Crypto community baffled by SBF dictating terms over congressional hearing
5.12.2022
Many in the crypto community pointed towards Bankman-Fried’s political donations and good Democratic connections via his parents, being one of the key reasons for him to evade arrest
Audit firm Mazars to verify KuCoin's Proof-of-Reserves
5.12.2022
Mazars, the former accounting firm for Donald Trump's companies, was hired recently to audit Binance's PoR
Porsche’s Web3 plan revealed: 7,500-piece NFT via 911 collection
5.12.2022
In recent times, the undoubted giant in the field of automobiles, Porsche, took time off to formally declare the deliverance of a unique and sophisticated NFT collection comprising 7,500 pieces. All of these, incidentally, happen to be based on their classic Porsche 911 model. This entire...
$15 Billion Palantir Firm Co-Founder Says ‘Most’ Crypto Companies Will Crash – Here’s Why
5.12.2022
Palantir co-founder Joe Lonsdale has warned that the crypto meltdown could worsen in the future, saying that "most" crypto companies will go to zero.
In an interview with Fox News, Lonsdale said more crypto companies are going to crash as many crypto tokens were Ponzi schemes. However,...
GEC incorporates Chainlink Data to support Meta Oracles with IoT
5.12.2022
Geometric Energy Corporation (GEC) has been able to successfully incorporate the weather-based data and pricing of cryptocurrency of Chainlink Data Feeds, with the aim and intention of being able to stand by the features of Metaoracles, with that of the sensor data networks of Internet of Things...
Standard Chartered forecasts ‘surprise’ Bitcoin downside after FTX collapse
5.12.2022
Multinational bank Standard Chartered considers potential downside for Bitcoin in 2023 as the cryptocurrency ecosystem weathers the collapse of FTX
Brazilian Companies Break Crypto Purchasing Records Again in October
5.12.2022
According to the latest reports from the Brazilian tax authority (RFB), institutions have again broken crypto purchasing records in Brazil. The organization registered that almost 42,000 companies purchased some kind of cryptocurrency during October, a new record that overturns the 40,161 that...
Pakistan launches new laws to expedite CBDC launch by 2025
5.12.2022
The State Bank of Pakistan signed in new laws for Electronic Money Institutions — non-bank entities offering digital payment instruments — to ensure the timely issuance of a CBDC in the next three years
'Imminent' crash for stocks? 5 things to know in Bitcoin this week
5.12.2022
Bitcoin gets a boost from a declining U.S. dollar, but BTC price action is anything but straight bullish, say analysts
Bitcoin Lags as Unwinding of 'Fed Trade' Lifts US Stocks Above 200-Day Average
5.12.2022
Bitcoin trades at a significant discount to its 200-day average as popular macro trades of 2002 unwind, leading to risk revival in traditional markets
Australian Crypto Exchange Swyftx Cuts 90 Jobs Amid Crypto Winter
5.12.2022
The job cuts would equate to a reduction of almost 45% of Swyftx's workforce
Russia’s Largest Digital Asset Deal Denominated in Chinese Yuan
5.12.2022
A Russian company has announced the country’s first authorized transaction with digital financial assets (DFAs) involving a foreign currency, China’s yuan. The deal, reportedly the largest made to date under the current Russian DFA law, covers the issuance of tokens secured by commercial debt....