Business

Bank of America: Ethereum won’t remain dominant if it doesn’t scale
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2 August, 2022

Bank of America: Ethereum won’t remain dominant if it doesn’t scale

The BoA report recognizes that Ethereum is losing credibility, devs are leaving en masse, and it won't have a future...
CoinFLEX exchange cuts staff amid $84M margin call dispute with Roger Ver
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2 August, 2022

CoinFLEX exchange cuts staff amid $84M margin call dispute with Roger Ver

The cuts will reduce overheads by up to 60%, CoinFLEX says, further hinting at acquisition possibility even as its $84...
SEC calls Forsage a ‘fraudulent crypto pyramid and Ponzi scheme’
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2 August, 2022

SEC calls Forsage a ‘fraudulent crypto pyramid and Ponzi scheme’

U.S. securities regulators have charged 11 individuals for creating and promoting the “fraudulent crypto pyramid and Ponzi scheme” that is...
Dubai crown prince to head committee on metaverse
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2 August, 2022

Dubai crown prince to head committee on metaverse

The committee is mandated to design policies for the digital economy and future technologies, like the metaverse, AI, blockchain, Web3,...
US senator wants Google, Apple to provide digital asset scams data
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2 August, 2022

US senator wants Google, Apple to provide digital asset scams data

Senator Sherrod Brown has written letters to the CEOs of Google and Apple, requesting the companies respond to questions relating...
Singapore-based Zipmex exchange files moratorium on bankruptcy
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2 August, 2022

Singapore-based Zipmex exchange files moratorium on bankruptcy

Zipmex explains that the application does not imply the liquidation of any entities, but it helps protect the company against...