Industry News

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…

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…

In a recent turn of events that has stirred the fintech and cryptocurrency sectors, Copper, a prominent crypto custody firm, has found itself at the center of controversy following a sushi event that has been widely criticized for its insensitivity and lack of judgment. The event, which involved serving sushi on the bodies of models…

After the circus of a trial that landed their ex-boss, Sam Bankman-Fried, behind bars for a cool quarter-century, folks are itching to know. What is going on with the three musketeers Gary Wang, Nishad Singh, and Caroline Ellison? These three amigos, once riding high on the crypto wave at FTX and Alameda Research, have, as…

The aftermath of a terrorist attack is never easy. Least of all when it happens on the global stage with accusations flying faster than I can report them. Recently, Moscow found itself the target of such an attack, leading to a complex web of blame, international intrigue, and a recent notable nod towards cryptocurrency’s role…

The first quarter of 2024 will see a crisis in the cryptocurrency market, with total losses reported due to hacks and fraud witnessed. $336.3 million loss. While this figure is indeed alarming, it also represents a slight decrease from the previous year and reflects both subtle and unmistakable changes in the economy. DeFi vulnerabilities report…

FTX real estate just sold for $41 million. The $7.5 billion sale price of locked Solana tokens attracted the attention of investors. Demand for the sale is strong, and many companies are interested in purchasing tokens from the property, people familiar with the matter said. Neptune Digital leads the way Neptune Digital became the first…

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…

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…

Against the background of an Evolving Digital vista, where Blockchain technology redefines the limits in finance and technology, the rivalry between Ethereum (ETH) and Solana (performance-shake-the-altcoin-market/” target=”_blank” rel=”noopener”>SOL) has warranted much attention from industry experts and enthusiasts.  This fiercely competitive environment and the analyst’s forecast imply that someday Solana might outnumber Ethereum’s market share for…

The dominant position of Nintendo of America, one of the major gaming manufacturers, can be stated as going through a restructuring event after Kotaku’s recent report. It covers reorganizing the testing department responsible for game and system assessment. The choice of such periods for these changes could not be casual because there is an expectation…

A well known gaming platform, The Finals, has undergone a backslide from its community recently after Embark studios brought up a disputable update. The update, which is marked as 2.2.0, caused several new features and adjustments, yet it also consisted a requirement in its challenger circuit that caused discontentment and disappointment among many players. Community…

premium-subscribers/” target=”_blank” rel=”noopener”>PlayStation Plus subscribers of monthly free games are looking for good value, and their subscriptions are what they have in mind. The rapid price rise has attracted this product’s attention from subscribers and critiquing. Hence, users, who are the last-line consumers, must judge arguments to decide whether the offerings are worth the cost….

The surge by Solana (SOL) has been accompanied by more than 850% over the past year, yielding much better rewards. Six months ago, CRO was trading at around $21; after spearheading this more recent bull run, CRO has now captured a price of over $200, which leaves its competitors like Ethereum, Cardano, and Chainlink with…

Katherine Dowling from Bitwise Asset Management compared investing in cryptocurrency to adding cayenne pepper to a dish during a conference in West Palm Beach, Florida. She meant that just a small amount of crypto can make a big difference in an investment portfolio. Ivory Johnson, a financial advisor and CNBC Council member, agrees with Dowling….