Nynu V Jamal
Elon Musk Prefers Artificial Intelligence Over Cryptocurrency
The business magnate Elon Musk, the owner and CEO of the social network platform Twitter, recently announced his preference for Artificial Intelligence (AI) over cryptocurrencies. On March 3, Musk shared...
Silvergate Capital Cut Ties with Silvergate Exchange Network
Silvergate Capital Corporation (SI), a dominant crypto lender has announced its “risk-based decision” to cut ties with the Silvergate Exchange Network, the internal Silvergate Bank network that allows transfers between...
ConsenSys Creates Guide for Ethereum’s Shanghai Upgrade
ConsenSys, the private blockchain software technology company, published an ultimate guide to ETH staking withdrawals, focusing on the impact of the Ethereum blockchain’s “hardfork”, the Shanghai/Capella upgrade on the staking...
Fed’s Interest Hike to Seriously Affect Risk Assets, Says Strategist
Mike McGlone, the Senior Commodity Strategist for Bloomberg Intelligence, the research arm of the television network Bloomberg, asserted that the risk assets including Bitcoin would be highly affected by the...
Crypto Moving Offshore Isn’t Good for America: Ripple CEO Comments
Brad Garlinghouse, the CEO of the financial technology company Ripple Labs, in an interview with the television network Bloomberg on March 2, commented that crypto and fintech have already begun...
Japanese Banks Initiate Stablecoin Issuance: Proof-of-Concept Trial
Three Japanese banks, including Tokyo Kiraboshi Financial Group, Minna no Bank, and The Shikoku Bank, have initiated their venture on experimenting with stablecoins on an Ethereum-compatible blockchain as an initial...
The Sandbox Identifies Security Hack: Intrusion of Third Party
The Sandbox, the decentralized gaming ecosystem, recently disclosed information regarding the intrusion of a third party into the platform, gaining access to the computer of an employee. Through hacking the...
Coinbase CEO Reiterates Crypto’s Need for ‘Clear Rule Book’
In an interview with the television network Bloomberg, Brian Armstrong, the CEO of the crypto platform Coinbase, commented that crypto needs a “clear rule book.” Significantly, Armstrong stated that the...
Will Bola Tinubu Uplift Nigeria from Crippling Cash Shortages?
Bola Tinubu, the Nigerian politician who served as the Governor of Lagos State from 1999 to 2007 and the Senator for Lagos during the Third Republic, has been elected as...
Revolut Exhibits Substantial Profit, Financial Accounts Say
According to the financial accounts released on Wednesday, the British-Lithuanian neo-bank and financial technology company Revolut issued its first-ever annual profit for 2021, reportedly acquiring a net profit of 26...
Voyager Digital Reveals Final Results of Customer Voting
Voyager Digital, the crypto brokerage company, declared the final results of the customer voting on the company’s Chapter 11 plan. The company announced that a majority of voters polled in...
Nirmala Sitharaman Comments on India’s Notion of Crypto at FMCBG
During India’s G20 Presidency, the meeting of Finance Ministers and Central Bank Governors (FMCBG), India’s Finance Minister Nirmala Sitharaman addressed the country’s position on crypto regulation. She said that India...
Huawei Cloud and Tencent Cloud Announce Web3 Alliances
Huawei Cloud, the cloud infrastructure, announced the launch of the Metaverse and Web3.0 Alliance, with the first batch of partners Blockchain Solutions, Deepbrain Chain, Polygon, and Morpheus Labs. On February...
Grayscale CEO Addresses SEC as Arbitrary on its Denial of Spot ETF
Michael Sonnenshein, the CEO of the American digital currency asset management company, Grayscale Investments, commented that the Securities and Exchange Commission (SEC) acted “arbitrarily”, referring to its rejection of Grayscale’s...
Simon Dixon Loses $8.8 Million Worth Bitcoin on Celsius Network
Simon Dixon, the CEO, and co-founder of the online investment platform BnkToTheFuture.com shared a thread on his official Twitter account claiming that the liquidity-strapped crypto lending platform, Celsius Network, has...
Indonesia Launches National Digital Asset Exchange; Reports Say
The transcontinental country, the Republic of Indonesia, has reportedly proposed to launch a National Digital Asset Exchange to rehabilitate the crypto sector and confront the risks posed by the fallen...
Private Crypto Ban is a Pivotal Need for India: Comments IMF Chief
Kristalina Georgieva, the International Monetary Fund (IMF) Managing Director said during the G20 meeting in Bengaluru, India, that there arose some disagreements over debt restricting for the troubled economies. She...
Montana State Senate Passes New Bill for Crypto Miners
The western state of the United States, Montana passed a bill on Thursday under the auspice of the State Senate, with the intention to protect crypto miners from a set...
Federal Prosecutors Charge SBF with New Financial Crimes
Sam Bankman-Fried (SBF), the ex-CEO of the fallen crypto platform FTX, has been charged with four new financial crimes, in an indictment filed by the Federal Prosecutors in New York...
Exclusive Playlists in Spotify Accessible to Specific NFT Holders
The digital audio streaming service Spotify has launched a new feature called the “token-enabled playlists” that allows users holding specific NFTs to unlock exclusive content by connecting to their wallet....
Binance Adopts Semi-Automated Process to Manage Token Reserves
The leading crypto exchange Binance has reportedly shifted to a “semi-automated” process with the intention to manage the reserves of the tokens the company issues. The shift is a move...
Binance Assures Transparently Backed Assets: Semi-Automated System
The leading crypto exchange Binance has reportedly shifted to a “semi-automated” process with the intention to manage the reserves of the tokens the company issues. The shift is a move...
NY Attorney General Accuses CoinEx as an Unregistered Exchange
The New York Attorney General Letitia James charged the professional global crypto exchange CoinEx, alleging that the company had been illegally functioning as an unregistered securities broker and commodity broker-dealer....
Bitcoin Mining Using Sustainable Energy has Grown Since 2021
From the recent analysis, it is revealed that the leading cryptocurrency Bitcoin has been showing a steady pace in its mining growth using sustainable energy since 2021, climbing above 50%,...
Major Crypto Firms Eliminate Employees: Layoff Rate Increases
Reportedly, crypto layoffs have been increasingly affecting employers of Web3 space, from “quiet layoffs” to “wildcat firms.” According to the crypto analytic platform CoinGecko, almost 2,806 crypto employers lost their...
