American entrepreneur Sam Bankman-Fried has failed to honor a loan agreement with BlockFi.
The CBDC program will help RBI to experiment with more features and applications of the digital rupee in future pilot programs.
In a fresh development, the total number of smart contracts running on Cardano Plutus has jumped by 300% year-to-date.
After failing to overcome “rapidly evolving” crypto-related challenges, Bitfront is shutting down its crypto operations on March 31st.
The overall market cap for fan tokens sporting players like Messi & Ronaldo jumped to $401 million at the World Cup’s opening weekend.
The compensation comprises cash payments associated with both pre-petition and post-petition durations, which is in consideration for payments of pre-petitions totals based on the orders of the bankruptcy court.
The FTX bankruptcy has surprised many investors with fears of possible unexpected centralized crypto exchange collapse.
According to Game7, most Web3 games are still in their infancy and cannot attract mainstream users due to their lack of sophistication.
As part of the settlement, the crypto exchange Kraken paid $362,000 to the US Treasury. It is also investing $100,000 for implementing additional sanctions compliance controls.
Block Inc has sued Bitcoin.com for using the trademarked word “Verse” for its native tokens and not removing it despite repeated warnings.
The top financial services provider has launched retail crypto trading accounts for some of its users.
BlockFi’s current situation is the latest example of a rocky season in the crypto space as many companies conduct major layoffs.
According to data from the UK police unit Action Fraud, about £226 million ($273 million) was lost in crypto fraud over the past year.
The Kiln staking platform plans to use the accrued funding to add new features to its products in order to serve more users in the industry.
With the collapse of crypto exchange FTX, founders of bankrupt 3AC and Celsius Network are taking the opportunity to throw the weight on Sam Bankman-Fried.