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Peer-to-peer crypto marketplace Paxful permanently removes ETH from the platform. CEO & co-Founder Ray Youssef has announced the removal of ETH from Paxful which is one of the largest peer-to-peer Bitcoin marketplaces in the world. Backing up his action, Ray tweeted “valuing integrity over revenue”. We finally kicked #ethereum off our marketplace. 11.6m humans safer. …
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 …
YouTuber turned NFT creator LoganPaul’s blockchain game CryptoZoo exposed by CoffeeZilla. New year, new scam. This time its ‘CryptoZoo’, the blockchain based NFT game by YouTube celebrity Logan Paul. The project has been accused of a possible rug pull after another YouTuber Stephen ‘Coffeezilla‘ Findeisen exposed it. Coffeezilla claims that the game itself was never …
