General News

Binance Charity Funds 30,650 Web3 Scholarships in 2023

Blockchain
Binance Charity, the philanthropic arm of Binance, has announced plans to fund 30,650 scholarships for students interested in pursuing a career in Web3 in...

Rajeev Chandrasekhar Says Crypto Is Fine if You Follow the Law

General News
Rajeev Chandrasekhar, an Indian government official, spoke about cryptocurrency at an event in Bengaluru. He is a minister for electronics and information technology, as...

Saudi Arabia Says Open to Trade in Other Currencies, a Sign of a Move Away From the Dollar

General News
On Tuesday, Saudi Arabia's Finance Minister, Mohammed Al-Jadaan, spoke to Bloomberg TV from Davos, Switzerland, the 2023 World Economic Forum venue. Al-Jadaan surprised reporters...

Dr. Doom, an NYU Professor, Claims That 99% of Cryptocurrency Is a Scam

General News
Dr. Doom believes "99.99% of crypto is a hoax, a criminal operation, a whole real-bubble pyramid scheme that will bust. Nouriel Roubini, also known...

Nexo Settled for $45 Million With the SEC for Offering an Earn-Interest Product

General News
Nexo, a cryptocurrency lender, has agreed to pay $45 million to the U.S. Securities and Exchange Commission (SEC) and a number of state regulators....

The National Australia Bank Will Launch a Stablecoin Backed by Australian Dollars

Blockchain
A stablecoin called AUDN has been developed by the National Australia Bank (NAB), and it will be released in the middle of 2023. The...

Russia and Iran Collaborated to Develop a Stablecoin Backed by Gold

General News
According to the Russian news source Vedomosti, the Iranian central bank has apparently collaborated with the Russian government to develop a new cryptocurrency called...

Digital Currency Group Suspends Paying Dividends to Keep Cash on Hand

General News
Due to financial difficulties at one company, Digital Currency Group (DCG), a private equity firm with stakes in more than 200 cryptocurrency projects, has...

Bithumb Must Compensate Investors for Monetary Losses: South Korean Court

1 Minute Read
The Bithumb must pay more than 100 users who filed legal claims for monetary losses as a result of the exchange's service interruption, according...

Cryptocurrency Is a Form of Gambling: RBI Governor Shaktikanta Das

General News
Shaktikanta Das, governor of the Reserve Bank of India, while speaking at an India Today event, referred to cryptocurrencies as "nothing but gambling." He...

BitConnect Victims to Receive Millions of US Dollars as Repayment

General News
According to a court decision in the United States, victims of the BitConnect pyramid scam will get over $17 million in reparations. A group of...

Voyager Defends Binance Acquisition, Calls FTX Opposition Hypocritical

1 Minute Read
Voyager Digital, a bankrupt crypto lender, defends its $1 billion deal with Binance. They say that criticism and opposition to this deal by FTX...
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