Sat, June 27

Coca-Cola Releases NFTs Celebrating FIFA World Cup Qatar 2022™

Coca-Cola and Crypto.com will memorialize the passion, intensity, and remarkable skill of the top teams playing in the FIFA World Cup Qatar 2022™ in a series of NFT artworks inspired by the distinctive “heatmaps” formed by each team’s on-field attacks, tackles, and winning goals. The 10,000 unique NFTs were produced by

December 5, 2022 2 mins read

Australian Crypto Exchange Swyftx Lays Off 35% Personnel

Swyftx, an Australian cryptocurrency exchange, has announced the layoff of 90 employees in preparation for a “worst-case scenario” resulting from the collapse of FTX and a possible reduction in global trading volumes in 2023. Moreover, Swyftx co-CEO Alex Harper announced the decision in a statement on December 5, stressing that

December 5, 2022 1 min read

FTX’ SBF Donated More Than $1B to Democrats as per Elon Musk

The efforts of mainstream media to tone down the frauds perpetrated by FTX CEO Sam Bankman-Fried (SBF) did not perform well in persuading the crypto community and entrepreneurs. Instead, Tesla CEO Elon Musk’s efforts to promote Twitter as the most reliable source of information ran head-on into the disinformation campaign.

December 4, 2022 1 min read

Bybit Exchange To Lay Off 30% Staff Amid Sluggish Conditions

Crypto exchange Bybit has announced yet another round of widespread layoffs for the year 2022. Bybit co-founder and CEO Ben Zhou recently unveiled a restructuring plan that includes a significant decrease in staff in the face of a protracted bear market. All staff will be impacted by the “planned downsizing”.

December 4, 2022 1 min read

AAX Users in Nigeria Storm Company Office Over WIthdrawal Halt

A group of Nigerians who are unhappy with Atom Asset Exchange (AAX) allegedly attacked the company’s Lagos headquarters and beat up personnel, as reported by the local press. The irate crowd, allegedly, asked that a ban on withdrawals that had been in place since November 12 be lifted. Legit’s article

December 4, 2022 2 mins read

US DOJ Requests Independent Investigation in FTX Case

The bankruptcy watchdog at the US Department of Justice (DOJ) demanded a separate investigation. Into the FTX Group’s demise on Thursday. Allegations of “fraud, dishonesty, incompetence, misconduct, and mismanagement” were made against the cryptocurrency exchange. Prompting the need for an independent investigation. The US Trustee, a branch of the Department

December 3, 2022 2 mins read

Binance Temporarily Pauses Withdrawals Post Ankr Hack

As a result of the recent assault on Ankr, Binance has temporarily suspended withdrawals, as revealed by CEO Changpeng Zhao. Staking tokens on a proof-of-stake network is a breeze with Ankr since the service acts as a distributed node operator, eliminating the need for customers to invest in hardware. The

December 2, 2022 1 min read

Prominent Crypto Exchange Kraken Lays Off 30% Personnel

The Kraken crypto exchange stated today that they had slashed their personnel by 30%. The decision was called one of the toughest choices at Kraken to date in an official blog post by the exchange. As a result, 1,100 individuals lost their jobs “in order to adapt to current market

December 1, 2022 1 min read

Crypto.com Releases Turkish Lira (TRY) Fiat Wallet For Users in Turkey

Turkey is a crucial expansion region for Crypto.com, the world’s top cryptocurrency platform for licenses, registrations, and security certifications. As a result, the company is constantly adding new products and services for its customers there. Recently, Crypto.com announced the release of a Turkish Lira (TRY) Fiat Wallet for Crypto.com App users

November 30, 2022 1 min read

Binance Expands Into Japan, Acquires Regulated Crypto Exchange Sakura

Binance, the leading cryptocurrency exchange, has entered the Japanese crypto market with the takeover of a regional trading platform, Sakura Exchange BitCoin (SEBC). According to the recent announcement from Binance, it has acquired 100% of the Osaka-based SEBC exchange, which is authorized by Japan’s Financial Services Agency (FSA).  With the

November 30, 2022 2 mins read