$34 million is apparently owing to Vauld’s biggest individual retail creditor. Based on court records and an affidavit, Vauld possesses $287.7 million. Singapore-based Vauld, a cryptocurrency lending, and trading company owe its debtors $402 million, according to The Block. Vauld CEO Darshan Bathija submitted a statement to Singapore’s High Court
July 22, 2022 2 mins read
The tender wasn’t finalized until April this year when two businesses were selected. The agency still has 90 Bitcoin (worth roughly $2 million) in its control. The Finnish customs officials auctioned a total of €46.5 million ($47.35 million) in seized Bitcoin. A press statement today claims that the 1,889.1 Bitcoin
July 22, 2022 2 mins read
The first SouthEast Asia edition of the prominent Global Blockchain Congress by Agora Group was co-hosted by Vietnam Blockchain Union, V2B Labs, and D.lion on July 11th and 12th, 2022 at the Intercontinental Landmark72 Hanoi, Vietnam. This edition’s main themes were: Vietnam, Land of Opportunity, Web3 Platforms, Metaverse, Gaming, &
July 20, 2022 3 mins read
There was a total of $13.58 billion in Circle’s bank accounts at regulated U.S. institutions. Treasury bonds presently hold an additional $42.1 billion. The stablecoin’s backers, Circle, published their first monthly summary of the token’s assets only last week. USDC is currently stored only in cash and three-month U.S. Treasury
July 18, 2022 2 mins read
Crypto firms must get a license to provide trading, custody, and other services. Murugesan said that the company is doing a Euro-based venture. The bear market has not halted development, even though many other activities have. Binance, Coinbase, and Crypto.com are some of the most prominent cryptocurrency exchanges in the
July 18, 2022 2 mins read
After Kusama made fun of LTC, Litecoin replied by saying LTC should be number one. LTC, previously one of the top three cryptocurrencies, has fallen to 20th place on CMC. One of the Shiba Inu (SHIB) project’s primary developers, Shytoshi Kusama, has asked Bloomberg Business to discontinue using Litecoin (LTC)
July 17, 2022 2 mins read
The existing model’s stability is based on using public money as an anchor. Non-European businesses might gain a monopoly on the European payments market. Central bank money is essential for financial stability as digital payments continue to grow. According to European Central Bank (ECB) President Christine Lagarde and Executive Board
July 17, 2022 2 mins read
Creators today face many difficult challenges. From problematic and fickle algorithms and overly aggressive, subjective censorship to shadow banning, chargebacks, delayed payments, and de-platforming. Indeed, it’s become very clear that Web2 platforms aren’t equipped to offer fair conditions to content creators. Enter FrontFanz, a Web3 censorless platform built for creators
July 16, 2022 3 mins read
The platform’s stablecoin, flexUSD, will remain unavailable until further notice. Earlier this month, the platform put a hold on withdrawals. In the wake of a conflict with notable crypto investor Roger Ver “Bitcoin Jesus”, the trading platform CoinFLEX has announced limited client withdrawals. Users may now withdraw 10% of their
July 15, 2022 1 min read
After the success of the last Asia Metaverse Conference 2022, Metaverse Club received a lot of feedback from the global audience about the need for further learning and socializing with the global Metaverse companies. So the Metaverse Club is organizing the Global Metaverse Carnival, a big festival for global Metaverse
July 15, 2022 6 mins read