Proof-of-work is a feature, not a flaw, says Kadena CEO
The former JPMorgan executive believes that the Proof of Work is a feature. He pointed out that Kadena is not ready to move away from the Proof of Work mechanism…
Looking Glass Labs announces a strategic development partnership with Cavrnus
Looking Glass and Cavrnus partner to deliver clear metaverse innovation and commercialisation strategy. Brands and creators will have access to powerful, user-friendly metaverse builder and deployment tools. The partnership seeks…
Tel Aviv court allows Israel to seize crypto in over 150 blacklisted wallets
The Israeli government had blacklisted more than 150 wallets for links to terror groups. The Israeli government can now take custody of all the cryptocurrencies in these blacklisted wallets. Previously,…
NYDFS: Banks must seek approval before engaging with crypto
New York Department of Financial Services published the new guidelines on 15 December 2022. All banking organisations must apply for permission to undertake any crypto activities. The regulatory guidelines are…
Decentraland Price Prediction: Metacade Seems to Be a Better Option
The metaverse looks increasingly poised to become a major player in the tech world in the next few years. As more and more major companies are joining in, it looks…
This week in crypto: SBF arrested in The Bahamas
Authorities have arrested Sam Bankman-Fried in the Bahamas. Binance reserves are accounted for, says CryptoQuant. Ark Invest continues to invest in Coinbase. Sam Bankman-Fried has been arrested Sam Bankman-Fried, the…
We can meet 100% of withdrawals, says Binance’s Changpeng Zhao
CZ dismisses concerns over whether Binance could handle a $2.1 billion withdrawal. The CEO confirmed that the crypto exchange could meet 100% of withdrawals on its platform. Binance has very…
FTX collapse hearing: Kevin O’Leary says Binance caused the FTX implosion
Investor Kevin O’Leary is a hired FTX spokesperson in the ongoing FTX hearing. O’Leary has asserted that Binance was behind the collapse of FTX. Kevin however told the committee that…
FTX seeking to auction its functioning businesses including LedgerX
FTX lawyers are seeking permission from a US bankruptcy court to be allowed to sell their businesses. The businesses that FTX seek to auction were only acquired recently. FTX wants…
CryptoQuant confirms Binance reserves are accounted for
Binance has faced a FUD storm in the past few days about its reserves. Binance has also been in the spotlight amid the ongoing FTX collapse hearing. Blockchain analytics provider…