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Singapore Court Orders Multichain to Pay Fantom Foundation $2.19 Million

The High Court of Singapore has awarded Fantom Foundation Ltd. damages totaling $2.19 million in a case against Multichain Foundation Ltd. and Multichain Pte Ltd. This ruling followed a default…

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Italy Prepares to Issue Guidelines on Implementing EU Crypto Regulation

Italy’s central bank will soon release guidelines on implementing the European Union’s Markets in Crypto Assets Regulation (MiCA) Regulation to ensure the payment system’s regular functioning, Bank of Italy Governor…

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Paxful Co-Founder Pleads Guilty to AML Conspiracy — Faces up to 5 Years in US Prison

A Paxful co-founder has pleaded guilty to conspiracy charges for failing to maintain an effective anti-money laundering (AML) program on the peer-to-peer cryptocurrency platform. This led to various criminal activities…

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Messari Declares Independence From SEC — Calls Chair Gensler Incompetent and Corrupt

Crypto intelligence platform Messari has declared independence from the U.S. Securities and Exchange Commission (SEC). CEO Ryan Selkis calls SEC Chair Gary Gensler incompetent and corrupt. Messari plans to challenge…

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Ubisoft Partners With Double Jump.Tokyo to Implement Web3 in Its Games

Ubisoft, the French AAA game developer, has recently announced a partnership with Double Jump.Tokyo, a Web3 gaming company, to accelerate the implementation of Web3 elements in their games. As a…

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Bitfarms Leadership Change: Ben Gagnon Named CEO

Bitfarms Ltd. (Nasdaq: BITF), a global bitcoin mining company, has appointed Ben Gagnon as chief executive officer, effective immediately. Gagnon, previously chief mining officer, has significantly contributed to Bitfarms’ growth…

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France and Hong Kong Collaborate to Advance Global Tokenization Market With CBDC Initiatives

The Banque de France (BDF) and the Hong Kong Monetary Authority (HKMA) have announced a collaboration on wholesale central bank digital currency (wCBDC). This partnership includes the HKMA’s involvement in…

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Metaplanet Announces Bitcoin Purchases Totaling Nearly $2.5 Million

Metaplanet, a Tokyo-listed public company, has disclosed it has completed bitcoin purchases amounting to 400 million yen (almost $2.5 million). The company, which vowed to use bitcoin as a strategic…

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