Dmitry Medvedev – a Russian politician who served as President of the country between 2008 and 2012 – thinks 2023 could see the crash of the International Monetary Fund (IMF) and the World Bank. He suggested that such an event could reduce the power of the euro and the dollar and boost the usage of...Read More
[PRESS RELEASE – Road Town, BVI, 27th December 2022] Santa Browser has announced the Version 1 launch of its web3 browser today. Built for an emerging crypto world, the browser claims to bring in the next generation of web3 users by developing tools that allow anyone to leverage the power of blockchain technologies. Due to...Read More
While most crypto-assets struggled to keep their price upwards due to the crypto winter, Litecoin appeared to have been decoupling from its peers, which aided its trajectory. In fact, it has been posting gains over the past month. Despite a promising attempt at a comeback, the developer activity on the network was lagging. Data from...Read More
Bitcoin mining giant Argo Blockchain has requested trading of its shares and unsecured notes on the NASDAQ stock exchange be suspended until December 28th. The company, which trades on both the NASDAQ and the London Stock Exchange (LSE), said that it wants to make an announcement before resuming its trade on Wednesday. The latest development...Read More
The United States Department of Justice has reportedly launched a criminal probe into the hack that saw almost $400 million drained from FTX. According to a report by Bloomberg, which cites people familiar with the matter, the United States Department of Justice is launching a criminal probe into the $400M FTX hack. The report outlines...Read More
Octopus Network – a multichain crypto network supporting Web3 applications – will lay off 40% of its staff members to ensure its survival amidst the ongoing crypto winter. The adverse macroeconomic factors have taken their toll on numerous other industry leaders who took similar action over the past several months. Some examples are Coinbase, CryptoCom,...Read More
New data suggest that the ecosystem is seeing record network activity. In the last two months, both layers – 1 and 2 – have collectively processed 152 million transactions. However, it is the layer two solutions such as Arbitrum, Optimism, and others that accounted for 58%. On the other hand, Ethereum mainnet transactions were observed...Read More
Decentralized finance protocol Defrost Finance has recovered funds from the hacker involved in the V1 flash loan exploit. In the latest blog post, Defrost said that it will soon start scanning the on-chain data to return the funds to their rightful owners. However, the platform said that it could take some time to distribute since...Read More
As cryptocurrency technology continues to advance and more people are looking for ways to diversify their investments, many investors have taken notice of the presale of Oryen Network (ORY). ORY is a staking platform that aims to simplify the complex staking process and make it accessible to everyone. It recently released the beta of its...Read More
On Dec. 27, licensed trademark attorney Mike Kondoudis revealed the latest crypto trademark applications from Fidelity Investments. There were three applications filed broadly covering Metaverse technologies and services, NFTs and marketplaces, virtual land, and cryptocurrency trading. The first relates to digital media and NFTs, and the second is the provision for an online marketplace for...Read More
Andre Cronje took to Medium to outline plans for Fantom’s development in the next quarters. As the next step in a successful career at Yearn.finance and other ecosystems, Andre Cronje has stepped up as a board member of both Fantom Operations Ltd and Fantom Foundation Ltd. Bear Markets Are Not An Issue The move was...Read More
Cryptocurrency has gained a lot of attention in recent years, and India is no exception. Despite some initial skepticism and regulatory hurdles, the use of cryptocurrency is growing in popularity in India. Below is a deeper look at the current state of cryptocurrency in India: The regulatory environment In 2018, the Reserve Bank of India...Read More
Japan became one of the first big countries to establish a legal framework for stablecoins in June. Six months later, it is taking yet another crucial step to tweak the existing ban as the Financial Services Agency (FSA) is looking to lift the ban on foreign-issued stablecoins. It is still unclear which tokens will be...Read More
