Investigations have been conducted against Terraform Labs, its founder Do Kwon, and other people associated with the company in many jurisdictions across the globe. At the beginning of this year, Terra [LUNA] and its native stablecoin UST both saw a significant loss...
According to Chainalysis, investigators have been successful in recovering bitcoin valued at more than $30 million that was taken from the Ronin network operated by Axie Infinity. The value of crypto during the March assault was $552 million at the time, but as a...
Binance, the most important blockchain ecosystem in the world and the most important supplier of cryptocurrency infrastructure, has announced that fourteen of the most important web3 projects will give unique user incentives for Binance's recently introduced BAB coin....
According to an official release, the cryptocurrency exchange known as Binance has plans to distribute a token known as "souldbound" on the BNB blockchain. This token will be given to all customers who satisfy the "know-your-customer" (KYC) standards. Tokens issued by...
Banning bitcoin mining would be a move that would strike a blow at the core of the digital asset system and would restrict or eliminate the proof-of-work process that underlies Bitcoin and its blockchain network. The White House has raised the notion of reducing or...
The environment around cryptocurrencies is always shifting at a breakneck speed. Since there are currently more than 20,000 different digital currencies in circulation, it is only logical that some will succeed while others will fail. It should come as no surprise...
Charles Hoskinson, the inventor of Cardano (ADA), responded angrily to Bitcoin maximalists on Twitter when one of his followers suggested that he could alter the amount of ADA. There will never be more than 45 billion ADA tokens available. Hoskinson refuted the...
It's no secret that the last several years have been difficult for the renowned gaming shop, GameStop. In July, GameStop laid off several employees, including the company's CTO at the moment. To reorganize its business processes, GameStop looks to be doubling down on...
Gary Gensler, chairman of the United States Securities and Exchange Commission (SEC), said on Thursday during a speech that the cryptocurrency business does not need any particular legislation for enterprises that are issuing tokens. Gensler said that the norms...
After obtaining a license from the British Virgin Islands (BVI) Financial Services Commission, digital asset service provider Houbi Group is getting ready to launch a cryptocurrency exchange in the British Virgin Islands (BVI). Why was the license created? The...
