Telegram issues official statement on Pavel Durov detention
The Telegram team said, “Telegram’s CEO Pavel Durov has nothing to hide and travels frequently in Europe.”
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South Korea to take action against unregistered crypto exchanges
Crypto exchanges operating in the country that do not register by September 24 face potential fines or even jail time. 466 Total views 8 Total shares The South Korean government announced today that crypto exchanges will face punishment if they have not voluntarily registered with the country’s authorities by September 24.This new set of regulations…

Square Enix plans to issue tokens and invest heavily in Web3 gaming
The major game developer is reshaping its business strategy to include a more robust NFT ecosystem by investing in blockchain gaming infrastructure. 72 Total views 3 Total shares Gaming giant Square Enix has revealed in its Q1 earnings report that it will expand nonfungible tokens (NFT) into more game products as part of its medium-term…

SEC files complaint against operator of ‘unregistered’ $33M Crowd Machine ICO
ICO tokens from Crowd Computer were sold to Americans as “investment contracts” according to the SEC’s complaint, which classifies them as securities. 508 Total views 19 Total shares The United States Securities and Exchange Commission (SEC) has filed a suit against Australian Craig Derel Sproule for the allegedly “fraudulent and unregistered” sale “of digital asset…

Delegated proof-of-stake (DPoS), explained
Learn how delegated proof-of-stake (DPoS) brings a democratic evolution in blockchain consensus mechanisms.

Nexo co-founder targets Bitcoin at $100K by mid-2022
Don’t write off Bitcoin, says Nexo co-founder Antoni Trenhcev. Every time you do, it significantly outperforms. 830 Total views 20 Total shares Another promising price prediction has appeared for Bitcoin bulls in 2022. Antoni Trenchev, co-founder and managing partner of Nexo, said that Bitcoin (BTC) could hit the $100,000 milestone as soon as the summer in…

11 companies form Canadian Web3 Council to advocate for comprehensive crypto strategy
The association will champion the creation of a clear digital asset regulatory framework for Canada. 250 Total views 13 Total shares A group of financial technology firms has formed the Canadian Web3 Council, a non-profit trade association that will work with policymakers to advance Canada’s position at the forefront of the global digital economy. Bringing together…

Ether’s ‘most obvious bullish setup’ is set for H2 2024, says former Wall Street trader
Other analysts are also expecting a new Ether all-time high after the ETF launch, but the price is struggling to decisively breach the $3,500 mark.

BNY Mellon fund laments it should have bought Bitcoin, not gold
U.S.-based financial institution BNY Mellon, the world’s largest custodian bank and asset servicing company, states that the recent performance of one of its exchange-traded funds, or ETFs, was significantly impacted by its lack of exposure to companies investing in Bitcoin.The BNY Mellon Opportunistic Small Cap Fund (DSCVX) gained 35% from September 1, 2020, through February…