Elon Musk, the billionaire entrepreneur and CEO of SpaceX and Tesla, is facing a $258 billion lawsuit accusing him of operating a pyramid scheme to promote...
Baseball fans attending the opening day of the Major League Baseball (MLB) season at Nationals Park in Washington D.C. were greeted with an unexpected sight –...
Bermuda’s Premier and Finance Minister, Edward Burt, has affirmed the territory’s commitment to digital assets and blockchain technology, despite the collapse of crypto exchange FTX in...
Cryptocurrency exchange Bittrex has announced that it will be winding down its operations in the United States due to a challenging regulatory and economic environment. The...
The Sango Project, the organization behind the launch of the Central African Republic’s Sango Coin, has announced a delay in its listing due to legal and...
The National Futures Association (NFA), the self-regulatory organization for derivatives markets in the United States, has issued a new compliance rule for its members engaged in...
Artificial intelligence (AI) is becoming increasingly prevalent in the crypto industry, with OKX leading the way in integrating the technology to enhance user experience. On March...
Over 2,600 tech industry leaders and researchers, including Tesla CEO Elon Musk and Apple co-founder Steve Wozniak, have signed an open letter calling for a temporary...
The United States government has announced plans to sell more than 41,000 Bitcoin that were seized as part of the case against Silk Road creator Ross...
Huobi Global, a leading cryptocurrency exchange, has announced a strategic partnership with Gala Games, a blockchain-based play-to-earn gaming platform. The partnership was announced on March 31...
Italy’s data protection agency has temporarily blocked OpenAI’s ChatGPT, an artificial intelligence chatbot, over suspected breaches of data privacy rules. The move comes in response to...
In the midst of ongoing global banking turmoil, Binance.US has announced the temporary suspension of some services related to its BUSD stablecoin pairs via the One...
The Avalanche Foundation has launched Avaissance, an initiative aimed at supporting digital artists and boosting the growth of the Avalanche NFT ecosystem. Avaissance includes two main...
FTX EU, the European arm of the global trading platform, has launched a website to allow European customers to submit withdrawal requests. This move comes nearly...
The world’s economic powerhouses appear to be distancing themselves from US dollar hegemony as they look to create a new world order. The BRICS alliance, which...
ANZ Bank, one of the “Big Four” banks in Australia, recently announced that it will no longer facilitate withdrawals and deposits at some of its branches...
Data collected by The Giving Block, a crypto charity platform, has revealed that cryptocurrency donations are set to exceed $10 billion in the next decade. The...
Thailand’s Securities and Exchange Commission (SEC) has announced plans to ease restrictions on retail investments in initial coin offerings (ICOs) to boost digital investments in the...
Developers of Solana Web3 apps may soon be able to port their apps to the Cosmos ecosystem, creating new opportunities for users and providing a greater...
The issue of how Big Tech companies handle user data has been a topic of debate for some time. Meta, Apple, Google, and Microsoft are often...
Sky Mavis, the creator of the popular blockchain game Axie Infinity, has announced that it is expanding its Ronin Network with the addition of four gaming...
Revolut, a British-Lithuanian fintech company known for its crypto-friendly services, recently released its annual report for the year ending December 2021. The report revealed that Revolut...
Regulated stablecoins have become a focal point for policymakers, with experts in digital regulation discussing their future use at the World of Web3 (WOW) Summit in...
Decentralized finance (DeFi) has experienced tremendous growth in recent years, with its total value locked (TVL) surpassing $100 billion in August 2021. However, the lack of...
Hong Kong is once again opening up to the crypto market, as local investors launch a $100 million fund to finance the digital industry. The new...
In a statement released on March 29, OKX announced its intention to expand its crypto services to Australia, citing the country’s strong adoption of cryptocurrency. The...
Nigerian crypto investors using peer-to-peer (P2P) services are facing difficulties as the Central Bank of Nigeria (CBN) has flagged their bank accounts. The CBN’s decision is...
In a bid to enhance the security of the digital ecosystem, Web3 infrastructure protocol Wakweli has partnered with layer-2 scaling platform Polygon to offer certification of...
Non-fungible token (NFT) startup Freeport has made history by becoming the first company to receive SEC approval to launch its crowd-ownership blockchain platform for a four-piece...
Nonfungible tokens, or NFTs, have become a popular gateway for users to enter the Web3 ecosystem, with artists and creators leveraging Web3 tools to enhance their...
Gary Gensler, the current chairman of the United States Securities and Exchange Commission (SEC), is set to testify before the House Financial Services Committee on April...
On December 26, 2022, BitKeep, a multichain wallet, suffered an attack that resulted in an estimated $8 million loss of funds from users who downloaded the...
Australia has been known for its progressive stance on cryptocurrency regulation. Recently, Senator Andrew Bragg submitted a private senators’ bill titled Digital Assets (Market Regulation) Bill...
The European Union has taken a step towards greater financial transparency with a proposal to limit anonymous crypto transfers to 1,000 euros ($1,083) to combat money...
