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Chinese Blockchain Platform Aims to Connect Stablecoins and CBDCs Globally like SWIFT

Chinese blockchain company Red Date Technology has launched the Universal Digital Payment Network (UDPN), a digital payments system aimed at connecting stablecoins and Central Bank

January 23, 2023
Ripple CEO Brad Garlinghouse

Ripple Scam Spread through Hacked Twitter Account of American TV Sports Channel

The official Twitter account of GOL TV, an American TV sports channel, has been hacked and used to promote an XRP scam. This is a

January 23, 2023
FlintWallet is a feature-rich Cardano-based wallet

Cardano Wallet Gives Users Access to Milkomeda

FlintWallet, a feature-rich Cardano-based wallet, has recently released its 2.0 version, bringing a major advancement to its platform. The new update introduces support for Milkomeda

January 23, 2023
MatchboxDAO launches new app

MatchBoxDAO launches esports platform targeted at Web3 developers

MatchBoxDAO has launched MatchBox Arena, an esports experience for Web3 developers. The tournament, called “0xMonaco: Battle of Titans,” will bring together developers from top Web3

January 21, 2023
Farmington State Bank, known as Moonstone Bank

Moonstone Bank to Abandon Crypto, Focus on Local Banking Services

Farmington State Bank, also known as Moonstone Bank, has announced that it will no longer pursue a business model focused on developing banking services for

January 20, 2023
Fantom blockchain

Fantom launches Ecosystem Vault, a decentralized funding mechanism

Layer 1 blockchain platform Fantom has unveiled a new decentralized funding mechanism to finance blockchain projects through a community-driven governance process. The mechanism, known as

January 20, 2023
The Slamdance Film Festival embraces blockchain

Sundance embraces blockchain technology for film projects

The Sundance Film Festival has embraced the use of blockchain technology in the film industry. This year, the Slamdance Film Festival, an Oscar-accredited festival for

January 20, 2023
The SEC has charged former FTX CEO Sam Bankman-Fried with defrauding

SEC Files Charges Against Sam Bankman-Fried for Fraudulent Use of Investor Funds

The SEC has charged former FTX CEO Sam Bankman-Fried with defrauding investors by misrepresenting the exchange’s risk management mechanisms and diverting customer funds to his

January 20, 2023
Nexo to Pay $45 Million Fine and Exit Crypto Lending Space Following SEC Settlement

Nexo Agrees to $45 Million Penalty and Terminates Crypto Lending Services in SEC Settlement

Nexo Capital, a crypto lending firm, has agreed to pay a $45 million penalty and cease its crypto lending product “Earn Interest” after being charged

January 20, 2023
Ex-FTX Top Lawyer Accuses US Counsel of Directing Business to Sullivan & Cromwell

Former FTX Legal Head Claims US Legal Team Funneled Business to S&C

Daniel Friedberg, a former chief lawyer for FTX, has accused the company’s U.S. general counsel of channeling business to Sullivan & Cromwell (S&C), the firm

January 20, 2023
Cryptocurrency exchange FTX

FTX’s Attempt to Revive Platform May be Doomed by User Distrust, Experts Predict

Cryptocurrency exchange FTX has faced skepticism from industry commentators over its plan to reboot the platform. The exchange filed for bankruptcy in November following accusations

January 20, 2023
New FTX CEO John Ray

FTX’s John Ray Weighs the Possibility of Reviving a Previously Failed Crypto Exchange

FTX, a cryptocurrency exchange, is exploring options to revive its international trading platform, FTX.com, according to CEO John J. Ray III. The exchange filed for

January 20, 2023
Polygon Labs

Polygon and BitGo Unite After Difficult Hardfork Upgrade

Polygon, a blockchain network, has partnered with BitGo, a crypto custody provider, to allow ERC-20 MATIC holders to stake their coins and earn rewards. BitGo

January 20, 2023
Crypto lender Genesis has filed for Chapter 11 bankruptcy

Genesis, a crypto lending firm, files for Chapter 11

Cryptocurrency lender Genesis has filed for Chapter 11 bankruptcy in the Southern District of New York with estimated liabilities of $1 billion to $10 billion

January 20, 2023
JPMorgan CEO Jamie Dimon

Jamie Dimon, JPMorgan CEO, Calls Bitcoin ‘a Fraud’ and ‘a Pet Rock

JPMorgan CEO Jamie Dimon has continued to express his disapproval of Bitcoin and other cryptocurrencies, comparing it to a “decentralized Ponzi scheme” and a “pet

January 19, 2023
Stargate Finance partners with Metis, a layer 2 scaling solution for cross-layer messaging

Stargate Finance integrates with Metis L2 Scaling to improve cross-layer messaging

Stargate Finance, an open-source protocol for interoperable cross-chain data, is integrating with Metis, a layer-2 scaling solution for cross-layer messaging. This integration will allow Stargate

January 19, 2023
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