Nynu V Jamal
Binance Assures Transparently Backed Assets: Semi-Automated System
Binance has shifted to a semi-automated process to manage the reserves of its tokens. The system ensures that the tokens are pegged correctly, without being…
NY Attorney General Accuses CoinEx as an Unregistered Exchange
The New York Attorney General alleged CoinEx for not registering with the state. The Attorney General claimed that the exchange had been functioning as an…
Bitcoin Mining Using Sustainable Energy has Grown Since 2021
Bitcoin mining using sustainable energy has been growing since 2021, reaching more than 50%. The energy consumption of Bitcoin mining has been a topic of…
Major Crypto Firms Eliminate Employees: Layoff Rate Increases
Crypto layoffs have been continuously affecting employers of Web3 space. Major crypto firms eliminated a substantial percentage of their employers. The layoff of January alone…
Blur Announces Distribution of 300+ Million Tokens in Season 2
Blur announced that more than 300 million BLUR would be distributed in Season 2. The platform said that the tokens would be provided based on…
Paxos Reiterates Commitment to Regulation, Ends Binance Relationship
Paxos Trust Company shared the company CEO’s message with the Paxos team. In the message, he talks about the company’s commitment to regulations. He declared…
Beijing Lays Support for Hong Kong’s Dream to be a Crypto Hub
The Chinese Government has been supporting Hong Kong to accomplish the city’s dream to be a crypto hub. The support seems contrasting to the mainland’s…
DIFC Authorizes and Engages Hedge Funds Globally; Reports Suggest
Dubai’s financial center has been discussing establishing a business hub in the Middle East. More than 50 hedge funds were included in the discussion where…
Galois Capital Shuts Down: Remaining Assets Will Reach Investors
Galois Capital has decided to stop trading after being victimized by FTX's fall. A major share of the fund was trapped at FTX during its…
Korean Kimchi Premium Flips, Favourable Condition for Investors: Analyst
Reports suggested that the Korean Kimchi Premium flipped to a discount. Analyst Doo Wan Nam tweets that the time is perfect for investors to earn…
