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Glip, a Web3 Discovery & Wallet App Raises $2.5M, Records 7M Downloads

Glip, a company based in India that offers a global web3 game discovery and wallet app, raised $2.5 million in a round-headed by Hashed Emergent and included participation from Beenext and existing investor Prime Venture Partners. Axie Infinity, League of Kingdoms, and KOF Arena from Netmarble are just a few

November 29, 2022 3 mins read

Shiba Inu Holdings on Binance Totals to $800 M

Shiba Inu (SHIB), the memecoin being held in the Binance platform exceeds the amount of SHIB in Crypto.com. Recently, the crypto exchange Crypto.com mentioned around 20% of its reserve is occupied by the SHIB. The valuation of the SHIB is nearly $558 million. Whereas now, Binance holds 87 trillion SHIB

November 26, 2022 1 min read

Binance is Not A Chinese Company-CZ

The current crypto market is indeed quite complex, and in other words boring with the markets being propagatively low. With lesser activities, the market is on a whole completely drunk and wasted. The situation is not far different for even the largest global crypto exchange, the Binance.  Accordingly, on November

November 24, 2022 2 mins read

Prosus Delivers Strong Ecommerce Revenue Growth and Operating Performance

AMSTERDAM–(BUSINESS WIRE)–Prosus N.V. (AEX: PRX) has announced a solid set of results for the first half of the year. Despite a turbulent period during which industry growth expectations and valuations came under significant pressure, we have increased ecommerce revenues and continued organic investment into those segments where we see the

November 23, 2022 11 mins read

Binance Becomes Biggest BTC Holder!

Binance now officially becomes the largest holder of Bitcoin (BTC) currently, surpassing Coinbase exchange. According to statistical reports from analysts of various firms, Binance is now the exchange with the most BTC reserves. Moreover, this is the first time that Binance has gained this status. The exchange reserve which denotes

November 21, 2022 2 mins read

EMURGO Introduces First USD-Backed Stablecoin for the Cardano Ecosystem

The stablecoin is the first offering in its ‘Anzens’ suite of products designed to connect traditional financial services to crypto SINGAPORE–(BUSINESS WIRE)–#Cardano—EMURGO, the official commercial arm and a founding entity of the Cardano blockchain, announces the planned launch of its new U.S. Dollar-backed stablecoin, USDA. USDA is the first fully

November 18, 2022 3 mins read

Crypto Lender Vauld Eyeing Merger Post $10M Exposure to FTX

According to recent reports, Vauld, a major crypto lender in Asia, has funds locked in the defunct FTX cryptocurrency exchange. Vauld authorities have been trapped with almost no cash as a result of the continuing FTX problem. Despite the exposure being worth an estimated $10 million. Since it lacked its

November 18, 2022 1 min read

Majic Wheels Corp. Enters Definitive Merger Agreement with OceanTech Acquisitions I Corp.

NEW YORK–(BUSINESS WIRE)–Majic Wheels Corp. (“Majic Wheels”) (OTC: MJWL), a holding company that operates through its subsidiary companies focused on disruptive industries such as Fintech, Insurtech, software development, and crypto exchange platform, through strategic acquisitions, and OceanTech Acquisitions I Corp. (“OceanTech”) (Nasdaq: OTEC/OTECU/OTECW), a special purpose acquisition company, today announced

November 16, 2022 12 mins read

Binance CEO CZ Cautions of Cascading Effects Due to FTX Fall

Binance CEO Changpeng Zhao stated that the devaluation of FTX will have “cascading effects” during a conference in India. The CEO thinks a catastrophe is approaching, and the imploding cryptocurrency platform is the first domino. The terrible decline of FTX has been front-page news everywhere this week. More recently, it

November 11, 2022 1 min read