Singapore’s central bank slugs Three Arrows founders with 9-year ban
Three Arrows Capital founders Kyle Davies and Zhu Su are barred from regulated activities or…
Trending Crypto news
Meta ‘ruined’ the term metaverse, but now it’s evolving: Yuga Labs CEO
While Meta’s Horizon Worlds is suffering from a low user base, metaverse platforms have focused…
How OKX convinced F1 star Daniel Ricciardo it’s safe to promote crypto
Australian F1 driver Daniel Ricciardo said it took him a while to get comfortable with…
Shrapnel Web3 shooter won’t let US users cash out, thanks to Gensler
As soon as a gamer cashes out an in-game asset, they realize monetary value, which…
Adobe, IBM, Nvidia join US President Biden’s efforts to prevent AI misuse
Adobe, IBM, Nvidia and five other companies have joined the initiative, unveiled in July, aimed…
PayPal PYUSD stablecoin is 100% backed: Paxos transparency report
The total assets held in PayPal USD custody “meet or exceed the token balance,” with…
SWIFT enrolls 3 central banks in CBDC interoperability beta test, expands sandbox
The bank messaging network has seen a dramatic increase in processing speed and is developing…
Ripple says security incident accelerated its acquisition of Fortress Trust
A multimillion-dollar security breach involving a third-party vendor hastened Ripple’s acquisition of Fortress Trust on…
EU parliament votes overwhelmingly in support of DAC8 crypto tax reporting rule
The measure received 535 votes for with 57 against and 60 abstentions in a plenary…
Grammy CEO clarifies AI Drake song ineligible for award over copyright issues
The Record Academy executive clearly stated that the track is “not eligible” and cited that…
Alibaba launches its ChatGPT-like AI model for public use amid loosening restrictions in China
The launch comes just weeks after Chinese authorities began accepting applications for public-facing AI systems….
Court approves sale of FTX digital assets
Assets will be sold off weekly, with special handling for BTC, ETH and “insider-affiliated tokens.”…
Paxos confirms it’s responsible for $500K mistaken Bitcoin transaction
The account that paid $500,000 to move $2,000 worth of Bitcoin was a Paxos server,…
Google to allow NFT game ads, metaverse ‘hot’ in Asia: Nifty Newsletter
Google will allow NFT game advertisements that do not have any gambling or gambling services…
Cosmos Hub upgrades to offer liquid staking
The upgrade introduces a liquid staking module, eliminating a 21-day locking period applied for unstaked…
