Category: News
UK Treasury Scrapping Plans to Develop Government-Backed NFTs
A March 27 publication from the UK Treasury announced that the government would distance itself from developing non-fungible tokens (NFT). In 2022, prime minister Rishi…
Crypto Lender BlockFi Refunding Over $ 100000 to California Customers
The now-defunct crypto lender BlockFi has announced plans to return assets worth $100000 to California users. The BlockFi team issued the refund proposal to the…
Voyager’s $1Billion Digital Sale to Binance Suspended by the New York Court
A district court in New York has temporarily suspended the acquisition of bankrupt crypto brokerage firm Voyager by Binance. The leading crypto exchange Binance and…
U.S Treasury Secretary Holds Emergency Meeting With Regulators Amid Banking Crisis
The latest report from the cryptocurrency industry today says that Janet Yellen: the United States Treasury Secretary , entered an emergency meeting with the country’s…
G7 Countries To Form Alliance For Tougher Cryptocurrency Regulation
According to the latest report, the G7 countries, comprised of the United States, Japan, the United Kingdom, Germany, Canada, the European Union, and France, have…
Crypto Sports Betting Are Rising – What Could This Mean For Crypto’s Future
It’s no secret that the world of sports betting has undergone a massive transformation in recent years, thanks to the proliferation of crypto. In fact,…
Gucci Partnering with Yuga Labs to Launch Web3 Projects
The Italian fashion company Gucci has partnered with Yuga Labs to explore the Web3 space. The partnership report dated March 27 revealed the new partners…
Kokomo Finance Developers Utilize Wrapped Bitcoins to Execute a $4 Million “Exit Scam”
On March 26, the Indiana-based non-custodial lender Kokomo finance reported an “exit scam” that exposed the investors to over $4 million loss. The Kokomo team…
Money Market Funds Surge to $286 Billion Following Massive Withdrawals from Banking Industry
Following the collapse of Silvergate Capital, the investors have rerouted their substantial assets to the money markets. In the last two weeks, investors have flooded…
Fujitsu Seeking Trademark Approval to Pursue Crypto Trading Opportunities
The leading tech firm in Japan, Fujitsu, plans to invest in crypto to provide investors with digital brokerage services. The tech firm has submitted a…
