Yuga Labs, the masterminds behind the incredibly popular Bored Ape Yacht Club, have recently unveiled a groundbreaking initiative that is set to redefine the company’s future trajectory. The brainchild of co-founder and current CEO Greg Solano, “The Workshop” is a new division within Yuga Labs that is poised to drive innovation and bring forth a
A recent incident involving a London resident has brought to light the risks associated with operating Bitcoin ATMs without proper registration. Habibur Rahman, a 37-year-old man from East Ham, is facing charges for running a Bitcoin ATM without the necessary authorization from the Financial Conduct Authority (FCA). This case is significant as it represents the
Bitcoin, a decentralized digital currency, has been a hot topic of discussion in recent years. With its inception in 2009, Bitcoin has revolutionized the way we perceive traditional currencies. Many financial experts have scrutinized its resilience and stability, especially during times of economic turmoil. Peter Diamandis, the founder of X Prize and Singularity University, recently
The payments industry has experienced significant growth over the last five decades, becoming one of the largest and fastest-growing sectors globally. Despite this growth, the sector still relies on outdated technology that is over 50 years old. This outdated technology becomes increasingly inefficient as time passes, presenting a significant challenge for the industry to overcome.
Semilore Faleti is a prominent figure in the field of cryptocurrency journalism, with a strong focus on content creation and reporting. His journey in the world of digital assets began with a diverse range of writing subjects, but he eventually delved deep into the complexities of blockchain technology and cryptocurrency. Semilore is a firm believer
John is an enthusiastic and dedicated writer who has found his niche in the world of cryptocurrency. Despite not initially planning to delve into the digital asset industry, he has been captivated by it for over two years now. His passion for this field shines through in the unique and insightful pieces he produces, focusing
In an exciting development for football fans, NFL Rivals, the official mobile game licensed by the National Football League (NFL) and the NFL Players Association, has recently announced a new partnership with the Kansas City Chiefs. This collaboration comes on the heels of the Chiefs’ victory in Super Bowl LVIII, setting the stage for an
Pavel Durov, the CEO of Telegram, has recently been released from prison but placed under judicial supervision with several conditions. He is required to deposit a €5 million bond and is prohibited from leaving French territory. Additionally, Durov must report to the police station twice a week as part of his bond agreement. The Paris
The recent Wells notice issued by the U.S. SEC to OpenSea has raised concerns about the regulation of digital assets, particularly non-fungible tokens (NFTs). The SEC’s allegation that some NFTs traded on the platform may be considered unregistered securities has put OpenSea in the regulatory spotlight. This development has sparked discussions about the potential consequences
In a surprising turn of events, former FTX executive Ryan Salame has decided to withdraw his petition to dismiss the indictment against Michelle Bond. This decision comes just days before a critical court hearing and signifies a significant shift in the legal proceedings surrounding the case. Salame’s legal team, in a letter dated August 29,
Congressman Wiley Nickel from North Carolina has recently taken a stand against the US Securities and Exchange Commission (SEC) for their “regulation by enforcement” approach. He believes that this method is damaging trust in the regulatory system and could potentially hinder digital innovation in the country. Nickel has been a strong advocate for the crypto
In a recent announcement, Japan’s Minister of Economy, Trade, and Industry, Takeru Saito, unveiled tax reforms aimed at fostering the growth of startups in the Web3 and blockchain sectors. This move signifies Japan’s strong support for innovation in the Web3 space. The reforms were presented at the WebX Conference, Tokyo’s premier event dedicated to cryptocurrencies,
The recent collaboration between Crypto.com, a prominent cryptocurrency exchange based in Singapore, and Standard Chartered, a multinational banking institution, has sent shockwaves through the crypto industry. This partnership aims to provide retail users worldwide with access to fiat services, specifically enabling the deposits and withdrawals of the United States dollar (USD), the euro (EUR), and
The latest report by TRM Labs has highlighted a concerning trend in the crypto industry – the prevalence of illicit activity at crypto ATMs. According to the report, these cash-to-crypto services have processed over $160 million in illicit volumes since 2019, with a significant proportion of transactions in 2023 alone being linked to fraudulent activities.