The Bank of Russia’s central bank digital currency (CBDC) pilot, which was scheduled to begin on April 1, has been delayed indefinitely due to specific legislation...
SafeMoon, a cryptocurrency project that gained traction through endorsements by celebrities and social media influencers, recently announced that its liquidity pool (LP) had been compromised. While...
The draft rules that have been developed by China’s Ministry of Industry and Information Technology to strengthen the requirements for the development of blockchain technology by...
The founder of the cryptocurrency exchange FTX, Sam Bankman-Fried, is facing a new 13-count indictment, including charges of bribery related to an alleged $40 million bribe...
In a move that is set to enhance the availability of decentralized business data, AllianceBlock has partnered with Crunchbase to make its data available to users...
In a recent update to the ongoing class-action lawsuit against bZx DAO members, a United States district judge ruled that the ability for developers to upgrade...
ZeroSync Association, a Swiss-based nonprofit organization, is pioneering the use of zero-knowledge proofs (ZK-proofs) for the validation of the Bitcoin network. ZeroSync’s open-source tooling allows users...
The legal saga surrounding FTX founder Sam Bankman-Fried continues as new developments arise in his case. On March 27, Bankman-Fried’s lawyers reportedly reached a new bail...
On March 27th, the United States Commodity Futures Trading Commission (CFTC) filed a suit against Binance, accusing the crypto exchange of regulatory violations. The accusation, however,...
The United States Commodity Futures Trading Commission (CFTC) recently filed a lawsuit against Binance, one of the world’s largest cryptocurrency exchanges, and its CEO, Changpeng “CZ”...
THORChain is a decentralized cross-chain liquidity protocol that enables users to swap assets between different blockchain networks without needing centralized exchanges. The platform, founded in 2018,...
Bitcoin has been making headlines lately, as its price continues to rise, and the hash rate of the network has reached all-time highs. According to data...
The year 2022 was a tumultuous one for the cryptocurrency industry, with an ongoing bear market and the high-profile collapses of some of its most prominent...
Binance, one of the world’s largest cryptocurrency exchanges, is expanding its global reach with the opening of a new blockchain hub in Georgia. The move is...
Business intelligence firm and major Bitcoin investor, MicroStrategy, has announced that it is acquiring more Bitcoin amid the recent cryptocurrency market recovery. According to a recent...
South Korean authorities are intensifying their efforts to track down and arrest Shin Hyun-Seong, also known as Daniel Shin, co-founder of cryptocurrency platform Terra. This follows...
Hong Kong-based crypto firms preparing for the new licensing regime for crypto exchanges in June have found unexpected allies in the region. Chinese state-owned banks, including...
Kokomo Finance, an open-source and noncustodial lending protocol on Optimism, has been accused of an exit scam worth $4 million. The protocol allegedly plucked user funds...
First Citizens Bank, a North Carolina-based bank, is set to acquire Silicon Valley Bank’s deposits and loans following the latter’s collapse in March 2023. The Federal...
In a cryptocurrency fraud scheme that took place in late 2017 and early 2018, investors purchased BARs, a crypto token, to participate in an initial coin...
Coinbase, a leading cryptocurrency exchange, has outlined four critical innovations that should be built on its newly launched layer-2 network, Base. The exchange believes that the...
As the global banking crisis continues to fuel concerns among investors, the popularity of US money market funds is surging. According to Emerging Portfolio Fund Research...
In an effort to provide First Republic Bank with a time buffer to address balance sheet concerns, US authorities are reportedly deliberating on expanding an emergency...
American venture capitalist and entrepreneur Tim Draper has advised business founders to diversify their cash holdings in the wake of the collapse of Silicon Valley Bank...
Japanese multinational tech company Fujitsu has filed a trademark application with the United States Patent and Trademark Office (USPTO) for a new branding that intends to...
In a dramatic turn of events, the hacker behind the $196 million exploit on the lending protocol Euler Finance has returned the majority of the stolen...
Venezuela, a country known for its volatile political climate, has recently made headlines for shutting down several crypto mining facilities throughout the country. According to reports...
Arbitrum, a blockchain platform that aims to provide fast and low-cost transactions, recently experienced a security breach on its official Discord server. On March 25, security...
Through the years, Sony Interactive Entertainment, the company that owns the PlayStation brand, has shown that it is interested in virtual currencies such as bitcoin and...
NFTs, or non-fungible tokens, have taken the world by storm in recent years. These unique digital assets, which are stored on the blockchain, have opened up...
Animoca Brands, a venture capital firm and Web3 game developer, has refuted recent claims that it has scaled back its metaverse fund target by $200 million,...
In a recent incident that left the NFT community stunned, NFT collector Brandon Riley accidentally burned a CryptoPunk NFT worth $200,000 by sending it to a...
The developer of the immensely popular PlayStation gaming console, Sony Interactive Entertainment, has recently submitted a patent application for a framework that, once implemented, will enable...
The blockchain security company CetriK issued a warning on March 25 about a phishing link that was being spread via the official Discord server of Arbitrum,...
