0xfanfaron has vouched to personally compensate the firm’s treasury for all trading losses. According to a recent blog post, 0xfanfaron, CEO of nonfungible tokens (NFTs) gaming project Ragnarok, apologized publicly for his missteps in leading the company. Ragnarok is a crypto startup that brought in $15.5 million worth of Ether (ETH) for gaming development in...Continue Reading

“We are not planning to acquire Huobi,” said Sam Bankman-Fried, who manages assets at Alameda Research and leads crypto exchange FTX. Global crypto exchange FTX will not be acquiring a majority stake in Huobi, according to CEO Sam Bankman-Fried, or SBF.  In a Monday tweet, SBF explicitly denied a Bloomberg report that claimed FTX was planning...Continue Reading

First announced on Aug. 4, the euro-denominated Ether futures represent investment vehicles launched prior to the blockchain’s transition to proof-of-stake. Derivatives marketplace Chicago Mercantile Exchange Group has launched trading for Bitcoin euro and Ether euro futures contracts. In a Monday announcement, CME Group said that it launched contracts for euro-denominated Bitcoin (BTC) and Ether (ETH)...Continue Reading

Read this article to know why DeFi, GameFi and SocialFi are not just verticals but also horizontals in a metaverse. All for one and one for all We need GameFi, DeFi and SocialFi to create a holistic Metaverse experience. Even with metaverses focusing on one purpose, these elements are essential to ensuring viability and scale....Continue Reading

Those betting on further downside begin to see setbacks as Bitcoin starts the Wall Street trading week with a spike higher. Bitcoin (BTC) regained some lost ground at the Aug. 29 Wall Street open amid talk of an imminent short squeeze. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Shorts lose out in modest squeeze higher...Continue Reading

Rumor has it that they are heading to or already in Dubai, says a lawyer with 30 years of experience. But can they stay there forever? The creators of Three Arrows Capital are missing, according to reports, when court-appointed liquidators visited the firm’s Singapore headquarters recently, all they discovered was a locked door and a...Continue Reading

Several altcoins have not only outperformed Bitcoin and Ethereum in the last three months but have also posted impressive gains. The cryptocurrency market overall endured a bad summer on back-to-back pieces of bad news, ranging from Terra’s (Luna) —now renamed Terra Classic (LUNC) — collapse to the Celsius Network’s liquidity crisis. But some tokens have...Continue Reading

The Springbok captain features in a new advertising campaign promoting a long-term attitude towards cryptocurrency investing in South Africa. National rugby captain Siya Kolisi will spearhead a two-year educational cryptocurrency advertising campaign in South Africa. The Springbok skipper has partnered with global cryptocurrency exchange Luno in the campaign’s rollout, which will feature a series of...Continue Reading

The Taliban have finally banned crypto in Afghanistan, but many users and traders call it one of the “worst” decisions taken by the government so far. With the rise of the Taliban last year in August, Afghanistan faced global sanctions that led to many international organizations and money transaction services halting operations in the country....Continue Reading

Kyle Roche allegedly approached Ripple’s CEO with an idea to invest in a law firm that would target competitor firms with similar lawsuits that Ripple was facing in the U.S. Ripple CEO Brad Garlinghouse took to Twitter to deny recent explosive claims made by Crypto Leaks, an online publication focusing on corruption and fraud-related news...Continue Reading