Babel Finance, A Crypto Lender, Lost 8,000 BTC in Client Money!

Babel Finance, A Crypto Lender, Lost 8,000 BTC in Client Money!

According to a proposal deck that was referenced in a recent publication, Babel’s losses included the elimination of 8,000 BTC and 56,000 ETH that were held in unhedged proprietary trading positions. According to a report by The Block, which cited the cryptocurrency company’s restructuring proposal deck, the troubled cryptocurrency lender Babel Finance, which froze customer … Read more

Best EU Crypto Regulation Compliant Cryptos to Buy

Best EU Crypto Regulation Compliant Cryptos to Buy

Both Ethereum and Cardano are suitable candidates in terms of their environmental awareness. The European Union (EU) has developed laws for cryptocurrencies, and one of the most important areas of concentration is on the environmental metrics of cryptocurrencies. Among the various cryptocurrencies, Cardano and Ethereum are examples of those that comply entirely with these standards. … Read more

Monkeyleague and BAYZ Collaborate to Produce Esport Soccer Games

Monkeyleague and BAYZ Collaborate to Produce Esport Soccer Games

MonkeyLeague is a play-to-earn Web3 soccer game that was just released on the Solana blockchain. Recently, the company made an announcement regarding its relationship with BAYZ, a Brazilian Web 3.0 gaming DAO. As part of the agreement, MonkeyLeague has contributed a substantial quantity of NFT assets, which will be given away to the best players … Read more