Coin Journal

Crypto lending platform Genesis is currently struggling and could be in need of investors to enable it to maintain its operations. Cryptocurrency exchange Binance will not invest in Genesis, according to a recent report by the Wall Street Journal. The report revealed that the cryptocurrency lending platform sought investment from Binance, the world’s leading cryptocurrency exchange. …

Binance will not invest in lending platform Genesis: WSJ report Read More »

The collapse of FTX and Alameda Research hasn’t affected the USDT stablecoin, thanks to Tether’s issuance policy. Tether, the company issuing the USDT stablecoin, has revealed that the recent collapse of the FTX exchange and its Alameda Research hedge fund, doesn’t have a negative impact on its ecosystem. According to Tether’s latest blog post, the company’s …

Tether’s USDT issuance protect’s the stablecoin from FTX-Alameda’s crisis Read More »

Bitcoin casinos have seen a great increase in popularity recently, with many people now looking for cool games to play. On such a website, just like on the vast majority of online casinos, offers great bonuses. But what’s unique about these crypto casinos is that they also accept payment with Bitcoin, making it easier for …

7 strange facts about Bitcoin casinos Read More »

Bankruptcy filings have called out Sam Bankman-Fried (SBF) and the entire FTX team for a complete failure of corporate controls. The latest bankruptcy filings have blasted SBF and his executives for completely failing to have a handle on their corporate affairs.  FTX’s bankruptcy lawyers claim that SBF is actively trying to disrupt the entire bankruptcy …

FTX’s bankruptcy filings show ‘complete failure of corporate controls’ Read More »

With its new cryptocurrency payment options, Cloudzy could be on a path to becoming a globalised VPS service.   Cloudzy, the New York-based tech company and one of the leading holdings in the VPS industry, announced today that their new cryptocurrency payments are a step towards the goal of making a globalised VPS service a …

Prospects of a Global VPS: Cloudzy’s Ace in the Hole Read More »

DBS Bank’s pilot will involve 1000 consumers and six merchants. It’s part of the Project Orchid, an effort aimed at laying the technological infrastructure needed for the rollout of a digital Singapore dollar. Singapore’s DBS, the leading lender across Southeast Asia, has introduced the country’s first Singapore dollar (SGD)-based programmable money pilot for real-world transactions. …

DBS trials digital Singapore dollar with government vouchers Read More »

SWALLOW is a new digital platform that’s looking to onboard tattoo artists and fans into the metaverse. The Enjinstarter-backed platform went live with over 25 partners and 100+ tattoo artists. SWALLOW, the Web3 platform backed by blockchain-based gaming and entertainment launchpad Enjinstarter, has officially launched. Per a press release the SWALLOW team shared, the project …

Web 3 platform SWALLOW launches to bring tattoos to the metaverse Read More »

The world’s largest car manufacturer Nissan has announced that it will launch some NFTs for a new game called Torque Drift 2. Torque Drift 2 is a subsidiary of an Australia-based multi-platform video game studio called Greece Monkey Games. Greece Monkey Games is focused on motorsport. Nissan to release 15 unique NFTs Greece Monkey Games and …

World’s largest car maker Nissan to release NFTs Read More »

UK Prime Minister Rishi Sunak, while in office as the Chancellor of the Exchequer in April, asked the Royal Mint to create a government-backed NFT. The Royal Mint, the UK’s official coin maker, has confirmed plans for a government-backed non-fungible token (NFT) remain in place, according to a Financial News report published on Tuesday. Per the …

UK’s NFT plans still on course, officials say Read More »

Yuga Labs is the top royalty earner among creators, with Nike topping the consolidated list amongst global brands in NFTs. Ethereum-based NFT royalties have crossed the $1.8 billion market, even as the industry faces a huge debate around the royalty model, Galaxy Digital notes in its latest research insight on the sector. But even as …

Ethereum-based NFT royalties have hit $1.8 billion: Galaxy Digital Read More »