Tech News

The United States Secret service is currently in the custody of more than $100 million worth of digital currencies it confiscated from at least 254 cybercrime cases it has been tracking since 2015. While the agency is best known for the security details it provides to American Presidents, it is also a very proficient criminal […]

The midwestern U.S. state, North Dakota has stolen the show at the Bitcoin 2022 conference in Miami. It aims to lure crypto miners into their greener pastures with the promise of the “cleanest crypto on the planet.” The North Dakota Commerce Department spent $35,000 on the trip, claiming that its attendance at the conference would yield a […]

In what is becoming a huge recurrence, Do Kwon’s led Terraform Labs has gifted the sum of $880 million (at a price of $88 per coin) in the form of 10 million LUNA tokens to the Luna Foundation Guard (LFG) as contributions to the latter’s UST stablecoin reserves. The donation comes on the heels of […]

The United States Department of Justice (DoJ) has sentenced a former Ethereum developer, Virgil Griffith to 63 months in jail for conspiring to assist individuals in North Korea to evade sanctions through the use of cryptocurrency. According to the prosecutors, Griffith sold his expertise to North Korean individuals against the provisions of the International Emergency […]

American multinational Fortune 500 corporation, Fidelity National Information Servcs Inc (FIS) has tapped Fireblocks as its partner as it seeks to bring the cryptocurrency industry closer to investors in the capital market industry. As announced by the firm, investors within its network will be able to harness Fireblocks’ infrastructure to gain exposure to digital assets […]

Nexo has launched a new crypto credit card product that will let its customers in the European Union spend money without touching the Bitcoin (BTC), Ethereum (ETH), and Tether (USDT) assets respectively. The new product was floated in partnership with its card issuer DiPocket, and multinational payments company, Mastercard Inc. With the increasing demand for […]

Twitter’s latest shareholder and the world’s richest man, Elon Musk is making a number of proposals to the managers of the social media platform to accept Dogecoin (DOGE) payments to subscribers of the firm’s premium service, Twitter Blue. In a well-commented engagement on Twitter, Musk shared a number of ideas that he believes can set […]

Singapore and Southeast Asia’s largest bank, DBS is exploring a move into the metaverse as it continues to advance its efforts to transform its digital offerings. As reported by Nikkei Asia drawing on an online interview with DBS Chief Information Officer Jimmy Ng, the metaverse is notably one of the primary focuses for the bank […]

As per a new research study by the API providing company Agora, the developers believe that the Metaverse may become the “most popular” method for buying and selling digital assets in the near future. The study surveyed 300 developers’ thoughts and ideas about the sector. The CEO and founder of Agora, Tony Zhao, stated: “Since […]

As per a recent survey conducted by Arcane Research and Ernst & Young, the number of women in Norway who own any kind of digital assets doubled during the whole last year. The survey found that the rate of female ownership of digital assets in the country surged from 3% in early 2021 to 6% by March […]

ASEAN countries are fast becoming a global hub for payment digitization with Singapore and Cambodia amongst those experimenting with digital currencies to boost their e-commerce industry. As reported by the South China Morning Post (SCMP), these countries are not just adopting cryptocurrencies for e-commerce, the aim is to also boost the payment ecosystem while also […]

The English city of Portsmouth is now permitting its residents to make payments for their bills in crypto as it moves towards embracing new and flexible ways to ease the ways its residents fulfill their obligations. As reported by local news channel Seacoastonline, the new payment method was introduced to the city officials by Mayor […]

The support for Ukraine is continuously rising with the public blockchain network for smart contracts, Internet Computer (ICP) being another addition to the list of major contributors of crypto donations. ICP and DFINITY founder Dominic Williams announced that the company is planning to help Ukraine via smart contracts and $250 million worth of cryptocurrencies. ICP, […]

The art and culture industry is about to undergo a revolution. OVR will be collaborating with WRONG THEORY to support art and culture in all its forms. The partnership is based on shared values of creation in the metaverse and the promotion of arts & culture beyond the hype of the moment.  A major feature […]

Paolo Ardoino, the Chief Technical Officer (CTO) of the world’s largest stablecoin, Tether, has shared his thoughts on the much talked about Central Bank Digital Currencies (CBDC), noting amongst many other things that these new form of money will replace SWIFT and other monetary transfer infrastructures. 1/Few thoughts on CBDCs– FIAT is mostly digital already– […]

Nordic Neobank, Lunar has announced the raise of $77 million in Series D funding round with backings from Kinnevik, Tencent, and IDC Ventures amongst others. The funding round positions the startup at a $2 billion post-money valuation, sending Lunar into the unicorn’s list. While the startup is notably conservative about naming its backers according to […]

The Crypto market has seen massive adoption in the past few years with heavy institutional and individual funds inflowing. These inflows into crypto investment funds have seen a sharp spike last week, hinting that investors are widening their exposure to virtual assets despite the ongoing crypto market and geopolitical uncertainty along with monetary tightening from governments. […]

Bitrue is a crypto exchange which is well-known for its association with Cardano (ADA). Even now, Cardano is listed among the top cryptocurrencies in the world by market capitalization and continues to create news practically every week. As such, the Bitrue team is committed to continuously creating new and exciting opportunities for its customers and […]