Japanese gaming company Square Enix has announced that it will be using Polygon, an Ethereum sidechain, as a base for Symbiogenesis, its upcoming Web3 experience. Naoyuki Tamate, producer of the game, cited the high transaction […]
“Given the dearth of record-keeping, it may not be possible to fully reconstruct the intercompany Claim,” the statement said. “If it were at all possible, it would be a time and cost intensive forensic accounting […]
The SEC has charged Terraform and its founder with fraud. The SEC accuses Terraform Labs of embezzling billions of dollars from investors. The news has sent the price of Terra LUNA crushing. The US Securities […]
Ether’s price dropped 10% to $1,472 on the day of the Merge, but volatility quickly faded, with prices trading in a narrow range of $1,300 to $1,400 during the following four weeks. Ether’s 30-day realized […]
The custody rule change is currently a proposal, and is favorable for bank-custodians and thus positive for crypto custodians such as Anchorage, who have bank charters, and also custodians who operate under state charters, analysts […]
In a recent interview, Tobias Adrian, director of monetary and capital markets at the IMF, claimed a fundamental conflict between conventional banking regulation techniques and the crypto sector. Adrian remarked that institutions must be able […]
The Financial Conduct Authority has largely been silent while its U.S. counterparts have been busy cracking down on crypto – but it has a list of 51 unregistered firms to act on. Source link
Japan has been conducting proof-of-concept (PoC) experiments on its CBDC for the last two years. The Japan central bank now says that the project is now set for a pilot program. Currently, China’s digital Yuan […]
Platypus Finance’s native stablecoin fell to 48 cents from $1 earlier on Friday following the attack. Source link
“The aim of the pilot program is twofold: first, to test the technical feasibility…and second, to utilize the skills and insights of private businesses in terms of technology and operation for designing a CBDC ecosystem […]
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