An investigation into a €100 billion scam reportedly led French police to raid five large banks, according to a report from Deutsche Welle (DW) on Tuesday. The investigation was also linked to a possible money laundering case that involved the governments of Germany and France. The searches have been conducted
March 29, 2023 1 min read
Bankrupt cryptocurrency lender Voyager Digital had its $1.3 billion asset sale to Binance U.S. put on hold by a federal court on Monday, March 27. This comes on the heels of a lawsuit filed against Binance and its founder CZ by the Commodity Futures Trading Commission (CFTC) for violating federal
March 28, 2023 2 mins read
Recently, interest in the metaverse seems to be waning. According to Google Trends, which measures changes in search interest over time. The term’s popularity peaked around the time when Facebook’s future was dependent on creating an immersive 3D environment. And the firm selected Meta as its new corporate identity. Search
March 28, 2023 2 mins read
According to reports, Terraform Labs co-founder and defendant Do Kwon will file an appeal against the court’s decision to prolong his custody by up to a month in Montenegro. The 31-year-old developer apparently went into hiding for a while when the project’s native token, LUNA, and its algorithmic stablecoin, UST,
March 27, 2023 2 mins read
Bitget, the world’s biggest cryptocurrency copy trading platform, has announced a strategic alliance with Space and Time (SxT), a pioneer in decentralized data warehousing. With a verifiably tamper-proof audit trail of data and computation, the cooperation will allow Bitget to provide consumers with an unmatched level of transparency in exchange
March 27, 2023 2 mins read
Fujitsu, a major Japanese technology company, has applied for a trademark with the US Patent and Trademark Office (USPTO). Indicating its intention to provide cryptocurrency trading brokerage services, among other crypto and non-crypto financial facilities. According to the March 16 trademark application submitted by Fujitsu. The company is seeking registration
March 26, 2023 1 min read
After the recent airdrop, the price of Arbitrum’s native ARB was highly volatile, eventually settling within the top 40 most valuable cryptocurrencies. After the project released the much-anticipated token to users of the Ethereum scaling network, as of this writing CMC ranked it as the 37th biggest digital asset by
March 26, 2023 1 min read
Recently, attorneys for FTX Group and Modulo Capital revealed their desire to settle out of court, thus wiping away 99% of the VC firms’ books. Today, FTX announced plans to sell its ownership in Mysten Labs back to Mysten in an effort to raise as much money as possible. Unlike
March 25, 2023 1 min read
The U.S. Department of Justice is reportedly looking into whether or not top bankers helped Russian billionaires circumvent sanctions against their nation. Credit Suisse Group AG and UBS Group AG are allegedly two of the institutions under scrutiny. According to Bloomberg, the United States government has subpoenaed a number of
March 24, 2023 1 min read
El Salvador is obviously focused on technological improvements as the rest of the globe contends with banking and other economic issues. Consequently, President Nayib Bukele intends to do away with all taxation related to technological development. Income, property, and capital gains taxes, as well as tariffs on imported goods on
March 24, 2023 1 min read
