California Assembly approved a measure to regulate crypto services. Sherman can’t make up his mind on the best strategy to safeguard crypto investors. In the USA, certain states like California have tightened their rules on cryptocurrencies. For instance, only last week it was announced that the California Assembly had approved
The Kingdom’s virtual assets programme will be overseen by Mohsen AlZahrani. Riyadh banned banks from conducting cryptocurrency transactions in 2018. In a sign of the Gulf nation’s prospective interest in cryptocurrencies, Saudi Arabia’s banking regulator recently named Mohsen AlZahrani to head its virtual assets and central bank digital currency initiative.
FTX will suspend deposits and withdrawals of LUNC and USTC. The exchange will also stop its support for Anchor Protocol (ANC) token. According to the recent announcement from the prominent cryptocurrency exchange, FTX, the deposits and withdrawals of Terra Classic (LUNC) and TerraClassicUSD (USTC) will be halted by the platform
PwC Venezuela’s Twitter now has over 37,000 followers. Links directed to a website pretending to represent Ripple and offering free XRP. PwC Venezuela’s Twitter account was hacked and used to advertise a fake crypto giveaway. The Twitter account started the blatant hoax at 2:13 AM UTC by sending links to
This wave of layoffs follows a round of reductions at 2TM in June. The business laid off 90 people, or 12% of its total workforce of 750 previously. In light of the ongoing crypto winter, 2TM, the parent business of the Latin American exchange Mercado Bitcoin, has announced the second
The new digital economic zone will assist companies make the switch to blockchain. Collaboration would attempt to establish a “virtual free zone” similar to Dubai’s. Binance and Nigeria are in talks to establish a blockchain-based digital economic zone in Nigeria. The team at Binance has been on a massive expansion
With LG’s most recent software, they may purchase, market, and advertise Hedera NFTs. LG Art Lab will only work with LG TVs. The LG Art Lab, a non-fungible token (NFT) marketplace that connects to the Hedera Network and is situated in Korea, is being launched by LG. Television owners with
Tamil Nadu Electricity Minister’s Twitter account was hacked overnight. The hacked Twitter account promoted Cryptocurrency. An unknown gang hacked Tamil Nadu Electricity Minister, V. Senthil Balaji Twitter account on Sunday. The short hack uses a different display name “Variorius” and urges users to utilize cryptocurrencies. Over two lakh people followed
LBank Exchange, a global digital asset trading platform, will list TownCoin (TOWN) on September 2, 2022. For all users of LBank Exchange, the TOWN/USDT trading pair will be officially available for trading at 21:00 (UTC+8) on September 2, 2022. As the world’s first play and earn town builder developed by
The sharp increase in crypto assets in 2021 only portended a sharp decline in asset prices. NFTs, especially those that are artistic, only started to gain popularity in 2021. If 2020 and 2021 were the falls and summers of crypto, it’s clear that 2022 is crypto’s winter. For people and
