Mon, October 5

Celsius Network Receives Several Possible Bidders for Its Assets

Celsius Network, the bankrupt crypto lending company, has attracted 30 possible bids for its different assets, including its retail platform and mining businesses. According to a company presentation filed on Tuesday, more than 125 parties have approached since September. Also, 30 prospective bidders have signed non-disclosure agreements. As per Celsius,

December 21, 2022 1 min read

Bitcoin Miner Greenidge Approaches NYDIG to Restructure $74M Debt

Though the year 2022 is nearing its end, the aftermath is ought to be seen throughout the year 2022. The American Bitcoin (BTC) mining firm Greenidge, seems to be the latest tragic firm to nearly shut down itself, filing bankruptcy in the year 2022.  Ever since Greenidge started off their

December 20, 2022 2 mins read

The Metaverse Has To Innovate If We Are Going to See Mass Adoption

If 2021 was all about NFT technologies, 2022 was about the Metaverse. We’ve never had so much news, media attention, and new projects launching into the space. While interest was certainly piqued for the public, private publications have continued to focus on this new digital world. Yet, despite the attention,

December 20, 2022 3 mins read

Musk’s Twitter Will Only Allow Blue Members to Vote on Policies

Twitter Inc. will limit voting on significant policy decisions to paying Twitter Blue customers, according to Elon Musk, in one of his first tweets following a poll asking for his resignation. The billionaire leader had earlier asked Twitter users if they thought he should stand down and promised to put all

December 20, 2022 2 mins read

Russia Aims to Enable Cryptocurrency for International Payments

The Bank of Russia intends to evaluate the use case of cryptocurrency for international payments within the regulatory sandbox framework. Olga Skorobogatova, the first Deputy Chairperson of the central bank stated this on Monday as per Tass. Skorobogatova stated that  “They are currently preparing to test the use of cryptocurrency

December 20, 2022 1 min read

NC Global Media Pulled off its Neo Blockchain Meetup NC BlockFiesta

Dubai-based blockchain media and marketing agency NC Global Media’s “NC BlockFiesta” succeeded in amplifying a zestful blockchain wave in Chennai on Saturday. The event hosted more than 100 attendees including dynamic figures of the industry and the curious web3 community in the city at Flame Le Club, Le Meridien.  Significantly,

December 20, 2022 3 mins read

Looking Glass Labs & Cavrnus Partner on Unreal Engine-based Metaverse Development

Looking Glass Labs is looking to accelerate the development of its nascent Pocket Dimension metaverse after forging a strategic partnership with the Unreal Engine-focused metaverse development platform Cavrnus.  LGL is best known for its hugely successful GenZeroes NFT collection. GenZeroes is a thrilling Sci-Fi action series that’s powered by NFTs,

December 19, 2022 3 mins read

Howey Test Has Limits as per SEC Commissioner Hester Peirce

The Securities and Exchange Commission (SEC) uses the so-called Howey test to decide whether a digital asset should be classed as a security, although SEC Commissioner Hester Peirce has said that the test has limits. The standard is based on a 1946 Supreme Court ruling that established the conditions under

December 19, 2022 1 min read

Nigerian Government Proposes Legislation Regulating Cryptocurrencies

To keep up with global trends, the Nigerian government is expected to approve legislation regulating Bitcoin and other cryptocurrencies in the near future. On December 18th, Punch Newspapers, a leading publication in Nigeria. Published the article after interviewing House of Representatives Committee on Capital Markets Chairman Babangida Ibrahim. The local

December 19, 2022 1 min read

Edward Snowden Proposes To Be New Twitter CEO With Salary in Bitcoin

Edward Snowden, the NSA leaker, has shown interest in becoming Twitter’s CEO. The 39-year-old ex-NSA consultant said in a tweet today that he would accept payment in Bitcoin for the position. It was in reaction to Elon Musk’s statement that he need a CEO who could “keep Twitter alive.” All

December 19, 2022 2 mins read