November 2022 | Page 5 of 144 | Last Cryptocurrency News Feed

CoinCRED-Backed Gyre Network Launches in the Cryptocurrency Market

[PRESS RELEASE – Please Read Disclaimer] CoinCRED, the newly-entered U.A.E. exchange, has officially announced its collaboration with a new-age crypto project, GYRE NETWORK. The year-old exchange is well aware of the current market situation, but it states that the partnership is a strategic move that will help both parties to provide a great experience to…

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The Everdome Mars Mission Launches From Hatta

[PRESS RELEASE – Dubai, UAE, 30th November 2022] The countdown has begun for Everdome’s first rocket launch, as the world’s most hyper-realistic metaverse project gets ready to send its first metaverse pioneers on the first stage of an epic journey to Mars at 5pm GST today. Viewers from across the world are invited to be…

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FTX’s Crash Had a ‘Very Limited’ Impact on Singapore’s Economy, Claims DPM

Lawrence Wong – Deputy Prime Minister of Singapore – said major local financial institutions have “insignificant” exposure to cryptocurrencies and digital asset companies. As such, the gigantic crash of FTX earlier this month is likely to have a minor impact on the domestic financial network, he added. Singapore Remains Unfazed by the Collapse The FTX…

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Singapore’s Temasek sees ‘reputational damage’ due to FTX, official says

Despite writing down its $275 million investment in FTX, Temasek still apparently holds its investments in many other crypto-related businesses. 656 Total views 4 Total shares Singapore government-owned investment firm Temasek has suffered a lot more than just financial losses due to investing in FTX, according to Deputy Prime Minister Lawrence Wong.Wong, who is also…

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Festivals in the metaverse: How Web3 projects are taking culture virtual

The metaverse is the future, or so is the claim of many interacting with the industry — a claim that can be backed up by the amount of activity pouring into the Web3-metaverse domain. Engagement in the metaverse of 2022 is looking less like a Sims-esque video game and more like government agencies creating virtual offices…

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Illicit cross-chain transfers expected to grow to $10B: Here’s how to prevent them

Improved blockchain analytics will become increasingly important to combat the use of cross-chain bridges for illicit means, which are estimated to surpass $10 billion in value by 2025.Blockchain analytics firm Elliptic forecasts a 60% rise in the value of illicit cryptocurrency laundered through cross-chain bridges from $4.1 billion in June 2022 to $6.5 billion next…

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European Central Bank blasts Bitcoin —community responds

After the European Central Bank released a blog post on the shortcomings of Bitcoin, the crypto community on Twitter took to the comments to defend the cryptocurrency. 801 Total views 14 Total shares In light of the recent FTX collapse and liquidity scandal, regulators in the European Union have joined other global lawmakers in a…

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Structural Adjustment: How The IMF And World Bank Repress Poor Countries And Funnel Their Resources To Rich Ones

The IMF and World Bank do not seek to fix poverty, but only to enrich creditor nations. Could Bitcoin create a better global economic system for the developing world?This is an opinion editorial by Alex Gladstein, chief strategy officer of the Human Rights Foundation and author of “Check Your Financial Privilege.”I. The Shrimp Fields“Everything is…

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Digital identity platform integrates with zkSync for on-chain KYC

RNS.ID’s on-chain KYC solution is designed on a “privacy engine” to encrypt users' data. 201 Total views 1 Total shares RNS.id, a digital Web3 identity platform developed to support the application and issuance of sovereignty-backed IDs, announced on Nov. 30 that it is integrating with zkSync for on-chain KYC. RNS.ID indicated in a release shared…

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Binance Strengthens Japanese Presence, Acquires a Locally Regulated Exchange

Crypto exchange Binance announced the acquisition of Sakura Exchange BitCoin (SEBC) for an undisclosed sum. The latter is a Japanese crypto exchange that is regulated by the country’s Financial Services Agency (FSA). The latest development comes just months after reports of Binance preparing for a formal entry to the Japanese market surfaced. The crypto exchange…