Canadian Regulators Oppose Algorithmic Stablecoins
The Canadian Securities Administrators (CSA), comprising securities regulators from the ten provinces in the country, have released a long list of requirements for crypto firms...
Friendsies NFT Holders Calls Project Rug Pull After Creators Fail to Deliver on Promises
Friendsies, an Ethereum-based NFT project run by the art company, FriendsWithYou, revealed on Wednesday that it would stop working on the project for the time...
BIS Report Claims Most Bitcoin Retailer Investors Have Lost Money Since 2021
Bank for International Settlements (BIS) released a report on Monday suggesting that most retail investors who purchased Bitcoin after 2021 have probably lost funds. The...
New YouTube Boss is Bullish on Web3 Technology Like Metaverse
Following Susan Wojcicki's resignation as the YouTube CEO, Neal Mohan was appointed to the position last week, having served as the firm's Chief Product Officer...
This Week in Crypto – Most Top Coins Raise by Double-Digit Percentages
Last week, the crypto market saw its first red week of the year thanks to US regulators' crackdown on several firms. However, this week most...
OpenSea Temporarily Eliminates Trading Fees as Competitor Blur Rises
In the wake of rising competition from Blur, famous NFT marketplace OpenSea revealed on Saturday that it would not apply its 2.5% trading fees on...
El Salvador Establishing a Bitcoin Embassy in the US
The crypto-friendly country El Salvador is pursuing the US markets to establish a Bitcoin Embassy in Texas. The Salvadoran US ambassador Milena Mayorga posted on...
Investors Sue Paradigm, Thoma Bravo, and Sequoia for Promoting FTX
Investors of FTX, a now-bankrupt exchange, have recently taken legal actions against equity firms and venture capitalists that funded the exchange, citing that they falsely...
Blur Urges NFT Creators to Block Their Collections From Trading on OpenSea
A war has erupted between two top NFT marketplaces following Blur's announcement on Wednesday that it will begin enforcing creator royalties for NFT collection that...
UK Regulator Goes After Unlicensed Crypto ATMs
The United Kingdom's Financial Conduct Authority (FCA) has announced plans to crack down on crypto ATMs that are not registered. The authority says it recently...