The Office of Foreign Assets Control’s (OFAC) tryst with the crypto industry dates back to 2018 when it designated two Iran-based individuals of malicious cyber activity. There has been no looking back since. More recently, the bombshell announcement that the US Treasury Department banned American citizens from using Tornado Cash, has had industry leaders abuzz. While sanctions did reduce Tornado Cash’s activity, a recent report by Chainalysis shows that it is not easy to...
Read More »BlockFi to Reveal Statement of Financial Affairs on January 11th
BlockFi said it plans to disclose assets and liabilities, as well as statements of certain payments made by the platform to insiders and other parties prior to its bankruptcy filing in November. In the latest update, the embattled crypto lending announced it would file both its Schedules of Assets and Liabilities and its Statement of Financial Affairs with the Court on January 11, 2023. “BlockFi looks forward to continuing its open dialogue with the UCC, U.S. Trustee, and all...
Read More »Sandeep Nailwal’s Beacon Accelerator Names First 13 Companies to Participate
Polygon founder Sandeep Nailwal has unveiled the first 13 Web 3 companies to participate in Beacon, his newly launched startup accelerator. The team has confirmed that companies involved in the next cohort will each receive $250,000 in support, for an $8 million post-money valuation. Fostering Web3 Growth Nailwal announced Beacon’s launch late last year, with the goal of helping Web 3 founder navigate the challenges of the industry. It uses weekly sessions and mentoring to...
Read More »Woo Network (WOO) Surges 20% as Project Announces Major Coin Burn
Woo Network is a DeFi liquidity provider for institutional platforms and has attracted equity investments from backers like Binance. Revamped Tokenomics for Woo The Woo Network tokenomics revamp involves a series of improvements to its token distribution, the team announced on Monday, (January 10, 2023). These improvements are part of efforts to address issues regarding the current token distribution. Woo’s token revamp will begin with a planned burn of 705 million WOO...
Read More »5 Bullish and 2 Bearish Cases for DeFi Going Into 2023 (Opinion)
The DeFi world, along with the rest of the cryptoverse, is still in the grip of fear and dread. 2022’s crypto winter continues with no clear end on the horizon. With still no sight of a near-term market bottom forming, some investors have even taken to wondering if DeFi is dead on arrival altogether. But there are some inspiring data about the health and usage of the most prominent DeFi ecosystems today. The winners will go on to keep playing through the next big crypto...
Read More »Mark Mobius Says Bitcoin Could Fall to $10K
The price of bitcoin has taken several hard hits over the past 14 months, but according to legendary investor Mark Mobius, he thinks things are going to get a lot worse before they get better. In fact, he sees the world’s number one digital currency by market cap falling to a new low of $10K before it begins its rebound. Mark Mobius Isn’t Crazy About Bitcoin Mobius has never been a bitcoin fan. At times, he’s referred to it in rather derogatory ways, even calling it a...
Read More »All in Web3? Where will BTC go in 2023? FAMEEX united 9 projects hosted a popular Twitter Space with users.
After the crypto market crash in 2022, BTC supporters and crypto investors are left wondering where the market will go in 2023 and while enduring the massive loss. Will Web3 drive a resurgence in the crypto industry? Will DAO become the preferred form of alternative corporate organization? On January 9, 2023, FAMEEX held a popular Twitter space with several projects to discuss the future of Web3. Nearly 500 users participated in the discussion, including Cybermartians,...
Read More »Smile Versicherung ermöglicht Versicherungsabschluss im Metaverse
Als erste Versicherung macht die Digitalversicherung Smile ihre Dienstleistungen und Services im Web 3.0 erlebbar. Als erste Versicherung macht die Digitalversicherung Smile ihre Dienstleistungen und Services im Web 3.0 erlebbar. Darunter fallen täglich buchbare, virtuelle Kundenberatungen sowie greifbare Autoschäden in der neuen smile.meta Garage. Die technische Unterstützung für das Projekt wurde vom Zuger IT- Beratungsunternehmen Inacta AG...
Read More »Bitpanda: Das waren die meistgekauften Aktien
Meistgekauften Aktien im Dezember: Bitpanda hat in einem Tweet publiziert, welche Aktien auf der Wiener Plattform am meisten gehandelt wurden.. #1 Tesla #2 Amazon #3 AMC #4 Mullen #5 Apple Die meistgehandelte Aktien pro Land: To really kick the new year into gear, let’s look back at the old one… the top traded stocks* of December 2022 to be exact. Which of these do you have in your portfolio? ? pic.twitter.com/F32IX3v0fd — Bitpanda...
Read More »JPMorgan CEO Jamie Dimon Reiterates Bearish Stance on Bitcoin and Other Virtual Assets
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