kr reported that the Criminal Division of the Suwon District Court...