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FTX bankruptcy proceedings reveal over $5 billion in assets to repay creditors

Cryptocurrency exchange FTX has recovered more than $5 billion in cash, liquid cryptocurrencies and securities, a lawyer for the bankrupt company founded by Sam...

Bulgarian authorities raid cryptocurrency lending platform Nexo on suspicions of illegal activity

Bulgarian prosecutors have raided the offices of the popular cryptocurrency lending platform Nexo in the country's capital, Sofia, as part of a preliminary investigation...

Paxful shuts down El Salvador operations amid bear market and potential legislative issues

The cryptocurrency exchange platform Paxful fired all its employees in El Salvador, marking the end of its physical presence in that country. However, being...

Ethereum staking protocols see significant gains as Shanghai upgrade approaches

As the time approaches when unstaking (withdrawal of ETH staked in Ethereum) will be possible with the completion of the Shanghai upgrade, the tokens...

Brazil’s CBDC to be built on blockchain inspired by Ethereum network

Fabio Araujo, director of the Central Bank of Brazil and leader of the Digital Brazilian Real project (Brazil's CBDC version), said that the new...

Coinbase Fires 18% of its workforce (950 jobs)

Cryptocurrency exchange Coinbase Global has announced that it will reduce its workforce by around 950 employees as part of a restructuring plan.As Reuters reports,...

Polygon and Mastercard collaboration for artists on Web3

Payments giant Mastercard has partnered with Polygon, a Level-2 scaling platform built on Ethereum, to introduce emerging artists to Web3 technology.Mastercard's program is called...

What Is The Shibarium that promises to pump up Shiba Inu (SHIB)

SHIBA INU, one of the largest altcoin projects in the cryptocurrency market, with a loyal community of token holders, SHIB, continues to grow (collections...

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22 firms now oppose OKXICE tokenized stock venue

Six more firms including Wells Fargo, Cisco, and Marvell have objected to trading their shares on OKXICE TSV, bringing...

TeraWulf CEO counters Musk’s stranded compute claim

TeraWulf CEO Paul Prager pushed back on Elon Musk's warning of "stranded compute" in half-built data centersPrager said TeraWulf...

Digital euro pilot to give EU payments sovereignty

European Central Bank Executive Board member Piero Cipollone stated the digital euro pilot, scheduled for next year, could provide...

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