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Moonbeam Foundation gets a new Kusama parachain lease
27.1.2023
The Moonbeam Foundation has happened to have successfully managed to get itself another Kusama parachain lease. This, in turn, will provide Moonriver the opportunity to carry on its functions in the role of a parachain without any hitches. This goes to the credit of Moonbeam Foundation. It was...
Russian Finance Ministry Makes Fresh Bid to Tax Crypto Miners
26.1.2023
The Russian finance ministry has launched a fresh attempt to tax crypto miners – in a bid to surmount obstacles thrown up by the nation’s Central Bank and law enforcement agencies....
Read More: Russian Finance Ministry Makes Fresh Bid to Tax Crypto Miners
DCG-Owned Crypto Exchange Luno Just Laid-Off 35% of Its Workforce – Here’s Why
26.1.2023
Cryptocurrency exchange Luno, which is owned by crypto conglomerate Digital Currency Group, has slashed 35% of its global workforce.
The company, which has offices in Africa, Southeast Asia, and Europe, reportedly informed employees during a live-streamed town hall on Wednesday.
“2022 has been...
S Korean Prosecutors Raid Bithumb in Price Manipulation Probe, Hope to Arrest ‘Owner’
26.1.2023
The South Korean crypto exchange Bithumb has suffered another double blow from the nation’s prosecutors – who have raided the exchange in a price manipulation probe. Officers also want to arrest Bithumb’s suspected largest shareholder on embezzlement charges.
YTN reported that the Seoul Southern...
LATAM Payments Giant Mercado Pago Launches Fresh Crypto Adoption Drive
25.1.2023
The Latin American e-commerce heavyweight Mercado Libre has taken another step into the world of crypto – and will pay its customers to refer friends to the crypto trading service on Mercado Pago, its e-pay app.
Mercado Libre is often dubbed the LATAM Amazon, and has hundreds of millions of users...
Armed Gang Bungles Attack on Spanish Crypto Firm
25.1.2023
Police in Barcelona, Spain, have arrested five men after a gang tried to storm a crypto company “armed with taser guns and zip ties.”
Per El Caso, officers belonging to the Mossos d’Esquadra – the Catalonian police force – swooped after the alleged would-be thieves were intercepted by...
Ethereum’s devs place shadow fork to back ETH withdrawals
25.1.2023
In terms of having created an absolute landmark on Ethereum’s next bit of upgradation, the network’s developers have successfully positioned a shadow fork in terms of the backing of staked ETH withdrawals. Marius Van Wijden of the Go Ethereum (Geth) client mentions through a tweet that...
MYSO goes live on the Arbitrum Goerli Testnet for L2 expansion
25.1.2023
MYSO recently announced going live on the Arbitrum Goerli Testnet. The DeFi protocol released a string of tweets on its official channel about the launch. According to the tweets, Arbitrum users can now access Zero-Liquidation loans from MYSO Finance. The move falls in line with MYSO’s attempts...
FBI Says North Korea Was Behind $100m Harmony Horizon Bridge Hack
24.1.2023
The United States Federal Bureau of Investigation (FBI) has blamed North Korean hackers for the attack last year on the cross-chain bridge provider Harmony. The Harmony Horizon bridge was compromised in June 2022, with hackers making off with $100 million worth of crypto.
The FBI, Reuters...
Coinbase Crypto Exchange Announces Partnership with Germany's Borussia Dortmund Soccer Team – Here’s What You Need to Know
24.1.2023
Major US-based cryptocurrency exchange Coinbase has expanded its partnership with German soccer team Borussia Dortmund (BVB) to include advertising in the stadium and promotions on all BVB marketing channels....
Read More: Coinbase Crypto Exchange Announces Partnership with Germany's Borussia...
New York’s Chief Financial Regulator Mandates Firms to Separate Customers' Crypto Assets from Their Own
23.1.2023
New York’s chief financial regulator plans to release new guidance that will mandate companies to separate their own crypto assets from that of customers'.
The New York State Department of Financial Services (NYDFS) will also require state-regulated firms to disclose how they account for clients'...
Binance Banking Partner Restricts Crypto Transactions to $100,000 and Above – Here’s Why
23.1.2023
Binance, the world’s largest crypto exchange by trading volume, says it can no longer support USD deposits and withdrawals through SWIFT if the amount transferred is less than $100,000.
The reason for the new limitation, which sets the bar for such transfers extremely high for most ordinary crypto...
Japan Edges Toward Corporate Crypto Tax Reform
23.1.2023
Japan is inching closer to reforming its strict crypto tax laws for corporations – in a bid to stop an “exodus” of crypto talent and capital from flowing overseas.
Pressure to reform has mounted in recent years, with industry figures and opposition leaders alike all calling for change....
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ZKasino is officially live on Mainnet with USDC and BUSD support
23.1.2023
ZKasino, the emerging on-chain casino, recently announced its official mainnet launch. Players can now access the betting platform on Polygon using USDC and BNB Chain using BUSD. The platform has released a 100,000 dollars free-to-enter lottery to celebrate the launch. Seeing how the casino...
Is The Federal Home Loans Bank System Carrying Out a Stealth Rescue of the 2 Biggest Crypto Banks?
22.1.2023
Signature Bank and Silvergate, two of the biggest crypto banks, have received billions in loans from the Federal Home Loan Banks, a system originally designed to support housing finance and community investment.
According to a Saturday report from The Wall Street Journal, Signature Bank received...
Decentraland Founders Are Creditors of Bankrupt Genesis - How Much Are They Owed?
21.1.2023
Three Decentraland executives, including two co-founders and the platform's CFO, are named among the top creditors of now-bankrupt cryptocurrency lender Genesis Global.
Decentraland co-founders Esteban Ordano and Ari Meilich and the platform's CFO Santiago Esponda are listed among the 50 largest...
Former FTX US President Manages to Raise Funds From Coinbase, Circle for His New Firm After Publicly Blasting SBF
20.1.2023
Brett Harrison, former president of FTX US, has managed to raise funds from major crypto investors such as Coinbase Ventures and Circle Ventures after publicly blasting FTX founder Sam Bankman-Fried.
According to a Friday report by Bloomberg, Harrison has raised $5 million for his new crypto...
Crypto Users in Brazil, India Set for Boost from Latest Samsung Wallet Rollout
20.1.2023
Samsung has announced the rollout of its crypto wallet-linkable mobile payments solution – Samsung Wallet – in Brazil, India, Malaysia, and five other countries.
Per an official Samsung release and a report from Brazil’s Livecoins, the firm will also unveil the service to users in Australia...
FTX to Reopen its Crypto Exchange Business? New CEO John Ray III Says He’s Open to the Idea
20.1.2023
Speculation is mounting over whether FTX could reopen to users, after the company’s new CEO, bankruptcy expert John Ray II, said he is open to the idea.
“Everything is on the table. If there is a path forward on that, then we will not only explore that, we’ll do it,” Ray said with regards to...
Crypto Firm Nexo Pays Out $45 Million in Settlement with SEC, Shutters Lending Product
20.1.2023
Crypto lending company Nexo has agreed to pay a total of $45 million to US regulators to settle claims that it failed to register the sale of its Earn Interest Product (EIP).
According to two separate statements by the US Securities and Exchange Commission and the North American Securities...