Mexico Digital Peso Launching in Phases
The central bank of Mexico, Banxico, will launch its digital fiat currency Peso next year. The team behind the Peso…
Digital Currency Group Faces DOJ and SEC Probes
The Securities and Exchange Commission (SEC), alongside New York-based federal prosecutors, is probing Digital Currency Group (DCG) for alleged internal…
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Hong Kong Financial Secretary Stresses the City’s Pro-Crypto Credentials
Hong Kong's financial secretary Paul Chan restated the city's preparedness to shape the region's crypto industry. In his January 9…
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Huobi Withdrawals Slows as Tron’s USDD Experiences Fresh Slip
Singapore-based crypto exchange, Huobi experienced a slower pace of withdrawals on January 8 though its stablecoin USDD's prices slipped away…
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Bitcoin Will Suffer More Price Dip In 2023, CryptoQuant Analyst Predicts
After the FTX implosion, Bitcoin, the most widely used cryotocurrency in the world, is still struggling to scale above its…
Ferrari Terminates Sponsorship Contract With Velas Blockchain
Automobile manufacturer Ferrari suffers a loss of more than $50 million after terminating a contract with Velas blockchain. The source…
NFT Platform SuperRare Labs Admits Overhiring and Lays Off 30%
The social-based NFT platform admitted over-hiring during the aggressive crypto growth. The digital artwork marketplace. SuperRare Labs joined the list…
Solana Rallies as Entire Crypto Market Sees Green This Week
After a brutal 2022, all the major cryptocurrencies are in green in the first week of 2023. Moreover, none of…
Blockchain Group Opposes Singapore’s Ban On Token Lending
In a recent statement, the Blockchain Association of Singapore (BAS) opposed the proposal by the central bank to ban token…
Coinbase And ENS Partner To Expand Web3 Names On Android And iOS
The decentralized name-tagging system, Ethereum Network Service (ENS), has collaborated with Coinbase to increase the usage of Web3 names. According…
Crypto And Web3 Firms Might Struggle To Raise Funds In 2023 – Research
2022 was a challenging year for the crypto community. Meanwhile, crypto venture capital firms still invested immensely in several projects…
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DeLabs Receive $3 Million for Y00ts NFT Collection to Exit Solana
DeLabs confirmed a $3 million receipt to allow y00ts NFT collections to shift from Solana to Polygon. The startup behind…
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Justin Sun Counters Withdrawals by Moving $100M in Stablecoins to Huobi Exchange
The scrutiny of the Huobi exchange by blockchain data analytic firm Nansen revealed a huge inflow of stablecoins. The detailed…
Genesis Trading Lays Off 30% Staff as Financial Crisis Persist
Ailing crypto lender Genesis Trading confirmed reducing its headcount by 30% as part of its strategy to lower costs. The…
Did You Lose Funds to FTX? This Website Links You to US Law Enforcement
On Friday, United States Federal prosecutors presented documents in court asking for a permit to utilize a website to facilitate…
An Aptos-Based Multi-Sig Wallet Secures $5 Million In Funding
MSafe, a prominent Aptos-based multi-sig wallet provider, recently achieved $5 million in Series A funding, with Jump Capital being the…