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ConsenSys built Metamask wallet will partner with Onramp.money to bring UPI and IMPS facilities to Indian customers. Metamask extending its support to the Indian payment system is quickly becoming the trending news in the crypto industry. It will integrate Onramp.money, a payment platform built by one of the leading Indian crypto exchanges Bitbns. Onramp will …
Famous cryptocurrency exchange crypto.com announced the first round of layoff in 2023. Crypto.com reduced the headcount of its staff member by 20%. The company is yet to publically announce the reason for taking such action. However, many believe that the existing bear market has put financial stress on the company thus forcing it to take …
Gala Games is all set to boost its crypto gaming ecosystem by launching mobile games. In a recent announcement on the Gala discord server, the company bought a mobile game studio with over 20 million users. The team further stressed upon making GALA a deflationary token to be used as a default token for the …
MAYC knock-off NFT collection Mutant APE Planet creator arrested for defrauding investors. The French national and the developer of the Mutant Ape Planet NFT collection Aurelien Michel was arrested by police in New York. He has been charged for defrauding investors of $2.9 million in a “rug pull scam”. By definition, rug pull is a …
Crypto lender Genesis boss Barry Silbert is doing everything to keep the wolf from the door. The new year isn’t welcoming for Genesis, a crypto lending platform that is struggling to survive in the crypto bear market. It was hit hard after FTX filed for bankruptcy and froze crypto withdrawals to protect the liquidity of …
The bank sold its assets at a loss to save itself from collapse but remain loyal to cryptocurrency. Silvergate Capital is a bank holding company focused on cryptocurrency and digital assets. Following the FTX crash Silvergate witnessed $8.1 billion in withdrawals from its crypto deposits. The sudden loss of assets has pushed the company into …
By 2025 ISO 20022 will be the global standard for payment systems for all financial institutions including banks. ISO 20022 is the standard protocol for digital data interchange in the payment industry. Its DLT (Distributed Ledger Technology) based protocol (similar to blockchain) which uses ISO 20022 as a messaging mechanism. By 2025, the protocol is …
‘Crypto is not real, it has no intrinsic value’ said former SEC Chief John Reed Stark In a recent tweet, John Stark took a jibe at cryptocurrency by calling it not real. He further wrote that the asset has no intrinsic value and is based on the shared belief of people. His remarks haven’t been …
Famous IPL cricket team Mumbai Indians want to connect with fans using NFT. Indiawin Sports which manages Mumbai Indians has raised RFP (Request for Proposal) from global & Indian tech companies to help them launch team based NFTs based on the existing Intellectual Property (IP) Rights. 5 times IPL champion, Mumbai Indians have a loyal …
Famous Twitch streamer DNP3 who founded Goobers NFT and several other projects admitted to gambling away investor funds. In a recent tweet by DNP3 saying “I’m sorry” and writing a note to the followers admitting his addiction to gambling is not welcoming news that the users want to hear in the new year. DNP3 is …