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Bryan Yanzon

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posts : 274

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Binance Bans Accounts of Relatives of Russian Officials
Binance Bans Accounts of Relatives of Russian Officials

Binance banned accounts of the Russian President’s spokesman daughter, stepdaughter of Foreign Minister, and son of a Russian oligarch. The 24-year-old daughter of the Russian President’s spokesman said the sanctions were “totally unfair and unfounded.” Her account was shut down after she attempted to use Binance via third-party brokerage. Binance finally banned accounts connected to relatives of senior Kremlin officials. This is in line with the past two months of the ongoing war in Ukraine. Users who suffered the ban included Elizaveta Peskova, daughter of Russian President’s spokesman Dmitry Peskov, and Polina Kovaleva, the stepdaughter of Foreign Minister Sergei Lavrov.

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Goldman Sachs Now Offers Bitcoin-Backed Loan
Goldman Sachs Now Offers Bitcoin-Backed Loan

Goldman Sachs grants cash collateralized by Bitcoin. A spokeswoman said their structure and 24-hour risk management would make the deal more interesting. The investment bank has been increasing its exposure to cryptocurrency since last year. Wall Street giant Goldman Sachs, a leading global investment bank, has launched its first-ever loan backed by cryptocurrency.  According to a report from Bloomberg on Thursday, Bitcoin owned by the borrowers can be used as collateral to avail of the loan.  A spokeswoman for the bank disclosed in the report that the secured lending facility lent cash collateralized by borrowers who owned Bitcoin. Noting that

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‘Bitcoin Jesus’ Returns to Twitter, Favors DOGE Over BTC
‘Bitcoin Jesus’ Returns to Twitter, Favors DOGE Over BTC

Roger Ver said DOGE is better, cheaper, and more reliable [than Bitcoin]. He praised Elon Musk for purchasing Twitter in the interview. Ver said: “I was never a Bitcoin or Bitcoin Cash maximalist.” Roger Ver, a pioneer investor, and Bitcoin supporter, has returned to posting in Twitter after a year. He also showed his support for Dogecoin in an interview. His enthusiasm and all-out support for Bitcoin and Bitcoin Cash have earned him the alias ‘Bitcoin Jesus’. According to an interview with Bloomberg, Ver said he preferred Dogecoin over Bitcoin for payments. He emphasized that he’s a fan of the

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China Gives 15M Digital Yuan to Shenzhen Residents
China Gives 15M Digital Yuan to Shenzhen Residents

The Chinese government will give away 15M yuan worth of digital RMB (e-CNY) to Shenzhen local residents. The move aims to boost consumption amid the recent round of Omicron outburst and promote its digital currency. At the end of 2021, the digital yuan had 261 million users. The People’s Bank of China (PBC), China’s central bank, came up with another digital yuan giveaway. According to sources, it aims to further promote its central bank digital currency (CBDC). Specifically, Shenzhen’s Futian district government disclosed that 15 million yuan ($2.27 million) in e-CNY will go to its local residents.  The latest move

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Singaporean Central Bank Imposes Strict Licensing Process
Singaporean Central Bank Tightens Crypto Licensing

The Monetary Authority of Singapore (MAS), Singapore’s central bank and crypto regulator, imposed a stringent licensing process on crypto service providers. “We want to be a responsible global crypto hub,” said Ravi Menon, the Managing Director of MAS. He pointed out that people can use crypto for money laundering and financing terrorists. Singapore’s central bank and crypto regulator — Monetary Authority of Singapore (MAS) — said that the process of licensing crypto service providers must be stringent.  Ravi Menon, the Managing Director of MAS, shared his concerns about the risks of investing in cryptocurrency. Specifically, he spoke to retail investors

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Coinbase Adds Rival Binance’s Stablecoin BUSD Support
Coinbase Adds Support to Rival Binance’s BUSD

Coinbase has listed Binance’s US dollar-backed stablecoin BUSD on its platform. That makes BUSD the eighth stablecoin available on Coinbase. BUSD is the 4th largest stablecoin by market cap. Coinbase has listed its competitor Binance’s US dollar-backed stablecoin on its Ethereum network. BUSD will become the eighth stablecoin on Coinbase, alongside Tether (USDT), USD Coin (USDC), TerraUSD (UST), Dai (DAI), Paxos Standard (PAX), Rai Reflex Index (RAI), and mStable USD (MUSD). The Binance stablecoin project BUSD debuted in partnership with Paxos, the one responsible for the stablecoin’s reserves.  Coinbase and Binance have been strikingly clashing through social media in the

