Bitvavo, a cryptocurrency exchange, has announced through a blog post on its official website that it has received a counterproposal from Digital Currency Group (DCG). The counter proposal regarding debt repayment offered to refund at least 70% of the...
Since the collapse of FTX, many crypto exchanges have been publishing Proof-of-reserves to demonstrate that they have enough assets to cover all the deposits made by their customers. The latest exchange to publish its Proof-of-reserves is India's largest crypto...
Oasys, a blockchain platform designed for, and developed by gamers, has launched the Oasys Ecosystem Fund. The goal of this project is to make it easier for new players to enter the rapidly growing field of blockchain gaming and...
The Central Bank of Nigeria has announced its intention to allow the existence of private stablecoins. Nigeria was one of the first countries to launch a central bank digital currency (CBDC), the e-naira. According to a recently published document,...
Coinbase, the largest cryptocurrency exchange in the U.S., has announced plans to lay off 950 employees, or approximately 20% of its workforce, and many projects as it seeks to lower costs to improve its chances of success under all...
Billionaire businessman and Dallas Mavericks owner, Mark Cuban, is set to be deposed as part of a class-action lawsuit filed by investors of the now-defunct cryptocurrency lending platform Voyager Digital. The deposition, which will take place on February 2nd,...
Nishad Singh, a former associate of Sam Bankman-Fried, the founder of crypto derivatives exchange FTX, is said to be in talks with the U.S. Attorney's Office in the Southern District of New York to reach a plea agreement, according...
As countries in Latin America struggle with the negative effects of high devaluation and inflation rates, more and more individuals and businesses are turning to cryptocurrency as a potential solution. This is particularly evident in Chile, which is facing...
BlockFi has announced that it will release detailed information about its financial standing to the public in the wake of its recent bankruptcy hearing. In a blog post on its website, BlockFi stated that it would publish a comprehensive...
In spite of continuous sanctions imposed in retribution for its invasion of Ukraine, Russia's central bank is reportedly planning to establish a cross-border settlement system using a central bank digital currency (CBDC). According to local media outlet Kommersant, the...
