Chipper Cash Valuation crash to $1.25B as they sack workers
Chipper Cash has also laid off as many as 50 workers.The $35 million investment from FTX is reportedly the cause of the fintech’s value decline.The valuation of Chipper Cash, one…
Record volume of cryptos was withdrawn from crypto exchanges by Traders
Traders rush for exits alarmed at safety of their assets after FTX filed for bankruptcy Sam Bankman-Fried admitted to poor internal controls at FTX © BloombergInvestors are pulling record levels…
Polygon team up With Music Warner Music to work on NFT and Music
Polygon, Warner Music, and LGND have all made public statements about their plans.CEO Ryan Wyatt thinks his company can be a leader in the Web3 music revolution. Polygon has announced…
Former FTX CEO SBF Trade Blows with Zhu Su Over Alleged Media Control
SBF and Zhu Su trade blows over alleged media control. Zhu Su – one of the co-founders of the collapsed cryptocurrency hedge fund Three Arrows Capital – is firing shots…
UK Proposes Reforms Including Tax Liabilities For Cryptocurrency Assets
The Treasury will create a financial market infrastructure sandpit in the next year. The government would prioritize the revision of EU regulations for the five growth sectors.The government of the…
NFT Marketplace giant OpenSea Revises Creator Royalty Fee Stance
OpenSea detailed a number of changes it has made to its own approach to NFT royalties. The marketplace said that it would delay the enforcement deadline for creator royalties.OpenSea, the…
Crypto.com Releases Proof of Reserves Attested by Mazars Group
It is now possible for consumers to confirm that their crypto assets are completely backed (1:1) on Crypto.com’s platform, which is trusted by more than 70 million clients worldwide and…
Lawsuit Filed Alleging Yuga Labs of Promoting BAYC NFTs With Celebs
A lawsuit was filed in the Central District of California of the United States District Court. It describes an extensive claimed plan, hatched by the elite of Hollywood. Celebrities like…
Starbucks Launch Beta Version of Odyssey on Polygon
Starbucks has launched the beta version of Web3’s Odyssey Loyalty Program.Odyssey members can enjoy the web3 experience powered by the polygon.Starbucks has launched the beta test of its highly anticipated…
U.S Fed Investigate Sam Bankman-Fried Over Terra Luna Collapse
Sam Bankman-Fried is being investigated by U.S. Federal prosecutors and SEC.Alameda Research may be more responsible for a significant portion of UST sell orders.An unexpected turn was revealed in Sam…