Plaintiff Dallas Woody has filed a class action lawsuit against Coinbase in the United States District Court for failing to provide Songbird and Flare tokens to Coinbase clients. Supposedly, the cryptocurrency exchange openly consented to divide up the airdrop among XRP investors. The complaint said that it was filed on
January 17, 2023 2 mins read
Not a lot of progress was made in the metaverse in 2022. Many people have speculated that interest in the metaverse has peaked. However, at its height, major players in a wide range of ecosystems started actively seeking to trademark aspects of the metaverse. Unfortunately for the crypto market and
January 17, 2023 1 min read
Solana, whose value dropped by more than 80% in only one year, is enjoying a banner year in 2023. According to CMC, the price of SOL has increased by more than 58 percent in the previous week, bringing the total price increase for the month to more than $23.70. In
January 16, 2023 1 min read
With a slew of new digital asset rules slated to go into effect this year. Regulators in Hong Kong will soon select which crypto tokens its people may invest in. This is the most recent crypto regulatory action taken by Hong Kong, a market with deep roots in the trade
January 16, 2023 1 min read
Authorities in Europe have shut down a fraud network of call centers that preyed on people interested in investing significant sums of money in cryptocurrency scams. The facilities were located in Serbia, Bulgaria, Cyprus, and Germany. According to a news statement issued by Eurojust on Thursday, the network was responsible
January 15, 2023 1 min read
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
