Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Dubai Executive Council, has unveiled an ambitious plan to attract 5,000 blockchain and metaverse businesses to the kingdom by 2027. The Dubai Metaverse...
The US Department of Justice has confiscated over $500,000 worth of cryptocurrencies and fiat currency from North Korean hackers linked to the North Korean government. Following the seizure of the assets, the authorities returned them to the victims, which...
The Federal Bureau of Investigation (FBI) has issued a public notice about fake cryptocurrency apps defrauding people of their money. According to the notice, US residents have lost over $42.7 million to these fraudulent activities. The FBI has warned...
PRESS RELEASE - Vybe crypto has teamed with the Algofund accelerator to launch a farming pool for the VYBE utility token. For the next 10 days, people can use the Algofund app to stake tokens on the Algofi decentralized...
Despite the bear market's impact on a series of activities, expansion into new frontiers has not been halted. Prominent cryptocurrency exchanges such as Binance, Crypto.com, and Coinbase have continued to expand globally, and Europe has emerged as a new...
Celsius, a popular crypto lending platform, has allegedly submitted an application for Chapter 11 bankruptcy. This comes after the platform made headlines a few weeks ago for preventing its clients from withdrawing their assets. They blamed the decision to...
OpenSea is the latest cryptocurrency company to announce layoffs, with CEO Devin Finzer disclosing that around 20% of the workforce is being let go, in a tweet on July 15. In his Twitter thread, he disclosed the message he...
The Paraguayan Senate has passed yet another law regulating the mining and trading of cryptocurrencies in the country. The Senate had previously approved the bill in December, but the Chamber of Deputies amended and approved it in May this...
The governor of the Reserve Bank of Australia, the Australian Central Bank, Philip Lowe, believes that privately issued and regulated cryptocurrencies will improve the crypto ecosystem better than the Central Bank Digital Currency (CBDC). However, this will only work...
The latest issue of the Macroprudential Bulletin, published by the European Central Bank (ECB), focuses on financial risks associated with cryptocurrencies, particularly those linked to stablecoins and DeFi platforms, as well as the threat posed to goals for the...
