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Terra Employee Investigated For Alleged Embezzlement by Seoul Police

According to reports, this theft happened in May 2021. The South Korean authorities are looking into Do Kwon’s tax evasion. Reports from South Korea claim that a Terra employee is under investigation for allegedly embezzling Luna and Terra’s corporate funds. According to reports, this theft happened in May 2021. The

June 7, 2022 2 mins read

Thetanuts Finance Launches Stronghold Index Vaults in DeFi

An index vault that provides non-inflationary returns and risk management has been launched by the ThetaNuts Finance platform that streamlines the process of options trading. The launch of the ThetaNuts Stronghold index vault was announced today. By depositing their assets directly into DeFi Option Vaults, Thetanuts Stronghold allows consumers to

June 7, 2022 2 mins read

Uganda’s Central Bank Allows Crypto Firms to Participate in Its Regulatory Sandbox

Andrew Kawere applauded the idea of sharing knowledge. The central bank has urged the BAU to educate themselves with Sandbox Regulations. Following discussions with the BAU team, Uganda’s central bank has said it is now open to allowing crypto companies to participate in its regulatory sandbox. As a result, the

June 6, 2022 1 min read

Mexico Based Crypto Exchange ‘Bitso’ to Lay Off Major Workforce

An 80-person layoff announcement was made by Bitso. Gemini announced a 10% workforce layoff to weather the crypto winter. Retail investors are not the only ones feeling the effects of Crypto Winter. Six of the most significant cryptocurrency exchanges in the United States and Latin America have announced major layoffs

June 4, 2022 1 min read

Community-Driven Football Management Simulator Soccer Manager Elite Rebrands As Soccerverse

London, England, 31st May, 2022, Chainwire   Freshly Unveiled Brand Adds Gaming Industry Veteran Andrew Gore To The Organization London-based Soccer Manager Elite (SME), a Xaya blockchain-based massive multiplayer online soccer management game, has rebranded itself as Soccerverse, which will be developed under a separate legal entity titled Soccerverse Ltd.

May 31, 2022 2 mins read

Stellar Collaborates With MoneyGram to Offer USDC Transfer Platform

Terra’s demise has raised fears that other stablecoins may lose their peg. Stellar blockchain digital wallet users will be able to convert their assets into USDC. MoneyGram and the Stellar Development Foundation have teamed together to promote the use of digital currencies more broadly. Users will be able to transfer

May 31, 2022 1 min read

Luxury Fashion House Prada Offers Ethereum NFTs to Customers

Timecapsule releases by Prada, the fashion house, began in 2019. Prada will not make customers pick between a digital or physical asset. Many high-end fashion houses, like Gucci, Balmain, and Balenciaga, have recently announced their interest in the crypto sector, and now Prada has followed suit with the launch of

May 31, 2022 1 min read

Crypto Market Hit Its $1.3 Trillion Mark With Bitcoin’s New Rally

Crypto Market gained nearly 4.7% in the last 24h. Bitcoin is trading up 5.56% in the last 24h. The global crypto market gained a slight upward momentum in the last 24 hours to attain its ‘$1.3 trillion mark’ in market capitalization. According to Coingecko, the market was worth $1.27 trillion

May 30, 2022 2 mins read

Binance Steps Up KYC Standards, Partners With Kharon and Neterium

Additional security is needed for crypto-oriented platforms because of the inherent hazards. There will be a screening process on the Binance platform. To ensure sanctions compliance and protect the Binance platform from the possibility of unlawful crypto transactions, the well-established cryptocurrency exchange has teamed with two companies, including analytical data

May 29, 2022 1 min read

Top 3 Altcoins for This Bear Market for Investors To Consider

Astar is up 6.02% in the last 24 hours. Multi-chain smart contract platform Astar intends to handle many blockchains. Let us look at the top 3 altcoins for this bear market. Moonbeam (GLMR) On Polkadot, Moonbeam is an Ethereum-compatible parachain for smart contracts. In a Substrate-based environment, Moonbeam enables it

May 28, 2022 1 min read