Yuga Labs – the American company that created the popular NFT collection Bored Ape Yacht Club (BAYC) – faces a possible class action lawsuit. A group of individual investors claimed that the firm inappropriately advertised its tokens and thus deceived people into buying them. Yuga Labs and its Unhappy Investors Yuga Labs seems to be...Read More
While many top-tier crypto exchanges have given up on India given the regulatory uncertainty and bear market, KuCoin CEO Johnny Lyu is bullish on the local market for the long run. In a recent interview, he talked about “a welcoming market” and the availability of “expertise” as the two key reasons for his optimism for...Read More
Thailand’s Securities and Exchange Commission (SEC) is concerned that some Zipmex users may have lost funds after the exchange briefly halted withdrawals and other services last week due to extreme market conditions. Thai SEC Launches Online Forum for Zipmex Users The regulator announced on Monday that it is collaborating with law enforcement to collect data...Read More
Since May, 2022, after Terra (LUNA) collapse, the crypto market is not in that good condition with an increase in negative news around the space. Even now, the overall crypto market sentiment is not positive with the increased price volatility along with declining interest in terms of Crypto derivatives. As per the report, in the...Read More
Web 3 startup Aptos has secured $150 million in funding led by FTX Ventures and Jump Crypto. The company will deploy its new capital towards elevating the “usability and socialization” of the decentralized web. FTX Extends its Reach As detailed in a blog post from Aptos on Monday, the funding round included support from multiple...Read More
Elon Musk’s car manufacturer Tesla recorded a $170 million impairment charge for Bitcoin on its balance sheet during the first half of 2022. It also netted $64 million in gains from certain sales of the asset. The information comes attached to a 10-Q SEC filing from Monday. Tesla explained that it may make “no upward...Read More
Tl;dr: Search engine phishing exploits the trust we have in search engines and the convenience of searching for something rather than remembering the domain. The following piece outlines what search engine phishing attacks may look like and how Coinbase users can avoid them. By Coinbase Security Team How do you log in to Coinbase? If...Read More
[PRESS RELEASE – Majuro, Marshall Islands, 25th July 2022] Gate.io, one of the leading global cryptocurrency exchanges, recently announced an update to its VIP and Market Maker tiered rebate scheme. Market makers can now enjoy maker rates as low as -0.012% in the MM tiers and a 0% Maker fee in VIP tier levels 10...Read More
[PRESS RELEASE – Zug, Switzerland, 22nd July 2022] Accredited Finance, the cost-effective Web 3 solution for digital asset management, is accepting new sign-ups for its uniquely tailored TradFi-to-DeFi digital asset custodian as a way to expand its platform during its ecosystem token launch. The ethos of the Accredited “wallet” is simple: to unlock defi for...Read More
Cryptocurrency exchange Bitfinex and stablecoin issuer Tether have collaborated with Hypercore and have collectively created a new platform called Holepunch and launched a fully encrypted peer-to-peer (P2P) video calling application – Keet. Factoring in Privacy According to the official press release shared with CryptoPotato, Keet will facilitate real-time audio/video calls, text chat, and file sharing....Read More
FTX chief Sam Bankman-Fried has lashed out at the troubled crypto lender after its lawyers rejected the buyout offer. He said Voyager still has 75% of its assets and questioned why hasn’t the company returned any of the funds to its clients yet. He also went on to speculate that the lawyers may want to...Read More
Oil is very quickly earning the crown as the most important geopolitical asset. The energy sector as a whole has been soaring, and investors are scrambling for a piece of the action. Although oil prices just recently saw a strong pullback, triple-digit oil is likely here to stay, and it is causing pain at the...Read More
Crypto Investments are still a fantasy and are reaching sky-high levels every passing day. According to a report by Bitget, Foresight Ventures, and Boston Consulting, it is foreseen that if such an investment pattern continues, the overall users of Coinbase will reach 1 billion by 2030. My guess is that in 10-20 years, we’ll see...Read More
The Thailand-based cryptocurrency trading venue – Zipmex – might solve its issues with the help of a future partner. The exchange, which halted withdrawals last week, has discussed its situation with “various interested parties,” and some could offer a rescue plan. A few days ago, one of the leading crypto exchanges in Southeast Asia –...Read More
After an exuberant risk-on rise in Bitcoin’s price Tuesday, a retracement since Wednesday wiped out most of the gains. Traders blame Tesla’s Q2 earnings report. Bitcoin prices hovered around the $20K level since mid-June. Markets are watching closely to see what bitcoin whales will do next. Tesla reported dumping 75% of its bitcoin Wednesday. As...Read More
Leading crypto exchange, CryptoCom, has announced receiving regulatory approval from the Cyprus Securities and Exchange Commission (CySEC) to further its European expansion. Europe: a Priority Region for CryptoCom According to the official press release, CryptoCom will now be able to offer a range of products and services to customers in the island country while complying...Read More
