Tag Archives: social

The decentralized exchange Uniswap enabled NFT trading on its platform by listing digital collectibles a part of leading marketplaces, such as OpenSea, LooksRare, Sudoswap, and more. The initiative comes a few months after Uniswap acquired the NFT aggregator Genie. The DEX revealed that as of today (November 30), its users could trade a variety of non-fungible tokens across major marketplaces. It also vowed to airdrop $5 million worth of USDC to previous clients of the NFT...

Two robbers reportedly deceived an Asian investor and his friend with a fake bitcoin scheme and stole nearly $50,000, three phones, and documents from them. The Criminal Court sent the wrongdoers to jail for three years and ordered their deportation once going out of prison. Crime in Dubai According to a recent coverage, the assault happened last July in the Mankhool area of ​​Dubai. Back then, an undisclosed individual and his friend decided to invest in bitcoin and found a...

India’s largest and most advanced government-run hospital, more popularly known by its acronym AIIMS (The All India Institute of Medical Sciences), suffered a hack of its servers on November 23.  Even as they remained out of order for the sixth consecutive day, a new twist emerged in the ongoing multi-agency investigation and restoration effort.  A leading news agency on Monday claimed that Rs 200 million ($25 million) in ransom has been asked by the attackers to restore...

Cryptocurrency exchange Huobi announced the launch of the world’s first national token, DMC (Dominica Coin) and Dominica DID, under the authorization of the government of the Commonwealth of Dominica. For the project, Huobi tapped Tron Network and DMC Labs. According to the official press release, both Dominica DID and DMC were originally issued on the Tron Network. Support cross-chain interaction with Ethereum, BSC, and other public chains via the BitTorrent Chain protocol...

According to recent data, projects on the Cosmos ecosystem surpassed that of Cardano by a small margin. Cosmos, with 603 commits, currently trails only behind Ethereum, with 806 commits. GitHub activity essentially indicates which projects are receiving attention from devs and are being meticulously developed. Given the tepid market conditions, Cosmos’ increased activity hosting service is a good sign. The ongoing bear market can be viewed as a builder’s market. This is due...

Leading American cryptocurrency exchange Coinbase has on-boarded new executives to lead its expansion plans in Europe, the Middle East, and Africa (EMEA) despite the intense bear market pushing several crypto entities into bankruptcy.   According to the exchange, the appointments are part of its ”Go Broad and Go Deep strategy’ for global expansion, which the company announced in Q3. CryptoPotato reported in July that Coinbase sought regulatory approval from several European...

Bitfront – a cryptocurrency platform operated by internet company LINE Corporation – announced it will cease its services as of March 31, 2023. The entity asserted that its decision is not related to the recent collapse of FTX. The US-based exchange Bitfront informed its customers they should withdraw their assets by the end of March 2023 as it will halt all services and delete their information after that date.  It has already suspended new registrations and credit card...

El Salvador’s government doubled down on its crypto initiatives by creating a National Bitcoin Office (ONBTC) that will oversee all local projects related to the asset. The new agency will also be able to cooperate with other countries in matters associated with BTC. Enter ONBTC Despite the prolonged bear market, El Salvador’s authorities seem determined to advance their bitcoin strategy. According to a recent LinkedIn post, the government created a National Bitcoin Office...

The quick downfall of FTX with an $8-10 billion deficit in its balance sheet has left the broader cryptocurrency market reeling under its cascading effects. Besides Proof of Reserves (PoR) and Reserves to Liability (R2L) Ratio data, Indian crypto exchanges, battling low volume caused by high taxation and an unfriendly regulatory environment, have responded to the evolving situation with some fresh initiatives. Polygon CEO’s Self-Custody Buzz Polygon CEO Sandeep Nailwal was...

Bitcoin keeps trading without any substantial movements, similar to the previous weekend, and seems stuck around $16,500. Its dominance has taken another minor hit as some alts, such as Dogecoin and ApeCoin, have jumped by impressive percentages. APE, DOGE Pump Higher Most of the larger-cap alternative coins stand quiet today, with little-to-no movements, which is somewhat expected as the trading volumes are down again during the weekend. Ethereum, Binance Coin, Ripple,...