Irfan Pathan Launches India’s Latest Web3 Integrated App
Former Indian cricketer Irfan Pathan on Monday launched the logos for India’s latest Web3 integrated social media platform, ReelStar - an ‘everything app’ with integrated multiple social media, Web3, and payment functionalities.
Crypto Lender Nexo Sued For Allegedly Blocking $126M Withdrawals In 2020-21: Report
Nexo is being sued in the London High Court by a group of investors who allege that the crypto lender blocked them from withdrawing over 107 million British pounds' ($126 million) worth of crypto, according to a report by local business newspaper CityAM.
Binance Will Not Invest In Crypto Lender Genesis
Binance said no to an investment in Genesis as the crypto lender seeks to raise a $1 billion emergency loan, according to the Wall Street Journal. Binance turned down the deal, citing a potential conflict of interest with Genesis’ business model.
JPMorgan Registers Trademark For Crypto Wallet
New York-based multinational bank JP Morgan has officially registered a trademark for a cryptocurrency wallet.
Mattel Debuts New NFT Marketplace To Turn Toys Into Digital Collectibles
The toy giant is launching an NFT marketplace within its direct-to-consumer ecommerce platform, Mattel Creations, this week on the Flow blockchain where fans will be able to buy digital art tied to classic products like Hot Wheels and Barbie.
Kenyan Legislation Establishes Crypto Taxation, Creates Consumer Protections
The country’s first effort at crypto regulation amends the country’s Capital Markets Law to define crypto as a security and establish reporting, tax and other requirements.
Bitcoin Miner Iris Energy Unplugs Hardware Collateralizing Over $100M In Loans
Bitcoin miner Iris Energy has unplugged a large majority of its miners in response to a default notice on about $107.8 million in loans they were securing.
Governments Should Not Over-Regulate After FTX, Lead MiCA Negotiator Says
The European Union should hold off on more crypto regulation following the collapse of exchange giant FTX, European Parliament member Stefan Berger said on Twitter. The lead negotiator on the Markets in Crypto Assets (MiCA) file added that regulators should wait until new EU laws about crypto come into force.
Binance Says It Will Hire 600 By Year End, Bring Total Employees To 8,000
Binance, the world’s largest cryptocurrency exchange, wants to grow even bigger as it seeks to hire 600 more employees by the end of this year, its founder and chief executive officer said.