US Prosecutors Accusing Do Kwon of Fraud
A court in the US has charged Terraform Labs chief executive Do Kwon for engaging in a fraudulent scheme. On March 23, Do Kwon was...
Crypto Exchange Ziglu Pursuing New Buyers Following Failure of Robinhood Acquisition Deal
The London-based crypto exchange Ziglu is seeking new buyers after the Robinhood acquisition deal failed to come to fruition. A March 23 report from Ziglu...
UAE Central Bank to Implement CBDC Strategy
On March 23, the United Arab Emirates apex bank penned a partnership agreement with the leading Abu Dhabi- based financial provider G42 Cloud and R3...
Nigeria CBDC Adoption Increases Following a Shortage in Fiat Currency
The decision made by Nigerian financial watchdogs to replace the old fiat currencies has increased the adoption of central bank digital currency eNaira. The global...
OneCoin Ex-Compliance Manager Facing 40 Years Imprisonment Over Crypto Fraud
A court in the United States accuses Irina Dilkinska, the former compliance manager at OneCoin, of engaging in fraudulent crypto activity. The March 21 court...
Magic Eden Launching NFT Marketplace for Bitcoin Ordinals
The leading Solana-based non fungible token (NFT) marketplace Magic Eden has revealed plans to support Bitcoin to maintain its current market position. On March 21,...
Circle Expands to France to Establish Headquarter in Paris
On March 21, the popular issuer of USD Coin (USDC) Circle Internet Financial Ltd. revealed plans to pursue the French market. According to the press...
SpankChain Shutting Down Crypto Payment Unit, Cites Ongoing Banking Crisis
The Venice-based adult entertainment company SpankChain has announced the closure of SpankPay. A report from the SpankChain team dated March 20 revealed that the ongoing...
ConsenSys Collaborating with MoonPay to Boost Crypto Transactions in Nigeria
On March 21, the leading crypto exchange in UK MoonPay, penned a partnership agreement with ConsenSys to pursue the Nigerian market. The team has planned...
Fed Collaborating with Central Banks to Improve Dollar Funding through Swap Lines
On March 19, the Fed announced plans to team up with five apex banks outside the US to develop strategies to maintain the dollar's value...