Image Source: Telegraph India India’s central bank governor has once again expressed skepticism toward cryptocurrencies, saying these assets are “nothing but gambling” and asking for a blanket ban. Speaking at a Business Today event, Shaktikanta […]
Bitcoin’s mining difficulty printed a record increase on Jan. 15, 2023, rising 10.26% to 37.73 trillion at block height 772,128. The network’s difficulty is now at an all-time high. This means, on average, it takes […]
Key Takeaways Art Gobblers launched to much hype today. The free to mint Art Gobbler NFTs immediately traded for tens of thousands of dollars on secondary markets. The artwork will be revealed on November 1. […]
U.S. Congress’ “first ever” subcommittee on digital assets has been created as part of the House Financial Services Committee. “We want to create a regulatory legal framework for digital assets … that makes America a […]
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week. The DeFi ecosystem started 2023 on a bullish note, […]
The Ethereum scaling blockchain, Polygon, has revealed plans to initiate a hard fork on Jan. 17, 2023. According to the team, the network upgrade will “reduce the severity of gas spikes” and “address chain reorganizations […]
Abu Dhabi-based blockchain platform, Venom Foundation, and investment manager, Iceberg Capital, announced on Wednesday that they are partnering to launch a $1 billion venture fund for Web3, DeFi and GameFi. Web3, DeFi and GameFi Remain […]
The cross-border fraud network used call centres to defraud victims. The network operated in Germany, Serbia, Cyprus, and Bulgaria. 15 people connected to the network have been arrested so far. After the raid on Nexo’s […]
Of all the crypto bankruptcies over the past year, the FTX Chapter 11 proceeding is the only one that’s had a Department of Justice attorney assigned to represent the Internal Revenue Service. Deputy Attorney General […]
Top Stories This Week Sam Bankman-Fried: ‘I didn’t steal funds, and I certainly didn’t stash billions away.’ In a “pre-mortem overview” of FTX’s bankruptcy, Sam Bankman-Fried denied allegations of improper use of customer funds stored […]
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