First launched in 2019 as a derivatives exchange, FTX has since branched out. The cryptocurrency exchange completed the purchase of Ledger Holding in 2021. FTX CEO Sam Bankman-Fried insists that his focus remains on LedgerX (now rebranded as FTX US Derivatives). In October 2021, the cryptocurrency exchange completed the purchase
August 20, 2022 1 min read
Aztec claims it has made improvements to discourage money laundering. This caution follows the United States government’s contentious decision. On Friday, Aztec Network, an Ethereum-based privacy-enhancing smart contract platform, responded on Twitter to user concerns that FTX, one of the world’s biggest cryptocurrency exchanges, is “freezing” the accounts of users
August 20, 2022 2 mins read
The open-source, decentralized, non-custodial lending protocol Yupana.Finance just made the long-awaited announcement that it is bringing the advantages of a credit protocol to the Tezos community. Similar to other DeFi ecosystems, Tezos users may now borrow, lend, and get rewards. Tezos’s First Comprehensive Lending Protocol Yupana is already deployed on
August 18, 2022 1 min read
Scion bought an additional 501,360 shares of Geo Group Inc. The firm had as much as $165 million in U.S. equities. Scion Asset Management, Michael Burry’s investment business, said in a filing with the U.S. Securities and Exchange Commission (SEC) on Monday that it sold all of its stock holdings
August 18, 2022 2 mins read
Pomerantz LLP has also filed suit against the exchange. Coinbase is accused of making false and misleading statements. Coinbase is been sued many times and is under growing scrutiny from authorities. Two law firms filed lawsuits against the cryptocurrency exchange in San Francisco, which is already under investigation by the
August 17, 2022 2 mins read
In September of last year, Mynt’s release was announced. Key Brazilian broker XP has also shifted its focus to the cryptocurrency market. Bitcoin (BTC) and other cryptocurrencies have been widely adopted by people throughout the globe, and Brazil has become a major hub for the sector. Many smaller banks were
August 16, 2022 2 mins read
Goerli completed a Merge rehearsal after three other public testnets. The mining of blocks for Ether tokens will shift from the proof-of-work. Since the third and final ‘Goerli’ test environment network merge has been completed, the Ethereum blockchains long-awaited switch to proof-of-stake may now be expected to take place around
August 15, 2022 2 mins read
The “Oraichain for DApps Accelerator Program” was recently introduced by Oraichain, the first global AI Layer 1 for Data Economy and Oracle Services, with the stated goal of facilitating rapid growth inside the network’s cutting-edge AI Layer 1 infrastructure. Oraichain Mainnet 2.0 (also known as AI Layer 1) is the
August 14, 2022 2 mins read
After a hacker allegedly stole $32 million from the Brazilian crypto lending company BlueBenx, all 22,000 of its members had their withdrawals frozen. Despite the fact that the corporation has not provided any information regarding the attack, a large number of people have apparently lost their jobs. BlueBenx is just
August 14, 2022 2 mins read
NASCAR driver Trent Barnes’ vehicle had the network’s name all over. Charles Hoskinson, the founder of Cardano, surprisingly seemed clueless. Cardano, a well-known network, and its community seem to be surprised by a sudden event. The network has been criticized for having low adoption and for being less popular than
August 11, 2022 1 min read
