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Shiba Inu Plans to Launch Stablecoin, Reward Token, Collectible Card Game
7.7.2022
Shiba Inu has grand plans to bolster its memecoin ecosystem with a stablecoin and metaverse integrations
Coming to Texas: Riot Blockchain announces plans to move NY miners to Lone Star State
6.7.2022
Moving rigs from New York to Texas was part of Riot's effort to reduce the firm’s operating expenses through lower power costs and eliminate “all third-party hosting fees.”
Israeli Crypto Company Etoro Lays Off 100 Workers, SPAC Deal Terminated, Company Eyes Private Raise
6.7.2022
The digital currency firm Etoro has revealed it is laying off 100 workers or roughly 6% of the company’s workforce. Furthermore, Etoro disclosed that the company is terminating the special purpose acquisition company (SPAC) merger planned with Fintech Acquisition Corp. Etoro says the company...
Crypto Lender Nexo Moves Forward With Plan to Acquire Troubled Rival Vauld
6.7.2022
Leading cryptocurrency lender Nexo has offered to buy distressed competitor Vauld, which halted operations in the face of financial difficulties. The proposal comes after the Singapore-based company said it was exploring restructuring options. Nexo Secures Exclusive Agreement to Explore...
Rewards4Earth plans to roll out crypto rewards to 1000 sports clubs in Australia
1.7.2022
Even a small adoption of the reward token could see up to $300 million used to fund environmental initiatives and provide clubs with funding to benefit the community
Better than Axie Infinity: Kieran Warwick’s 2032 plan for Illuvium
29.6.2022
As Solana Plans Own Blockchain Phone, What Happened to the Pioneers?
29.6.2022
Solana (SOL)’s new crypto-native phone that will be developed by the little-known smartphone maker Osom is far from the first ‘blockchain phone’ to be announced since crypto and blockchain technology took a giant step into the mainstream around 2017. But what exactly happened to all those other...
Wormhole Announces Plans to Support Terra 2.0
28.6.2022
Wormhole has announced it will support Terra 2.0 by adding Terra V2 to its network. It will enable developers to send xAssets to chains supported by the network. Plus, developers could also leverage the cross-chain messaging protocol of Wormhole to create xApps. The community of Terra 2.0 includes...
Mark Zuckerberg Expects Billions of People to Use the Metaverse Generating Massive Revenue for Meta
27.6.2022
Mark Zuckerberg, CEO of Meta, formerly Facebook, has shared how the metaverse will be a key part of his business and bring hundreds of billions of dollars in revenue. “Our playbook over time has been build services, try to serve as many people as possible,” said Zuckerberg. Mark...
Netherlands-Based Coinbase Customers Required to Submit KYC Data When Transferring Crypto off the Platform
26.6.2022
Coinbase has announced that the company plans to introduce a number of changes for customers in the Netherlands in order to comply with the 1977 Sanctions Act, a law that recently applied know-your-customer (KYC) guidelines to non-custodial wallets. If the person living in the Netherlands wants...
Powell Says Fed Plans Recommendation to Congress on CBDC
23.6.2022
The chair of the Federal Reserve testified before House lawmakers on Thursday
Crypto Exchange Bitget Plans to Double Workforce as Peers Cut Back in Bear Market
23.6.2022
Unlike exchanges like Coinbase and Gemini, the derivatives platform plans to increase its staff
Bitflex Commences BETA Testing With Zero-Trading Fees
20.6.2022
PRESS RELEASE. Seychelles, June 20, 2022 – Bitflex Inc. (the “Company,” “we” or “our”), a blockchain technology company in the global market, today announced that the Company will commence BETA testing of its cryptocurrency exchange and plans...
Bank of Jamaica Governor: Cryptocurrency ‘Not Sufficiently Stable to Be a Good Means of Payment’
19.6.2022
The governor of the Jamaican central bank has warned people using or who have plans to use cryptocurrencies to be mindful of the associated risks. The governor added that cryptocurrencies’ unpredictability means they cannot function as a medium of exchange. Not Stable Enough to Be Good Means...
ECB Considers Capping Digital Euro in Circulation at 4,000 per Capita, Panetta Reveals
17.6.2022
With concerns about financial stability in mind, the European Central Bank (ECB) plans to limit digital euro holdings, according to Board Member Fabio Panetta. The plan is to have a maximum amount of digital cash in circulation similar to that of euro banknotes today, the official unveiled....
FTX plans to acquire crypto exchange Bitvo as part of move into Canadian market
17.6.2022
The company added that the deal was “subject to regulatory approval and customary closing conditions,” but expected to close in the third quarter of 2022
Major Banks Urge Rethink of European Union's CBDC Plans
16.6.2022
The European Commission should stop focusing on technical details and think about whether to issue a digital euro at all, the Institute of International Finance said
US House Ways and Means chairman asks the GAO to check out crypto in retirement plans
15.6.2022
It will look at the use and oversight of crypto in 401(k) and similar plans, which is controversial in many parts of the government
Binance CEO plans to leverage crypto winter
14.6.2022
The boss of the world's largest crypto exchange said we've been through this before as a community
Coinbase Reduces the Size of the Firm’s Workforce by 18%
14.6.2022
Amid the crypto market carnage, the digital currency exchange Coinbase revealed it has decided to lay off 18% of its workforce. The announcement follows the company’s original plans to slow the hiring process and the firm rescinding a number of employment offers. Coinbase ‘Grew...