Business

Digital currency payments firm Wyre to shut down its operations amid crypto winter
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7 January, 2023

Digital currency payments firm Wyre to shut down its operations amid crypto winter

Wyre's CEO confirmed that it would be ending operations before the end of January following a difficult macroeconomic conditions in...
Why a Fed pivot won’t save ‘crypto’
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6 January, 2023

Why a Fed pivot won’t save ‘crypto’

The Federal Reserve’s decision to raise interest rates is a reaction to the current market condition, which is facing headwinds,...
Celsius founder sued by NYAG as judge rules customer deposits belong to Celsius
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6 January, 2023

Celsius founder sued by NYAG as judge rules customer deposits belong to Celsius

Among Mashinsky's many sins, chief among them is his promise to prospective investors of high yields with minimal risk reassuring...
Irish privacy regulator fines Meta more than $400M over illegal ad practice
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6 January, 2023

Irish privacy regulator fines Meta more than $400M over illegal ad practice

The decision by Ireland's Data Privacy Commissioner (DPC) found that Meta had illegally forced users to accept personalized ads by...
HSBC, Fidelity wade into the metaverse with trademark applications
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6 January, 2023

HSBC, Fidelity wade into the metaverse with trademark applications

HSBC's trademark focuses on digital media backed by NFTs and virtual currency exchange and transfer, while Fidelity's applications are centered...
Final Fantasy creator Square Enix confirms major investment in blockchain gaming
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6 January, 2023

Final Fantasy creator Square Enix confirms major investment in blockchain gaming

Yosuke Matsuda, Square Enix president, wrote in his customary letter to shareholders that blockchain-backed game development will be the centerpiece...
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