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PROOF of Conference stands canceled, announces PROOF


A setback but probably the best decision since PROOF has announced to cancel its NFT event – PROOF of Conference. The announcement was made through an official blog post with highlights shared through the official Twitter handle. Saying that it was a difficult decision to make, PROOF...

Galois Capital shuts shop due to the FTX collapse


Galois Capital, which happens to be a crypto hedge fund, has been compelled to finally shut shop, following the incurring of a substantial amount of loss due to the FTX collapse. The money that happens to be left over with the company, as per plans, is going to be duly distributed amongst...

Edogawa Ward in Tokyo to Use Metaverse Tech to Solve ‘Hikikomori’ Problem


Edogawa Ward in Tokyo plans to use metaverse tech to help social recluses, also known as “hikikomori,” begin to integrate with society again. The ward will organize a series of hybrid (virtual and in-person) meetings this year with the objective of reuniting people with social reclusion...

Japan’s FTX unit K.K. decides to return back its client’s money


The FTX unit in Japan, a subsidiary of the failed cryptocurrency exchange of Sam Bankman-Fried, announced its decision to resume withdrawals this week to make the 1st of the FTX group to return funds to customers.  FTX, also known as Futures Exchange, is currently a bankrupt company that previously...

Chainalysis: Crypto Scam Revenue Dropped 46% in 2022


Revenue from cryptocurrency scams dropped 46% in 2022, according to blockchain data analytics firm Chainalysis. “We attribute most of this decline to market conditions, as scam performance tends to worsen when cryptocurrency prices are in decline,” the firm explained. ‘Crypto Scam...

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