Yuzo Kano, the co-founder of Japan-based cryptocurrency exchange bitFlyer, is seeking to reinstate himself as CEO in a shareholders meeting next month, in an apparent bid to reinvigorate what he claims is a…
India’s attempt to regulate cryptocurrencies has gained support from the International Monetary Fund (IMF) and the United States. Reuters reported that India, the current president of the Group of 20 (G20) bloc, gained crucial…
While FTX customers across the world patiently await Sam Bankman-Fried’s (SBF) legal conclusion in hopes of getting back their investments, users of FTX Japan have started withdrawing all of their funds. On Nov….
Polygon’s CEO, Sandeep Nailwal, recently made a bold prediction regarding the future of blockchain platforms, particularly Layer 1 technology. According to Nailwal, Layer 1 is where the future lies for blockchain, with Ethereum…
During the first G20 Finance Ministers and Central Bank Governors (FMCBG) meeting under India’s presidency, the members were invited to discuss key financial stability and regulatory priorities, among other policy approaches. India urged…
Once again, It’s been an eventful week for the blockchain and crypto ecosystem. Here are five Web3 projects with key updates. Web3 music streaming platform Audius announced on Thursday that it is adding…
Australian residents have been identified as one the primary targets of a sophisticated network of cryptocurrency call-center scammers — which are suspected to be run by Israel-based crime bosses. Evidence uncovered after a full-scale…
In a recent speech, Agustin Carstens, the head of the Bank for International Settlements, declared that cryptocurrency has “lost the battle” against fiat currency. But is it really game over for digital currencies,…
Blockchain Association’s chief legal officer says “it would be absurd” for a United States court to rule that digital assets on private blockchains are securities, following a federal judge’s decision to allow a…
Binance is introducing a new system to fix the commingling of B-Token collateral with customer funds. Following recent revelations that the exchange had mixed collateral backing the minting of its Binance-peg token with…
The United States Congress needs to take control of crypto legislation to make it a more “open process” where the entire marketplace is looked over “comprehensively,” suggests the chief of the prominent U.S….
Until the advent of cryptocurrencies, “cleaning” illicit funds was a much more complex process. In recent years, crypto money laundering has made it easier. Money laundering involves illegally converting proceeds from criminal activities…
Hong Kong’s ambition of becoming a cryptocurrency hub is reportedly seeing subtle support from the Chinese government, in what could be seen as a contrast to the mainland’s hard-line anti-crypto stance. In October…
FTX Japan will resume withdrawals at 12 p.m. Japan Standard Time on Feb. 21, 2023, as the exchange courts bids for its assets amid a drawn-out FTX bankruptcy battle. The exchange advised withdrawing…
According to on-chain data, daily transactions on Ethereum’s layer2 (L2) network Arbitrum touched a new all-time high of 690,000 on Feb. 17. However, its record is still behind its rival L2 network, Optimism….
Representatives for Voyager’s Unsecured Creditors have requested that former FTX CEO Sam Bankman-Fried (SBF) and a number of top-level executives from FTX and Alameda Research, provide documents and appear in court remotely next…