News

South Korea: FSS probe into banks finds $3.1B digital assets linked to forex transactions
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30 July, 2022

South Korea: FSS probe into banks finds $3.1B digital assets linked to forex transactions

The Financial Supervisory Service has discovered KRW1.6 trillion ($1.2 billion) of forex transactions at five Woori Bank branches. Another KRW2.5...
Philippines: DICT commits to work in line with PBBM’s digital transformation plan
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30 July, 2022

Philippines: DICT commits to work in line with PBBM’s digital transformation plan

DICT Secretary Ivan John Uy stated that the department has vowed to implement projects and programs that align with the...
UK Law Commission recommends updating law on digital assets
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29 July, 2022

UK Law Commission recommends updating law on digital assets

The proposed reforms by the U.K.'s Law Commission aim to enable a wider range of people, groups, and companies to...
Three Arrows Capital and the war against Bitcoin
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29 July, 2022

Three Arrows Capital and the war against Bitcoin

The protracted collapse of Three Arrows Capital (3AC) is being treated a sign of great sickness within the digital asset...
I crashed Mining Disrupt 2022
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29 July, 2022

I crashed Mining Disrupt 2022

Hashing for subsidies has been extremely profitable, and the continual arms race in hashing has led to levels of efficiency...
Meta’s profit slides due to big bet on proprietary metaverse
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29 July, 2022

Meta’s profit slides due to big bet on proprietary metaverse

Meta, formerly Facebook, reported its first ever revenue decline in Q2, while profits tumbled by more than one-third as its...