News

Hong Kong lawmaker wants to convert its planned CBDC to stablecoin
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12 January, 2023

Hong Kong lawmaker wants to convert its planned CBDC to stablecoin

The wider virtual currency ecosystem could gain from converting the planned CBDC to a stablecoin, according to Wu Jeizhuang, member...
Animoca Brands slashes anticipated Web3 fund to $1 billion: report
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12 January, 2023

Animoca Brands slashes anticipated Web3 fund to $1 billion: report

The current amount raided is a far cry from the announcement in 2022 in which Animoca Brands noted that it...
Brunei’s national police shuts down 2 illegal block reward mining operations
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12 January, 2023

Brunei’s national police shuts down 2 illegal block reward mining operations

Law enforcement confirmed that block reward mining rigs and machines were discovered at the two locations, and both used illegal...
CFTC takes Mango Markets manipulator to court
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11 January, 2023

CFTC takes Mango Markets manipulator to court

Avraham Eisenberg is facing court charges over his alleged "blatant manipulation" of spot prices and swaps that drained $110 million...
Coinbase cuts another 20% of workforce and warns of up to $500M in losses
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11 January, 2023

Coinbase cuts another 20% of workforce and warns of up to $500M in losses

The cuts amount to 950 people, on top of the 1,100 Coinbase cut back in June; its CEO Brian Armstrong...
Gemini seeks ‘unfit’ Barry Silbert’s ouster as Digital Currency Group CEO
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11 January, 2023

Gemini seeks ‘unfit’ Barry Silbert’s ouster as Digital Currency Group CEO

Cameron Winklevoss says some 340,000 Gemini Earn users have been “defrauded” by DCG subsidiary Genesis Global Capital and, by extension,...
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