Author: Chris Smith
Hackers Steal $5M from Exchange ZB.com
Reading Time: < 1 minuteAlmost $5 million in cryptocurrencies has been stolen from crypto exchange ZB.com by hackers.
Frax Finance Team Proposes Abandoning PoW ETH Forks
Reading Time: < 1 minuteThe algorithmic stablecoin FRAX will not be launched in potential Proof-of-Work (PoW) forks of the Ethereum blockchain.
XT.com Lists Fanverse (FT) with USDT Trading Pair
Reading Time: 2 minutesXT.com, the world’s first social-infused digital assets trading platform, is excited to announce it will soon list Fanverse (FT) token with USDT trading pair on its platform.
Softbank and DST Global Support MarqVision’s $20M Funding Round
Reading Time: < 1 minuteIP-focused startup MarqVision ha recently completed a $20M Series A funding round.
Expert Believes Ethereum Price Will Consolidate Thanks to The Merge Update
Reading Time: < 1 minuteThe price of Ethereum could enter a consolidation phase after a sharp increase in July amid expectations of a migration to the Proof-of-Stake consensus algorithm.
Arcane Research: Bitcoin Price Will Hit $27,000
Reading Time: < 1 minuteIf Bitcoin holds the $20,700 level, the price will soon be in the $27,000-$28,000 range.
Crypto Lending Platform Vauld Gets Temporary Protection from Creditors
Reading Time: < 1 minuteThe High Court of Singapore has granted crypto lending platform Vauld a moratorium on proceedings until November 7.
Music Band Muse Intends to Launch a New NFT Album
Reading Time: < 1 minuteBritish rock band Muse’s ninth album, dubbed Will of the People, will be released in a limited edition NFT format powered by Polygon.
CoinFLEX Reduces its Staff by 60% to Optimize Company’s Costs
Reading Time: < 1 minuteCrypto derivatives platform CoinFLEX has recently announced it is laying off a “significant number” of employees from various departments around the world.
Cryptocurrency Venture Startup Variant Attracts $450M
Reading Time: < 1 minuteVenture firm Variant has raised $450 million in two new funds focused on the Web3 and decentralized finance sectors.
Social Initiative-focused Blockchain Firm Topl Attracts $15 Million
Reading Time: < 1 minuteBlockchain-based solution for tracking and monetizing social performance initiatives Topl has recently raised $15M in a Series A funding round.
Pocket DAO Passes Two Key Proposals on Node Incentives
Reading Time: 2 minutesPocket Network is implementing key protocol changes after its community DAO voters rallied to boost network efficiency and bring costs down.
US Authorities Have Been Investigating Kraken Over Sanctions Violations Since 2019
Reading Time: < 1 minuteThe Office of Foreign Assets Control of the US Department of the Treasury may fine US-based crypto exchange Kraken for violating the sanctions regime.
Root Protocol Raises $9M
Reading Time: < 1 minuteRoot Protocol, a marketplace project for financial markets, forecasting and trading, has raised $9 million during the seed round.
Metaverse Project Genso Closed Beta Test Date and Details Released
Reading Time: 2 minutesMetaverse Project Genso is thrilled to announce the details regarding the Closed Beta Test.
Central Bank of Philippines is Against Crypto Ban
Reading Time: < 1 minuteThe governor of the Central Bank of the Philippines (BSP) has said the regulator has no plans to ban digital assets.
Jump Crypto and FTX Ventures Invest in Aptos’ $150M Funding Round
Reading Time: < 1 minuteThe Aptos team has recently completed a $150M Series A funding round led by FTX Ventures and Jump Crypto.
Crypto Exchange FTX May Buy Bithumb
Reading Time: < 1 minuteCryptocurrency exchange FTX is reportedly negotiating to acquire South Korean platform Bithumb.
US Will Not Extradite Alexander Vinnik from France
Reading Time: < 1 minuteThe US authorities have recently withdrawn the request for the extradition of Russian citizen Alexander Vinnik from France.
The Police Raids Terraform Labs Co-founder House
Reading Time: < 1 minuteOfficials from the Seoul Southern District Prosecutor’s Office have raided the home of the Terraform Labs co-founder.
US Congressman Accuses Securities and Exchange Commission of Unethical Attitude to Crypto Industry
Reading Time: < 1 minuteAccording to member of the House of Representatives Tom Emmer, the US Securities and Exchange Commission (SEC) interferes with the regulation of the cryptocurrency industry.
US Justice Department Seizes $500K from Ransomware Operators Linked to North Korea
Reading Time: < 1 minuteThe US Justice Department has confiscated about $500,000 that had been paid to ransomware operators linked to North Korea.
Befaster Fit Announces App to Launch on 14th August 2022
Reading Time: 3 minutesBFHT, commonly known as the BeFaster Holder Token, is a newly established crypto platform in the industry.
Public Crypto Mining Companies Sold a Quarter of Their BTC Reserves in June
Reading Time: < 1 minutePublic crypto mining companies sold around 14,600 BTC in June.
US Senator Elizabeth Warren Calls for Tighter Regulation of Cryptos
Reading Time: < 1 minuteElizabeth Warren has said that the Congress and the SEC should take a tougher stance on the cryptocurrency industry.
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