Sat, October 3

Celsius Surrounded by 4 Separate Jurisdiction Regulators Amid Insolvency

The Securities and Exchange Commission was also in contact with Celsius. The firm has temporarily suspended Customer withdrawals, swaps, and transfers. State authorities are investigating Celsius in four separate jurisdictions for blocking consumer accounts due to solvency issues. As a result of Celsius’ decision to restrict client money withdrawals, regulators

June 17, 2022 1 min read

Decentral Games Received $1M From Decentraland DAO

Decentral Games play and earn project, responsible for 60% of all activity in the Decentraland (MANA) Metaverse. One of its products now has the largest grant in Decentraland history supporting its ICE coin. Decentral Games receives $1 million in MANA The project received $1 million in $MANA from the Decentraland

June 17, 2022 1 min read

Elon Musk Backs Integrating Digital Payments Into Twitter Platform

Users now have access to an NFT display picture function. Elon Musk wants to acquire Twitter and implement free expression on the network. Elon Musk, CEO of Tesla and SpaceX, said during a virtual town hall meeting that integrating digital payments on Twitter to move money back and forth makes

June 17, 2022 1 min read

Premium Watch Brand Tag Heuer Launches Smartwatch With NFT Display

The corporation began accepting crypto payments on the US website recently. Apple’s App Store and Google’s Play Store are expected to provide a free update. Users of premium watch brand Tag Heuer may now showcase their NFT collection through a new smartwatch function characteristic of such devices. Tag Heuer has

June 17, 2022 2 mins read

Crypto Market Lost $1.1 Trillion in 77 Days

Crypto market lost more than 2 trillion from its all-time high of 3 trillion. Bitcoin fell to an 18 months low of $20,842. The Cryptocurrency market fell below $1 trillion and lost more than 70% of its value for the first time since last November. Now the crypto market holds

June 17, 2022 2 mins read

Huobi Shuts Down Its Crypto Unit – Thai SEC Revoked the License

The Thai Securities and Exchanges Commission (SEC) announced to Shut down Huobi’s crypto services in Thailand. From July 1st 2022, Huobi will permanently close its crypto units as its license is canceled by the SEC.  Earlier in May, The Thai SEC invalidated Huboi’s legal license. As the exchange failed to

June 17, 2022 2 mins read

BitMEX Co-founder Benjamin Delo Sentenced to 2.5 Years’ Probation Term

Delo will spend his probation in Hong Kong before returning to his wife. Prosecutors allege that the three failed KYC processes for their U.S. client base. According to the Wall Street Journal, an anti-money laundering banking secrecy act violation by BitMEX exchange co-founder Benjamin Delo has resulted in a 30-month

June 16, 2022 2 mins read

Three Arrows Capital (3AC) Facing Insolvency as per Recent Reports

According to reports, the 3AC “liquidation” reached at least $400 million. According to Dune Analytics, 3AC’s portfolio allocation is $372.47 million. Digital currency hedge firm Three Arrows Capital (3AC) may face insolvency, according to sources who spoke to The Block writer Frank Chaparro. According to reports, the 3AC “liquidation” reached

June 16, 2022 1 min read