September 28, 2022

SEGA to Launch Blockchain Card Game on L2 Oasys Network

A SEGA licensed digital collectible card game, being developed and operated by Japanese blockchain game developer double jump.tokyo, is expected to be released on the Oasys HOME verse L2 network. According to the Sept. 27 announcement, the theme of the Web3 trading card game is derived from the Romance of the Three Kingdoms mythology. It...
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Stanley Druckenmiller Predicts Potential Crypto “Renaissance” if Central Bank Faith is Lost

Billionaire investor Stanley Druckenmiller said that crypto could make a comeback as citizens begin to distrust their central banks.  The hedge fund manager sees this outcome as increasingly possible given the state of the global economy, and the Fed’s uphill battle against both inflation and recession.  Recession is Coming, Says Druckenmiller During an interview at...
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Recession By 2023, Here Is How Crypto Market Might Benefit

It was in November 2021 that the world’s first cryptocurrency, Bitcoin hit an all-time high of $69,000. Since then BTC has been struggling for a bull run combating increasing interest rates by the Federal Reserve to curb the rising inflation. Amidst this increasing inflation rate, there comes a fear of recession where a few market...
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CryptoCom Secures Regulatory Approval in France

Singapore-based digital asset exchange CryptoCom has received a license from the French regulatory authorities Autorité des marchés financiers (AMF) to operate in the country as a digital asset services provider (DASP).  The approval was granted after the exchange was cleared by the Autorité de Contrôle Prudentiel et de Résolution (ACPR). The ACPR is an independent...
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Bitcoin is the Cure to Global Yield Curve Control: Arthur Hayes

BitMEX co-founder Arthur Hayes recently called Bitcoin the “cure” to yield curve control (YCC) – the process by which governments use quantitative easing to suppress rising bond yields.  The former CEO predicted that YCC will soon spread to central banks across the globe, implying the leading cryptocurrency will grow attractive in the process.  Bitcoin and...
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1xBit Announces Polygon Is Now Available for Crypto Gambling

[PRESS RELEASE – Please Read Disclaimer] 1xBit, one of the most engaging betting service providers, has recently added a new coin to its platform. We are talking about Polygon, a popular cryptocurrency network launched in 2017. MATIC, the official Polygon coin, will be available as a payment method on the website. This new partnership between...
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Bitcoin Mining Difficulty Sees First Decrease in 2 Months

On-chain data shows that Bitcoin’s mining difficulty was lowered to 31.36 trillion hashes at a block height of 756,000. Despite this, the Bitcoin ecosystem is still guarded by the most secure blockchain network. According to data from BTC.com, the Bitcoin mining difficulty adjustment decreased by approximately 2.3% on September 28th. The latest decline comes two weeks...
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The Next Bitcoin (BTC) Bull Run Will Be Much Different From Historical Rallies – Mike Novogratz!

The two biggest cryptocurrencies, Bitcoin and Ethereum, both fell by almost 8%, wiping out any gains made earlier in the week. The BTC price was able to climb above the $20,000 resistance level thanks to the bulls. Near the $20,500 region, the price encountered a significant rejection and is now trading below $20,000.  Overall, below...
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Do Kwon Refutes 3,313 BTC Transfer Allegations, Terra Whistleblower Backs Founder

The Luna Foundation Guard (LFG) denied moving bitcoins after a trail of coin movement led South Korean authorities to initiate steps to freeze assets. Kwon also denied these claims moving Bitcoin from LFG wallets to KuCoin and OKX. While addressing “misinformation” against him, the founder added that he hasn’t used the two crypto exchanges for...
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Cardano’s Vasil Hard Fork: Which Exchanges Are Ready?

Cardano’s long-awaited Vasil upgrade finally went live on September 22 after several delays and technical setbacks. This was the biggest upgrade since the Alonzo hard fork last year and is touted as a turning point for the Cardano network. It is designed to enhance Cardano’s scalability and general transaction throughput capacity in addition to boosting...
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Bancor Proposes Burning of 1 Million BNT as a Trial to Boost Price

A native community of prominent DeFi protocol Bancor presented a proposal that seeks to trigger a burn of 1 million BNT once collected by the Bancor Vortex in the v3 vault. The aim is to help the protocol burn BNT as a trial to determine its impact on the token. “DAO members have cited the...
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Kitsumon Launches NFT Land Sale in Partnership With Top NFT and Gaming Platforms

[PRESS RELEASE – London, United Kingdom, 27th September 2022] After a successful IDO and INO, Kitsumon is pleased to announce details of the highly anticipated NFT land sale in partnership with top gaming and NFT platforms, including: Babylons BalthazarDAO DareNFT ScottyBeam FantomStarter DAOLauncher Liquidifty GameStation Synapse Network Land in the Kitsumon metaverse is a key...
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Russia to Launch CBDC Soon, Focusing on Mutual Settlements With China: Report

Russia is on course to launch its CBDC early next year and use the new currency in mutual settlements with China that has already tested its digital Yuan, a senior Russian lawmaker said in an interview. The move aims at reducing the US hegemony over the global financial system, media reports said.  Russian CBDC to Take on...
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China Cracks Down a $5.6 Billion Crypto Money-Laundering Scheme (Report)

Law enforcement agents from Hengyang (a city in the southern Chinese province Hunan) have reportedly busted a criminal group that employed cryptocurrencies to launder 40 billion yuan (approximately $5.6 billion). Over the past several months, China’s authorities halted numerous similar schemes, arresting thousands of people. The ‘Hundred-day Action’ According to a local coverage, the Chinese...
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Binance Launches Training Program For Law Enforcement Agencies

For several years now, Binance has played an important role as the big brother of the crypto industry by assisting in the recovery of funds from users who have been victims of theft, scams, or hacks. But now, they are aiming higher with an e-crime training program. On September 27, Binance announced the official launch...
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Postmortem: Downtime, 21 September 2022

On 21 September, we encountered an issue with our platform infrastructure that caused connectivity problems within our systems.  As regularly communicated during the downtime via our Status Page and social media channels, all of our users’ funds remained safe at all times.  Following a comprehensive review of what happened, we wanted to provide to our...
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Bitcoin (BTC) $ 97,959.25 4.54%
Ethereum (ETH) $ 3,145.16 1.14%
Tether (USDT) $ 1.00 0.20%
Solana (SOL) $ 241.19 1.32%
BNB (BNB) $ 609.14 0.90%
XRP (XRP) $ 1.11 1.57%
Dogecoin (DOGE) $ 0.382562 2.04%
USDC (USDC) $ 0.999889 0.14%
Lido Staked Ether (STETH) $ 3,147.87 1.35%
Cardano (ADA) $ 0.787312 5.07%