FTX closes another $400M round at $32B valuation
Popular crypto derivatives exchange FTX has secured another $400 million in its Series C round to reach a $32 billion valuation. The fundraise just came days after its US subsidiary…
Binance suspends 281 Nigerian accounts to comply with AML measures
World’s largest crypto exchange by trading volume Binance has suspended more than 200 personal accounts of users residing in Nigeria to observe Anti-Money Laundering (AML) regulations, Reuters was… ] Go…
BitMEX gives out 1.5M native tokens via airdrop after Litepaper release
Major crypto exchange BitMEX has airdropped 1.5 million newly released BMEX tokens, a month after announcing its move to launch its own native token. Prior to the airdrop, the exchange…
Wonderland co-founder to abandon project after community voting
A sharply divided community voting is resulting in Decentralized Finance (DeFi) protocol Wonderland winding down after one of its founders was found out to be a serial scammer. Revealing the…
Japan’s Coincheck to develop metaverse city in The Sandbox
Japanese crypto exchange Coincheck announced Sunday that it has partnered with metaverse gaming project The Sandbox to develop a new metaverse city called ‘Oasis TOKYO’. The project will be built…
Gov. Polis of Colorado reiterates plans to accept tax payments in crypto
Governor of Colorado Jared Polis has reaffirmed his plans to offer state tax payments in cryptocurrencies even as the market continues to face downward pressure, financial news outlet Bloomberg… ]…
US Treasury to resume drafting pending regulation on crypto wallets: Report
On January 30, the US Department of Treasury listed two important crypto-related draft legislation under its ‘Semiannual Regulatory Agenda and annual regulatory plan’. Of the two proposed rules, the… ]…
Indonesia’s CoFTRA to allow trading of 229 cryptocurrencies: Report
Indonesia’s trading regulator, the Commodity Futures Trading Supervisory Agency (CoFTRA), has now allowed the trading and holding of more than 220 crypto assets in its country, just days after the……
The IMF Asks El Salvador to Reject Bitcoin Forever
The International Monetary Fund (IMF) is telling El Salvador to forget about bitcoin for good and to forgo any further plans involving the world’s number one digital currency by market…
Do People Like Eric Adams Regret Getting Into Crypto?
A lot of celebrities and politicians that have gotten into the crypto craze as of late are likely regretting their actions given that bitcoin and several other leading digital assets…