In an interview with Bloomberg on Friday, Justin Sun, Tron’s founder, said his team is doing due diligence on a possible purchase of FTX. The primary reasons for the move include ending the FTX liquidity issue and demonstrating industry solidarity. To alleviate the present liquidity crisis, Justin Sun and Sam
November 11, 2022 1 min read
Japan’s Financial Services Agency (FSA) has reportedly ordered the local branch of FTX to shut down, according to a statement issued on Thursday. The decision states that effective immediately, FTX Japan is to discontinue all operations as a cryptocurrency exchange. Including the acceptance of new customers, and will not resume
November 10, 2022 1 min read
The cold wallet addresses of Binance, the biggest cryptocurrency exchange in the world, have been made public. Binance’s continuous dedication to openness was highlighted as a reason for the change. However, throughout the next weeks, the cryptocurrency exchange will be publishing Merkle tree proof of funds. #Binance published cold wallet
November 10, 2022 2 mins read
The ideal mixing protocol, for Ethereum, Tornado Cash, has been sanctioned yet again. The United States Treasury Department said in a press statement today that it was updating its sanctions on Tornado Cash because the service had been used to provide North Korea with money, supplies, and technology. The Treasury
November 9, 2022 1 min read
NTT Docomo, the leading mobile phone operator in Japan, partnered with the consulting firm Accenture to invest up to $4 billion in Web3 technology, the third generation of the Internet. The collaboration also includes educational opportunities for corporate executives and engineers interested in the topic. A joint press statement from
November 9, 2022 2 mins read
G2, a software marketplace, has awarded nine badges to Chainwire, a crypto press release distribution service. Based on the feedback from actual users included in its quarterly review form, the badges were assigned in G2’s Fall 2022 report. High Performer, Most Likely to Be Recommended by Users, and Highest User
November 8, 2022 1 min read
The swappin.gifts app is now accessible directly through the Ambire Wallet dApp Catalog as part of the newest plug-in integration and collaboration that Ambire Wallet has developed. With its primary emphasis on enhancing the cryptocurrency user experience, Ambire is the first open-source, self-custodial smart contract wallet. There will be a
November 8, 2022 2 mins read
Following recent developments, Binance CEO Changpeng Zhao declared over the weekend that the exchange will sell off all of its FTT holdings. After the announcement, the price of FTT dropped dramatically, losing about 10% of its value in a single day. Before the crypto community had time to process what
November 8, 2022 2 mins read
Volatility has returned to the crypto markets. Coinglass reports that in the last 24 hours, $3.15 billion worth of Bitcoin (BTC) has been sent to exchanges, that is 152,000 Bitcoins. Now, it’s typically not a positive indicator when cryptocurrency is transferred from wallets to exchanges. This opens the door for
November 7, 2022 1 min read
VF-22 race cars of Haas F1 Team will include the Opensea logo. The racing organization expected increased participation from its audience. For Haas F1, NFT marketplace Opensea will mint a set of NFTs. Haas, the only American F1 team, made the announcement on Thursday. The racing organization claimed that their
November 6, 2022 2 mins read