Business

Bitconnect promoter ordered to pay $17M to 800 fraud victims
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16 January, 2023

Bitconnect promoter ordered to pay $17M to 800 fraud victims

The DOJ's filings indicate that the project's founders diverted the funds and began operating a "textbook Ponzi scheme by paying...
Systemic risk and digital assets
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16 January, 2023

Systemic risk and digital assets

The impact of FTX's collapse may be largely restricted to the digital asset industry, but one effect the crisis had...
Crypto.com announces more layoffs as digital currency market rout continues
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16 January, 2023

Crypto.com announces more layoffs as digital currency market rout continues

Singapore-based Crypto.com announced that it would lay off 20% of its workforce, just days after Silicon Valley exchange Coinbase announced...
People’s Bank of China currency report now includes digital yuan
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16 January, 2023

People’s Bank of China currency report now includes digital yuan

Including digital yuan data in the final report is a clear statement of intent by the PBoC to move with...
UAE VC firms launch joint fund for Web3 ecosystem worth $1 billion
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16 January, 2023

UAE VC firms launch joint fund for Web3 ecosystem worth $1 billion

Venom Ventures Funds (VVF) describes itself as a “blockchain-agnostic” fund “determined to make a meaningful impact by leveraging its financial...
India’s CoinSwitch adds non-digital currency products amid stern tax policies
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15 January, 2023

India’s CoinSwitch adds non-digital currency products amid stern tax policies

The new products that will be offered by CoinSwitch include mutual funds, stocks, U.S. equities, exchange-traded funds (ETFs), and fixed...
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