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Binance Responds to the Next CEO Rumors, Says Its Media Speculation

Recent reports from Bloomberg have generated speculation regarding the potential appointment of Richard Teng as the CEO of the global crypto exchange Binance. Richard Teng, who has recently been appointed as the regional head for all Binance markets outside the United States, has seen his name linked to the CEO

June 5, 2023 1 min read

JPMorgan Collaborates With Indian Banks to Incorporate Blockchain

In order to settle interbank dollar transactions, American multinational financial behemoth JPMorgan Chase & Co. has teamed with six Indian banks to build a blockchain-based platform. The move is part of the Indian government’s strategy to elevate GIFT City, the Gujarat International Finance Tec-City, to a level where it can

June 5, 2023 2 mins read

Polygon Joins Taurus for Revolutionary Tokenized Asset Trading

In a pioneering stride for blockchain infrastructure, Taurus, the European digital asset titan, has integrated its system with Polygon, the Ethereum layer 2 networks. This ground-breaking move is poised to revamp the digital financial sphere, enabling financial institutions and corporate entities to issue tokenized assets more efficiently. Unleashing the Power

June 3, 2023 2 mins read

Sui Network Partners With Formula One Team Red Bull Racing

The Formula One racing team Oracle Red Bull Racing has formed a cooperation with layer-1 blockchain protocol Sui Network. As stated in the press release, Sui Network has been selected as the team’s blockchain partner and will be collaborating with the organization to create innovative digital content for the group’s

June 1, 2023 1 min read

Impossible Cloud Launches Partner Program to Help Resellers and Others Capitalize on Web3

 Partner-Friendly Program Eases Collaboration and Integration of S3-Compatible Enterprise-Grade Cloud Solutions Built on Web3 Technology Award-Winning Solutions Provider Comet Backup Is Inaugural Partner, Joined by Acronis HAMBURG, Germany–(BUSINESS WIRE)–#Acronis—Impossible Cloud, the revolutionary cloud platform that offers decentralized, multi-service cloud solutions, today announced the launch of its Partner Program designed to

June 1, 2023 5 mins read

Blockchain Analytic Firm Nansen Announces 30% Layoff

The Nansen Research team that analyses blockchain data is being reduced in size by 30%. In the last year, layoffs have affected almost every crypto company. As a result of this recent action, Nansen has joined the ranks of other businesses that have reduced headcount as a result of the

June 1, 2023 2 mins read

MetaZone Secures Funding to Expand the World’s First Tokenized App Platform for the Metaverse

Singapore, Singapore, May 30th, 2023, Chainwire MetaZone announced today the completion of its US$3 million seed round co-led by metaverse industry leaders, Sfermion and CMT Digital, to expand their tokenized app platform pioneering the META, (Metaverse Enabled Tokenized Application). Top web3 funds Tess Ventures, IOSG Ventures,IVC (Infinity Ventures Crypto), Polygon

May 30, 2023 4 mins read

Do Kwon Hires Services of Prominent Law Firm Dentons for U.S Lawsuit

Reportedly facing indictment and investigation by US federal authorities, Terra co-founder Do Kwon has retained the services of one the biggest legal firm in the world, Dentons. Do Kwon has been represented by Dentons before. Many times he sought legal counsel from Dentons to fight subpoenas and lawsuits. The bail

May 29, 2023 2 mins read

Binance Assigns Richard Teng to Oversee Regional Markets Outside U.S

Richard Teng has been given responsibility for all regional markets outside of the United States at Binance, the biggest cryptocurrency exchange in the world by trading volume. Authorities in the United States have been looking into Binance for some time. Richard Teng, who took over as CEO of Singapore for

May 29, 2023 1 min read