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Kraken Crypto Exchange Terminates Accounts of Russian Users
24.10.2022
In a bid to comply with the European Union’s sanctions on Russia, major crypto exchange Kraken has unveiled its move to restrict and eventually shut down services for Russian accounts. The latest development follows the adoption of new Brussels-led penalties in response to Moscow’s continued...
Ripple Lead Engineer Leaves After 10 Years at the Firm – What's Going On?
24.10.2022
Software engineer and cryptographer Nik Bougalis has announced that he is leaving Ripple after nearly 10 years at the firm.
Joined a growing list of crypto leaders who are leaving their executive roles in the industry amid the ongoing crypto crash, Bougalis said in a Saturday tweet that his role...
Bankruptcy Court Approves FTX Purchase Agreement for Voyager Assets
24.10.2022
Major crypto exchange FTX has secured the approval of a U.S. bankruptcy court to take over the assets of troubled crypto platform Voyager Digital.
In a statement, the platform said the U.S. Bankruptcy Court for the Southern District of New York decided to approve Voyager Digital’s “entry into...
New Report: Web3 Can Add $1.1 Trillion to India GDP
24.10.2022
The Web3 industry can add as much as $1.1 trillion to India’s GDP by 2032, a new report from the Indian tech industry association Nasscom has shown.
The massive value-add to the economy will come as India continues on its path as a leading global player for Web3, both on the development...
Crypto Lawyer John Deaton Praises XRP Holders For Efforts During Ripple Lawsuit – Find Out What He Said
24.10.2022
John Deaton, crypto lawyer and founder of legal and regulatory digital asset news company CryptoLaw, has praised XRP holders for their support in the ongoing Ripple lawsuit.
In a Saturday tweet, Deaton mentioned that 3,000 XRP holders' affidavits have been submitted by Ripple. He said that this...
Sam Bankman-Fried Under Fire for Controversial Comments on DeFi Protocols
21.10.2022
Sam Bankman-Fried, CEO of the crypto exchange FTX, has come under fire by the crypto community for comments that could imply that he is in favor of censoring DeFi protocols....
Read More: Sam Bankman-Fried Under Fire for Controversial Comments on DeFi Protocols
Tether USDT Available in Over 24,000 ATMS in Brazil
21.10.2022
Stablecoin issuer Tether has announced that SmartPay aims to boost the Brazilian population’s access to the popular USDT stablecoin by making it available at more than 24,000 ATMs across the South American country. ...
Read More: Tether USDT Available in Over 24,000 ATMS in Brazil
SIMBA’s CEO Bryan Ritchie on US Government’s Adoption of Blockchain
20.10.2022
Serial entrepreneur and CEO of SIMBA Chain (short for Simple Blockchain Application), Dr. Bryan Ritchie, discussed the US Government's role as a leader in blockchain adoption for several of its branches, including the US Air Force and the US Space Force.
How SIMBA is Solving Web3 Adoption...
Former Celsius Exec Hired By JPMorgan as Head of Crypto
20.10.2022
Aaron Iovine, a former executive at bankrupt crypto lender Celsius (CEL), has found a new job, joining U.S. investment bank JPMorgan Chase & Co as the company’s executive director of digital assets regulatory policy.
Iovine previously served as the head of policy and regulatory affairs at Celsius...
Ambrosetti joins VeChain to boost sustainability in fashion industry
20.10.2022
Ambrosetti, a consulting firm that predicts economic and geo-political outlooks for Italy and Europe, has joined forces with VeChain, a leading blockchain enterprise. Venice Forum will be the first international summit on 27 & 28 October 2022 to dedicate a sustainable fashion field transition....
Shardeum raises $18.2 million in Seed Round Funding
20.10.2022
Shardeum experienced overwhelming support in its seed funding round. Over 50 investors were invited to participate, and at the end of the day, Shardeum managed to raise $18.2 million. WEMADE was one of the investors to participate in the seed funding round. The strategic investment done by Wemade...
South Korea to Roll out Digital IDs as Banks Push Blockchain Driver’s Licenses
19.10.2022
South Korea may soon do away with plastic – and ditch physical forms of ID in favor of blockchain technology-powered alternatives....
Read More: South Korea to Roll out Digital IDs as Banks Push Blockchain Driver’s Licenses
zkSync end-to-end prover positioned live on Testnet
19.10.2022
zkEVM is thrilled and enthusiastic about making its official announcement regarding the zkSync 2.0, that is, at the very moment, a completely functional end-to-end zkEVM. It has also been effectively positioned on a public testnet. As a matter of consideration, the concept of a zkEVM was considered...
Token Terminal launches its new version: APIv2
19.10.2022
Token Terminal, a platform for various crypto asset data, has announced its new version of API, APIv2. The token Terminal provides access to impeccable and regulated metrics that helps the users to integrate and compare blockchains. Initially, most of the on-chain applications were a fixed set...
Walmart-Backed Indian Commerce Giant Flipkart to Allow Customers to Buy Items in the Metaverse
19.10.2022
As Indian online retail giant Flipkart seeks more digital interaction with its customers, the company has announced it will initiate a metaverse offering, Flipverse, enabling them to access “gamified, interactive and immersive” experiences through the firm’s app. ...
Read More: Walmart-Backed...
Optimism collective launches OP stack
19.10.2022
Optimism takes immense pride and pleasure in making their formal deliverance of the next level of their created upgradable architecture, the OP stack. It is a modular blueprint that benefits all varieties of blockchains with the features of being enormously upgradable and interoperable. ...
Three Arrows Capital Under Investigation by SEC and CFTC After Bankruptcy
18.10.2022
American regulators have launched investigations into the activities of bankrupt Singaporean hedge fund Three Arrows Capital (3AC), with the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC), seeking to identify the reasons and responsible persons behind...
Aptos arrives at Aptos Mainnet & leads to blockchain upgradation
18.10.2022
Aptos is in the pleasurable process of inviting all users to connect with the Aptos Mainnet. According to reliable sources at Aptos, this unique achievement has taken them four years of relentless and dedicated effort and focus. Along the journey, they have received endless benefactions from...
Terra Developers Propose $250 Million Ecosystem Funding Program
18.10.2022
The developers behind the remnants of the fallen Terra (LUNA) network have unveiled an ecosystem funding program worth some LUNA 95 million ($248 million), seeking to encourage developers, miners and users to develop the troubled ecosystem. ...
Read More: Terra Developers Propose $250 Million...
Billionaire Michael Saylor Pitches Bitcoin to American Investor Ray Dalio
17.10.2022
Michael Saylor, the founder and former CEO of software business MicroStrategy, said that Bitcoin (BTC) is the only money that has the potential to align “all interests to focus on peaceful engagement, rational action, & productive industry.” The notorious crypto-enthusiast tweeted this in response...