As a former public servant, I believe there is a role for the government in overseeing the cryptocurrency industry. However, recent regulatory announcements – including directives from the U.S. Federal Reserve and executive branch designed […]
According to on-chain data, Euler Finance exploiter returned over 58,000 Ethereum — worth over $100 million on March 25. The returned funds shot its EUL token up by 28%. In a series of March 25 […]
In its 86-page report released on March 24, the US Federal Reserve denied Custodia Bank’s application for membership citing concerns over the bank’s involvement in the crypto industry. The Fed has raised “concerns about banks […]
The blockchain security company CetriK issued a warning on March 25 about a phishing link that was being spread via the official Discord server of Arbitrum, which is a prominent cryptocurrency platform. According to the […]
The developer of the immensely popular PlayStation gaming console, Sony Interactive Entertainment, has recently submitted a patent application for a framework that, once implemented, will enable users to transfer and utilize non-fungible tokens (NFTs) across […]
In a recent incident that left the NFT community stunned, NFT collector Brandon Riley accidentally burned a CryptoPunk NFT worth $200,000 by sending it to a burn address. Riley had purchased the coveted CryptoPunk #685 […]
Animoca Brands, a venture capital firm and web3 game developer, has denied recent reports that it has scaled back its metaverse fund target and experienced a significant drop in its valuation. The company refuted claims […]
Coinbase, a prominent U.S.-based cryptocurrency exchange, has been issued a Wells notice by the U.S. Securities and Exchange Commission (SEC) over possible securities law violations regarding some of its asset listings, staking services, and Coinbase […]
As the world grapples with a banking crisis on the brink of chaos, the Federal Reserve (Fed) has taken drastic measures to pump liquidity into the market. The initiative has led to an unexpected response […]
In recent news, Animoca Brands has reportedly reduced its target for its metaverse fund by a further 20% to $800 million, according to sources familiar with the matter. The company has scaled back on its […]
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