FTX Fall: SEC and CFTC Moves To Investigate Customer Asset Management

Few days ago, the global cryptocurrency/web3 space was shocked by an announcement from Binance exchange to acquire a rival exchange, FTX. Although Binance is one of the biggest crypto exchanges in the world, acquiring/merging with FTX was an unexpected dream. During the past few months, Binance and FTX have acquired/merged with different struggling companies in … Read more

BIT Gets Dumped As Alameda Moves To Sell-Off holdings

One of the world’s largest DAOs (Decentralized Autonomous Organizations), Bybit group, has recorded a massive dumping of its token in three hours. Crypto community users dumped BITDAO following a sell-off move made by one of its largest holders, Almeda Research. Almeda Research Breaches Agreement With BITBY During the early hours of today, Bybit CEO Ben … Read more

Mica Regulation; A Safe Space For Crypto Exchanges

Following the passing of the proposed MiCA by the EU in October, a top Binance official has assured that the proposed bill favors crypto exchanges in the region. This announcement has continued to generate positive reactions from crypto users and entities. MiCA Regulation, A Safe Space for Web3/Crypto Companies The EU has been in talks … Read more

SEC Charges Crypto Ponzi Company’s CEO and His 3 Advocators for $295 Million Fraud

The United States (US) Securities and Exchange Commission (SEC) has arrested the Trade Coin Club CEO together with his three advocates. They have been prosecuted for allegedly defrauding their clients of Bitcoin (BTC), worth approximately $300 million. They executed such fraudulent activity through a crypto Ponzi project called Trade Coin Club. SEC asserted on Friday, … Read more

European Union Adjourns Legislative Regulation on MICA till February

The Markets in Crypto Assets (MICA) legislation authorization scheme has been halted by European Union lawmakers. The glaring flaws in the loquacious script could be the reason for the adjournment. The authorization could have legalized crypto markets companies in the member states of the European Union (EU). EU statesmen halted the MICA voting process and … Read more

BIS and Eurosystem Incorporate DeFi Implementation In FX CBDC Markets

In their Scrutinization of blockchain technology, Bank of International Settlement(BIS) and Euro system have formed a collaboration. They divulged a new project tagged “Project Mariana.” Euro system consists of the Apex banks of Singapore, France, and Switzerland. The Bank for International Settlements (BIS) initiated collaboration with Euro system on June 20, 2021. An Overview of … Read more

Game of Throne NFTs Set to be Launched – Warner Brothers

One of the famous American media outlets would be publishing its Non-fungible Token (NFT) collection. The collectible will be unveiled as Game of Thrones NFT, and Warner Brothers will manage it. The firm partnered with Daz 3D hub to achieve unique designs and proper launching. The Game of Thrones NFT (GOT) initiators have collaborated with … Read more

Singapore Apex Financial Institution Adopts DeFi for FX And Government Securities Trading

One of the central Asian financial firms and the apex institution in Singapore is DBS bank. The institution has incorporated decentralized finance (DeFi) technology for trading all foreign exchange (FX). Some government-owned securities will also be included in the trade using DeFi as a tool.  DBS bank had the support of the Monetary Authority of … Read more

Binance CEO Revealed His Intention To Promote Twitter’s Entry Into Web3

The founder and CEO of Binance, Changpeng Zhao (CZ), have revealed his willingness to help Twitter (TWTR). He advised Twitter’s new CEO to bring the social media platform into the world of Web3. Twitter will experience massive profit and growth if the platform embraces crypto. Binance is one of the biggest crypto exchanges globally, and … Read more

Google Releases a Cloud Node Engine for Ethereum Programmers

Google would launch a cloud-based Node search engine for ETH developers, the company announced. It will be officially called Blockchain Node Engine, and it will offer fully managed services. Users will not be permitted to recruit their teams to evaluate or regulate their nodes. Properties of Google Cloud Node Engine Google uniquely designed the cloud … Read more

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