Nox Crypto Exchange Refunds Its UST Holders At A $1 Rate

Various media outlets in Brazil report that a local crypto exchange, Nox exchange, has refunded all UST holders on its platform at $1.  While the move is unprecedented and commendable, the platform clarified that users could only receive their lost UST tokens with the USDT stablecoin. Per multiple reports, Nox spent about $127K (620K Reais) … Read more

Major Cryptocurrencies Rise 9% as Market Shows Recovery

Amid the bleeding crypto market that has dominated headlines since Monday, BTC and ETH have rebounded, leading to the overall market recovery. The flagship coin crawled back to above $30k in the early hours of Friday, exchanging at a day high of $30.9k. Currently, it trades at $30.3k, shedding about 60 cents based on CoinMarketCap.  … Read more

US Treasury Secretary Reiterates Risks Associated With USD Pegged Tokens

Ex Fed chair and current US Treasury Secretary, Janet Yellen, has shared her insights concerning the crypto sector following the decline of Terra’s native token and stablecoin. Earlier in the week, TerraUSD (UST) declined massively to a new daily low of $0.7495, and within a few hours later, it slid further to $0.6134.  Then, on … Read more

A Top Singapore Commercial Bank Is About To Launch Eco-Friendly Tokens

One of Singapore’s top commercial banks, OCBC, has announced a new partnership with metaverse green exchange (MVGX) to launch tokens related to eco-friendly tech firms. Part of the agreement terms states that firms can offset their carbon footprint by purchasing a portion of the carbon credit tokens issued under this collaboration between these two firms. … Read more

Crypto Exchange Kraken Closes Its Headquarters

CEO of Kraken, Jesse Powell recently decided to close the firm’s headquarters, located in the city of San Francisco, due to safety reasons. Closure of Headquarters Kraken’s CEO, Jesse Powell has closed the main headquarters of the firm which was present in San Francisco over safety issues. Jesse Powell has stated that the city has … Read more

Ledger Has Launched A New Wallet Specialized In NFTs

Massive hard wallet supplying firm, ledger is recently introduced a new wallet named Nano S Plus, that is favored towards non-fungible tokens (NFTs). Global hard wallet supplier, Ledger has now shined a brand-new wallet named, Nano S Plus which is specially geared towards providing NFT Collectors the features and security they require to store their … Read more

PaytechNo OU Review – Taking a Close Look at the Exchange

PaytechNo OU Review Signing up on a cryptocurrency exchange is a must for anyone who wants to jump onto the cryptocurrency bandwagon. There are millions of people around the world who are interested in these digital currencies because they have proven to be quite a profitable investment. When Bitcoin reached a value of almost $20,000, … Read more

Binance Hires Former Microsoft Executive Rohit Wad As Its New CTO

Crypto Exchange Binance takes a big step, hiring a first-class Ex-Microsoft executive Corporate Vice President and making him the new CTO. According to a blog post from Binance, it was revealed that the exchange has managed to pick up one of Microsoft’s top-level executives, Rohit Wad and had assigned him as the firm’s latest Chief … Read more

Mt. Gox Cold Wallet Transfers Nearly 7K BTC To An Anonymous Wallet

A couple of days ago, the ex-CEO of Mt. Gox, Mark Karples, disclosed that the company has drawn up a plan to credit its debtors with $6.5B worth of BTC. Well, it seems the company is about to execute the plan as on-chain crypto tracking firm, Whalealert, revealed that the exchange’s cold wallet moved nearly … Read more

Hackers Steal More Than $15M From Another DeFi Protocol

As it has been in the last couple of months, there has been no week when there won’t be reports of a DeFi protocol or NFT project hack. This week alone, there have been three reports of hacks, and today, another DeFi hack has occurred. An Ethereum-built DeFi project, inverse finance, was hacked earlier today, … Read more