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Is Nexo safe? Lender withdraws from US market (www.blockcast.cc)

Nexo, the crypto lending platform, announced Monday that it is pulling out of the US market. It blamed the hostile US regulatory environment for the move, following a collapse in longtime talks with lawmakers. Our decision comes after more than 18 months of good-faith dialogue with US state and federal regulators which has come to […]

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Crypto.com teams up with Coca-Cola to launch World Cup NFTs (www.blockcast.cc)

Crypto.com and Coca Cola (NYSE: KO) have launched NFT artworks based on the 2022 FIFA World Cup, according to a press release from the cryptocurrency exchange. The collaboration will see the Crypto.com blockchain host 10,000 NFTs based on player “heatmap” during matches, and will capture unique moments such as team attacks, tackles and goal at […]

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Silvergate CEO says short-sellers spreading misinformation (www.blockcast.cc)

Silvergate Capital Corporation (NYSE: SI) CEO Alan Lane has said short sellers and other people looking to capitalize on the latest uncertainty in crypto are the ones behind a lot of the speculation and misinformation affecting the sector. Lane’s comments come as the industry comes to terms with the extent of the fraud committed at […]

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Circle cancels plans to go public amid return to profitability (www.blockcast.cc)

Circle, the company that issues the USD Coin (USDC) stablecoin, has terminated its plans to go public via a special purpose acquisition deal with Concord Acquisition Corp (NYSE:CND). The stablecoin issuer said in an announcement on Monday that the Board of Directors of both Circle and Concord had approved the cancellation. Are you looking for […]

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Litecoin price spikes to 7-month high as dormant coins move (www.blockcast.cc)

Litecoin (LTC/USD) has soared more than 9% in the past 24 hours, trading as high as $84.97 on US cryptocurrency exchange Coinbase early Monday. The upside brought LTC price to its highest level in seven months, on-chain data platform Santiment highlighted in a tweet. Indeed, the buy pressure for the digital silver makes it the […]

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LTC price movement after hash rate reaches new all-time high (www.blockcast.cc)

Litecoin (LTC/USD) reached a new record when it came to hash rate, climbing to as high as 626.75 TH/s  On-chain data also shows that Litecoin wallet addresses have been increasing and supporting the LTC price surge.  Are you looking for fast-news, hot-tips and market analysis? Sign-up for the Invezz newsletter, today. Litecoin is a cryptocurrency […]

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WaffleStay additionally listed on the Azbit Exchange on the 6th, Travel to Earn, WAFL (www.blockcast.cc)

The global hotel reservation service WaffleStay announced on the 5th that its WAFL token for hotel reservation and compensation will be additionally listed on AZBit at 6AM UTC (Korean time, December 5, 3:00 PM).   WaffleStay recently announced that it devised the Travel 2 Earn business model to address the inaccuracy of information and complaints […]

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DAM Finance releases testnet for its omnichain stablecoin d20 (www.blockcast.cc)

DAM Finance, or DAM, a decentralised token platform behind the algorithmic stablecoin d20, has rolled out its testnet dubbed Moonwalkers v1, with the launch set to give ecosystem users the chance to stress test the protocol’s omnichain stablecoin. The deployment is part of DAM’s push to bring to the crypto industry a decentralised solution that […]

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The Internet Computer integration adds smart contracts to Bitcoin (www.blockcast.cc)

The Internet Computer (ICP/USD), the world’s first internet-scale public blockchain has brought smart contracts functionality to Bitcoin (BTC/USD), thanks to its mainnet integration with the world’s largest cryptocurrency by market cap. Unlike platforms such as Ethereum, Bitcoin does not natively support smart contracts. According to DFINITY Foundation, the company helping to develop the Internet Computer […]

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Bankman-Fried is ‘delusional’ and should be jailed, Mike Novogratz says (www.blockcast.cc)

Sam Bankman-Fried is culpable for what happened at FTX, Galaxy Digital CEO Mike Novogratz says. According to Novogratz, Bankman-Fried helped perpetuate a massive fraud that’s seen fresh contagion hit the crypto industry hard. And for this, the former FTX chief should be prosecuted and do jail time. Are you looking for fast-news, hot-tips and market […]

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