Ukrainian Pharmacy Partners With Binance To Offer Crypto Payments, Sushi Closes Two Products

Source: AdobeStock / Michaela Jílková

Get your daily roundup of cryptoasset and blockchain related news by investigating the stories flying under the radar of today’s crypto news.

Payment news

  • Large Ukrainian pharmacy chain ANC Pharmacy collaborated with Binanza Ukraine to enable crypto payments through the contactless crypto payment service Binance Pay. The payment option is also available at ANC Pharmacy operated stores including Kopiyka and Sharathe ad said.

DeFi news

  • Decentralized finance (DeFi) application. sushi decided to close two products, according to to chief technology officer Matthew Lilley. “We have made the decision to deprecate Kashi (Sushi Lending) and Miso (Sushi Launch Pad). 1. Kashi for a variety of reasons, had a number of design flaws, was at a loss and did not have the resources to devote to it. 2. MISO, had a lack of resources,” he said, and added, “We plan to launch successors to these products in the future once we have the resources to dedicate product teams to them, but we believe this requires focus entirely on the breadwinner at the moment which is unquestionably the DEX.

Legal news

  • The former president of the South Korean cryptocurrency exchange BithumbLee Jung-Hoon, would be found not guilty since Seoul Central District Court, according to Korea Economic Daily. Lee was accused in October 2018 of fraudulently violating the Aggravated Sentence of Specific Economic Crimes Act during negotiations to acquire Bithumb.
  • The Securities Commission of the Bahamas (SCB) has denied the statements presented to the press and to judicial records by the FTP extension debtor representative and managing director John J. Ray III. Among other things, Ray made public statements stating that the Commission instructed FTX to “mint a substantial amount of new tokens” and did so under “oath” during a court filing before the United States House Committee on Financial Services. “Such unsubstantiated claims have the effect of promoting distrust of public institutions in the Bahamas,” she said.

Regulatory news

  • The governor of the plant Al-Maghrib Bank (BAM) Abdellatif Jouahiri announced that the draft law regulating the cryptocurrency market in Morocco is “ready” and will be presented to various stakeholders within the market in the coming days, Morocco World News reported. The Moroccan central bank will soon start a series of discussions with various players within the ecosystem ahead of the implementation of the cryptocurrency regulatory document, including the Moroccan Capital Markets Authority (AMMC) and the Insurance and Social Security Supervisory Authority (ACAPS).

Game News

  • Level 1 blockchain Aptos is preparing to launch its first Web3 game titled “Gran Saga: Unlimited”, made in collaboration with NPIXEL, a major game developer in South Korea. According to a press release, this will be a massively multiplayer online role-playing game (MMORPG) and will be the first game title from NPIXEL METAPIXEL’s metaverse ecosystem to use Web3 and blockchain technology . Users will have the opportunity to earn gaming assets and mint gaming equipment such as NFTs, which they will be able to trade within marketplaces built on the Aptos network. Testing for “Gran Saga: Unlimited” will begin in Q1 2023 ahead of a global public release in Q2.

Career news

  • Zodia Custody has nominated ex Bitstamp boss and Starling Bank co-founder Julian Sawyer as the new CEO, Finextra reported. Zodia is a UK investment bank branch Standard paper and is supported by Northern trust.

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