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Bryan Yanzon

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rating : 4.5

view : 12.5K

posts : 274

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NY Times Worldwide Currencies Tumbles, Except Bitcoin
NY Times: Worldwide Currencies Tumbles Except Bitcoin

While global major assets plunges, Bitcoin slightly increased. Major currencies all over the world weakened over the strong US dollar. Bitcoin saw an increase of 6.5 percent during this week. Over the past few weeks, currencies all over the world tumbles against the US dollar, forcing an increase in the prices of basic necessities, the rate of debt payments, and the risk of a global recession by 2023. A strategist at Morgan Stanley outlined that the latest rally of the US dollar will start an “untenable situation” for risky assets that could lead to a financial or economic crisis.  Earlier

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Crypto Investor: British Pound Dropping Like Shitcoin
Crypto Investor: British Pound Dropping Like Shitcoin

The pound drops to a new record low after the UK stressed more tax cuts. Crypto investor Lark Davis compared the dropping GBP to a ‘Shitcoin’. The Bank of England is expected to make a move if the situation gets worse. The British pound (GBP) plunges to a record low after the UK government vowed to assert more tax cuts, which fuels uncertainty that will bring new tax policies that will affect both equities and cryptocurrencies. In a tweet, popular bitcoin and crypto investor Lark Davis told his 1 million Twitter followers how troubled he was with the plummeting price

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Interpol Requests Global Arrest of Terra’s Do Kwon
Interpol Requests Global Arrest of Terra’s Do Kwon

Interpol seeks worldwide arrest to Terra’s co-founder Do Kwon. Seoul Prosecutors said Kwon was “obviously on the run.” Reportedly, Kwon was charged with the collapse of Terra’s ecosystem. The International Criminal Police Organization (Interpol) sent out a “Red Notice” request to law enforcement all over the world in order to “locate and arrest” Terraform Labs founder Do Kwon. According to an article published by Bloomberg, South Korean prosecutors in Seoul sent them a text message, confirming the international police organization’s issuance of a Red Notice for Kwon. Thus, acknowledging the charges Kwon faces in the country corresponding to Terra’s downfall.

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Burj-Khalifa-Lighted-Up-To-Celebrate-Binance’s-MVP-License
Burj Khalifa Lighted Up To Celebrate Binance’s MVP License

Binance lighted Burj Khalifa, the world’s largest building, to celebrate acquiring their MVP License. From a few crypto firms last year, Dubai has grown to more than 400+ employees and 300+ crypto firms. Now, Binance was offered to replicate their achievement in more countries. Burj Khalifa, the tallest building in the world, displayed a Binance light show, which represents Binance’s commitment to celebrating its newly acquired Minimal Viable Product (MVP) License from Dubai’s Virtual Assets Regulatory Authority (VARA). In a tweet, Changpeng ‘CZ’ Zhao, founder and CEO of Binance, shared the company’s journey to securing the MVP License in the

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XANA-Metaverse-to-Launch-NFT-Sale-of-Land-NFTs
XANA Metaverse to Launch NFT Sale of Land NFTs

XANA is launching the XANA: Land NFTs on October 5. The Land NFTs are the most important NFT in its Metaverse. Prior to its launch, the price of XANA’s Xeta increased 8.84% in the last 24 hours. XANA, an Ethereum sidechain custom-built for the Metaverse, announced the upcoming sale of the XANA: Land NFTs slated on October 5. Posted above is the tweet of Xana Metaverse’s rare Land NFTs, along with the ‘Land’ teaser video. Land, the most essential NFT in Xana, is a 3D virtual world where world-renowned IPs and users of Xana can create their content on the

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BTC-Mining-Firm-Compute-North-Files-Chapter-11-Bankruptcy
BTC Mining Firm Compute North Files for Bankruptcy

Compute North is the latest crypto-related firm to file for chapter 11 bankruptcy.  The filing states that the firm owes $500M to 200 creditors. Earlier this month, the firm’s CEO stepped down to serve as a chairman. Compute North, one of the largest companies that hosts Bitcoin mining, has filed for chapter 11 reorganization bankruptcy amid the uncertainty of increasing energy costs and the ongoing crypto meltdown. According to the filed document in the Southern District of Texas, the Minnesota-based company owes up to $500 million to not less than 200 creditors, while its evaluated assets accounted for between $100

