Binance denies fund mismanagement allegations, calls it ‘conspiracy theory’

United States-based cryptocurrency exchange Coinbase has indicated it is considering the launch of an initial exchange offering (IEO) platform.The news was revealed by Coinbase’s head of institutional sales in Asia, Kayvon Pirestani during a panel at the Invest: Asia conference on Sept. 11, crypto media outlet Coindesk reports.IEO platform could be announced within monthsDuring the…

VeChain’s medical records blockchain platform in Cyprus lets people prove, and control, COVID-19 test results. 907 Total views 77 Total shares Blockchain tracking platform VeChain announced on Twitter on June 20 that its blockchain-based medical data management platform co-developed with digital healthcare solution firm I-Dante has gone live and will store COVID-19 testing results. The…

Japanese IT firm Fujitsu has successfully trialed a blockchain-based solution to address inefficiencies in electricity surplus management, the company confirmed in a press release on Jan. 29.Fujitsu, which partnered with local power distribution company ENERES, used blockchain to increase the success rates of power sharing, which is administered through a process known as Demand Response…

Crypto insurance underwriter Evertas will increase coverage limits to $420 million per policy while adding additional mining coverage. 268 Total views 2 Total shares Evertas, an insurance company focused on digital assets, recently announced an increase in coverage limits and the addition of mining operations to its coverage portfolio.The insurer’s per-policy coverage limits on custodial…

As decentralized finance continues to become more mainstream, traditional financial tools can serve as a bridge from Web2 to Web3 for those who still remain skeptical. 248 Total views 11 Total shares Own this piece of history Collect this article as an NFTLast year proved that the Web3 space is not just a phenomenon but…

Future crypto guidelines remain uncertain, however. 207 Total views 1 Total shares Regulatory activity has surfaced on many levels in crypto this year. Government agencies have provided clarity and executed enforcement and discussed new actions. Such regulation has widely impacted the industry, in part affecting big players entering the sector, according to METACO’s vice-president of sales and…

NFTs hosted on FTX platform were affected by the firm’s collapse, showing blank images instead of the original art. 1694 Total views 7 Total shares Own this piece of crypto history Collect this article as NFTThe FTX collapse highlighted many flaws in the crypto industry. Now, the effects of the FTX debacle have broken into…

Check out this week’s Bad Crypto podcast 1852 Total views 20 Total shares It’s been a week. Whether the politics made it good or bad week depends on your view but if you’re holding Bitcoin, it was certainly good. The price is up more than 8.5 percent over the last seven days. It’s now well…

Echoing the momentum of GameFi (gaming and finance) and the great success of Axie Infinity, Gala Games was launched in 2019 to pursue technology development and innovation in play-to-earn (P2E) blockchain gaming. The global market size of blockchain gaming exceeded $4.6 billion in 2022 and is expected to reach around $65.7 billion by 2027, establishing