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Search Results for: Cryptocurrency

Former FTX Engineering Chief Seeking Deal With Federal Prosecutors

Sam Bankman Fried’s (SBF) former roommate and confidant is reportedly looking to secure a plea deal. Nishad Singh, the former engineering chief at FTX, reportedly met with federal prosecutors to join Bankman Fried’s inner circle and negotiate a cooperation agreement in the fraud case involving the collapse of the cryptocurrency

January 10, 2023 1 min read

Nepal Issues Notice to ISP’s Towards Ban on Online Crypto Access

There has been a directive from Nepal’s telecoms authority for all ISPs in the nation. To ban access to any and all cryptocurrency trading websites, with legal repercussions for those who don’t comply. The Nepal Telecommunication Authority (NTA) issued a notification on January 8. Instructing Internet service providers (ISPs) and

January 10, 2023 1 min read

Voyager Digital Defends SEC’s Objection to Binance 1B Acquisition

Bankruptcy cryptocurrency lender Voyager Digital filed a motion in a US court in response to the opposition to the Binance.US plan to pay off its debt. Two legal files published late Sunday that it called the Alameda objections “hypocrisy and chutzpah”.  Also, Voyager Digital claimed in one document the objections

January 10, 2023 2 mins read

Over 12 Billion LUNC Burnt by Community To Boost Burn Rate

Since LUNC burn rates decreased in December, the Terra Classic community has set its sights on boosting those rates. The LUNC burn rates have also been influenced by the decision of the cryptocurrency exchange Binance to temporarily pause its LUNC burn mechanism until March and to decrease the burn amount

January 10, 2023 1 min read

Ripple Appeal Court to Oppose the SEC’s Motion to Seal

The lawsuit between blockchain firm Ripple and the Securities and Exchange Commission (SEC) has no specific date. And the parties are receiving increased attention from interested parties. And, in particular, defense counsel James Filan has revealed that the Ripple defendants have filed their answer in opposition to the SEC’s Motion

January 10, 2023 2 mins read

Metacade presale passes $2 million – only $690k remaining before it sells out

London, United Kingdom, 10th January, 2023, Chainwire Metacade has exceeded expectations as investors flocked to its presale to purchase MCADE tokens, raising over $2 million for the GameFi project. The beta stage of the presale saw $1 million pour in over a matter of weeks and momentum has continued despite

January 10, 2023 4 mins read

Binance Lost $12 Billion in Assets Due to User Withdrawals

Despite the recovery in the cryptocurrency markets following the demise of the FTX exchange, the situation with Binance withdrawals has not yet normalized. According to a recent report from Forbes, Binance has lost $12 billion in assets as a result of users continuing to withdraw money from the exchange.  Binance,

January 10, 2023 2 mins read

Layer 1 Oracle Network Flare Launches Highly Anticipated Historic Airdrop

At 11:59 p.m. UTC on January 9, Flare, the blockchain for developing apps that utilize data from other chains and the internet, successfully launched its much anticipated token airdrop. One of the greatest scale distributions in cryptocurrency history, the airdrop saw 4.279 billion Flare (FLR) tokens issued to millions of

January 10, 2023 3 mins read

Huobi’s Korean Division Reportedly Wants To Go Independent

Huobi Global, Justin Sun’s cryptocurrency exchange, has been said to be having financial difficulties and is facing a number of obstacles. As a momentous turn of events, Huobi’s branch in South Korea, Huobi Korea, reportedly opted to split out from the parent company. Furthermore, Huobi Korea reportedly wants to go

January 9, 2023 1 min read

Hong Kong Lures Crypto Exchanges and Firms Through Licensing

On Monday, Paul Chan, Hong Kong’s Financial Secretary, reaffirmed the region’s dedication to developing into a major crypto powerhouse. To investigate the possibility of retail engagement in the sector. Hong Kong has also encouraged crypto firms and startups to provide services. As regulators are ready to give licenses to crypto

January 9, 2023 1 min read