The Microsoft co-founder, Bill Gates, projected that artificial intelligence would dictate future interactions and not metaverse or Web3 innovations. Gates expressed his reservations that web3 is…

Bulgarian authorities announced subjecting crypto lender Nexo to large-scale investigations alleging computed-related fraud, money laundering and tax offenses. The Bulgarian prosecutor’s office confirmed the active investigations…

American-based crypto exchange Coinbase is set to shut down bulk operations in the Japanese market. A recent statement by Nana Murugesan, the crypto exchange’s head of…

The troubled crypto broker Genesis Global revealed on January 12 that it carries obligations to creditors exceeding $3 billion. The revelation coincides when the crypto broker,…

Florida Court stripped FTX the naming rights to the Miami Heat arena in a January 11 ruling conveyed retroactive to December 31, 2022. The court-directed cancellation…

El Salvador is set to establish a regulatory body after the legislative authority passed the Digital Asset Issuance (DAI) bill. The landmark legislation passed on January…

Binance’s announcement on January 11 lauded the decision by Sweden’s financial authority to grant the operating license. The decision mirrors approval granted to Binance by France,…

A recent audit of WazirX operations revealed that the crypto exchange has the largest volume of transactions. The report showed that WazirX had accumulated the largest…

Crypto.com announced the decision to delist Tether in compliance with the Canadian regulator. The crypto exchange confirmed plans to terminate Tether-based transactions in Canada by January…

The court ruling delivered on Tuesday, January 10, a hearing concerning Binance.US’ proposal to acquire Voyager’s assets made the acquisition closer to reality. Sitting in the…

Nasdaq-listed Coinbase Global Inc restructuring plans feature a 20% headcount reduction in an attempt to navigate the bear market. The American crypto exchange emphasizes that laying…

Huobi Korea announced plans to gain autonomy from the parent company. The split will allow its chairperson Cho Kook-Bong to assume a significant ownership stake from…

Bankrupt crypto lender Voyager defended the US Binance’s plan to acquire its assets terming the opposition lodged by FTX’s affiliate Alameda Research and federal regulators as…

The Investment bank Jefferies notified investors on January 8 decision to downgrade Marathon Digital, citing its inability to honor the schedule for the ongoing constructions. The…

The Delaware bankruptcy court revealed that FTX officials spent over $40M to fund lavish lifestyles last year. The excessive expenditure was on luxurious hotels, vacations, regular…

The central bank of Mexico, Banxico, will launch its digital fiat currency Peso next year. The team behind the Peso project confirmed that the Mexican digital…