New York Official to Grill Paxos A Stable Coin Issuer
It’s unclear how extensive the probe really is. NYDFS spokesman stated that the organization was unable to comment on open cases. New York regulators are reportedly investigating Paxos, the firm…
Fujitsu Japanese Tech Firm Announces Web3 Acceleration Platform.
Fujitsu aims to host a worldwide planning and development competition.The platform would facilitate the development of a rich ecosystem of Web3 apps.Web3 Accelerator is dedicated to helping startups in a…
Argo Blockchain CEO A Crypto Mining Firm Resigns
Seif El-Bakly has been named the company’s interim CEO. In December, the company mined a paltry 147 BTC, a decrease of 25% from last month.Peter Wall, CEO of Argo Blockchain,…
Coincover raises about $30 million in funding for crypto safety
During a financing round that Foundation Capital headed, the cryptocurrency security business Coincover received $30 million in funding, aimed at bettering its crypto safety mission. DRW Venture Capital, Valor Equity…
Robinhood Crypto Revenue Falls About 25%
Despite a minor overall increase in net revenue and a stellar EBITDA, the trading platform’s crypto revenues have tanked substantially.Robinhood recently announced its FY2022 Q4 results, laying out the profits…
$9.6 Million Worth of Bitcoin Moved From Satoshi Era Bitcoin Address After 11 Years
Satoshi-era Bitcoin address moves more than $9.6M worth of BTC from the wallet.This kind of windfall is rarely seen for coins that have been dormant for a long time.A Satoshi-era…
Kraken Accept to pay SEC $30M Charges & Shut Down its Staking Service for US Market.
Kraken was fined $30 million by the SEC. Kraken entities agreed to end its on-chain staking services. Following the regulator’s probe into Kraken, the crypto exchange had agreed to settle…
Crypto Exchanges may have no bitcoin on their platform in two years time
Bitcoin amounting to 1 million has been withdrawn from exchanges from its March 2020 peak. The amount came down from 3.2 million to 2.2 million, about 11.7% of the circulating…
Local Bitcoins end operations after 10 years of P2P trading
After a decade of providing bitcoin trading and wallet services, LocalBitcoins has announced its shutdown. LocalBitcoins, the well-known peer-to-peer bitcoin trading platform, has declared the end of its services after…
Rihanna’s Popular Song BBHMM Being Released as NFT
BBHMM is being released as an NFT by the song’s co-producer, Deputy.The total number of NFTs in the collection is 300.Three of Rihanna’s hits, including “B*TCH Better Have My Money,”…