The fallout of FTX, a crypto exchange platform has brought about turmoil in the blockchain industry. Key industry experts and analyst have given their opinion on what they think resulted in the company’s liquidity issues and what they think about the CEO, Sam Bankman-Fried before and after the company’s crisis. Bankman-Fried has been alleged to … Continue reading Elon Musk Weighs in on Sam Bankman-Fried Post FTX Meltdown
The dramatic market reversal that occurred in the cryptocurrency arena resulted in the liquidation of many traders. According to the data that was shown on the blockchain, the attackers responsible for the BNB Smart Chain vulnerability, which resulted in the theft of nearly $600 million worth of BNB tokens, were also liquidated. On October 6th, … Continue reading BNB hacker liquidates from market meltdown, loses $53M
In a recent announcement on the Worldcoin blog, it has been revealed that World Assets Ltd., a subsidiary of the Worldcoin Foundation, plans to sell WLD tokens from the World Assets treasury to meet the growing demand for orb-verified World IDs and support the expansion of the Worldcoin network. The majority of the currently circulating … Continue reading Worldcoin Announces Circulating Supply Update and Sales to Trading Firms
An appeal has been submitted by the Australian Securities and Investments Commission (ASIC) against a decision made by a federal court that rejected the action that it had brought against Finder Wallet Pty Ltd and its cryptocurrency product known as “Earn”. The court had previously determined that Finder Wallet was in accordance with the laws … Continue reading ASIC Appeals Federal Court Ruling on Finder Wallet's "Earn" Product
With the number of blockchain start ups booming these years, so does the blockchain ecosystem that support and cultivate the next potential market disrupters. And whether it is for ICO, raising money, or consulting on critical business issues, they are all crucial factors for the success of start up. And getting an advice from a … Continue reading Online interview with CEO of Block Chain Impact Hugo Jacques on blockchain advisory and investment
Bitcoin’s dominance is up by 1% (68.6%), the total market cap is down by 3.9% ($296bn)‚ and overall volume is down by 20% ($48bn) on the previous week. Bitcoin is down by 2.2%, Ethereum by 7.9%, XRP is down by 7.6%, and Litecoin by 10.8%. The best performers among the top-30 crypto were Binance Coin … Continue reading Digital Assets Market Update 12 August 2019
The Securities and Exchange Commission in Zambia has issued a statement warning the general public that the creator of OnyxCoin Kwakoo is in no way a licensed investment advisor and should not solicit funds from within or outside the country. The CEO of the commission was reported to have made this statement as relayed by … Continue reading Zambia SEC Warns Crypto Enthusiasts About Making Investments in Onyxcoin Cryptocurrency
The Thai Securities and Exchange Commission (SEC) has unraveled the latest crypto scam whereby potential investors are coerced into functioning with overseas companies. According to the Bangkok Post, the Thai regulator is knowledgeable about various illegitimate companies taking part in the purported scam identified as FX trading corporation. Notably, this entity does not have any … Continue reading Beware of an Overseas Crypto Scam, Thai Regulator Stipulates
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF THAT JURISDICTION THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR IMMEDIATE RELEASE 13 September 2019 Rejection of Conditional Proposal from HKEX Further … Continue reading Breaking: London Stock Exchange Rejects £32B Takeover Offer from HKEX
Former CEO of overstock.com, Patrick Byrne The former CEO of overstock.com, Patrick Byrne and former CFO Greg Iverson have been charged for securities fraud regarding the payout of dividends. The lawsuit specifically states the issue with the launch of tZERO (Overstock’s token trading platform), and a digital security token that was to be used to … Continue reading Former CEO of Overstock Patrick Byrne Charged for Security Fraud