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The company also revealed that CUSD will be deployed on many chains where they see demands, in a bid to meet their multi-chain focal point.
Crypto influencer Ian Balina, who was paid by Sparkster to advertise its ICO, has also been charged.
The escalating inflation, currently at the highest level among all G-7 nations, the impending recession, and concerns about tax cuts has been the driving factors pushing the Sterling down the slope.
Blankos Block Party is a free-to-play multiplayer party game built around unique collectible digital vinyl toys called Blankos. These non-fungible tokens that can be purchased, upgraded, and sold within the game.
The company also revealed that both its US and Hong Kong stocks will be fully fungible which means that stocks bought or sold in one market can be converted or sold in another.
As part of the arrangement, Huobi has also agreed to sponsor the Busan Blockchain Week at the end of October 2022.
The company also discussed other possible scenarios for its future after filing for Chapter 11 bankruptcy.
Northzone however doesn’t currently have exposure to NFTs, something that Schadeck said could change in the near future.
The crypto exchange also distanced its operations with any of the alleged accused fintech and instant loan app entities.
It is still unclear how the news will affect the biggest coins on the crypto scene due to the current uncertainty in the finance world.