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The crypto market has retraced slightly since Wednesday after the Department of Justice announced an enforcement action against the small Chinese cryptocurrency exchange. News of the reveal – which was ultimately underwhelming for many in the community – nevertheless dampened a broad rally among digital assets throughout the week. Solana's Volatile Week Solana (SOL) – which rose as high as $24.75 on Monday – trades at $21.08 at writing time. While down roughly 10% since earlier this week, its still…

As NFT and metaverse enthusiasts look for innovative opportunities in this sector, a new game is emerging in the Metaverse: World of Dypians! World of Dypians is a game enabling users to explore and shape a world of infinite possibilities. 300 selected users are currently testing the game before the Dypius team releases the Beta version for a wider audience. With creative tools, armor, and skins, players can customize their experience as they adventure toward forming their in-game destiny. With their CAT companion…

On Wednesday, the United States Department of Justice (DOJ) shut down Hong Kong-based crypto exchange, Bitzlato. The DOJ released a press release stating that the exchange was a den for criminal activities—from money laundering to ransomware. There were also claims that Bitzlato had received more than $15 million in ransomware payments. Furthermore, the exchange allegedly processed more than $700 million in illicit transactions. Organized Crackdown The seizure of the crypto exchange was a coordinated operation by law enforcement authorities in…

FTX debtors have identified $5.5 billion of liquid assets associated with both FTX and FTX US. Meanwhile, a substantial portion of it has gone up in smoke.  The latest update from the company states that $90 million in digital assets from the exchange “was subject to unauthorized third-party transfers post-petition.” FTX US Asset Shortfall FTX debtors unveiled details about its asset composition during a meeting with the  Official Committee of Unsecured Creditors (UCC) of FTX on Tuesday. Its numbers indicate…

Dypius' "DYP Tools" cater to various cryptocurrency users with an intuitive interface. Today, we'll look at the features of Dypius, from its newsroom to its swap feature, explorer tool, and beyond. Understanding What Dypius Offers Before we look at the DYP Tools platform, it's necessary to make an introduction to Dypius and its large ecosystem. Dypius is a modern project relying on the following pillars: A comprehensive suite of crypto tools: The DYP Tools page has many features and tools…

The government of Russia may be partnering with Iran’s central bank to issue a new stablecoin backed by gold.  The stablecoin’s purpose will be to facilitate cross-border trade settlement. Russia’s New Trade Plan Per a report from the Russian media outlet Vedomosti on Monday, the stablecoin could ideally work as a substitute for dollars, ruble, and euro in foreign trade.  Anton Tkachev confirmed that negotiations for such a token were already taking place. However, the ongoing discussion at state level…

During a statement at the World Economic Forum in Davos, Switzerland, Ukrainian vice prime minister Mykhailo Fedorov expressed his hopes for the nation’s crypto sector. Fedorov is confident Ukraine could soon lead other countries in effective crypto jurisdiction. Although still in the pilot phase, Fedorov intends to be the first to test the country’s forthcoming CBDC, the e-hryvnia. Fedorov Acknowledges Ukraine’s Wartime Fundraise  As of June last year, Ukraine had netted more than $500 million in donations. Crypto funds made…

Dypius is an all-in-one platform with many tools for seasoned crypto enthusiasts and those just entering the space. In addition, the project offers a dual token system, state-of-the-art bridge technology, and more. Its large ecosystem is an innovative hub for everything related to blockchain, cryptocurrency, and the metaverse. What Is Dypius? Dypius is a project dedicated to the exploration of blockchain and cryptocurrency technology. It's an all-in-one platform that offers users a unique set of tools connected to DeFi, trading,…

Skybridge Capital founder Anthony Scaramucci is putting money behind a new crypto firm formed by Brett Harrison, former boss of the defunct FTX US.  The software company will reportedly create a service that lets crypto traders access both centralized and decentralized markets.  Scaramucci Sticks By FTX US Boss According to Bloomberg, Harrison said Scaramucci will be using his own funds to back the former CEO’s software venture. The software in mind will let traders write algorithms for their trading strategies,…