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South Korean MP Wants to Launch a Fund to Help Struggling Crypto Investors


A South Korean politician wants the government to create a special fund to help crypto investors who have suffered losses in the markets – and says that crypto exchanges should foot the bill. News1 reported that Kim Byung-wook, an MP for the opposition Democratic Party, told a group of blockchain...

Bank of America’s Active Crypto Users Drop More Than 50% in Bear Market


Bank of America has revealed that the number of its customers who are active crypto users has declined more than 50% from its peak in November last year. In addition, the bank said its data “shows that outflows to crypto platforms have fallen sharply,” indicating that...

EA’s Bad Tweet Last Week Has Led To Roundtable Meetings With Angry Staff


Remember last week? It happened about 34 years ago, so if you don’t, I understand. But last Thursday, the official EA Twitter account tweeted a bad joke about single-player games that led to an internet-wide roasting and eventually an apology from the Battlefield publisher. And apparently, EA...

Troubled Vauld May Be Acquired and Come Under ‘Nexo Umbrella’


Singapore-based crypto lender Vauld may get acquired by major crypto lender Nexo (NEXO). The news was announced by Vauld CEO Darshan Bathija today, stating that the exchange has signed “an indicative term sheet” with Nexo to buy “up to 100% of Vauld.” The CEO added that, “The completion of this...

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