Search
Massachusetts Senator Forwards Bill Aimed at Forcing Crypto Miners to Report Greenhouse Gas Emissions
9.12.2022
On Dec. 8, 2022, three Democratic politicians from Massachusetts, Oregon, and California revealed legislation aimed at combatting “energy-intensive” cryptocurrency mining operations. The bill introduced by senator Ed Markey (D-MA) alleges that crypto mining “strains...
Crypto Trading Firm Amber Group Ditches $25M Chelsea Sponsorship Deal Amid Layoffs: Report
9.12.2022
Hong Kong-based cryptocurrency trading firm Amber Group is terminating a $25 million sponsorship deal with football club Chelsea FC, according to a Bloomberg report
Approach with caution: US banking regulator’s crypto warning
9.12.2022
The Office of the Comptroller of the Currency (OCC) said the digital asset industry was maturing but was “not yet robust” in its risk management
Report: Diablo IV Devs Say June Release Date Will Lead To More Crunch
8.12.2022
Loot action-RPG Diablo IV received glowing previews this week and is expected to appear at the 2022 edition of The Game Awards Thursday night. But some of the game’s developers tell the The Washington Post that production might not wrap in time for a planned June 2023 release date unless they...
Countries and institutions move into crypto despite market drop: Report
8.12.2022
November saw a reduction in BTC mining revenue for publicly traded miners, a decline in venture capital investment, and signals of Bitcoin going to $12,000
BlockFi employees were discouraged from describing risks in internal communications: Report
8.12.2022
According to a former employee, an internal team at BlockFi raised concerns about the borrower pool being too concentrated among crypto whales, such as Three Arrows Capital and Alameda
Leader of Suspected Russian Ponzi Scheme Is Arrested in UAE: Report
8.12.2022
Edvard Sabirov's arrest leaves just one of the four known leaders of Finiko at large
New Report: November Month Alone Saw Record-Breaking $4.88 Billion Worth of Crypto Lost or Stolen – Here’s What Happened
8.12.2022
As much as $4.88bn worth of crypto were either lost or stolen in November, with one incident alone accounting for a whopping $2.8bn, a new report from DappRadar has revealed.
According to the report, the single largest case to impact crypto users in November was the halting of withdrawals from...
South Korean Court Denies Injunction Against Crypto Exchanges for Delisting Metaverse Token Wemix: Report
8.12.2022
The Wemix token is trading 90% lower than this time last month after it was delisted by several exchanges
EU to Make Crypto Companies Report Tax Details to Authorities
8.12.2022
The European Commission is going a step further than its crypto law MiCA as it seeks to tackle tax evasion
Crypto is 'most mature' in these 2 countries, new Huobi report reveals
8.12.2022
The United States and Vietnam score the best on "crypto maturity" in 2022, a new report determines
FTX hires forensics team to find lost customers’ billions: Report
8.12.2022
Lawyers have claimed FTX assets are either stolen or missing and now a team of financial forensic experts is attempting to trace the money trail
House Financial Services Chief Waters Not Planning to Subpoena Sam Bankman-Fried: Report
7.12.2022
A hearing on what happened to FTX is scheduled to take place on Tuesday
Report: FTX Execs Offered Taylor Swift $100M to Endorse the Exchange, Source Says Singer Never Considered the Deal
7.12.2022
According to a report, the American singer-songwriter Taylor Swift was allegedly courted by FTX to promote the exchange. Sources say the deal was worth more than $100 million and it was reportedly pushed by the FTX executive Claire Watanabe. Award-Winning Singer Taylor Swift Was Allegedly Courted...
Taylor Swift had a $100M FTX sponsorship deal fall apart prior to its bankruptcy: Report
7.12.2022
Celebrities in sports and entertainment including comedian Larry David, tennis star Naomi Osaka, NFL quarterback Tom Brady, and NBA point guard Stephen Curry promoted FTX
South Korea’s Central Bank Wants to Oversee Stablecoins
7.12.2022
The country joins other jurisdictions in proposing standards for stablecoin issuance
Data From October Shows Gold Reserves Held by Central Banks Tapped the Highest Level in 47 Years
7.12.2022
Following the World Gold Council’s (WGC) third-quarter report that shows central banks purchased a record amount of gold, data released by the WGC shows that central banks are buying more gold during 2022’s fourth quarter. Statistics show that the gold held by the world’s central banks is at...
Report: Sonic Creator Arrested Again, This Time Over Final Fantasy
7.12.2022
It was only three weeks ago that we reported the astonishing news that Yuji Naka, the creator of Sonic The Hedgehog, had been arrested over allegations of insider training in relation to Dragon Quest. Now, it’s being reported that he’s been arrested again for similar charges, this time allegedly...
Remittances to Low and Middle Income Countries in 2022 Up by 5% to $626 Billion — Latest World Bank Report
7.12.2022
Despite the headwinds that have dominated the year, remittances to low and middle-income countries in 2022 still grew by 5% to $626 billion, the World Bank Migration and Development Brief has said. Africa, where the cost of sending $200 averaged 7.8% in 2022, is the “most severely exposed...
Report outlines reasons why stakeholders are against CBDC
7.12.2022
The American Banking Banking Association highlighted that a CBDC issued by the U.S. Federal Reserve lacks “compelling use cases.”