An American attorney and former business executive, Chris Giancarlo, the former Chairman of the US Commodity Futures Trading Commission. One of the few high-profile officials who served under the administrations of both Obama and Trump. As the former Chairman of Commodity Futures Trading Commission, Giancarlo’s last venture was a digital
Polywhale Finance exit scam worth over $1 million. The Polywhale Finance official Telegram group closed permanently. The treasury wallet had reduced to just 1.6 million. A leading yield farm on the Polygon network is Polywhale Finance. The developers of Polywhale Finance have abandoned the project in which appears to be
Founder of Basic Element a Russian industrial Group, with businesses such as Aluminum, Construction and Energy Billionaire Oleg Deripaska came out gun blazing at the Central Bank. According to Forbes is worth around $4.7 billion. Citing that even El Salvador realises the potential of crypto and the Russian bank is
TSB Bank, a British banking institution, is considering suspending its crypto purchases due to fraud concerns. The company in recent times has shown an increase in the cases of fraud related to crypto. Based on the experience with transactions regarding Binance and Behemoth Exchanges. The company has taken this extreme
McCourt invested $100 M to support Decentralized Social Media Project. The decentralized platform could also discourage bad behavior. McCourt hired the co-founder of the meal delivery service Sun Basket. A new effort for a decentralized social media project based on blockchain technology supported by the former owner of the Los
Amber Group raised a fund of $100 million. The companies that purchased Bitcoin (BTC) are Tesla and Square. The new capital raised will be used to make strategic acquisitions. An integrated crypto financial services firm, Amber Group has raised a fund of $100 million as traders rush to back companies
The Ethereum community has been really busy in the past month, with more than three testnet’s launched in June. Now the final testnet before the London Hardfork is being launched on 26th. The year has been a big year for Ethereum. With the news of Ethereum 2.0 which is a
Rapper Raftaar Accepts Cryptocurrency for Performance Fee He thanked his manager for making the necessary arrangements. Raftaar did not reveal which cryptocurrency he will be paid in. Rapper Raftaar becomes the first Indian artist in accepting cryptocurrency for his performance fee for an upcoming performance in Canada. Moreover, Raftaar said,
Questions Upon Security With the rise of the cryptocurrency industry, taking over the world with it, India has never been such an exemption ever. Statistics reveal that so far Indians have invested about $1 billion in the cryptocurrency industry. Moreover, 15 million people are said to be actively trading in
The whole month has been full of tide waves smashing the cryptocurrency industry of China entirely to the shore rocks. The nationwide ban of certain cryptocurrencies, regulations imposed upon crypto trading and crypto exchanges have traumatized the chinese cryptocurrency industry explicitly. Furthermore, the waves now spread to Sichuan too. Breakdown
