Animoca Brands has scaled down its initial goal of $2 billion and will instead raise $1 billion for its metaverse investment fund in the first quarter of this year. Chairman Yat Siu of Animoca Brands told Bloomberg in a Twitter Spaces conversation: “We had initially looked at a target of
On Friday, the Securities and Exchange Commission (SEC) of the Philippines issued a notice against the use of unlicensed cryptocurrency exchanges. SEC strongly cautioned and recommended the public not interact with unregistered and unregulated cryptocurrency exchanges, That are accessible and presumed to be functioning in the Philippines, according to a
Binance has gone a long way since its launch in 2017. By weathering the storm of the bear market and other turbulence, Binance has shown itself to be among the most durable of the bunch. The whole cryptocurrency industry had a rough 2022. The industry has seen it all, from
Solona blockchain native token SOL fell by 15% on Thursday after Ethereum developer Vitalik Buterin tweeted support for the blockchain, which has been negatively affected by the collapse of FTX. According to CMC statistics, SOL has risen from its low of $8.19 on Thursday to $9.50. However, the token is
Web3 Trends & Opportunities ─ The Web3 Transformation: What Awaits Us in the Future? To end 2022 with a bang, Coinlive hosted its very own, as well as its very first grand-scale summit, at Suntec Convention & Exhibition Centre on 22 December. The full-day event featured keynote speeches by industry
Despite the bleak crypto market environment and the collapse of FTX, the government of Japan has agreed to make listings by cryptocurrency exchange in the nation simpler. Japan is relaxing its strict crypto laws even as the ripple effects of FTX’s downfall are still being felt across the industry and
Sam Bankman-Fried ‘SBF’ is scheduled to enter a plea next week in response to charges that he defrauded investors and misappropriated billions of dollars from users at his bankrupt FTX crypto exchange. It’s been just 6 days since the former CEO was freed on a $250 million bond. According to
DUBLIN–(BUSINESS WIRE)–The “North America Blockchain and Cryptocurrency Market 2022” report has been added to ResearchAndMarkets.com’s offering. This publication summarizes the trends and developments within the market. The publication also reveals that the number of adults owning and using cryptocurrency in the U.S., is forecasted to double by 2023. Cryptocurrency is
The Ex-Boss of FTX Sam Bankman-Fried just received $250 million bail last week and is under house arrest. On Friday, he met famed American author and financial journalist Michael Lewis, author of “The Big Short” and “Moneyball,” and spent several hours inside his residence. According to The New York Post,
Even though Bitcoin has suffered a severe sell-off this year, legendary investor Bill Miller remains positive about the cryptocurrency. The Baltimore investment firm became a household name because it consistently beat the S&P 500 from 1991 through 2005. After that, he took on the role of chairman and chief investment
