Russia seizes $10M in Bitcoin from ex-official in bribery case

The metaverse continues to expand, with industry giants and upcoming players racing to seize a slice of the potentially trillion-dollar pie. Close to $2 billion was invested in blockchain-based metaverse deals in 2022, according to Cointelegraph Research’s VC database. A 2022 report by McKinsey estimated the metaverse industry to potentially generate up to $5 trillion in…

There was a time when all cryptocurrencies traded against Bitcoin (BTC). Speculators ventured into other coins when they saw assuring tokenomics or promising hype, but Bitcoin was their settlement coin of choice.Things have changed. Stablecoins now constitute a critical $150 billion pillar in the cryptocurrency market. Perpetual futures over-amplify market sentiment and, more often than…

Xangle, a crypto disclosure platform by CrossAngle, closes a $3.3 million round from South Korea’s conglomerate Hanwha Group. 1421 Total views 21 Total shares Major South Korean conglomerate Hanwha Group is cementing its involvement in the cryptocurrency industry with a new investment.Hanwha Investment & Securities, a securities brokerage subsidiary of Hanwha Group, has participated in…

Binance also confirmed that it helped finance Elon Musk's acquisition of the platform with $500 million. 244 Total views 9 Total shares According to reports on Oct. 28, the crypto exchange Binance intends to create a team to work on crypto and blockchain solutions for Twitter, following the acquisition of the social media company by tech billionaire…

Mt. Gox creditors defy expectations by holding onto their Bitcoin despite a decade-long wait to get their hands on it.

Malaysia’s central bank recently completed a proof-of-concept for a CBDC with three other nations and may consider developing its own cross-border payment system using the blockchain. 633 Total views 5 Total shares Malaysia has joined the growing cadre of nations that are exploring the value of researching and developing a central bank digital currency (CBDC).Malaysia’s…

Bling’s crypto gaming apps have seen a surge of downloads in the wake of COVID-19. 1010 Total views 49 Total shares US-based crypto gaming company Bling has reported a significant increase in the number of people using its products since most of the world entered various stages of lockdown in response to the COVID-19 pandemic.According…

The U.S. Senate has already confirmed the nomination of Allison Lee's replacement, Jaime Lizárraga, to work at the SEC for a term ending in 2027. 94 Total views 5 Total shares Allison Herren Lee, one of five members of the United States Securities and Exchange Commission’s board, has officially left the regulatory body after more…

Global investment bank Nomura, hardware wallet manufacturer Ledger, and digital asset manager CoinShares, have released an institutional-grade custody platform to the wider market. 165 Total views 9 Total shares Global investment bank Nomura, digital asset manager CoinShares, and hardware wallet manufacturer Ledger, have finally launched their institutional-grade custody platform Komainu to the wider market.They’re billing…