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Huobi Discloses $3.5B Balance Detail on Its Digital Assets Holdings
By Steve Muchoki
• 3 mins read
Huobi has reiterated that it will remain adamant about protecting and not appropriating users’ funds, which shall be fully redeemable and withdrawable.
Kraken Freezes FTX and Associates’ Accounts to Protect Creditors
By Steve Muchoki
• 3 mins read
Bitcoin price has dropped over 23 percent in the last seven days to trade below $16k on Monday following the FTX collapse.
Tesla Shares Slide 7% after Elon Musk’s $4B Fresh Stock Sale
By Steve Muchoki
• 3 mins read
Tesla share’s value was expected to decline following the sustained cryptocurrency crash in the past few months.
Lionel Messi Takes Equity Stake on NFT Fantasy Game Sorare
By Steve Muchoki
• 3 mins read
Sorare was last valued at $4.3 billion, with more than 2 million users in over 185 countries.
MARA Shares Drops 5%, Marathon Digital Misses Q3 2022 Revenue Estimates
By Steve Muchoki
• 3 mins read
Marathon Digital noted that the lower production resulted from the previously announced exit from the company’s facility in Hardin, MT, and delays in the initial energization of the King Mountain facility in McCamey, TX.
Binance and FTX Acquisition Deal Could Attract Antitrust Concerns from Global Regulators
By Steve Muchoki
• 3 mins read
Antitrust specialists are concerned about how Binance and FTX made the acquisition deal through Twitter first.
Bank of Korea (BoK) Scales CBDC Test Programs to NFTs and Global Remittances
By Steve Muchoki
• 3 mins read
The Bank of Korea discovered that its CBDC could process up to 2000 transactions per second, which is way below what the standard centralized ledger database offers.
LBC Token Dips 37%, Federal Judge Rules LBRY Sold Security Tokens, SEC Wins
By Steve Muchoki
• 3 mins read
According to the LBRY vs SEC ruling, the crypto company marketed its digital token through its development plan, thus classified as a security.
Circle to Bring Euro Coin to Solana in Early 2023, SOL Price Down 9%
By Steve Muchoki
• 3 mins read
In addition to launching Euro Coin on Solana, Circle announced plans to extend its permissionless cross-chain infrastructure, Cross-Chain Transfer Protocol, on the Sol network by next year.
Beeple to Bring Immersive 3D NFTs to Solana via Metaplex and Render Network
By Steve Muchoki
• 3 mins read
Having brought Beeple, a popular NFT artist, on board, the Metaplex network anticipates attracting more digital art collectors.