Nynu V Jamal
Revolut Exhibits Substantial Profit, Financial Accounts Say
According to the financial accounts released on Wednesday, the British-Lithuanian neo-bank and financial technology company Revolut issued its first-ever annual profit for 2021, reportedly acquiring a net profit of 26...
Voyager Digital Reveals Final Results of Customer Voting
Voyager Digital, the crypto brokerage company, declared the final results of the customer voting on the company’s Chapter 11 plan. The company announced that a majority of voters polled in...
Nirmala Sitharaman Comments on India’s Notion of Crypto at FMCBG
During India’s G20 Presidency, the meeting of Finance Ministers and Central Bank Governors (FMCBG), India’s Finance Minister Nirmala Sitharaman addressed the country’s position on crypto regulation. She said that India...
Huawei Cloud and Tencent Cloud Announce Web3 Alliances
Huawei Cloud, the cloud infrastructure, announced the launch of the Metaverse and Web3.0 Alliance, with the first batch of partners Blockchain Solutions, Deepbrain Chain, Polygon, and Morpheus Labs. On February...
Grayscale CEO Addresses SEC as Arbitrary on its Denial of Spot ETF
Michael Sonnenshein, the CEO of the American digital currency asset management company, Grayscale Investments, commented that the Securities and Exchange Commission (SEC) acted “arbitrarily”, referring to its rejection of Grayscale’s...
Simon Dixon Loses $8.8 Million Worth Bitcoin on Celsius Network
Simon Dixon, the CEO, and co-founder of the online investment platform BnkToTheFuture.com shared a thread on his official Twitter account claiming that the liquidity-strapped crypto lending platform, Celsius Network, has...
Indonesia Launches National Digital Asset Exchange; Reports Say
The transcontinental country, the Republic of Indonesia, has reportedly proposed to launch a National Digital Asset Exchange to rehabilitate the crypto sector and confront the risks posed by the fallen...
Private Crypto Ban is a Pivotal Need for India: Comments IMF Chief
Kristalina Georgieva, the International Monetary Fund (IMF) Managing Director said during the G20 meeting in Bengaluru, India, that there arose some disagreements over debt restricting for the troubled economies. She...
Montana State Senate Passes New Bill for Crypto Miners
The western state of the United States, Montana passed a bill on Thursday under the auspice of the State Senate, with the intention to protect crypto miners from a set...
Federal Prosecutors Charge SBF with New Financial Crimes
Sam Bankman-Fried (SBF), the ex-CEO of the fallen crypto platform FTX, has been charged with four new financial crimes, in an indictment filed by the Federal Prosecutors in New York...
Exclusive Playlists in Spotify Accessible to Specific NFT Holders
The digital audio streaming service Spotify has launched a new feature called the “token-enabled playlists” that allows users holding specific NFTs to unlock exclusive content by connecting to their wallet....
Binance Adopts Semi-Automated Process to Manage Token Reserves
The leading crypto exchange Binance has reportedly shifted to a “semi-automated” process with the intention to manage the reserves of the tokens the company issues. The shift is a move...
Binance Assures Transparently Backed Assets: Semi-Automated System
The leading crypto exchange Binance has reportedly shifted to a “semi-automated” process with the intention to manage the reserves of the tokens the company issues. The shift is a move...
NY Attorney General Accuses CoinEx as an Unregistered Exchange
The New York Attorney General Letitia James charged the professional global crypto exchange CoinEx, alleging that the company had been illegally functioning as an unregistered securities broker and commodity broker-dealer....
Bitcoin Mining Using Sustainable Energy has Grown Since 2021
From the recent analysis, it is revealed that the leading cryptocurrency Bitcoin has been showing a steady pace in its mining growth using sustainable energy since 2021, climbing above 50%,...
Major Crypto Firms Eliminate Employees: Layoff Rate Increases
Reportedly, crypto layoffs have been increasingly affecting employers of Web3 space, from “quiet layoffs” to “wildcat firms.” According to the crypto analytic platform CoinGecko, almost 2,806 crypto employers lost their...
Blur Announces Distribution of 300+ Million Tokens in Season 2
The leading NFT marketplace Blur officially announced on February 22, 2023, that the platform has decided to distribute more than 300 million BLUR, the ERC-20 governance token of the marketplace,...
Paxos Reiterates Commitment to Regulation, Ends Binance Relationship
Charles Cascarilla, the CEO and co-founder of the regulated blockchain infrastructure platform, Paxos Trust Company reiterated the company’s commitment to regulation, resolving the ambiguities and anxieties among the community regarding...
Beijing Lays Support for Hong Kong’s Dream to be a Crypto Hub
According to recent expositions, the Chinese Government has been laying support to Hong Kong in accomplishing the city’s ambition to become a crypto hub, in contrast to the mainland’s strong...
Galois Capital Shuts Down: Remaining Assets Will Reach Investors
According to the recent report, Galois Capital, the leading crypto trading fund, has decided to cease the platform’s further establishment, being one of the seriously victimized platforms under the bankruptcy...
Korean Kimchi Premium Flips, Favourable Condition for Investors: Analyst
Doo Wan Nam, the co-founder and the Chief Operating Officer (COO) of the Node validator and venture capital fund StableNode commented that the discount on the Korean Kimchi Premium marks...
SEC Doesn’t Regulate Crypto Directly, but Indirectly; Says Levine
Matt Levine, the Bloomberg Opinion Columnist, published an article on February 7, analyzing the Securities and Exchange Commission’s (SEC) crypto regulatory policies. Notably, the Chinese reporter Colin Wu, on his official...
Bitcoin Mining Meets Wall Street: An Analysis of Crypto Companies
The National Bureau of Economic Research (NBER), the American private non-profit research organization, released an analysis of 13 publically traded crypto mining companies enlisted on the NASDAQ stock exchange, entitled “Bitcoin...
Terraform Manipulates: SEC Charges Do Kwon’s Company for Fraud
The Securities and Exchange Commission (SEC) charged the Singapore-based blockchain protocol and payment platform Terraform Labs and its co-founder, the besieged Do Kwon, with “orchestrating a multi-billion dollar crypto asset...
