Genesis Creditors Recovering 80% Funds in the Restructuring Plan
Michael ScottDigital Currency Group (DCG) is ceding its equity ownership stake within Genesis’ trading firm. Handing over the trading arm to…
FinTech Company Juno Resuming Operation After Scaling Down in January
The Singapore-based crypto firm Juno has announced plans to resume providing crypto services after halting the services in January. Juno…
Swiss Crypto Firm Metaco Recruits Former IBM Executives for Institutional Expansion
Swiss crypto tech firm Metaco announced successfully hiring Peter DeMeo, who previously headed products. Metaco revealed that DeMeo would leverage…
South Korea Legislation to Integrate Security Tokens into Capital Market Rules
South Korea's financial regulator is set to integrate security tokens within the scope of capital markets rules. The Financial Services…
Binance Tax Preparing Crypto Holders for Tax Compliance
Binance announced the release of the Binance Tax platform to facilitate users in ascertaining their tax obligations relative to their…
Blockchain
Cryptocurrency
Decentralized Autonomous Organization (DAO)
DeFi (Decentralized Finance)
News
Decentralized Lending Platform Centrifuge Suffers $5.8M Overdue Debt
1754 Factory acknowledged suffering distressed loans within the debt pool it plays the originator role. The originator revealed plans to…
Takashi Murakami Releasing 13 NFTs Collection Associated with Physical Hublot Watches
Holders of the Hublot and Murakami NFT collection are set to receive 12 timepieces. The project features the partnership of…
British Minister Andrew Griffith Supports the Enactment of Financial Act Before Easter
The newly appointed Economic Secretary in the UK, Andrew Griffith, is advocating for implementing the Financial Service and Market Bill…
OpenSea Launching New NFT Tools for Developers
The New York-based Web3 marketplace OpenSea has introduced a new phase for its Drop platform. Drop on OpenSea is a…
Solana-Based Meta Protocol Everlend Closing Down its Lending Application
The Ukrainian-based crypto lender Everlend Finance has announced to shut down its lending application citing liquidity crutches. The Everlend update…
Arrington Capital Hires BitMEX Ex-Official Bhavik Patel
The US-based digital asset management firm Arrington Capital has announced plans to hire Bhavik Patel, former derivatives ventures and product…
ImmutableX Launching Holistic Passport System, Targets Onboarding Gamers in Web3
ImmutableX is set to introduce the new platform in April 2023 as a non-custodial wallet. The latest update indicated that…
Ripple Realizes Strong Growth with $226M XRP Sold in Fourth Quarter
Ripple admitted witnessing increased demand for the liquidity product as the firm's operations grew to 40 countries. The firm's XRP…
India 2023 Budget Retains Strict Crypto Tax Rules
India's 2023 budget retains the restrictive tax policies proposed the previous year. The country's government introduced a 30% tax on…