News

Optimism developers jvmi and Kelvin Fichter released a new app called Magic Mirror on Nov. 9 that allows NFT holders to copy or “mirror” their Optimism NFTs to the Ethereum mainnet. NFT holders can now use their Optimism NFTs in a…
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The Bahamas Securities Commission (BSC) has frozen the assets of FTX Digital Markets (FDM) and "related parties" on Nov. 10, it also suspended FTX's registration in the country and the Bahamian Supreme Court appointed a provisional…
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Changpeng Zhao tweeted earlier this week that every exchange should do proof-of-reserves and stressed on the importance of transparency. Binance has now shared a list of the major cryptocurrencies that it holds,…
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Oasys, a gaming-oriented, Japan-based Web3 project, is partnering with YGG, a blockchain gaming guild, to grow blockchain gaming in Japan. The partnership encompasses the use of YGG resources to promote gaming projects built on top of…
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Orthogonal Credit, an arm of the digital asset hedge fund Orthogonal Trading, disclosed on Nov. 9 that it pushed to close Alameda Research’s dedicated borrower pool on Maple Finance in the second quarter of 2022 after identifying “key…
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Convinced that cryptocurrencies are affecting the tasks performed by monetary authorities around the world, the Dutch central bank has urged for comprehensive international regulations. The call comes after research into the…
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Investor sentiment in the crypto market is floundering after Binance decided to nix its agreement with FTX to purchase the distressed cryptocurrency exchange. The events have sent Bitcoin to a new yearly low, while other altcoins have…
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Crypto communities can often implode, despite the best intentions of everyone involved. Genuine communities with plausible but convoluted project ideas can fail just as easily as projects like DeFi Wonderland, which…
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Last month was quite spooky for the crypto industry as it saw the highest number of DeFi hacks this year.  While October was expected to be “Uptober,” it quickly turned to “Hacktober” as cyber criminals ransacked top…
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The United States Treasury Department's Office of Foreign Asset Control, or OFAC, has amended the sanctions on cryptocurrency mixer Tornado Cash in addition to including two individuals involved in “transportation and procurement…
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