OKX Wins Provisional Crypto License In The UAE
Summary: Dubai’s regulatory body granted provisional approval to OKX. The crypto exchange has bagged a virtual asset license and can offer trading facilities to investors in the United Araba Emirates.…
Celo Halts Blockchain Hours As Validators Work on Identifying Issue
Celo has halted its blockchain, and validators are investigating the issue. Uniswap v3 was deployed on the Celo network hours before, though there is no confirmation whether this was related.…
Celsius Network Files For Chapter 11 Bankruptcy
Celsius network released a statement on Wednesday stating that it has filed for chapter 11 bankruptcy The firm will continue to stay operational and has $167 million in cash to…
Michael Saylor: US Inflation is +9.1%, It’s Only a Matter of Time Before The World Discovers 1 BTC = 1 BTC.
Summary: Michael Saylor has pointed out that the US dollar continues to gain value as annual inflation has hit 9.1%. He adds that other global currencies continue to weaken against…
Disney Chooses Polygon (MATIC) To Participate in its Accelerator Program Focusing on NFTs, AI and AR
Summary: Disney has invited Polygon (MATIC) to participate in its 2022 Accelerator Program, focusing on NFTs, AI, and Augmented Reality. Polygon (MATIC) is the only blockchain project selected in a…
Grayscale Expands its List of Assets Under Consideration, Adding Apecoin, CRO and KNC
Summary: Grayscale has added Apecoin (APE), Cronos (CRO), and Kyber Network Crystal (KNC) to its list of assets under consideration. The crypto-focused Wall Street Investment Firm known as Grayscale has…
Ryder Ripps Lawyers Up For $100 Billion Settlement In Yuga Labs Legal Battle
Summary: The conceptual artist hired legal counsel from WilmerHale, a reputable law firm with offices across three continents. Ripps made the move ahead of a court case with Bored Ape…
Coinbase CEO Details Operational Efficiency Plans Despite Recent Employee Layoffs
Brian Armstrong spoke of operational efficiency in a Twitter thread and blog post. Coinbase has had to rethink its operational philosophy as it attempts to scale. The exchange’s stock COIN…
Vermont Regulator Says Celsius Network Is Likely To Be “Deeply” Insolvent
Vermont Department of Financial Regulation believes that Celsius Network is most likely to be insolvent The DFR issued a comprehensive statement, adding that Celsius Network lacks the required assets to…
BlockFi Should Not be Mentioned Alongside Crisis-Hit Voyager and Celsius Network, Says CEO
Summary: BlockFi CEO has requested crypto journalists and market commentators, not to mention the company alongside Voyager Digital and Celsius Network. He states that BlockFi has remained financially functional while…
CZ Defends His Tweet on Uniswap V3’s Potential Exploit, Says Speed is of the Essence When Dealing With Security Issues
Summary: CZ has defended his earlier tweet announcing a possible exploit on Unsiwap V3 that was later confirmed as being a false positive. According to CZ, he would rather be…
Magic Eden Starts Venture Investment Arm To Support Web3 And NFT Gaming Startups
Summary: Solana’s biggest non fungible marketplace plans to bolster startups focused on web3 game projects. The platform has launched a dedicated venture department dubbed Magic Ventures to this effect. Former…
BitMEX Delays BMEX Spot Exchange Listing, Citing Market Conditions
BitMEX has delayed the listing of BMEX on its spot exchange, citing market conditions. Millions of BMEX tokens have already been airdropped to thousands of users, offering them benefits. BitMEX…
Three Arrows Capital (3AC) Founder Su Zhu Breaks Silence, Calls Out Liquidators For Baiting
Summary: Su Zhu tweeted for the first time in almost a month. The 3AC co-founder claimed that liquidators are baiting. Zhu alleged that the company has shown good faith and…
GameStop Unveils Its Own NFT MarketPlace
GameStop NFT marketplace is now live The marketplace will permit users to explore different NFT collections. After much anticipation and hype, video game giant GameStop has finally unveiled its own…