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Square Enix to Use Polygon’s Network in Symbiogenesis, Its Upcoming Web3 Experience

17.2.2023
Japanese gaming company Square Enix has announced that it will be using Polygon, an Ethereum sidechain, as a base for Symbiogenesis, its upcoming Web3 experience. Naoyuki Tamate, producer of the game, cited the high transaction speeds and low transaction gas costs as the reasons for making this...

Azuro V2 & Azuro Score now live on Polygon with on-chain betting

17.2.2023
Azuro recently announced the release of its V2 and Azuro Score on Polygon. The launch allows crypto users to get one-click exposure to thousands of betting markets. The integration also provides users access to an AMM-like liquidity pool. This will help them earn Azuro Score points that can...

Unlike Merge, Ethereum's Shanghai Upgrade Could Bring Ether Price Volatility

17.2.2023
The Merge turned out to be a non-event for the market, with ether's realized volatility dwindling in four weeks after the event. The impending Shanghai upgrade, however, might inject volatility into the market, one liquidity provider said

US Authorities Close In: Binance Expected to Pay Penalties for Regulatory Probes

17.2.2023
Major crypto exchange Binance will likely pay monetary penalties to settle current investigations by the US authorities, the Wall Street Journal reported, citing the firm’s chief strategy officer. According to Patrick Hillmann, the company is working on patching the compliance gaps and mistakes...

Terra Luna Classic Price Prediction as the SEC Sues Terraform Labs and Do Kwon – Is LUNC in Trouble?

17.2.2023
The terra luna classic price has fallen to $0.00016791, with its 4.5% drop today following the news that the SEC is charging Terraform Labs and CEO Do Kwon "with orchestrating a multi-billion dollar crypto asset securities fraud." LUNC remains up by 4.5% in the past week, but is down by 4% in...

While Floki Inu Price Explodes, These Lesser-Known Altcoins Could 10x

17.2.2023
Floki Inu (FLOKI) rocked markets this week with a surprise +200% rally smashing a year of stagnant price action. With FLOKI currently trading at $0.0000585 - a 24hr gain of +5.80% at the time of writing. Investors are on edge to see just how high this rally can go. Chart structure currently...

The Sandbox forms a partnership with TOEI ANIMATION

17.2.2023
The Sandbox is now extremely happy to be teaming with TOEI ANIMATION, an outstanding pioneer in Japanese animation. With this collaboration, they will now work together to create experiences for The Sandbox Metaverse based on the intellectual properties that TOEI ANIMATION owns. Interestingly...

China Begins Hong Kong ‘Cross-Border’ Digital Yuan Pilot

17.2.2023
Shenzhen, China, has begun a retail-focused “cross-border” digital yuan pilot with Hong Kong. China Banking and Insurance News (via JRJ) reported that the event is the brainchild of the central People’s Bank of China (PBoC) and the Luohu District local government. Luohu is located close to Hong...

XRP Price Prediction as XRP Falls 2.3% in 24 Hours – Where is the Next Support?

17.2.2023
The XRP price has fallen by 3% in the past 24 hours, dropping to $0.387535 amid a marketwide fall today. It has now increased by 1% in a week and dipped by a very slight 0.2% in the last 30 days, as the XRP community continues to wait for the conclusion of Ripple's long-running legal battle with...

Bernstein: SEC Tightening of Crypto Regulations Is not an Existential Threat

17.2.2023
Some in the industry had expressed concerns that crypto was actively being removed from the banking system with an attack on stablecoins and custody rules, the report said

SEC charges Do Kwon for allegedly misleading crypto customers

17.2.2023
Well, if developments around the FTX collapse were not disastrously interesting enough, then we have Terra making its way back to the highlights again. It all started with TerraUSD slipping below the committed pegged ratio of 1:1 with the US Dollar and causing an effect on LUNA, followed by...

Binance Accused of Moving $400 Million from U.S. Partner to CEO's Trading Firm in Secret Scheme – Here's the Latest

17.2.2023
Binance has moved more than $400 million from its purportedly independent U.S. partner to a trading firm managed by the company's CEO Changpeng Zhao. Over $400 million flowed from the Binance.US account at California-based Silvergate Bank to Merit Peak, a trading firm linked to CZ, over the first...

Report: FTX Promised High Earnings to African Students That Successfully Recruited Fellow Learners

17.2.2023
The collapsed crypto exchange FTX reportedly used the lure of high earnings to convince African university students to become its ambassadors. In addition to encouraging new FTX investors to use the platform, student ambassadors were also required to teach them about crypto and the blockchain. Some...

The Bank of Japan to launch its CBDC pilot before May

17.2.2023
The Bank decided to launch a pilot program for “digital yen” in April, after finishing its Proof of Concept testing, that has begun in 2021

Siemens issues €60M under Germany’s Electronic Securities Act

17.2.2023
When a 175-year-old conglomerate decides to go the blockchain way, then it could be right to assume that the technology has the potential to be adopted in the times to come. While the crypto industry remains under the lens of scrutiny, Siemens decided to issue bonds worth 60 million Euros to three...

Report Reveals Limited Accounting Records, Commingled Funds at FTX Digital Markets in the Bahamas

17.2.2023
PWC, one of the ‘Big Four’ auditors and among the largest professional services networks globally, recently published a report on FTX Digital Markets, the bankrupt crypto exchange’s Bahamian subsidiary. The report indicates that the entity’s accounting records have been limited, and...

Japan Will Launch Pilot for Issuing Digital Yen In April

17.2.2023
Japan will launch a pilot programme in April to test the use of its version of the central bank digital currency (CBDC) known as the digital yen, its central bank said on Friday. The move comes after more than two years of proof-of-concept experiments by the BoJ around the digital yen