World Blockchain Summit Brings 2022 to a Close in Bangkok This December
The 23rd global edition explores the convergence of world-class content from the industry’s leading experts, entrepreneurs, and investors, with the opportunity to learn about the latest trends within the scope of Blockchain, crypto, and web3.
South Korean Crypto Exchange Gopax Services Hit by Genesis Disruption
Crypto chaos is finally taking its toll on South Korean exchanges – with the crypto investment bank Genesis’ decision to pause redemptions and new loan offerings earlier this week disrupting services on the Gopax trading platform.
Nigerian Web3 Startup Says Funds Are Stuck With FTX, Lays Off Employees
Nestcoin, a Nigerian Web3 startup which got an investment from Alameda Research in 2021, revealed on Nov. 14 that it had “a significant proportion of stablecoin investment” stuck at FTX. According to the startup’s CEO, laying off some employees allows the company to focus on building a more decentralized crypto future.
Ultra Partners With Bit Hotel To Launch Uniq NFT Collection
Bit hotel, which is a social-first game in the virtual world, will from hereon, be readily available on Ultra Games. In the case of the Ultra Games, it happens to be an online game in which all connected gamers can interact with other members. The players can also receive frequent rewards and the possibility of making money while engaging in the game. Following this occurrence, Bit Hotel coming onto Ultra Games will be delivering a Uniq NFT collection on the Uniq Marketplace.
Crypto Exchange Bitstamp Registers With Spain’s Central Bank
Bitstamp, the longest-running crypto exchange, has secured its registration in Spain’s central bank.
Gate.io Highlights Its 3-Year 100% Proof of Reserves Journey
Following another major crypto exchange collapse, user concerns around the solvency, security, and stability of crypto exchanges have reignited, leading to discussions regarding exchange reserves. As a result, attention has shifted toward crypto exchanges such as Gate.io, the first to provide a Proof of Reserves audit with Merkle Tree verification.
Trust Wallet Launches Browser Extension, Integrates With Binance Pay
Following the collapse of FTX and the bank run on crypto exchanges in general, self-custody Trust Wallet is gaining momentum. In one week, the company launched the long-anticipated browser extension and collaborated with Binance, whose users can now transfer their funds directly to a Trust Wallet account.
AVAX Expands Its Reach to Japan via Coinbase
After Coinbase lists AVAX on the platform, Avalanche blockchain enters the Japanese market. AVAX can now be traded on desktop computers and mobile devices throughout the region. The Avalanche blockchain’s native token can be used for minting non-fungible tokens, playing games in the Web3 sphere, funding DeFi applications, and safeguarding the network, among many others.
Someone Paid Over $500,000 for ‘DOGE’ Username on Telegram
Among the 10 most expensive Telegram usernames sold on Fragment, one stands out for a particular reason – it is the only one related to the <a href="https://finbold.com/category/cryptocurrency-news/">cryptocurrency sector</a>, and it is one of Tesla (NASDAQ: <a href="https://finbold.com/stock/tesla-tsla/">TSLA</a>) CEO Elon Musk’s favorite coins – the meme token Dogecoin (<a href="https://finbold.com/cryptocurrency/dogecoin/">DOGE</a>).
VeChain Proof of Authority (PoA) 2.0 Finally Goes Live
After years of hard work, VeChain, the leading enterprise blockchain platform, has finally launched its proof of authority (PoA) 2.0.
