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World’s First Sustainable Blockchain Ecosystem 5ireChain Goes Live with First Testnet
5ireChain, a layer 1 blockchain ecosystem designed with economic and environmental sustainability has launched its first testnet, that offers a sustainable Ethereum Virtual Machine...
Zuckerberg Plans to Continue Efforts on Metaverse
As far as social media is concerned, Mark Zuckerberg is still looking to expand his company's activities. These were the words he used after...
Kraken’s Solution for Winter; Laying Off 1,100 Employees
In order to ensure that the company survives the crypto winter, Kraken announced that it was cutting its workforce by 30%. In their announcement,...
TradeLens, a Blockchain-Based Supply Chain by Maersk and IBM, Will Close
As part of the decision, A.P. Moller - Maersk and IBM have decided to discontinue the TradeLens platform and withdraw their offerings from the...
OpenSea Integrates BNB Chain on Seaport Protocol
OpenSea, the world's largest non-fungible token (NFT) marketplace, is planning to integrate BNB Chain on its Web3 NFT marketplace protocol, "Seaport protocol", by the...
BlockFi Sues SBF After Filing for Chapter 11 Bankruptcy
On November 28, BlockFi filed a petition regarding its Chapter 11 bankruptcy. However, the firm has also sued Sam Bankman-Fried for his Robinhood shares....
Kraken Settles with the US Treasury for Serving Customers in Iran
Cryptocurrency exchange Kraken has reached a middle ground with the US Treasury regarding alleged transactions in Iran. Based on the statement issued by OFAC,...
BITFRONT, The Crypto Exchange Founded by LINE is Going to Close
It has been announced that the cryptocurrency exchange BITFRONT, founded by LINE, has closed. In order to withdraw funds, users will have until March...
AAX Global Communications VP Quits Citing “Trust in Brand Broken”
Ben Caselin, vice president for global marketing and communications at crypto exchange AAX has resigned from his role weeks after the exchange suspended withdrawals....
Crypto Lender Matrixport Aims to Raise $100M Despite Sluggish Market
Matrixport Technologies Pte, one of Asia’s biggest crypto lenders is trying to raise $100 million in funding at a $1.5 billion valuation despite the...
