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Philippine SEC warns against unlicensed crypto exchanges amid FTX collapse
27.12.2022
The Philippine Securities and Exchanges Commission highlighted that it’s illegal to offer Filipinos access to unregistered exchanges
Crypto Lender Nexo's Plan to Acquire Rival Vauld May be Halted – This is What Happened
27.12.2022
There is no deal (yet) in the acquisition talks between crypto lender Nexo and its rival Vauld, while the latter has less than a month to present a restructuring plan to creditors.
Several news outlets have reported that the deal has been terminated altogether - though it remains unclear by whom...
Top South Korean Scam Crypto Exchange Exec Given 8-year Jail Sentence
27.12.2022
The top executive at a South Korean scam crypto exchange that duped over 50,000 investors out of a combined $1.7 billion will serve an eight-year jail sentence after a court found him guilty of fraud.
Kyeongin Ilbo and Economist.co.kr reported that the Criminal Division of the Suwon District Court...
Crypto OTC trading to get traction due to FTX fiasco, exec says
27.12.2022
The FTX crash could trigger a bigger demand for crypto OTC services as investors are looking for alternative crypto exchange methods amid weak trust in CEXs
Huobi announces to review the launch of Pi
27.12.2022
Pi Network’s mainnet upgrade is underway, and Huobi has its eye on the development. The latter has announced that it will support the development, which will be followed by Huobi adding support to the list of Pi. This comes after positive recommendations from the community. Huobi shared...
A subsidiary of BIT Mining Limited encounters a cyberattack
27.12.2022
BTC.com, which happens to be a subsidiary of BIT Mining Limited, encountered one of the biggest fear factors of any company, a cyberattack. This occurrence took place on the 3rd of December, 2022. In the case of the uninitiated, BIT Mining Limited is an absolute top-of-the-line technology-oriented...
Bitcoin hodlers sit on record 8M BTC in unrealized loss, data shows
27.12.2022
The amount of Bitcoin held "underwater" in wallets continues to increase, hitting levels never seen in history
Bitgert partners with USM & develops the world’s 1st zero-gas fee Blockchain
27.12.2022
Bitgert and USM, short for the United States of Mars, have joined hands to enable Bitgert to establish its headquarters in the metaverse. It would be a virtual headquarters with its presence in the USM metaverse. More details are awaited on the development; however, users have already started...
Oryen Network presale live: Don’t miss out on the next Dogecoin
27.12.2022
Oryen Network (ORY) is the latest buzzword in the cryptocurrency world, and for a good reason. The project has gained 570% since its presale launch, making it one of the most profitable investments on the market. Oryen Network has also attracted some of the industry’s top influencers and...
Argentine Soccer Association AFA Partners With Upland to Enter the Metaverse
27.12.2022
The Argentine Soccer Association, AFA, has partnered with Upland, a virtual world platform, to introduce its fans to the metaverse. Upland will allow Argentine fans to have a bigger connection with AFA history, presenting the opportunity to acquire digital representations of several properties...
Top five crypto winners (and losers) of 2022
27.12.2022
Bitcoin and Ethereum are not part of the surprising list of five best and worst-performing cryptocurrencies for 2022
Here's how Defrost Finance plans to refund users following $12M hack
27.12.2022
The Defrost team will conduct a scan of on-chain data to find out who owned what prior to the attack
Report: R&B Artist Akon Denies Claims His Crypto City Dream Is Crumbling
27.12.2022
Senegalese-American artist, Akon, reportedly reassured participants in his so-called token of appreciation (TOA) that they will be reimbursed for donations. To back this promise, the singer reportedly claimed he is even willing to do “a world tour just to pay them all back.” Akon...
Bitcoin ASIC miner prices hovering at lows not seen in years
27.12.2022
ASIC miners' price per terahash has fallen more than 80% from its peak in 2021 as Bitcoin mining machines continue to flood the marketplace
Ethereum (ETH), BNB, and Orbeon Protocol (ORBN) are must-haves for 2023
27.12.2022
Ethereum and Binance Coin are two of the biggest cryptocurrencies in the world. In the past few years, they’ve hit all-time highs, making investors millions in the process. While strong investments, they lack the returns offered by new projects like Orbeon Protocol, which is estimated to surge...
Community slams NYT for its latest 'sympathy piece' on FTX's Bankman-Fried
27.12.2022
The article bizarrely contrasts the alleged fraud carried out by Sam Bankman-Fried against gang violence on the Bahamian island of New Providence
SBF gets prison advice: Shave head, deepen voice and listen to rap
27.12.2022
Martin Shkreli outlined that “Sam isn’t exactly gonna be somebody that fits into prison” and that he needs to rebrand himself to fit in and make friends
Indian Crypto Market Suffers Significantly — Experts Say Trading Volumes Unlikely to Recover Anytime Soon
27.12.2022
Crypto trading volumes in India have plunged significantly this year. The FTX meltdown has exacerbated the problem, hurting “the sentiment across crypto tokens.” Local crypto experts are not expecting a recovery in the near future “Unless something dramatic happens” in...
DeGods and Y00ts NFTs are bridging off Solana. Here's why
27.12.2022
The migration of Solana's top two NFT projects to Polygon and Ethereum is set for the first quarter of 2023 on an opt-in basis
The real-life dog behind memecoin DOGE is seriously ill
27.12.2022
The owner of the internet-famous Shiba Inu dog posted on social media saying Kabosu is in a "dangerous position" after falling ill on Christmas Eve