Month: May 2022

Do Kwon Dissolved Terraform Labs Korea Days Before Collapse of Terra LUNA, UST – Featured Bitcoin News

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Official records show Do Kwon dissolved Terraform Labs Korea, closing down its headquarters and sole branch just days before the collapse of terra crypto (LUNA) and stablecoin terrausd (UST). Do Kwon Shut Down Terraform Labs Korea Before UST and LUNA Fallout Terraform Labs founder Do Kwon reportedly closed down his company in Korea days before the collapse of cryptocurrency terra (LUNA) and stablecoin terrausd (UST). According to South Korea’s supreme court registry office, Terraform Labs Korea decided to dissolve its Busan headquarters and Seoul branch at the general shareholders meeting…

More Stress For El Salvador As Bitcoin Dips To $29,000

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El Salvador has been on the radar of leading financial and economic institutions since it made Bitcoin a legal tender. It has mainly become a spectacle as cryptocurrency supporters and non-supporters alike watch on to see how this plays out. El Salvador which had made good on its bitcoin promise had made multiple BTC purchases at close to the height of the market last year and some this year. The country now holds at least 2,300 BTC since it made its first purchase in September of 2021. Now that the…

Freedom Protocol Has Become the Project With the Largest Amount of IDO in the Ecology of Binance Smart Chain – Press release Bitcoin News

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press release PRESS RELEASE. Binance is a curious company. the world’s largest cryptocurrency exchange, it also has no official headquarters and operates outside regulatory control. But that may not stop its step. Binance.US raised funding at a $4.5bn valuation this month, providing a new case for Binance enthusiasts. Today, they can share the exciting news that Freedom Protocol has set a new record on IDO volume. Freedom Protocol is a new financial protocol that makes pledging easier and more efficient. It makes the largest amount of IDO with over $4M,…

BITCOIN NEWS E PREVISIONI SETTIMANA da ricordare! CRO e CRYPTO.COM la nave affonda?

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Unilever Pursues Supply Chain Sustainability with Blockchain

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Read more: Are your products ethically sourced? How do you know? In this video, TechTarget’s Nicole Laskowski and Jim O’Donnell discuss GreenToken By SAP, a blockchain application that Unilever uses to improve the visibility of its supply chain. Subscribe to Eye on Tech: Stay up to date on the latest SAP news: Follow us on Twitter: Like us on LinkedIn: Like us on Facebook: #SupplyChain #GreenToken #Blockchain ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version

CFTC Charges 2 Men With Running a $44M Crypto Ponzi Scheme

Officials with the Commodity Futures Trading Commission (CFTC) allege Sam Ikkurty (also known as Sreenivas I Rao), of Portland, Ore., and Ravishankar Avadhanam of Aurora, Ill., as well as several corporate entities controlled by the defendants, worked together to convince their victims to invest in a “so-called income fund invested in digital assets.” Source

Coinbase Outlines Cost-Cutting Measures, Employee Grants Amid Weak Results and Crypto Rout: Report

In its first-quarter earnings report, Coinbase reported lower-than-expected revenues, and a quarterly net loss of $430 million, compared with a profit of $840 million in the fourth quarter of 2021. The company said it expected about $1.7 billion of stock-based compensation expenses, up from $1.5 billion previously, citing “hiring trends and year-to-date acquisitions.” Source

G7 financial officials call on Financial Stability Board to step up crypto regulation—report

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The top financial officials from the Group of Seven (G7) largest advanced industrial economies has called on the Financial Stability Board to speed up crypto-asset regulation, Reuters reported Thursday, citing a copy of a communique it had obtained. The officials from Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States were meeting in Koenigswinter, Germany, following a G7 foreign ministers’ meeting earlier in the week. “In light of the recent turmoil in the crypto-asset market, the G7 urges the FSB (Financial Stability Board)…to advance the swift development…