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Search Results for: Cryptocurrency

Gemini Co-founder Targets Barry Silbert Over Genesis Withdrawals

Cameron Winklevoss, co-founder of Gemini, expressed frustration in an open letter to Barry Silbert, CEO of Digital Currency Group (DCG), about the company’s slow response in regards to stopping Genesis withdrawals. About 340,000 Earn customers are still waiting for withdrawals to be restored, and he addressed their plight. Collectively, the

January 2, 2023 2 mins read

Binance Eyes South Korean Market Via Acquisition of Gopax Exchange

On Monday, Binance, the biggest cryptocurrency exchange in the world, finished its due diligence on the purchase of Gopax and officially returned to the South Korean market. Among South Korea’s crypto exchanges, Gopax is a strong contender. According to a source with knowledge of the situation. The purchase announcement was

January 2, 2023 1 min read

Decentralized Think Tank Publishes Industry Update Regarding The Future of Cyber Security for Blockchain Exchanges

LONDON–(BUSINESS WIRE)–$CGG #confidentialcomputing–Following the recent FTX debacle, The Decentralized Think Tank released an industry update on the topic of cyber security for crypto exchanges. The report explores the importance of confidential computing in securing the future of crypto exchanges, alongside naming a number of emerging leaders in the field, including:

January 2, 2023 7 mins read

Top Blockchain Influencers in the World

Top 5 Blockchain Influencers in 2022 Influencer Marketing is one of the most efficient strategies to reach our target demographics in this Holocene era. Remember the old-school days when salespersons pitched product marketing at our doorsteps? Well, Influencer Marketing is an amalgamation of conventional marketing and the social media platform,

January 2, 2023 8 mins read

Lido Finance Now Has Highest TVL in DeFi Surpassing MakerDAO

Total value locked (TVL) for Lido Finance, one of several decentralized finance (DeFi) protocols, has risen to the top since the Ethereum merging in September. DeFiLlama reports that as of right now, Lido’s liquid staking protocol has a total market cap of $5.96 billion in TVL, which is more than

January 2, 2023 2 mins read

Crypto Asset Manager Valkyrie to Save Grayscale Bitcoin Trust

Valkyrie Investments, the largest fund in the cryptocurrency industry, stated on December 28 that it had proposed to become the “sponsor and manager” of Grayscale’s Bitcoin (GBTC). Grayscale BTC is one of the biggest Bitcoin investment funds, which is now valued at 643,572 BTC ($10.6 billion). However, Grayscale’s Bitcoin Trust

January 2, 2023 1 min read

Japan’s Gaming Firm ‘Gumi’ Partners With Square Enix and SBI Holdings

There has been a recent uptick in the number of game developers interested in including metaverse features. Japanese mobile entertainment provider Gumi has established a strategic partnership with other Japanese firms Square Enix and SBI Holdings. Through the issuing of additional shares with a value of $52.7 million. SBI Holdings

January 1, 2023 1 min read

Russia Plans to Establish New Power Plants Amid Mining Surge

Nikolay Shulginov, Russia’s Minister of Energy, has acknowledged the growing demand for energy from cryptocurrency miners in certain regions of Siberia. Media agencies covering cryptocurrency said that he said that more power plants may be needed to accommodate demand. Although Shulginov did not provide details. It is evident that the

January 1, 2023 2 mins read

Former Russian President Backs Digital Fiat Currencies Over Fiat

Russia’s interim leader between Vladimir Putin’s two terms as president Dmitry Medvedev claims that the Bretton Woods monetary system will collapse next year, bringing down the International Monetary Fund and the World Bank with it. This week, he shared his predictions for the year 2023 in a series of funny

January 1, 2023 2 mins read

Venezuela Plans to Monitor Crypto Transactions in Real Time

To prevent a devaluation of the bolivar, the Venezuelan government plans to monitor P2P cryptocurrency transactions. On December 20th, Venezuela’s banking watchdog Sudeban said that, with the support of Sunacrip, the country’s cryptocurrency regulator, it is developing a system to monitor financial transactions in real-time. While specifics were lacking. The

January 1, 2023 1 min read