March 10, 2022

Elrond Network To Acquire e-Money License in Romania

Popular blockchain project, Elrond Network received a green light from the National Bank of Romania to acquire the payments firm Twispay. By implementing Twispay’s e-money license, Elrond plans to issue stablecoins in the European Union (EU). According to the official press release shared with CryptoPotato, Elrond aims to revamp the utility electronic money or e-money...
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How This Investor Mistakenly Sold His Rock NFT Worth a Million for Virtually Nothing

Remember Ether Rocks – the plain rock jpegs that became incredibly valuable NFTs last year? A lucky owner recently tried to cash in on one of those collectibles – but accidentally sold it for under a cent. Twitter user @dino_dealer (aka Rock Dust) once held EtherRock #44, and planned to sell it for 444 ETH....
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CryptoCom Releases an NFT Collection Featuring NBA Star LeBron James

The popular cryptocurrency exchange – CryptoCom – announced the airdrop of its non-fungible token collection in collaboration with the LA Lakers’ star LeBron James. It is called “The Moment of Truth” and will be airdropped to 5,550 randomly selected viewers who scanned a hidden QR code. LeBron James NFTs to The Lucky Winners One of...
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Major Milestone: Over 10 Million ETH Staked in Ethereum 2.0 Deposit Contract

The deposit contract for staking on Beacon chain – the blockchain providing the spine of the Ethereum 2.0 ecosystem – has now collected over 10 million ETH. That’s $26 billion of staked value at current prices. Ethereum 2.0 is a long-awaited Ethereum upgrade that will convert Ethereum’s consensus mechanism from proof of work to proof...
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Goldman Sachs Considers Offering Crypto Options For Institutional Holders

Multinational investment bank Goldman Sachs is now exploring the provision of bilateral crypto options, deepening its involvement with crypto derivatives trading for institutions. They will purportedly allow holders such as Bitcoin miners and hedge funds to either hedge their risks, or boost yields with customizable offerings. The Crypto Options Market The bank’s plans were reported...
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FTX Inks a Deal With Tomorrowland to Expand Web3 And NFTs in The Music Industry

FTX Europe – the European subsidiary of the US crypto exchange FTX – collaborated with the music festival Tomorrowland. As part of the agreement, the trading venue will help its partner bring its “truly unique and magical events to the digital space by supporting their Web3, NFT, and crypto-related initiatives.” ‘People of Tomorrow’ to Jump...
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Third BitMEX Founder Samuel Reed Pleads Guilty to Violating Bank Secrecy Act

Samuel Reed – one of three co-founders of the BitMEX crypto exchange – has joined his colleagues Arthur Hayes and Benjamin Delo in pleading guilty to disobeying the Bank Secrecy Act’s anti-money laundering provisions. BitMEX is based in the East African Seychelles Archipelago, north of Madagascar. Founded in 2014, it facilitates the trading of cryptocurrency...
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Crypto Proponent Yoon Suk-Yeol Is South Korea’s New President

Yoon Suk-Yeol – a member of the Conservative party – won the South Korean presidential election. The new political leader of the East Asian country has demonstrated a pro-crypto stance. Not long ago, he vowed to increase the minimum threshold for paying capital gains tax on profits from digital asset investments. South Korea to Become...
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Tron’s Justin Sun Dismisses Allegations of Insider Trading Among Others, Calling Report Fabricated Storytelling

The Verge reporter Christopher Harland-Dunaway threw more than one bomb in his latest piece on Justin Sun. The allegations are more than serious, and the claims are anything but amusing. The Exposé According to reporter Christopher Harland-Dunaway, the Tron Founder “is often trying to evade the financial regulations” of both China and the US. The...
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StormX Announces NBA Star Spencer Dinwiddie as Official Brand Partner

[PRESS RELEASE – Please Read Disclaimer] The partnership will kick off with a charitable NFT auction off Dinwiddie’s original signed contract of Brooklyn Nets in 2019. MIAMI, FL, March 8th , 2022 – StormX, the leading Crypto Cashback provider and official partner of the Portland Trail Blazers, has announced Dallas Mavericks star guard Spencer Dinwiddie...
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Thorchain(RUNE), OMG Network(OMG) Synthetix (SNX), Decouple From the Market Sentiments To Surge High!

Thorchain(RUNE)  The RUNE price maintained a consolidated trend for nearly a month. Further, it underwent a decent jump, on the very first day of March. Moreover, the price ignited a flip after trending within a notable bearish channel from the past couple of days. The price recorded a 35% jump since the early trading hours...
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Supremacy Gaming Platform Attracts Three Top Industry Advisors

[PR – Perth, Australia, 10th March, 2022, Chainwire] Ninja Syndicate announces three new crypto industry partnerships for their metaverse gaming platform as they prepare for their public utility token sale. International cryptocurrency experts Layah Heilpern, Miss Teen Crypto, and Brad Yasar have all joined the Supremacy team as advisors to the blockchain project. Alex Dunmow,...
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Satoshi-Era Bitcoin Address With $20 Million Worth of BTC Activated After 11 Years

A Satoshi-era bitcoin address holding 489 coins has been activated after over 11 years. The last time a transaction occurred at the wallet was in 2010, when the BTC in it was worth $50. HODLing Over The Years or Something Else? According to the popular crypto data analytics platform Whale Alert, the bitcoin address has...
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Kraken to Give Away Over $10 Million Worth of Bitcoin to Ukrainian Citizens

The leading cryptocurrency exchange – Kraken – will give $1,000 in bitcoin to each Ukrainian citizen who opened an account on the platform before March 10th. The initiative is designed to help those in need after Russia launched its “special military operation” in the country. Kraken’s Support to Ukrainians The list of companies, trading venues,...
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Faster and Smoother: Fiat-to-Crypto Purchases with Mercuryo

Mercuryo, a digital asset payment gateway, is now integrated with BitMEX, enabling users an even faster and more secure way to make their fiat-to-crypto purchases. It’s an integration that means 21 more Fiat currencies can now be used to buy Bitcoin and Tether (ERC-20) on BitMEX.  The new supported currencies are: AED, ARS, BRL, CHF,...
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COTI Releases 2022 Roadmap: Plans to Focus on Becoming a Robust Payments Layer One

The open-source payment infrastructure program COTI has released its roadmap for 2022 as it aims to position itself as a go-to Layer 1 for payments. In a press release shared with CryptoPotato, COTI revealed that it is building a Layer 1 with its DAG-based Trustchain. It also plans to build the necessary tools required for...
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Cega Closes $4.3M in Funding From Coinbase, Alameda to Build First Exotic DeFi Derivatives  

On March 8, Cega Finance announced that it had raised $4.3 million in a seed round led by Dragonfly Capital Partners. There was also participation from various DeFi and crypto VCs, including Pantera Capital, Coinbase Ventures, Alameda Research, and Solana Ventures. The platform, founded by former UBS derivatives trader Arisa Toyosaki, now has a valuation...
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