Industry
Naira no longer redesigned: President's directive rejected by Nigeria's Supreme Court
In 2020, the Central Bank of the Bahamas became the first bank in the world to offer a central bank-issued CBDC (Sand Dollar) to all residents of the island nation.Herman HayesHermès Asks Court to Stop Selling MetaBirkin NFT After Recent Jury Decision
French luxury fashion house Hermès International has asked a Manhattan federal court to prevent artist Mason Rothschild from marketing or owning his "MetaBirkin" non-fungible tokenHerman HayesAlameda Research Files Lawsuit Against Grayscale Over 'Self-Enforced Redemption Injunction'
Alameda Research announced on March 6 that it has filed a lawsuit against Grayscale Investments in the Delaware Chancery Court.Herman HayesCoinbase CEO Hints Its New Layer 2 Network May Include Anti-Money Laundering Measures
Coinbase CEO Brian Armstrong has hinted that the company's new layer 2 blockchain network Base may be subject to transaction monitoring and anti-money laundering measures at launch.Seth RowdenSEC Charges Utah Firm With 'Fraudulent' $18M Cryptocurrency Mining Scheme
Utah-based Green United LLC supplied software and crypto mining equipment as part of an $18 million "fraudulent scheme" that never mined what it claimed would, according to the U.S. Securities and Exchange Commission (SEC).Seth RowdenTeraWulf goes nuclear: 8,000 rigs at Nautilus mining facility
US-based bitcoin mining company TeraWulf has launched a new cryptocurrency mining facility in Pennsylvania running entirely on nuclear power generated on-site.Seth RowdenOrdinals Creator Slams Yuga Labs for 'Degenerate' Bitcoin NFT Auction
Many were excited when Yuga Labs announced its first NFT collection of ordinals last month, but the exact nature of its auction process has proven highly controversial.Seth RowdenMetaMask's Token Might Not Be What You Expect
Airdrops have certainly changed the course of many blockchain-based projects and the companies behind them.Seth RowdenDOJ seeks to shrink Sam Bankman-Fried's bail, use only flip phones
The U.S. Department of Justice has proposed new bail conditions for former FTX CEO Sam Bankman-Fried (SBF), according to a March 3 court filing.Seth RowdenForget Time-Consuming DeFi Practices - Simple Automated Farming Solutions
The explosive growth of the decentralized finance (DeFi) world in 2020 has brought a wealth of new opportunities,Seth RowdenRipple CEO Says America Falls Behind Other Countries in Crypto Adoption
Ripple CEO Brad Garlinghouse believes that the U.S. has fallen behind other countries in the crypto space due to regulatory uncertainty.Seth RowdenCourt Dismisses Tax Fraud Charges Against Michael Saylor's MicroStrategy
The District of Columbia Superior Court has dismissed a civil lawsuit against U.S. business intelligence firm MicroStrategy,Seth RowdenDespite Crypto Bear Market, Revolut's Revenue to Grow 33% in 2022
Revolut, the London-based fintech that allows cryptocurrency transactions, will see its revenue soar 33% in 2022, the company's chief financial officer said.Seth RowdenForget Bitcoin, Coinbase CEO Advocates for a US-Backed Stablecoin
It's really hard being a crypto executive in a post-FTX world.Seth RowdenCan OpenSea succeed in regaining dominance again?
Blur has managed to capture a large portion of OpenSea's market share. But will it last?Seth RowdenConsenSys zkEVM set up for public testnet to provide secure settlement on Ethereum
ConsenSys has announced that it will release its zero-knowledge Ethereum Virtual Machine (zkEVM) rollup to a public testnet on March 28,Herman HayesUniswap wants to launch a mobile wallet, but Apple won't approve it
Uniswap Labs has announced plans to release a new self-custodial mobile wallet that will provide users with the ability to swap on layer 1 or layer 2Herman HayesCoinbase Announces Acquisition of One River Digital Asset Management
U.S.-based cryptocurrency exchange Coinbase has acquired cryptocurrency-focused hedge fund One River Digital Asset Management, or ORDAM.Herman HayesBinance USD Market Cap Drops Below $10B as Regulatory Concerns Mount
Binance USD Market capitalization fell below $10 billion for the first time in nearly two years amid a U.S. regulatory crackdown on its token issuersHerman HayesCelsius Custody Customers Finally Begin Withdrawing After 263-Day Freeze
Several Celsius customers reported being able to withdraw funds from the bankrupt cryptocurrency firm for the first time,Herman Hayes
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