A new lawsuit has been filed by trading company Alameda Research against Voyager Digital for recovering funds of about $445.8 million. Alameda Research was founded in 2017 by the co-founder of the FTX crypto exchange, Sam Bankman-Fried. In November 2022, a day before FTX filed for bankruptcy, it emerged that the crypto exchange had lent…
On Wednesday, a measure was introduced in the Senate by Senator Ted Cruz, which calls for introducing crypto payments in some regions of the Capitol. This is an indication of the continued focus of Republicans to introduce regulations pertaining to the use of digital assets. The directive Officials who are responsible for overseeing the day-to-day…
Nexo Capital appears to be having a bad week. Bulgarian authorities said on Sunday that they had evidence of its clients conducting illegal activities via its platform. This included financing terrorist activities, ‘tax offenses’ and money laundering. All of these claims have been denied by the crypto lender. The troubles But, things went downhill from…
The bankruptcy restructuring team of FTX has repeatedly claimed that both the US and international exchanges of the company are missing customer funds worth millions. However, Sam Bankman-Fried, the former CEO of the company, has stated that the team is wrong in its claim. The presentation John Ray is the new CEO of FTX, and…
The largest crypto exchange by transactions volume, Binance has just made another major announcement in regard to its expansion. The officials made an announcement on January 18 pertaining to increasing their influence and network in other parts of the world. As per the latest announcement, the exchange is planning to expand its services in Poland….
Like others, globally famed economist and philanthropist, Peter Schiff, is also celebrating Christmas and holidays. However, even on holidays, he seems to be keeping an eye on the crypto industry and has the advice to share. Since he openly opposes the digital asset industry, hence, his advice would of course be discouraging for the industry…
The banking watchdog in Venezuela, Sudeban, is currently working on developing a mechanism that will enable it to monitor crypto transactions in real time. This will allow it to have control over the influence of crypto-related transactions on the exchange market’s stability. This is due to the fact that analysts recently asserted that the drop…
A group of Coinbase customers had filed a class-action lawsuit against the crypto exchange and have now withheld their account information, as they do not want the case to move into arbitration. The lawsuit relates to alleged failures in cybersecurity efforts of the Coinbase crypto exchange and customers are seeking compensation for having their accounts…
The Tamil Nadu Idol Wing CID has made an announcement pertaining to adopting a new technology for the public to interact with them. The Tamil Nadu Idol Wing has confirmed that they have introduced a new platform that is unique and digital in nature. The CID Adopts Blockchain-Based Platform According to the officials, it is…
On December 3, China made a major change to the international trade system that it has in place. However, the change was a temporary one as the country aimed to test out new technology. China Tapped the Blockchain Technology On that particular day, the entire international Intermodal process was moved to blockchain technology. This was…
One of the most prominent cities in South Korea, Busan has been on top of cryptocurrency and blockchain technology adoption. It has aimed to become one of the largest and most advanced hubs for the crypto-blockchain industry. For this purpose, the city started working on a Digital Exchange Plan. The city has been busy forming…
Entertainment giant Disney is pushing further into metaverse and NFTs. The recent job post indicates that the company wants to recruit a principal counsel specializing in the metaverse, NFTs, decentralized finance, and blockchain technologies. The appointed counsel will guide Disney through its push into Web3. Some of the roles in the job post state that…
