Hotbit Suspends Withdrawals Amid Investigation by Authorities
The Hotbit crypto exchange has suspended trading, deposit, withdrawal, and funding functions until further notice. The exchange said that a...
Business
Hotbit Exchange Halts Trading as Authorities Probe Ex-Employee
Hotbit said that several Hotbit executives had been served with subpoenas and were assisting with the investigation. Hotbit Stops Services...
Inflation Has Now Peaked, and Recession Will be Mild
Elon Musk thinks things are looking up. In a new meeting with Tesla shareholders, the billionaire was optimistic about the...
Axie Infinity looking to ‘double-down’ on Korean market: KBW
Sky Mavis, the firm behind Play-to-Earn (P2E) heavyweight Axie Infinity is looking to “double down” in South Korea and ramp...
DeFi Will Accelerate Financial Inclusion Around the Globe
DeFi has the potential to solve inequality and unlock financial freedom for people around the world, says Brendan Playford, the...
Lightning Network payment rail, DeFi trading platform and blockchain security firm raise millions
Even with the onset of crypto winter, 2022 has been a watershed year for venture capital funding. Crypto and blockchain...
Core Scientific increased Bitcoin production by 10% in July amid Texas power cuts
Crypto mining firm Core Scientific reported its operations produced 1,221 Bitcoin (BTC) in July even as the company powered down several...
Crypto Winter Gets Chilly for Portuguese Exchanges as Local Banks Close Accounts
Three crypto companies in Portugal have been left stunned at the decision of key banks to close their accounts. According...
Meta Rolls Out Instagram NFT Feature in 100 Countries
Key Takeaways Meta's Instagram is rolling out an NFT feature across 100 countries in Africa, Asia-Pacific, the Middle East, and...
Starbucks teases Web3 rewards program to attract new customers
Global coffee store franchise giant Starbucks is looking to launch a new Web3 rewards program to attract and retain customers,...
Safety, Fees, Pros, and Cons
It’s time to take a look at a young but rapidly growing crypto exchange, WhiteBIT, that continues to move up...
Crypto lender Vauld granted three-month protection from creditors
Embattled crypto lending platform Vauld has been granted a short period of reprieve from creditors after being given a three-month...
Aave DAO Community Responds to GHO Stablecoin Proposal
A snapshot vote on the Aave DAO’s proposal to introduce a new decentralized stablecoin dubbed GHO revealed the community’s reaction....
Ticketmaster scouts productization of enterprise NFTs beyond ticketing
A new job posting by America’s biggest ticketing company, Ticketmaster, reveals mainstream interest in exploring new revenue streams using nonfungible...
Oasis Labs Partners With Meta To Assess Fairness for Its AI Models
Oasis Labs announced the partnership with Meta, and the launch of a platform to assess fairness in Meta’s products while...
Solana Opens First Physical Store in New York City
Key Takeaways Solana has opened its first real-world store in the Hudson Yards area of New York City. The space...
Fed demands Voyager remove ‘false’ claims deposits are FDIC insured
Cypto lender Voyager Digital has been directed to remove “false and misleading” statements that its user’s deposit accounts are FDIC...
FilSwan- FIL-Toronto Summit Successfully Concluded
From July 4 to 6, the FIL-Toronto summit sponsored by Filecoin Foundation and Filecoin Orbit, and hosted by FilSwan came...
KuCoin CEO Johnny Lyu launches 'Anti-FUD Fund'
The exchange’s Anti-FUD Fund comes shortly after KuCoin CEO Johnny Lyu’s spat with a whistleblower who claimed the exchange was...
Terraform Labs, Do Kwon Face Another Class-Action Lawsuit
Key Takeaways A class action lawsuit was filed against Terraform Labs, Do Kwon, and a host of other crypto entities...
Tesla Writes Down $170M in Bitcoin Impairment Charges in Q2
Electric carmaker Tesla recorded a $170 million impairment charge against the carrying value of its bitcoin assets. The company also...
Asian Exchange Zipmex Considers Possible Acquisition Queries
Beleaguered crypto exchange Zipmex touted a possible acquisition offer by one of many interested parties. The exchange, which serves clientele...
