Blockchain
Director of Listed Chinese Company Embezzles $8 Million, Uses Funds to Purchase Bitcoin Mining Rigs
A Chinese prosecutor is reported to have given a thumbs up to the arrest of a listed big data company director accused of embezzling $8 million and using the funds to buy bitcoin mining rigs Although
Blockchain
Report: South Korea to Recruit Companies for Metaverse Content Creation Project
The South Korean science and ICT ministry has said it will recruit companies that will participate in its 2022 Metaverse Content Creation Project A director in the ministry said the project is being
Blockchain
Bitso Partners With Addem Capital to Provide Cryptocurrency Investment Instruments in Latam
Bitso, the Mexico-based cryptocurrency exchange, has announced a new partnership with Addem Capital, a debt fund that provides startups and other companies with financing options The cryptocurrency
Blockchain
Citigroup CEO: Europe More Likely to Head Into Recession Than US
Citigroup CEO Jane Fraser warns that a recession is more likely in Europe than in the US Nonetheless, she stressed that it is not easy for the US to avoid a recession Citigroup’s CEO on Global
Blockchain
Lawsuit Claims US Labor Department’s Crypto Guidance Is Unlawful
The US Department of Labor has been sued by a 401(k) plan administrator over its cryptocurrency guidance “This lawsuit seeks to preserve the rights of American investors to choose how to
Blockchain
Elon Musk Accuses Twitter of ‘Material Breach’ of Agreement — Threatens to End $44B Deal
Tesla and Spacex CEO Elon Musk believes that Twitter is in material breach of the merger agreement with him, so he has the right to terminate the deal The social media giant has refused to provide
Blockchain
Wild West-Based Battle Royale Blockchain Game Grit Gets Listed on the Epic Games Store
On June 6, the Web3 entertainment company Gala Games announced that the Wild West-focused battle royale blockchain game Grit will soon be available via the Epic Games Store and accessible to 194
Blockchain
LUNA 2.0 Token Loses 56% Since Last Week, Whistleblower Accuses Terraform Labs of Owning Shadow Wallets
After climbing to $1133 per unit seven days ago on May 30, Terra’s new LUNA 20 token has lost more than 56% in value against the US dollar Amid the market performance, a number of former
Blockchain
2 Tokenized Gold Crypto Projects Saw Massive Growth Over the Last 15 Months
15 months ago the price of one ounce of fine gold was $1,790 per ounce and since then, it has increased in value 351% to today’s $1,853 per ounce exchange rate While gold has risen in value,
Blockchain
Eurovision Winners’ NFT Auction Raises $900K for Charity
Kalush Orchestra, the winners of the Eurovision Song Contest 2022, have successfully auctioned off an NFT for charity The auction was held on MetaHistory — the official Ukrainian charitable
Blockchain
Monthly NFT Sales Have Dropped Over 65% Lower Than the Month Prior, NFT Google Queries Sink
Non-fungible token (NFT) sales are down a great deal, as 30-day statistics show NFT sales recorded last month saw just over $46 billion settled but today, sales are down 6543% to $159 billion
Blockchain
Biggest Movers: ADA up 13% on Monday, THETA Moving Towards Multi-Week High
Crypto markets were mainly in the green to start the week, with several assets climbing by double digits on Monday One of these was ADA, which rose by as much as 13% today THETA also climbed higher,