A class action lawsuit filed in Miami last month by an FTX investor against Sam Bankman-Fried and celebrity promoters was dropped last week after the plaintiff filed a voluntary notice…
As FTX implosion continues, in the latest revelation, it comes to light that the crypto news portal, The Block, had received three loans amounting to $43 million from Sam Bankman-Fried-owned…
Major video game chain GameStop has announced that it will no longer put any effort into cryptocurrencies after suffering net losses of $94.7 million in the third quarter and firing…
Starbucks launched a beta test of its much-anticipated Odyssey experience, which blends customer loyalty benefits with non-fungible token (NFT) collection and other gamified components.
The Seattle-based coffee chain added a Web3 extension to its…
The year 2022 was not kind to the crypto sector, as many powerhouses including FTX, BlockFi, and Celsius went bankrupt, rocking the sector to its core.
As cryptocurrency usage has grown…
Digital Payments company PayPal has launched its cryptocurrency services in Luxembourg. Users in this EU member country can now buy, sell, and hold bitcoin, Ethereum, Litecoin, and Bitcoin Cash through…
CBDC is generating a lot of reactions on Twitter and most of them are against it. Over the past few weeks, anti-CBDC movements on the social media platform have gained…
In Kazakhstan, businesses that mine cryptocurrency will be permitted to buy surplus electricity on a government-regulated market -- the KOREM exchange. The move is accompanied by new legislation that was…
More than 140 use case proposals from the financial sector have been submitted for an Australian Central Bank Digital Currency (CBDC) pilot programme. However, Reserve Bank of Australia (RBA) warns…
India's Financial Intelligence Unit (FIU) has investigated 3,300 crypto accounts between April and November 2022. These accounts were used for illegal activities between 2019 and 2021 and the total illegal…