Yat Siu Steps Down from ApeCoin DAO Special Committee
The chairman of Animoca Brands and a prominent Bored Ape Yacht Club member announced that he would not run for re-election in the ApeCoin DAO governance framework. Yat Siu, chairman of Animoca Brands, announced on social media that he will not run for a second term as a member of the ApeCoin DAO Special Committee. […]
Nigeria Approves Blockchain Policy to Boost Digital Economy
Nigeria has become one of the leading countries in Africa to adopt blockchain technology and cryptocurrency usage after its federal executive council approved a national blockchain policy on May 3, 2023. The policy intends to establish a blockchain-based economy that facilitates safe transactions, data sharing, and value exchange between individuals, enterprises, and the government. The […]
FTX sues Genesis, Affiliate, for $3.9 Billion
FTX claims that Genesis and GGC International owes it $3.9 billion in cash and cryptocurrency for loans and withdrawals made prior to the exchange’s collapse. The crypto exchange FTX, which filed for Chapter 11 bankruptcy in November 2021, is attempting to recover $3.9 billion in cash and cryptocurrency from Genesis Global Capital and its non-bankrupt […]
MetaLawMan: Why Coinbase may win a Lawsuit against SEC
A crypto-friendly legal analyst reveals how SEC Chairman Gary Gensler’s congressional appearance could weaken the commission’s case against Coinbase. According to a legal analyst on Twitter with the pseudonym @MetaLawMan, If the Securities and Exchange Commission (SEC) decides to sue Coinbase in the U. S., it may lose. In his statement to Congress on May […]
Romania’s first digital assets platform showcases NFTs
Romania has become the first European country to launch an institutional platform for trading digital assets, such as NFTs (Non-Fungible Tokens). The ICI D|SERVICES platform was built by the National Institute for Research and Development in Informatics (ICI Bucharest) and operated on the Romanian-designed MultiversX blockchain network. The platform aims to promote digital art and […]