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How to protect against crime in the metaverse
4.2.2023
To protect against crime in the metaverse, take precautions, such as using secure passwords, and report suspected criminal activities to law enforcement
Sri Lanka against Bitcoin adoption, rejects Draper’s anti-corruption pitch
4.2.2023
Central bank Governor Nandalal Weerasinghe believes that adopting decentralized cryptocurrencies would worsen the country’s economic situation
Craig Wright's UK Case Against 16 Bitcoin Developers to Go to Full Trial
3.2.2023
A full trial is expected in early 2024 following a successful appeal
MetaLend has deployed on Ronin to borrow and lend against NFTs
3.2.2023
Ronin Network recently announced the launch of MetaLend on its mainnet. MetaLend is primarily known for helping Axie Infinity users get loans for in-game assets. The assets include land and axies directly associated with the Ronin wallets. In addition, MetaLend develops software that lets users...
US Judge Dismisses Customer Lawsuit Against Crypto Exchange Coinbase
3.2.2023
A U.S. district judge has dismissed a lawsuit against Coinbase and its CEO Brian Armstrong filed by customers of the crypto exchange. The lawsuit alleges that Coinbase sold 79 crypto tokens that are unregistered securities. Customer Lawsuit Against Coinbase Dismissed A proposed class action lawsuit...
Smart Contract Token Market Soars to $332 Billion; Defi Value Reaches High Not Seen Since FTX Collapse
2.2.2023
The smart contract token economy rose 5.6% against the U.S. dollar on Thursday, reaching $332 billion. Additionally, the value locked in decentralized finance (defi) increased to nearly $50 billion, a record high not seen since the collapse of FTX. Smart Contract Economy and Defi TVL Bounces Back...
Regulatory action against Mango Markets exploiter is a win for DeFi — Moody’s
2.2.2023
SEC and CFTC taking action against the alleged fraudster show that DeFi is becoming a “safer and more welcoming environment,” according to credit rating firm Moody’s
Following APT’s 400% Rise Since Late December, Aptos Drops 20% From All-Time High
1.2.2023
On Jan. 26, 2023, the cryptocurrency asset aptos (APT) reached an all-time high and then lost 20% of its value over the next five days. In the past 24 hours, it also shed 8.3% against the U.S. dollar. Despite the decline from its all-time high, APT is still up 349% compared to last month’s...
LBRY Credits’ Win Against SEC Ignites Hope for the XRP Community
1.2.2023
The US Securities and Exchange Commission (SEC) has been going after several crypto projects and companies for claiming that they are selling unregistered securities. In November last year, the SEC won a case against LBRY Credits, with the judge ruling that the LBC token was an investment contract....
Metaverse Tokens Outperform Top Crypto Assets in 2023 With Decentraland’s MANA Leading the Pack
1.2.2023
During the first month of 2023, the top two leading cryptocurrencies, bitcoin and ethereum, experienced double-digit gains against the U.S. dollar. Meanwhile, several alternative cryptocurrencies saw even greater increases in value, with metaverse tokens like Decentraland’s MANA and...
Alameda Research Seeks $446 Million Over Alleged ‘Preferential Transfers’ to Voyager Digital
31.1.2023
On Monday, Alameda Research Ltd. filed a legal complaint against Voyager Digital LLC and HTC Trading Inc. in the U.S. bankruptcy court. The complaint alleges the defendants received preferential transfers of property from Alameda Research and the plaintiffs are seeking to recover approximately...
BAYC investors have less than a week to join class action against Yuga Labs
31.1.2023
The new class action lawsuit aims to help BAYC and APE buyers get compensation from Yuga Labs due to the firm allegedly misleading investors
Bitcoin Rise in First Month of 2023 Moves Crypto Fear Index From ‘Extreme Fear’ to ‘Greed’
30.1.2023
Last month, statistics showed that the Crypto Fear and Greed Index (CFGI) had a score of 25, indicating “extreme fear.” Thirty days later, with a 39% increase in bitcoin prices against the U.S. dollar, the current CFGI score on Jan. 30, 2023, is 61, reflecting “greed.”...
Argentine Peso Loses Almost 12% Against the Greenback During January; Inflation Projected to Rise Sharply
30.1.2023
The Argentine peso has fallen consistently against the U.S. dollar this month, losing almost 12% since Jan. 1. The behavior of the exchange rate for the informal “blue” dollar keeps bringing concerns about a possible escalade in inflation rates, that are predicted to reach almost 100%...
White House cryptocurrency ‘roadmap’ recommends against pension funds
28.1.2023
The Biden administration touted its comprehensive framework and encouraged regulators and Congress to tighten the screws on crypto in a new statement
FTX Lawyers Attempt to Question Bankman-Fried’s Family and Inner Circle for Financial Insight
27.1.2023
According to court documents in the FTX bankruptcy case, the company’s attorneys seek to subpoena FTX co-founder Sam Bankman-Fried, his brother Gabriel Bankman-Fried, and his parents, Joseph Bankman and Barbara Fried. Additionally, the attorneys intend to question some...
Crypto Asset Aptos Soars to All-Time High, Increasing 391% in 30 Days
27.1.2023
During the past 30 days, the layer one blockchain asset aptos (APT) has risen 391.8% against the U.S. dollar. In the past seven days, Aptos has increased 123.7% after reaching an all-time high of $19.92 per unit on Jan. 26, 2023. The Role of Decentralized Finance, Infrastructure Support, and NFTs...
Coinbase Fined €3.3 Million in Netherlands, Exchange Considers Appeal
27.1.2023
The Dutch central bank has imposed a fine on crypto exchange Coinbase for providing services in the past without the necessary registration. The trading platform, which has until March to object to the measure, is currently considering an appeal against the move. Dutch Monetary Authority Fines...
Jim Cramer Says Avoid Crypto, Stick With Gold for ‘Real Hedge’ Against Inflation and Economic Chaos
25.1.2023
The host of Mad Money, Jim Cramer, has advised investors to avoid crypto and stick with gold if they “seriously want a real hedge against inflation or economic chaos.” He added that bitcoin is too volatile to use as a currency. “Imagine business owners trying to conduct...
Economist Peter Schiff Explains Why Bitcoin and Gold Are up This Year — ‘They’re Rising for Opposite Reasons’
25.1.2023
Economist and gold bug Peter Schiff has explained why bitcoin and gold are going up this year. “They’re rising for opposite reasons,” he said, claiming that the price of gold is climbing as investors view the metal as a hedge against inflation and a weaker dollar. Peter Schiff...