Thu, January 29

Shiba Inu and 14 Altcoins Eliminated By Crypto.com

Crypto.com removed a total of 15 altcoins from its crypto earn rewards program. In addition, the exchange added 3 more cryptocurrencies. On Monday, Crypto.com, the world’s leading Singapore-based cryptocurrency exchange platform made significant changes to its Crypto Earn rewards program by removing Shiba Inu (SHIB), Dogecoin (DOGE), and 13 other

June 28, 2022 2 mins read

Harmony Protocol Attacker Starts Laundering Money Through Tornado Cash

$64 million are remaining in the hacker’s Ethereum wallet after siphoning. Harmony reassured its customers that the theft had no effect on its BTC bridge. According to PeckShield, the hackers who stole $100 million in Altcoins from the Horizon Bridge of the Harmony Protocol have started to launder the money.

June 28, 2022 2 mins read

Tether’s CTO Criticizes Conventional Hedge Funds for Shorting USDT

Ardoino said the team had handled 16 billion in redemptions in more than a month. Tether’s resilience and stability were repeatedly emphasized by Ardoino. Tether’s CTO Paolo Ardoino has discussed attempts by conventional hedge funds to short USDT. A Twitter thread started by Ardoino described the assaults as a “new

June 28, 2022 2 mins read

Catalonia Innovation Minister Reveals Plans for Creation of Metaverse

In order to have a significant influence on the financial industry, one must see how Web3 and platform adoption evolves, as well as how widely people use them in their everyday lives. Catalonia’s director-general for innovation, Daniel Marco, spoke at the European Blockchain Convention (EBC) 2022 about some of the

June 27, 2022 2 mins read

Bitcoin (BTC) Price Decline Hits Miners Hard, Forcing To Liquidate Holdings

Almost $4 billion in mining-rig-backed loans are in jeopardy.  Bitcoin miners who need to sell would continue to exert downward pressure. Miners have been hit hard by the 21% decline in the price of bitcoin (BTC) since it peaked two weeks ago. According to a Bloomberg report, some mining-machine-backed debts

June 27, 2022 1 min read

Chinese IT Giant Tencent Launches Extended Reality Unit For Metaverse

Tencent’s extended reality unit isn’t just another corporate unit. This new unit will contain all of Tencent’s projects to break into the metaverse. Chinese IT giant Tencent has taken another step toward entering the metaverse. According to Reuters, an extended reality unit has been launched by Chinese technology and entertainment

June 27, 2022 2 mins read

Australian Crypto Firm Banxa Announces 30% Personnel Layoff

Banxa will allegedly reduce its workforce from 230 to 160 personnel. European Managing Director Jan Lorenc plans to depart the business in European market. According to Banxa, a crypto payments service provider, 30 percent of its workforce will be let off as a cost-cutting measure during the current bear market.

June 27, 2022 1 min read

Three Arrows Capital (3AC) Served With Default Notice by Voyager Digital

Voyager said that it had asked for a partial $25 million USDC repayment by June 24. Alameda has already given Voyager a line of credit to keep solvent. After pledging to prosecute cryptocurrency hedge fund Three Arrows Capital (3AC) for unpaid debt, Voyager Digital has followed through. To put it

June 27, 2022 2 mins read

Global Emerging Markets Pledged $200M To Unizen’s Smart Exchange

Global Emerging Markets (GEM) has announced a $200 million financial injection to drive adoption, grow the company, and strengthen innovation for the CeDeFi exchange, Unizen. The money is tied to certain milestones and results to make the initial investment as efficient as possible. On the 27th of June 2022, Unizen

June 27, 2022 2 mins read

DOGE Breaks Long Sequel Red Candle March

The price of DOGE has increased from $0.0587 to $0.0767 in just a week. The trading volume in the last 24 hrs is accounted to be 108.96%. The meme cryptocurrency, Dogecoin has attained a price surge of around 35% in the last one week. According to CMC, the previous Monday

June 27, 2022 1 min read
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