Sat, October 3

Iranian’s Used Binance Services Despite U.S Sanctions as per Report

Traders from Iran were banned from Binance’s exchange in November 2018. The company has been utilizing Reuters WorldCheck for KYC verification since 2018. According to a report, Binance, the world’s biggest cryptocurrency exchange, continues to service Iranian clients despite a corporate ban and economic sanctions. Binance has added Iran to

July 12, 2022 2 mins read

Uniswap Phishing Attack Results in $4.7 Million in ETH Stolen

The perpetrators had stolen ETH from victims as well as ERC20 tokens and NFTs. The Uniswap team responded that the attack was part of a phishing scheme. At least $4.7 million worth of Ethereum was stolen in a sophisticated phishing attempt targeting Uniswap v3 protocol liquidity providers (LPs). On the

July 12, 2022 2 mins read

Creditors Claim Three Arrows Capital Founders Gone Missing!

Three Arrows moved for Chapter 15 bankruptcy at the end of June. Liquidators sent by the court could not access the company’s Singapore headquarters. A filing by advisory firm Teneo, which is anticipated to sell the remaining assets of the controversial cryptocurrency hedge fund, reveals that the Three Arrows Capital

July 12, 2022 2 mins read

Popular Gaming Platform Launches Its First NFT Marketplace

GameStop launched its debut NFT token marketplace last Monday. Previously, GameStop and Immutable X launched a $100 million grant program. On Monday, an American video gaming platform, GameStop announced the launch of its first NFT marketplace, which allows users to buy, sell and trade the NFT collections. As per the

July 12, 2022 2 mins read

Vauld CFO Resigned From Designation Amidst Market Dip

Jatin Mazalcar left Vauld after the crypto lender stopped withdrawals. Vauld halted all withdrawals on July 4th due to the financial difficulties. Vauld CFO Jatin Mazalcar has left the company after the Singapore-based cryptocurrency lender was compelled to cease client withdrawals last week. Mazalcar continued to serve as a consultant

July 12, 2022 1 min read

Iranian Power House Warns of Stringent Action on Illegal Crypto Mining

Fines for illicit mining actions have been raised by 400 percent. First-time offenders would be denied access to subsidized energy for three months. Iran’s Tavanir power distribution company has implemented a new set of stringent procedures to combat illegal crypto mining. Fines for illicit actions have been raised by 400

July 11, 2022 2 mins read

FSB Reveals Strong Crypto Regulations Underway Amid Recent Crisis

Update comes after a series of high-profile crypto lending firm closures. FSB plans to provide reports in October this year. To ensure “robust regulation and supervision” of cryptocurrencies, the Financial Stability Board (FSB) announced today. According to the G20 Treasury and Central Bank leaders’ group, they plan to provide a

July 11, 2022 2 mins read

MT. Gox’s Bitcoin Facing Huge Dump After Shinzo Abe’s Death

Bitcoin traded at $20,458 with a trading volume of $26 billion. Mt. Gox sold 25,000 Bitcoins in 2018 for around $260 million. MT. Gox, a Tokyo-based cryptocurrency exchange ranked as the most significant Bitcoin exchange in the world before it lost 850,000 BTC in 2014. Now it has transferred 150,000

July 11, 2022 1 min read

Blockchain Comic Launches NFTs Based on the Bitcoin Creator

The comic’s creator highlights Satoshi as the original hero of blockchain.  SMoD has been developed by a brand new rarity algorithm. Blockchain comic is all set to launch the NFTs collection, Satoshi Master of Disguise (SMOD), on the carbon-neutral Immutable X (IMX) blockchain. The NFTs will debut on July 14;

July 11, 2022 1 min read

Binance Receives Green Signal For Its Global Expansion In Spain

Binance obtained a VASP certification from the Bank of Spain. Along with Binance, more than 17 firms also received the approval. The prominent cryptocurrency exchange Binance recently acquired an operating license, Virtual Asset Service Provider (VASP) from the Bank of Spain. With this license, the platform can operate in the

July 11, 2022 1 min read