Tue, October 6

NFT Project Moonbirds Partners With Hollywood Talent Agency

In February of 2022, Kevin Rose, an early Facebook and Twitter investor, and Justin Mezzell, a designer, launched a firm centered on NFTs. The Proof Collective and Oddities NFT lines are also available through the business. Rose hinted on Twitter on January 6 that the deal’s primary motivation was to

January 8, 2023 2 mins read

Launch of Mexican CBDC Likely To Be Delayed Beyond 2024

As of December 29th, 2021, the Mexican government has declared through social media that they will be creating their own digital peso, to be released in 2024. Recent reports from Banxico, Mexico’s central bank, suggest that this schedule is becoming unrealistic. Reports from the ground indicate that the general directorate

January 8, 2023 1 min read

Shibarium Layer 2 Network to Be Delivered on Time

Shiba Inu ecosystem is declaring back-to-back updates about all of its products like the Shibarium beta network, public release of certain parts of code on GitHub, and so on. One such recent update is, transactions going to take place over the yet-to-release Shibarium network will burn the SHIB tokens. Shibarium

January 7, 2023 2 mins read

Indian Crypto Exchange CoinSwitch Releases Proof of Reserves

CoinSwitch, a cryptocurrency trading platform, has released its proof of reserves, revealing that the total value of user assets held as of January 6, 2023, is approximately $131.096 million, or 1,083.45 crores. Amounts held in the wallets indicated total about $112.99 million, or 933.83 crores.  Reveals $131.09 Million in Assets

January 7, 2023 1 min read

U.S. Unemployment Rate Plummets to 3.5% in December

The U.S. jobless rate reportedly hit a 50-year low of 3.5% in December. Predictions anticipated it maintaining its pre-recession high of 3.7%, so this is a decrease from that. But, hiring slowed quite a little as the year came to a close. Even if the job outlook is bright according

January 6, 2023 1 min read

Huobi Witnesses $61 Million Net Outflows in 24 Hours

Net withdrawals from Huobi Global were $60.9 million in under 24 hours. An increase in withdrawals was seen when rumors on social media circulated that Huobi was firing off personnel. Today, Justin Sun said that 20% of Huobi’s workforce will be terminated. Large amounts of USDT, USDC, and ETH are

January 6, 2023 1 min read

Huobi Token (HT) Price Drops Following the Recent Allegations

Huobi Token (HT), the native token of the Huobi Global exchange, has currently witnessing a dramatic price fall in the global cryptocurrency market. According to CoinMarketCap (CMC), the price of Huobi is now massively plummeting, with a 24 hours price change of 6.2%. During the past few days, Huobi Token

January 6, 2023 2 mins read

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

SEC Hits Former BlackRock Portfolio Manager by Charging $250M

The U.S. Securities and Exchange Commission (SEC) charged investment giant BlackRock’s former Portfolio Manager Randy Robertson on Thursday for failing to declare a conflict of interest. Robertson has committed to paying a $250,000 fine to settle charges. Also, he accepted a cease-and-desist order without acknowledging or refuting the SEC’s findings.

January 6, 2023 1 min read

Bank of France Governor Demands Compulsory Licensing for Crypto Firms

François Villeroy de Galhau, the Governor of the Bank of France, wants to strengthen the regulatory standards for cryptocurrency businesses. According to a recent report from Bloomberg, the head of France’s central bank has called for tighter licensing requirements for crypto-based firms in the country. His latest decision is a

January 6, 2023 2 mins read