Hoo’s First Stage of Token-Repurchase Program Completed With Over 400,000 HOO Token Added to Its AMM Liquidity Pool

PRESS RELEASE. On February 17th, 2022, Hoo announced the completion of the first-stage token-repurchase plan on HOO Token with a cumulative total of 423,982.18 HOO repurchased from the secondary market. From January 2022, Hoo had imposed the strategic plan on generating 30% of the income revenue from spot trading (Spot Zone + Innovation Zone) of … Read more

Crypto Lender Nexo Terminates Interest Payments on New Deposits From US Clients

Following the U.S. Securities and Exchange Commission (SEC) charging the crypto lending platform Blockfi with failing to register its retail crypto lending product and fining the firm $100 million, the crypto lender Nexo has announced it will no longer allow U.S. citizens to earn interest on new savings wallet top-ups. However, Nexo customers from the … Read more

JPMorgan Opens a Lounge in the Metaverse After Stating the $1 Trillion Market ‘Will Likely Infiltrate Every Sector’

Global Investment bank JPMorgan says, “The metaverse will likely infiltrate every sector in some way in the coming years, with the market opportunity estimated at over $1 trillion in yearly revenues.” The firm has set up a lounge in Decentraland. JPMorgan on the Metaverse Global Investment bank JPMorgan recently published a report titled “Opportunities in … Read more

Mexico’s Third Richest Billionaire Says Buy Bitcoin, Forget About Selling, You’ll Thank Me Later

The third-richest billionaire in Mexico, Ricardo Salinas Pliego, advises to buy bitcoin, keep buying while the price is still low, and hold the crypto without thinking of selling. “Trust me, you’re going to thank me later,” he affirmed. Billionaire Ricardo Salinas Pliego’s Bitcoin Advice Mexico’s third-richest billionaire, Ricardo Salinas Pliego, gave some advice Saturday about … Read more

US President Biden to Issue Executive Order on Crypto This Week: Report

U.S. President Joe Biden is reportedly expected to issue an executive order on cryptocurrency this week. It will direct a wide range of government agencies to come up with a government-wide strategy to regulate crypto assets. Executive Order on Crypto Expected This Week U.S. President Joe Biden is expected to issue an executive order on … Read more