13 hours agoOracle on Binance Chain: How it FunctionsThe oracle module is a common module like gov that is utilized for handling prophecy and claim. Prophecy means the validators on the network want to reach a consensus on something, say a transaction initiated by a node or like a cross chain transfer. Claim is raised by a validator…Bnb2 min read
18 hours agoFake Manchester United token Soars 3,000% after Elon Musk Jokes about Buying the TeamTo clarify, MUFC is not an official Manchester United crypto token. It came to life in August 2021 after a team of programmers, who were said to be hardcore fans of Manchester United, falsely claimed that holding MUFC would give them influence on the football club’s decisions. The team later…Manchester United2 min read
18 hours agoTerra’s Do Kwon Hires Legal Team in South KoreaKwon and Terraform Labs are facing multiple lawsuits following Terra’s collapse in May. Terra’s Do Kwon Reportedly Enlists New Lawyers Do Kwon has hired a new team of lawyers in South Korea, local news has reported. According to a Wednesday report, Terraform Labs’ outspoken CEO has appointed a domestic legal team in anticipation of a legal battle…Terrasse2 min read
19 hours agoBaby Doge Swap Goes Live on the BNB Chain TestnetOn Tuesday (August 16), the developers behind Baby DogeCoin ($BABYDOGE), which is of the most popular meme-based crypto projects (with over 1.5 million followers on Twitter), announced that their swap protocol had gone live on the BNB Chain testnet. In case you are not already familiar with Baby Doge ($BABYDOGE)…Baby Doge Shiba Inus2 min read
Published in Coinmonks·19 hours agoIndian Police Launch Probe Into BitConnectThe Indian police launched an investigation against BitConnect co-founder Satish Kumbhani months after the U.S. SEC said he relocated from India. The saga of BitConnect, a major cryptocurrency scam scheme, is taking another twist as one of the BitConnect co-founders is now wanted by the Indian state police. Satish Kumbhani…Indian Police2 min read
19 hours agoBlockchain Protocol Antelope Takes ‘Leap of FreedomThe blockchain protocol Antelope has taken what it describes as a “leap of freedom” and forked its protocol off development firm Block. one’s EOSIO platform and instead embraced the rival EOS Network Foundation. According to an announcement from Antelope, the project has already launched a new website and shared a…Blockchain2 min read
19 hours agoNFTfi Partners With Safe To Create First NFT Rights Management WalletThe NFT lending protocol NFTfi and digital asset manager Safe, formerly Gnosis Safe, partnered to develop a new product for non-fungible token owners intended to provide added value to digital assets. Usually, an NFT owner’s rights — to display an NFT, access token-gated content, sign transactions with it, or receive…Nftfi3 min read
19 hours agoColombia to Prevent Tax Evasion with National Digital CurrencyA national digital currency would help curb tax evasion in Colombia, which is estimated at up to 8% of GDP, the head of Colombia’s tax and customs agency said. Amid Colombia’s economic growth beat expectations in the second quarter, an official at the country’s tax and customs agency has hinted…Colombia2 min read
20 hours agoCrypto.com Earns Regulatory Approval to Operate in the UKCrypto.com’s approval allows the exchange to offer services to UK customers in compliance with local laws and regulations. Crypto.com today announced regulatory approval from the UK’s Financial Conduct Authority (FCA) to act as a crypto business. According to the FCA filing, the exchange is registered under FORIS DAX UK LIMITED…Cryptocom2 min read
21 hours agoBinance Says ‘Funds are SAFU’ as The Exchange Temporarily Suspends WithdrawalsCryptocurrency exchange Binance has revealed it temporarily halted withdrawals affecting different networks, citing a technical issue. In a tweet posted on August 17, the crypto exchange stated the incident occurred at 07:00 AM UTC, noting that the technical issue emanated from a third-party service provider. …Binance2 min read
