FinTech firm Ripple has revealed that it has strategically invested in the Blockchain Founders Fund (BFF). BFF, based in Singapore, is an early-stage venture capital fund that concentrates on top-tier global Web3 startups and is supported by key industry leaders, investors, and family offices. According to the press release, the […]
Signum Digital, the joint venture of Coinstreet and Somerley, has announced that it has received an approval-in-principle from the Hong Kong Securities and Futures Commission (SFC) for its security token offering (STO) and subscription platform. The security token is a new category of virtual assets built on blockchain technology that […]
Nonfungible token (NFT) trading volumes took a massive beating following the collapse of Silicon Valley Bank (SVB) last week as traders fled the markets fearing the repercussions of a major United States bank going under. According to a March 16 report from data aggregation platform DappRadar, NFT trading volumes were […]
Bitcoin (BTC), Ethereum (ETH), and Binance Coin (BNB) could soon receive a significant boost in price fuelled by the mass conversion of the funds from Binance. On his Twitter, Binance CEO Changpeng Zhao announced the move to convert $1 billion Industry Recovery Initiative funds from BUSD to ‘native crypto’, such […]
Scammers continue to prey on nonfungible token (NFT) users looking to claim Blur (BLUR) token airdrops through numerous scam websites. According to data from TrustCheck, over $300,000 has been stolen from unsuspecting users that have linked wallets to malicious websites. The legitimate Blur platform is a newcomer to the NFT […]
The price of Bitcoin (BTC) has changed significantly after breaking through the overriding resistance of $25,000 and reaching a high of $26,529. Bitcoin price long-term forecast: bullish Unfortunately, buyers were unable to sustain the bullish momentum above the overriding resistance, which led to a decline. At the time of writing, […]
Ether (ETH) stakers who have had their holdings locked up during the Ethereum Merge event might soon have access to “unstaking.“ Coinbase has announced in a tweet that unstaking requests on its platform may take the protocol weeks or months to process. According to the tweet, it expects a flood […]
The war in Ukraine has given crypto the opportunity to prove its utility. The partnership of humanitarian groups Stellar and Circle has enabled the distribution of millions in crypto donations. Crypto has helped Ukrainian refugees by circumventing geographic and institutional barriers. It has been a little over a year since […]
Sam Bankman-Fried is seeking to use FTX’s insurance policies to cover his legal expenses, according to a court filing on March 15. The former FTX CEO’s legal counsel requested in a motion to permit insurers to advance or reimburse his defense costs and fees under directors and officers (D&O) insurance […]
Massachusetts Senator Elizabeth Warren, one of the more prominent anti-crypto voices in the United States Congress, has called on Jerome Powell to recuse himself amid an internal probe at the Federal Reserve. Speaking to reporters in Washington D.C. on March 15, Warren said Powell had led “the de-regulatory movement” at […]
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