News

Gate.io Will Launch In Hong Kong As The City Allocates $6.4M To Web3

Key Points: Following a projected infusion of $6.4 million (50 million Hong Kong dollars) by the local government into Web3…

2 years ago

Forsage Founders Indicted By DOJ For $340 Million DeFi Ponzi Scheme

Key Points: The 4 Forsage founders have been indicted by the US Department of Justice (DOJ) for their involvement in…

2 years ago

FTC Opposes Voyager Restructuring Plan To Probe Into Deceptive Crypto Marketing

Key Points: The latest attempt at a bankruptcy reorganization plan by cryptocurrency broker Voyager Digital has drawn criticism from the…

2 years ago

Bank Of Israel Tightens Regulations With New Stablecoin Regulation Proposal

Key Points: The Bank of Israel has published regulatory rules for stablecoins, which follow regulatory guidelines on digital assets issued…

2 years ago

Multi-sig Startup Den Raises $2.8 Million In Seed Round Led By IDEO CoLab Ventures

Key Points: Den, a multi-signature wallet provider for teams announced that it had closed an oversubscribed $2.8 million seed round…

2 years ago

Binance Trading Frenzy Sends BUSD Stablecoin Crashing To $0.20

Key Points: BUSD experienced a sudden drop to $0.20 against DAI on Wednesday due to a single $647,000 market sell…

2 years ago

Cosmos Hub’s v9 Lambda Upgrade Aims To Revolutionize Inter-Chain Security

Key Points: The v9 Lambda upgrade proposal for Cosmos Hub includes implementing the Replicated Security feature to enable the replication…

2 years ago

Tencent Cloud’s New Blockchain Services Empower Web3 Developers

Key Points: Tencent Cloud has introduced blockchain API services and a Metaverse-in-a-Box product to aid Web3 developers and provide cloud…

2 years ago

Crypto Gaming Giant Immutable Forced To Lay Off Staff Despite Its Valuation At $3.5 Billion

Key Points: Crypto gaming start-up Immutable is making 11% of its workforce redundant despite banking hundreds of millions of dollars…

2 years ago

Bithumb’s Biggest Shareholder Targeted In Embezzlement Probe

Key Points: The Financial Investigation Division, 2 of the Seoul Southern District Prosecutor's Office, has sent an investigator to Vident,…

2 years ago

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