For the upcoming National Cricket Team’s sponsorship, the Board of Control for Cricket in India (BCCI) has banned certain platforms for its lead. Such platforms include cryptocurrency, betting platforms, tobacco, real-money gaming, and other alcohol brands. For a couple of years, the BCCI has barred crypto sponsorships. Back in 2021,
The Russian firm NEXO, with headquarters in Sofia, is the subject of a massive international operation for suspected fraud, sanctions violations, and money laundering. Reports indicate that prosecutors from the national security and DANS, with the assistance of foreign operatives, are conducting a raid on Nexo headquarters in the Bulgarian
The business examines and modifies worldwide personnel every quarter. The corporation said that it intended to utilize the raised funds for future growth. Amber Group, a blockchain firm, plans to let off between 5 and 10 percent of its employees this year. From about 200 to 300 before the 2021
MAS demanded that crypto platforms provide information about their operations. Information on the most staked tokens on DeFi be made available was demanded. Regulators have chosen to examine more closely at the cryptocurrency industry in light of recent developments like the increasing adoption of cryptocurrencies and the subsequent market collapse.
The Indian finance minister suggested against using cryptocurrency. The law enforcement organization blocked the assets of two crypto exchanges. At a BJP Economic Cell event on Saturday, Nirmala Sitharaman, the Indian Finance Minister, reportedly issued a warning about cryptocurrencies. New cryptocurrency regulation is on the way, the finance minister reportedly
Due to cash flow problems, the company temporarily halted withdrawals. High Court’s Justice Aedit Abdullah has put a hold on any further legal action. Several cryptocurrency ventures failed because of the weak market and the demise of Terra. Even while some investors had begun leaving the sector when Bitcoin’s price
The CryptoPunk collection has sold 1279 ETH, or around $2.16 million in last 24 hours. CryptoPunks are a collection of 10,000 images tokenized as NFTs. According to CryptoSlam statistics, the volume of CryptoPunks NFT sales has increased by over 248% in the previous 24 hours as a result of a
F1 teams asked to remove crypto ads, and decals for the French Grand Prix. All teams adhere to the regulations of France. Crypto.com , the global F1 partner, also refrains from using their name in the French Grand Prix. With the start of the French Grand Prix, numerous Formula 1
Overexposure to Terra, staked Ethereum, and Grayscale’s Bitcoin trust are blamed. Zhu said that when it came to Terra, he originally saw no warning signs. A Bloomberg interview with Su Zhu and Kyle Davies, the two co-founders of the recently collapsed crypto hedge firm Three Arrows Capital (3AC), has broken
Around $21 billion has flowed out of active equities in the last decade for BlackRock. BlackRock’s customers withdrew more than $20B during the first half of the year. There has been a direct and indirect impact on the financial environment due to geopolitical and macroeconomic upheaval. Of course, crypto firms
