Singapore’s Temasek sees ‘reputational damage’ due to FTX, official says
Despite writing down its $275 million investment in FTX, Temasek still apparently holds its investments in many other crypto-related businesses....
Month: November 2022
Festivals in the metaverse: How Web3 projects are taking culture virtual
As the metaverse becomes a place to hang out, more large-scale events will pop up to entice users into digital...
Illicit cross-chain transfers expected to grow to $10B: Here’s how to prevent them
Forecasts predict cryptocurrency criminals laundering more than $10 billion through cross-chain bridges by 2025, leading to calls for holistic screening...
European Central Bank blasts Bitcoin —community responds
After the European Central Bank released a blog post on the shortcomings of Bitcoin, the crypto community on Twitter took...
What is the best crypto use case? Community answers
A community member argued that the best crypto use case is still how crypto provides a decentralized, peer-to-peer payment system...
Cameroonian Fintech Ejara Raises $8 Million in Series A Investment Round
Just over 12 months after raising $2 million, the Cameroonian fintech whose app allows users to buy and store crypto...
Crypto Exchange Kraken Settles With Treasury Department Over Sanctions Violations
Crypto exchange Kraken has settled with the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) over its...
RBI Begins First Retail Digital Rupee Pilot in 13 Indian Cities With 8 Banks
India’s central bank, the Reserve Bank of India (RBI), is launching its first retail digital rupee pilot on Dec. 1...
Binance acquires regulated crypto exchange in Japan
Binance has managed to expand its services throughout the past year by either acquiring an operating license or buying a...
Brazil passes law to legalize crypto as a payment method
The law was approved by the Chamber of Deputies of Brazil but still requires the approval of the executive branch...
Bankruptcy court told FTX and Alameda owe BlockFi $1B… but it’s complicated
While BlockFi has attempted to separate itself from FTX and Alameda in its bankruptcy proceedings, it has many financial ties...
South Korea issues arrest warrant for Do Kwon’s former colleagues
Arrest warrants were sought for Terraform Labs co-founder Daniel Shin, three investors and four engineers responsible for TerraUSD (UST) and...
Blockchain-based supply chain platform canned by IBM and Maersk
Although the TradeLens platform will officially go offline in Q1 2023, Maersk said it's not given up its effort to...
Bankman-Fried on the hook in Texas, called to appear at Feb. hearing
The Texas Securities Board has asked the judge to consider leveling a cease-and-desist order, administrative fines, and forced refunds against...
Metaverse exploitation and abuse to rise in 2023: Kaspersky
Cybercriminals will flock to the Metaverse next year to prey on unsuspecting virtual world participants according to a report by...
