Hodlnaut, a crypto lending platform that went under due to crypto winter, has been under judicial management since August 2022. This decision shielded the firm from lawsuits that it would have had to deal with in return for far greater scrutiny from regulators. Terraform Labs Exposure Was The Main Culprit According to Hodlnaut’s leadership –...Read More
The digital copy of Satoshi Nakamoto’s Bitcoin whitepaper was an Easter egg that was located earlier this month embedded within a test scanner app on macOS. But Apple has now removed it from the latest beta version of its operating system. With the removal of the test scanner app called Virtual Scanner II from the...Read More
With only a few hours remaining before the final outcome of Ripple’s (XRP) legal battle with the U.S. Securities and Exchange Commission (SEC), the crypto community is buzzing with excitement about how the XRP token will perform in the aftermath. However, the community weighs in on a massive skyrocketing price trend for XRP as Ripple...Read More
Ethereum-based decentralized exchange (DEX) Merlin, which uses zero-knowledge sync (zkSync), has lost more than $1.8 million in a liquidity pool exploit hours after smart contract security firm CertiK audited its code. The hack occurred on Wednesday morning during the public sale of Merlin’s native token, MAGE, with the attacker siphoning several assets, including USD Coin...Read More
The Securities Commission of the Bahamas reportedly plans to strengthen the domestic cryptocurrency regulatory framework after the collapse of FTX, which was based in the island nation. One such amendment will be the prohibition of algorithmic stablecoins and privacy tokens. The Bahamas was also where Sam Bankman-Fried (SBF) – the former CEO of FTX –...Read More
In a defiant move, Bittrex Global, one of the leading cryptocurrency exchanges, has confirmed that it will fight against the lawsuit filed by the United States Securities and Exchange Commission (SEC). The company maintains that it has not served US customers, thus questioning the basis of the SEC’s legal action. The SEC Mistakenly Charged Bittrex!...Read More
Austrian cooperative banking company – Raiffeisenlandesbank Niederösterreich-Wien (RLB NÖ-Wien) – has partnered with Bitpanda to roll out crypto investment services through the latter’s software as a service (SaaS) offering. With this collaboration, RLB NÖ-Wien has become the first major traditional bank in the European Union to move into digital assets. The Partnership Alongside crypto investment,...Read More
[PRESS RELEASE – Please Read Disclaimer] MyEListing integrates with Coinbase Commerce to create ASAP Program Austin, TX – MyEListing.com, a free commercial real estate listings and data platform, has partnered with Millennial Title, and Championship Title to create a marketplace where anyone in the world can buy and sell US residential & commercial real estate...Read More
The leading retail-facing self-custody cryptocurrency wallet on Solana, Phantom Wallet, revealed that it will now support Ethereum and Polygon for all browsers, Android, and iOS users. According to the press release shared with CryptoPotato, the solution is aimed at offering a more convenient way for users to manage their assets across various networks. The wallet provides users...Read More
Amazon Web Services (AWS) – a cloud computing platform provided by the retail giant – collaborated with the Web3 startup that focuses on DeFi and blockchain games – Cronos Labs. CRO – the native token of the ecosystem – climbed by 13% shortly after the announcement. A Breath of Fresh Air for CRO AWS disclosed...Read More
First Republic Bank stock (FRC) lost half its value on Tuesday, April 25, following a disappointing quarterly earnings report. The embattled bank was the worst performer on the S&P 500 for the day as investors dumped its shares. Since the beginning of the year, First Republic stock has dumped 93%. The bank has become the...Read More
[PRESS RELEASE – Dubai, United Arab Emirates, April 25th, 2023] The team at Unizen, operating the Web3 ecosystem found at zcx.com, is pleased to announce a strategic partnership with the team at THORChain. Specifically, Unizen has integrated the THORChain settlement layer to enable swaps between ETH (Ethereum) and AVAX (Avalanche C-chain) to BTC (Bitcoin) and...Read More
Despite intensive scrutiny by US regulators, FTX continues to receive offers from companies that could help it bounce back from bankruptcy – or at least pay its creditors. On April 25, the former crypto giant announced the closure of a deal with a subsidiary of Miami International Holdings (MIAX Technologies), a US company operating global...Read More
Binance.US has stopped a deal that would have allowed it to purchase assets of the bankrupt cryptocurrency lender, Voyager. The termination marks the second time a deal to acquire Voyager’s assets has failed to reach completion. The $1B Deal Falls Through Voyager revealed that Binance.US served the struggling crypto lender a letter on April 25,...Read More
The Web3 wallet is a powerful tool that allows you to conveniently store and manage digital assets with a high level of security. Hawex, an international fintech startup, confirms with its practical experience that Web3 Wallet has already become a multifunctional solution for investors, traders and people interested in new technologies. Especially in the world...Read More
Spain’s authorities reportedly busted a criminal organization that orchestrated a massive cryptocurrency scam. The wrongdoers embezzled more than €100 million ($110 million) from over 3,000 people across the globe. The Guardia Civil arrested a suspect in Mallorca considered a gang member. Operation ‘Mandoa’ Turned Successful A local media outlet informed that the Guardia Civil (the...Read More
