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Blockfi Announces Self-Liquidation Plan After Failed Attempts to Sell Company
16.5.2023
The now-defunct crypto lender Blockfi has recently filed a court document outlining its plans to liquidate the company. The firm has come to the realization that selling the company would not be beneficial to its creditors. As a result, Blockfi has decided to take matters into its own hands...
BRICS Leaders Set to Discuss Common Currency to Challenge US Dollar Dominance in Upcoming Summit
11.5.2023
The BRICS nations are set to discuss the feasibility of a common currency at the upcoming leaders’ summit. “It’s a matter we must discuss and discuss properly,” a South African minister stressed, noting that a growing number of countries are saying: “Why can’t we trade in our own currencies?...
Lawyer Expects SEC to Lose if It Sues Coinbase Due to ‘Fatal Flaw’ of Gary Gensler’s Own Making
7.5.2023
A lawyer has explained why the U.S. Securities and Exchange Commission (SEC) will likely lose if the regulator takes crypto exchange Coinbase to court over alleged securities law violations. “The problem is entirely of Gary Gensler’s own making,” he stressed. Lawyer Expects SEC to Lose Against...
Registered UK Crypto Firms Can Approve Their Own Ads, Lawmakers Decide
3.5.2023
The law on promotions is set to come into effect around four months from now, the finance ministry has said
Putin: US Policies Will Backfire, Russia to Expand Relations With Countries in Eurasia, Africa, Latin America
29.4.2023
Russia’s president, Vladimir Putin, has slammed the actions of the elites in the U.S. and Europe, stating that they do not always act in the best interest of their own people. “It will backfire on them,” he said. Putin also called for a cohesive response to the West’s economic aggression...
46% of millennials across major economies own crypto: Bitget research
28.4.2023
The study featured over 255,000 respondents across 26 countries in four age groups
Iskra Ranks #1 on Dapp Radar Setting the Pace for World of Win’s IGO
27.4.2023
PRESS RELEASE. Web3 game company Iskra unveils the release of its own launchpad for games, the Iskra Launchpad, with World of Win set to be the first project to conduct its initial game offering (IGO) on the platform. The release of the Iskra Launchpad comes right after Iskra dominated the number...
Bonkers Halo Mario Kart Mod Deserves To Be Its Own Game
25.4.2023
The Halo series has had so many legendary vehicles that it’s a wonder we haven’t seen an official racing spin-off by now (no, that Forza Warthog doesn’t count). While players have created no shortage of Forge-crafted mini-games focused on vehicle hijinks, one brave modder has finally given us what...
With MiCA Past the Finish Line, UK's Crypto Industry Calls for Rules of Its Own
21.4.2023
The finalization of the landmark law puts “significant pressure” on the U.K. to deliver its own crypto rules, one industry group said
One in 10 French People Own Crypto, Study Finds – Is Adoption Increasing?
20.4.2023
Ten percent of French people own cryptoassets and crypto awareness is also on the rise, a new study has found.
Per BFM TV, the study was conducted by the Association for the Development of Digital Assets (Adan) and the French branch of the accountancy giant KPMG.
The parties carried out a similar...
Microsoft is developing its own AI chip to power ChatGPT: Report
18.4.2023
The software giant is reportedly developing its own machine learning chips to power AI projects for OpenAI and its own internal teams
Brazil’s President Lula Urges Developing Countries to Abandon Dollar as Global Reserve Currency
13.4.2023
According to Brazil’s president Luiz Inácio Lula da Silva, developing countries should abandon the U.S. dollar and strengthen their own national currencies. During a speech at the New Development Bank in Shanghai, Lula expressed his nightly pondering: “Why do all countries have to base their...
Despite Using Euro, Montenegro to Develop Own Digital Currency With Ripple
13.4.2023
Montenegro intends to create and issue its own digital currency with help from U.S.-based crypto company Ripple. The Southeast European nation, which adopted the euro unilaterally, is moving to realize the plan despite the eurozone developing a digital version of the common currency. Monetary...
Nintendo's Doing A Live Fan Event That Kinda Sounds Like Its Own E3
11.4.2023
Now that this year’s E3 is dead, what fills the summer void is up in the air. You’ve got the usual contenders, such as Geoff Keighley’s Summer Games Fest and Xbox’s joint Starfield presentation with Bethesda, but nothing matches E3's scale. While PlayStation has yet to formally announce...
Russian Law Enforcement Prepares to Seize Crypto Assets, Seeks Permission to Set Up Wallets
9.4.2023
Russian investigators are pressing the parliament and government in Moscow for permission to open their own cryptocurrency wallets. This would allow law enforcement agencies to seize digital assets during criminal cases and eventually sell them, something that authorities in the United States...
Latam Insights — Alliance Against Inflation, BTG Pactual Launches Stablecoin, and Argentina Debuts New Dollar
8.4.2023
Welcome to Latam Insights, a compendium of the most relevant crypto and economic development news from Latin America during the last week. In this issue: Latin American nations ink an agreement to reduce inflation, Brazil-based BTG Pactual launches its own dollar-pegged stablecoin, and Argentina...
ECB Board Member Warns EU’s New Crypto Rules Not Sufficient
8.4.2023
A European Central Bank Supervisory Board member has warned that the crypto rules in the EU’s Markets in Crypto-Assets (MiCA) bill “will not be sufficient on their own.” While emphasizing that “MiCA will set out important safeguards to prevent incidents similar to the...
Bitgo Launches Storage and Tracking Solution for Bitcoin-Based Ordinal Inscriptions
31.3.2023
On Thursday, digital asset custody provider, Bitgo, announced the launch of its storage and tracking solution for Bitcoin-based Ordinal inscriptions. Moreover, users can use Bitgo’s Ordinal inscription storage system to inscribe their own inscriptions onto the Bitcoin blockchain....
EU Lawmakers Vote to Impose €1,000 Limit on Unidentified Crypto Transactions
30.3.2023
EU lawmakers have voted in favor of imposing a €1,000 limit on crypto transactions where the customer cannot be identified. “Entities, such as banks, assets and crypto assets managers, real and virtual estate agents, and high-level professional football clubs, will be required to verify their...
Aavegotchi to unveil its own blockchain with Polygon Supernets
23.3.2023
Aavegotchi recently announced Gotchichain, the dedicated blockchain for all things. Powered by Polygon Supernets, it will offer lower fees and quicker confirmation times. The protocol has been a roll throughout the year, establishing new partnerships and releasing new products. It has released...