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    Blockchain

    Sega Admits Crypto Games ‘Aren’t Fun to Play’ – Could Other Gaming Firms Follow Suit?

    A top executive at the gaming giant Sega says “play to earn crypto games” are “no fun” to play, and could reel in its blockchain gaming ambitions.

    DCG Dismisses Gemini Lawsuit As “Publicity Stunt” By Winklevoss

    Digital Currency Group responded to the lawsuit filed by Gemini alleging it defrauded its creditors by calling it a “publicity stunt” by Cameron Winklevoss. 

    South Korean Regulator Will Force Staff to Declare Crypto – Will Other Countries Follow Suit?

    The top South Korean financial regulator will force its employees to declare their crypto holdings in the aftermath of the “Coin Gate” scandal.

    Bakkt Targets Hong Kong, UK, and EU for International Crypto Expansion

    Regulatory uncertainty in the US is driving digital assets platform Bakkt to expand internationally to Hong Kong, the United Kingdom, and the European Union, CEO Gavin Michael noted.

    Winklevoss’ Gemini Sues DCG and Barry Silbert For Fraud

    Winklevoss twins led crypto exchange Gemini has filed a lawsuit against the conglomerate Digital Currency Group (DCG) and its CEO Barry Silbert for allegedly defrauding creditors. 

    Ethereum Founder Vitalik Buterin Credits Ordinals NFTs for Reviving a «Builder Culture» on Bitcoin

    Ethereum co-founder Vitalik Buterin has shared insights regarding new developments on the Bitcoin blockchain. 

    Crypto Executives Stay Positive Amidst VC Funding Slump

    Executives in the crypto industry are still positive about the sector’s long-term prospects despite a slump in venture capital funding.

    Kraken Co-Founder Jesse Powell Faces Federal Investigation: Allegations of Hacking and Cyberstalking Non-Profit

    Jesse Powell, the co-founder and former CEO of Kraken, a prominent cryptocurrency exchange, has become the subject of a federal investigation into allegations of hacking and cyberstalking involving a non-profit organization. 

    Decentralized Social Media Protocol DeSo Offers $1 Million to Develop Blockchain-Based Reddit Alternative

    DeSo, a decentralized social media system leveraging blockchain, has announced a $1 million bounty to spur the creation of a Reddit competitor built on the platform’s native blockchain technology.

    Tom Brady and Other Celebrities Navigate Through Crypto Crash

    Even as the crypto market returns to form, celebrities are still feeling the sting of manifold industry disasters and frauds last year that they unwittingly helped promote. 

    Russian Ministry Proposes ‘Crypto Ban’ – But Miners & Stablecoin Issuers May Be Safe

    The Russian finance ministry has reportedly proposed banning the circulation of crypto in the nation, but wants to make exceptions for stablecoin issuers and crypto miners.

    Florida’s Financial Regulator Accuse Bittrex Exchange for Violating Several State Laws Before Filing for Bankruptcy

    Bittrex cryptocurrency exchange which filed for Chapter 11 bankruptcy on May 8 in the US state of Delaware, is now accused of violating several laws in the state of Florida.

    Former FTX US CEO New Venture: Architect – AI-Based Trading Platform for Crypto

    The former President of the now defunct FTX.US is starting another crypto trading platform – and he plans to imbue it with artificial intelligence (AI).

    The EU’s Leaked Metaverse Strategy Proposes Global Regulatory Governance Rules

    The race to build the perfect virtual ecosystem, popularly termed the metaverse is taking shape with huge technology-driven companies at the fore. 

    Bankrupt Lending Firm Celsius Moves $70 Million in Altcoins to Swap for Bitcoin and Ether

    Celsius Network, the bankrupt crypto lending firm, has made its first swap converting its altcoin holdings into Bitcoin (BTC) and Ether (ETH), a week after receiving a court order to liquidate its altcoin assets.

    USDC-Issuer Circle Looking to Launch Stablecoin in Japan

    The firm behind USDC stablecoin, Circle, is looking to launch a stablecoin in Japan under new regulations that came into effect last month.