Category: Regulation
Tether Predicts $700 Million Profit in Q1 Amid Ongoing Regulatory Controversy
On March 24, the leading issuer of stablecoin Tether owned a $1.6 billion reserve to support the performance of USDT. During the first quarter of…
Binance Launching Internal Investigation After the KYC Bypass Saga
On March 24, the Binance team launched an internal investigation to uncover the truth behind the recent saga of bypassing the Chinese Know Your Customer…
What is the Metaverse? A Beginner’s Guide
The concept of the metaverse has finally come out of the fictional world of books like Neuromancer and The Matrix to become a reality. The…
US Judge Grants IP Ownership To Quantum NFT Creator
A federal judge in the US dismissed Canadian company Free Holdings Inc.’s claim to NFT artist Kevin McCoy’s work. The Judge stated that the plaintiff’s…
2023 US Economic Report Undermines Digital Assets, Says Crypto Offers No Value
In a new move that may likely have an impact, the White House is reportedly making a case against cryptocurrency in its released 2023 Economic…
Bitcoin’s Upward Trajectory Shows Asset Dominance Over Gold – Mike McGlone
Over the past few days, Bitcoin has seen a remarkable price rise, outperforming gold and making experts increasingly hopeful of the asset becoming the next…
Controversial Privacy Legislation Likely To Cripple Blockchain Projects – US Congress
Large tech companies are experiencing their lowest trust ratings in years. Hence, the United States Congress is reportedly considering implementing comprehensive privacy data regulations. However,…
Metaverse Game Developers Aavegotchi Set New Record With An Outstanding Multiyear Sale
The creators of the famous Aavegotchi metaverse game — Pixelcraft Studios, have successfully realized $30 million from a multiple-year token sale. The fundraising effort is…
Nigerians Can Now Make Direct Cryptocurrency Purchases Using MetaMask
Nigeria’s cryptocurrency investors can now enjoy easy access to self-custody crypto purchases as a major cryptocurrency wallet – MetaMask extends direct on-ramps to local financial…
2022 DeFi Insurance Payouts Hit $34.4M – Report
Per a March 21st report by OpenCover, a decentralized finance analytics company, the claims paid out by DeFi insurance firms amounted to $34.4 million in…
