Latest Articles
Elon Musk Claims Twitter Legal Team Told Him He Violated NDA
By Darya Rudz
• 3 mins read
Currently, Musk’s acquisition of Twitter is “temporarily on hold” as the billionaire is still waiting for the accurate number of spam accounts to see if it is really less than 5 % as the social media company claims.
The Chainsmokers Giving Away Streaming Royalties from New Album via NFT Drop
By Darya Rudz
• 3 mins read
The album will be released on May 13. The NFT drop will take place on May 17. After the initial drop, users will be able to transfer and sell their tokens like most NFT products.
Brazil’s Brokerage Giant XP to Launch Crypto Trading Platform
By Darya Rudz
• 3 mins read
XTAGE will go live at the end of June. Initially, XP will launch crypto trading services only for Bitcoin. Customers will have a wallet that is capable of holding their BTC, however, the ability to transfer funds to a different wallet will not be included at launch.
FTX US Exchange Applies for Trust Charter in New York
By Darya Rudz
• 3 mins read
FTX US revealed its application for a trust charter along with announcing the appointment of a new Chief Compliance Officer (CCO). Marissa MacDonald, experienced compliance professional from Fidelity Investments Inc, will be in charge of the licensed trust.
Germany Publishes First Nationwide Crypto Tax Guide
By Darya Rudz
• 3 mins read
Along with crypto tax guidance, Germany is now also working on a supplementary document that will address the cooperation between the federal states and their commitments to the subject.
KuCoin Raises $150M in Pre-Series B Funding Round at $10B Valuation
By Darya Rudz
• 3 mins read
The proceeds from the pre-Series B round will go to fund expanding KuCoin’s reach beyond centralized trading. KuCoin wants to focus on Web 3, crypto wallets, GameFi, DeFi, and NFT platforms.
Madonna Partners with Beeple to Launch Her First NFT
By Darya Rudz
• 3 mins read
All the proceeds from the “Mother of Creation” collection will go for charity donations to The Voices of Children Foundation, The City of Joy, and Black Mama’s Bail Out organizations.
Citi Trader’s Error Leads to $315 Billion Flash Crash in Europe Stocks
By Darya Rudz
• 3 mins read
As trading operations will continue in the Nordic markets, there is a risk of monetary and reputational damage to Citi. Currently, Citigroup is in talks with regulators and exchanges about the incident.
Riot Blockchain to Expand Its Bitcoin Mining Capacity in Texas by 1 GW
By Darya Rudz
• 3 mins read
To complete the expansion, Riot plans to get support from its strategic partner Priority Power, a Bitcoin mining energy services leader.
UAE’s Real Estate Giant Damac Properties to Add Crypto as Payment Option
By Darya Rudz
• 3 mins read
In addition to adding support for crypto payments, Damac Properties will invest as much as 367 million UAE dirhams ($100 million) in its new Metaverse project that aims to build virtual cities.