SEC first pausing crypto lawsuits with imminent deadlines: Report

The metaverse hype that began in 2021 dissolved almost entirely by the end of 2022 as the top projects in the space, Decentraland, and The Sandbox, lost 95% of their market capitalization. The most prominent reason for the fall was lack of usage growth. Still, the metaverse narrative is far from dead and will grow in…

According to former FTX general counsel Can Sun, Bankman-Fried "was not surprised at all" that billions of dollars were missing. 219 Total views 4 Total shares Sam Bankman-Fried instructed FTX's former general counsel Can Sun to "come up" with any legal explanation for the $8 billion hole in Alameda Research's books, according to Sun's testimony

Several members of US President Donald Trump’s family are backing a new venture to launch what aims to become the world’s largest Bitcoin mining firm. Hut 8, a digital asset mining and infrastructure company, announced on March 31 that it is acquiring a majority stake in American Bitcoin, formerly known as American Data Center. The

Facebook-owned messaging service, WhatsApp, is purportedly in preliminary talks with multiple digital payments firms as well as a state-owned bank to launch digital payment services in Indonesia. Reuters reported that they had learned of this development from anonymous sources on Aug. 20. According to the report, WhatsApp is currently negotiating with transportation booking service Go-Jek, mobile…

The world’s largest crypto exchange will now provide various regulated crypto services to Bahraini citizens. 194 Total views 3 Total shares Crypto exchange Binance will provide fully regulated services to its first country in the Middle East thanks to a license granted by Bahrain’s central bank.Bahrain was able to issue the license through the Cooperation…

Binance is set to implement new compliance measures for South African users, requiring sender and receiver information for all crypto deposits and withdrawals. In an announcement on April 23, the largest exchange in terms of daily trading volume of cryptocurrencies said the move comes in response to local regulatory demands. Starting April 30, Binance users

The creation of smart contracts and Web3 interfaces has led to an entirely new play-to-earn or nonfungible token (NFT) genre of video games. But during the 2021 crypto bull market and subsequent crash of 2022, many of the games in this niche went through incredible ups and downs in terms of player count and transaction…

Sebastian Widmann, head of strategy at Komainu, believes this is a necessary step to attract institutions to adopt digital assets. 248 Total views 2 Total shares Crypto exchange OKX has partnered with custody provider Komainu and asset manager CoinShares to facilitate round-the-clock trading of segregated assets to push institutional adoption of digital assets forward.According to