An alliance of Web3 companies has come together to build an open and borderless metaverse called OMA3, or the Open Metaverse Alliance for Web3. The group says it aims to solve key challenges of the […]
Mike Novogratz has admitted that the huge returns experienced with some crypto investments are “not normal,” just months after the blockchain project he promoted made investors absurd profits before collapsing completely. Speaking at the Christie’s […]
Tesla sold 75% of its Bitcoin, worth approximately $936 million, according to its Q2 earnings report. In its after-market earnings announcement, the electric car manufacturer founded by Elon Musk said in a shareholder presentation that “Bitcoin […]
The FBI and U.S. Justice Department last year thwarted attempts by North Korean state-sponsored hackers to cripple an American hospital—seizing $500,000 in cryptocurrency and ransom payments in the process. In a Tuesday statement, the DOJ’s […]
In brief Circle’s CFO Jeremy Fox-Geen said the firm is a registered financial services company just like PayPal or Apple. Circle Yield, the firm’s interest-earning product, is regulated by the Bermuda Monetary Authority (BMA). Fox-Geen […]
Otherside, the much-anticipated metaverse gaming platform from the creators of the Bored Ape Yacht Club, is open for business. Almost. On Saturday, the Yuga Labs-developed game invited 4,300 players—so-called “Voyagers”—for a first-look tech demo and […]
Larry David, when asked in a 2009 interview to describe the opening theme to “Curb Your Enthusiasm,” didn’t mince words: “It introduces the idea that you’re in for something pretty idiotic.” Despite the HBO comedy’s […]
The Three Arrows Capital (3AC) liquidation process has taken a new turn. The court-appointed liquidator of insolvent crypto hedge fund Three Arrows Capital (3AC), Teneo, has hired a Singapore law firm WongPartnership LLP to convince […]
South Park’s new episode “The Streaming Wars Part 2” pillories a handful of celebrities who have recently endorsed crypto, including Hollywood legends Matt Damon, Gwyneth Paltrow and Reese Witherspoon. The episode spends the most time […]
On Tuesday, the Vermont Department of Financial Regulation (DFR) alerted investors to exercise caution with the crypto lender Celsius. It called the lender “deeply insolvent” and operated without a proper license. The New Jersey-based firm […]
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