Mon, October 5

MicroStrategy’s Michael Saylor Claims Bitcoin Superior to CBDC

Michael Saylor thinks Bitcoin is also superior than gold and real estate. MicroStrategy and its subsidiaries now have almost 130,000 BTC in their possession. Michael Saylor, the founder of MicroStrategy and Bitcoin maximalist, stated that CBDCs are unstable and doomed to fail. Bitcoin is superior, he says, because of its

October 10, 2022 2 mins read

FTX CEO Discloses Roll Out of V2 Adding Significant Enhancements

The CEO has announced that a brand new order matcher is in the works.  All the features will probably be released on November 1, 2022. Sam Bankman-Fried, CEO of the FTX exchange, discusses the development of the FTX exchange in a series of tweets. He said that several enhancements to

October 10, 2022 1 min read

Justin Sun Becomes First Member of Huobi Global Advisory Board

Justin Sun, was invited as one of the board’s first advisors by Huobi Global. Huobi Token’s price has climbed by more than 21.50% in the last 24 hours. Huobi Global unveiled a global advisory board that includes traditional and blockchain, industry leaders. Mr. Justin Sun, founder of TRON (TRX) DAO

October 10, 2022 2 mins read

Terra Classic USD (USTC) Skyrockets Over 40% In 24 Hours

USTC is currently trading around $0.04028, which has increased by nearly 29.52% in the last 7 days. USTC reached around $0.06432 in 30 days, near its 90-day high value. Terra Classic USD (USTC), the algorithmic stablecoin of the Terra payment platform, is witnessing a massive price surge in the global

October 10, 2022 1 min read

$22M Worth BTC Seized by U.S DOJ From Ransomware Attacker

The inquiry led to the US Department of Justice seizing 719 Bitcoins. The convict was sentenced to 20 years of prison. For his involvement in the NetWalker ransomware assaults, the US Department of Justice (DOJ) seized 719 bitcoins. This was from 35-year-old Canadian Sebastien Vachon-Desjardins. Almost $22 million worth of

October 10, 2022 1 min read

Brazil Police Uncover $766M Crypto Ponzi Scheme Fraud

Brazilian law enforcement officers searched the home of da Silva and his accomplices. Celebrities like model Sasha Meneghel lost almost $230,000. The activities of a criminal organization headed by businessman Francisco Valdevino da Silva, aka “Bitcoin Sheikh,” were apparently put to a stop by the Brazilian Federal Police. To the

October 10, 2022 2 mins read

Do Kwon’s Passport To Be Revoked Unless Handed Over

In conjunction with Kwon’s actions, police have also detained one close aide. Kwon is the subject of a “Red Notice” from Interpol, the international police agency. On Thursday, South Korean officials started the process of revoking the passport of Do Kwon, founder of Terraform Labs, whose firm was responsible for

October 10, 2022 2 mins read

NFT Marketplaces Trading Volume Decreases, OpenSea CFO Resigned

Brian Roberts, the chief financial officer (CFO) of NFT marketplace OpenSea, has left his position less than a year after joining, according to a Friday update on his LinkedIn profile. The resignation made him the most prominent Web3 executive to exit during the bear market. As the CFO of OpenSea,

October 10, 2022 2 mins read

What Is the Current Value of Logan Paul’s NFT?

Logan Paul, a well-known American YouTuber, made news last year after paying $623,000 for Azuki’s ‘Bumblebee’ NFT. The Azuki NFT collections are valuable assets since they include 10,000 hand-drawn avatars that are unique from other digital artworks. And the price has reduced as of 2022, and the Azuki NFT has

October 10, 2022 1 min read

Binance CEO Changpeng Zhao Discusses Decentralization

CZ uses the expression “not your keys, not your coins” as an example. The CEO sees decentralization not as a goal in itself, but as a way to achieve a goal. Changpeng Zhao (CZ) shared his thoughts on centralization and decentralization in a new post published on the Binance website.

October 9, 2022 2 mins read