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Search Results for: Cryptocurrency

Valkyrie Has Lost Its Biggest Participant in $11M Funding Round

Valkyrie recently said that the biggest participant in the funding round had defaulted. The crypto platform previously announced that it had raised $11.15 million. Valkyrie Investments, a leading financial service firm has lost its largest investor in its $11 million funding round. Earlier this month, Valkyrie revealed that the biggest

October 20, 2022 2 mins read

Binance Lowers Terra Classic (LUNC) Burn Tax to 0.2%

Consolidation charge for on-chain transactions like withdrawals and deposits: 0.2%. The exchange will also cut burn tax from 1.2% to 0.2%. Binance cryptocurrency exchange stated on Wednesday that it will reduce the burn tax on Terra Classic (LUNC) from 1.2% to 0.2%. Proposal 5234 was approved by the Terra Classic

October 20, 2022 1 min read

Bitcoin Makes Way Into Guinness World Records (GWR)

According to GWR’s report, Bitcoin is the “First decentralized cryptocurrency.” Bitcoin (BTC) is down 1.08% and is now trading at $19,204. Bitcoin, Satoshi Nakamoto’s cryptocurrency and blockchain network, has been widely praised and acknowledged by both online and offline media outlets.  Because of bitcoin’s status as the “first decentralized cryptocurrency,”

October 19, 2022 1 min read

Societe Generale-Forge Registers as Digital Asset Provider in France

The overall assets of Societe Generale make it the third-biggest French bank. Earlier this year in June, Societe Generale-Forge formed a partnership with Metaco. Societe Generale-Forge, the digital assets division of Societe General Group, has officially registered with the French financial authority, the Autorité des marchés financiers (AMF). The overall

October 19, 2022 2 mins read

JP Morgan Hired Former Celsius Executive as Its Crypto Policy Head

JPMorgan Chase & Co is a multinational investment firm providing solutions to the top most important corporations, governments and institutions. Despite the bear market, JP Morgan hired a candidate for the role of Head of Crypto regulatory policy. It is none other than, Aaron Lovine, the former executive of Bankruptcy

October 19, 2022 1 min read

AGIA International to Build First-Ever Luxury Crypto Community on Site of Fyre Festival in the Bahamas

Exclusively via crypto wallets, AGIA International plans to sell 60 ultra-luxe pavilions and villas on Great Exuma Island as NFTs in collaboration with global design firm Oppenheim Architecture, renowned home builder JFB Ltd, blockchain incubator Unchained Partners, and hospitality operator The Setai Group. NASSAU, Bahamas & GREAT EXUMA, Bahamas–(BUSINESS WIRE)–In

October 19, 2022 5 mins read

Project Rundown Interview With Payslink

Hey guys! Happy to connect today and learn more about Payslink! Can you tell us more about the founding of the project and what the problem is that you were addressing? Sure, Payslink was created to fill the void in an ever-growing market. The goal is to bring the digital

October 19, 2022 3 mins read

Flipkart Introduced “Flipverse” a Metaverse-based Shopping Platform

Flipverse shopping will be available until October 23rd.  Flipkart’s metaverse-based shopping would support 15 brands. Flipkart, one of the largest e-commerce firms in India, has partnered with decentralized music and entertainment company eDAO to launch the “Flipverse”, a metaverse-based shopping platform. Customers will be able to make purchases using their

October 19, 2022 2 mins read

Do Kwon Opens up and Admits Full Liability for Terra’s Collapse

Do Kwon denied allegations regarding the freezing of the $67 million fund. Terra’s founder continuously says he is not on the run from law enforcement. The “wanted” Terraform Labs founder, Do Kwon accepts full responsibility for Terra’s demise. In a recent interview, Do Kwon addressed the Terra collapse and the

October 19, 2022 2 mins read

Federal Investigations Against Bankrupt Crypto Lender Celsius

The company has received inquiries from the SEC, CFTC and FTC.  A federal grand jury subpoena was issued to the firm. US federal investigations are being conducted into the bankrupt cryptocurrency lender Celsius Network as per the Bloomberg report. According to a document submitted by attorneys for Celsius’ committee of

October 19, 2022 1 min read