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Gala Games and Endless AI Launched ‘Living’ Fuzzles NFTs
Gala Games, Endless AI Launch ‘Living’ Fuzzles NFTs

Gala Games announced a partnership with Endless AI to launch first-of-its-kind ‘living’ Fuzzles NFTs. Fuzzles is equipped with Language Processing AI that enables owners to speak with their collection. Owning the NFT will provide access to special community events, earn rewards, and unlock in-app gameplay in the future. Gala Games, creator of blockchain games, has partnered with Endless AI to launch Fuzzle — a first-of-its-kind “living” NFT. The company aims to revolutionize AI and blockchain gaming via an innovative collective entertainment experience. Endless AI is a tech-driven company that creates products that fuse AI-enabled interactivity and blockchain technology for the

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FTX Launches 1st Print Ad Campaign, $1B Charity Fund
FTX Launches 1st Print Ad Campaign, $1B Charity Fund

FTX launches its first ad campaign, “In On,” featuring CEO Sam Bankman-Fried and supermodel Gisele Bundchen. The company also vows to donate up to $1 billion to charitable causes this year. The funds will be used for pandemic prevention and social and environmental causes. Crypto trading platform FTX is seeking ways to get one step ahead in the growing popularity of cryptocurrency by depending on supermodel Gisele Bundchen, along with an effort to clean up the environment and improve the world. Bundchen, FTX’s head of environmental and social initiatives, was at the 2022 Crypto Bahamas conference, along with FTX co-founder

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Hackers Exploit BAYC Instagram Page, Nab $3M NFTs
Hackers Exploit BAYC Instagram Page, Nab $3M NFTs

Hackers gained access to the Instagram page of Bored Ape Yacht Club on Monday and nab up to $3M. A fraudulent link stating that users could mint “land” in OthersideMeta was posted in the Instagram page. Yuga Labs and Instagram are still investigating the hack. Hackers have broken through the official Instagram page of Bored Ape Yacht Club (BAYC) on Monday. Consequently, the perpetrators used the Instagram page to steal digital assets amounting to $3 million. The BAYC official Twitter page shared a tweet warning users about the incident. Yuga Labs LLC, creators of the Bored Ape Yacht Club collection,

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Netflix Partners With Candy for Stranger Things NFTs
Netflix Partners With Candy for Stranger Things NFTs

Netflix collaborated with Candy to launch NFTs of Stranger Things. Redditors discovered “iamhellsmaster.com”, along with clues that Netflix will release its Stranger Things NFTs. However, Reddit users disapproved of the idea of Netflix entering the NFT space. Netflix and Candy are collaborating to develop non-fungible tokens (NFTs) of Stranger Things ahead of the two-part season 4 release. Part one will be available on May 27, 2022. The second part will also follow six weeks later on July 1, 2022. Candy is a digital collectible company offering digital assets for fans and collectors. The company, which claimed to be the next-gen

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Robinhood To Sack 300 Employees Despite Job Listing
Robinhood To Sack 300 Employees Despite Job Listing

Robinhood is laying off 9% of its total workforce today. The decision came due to a change in Robinhood customers’ behavior, growth declines, and duplicate roles and job functions. Although Robinhood is laying off its employees, the firm is still hiring numerous crypto roles and positions. CEO Vlad Tenev announced in a blog post that brokerage app Robinhood is laying off 9% of its workforce today. Tenev pointed out that the decision is “necessary” and not that they “undertook lightly.” “We’re anticipating and being responsive to changes in the way our customers invest—especially during this time of global conflict, economic

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EU Crypto Firms Make Efforts to Alter EU Policies
EU Crypto Firms Make Efforts to Alter EU Policies

EU crypto firms and organizations urged policymakers to make sure the regulations don’t exceed the guidelines. They seek that the EU will not require DeFi to register as legal entities. In addition, stablecoins must not be affected by the MICA regulatory framework. According to a report from Reuters, a total of forty-six European crypto businesses and organizations have sent a letter to twenty-seven EU finance ministers. The letter, as Reuters mentioned that they’ve seen it, is in regards to the disclosure requirements for crypto transactions. Inside the letter, dated April 13, the businesses and organizations urged EU policymakers to make

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