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Crypto Lending Crisis - Gemini and Genesis Charged by US SEC With Selling Unregistered Securities
13.1.2023
The US Securities and Exchange Commission (SEC) brought charges against major crypto exchange Gemini and the troubled crypto lending and trading firm Genesis.
Per the press release issued by the regulator on January 12,
"The [SEC] today charged Genesis Global Capital, LLC and Gemini Trust...
Forbes Gives Alchemy Pay Web3 Innovation Pioneer Award
13.1.2023
PRESS RELEASE. Singapore, 12 January 2023: Fiat-crypto payment gateway Alchemy Pay and its co-founder and majority shareholder, Shawn Shi, have been officially recognised by Forbes with the Web3 Innovation Pioneer award on 11 January. The Singapore-based payment solutions provider has a major...
PayPal Xoom adds cross-border remittance on debit card deposit
13.1.2023
PayPal’s cross-border remittance service called Xoom partnered with Visa Direct to allow debit card holders to receive funds within minutes
Buyers flock to Orbeon Protocol (ORBN) presale, while Zcash (ZEC) and Tezos (XTZ) hold steady
13.1.2023
This week has seen many buyers flock to the presale for Orbeon Protocol (ORBN), an Ethereum-based token protocol. But while the presale has been a success, two other high-profile projects – Zcash (ZEC) and Tezos (XTZ) – have remained stable in the face of an otherwise bearish market. Let’s...
Monero (XMR) on its way to breaking the $200 mark!
13.1.2023
Monero’s main selling point is its focus on anonymity and privacy, which makes it popular among individuals and businesses that value financial privacy. Transactions on the Monero blockchain are private by default, and the use of ring signatures and stealth addresses makes it difficult...
Tesla turns tables on Bitcoin as 2023 gains outpace BTC price comeback
13.1.2023
It's a game of cat and mouse for BTC price and TSLA stock this month, but so far, Tesla is staging a stronger rebound
Hodlnaut creditors reject the restructuring plan, prefer liquidation
13.1.2023
Hodlnaut downplayed its exposure to the Terra ecosystem, but an investigation into the embattled crypto lender shows it lost $190 million in the Terra crash
El Salvador Chivo Wallet Programmer Opens Up About Alleged ID Fraud, Tech and Money Laundering Issues
13.1.2023
A Chivo wallet programmer has opened up about the different problems that the flagship cryptocurrency wallet of El Salvador faced during its initial stages. Shaun Overton, who alleges he was hired to help in the handling of the issues, has talked about ID theft, money laundering problems, and...
Tezos (XTZ) enthusiasts jump on the HedgeUp (HDUP) Bandwagon
13.1.2023
Due to the volatility of the market and the current bear, investors constantly search for tokens that can yield profits even in a depressing market. All these also depend on the project’s utility and the innovations it offers to the crypto space. With thousands of tokens in the industry...
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...
SEC levels serious charges against Gemini and Genesis
13.1.2023
The Securities and Exchange Commission (SEC) has leveled formal and serious charges against Genesis and Gemini for illegally carrying out the sale of unregistered securities. For the uninitiated, Genesis is a digital asset financial services firm, while Geminin is a centralized cryptocurrency...
You Can Now Buy These NFTs for Less Than $25 to Get A Zoom Call With Donald Trump
13.1.2023
The "limited" edition NFT tickets that offer a group Zoom call with former US President Donald Trump have traded for less than $25 over the past few days.
Trump released his collection of NFTs in mid-December. Called "Trump Cards," the collection features a series of digital "cards" depicting...
Calvaria Play to Earn Crypto Battle Card Game Raises Almost $3m From Investors - Invest Before Presale Ends
13.1.2023
Calvaria: Duels of Eternity has now managed to raise almost $3m at their presale from a series of investors, indicating that there is a high degree of demand for the project moving forward.
Play to earn projects have been consistently growing in popularity despite the bear market thus far, with...
Huobi and Solaris crypto-to-fiat debit card launches in the EU
13.1.2023
The Visa-backed debit card will allow Huobi users in the European Economic Area (EEA) to pay from their crypto accounts at point of sale stations globally
Flare airdrops token supply to Ripple Holders after two years of snapshot
13.1.2023
The holders of XRP have started receiving airdrops from Flare after 2 years since the snapshots were taken, on December 12, 2020, to be precise. At the time of drafting this article, around 15% of the token supply had been airdropped to the XRP (Ripple) holders. The remaining portion of the token...
Web3 can help artists and companies manage music metadata: B2B music exec
13.1.2023
Web3 features such as NFTs and blockchain-based systemization offer clarity and a new sense of accessibility to managing music metadata
Belarusian Fined $1 Million for Illegal Crypto Trading
13.1.2023
A Belarusian citizen will have to pay a hefty fine for illegally organizing the exchange of cryptocurrencies online. Law enforcement authorities in the country, where certain crypto activities are legal, do not plan to impose other penalties besides the administrative measure. Cryptocurrency Trader...
Papyrus: a new open-source full node for StarkNet newly launched by StarkWare
13.1.2023
StarkWare happens to be extremely pleased and takes great pride in making their official announcement of having released their new open-source full node, Papyrus. This will now be functional in carrying out enhancement where the network’s functionalities and decentralization is concerned. Being...
Cryptocurrency Exchanges Still Fighting Private Banks for Right to Open Bank Accounts in Chile
13.1.2023
The conflict between banks and cryptocurrency exchanges in Chile is still developing, as some banks are reticent to serve this kind of institution. A new report prepared by exchanges reports that most of these banks refuse to include crypto companies as customers for risks that are nevertheless...
'Wall of worry' led to digital wallets, blockchain tech ignored: Cathie Wood
13.1.2023
Market uncertainty calls for an opportunity to take advantage of disruptive innovation which has historically "gained share during turbulent times," says ARK Invest CEO