BlockFi, a cryptocurrency lender on the brink of bankruptcy, has made the decision to liquidate its digital-assets lending platform. The company has determined that selling the platform to a new owner would not yield...

The Securities and Exchange Commission (SEC) responded to Coinbases plea for more specific regulations in the crypto sector. In an April petition, Coinbase urged federal courts to direct the SEC to create distinct...

In a novel study conducted by financial powerhouse Goldman Sachs, it was found that 32% of international family offices are engaging with the digital asset space. This includes investments in cryptocurrencies, NFTs, and...

The launch of the Canton Network, backed by leading financial firms such as SP Global, Deloitte, and Moodys, represents a significant development in the blockchain sector. The primary objective of the network is to enhance...

A new research center in Beijing, backed by the Chinese Ministry of Science and Technology, is set to collaborate with academic institutions, technology companies, and other research organizations to advance the nations...

Sam Altman, the Chief Executive Officer of OpenAI, has reportedly secured substantial financial backing for his upcoming iris-scanning cryptocurrency venture, Worldcoin. Insiders revealed on May 14 that ongoing...

Twitters CEO Elon Musk announced on Friday that Linda Yaccarino will be taking over as the platforms new chief executive. Musk will continue to serve as CTO and executive chairman as he works towards his...

In a significant development, BlockFi, an insolvent cryptocurrency lending platform, has received legal approval to refund its Wallet program customers $297 million, according to a report by Reuters on May 11. Judge...

In an unprecedented move, the digital financial titan PayPal has added a staggering $339 million in digital assets to its coffers over the last fiscal year, from March 2022 to March 2023. This marks a prominent trend in...

The worlds first cyber nation-state, with diplomatic relations with a recognized UN member nation, has been introduced. Joseon, a newly established sovereign nation, aims to create a secure environment for...

Nexo, the London-based cryptocurrency lender, has decided to dissolve two of its UK entities due to legal uncertainty prevailing in other parts of Europe. Recent filings reveal that Nexo Financial Services Ltd. and Nexo...

Ethereum developers are preparing for the upcoming major change in the blockchain known as Dencun. The name combines two simultaneous upgrades happening on the blockchains main layers. The execution layer will undergo...

Fred Thiel, CEO of Marathon Digital, has commented on the recent downturn in the cryptocurrency market, describing it as a period of stress that is beneficial in purging the industry of unsavory operators. Thiel, whose...

Arbitrum, a popular Ethereum layer-2 blockchain scaling network, has revealed plans to distribute Ether tokens valued at approximately $6.2 million to its decentralized autonomous organization (DAO). The announcement...

In a recent development, South Korean legal authorities have obtained a freeze on approximately 233.3 billion Korean won (around $176 million) worth of assets owned by former Terraform Labs CEO, Do Kwon, as he faces...