Category Archive: Cryptocurrency, No picture
Solana-Based ATMTA’s Star Atlas Announces Restructuring and Staff Cut
ATMTA, a Solana-based Web3 gaming company that runs the popular Star Atlas game, has revealed a major restructuring of its operations in response to challenging market conditions. The company’s CEO released a detailed statement outlining the move on its Discord, which includes a significant reduction in headcount to ensure the continued development of Star Atlas: […]
API for Uniswap v3 Applications Now Live with Oku
Oku has launched its API for applications built on Uniswap v3. Backed by the Uniswap Foundation, the API is designed to democratize access to real-time and historic Uniswap v3 market data, according to Oku’s announcement: “Since we represent pool tick state in a format equivalent to the on-chain layout, switching to using Oku’s API should […]
Ukraine and Binance Boast Transformed Lives with Tech Education Project
Overcoming job loss caused by the ongoing conflict, more than 2,000 Ukrainians have found solace and empowerment in the IT Generation program, an educational project initiated by Binance in collaboration with Ukraine’s Ministry of Digital Transformation. 1. Education. 147 graduates have secured IT-related jobs from the IT Generation project in Ukraine, a tech scholarship program […]
Russian CBDC Signed into Law; Implementation Expected by 2024
The Central Bank of Russia is on course to pilot and launch its own central bank digital currency, called the digial ruble, following President Vladimir Putin signing the digital ruble bill into law on July 24, 2023. Effective August 1, the law introduces all but one of its regulations. The exception, Article number three, makes […]
Could Worldcoin Solve Bot Problem? Buterin Explores
Sam Altman launched Worldcoin on July 24, triggering a multitude of responses across the cryptocurrency sphere and Silicon Valley. Despite differing views, the project maintains its objective to address online identity authentication and income inequality, as well as the concept of proof-of-personhood and the system’s potential implications on digital identity. Ethereum co-founder, Vitalik Buterin, has shared […]
After 11-Year Slumber, Bitcoin Wallet Transfers $31M
A Bitcoin wallet, idle for 11 years, has become active again, transferring all 1,037 BTC out – currently worth $31 million. This unexpected transaction happened on July 22, according to crypto statistics provider BitInfoCharts. Blockchain data reveals that the wallet first received the Bitcoin stash back in April 2012, when each coin was valued at […]
FTX Targets Founder and Executives in $1B Lawsuit: Questionable Deals and Island Buying Plot
FTX and its CEO, John J. Ray III, have sued Sam Bankman-Fried and several former high-ranking executives as a way to recover millions of dollars and undo questionable transactions exceeding $1 billion: “Fraudulent transfers worth over a billion dollars were made for the benefit of Defendants during the period February 2020 to November 2022.” Targeted […]
SEC Hints at Challenging Court XRP Ruling in Separate Lawsuit
The U.S. Securities and Exchange Commission (SEC) has given its response to the recent court decision in its case against Ripple Labs, arguing that XRP isn’t a security when sold to retail investors. The Ripple comments were made in a separate filing in the SECs ongoing lawsuit against Terraform Labs and its founder, Do Kwon, for […]
Polygon Ecosystem Grows With Blocto’s $1M Accelerator
Blocto, a cross-chain wallet and multi-chain Web3 realm, has announced a $1 million accelerator program. The initiative will simplify wallet creation on the Polygon protocols, following the company’s enhanced efforts towards account abstraction (AA) capabilities. This announcement trails the recent EthCC event where Blocto introduced its AA-compatible wallet designed to foster easier interaction and engagement […]
Coinbase Calls on Users to Repay Loans by November
Coinbase has announced the gradual discontinuation of its lending service, Coinbase Borrow. The decision follows a suspension of new loan applications initiated in May, according to an announcement on July 20: “Coinbase announced that we will begin the gradual process of closing Coinbase Borrow. Customers are unable to take out new lines of credit against […]
