Hedge fund Galois Close Shop as 50% of its assets are stuck on FTX
Kevin Zhou, Galois’s co-founder, claims the fund is no longer functional and has stopped all trading as it is not viable post-FTX. After half of its assets were stuck on…
Illinois’s State Bill Threatens the Key Features of Blockchain
Sen. Peters introduced a bill under the Digital Property Protection and Law Enforcement Act.The defaulters of the law will face a civil penalty of up to $10,000.In the State of…
Tough Times As Chinese Tech Company Tencent Sack 300 Staff.
Tencent has scrapped developing a specialized metaverse ring controller.The company’s interest in the field was reignited in 2021.Tencent one of the largest Chinese tech firms has laid off around 300…
Ukraine Prepones Pilot Launch of Digital Hryvnia To 2023
When the pilot phase was first proposed, it was set to begin in 2024. The Stellar Development Foundation was selected as a partner by the ministry. Mykhailo Fedorov, the minister…
Solana Is Now Bullish With New Updates Coming Up
Solana (SOL) recorded a 310% increase in its 24-hour trading volume.L1 blockchain Helium Network will migrate to Solana on March 27.After a deep bearish trough since the start of February,…
FlokiFi Locker Exceeds $31.5 Million in Total Value Locked.
FlokiFi Locker surpassed $31.5 million in TTVL.Floki is currently trading around $0.00004807.The FlokiFi Locker has now surpassed $31.5 million in Total Value Locked (TVL), showing the continued growth in popularity…
San Francisco. Federal Reserve is hiring a developer to build a CBDC system
The Federal Reserve (FED) of San Francisco is looking to hire a senior application developer to develop novel systems related to central bank digital currency (CBDC), per a job posting…
Japan To Launch CBDC Testing Program
supposedly start its CBDC experiments this spring.The central bank of Japan will reportedly start testing the employment of a digital yen in April this year. The institution has previously said…
FTX in Japan to Likely Resume Withdrawals.
Customers were asked to verify their account balances before withdrawals could be made. FTX Japan filed a strategy for resuming user withdrawals in December 2022. The Japanese branch of the…
Koinbazar To Have New Look As Its Rebranding as KoinBX
Koinbazar plans to rebrand its project as KoinBX on Feb 19. No changes will be made to users existing account.Global crypto exchange Koinbazar plans to rebrand its project as KoinBX…