Binance Largest Exchange in the world to acquire competitor Exchange FTX.
FTX CEO Samuel Bankman-Fried announced the imminent acquisition, which he called a “strategic transaction,” to his Twitter followers early Tuesday. “Things have come full circle, and FTX.com’s first, and last,…
Twitter’s plan to correct their former controversial verification policy is another check mark
Twitter is rolling out another type of check mark to help distinguish accounts that users actually need to know are real. Although you can pay $7.99 per month for a…
Largest Telecom Company in Japan’s NTT wants to Invest $4 Billion in Web3 Technology
NTT Docomo collaborated with Accenture to create a technology platform for Web3 and invest nearly $4 billion in the sector. The leading Japanese mobile phone operator – NTT Docomo –…
Iris Energy Bitcoin Mining company Receives $103M Default Notice
The company’s average mining hash rate in October was 3.9 EH/s. As it stands, the company looks to have fallen on hard times due to a confluence of factors. Bitcoin…
Deribit Hacker now Transferring Stolen ETH Via Tornado Cash
Reports of a $28 million loss at Deribit due to a hot wallet attack surfaced on November 2. The attacker transferred a total of 1,610 ETH over the course of…
Daily User Growth Skyrockets After Elon Musk bought Twitter and took charge
Since Musk has been in charge, the number of daily users has increased by almost 20%. The platform’s quick growth is a direct indication of his immediate influence. In his…
Coinbase in Germany Under Scrutiny by Financial Regulator BaFin
The regulator claimed to have discovered “organizational deficiencies” at the exchange. It showed inconsistencies in the way the company was run across all audited departments. BaFin, Germany’s Federal Financial Supervisory…
Almost $400 Million in Liquidations as BTC Drops Below $20K
The total value of liquidated positions is over $360 million as the crypto market turned red again. Despite the rally during the past couple of weeks, the cryptocurrency took a…
Gemini Expanded to 5 More European Union Nations as announced by firm
Over 65 nations may currently use Gemini. In the year 2020, the UK became the first European country to utilize the exchange. Despite the sustained decline in cryptocurrency prices, crypto…
Rolex acquire spot in Metaverse & NFTs
The oldest watchmaker Rolex filed a trademark application for NFT marketplaces. The watchmaker also calls for the development of virtual goods for online gaming. Rolex, the swiss luxury watchmaker, has…