Crypto lender Hodlnaut reportedly faces police investigation in Singapore
24.11.2022
Hodlnaut reportedly lied about its exposure to the now-defunct Terra algorithmic stablecoin and lost nearly $190 million
Leading Crypto Wallet MetaMask Reveals it Collects User Data, Faces Backlash From Community
24.11.2022
Major Ethereum (ETH)-focused blockchain company ConsenSys updated its privacy policy on Wednesday, stating that the popular crypto wallet MetaMask will be collecting certain user data - much to the dissatisfaction of the privacy-loving community. The wallet co-founder, however, said that this...
Russian Lawmakers Want to Create a State-run Crypto Exchange
24.11.2022
Russian lawmakers have devised a plan that could see the nation create a state-run crypto exchange.
Per Vedomosti, members of the State Duma, Russia’s parliament, have “begun to develop a draft amendment” that involves “creating a national crypto exchange in Russia.”...
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Oryen Network sees green as Maker and Evmos post hard losses
24.11.2022
After a long streak of flat weeks, with Maker And Evmos posting hard losses, Oryen Network appears as a hope to unfreeze the crypto market. This revolutionary auto-staking protocol progressively gains in value over the weeks of the presale. What’s Oryen’s secret of success?...
Ripple CTO Comments on FTX Collapse, Says it Can Happen Again With Other Exchanges Unless This Happens
24.11.2022
As the sudden collapse of major crypto exchange FTX continues to ravage through the markets across the world, David Schwartz, the chief technology officer of U.S. blockchain company Ripple, believes that only enforcing a system of automatized checks and balances can prevent various crypto...
The Sandbox teams up with K-pop Web 3.0 startup ‘Modhaus’
24.11.2022
The Sandbox and Modhaus have collaborated in order to create a collaboration that will be advantageous to both parties. This entity is a startup built on K-pop Web3. This collaboration will mark the beginning of the development of an appropriate and sufficient social platform for the benefit of...
Ethereum Foundation evaluates withdrawal of ETH staked
24.11.2022
The JavaScript team of the Ethereum Foundation has officially declared that, at the present moment, they are gradually and effectively moving in the direction of making it possible and feasible to make Beacon Chain withdrawals, in the case of staked ETH. In order to capably complete the required...
New York Attorney General Urges Congress to Prohibit Retirement Investments in Crypto Assets
24.11.2022
New York Attorney General Letitia Games has urged lawmakers to ban the use of crypto assets as an investment option for retirement accounts.
In a November 22 letter penned to members of Congress, James claimed that US lawmakers need to protect workers’ retirement funds from high-risk crypto...
Binance.US to Bid for Crypto Lender Voyager, CZ Confirms
24.11.2022
Binance CEO Changpeng "CZ" Zhao has confirmed that the exchange's U.S. wing will be making a fresh bid for crypto lender Voyager now that the defunct FTX is unable to follow through with acquiring it
Bahamas Securities Regulator Blasts 'Inaccurate' Accusations Made by FTX
24.11.2022
The Securities Commission of The Bahamas said FTX "misrepresented" the regulator's move to secure the embattled exchange's assets against hacks in bankruptcy court filings in the U.S
IMF Blog: Better Regulation of Africa’s Growing Crypto Market Urgently Needed
24.11.2022
A well-regulated African cryptocurrency market is needed in order to protect users as well as help countries stop bad actors from using digital assets to circumvent capital controls, the latest post on the IMF blog has said. The blog post reiterated the IMF’s belief that risks to a country...
Binance Targets $1B Recovery Fund for Distressed Crypto Assets: Bloomberg
24.11.2022
The Binance fund will be open to contributions from other industry players