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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....
Gofaizen and Sherle Introduce Full-Cycle Online Accounting In Lithuania
9.11.2022
PRESS RELEASE. Gofaizen & Sherle is a legal and business consulting firm specializing in digital asset-based businesses, financial institutions and investment funds. Having been founded in September 2021, the company has successfully gained a portfolio of hundreds of different projects...
LBank Exchange Will List Byepix (EPIX) on November 10, 2022
9.11.2022
PRESS RELEASE. INTERNET CITY, DUBAI, Nov. 7, 2022 – LBank Exchange, a global digital asset trading platform, will list Byepix (EPIX) on November 10, 2022. For all users of LBank Exchange, the EPIX/USDT trading pair will be officially available for trading at 13:00 UTC on November 10, 2022....
Gamefi Project Oasys Aims to Grow Blockchain Gaming in Japan Through YGG Partnership
8.11.2022
Oasys, a gaming-oriented, Japan-based Web3 project, is partnering with YGG, a blockchain gaming guild, to grow blockchain gaming in Japan. The partnership encompasses the use of YGG resources to promote gaming projects built on top of the Oasys ecosystem, giving developers from all over the world...
DeFi faces criticism for denying user access based on wallet content
8.11.2022
Entrepreneur Brad Mills said that decentralized finance rebuilt everything wrong with Wall Street on a blockchain
From NFL to NFTs, Tim Tebow Gets Into the College Game With Solana-Based Platform
7.11.2022
The two-time national champion and Heisman trophy winner discusses why he got into crypto and what his Solana-backed platform looks to do for athletes
Square Enix Announces Symbiogenesis, a Story-Driven NFT Interactive Experience
7.11.2022
Square Enix, the Japanese AAA game developer and publisher, announced the launch of a new NFT-based gaming franchise, titled Symbiogenesis. The experience, which will be built on top of Ethereum, will leverage the use of NFTs (non-fungible tokens) as art that users can set as profile pictures...