Blockchain

In a recent Twitter conversation with former Securities and Exchange Commission (SEC) official John Reed Stark, American businessman and philanthropist Mark Cuban predicted that 90% of blockchain companies will go broke. In the same vein, he also predicted that 99% of tokens will do the same,...

A court in Montenegro has extended the incarceration of former crypto fugitive Do Kwon and his associate Han Chang-Joon for an additional six months while they consider an extradition request from South Korean prosecutors. The decision comes after a higher court in Podgorica allowed Kwon and Han to...

Twitter founder Jack Dorsey is unrelenting in his bid to support the development of the Bitcoin (CRYPTO: BTC) protocol and he has made a new funding commitment to Brink, a Web3.0 hub that supports developers in the network.  The Jack Dorsey Commitment  As the blockchain startup revealed,...

A federal judge in the United States has mandated that cryptocurrency exchange Binance (CRYPTO: BNB), its U.S. branch Binance.US and the Securities and Exchange Commission partake in a mediation conference Wednesday. The aim is to negotiate and reach an agreement regarding operational...

South Korean digital asset platform Delio announced a temporary halt on customer deposits and withdrawals, citing the need to safeguard client assets amidst the surging market turbulence and investor uncertainty. This makes Delio the second high-yield offering platform to suspend...

An automated trading bot recently performed a complex series of transactions on the Ethereum (CRYPTO: ETH) blockchain. According to The Block, the transactions involved a flash loan of $200 million and yielded a minuscule net profit of $3.24. Flash loans are essentially loans without...

Bankrupt crypto broker Voyager Digital (OTC: VYGVQ) will initiate the return of funds stuck on the platform to creditors next week, according to the liquidation procedures filed with the U.S. Bankruptcy Court for the Southern District of New York. The filing noted that the Voyager app will be...

Although the pandemic is officially declared over and most restrictions have been lifted, it cannot be said that life has gone back exactly to the way it was before COVID-19 wreaked havoc on the world. The most obvious change would be how people are now relying more on the Internet, especially when...

Uniswap Labs (CRYPTO: UNI) has unveiled a sneak peek into the draft code of Uniswap V4, which brings to the table an innovative feature called “hooks” or plugins, which empower developers with the ability to design tailor-made liquidity pools. Renowned as the globe’s biggest...

Bitcoin’s (CRYPTO: BTC) correlation with equities has been significantly declining as the world moves further from the peak of the COVID-19 pandemic, according to a new report. The analysis by NYDIG, a Bitcoin services company, makes a case for Bitcoin's value in portfolio construction...

BOCI, the investment banking subsidiary of the Bank of China, has broken new ground by launching tokenized structured notes worth 200 million offshore renminbi (equivalent to $28 million) on the Ethereum (CRYPTO: ETH) blockchain. The move marks BOCI as the pioneer among Chinese financial entities...

Coinbase (NASDAQ: COIN) and Binance (CRYPTO: BNB) are being sued for dealing in unregistered securities. The lawsuits, brought on by the U.S. Securities and Exchange Commission (SEC), add tension to an already highly scrutinized market. Against this backdrop, industry heavyweights have weighed in...

Stakeholders who are deeply engaged in the technological aspects of Web3, or passionate about its transformative potentials, will often, at least in a whisper, acknowledge its PR challenges. The natural human propensity to approach novel technologies with cautious scrutiny only intensifies when the...

IOG, the company behind the development of Cardano (CRYPTO: ADA), and the Solana Foundation (CRYPTO: SOL), have rebutted claims by the U.S. Securities and Exchange Commission (SEC) suggesting that their native tokens could be classified as a security. This comes in the wake of the SEC's...

Looking back at the history of gaming, the industry has come a long way in a very short amount of time. From classic arcade games to the latest mobile releases, gaming has evolved in ways that would have been hard to imagine decades ago. As we move forward, it's exciting to think about what is...