Category: Crypto News

VC Giants Face Lawsuit Over FTX

Eighteen prominent venture capital (VC) investment firms, once heralded for their industry prowess, find themselves embroiled in a class-action lawsuit that could reshape their reputation....

Binance Supports BNB Smart Chain Upgrade

Binance, a leading cryptocurrency exchange, has announced its support for the upcoming BNB Smart Chain (BEP20) network upgrade and hard fork. The pivotal upgrade is...

MAS Licenses Blockchain.com In Singapore

Blockchain.com, a prominent player in the cryptocurrency space, has secured yet another milestone by obtaining a license from Singapore’s monetary watchdog, the Monetary Authority of...

DREX: Brazil’s Digital Real Currency

The Central Bank of Brazil has officially unveiled its anticipated central bank digital currency (CBDC) known as DREX, which stands for Digital Real Electronic Xchange....

Whale Activity Declines On Ethereum

Ethereum (ETH) has been experiencing a period of consolidation above the $1,800 mark in the past week, accompanied by a notable decrease in whale activity....

MAS Commits S$150M To FSTI 3.0

The Monetary Authority of Singapore (MAS) has made a momentous announcement, committing up to S$150 million over the next three years to the renewed Financial...

PayPal Launches PYUSD Stablecoin

In a significant move aimed at transforming payments in web3 and digitally native environments, PayPal (NASDAQ: PYPL) has announced the launch of its fully backed...

New Technologies In Focus: China’s Fraud Crackdown

China’s Communist Party has declared its determination to combat overseas telecommunications fraud, particularly focusing on the employment of new technologies like blockchain, metaverse, virtual currency,...

Musk vs. Zuckerberg Live On X

The long-standing banter between Elon Musk and Mark Zuckerberg has escalated into a full-blown cage fight challenge, with the tech moguls now gearing up for...