Animoca Brands, a venture capital firm and web3 game developer, has denied recent reports that it has scaled back its metaverse fund target and experienced a...
Coinbase, a prominent U.S.-based cryptocurrency exchange, has been issued a Wells notice by the U.S. Securities and Exchange Commission (SEC) over possible securities law violations regarding...
In recent news, Animoca Brands has reportedly reduced its target for its metaverse fund by a further 20% to $800 million, according to sources familiar with...
However, the blending of traditional and decentralized finance (DeFi) continues to strengthen despite the challenges. In Nigeria, crypto wallet MetaMask has partnered with crypto fintech MoonPay...
Deutsche WertpapierService Bank (Dwpbank), which provides securities processing services to approximately 1,200 banks in Germany, is launching a new platform called wpNex. This platform will allow...
Since there is a possibility of hazards being linked with USDC, the MakerDAO Risk Core Unit recently proposed the notion of diversifying the collateral for Dai....
Arbitrum, a layer-2 scaling solution for Ethereum, recently launched an airdrop campaign for its native token, ARB, causing a frenzy among cryptocurrency enthusiasts. On-chain activity showed...
After four years in development, the Ethereum layer 2 scaling network, zkSync Era, has opened to users in alpha, enabling faster and cheaper transactions. Between 32...
The global securities marketplace known as Nasdaq is planning to join the cryptocurrency business by the end of the second quarter of 2022 when it will...
According to recent reports, the Singapore-based cryptocurrency exchange known as Zipmex has failed to make a payment totaling $1.25 million as required by the terms of...
Binance, the world’s largest cryptocurrency exchange, has faced accusations of enabling money laundering and facilitating criminal activities in the past. In response to the FTX scandal,...
Hackers have managed to steal $500,000 worth of tokens from layer-2 scaling solution Arbitrum’s March 23 airdrop. The theft was carried out through the use of...
In March 2021, Greenpeace partnered with art activist Benjamin Von Wong for its “change the code, not the climate” campaign to convert Bitcoin’s consensus mechanism to...
Two days previous to the announcement that the Wells notification was forthcoming, ARK Invest had already sold 160,887 of its Coinbase shares using the ARK Fintech...
OpenAI has introduced a new plugin feature for its AI chatbot, ChatGPT, that will allow it to retrieve information from online sources and interact with third-party...
The US government’s ongoing crackdown on cryptocurrencies and crypto firms is causing concerns among industry experts, who argue that it could have a negative impact on...
Web3 technology is becoming increasingly pervasive in mainstream industries, raising important questions about the ethics needed to operate in the space. During the second day of...
The Central Bank of the United Arab Emirates (CBUAE) is taking significant steps towards the full launch of its central bank digital currency (CBDC) known as...
The world has been facing a banking crisis that has caused a great deal of uncertainty and market anxiety. According to Circle CEO Jeremy Allaire, this...
At Paris Blockchain Week 2023, a panel of experts in Web3 gathered to discuss the ways in which this new paradigm is transforming the startup and...
In a move that has disrupted the cryptocurrency industry, Kraken, one of the world’s largest cryptocurrency exchanges, has announced that it will no longer support ACH...
In a recent crypto crime webinar, Eric Jardine from Chainalysis revealed how scammers adapt their strategies to changes in market situations. While overall crypto scam revenue...
Australia’s Independent Reserve Eyes Expansion to Hong Kong Amidst Proposed Licensing Regime for Crypto Exchanges Independent Reserve, a cryptocurrency exchange based in Australia, is looking into...
In a recent development, Coinbase, the popular cryptocurrency exchange, has been issued a Wells notice by the United States Securities and Exchange Commission (SEC), which typically...
The US Commodity Futures Trading Commission (CFTC) held their first Technology Advisory Committee meeting in Washington D.C. on March 22. As part of the scheduled meeting,...
The recent collapse of Silicon Valley Bank (SVB) has prompted an internal investigation by the Federal Reserve to look into the failure of the bank and...
In recent news, Bitzlato, a Russia-linked cryptocurrency exchange, has partially restored access to user funds, despite being officially seized by European authorities. The exchange has enabled...
Cathie Wood’s investment management firm ARK Invest has sold a portion of its Coinbase shares as the stock sees significant growth in price. After three months...
The most recent product that MetaMask Institutional has to offer is a staking marketplace that is designed to make the process of institutional staking for Ethereum...
In a security breach, the Twitter account of Circle’s USD Coin (USDC) stablecoin chief strategy officer Dante Disparte has been compromised. The hack resulted in the...
Visa, one of the world’s leading payment providers, has released its biannual threat report, revealing that 2022 saw a record-breaking number of cryptocurrency thefts, with over...
Nigeria’s central bank launched its own digital currency, the eNaira, in 2021, and nearly 18 months later, the CBDC is seeing increased adoption in the country....
In a court filing on March 20, lawyers for the class-action lawsuit accused Ben Armstrong, also known as BitBoy Crypto, of making multiple threats against them...
