Multichain, once a promising cross-chain router protocol, has found itself in a devastating situation. The company recently made the heart-wrenching decision to cease its operations due to a dire lack of operational funds. However, the financial struggles are not the only challenges faced by Multichain – its CEO, Zhaojun, is currently in police custody, adding
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Renowned author and entrepreneur Robert Kiyosaki has once again voiced his support for bitcoin, gold, and silver, highlighting their significance in the face of the US government’s policies. In a recent tweet, Kiyosaki emphasized that the wealthy individuals will continue to accumulate wealth, indicating his belief in the potential of these assets. While the US
Republican Presidential candidate Ron DeSantis has made a bold declaration that, if elected, he will immediately put an end to the development of central bank digital currency (CBDC). DeSantis argues that a CBDC poses a significant threat to American liberty and should have no place in the country. This article explores DeSantis’ stance on CBDCs,
Attorneys representing Sam Bankman-Fried (SBF) have made a formal request to Judge Lewis Kaplan, seeking permission for select individuals to visit their client without the need for rigorous security checks. Currently, while SBF is allowed to reside at his parents’ residence in Palo Alto, California, he must comply with strict restrictions, including wearing an electronic
The team behind Base, in collaboration with Optimism, has made a major announcement – the mainnet of their Ethereum Layer 2 chain is now available for builders to deploy their products. This marks a significant milestone in the development of the Base ecosystem. In order to commemorate the early adopters of this platform, Base will
The recent announcement by Kain Warwick, the founder of Infinex, has created a buzz in the cryptocurrency world. Infinex, a groundbreaking frontend, aims to revolutionize the decentralized exchange (DEX) market by serving as a frontend to the derivatives liquidity protocol, Synthetix. Unlike its counterparts, Infinex focuses on enhancing the user experience and overcoming prominent obstacles,
Geist Finance, a prominent lending protocol operating on the Fantom network, has recently announced its permanent closure. This decision comes in the wake of significant losses incurred due to the Multichain exploit. In a social media post on July 14, the development team behind Geist Finance confirmed that they have no plans to reopen the
In just nine days, Shiba Memu, a revolutionary dog-themed memecoin, has generated an astounding $800,000 during its presale. This overwhelming response sets the stage for its official exchange launch and highlights the potential impact of this unique token. With a current purchase value of $798,000 worth of SHMU tokens, Shiba Memu is poised to shake
Unstoppable Domains, a leading platform specializing in user-owned digital identity, has recently unveiled the Unstoppable Marketplace. Developed in collaboration with Polygon Labs’ dApp Store Kit, this marketplace offers an extensive array of applications integrated with Unstoppable, providing users with exciting opportunities to engage with the thriving Web3 community. The Unstoppable Marketplace boasts an impressive collection
The cryptocurrency exchange Bybit has recently announced the opening of registration for the highly anticipated ‘2023 World Series of Trading (WSOT).’ This event, with a prize pool of up to $8 million worth of USDT, promises to be the most thrilling edition yet. Traders from around the world will have the chance to showcase their
