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Search Results for: Tether

Audits of British Fintech Revolut Under Scrutiny Over Flaws

The audits of pro-cryptocurrency bank Revolut reportedly had problems, as reported by the Financial Times, United Kingdom. A Financial Reporting Council (FRC) assessment from July said that the audit of a certain corporation (which was not identified) had flaws. The FRC said that there was “the risk of an undetected

September 5, 2022 2 mins read

Intelligence Firm Reveals Tornado Cash Dev’s Link With FSB

Pertsev worked for the Russian company Digital Security OOO as per Kharon. Ksenia Malik, Pertsev’s wife, has repeatedly refuted rumors. Prior to his involvement with Tornado Cash, Alexey Pertsev most certainly worked for a Russian security firm with connections to state intelligence organizations as per an intelligence firm. The intelligence

August 27, 2022 2 mins read

The X.LA Metaverse Revealed In Detail

Cologne, Germany, 23rd August, 2022, Chainwire   X.LA Foundation executive Aleksey Savchenko has revealed details of the eagerly anticipated X.LA Metaverse. Before an expectant crowd at Gamescom in Cologne, Germany, Savchenko promised an immersive experience, delineating a vision backed by technology that will shape the way people interact well into

August 23, 2022 2 mins read

Circle Led USDC Stablecoin Held by Large Whales Plummet

The top 1% of addresses recently controlled 87.667% of all USDC. On-chain statistics show a sell-off of USDC over the previous two weeks. As the bear market in cryptocurrencies continues, the share of USDC stablecoins owned by significant wallet addresses has fallen to its lowest level in over two years.

August 22, 2022 2 mins read

E-commerce Giant Mercado Libre Launches Own Cryptocurrency

Market participants will be eligible for rebates on their purchases utilizing the token. The technology underpinning the token was created by Ripio. E-commerce giant, Mercado Libre, has launched its own cryptocurrency. As an ECR20 token, the established standard for tokens developed on the Ethereum blockchain, the firm has released Mercado

August 19, 2022 1 min read

Cash Flow Over the Cake DeFi Platform Has Been Increased

The Singapore-based cryptofinance platform Cake DeFi has now launched its Q2 Transparency Report, which details the company’s accomplishments for the period. Despite Q2 2022 being one of the worst times for the cryptocurrency industry and the overall investment sector, Cake DeFi experienced its best quarter ever in terms of user

August 17, 2022 2 mins read

Huobi Global Stops Derivatives Trading in New Zealand

Inaccessibility to these features would take effect on August 23 for these users. Huobi left Thai territory not too long ago after a dispute with authorities. Governments everywhere are scrambling to find ways to accommodate the cryptocurrency industry as interest in it grows. All throughout the globe, exchanges have been

August 16, 2022 2 mins read

Ethereum Fork (EthereumPoW) Proposed Amid the Merge Slated Next Month

Ethereum fork supporters are getting ready to scrap the crucial EIP-1559. An Ethereum miner has written an open message to the community after receiving support from many industry heavyweights. Towards the end of the transition towards proof-of-stake (PoS), the Twitter account of the proposed chain-split fork, EthereumPoW, claimed that the

August 15, 2022 2 mins read

In-depth Review of Prominent Crypto Exchange: MoonXBT

What is MoonXBT? MoonXBT is the world’s first social trading platform for cryptocurrencies. The Cayman Islands-based cryptocurrency exchange was established in 2021. The exchange offers its customers a broad range of trading products, allowing them to execute their trading plans effectively with enough liquidity to back them up. Introduction: A

August 10, 2022 6 mins read

Bitcoin, Ripple, and Market Volatility: Interview With Cyrus Taghehchian

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

August 3, 2022 4 mins read