California Regulators Order MyConstant to Cease Crypto-Lending Services
The California Department of Financial Institutions (DFPI) warned in July that it would crack down on crypto interest account providers in the state.
Crypto News
Crypto News
FTX’s Bankman-Fried Set for US Extradition To Face Monster Indictment
Disgraced FTX founder Sam Bankman-Fried initially appeared ready to fight extradition to the United States but is now expected to leave on Wednesday.
Crypto News
Can Intellectual Property Rights Protect Web3 and NFT Evolution?
Digital IP rights are crucial especially in 2022 as web3 and NFTs evolve and illicit activities increase. Modern economies rely on IP. Intellectual
Crypto News
Encrypted Messaging Protocol Mask Network Acquires Mastodon Server Pawoo.net
According to a blog post, the company Social Coop Limited, which is affiliated with the Mask Network, a protocol that enables users to
Crypto News
Superhero Cans Merger with Swyftx Citing Regulatory Scrutiny
Superhero assured its users that their funds are secure and that no personal information or assets were given to Swyftx. With more regulators
Crypto News
Hedera Prepares to Tap into the Next Major NFT Wave, Here’s How
The Hedera network recently launched a new offering that will allow it to secure additional growth in the NFT market. The leading blockchain
Bitcoin News
Bitcoin Miner Core Scientific Reportedly Files for Chapter 11 Bankruptcy
Core Scientific is said to have filed for Chapter 11 bankruptcy in Texas due to declining revenue and BTC prices. Just days after
Blockchain News
Layer 2 Ethereum Networks Flip L1 In Transactions Per Second
Layer 2 activity is increasing and has already surpassed Layer 1 Ethereum in some metrics, such as transactions per second. Layer 2 networks
Blockchain News
Current Infrastructure Can’t Support the Metaverse, Says Huawei Report
The chief strategist for Huawei’s Middle East region stated that networks have throughput, rendering, and download speed issues that must be addressed. Huawei,
Blockchain News
Core Scientific to File for Bankruptcy, Continue Mining Through Process: Report
According to a source, the Core Scientific bankruptcy proceedings will have no effect on operations. According to CNBC, Core Scientific, one of the