NFT marketplace SudoSwap said it debuted its native governance token called SUDO with an airdrop of coins to early supporters. The move comes amid a recent resurgence in NFT trading volume after a lull that was part of a broader downturn in crypto activity. SUDO Tokens to Be Airdropped to SudoSwap LPs SudoSwap announced the...Read More
A cohort of the United States Senate is questioning crypto bank Silvergate about its knowledge of the FTX fraud, after finding responses to prior questioning “evasive” and “incomplete.” The senators suspect that Silvergate may have played a role in illegally transmitting FTX user funds to Alameda Research through the trading firm’s accounts with the bank. ...Read More
Celsius abandoned its promise of transparency from its start, according to former prosecutor Shoba Pillay who was appointed as an independent examiner by United States Bankruptcy Judge Martin Glenn. In a filing, Pillay stated that the bankrupt crypto firm conducted its business in a starkly different manner than how it marketed itself to its customers in...Read More
UK’s Charity Commission announced inquiring into a charity called – Effective Ventures Foundation over its ties with FTX. According to the official press release, the charity reported its association with FTX as a serious incident because the bankrupt cryptocurrency exchange was its “significant funder.” The non-ministerial department asserted that trustees submitted an RSI and sufficiently...Read More
Strike – a Bitcoin payment company and wallet provider – has expanded its “Send Globally” feature to the Philippines, allowing locals to receive lightning-based remittances directly to their bank account. This marks the second-wave rollout for Send Globally after its initial release to Africa in December. Fixing the Remittance System In a press release published...Read More
Dogecoin, the 9th-ranked asset, has jumped more than 10% at the moment and is heading strongly towards the crucial levels at around $0.1. Interestingly, the DOGE community appears to have activated as the trading volume has jumped over 200% to reach $1.5 billion, largely dominated by the bulls. The price is currently discovering new highs...Read More
A New Hampshire district court judge has clarified that a security injunction ruled earlier in the legal battle between the United States Securities and Exchange Commission (SEC) and decentralized content-sharing and publishing platform LBRY applied only to direct sales of the project’s tokens. The ruling came during an appeal hearing on January 30, 2023, settling...Read More
After integrating cTrader in 2022, B2Broker has continued to expand, with the integration of Match Trader being the most recent. Clients will have access to a full white label solution, fiercely competitive commercials, and a ready-made B2Core integration thanks to this new integration. This is a prime example of B2Broker’s dedication to giving its clients...Read More
[PRESS RELEASE – Please Read Disclaimer] With months going by after Cloudzy first introduced Crypto payment solutions, how has it performed so far? When Cloudzy first introduced the incorporation of cryptocurrency payment gateways as part of their payment solutions, crypto skeptics and fans were both among the interested parties. These changes, which were implemented with...Read More
The Web3-oriented Venom Ventures Fund (VVF) invested $5 million in Everscale to aid its expansion efforts. The fund saw the light of day earlier last month after collaborating with the Abu Dhabi-based Iceberg Capital Limited and Venom Foundation. The ‘Strategic Investment’ According to a document seen by CryptoPotato, VVF’s financing aims to support the Web3...Read More
Cardano’s native overcollateralized stablecoin – Djed – went live on the mainnet on January 31st, more than a year after preparations, development, and a successful security audit. Djed is developed jointly by the layer 1 blockchain network, COTI, and Input-Output Global (IOG), the blockchain-engineering company behind Cardano. Currently, the stablecoin is also available on Cardano-based...Read More
Judge Lewis Kaplan in Manhattan reportedly ruled that the names of the two individuals who allowed Sam Bankman-Fried (SBF) to stay at his parents’ house under a $250 million bond should be made public. The former CEO of FTX faces several charges, including fraud and money laundering. His trial date is set for October 2,...Read More
[PRESS RELEASE – Geneva, Switzerland, 30th January 2023] TRON Academy has become the official sponsor of the Princeton Blockchain Club, the premier blockchain-focused student organization at Princeton University, whose goal is to build a vibrant and diverse network for Web3 natives on campus. TRON DAO is thrilled to be engaged with such a prestigious institution...Read More
The FTX Group’s bankruptcy proceedings have seen their fair share of surprising, if not downright hilarious, moments. A motion filed on the 30th of January continues in the spirit of prior ones, seeking to absolve FTX Leadership of all responsibility. Loan Repayment Requested Earlier this year, Voyager Digital was forced to file its own Chapter...Read More
Digital-asset products saw inflows totaling $117 million last week, according to the crypto investment firm CoinShares. This marks the largest inflow recorded since July 2022. Subsequently, the total asset under management (AuM) increased to $28 billion, recovering by 43% since the lows of November. Bitcoin-tied investment funds alone recorded $116 million in inflows last week....Read More
The world’s largest cryptocurrency exchange – Binance – joined forces with the multinational financial services giant – Mastercard – to launch a prepaid card in Brazil. The partners previously rolled out such a feature in Argentina. As reported by Reuters today (January 30), the Binance card is still in beta testing and should be available to...Read More
