$160 million Terra's assets seized

South Korean Authorities Confiscate $160M Worth of Assets from Terra Employees

South Korean authorities have successfully recovered assets worth $160M from 8 employees of Terraform labs including that of the co-founder Daniel Shin. These 8 employees were linked with the collapse of Terraform Labs. The Southern District Prosecutor Office of Seoul has seized the assets. What assets were recovered? On April 3, the authorities reported that…

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Chinese officials give residents $26 million in CBDC as a present to welcome the Spring Festival

Chinese Officials Give Residents $26 million in CBDC as a Present to Welcome the Spring Festival

On this joyous occasion of the Spring Festival, China is allocating a generous sum of $26 million in Central Bank Digital Currency (CBDC) to its citizens. This munificent gesture reflects their commitment to financial inclusion and technological progress. The government’s digital Yuan activities have seen a massive uptake in multiple cities, with the total value…

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ONE Championship, Animoca Brands, and Notre Game Unveil NFT-Integrated MMA Mobile Game

ONE Championship, Animoca Brands, and Notre Game Unveil NFT-Integrated MMA Mobile Game

ONE Championship, the world’s largest martial arts organization, has partnered with Animoca Brands and Notre Game to develop innovative mixed martial art (MMA) mobile game that is set to launch in 2024. The game, dubbed “ONE Fight Arena,” will leverage blockchain technology and NFTs to create a unique and immersive gaming experience for MMA enthusiasts…

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What is Etherscan, and how does it work?

What is Etherscan, and how does it work?

Etherscan is the most trusted tool for navigating through all the public data on the Ethereum blockchain and is sometimes called “Ethplorer.” This data includes transaction data, wallet addresses, smart contracts and much more. The application is self-contained and is neither sponsored nor administered by the Ethereum Foundation, which is a non-profit organization. The team…

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