Business

Nomura subsidiary secures VASP license from Dubai’s digital asset regulator
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9 August, 2023

Nomura subsidiary secures VASP license from Dubai’s digital asset regulator

Dubai's VARA has granted Nomura-backed Laser Digital a VASP permit, allowing it to expand the scope of its offering to...
Shanghai rolls out implementation plan for blockchain integration by 2025
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9 August, 2023

Shanghai rolls out implementation plan for blockchain integration by 2025

Shanghai announces plans to integrate blockchain technology into its digital economy through implementation strategy, Web3 deployment, and the potential of...
New York couple pleads guilty to the $4.5B Bitfinex hack
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8 August, 2023

New York couple pleads guilty to the $4.5B Bitfinex hack

Ilya Lichtenstein faces a maximum of 20 years behind bars for conspiracy to commit money laundering, while his wife faces...
HEX is dead—will it go down as the largest Ponzi scheme in digital currency history?
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8 August, 2023

HEX is dead—will it go down as the largest Ponzi scheme in digital currency history?

Richard Heart is getting a taste of justice as he faces charges tied to alleged sham offerings—actions that have been...
AI investment to hit $200B by 2025, with US the runaway leader: Goldman Sachs
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8 August, 2023

AI investment to hit $200B by 2025, with US the runaway leader: Goldman Sachs

In its report, Goldman Sachs says AI could have a bigger impact on U.S. economy than electricity and PCs, but...
IRS: Staking rewards are taxable income
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8 August, 2023

IRS: Staking rewards are taxable income

Once an investor has dominion and control over the staking rewards, they become taxable income, says the IRS in latest...
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