Last year, many key figures in the cryptocurrency industry made it known that they were bullish on cryptocurrencies like Bitcoin hitting new price levels. As the year progressed, the market saw Bitcoin and other leading altcoins record a massive price drop. Many notably bearish events forced investors out of the […]

On Friday (13 January 2023), Robin Vince, President and CEO of BNY Mellon, the world’s largest custodian bank and securities services company, shared his thoughts on crypto. According to the transcript provided by Seeking Alpha, during the Prepared Remarks section of his company’s Q4 2022 earnings call, the BNY Mellon […]

Input Output Global (IOG), the company responsible for Cardano’s research and development, has announced the release of a software toolkit later this month that will allow developers to deploy custom-built sidechains on the Cardano ($ADA) network. The move is set to improve the overall ecosystem of the Cardano blockchain, as IOG noted […]

Blockchain use cases have expanded far beyond cryptocurrency in recent years, with multiple industries embracing the technology in a wide range of fields, including healthcare, logistics and financial services.  There are many factors behind the hype. Blockchains are decentralized, transparent and increase the capacity of a whole network, opening a […]

Less than 48 hours after a raid on cryptocurrency lender Nexo’s offices in the Bulgarian capital of Sofia, prosecutors have reportedly charged four people. According to a Jan. 13 report by Bloomberg, authorities charged four Bulgarian nationals with forming an organized crime group, which may have included activities related to […]

Amid Bitcoin (BTC) seeing a significant price increase so far in 2023, one industry executive stressed that some features of Bitcoin are far more crucial than its price. Matěj Žák, the newly appointed CEO of crypto hardware firm Trezor, believes that Bitcoin-enabled financial independence is the top benefit of the […]

The judge in charge of overseeing the FTX bankruptcy proceedings has given the embattled crypto exchange the approval to sell some of its assets to aid its efforts in repaying its creditors.  According to a court filing, Delaware Bankruptcy Court Judge John Dorsey has approved the sale of four key […]

Troubled cryptocurrency firm Nexo is planning to sue the Bulgarian government in the aftermath of massive raids at the company’s offices in Sofia. Nexo has complained about the actions of the law enforcement authorities in response to the investigation against the firm, the Bulgarian News Agency reported on Jan. 13. The […]

The music industry has not shied away from its keenness on adopting Web3 solutions. From nonfungible tokens (NFTs) helping artists connect with their communities to blockchain being used for various use cases including event ticketing. Another relevant implementation of the technology to be considered by industry insiders is how Web3 […]

Hot on the heels of its Bitcoin (BTC) futures exchange-traded fund (ETF) in Hong Kong, Samsung Asset Management has indicated it’s considering the launch of a spot Bitcoin ETF on the city’s exchange if policies allow for it. In an interview with Bloomberg published on Jan. 13, Hong Kong chief […]