Huobi Co-Founder Is Set To Sell Majority Stake
Leon Li who is the co-founder of Huobi is said to have told other investors in the company about his decision at a shareholders’ meeting in July. Leon Li, who helped start the global cryptocurrency exchange Huobi, is reportedly in talks to sell most of his shares in the company, which could be worth more […]
Burned Carbon Credits Are Effective According to Expert
Concerns about the environment affect both the crypto industry and the rest of the world. But blockchain-based assets could help if they are used in the right way. Using nonfungible tokens (NFTs) as carbon credits or carbon offsets shows how Web3 technology can be used to make the future greener. In the markets for regenerative […]
Binance recovers, freezes about 80% of Curve Finance’s stolen fund
Cryptocurrency exchange Binance has helped with the recovery of funds from the recent hack on DeFi platform Curve Finance. The funds which make up about 80% of the stolen amount have also been frozen by the exchange. The exchange has frozen and recovered $450,000 of the stolen assets, or more than 80% of the stolen […]
Payment app PicPay integrates with Paxos to launch crypto exchange
Brazilian payment service app PicPay in partnership with Paxos has launched a cryptocurrency exchange facility that enables its 30 million users to purchase digital assets such as Bitcoin (BTC) and Ether (ETH). The company formally announced on Wednesday that users of PicPay can now purchase, sell, and store either Bitcoin or Ethereum straight on the […]
Axie Infinity removes token rewards from its traditional game mode
Axie Infinity (AXS), a play-to-earn (P2E) blockchain game, has completely cut off the token incentives users gain from playing its traditional game mode in an attempt to draw players to its new game Axie Infinity Origin. The Smooth Love Potions (SLP) that can be obtained in the game’s traditional mode will stop being produced as […]