Over the weekend, Johnny Lyu, the Chief Executive Officer of KuCoin Exchange, allayed all Fears, Uncertainties, and Doubts (FUD) connected to allegations floating on Twitter that the trading platform may block withdrawals owing to the market's continued meltdown.
Alex Atallah, who was one of the co-founders of OpenSea and helped create the largest Non-Fungible Token (NFT) marketplace in the Web3.0 ecosystem, recently made the announcement that he will be stepping down from his role as an active manager at the firm by the end of July.
On Friday of last week, cryptocurrency brokerage business Voyager Digital made the announcement that it has temporarily halted all customer trading as well as deposits, withdrawals, and loyalty awards.
Meta Platforms Inc, previously Facebook Inc, has stated that its Novi cryptocurrency digital wallet will be discontinued on September 1st.
Tether announced that it would reduce its commercial paper portfolio by $5 billion by the end of July as part of ongoing efforts to increase transparency.
On Friday, Peng Zhong, CEO of Ignite, the firm behind the Cosmos blockchain ecosystem, announced his departure. Zhong's retirement comes only a few months after the company's name was changed from Tendermint to Ignite as part of a reorganization strategy.
According to crypto analytics firm Chainalysis, the crypto market's bloodbath has contributed to sales in the non-fungible token (NFT) sector falling to a 12-month low.
Facebook has apparently begun experiments for the integration of Non-Fungible Tokens (NFTs) on its platform. The Meta Platforms Inc subsidiary has restricted the testing to a small number of users in the United States.
The Nasdaq-listed cryptocurrency exchange Coinbase has insisted that it does not sell “proprietary customer data” after reports surfaced that its Tracer product is providing “historical geo tracking data” to the U.S. Immigrations and Customs Enforcement (ICE).
According to the most recent report on Thursday, June 30th, Bahamian cryptocurrency exchange FTX Derivatives Exchange declined a deal to acquire New Jersey-based crypto loan startup Celsius Network.
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