Abdulkarim Abdulwahab
Hong Kong Govt to Allocate $50M to To Expedite Web3 Development
The Hong Kong government captured Web3 in its 2023/2024 budget. The government plans to allocate $50 million to expedite Web3 development. Hong Kong regulator initiated…
Fetch.ai Blockchain Collabs with Bosch to Start a Web3 Foundation
Fetch Network (FET) blockchain teamed with Bosch to form a new Web3 foundation. The foundation aims at harnessing Web3 technology for real-world use cases. FET…
Venture Funding for New Crypto Projects Is Dead: Kevin O’Leary
Kevin O'Leary claims new crypto projects won't get venture funding. The Canadian businessman argued that the venture community has moved to AI. Previously, O'Leary said…
Data Shows Binance Is Now the New Leader of Derivatives after FTX
Binance exchange now leads the perpetual futures space with the hights offering. Kraken, Huobi, and BitMex offer below 100 perpetual futures instruments. Open Interest for…
FTX Japan To Open Crypto and Fiat Withdrawal Tomorrow Noon JST
FTX Japan customers will start withdrawing from noon tomorrow. The FTX-sister company emailed all eligible customers regarding the procedures. Previously, authorities gave FTX Japan three…
Chinese Token CFX Surges by Over 390% In the Last Seven Days
Conflux (CFX) outperformed all cryptos, including Bitcoin, by 397.24%. Crypto traders bought and sold nearly half a billion dollars worth of ACH in 24 hours.…
Crypto Firms Spend Record $21 Million on Washington Lobbying in 2022
The Crypto industry spent a record-breaking $21.55 million on Washington lobbying. The figure represented more than double the value from the previous year. Coinbase paid…
Analytic Firm Argues against the Notion that 6 Coders Control BTC
CoinShares contends the popular notion that only six individuals control BTC. A large, diverse group of contributors drives the development, says the analytics firm. Previously,…
Crypto lawyer: It’s Really Hard to Navigate without Any Clear Rules
Mike Selig said the SEC finds it hard to handle crypto without clear directions. The crypto lawyer believes the SEC’s action against Paxos and BUSD…
Ethereum Is 55% Complete Post-merge, Far From Buterin’s Plan: Reports
CoinGecko reminded the community that the ETH network was only 55% complete. After the Shanghai upgrade, validators will be able to withdraw for the first…
