Business

MicroStrategy posts $1 billion loss in Q2 on bad BTC bet
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3 August, 2022

MicroStrategy posts $1 billion loss in Q2 on bad BTC bet

MicroStrategy also announced that Michael Saylor is giving up his CEO position to take up a new role as Executive...
Axie Infinity CEO moved AXS tokens before revealing $625M hack: report
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3 August, 2022

Axie Infinity CEO moved AXS tokens before revealing $625M hack: report

Founder Trung Nguyen moved 48,000 AXS tokens after the $600 million hack was discovered but before the company came clean,...
Philippines finance secretary urges BIR and BoC to embrace digitization
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3 August, 2022

Philippines finance secretary urges BIR and BoC to embrace digitization

Benjamin Diokno allayed the fears of citizens by stating that there would be no increase in taxes. Rather the agencies...
Singapore: Legal services can be offered in the metaverse, law ministry official says
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3 August, 2022

Singapore: Legal services can be offered in the metaverse, law ministry official says

Legal services such as marriage proceedings, court case disputes, and government services may one day be offered in the metaverse,...
UK gov’t accused of abandoning national detained in Saudi over North Korea digital currency conference links
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3 August, 2022

UK gov’t accused of abandoning national detained in Saudi over North Korea digital currency conference links

The U.K. national is detained in Saudi under the request of the U.S. government after they were identified as having...
BSV investors file £9.9 billion class action lawsuit against Binance, Bittylicious, Kraken and Shapeshift
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2 August, 2022

BSV investors file £9.9 billion class action lawsuit against Binance, Bittylicious, Kraken and Shapeshift

A £9.9 billion class action lawsuit has been filed against Binance, Bittylicious, Kraken and Shapeshift on behalf of BSV investors...
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