Crypto news

Citing legal issues it’s facing in some European countries, Singapore-headquartered CryptoCom has backed out of a $495-million sponsorship deal with Union of European Football Association (UEFA) Champions League. Regulatory Issues Behind Scrapping of Deal The cryptocurrency company that offers trading, DeFi, and wallet services, among others, was set to replace Russian oil major Gazprom as the sponsor for the next five seasons, up to 2027. UEFA ditched the deal with Gazprom...

Alexander Vinnik – a Russian national that a few years back, was sentenced to spending five years in a Paris prison for crypto crimes – is being sent from Greece to the United States where he will face trial and possible sentencing for his role in a crypto scam that may have cost investors millions of dollars. Vinnik Is Coming to America Vinnik has been accused of various hacking and extortion schemes. He has also been accused of running a multibillion-dollar crypto...

Binance.US – the American division of Binance, arguably the largest and most popular digital currency exchange in the world – has removed the Amp token given that the Securities and Exchange Commission (SEC) views the asset as a potential security. Binance does not want to get in the middle of what could be a huge legal fight and is apparently removing the token from its listings altogether. Binance Says “No” To Amp Listing There is growing concern as of late about the...

Arcane Research – a digital asset analysis firm – has published a report examining Bitcoin mining, and its relationship with global energy.  The paper argues that the mining industry can transform worldwide energy production for the better – contrary to its frequent portrayal as a social and environmental harm.  Reinforcing the Grid and Renewable Technologies The report, published on Wednesday, provides four ways in which mining can improve energy systems in a desirable and...

The total cryptocurrency market capitalization dropped below $1 trillion on Saturday as the majority of altcoins are bleeding out. Bitcoin also dropped below the coveted $20,000 as the bulls failed to produce any meaningful increases. Bitcoin Below $20K The primary cryptocurrency has failed to chart any notable increases in the past 24 hours and is down some 1.3%. The bulls attempted to push the price upwards on a few occasions but were unable to do so. Eventually, this...

INTERNET CITY, DUBAI, Sep. 1, 2022 – LBank Exchange, a global digital asset trading platform, has listed GYM Network (GYMNET) on September 1, 2022. For all users of LBank Exchange, the GYMNET/USDT trading pair is now officially available for trading. Providing the perfect workout for user’s tokens, GYM Network (GYMNET) is a DeFi aggregator investment system that gives its users access to the best DeFi returns while making DeFi, crypto, finance and metaverse easy to use...

Hongkong, China. Sep.1 2022- Ms-meta, a decentralized, community-driven urban ecosystem created by MAXXSAAS (HK) TECH. LIMITED, will launch a beta version in early September. Ms-meta uses cutting-edge technology to create a digital twin city of Hong Kong in the Metaverse, based on the city’s geomorphological features, as well as its thriving and diverse culture and booming economy. In the metaverse scenarios, Ms-meta uses next generation modeling and neural radiance...

INTERNET CITY, DUBAI, Aug. 31, 2022 – LBank Exchange, a global digital asset trading platform, will list TownCoin (TOWN) on September 2, 2022. For all users of LBank Exchange, the TOWN/USDT trading pair will be officially available for trading at 21:00 (UTC+8) on September 2, 2022. As the world’s first play and earn town builder developed by Gala Games, Town Star enables players to own their in-game items and earn rewards for playing. Its native token, TownCoin (TOWN)...

As the world’s first fully functional blockchain-based photo and video sharing social network, Pixie attracted big attention when it first launched and has steadily accumulated more than 200,000 users ever since. The birth of Pixie is revolutionary because it utilizes blockchain to achieve what traditional social networks cannot offer, namely 1) giving users the ownership of their data; 2) creating a “creator crypto-economy” model that incentives users to continually...

INTERNET CITY, DUBAI, Aug. 31, 2022 – LBank Exchange, a global digital asset trading platform, will list Vanesse (VNES) on September 5, 2022. For all users of LBank Exchange, the VNES/USDT trading pair will be officially available for trading at 16:00 (UTC+8) on September 5, 2022. Utilizing the power of blockchain technology, Vanesse (VNES) builds a reliable auction ecosystem that allows users to participate in auctions of various products anytime, anywhere conveniently...