Day: December 14, 2022

Binance Chief Warns Employees of Challenging Times Ahead amid Crypto Winter

The Binance CEO also spoke about the USDC withdrawal suspension while explaining the impact of the crypto winter. Binance founder Changpeng Zhao has sent a memo to employees to inform them of the challenging months ahead amid the persistent crypto winter. In addition to warning to look out for tough times, the CEO also assured staff that the company would survive the current troubles. In the memo, the Binance chief said the company is in a strong financial position to” survive any crypto winter.” He also emphasized that the digital…

Russia Cracking Down on Crypto Miners Minting in Residential Areas – Mining Bitcoin News

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Russian authorities are now prosecuting miners extracting cryptocurrency using subsidized electricity for the population, according to a top official from the energy ministry. Power utilities are detecting their increased consumption and trying to make them pay at commercial rates. Amateur Crypto Miners in Russia Under Pressure Despite Lack of Regulation for Home Mining Electricity distribution companies in Russia have started to identify improvised mining farms in residential buildings by the rising volume of energy consumption and higher loads on the grid at substations, Deputy Ministry of Energy Pavel Snikkars revealed…

Alameda had ‘unfair’ trading advantage, special access to FTX funds: CFTC filing

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Court filings continue to shed light on the dubious relationship between FTX and Alameda Research, in which the hedge fund was afforded an “unfair” trading advantage as well as unprecedented access to user holdings on the cryptocurrency exchange. The United States Commodities Futures Trading Commission filed a complaint in the Southern District Court in New York on Dec. 1, alleging a host of irregular business dealings between Sam Bankman-Fried’s cryptocurrency exchange FTX and his trading company Alameda Research. The complaint provides a raft of allegations detailing how the two companies and…

This Is the Story of Big Eyes Coin – the Cat Who Is Taking Over Huobi Token and Chiliz

Place/Date: – December 14th, 2022 at 12:13 pm UTC · 4 min read Source: Big Eyes Coin Photo: Big Eyes Coin Could Big Eyes Coin (BIG) Make Up to 100x Return? In the year 2022, Big Eyes Coin (BIG), a meme coin, has been getting a lot of good attention. The cryptocurrency community has backed it, and it has generated a lot of discussion on the major social media networks. It has been nicknamed the “next big thing” in cryptocurrency by fans, and so far, it has lived up to…

Tether Plans to Eliminate Secured Loans Held in Its Reserve in 2023

By a very large margin, Tether comes off as one of the top three companies operating as a Virtual Asset Service Provider (VASP) that receives a constant attack from mainstream media per its reserve.  Tether Holdings Plc, the issuer of the world’s largest stablecoin, USDT has announced plans to reduce the secured loans in its reserves to zero beginning from now until 2023. The move came in response to a recent news report from the Wall Street Journal (WSJ) alleging among other things that the company’s loan product can serve…

Listen up! Cointelegraph launches crypto podcasts, starting with 4 shows

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Bored on a long drive? Want something to listen to while doing chores? Cointelegraph has something that your ears might enjoy: Cointelegraph Podcasts, a new section of the website featuring crypto podcasts. The section will start out with four shows: Hashing It Out, Crypto Trading Secrets, NFT Steez and The Agenda. Listeners can start exploring now, as each show has released two episodes — one introductory trailer and one full-length episode. Following the initial launch, each podcast will publish new episodes on specific days of the week. Some shows will…

Dvision Network Announces Dvision World 2․0 Release In Beta Mode – Press release Bitcoin News

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press release PRESS RELEASE. As part of their ongoing development, Dvision Network has announced the launch of their upgraded Dvision World 2.0 in Beta mode. The launch will officially commence on 14th December, 2022. Not too long ago, via a collaborative partnership with market leaders Binance NFT and GameFi.org, Dvision Network had unveiled the highly anticipated 4th LAND Sale, which began on October 28th at 06:00 PM, KST. What’s there to know? As stated in the official disclosure, the second iteration of Dvision World will include numerous features which will…

General Services Administration Awards Multiple Award Schedule (MAS) Contract to Simba Chain

Place/Date: – December 14th, 2022 at 12:00 pm UTC · 3 min read Contact: SIMBA Chain, Source: SIMBA Chain This long-term, government-wide contract permits Simba Chain to supply its blockchain solutions and services to all Federal US agencies. Since inception, Simba Chain has built several state-of-the-art blockchain applications for the US Navy, Air Force, Space Force, and other government branches. After securing over fourteen contracts with the Department of Defense and other federal departments since 2017, the US General Services Administration (GSA) has awarded Simba Chain, the leading blockchain enterprise…