X Payments delays crypto integration amid licensing issues - Industry News - News

X Payments delays crypto integration amid licensing issues

In a strategic move that diverges from the trend of cryptocurrency integration, payments-integration/” target=”_blank” rel=”noopener”>X Payments, the new venture by the social media giant formerly known as Twitter, helmed by billionaire entrepreneur Elon Musk, is set to debut without cryptocurrency support. This decision comes amidst licensing hurdles, specifically the absence of a Virtual Currency Business…

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Former FTX executives and promoters settle class-action lawsuit

Former executives and promoters of defunct crypto exchange FTX have settled with a group representing former investors of the exchange in a lawsuit. According to the details of the settlement, the former executives and promoters of the exchange will part with $1.3 million. The settlement stems from a protracted lawsuit where investors were seeking compensation,…

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Mixed reactions: Google’s move into cryptocurrency monitoring - Industry News - News

Mixed reactions: Google’s move into cryptocurrency monitoring

Google recently made a breakthrough by expanding its search capability to monitor wallet balances across various blockchains, thus enabling Google users to effortlessly track their cryptocurrencies using the search engine. The enhancement includes popular blockchains like Bitcoin, Arbitrum, Avalanche, Optimism, polygon, and fantom and accommodates various cryptocurrency users.  Google’s upgraded search capability enables such users…

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Apex Legends Competitive Scene Undergoes Massive Shake-Up with Removal of Dropship and Introduction of POI Draft - Industry News - News

Apex Legends Competitive Scene Undergoes Massive Shake-Up with Removal of Dropship and Introduction of POI Draft

Professional play in the Apex Legends competitive scene isn’t new to controversies, with the most recent hack events undoubtedly leaving a trail often behind. The game company Electronic Arts (EA) revealed recently envisioned serious amendments in action for Apex Legends Global Series (ALGS) including the holding of the Dropship stage and the coming of Performance-Based…

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Russia Plans to Enter PC Gaming Handheld Market - Industry News - News

Russia Plans to Enter PC Gaming Handheld Market

Russian President Vladimir Putin has approved plans to enter Russia into the PC gaming-excitement/” target=”_blank” rel=”noopener”>gaming handheld market, which has had very good development and was started by the units, for example, Steam Deck. Putin’s directive sparks interest At a recent session presided over by President Putin on the social-economic advancement of the Kaliningrad region,…

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Bybit expands to Europe, launches Dutch platform Bybit.nl - African News - News

Bybit expands to Europe, launches Dutch platform Bybit.nl

market–trading-heres-everything-you-need-to-know/” target=”_blank” rel=”noopener”>Bybit, a leading global cryptocurrency exchange, has announced its expansion into the contact market. This development comes in view of the exchange looking for fresh prospects after encountering regulatory issues in Hong Kong. Bybit announced that Bybit.nl, a digital asset platform specifically designed for the Dutch market, was launched on March 28. The…

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Relic Entertainment Becomes Independent After Sale by Sega Europe - Industry News - News

Relic Entertainment Becomes Independent After Sale by Sega Europe

An RTS developer, Relic entertainment/” target=”_blank” rel=”noopener”>Entertainment, situated close to Vancouver, has completely modified its ownership. Relic is known for the Company of Heroes series, which is in the second installment, and the Dawn of War sequel.  The studio Sega Europe, the earlier parent company, is owned by another firm and is being sold due…

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Rapid rise and fall of Memecoins amidst SBF’s sentencing - Industry News - News

Rapid rise and fall of Memecoins amidst SBF’s sentencing

In a whirlwind of speculative fervor, the cryptocurrency community witnessed a fierce surge in memecoins coinciding with the historic crypto–community-reactions-to-sbfs-sentence/” target=”_blank” rel=”noopener”>sentencing of Sam Bankman-Fried, former CEO of FTX. Judge Lewis Kaplan’s decision to impose a 25-year prison sentence on Bankman-Fried sent shockwaves through the industry, marking a significant milestone as the first prison sentence…

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UAE research showcases challenges facing Blockchain implementation in UAE banking sector - Industry News - News

UAE research showcases challenges facing Blockchain implementation in UAE banking sector

The UAE based ADGM (Abu Dhabi Global Market) Academy research Centre alongside the College of Business and Economics at the United Arab Emirates University (UAEEU) carried out a digital-transformation-of-banking-and-financial-institutions-in-the-uae-understanding-the-common-challenges-for-collective-action/” rel=”nofollow noopener” target=”_blank”>research project entitled, “Digital Transformation of banking and financial institutions in the UAE: Understanding the common challenges for collective action” aimed at understanding the…

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Crypto traders reportedly flee KuCoin amid allegations of illegal operations - Industry News - News

Crypto traders reportedly flee KuCoin amid allegations of illegal operations

In the wake of the U.S. Department of Justice (DOJ) and Commodities Futures Trading Commission (CFTC) unsealing an indictment against us-indictment/” target=”_blank” rel=”noopener”>KuCoin and two of its founders, Chun Gan and Ke Tang, the cryptocurrency exchange has witnessed a significant exodus of digital assets. According to reports from blockchain analytics firm Nansen, traders have swiftly…

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Crypto community mixed reactions to SBF’s 25-year sentence - Industry News - News

Crypto community mixed reactions to SBF’s 25-year sentence

In a historic sentence on SBF enabling the crash of the FTX cryptocurrency exchange,  Judge Lewis Kaplan, who supervised the extreme case, sentenced the former FTX chiefcourt-appearance/” target=”_blank” rel=”noopener”> SBF  to 25 years in prison. On March 28th, the court convicted the defendant on bank robbery charges and fraudulent currency issuance. Amid the concerns about…

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