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  • Lunar Labs Co-Founder Luke Youngblood Talks Moonwell Artemis and Over-Collateralized Loans Updates
  • Ark 21Shares Bitcoin ETF Rejected by the SEC Once Again Updates
  • Cryptocurrency as Money Store of Value or Medium of Exchange? Updates
  • Flare Network Begins FLR Token Airdrop Updates
  • Aussie Regulator Terminates FTX Australia’s License Updates
  • Mexico Will Have Its First Shopping Mall In The Metaverse Updates
  • Hong Kong to Publish Approved List of Crypto Assets for Retail Trading: Report Updates
  • South Korea Elects Crypto-Friendly President Who Vows to Deregulate Digital Asset Industry Updates

Chinese Indexes Company Launches Hang Seng Metaverse Index

Posted on May 31, 2022May 31, 2022 By Sathya Shankar No Comments on Chinese Indexes Company Launches Hang Seng Metaverse Index
Chinese Indexes Company Launches Hang Seng Metaverse Index

A Chinese indexes company, Hang Seng Indexes, has launched a new index which tracks the performance of metaverse-related companies in mainland China. The index is calculated and disseminated in real-time at two-second intervals, the company said. Rising Popularity of the Metaverse Hang Seng Indexes Company Limited, an entity that manages and compiles the Hang Seng…

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Updates

Binance to Advise Kazakhstan on Crypto Regulations

Posted on May 31, 2022May 31, 2022 By Sathya Shankar No Comments on Binance to Advise Kazakhstan on Crypto Regulations
Binance to Advise Kazakhstan on Crypto Regulations

Cryptocurrency exchange Binance will assist the government of Kazakhstan in efforts to regulate the country’s crypto space. The global coin trading platform will also help with the integration of the domestic banking system with the expanding digital assets market. Kazakhstan to Cooperate With Binance on the Development of Its Crypto Sector Binance, the world’s leading…

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Updates

IMF Chief Begs Investors Not to Shun All Crypto After the Collapse of LUNA, UST

Posted on May 31, 2022May 31, 2022 By Sathya Shankar No Comments on IMF Chief Begs Investors Not to Shun All Crypto After the Collapse of LUNA, UST
IMF Chief Begs Investors Not to Shun All Crypto After the Collapse of LUNA, UST

The managing director of the International Monetary Fund (IMF) reportedly said that investors should not completely pull out of crypto after the collapse of cryptocurrency terra (LUNA) and stablecoin terrausd (UST). IMF Chief Has a Message for Crypto Investors After the Collapse of LUNA, UST Kristalina Georgieva, the managing director of the International Monetary Fund…

Read More “IMF Chief Begs Investors Not to Shun All Crypto After the Collapse of LUNA, UST” »

Updates

Bitcoin, Ethereum Technical Analysis: ETH Hits 2-Week Low, Following Move Below $1,900

Posted on May 31, 2022May 31, 2022 By Sathya Shankar No Comments on Bitcoin, Ethereum Technical Analysis: ETH Hits 2-Week Low, Following Move Below $1,900
Bitcoin, Ethereum Technical Analysis: ETH Hits 2-Week Low, Following Move Below $1,900

Ethereum slipped below $1,900 during Thursday’s session, as prices dropped to a two-week low. Bitcoin was also trading lower over the course of the day, as it fell under $29,000. Overall, crypto was down over 3% as of writing. Bitcoin BTC fell below $29,000 earlier in today’s session, as bearish pressure continued to intensify heading…

Read More “Bitcoin, Ethereum Technical Analysis: ETH Hits 2-Week Low, Following Move Below $1,900” »

Updates

Korean Government Considers Imposing Unified Listing Standard on Crypto Exchanges After LUNA, UST Collapse

Posted on May 31, 2022May 31, 2022 By Sathya Shankar No Comments on Korean Government Considers Imposing Unified Listing Standard on Crypto Exchanges After LUNA, UST Collapse
Korean Government Considers Imposing Unified Listing Standard on Crypto Exchanges After LUNA, UST Collapse

