In a recent development, Terraform Labs, a defunct crypto network, has accused Citadel Securities of intentionally destabilizing its stablecoin, TerraUSD classic (USTC), leading to its downfall in 2022. Terraform Labs has filed a document in a US District Court, requesting Citadel Securities to produce documents related to its trading activities during the time when USTC […]
Oh, what a heartwarming tale of morality and virtue we have here. Gather ’round, folks, as we dive into the heartwarming saga of FTX stock exchange and its founder, the beacon of ethical excellence, Sam Bankman-Fried.In the grand city of New York, Caroline Ellison has come to testify about the bankruptcy of FTX. Shocking revelations […]
Linklogis, a supply chain finance technology company based in the Greater Bay Area in China, has been recognized for its achievements in the industry. Established in Shenzhen in 2016, the company has expanded its operations internationally and has recently entered the Vietnamese market through a joint venture with Standard Chartered. In 2019, Linklogis launched the […]
The Open Network (TON) Foundation has partnered with Elliptic, a blockchain analysis firm, to enhance the security and data intelligence of the TON network. Elliptic will screen TON wallet addresses to identify any associated with bad actors, ensuring the protection of TON users and projects. Additionally, Elliptic will assist in promoting Toncoin and getting it […]
Binance.US, the US arm of cryptocurrency exchange Binance, is introducing a new procedure to provide traders with advance notice when considering adding support for a new token. This move aims to enhance transparency in the listing process. The first token being evaluated under this new process is SUI, the native token of the Sui Network, […]
BitPay, a crypto payment gateway, has partnered with AMC to allow crypto owners to purchase tickets to the Taylor Swift Eras Tour Movie using cryptocurrencies such as Bitcoin, Dogecoin, and Shiba Inu. This move highlights the increasing use of cryptocurrencies across various sectors of the economy. AMC became the first theater chain in the US […]
FTX estate, a prominent player in the cryptocurrency market, has shown bullishness towards Solana’s native token, SOL. On October 13, FTX staked over 5.5 million SOL coins, worth $122 million, through Figment, a staking validator firm. This move was detected by blockchain tracker Whale Alert and confirmed by on-chain researcher Ashpool. Staking involves locking up […]
Luxury sports car manufacturer Ferrari has announced that it will now accept cryptocurrency payments for its vehicles in the U.S., with plans to expand the service to Europe. This move comes in response to demand from wealthy clients and follows the hesitation of other prominent companies to accept cryptocurrency due to its volatility and regulatory […]
Ferrari, the renowned luxury car manufacturer, has announced its decision to accept cryptocurrency payments for its high-end vehicles in the United States. This move comes in response to increasing customer demand and the growing popularity of digital currency investments. Ferrari’s chief marketing and commercial officer, Enrico Galliera, confirmed that the company will initially accept crypto […]
Ferrari, the renowned luxury car manufacturer, has announced its decision to accept cryptocurrency payments for its high-end vehicles in the United States. This move comes in response to increasing customer demand and the growing popularity of digital currency investments. Ferrari’s chief marketing and commercial officer, Enrico Galliera, confirmed that the company will initially accept crypto […]
