South Korea’s supreme court has upheld the ruling for Bithumb, the country’s largest cryptocurrency exchange, to pay damages to more than a hundred customers who filed a lawsuit claiming they suffered financial losses resulting from […]
Bradesco, one of the largest banks in Brazil and the third biggest in all of Latam, has entered the cryptocurrency world by issuing its first tokenized credit notes. The operation, carried out in partnership with […]
In 2022 the crypto market lost over 60% of its value, equating to around 2 trillion USD. During this market decline, it’s estimated that at least 2,421 cryptocurrency projects fell through, losing investor funds and […]
Bitcoin price broke above $21,440 on major cryptocurrency exchanges for the first time since the FTX implosion. Much of the buying pressure was retail driven as crypto mirrored stock markets’ Friday surge. Veteran trader and […]
The Ethereum scaling blockchain, Polygon, has revealed plans to initiate a hard fork on Jan. 17, 2023. According to the team, the network upgrade will “reduce the severity of gas spikes” and “address chain reorganizations […]
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U.S. Congress’ “first ever” subcommittee on digital assets has been created as part of the House Financial Services Committee. “We want to create a regulatory legal framework for digital assets … that makes America a […]
Abu Dhabi-based blockchain platform, Venom Foundation, and investment manager, Iceberg Capital, announced on Wednesday that they are partnering to launch a $1 billion venture fund for Web3, DeFi and GameFi. Web3, DeFi and GameFi Remain […]
Key Takeaways Crypto.com is laying off 20% of its workforce, having cut 5% last summer Fellow exchanges Coinbase, Kraken, Huobi and Swyftx have all downsized over last month Tech sector as a whole is laying […]
Image source: Reuters The US Department of Justice has opposed FTX hiring Sullivan & Cromwell, the law firm currently tasked with the exchange’s investigation, citing potential conflicts of interest. In a recent legal filing, the US […]
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