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Search Results for: Cryptocurrency

Justin Sun Reveals Holding Millions of Huobi’s HT Token

These remarks were made by Justin Sun on Thursday, October 13. The price of HT tokens rose about 100% in a week’s time after Sun became an adviser. In his most recent confession, Tron’s founder Justin Sun revealed that he has tens of millions of Huobi Tokens. Interestingly, he stated

October 14, 2022 1 min read

Dogecoin (DOGE) Price Soars up Following Google Supports

Dogecoin (DOGE) price surged by more than 3.51% in the last 24 hours.  Google cloud service accepts Dogecoin as payment. Following Elon Musk’s release of his brand new perfume, “Burnt Hair,” Musk’s favorite Dogecoin (DOGE) started to trend after bouncing back today. At the time of writing, DOGE traded at

October 14, 2022 2 mins read

FRMO Corp. Announces Fiscal 2023 First Quarter Results and Conference Call

WHITE PLAINS, N.Y.–(BUSINESS WIRE)–FRMO Corp. (the “Company” or “FRMO”) (OTC Pink: FRMO) today reported its financial results for the 2023 first quarter ended August 31, 2022. Financial Highlights FRMO’s total book value as of August 31, 2022 was $345.9 million ($7.86 per share on a fully diluted basis), including $157.0

October 14, 2022 7 mins read

The Girles Token Project Successfully Raised Over $1.2 Million In Presale

Hrodna, Belarus, 14th October, 2022, Chainwire   The thunderous presale of the NFT GameFi token raised more than $1.2 million and continues to delight investors.    Girles Token is a decentralized NFT GameFi token created on the Ethereum platform, which is available for presale right now for every investor. Early-stage

October 13, 2022 2 mins read

U.S Authorities Charge Bittrex With Violation of Sanctions

According to OFAC head Andrea Gacki, national security is put at risk. Bitmex, a crypto derivatives exchange, was fined $100 million by FinCEN last year. Bittrex, a cryptocurrency exchange situated in Washington State, was hit with charges from the Financial Crimes Enforcement Network and the Office of Foreign Assets Control

October 13, 2022 1 min read

Brazilian Authorities Issues Rules To Classify Crypto as Securities

In a recent advisory opinion paper, the Brazilian Securities and Exchange Commission (CVM) addresses the topic of crypto-based securities. In it, a lack of regulation is acknowledged, and cryptocurrencies are defined as digitally represented assets. Safeguarded by cryptographic technology, and transacted and stored by Distributed Ledger Technologies (DLT). Tokens that

October 13, 2022 2 mins read

Binance Adds TerraClassicUSD (USTC) as Borrowable Asset

Binance has not abandoned its support for the Terra Classic currencies. Over the past week, the price of USTC has increased by over 65%. Binance, the biggest cryptocurrency exchange in the world, has added TerraClassicUSD (USTC) as a borrowable asset to its Binance Loan service. Demonstrating its continued commitment to

October 13, 2022 2 mins read

Uniswap Labs Valuation Stands at $1.66B After $165M Funding

The firm is now focusing on growing its Web3, DeFi, and NFT market offerings. Uniswap Labs is now a $1.66 billion unicorn. The corporation behind the decentralized cryptocurrency exchange Uniswap, Uniswap Labs, has declared a $1.66 billion valuation after obtaining $165 million in a Series B fundraising round. Polychain Capital

October 13, 2022 2 mins read

Inflation in Germany Records 3-Decade High of 10% in September

It’s worth noting that inflation has been over 7% for the last seven months. The country in question had the biggest positive flows of crypto, totaling $2.9 million. Rising inflation has eroded the purchasing power of the average person throughout the globe, creating a cost-of-living issue. Inflation rates throughout the

October 13, 2022 1 min read