Crypto companies continue to ramp-up marketing efforts with sports stars, with Beckham the latest to partner with blockchain provider, DigitalBits. Iconic former English Premier League footballer, David Beckham, has become a global brand ambassador for the DigitalBits blockchain, launching his own range of NFTs in the process. Beckham will release a series of NFTs and...Continue Reading

Complying with the rules puts South Korea ahead of the curve for regulating virtual assets, but may be harming the domestic industry with overbearing transfer restrictions between exchanges. South Korean crypto exchanges have reached the government-mandated deadline to come into compliance with the so-called Travel Rule, but not all industry players are pleased with the...Continue Reading

YG is seen in the music video holding a Ledger cold storage USB close to a smartphone which has a screen bearing a wallet app with more than $30.6 million worth of BTC in it. Keenon Dequan Ray Jackson, the rapper who goes by the name YG appears to show off a fat $30 million...Continue Reading

A bundle of interrelated documents remind financial institutions of their responsibilities and look at the state of crypto regulation in the U.K. The Bank of England Financial Policy Committee and other U.K. regulators are assessing crypto regulation after publishing reports on financial stability relating to cryptoassets and decentralized finance. The BoE report was released on...Continue Reading

The billionaire investor may be stepping down from Meta’s board along with Peter Thiel due to concurrent investments in Web3 that conflict with Meta’s interests. Billionaire co-founder of crypto venture capital firm A16z Marc Andreessen may be leaving the board of directors of Meta due to his firm’s investments in the Web3 space. Business Insider...Continue Reading

El Salvador’s President Nayib Bukele publicly called out Reuters for spreading “FUD” about delays in the country’s $1 billion ‘volcano bond.’ El Salvador President Nayib Bukele took to Twitter on Wednesday evening, hitting out at a Reuters report claiming Binance CEO Changpeng Zhao (CZ) was flying in to save El Salvador’s Bitcoin Bond. “Please don’t...Continue Reading

“You can’t solicit funds for a business opportunity, abandon that business and abscond with money investors provided you,” stressed IRS-CI Special Agent-in-Charge Thomas Fattorusso. The Department of Justice (DOJ) has taken action against an alleged NFT rug pull, after it slapped the founders of the Frosties project with charges relating to fraud and money laundering....Continue Reading

The heavily-sanctioned country is scrambling to find ways to increase its revenue and has floated the possibility of allowing China and Turkey to pay for energy in Bitcoin. The Russian Federation’s energy chief Pavel Zavalny has floated the possibility of accepting Bitcoin as payment for its oil and gas from “friendly countries” such as China...Continue Reading

The oil and gas giant launched the pilot program in January 2021 and is now reportedly considering expanding it to Nigeria, Argentina, Guyana, and Germany. United States-based energy producer Exxon Mobil has reportedly been running a pilot program aimed at using the energy from excess gas to power crypto mining rigs — and it may...Continue Reading

The merger of L1 and L2 debt pools is just one of a number of upgrades slated for this week within the Synthetix ecosystem. Decentralized finance, or DeFi, protocol Synthetix (SNX) has announced that the deployment of their Debt Pool Synthesis feature will occur on Thursday 9pm through 11pm UTC, expected to impact staking participants...Continue Reading