The move into cryptocurrency is not the company’s first foray into the digital assets ecosystem. Last year, Mercari launched different crypto-related offerings for customers.  Japanese e-commerce giant Mercari is set to become the first corporate institution to accept Bitcoin (BTC) for payments of goods and services in 2024, starting in …

The acquisition of Solscan by Etherscan comes at a time when activities on the Solana ecosystem garnered interest from crypto traders due to the resurgence of meme tokens.  Etherscan, a renowned blockchain explorer focusing on the Ethereum ecosystem, has announced the acquisition of Solscan, another prominent crypto data provider for …

The latest amendment makes it the third time Grayscale has updated its Bitcoin spot ETF application following the SEC’s directive to submit revised documents by December 29, 2023.  Grayscale Investments, a prominent asset management company in the United States, has recently updated its spot Bitcoin (BTC) ETF application with financial …

The Orbit Chain developers said they have involved law enforcement agencies to help track the hackers and possibly freeze the stolen funds. The crypto industry lost millions of dollars to bad actors in December alone, making the month the fifth-highest month for hacks in 2023. According to the blockchain security …

The Terraform boss was arrested and imprisoned in Montenegro over falsified documents after being on the run to escape his fate as the alleged mastermind behind the collapse of the blockchain. On Thursday, December 28, a US judge ruled against Terraform Labs and its CEO Do Kwon for violating federal …

Over the past few weeks, the Web3 industry has witnessed a surge in funds from major capital firms, indicating a strong belief in the growth of this emerging economy. GBA Capital Fund, one of China’s leading venture capital companies, has announced the launch of a $10 billion investment fund dedicated …

Aside from Hong Kong, another country that has contributed significantly to the growth of the Asian crypto economy is Singapore.  As the curtain draws nearer towards the end of 2023, Hong Kong has emerged as a significant player in shaping the regulatory landscape for crypto assets in Asia, the Block …

The House Financial Services and House Agriculture Committees have advanced bills actively seeking to provide a clear regulatory framework to govern the crypro and stablecoin market.  In 2023, the crypto industry witnessed a substantial surge in lobbying efforts aimed explicitly at shaping stablecoin regulations and influencing legislative outcomes in the …

The launch of Immutable Passport comes shortly after the company introduced a new gaming solution that allows developers to build games that eliminate transaction fees. Blockchain gaming developer Immutable has announced the official release of its new wallet infrastructure, named Immutable Passport. In a recent announcement, the company revealed that …

Aside from the Chiliz Chain which attracted many people to the SportFi sector, the company said its Chiliz Labs Incubator and Accelerator Program also contributed to the sector’s growth this year. Chiliz, a crypto firm that provides infrastructure solutions for sports and entertainment companies, experienced a monumental year for SportFi …

Coinbase described the SEC’s actions in its appeal letter as arbitrary and capricious, an abuse of discretion, and contrary to law, in violation of the Administrative Procedure Act. Cryptocurrency exchange Coinbase Global Inc (NASDAQ: COIN) is continuing its efforts to ensure the introduction of a clear regulatory framework for cryptocurrencies …

Keywords Studios said that the team, consisting of Andy Norman, Rocco Loscalzo, Vaughan O’Brien, and Roger Cheung, will continue to lead the business after the successful completion of the acquisition. Keywords Studios, an infrastructure solution provider for game and entertainment services, has acquired a unit of the SoftBank-backed metaverse platform …