Crypto Firm Nexo Pays Out $45 Million in Settlement with SEC, Shutters Lending Product
20.1.2023
Crypto lending company Nexo has agreed to pay a total of $45 million to US regulators to settle claims that it failed to register the sale of its Earn Interest Product (EIP).
According to two separate statements by the US Securities and Exchange Commission and the North American Securities...
Sundance Film Festival embraces blockchain and crypto film initiatives
20.1.2023
Film festivals have seen an increase in blockchain and crypto-funded film projects and initiatives as Web3 technologies continue to merge with the entertainment industry
11th Global Blockchain Congress by Agora Group on March 6th & 7th in Dubai, the UAE
20.1.2023
Agora is hosting its 11th Edition of the Global Blockchain Congress on March 6 and 7, 2023, in Dubai, The UAE. The theme of this edition is: “Resiliency and Adaptability”. The Global Blockchain Congress leverages the experience gained through the hosting of the first 10 editions of the event...
Enjin Coin Price is Still Pumping, 7% Higher at $0.416 - Can ENJ Reclaim $1 By Next Week?
20.1.2023
Enjin Coin Price is ushering in the weekend in style, following a colossal 39% bullish move in seven days. The NFT and gaming platform has in two weeks netted 68.9% in cumulative gains, with its value growing 59.7% in a month.
The bullish outlook in ENJ is expected to spill over into the weekend...
Genesis’ crypto lending businesses file for Chapter 11 Bankruptcy Protection
20.1.2023
Genesis, along with its 2 subsidiaries, filed for Chapter 11 bankruptcy protection last Thursday following the collapse of FTX and Three Arrows Capital. The application has been filed by Genesis Global Holdco, Genesis Asia Pacific Pte, and Genesis Global Capital, seeking a joint administration...
Davos 2023: Banking Panel Reinforces the Need for Crypto Regulation
20.1.2023
A group of global banking experts hosted by the World Economic Forum (WEF) convened about the need for global crypto regulation, including stablecoins and unbacked crypto assets. The panel agreed there must be at least some kind of base regulation for these assets and bank-equivalent regulation...
Bybit CEO offers clarity on exposure to Genesis, but community demands more
20.1.2023
The community questioned Bybit’s timing in revealing their exposure now and many demanded proof to back up the reassurance from the CEO
CFTC’s opinion on the regulation of the digital assets market
20.1.2023
Following the relaunching of the Global market Advisory committee, it happens to be the Commodity Futures Trading Commission (CFTC) has decided to gather all of its attained knowledge and experience through the years and arrive at the table for discussions related to the proper ways of bringing...
OKX Publishes 3rd Proof of Reserves Report, Shows it Holds None of its Native Token as Collateral
20.1.2023
Crypto-exchange OKX has released its third monthly proof-of-reserves (PoR) report, confirming that all its reserves are held in bitcoin, ethereum and USDT. This also means that none are held in its native token OKB, with OKX claiming that it has the largest ‘clean’ asset reserves of any major...
The 7th Edition Connected Banking Summit – East Africa will be held on the 7th of March in Nairobi, Kenya
20.1.2023
Accelerating Digital Inclusion and Sustainable Transformation Global executives, experts, and leaders will take the stage as we return with the 7th Edition Connected Banking Summit in Nairobi, Kenya, on March 7, 2023. The Connected Banking Summit Series focuses on building future-oriented banking...
There’s Been a Rise in Argentinians Choosing to Get Paid in Crypto – Here’s Why
20.1.2023
There has been a sharp rise in Argentinians choosing to work for companies that pay them in crypto rather than fiat, a new report has suggested.
Speaking to the media outlet Criptonoticias, Jonathan Chester, the CEO of Bitwage claimed that in the past year, the number of Argentines who have used...
Cardano update set for February bringing better interoperability
20.1.2023
Cardano and IOG (Input Output Global) are working together to elevate Plutus’ status. The smart contract programming language is set to receive a huge upgrade with the next Cardano update. Set for February, the update will allow Plutus to support Schnorr and ECDSA (Elliptic Curve Digital Signature...