Crypto hedge fund Galois Capital is reportedly closing down in the wake of the collapse of cryptocurrency exchange FTX, which caused a wave of contagion in the industry. According to reports, the firm had over 50% of its assets...
WEMIX, a gaming protocol has unveiled the WEMIX Kanvas, an Ethereum-based Layer 2 chain based on the work of the Ethereum Virtual Machine (EVM)-equivalent Zero Knowledge (ZK) Rollup. The launch is part of the protocol’s plan to build a...
The Sui Foundation, the developers of the SUI ecosystem, has announced its partnership with BitGo, a leading custody and security solutions provider. SUI token holders will be able to store and stake their assets using both custodial and non-custodial...
Olga Skorobogatova, the first deputy governor of the Bank of Russia, announced at an Economic Conference that 13 local banks and some merchants would be conducting the first actual digital ruble transactions on April 1, 2023. This will mark...
CTL, a renowned manufacturer of Chromebooks, Chromeboxes, and a cloud computing service provider, has announced its collaboration with Ecodrive, a leading provider of eco-friendly sustainability solutions. The companies will plant a native mangrove tree for each online order as...
The California Department of Financial Protection and Innovation (DFPI) yesterday launched the DFPI Crypto Scam Tracker. The tracker provides details of identified crypto scams, as reported by the public, to allow investors and consumers to research and prevent potential...
Do Kwon, the founder of Terraform Labs, and the company have been sued by the U.S. Securities and Exchange Commission for allegedly organizing a multi-billion-dollar crypto asset securities fraud. The US SEC claimed that Kwon and Terraform offered and...
The Bank of Japan (BOJ) has announced the pilot program for the country’s Central Bank Digital Currency (CBDC), set to kick off in April 2023. Over the past two years, the BOJ has conducted tests to explore the feasibility...
Thred, a brand-new blockchain commerce startup that helps people discover digital assets they should own, today announced the wide release of its user-centered search and discovery platform for NFTs. According to a report, Thred is a reputable third-party platform...
The Financial Stability Board (FSB), a financial regulator supported by the Bank for International Settlements (BIS), is advocating for worldwide regulations for decentralized finance (DeFi) and has published a report on the risks it poses to financial stability. The...
