Day: 13 December 2022

Binance Holdings Ltd., the world's largest cryptocurrency exchange, has seen an increase in asset withdrawals as traders seek to retain control of their tokens following rumors that rival FTX may have stolen customer funds before shutting down in November.  According to data from research firm Nansen, as of 9:20 a.m. ...

It's no secret that the crypto industry is rapidly expanding. Despite the ongoing bear market that has lasted for a major part of the year, there has been an increase in the number of people interested in investing in promising crypto projects.  The reason for this is not far-fetched; cryptocurrencies ...

Goracle has announced the launch of its price oracle beacon chain on Algorand. The launch is slated for December 2022. Goracle has been working on the product for a year and is now prepared to make it available to the general public.  The community price oracle beacon is the first ...

The Bahamas government officials worked closely with Sam Bankman-Fried before he was barred from FTX systems. FTX's attorneys claim the Bahamas authorities tasked SBF with creating new digital tokens worth hundreds of millions of dollars and delivering them to the island's authorities. Before the founder of the failed cryptocurrency exchange ...

Thailand has joined the list of countries attempting to reform their cryptocurrency laws in the aftermath of the FTX scandal.  Thailand's Securities and Exchange Commission (SEC) intends to impose stricter regulations on digital assets similar to those in the global market to further protect investors. According to the report, this ...

United States Judge William Orrick has ordered the Commodity Futures Trading Commission (CFTC) to serve its Ooki DAO lawsuit on Tom Bean and Kyle Kistner, the two original founders of the decentralized trading platform bZeroX protocol, which rebranded to Ooki DAO. Separate allegations were brought against Ooki DAO token holders, ...

Nvidia, a leading technology company, specializing in AI and graphics, predicts that 2023 will be a pivotal year for the integration of the metaverse into the operations of automotive companies. The company sees two key ways in which this integration will take place.  The implementation of metaverse tools will enable ...

Yesterday was particularly eventful in the cryptocurrency world, with the market showing signs of recovery. At press time, the total crypto market capitalization sits at around $880 billion, with Bitcoin (BTC) topping the $17,000 mark again. It appears that the Bitcoin bulls are committed to defending the $17,000 threshold, preventing ...

A year or two ago, the Web3 industry appeared to be nothing more than a media frenzy; this has since changed.   Web3 is the third wave of the internet. It represents the next generation of technologies that will change lives and a new way of thinking about the internet as ...

Crypto platforms seeking registration in Canada will face stricter rules and regulations, according to an announcement by the Canadian Securities Administrators (CSA) on Monday.  Under the expanded terms, crypto platforms operating in Canada will be prohibited from offering margin and leverage trading to their clients. In addition, these platforms will ...