Near Foundation sets up $40M fund to bail out USN investors in case of collapse
The program was launched after Decentral Bank, the issuer of NEAR-native stablecoin USN, raised concerns about the stablecoin depegging due...
Month: October 2022
Africa Focused Crypto Exchange Yellow Card Granted VASPs License in Botswana
Yellow Card, an Africa-focused cryptocurrency exchange platform, recently said it has received a virtual asset service provider (VASP) license to...
Report: Billionaire Says Britain May Be Forced to Seek Bailout From IMF if It Does Not Renegotiate Brexit Deal
British billionaire investor Guy Hands has reckoned that Britain will become “the sick man of Europe” and may be forced...
Report: US Department of Justice Files $60 Million Lawsuit Against Bitcoin Mixer Operator
The United States Department of Justice recently filed a lawsuit to recover $60 million that was imposed on Larry Harmon,...
Brand New ‘Emergent Entertainment PLC’ Forms to Offer Next Generation of Digital and Immersive Entertainment
PRESS RELEASE. 25 October 2022: Today, the formation of a new entertainment PLC EMERGENT ENTERTAINMENT is announced. Emergent Entertainment officially...
A new definition of crypto comes from the IRS — Law Decoded, Oct. 17-24
IRS broadens the classification of crypto, Ripple gets another point in a case against SEC, and Hong Kong considers its...
Inflation-pegged ‘flatcoin’ launches testnet to track the cost of living
The concept of an inflation-linked "stablecoin" has been trialed before, but time is yet to prove whether it is working...
Investors are loving SEC’s crypto industry crackdown, according to survey
Critics have called out the SEC's "regulation by enforcement" tactics, but to some investors, it's a positive sign they're seeing...
Key witness called to testify at Terra parliamentary inquiry is a no-show
Kim Seo-joon’s company Hashed had $3.6 billion wiped since Luna Classic’s April high — with the mental effects of the...
Zuckerberg’s $100B metaverse gamble is ‘super-sized and terrifying’ — shareholder
In an open letter, Altimeter Capital’s CEO and founder recommended the tech giant cut its metaverse investments from $10-15 billion...
ASIC fires industry warning shot as it sues BPS Financial over crypto promo
The Australian securities regulator is pursuing BPS Financial Pty Ltd for allegedly making false and misleading representations, and engaging in...
Zuckerberg’s $100B metaverse gamble is ‘super-sized and terrifying,’ shareholder says
In an open letter, Altimeter Capital's CEO and founder recommended the tech giant cut its Metaverse investments from $10-15 billion...
New Apple rules double down on 30% NFT ‘tax’ and geo-limits exchanges
Apple has published rules for NFTs for the first time while clarifying rules around cryptocurrency payments and crypto exchanges. Technology...
HK and Singapore’s mega-rich are eyeing crypto investments: KPMG
Despite the ongoing bear market, family offices and high-net-worth individuals in Hong Kong and Singapore are keen to invest in...
Israel’s Stock Exchange Unveils Plan to Create Digital Asset Platform and Venture Into Crypto
The Tel-Aviv Stock Exchange, the only public stock exchange in Israel, has announced that it is entering the crypto space...
