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Record volume of cryptos was withdrawn from crypto exchanges by Traders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…
Brussels to draft Tough Tax Reforms For Crypto Sector
All crypto service providers will be subject to the reporting obligations. The proposal will be presented to the EU Council for review. Countries across the globe are stepping up regulations…
New FIFA World Cup 2022 Licensed Meta verse Game Launched
Reality+ and OTZ Sports have collaborated to release the Web3 game. Two of the eight on-field zones appear on the first match card free to the participant. Powered by its…
Sam Bankman-Fried Accept to Testify Before House Committee Next Week
Sam Bankman-Fried, founder and former CEO of FTX, has eventually agreed to participate in the upcoming U.S. House committee’s hearing and testify on the collapse of his crypto empire. In…
Bitso Exchange incorporated Chat Remittance Services in Mexico
Bitso has partnered with remittance service Felix Pago to allow crypto-powered transfers. Felix Pago is a supplier of “chat remittance technology.”As time goes on, Ripple’s On-Demand Liquidity (ODL) is becoming…
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…
Paraguayan Crypto Law Suspended After shaky Support
Proponents couldn’t muster the support they needed to overturn the veto. MPs questioned the veto, arguing that the cryptocurrency problem needs further research.After failing to get enough traction in the…
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…
Microsoft Warns of New Threats Crypto Scammers Are Getting More Creative
The threat actor appears to be well-versed in the inner workings of the crypto industry. Microsoft revealed that malicious entities are getting more sophisticated by the day. According to a…