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Unmarshal now supports Moonbeam Network
17.1.2023
Unmarshal has published a blog post to announce that it has added support for Moonbeam Network as a part of regularly adding support for multiple chains. The integration of the endpoints of Unmarshal with Moonbeam Network will allow users to query blockchain data while architecting an application...
Kevin O’Leary Says Crypto is Getting "Very Interesting" - Here's Why
17.1.2023
Investor and Shark Tank star Kevin O'Leary has said crypto is getting "very interesting" as the recent events have forced lawmakers to push for a solid regulatory framework....
Read More: Kevin O’Leary Says Crypto is Getting "Very Interesting" - Here's Why
Want to Buy Distressed Crypto Assets? 3AC Founders May Be Creating an Exchange For That Called GTX
17.1.2023
The founders of now-bankrupt crypto hedge fund Three Arrows Capital and troubled crypto exchange CoinFlex have teamed up to create a new exchange focused on the claims of failed crypto projects.
Su Zhu and Kyle Davies, the founders of collapsed crypto hedge fund Three Arrows Capital (3AC),...
Multiple South Korean Firms Reportedly ‘Preparing Security Token Offering Platforms’
17.1.2023
A number of South Korean firms are preparing to launch security token offering (STO)-related services this year. And they are hopeful that regulators will give them the green light to get started this month.
Busan Ilbo reported that a number of major domestic companies are now keenly awaiting...
Japanese Power Giant TEPCO Explains Crypto Mining Plans
16.1.2023
Tokyo Electric Power (TEPCO), Japan’s biggest power provider, has explained how it is planning to make use of surplus renewable electricity to power its bitcoin (BTC) and altcoin mining operations.
TEPCO first unveiled its mining plans late last year, providing a boost to local crypto markets....
Shiba Inu’s Layer-2 blockchain: Shibarium Beta
16.1.2023
Shibarium Network tweets to announce the most awaited launch of Shibarium Beta, Shiba Inu’s Layer-2 blockchain. The message of Shibarium Network showcases the completion of all the preparations for the launch of Shibarium Beta. The Shiba Inu team’s official blog introduced some fundamental concepts...
Brazil’s Nubank Remains Bullish on Crypto with New Token Listings
16.1.2023
The Brazilian neobank Nubank’s decision to list polygon (MATIC) and uniswap (UNI) on its banking app has been met with enthusiasm from the crypto community.
Nubank first began its crypto pivot in mid-2022, when it announced it would buy bitcoin (BTC) using its balance sheet. The company claimed...
Will FTX Japan Depositors Really Get Their Money Back in February?
16.1.2023
The Japanese subsidiary of cryptocurrency exchange FTX is expected to resume withdrawals starting in February, according to a Japanese senior official.
Mamoru Yanase, deputy director-general of the Financial Services Agency’s Strategy Development and Management Bureau, has said FTX Japan will...
Hardfork: Polygon PoS Chain upgrade to increase performance
16.1.2023
The debut of Polygon PoS came with the solution for Ethereum’s scaling problem. Developers and users benefited from almost everything they love about Ethereum with low gas fees. Now, the Polygon has evolved as a leading destination for dApps with numerous decentralized apps, 207 and above unique...
India's Central Bank Governor Calls Crypto "Gambling," Asks for Blanket Ban Again!
15.1.2023
India’s central bank governor has once again expressed skepticism toward cryptocurrencies, saying these assets are “nothing but gambling” and asking for a blanket ban.
Speaking at a Business Today event, Shaktikanta Das claimed cryptocurrencies don't have any intrinsic value and their perceived...
Sand Dollar Digital Currency Struggle for Relevance After FTX Disaster
15.1.2023
The Sand Dollar, a digital version of the Bahamian dollar, is in a tight spot within the island nation following the unprecedented collapse of cryptocurrency exchange FTX.
FTX, once the third-largest cryptocurrency exchange in the world with a valuation of $32 billion at its peak, was based in...
DOJ Opposes Law Firm Tasked With FTX Investigation for Conflict of Interest
14.1.2023
The US Department of Justice has opposed FTX hiring Sullivan & Cromwell, the law firm currently tasked with the exchange's investigation, citing potential conflicts of interest.
In a recent legal filing, the US Trustee said it is objecting to the FTX decision due to two "overarching" reasons....
Justin Sun Says He's Interested in Putting Up to $1 Billion for a DCG Asset Fire Sale
14.1.2023
Justin Sun, founder of TRON Foundation, has revealed he is willing to spend up to $1 billion of his own money to buy assets of embattled cryptocurrency lender Genesis’ parent firm, Digital Currency Group (DCG).
In an interview with Reuters, the Chinese crypto entrepreneur said he is willing...
Crypto ETFs Are the Top Fund Performers as New Year Rally Strengthens
14.1.2023
The crypto-focused exchange-traded fund (ETF) market has seen a topside push in 2023 amid a surge in cryptocurrency prices.
So far this year, the 14 top-performing ETFs are all tied to digital assets, excluding leveraged products, out of about 2,000 funds tracked by Bloomberg,...
Crypto.com Cuts 20% of Staff in Latest Retrenchment by a Top Crypto Exchange in Fight for Survival
13.1.2023
Crypto.com has announced that it will cut 20% of its staff, citing macroeconomic headwinds and the collapse of rival exchange FTX as its reasons.
“While we continue to perform well, growing to more than 70 million users worldwide and maintaining a strong balance sheet, we’ve had to navigate...
Nexo hit by Withdrawals Tsunami After Bulgaria Raid Office to Investigate Alleged Money Laundering
13.1.2023
The major crypto lender Nexo has been hit by a tsunami of customer withdrawals after the company’s office in Bulgaria was raided by police.
The raid at Nexo’s Sofia, Bulgaria office happened on Thursday at more than 15 sites across Sofia, Reuters reported. It added that more than...
Update Lets Digital Yuan Users Pay with Mobiles – Even When Their Battery’s Flat
13.1.2023
Another update to China’s digital yuan app is allowing users in pilot zones to pay using their cell phone – even if their devices have run out of battery or have no mobile signal.
Per Shanghai Securties News, Android users can now toggle a function that lets them “pay without network and/or...
Subsquid partners with Aleph Zero to focus on data tooling and WASM
13.1.2023
Subsquid has published an official blog post to announce its partnership with Aleph Zero, with a core focus on data tooling and WASM. Subsquid has previously provided indexing support to its community of builders. The recently announced partnership merely takes that forward to collaborate with...
Genesis Owes Its Creditors $3 Billion - Is That too Much for DCG to Swallow? Barry Silbert Breaks Silence on Twitter
13.1.2023
Digital Currency Group's crypto brokerage firm Genesis owes over $3 billion to creditors, pressing the crypto conglomerate to consider selling assets in its large venture portfolio to raise money.
According to a report by the Financial Times, DCG, the parent company of Genesis, plans to raise...
Head of S Korea’s V Global Crypto Exchange Will Serve 25 Years in Jail for $2.3bn Fraud
13.1.2023
The CEO of a bogus South Korean crypto exchange that tricked some 50,000 customers out of a total of $2.3 billion will spend the next 25 years behind bars – after the Supreme Court found him guilty of fraud.
Yonhap reported that the Supreme Court dismissed an appeal from the CEO of the V Global...