manux
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2 years, 1 month ago
WOO Network Repurchases 20 Million Tokens from Three Arrows Capital, Ensures Financial Stability
Taiwan-based liquidity provider, WOO Network, has reached a significant agreement with Three Arrows Capital (3AC) liquidators, taking a crucial step towards regaining control of its financial future. 3AC filed for…
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2 years, 1 month agoBRICS Bank Launches 3-Year Plan to Abandon US Dollar and Embrace Bitcoin
The BRICS Bank, also known as the New Development Bank (NDB), has announced a three-year plan to move away from the US dollar and adopt a common currency for trade among member countries. This initiative aims to…
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2 years, 1 month agoFormer FTX CEO's Ex-Girlfriend Testifies Against Him, Revealing Alleged Misappropriation of Funds
The trial of former FTX CEO, Sam Bankman-Fried, resumed on October 10, with his ex-girlfriend and Alameda Research’s former CEO, Caroline Ellison, testifying against him. Ellison confirmed their on-and-off r…
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2 years, 1 month agoCrypto Analyst Warns of Possible Market Manipulation of XRP by Wealthy Elite and Major Bankers
A crypto analyst has issued a warning about potential market manipulation of XRP, the cryptocurrency associated with Ripple. The analyst, known as Wall Street Bulls, suggested that the wealthy elite and major…
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2 years, 1 month agoCentral Bank of Nigeria Clarifies that eNaira Does Not Threaten Financial Stability
The Central Bank of Nigeria (CBN) has addressed concerns that its central bank digital currency (CBDC), the eNaira, poses a threat to the country’s financial stability. The CBN released a press statement in r…
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2 years, 1 month agoFTX Founder Sam Bankman-Fried Wanted to Shut Down Alameda Due to FUD, Reveals Trial
Embattled FTX founder Sam Bankman-Fried reportedly wanted to shut down his other company, Alameda Research, due to the negative attention it brought to FTX. In an unpublished post shared by a former Alameda…
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2 years, 1 month agoRegulatory Landscape for Cryptocurrencies: A Global Overview
The regulatory landscape for cryptocurrencies varies across different regions. In the United States, various regulatory bodies, such as the SEC, CFTC, and OCC, are vying for jurisdiction over the sector. The SEC…
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2 years, 1 month agoRipple's IPO and XRP Reserves: A Strategic Move Set to Transform the Cryptocurrency Landscape
Linqto, a pre-IPO investment platform, is attracting a lot of attention as it hints at reopening opportunities for investors to purchase Ripple shares before its highly anticipated IPO. Ripple, known for its…
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2 years, 1 month agoSwiss Central Bank Denies Using XRP as Settlement Token for CBDC, Expert Debunks Rumors
Switzerland’s announcement at the Sibos 2023 conference about live transactions with a Central Bank Digital Currency (CBDC) has sparked a flurry of claims and counter-claims within the XRP community. A user on X (…
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2 years, 1 month agoBlackRock's Entry into Bitcoin Could Fundamentally Change the Top Crypto Asset, Warns BitMEX Co-Founder
BitMEX co-founder Arthur Hayes has expressed concerns about the potential impact of asset management giant BlackRock entering the Bitcoin space. While Hayes acknowledges the positive effect a spot Bitcoin…
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2 years, 1 month agoSBF Seeks to Introduce Anthropic Investment in Court Case as Prosecutors Oppose
SBF, a prominent company, is seeking to introduce an investment in Anthropic to a court case. However, prosecutors are attempting to block this move. The lawyers for SBF are looking to use this investment as…
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2 years, 1 month agoNorth American Securities Regulators Support SEC in Lawsuit Against Coinbase, Argue Digital Assets Should Not Receive Special Treatment
The North American Securities Administrators Association (NASAA) has argued that digital assets should not be treated as special and should be subject to securities laws, supporting the United States Securities and…
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2 years, 1 month agoImmutable Partners with Amazon Web Services to Expand Options for Game Developers
Web3 gaming platform Immutable has partnered with Amazon Web Services (AWS) to expand options for game developers. Immutable has been added to AWS’s ISV Accelerate Program, which provides software solutions that r…
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2 years, 1 month agoParliamentary Committee Urges UK Government to Protect Artists from NFT Copyright Infringement and Ban Sporting Groups' Digital Assets
A bipartisan parliamentary committee in the UK has called on the government to protect creators from copyright infringement related to nonfungible tokens (NFTs) and address potential risks associated with sporting…
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2 years, 1 month agoShiba Inu's Shibarium Reveals Future Plans for Scalability and Security
Shiba Inu’s lead developer, Shytoshi Kusama, has revealed some future plans for Shibarium, the Ethereum-based layer-2 scaling solution. The focus is on enhancing scalability, security, and overall functionality. T…
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2 years, 1 month agoLow User Retention Plagues Ethereum as Complexity and Competition Take Toll
Only 7% of users who initially engage with Ethereum continue to use the platform after a year, according to recent data from Token Terminal. This suggests that the majority of users, approximately 93%, stop using…
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2 years, 1 month agoBitfinex Parent Company Proposes $150 Million Share Buyback Amidst Regulatory Scrutiny
Hong Kong-based iFinex Inc., the parent company of cryptocurrency exchange Bitfinex, has proposed a $150 million share buyback in an effort to consolidate its private operations amidst increasing regulatory…
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2 years, 1 month agoBrazilian Congressional Committee Recommends Indictment of Binance CEO and Executives in Financial Pyramid Scheme Probe
A Brazilian congressional committee has recommended the indictment of Binance CEO Changpeng Zhao and three other executives following an investigation into financial pyramid schemes in Brazil. The committee’s 5…
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2 years, 1 month agoNorth American Securities Regulators Support SEC in Lawsuit Against Coinbase
The North American Securities Administrators Association (NASAA) has filed a brief in support of the Securities and Exchange Commission (SEC) in its lawsuit against cryptocurrency exchange Coinbase. NASAA, a…
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2 years, 1 month agoFTX Founder Faces Serious Allegations in Trial as Ex-Girlfriend Testifies
The trial of Sam Bankman-Fried, the founder of FTX, has entered its second week, with key witnesses testifying against him in court. Caroline Ellison, Bankman-Fried’s ex-girlfriend and former head of Alameda R…
