Business

South Korea invests $51M into metaverse projects
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12 March, 2023

South Korea invests $51M into metaverse projects

South Korea's Ministry of Science earmarked funds will be used to prop up 13 new projects leveraging virtual worlds in...
China’s parliament member calls for NFT regulations at ‘Two Sessions’
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12 March, 2023

China’s parliament member calls for NFT regulations at ‘Two Sessions’

Feng Qiya, a member of parliament, says that the deliberations will cut through technological and regulatory aspects to unify China’s...
New York’s KuCoin lawsuit calls ETH a ‘speculative’ security
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11 March, 2023

New York’s KuCoin lawsuit calls ETH a ‘speculative’ security

New York’s Attorney General is accusing the KuCoin digital asset exchange of violating state laws on selling unregistered securities, specifically...
Silicon Valley Bank follows Silvergate into the abyss—what comes next?
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11 March, 2023

Silicon Valley Bank follows Silvergate into the abyss—what comes next?

The Silicon Valley Bank will now need assistance from the Federal Deposit Insurance Corp. to have any hope of making...
AirBit Club execs plead guilty to fraud charges, face 20 years in prison
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11 March, 2023

AirBit Club execs plead guilty to fraud charges, face 20 years in prison

Victims saw the red flag in the operation of AirBit Club after all attempts to withdraw their funds failed, cementing...
Thailand to waive up to $1B in taxes for investment tokens: report
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11 March, 2023

Thailand to waive up to $1B in taxes for investment tokens: report

Thailand has become a digital asset hub, and in order to promote this growth, the government will waive VAT and...
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