Big names in traditional finance have recently thrown their weight behind the crypto industry. The most recent example is Jamie Dimon, CEO of JP Morgan Chase Bank, the largest bank in the United States, registering his new crypto wallet...
The FTX crash is one of the most powerful shockwaves to hit the crypto industry in 2022. Despite the catastrophic crash, reports indicate that the company's Japanese arm plans to enable withdrawals for its users before the end of...
The issues surrounding the bankruptcy of Celsius are still looming, as regulators in the United States of America have set a deadline for investors and those affected by the bankruptcy to file a proof of claim against the company....
The Ethereum price has dropped 5% in the last 24 hours, according to Coinmarketcap. This is a reaction to the activities of the FTX hacker, as the proceeds from the hack are being dumped into the crypto market. At...
FTX filed for bankruptcy in court on Saturday, claiming that it owed more than $3 billion to over 50 creditors. The exchange had fallen out of favour earlier this month when it declared bankruptcy. This cataclysmic demise of FTX...
Bill Ackman, one of the most prominent proponents and investors in traditional finance, announced on Monday in a series of tweets that he is changing his tune on crypto and is now endorsing a crypto project, even if the...
Joe Biden, the President of the United States of America, during the 2022 G20 leaders summit in Bali, called for stricter policies and regulations in the crypto industry. He said in his statement: "It is critical to build public...
Since this year, the collapse of a number of cryptocurrency exchanges and ecosystems has been attributed primarily to native cryptocurrencies, the most recent example of this being the shocking downfall of FTX. The Korea Financial Intelligence Unit (KoFIU), Korea's...
Chinese internet platforms are hurrying to join the carnival as interest in the World Cup soccer tournament grows worldwide. The country's internet platforms are providing a "metaverse-like" viewing experience enabled by 5G and virtual reality (VR), which will allow...
Binance Labs announced a strategic investment in NGRAVE, a hardware wallet maker, and will lead its upcoming Series A round. NGRAVE is a blockchain and digital asset security company specializing in providing crypto consumers with user-friendly solutions that provide...
