Author: Samantha Thompson
Australian Bank ANZ Suspending Cash Withdrawals and Deposits
An official announcement from the leading financial provider in Australia, ANZ, revealed that the bank would suspend cash-related withdrawals and deposits in some branches. Ranking…
Gnosis Launching Hashi Bridge Aggregator to Address Crypto Hacks
On March 30, the decentralized prediction market platform Gnosis released an innovative harsh bridge network built for blockchain technologies. The Gnosis team announced that the…
Crypto Exchange Bittrex Shutting Down US Office in April
Bittrex, the American-based crypto trading platform, has revealed plans to exit the US market by April 30. The Bittrex team announced on March 31 plans…
Axie Infinity Developers Collaborating with Studios to Increase Web3 Adoption
The famous blockchain gaming company Sky Mavis is partnering with four Web3 studios to develop new games. The partners plan to create blockchain games built…
Thailand Regulators to Abolish Initial Coin Offering Restrictions
A March 30 publication on the Thailand Securities and Exchange Commission (SEC) portal revealed that the regulators would amend the initial coin offering (ICO) regulation. The proposed…
OKX Expanding to Australia, Cites High Demand for Cryptos
On March 29, the second-best crypto exchange by trading volume, OKX, announced plans to pursue the Australian market. Based on the OKX observation, the Australian…
Crypto Exchange Beaxy Shutting Down Operation, Cites SEC Charges
On March 28, the leading crypto exchange in Chicago, Beaxy exchange, announced plans to shut down its core businesses. The reports stated that the ongoing…
Hackers Exploit Safemoon LP Heisting $8.9 Million
On March 29, the Utah-based crypto firm Safemoon liquidity pool was hacked after the bad players launched malware on the smart contract. The malicious attack…
Chinese Regulators Upgrading National Blockchain Standards By Next Year
A recent pronouncement from the Chinese regulators revealed that the country would prioritize improving the existing blockchain standards. The regulators will issue a new blockchain…
General Bytes Refunding Customers Affected By Zero-Day Hack
The Prague-based Bitcoin ATM producer General Bytes has announced plans to compensate customers affected by the recent zero-day hack. On March 23, bad players compromised…
Disney Dismissing 7000 Employees from the Metaverse Division
The leading film and animation producing company Walt Disney has announced plans to reduce headcounts in the metaverse division. Disney management issued an internal memo…
Binance Launching Regional Hub in Georgia to Push for Crypto Adoption
The largest crypto exchange Binance has opened a new blockchain-powered hub in Georgia. The Binance team issued a report on March 26 revealing plans to…
Titanium Blockchain Facing Four-Year Imprisonment Over $21 Million Crypto Fraud Charges
The US Department of Justice (DoJ) issued a report on March 24 announcing the court ruling over the charges facing Titanium Blockchain chief executive Michael…
First Citizen Bank Acquiring the Collapsed Silicon Valley Bank
On March 26, the Carolina-based financial provider First Citizen Bank closed a merger and acquisition deal with the now-defunct Silicon Valley Bank (SVB). According to…
Fed Rejects Custodia Bank Membership Following Crypto Ties Controversies
A report by the Federal Reserves on March 24 revealed the reason behind the denial of the Custodia bank membership application. The Fed shared an…
El Salvador Planning to Eliminate Tax on Innovation and Technological Development
An official announcement from the President of El Salvador Nayib Bukele revealed that the crypto-friendly country would remove taxes imposed on technological development. President Bukele…
Boxing Champion Oleksandr Usyk Releases Blockchain-Powered Platform for Boxers
The Ukrainian boxer Oleksandr Usyk has partnered with crypto exchange Qmall to launch “Ready to Fight,” built on the blockchain network. Usyk launched a new…
Nasdaq Launching Crypto Custodial Services by the End of Q2
The American-based stock exchange platform Nasdaq has revealed plans to launch a crypto custodial service in mid-year. An official report from the Nasdaq team dated…
Binance Team Accused of Violating Chinese Crypto Laws
On March 23, the Chinese regulators accused the largest crypto exchange Binance of violating the crypto laws. China ranks among the top anti-crypto countries, and…
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