Bloomberg today reported that a Singaporean court has granted Babel Finance an additional three months of creditor protection. Babel Finance, a cryptocurrency lending company that ceased withdrawals in 2022, will now have more time to pay back creditors like...
Core DAO, a company dedicated to the growth of the Satoshi Plus ecosystem, has launched a $200 million Ecosystem Fund. The fund's goal is to hasten the creation of decentralized applications and protocols built on the Core Layer 1...
The Securities and Commodities Authority (SCA), the UAE's federal financial regulatory agency, has announced that it would accept license applications for companies wishing to offer virtual asset services in the country. The SCA mandates that all virtual asset service...
A video of Gary Gensler, the Chair of the US Securities and Exchange Commission (SEC), praising Algorand has resurfaced on Twitter following the SEC's declaration that ALGO, the Algorand blockchain's native token, is an unregistered security. A Video of...
A group of twelve European Union (EU) politicians has released a statement calling for the safe development of artificial intelligence (AI) in response to a warning from Google's CEO, Sundar Pichai, about the dangers of unleashing powerful AI technology...
Coinbase has unveiled a plan for the UK to become a hub for the Web3 economy and "turbocharge" its cryptocurrency industry. On April 17, 2023, Sky News reported that the UK Treasury intends to reactivate the Asset Management Taskforce...
Bittrex, a US-based cryptocurrency exchange, may face legal action from the US Securities and Exchange Commission (SEC) for allegedly violating investor protection regulations, despite the exchange's plan to shut down its local operations. According to a Wall Street Journal...
Ohio's 8th District Representative, Congressman Warren Davidson, known for his pro-cryptocurrency stance, has announced his intention to introduce legislation that could lead to the removal of Gary Gensler, the chair of the US Securities and Exchange Commission (SEC). This...
Paxos has released a report intended to help the crypto community navigate the crypto winter and understand how to respond to current market conditions. The Paxos Crypto Winter Report 2023 is a 20-page document that identifies key opportunities for...
Bitrue cryptocurrency exchange today disclosed that it had been the victim of a hot wallet breach, resulting in the theft of several cryptocurrency assets valued at around $23 million. Bitrue has since responded by taking swift action to prevent...
