Crypto

The crypto industry is increasingly worried that U.S. regulators are clamping down too hard on the space. Predictably, that’s making companies in the space look outward to regions that have clearer guidelines in place, and it seems there are lessons the industry, and regulators around the wo

It's been a little over a month since the Arbitrum Foundation drama, where the foundation transferred funds from Arbitrum DAO without the community's approval, sparking an uproar. But if you ask Steven Goldfeder, CEO and co-founder of Offchain Labs, that blunder was just one of the early s

Former FTX CEO and founder Sam Bankman-Fried has filed a pretrial motion to dismiss 10 out of 13 charges against him, according to court documents. Bankman-Fried is under house arrest at his parent's house in Palo Alto, California, ahead of his expected trial in October for cha

As the crypto market works its way through a downturn, more incoming money and users could help it weather the storm. But right now, it's sometimes challenging for the layperson to get into crypto. Understanding gas fees and wallets isn't intuitive, and the perceived miasma

When an NFT series commemorating the handover of Hong Kong from the U.K. to China generated $260,000 in sales, Artifact Labs, the startup that launched the collection, saw the long-term potential of tokenizing historical artifacts and making them immutable and accessible to the public. Artifact was

Kenya is proposing new taxes targeting the digital economy in a bid to grow domestic revenues and narrow its fiscal deficit in response to the ongoing cash crunch. The East African country plans to charge a 3% tax on the transfer or exchange value of digital assets, while content creators will pay

Today after the bell, Coinbase reported its Q1 2023 financial results, handily beating expectations. In the first three months of the year, the U.S. cryptocurrency exchange generated net revenues of $736 million, a $79 million net loss and adjusted EBITDA of $284 million. Analysts had expected a fa

Alibaba Cloud, the digital technology and intelligence division of Alibaba Group, has partnered with layer-1 blockchain Avalanche, the companies exclusively told technewss ahead of an announcement at the Avalanche Summit II conference. The partnership will provide Alibaba's clients with a laun

Investing in crypto is not for the faint of heart. The volatile crypto landscape is littered with the remains of high-profile collapses, like Terraform Labs, Three Arrows Capital and FTX. Still, some VC firms — especially investment powerhouse Andreessen Horowitz (commonly known as a16z) — rema

On a balmy day in mid-April, thousands of people queued in line to enter the Hong Kong Convention Center where the city’s inaugural web3 festival was underway. Most had flown in from mainland China, but many others had trekked from Singapore, Japan, Indonesia, Thailand and even the U.S. to se

A crypto wallet theft lawsuit brought about by a man who claims to be Bitcoin creator Satoshi Nakamoto could jeopardize the future of open source software development. That’s according to the Jack Dorsey-backed Bitcoin Legal Defense Fund, which is taking on a case to defend 11 Bitcoin develop

It has been almost six months since FTX collapsed, and a lot has transpired since then, including executives being charged to industry businesses facing ripple effects from its demise. At Consensus 2023, Anthony Scaramucci, former White House comms director and founder and managing

OpenSea, one of the largest NFT marketplaces, is well known for its trading platform, which allows users to buy and sell digital assets. But the company is continuing to expand its product footprint to appeal to other audiences like Web 2.0 brands, said Shiva Rajaraman, OpenSea’s chief busine

Imagine your family member or friend gets rich from crypto and passes away. Yes, you'd be grieving, but you may also wonder what happens to their assets. And if they've left you any, the question then becomes: How are you supposed to access them? These are questions that an