In all, the KERP benefits amount to 22.5% of the salary of those who qualify for them. The request for the KERP payments was accepted by Judge Michael Wiles. The ailing cryptocurrency brokerage Voyager Digital has been allowed permission by a New York bankruptcy court to offer retention incentives to
August 26, 2022 1 min read
Reddit’s NFTs, dubbed “Collectible Avatars,” are going to be minted on Polygon. The stablecoin may be used to buy over 3 million different kinds of travel services. Through the Polygon Network, USDC is now available on Travala.com. This is the first time the company has connected to the Network. The
August 26, 2022 2 mins read
The release is the result of a successful governance proposal. As of right now, customers may only withdraw their collateral. To simplify the process of borrowing and lending cryptocurrency, Compound, the leading DeFi protocol, has released a new “streamlined” version of the protocol dubbed Comet. The release is the result
August 26, 2022 2 mins read
Ripple CEO Brad Garlinghouse’s appearance on a WEF 2022 panel. World Economic Forum had awarded Ripple Technology Pioneers award in 2015. As per the details and description stated on the website, it is being made known that Ripple (XRP) is an official partner of the World Economic Forum. The data
August 25, 2022 2 mins read
Kenanga Investment Bank Berhad and China’s Ant Group have agreed to collaborate. This collaboration will allow Kenanga to use mPaaS, a mobile development network. Recent years have seen a meteoric rise in the use of cryptocurrencies. Malaysia is now in the process of developing a super app that incorporates cryptocurrency
August 24, 2022 1 min read
The OSC imposed trading restrictions in 2021 on centralized crypto exchanges. Binance declared in March of this year that it will no longer accept Ontarian residents. A total of 13 firms, including KuCoin producers MEK Global Limited (Seychelles) and PhoenixFin Pte. Ltd. (Singapore), were recently called out by the Ontario
August 24, 2022 1 min read
The SC clarified in a subsequent tweet that its authorization is necessary. Huobi has been expanding into other markets, including Australia and the United States. On Monday, the Malaysian Securities Commission (SC) published a statement on Huobi’s activities in the country. The SC has placed the cryptocurrency exchange on its
August 23, 2022 2 mins read
About $820,000 worth of ether and other cryptocurrencies were taken in the incident. The platform’s website and Twitter page vanished soon after the heist. Many users on Crypto Twitter expressed concern that SudoRare was a fraud, and now the exchange’s developers have apparently pulled the plug. About $820,000 worth of
August 23, 2022 1 min read
The three-month decline in network difficulty ended in August. Bitcoin’s average transaction costs dropped to $0.825 on Monday. For the first time in more than two years, Bitcoin (BTC) blockchain transaction fees have dropped below $1.00, further bolstering its use case as a viable mainstream financial system. Having to pay
August 22, 2022 1 min read
The top 1% of addresses recently controlled 87.667% of all USDC. On-chain statistics show a sell-off of USDC over the previous two weeks. As the bear market in cryptocurrencies continues, the share of USDC stablecoins owned by significant wallet addresses has fallen to its lowest level in over two years.
August 22, 2022 2 mins read
