Fri, January 23

Philippine’s Leading Crypto Exchange ‘Coins.ph’ Lists Shiba Inu (SHIB)

Former chief financial officer of Binance, purchased Coins.ph in early April. Originally intended to list the meme coin on July 13, but the launch was delayed. Acceptance of the Shiba Inu meme coin is increasing now that it has been listed on Coins.ph, a well-known Philippine cryptocurrency exchange. Currently, Coins.ph

July 25, 2022 2 mins read

Sam Bankman-Fried Expands His Crypto Empire

FTX and FTX US have collected funds of $400 million as of Jan 2022. Voyager rejected FTX’s proposal as it seemed biased toward the borrower. Sam Bankman-Fried (SBF), the CEO of FTX, has been the rescuer for various exchanges and firms in the crypto catastrophe. He is either a lender,

July 25, 2022 2 mins read

Hackers Exhausted $1 Million Worth Tokens From Music Platform

The functioning of the smart contract has been paused for a brief time period. More than $1 million Audio token has been hacked. The decentralized music streaming service Audius was hacked on July 24 at dawn. They disclosed that the theft had caused the company loss of more than $1

July 25, 2022 2 mins read

Voyager Digital Rejects FTX’s Restructure Plan Proposal

Loans to the troubled hedge firm Three Arrows Capital would be immune from this. Customers who don’t want to use FTX may nonetheless file bankruptcy claims. Alameda Research and its affiliate FTX have offered to purchase Voyager Digital, but Voyager Digital has rejected the deal, calling it a “low-ball bid.”

July 25, 2022 2 mins read

Ethereum Whales Are Putting Their Ether Into Play Prior to the Merge

The transaction was worth 8,000 ETH ($12,084,840), at the time of writing.  Last week, Ethereum registered over 2 million unique active addresses. Ethereum (ETH) is the second largest cryptocurrency in terms of market capitalization and it holds over 18.4% of the market share. Due to the current market volatility, Ethereum

July 25, 2022 1 min read

Coinbase Ventures Banks on Web3 and DeFi Sector After Q2 Report

Q2 investment memo showed a 34% decrease in transaction activity. Besides Web3 infrastructure, the company spent aggressively on blockchain gaming. According to Coinbase Ventures’ Q2 report, overall deal activity fell in tandem with the prevailing gloomy tone in the market. However, the firm’s investment thesis on infrastructure projects that exhibit

July 24, 2022 2 mins read

Morgan Stanley Optimistic on El Salvador-issued Eurobonds

An $800 million bond payment is due in January 2023 on President Nayib Bukele. El Salvador’s initial purchase in September last year saw a 50% drop in its value. Investors can take advantage of the present pricing of El Salvador-issued Eurobonds because of the recent crypto meltdown, according to Morgan

July 24, 2022 1 min read

Ethereum Co-founder Vitalik Buterin Proposes New Scalability Options

Proposals include limiting memory by gas, and limiting overall storage to 30M. The mainnet merging is expected to take place on September 19. Ethereum co-founder Vitalik Buterin has proposed new scalability options to alter gas pricing as the network looks for short-term solutions to Scalability Concerns. Vitalik Buterin, the creator

July 24, 2022 2 mins read

Ethereum (ETH) Witnesses Huge Outflow From Crypto Exchanges

There are 410,903 validators, who deposited ether into the contract. ETH’s value has risen by 36.8% versus the US dollar in the last 30 days. The delayed difficulty bomb and the news that The Merge will be postponed until at least September had previously been reported. To put it simply,

July 24, 2022 2 mins read

Huobi Global Bags Provisional Approval From Dubai’s Regulator

VARA has already awarded OKX a provisional license before approving Huobi. Huobi believes a regional headquarters for the exchange may be established in Dubai. The Dubai Virtual Assets Regulatory Authority (VARA) has awarded provisional approval to Huobi, according to a statement from the business. Huobi’s virtual asset exchange products and

July 24, 2022 2 mins read
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