The Hong Kong Securities and Futures Commission (SFC) has issued a public warning regarding the activities of JPEX, an unlicenced virtual asset trading platform operating in the region. In a statement released on September 13, 2023, the SFC raised...
PayPal has once again moved to assert itself in the Web3 payment space by launching an on- and off-ramp integration for merchants and service providers. PayPal, on September 11, 2023, announced that it is introducing an off-ramp service for...
Animoca Brands has successfully secured a $20 million investment to accelerate the development of one of its flagship initiatives, the Mocaverse. The Hong Kong-based game software developer and venture capital firm announced this development in a blog post on...
Bryan Pellegrino, the CEO of LayerZero Labs, has voiced his disappointment with the approach taken by the new management of the bankrupt FTX estate in resolving share ownership issues with LayerZero. The FTX management filed a lawsuit on September...
Japanese electronics manufacturer Casio, in collaboration with Polygon Labs, is venturing into the world of NFTs with its latest announcement of the virtual G-SHOCK project. As part of the project, the company would establish an interactive user community to...
The London Stock Exchange Group (LSEG) is reportedly developing a blockchain-based digital platform for trading financial assets. Murray Roos, the head of capital markets at the LSEG, stated in an interview with the Financial Times that the Group is...
Federal Judge Lewis Kaplan has set a September 7 for former FTX CEO Sam Bankman-Fried to request a jury for his trial scheduled for October. During an August 30 hearing, Judge Kaplan reportedly queried Bankman-Fried's lawyers about potentially needing...
Digital asset management firm Grayscale has achieved a significant legal victory over the United States Securities and Exchange Commission (SEC) in its pursuit to transform its Grayscale Bitcoin Trust (GBTC) into a publicly traded Bitcoin exchange-traded fund (ETF). The...
Bitget has unveiled a comprehensive update to its Know Your Customer (KYC) procedures and the new policy is slated to take effect from September 1, 2023. The Seychelles-based cryptocurrency exchange announced this development on Monday, August 21, 2023, emphasizing...
The Philippine National Police Anti-Cybercrime Group (PNP ACG) has issued a warning alert about the dangers associated with cryptocurrency-based gaming schemes. The Philippine authorities urged its citizens to maintain vigilance against the diverse tactics employed to extract funds from...
