Cryptocurrencies News
- Bob Mason
Snoop Dogg takes a bigger step into Web3 by partnering with PayPal co-founder Ken Howery to support Ice Cube’s Big3 League link up with Web3.
- Ana Alexandre
Police are investigating a spate of “crypto muggings” in London, where victims have reportedly lost thousands of pounds in cryptocurrency.
- Bob Mason
Under Armour launches a new Stephen Curry three-pointer basketball NFT collection to drive fan engagement during this year’s NBA playoffs.
- Bob Mason
South Korea targets the digital asset space with a proposed lifting of the ICO ban and a further delay to the 20% crypto capital gains tax.
- Bob Mason
Tron (TRX) was on the move this morning following the launch of USDD, a TerraUSD (UST) competitor. The breakout came amidst a testy morning session.
- Reuters
WASHINGTON (Reuters) – The U.S. Securities and Exchange Commission said Friday it had settled charges against technology company Nvidia Corporation for what it called “inadequate disclosures” concerning the impact of cryptomining on the company’s gaming business.
- Aaryamann Shrivastava
The NFT space continues to be the victim of such hacks after the Bored Ape Yacht Club suffered similar hacks earlier this year.
- Reuters
By Echo Wang (Reuters) – Elon Musk’s decision to accept some foreign investors as part of his $44 billion buyout of Twitter Inc runs the risk of inviting the kind of regulatory scrutiny over U.S. national security that social media peer TikTok faced, legal experts say.
- Sujha Sundararajan
The move by the central bank aims to mitigate the risks associated with digital assets and for “the financial system as a whole.”
- Martin Young
Venture capital is still pouring into the crypto sector despite this week’s massive market slump, and Amber Group is the latest to seek another round.
- Reuters
(Reuters) – Block Inc, the payments company led by Jack Dorsey, on Thursday reported a loss for the first quarter as demand for bitcoin softened due to a decline in cryptocurrency prices.
- Reuters
(Reuters) – The U.S. District Court for the Southern District of New York ordered the co-founders of cryptocurrency platform BitMEX to pay a combined $30 million fine in connection with a 2020 complaint from the Commodity Futures Trading Commission.
- Aaryamann Shrivastava
Since Twitter is no longer a public company, these investors aren’t part-owners unless specified in the conditions of the commitment.
- Varuni Trivedi
In line with Opera’s Crypto Browser project initiative, the organization has focused on multichain compatibility and recently added support for BNB Chain.
- Joel Frank
Tron launched its much-hyped algorithmic stablecoin called decentralized USD (USDD) on Thursday, promising yields of as much as 30% APY.
- Aaryamann Shrivastava
The concerns from the International Monetary Fund came after the adoption of Bitcoin as legal tender without being consulted by the central bank.
- Varuni Trivedi
California has emerged as the first state in the U.S. to formulate a comprehensive framework for ‘responsible web3 technology to thrive,’ spurring crypto adoption.
- Reuters
(Reuters) – Gucci’s high-end handbags and other luxury products can now be bought using cryptocurrencies, including bitcoin, in some U.S. stores, the Italian company said, as digital currencies move to broader acceptance.
- Sujha Sundararajan
The approval from the French regulators marks the first major EU nation to give Binance the greenlight to operate fully within their jurisdiction.
- Reuters
(Reuters) – Bitcoin rose 5.7% to $39,862.84, on Wednesday, adding $2,102.94 to its previous close.