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Zodia Custody to Offer Staking to Institutional Clients Through Blockdaemon

6.6.2023
The firm said it is the first bank-owned custodian to offer staking services to institutional clients

Binance Lawsuit Triggers $700M in Withdrawals; Metaverse Tokens Named by SEC Lead Decline

6.6.2023
The unprecedented withdrawals only reflect a small amount of Binance's reserves, according to data from CryptoQuant

Bank of America Predicts Milds Recession After Fed’s Tightening Action

6.6.2023
Bank of America is predicting a mild recession will happen during the last two quarters of 2023. Brian Moynihan, CEO of Bank of America stated that this recession will be the consequence of the U.S. Federal Reserve tightening actions in order to fight inflation, and how this will increase...

TOKEN2049 Singapore is set to be the world’s largest Web3 event, with over 10,000 attendees

6.6.2023
Not only is Asia’s largest Web3 event, but this year’s conference is also expected to be the world’s largest of its kind. TOKEN2049 has already surpassed last year’s registration and sponsorship numbers, with numbers steadily climbing ahead of September Speaker highlights include prolific...

Tether initiates the first phase of billion-dollar funding

6.6.2023
Tether, which is responsible for the fintech platform, tether has initiated the first phase of billion-dollar funding that will go towards a renewable energy project in El Salvador. This is in relation to the backing, as well as furthering sustainable Bitcoin mining. The company will be making...

AI should be regulated like medicine and nuclear power: UK minister

6.6.2023
A minister from the United Kingdom's opposition party says AI should be licensed and regulated in a similar way to the pharmaceutical and nuclear industries

Japan Blockchain Week 2023 Supported by Ministry of Economy, Trade and Industry

6.6.2023
PRESS RELEASE. The Japanese Ministry of Economy, Trade and Industry (METI) has confirmed its support for Japan Blockchain Week 2023, establishing it as a significant platform for both the global and Japanese blockchain communities to convene, building upon the success of the previous year’s...

US Congressmen blame crypto firms for 'tax gap' in letter to Treasury

6.6.2023
In a letter addressed to Treasury Secretary Janet Yellen and IRS Commissioner Daniel Werfel, Congressmen Sherman and Lynch raised concerns about the tax compliance practices in crypto

Russian P2P Crypto Market Is ‘Worth $296m a Day’ – Are Banks in Danger?

6.6.2023
The Russian P2P (peer-to-peer) crypto market is growing at a rapid pace, with a report claiming vendors can access “$296 million” worth of trades per day. Per RB, the claim was made by Schard, a cryptoasset security platform, at a blockchain conference operated by the Russian banking giant Sber....