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Binance lays off 1K+ employees; investors turn to VC Spectra
22.7.2023
Trouble is brewing in the Binance paradise. The exchange is facing regulatory pressures globally, and, in turn, it has laid off over 1,000 employees in recent weeks. Even senior Binance officials are leaving the embattled firm resulting in severe dips in BNB prices. On the other hand,...
India and UAE Break Away From US Dollar: Landmark Agreement Enables Trade Settlements in Rupees and Dirhams
17.7.2023
In a compelling turn of events this Saturday, India and the United Arab Emirates (UAE) inked a landmark agreement facilitating trade transactions to be settled in their native currencies, rupees and dirhams, instead of relying on the U.S. dollar. India’s prime minister Narendra Modi visited...
Stellar & Cosmos whales left disappointed. Most turn to VC Spectra
14.7.2023
The gods of luck have evaded Stellar (XLM) and Cosmos (ATOM) lately. The two cryptocurrencies recorded disheartening price drops in the last week. Meanwhile, VC Spectra (SPCT) continues its show as it offers investors various lucrative opportunities. The platform raked in $2.4 million during...
Sidechains Can Provide ‘Scalability and Flexibility Needed for Real-World Applications’ — Horizen Labs CEO
14.7.2023
All-in-one infrastructure solutions may be what is needed to drive the adoption of Web3, but such solutions might turn out to be complex and not as flexible, Rob Viglione, the co-founder and CEO at Horizen Labs, has argued. In addition, Viglione believes that such comprehensive infrastructure...
Billionaire Winklevoss Twins and DCG's Barry Silbert Dispute Takes a Nasty Turn
11.7.2023
Cameron and Tyler Winklevoss, the billionaire twins who owns crypto exchange Gemini, may have a hidden agenda with their lawsuit against Barry Silbert’s crypto conglomerate Digital Currency Group (DCG), a recent Fortune article has suggested.
According to the article, there is a chance that...
Pepecoin Knockoffs Turn Dollars to Fortunes in Strange New ‘2.0’ Play
4.7.2023
Offshoots of several meme coins have popped across the board in a trend that’s likely to die out within weeks
LTC, XMR, AAVE, and MKR turn bullish as Bitcoin stalls under $31K
2.7.2023
Bitcoin’s narrow range trading may end soon and if an upside breakout happens. Meanwhile, LTC, XMR, AAVE and MKR are showing strength
Court Orders Kraken to Turn Over History Transaction and Account Information to IRS
30.6.2023
A federal court ordered crypto exchange Kraken to turn over account and transaction information to the IRS, which said it needed that information to see if any of the exchange's users had underreported their taxes
U.S. House committee chairs, Blockchain Association turn up heat on SEC head Gensler
29.6.2023
Three House chairs sent a letter regarding recordkeeping and FOIA, and the industry advocacy group suggested Wells notice recipients ask for his recusal from their cases
Report: Disney Really Did Turn A Hillary Robot Into Donald Trump
29.6.2023
We’ve tried to scrub as much of the time period from our collective memories as possible, I know, but if you cast your mind back to the Presidency of Donald Trump, and 2017 specifically, you might remember one of the weirdest stories to emerge was one involving Disney, an animatronic robot...
Turkish Lira Plunges to Record Low a Day After Central Bank’s Interest Rate Policy U-Turn
25.6.2023
The Turkish lira fell to 25.74 per dollar just under a day after the central bank hiked interest rates for the first time since 2021. Although the rate hike decision was widely anticipated, the increase still fell short of the 21% that some analysts had predicted. Turkish Lira Down 21% Since...
Game Company That's Buying Everything Does Heel Turn, Goes All In On 'Exploiting Lord Of The Rings'
13.6.2023
Embracer Group, a Swedish holding company, has spent the last several years buying up some of the best known studios from Gearbox (Borderlands) to Crystal Dynamics (Tomb Raider) and willing itself into becoming one of the biggest publishers in gaming. Now, after suddenly losing out on $2 billion...
Atomic Wallet hackers turn to OFAC-sanctioned Garantex: Elliptic
13.6.2023
Stolen loot crypto from Atomic wallets has started passing through sanctioned Russian-based exchange Garantex, according to Elliptic
Turks Turn to Tether Amid Record Inflation, Limited Access to Dollar, Report Reveals
12.6.2023
People in Turkey have been seeking refuge in stablecoins as their national fiat continues to depreciate against the greenback. The Turkish lira saw a record drop in its exchange rate with the U.S. dollar when the country’s central bank halted intervention after the recent presidential vote....
Founders of Collapsed Crypto Fund, Three Arrows Capital, Turn to Bali and Shrooms
11.6.2023
The founders of collapsed cryptocurrency hedge fund, Three Arrows Capital, have been living the high life in Bali after their company's failure last year.
Kyle Davies and Su Zhu, both 36, almost disappeared from public view following the collapse of their fund. However, a new New York Times...
Solana’s integration with ChatGPT makes waves; DigiToads emerges as the go-to meme coin
6.6.2023
Solana’s decision to integrate a ChatGPT plug-in marks a new era in decentralized finance where artificial intelligence (AI) is the driving force. It paves the way for more pioneering technologies to find application in the DeFi ecosystem. Apart from the buzz about Solana, another...
CoinDesk Turns 10: 2022 - How Crypto Gods Turn Into Monsters
1.6.2023
While Chainlink fails to deliver new updates, investors turn to DigiToads for its exceptional growth
24.5.2023
The dynamic landscape of cryptocurrencies demands continuous innovation and fulfillment of promises. For a project to thrive in this fiercely competitive space, it must constantly evolve and deliver on its commitments. While Chainlink (LINK) has recently struggled to deliver significant updates...
Crypto Leaders Turn to the UAE As Frustration Grows With US Regulators
12.5.2023
Some cryptocurrency leaders are turning to the United Arab Emirates as others are showing irritation with US regulators.
Saqr Ereiqat, co-founder of venture-building firm Crypto Oasis, told CoinTelegraph that the UAE checks all the boxes in terms of countries’ “regulatory infrastructure, digital...
Institutions turn to Ethereum and DigiToads for a balanced portfolio
10.5.2023
Cryptocurrencies, like Ethereum (ETH), give exposure to a whole new asset class set to revolutionize how we live our lives, and early adopters stand to benefit greatly. But a new digital asset on the market is starting to attract attention from institutional investors: DigiToads (TOADS)....