FSC Regulatory Overhaul Expected to Shut Down 40 Crypto Exchanges in South Korea
A new regulatory overhaul could put 40 out of 60 exchanges out of business in South Korea after the firms are expected to fail to meet the conditions that are…
FUFU Raises $1.7m From Major Investors to Develop the Next Generation Content Marketing Platform
UwUFUFU.com, a content marketing platform, has successfully raised $1.7 million USD from early investors. Adopting the play-to-earn mechanism in the form of viral quizzes, anyone can create, play, share quizzes…
SEC Plan for Bitcoin ETFs Is Like ‘Favoring One Child Over Another’: Grayscale CEO
In August, Securities and Exchange Commission Chair Gary Gensler suggested the agency might finally open the door to a Bitcoin ETF—a move that would make it easy for investors to…
House Democrats Want to Close Crypto Tax Loophole
Congressional Democrats have been talking about their $3.5 trillion, 10-year spending package even before the ink was dry on the $1 trillion infrastructure package pending before the House. We're getting…
Ethereum, Solana NFT Market Cools Off Following Late Summer Surge
The market for NFTs hit new peaks in August, including Ethereum-centric marketplace OpenSea surpassed $3.4 billion in trading volume for the month—a 950% increase over July, and more than 140…
$2 Billion Flows Into Ethereum Project Arbitrum, Mostly to Farm Nyan Meme Token
Over $2 billion has been pumped into Ethereum scaling solution project Arbitrum in less than one week. Why? Because of surging interest in NYAN, a meme token based on the…
Chinese Exile With Ties to Steve Bannon to Pay SEC $539M Over G-Coins ICO
Three media companies bankrolled by billionaire Chinese exile Guo Wengui (aka, Miles Guo or Miles Kwok) have been sued by the U.S. Securities and Exchange Commission (SEC) for allegedly raising…
