Around 48 different crypto projects built on the collapsed Terra Network have migrated to Ethereum Layer 2 protocol, Polygon. Some migrated projects, like non-fungible token (NFT) marketplace OnePlanet and metaverse game Derby Stars, represent another chance at survival after Terra failed.
Polygon Onboards Host of Terra Projects That Are Dumping the Network Following Collapse
OKX Signs $20 Million Deal to Become Manchester City’s New Training Kit Sponsor
Crypto exchange OKX has announced that it has made a deal with English Premier League (EPL) champions Manchester City to become the team’s training kit sponsor for the 2022-23 season.
okx manchester city training kit 2023 2024 deal worth usd 20 million
Crypto exchange OKX has announced that it has made a deal with English Premier League (EPL) champions Manchester City to become the team’s training kit sponsor for the 2022-23 season.
Unocoin Brings Telegram-Backed Toncoin for Purchase, Exchange in India
Unocoin crypto exchange has listed Toncoin for purchase and trade for its Indian users. With this inclusion, Unocoin is looking forward to onboarding more users on the platform. As of now, Unocoin is the only crypto exchange in India to list Toncoin on its platform.
Ethereum Name Service Sees Retail Interest Hikes as Buyers Shell Out Hundreds of Dollars
Ethereum Name Service (ENS) domains are seeing a rise in adoption. Daily ENS registrations spiked and reached over 30,000 new addresses on July 4 and over 20,000 on July 7. The findings were highlighted by Dune Analytics, a tracker of ENS. There are several reasons why ENS domains have caught the eye of retail traders, including their popularity on OpenSea NFT marketp…
Bitcoin Slips for the Third Consecutive Day While Altcoins See Minor Dips Over the Weekend
Crypto tokens continued to slide on Monday, extending their weekend losses. However, the fall in crypto tokens was limited although the overall crypto market cap did see a considerable dip over the past day.
Romance Crypto Scams Mooched Off Over $185 Million from Love-Seeking Americans in One Year: Report
Americans crypto investors lost $185 million (roughly Rs. 1,468 crore) between January 2021 and March 2022 to romance scams and over $1 billion (roughly Rs. 7,942 crore) in total to other fraudulent activities, a report by BanklessTimes said.
Celsius Onboards New Legal Team to Assist on Its Restructuring, Days After Firing 25 Percent Staff
Celsius Network, the US-based crypto lender is currently struggling to cope with the ongoing slump in the global crypto arena. The company has hired a new legal team from the Kirkland & Ellis LLP law firm to help it come out of its corporate malfunctioning. The newly appointed team of lawyers will advise the Celsius team on various options, which may include a bankrup…
Russia to Improve Crypto Transaction Monitoring as Regulation Draws Closer, Says Rosfinmonitoring
Russia’s financial monitoring agency, Rosfinmonitoring, said on Friday it was using software to track cryptocurrency transactions and hopes to improve its capabilities, as Moscow ushers in regulation on what one lawmaker dubbed “cryptomania”.
Solana Labs, Multicoin Capital Accused of Violating US Securities Law by SOL Investors in Lawsuit
A class-action lawsuit filed in a California federal court last week accuses key players in the Solana ecosystem of illegally profiting from SOL, the blockchain’s native token that, according to the suit, is unregistered security.