by Oluwapelumi Adejumo | Sep 11, 2022 | Uncategorized
Algorand Foundation has announced that it has a $35 million USDC exposure in troubled Singapore-based lender Holdnaut. According to Algorand Foundation, its $35 million exposure is less than 3% of its assets and surplus to day-to-day requirements. Thus, it...
by Oluwapelumi Adejumo | Sep 11, 2022 | Uncategorized
Authorities in Florida have warned residents about robocall scams selling auto warranties and asking consumers to pay with various methods, including cryptocurrencies. In the Florida consumer newsletter issued by the Florida Department of Agriculture and...
by Oluwapelumi Adejumo | Sep 11, 2022 | Uncategorized
The US Securities and Exchange Commission (SEC) will create dedicated offices to deal with filings related to the life science sector and cryptocurrencies. The regulator announced this development on September 9, saying the “Office of Industrial Applications and...
by Oluwapelumi Adejumo | Sep 11, 2022 | Uncategorized
Meta CEO Mark Zuckerberg would need to explain how the social media platforms owned by the company are fighting crypto scams after some Democratic senators raised the issue. According to a report by Washington Post, Democrats in the US Senate want Meta to...
by Oluwapelumi Adejumo | Sep 10, 2022 | Uncategorized
The positive performance of Bitcoin and other major crypto assets in the last 24 hours has led to almost $300 million in liquidations. According to Coinglass data, the liquidation affected 92,465 traders leading to $286.14 million in losses. Most of the...