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Andrew Tate’s Crypto Proposal Suffers Early Death and Draws Criticism From Industry Experts
2.2.2024
Social media influencer Andrew Tate stirred controversy in the crypto space after revealing plans to launch a digital coin with a now-deleted February 2 X post. The social media influencer has since deleted the post, however, stating that it was just a “joke.” Andrew Tate’s $100M...
Thailand’s SEC Orders Zipmex to Suspend Trading and Brokerage Services
2.2.2024
Thailand’s Securities and Exchange Commission instructed cryptocurrency exchange Zipmex to temporarily suspend its digital asset trading and brokerage services beginning February 2. In a February 1 announcement, the SEC said that Zipmex has been given a 15-day period to fix its financial position...
Crypto Market Anticipates Release of $900M in Vested Tokens in February
2.2.2024
The digital asset market is anticipating the release of approximately $900 million in vested tokens in February. Various projects, including Avalanche, Aptos, The Sandbox, Optimism (OP), and Sui (SUI), are preparing to unlock tokens. Vesting refers to locking digital assets for a predetermined...
Marathon Digital Snaps Up Two Bitcoin Mining Sites From Hut 8 For $13.5 Million
2.2.2024
Marathon Digital will acquire two of Hut 8’s Bitcoin mining sites for $13.5 million under an agreement announced February 2 in a press release. Marathon Digital Buys Out Site Management Rights Top Bitcoin mining firm Hut 8 said in the release that it’s relinquishing Bitcoin mining sites...
Hong Kong Set To Release Consultation on Regulatory Framework for OTC Crypto Platforms
2.2.2024
Hong Kong will publish a consultation on a proposed regulatory framework for over-the-counter crypto trading platforms “very soon,” according to a February 2 blog post. Secretary for Financial Services and the Treasury Christopher Hui warned the public of the risks of over-the-counter venues, given...
OFAC Blocks Venezuelan Gold Business, Warns About Upcoming Oil Sanctions
2.2.2024
The Office of Foreign Assets Control (OFAC) has revoked the license of Minerven, the Venezuela-owned gold company, for commercializing gold in international markets. The sanctions on Minerven, which were eased in October, will be applied again on February 13, with oil and gas sanctions reported...
Meta’s Reality Labs Reports $4.65 Billion Operating Loss in Q4 2023 as Metaverse Efforts Continue
2.2.2024
Meta subsidiary Reality Labs, which focuses on the development of the metaverse, recorded a significant operating loss of over $4.6 billion in the fourth quarter of 2023. In its fourth-quarter report, released on February 1, Meta revealed that Reality Labs reported a loss of $4.65 billion during...
Three Arrows Co-Founders’ OPNX Exchange to Cease Operations
2.2.2024
Crypto exchange OPNX launched by Three Arrows Capital co-founders has announced it will “officially cease operations and shut down in February 2024.” The exchange said in an email it will cease all operations on 14 February. OPNX is asking customers to settle positions before 7 February, 8 AM...
Jupiter Airdrop Farmer Makes $1.1 Million Using Nearly 10,000 Wallets After Token Launch
1.2.2024
An airdrop farmer has made over $1 million in Jupiter tokens after creating nearly 10,000 Solana wallet addresses, according to a February 1 X post. Blockchain tracking firm Lookonchain revealed that the airdrop farmer had received 1.85 million Jupiter tokens through 9,246 wallets. Airdrop Farmer...
Sponge Announces Strategic Transition to SPONGE V2 on Polygon Network After Liquidity Pool Attack
1.2.2024
Thursday, February 1st, 2024 – Meme coin Sponge has announced the discontinuation of Sponge V1 as it accelerates its migration to the SPONGE V2 Polygon version of the digital asset. The pivot to a solid architecture for gaming, which the fast-growing and scalable Polygon network offers, provides...
KIP Protocol Closes Strategic Funding Round Led by Animoca Ventures
1.2.2024
PRESS RELEASE. Hong Kong, 1 February 2024 – KIP Protocol, the Web3 base layer for artificial intelligence (AI), has successfully closed its strategic funding round led by Animoca Ventures. KIP Protocol builds secure and gas-efficient Web3 infrastructure that makes it possible for AI creators...
sub0 Reveals Agenda and Speaker Line-up for Next Iteration of Annual Polkadot Developer Conference in Asia
1.2.2024
  Bangkok, Thailand (February 1, 2024) – The Polkadot Developer Conference, sub0, has announced the full agenda and final speaker lineup for its annual conference at Lhong 1919, in Bangkok, Thailand on March 12th and 13th, inviting ingenuity, collaboration and further Web3 development to Asia....
FF7 Rebirth Leads A Fantastical February Of Game Releases
31.1.2024
February 2024 has arrived, and with it a fresh calendar of exciting new game releases. From anti-hero super heroes, to returns of classic titles, to one of the most anticipated RPGs of the year, February looks stacked.Read more
Claim Launchpad XYZ LPX Token January 31, V1 Platform Live in February For 14,000% ROI
31.1.2024
Tuesday, January 30 2024 –  Highly anticipated Web3 portal and trading platform Launchpad xyz, which raised $2.79 million in its presale, is turning on claiming of its $LPX token from 11am UTC on Wednesday, January 31st.Heightened volatility is returning to the market with a vengeance...
Okx Adds Four Inscription Standards to Its Web3 Wallet and Marketplace
30.1.2024
Okx has said it will be adding support for four inscription token standards to its Web3 wallet at the beginning of and in late February. The Web3 firm has said the addition of inscription standards to its Web3 wallet and marketplace helps Okx drive the adoption of Web3 and power its next growth...
Polygon Introduces ‘AggLayer,’ Aims to Simplify Blockchain Integration Across Platforms
25.1.2024
Polygon Labs plans to release “AggLayer,” a new blockchain aggregation layer, in February. This development aims to enhance interoperability across blockchain platforms. According to Polygon’s recent blog, AggLayer is designed as a centralized protocol that aggregates zero-knowledge (ZK) proofs...
Frax Finance's Layer 2 Fraxtal to Debut in February: Founder
18.1.2024
Kazemian expects Fraxtal to debut with a bang, attracting at least several hundred million dollars worth of crypto assets in the first month
Bitcoin Miners Curtail Operations During Texas Winter Storm
18.1.2024
Everything is bigger in Texas – including the weather. In recent years, The Lone Star State has seen dramatic weather related events, including overly hot summers and unusually cold winters. For instance, an arctic blast hit Texas in February 2021, leaving many Texans literally out in the cold....
What Future of Crypto Taxes and Regulations May Look Like in India – Insights From Expert
17.1.2024
The Indian crypto market is buzzing with talks of taxation and regulations. With the central government set to announce the interim budget on 1st February, crypto exchanges and traders are hoping for relief from the 1% TDS (Tax Deducted at Source) and 30% tax on crypto. However, the chances...
Grayscale’s GBTC Discount Closes to Zero for First Time Since February 2021
11.1.2024
Grayscale received the regulatory green light to convert its flagship product into an ETF on Wednesday