FTX has suffered a significant loss as it sells off LedgerX in a court-approved transaction. The bankruptcy proceedings have resulted in M7 Holdings acquiring the derivatives trading platform for $50 million. The deal...

The Algorand Foundation has announced a new project, the Kare Survivor Wallet, in collaboration with the American Red Cross, aimed at enhancing the delivery of disaster aid assistance through a user-friendly and...

The decision was made public by Isa Pantami, Minister of Communications and Digital Economy, after the weekly Federal Executive Council (FEC) meeting, which was presided over by President Buhari at the Presidential Palace...

The leading cryptocurrency exchange, Binance, has faced ongoing criticism and examination from global political and regulatory bodies. One key issue that has sparked controversy is the claim that Binance facilitated...

Cryptocurrency exchange FTX is seeking to recover nearly $4 billion in assets as part of an ongoing bankruptcy case involving the now-defunct trading platform, ReubenCoin. The case has been ongoing since 2022, when...

Hebei province in China has launched an initiative aimed at promoting the adoption of its central bank digital currency (CBDC), known as the digital yuan. The province has issued digital yuan discount coupons to encourage...

ChatGPT, the popular language model developed by OpenAI, has become the latest target of hackers. The attack, discovered by the companys security team earlier this week, is believed to have been carried out by a group...

Executives at Coinbase, one of the worlds largest cryptocurrency exchanges, are facing a lawsuit alleging that they profited from inside information during the companys public listing earlier this year. The lawsuit,...

Republican members of the US Congress are calling for clarity from the Biden administration on its stance towards cryptocurrencies. In a letter addressed to Treasury Secretary Janet Yellen, Republican lawmakers demanded...

South Korea has made a significant legal breakthrough by allowing the sale of seized cryptocurrencies, enabling the countrys treasury to profit by approximately $37 million. The Seoul Central District Court handed down...