WazirX, India’s biggest cryptocurrency exchange, said on Wednesday that it had disclosed its proof-of-reserves (PoR) and had a reserves-to-liabilities ratio of more than 1:1. Among the $286.10 million in reserves reported by WazirX. The Shiba Inu (SHIB) token is the largest at about $54 million. WazirX, a cryptocurrency exchange, said
An early-stage accelerator programme called Beacon with an emphasis on web3 recently launched its first batch. On Tuesday, at a demo day, the teams from the first cohort, referred to as Cohort 0, presented their concepts. Even though it’s only the second week of 2023, startups are already starting demo
The UK-based cryptocurrency app Tap Global becomes the first new member of 2023 to be listed on the Aquis Stock Exchange (AQSE), according to a press statement issued by the organization on January 10. The Company, formerly known as Quetzal Capital Plc ‘Quetzal’, has been listed on AQSE as a
Ethereum layer-2 rollups Arbitrum and Optimism’s daily transactions have increased in recent months. Meanwhile, Ethereum (ETH Mainnet) is experiencing a minor downtrend. As per reports daily active users have lately increased on Arbitrum and Optimism. The optimistic rollups, Arbitrum and Optimism aim to lower the cost of transactions for the
BlockFi, an online platform and mobile app that allows users to purchase, sell, and trade cryptocurrency, has filed for bankruptcy and is attempting to keep their personal information private in a court filing on Tuesday. They have also claimed that they are concerned about identity theft or being a target
The global cryptocurrency market attained a rapid “green turn” at the beginning of the year. Consequently, the leading altcoins have witnessed a rapid surge, with their values skyrocketing. As the market is currently showing a bullish signal, ApeCoin (APE), one of the popular metaverse-based tokens governed by the Ape ecosystem,
Crypto.com is restricting the Tether stablecoin (USDT) trading services in the Canadian region. This is seemingly the follow-up action by the largest crypto platforms after the Pre-Registration Undertaking (PRU) with the Ontario Securities Commission (OSC). And, Crypto.com will delist the USDT from 31st Jan 2023. crypto dot com to delist
An American fantasy drama television series Game of Thrones, Build Your Realm, the digital collectibles that are NFTs series 1 premiered on Jan 10 on the Nifty platform. And it was quickly sold out, and Nifty has gleefully announced that series 2 of the drama will be available shortly on
The next FTX bankruptcy hearing is scheduled on Wednesday, January 11, at 9 a.m. EST in the District of Delaware Bankruptcy Court. The former CEO of FTX Sam Bankman-Fried’s ‘SBF’ attorneys will join the discussion about the deadline expansions and auction of distressed assets. Additionally, the court proceeding is to
The brother of a former Coinbase employee was found guilty of his part in an insider trading conspiracy involving cryptocurrencies. To one count of conspiracy to commit wire fraud, Nikhil Wahi, brother of former Coinbase product manager Ishan Wahi, pled guilty in September. Wahi was handed a 10-month jail term
