Consensus 2022: Web3, unpacking regulations, and optimism for crypto’s future
Despite crypto winter, the conference drew in 17,000 people to discuss the crypto regulatory landscape, Web3 development and the future of digital assets.
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US trademark filing hints at Arizona State University planning classes in the metaverse
The seven filings also suggested ASU could be exploring the use of nonfungible tokens to authenticate many documents from diplomas to tickets for university events.
Chinese chip designer reportedly filed for $50M Nasdaq IPO
Chinese mining chip designer Nano Labs has applied for an initial public offering (IPO) in the United States to raise $50 million on Nasdaq amid sluggish market conditions.
Investors File Class Action Lawsuit Against Binance US Following LUNA-UST Fiasco
A new class-action lawsuit filed against the US branch of the largest cryptocurrency exchange alleges the company of misleading investors and illegally allowing the sale of unregistered securities – LUNA…
Coin Center takes US Treasury to court over alleged financial spying
Coin Center filed a lawsuit against the Treasury Department in federal district court — challenging the enforcement of Section 6050I’s reporting mandate.
Circle to acquire Web3 platform Cybavo, bolstering its stablecoin adoption
Circle and CYBAVO intend to further promote the adoption of USD Coin and Web3 applications while integrating technology deeply into their core product suite.
Finance Redefined: Number of DAOs surge, Solana launches $100M DeFi fund
The past week in DeFi saw the launch of another $100M fund by Solana and the number of DAOs surged over 8X with increased protocol activity.
US Treasury Secretary Yellen: Crypto is Not Suitable Option for Retirement
Janet Yellen – an American economist who serves as the 78th US Secretary of Treasure – believes people should not rely on investing in cryptocurrencies as part of their retirement…
Bitcoin Miners in Washington Will Have To Pay 29% More For Their Electricity
Bitcoin mining is about to become way harder for US-based miners, not because of the automatic difficulty adjustments but because of local politicians. This time, the state of Washington announced…
Bitcoin Bank Custodia Sues The FED For Delaying Its Master Account Application
Digital banks keep dealing with a lot of painful regulatory measures and impediments when applying for their operating permits; however, in this case, the Bitcoin Bank Custodia decided to deal…
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