Token holders in the Gala Games ecosystem will shortly get new $GALA V2 tokens in exchange for their existing $GALA at a rate of 1:1. Despite Coinbase’s decision to avoid the $Gala (GALA) contract swap, the biggest cryptocurrency exchange in the world, Binance, has opted to support the airdrop. On
May 10, 2023 1 min read
Galaxy Digital, a leading cryptocurrency investor, is the latest significant player to leave the United States in response to the recent governmental onslaught. CEO Mike Novogratz of Galaxy Digital made the decision to relocate the company’s operations on Tuesday, May 9. He cited the challenging regulatory climate in the United
May 10, 2023 2 mins read
Nearly 400 virtual asset service providers (VASPS) in Estonia have either voluntarily shut down or had their licenses canceled. This is post the government’s new, stricter Terrorist Financing Prevention and Anti-Money Laundering rules (AML) went into effect in March. The Financial Action Task Force Travel Rule was implemented. Moreover, the
May 10, 2023 1 min read
As promised last month, the highly awaited flagship Android phone from Solana mobile is finally accessible to the general market. At this time, it will be shipping to the US, Canada, EU, UK, Switzerland, AU, and NZ. An official announcement claims that the blockchain platform is now getting some praise
May 9, 2023 1 min read
After failing to secure funds from an unnamed investor, Australian blockchain startup Everledger has apparently filed for bankruptcy. According to the AFR on May 8, Everledger, a company that utilizes blockchain technology to trace the origin of diamonds and other items, was unable to close its most recent investment round.
May 8, 2023 1 min read
Zimbabwe’s government has established a value for its digital tokens backed by gold. Starting on May 8, the nation will begin offering investors its own digital money backed by gold. Tokens will be sold to people for a minimum of $10. And to companies and other organizations for a minimum
May 6, 2023 1 min read
The Irish-American payment processing platform firm Stripe has introduced a fiat-to-cryptocurrency onramp. Customers in the US will find it much less complicated to buy cryptocurrencies using this approach. It’s also a major step forward for Web 3.0 businesses that have struggled with a “cold start.” Stripe’s standard function is to
May 5, 2023 1 min read
According to court records filed on May 3rd. FTX under John Ray III is trying to recover cash from insolvent platform Genesis by way of repaid loans, withdrawn liquidity, and collateral. There is more than $3.88 billion at stake for all Genesis-related organizations combined. FTX’s attorneys stated in court filings
May 4, 2023 2 mins read
The native token, SUI, of the Sui Network, a Layer 1 blockchain, is gaining adoption from other crypto exchanges as the network matures. WOO X, a cryptocurrency trading platform, just announced the listing of SUI – PERP Futures with zero fees. In addition, Crypto.com, a cryptocurrency exchange, has said that
May 4, 2023 2 mins read
The long-awaited mainnet of Sui Network, Mysten Labs’ blockchain technology, has gone live. The long-awaited launch of the mainnet occurred earlier today, marking a triumphant debut for the protocol. 🌊After Devnet, multiple Testnet waves, Frenemies, #CapyHolidays, Builder Houses, and much more – what a monumental moment for the Sui community:
May 3, 2023 2 mins read
