Yuga Labs’ Proposed Restructuring Plans Results to Headcount Reduction
Kimberly CrainIn its April 26 report, the developer of Bored Ape Yacht Club Yuga Labs unveiled its restructuring plans. The proposed…
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Google Cloud Debuts Web3 Portal for Blockchain Developers, Crypto Community Reacts
As the tech sector faces fierce competition, critical industrial players are exploring ways to assist the developers navigate the competitive…
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Payment Provider Stripe Revive Crypto Initiative by Launching USDC Payment
In its Thursday report, the giant payment company Stripe revealed plans to support USD Coin (USDC) payments. The announcement created…
Co-Founders of Samourai Wallet Arrested for Operating Unlicensed Money Transmitter
The US Department of Justice (DOJ) has announced the arrest of the co-founders of Samourai wallet. In an April 24…
Former Binance CEO Changpeng Zhao Plea for Leniency Ahead of Sentencing
The former chief executive of Binance, Changpeng “CZ" Zhao, has shown remorse for breaching the federal regulation and money laundering law.…
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Ripple CEO Projects Crypto Market Capitalization to Reach $5 Trillion By End of 2024
Following the strong recovery of the digital assets, the chief executive of Ripple, Brad Garlinghouse, projected an impressive growth of…
Crypto Advocacy Groups Support Tornado Cash Developer Roman Storm
Following the apprehension of the Tornado Cash developer Roman Storm, the crypto advocacy groups have stepped up to challenge the…
Paraguay Restricts Crypto Mining to Address Power Shortages
As the crypto miners prepared for the 2024 Bitcoin halving, the investors in Paraguay were locked out of numerous opportunities…
El Salvador Launching Bitcoin Diploma Program on Open-Source Platforms
As El Salvador seeks to position itself as the leading crypto hub, the government has stepped up to onboard more…
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Parallel Studio Nets $35M in Funding Round Led by VanECK
In an official communication, the Paris-based game developer Parallel Studios yielded $35 million in a seed funding round. The successful…
FTX Estate Selling Locked Solana Worth $7.5 Billion
In a recent announcement, the estate of the now-defunct crypto exchange FTX is selling the remaining 41 million locked Solana…
IcomTech Former Promoters Convicted for Wire Fraud
In a recent publication, the Office of Attorney of the Southern District of New York took decisive action to bring…
ShapeShift Settles SEC Charges Over Illegal Offering of Securities
In its Monday update, the US Securities and Exchange Commission (SEC) closed a settlement agreement with the Swiss-based crypto firm…
Nokia Projects Increase in Network Demand Citing Development on Metaverse
The renowned Telecommunication company Nokia envisages that the growing demand for Meteverse and Web3 services will trigger an increase in…
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Hackers Compromise Sky Mavis Co-founder’s Wallet Draining Assets Worth $9.5M
On Thursday, the co-founder of the Sky, Mavis Jeffrey Zirlin, suffered a malicious attack leading to the loss of a…
Circle Ends Support for USDC on Tron Network
On Wednesday, the second largest stablecoin issuer by daily trading volume, Circle, revealed plans to stop supporting USDC on the…