MetaMask is ending support for the services of Wyre, a popular crypto payment platform. This decision comes amid reports that Wyre may be planning to shut down operations in the near future. To reflect this change, MetaMask took to...
The U.S. Securities and Exchange Commission (SEC) has charged the founder of CoinDeal, Neil Chandran, and seven other individuals for their involvement in a fraudulent investment scheme that raised over $45 million through the sale of unregistered securities to...
Coinbase's stock price rose significantly after it announced a settlement with the New York Department of Financial Services (NYDFS) for $100 million. According to Nasdaq data, Coinbase shares increased by 12.3% to $37.65 at 12:30 p.m. EST. The news...
Animoca Brands, a Hong Kong-based game software developer and venture capital firm, has announced its plans to create a $1 billion metaverse fund to support growing companies and startups in the Web3 industry. The venture capital arm of Animoca...
Magic Eden, a Solana-based NFT marketplace, has announced that it will reimburse users who were duped into purchasing fraudulent NFTs on its website due to a recent attack. According to the team's tweet, the impact was limited to 25...
The United States District Court for the District of Puerto Rico has ordered the detention of Avraham Eisenberg, the alleged perpetrator in the ongoing Mango Markets exploit case. During a detention hearing, United States Magistrate Judge Bruce McGiverin determined...
According to a report, the Hong Kong authorities have recently announced plans to issue a central bank digital currency (CBDC) as a stablecoin backed by the government. This move is seen as a significant step towards the adopting of...
Coinbase, a leading cryptocurrency exchange in the United States, has reached a settlement with the New York Department of Financial Services (DFS) for a total of $100 million. Under the settlement, Coinbase will pay a penalty of $50 million,...
On Tuesday, a Chinese court made a ruling that could have significant implications for the cryptocurrency and gaming industries. The court's decision stated that investments in Play-to-Earn (P2E) games, also known as "idle games," powered by cryptocurrency are not...
The Israeli Securities Authority (ISA) has proposed a framework for regulating digital assets, with over 150 digital asset companies operating in the country and local investors showing increased interest. The proposal suggests amending the country's laws to include digital...
