With the cryptocurrency market in freefall, investors and funds are looking for utility-based projects that provide real-world value. Companies building despite market conditions continue to develop, grow and support the entire ecosystem. The utility can come in many different shapes and sizes, although the utility desperately needed throughout the industry
FTX has received approval to enter Dubai’s MVP for VARA. Earlier this year, FTX started a transfer procedure for its operational MVP license. The region’s cryptocurrency regulator, the Virtual Asset Regulatory Authority, has approved FTX Exchange FZE (FTX) to participate in Dubai’s “Minimum Viable Product” (MVP) program for Virtual Assets
The Whale bought 199.99B SHIB for $2,075,999 ($2.07M) in the initial transaction. Shiba Inu has the largest holding among the top 2000 ETH whales. “Gimli” and “BlueWhale0159,” the two significant ETH Whales, have amassed 533.99B SHIB in the last 24 hours, totaling $5,624,279 ($5.62M). For the 248th-biggest Ethereum hoarder known
Ethereum addresses with a non-zero balance reached an all-time high of 84,381,102. The price of Ethereum rose to an all-time high of $4,878 last year. There are now more Ethereum addresses with non-zero balances than ever before, according to statistics from on-chain analytics firm Glassnode. According to Glassnode, the total
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,
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
This improvement aims to make NFT trading easier for beginners. NFT marketplace OpenSea receives orders from 25,000 to 30,000 customers every day. The largest U.S. crypto exchange, Coinbase, has released an update to its multi-product wallet that makes trading non-fungible tokens (NFTs) easier for experts and novices alike. The Coinbase
The buyer paid only $1 for the entire transaction worth millions. SHIB presently holds 4.8 percent of BlueWhale0159’s total token holdings. Shiba Inu was just acquired in bulk by an Ethereum “whale”. The Ethereum whale, whose alias is “BlueWhale0159,” spent nearly $1.75 million on SHIB tokens, according to WhaleStats. BlueWhale0159
Anonymous or outside contributions will not be allowed under the new restrictions. All political campaigns must also have adequate KYC procedures. As a result of a decision by California lawmakers, the state’s restriction on crypto contributions to state and local politicians has been lifted. Donations of any size (within the
$34 million is apparently owing to Vauld’s biggest individual retail creditor. Based on court records and an affidavit, Vauld possesses $287.7 million. Singapore-based Vauld, a cryptocurrency lending, and trading company owe its debtors $402 million, according to The Block. Vauld CEO Darshan Bathija submitted a statement to Singapore’s High Court
