Binance Labs has made a $4 million investment in Ultimate Champions, a new fantasy sports app. Binance announced this investment via a blog post. The funding will help Ultimate Champions expand their reach, develop more games, and advance the...
Nike has unveiled "Dot Swoosh," a new Web3 platform. The footwear and apparel company has shown interest in Web3 technology, as well as the Metaverse and NFTs. Its first foray into new territory was the purchase of RTFKT, a...
Ripple Labs has been battling the SEC for nearly two years. A lawsuit was filed against them for unlawful sales of $1.3 billion worth of XRP tokens. According to the SEC, XRP is a security token that should have...
Circle, the company behind the USDC stablecoin, recently announced support for Apple Pay. This move aims to bridge the gap between cryptocurrencies and traditional payment methods. This could increase sales for businesses that only accept traditional payments by allowing...
Users of Crypto.com are concerned after CEO Kris Marszalek admitted that his exchange sent 320,000 ETH, about $400 million at the time, by mistake to a public address listed at a competitor exchange. Transaction records from Etherscan reveal that...
One of the largest cryptocurrency exchanges, FTX, went bankrupt, signalling a new era in decentralized finance. Users are panicking and moving their money from centralized exchanges to wallets and decentralized exchanges (DEXs). In the last 30 days, two DeFi...
The industry as a whole is still reeling from the effects of FTX's historic collapse, but some subsectors, like DeFi, are thriving as a result of the crash. According to Dune Analytics, trading volumes on decentralized exchanges (DEXs) hit...
Binance recently announced the launch of the CR7 NFT exclusive collection on Binance NFT; it is said to be the first of a series of drops featuring Cristiano Ronaldo, the football icon. According to a tweet by Binance: “Own...
The US Commodity Futures Trading Commission (CFTC) responded on Monday to four legal briefs filed on behalf of Ooki DAO, a decentralized autonomous organization (DAO) accused by the CFTC of violating federal commodities laws by illegally offering leveraged and...
According to a leaked draft of a money laundering bill obtained by CoinDesk, the European Union may prohibit banks and cryptocurrency providers from dealing in privacy-enhancing coins such as Zcash, Monero, and Dash. Following the summer's tough new rules,...
