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RoboFi News Review: Top Crypto News of the Week

This week’s news roundup is presented below.

Miss El Salvador dons golden bitcoin outfit at beauty pageant

El Salvador’s Miss Universe candidate strolled onto the stage this week wearing a bitcoin-inspired gold bodysuit, a sparkling tribute to her country becoming the world’s first to embrace cryptocurrency as legal tender two years ago. Read More.

Expansionist dreams threaten ECB digital euro plan

The European Central Bank appears to have determined that if anyone is going to build cryptocurrency out of the euro, it should be the European Union itself. However, creating a digital counterpart of the world’s second largest reserve currency poses hazards to the technocrats tasked with ensuring financial stability. The eurozone finance ministers’ meeting on Monday will keep them in the spotlight. Read More.

Cryptocurrency past is prologue: before and after FTX

FTX is neither the first, nor is it the last, but rather a recent and massive implosion in the cryptocurrency sector. We’ve seen cases of external theft, internal theft, anti-money laundering failures, cybercrime enablement, cryptographic key loss, and slanted investor playing fields before. More will follow, and we must reconsider if crypto investing is a beneficial development or a zero-sum game in which hucksters, charlatans, and the lucky can profit at the expense of others. Read More.

Crypto lender Genesis preparing to file for bankruptcy, Bloomberg News reports

Genesis Global Capital, a cryptocurrency lender, is planning to file for bankruptcy as soon as this week, according to Bloomberg News, citing people familiar with the issue. For weeks, a bankruptcy filing was expected after the business suspended customer redemptions on Nov. 16 following the collapse of major cryptocurrency exchange FTX. Read More.

Factbox: The many companies in Digital Currency Group’s crypto empire

Digital Currency Group (DCG) of the United States is at the core of the latest crypto collapse after one of its subsidiaries, Genesis, halted customer withdrawals in November. Genesis Global Capital’s lending division filed for bankruptcy protection from creditors in the United States on Thursday. Read More.

About RoboFi

RoboFi ( is a Defi platform that envisions a marketplace for revolutionary Dao crypto trading bots. Through its IBO (Initial Bot Offering) system, community members can maximize their earnings in an easy, simple, and secure way. We create a safe and transparent environment based on blockchain technologies that help developers bring crypto trading bot platforms to the market. In addition, individuals will have easy access to these bot applications, thereby generating more earning opportunities. RoboFi ecosystem is fueled by the VICS token.

About VICS

VICS token has a distinctive and enticing concept. VICS is the BEP-20 token, built on the Binance smart chain. It is a core utility token in the RoboFi ecosystem, the reliable crypto trading bot marketplace. One important utility is to own the governance token of DABots and participate in an IBO (Initial Bot Offering) to receive additional incentives. VICS is available on major exchanges for trading.

Official Link

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