Month: January 2023

Top 13 Crypto Telegram Groups in 2023

Telegram is one of the most popular social media platforms among crypto enthusiasts all over the world. Many crypto experts and professional investors have created different crypto telegram channels and groups to help fellow investors. These crypto groups focus on different aspects of cryptocurrency, such as signals, news, pump and dump, airdrops, project listing, technical analysis, etc. Crypto signal groups aim to provide their members with accurate trading ideas from expert traders to buy or sell a particular asset at a specific price or period, while crypto news groups aim…

Morocco finalized crypto regulatory framework: Central Bank

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The Kingdom of Morocco may see its first crypto bill introduced “in the following days.” The document is already written by the Central Bank and will be discussed with the industry stakeholders.  On Jan. 3, during the press conference, the Governor of Morocco’s Central Bank, Bank Al-Maghrib (BAM), Abdellatif Jouahiri announced a series of discussions between the BAM and the market participants. Regulators, such as the Moroccan Capital Markets Authority (AMMC), the Insurance Supervisory Authority and Social Security (ACAPS), will also participate. It will precede the implementation of the crypto…

India Proposes Self-Regulatory Mechanism for Online Gaming Companies

India proposed a draft on Monday to ensure due diligence and allow its online gaming industry to regulate itself. The government of India recently proposed a mechanism for self-regulation in the country’s online gaming industry. This development comes amid rising concerns over gaming addiction and disruptive patchy state laws. The newly-proposed online gaming self-regulatory body is a draft amendment to India’s information tech rules published Monday. Furthermore, this proposal comes after a state panel suggested new regulations for India’s growth-potential real-money online games sector. So far, the initiative has been warmly received…

Car Manufacturer Maruti Suzuki Launches Metaverse Showroom Experience in India – Metaverse Bitcoin News

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Maruti Suzuki, one of the biggest car manufacturers in India, has announced that it is taking its customer retail experience to the metaverse. The company announced on Jan. 1, it would launch a VR (virtual reality) network for its Arena showroom series, allowing its users to experience the Maruti Suzuki Cars online or via authorized dealers. Maruti Suzuki to Prepare Metaverse Showrooms Car companies are beginning to take advantage of virtual reality and the metaverse to allow customers to have a different approach to their products. Maruti Suzuki, one of…

2022 Crypto Attacks Were Least in December, With $62M Lost in Heists, Certik Says

The year, overall, saw over $3.7 billion lost to various attacks, hacks and scams – making 2022 the worst year in the market’s history so far. Attackers gained over $3.2 billion in 2021. But 2022 was off to an even rockier start with a $325 million exploit of popular cross-chain service Wormhole, which was followed by a $625 million attack on Axie Infinity’s Ronin bridge, and then a $200 million exploit of the Nomad bridge. Source

SushiSwap Head Chef Suggests Cooking Up New Token Model

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On December 7, Jared Grey, the CEO and “Head Chef” of SushiSwap, suggested that the DEX is burning through cash like there is no tomorrow. According to the forum post made by Grey, the DEX has, more or less, a year and a half in headroom which resulted in the exchange enacting a 100% allocation from fees on its staking token xSUSHI.  This 100% allocation, however, is temporary until the DEX’s situation improves or new tokenomics are enacted. Will this proposal be the answer to SushiSwap’s urgent situation?  New Year,…

Su Zhu gets called out by the community as he fires off accusations against DCG

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As liquidity issues surround the Digital Currency Group (DCG), Three Arrows Capital (3AC) founder Su Zhu made a Twitter thread containing allegations against DCG and FTX. However, the founder immediately got called out by the crypto community for blaming others and not taking accountability.  In the thread, Zhu alleged that DCG had a role in the collapse of LUNA, now called Terra Classic (LUNC). Zhu claimed that the venture capital firm conspired with the FTX exchange to attack LUNC and made a profit by doing so. The 3AC founder also…

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