Amid severe market losses, Binance announced that it would expand its staff, which is good news for crypto professionals. Changpeng Zhao, the company’s CEO, delivered a statement regarding the upcoming employment opportunities during his speech at the Conference in St. Moritz. Due to the downfall of FTX and the loss of the crypto market of…
Tykhe Block Ventures, a USA based Venture Capital firm, has announced the first close of it’s Blockchain Growth Fund. The first close was led by a clutch of UHNWIs and Family Offices operating in South-East Asia & Middle East. The firm has also committed that approximately $10 Mn of the fund will be allocated to…
As per the data from IntoTheBlock, due to the price surge, 64% of the investors of bitcoin are now profiting from the enormous price increase that occurred in January. The Crypto Fear and Greed Index just recorded bitcoin’s (BTC) 11th successive day outside the “Fear” zone, making this the longest stretch of days without fear…
The recruitment and job-search scene in Japan is beginning to shift as a result of metaverse technology. A job fair with over 2,000 students in attendance gave them the chance to interact with recruiters through virtual avatars and consider the features and disadvantages of each career opportunity. According to the reports, participants were free to raise…
A cryptocurrency company called Coinbase just released many updates to its Wallet software that will improve security and user experience. To safeguard users from harmful actions like spam tokens and airdropped assets, these tools include transaction views, token acceptance notifications, and an automated blocklist of flagged Apps. Users can also get token approval warnings when…
U.S. Senators are calling on Silvergate Capital Corp to provide answers and explanations over the allegations of misuse of customer funds by cryptocurrency exchange FTX, highlighting a grave concern for consumer protection. Their demand has raised eyebrows across the financial industry with many questioning why Silvergate, which prides itself on providing secure banking services, failed…
In a landmark case that has sent shockwaves through the crypto community, South Korean authorities have arrested the CEO of one of the world’s largest cryptocurrency exchanges for alleged embezzlement. Kang Jong-hyun, CEO of Bithumb, was apprehended on Tuesday and faces charges relating to the purported misappropriation of millions of dollars and stock price manipulation…
Crypto-asset security is an ever-present concern, and its fragility has been highlighted once again. BonqDao, a financial services provider, has been subject to a crippling cyberattack as its oracle was infiltrated by an insidious hacker. The exploit enabled the criminal to manipulate the price of AllianceBlock tokens, resulting in losses amounting to $120 million for…
The crypto market has seen its fair share of frauds and rug pulls, with the recent addition to this long list causing quite a stir, and heightened risks associated with the proliferation of crypto projects and ventures. Logan Paul and CryptoZoo have been slapped with a class-action lawsuit for alleged negligence. According to the legal…
Australia has recently unveiled a consultation paper on token mapping, further cementing its commitment to regulating the crypto space. This move is set to pave the way for revealing an official framework by 2023. which will outline laws and regulations regarding the usage of digital assets in the country. According to experienced professionals, this proactive…
