“Not going away” — Mike Novogratz says that despite being permanently humbled by the recent Terra collapse, the crypto industry will continue to grow. Mike Novogratz, the billionaire founder of crypto asset management firm Galaxy Digital, has told his followers that his LUNA-inspired tattoo will serve as a reminder to remain humble in the world...Continue Reading

“The question is when this will happen, how it will happen and how it will be regulated. Now both the Central Bank and the government are actively engaged in this,” said trade minister Denis Manturov. Russia will legalize crypto payments “sooner or later” according to the Ministry of Industry and Trade of the Russian Federation,...Continue Reading

“GAMES FUND ONE” will invest in game studios, consumer apps and game infrastructure providers with a16z saying the industry has “solved many of the problems” needed to make a Metaverse. Venture capital firm Andreessen Horowitz (a16z) has launched a $600 million fund dedicated to gaming startups with a focus on Web3 saying it believes “games...Continue Reading

After over two years, the feared investigative and prosecutorial team has been reformed by the new President to look into the mess caused by Terraform Labs. Legal troubles are mounting for the co-founder of failed Terra crypto project Do Kwon as the South Korean government revives the dormant “Grim Reapers of Yeoui-do” to investigate Terra’s...Continue Reading

A new exchange listing, mainnet launch and competitive token burn mechanism led to a sharp rally in Socios fan tokens. In times of high stress and market turmoil, sports entertainment has served as a valuable escape for people around the world as they get a chance to root for their favorite players and teams while...Continue Reading

“We’re not trying to grow really significantly, but resources to grow at least six percent to grow our enforcement arm in this space,” said Gary Gensler. Gary Gensler, chair of the United States Securities and Exchange Commission, or SEC, has cited concerns about cryptocurrency enforcement in its budget request for the next fiscal year. In...Continue Reading

Record spending in a Democratic House primary could not give a political newcomer the boost he needed to overcome a local politician with a long career. Andrea Salinas has won the Democratic primary election for the newly created Oregon 6th District seat in the United States House of Representatives. Practically since it started, the election...Continue Reading

After an earthquake there are always aftershocks. The collapse of UST could be a sign that other stablecoins are also critically flawed. The past week has not been an easy one. After the collapse of the third-largest stablecoin (UST) and what used to be the second largest blockchain after Ethereum (Terra), the de-peg contagion seems...Continue Reading

The five applications suggest the social media firm may use its namesake in a payments processing platform called Meta Pay. Social media giant Facebook’s parent company, Meta, may be planning to launch a payments platform with support for cryptocurrency.  According to records submitted to the United States Patent and Trademark Office, or USPTO, on May...Continue Reading

Ailing stock markets continue to impact crypto prices and technical analysis suggests BTC is at risk of falling below its recent $25,500 low. On May 17, United States Federal Reserve Chairman Jerome Powell told the Wall Street Journal that the 50-basis-point rate hikes would continue until inflation is under control. Powell’s emphasis on a hawkish...Continue Reading