Mobile banking app Dave scores $100M investment from FTX US
Dave is the latest in a series of fintech payments apps to offer crypto services, following PayPal, Venmo, and Cash...
Month: March 2022
Malaysian comms official calls on the state to legalize crypto and NFTs
Malaysia’s finance minister previously warned that crypto payments were illegal, as they did not meet the universal characteristics of money....
DeFiance Capital founder loses $1.6M in hot wallet hack
The hackers took on one of the biggest names in DeFi, but may have bitten off more than they could...
Crypto market selling pressure remains Asia dominated: Glassnode
Investors based in Asia have generally been sellers while those in the US and EU have been buyers for the...
NeoNexus founder pulls the plug on popular Metaverse NFT project
Estimates suggest the metaverse project raised 25,000 SOL at its NFT mints, earning between $2 to $4 million. The founder...
Bitcoin mining could be good for US energy independence: Research
Texas representative Pete Sessions made a simple yet powerful statement that the proliferation of the Bitcoin mining industry could promote...
Li Finance protocol loses $600,000 in latest DeFi exploit
Li Finance protocol users suffered losses amounting to around $600,000. Some of them have been reimbursed after a hacker exploited...
Indian Government Reveals How It Plans to Tax Cryptocurrency Transactions
India’s ministry of finance has clarified in parliament how the government plans to tax cryptocurrency transactions. A proposed new section...
Malaysian Ministry Proposes Legalizing NFTs to Boost Participation in Crypto Sector
Malaysia’s communications ministry has proposed legalizing non-fungible tokens (NFTs) to increase the participation of young people in the cryptocurrency space....
Fed Chair Jerome Powell Hints at Aggressive Rate Hikes After Saying ‘Inflation Is Much Too High’
The 16th chair of the Federal Reserve, Jerome Powell said that America’s “inflation is much too high” on Monday, and...
$5.8 Billion Burned: Second Largest Crypto Network Records 2 Million Ethereum Destroyed in 7 Months
This week, the Ethereum network’s burn rate reached a milestone by surpassing 2 million ethereum burned worth $5.81 billion since...
Crypto Stories: Pakistani crypto billionaire wants his country to be less reliant on credit
A former reality TV host with millions of followers on YouTube became one of Pakistan's biggest crypto proponents, and hopes...
Gemini receives license to provide electronic money services in Ireland
The license does not allow Gemini to operate as an exchange in the country, but it will let it passport...
Ether bulls eye resistance at $3K as the network prepares to undergo ‘The Merge’
Ethereum bulls look to overcome major resistance at $3,000 as the community prepares for the merge of the Ethereum mainnet...
SEC pushes decisions on WisdomTree’s and One River’s applications for spot Bitcoin ETFs
The regulator said it would extend its window for the decision on WisdomTree’s Bitcoin investment vehicle to May 15 and...
