Crypto.com Announces 20% Layoffs to Navigate the Prolonged Crypto Winter
Crypto.com is set to reduce its headcount by 20%, citing the prevailing crypto winter. The firm indicated that the economic…
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SEC Charges Gemini and Genesis for Trading Unregistered Securities
The U.S. Securities and Exchange Commission (SEC) filed a lawsuit on January 12 alleging Gemini Trust Company LLC and Genesis…
Polygon Reveals Plans for Hard Fork to Reduce Reorgs and Gas Spikes
Following a heated debate among the Polygon community members, the blockchain developer Polygon Labs is set to proceed with plans…
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Grayscale and SEC in Legal Battle Over Proposed Bitcoin Spot ETF
Grayscale corporation, a virtual asset firm, is in a legal war with the Securities and Exchange Commission over its appeal…
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Hong Kong Approves Samsung BTC ETF Trading On Its Stock Exchange
Samsung Asset Management gets approval from Hong Kong on its appeal to trade its Bitcoin exchange-traded fund (ETF) on its…
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Bill Gates Dismisses Web3 as Revolutionary, Lauds Artificial Intelligence
The Microsoft co-founder, Bill Gates, projected that artificial intelligence would dictate future interactions and not metaverse or Web3 innovations. Gates…
Nexo Facing Investigation by Bulgaria Authorities for Alleged Money Laundering and Tax Offenses
Bulgarian authorities announced subjecting crypto lender Nexo to large-scale investigations alleging computed-related fraud, money laundering and tax offenses. The Bulgarian…
FTX Plans Altcoins Selloff Worth $4.6B; Is A Massive Crypto Dump Coming?
The FTX debacle of two months ago is far from over, as the crypto industry continues to feel the heat…
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Ripple’s European Managing Director Shares 2023 Crypto Industry Forecast
2022 was an eventful year for cryptocurrency. There were massive ups and downs, with some of the most innovative projects…
Coinbase Mulls Exiting Japan Market
American-based crypto exchange Coinbase is set to shut down bulk operations in the Japanese market. A recent statement by Nana…
Decentralized Finance’s Impact: How Ethereum’s Smart Contracts are Changing the Game
Ethereum's smart contracts have opened the door to a new world of decentralized finance, or "DeFi." These self-executing contracts allow…
Genesis Global Creditors Exceeds $3 Billion, DCG Mulls Selling $500 million Venture Capital
The troubled crypto broker Genesis Global revealed on January 12 that it carries obligations to creditors exceeding $3 billion. The…
Court Strips FTX Naming Rights to Miami Heat Arena
Florida Court stripped FTX the naming rights to the Miami Heat arena in a January 11 ruling conveyed retroactive to…
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El Salvador Enacts Crypto Bill to Facilitate Bitcoin-backed Bonds
El Salvador is set to establish a regulatory body after the legislative authority passed the Digital Asset Issuance (DAI) bill.…
Staked ETH Increases To Over 16 Million On The Ethereum Network
According to recent data from analytics firm Glassnode, the number of staked Ethereum (ETH) has surpassed 16 million; an achievement…
Amazon Web Services Partner With Avalanche to Offer Blockchain Solutions
Ava Labs, the Avalanche developer, announced on Wednesday that it has partnered with Amazon, the world's largest e-commerce firm, to…