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Mastercard Demonstrates New Solution for CBDC Tokenization


Mastercard says its new solution that enables central bank digital currencies (CBDCs) to be tokenized or wrapped onto different blockchains provides consumers with “a new option to participate in commerce across multiple blockchains with increased security and ease.” A Mastercard...

Ripple Executive and Community Slam Charles Hoskinson Over ETHgate Comments


David Schwartz, Ripple’s Chief Technology Officer has hit back at Charles Hoskinson over his defense of the Securities and Exchange Commission’s (SEC) comments on Ethereum (ETH) over other projects. Popularly called ETHgate in digital asset circles, the issue sparked off following the SEC’s case...

Former OpenSea Executive Entangled in AnubisDAO Rug Pull Allegations


Kevin Pawlak, the former head of ventures at NFT marketplace OpenSea, is facing accusations connected to the AnubisDAO rug pull incident that occurred in 2021. The allegations came to light in an October 6 X (formerly Twitter) thread posted by an anonymous account called NFT Ethics.  For its part...

Former Three Arrows Capital Executive Su Zhu Arrested in Singapore


Su Zhu, a founding member of the now-insolvent Three Arrows Capital, was apprehended in Singapore at Changi Airport on Friday, as per the firm’s liquidator, Teneo. Zhu received a four-month prison sentence for failing to cooperate in the bankruptcy proceedings, Teneo revealed. Crackdown...

Softbank Looking to Invest Billions in AI After Pausing Crypto Investments


Softbank, one of the largest investment management conglomerates in the world, is reportedly eyeing several investments in the artificial intelligence (AI) field after having paused its crypto investments. According to the Financial Times, Softbank founder and chief executive officer Masayoshi...

Binance US CEO Quits, Crypto Exchange Cuts Third of Jobs


Chief Executive Officer of Binance US, Brian Shroder, has left the company amid an ongoing regulatory crackdown and more job cuts. Shroder’s departure comes two years after he joined the American subsidiary of the world’s largest cryptocurrency exchange by daily trading volume. Shroder Departs...

Binance Executive Rejects Comparisons With Collapsed FTX


Richard Teng, the head of regional markets at Binance has stressed that the world’s largest cryptocurrency exchange has no operational similarity with collapsed FTX. Speaking with Andrew Fenton, he addressed multiple issues facing the exchange ranging from regulatory issues, users, and...

Binance Executives for Russia and Eastern Europe Leave Top Exchange


Two Binance executives responsible for the crypto giant’s operations in Eastern Europe and the former Soviet space have left the company. The departures come at a time when the leading crypto exchange finds itself under persisting regulatory pressure and is considering leaving sanctioned Russia....

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