What is Hamster Kombat? The Telegram-Based Crypto Game

Hamster Kombat

Hamster Kombat is a new Telegram-based clicker game in the crypto and Web3 world, which belongs to the free-to-play and earn in the crypto category via the Open Network (TON). The game allows users to earn crypto by tapping screens and completing designated tasks every day. When you play, you earn, and you can mine … Read more

Elliptic Implicates Cambodia’s Huione Guarantee In $11 Billion Crypto Scam

Advertisements on Huione Guarantee for electric shock shackles

Elliptic Report has revealed that Cambodia’s online marketplace Huione Guarantee is being used as a medium to commit huge cryptocurrency scams to the tune of USD 11 Billion. Huione Guarantee, linked to Cambodia’s ruling family, is said to enable different types of scams such as pig-butchering scams, an American-based magazine Wired alleged, relying on information … Read more

UK PM Appoints Tulip Siddiq as UK City Minister With Crypto-Related Roles

MP Tulip Siddiq

The woman who previously advocated for regulation of crypto in the United Kingdom with the use of technology, Tulip Siddiq, has been appointed by U.K. Prime Minister Keir Starmer as Economic Secretary to the Treasury and City Minister. In her new position will oversee financial services including cryptocurrency and blockchain. She held the Shadow City … Read more

Governor Roy Cooper Rejects Bill Banning CBDCs in North Carolina

How Central Bank Digital Currency Work

Governor Roy Cooper of North Carolina has rejected a bill banning the state from implementing any Central Bank Digital Currency (CBDC) issued by the US Federal Reserve. Roy, a Democratic, says the decision of both houses to prohibit CBDC through the House Bill 690 (HB 690) was hasty, vague and reactionary. In a statement, the governor … Read more

What does the sentencing of Zhao mean for Binance and Crypto Exchanges?

Binance Coin Crypto

It isn’t a good time for a global cryptocurrency platform, Binance and its founder Changpeng Zhao as governments of some countries continue to clampdown on the platform. After facing weeks of court trials on money laundering, unlicensed money transmitting and violations in Seattle, United States, Zhao was sentenced to four months in prison. He had … Read more

Will BitForex Exchange Ever Come Back To Refund Customers’ $57 Million?

This is the official logo of BitForex Exchange

BitForex, an exchange that used to be one of the leading crypto exchanges, has gone under after allegedly disappearing with at least $57 million in customers’ funds. A few days before the Hong Kong-based exchange’s disappearance, it published on its now inaccessible site that its CEO and co-founder Jason Lou stepped down as CEO. Background On February … Read more

List of Countries Where Binance Exchange Faced Regulatory Sanctions

Binance Coin Crypto

From outright ban to hefty fines worth billions of U.S. dollars, Binance continues to face harsh regulatory challenges around the world, making it difficult to make its services available in the affected locations. The largest cryptocurrency exchange by volume experienced a push back recently in Africa’s largest crypto market, Nigeria, and in the United States, … Read more

How BitForex Token (BF) Works

What is BitForex Token? The native digital asset of BitForex exchange is BitForex Token. Digital asset trading, loans, and asset management are some of the services provided by the exchange. Security warning: BitForex Exchange is no longer available. The founders’s whereabouts are unknown following their disappearance with about $60 million in users’ money. The official … Read more

What Is Cryptocurrency Liquidity?

What does cryptocurrency liquidity entail and why is it a fundamental factor to consider for countries planning to adopt cryptocurrencies into their financial systems? Takeaways: The Definition of Cryptocurrency Liquidity Cryptocurrency liquidity refers to the ability of a digital asset such as Bitcoin to be quickly bought or sold without causing a significant price change in the … Read more