UK Banks Risk Losing Licenses for Debanking Customers Over Political Views and Crypto Usage
Political Views and Banking Licenses The British government is reportedly set to introduce tighter conditions on banking permits that could potentially lead to banks having their license revoked if they…
Solana Records 100% Uptime in Q2 of 2023: What’s the Latest on Blockchain and Web 3.0?
Blockchain and Web 3.0: Solana’s Uptime and Reliability The Solana Foundation has released its latest performance report, showing that the Layer-1 blockchain network has improved its reliability and uptime so…
US Senate DeFi Bill Criticised by Coin Center and Blockchain Association
Crypto Industry Advocacy Bodies Speak Out Against CANSEE Bill Crypto advocacy groups such as Coin Center and the Blockchain Association have expressed their disapproval of the Crypto-Asset National Security Enhancement…
Crypto Collapse: Stablecoin Dominance Slides to Near 2-Year Lows
Stablecoin Market Cap Hits Lowest Level Since August 2021 Cryptocurrency analytics platform CCData released a report on July 20, which revealed that the market capitalization of stablecoins has hit the…
US House Republican Committees Introduce Bill on Digital Assets
Digital Assets Regulatory Framework Republican members of the Agriculture and Financial Services Committees of the United States House have recently introduced a bill to create a regulatory framework for digital…
FTX Takes Legal Action Over Investments and Donations to Life Sciences Companies
Web 3.0 Investments and Crypto Recovery FTX is still striving to regain customer funds. Alameda Research and FTX filed a lawsuit on July 19, seeking the return of $71.6 million…
Thodex CEO Sentenced to Prison for Not Submitting Crypto Tax Documents
Crypto Exchange Founder Receives Prison Sentence Faruk Fatih Özer, the founder and former CEO of Thodex, was detained in Türkiye three months ago and has since been handed a prison…
Bankrupt Celsius to Spend $24M from GK8 Sale on Legal Expenses Related to Crypto
Celsius Network’s Debtors Reach Settlement The debtors of the bankrupt cryptocurrency lending firm Celsius have requested the court to grant relief in the motion related to the distribution of funds…
Marathon Shareholders Sue Company’s Top Management Over Crypto Investments
The Allegations Against Marathon Digital Executives United States-based crypto mining company Marathon Digital is facing a lawsuit from its shareholders, who allege that its CEO Fred Thiel, along with other…
AI and Crypto Strategies Keep EU on Top of Web3
The European Union has been vocal about its place in the rapidly expanding ecosystem of emerging technologies, such as soundhound AI, AI articles, AI reporter, etc. It has been a…