SEC Charges 11 Individuals In $300 Million Forsage Ponzi Scheme
Summary: The U.S. SEC shared an update on the Forsage debacle. 11 individuals have been charged in connection with the alleged Ponzi scheme. Four of these persons are believed to…
Socios.com Inks $100 Million Deal With FC Barcelona For Web3 Push
Summary: Blockchain-based sports engagement platform Socios.com announced a $100 million investment in Barca Studios. The capital injection is designated for the football club’s Web3 strategy investment. This could include blockchain…
UK FCA Introduces 10% Rule For Crypto Investors, Tighter Crypto Marketing Policies In The Works
Summary: The UK’s top financial regulator hopes to cap crypto holdings at 10% of the investors’ net assets. A ban on referral bonuses could also be implemented. Britain’s FCA unveiled…
Diamonds And NFTs: Tiffany And Co.All Set To Sell Cryptopunks NFT Inspired Pendants
Tiffany and Co is spearheading a venture dubbed NFTiffs, enabling Cryptopunk NFT holders to turn their NFTs into a custom pendant The jewelry makers will issue 250 passes at 30…
Aave DAO Approves Overcollateralized Stablecoin GHO
The Aave community has approved the GHO stablecoin. GHO is an overcollateralized stablecoin that allows users to earn interest on the collateral used to mint the stablecoin. The GHO stablecoin…
Elon Musk Fires Back At Twitter with a Counter Lawsuit
Summary: Elon Musk has filed a countersuit against Twitter over the now uncertain $44 billion deal. The lawsuit was filed late Friday, July 29th, a few hours after a Judge…
CoinFLEX Lays Off a Significant Portion of its Team to Reduce Costs by 50 – 60%
Summary: The CoinFLEX team has announced that it has laid off a significant portion of its team to cut operational costs by 50 to 60%. CoinFLEX has also made cuts…
Nomiswap.io DEX launches $50 000giveaway for a video review of theplatform
Nomiswap.io DEX announced a contest of video reviews with a prize fund of almost $50,000 and 30 total number of prizes. Make a video for your YT channel and tell…
Ethereum Classic’s Hashrate, Transactions up 24% and 62% in One Month as Ethereum’s Merge Draws Nearer
Summary: Ethereum Classic’s metrics have seen a significant increment this month due to Ethereum’s merge being scheduled for mid-September. Ethereum Classic hashrate has increased by 23.90% since the beginning of…
Santander Brasil Will Soon Offer Crypto Trading Services
CEO of Santander Brasil Mario Leao said that the bank would offer crypto trading in the country. He believes that the market is here to stay, and more news should…
Miami City Partners With Time Magazine, MasterCard, and Salesforce to Launch 5000 Ethereum NFTs
Miami City Mayor has announced a new NFT venture in collaboration with Time magazine, MasterCard, and Salesforce The city will be launching 5000 ethereum NFTs designed and created by 56…
Will Ethereum Outperform Bitcoin After The Merge?
All eyes are on Ethereum’s coming Merge – is ETH the next #1 token? While Bitcoin and Ethereum came onto the crypto scene with different purposes, there is constant competition…
Ethereum Reveals Roadmap Post-Merge
Ethereum’s Vitalik Buterin shared the team’s next milestones after the Merge during the fifth edition of the Ethereum Community Conference (EthCC) in Paris. According to Buterin, Ethereum will have more…
Ethereum On Track For Proof-of-Stake Transition On September 19
Projects are still working on their goals amid the market downturn, and Ethereum is making progress. We’re just over two months away from the long-awaited upgrade of the Ethereum blockchain…
Axie Infinity CEO Transferred AXS Worth $3M to Binance Before the Team Revealed Hack – Report
Summary: A digital wallet belonging to Axie Infinity CEO allegedly moved $3 million worth of AXS to Binance before the announcement of the $600 million exploit on the Ronin Bridge.…