South Korea Takes Tough Stance on Crypto Regulation
The South Korean Ministry of Justice has placed the establishment of a Virtual Currency Tracking System high on its priority list for 2023. This system...
Author : Mridul Srivastava
NFT Collector Sues OpenSea Following a Phishing Scam
In a move that has shocked the NFT world, Robbie Acres, an avid NFT collector, has taken legal action against OpenSea NFT Marketplace for keeping...
Amid Challenging Market Conditions, CoinTracker Cuts around 20% of its Workforce
CoinTracker, a cryptocurrency tax reporting platform, has recently come under fire after The Block reported that they had fired 20% of employees via internal emails....
Bitcoin Drops for the Second Consecutive Day in 2023
After a significant drop in 2022, the biggest cryptocurrency in the world, Bitcoin, enjoyed an incredible start to 2023. With 15 straight days of gains,...
Tesla took a $34 Million Impairment Charge on its Bitcoin Holdings in Q4 of 2022: Reports
According to data from the EV maker’s most recent earnings report, Tesla incurred a $34 million impairment charge on its bitcoin holdings in the most...
Now Experience Cryptocurrency Safely with New York’s Friendly Guidance on Custodial Structures!
The New York Department of Financial Services (DFS) issued non-binding yet persuasive guidance on January 23, 2023, to safeguard virtual currency customers in the event...
8-10 Years Until Mass Adoption of Metaverse: Nasscom’s Forecast!
The Nasscom report has stated that while the large-scale acceptance of the metaverse may take 8 to 10 years to achieve, there is already a...
Microsoft Layoffs Reportedly Hit Key VR and Metaverse Teams
According to sources, key groups for Microsoft’s virtual reality (VR) initiatives and the metaverse have been affected by the most recent round of layoffs. Microsoft...
The Porsche NFT Collection struggles to get traction as Mint Ramps Up
Porsche, a German car manufacturer, recently launched a collection of non-fungible tokens (NFTs) that pay tribute to their popular 911 sports car. The collection, which...
Chinese Blockchain Firm Announces Cross-Border CBDC Payment System
A new digital payment system has been launched by a Hong Kong-based blockchain business Red Date technology with the goal of bridging the stablecoin and...