FIDE Forays Into Web3
The International Chess Federation (FIDE), the sport’s governing body, announced on 23rd Dec that it is partnering with the Avalanche blockchain to bring...
Spain Grants ¢8 Mn For Video Game, Metaverse
The Spanish Ministry of Culture has decided to invest 8 million euros in the development of video games and metaverse experiences, recognising the...
Mahindra Test Drives XUV400 Into Metaverse
Mahindra has unveiled XUV400verse, a virtual world metaverse platform powered by Metadome.ai for Mahindra’s all-electric XUV400. The platform will function as a universe,...
FTX Seeks Court Help In Robinhood Ownership
FTX sought a U.S. bankruptcy court’s help amid a battle over ownership of about $450 million worth of stock in Robinhood Markets, according...
FTX Strengthens Case To Ban Crypto Exchange
The Securities and Exchange Commission (SEC) appears to be compiling legal ammunition to take on the beating heart of the global crypto economy:...
SBF Will Spend Christmas At Home
Ex-FTX CEO Sam Bankman-Fried will get to spend Christmas with his family, after a federal judge approved a historic $250 million bond at...
Creditors Present Gemini’s Resolution Plan
A creditor committee, which includes cryptocurrency exchange Gemini, has presented a plan to resolve the “liquidity issues” that have bedeviled Genesis and its...
Crypto Platform Paxful Drops ETH
Paxful, a peer-to-peer cryptocurrency marketplace, has removed Ether, the native token of Ethereum, from its marketplace, citing a number of concerns about the...
UK Advt Regulator Flags Crypto.com’s NFT Promotion
On December 21, the Advertising Standards Authority (ASA), the UK’s advertising regulator, banned Crypto.com’s NFT promotion. According to the press release, ASA flagged...
Superhero Cans Merger With Swyftx
With more regulators eyeing the crypto space as the FTX debacle continues, the $1.5 billion merger of Superhero, an Australian online investing platform,...
Latest News
Polymarket Targets $20B Valuation With Reported $1B Fundraising Plans
As it apparently looks into a new $1 billion investment round, Polymarket aims for a $20 billion valuation. According to Bloomberg, the...
Bybit Wins Austria EMI License, Expands Regulated Crypto & Payment Services Across Europe
The Financial Market Authority (FMA) of Austria has granted Bybit Payments GmbH an Electronic Money Institution (EMI) license. Bybit can now provide...
Wells Fargo To Launch 24/7 Tokenized Deposits
Wells Fargo, a major player on Wall Street, has revealed plans to use tokenized deposits, which would allow money to be settled...
BitGo Switches WBTC Cross-chain Infrastructure To Chainlink
Crypto infrastructure firm BitGo (BTGO) is set to replace LayerZero with Chainlink as the exclusive cross-chain provider for wrapped bitcoin (WBTC). The...
