Highstreet Price Soars 142% as Binance’s CZ Affirms Interest in Metaverse

Von admin

• Highstreet (HIGH) token has seen a 142% increase in price over the last week and a 228% increase in the past month. • The surge was triggered by Binance CEO CZ’s remarks that Binance would invest in virtual reality or metaverse games. • Highstreet raised funds from investors such as Mechanism Capital, Cherubic Ventures,…

Galaxy Digital Acquires GK8, Boosts Asset Custody Business

Von admin

• Celsius cleared out all the balances held on the GK8 unit, including $1.1 million ADA and $1.1 million MATIC. • Galaxy Digital won the auction to purchase the GK8 platform from Celsius. • Galaxy Digital will now need to expand its staff and hire 40 new staffers, blockchain engineers, and cryptographers. Celsius, a cryptocurrency…

Reset Dates Set for Hedera Hashgraph Testnet: Keep Your Data Secure!

Von admin

• Hedera Hashgraph will reset their mirror and consensus node test networks every quarter, starting January 26th, 2021. • The reset will start at 17:00 UTC and is estimated to take approximately 120 minutes, during which time the Hedera testnet will be offline. • Developers are urged to keep track of the reset dates in…

CME Launches Reference Rates for AXS, CHZ and MANA Tokens

Von admin

• The US’s largest and most diversified derivatives market, the Chicago Mercantile Exchange (CME) announced the launch of reference rates for Axie Infinity (AXS), Chiliz (CHZ) and Decentraland (MANA) • CME Group’s head of cryptocurrency products, Giovanni Vicioso pointed out that neither the reference rates nor the indexes will be tradeable products and are meant…

Secure Your Digital Currency Transactions with Crypto Mixers

Von admin

• Cryptocurrency mixers are services designed to help users maintain their privacy and anonymity when making cryptocurrency transactions. • Crypto mixers break up large amounts of coins into smaller ones and mix them with other users‘ coins, making it extremely difficult for anyone to track who owns what. • The benefits of using crypto mixers…

Secure Your Funds & Maintain Anonymity: Benefits of Crypto Mixers

Von admin

• Cryptocurrency mixers are a technical service designed to help users maintain their privacy and anonymity when making cryptocurrency transactions. • Crypto mixers break up large amounts of coins into smaller ones and mix them with other users‘ coins, making it extremely difficult for anyone to track who owns what. • Benefits of using a…

18 FTX Clients File $1.9B Claim to Protect Rights in Liquidation Process

Von admin

• 18 FTX clients filed a limited objection to the company’s liquidation procedures for four subsidiaries. • The committee has claimed that client money may have been used to maintain or acquire these businesses. • They have formed an ad hoc advisory board of non-US citizens and have filed the constrained opposition with a claim…

Bahamian Regulator Seizes $3.5B in FTX Client Assets to Protect Investors

Von admin

• The Securities Commission of the Bahamas has been temporarily holding more than $3.5 billion in FTX client assets. • FTX, Alameda Research, and more than 130 other affiliates filed for bankruptcy in the United States, leading the local FTX organization to turn over management of the client assets it had been holding to the…

ARK Invest Buys $5M Worth of Coinbase Shares Despite Crypto Bear Market

Von admin

• Cathie Wood’s ARK Invest has added 158,000 shares of Coinbase (COIN) worth $5 million to its ARK Fintech Innovation Exchange-Traded Fund (ETF). • The year 2022 has been a difficult one for the entire crypto market, with the Bitcoin price dropping by 70% and Coinbase delisting several tokens due to low trading activity. •…

Dogecoin Dev Debunks Rumors of Switch to Proof-of-Stake

Von admin

• Michi Lumin, the leading developer for dogecoin, used Twitter to debunk speculations that dogecoin would switch to proof of stake • Dogecoin uses a „proof-of-work“ (POW) consensus method, and the „proof-of-stake“ (POS) consensus mechanism depends on staking • Since dogecoin relies on „consensus,“ according to Lumin, an individual or organization can’t intend to convert…