MANILA (Vietnam News/ANN): The World Risk Index (WRI) 2023 put the Philippines at the number one for the most-disaster-prone country in the world, followed by Indonesia and India. According to the report, the Philippines topped the list with the highest disaster risk worldwide point of 46.86/100 WRI, while Indonesia and India spotted at 43.5 and 41.52...
While FTX creditors decried unfair bankruptcy proceedings and decisions, the defunct crypto business offloaded a trove of Solana tokens at a massive discount. FTX’s estate, under bankruptcy administrators led by CEO John J. Ray III, traded 25-to-30 million Solana (SOL) coins well below market prices as the company tried to plug a $16 billion hole left...
Binance recently completed integrating 35 new decentralized applications into its web3 wallet. Popular platforms such as Aevo, Ambient Finance, and BAC Games have been added as new additions. The update allows users to directly access and interact with a wide range of decentralized applications (dApps) for various purposes, including gaming, finance, and trading, through the wallet. The Web3...
A solo miner mined a single block of Bitcoin and earned 6.36 BTC before the impending halving. On April 5, a solo miner with an equipment hashrate of 7 PH/s keyed block #837,814 into the blockchain of the first cryptocurrency. According to Mempool, the user received a total of 6.36 BTC, the equivalent of $422,750 at...
The volume of venture investments in the crypto industry reached $2 billion in the first quarter of this year. Crypto Koryo experts noted that the $2 billion figure broke a two-year downward trend and notched a 38% increase in investments compared to the fourth quarter of 2023. The number of transactions increased by 49% to 250. Although...
Ethena Labs’ synthetic dollar has surged to a $2 billion market cap less than two months after the protocol released its product on Ethereum’s public mainnet. Launched in February, the market cap of stablecoin USDe has grown over 147% in the last 30 days, per DefiLlama. CoinGecko categorizes the cryptocurrency as the fifth largest token in...
In a recent release, the Consumer Financial Protection Bureau warned about the emerging risks associated with crypto-focused gaming. The report, “Banking in Video Games and Virtual Worlds,” highlights the agency’s concerns over scams and diminished consumer protections in video games and virtual worlds. As the intersection of virtual gaming and cryptocurrency grows, the Consumer Financial Protection Bureau’s...
Google has initiated a lawsuit against a group of individuals accused of orchestrating a vast cryptocurrency scam that impacted over 100,000 users globally. The lawsuit, filed today, targets the alleged fraudulent distribution of investment and crypto exchange applications through the Google Play Store. Google says it’s the first tech company to take action against crypto scammers, aiming to...
Cryptocurrency exchange Coinbase has received a license to operate in Canada. According to CNBC, the license allows the crypto platform to increase its presence outside the U.S. as it faces a regulatory crackdown in its home market. Coinbase has received registration in Ontario as a limited dealer under the Canadian Securities Administrators (CSA), the umbrella organization of Canada’s...
OKX is set to list the Zeus Network’s ZEUS token for spot trading today, enabling ZEUS/USDT trades. The integration aims to leverage Solana’s scalability with Bitcoin’s security, enhancing possibilities for decentralized applications (dApps) and secure financial services. The Zeus Network, which leverages the Solana blockchain for improved interoperability, has successfully raised $8 million in a seed funding round led...
