Crypto Champion

Crypto Champion

Cryptocurrency-related contents that explains the status, need, or redundancy of new and old cryptocurrencies.


FTX will liquidate its digital assets to pay creditors

14 Sep 2023 1 minute read 2 comments Yugocean

     The SBF trail will begin in October, before which FTX has received permission from the US Court to liquidate a large stock of its crypto treasury. FTX will liquidate a large part of its treasury      FTX updated its Chapter 11 filing to includ...

Crypto world shocked by CoinEx exchange hack

13 Sep 2023 1 minute read 1 comment Yugocean

     The hacking of the CoinEx exchange has created a stir in the crypto world; reportedly, this hack cost CoinEx more than $20 million in tokens. CoinEx confirms and responds to the hack      The CoinEx exchange has confirmed the hack, but to prev...

Coinbase is shutting down Exchange Service in India

12 Sep 2023 1 minute read 0 comments Yugocean

     Coinbase is packing from India; the company has stopped registration of new members and told old members to withdraw their assets by September 25. Coinbase is not strong in India      Coinbase has not been able to gain a hold in the Indian mar...

The G20 announces plans to build a global crypto framework

11 Sep 2023 1 minute read 0 comments Yugocean

     Global economic powers at the G20 summit are considering bringing a global crypto framework by 2027. The what, which, and when are answered, but not the how. A Consensus Announcement to Tax Crypto      G20 leaders made a consensus announcement...

Ripple acquires blockchain focused financial company Fortress Trust

10 Sep 2023 1 minute read 2 comments Yugocean

     Ripple has acquired Fortress Trust, which is a Nevada-based crypto and Web3-focused chartered trust company, Acquisition is Good For Ripple      Fortress Trust provides financial and regulatory structure for blockchain companies. It holds a li...

Defunct LBRY returns to file First Circuit appeal against SEC

9 Sep 2023 1 minute read 5 comments Yugocean

     The crypto sector's recent Victories in the SEC lawsuits has breathed new life into the defunct blockchain-based file-sharing and payments network LBRY.  SEC Lawsuit against LBRY    The SEC charged LBRY, Inc. in March 2021. The company was sue...

Binance to Refund XIRTAM scam victims

8 Sep 2023 1 minute read 1 comment Yugocean

     Bimance has decided to pay back the victims of the XIRTAM scam project. This is good news for those who invested in the token sale, but other investors will have to wait. The XIRTAM Scam Fund      In early May 2023, a scam project called "XIRT...

Jim Cramer's Pro Binance News created a stir

6 Sep 2023 1 minute read 4 comments Yugocean

     Today, suddenly, there was a stir among Binance users due to viral news showing notorious Jim Cramer's positivity towards CZ, Binance, and BNB. Oh no, Jim Cramer      It is famous in the economic world about Jim Cramer that whatever business o...

Stake.com hack shocks the crypto world

5 Sep 2023 1 minute read 1 comment Yugocean

     The crypto sector's casinos are in trouble due to the hack of Stake.com, the crypto world's largest casino. Stake hacked      According to information from Stake.com, its ETH/BSC hotwallet was targeted by an unknown hacker. It is being said th...

GALA becomes controversial due to a legal battle between co-founders

4 Sep 2023 1 minute read 2 comments Yugocean

     Eric Schiermeye and Wright Thurston, both co-founders of the play-to-earn blockchain gaming platform Gala Games, are suing each other in Utah District Court, bringing the entire system of GALA into controversy. CEO sues Director      Gala Game...