Crypto

A high court in Montenegro overrode a lower court’s previous decision that would have released Terraform Labs founder Do Kwon on bail. Bloomberg first reported on the news. Kwon will remain in jail until the Basic Court in Montenegro makes another decision in light of the latest decision by t

Critics have long discredited non-fungible tokens as overpriced JPEGs sold by people who want to make quick bucks. NFT believers want to prove them wrong and show that these certificates of digital art stored on the blockchain, a distributed, immutable database, have real use cases. Their efforts o

Mainstream brands and financial services firms are testing the waters of crypto, but many are hesitant to fully dive into the blockchain realm due to uncertainty and a general lack of trust. Every industry has its hiccups and bumps, but crypto has been especially hit hard recently,

This deep into the crypto winter big venture fund debuts are few and far between, a far cry compared to previous years. But the freeze is not stopping some venture capitalists from launching new funds targeting the decentralized technology market. Dispersion Capital has compiled a

As the artificial intelligence market continues to heat up, a number of crypto players — big and small — are diving in. The Solana Foundation, the nonprofit organization behind the layer-1 blockchain Solana, has officially integrated AI into its network with a ChatGPT plug-in d

As the NFT sector continues to waddle through a period of frosty consumer interest, some collections are diving deep, exploring new waters and expanding their horizons to the physical realm in hopes of reaching more people and growing their brand. Pudgy Penguins, an (admittedly ado

Coinbase, the world's second-largest crypto exchange, is launching its subscription service, Coinbase One, in 35 countries in a bid to retain users and grow its recurring revenue streams as the crypto economy struggles through a bearish market. Coinbase One was originally intro

The crypto industry continues to face myriad headwinds, but there's no shortage of startups and founders diving into the space. Alliance DAO, a web3 accelerator and builder community, had its most recent cohort, also known as ALL10, present their ideas on Wednesday during a dem

Ripple has announced that it has acquired Metaco, a cryptocurrency custody company based in Switzerland, for $250 million in cash and Ripple equity. With this move, Ripple will expand its offerings as it will now be able to custody, issue and settle any type of tokenized asset. “Metaco is a prove

The world's largest crypto exchange, Binance, said last week that it would stop servicing Canadian customers due to “new guidance related to stablecoins and investor limits provided to crypto exchanges.” But while the exchange said it will return to the country “someday,” its exit leav

The world's largest crypto exchange by volume, Binance, is making big bets on M&A this year, paying particular attention to geographical gaps and customer base. And to help the exchange get there is the company's chief business officer, Yibo Ling. He joined Binance near

Nexon, one of the biggest gaming companies in the world, is wading into web3 like some of its peers in Asia. The developer of MapleStory is creating a blockchain-powered ecosystem based on the 20-year-old massively multiplayer online game, where players can trade in-game assets like outfits, equipm

Terraform Labs co-founder Do Kwon pleaded not guilty in a Montenegrin court on Thursday to a charge of forging his passport and travel documents. Kwon’s hearing comes a month after Kwon and Chang-joon Han, Kwon’s former colleague, who also pleaded not guilty, were arrested at the airpo

Just two months ago, NFT trading platform Tensor raised $3 million in a seed round. Fast forward to today, and it is close to regaining its position as the biggest Solana-based NFT marketplace based on market share. “A lot of momentum came from the announcement,” Tensor co-foun