Balancer’s original token, BAL, appears to be holding up despite the platform’s security issues. Friday, January 6, DeFi project tweeted statement asking liquidity providers on the platform to withdraw tokens from certain pools valued at $6.3 million. Through its official…
Scuderia Ferrari, the racing division of luxury carmaker Ferrari, has joined a growing list of Formula One racing teams to end their partnership with cryptocurrency sponsors. Ferrari pulled out of a multi-year partnership agreement with Velas Blockchain and chip manufacturing…
The creation of smart contracts and Web3 interfaces has led to a new genre of play-to-ear or nonfungible token (NFT) video games. But during the crypto bull market of 2021 and the subsequent crash in 2022, many games in this…
The retail industry is one of the most important sectors of the United States economy. Unfortunately, the COVID-19 pandemic has left the trillion-dollar retail sector vulnerable to shoplifting. Findings from the National Retail Federation’s 2022 Retail Security Survey show that…
Bankruptcy crypto exchange FTX’s plans to sell digital currency futures and clearinghouse LedgerX, among other businesses, were challenged by the US Trustee on January 7, according to Reuters. As per the submission, US Trustee Andrew Vara asked for an independent…
Bitcoin price has been struggling below $17,000 for several weeks now, and recently dropped below the $16,900 mark. This step down in the Bitcoin chart can be attributed to the Federal Open Market Committee (FOMC) recent minutes. The minutes of…
This Week’s Top Stories Sam Bankman-Fried entered a plea of not guilty to all counts in federal court Former FTX CEO Sam Bankman-Fried (has pleaded not guilty to all charges related to the collapse of the crypto exchange, including wire…
On-chain data shows Bitcoin exchange depositing transactions are currently at a 4-year low, indicating that the bottom may be here. Bitcoin 30-Day MA Exchange Depositing Transactions Have Refused As indicated by the analyst in the CryptoQuant post, the current level…
United States prosecutors are investigating the hedge fund’s ties to cryptocurrency exchange Binance for money laundering violations. According to an anonymous source cited by the Washington Post, the US attorney’s office for the Western District of Washington in Seattle subpoenaed…
TRON founder Justin Sun, rumored to be the shadow owner of Huobi Global, has confirmed that the crypto exchange is laying off a significant number of workers. This happened amid several rumors circulating in the crypto community, all of which…