China has taken an active interest in fostering its fintech industry and promoting blockchain technology, despite its negative stance on cryptocurrencies. The Ministry of Industry and Information Technology, which oversees the Chinese fintech industry, announced plans to enhance its...
Coinme, a popular U.S. cash exchange for cryptocurrencies, and the Stellar Development Foundation, a non-profit organization committed to promoting the growth and development of the Stellar network, have announced that Circle's USDC can now be accessed on Stellar through...
Former FTX CEO, Sam Bankman-Fried (SBF)'s legal saga has taken a new turn as his lawyers and U.S. prosecutors reach a new bail agreement. A Reuters report revealed that on March 27, 2023, SBF's legal team and U.S. prosecutors...
Everything Blockchain Inc. has partnered with the Center for Internet Security, Inc. (CIS), a nonprofit organization committed to improving cybersecurity for a more secure and connected world. According to Everything Blockchain's CEO, Toney Jennings, they are thrilled to collaborate...
Disney, the world's largest entertainment company, has reportedly shut down its metaverse division as part of a broader restructuring plan aimed at cutting operational costs by $5.5 billion and reducing its workforce by 7,000 employees within two months. On...
The cross-chain liquidity protocol THORChain has suspended all trading activities on its network after new claims about a potential vulnerability in the network surfaced. In a tweet on March 28, THORChain clarified that the measure was taken as a...
Defunct cryptocurrency lender, BlockFi, has agreed to reimburse over $100,000 to its California clients, who continued to repay loans despite a trading suspension on November 10, 2022. On March 27, 2023, the Department of Financial Protection and Innovation (DFPI),...
Nearly one billion dollars in cryptocurrency reportedly left the wallets of the crypto exchange platform Binance, as the U.S. Commodity Futures Trading Commission (CFTC) indicted Changpeng Zhao, the platform's CEO, and the platform itself for regulatory violations. Thanefield Capital's...
BetDEX Labs Inc. has announced that it will launch cricket betting markets on its sports betting platform, BetDEX Exchange, just in time for the upcoming 2023 season. This addition marks a significant milestone for the company and is expected...
Binance, the world's largest cryptocurrency exchange, is taking big steps to increase its global reach by establishing a regional hub in Georgia. This move aims to expand the company's talent pool, promote blockchain education, and accelerate the adoption of...
