The Russian government doesn’t want to enable Bitcoin for regular Russian people but exclusively for foreign trade entities. The Russian central bank is ready to consider allowing cryptocurrency use within the country but only as part of a legal experiment, governor Elvira Nabiullina said. “It’s possible to consider transactions through an authorized organization in the...Continue Reading
From creating e-sports competitions with huge prize pools to making game tokens more relevant to holders, members of the community share their thoughts on GameFi. As the GameFi space continues its journey to attract gamers to a new gaming paradigm, community members shared their takes on what they think a mature GameFi project needs to...Continue Reading
The firms work with prominent crypto exchanges such as Binance, KuCoin, Crypto.com, Gate.io, OKX and FTX. As the FTX collapse highlighted the need for more transparency from centralized crypto exchanges, working with auditors has been the move by top crypto trading platforms to assure users that their assets are fine. However, two of the most...Continue Reading
While the delisting didn’t concern many due to its inactivity, others questioned the focus on price for delisting as it may prompt projects to artificially pump the price. A decentralized social network project called Mithril (MITH) was recently delisted from Binance and in return, the crypto project asked for the 200,000 Binance Coin (BNB) it...Continue Reading
Mazars Group, known for its proof-of-reserve audit services for crypto companies, reportedly removed the audits from its site. Crypto exchange Binance has seen its proof-of-reserve audits removed from auditor Mazars’ website. Mazars’ official website shows they fully discontinued Mazars Veritas, a section dedicated to cryptocurrency exchange audits. The tool was developed by Mazars in order...Continue Reading
A tournament to find and support new Bitcoin companies could be a way of attracting developers from Web3 ecosystems to crossover to Bitcoin. Bear markets are for building Bitcoin (BTC) companies. At least, that’s what the Legends of Lightning, a nine-week contest for competing Bitcoin businesses, would indicate. The tournament-come-hackathon ran more than 65 events...Continue Reading
The new funding from Fenbushi aims to help Amber address some of the “significant drawdowns” as an aftermath of the FTX default. Amber has completed a new $300 million Series C funding round, led by blockchain-focused venture capital company Fenbushi Capital US, the firm announced on Twitter on Dec. 15. The new funding round comes...Continue Reading
In Huobi’s most recent industry report, dissects the most discussed crypto-related terms, countries with high levels of activity in the industry, regulations and more. Over the last year the crypto, and greater Web3 industry has seen a rollercoaster of loss, growth and innovation – and the data shows. In the latest industry report from cryptocurrency...Continue Reading
The suit is looking to hold Silvergate accountable for its alleged roles in transferring FTX user deposits to Alameda bank accounts. A class-action lawsuit against Silvergate Bank, Silvergate Capital Corporation and Silvergate CEO Alan Lane was filed at the California Southern District Court concerning accounts held by embattled crypto companies FTX and Alameda Research. The...Continue Reading
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