USM.World partners with Magpie XYZ & boosts veTokenomics protocols
17.11.2022
USM.World is pleased and, with great excitement, made their official announcement of having joined hands in the form of a mutually beneficial partnership with Magpie XYZ. USM.World, by the way, happens to be the parent company of the 3D virtual world-United States of Mars (USM). Magpie XYZ, on...
Binance Coin Price Prediction as BNB Turns Green for the Week – Time to Buy?
17.11.2022
The price of Binance coin (BNB) has fallen to $266.46 today, representing a 2.5% drop in 24 hours. However, its current level marks a slight rise of 1% for the last seven days, with the exchange utility token having been affected by the ongoing FTX collapse....
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Nigerian Web3 Startup Says Funds Are Stuck With FTX, Lays Off Employees
17.11.2022
Nestcoin, a Nigerian Web3 startup which got an investment from Alameda Research in 2021, revealed on Nov. 14 that it had “a significant proportion of stablecoin investment” stuck at FTX. According to the startup’s CEO, laying off some employees allows the company to focus...
Major Esports Team TSM Drops Record-Breaking $210M Sponsorship Deal with FTX
17.11.2022
Professional esports organization TSM has suspended its partnership with FTX and dropped ‘FTX’ from its name. And it's far from being the only company to end a business deal with the collapsed crypto exchange.
Per the TSM announcement, the FTX branding will be removed from player jerseys, as well...
FTX Exploiter Swaps Thousands of Stolen BNB Crypto Tokens Into Ether, BUSD
17.11.2022
The attacker appears to convert their illicitly gained funds around the same time every day
South Korean Crypto Exchange Gopax Services Hit by Genesis Disruption
17.11.2022
Crypto chaos is finally taking its toll on South Korean exchanges – with the crypto investment bank Genesis’ decision to pause redemptions and new loan offerings earlier this week disrupting services on the Gopax trading platform.
Platforms in the nation have – until very recently – appeared...
World Blockchain Summit brings 2022 to a close in Bangkok this December
17.11.2022
The 23rd global edition explores the convergence of world-class content from the industry’s leading experts, entrepreneurs, and investors, with the opportunity to learn about the latest trends within the scope of Blockchain, crypto, and web3. Tuesday, November 15, 2022: After the incredible...
Ultra partners with Bit Hotel to launch Uniq NFT collection
17.11.2022
Bit hotel, which is a social-first game in the virtual world, will from hereon, be readily available on Ultra Games. In the case of the Ultra Games, it happens to be an online game in which all connected gamers can interact with other members. The players can also receive frequent rewards and...
Binance receives FSP from FSRA of ADGM to enhance customer safety
17.11.2022
Binance has gained the capability of allowing its professional clients to claim custody. The update follows the development wherein the crypto platform has received Financial Services Permission from the Financial Services Regulatory Authority of ADGM, short for Abu Dhabi Global Market. Receiving...
US Treasury Secretary Janet Yellen Says Crypto Markets Need More ‘Effective Oversight’ Following FTX Implosion
17.11.2022
As the collapse of major exchange FTX continues to fuel a bearish mood throughout the cryptosphere, US Treasury Secretary Janet Yellen has called for the introduction of tighter regulations for the crypto market.
“The recent failure of a major cryptocurrency exchange and the unfortunate impact...
Silo merges with Chainlink & strengthens financial operations
17.11.2022
Silo Finance, which happens to be a decentralized and non-custodial lending protocol, has formed an extremely favorable and mutually beneficial merger with Chainlink Price Feeds. However, this has been positioned on the Ethereum mainnet. Silo Finance is involved in the activities related...
US House Committee to Hold Hearing on FTX Collapse – Regulation Incoming?
17.11.2022
The US House Financial Services Committee plans to investigate the collapse of FTX and hold a hearing on the matter next month.
Current Chair and Congresswoman Maxine Waters, D-Calif., and Congressman Patrick McHenry, R-N.C., announced the hearing in a joint statement on Wednesday, saying that...