Bitkub’s CTO Samret Wajanasathian was penalized 8,530,383 baht (about $234,000). The announcement caused a 101% increase in the price of KUB. Enforcement procedures were taken by the Securities and Exchange Commission of Thailand. The action was taken against the chief technology officer of the cryptocurrency exchange Bitkub. This was for
August 30, 2022 1 min read
Investors will charge a 2.5% management fee after the official launch in October. In the past, Reddit introduced a new NFT-based avatar marketplace. Seven Seven Six, the VC company founded by Reddit co-founder Alexis Ohanian, is seeking to raise $177.60 million for a new crypto-focused fund named Kryptós. Kryptós purchases
August 30, 2022 2 mins read
Ravi Menon claims that the promise of substantial cost hikes is what draws them in. Despite warnings and safeguards, consumers are rapidly trading in cryptocurrencies. There is no denying that the use of cryptocurrencies is on the increase and that governments throughout the globe are eager to safeguard their citizens.
August 29, 2022 2 mins read
The firm’s mission includes spreading and improving crypto’s presence in the UAE. Dubai has earned a reputation as a crypto-friendly destination. Virtuzone has teamed with Binance to accept cryptocurrency for commercial transactions in the United Arab Emirates (UAE). The company’s new goals will be made possible through the use
August 29, 2022 2 mins read
In the United States alone, stocks lost around $1.25 trillion in a single day. With a 3.4% loss at day’s end, the S&P 500 reached its lowest point since late July. The United States Federal Reserve offered aggressive views on economic policy on August 26, sending Bitcoin (BTC) and other
August 27, 2022 1 min read
ChainShot was founded by Cody McCabe and Dan Nolan in 2018. ChainShot provides Ethereum developers with foundational knowledge. Alchemy, a blockchain development firm, has just announced that it has acquired ChainShot, a Web3 developer education platform. This is the first purchase in Alchemy’s history, and the business sees it as
August 27, 2022 1 min read
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
