The US Securities and Exchange Commission (SEC) has paid a $45 million fine to Nexo Capital Inc. The SEC explained the reason for the fine in a tweet, Today we fill Nexo Capital Inc. for failing to register the offer…
According to a new court filing, unscrupulous FTX founder Sam Bankman-Fried (SBF) will face forfeiture of approximately $700 million in assets if he is convicted of fraud. In a court document filed on January 20, US federal prosecutor Damian Williams…
The FTX brouhaha continues and this time, not surprisingly, millions of dollars in cash and assets belonging to the former big boss of the crypto exchange have been confiscated by the United States authorities. Federal authorities have seized $ 150…
At popularity artificial intelligence applications have proliferated as popular platforms like SingularityNET and ChatGPT have gone mainstream. With Microsoft invest $10 billion in ChatGPT, we should expect AI applications to become more mainstream in the next few years. AGIX, the…
Crypto will play a “major role” in the United Arab Emirates’ global trade moving forward, said UAE minister of state for foreign trade Thani Al-Zeyoudi. Speaking to Bloomberg on January 20 in Davos Switzerland – where world leaders are currently…
Polygon has partnered with BitGo to provide MATIC-owned staking capabilities. Additionally, users can earn rewards by staking ERC-20 MATIC tokens. BitGo decided to support Polygon because of benefits like fast speed, low gas costs, higher security, and carbon neutrality commitment.…
Polkadot price has breached the $5 resistance mark in the past trading session. Over the last 24 hours, DOT is up 3.8%. The price of Bitcoin has risen, which has caused other altcoins to rise in their respective charts as…
Bitcoin mining network transaction power and BTC price. During the 2021 bull run, several mining operations are raising funds against Bitcoin ASIC and BTC reserves. Miners also preorder ASICs with huge premiums and some raise funds by doing IPOs. When…
Two of Genesis’ lending subsidiaries, Genesis Global Capital and Genesis Asia Pacific, have filed for Chapter 11 bankruptcy. According to the announcement, the company is aiming for “a global resolution to maximize value for all clients and stakeholders and strengthen…
For the first time, we’re seeing an individual US state (in this case, New Jersey) pursue NFT-specific regulation of adverse conditions. The state bill, titled the ‘Digital Asset and Blockchain Technology Act,’ has passed assembly and is headed to the…