January 26, 2023

2 Minutes

Alt Coins Crypto News

Market share of algorithmic stablecoins decreased 10x from ATH

adeel010 January 26, 2023 0 Comment

The infamous Terra USD (UST) collapse had an impact on the cryptocurrency market as a whole, but algorithmic stablecoins were particularly hard hit. The market share of algorithmic stablecoins has decreased over tenfold since...

2 Minutes

CEX Crypto News

Coinbase was fined $3.6 million in the Netherlands

adeel010 January 26, 2023 0 Comment

The Dutch central bank, De Nederlandsche Bank (DNB), fined cryptocurrency exchange Coinbase 3.3 million euros ($3.6 million) for failing to follow local rules for financial service providers, according to a Reuters report on January...

1 Minute

Crypto News Web3

Nike’s Web3 Platform, Swoosh will reward to Virtual Sneakers designs Creators

adeel010 January 26, 2023 0 Comment

Nike’s new SWOOSH non-fungible token (NFT) platform invites people to create their own digital wearables, the international sneaker company announced on Wednesday. The #YourForce1 challenge asks participants to create an Instagram visual storyboard showcasing...

2 Minutes

Bitcoin CEX Crypto News

Deribit, a crypto options exchange, plans to relocate to Dubai

adeel010 January 26, 2023 0 Comment

Exchange of options for bitcoin and ether Deribit, the largest cryptocurrency exchange by volume and open interest, is considering moving to Dubai as local regulators start to be more clear about the country’s crypto...

2 Minutes

CEX Crypto News

Bithumb Owner’s Arrest Requested by South Korean Prosecutors

adeel010 January 26, 2023 0 Comment

According to a Korean news outlet on Wednesday, Kang Jong-Hyun, the CEO and owner of the bitcoin exchange Bithumb, is wanted by South Korean authorities. The CEOs of two publicly traded Bithumb affiliates, Inbiogen...

3 Minutes

Alt Coins Crypto News

Unauthorized Tweets, Robinhood’s Twitter Promote a Scam Token

adeel010 January 26, 2023 0 Comment

The online brokerage Robinhood Markets (HOOD) should be added to the list of entities impacted by cryptocurrency frauds as its social media accounts on Wednesday announced the release of RBH, new scam token on...