The South Korean government is considering imposing tougher regulations, including a unified listing standard, on all cryptocurrency exchanges in the country following the collapse of cryptocurrency terra (LUNA) and stablecoin terrausd (UST). Korean Government’s Meeting With Cryptocurrency Exchanges The South Korean government is shifting responsibility for the crash of cryptocurrency terra (LUNA) and algorithmic stablecoin…

Read More “Korean Government Considers Imposing Unified Listing Standard on Crypto Exchanges After LUNA, UST Collapse” »

Updates

Russia Considers Using Cryptocurrencies for International Settlements

Posted on May 31, 2022May 31, 2022 By Sathya Shankar No Comments on Russia Considers Using Cryptocurrencies for International Settlements
Russia Considers Using Cryptocurrencies for International Settlements

Authorities in Russia are mulling over the possible use of digital currencies for international payments, a high-ranking official from the finance ministry has indicated. If recognized as property, he noted, cryptocurrency can be utilized in barter deals with foreign partners. Finance Ministry Suggests Russia May Employ Crypto in International Trade The possibility of using cryptocurrencies…

Read More “Russia Considers Using Cryptocurrencies for International Settlements” »

Updates

Study Shows the United States Is Home to 41% of the NFT Companies Worldwide

Posted on May 31, 2022May 31, 2022 By Sathya Shankar No Comments on Study Shows the United States Is Home to 41% of the NFT Companies Worldwide
Study Shows the United States Is Home to 41% of the NFT Companies Worldwide

According to a study called “A World of NFT Adoption” published by nftclub.com, the United States has the most non-fungible token (NFT) company headquarters in the world. While the U.S. captures more than 41% of the NFT companies worldwide, the second largest number of NFT startup locations stems from Singapore, as the country hosts over…

Read More “Study Shows the United States Is Home to 41% of the NFT Companies Worldwide” »

Updates

Despite Criminalizing Mining, Abkhazia Uncovers Another Crypto Farm

Posted on May 31, 2022May 31, 2022 By Sathya Shankar No Comments on Despite Criminalizing Mining, Abkhazia Uncovers Another Crypto Farm
Despite Criminalizing Mining, Abkhazia Uncovers Another Crypto Farm

Even after introducing fines and criminal liability for cryptocurrency mining, Abkhazia continues to find underground facilities for digital currency extraction. This week, law enforcement officials have confiscated dozens of mining devices from an illegal crypto farm. Abkhazia Shuts Down Crypto Farm, Seizes Mining Hardware Police in Abkhazia have closed down another crypto mining installation in…

Read More “Despite Criminalizing Mining, Abkhazia Uncovers Another Crypto Farm” »

Updates

Panama President Mulls Crypto Bill Approval Due to Money Laundering Concerns

Posted on May 31, 2022May 31, 2022 By Sathya Shankar No Comments on Panama President Mulls Crypto Bill Approval Due to Money Laundering Concerns
Panama President Mulls Crypto Bill Approval Due to Money Laundering Concerns

The president of Panama, Laurentino Cortizo, has declared he will not sign the recently approved cryptocurrency bill passed by the National Assembly of the country in its current form. Cortizo stated that one of his main concerns about the bill is the stance it takes regarding money laundering activities and crypto. Cortizo may approve some…

Read More “Panama President Mulls Crypto Bill Approval Due to Money Laundering Concerns” »

Updates

Dvision Network Announces Binance Custody as Its Custodian With DVI Token Supported

Posted on May 31, 2022May 31, 2022 By Sathya Shankar No Comments on Dvision Network Announces Binance Custody as Its Custodian With DVI Token Supported
Dvision Network Announces Binance Custody as Its Custodian With DVI Token Supported

PRESS RELEASE. In another groundbreaking achievement, the blockchain-based metaverse platform Dvision Network has just announced its official onboarding on Binance Custody. As such, Binance’s custody services arm will support deposits and withdrawals of Dvision’s native token, DVI, on its platform. The support for DVI token on Binance Custody will be provided in a cross-chain manner,…

Read More “Dvision Network Announces Binance Custody as Its Custodian With DVI Token Supported” »

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