Day: 9 November 2022

Prosecutors in South Korea claim to have more evidence of Do Kwon, Terra's co-founder, manipulating token prices. According to the local KBS newspaper, Kwon once instructed a worker to tamper with LUNA's price in the months preceding the project's failure. According to the authorities, the evidence came from a "messenger ...

Industry insiders reacted quickly to Tuesday's announcement of a proposed merger between FTX and Binance, two of the world's largest cryptocurrency exchanges.  Changpeng Zhao, the co-founder and CEO of Binance, tweeted that the exchange had signed a letter of intent to fully acquire FTX.  The news comes after CoinDesk reported ...

Bitcoin fell to an all-year low of US$17,603 in Asia on Tuesday morning as investors were shocked by Binance's takeover of the FTX exchange amid speculation of capital and liquidity problems at FTX, one of the world's most prominent cryptocurrency exchanges.  Ether (ETH) was part of a more significant sell-off ...

PetaRush is the world's first multi-IP blockchain game, and it worked flawlessly from the get-go. The game's NFTs were made available for public purchase on Gate.io on November 5, 2022, and the initial batch of 700 NFTs sold out in three days.  Prior to the public sale of the NFTs, ...

Bebop, a decentralized exchange, launched on Polygon on November 8, 2022. The launch was announced via its Twitter handle @Bebop. Bebop aims to make cryptocurrency trading easy for users without the intervention of a third party. "Imagine the future where you are able to convert any digital asset you own ...

Neon EVM, the first Ethereum EVM on Solana, is set to launch on December 12, 2022. Marina Guryeva, CEO and co-founder of Neon Labs, announced the news at Solana's Breakpoint event. She acknowledged the team's dedication and commitment behind the scenes in making Neon EVM a reality. ????1/ Mission Accomplished!???? ...

Sam Bankman-Fried, CEO of FTX, has lost 93% of his net worth and is no longer considered a billionaire. His net worth was said to have dropped from $16 billion to $991 million in a single day. This is due to the recent decline in the value of FTT, FTX's ...

In a recent consultative report, Russia's chief financial regulator stated that the country now has a stable regulatory environment that is conducive to the development of a legitimate market for digital assets. However, it may introduce more specific regulations for the taxation of utility tokens and digital securities.  According to ...

Prontoblock, a blockchain and Web3 company, is partnering with Epic ESG, an eco-powered innovation company, to use smart contacts in the form of NFTs. Tokens will be introduced to support the structure of on-chain green bonds for large-scale projects.   The United States faces green energy concerns that are addressed by ...

Oort, a Web3 data infrastructure formerly known as Computecoin, is launching its edge network, the Oort Decentralized Edge Network (DEN), to significantly increase the scalability of Web3 infrastructure and pave the way for widespread deployment of Web3 dApps. With Oort DEN, developers will be able to efficiently build applications on ...