Fri, October 2

BitOasis’ License Revoked by Dubai’s Crypto Regulator

Due to BitOasis’s failure to comply with regulatory requirements within the allotted time limit, the crypto regulator in Dubai has suspended the exchange’s operating license. Two notices were issued on July 10 by the Virtual Assets Regulatory Authority (VARA). Stating that enforcement action had been taken against BitOasis and that

July 11, 2023 1 min read

Staked Ethereum Hits $45B; Representing 20% of Circulating Supply

On Monday, the total amount staked hit about $45 billion, representing nearly 20% of all Ethereum in circulation. This landmark achievement perfectly encapsulates the growth of Ethereum. Tokens are pledged to the network so that they will remain secure in exchange for financial compensation. According to a dashboard built by

July 11, 2023 1 min read

Terra Co-Founder Daniel Shin and Others Summoned to Court in South Korea

Prosecutors have summoned Terra co-founders Daniel Shin and 7 others to court on several accusations as South Korea pursues the extradition of Terra co-founder Do Kwon from Montenegro. In the first trial in South Korea, a court heard charges of fraud, breach of duty, embezzlement, and violation of the Capital

July 10, 2023 1 min read

Binance Launchpad All Set To Host Arkham (ARKM) Token Sale

The unveiling of Arkham (ARKM) as Binance’s 32nd project on Binance Launchpad is an excellent development for the cryptocurrency world. With its novel token sale mechanism and exciting features, it seeks to completely overhaul the crypto industry. Binance Launchpad is a crypto financing platform where early-stage companies may get support

July 10, 2023 1 min read

$250M Outflow Witnessed as Voyager Digital Resumes Withdrawals

Almost a year after shutting down operations and filing for Chapter 11 bankruptcy, on June 23 of this year, insolvent crypto lender Voyager Digital permitted investors to begin withdrawals. Dune Analytics reports that since then, over $250 million has left the platform. Voyager reopened withdrawals to customers on June 23.

July 10, 2023 1 min read

Spain Becomes the Largest Operational Market for Worldcoin’s Project

Worldcoin, the blockchain project by OpenAI CEO Sam Altman, has announced that 150,000 people in Spain have signed up for the World ID. Moreover, with this remarkable milestone, Spain has become the fastest-growing operational market in Europe for the Worldcoin project. This is a significant achievement for Worldcoin after its

July 10, 2023 2 mins read

Fake accounts on Threads : Warns Crypto Twitter

According to reports, numerous prominent Crypto Twitter users have already issued warnings regarding the presence of imposter accounts on Meta’s new microblogging app, Threads. Threads, which introduced on July 5, has witnessed a surge in registrations, with the number of sign-ups exceeding 98 million in the days that followed. Nevertheless,

July 10, 2023 1 min read

U.S Fed Chairman Defends Crypto Sustainability Before Congress

Recently, U.S. Federal Reserve Chairman Jerome Powell expressed optimism about the cryptocurrency market. In his testimony before Congress, Powell defended the sustainability of cryptocurrencies as an investment category in the United States. Witnessing before the House Committee on Financial Services about the Federal Reserve’s Semiannual Monetary Policy Report, Powell made

July 8, 2023 2 mins read

Arbitrum (ARB) Locks $770M Worth of Tokens, What Comes Next?

The cryptocurrency sphere is experiencing a rapid evolution characterized by ongoing developments and transformative innovations. Arbitrum (ARB), as a layer-2 solution, has emerged as a major player in the ever-changing cryptocurrency landscape. With a current trading price of $1.13, ARB has garnered considerable attention from investors worldwide. As a layer

July 8, 2023 2 mins read

Gaming Giant Sega No Longer Interested in Blockchain Gaming Plans

To prevent what it sees as a devaluation of its content, gaming giant Sega has declared a deliberate withdrawal from its blockchain activities. Co-chief operating officer Shuji Utsumi has said that the Tokyo-based company, known for games like Sonic the Hedgehog and Virtua Fighter, has no plans to include blockchain

July 7, 2023 2 mins read