Monty Metzger, CEO der LCX AG, spricht in einer Keynote über das Internet of Value. LCX, ein führendes Blockchain- und Cryptocurrency-Unternehmen, freut sich bekannt zu geben, dass es die Zulassung als Physical Validator nach dem Liechtensteiner Blockchain-Gesetz (TVTG) erhalten hat. Damit ist LCX das erste und einzige Unternehmen in Liechtenstein sowie das erste Unternehmen weltweit, das diese Zulassung erhalten hat. Als Physical Validator ist...
Read More »Former BlockFi Executive to Lead Google’s APAC Web3 Division
Rishi Ramchandani – a former executive at the bankrupt crypto platform BlockFi – became the APAC Web3 Lead of Google. The world’s largest search engine argued earlier this year that Web3 is a market that demonstrates “tremendous potential” and established a dedicated team. Finding Shelter in Google In a recent post on LinkedIn, Ramchandani said he feels “excited” to step into his new role in the multinational technology company. His main goal will be to advance Google’s Web3...
Read More »Waves Founder Unveils New ‘Undepeggable’ Stablecoin Amidst USDN Crisis
Waves blockchain platform founder, Sasha Ivanov, announced plans to launch a new stablecoin as Waves-backed Neutrino Dollar (USDN) failed to secure its peg. As per the Twitter update, Ivanov vowed that the new stablecoin would be “undepeggable.” The Waves founder also revealed that there will be a “USDN situation resolution plan set in motion before” but provided no details with regard to the timeline. “It’s just it’s time to create a protocol more attuned to the current...
Read More »Core Scientific Noteholders Seek 97% Company Acquisition in Bankruptcy Restructuring
Bankrupt Bitcoin miner Core Scientific may be about to forfeit nearly all corporate equity in order to pay off its debt. Owners of the company’s convertible notes are seeking a 97% acquisition of the firm in return for up to $75 million of debtor-in-possession financing. Core Scientific’s Restructuring Plan As announced by the mining firm on Wednesday, the Ad Hoc Noteholder Group intends to provide $56 million to Core Scientific, with the remaining $19 million coming from...
Read More »Crypto Marketplace Paxful Delists Ethereum to Maintain “Integrity”
Ray Youssef – founder and CEO of peer-to-peer crypto marketplace Paxful – announced on Wednesday that Ethereum will soon be booted from its marketplace. The CEO argued that the second largest cryptocurrency is working against his company’s mission to free humanity from “economic apartheid.” Paxful’s Problems With Ethereum Per a tweet from Youssef, ETH will no longer be tradeable on Paxful as of December 22nd, 2022. “Revenue is nice, but integrity trumps all,” he wrote in an...
Read More »Aussie Crypto Platform Cancels $1 Billion Merger Plan After FTX Crash: Report
The Aussie cryptocurrency exchange – Swyftx – and the investment platform – Superhero – have reportedly abandoned the previously planned $1 billion merger deal. Some of the main reasons are the enhanced control over crypto firms in Australia and the diminishing interest in digital assets following the spectacular collapse of FTX. Swyftx Takes Another Punch As reported by The Australian Financial Review, Swyftx will sell Superhero back to its founders – John Winters and Wayne...
Read More »Mark Cuban Is Mad About What’s Happened with FTX
Mark Cuban is not happy about what’s happened with FTX, and he’s taking to social media and other online platforms to express his disappointment. Mark Cuban Isn’t Happy About the FTX Fall The FTX collapse rocked the crypto world. What was long considered one of the biggest players in the digital currency world has suddenly come crashing down without notice, and its fall from grace has led to several repercussions. Allegedly experiencing a liquidity crunch, the company...
Read More »Bitsgap Introduces Trading Bot Updates in Time for Christmas Sale
[PRESS RELEASE – Please Read Disclaimer] Bitsgap has completed the major redesign of its three most successful crypto trading bots ahead of the Christmas sale Tallinn, Estonia — Bitsgap, one of the biggest crypto aggregators, has completed the redesign of its main crypto trading bots in time for the holiday season, offering all annual plans at a discounted price. Despite the crypto downturn, the Bitsgap team has had a busy few months, redesigning its most successful bots and...
Read More »Coinbase Predicts Extended Crypto Winter for Altcoins
In a market outlook report published on Dec. 20, Coinbase Institutional stated that the crypto winter will extend well into 2023, especially for altcoins. Company analysts expect digital asset selection will transition towards “higher quality names” like Bitcoin and Ethereum. This is based on several factors, such as sustainable tokenomics, the maturity of respective ecosystems, and relative market liquidity. They were not confident that altcoins would see much momentum next...
Read More »Environmental Cryptocurrency LGC Released in Europe
A new green version of cryptocurrency is being unveiled in the town of Vienna, Austria. Known as Live Green Coin (LGC), the asset is set to make a lot of environmentally concerned people very happy given there have been several arguments over the years that digital currency is going to somehow bring the Earth to its knees. LGC Is Here! Robert Kun – CEO and founder of LGC – explained in a recent statement: It is with great happiness and genuine excitement that we announce...
Read More »