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Brazil Based FTX Customers Organizing to File Class-Action Lawsuit
18.11.2022
A group of customers of the recently collapsed crypto exchange FTX, is organizing to take legal action against the company. The suit would be led by Ray Nasser, CEO of Arthur Mining, and will be brought by customers who had more than $100,000 on the exchange by the time of its bankruptcy. Brazilian...
Cardano-Based Regulated Stablecoin USDA Will Hit the Market in Early 2023
18.11.2022
USDA would be the first fully fiat-backed, regulatory-compliant stablecoin in the Cardano ecosystem, Emurgo said
Ripple Partners With Africa-Focused Remittances and Payments Firm MSF Africa
18.11.2022
Ripple, the United States-based tech firm, has said its crypto solution known as “on-demand liquidity” is set to help MSF Africa “streamline real-time mobile payments for customers in 35 countries.” The evolution of Ripple’s partnership with MSF Africa, which has...
Voxel Crazy Head and Metaspace․game Represent a Combination of Reality, Game Development, and High Technology
18.11.2022
PRESS RELEASE. Voxel Crazy Head and Metaspace.game invite users to create their own avatars and take part in a thrilling metaverse adventure. What Is Voxel Crazy Head? Voxel Crazy Head is a blockchain-based collection of 10,000 unique NFT heads that also function as keys to the metaverse. The voxel...
The Hop: MOVE Estrella Galicia’s Digital Innovation Programme Makes the Leap to Web3
17.11.2022
PRESS RELEASE. After 4 editions based on digital innovations related to Estrella Galicia’s value chain, The Hop takes another step toward the exploration and development of Web3 initiatives. 17 November 2022, A Coruña, Spain — The fourth edition of The Hop comes to a close this year, ending a cycle...
Australian Securities Exchange Cancels Blockchain-Based Clearing System at $168M Cost
17.11.2022
The Australian Securities Exchange (ASX) has cancelled its much-delayed blockchain replacement to its aged Clearing House Electronic Subregister System (CHESS)
Terra’s $2.8B Defense System — Luna Foundation Guard Audit Says Group Spent More Than 80,000 Bitcoin Defending UST Peg
16.11.2022
Months after the collapse of Terra’s U.S. dollar-pegged token UST, the organization created to protect the once-stable coin, the Luna Foundation Guard (LFG), published an audit report audited by the New York-based consultancy company JS Held. According to the report, LFG claims to have spent...
News Summary: SBF May be Brought to US for Questioning, FTX Australia’s Financial License Suspended, FTX Bahama-based Subsidiary Files for Bankruptcy
16.11.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: News Summary: SBF May be Brought to US for Questioning, FTX Australia’s Financial License Suspended, FTX Bahama-based...
Singapore-Based Crypto Exchange Bitget Opens Operations in Brazil
16.11.2022
The company has integrated with the government’s payment system Pix and begun allowing crypto purchases with Brazilian reals
Team Vitality and Tezos unveil V.Hive, a blockchain-based esports
16.11.2022
Team Vitality is excited to introduce V.Hive, the first mobile app with support-to-earn in blockchain-based esports. This revolutionary app has been built on the most sophisticated blockchain in the world, Tezos. The mobile app has been made accessible on both iOS and Android platforms. V.Hive...
Cryptopunks Climb Past Bored Ape NFT Floor Values Amid Crypto Market Carnage
16.11.2022
During the last five days, non-fungible tokens (NFTs) stemming from the Cryptopunks NFT collection have surpassed Bored Ape Yacht Club (BAYC) NFTs in terms of floor value. Statistics over the last ten days show the floor value of Cryptopunks NFTs remained above the 60 ether zone, while BAYC-based...
Nike Launches Web3 Platform Offering Virtual Apparel and Other NFT-Based Products
15.11.2022
Sportswear giant Nike has launched .Swoosh, a new Web3 platform that will be used to launch virtual apparel like t-shirts and sneakers for avatars.
Nike became one of the biggest fashion-world players in Web3 in mid-December last year when the company acquired RTFKT, a virtual sneakers company...
Huobi Becomes Latest Crypto Exchange to Disclose Proof-of-Reserves
15.11.2022
Huobi, the Seychelles-based crypto exchange, recently became the latest digital asset exchange platform to reveal the number as well as the value of its digital assets held in reserves. Huobi has said disclosing the assets held in reserves helps to boost users’ confidence in the exchange...
FTX Contract Deployer Unlocks 192 Million FTT, Exchange Token’s Questionable Tokenomics Highlights Red Flags
13.11.2022
Following the collapse of FTX and the exchange filing bankruptcy on Nov. 11, the trading platform’s exchange token called ftx (FTT) has shed 91.6% in value during the last seven days. While the FTT token’s utility is based entirely on the backing of the now-bankrupt FTX and Alameda...
Latam Based Crypto Exchange Bitso Launches QR Payment Service for Tourists in Argentina
12.11.2022
Bitso, one of the largest cryptocurrency exchanges in Latam, has launched a QR payments program geared towards travelers in Argentina. The service proposal seeks to ease the way in which travelers and tourists make payments in the country, using Bitso’s interoperable QR payment technology...
Tron-based tokens sell at 1200% premium as FTX users scramble to withdraw
11.11.2022
The JST token in particular is trading for a premium of around 1,200%, while BTT and TRX have inflated at least 500% apiece
TRX’s USD Exchange Rate Jumps 270% Higher on FTX After Exchange Brokers Deal With Tron
11.11.2022
On Thursday, at approximately 12:48 p.m. (ET), the embattled exchange FTX revealed that it has created a special facility with Tron. The deal allows holders of specific Tron-based coins to withdraw the tokens to external wallets on a 1:1 ratio. While coin market aggregation sites say tron tapped...
Alchemy Pay Brings OnRamp and NFT Checkout to London Token2049
11.11.2022
PRESS RELEASE. Fiat-crypto payment provider, Alchemy Pay, is bringing its mainstream-friendly services to Europe’s foremost crypto conference – London Token2049. The Singapore-based company has taken its payment network infrastructure and pivoted to direct-to-customer (D2C) services, with...
Tron's TRX Jumps 140% Amid 1:1 FTX Redemption of Tron-Based Tokens
10.11.2022
FTX announced that Tron-based assets could be moved to external wallets
Abu Dhabi Fintech Startup Raises $20 Million in Series B Funding Round
9.11.2022
Abu Dhabi-based fintech, Pyypl, announced on Nov. 7 that it had raised $20 million in Series B funding and this brought the total of funds raised to nearly $40 million. Pyypl has said it plans to use the recently raised funds to develop and add new features to its proprietary technology....