Category: Web3
FTX Paid Its Bankruptcy Lawyers $32 Million In February
A recent publication showed that many legal professionals defending the case of FTX’s bankruptcy in the ongoing lawsuit raked in a whopping $32.5 million…
Sei Secures $30 Million in Funding For a Fast Blockchain Trading Platform
The latest report shows that Blockchain technology company Sei Labs has received $30 million in investment to create a super-fast blockchain trading platform. Companies that…
GDAC Exchange Suspends Withdrawal And Deposit Amid $13 Million Cyberattack
Following a cyberattack that resulted in the theft of approximately $13 million in digital assets, cryptocurrency exchange GDAC has stated that it is temporarily stopping…
0.53% Of Crypto Investors Remit Their Taxes To Regulators Globally: Study
Recently, a Swedish analytic firm, Divly, conducted a study exploring how people from different regions comply with crypto tax laws. The study revealed that only…
Texas Policymakers Called Digital Currency Backed By Gold
The Texas policymakers have issued two new identical bills that support the creation of a state-based digital currency. The bill requires trustees to hold enough…
Binance (BNB) Price Report: Binance Continues To Consolidate As Price Halts At $310
Binance Coin’s (BNB) price has been consolidated during the last few days, circling around the $310 level. However, the most recent assessments of the 4-hour…
Signature Bank’s Failure Is Not Related To Cryptocurrency: NYDFS Superintendent
The manager of the New York Dept. of Financial Services (NYDFS), Adrienne Harris, has debunked the rumor that the U.S. regulators want to introduce an…
‘Bad Faith Regulator:’ Tom Emmer Accuses SEC Boss Of Bad Regulation
Congressman Tom Emmer of Minnesota has referred to Securities and Exchange Commission (SEC) Chair Gary Gensler as a “bad faith regulator” in what looked like…
Robinhood Pays $10M Fine To State Securities Regulators
Robinhood has been mandated to pay a sum of $10.2 million as a fine after seven state securities authorities found it guilty for harming its…
Sam Altman’s Wordcoin Suffers, At The Verge of Fading Out
Sam Altman, a digital entrepreneur, supported a start-up called Wordcoin, which is in danger of going out of business. The company recently announced the release…
Japanese Web3 Developers Pushing For Crypto-Friendly Regulations
A team of Web3 developers from the Japanese Liberal Democratic Party have formulated a white paper proposal outlining effective strategies to broaden the crypto space….
Report: Binance Turns Down Request To Buy Stake In Huobi
One of the biggest cryptocurrency exchanges in the world, Binance, reportedly declined to invest in Huobi, another significant player in the market. The report says…
Crédit Agricole And SEB Form Alliance Set To Launch So|Bond
Crédit Agricole CIB and SEB are collaborating to launch a green-tinged blockchain-induced bond platform. Report gathered so far on this development says that the platform…
UAE Central Bank Reconsiders It’s Digital Currency Strategy, Collaborates With Major Industries
A significant industrial partnership that will strengthen the Central Bank of the United Arab Emirates (CBUAE) Central Bank Digital Currency (CBDC) policy has been revealed….
US Harsh Regulations May Shift Crypto Investors’ Focus To Hong Kong: Kaiko CEO
According to the latest news, the CEO of Kaiko, Ambre Soubiran, suggested that Hong Kong might soon be crypto trading and investments’ center of gravity….
Alchemy Pay’s Funding Round Generates $10 Million for South Korea Expansion
The leading payment provider in Singapore, Alchemy Pay, yielded $10 million in a funding round led by DWF Labs. A publication on the Alchemy website…
Avalanche Foundation Launching Avaissance Mentorship Program for Digital Artist
On March 30, the Avalanche Foundation launched a mentorship program called Avaissance. The program aims to provide digital creators with abiding support in creating blockchain…
President Biden Urges US Regulators To Make More Stringent Bank Regulation
According to reports, the president of the United States, Joe Biden, is demanding the federal banking authority to create stricter rules. He reportedly claimed harsh…
Buy Bitcoin With Apple Pay – A Step-by-Step Guide 2023
Several ways have been introduced in the crypto market to purchase Bitcoin. Crypto exchanges also facilitate their customers to buy Bitcoins through the Apple Pay…
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…
Recent User Comments