Sushiswap DEX is in deep trouble as their head developer has been served with SEC subpoena. This has called for a legal defense fund that will provide coverage for attorney fees. Amount if you may ask? $3M which will be sent for Kanpai fees, grants and sushi TWAP market sells.
Kraken is pushing past the regulatory hurdles and is on track to launch their very own bank. With their own bank, they’ll be able to better serve customers as there would be no interference on crypto transactions. A banking license along with a digital asset one can actually position it well in the market.
There are myriad coin exchanging services but not all of them are allowed to operate in Hong Kong, preventing you to exchange HKD for Bitcoin and other cryptocurrencies. ChangeNow is already preparing to get a proper trading license from the SFC and the coin exchanging service has seen whopping 62-percent jump in total number of users and more than 200% jump in overall revenue.
RW00142 Your account may be at risk. In order to keep your funds safe, withdrawals have been temporarily disabled. Please contact Customer Support for further assistance. This is the dreaded error code that you would never want to come across. This Binance withdrawal error is code is allegedly triggered to safeguard the funds.
Platypus DeFi that claims to redefine stableswaps and reinventing stablecoins was recently hacked for whopping 8.5 million dollars in total. The developers have confirmed this hack on their official twitter account and have already informed various cryptocurrency exchanges to freeze the funds of the hacker. USDT held by the hacker has already been frozen.
If you use Binance cryptocurrency exchange and live in US, this is important. Binance has announced that it would be suspending USD deposits and withdrawals starting 8th of February 2023. After 2200, any USD sent to Binance’s USD accounts would be rejected and returned back to sender.
It’s often when we see websites and twitter accounts getting hacked. Earlier today, someone hacked Robinhood’s twitter account and announced RBH token. The tweet said “reminder, we are launching our new token RBH in the Binance Smart Chain. Will be live at 12AM EST and you can be amount the first to buy at starting price of $0.0005.” As you can already make out, there are many grammar mistakes which are not common on Robinhood’s twitter account.
Over the past couple of years, we have been able to read a lot about both NFTs and Crypto currencies. They have become very popular with many people wanting to get involved in these types of investments. However, they do share a lot of similarities which, therefore, can make it difficult to tell them apart. But even with many similarities they are completely different entities, and you can read more about how they are different in this article.
First ever women-led blockchain conference will be happening in March 2023. Slated to take place in Cyprus, the platform aims to amplify underrepresented voices within blockchain, in order to give the skills and the confidence to anyone to blaze their own personal or professional trail within the metaverse.
Earlier today, we saw Fantom Foundation using their official wallets to purchase tokens of several projects deployed on Fantom blockchain. This included 32000 BOO, 530,000 BEETS, 1,200,000 GEIST, 4800 MMY and 1900 EQUAL tokens. Most of them were then staked by the foundation, for instance they exchanged BOO for xBOO.
