Babel Finance Lost $280M Trading Customer Funds: Report
29.7.2022
Babel Finance, the Hong Kong crypto lender that suspended withdrawals in June, reportedly lost $280 million in proprietary trades with customer funds
Axie Infinity Developer Denies Wrongdoing Following Ronin Hack-Related Crypto Transfer Discovery
29.7.2022
In the aftermath of the March hack of the Ronin blockchain, Vietnamese game developer Sky Mavis, the entity behind the blockchain-based game Axie Infinity (AXS), is rejecting accusations of wrongdoing as some USD 3m worth of its native AXS token had reportedly been moved from Ronin to a Binance...
Dvision Network & Game.Fi.org Partnering for Metaverse Adoption
29.7.2022
Dvision Network recently announced a partnership with GameFi.org to embrace metaverse adoption. The collaboration will see the ventures bringing the ultimate digital experience to the communities. It will also allow them to build close connections to offer the members an advanced experience in...
Eden Network Launches yyAVAX On Avalanche With Align Incentives
29.7.2022
Eden Network has announced the launch of yyAVAX, a liquid staking product, in partnership with Yield Yak and Geode Finance on Avalanche. The new product launched is a yield-bearing derivative awarded to AVAX token stakers. Native tokens are often required to be staked by users to secure...
Greek Police Scramble to Catch Onecoin’s ‘Cryptoqueen’ Ruja Ignatova, Local Media Reports
29.7.2022
Law enforcement in Greece has recently tried to locate Ruja Ignatova, founder of the infamous Onecoin pyramid scheme. According to a leading Greek daily, investigators acted on intelligence suggesting she was still in the country. Also known as ‘Cryptoqueen,’ Ignatova was last seen...
Banking Giant Santander is Set to Offer Crypto Trading to Brazilians as Crypto 'Is Here to Stay'
29.7.2022
Banco Santander S.A., the Brazilian subsidiary of the Spanish Santander Group, plans to start offering crypto trading, possibly already this year.
The bank plans to start offering crypto-related services to its Brazilian customers “in the coming months,” reported Folha de S. Paulo, citing the...
Bitcoin bull run 'getting interesting' as BTC price hits 6-week high
29.7.2022
Bitcoin price performance is taking in increasingly higher resistance levels as July gains could top 20%
Iran Amends Regulations to Ease Crypto Miners’ Access to Renewable Energy
29.7.2022
Authorities in Iran have revised some rules for the crypto mining industry in order to facilitate its access to green power. Licensed miners will now be able to purchase electricity produced from renewable sources from across the country at lower rates. Cryptocurrency Miners in Iran Allowed...
Pat Toomey blames the SEC for crypto ending platform crisis
29.7.2022
A crypto-friendly legislator believes the Commission's regulation-by-enforcement approach to be ineffective
Marriages and court cases can be held in the metaverse
29.7.2022
Singapore's Second Minister for Law believes an integrated platform using the Metaverse will make the dispute resolution process more convenient and efficient
Professional soccer club Crawley Town FC signs midfielder after NFT hodlers vote
29.7.2022
The June 15 vote took place for verified NFTs hodlers via a temporary Discord channel
IMF Predicts Latam to Grow 3% This Year, Despite Facing Economic Deceleration and Rising Inflation
29.7.2022
The International Monetary Fund is predicting that Latin America (Latam) will keep growing this year, reaching a growth rate of 3% even with all of the difficulties that the region is facing. The institution believes that the economic recovery that Latam is enjoying after the Covid-19 pandemic will...