Summary: VeChain and Amazon have signed a partnership geared toward blockchain-based carbon management services. The deal exists between VeCarbon and Amazon Web Services, the company’s cloud computing division. Amazon will provide technology to scale up operations to a national and continent level, per details of the agreement. This could also...
New York Attorney General Letitia James asked New Yorkers who invested Anchor and Celsius to contact her office. Those who have been deceived or locked out of their accounts are asked to get in touch. She has also asked industry insiders to file a whistleblower complaint if they have witnessed...
TPS Capital’s OTC executive Stefan Chu has resigned from the firm. Chu’s resignation has come at a time when TPS is battling accusations that label TPS having a connection with bankrupt firm 3AC Tai Ping Shan, popularly known as TPS capital’s OTC executive Stefan Chu has called it quits amid...
According to Binance CEO CZ, crypto deposits on Binance have steadily increased over the past year. CZ further added how BTC balance on exchange is highest as compared to other cryptocurrency exchanges Binance’s CEO Changpeng Zhao is in the news again, this time for tweeting key metrics concerning crypto deposits...
Summary: The U.S. SEC shared an update on the Forsage debacle. 11 individuals have been charged in connection with the alleged Ponzi scheme. Four of these persons are believed to be the co-founders of Forsage. Authorities claim that the Forsage team stole over $300 million from retail investors worldwide. Others...
Summary: Blockchain-based sports engagement platform Socios.com announced a $100 million investment in Barca Studios. The capital injection is designated for the football club’s Web3 strategy investment. This could include blockchain services, NFTs, and digital asset operations, per today’s announcement. Socio.com owner Chiliz acquired a 24.5% stake in Barca Studio as...
Tiffany and Co is spearheading a venture dubbed NFTiffs, enabling Cryptopunk NFT holders to turn their NFTs into a custom pendant The jewelry makers will issue 250 passes at 30 ETH, enabling these holders to get their Cryptopunks NFTs customized into bejeweled pendants. NFTs have taken the world by storm...
The Aave community has approved the GHO stablecoin. GHO is an overcollateralized stablecoin that allows users to earn interest on the collateral used to mint the stablecoin. The GHO stablecoin would make borrowing on Aave more competitive. The Aave DAO has approved a new stablecoin that the platform is looking...
Summary: Elon Musk has filed a countersuit against Twitter over the now uncertain $44 billion deal. The lawsuit was filed late Friday, July 29th, a few hours after a Judge set October 17th as the beginning of Twitter’s case against him. Tesla’s CEO and SpaceX founder, Elon Musk, has counter-sued...
Summary: The CoinFLEX team has announced that it has laid off a significant portion of its team to cut operational costs by 50 to 60%. CoinFLEX has also made cuts in non-staff costs. The team explained that the cost-cutting was meant to transform the exchange into a leaner business. The...
