FTX EU Unveils Withdrawal Platform for Swift Repayment to European Users
FTX EU received regulatory approval from the Cyprus Securities and Exchange Commission (CySEC) in March 2022. This approval came just seven months before the parent...
CCP Games Generates $40 Million in Funding Round to Develop a Triple-A Blockchain Game
The Iceland-based blockchain gaming platform CCP games have raised $40 million in a funding round led by Andreessen Horowitz. The CCP team plans to utilize...
Switzerland Legislators Formulating Emergency Measures For UBS Acquisition of Credit Suisse
A report from the Switzerland financial watchdogs in collaboration with the Swiss National Bank (SNB) revealed that the impending acquisition of Credit Suisse by UBS...
Polygon Labs Partnering with Salesforce to Develop NFT Loyalty Program
The San Francisco-based software development company Salesforce has partnered with Polygon Labs to create an innovative NFT loyalty program. The new feature will strengthen the...
Ripple Partnering with Blockchain Founder Fund to Increase Web3 Adoption
The US-based crypto service provider Ripple has announced plans to support Blockchain Founders Fund (BFF) in transforming blockchain technology globally. An official announcement from the...
Former FTX Executive Predicts Fierce Competition between Banks and Crypto Firms Following the Silvergate Fallout
On March 14, Brett Harrison, a former FTX top executive, issued a report arguing that the fallout of the fast-growing global banks Silvergate Capital and...
Nigeria’s President-Elect Unveils Plans for Crypto-friendly Regulations
The President-elect has unveiled a proposal to revamp Nigeria's banking and finance sector by legitimizing cryptocurrencies and blockchain technology adoption. According to the manifesto, there...
Impact of Decentralization on Gaming and the Virtual World
During the initial stages of the internet's development, it comprised centralized systems and institutions that controlled data flow on the World Wide Web and how...
SBF’s Defense Request for an Extension
Attorneys representing Sam Bankman-Fried, the ex-CEO of FTX, have indicated that his upcoming trial may be postponed. Bankman-Fried's legal representatives stated that they require additional...
Metro Bank Increased Bad Loan Allocation by Over 70% in 2022
Metro Bank, a British lender, has raised its allocation for bad loans to over £40 million in 2022. It represents an increase of more than...