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Nigerian Crypto and Web3 Startup Lazerpay Shuts Down After Failing to ‘Close a Successful Funding Round’
15.4.2023
The Nigerian crypto and Web3 startup Lazerpay announced on April 13 that it will cease operations. Co-founder and CEO Njoku Emmanuel said the decision to cease operations was made after Lazerpay failed to successfully close a funding round. The CEO also said he is ready to listen to offers from...
Companies Behind Azuki NFTs and LINE FRIENDS Characters Join Forces For Web3 Expansion
12.4.2023
Chiru Labs, the Web3 startup behind NFT projects Azuki and BEANZ, is partnering with IPX, the firm known for the colorful LINE FRIENDS characters that originally began as stickers for the LINE messaging app
US Treasury to Attempt Coercing European Countries Into Implementing Sanctions Against Russia
12.4.2023
Officials of the U.S. Treasury Department will travel to Europe this month with the objective of getting more countries to apply punitive actions against Russia. The tour, which includes visits to Switzerland, Italy, and Germany, aims to stop the material support companies in these states provide...
11 tips for companies considering blockchain to manage logistics
11.4.2023
While blockchain can be impactful, it’s not a one-size-fits-all solution; it’s important to consider your unique situation and needs
Report: Binance US Struggles to Secure Banking Partner Amid Regulatory Crackdown on Crypto Industry
8.4.2023
Following the collapse of Silvergate Bank, Silicon Valley Bank, and Signature Bank, cryptocurrency companies have been seeking new banking partners in the United States. According to a recent report citing “sources familiar with the matter,” Binance US, the American subsidiary of...
Ukraine Dismantles $40 Million Russian Crypto Pyramid
6.4.2023
Ukrainian law enforcement has exposed a financial pyramid originating from Russia suspected of making millions of U.S. dollars. The scam convinced victims to send fiat money and cryptocurrency by promising profitable investments in big companies around the world. Large Crypto Pyramid Scheme With...
15 ways crypto companies can manage costs in the current economy
6.4.2023
Balancing cost-cutting efforts with smart efficiency strategies can help crypto companies weather current macroeconomic conditions
South African Professor Accuses US Regulators of Attempting to ‘Assassinate Crypto’
6.4.2023
The United States’ attempts to “assassinate crypto” are illegal and unlikely to succeed because “crypto is global,” Steven Boykey Sidley, a South African professor and author, has argued. According to Sidley, many formerly U.S.-based companies and innovators have...
ECB Member Fabio Panetta Claims Rising Profit Margins Could Be Fueling Inflation
5.4.2023
Fabio Panetta, a member of the executive board of the European Central Bank (ECB), has stated that companies increasing their profit margins could be helping to fuel inflation. In an interview with the New York Times, Panetta warned about the effect that companies increasing such margins could have...
Massive supply chain attack targeting small number of crypto companies: Kaspersky
4.4.2023
Crowdstrike and Kaspersky found an infection in a communications app that delivered a backdoor, but deployed it only a few times
William Quigley, Co-Founder of Tether and WAX, on Founding Companies, Crypto Investing, and The Future of Crypto Regulation | Ep. 218
4.4.2023
In an exclusive interview with cryptonews.com, William Quigley, Co-Founder of Tether and WAX, talks about the future of crypto regulation and the SEC involvement, and the current landscape of the cryptocurrency market....
Read More: William Quigley, Co-Founder of Tether and WAX, on Founding...
Steam Deck Competitor Promises Better Visuals, Windows 11
4.4.2023
Let’s be clear, hardware manufacturers have been trying to make handheld gaming PCs forever. The Steam Deck isn’t the first, and won’t be the last, it was just the first to be truly successful. A result of that success is that rivals now have a benchmark to aim for, though, and one of the first...
Report: Only 37% Of Viewers Finished Amazon’s Lord Of The Rings TV Show, The Most Expensive In History
4.4.2023
Last year’s massively expensive Lord of the Rings show on Amazon, Rings of Power, had a lot of hype going into it. Yet after Amazon spent over $450 million on the lavish production, a report claims that fewer than half of the viewers who watched the first episode finished the entire series. Read...
Crypto Companies Make Complaints to UK Government Amid Banking Woes – What's Going On?
3.4.2023
Access to banking has gotten so limited in the UK over the past few weeks that crypto companies had to complain directly to Prime Minister Rishi Sunak’s government.
Per Simon Jennings, executive director at the advocacy group the UK CryptoAsset Business Council,
"When crypto started, the purists...
Tax Benefits for Bitcoin Businesses in Belarus Extended Until 2025
1.4.2023
Tax exemptions for companies and individuals legally working with cryptocurrencies in Belarus will remain in place until Jan. 1, 2025. A new presidential decree extends the tax cuts introduced in 2018 when the executive power in Minsk legalized crypto activities such as mining and trading. Belarus...
PS VR2 Headset Sales Sound Like They’re Off To A Really Rough Start
30.3.2023
A month after launch, some analysts are already raising a panic about PlayStation VR2 headset sales. Bloomberg reports that the PS5 accessories are projected to have sold less than 300,000 units in the first month, renewing calls to slash the high-end $550 price tag.Read more
EA Lays Off Almost 800 People Weeks After Posting Huge Profits
30.3.2023
Publishing giant Electronic Arts announced today that approximately 6% of its global workforce, or between 700-800 people, will be laid off as the company drives “greater focus across our portfolio”.Read more
Volt Inu Partners With OKX to Enable OKX Wallet Web Extension Users to Access Voltichange
30.3.2023
PRESS RELEASE. Volt Inu, the innovative crypto project and leading decentralized exchange (DEX) platform, announced a significant partnership with OKX, one of the top exchanges in the crypto industry, on March 27, 2023. Volt Inu’s Twitter announcement revealed that the two companies would...
Top 5 Companies Pioneering Sustainable Bitcoin Mining
25.3.2023
While Bitcoin opponents cite the Bitcoin network’s high energy consumption as one of their main arguments against the digital currency, Bitcoin miners are increasingly adopting green energy solutions to power their facilities, causing the Bitcoin mining sector to move towards becoming a pioneer...
80 Crypto Firms Interested in Establishing Presence in Hong Kong, Official Says
25.3.2023
Hong Kong’s Secretary for Financial Services and Treasury has revealed that more than 80 crypto companies have expressed interest in establishing a presence in Hong Kong. They include companies across mainland China, Canada, European Union countries, Singapore, the U.K., and the U.S....