According to Tesla’s second-quarter earnings, the company converted about 75% of its Bitcoin into dollars, adding some US$936 million of cash to its balance sheet, but suffering an impairment as…
With China’s economy showing signs of slowing and the increased likelihood that Beijing will need to step in at some point to shore up its rapidly deteriorating real estate sector,…
Inflation and recession are closely linked because to battle high prices, the Fed could raise interest rates so fast that it triggers an economic slowdown.
The government of South Korea recently announced that a new regulator — tentatively named the Digital Assets Committee — is slated for launch soon. In light of the “Terra (LUNAC)…
Animoca Brands -- a Hong Kong-based gaming company and investor of Web3 giants like The Sandbox, Dapper Labs, OpenSea and Sky Mavis -- has recently received a prominent figure as…
During Bloomberg’s Crypto Summit on Tuesday, US Senators Cynthia Lummis and Kirsten Gillibrand — the duo who led the bipartisan crypto bill — remarked that there is a slim chance…
In order to offer developers an increased capacity and easier user experience when building decentralized applications (DApps), an open-source decentralized finance (DeFi) protocol Aave (AAVE) is forming a partnership with…
To become one of the world’s top 10 metaverse economies in their most populous city, Leaders of Dubai unveils their Metaverse Strategy to attract blockchain firms.
According to an announcement published…
Instead of staking its claim through permission, the SEC is using omission, and looking to exempt selected cryptocurrency firms from specific securities laws that would help the industry come into…
According to Caixin, a Chinese new site, hundreds of contractors say they themselves can no longer afford to pay their own bills because developers, including China Evergrande Group, still own…