Genesis Capital Files for Chapter 11 Bankruptcy Protection: What it Means for Digital Currency Group and the Crypto Industry
Digital Currency Group (DCG) has released a statement regarding the chapter 11 bankruptcy filing of its subsidiary, Genesis Capital. It reassures that DCG and its other subsidiaries will continue to operate as usual while working towards an amicable solution for all parties involved
Crypto Volatility Index: The VIX of Crypto
The Crypto Volatility Index, or CVI, serves as a decentralized version of the VIX (CBOE Volatility Index) for the cryptocurrency market. It allows users to protect themselves against fluctuations in market volatility and the potential for impermanent loss.
FED to Potentially Stop Raising Rates
The U.S. Federal Reserve could potentially conclude its cycle of raising interest rates after increasing them by 25 basis points at its next two policy meetings
Ecosystem Vault, a decentralized funding system by Fantom
Ten percent of all network transaction fees will be allocated to the vault to fund new initiatives. Funding requests will be considered only after projects submit governance proposals and receive consensus through an on-chain vote
FTX attracted African customers by promising crypto protection from rising inflation
According to the Wall Street Journal, FTX advertised itself in Africa by implying that cryptocurrency would protect people's money from inflation
Saga: The Future of Mobile Meets Web3 in this State-of-the-Art Smartphone
A comprehensive article detailing the features and capabilities of the new Saga smartphone, including its advanced cameras, world-class materials, stunning display, Android 13 operating system, and integration with the Solana ecosystem for secure transactions and access to popular dApps
LBank Partners up With Chung-Ang University to Nurture Web3 Talent
Global crypto exchange LBank will grant top talent at the Korean university access to internship programs, lectures, fundraisers and incubators for Web3 startups
Bitget sees largest market share growth after FTX bankruptcy
The exchange surged into the Top 3 derivatives exchange list with a 2.6x market share increase
19 Jan 2023
BlockchainSpace Makes An Exceptional Move For Web3 Community Support With Metasports Acquisition
BlockchainSpace CEO and Founder Peter Ing, Metasports CBO and Co-Founder Lars Hernandez, and Metasports CEO and Co-Founder Joe Josue are optimistic that the majority acquisition of Metasports will make waves in Web3 and bring great value to their stakeholders in the coming years
19 Jan 2023
XREATORS Launches On January 25th: An NFT Marketplace For Digital Content And IP Merchandise
XREATORS will exclusively reveal highly collectible and attractive NFTs from all over the world. Not to mention their plans to continuously introduce previously unreleased content
19 Jan 2023
Nexo Agrees to Pay $45 Million in Penalties and Cease Unregistered Offering of Crypto Asset Lending Product
The Securities and Exchange Commission today charged Nexo Capital Inc. with failing to register the offer and sale of its retail crypto asset lending product, the Earn Interest Product (EIP)
19 Jan 2023
Ukraine may be the best cryptocurrency jurisdiction
Mykhailo Fedorov, the vice prime minister of Ukraine and the country's official in charge of digital transformations, recently told the media at Davos 2023 that his country is likely to become the best jurisdiction in the world for crypto assets
