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Nayazunissa

Content writer by profession. A crypto lover and has passion for writing. Follows the developments of digital currency right from its launch, years ago.

Posts by Nayazunissa

Creator of Mutant Ape Planet Arrested Over Rug and Pull Scam

Mutant Ape Planet, the creator of a Mutant Ape Yacht Club rip-off line, has been detained in New York and accused of running a rug pull scam to swindle investors out of $2.9 million. On January 4, a homeland security agent named Ivan J. Arvelo arrested a French citizen named

January 6, 2023 2 mins read

Genesis Announces 30% Layoffs Amid Sluggish Market Conditions

A representative for Genesis Global Trading has confirmed that layoffs occurred on Thursday. Genesis Interim CEO Derar Islim made a public statement before the layoffs were announced. Islim recently said that the company needs more time to find an appropriate solution to the current problems. According to the source with

January 6, 2023 1 min read

Binance Collaborates With Ukraine’s ANC Pharmacy Chain

ANC Pharmacy, the biggest pharmacy chain in Ukraine, has partnered with cryptocurrency exchange Binance to accept cryptocurrency payments from clients. Many times during the previous few months, the exchange has helped the war-torn nation. Shortly after the start of the Russian “special military operation,” it provided digital assets worth $10

January 4, 2023 1 min read

RTFKT COO Loses NFT Collection in Phishing Assault

Nikhil Gopalani, COO of RTFKT reported a hack of NFTs. As of December 2021, RTFKT, a next-generation crypto brand creating waves in the digital wearable industry and producing content in collaboration with artist Takashi Murakami, was acquired by Nike. On Monday, a fraudster apparently launched a phishing assault on Gopalani,

January 4, 2023 1 min read

Former Chair of Bithumb Exchange Acquitted in $70M Fraud Case

On January 3, 2023, the 34th Division of the Criminal Agreement of the Seoul Central District Court acquitted Lee Jung-hoon, the former head of the South Korean cryptocurrency exchange Bithumb. During his trial, Jung-hoon faced charges of fraud under the Act on the Aggravated Punishment of Specific Economic Crimes. The

January 3, 2023 2 mins read

Revenue of Bitcoin Miners Plummets to $9.55 Billion in 2022

Crypto miners were at risk due to the lengthy downturn market that was compounded by a slew of major disasters. Defaulted loans, quarterly losses, and record-breaking increases in Bitcoin hashrate were just a few of the problems miners were experiencing. There was selling pressure as a result of all these

January 3, 2023 1 min read

Allnodes Releases ‘PublicNode’ Endpoints Supporting Terra Classic Dapps

Allnodes is a company that offers hosting and staking services but does not hold user funds, hence they have published an endpoints suite called PublicNode. Endpoints for DApps developed on Terra Classic network, Ethereum, Polygon, Avalanche, and Evmos will be made available through PublicNode. This next action will aid the

January 2, 2023 1 min read

IMF Chief Warns of Sluggish Global Economy in 2023

In an interview broadcast on CBS on Sunday, Kristalina Georgieva, managing director of the International Monetary Fund (IMF), discussed the IMF’s outlook for the economies of the United States, the European Union, China, and the globe. She stated: “This is what we see in 2023. For most of the world

January 2, 2023 1 min read

Vader Protocol Announces Closure of Algorithmic Stablecoin USDV

There will be no further releases of the app that generates the stablecoin Vader Protocol US Dollar (USDV), its creators said on December 29. Like the doomed Terra network, Vader protocol was an algorithmic stablecoin network. It was hoped that encouraging arbitrages would ensure that USDV would always be worth

December 31, 2022 1 min read

Italy Passes 26% Crypto Tax Bill on Earnings Above €2000

Giorgia Meloni, the prime minister of Italy, has pushed through a bill that would tax the sale of digital assets. Italy’s planned budget for 2023 includes a 26% tax on cryptocurrency earnings above €2000. Cryptocurrency dealers in the nation will feel the effects of the ruling. And taxpayers who report

December 31, 2022 1 min read