Category : EthereumWorldNews

EthereumWorldNews

We Want To Make Sure Crypto Has A Seat At The Table When It Comes To Free Speech: Binance’s CEO Changpeng Zhao

Binance’s CEO, Changpeng Zhao has shared how Twitter will play a crucial role in onboarding the web3 crypto-related services on the social media platform.In his interview with CNBC’s Squawk Box Show, CZ shared how Binance would like to s...

Hodlnaut Downplayed $190 Million Loss In Terra’s Crash, Singapore Judicial Managers Report

Summary: Crypto lender Hodlnaut did not fully disclose its exposure to Terra’s failed ecosystem, Bloomberg reported.An interim judicial manager appointed by a Singaporean reported that the beleaguered crypto lender lost around $190 million...

Bitcoin’s Whitepaper Anniversary: 14 Years To Transform the Exchange of Value

It has been 14 years since Bitcoin’s whitepaper was published. The crypto community is celebrating the occasion and noting how far the asset has come.Bitcoin inspired the crypto market present today, with its ethos of decentralization seen in...

HUSD Depegs Following Huobi’s Decision To Promote Justin Tron’s USDD

Huobi’s native stablecoin, HUSD, has depegged from its $1 value& The token is down 60% in the last 24 hours. Huobi’s native stablecoin HUSD has plunged to new lows. According to Wu blockchain, the exchange’s stablecoin has d...

FTX CEO Sam Bankman-Fried Denies Offering $15 Billion for Elon Musk’s Twitter Buyout

FTX’s Sam Bankman-Fried has denied all speculations claiming that he offered $15 billion for the Twitter takeover.& The crypto billionaire initially offered between $3 billion to $5 billion to finance the deal but later rescinded the offer.SBF s...

Huobi May Soon Lay Off Employees Under Its Rumored CEO Justin Tron’s Leadership: Report

As per a tweet shared by Wu Blockchain, Justin Tron may soon initiate mass layoffs in his newly acquired exchange Huobi.Wu further shared how Huobi’s CEO and CFO have already submitted their resignations to Justin Tron. Per a recent tweet s...

Cardano’s Founder, Charles Hoskinson, Says $DOGE Could Soon Merge With Twitter. Is Twitter Finally Getting Doge Payments?

Cardano’s Charles Hoskinson believes that Elon Musk may soon merge Dogecoin with Twitter& Musk had earlier tweeted his intention of adding Doge payment integration to Twitter. Cardano’s founder and IOHK head, Charles Hoskinson, be...

$57 Million Lawsuit Against Terra Co-Founder Do Kwon Comes To Light

The Wall Street Journal has reported a lawsuit against the man behind Terra, Do Kwon.Do Kwon is facing a $57 million lawsuit for fraudulent misrepresentation of Terra USD.The investors behind the lawsuit roped in Anchor Protocol as well. Do Kwon has...

Ethereum’s Vitalik Buterin Believes Twitter HQ Should Be Moved To Switzerland

Ethereum founder Vitalik Buterin believes that Twitter headquarters should be moved to Switzerland.Buterin’s comments came barely hours after Elon Musk formally took over the social media platform.& Elon Musk has been in the news following his $...

Dogecoin Up 44% In A Week As Elon Musk Buys Twitter, CZ’s Binance To Provide Blockchain Support

Summary: Memecoin leader Dogecoin rallied over 44% this week while Elon Musk finalized his $44 billion Twitter acquisition.DOGE stayed green at press time on speculation that Musk might unveil integrations between the ninth-largest cryptocurrenc...

Meta’s Metaverse Obsession Has Led The Firm To Encounter Losses Worth Billions Of Dollars

Meta revealed losses worth $3.7 billion in its latest Q3 report Despite the plugging metrics and expenses, Meta’s CEO Mark Zuckerberg says he’s positive that the firm will “emerge stronger than ever in 2023.”Meta has till now...

Elon Musk’s Twitter To Add NFT Trading Feature Dubbed Tweet Tiles

Summary: Twitter announced the development of a blockchain feature for non-fungible tokens.Dubbed “NFT Tweet Tiles”, the update could allow users to buy and sell NFTs through tweets on their timelines.The feature is Twitter’s f...

Binance Is Now A Confirmed Equity Investor In Musk’s Twitter Buyout Deal

Binance confirms its participation in Musk’s Twitter takeover deal& Binance wired $500 million to Musk two days ago, as promised by its CEO, Changpeng Zhao. Crypto exchange Binance has finally confirmed the news of being a legitimate eq...

Premier League And Sorare Mulling Over £30M-a-year NFT Deal

The Premier League is reportedly in talks with NFT-based fantasy gaming firm Sorare.The £30 million multi-year deal will see Sorare deliver NFTs to Premier League fans.The league is also considering a separate NFT-related deal with Dapper Labs.Sorar...

LooksRare Becomes The Latest NFT Marketplace To Scrap The Option Of Creator Royalties By Default

LooksRare is the latest NFT marketplace to opt for a zero-royalty mechanism& The platform will share 25% of the protocol fee with NFT creators and artists. LooksRare, the leading Ethereum-based NFT marketplace, has announced its new decision,...

ConsenSys Debuts MetaMask Grants DAO, Funds Program With $2.4 Million For Web3 Growth

Summary: Blockchain tool developer ConsenSys launched an employee-led program dubbed MetaMask Grants DAO.The initiative hopes to support decentralized and aid developers who are building key solutions for the web3 economy.ConsenSys backs its gra...

Cardano (ADA) Adds $1 Billion To Market Cap In Latest Bear Market Rally

Summary: Over $1 billion flowed into the Cardano ecosystem in a single day as crypto prices experienced gains.ADA’s market cap crossed $14 billion during this week’s rally, ranking the crypto eighth among digital tokens and blockchai...

Sam Bankman-Fried Hints That FTX Could Launch a Stablecoin

FTX CEO was interviewed by The Big Whale, in which he spoke on a variety of subjects, including a potential stablecoin launch, the market’s near-term momentum, and the possibility of buying Robinhood.Bankman-FRied said that the public would soon hea...

Is Reddit Heading For the Metaverse After Its NFT Collectibles Surge?

Social media giant Reddit has been making waves in Web3 thanks to the recent spike of interest in its NFT-based Collectible Avatars. Through seamless onboarding and vibrant artwork, Reddit Avatars have won the hearts of many, including non-NFT enthu...

DeFi Pioneer Andre Cronje Resurfaces Again, Calls For Stricter Crypto Regulation In The Sector

DeFi star Andre Cronje has uploaded a new blog post that disseminates the current crypto turmoil& Cronje has called for a stricter regulatory framework in the sector to protect consumer interests. Andre Cronje, a DeFi pioneer and former found...

SushiSwap Votes In Favor Of Landmark Restructuring Proposal

The SushiSwap DAO has voted in favor of a key restructuring proposal.Increasing scrutiny of DAOs by market regulators likely contributed to this move. The proposal will form three new entities which will be responsible for the management and develop...

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