On Wednesday, SEC Chairman Gary Gensler participated in a Twitter spaces conversation held by the United States Army. Where he offered some tips on investing in cryptocurrencies. Gensler warned that most cryptocurrencies “are not complying with securities laws, but they should be.” Describing crypto as a “highly speculative, volatile asset
January 15, 2023 1 min read
Because of the general uptick in the cryptocurrency market, the price of GALA has increased by 20% in the last day. Both its trading volume and its price have increased by double digit percentages during the last week. But the constant stream of Gala Games news is directly responsible for
January 14, 2023 1 min read
SkyBridge Capital founder Anthony Scaramucci has said that his firm may repurchase the majority share it sold to the defunct cryptocurrency exchange FTX in the coming months. He also made claims of fraud on the part of the platform and its previous CEO, Sam Bankman-Fried (SBF). Scaramucci recently expressed optimism
January 14, 2023 2 mins read
Adding to a terrible week of carnage throughout the shattered cryptocurrency sector, cryptocurrency brokerage Blockchain.com said it is laying off 28% of its staff, or around 110 people. About 150 employees lost their jobs in July as Blockchain.com dealt with a $270 million blow on loans it made to failing
January 13, 2023 1 min read
Polygon Labs looks to be pressing through with plans to hard-fork the network early next week. According to a blog post published on Polygon’s website on Thursday. Despite a vigorous community discussion over the topic last month. Moreover, Polygon Labs said in its post that the hard fork, scheduled for
January 13, 2023 2 mins read
According to Cimu Games, it is re-releasing its million-copy-selling game Runestone Keeper utilizing web3 game production tools from Ready Games. A first for web3 gaming, the web3-enabled beta version of the game, which took up the Best Gameplay prize at the 2014 Unity Awards, will debut in late Q1 on PC,
January 12, 2023 2 mins read
BlackRock, which manages $10 trillion in assets, is dismissing up to 500 people in a first wave of layoffs since 2019. Even with the layoffs, the company’s worldwide staff of around 18,000 individuals is still very modest. CEO of BlackRock, Larry Fink, wrote a note to workers today announcing the
January 12, 2023 1 min read
An early-stage accelerator programme called Beacon with an emphasis on web3 recently launched its first batch. On Tuesday, at a demo day, the teams from the first cohort, referred to as Cohort 0, presented their concepts. Even though it’s only the second week of 2023, startups are already starting demo
January 11, 2023 8 mins read
In light of the “constantly changing regulatory landscape” for crypto assets in Australia. Cryptocurrency exchange Swyftx has decided to end trading its crypto-interest product this week. Beginning at midnight on January 10 (local time), all remaining Earn balances will be restored to users’ trade wallets, and the cryptocurrency exchange will
January 9, 2023 1 min read
Modibbo R. Hamman Tukur, the Director of the Nigerian Financial Intelligence Unit (NFIU), has announced that, as of March 1, government employees in Nigeria would no longer be able to withdraw cash from government accounts. According to reports, the new law applies to officials at all levels of government and
January 9, 2023 1 min read
