A Reprieve is Granted to Crypto Lender Babel
As part of its effort to survive the current downturn in cryptocurrency markets, Babel Finance, the distressed crypto lender that froze all withdrawals on Friday, announced
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Ukraine Raises $100K Selling CryptoPunk NFT to Aid War Efforts
In an effort to raise funds against its war with Russia, Ukraine, has sold a CryptoPunk NFT for 90 Ethereum (ETH) approximately $100,000. Ukraine had received
The CEO of FTX Blames FED for Crypto Market Degradation
The extensive bear run of the crypto market has frustrated the digital asset industry. Investors have lost severely in this bleeding market. Billionaire and the CEO
Iran to Shut Off Electricity Supply to Licensed Crypto Miners
Amidst a massive energy crunch, the Islamic Republic of Iran, will be cutting off power supply to all of its 118 legal crypto mining centers from
French Football Club PSG to Kick-off in the Metaverse
One of the most successful teams in European football, Paris Saint-Germain (PSG), has collaborated with Taiwanese celebrity, Jay Chou, to launch a new metaverse art project.
How Will The Rate Hike Affect Cryptocurrencies?
Cryptocurrencies experienced a considerable plunge back on Friday, just an edge closer to their worst week since the meltdown in March 2020. As some of the
Elon Musk, Tesla, and SpaceX Hit With a $258 Billion Dogecoin Pyramid Scheme Lawsuit
Elon Musk and his popular organization are caught in a flurry of allegations for running and supporting a pyramid scheme to support Dogecoin. Along with Musk,
DeFi Platform Inverse Finance Hacked; Loses Over $1.2M
Ethereum-based DeFi lending protocol, Inverse Finance, suffered a flash loan attack, where attackers stole $1.26 million in Tether (USDT) and Wrapped Bitcoin (WBTC). As per Peckshield,
Israel and Hong Kong Test Cyber Risks of CBDCs
The Bank of Israel announced that it is collaborating with Hong Kong Monetary Authority to phase out a digital currency, including finding out how it handled
BitPay Unites with Spanish Airline Vueling to Offer Cryptocurrency Payments on Flights
One of the largest cryptocurrency payment provider, BitPay, has just inked a deal with Spain’s largest airline, Vueling, allowing customers of the airliner to make payments
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