SPS discusses challenges of building GameFi amid crypto winter
Despite tough times for the industry, the blockchain MOBA game reached 200k downloads after just two months. Go to Source Powered by WPeMatico
Cryptocurrencies
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LocalBitcoins closes down the P2P crypto exchange service
LocalBitcoins’ customers have 12 months to withdraw their cryptocurrencies from the LocalBitcoins wallet but are advised to do so immediately. Go to Source Powered by WPeMatico
Bitzlato Co-Founder Anton Shkurenko Arrested in Russia, Report
Russian authorities have reportedly arrested the second co-founder of seized cryptocurrency exchange Bitzlato. The man, who recently promised to restore the platform’s operations from Russia, was detained at the request of Interpol and may face extradition to France. Another Co-Founder of the Russia-Linked Bitzlato Exchange Apprehended in Moscow Anton Shkurenko, co-founder of the recently busted … Read more
Crypto lender SALT makes comeback with $64.4 million funding
The crypto lender froze withdrawals in mid November. It will resume operations in Q1 2023 buoyed by a Series A recapitalization. Go to Source Powered by WPeMatico
As Bitcoin nears $25K, questions about rally’s sustainability remain
Analysts seem to be divided as to whether a bull run is now in session despite many key indicators suggesting the same. Go to Source Powered by WPeMatico
Cryptocurrency Exchanges Offer Assistance to Earthquake-Hit Turkey
Major crypto exchanges have offered to help the people of Turkey to overcome the consequences of this week’s devastating earthquake. While the crypto industry pledged support, the country’s financial authorities allowed the raising of relief funds through cryptocurrency donations for a charity organization. Leading Exchanges Commit to Supporting the Victims of the Earthquake in Turkey … Read more
Uniswap’s BNB deployment should use multiple bridges, claims LIFI CEO
The LIFI executive proposed that a team of four researchers be appointed to study the idea of a multi-bridge approach. Go to Source Powered by WPeMatico
Cloud mining firm BitFuFu postpones merger with SPAC until May
Bitfufu’s plans to go public have been delayed for the second time. The company is the cloud mining arm of Chinese mining giant Bitmain. Go to Source Powered by WPeMatico
Coin Cloud crypto ATM operator files for bankruptcy, owes over $100M to Genesis
The company was in “hyper-growth” in January 2022, now it has over 5,000 creditors and debts over $100 million; bankrupt Genesis is its largest creditor. Go to Source Powered by WPeMatico
UK blockchain carbon offset platform raises $45M in seed funding
Carbonplace says it will use the funds to scale its services and become the “SWIFT of carbon markets.” Go to Source Powered by WPeMatico