SAND Jumped 12% Following The Sandbox’s Acquisition of Uruguayan Tech Firm

SAND Jumped 12% Following The Sandbox’s Acquisition of Uruguayan Tech Firm

The Sandbox keeps expanding in South America by acquiring Cualit. SAND reacted to the news, soaring by almost 12% over the past 24 hours.

Singaporean Court Blocks Sale of a Bored Ape (BAYC) NFT: Report

Singaporean Court Blocks Sale of a Bored Ape (BAYC) NFT: Report

A Singaporean court has frozen the sale of one BAYC NFT after an ownership dispute emerged involving its use as loan collateral.

Bill Gates Does Not Own Crypto Because It Doesn’t Have Product Value

Bill Gates Does Not Own Crypto Because It Doesn’t Have Product Value

Billionaire Bill Gates invests in companies and not digital currencies since they have no "valuable output."

Crypto Bloodbath Should Have Little Effect on US Households: Goldman Sachs

Crypto Bloodbath Should Have Little Effect on US Households: Goldman Sachs

Despite the recent turmoil in the cryptocurrency market and the large number of US investors, Goldman Sachs does not envision any long-term adverse effects.

Australian Banking Giant Halts Crypto Trading Pilot Amid Regulatory Uncertainty

Australian Banking Giant Halts Crypto Trading Pilot Amid Regulatory Uncertainty

Amid the ongoing crypto crash, mainly caused by the collapse of Terra's ecosystem, the largest Aussie bank has halted plans to release its digital asset platform.

Swiss Asset Manager Vowed to Launch DeFi Services Within 3 Years

Swiss Asset Manager Vowed to Launch DeFi Services Within 3 Years

Julius Baer is set to offer cryptocurrency products, and even DeFi services in the future, to high-net-worth clients.

a16z Launches a $600 Million Game Fund Backed by Roblox and Blizzard

a16z Launches a $600 Million Game Fund Backed by Roblox and Blizzard

a16z's newly announced fund will go for game studios, consumer apps that support gamers, and Infrastructure tools for digital games.

Indian Crypto Industry Reps Call for Reduction in Certain Taxation Rules

Indian Crypto Industry Reps Call for Reduction in Certain Taxation Rules

Local representatives of the crypto industry said 1% TDS is very high and can drive the traders away from the market and hurt volume.

SEC Chair Predicts Other Cryptocurrencies Will Mimic Terra’s Downfall and Harm Investors

SEC Chair Predicts Other Cryptocurrencies Will Mimic Terra’s Downfall and Harm Investors

US SEC's Chair thinks there might be more coins like LUNA that will collapse in the near future and harm crypto investors.

New Milestones for Ethereum as Ropsten Public Testnet Merge Date Revealed

New Milestones for Ethereum as Ropsten Public Testnet Merge Date Revealed

Ropsten public testnet to undergo merge on June 8 as the Ethereum blockchain prepares for a transition to a more eco-friendly architecture.

Tether Confirms Fully Backed Reserves in Latest Assurance Report

Tether Confirms Fully Backed Reserves in Latest Assurance Report

The stablecoin issuer has decreased its commercial paper holdings while increasing its US Treasury bills.

South Korea Slams Terra’s Do Kwon With $78M Fine for Tax Evasion: Report

South Korea Slams Terra’s Do Kwon With $78M Fine for Tax Evasion: Report

The Terra co-founder now has more things to worry about as he faces a $78 million fine for tax evasion.

Over 10 Million CashApp Accounts Have Bought Bitcoin: Block’s Q1 Letter

Over 10 Million CashApp Accounts Have Bought Bitcoin: Block’s Q1 Letter

Jack Dorsey’s company saw significantly fewer Bitcoin purchases compared to last year, due in large part to the 2022 bear market. 

FTX US Launches Stock Trading for Select Users

FTX US Launches Stock Trading for Select Users

FTX's latest expansion highlights the company's ambition to not only attract the crypto crowd but also to capture investors in traditional finance space.

CryptoCom Donates to UPenn’s Crypto Research Lab to Support Privacy and Security Studies

CryptoCom Donates to UPenn’s Crypto Research Lab to Support Privacy and Security Studies

The crypto exchange has made a two-year donation to the University of Pennsylvania to support blockchain research. 

Coinbase Establishes Think Tank for Increasing Lobbying Efforts With Regulators

Coinbase Establishes Think Tank for Increasing Lobbying Efforts With Regulators

The Coinbase Institute is launched for the purpose of crypto research and discussions with policymakers.

Panama’s Crypto Bill Faces Setback as President Calls for Stricter AML Controls

Panama’s Crypto Bill Faces Setback as President Calls for Stricter AML Controls

The crypto law will enable Panama's residents to pay their taxes and civil debts using multiple digital assets only when the President signs it.

Russia Will Legalize Crypto in Some Way Sooner or Later, Local Minister Says

Russia Will Legalize Crypto in Some Way Sooner or Later, Local Minister Says

Denis Manturov believes digital assets will emerge as a legal means of payment in Russia at some point in the future.

Bitcoin is the Internet’s Only Money, Jack Dorsey Says

Bitcoin is the Internet’s Only Money, Jack Dorsey Says

Block CFO Amrita Ahuja said Block is not just a payment company as much as Amazon is no longer just an online bookstore.

Declining Celsius Yields Ignite Investor Concerns: Reports

Declining Celsius Yields Ignite Investor Concerns: Reports

One of the industry’s largest centralized crypto lending platforms, Celsius, is facing pressure from investors who have been hit hard by the recent market crash.

Ripple Taps Lithuania’s FINCI to Expand ODL-Based International Payments 

Ripple Taps Lithuania’s FINCI to Expand ODL-Based International Payments 

The partnership will allow consumers and businesses to make real-time payments while sparing financial institutions to pre-fund their accounts.

Terraform Labs’ Legal Team Resigns Despite Frantic Rescue Attempts (Report)

Terraform Labs’ Legal Team Resigns Despite Frantic Rescue Attempts (Report)

Terraform's Chief corporate counsel Lawrence Florio, general counsel Marc Goldich, and regulatory counsel Noah Axler have called it quits as of May 2022.

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