Bybit is actively advocating for stricter regulations, and it expects its users to do the same. The terms of service for the exchange stipulate that by May 8th, 2023, all users of the exchange’s services must have passed the basic Know-Your-Customers (KYC) process on the trading platform. Moreover, existing users
April 25, 2023 1 min read
Even excellent films sometimes fail to spark widespread parody. The images from some of Leonardo DiCaprio’s performances remain popular on social media decades after they were first released. While Titanic clips are often utilized in internet jokes, the Oscar winner’s 2013 film The Wolf of Wall Street has maintained a
April 24, 2023 1 min read
After two years of inactivity, the founder of the defunct Turkish cryptocurrency exchange Thodex has been extradited home. Albania has deported Faruk Fatih Ozer, the CEO, and founder of the defunct crypto exchange Thodex, to Turkey. According to Anadolu Agency, Turkey’s state-run news organization, local police took the 27-year-old under
April 24, 2023 1 min read
The Federal Government of Nigeria has been contacted by the leading global blockchain business Gluwa to promote the creation of a crypto policy framework that might help to unleash the potential of blockchain in Africa’s largest economy and open up new avenues for innovation and economic growth. As of now,
April 21, 2023 3 mins read
After much preparation, Helium Network has now finished moving off of its layer-1 blockchain platform and onto Solana. Solana, in the eyes of Helium’s creators and investors, has the potential to open up new use cases throughout the network, something that may be aided by a large-scale NFT mint associated
April 20, 2023 2 mins read
A bankruptcy court in New Jersey ruled on Wednesday that the cryptocurrency platform BlockFi Inc. has until the middle of the next month to submit its Chapter 11 or reorganization plan. The court ruled that a little delay was acceptable to ensure the case’s smooth continuation. Representing BlockFi, attorney Joshua
April 20, 2023 2 mins read
With its approaching token burn vote, Sweat Economy, the company behind the well-known Sweatcoin and Sweat Wallet applications, will propose a revolutionary new method of Web3 governance. Sweat Economy’s community will have the power to select how to handle the 100 million $SWEAT tokens gathered as fees and earnings by
April 18, 2023 3 mins read
According to the New York Department of Justice, U.S. District Judge Paul G. Gardephe sentenced James Zhong to a year in prison after learning about the government’s plans to sell 41,000 seized bitcoin (BTC) this calendar year and the sale of 9,861.1707894 BTC on March 14, 2023. By setting up
April 16, 2023 1 min read
The voting process for the Terra Rebels’ Proposal 11459 was dramatic for the Terra Classic community. A validator with 15% voting power, Allnodes, voted “No” on the request by the famous developer group, giving Terra Rebels the upper hand. A recent dispute between the Allnodes and the Terra Rebels is
April 16, 2023 1 min read
Prosecutors in South Korea have verified that just before the catastrophic breakdown of the Terra ecosystem, Terraform Labs CEO Do Kwon sent 9 billion won ($7 million) to Kim & Chang, a prominent South Korean legal firm. Prosecutors reportedly cited Kwon’s choice to pay millions to the law firm as
April 15, 2023 1 min read
