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Crypto Winter Will Last 'At Least Another Year' Says Founder of Crypto Firm Which Just Laid Off 40% of Its Workforce

28.12.2022
Octopus Network, a multichain cryptonetwork built on NEAR Protocol, has laid off some 40% of the core team and lowered pay for the rest due to the ongoing crypto winter - a cold wave that will not be ending for at least another year, argued the project's founder Louis Liu. The string of companies...

Metagalaxy Land embarks to emerge as a blockchain-based next-gen MetaFi universe

28.12.2022
Metagalaxy Land is all decked up to transform itself into a next-generation blockchain-based and highly advanced MetaFi platform. Metagalaxy Land happens to be an NFT MetaFi project and is positioned on the BSC network. It also is a highly advanced blockchain-oriented metaverse exposure platform....

Kaspersky Report: North Korean Hackers Impersonating Crypto VCs in New Phishing Scam

28.12.2022
BlueNoroff, a subgroup of the North Korean state-sponsored hacking group Lazarus, is now impersonating venture capitalists looking to invest in crypto startups in a new phishing method. ... Read More: Kaspersky Report: North Korean Hackers Impersonating Crypto VCs in New Phishing Scam

Japanese Gaming Company Gumi Partners With Square Enix and SBI Holdings to Strengthen Metaverse Pivot

28.12.2022
Gumi, a Japanese mobile gaming company, has partnered with Square Enix and SBI Holdings to build new business opportunities around the metaverse. The deal, which also includes the issuance of new stock valued at $52.7 million dollars, will allow the company to acquire financial and content creation...

Chinese Central Bank Updates Digital Yuan App, Adds Gift Functions

28.12.2022
The central People’s Bank of China (PBoC) has updated its digital yuan app – and is attempting to drive up adoption with new gifting and invitation functions. The newspaper Beijing Business Today reported that the smartphone app, which was launched in January this year, has undergone another...

SBF wants ‘Big Short’ FTX movie, Peter Schiff already calls it fiction

28.12.2022
The crypto community was not happy with the news that Big Short writer Michael Lewis met with the former FTX CEO

Sam Bankman-Fried Spent Several Hours with 'The Big Short' Writer Michael Lewis While Under House Arrest

28.12.2022
Michael Lewis, author of the bestseller book The Big Short, has met with Sam Bankman-Fried, the disgraced founder and former CEO of the collapsed crypto exchange FTX, at the California home where he is holed up awaiting trial. ... Read More: Sam Bankman-Fried Spent Several Hours with 'The...

FTX customers file class-action lawsuit to get priority reparations

28.12.2022
Customer class members don’t want to stand in line along the creditors of a failed crypto platform

Argo Blockchain sells top mining facility to Galaxy Digital for $65M

28.12.2022
Argo Blockchain reduces its total debt by $41 million by selling its flagship Helios mining facility and getting a $35 million loan from Galaxy

Alameda wallets become active days after SBF bail, community mulls foul play

28.12.2022
The recent movement of funds from Alameda wallets just days after Sam Bankman Fried was released on bail raised many eyebrows about the timing

Venezuelan Banks Have Blocked Over 75 Accounts Since the End of Last Year Due to Cryptocurrency-Related Activities

28.12.2022
Venezuelan Banks have started eyeing the accounts of customers with ties to cryptocurrency trading, principally related to peer-to-peer (P2P) transaction activity. According to Legalrocks, a crypto and blockchain-focused legal firm in Venezuela, more than 75 accounts have been blocked by Venezuelan...

China’s CBDC wallet resorts to ages-old tradition to boost adoption

28.12.2022
A traditional Chinese way of gifting money that’s gone virtual with the rise of digital payments has been introduced into the digital yuan wallet app

Executives from $1.5B South Korean crypto exchange fraud jailed

28.12.2022
The latest court action now takes the number of V Global execs behind bars up to seven, as the CEO, known as Mr. Lee was previously sentenced to a 22 year prison term

FBI Renews Warning About Pig Butchering Crypto Scam Sweeping the Country

28.12.2022
The Federal Bureau of Investigation (FBI) has reiterated its warning about a very popular crypto investment scam called “pig butchering” that is sweeping across the U.S. “Be very careful when you go on social media and dating apps and somebody starts developing a relationship with...

Kraken quits Japan for second time blaming a ‘weak crypto market’

28.12.2022
The crypto exchange said it will deregister from Japan’s Financial Services Agency as a Crypto Asset Exchange Operator from Jan. 31, 2023

Defrost Finance breaks silence on ‘exit scam’ accusations, denies rug pull

28.12.2022
Defrost Finance had not publicly commented on the rug-pull accusations in the media, until now

Philippine Regulator Warns Against Using Unlicensed Cryptocurrency Exchanges Following FTX Collapse

28.12.2022
The Philippine Securities and Exchange Commission (SEC) has advised investors against transacting with unlicensed cryptocurrency exchanges. The warning followed the collapse of crypto exchange FTX which “left hundreds of thousands, even millions of unsecured creditors with little to...