Changpeng “CZ” Zhao, the CEO of Binance, suggests that Web3 adoption is inevitable, even if it is slow at first. CZ recently tweeted that 43 out of the top 100 global brands have already “tippy-toed” into the world of Web3. 43 out of 100 top global brands has already tippy toed into web3, in loyalty […]

2022 saw many crypto-assets lose value, prompting investors to pull their money from the market. During turbulent times, inflows plummeted massively. According to the latest report by CoinShares, the digital asset inflow was recorded at $433 million, the lowest in four years. The last time figures were hovering near the current level was in 2018, […]

Analysts mirror the development of the market in 2023 in line with the current status and future landmark activities. The SEC v Ripple case, stablecoin, DeFi regulations, and demystification of the FTX saga, among others, are pivotal in swinging the pendulum. Network upgrades on Ethereum, Solana and other blockchains rolled out this year will also […]

The report emphasized the need for four technological enablers for the Metaverse. The metaverse may host more than half of all live events. While enthusiasm for new crypto sub-ecosystems like NFTs was dampened by the 2022 bear market. The Metaverse is still set up for long-term upheaval. McKinsey & Company estimates that the metaverse might […]

Santiment analyst Clementllk opined that CAKE’s price was approaching a good buying opportunity. An assessment of the altcoin on a daily chart revealed growing accumulation.  In a 7 January report by Santiment, pseudonymous analyst Clementllk, in an assessment of PancakeSwap’s CAKE token, revealed that the altcoin reached a technical price pattern. This pattern historically indicated […]

Following accusations from Gemini co-founder Cameron Winklevoss in an open letter to Digital Currency Group CEO Barry Silbert, a report citing “people familiar with the matter” states that federal prosecutors from New York are scrutinizing transfers between Digital Currency Group and its subsidiary, Genesis Global Capital. Report Claims Digital Currency Group, Genesis Global Capital Allegedly […]

Analysts mirror the development of the market in 2023 in line with the current status and future landmark activities. The SEC v Ripple case, stablecoin, DeFi regulations, and demystification of the FTX saga, among others, are pivotal in swinging the pendulum. Network upgrades on Ethereum, Solana and other blockchains rolled out this year will also […]

Payments will now begin on March 10th, two months later than originally planned. Mark Karpeles announced the deadline extension in a Telegram chat message. The first payback instalment from Mt. Gox has been postponed by two months, from July 31 to September 30 per a notice from the creditors. Payments will now begin on March […]

The Manhattan US Attorney’s Office has created a task force to recover losses linked to the collapse of FTX.  The move comes as embattled FTX co-founder and CEO pleaded not guilty to several counts of fraud.  Analysts laud the creation of the task force and call for a renewed push against activities of bad actors […]

Following the decision of the Digital Currency Group (DCG) to shut down its wealth management unit, United States authorities are now reportedly investigating the company’s internal financial transfers.