Crypto

Do Kwon, the founder of Terraform Labs, has reportedly been arrested in Montenegro, according to a local government official. On Thursday morning, Filip Adzic, the minister of interior of Montenegro, tweeted in Bosnian that Kwon was arrested at the airport in Podgorica, the capital of Montenegro, w

American crypto giant Coinbase received a Wells notice today from the Securities and Exchange Commission. In the wake of Coinbase’s filing regarding the Wells notice, shares of the company are off sharply in after-hours trading. Per a Coinbase SEC filing regarding the matter, the company wri

The U.S. Securities and Exchange Commission sued Justin Sun, the founder of Tron, on allegations of orchestrating “unregistered offer and sale, manipulative trading and unlawful touting of crypto asset securities,” the agency stated Wednesday. The SEC said it was suing Sun, his

Between the decline in cryptocurrency prices and the bankruptcy of several large players in the industry, today's cryptocurrency companies face no shortage of challenges. However, cryptocurrency companies should not lose sight of their day-to-day obligations, particularly those concerning compl

While LinkedIn is helpful for displaying people’s educational and professional achievements, there exists a world of self-taught tech talent whose skills are not so easily reflected on the networking site. Rather, their expertise is hidden in the lines of code they write. Aspecta is trying to

Magic Eden, one of the largest cross-chain NFT platforms, launched a Bitcoin marketplace for digital artifacts, the company shared on Tuesday. “We are already a multichain platform and believe that adding Bitcoin will connect us to a deep community of people and a rapidly growing

Seed Club, a DAO-focused accelerator program, has launched its venture arm out of stealth mode with a $25 million fund, the team shared exclusively with technewss. “Seed Club is a DAO for builders at the intersection of builders and culture with three areas: an accelerator, a co

OP3N, a web3 AI-powered platform, raised a $28 million Series A round that values the company at $100 million, the startup shared exclusively with technewss. “I wanted to make a connection for creators, chats and commerce in one place,” Jaeson Ma, co-CEO of OP3N, said to TechC

Two key players in the web3 gaming space predict exponential expansion in the next few years. Robbie Ferguson, co-founder and president of web3 gaming company Immutable, and Ryan Wyatt, president of layer-2 chain Polygon Labs, told technewss+ that web3 will add the first 10 million to 100 million

Web3 gaming firm Immutable and layer-2 blockchain Polygon hope that a new strategic alliance will accelerate innovation and adoption in the nascent crypto gaming space, the two companies announced at the Game Developer Conference on Monday. “For us this is a pretty obvious play,” Robbie Ferguso

Flagstar Bank, a subsidiary of New York Community Bancorp, has signed a takeover agreement with U.S. regulators for some of Signature Bank's assets and loans. Earlier this month, after Silicon Valley Bank's customers all tried to withdraw their funds at the same time, Signature Bank was the

A new class action lawsuit alleges that several well-known finance YouTubers, including Graham Stephan, Andrei Jikh, Jaspreet Singh and others, should be held responsible for promoting now-disgraced cryptocurrency exchange FTX. The lawsuit’s plaintiff is Edwin Garrison, a private investor who

Ledger, one of the largest cold storage crypto wallet providers, launched a browser extension to improve online security and connectivity for digital assets, the company exclusively told technewss. “You think of Web 1.0 as usernames and passwords, Web 2.0 as log in with Facebook

If you own a non-custodial crypto wallet like MetaMask, you know the headache of keeping your 16-word seed phrase safe. That’s the responsibility that comes with having full control over one’s digital assets. A third-party wallet, like one hosted by an exchange, on the other hand, store