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Crypto CEOs Step Down to Focus on Their Strengths
Crypto CEOs Step Down to Focus on Their Strengths

Kraken’s CEO Jesse Powell stepped down to be chairman. The CEO’s action was followed by the stepping down of fellow CEOs of Genesis, Alameda, and MicroStrategy. Due to extreme market volatility, “this is a time where you’re seeing a lot of exits,” said the crypto practice head of Korn Ferry. The industry’s ‘crypto meltdown’, which caused numerous bankrupted crypto firms and thousands laid-off, was looking at another trend as CEOs are stepping down in some leading crypto firms. As announced on Wednesday, the founder of crypto exchange Kraken Jesse Powell stepped down as CEO of the crypto exchange. In addition,

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Cardano Vasil Upgrade Now Live: 5 Things To Know
Cardano Vasil Upgrade Now Live: 5 Things To Know

Cardano’s Vasil upgrade is now live after months of delay. The community could expect “performance & capability enhancements” upon the blockchain. Cardano’s ADA price, which started to move, is up 7% over the last 24 hours. The long-awaited Cardano’s Vasil upgrade is now live, as of September 22, 9:44 pm UTC after months of hold-up. In a tweet, the blockchain tech company Input Output Hong Kong (IOHK) gladly announced that their team, along with its partner Cardano Foundation, has successfully deployed features of Vasil to the chain. Initially slated for June, the launch date was twice held back because of

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FTX To Raise $1B To Maintain Its $32B Valuation
FTX To Raise $1B To Maintain Its $32B Valuation

FTX is negotiating with investors asking for new rounds of funding of up to $1 billion.  With its prior financing earlier this year, the company’s valuation is in-line. The crypto exchange was reportedly been on an acquisition spree during the ‘crypto meltdown’. The Bahamian cryptocurrency exchange FTX, led by its CEO Sam Bankman-Fried, was in discussion with investors to reach new funding of up to $1 billion. According to an unnamed informant, the crypto exchange aims to keep its valuation at around $32 billion. However, the people present at the discussion said the talks are still preliminary, and conditions are

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Fashion-Designer-Displays-Metaverse-Theme-Outfits-at-NWFW-SS23
Fashion Designer Displays Metaverse-Theme Outfits at NWFW SS23

Vivienne Tam creates outfits based on NFTs and mahjong designs at NWFW SS23. Claiming that connecting past, present, and future is the key to Web3 success. Her unisex streetwear casuals, denim, and mesh silhouette designs are topped with prints from famous blue chip NFTs. This week’s New York Fashion SS23 show featured outfits that were sewn, embroidered, and printed with PFPs and avatars of some of the most exemplary blue chip NFTs. New York-based Fashion designer Vivienne Tam aims to create a bridge that will tether the virtual world to real life. Her brand, named after her, is inspired by

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CoinDCX’s-Twitter-Account-Hacked-to-Post-Fraudulent-XRP-Giveaway
CoinDCX’s Twitter Account Hacked to Post Fraudulent XRP Giveaway

One of India’s top crypto exchanges CoinDCX’s Twitter account was hacked and used to promote XRP scams. The hackers also retweet Ripple Labs CEO to look legit. CoinDCX’s team immediately warned its users about the attack and currently working on retrieving the account. The Indian crypto exchange CoinDCX’s official Twitter account was compromised. The hackers attempted to exploit the crypto exchange’s followers by posting a phishing link along with fake Ripple (XRP) giveaways. In the image shared by the tweet of user PeckShieldAlert, the hackers promised 100 million worth of XRP giveaways to support their “community.” To make them look

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BitGo On Galaxy Lawsuit: $1.2B Takeover Would be ‘Financially Unpalatable’
BitGo On Galaxy Lawsuit: $1.2B Takeover Would be ‘Financially Unpalatable’

Galaxy Digital was sued for $100M for discarding the BitGo takeover deal. BitGo holds Galaxy accountable for the bad faith the merger agreement brought. Damages to BitGo claimed to be not less than $100 million. Last Tuesday, BitGo Inc. filed a lawsuit on seal against Galaxy Digital Holdings Ltd. for walking away from its $1.2 billion takeaway deal. BitGo, a digital asset custodian, seeks at least $100 million in damages, as per the civil complaint in Delaware chancery court. According to the court filing made public last Thursday, Galaxy “deliberately and illegitimately caused the failure of the Merger,” because “acquiring

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