Monthly archives: September 2023

A regulatory agency in Singapore is hitting the founders of bankrupt crypto hedge fund Three Arrows Capital (3AC) with a nine-year ban a month after they got slapped with a huge fine from authorities in Dubai. In a new announcement, the Monetary Authority of Singapore (MAS) says that 3AC founders Kyle Davies and Zhu Su …

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The Binance.US head of legal and the exchange’s chief risk officer have reportedly left the company while it faces an SEC suit. News Join us on social networks Two more top executives are leaving Binance.US, one day after the departure of CEO Brian Shroder and the layoff of a third of its staff, The Wall …

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A Bloomberg analyst reported the percentage of energy used for Bitcoin mining coming from renewable sources had exceeded 50% due in part to miners fleeing China’s ban. News Join us on social networks Elon Musk said in 2021 that Tesla would accept Bitcoin payments once miners were using roughly 50% clean energy sources “with positive …

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Crypto’s liquidity crunch could allow event-based volatility to have a greater impact on prices, according to a recent analysis from Bitfinex. News Join us on social networks Capital outflows in the crypto industry reached $55 billion in August, according to a report released by crypto exchange Bitfinex.  The analysis is based on the aggregate realized …

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Ripple CEO Brad Garlinghouse says the blockchain-based payments company is seeing more expansive growth outside of the US because of the country’s restrictive stance on crypto. In a new interview on Bloomberg Daybreak: Asia, Garlinghouse says the majority of Ripple’s open positions will be filled by people in countries more accommodative to the crypto industry. …

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September 14, 2023 – Singapore, Singapore In a groundbreaking moment for the global Web 3.0 community, BlockchainSpace introduced its Web 3.0 community-collectible platform, YEY, through an impressive campaign at the FIBA Basketball World Cup held in the Philippines in August 2023. Sharing the vision of Web 3.0 for all In May 2023, Singapore’s BlockchainSpace forged …

Continue reading “BlockchainSpace Debuts Polygon-Based Community Rewards Platform, YEY, With Philippine Telco Giant at FIBA 2023”

One of the co-founders of the $4 billion OneCoin crypto pyramid scheme has been sentenced to 20 years in prison. Karl Sebastian Greenwood co-founded the infamous fraud with Ruja Ignatova, widely known as the “Cryptoqueen.” Greenwood and Ignatova started OneCoin in 2014 and operated the company as a multi-level marketing (MLM) network. They falsely claimed …

Continue reading “‘Cryptoqueen’ Associate Receives 20 Years in Prison, Ordered To Surrender $300,000,000”

Shiba Inu’s (SHIB) new layer-2 scaling solution is continuing its rapid growth, leading to a spike in staking for the altcoin used to operate its gas fees. New data from SHIB blockchain tracker Shibariumscan finds that the total number of transactions over Shibarium has surpassed 2.5 million while the number of daily transactions sits just …

Continue reading “Shiba Inu Layer-2 Blockchain Shibarium Continues Explosive Growth, Leading To Spike in BONE Staking”

The Remitano exchange experienced suspicious transactions as over $2.7 million was drained from its wallet by a single account. Breaking news Join us on social networks Crypto exchange Remitano experienced large withdrawals under suspicious circumstances on September 14, with some blockchain analysts concluding that it may have been hacked. A total of $2.7 million worth …

Continue reading “Remitano exchange allegedly hacked for $2.7M; $1.4M frozen by Tether”