Crypto news

INTERNET CITY, DUBAI, Aug. 25, 2022 – LBank Exchange, a global digital asset trading platform, will list Battle Infinity (IBAT) on August 26, 2022. For all users of LBank Exchange, the IBAT/USDT trading pair will be officially available for trading at 16:00 (UTC+8) on August 26, 2022. Aiming to revolutionize the traditional world of gaming, Battle Infinity (IBAT) integrates gaming with the metaverse and blockchain, providing a secure and limitless immersive experience to...

SCBX Pcl – formerly known as Siam Commercial Bank – withdrew its intentions to purchase a 51% stake in the crypto asset firm Bitkub for $500 million. The financial institution said the exchange needs to solve its regulatory issues before going back to the table. Despite being close to shaking hands with Bitkub, the organization scrapped plans to acquire a majority stake in the platform for 17.85 billion baht ($497 million). However, its decision is not final, and a possible...

Yong-beom Kim – First Vice Minister of South Korea’s Ministry of Economy and Finance from 2019 to 2021 – will join the blockchain and digital technology research institute Hashed Open Research as its Chief Executive Officer. The entity aims to act as a bridge between local cryptocurrency experts and the government. According to a document shared with CryptoPotato, Yong-beom Kim’s main task as a top executive of Hashed Open Research will be to establish a constructive dialogue...

The proposal to create Uniswap Foundation has received overwhelming support from the community members, paving the way for it to become a reality. Announcing the news, Devin Walsh, along with Ken Ng, had submitted the initial idea, tweeted Wednesday, “Last night our proposal to create the Uniswap Foundation passed its final vote!” Both Walsh and Ng are Uniswap community members and former Uniswap Labs executives. The proposal put to voting from August 17 to August 23 needed...

Well-known crypto influencer Ben Armstrong, aka “BitBoy Crypto,” recently filed a lawsuit against fellow YouTuber Erling Mengshoel Jr., aka Atozy. While the former claims that Atozy’s eight-month-old video titled “This Youtuber Scams His Fans … Bitboy Crypto” caused him significant distress and damage to his business and reputation, in addition to inflicting emotional distress, the community isn’t buying it. Even as BitBoy Crypto has his troupe of ardent followers, Armstrong...

Binance – the world’s largest crypto exchange – has released a statement explaining how it will ensure a smooth transition to a proof of stake (POS) Ethereum next month. In particular, it covered how it will compensate users in the event of an Ethereum fork, during which two different blockchains and versions of ETH could emerge.  Binance’s Merge Plan Per the company’s statement on Thursday, there are “two likely scenarios” that could occur during the merge that may impact...

Back in the days, when the Internet wasn’t so mainstream, one of the main problems that users faced was that domain names hadn’t been matched up to internet protocol (IP) addresses. This made them very unfriendly towards the average Joe, who had to type in the IP address of the website they wanted to visit, as in to literally type in the numbers. Unlike traditional IPs, cryptocurrency addresses represent even longer strings of numbers and letters. If a user wants to send...

El Salvador is beginning to feel the heat in the bitcoin kitchen. The Central American nation has tried so hard to buy bitcoin and make the digital asset part of its balance sheet that things ultimately worked a little too well. Now that the currency is sinking into oblivion, El Salvador is doing all it can to protect itself and keep its economy stable as digital assets strive to make a return. El Salvador Is Trying to Buy Back Debt The nation announced it was going to...

[PRESS RELEASE – Please Read Disclaimer] BC.GAME is thrilled to announce its partnership with Cloud9–one of the most famous esports organizations in the world! BC.GAME looks forward to this fruitful partnership as it extends its reach to all players in the esports industry. The team believes that this relationship is a new opportunity for it to keep building not just the platform but also the community around esports and igaming. BC.GAME’s players and the rest of the...

[PRESS RELEASE – Please Read Disclaimer] Over 8,700 attendees flocked to Asia’s biggest crypto conference in Seoul to gain insights into the future of Web3, DeFi, Metaverse, and more Seoul, South Korea (August 23, 2022) – FactBlock, the host of the action-packed Korea Blockchain Week 2022, is delighted to share that the fifth installment of Asia’s flagship blockchain event has been a roaring success. Over 8,700 builders, investors, policymakers, executives and enthusiasts...