Genesis Global Files For Chapter 11 Bankruptcy in New York
The report comes just two days after the rumor was first made public. Genesis has $175 million of its own stranded on FTX.Genesis Global, a cryptocurrency lender, officially filed for…
Binance Announces tough Set of Rules Towards NFT Listing.
NFT creators will also be limited to minting just five digital items every day.Before listing on Binance NFT, merchants must undergo know-your-customer (KYC).Binance said on January 19 that it will…
Coinbase to leave Japanese Market.
Amid a series of job cuts, Coinbase has decided to leave Japan. Crypto exchange giant Coinbase becomes the latest firm to stop operations in Japan, citing unfavorable market conditions. The…
Floki collaborate With Binance Pay.
Binance Pay will be the main crypto payment service provider for Floki’s merch store.Floki will structure a special Shop Floki campaign for Binance Pay users.Shop Floki is to go live…
Crypto.com Signs 8-year Carbon Emission Deal With Climeworks.
Crypto.com will have offset all of its direct carbon emissions upon completion.Getting rid of its direct carbon emissions is a goal the firm is excited to achieve.Cryptocurrency projects are beginning…
Seoul Launches First Public Metaverse Project For Residents.
The Seoul government will further conduct beta testing of the metaverse project.The first stage of the metaverse project cost close to $1.6 million.Not a lot of progress was made in…
Russia and Iran Reportedly Collaborating To Develop New Stablecoin.
The value of the token will be tied to that of gold. The currency will be initially used in a special economic zone in Astrakhan. According to reports, the Russian…
Shibarium Beta is almost getting set.
The preparations for the Shibarium Beta launch are nearly finished, according to the official Twitter account for the Shibarium blockchain. The much-anticipated debut of Shiba Inu’s Layer-2 blockchain Shibarium Beta…
Hong Kong Regulator To Allow Only Approved Crypto Tokens.
Hong Kong’s SFC is compiling a list of crypto assets.Whitelisted cryptocurrencies are those with substantial liquidity and considered safe.With a slew of new digital asset rules slated to go into…
Nexo experience Withdrawal Spike Post Raid by Financial Authorities
On January 13 Nexo’s Bitcoin holdings were down to 124,939 BTC, a reduction of 8,324 BTC. Co-founder Antoni Trenchev told that the withdrawals amounted to barely 2% of Nexo’s AUM.…