We Are Not Planning To Buy Huobi: FTX Founder Sam Bankman-Fried

The crypto entrepreneur SBF took to Twitter to share his opinion, addressing the growing notions about FTX acquiring Huobi in near future. FTX founder Sam Bankman-Fried further shared that he is not planning to buy Huobi FTX CEO and crypto entrepreneur Sam Bankman-Fried has finally issued a clarification via Twitter adding that contrary to the …

Polkadot’s Moonbeam Onboards LayerZero For Cross-Chain Messaging: CoinDesk

Summary: Moonbeam revealed its integration of cross-chain messaging solution LayerZero on Monday. CEO Derek Yoo expects the move to power “a hub of activity”. LayerZero recently closed a $6 million Series round to help build out its messaging protocol across multiple blockchain networks. Yoo’s protocol also hopes to carve out a foothold in crypto after …

Bitcoin shorts liquidated total $9 million as BTC moves back above $20,000

Bitcoin bulls stepped in to stop the price decline on Aug. 29, at 14:00 UTC, spiking BTC as high as $20,300 in the process. The move was accompanied by substantial volume on the hourly chart. The local downtrend, which bottomed at $19,500 in the early hours of Monday, was triggered by a speech at Jackson …

South Korea’s Science Ministry to develop ethical principles for the metaverse

The Ministry of Science and ICT (MSIT) of South Korea recently released a set of key ethical principles fundamental for growth and participation in the metaverse. The three central values for metaverse participants are self-identity preservation, safe enjoyment, and sustainable prosperity. The MSIT proposed eight principles to uphold while participating in the metaverse: authenticity, autonomy, …

Virtuzone, Binance enter partnership to foster UAE crypto adoption

Virtuezone has partnered with Binance to use its payment gateway to accept crypto for its business formation services across the UAE, according to an Aug. 29 press release. The companies said the partnership’s goal is to boost the country’s crypto adoption rate. Virtuezone is an end-to-end business service provider that helps companies entering the UAE …

Research: Asia maintains its smart money reputation for Bitcoin trading

As with forex trading, crypto markets also trade 24/7 and follow the same conventional three-session trading system, which runs: Asia: 00:00-12:00 UTC Europe: 07:00-19:00 UTC U.S.: 13:00-01:00 UTC On-chain analysis revealed the extent to which Asia continues to play the role of “smart money,” whereby Asian investors have a knack for buying in times of …

UN Human Rights Chief Voices Concern Over Assange Extradition Case, Wikileaks Continues to Raise Large Sums of Crypto

On Saturday, the human rights chief at the United Nations (UN), Michelle Bachelet, said that the potential extradition of whistleblower Julian Assange raises concerns for the rights of future whistleblowers and investigative journalists. Meanwhile, cryptocurrency supporters have continued to donate to Assange and his legal battle as Wikileaks has amassed hundreds of thousands of dollars …

The Top Privacy Coins Saw Fewer Percentage Losses Than Most Tokens This Week

The privacy coins monero and zcash managed to see fewer percentage losses against the U.S. dollar this week, in contrast to crypto assets like bitcoin, ethereum, and solana. Seven-day statistics indicate zcash has lost 5.6% against the USD, while monero dropped by 6.1%. Privacy Coins Manage to Stave off Some of This Week’s Market Carnage, …

Argentinian Province Mendoza Starts Accepting Tax Payments in Crypto

Mendoza, an Argentinian province, has implemented a system that allows taxpayers to pay their taxes fully with cryptocurrencies. The system, which was launched this week, is part of a strategic push for the modernization and digitalization of payments carried by the tax authority of Mendoza and uses the services of a third party to process …

Fintech Makes Moves Into the Auto and Home Repair Industries With FixxFi

press release PRESS RELEASE. Dublin, Ireland, 8/29/2022 – One of the arguments against cryptocurrencies has been, “What’s the point of having a currency if you can’t use it?” While many projects are trying to establish utility for their tokens outside the world of blockchain, not many companies use or accept them. That is about to …

Top Trending Meme Coins – PETS, FLOKI, TAMA, QUACK, BABYDOGE

If you suggested meme coins as an investment to someone a few years back, they’d probably laugh it off. But over time, they’ve grown to become some of the most popular investment options, offering mind-blowing returns to investors. Today, there are hundreds of meme coins and it’s tough not to get lost in between so …

LBLOCK Explodes on NFT Competitions Platform Gate.io

The non-fungible token (NFT) competition platform that leads the pack is called Lucky Block. The Lucky Block initiative was initiated earlier on in this year, and it has been working diligently over the past few months to accomplish its goals. It is planned for it to be listed on a number of the most prominent …

Solana Experiences More Selling Pressure, Tamadoge Heads to the North

Trading ctivities in the Solana market have been mostly selling with little buying. Consequently, this has caused a significant downside pull on the crypto’s price. Also, it appears as if trading indicators are still foretelling that lower support may be reached. SOL’s Forecast Statistics Data: SOL’s current price: is $31.89 SOl’s market capitalization: $11.13 billion …

MEPAD Regains Strength above $0.00200, High Returns Bet on TAMA

The MemePad price is trading above $0.00200 and the coin must climb above this level to reclaim the previous resistance at $0.00202 to remain higher. MEPAD/USD Long-term Trend: Ranging (Daily Chart) Key levels: Resistance Levels: $0.0022, $0.0023, $0.0024 Support Levels: $0.0018, $0.0016, $0.0014 Buy MemePad Now Your capital is at risk MEPAD/USD is seen improving …

Crypto Exchange Giant Binance Restricts $1,000,000 Corporate Account, Cites Law Enforcement Request

The world’s largest crypto exchange by trading volume is restricting a corporate account with over $1 million in virtual assets due to a request by law enforcement. Digital assets exchange giant Binance says that it has locked the account of a Tezos (XTZ) tools contributor that contained $1 million worth of crypto assets. Furthermore, Binance …

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