Deloitte partners with NYDIG to offer Bitcoin financial services

Deloitte, one of the largest accounting firms globally, and Bitcoin firm NYDIG have announced a partnership that will allow companies to integrate digital asset services in their operations. Deloitte and NYDIG to offer digital asset services The new partnership between Deloitte and NYDIG will focus on supporting businesses that want to offer financial services linked …

Anonymous hacking group vows to expose Do Kwon’s wrongdoings

The Anonymous hacking group has threatened to expose the crimes of the co-founder of Terraform Labs, Do Kwon. The hacking group wants Do Kwon brought to justice for the crash of the TerraUSD (UST) stablecoin and the Terra LUNA token. Anonymous hacking group threatens Do Kwon The Anonymous hacking group published a video on Sunday …

Qatar is working on a central bank digital currency

Sheikh Bandar, the governor of the central bank of Qatar, has outlined the country’s progress with its central bank digital currency (CBDC). Qatar’s plans for a CBDC align with other central banks globally that have announced plans to launch digital currencies pegged to their fiat currencies. Qatar’s central bank’s plan for a CBDC Numerous central …

Top Analyst Issues Warning – Says Stocks, Bitcoin and Crypto Markets on Verge of Collapse

Closely followed crypto analyst Justin Bennett says that both the stock and digital asset markets, including Bitcoin, are on the verge of another sell-off event. Bennett tells his 101,000 Twitter followers that he has his eye on the total market cap of all crypto assets (TOTAL), which he says looks ready to break through its …

Less than 1% of all holders have 90% of the voting power in DAOs: report

Decentralized autonomous organizations (DAOs) have become a rage in the ever-expanding crypto ecosystem and are often seen as the future of decentralized corporate governance.  DAOs are organizations without a centralized hierarchy, intended to work in a bottom-up manner, where the community collectively owns and contributes to an organization’s decision-making process. However, recent research data suggests …

Swiss National Bank exec: Regulators may favor centralized stablecoins after Terra crisis

Swiss National Bank (SNB) deputy head Thomas Muser talked to Cointelegraph editor Aaron Wood and discussed the ongoing trends in central bank digital currencies (CBDCs), stablecoins, and regulations, during the recently concluded European Blockchain Convention (EBC) 2022. Talking about the innovation and adoption of private stablecoins and plans of central banks regarding the CBDC launch, …

Metaverse fractional ownership to form similarly to property loans: Casper exec

As metaverse land assets become more expensive, ownership becomes harder for normal users. Because of this, Ralf Kubli, Board Member at the Casper Association, argues that fractional ownership, similar to property loans in the real world, may gain traction within the virtual space through nonfungible tokens (NFTs).  Kubli told Cointelegraph that understanding fractional ownership within …

China’s BSN chair calls Bitcoin Ponzi, stablecoins ‘fine if regulated’

Amid the Chinese government continuing to celebrate the massive decline of cryptocurrency markets this year, one key local blockchain expert has referred to crypto as a “Ponzi scheme.” Yifan He, CEO of Red Date Technology, a major tech firm involved in the development of China’s major blockchain project, the Blockchain Service Network (BSN), has penned …

LUNC Value Prediction for June 2: LUNC/USDT Increases in Value

LUNC/USDT threw down APE/USD from the top of the crypto daily mover list to occupy the number spot today. Terra Classic moved an impressive 16.67% today. This is an impressive performance for the recently embattled crypto. LUNC/USDT present price Price: $0.00007358 LUNC/USDT Market Capitalization: 494 Million LUNC/USDT Total Supply: 6.9 Trillion LUNC/USDT Rank: 214 Key …

Crypto Exchange Banxa Cuts Workforce By 30% As Layoffs Continue

Summary: Banxa CEO Holger Arians informed employees of the slash via email on Monday. Around 70 staff are set to lose their jobs including European Managing Director Jan Lorenc. Arians noted the company has felt the impact of the current market slump and expects the bear cycle could last another 12 months at least. The …

Nexo Issues Cease-and-Desist Letter to Twitter User Accusing It of Embezzlement

Nexo has sent a cease-and-desist letter to a user making serious criminal claims. Nexo published a lengthy blog post dismissing the claims and providing reasoning against the individual’s largely unsubstantiated claims. The individual’s followers have also been receiving cease-and-desist claims. Crypto lending platform Nexo has sent a cease-and-desist letter to a Twitter account accusing it …

Hacktivist Group Anonymous Pledges To Expose Do Kwon

Anonymous has uploaded a new video that targets Terra Form labs founder Do Kwon Anonymous group has pledged to expose Do Kwon’s crimes and bring him to justice as soon as possible.  Popular hacktivist group Anonymous is back again and has uploaded a new video that pledges to expose Do Kwon’s “crimes.” The video uploaded …

Binance Announces New Payments Partner Amid Fiat Deposit and Withdrawal Suspension in Brazil

Binance has chosen a new payments partner amid the suspension of direct fiat deposits and withdrawals in Brazil. The company stated it will now work with Latam Gateway, a payments processing company that has been in the payments intermediation business since 2019. Binance reported it would be working to normalize the fiat deposit and withdrawal …

Tencent Launches Extended Reality Unit to Tackle the Metaverse Market

Tencent, the Chinese technology and entertainment giant, announced the creation of its own metaverse-driven division. The division, named the extended reality unit, will be the one tasked with encompassing all metaverse-driven efforts, including hardware and software developments. According to reports, the company aims to employ over 300 in this unit, with Tencent giving it big …

My Liquidity Partner (MLP) Is Now Available for Trading on LBank Exchange

press release PRESS RELEASE. INTERNET CITY, DUBAI, Jun. 27, 2022 – LBank Exchange, a global digital asset trading platform, has listed My Liquidity Partner (MLP) on June 23, 2022. For all users of LBank Exchange, the MLP/USDT trading pair is now officially available for trading. Utilizing liquidity partners’ crypto within the liquidity pools, My Liquidity …

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