El Salvador’s Chivo wallet continues to fail, and users are looking for answers
Over the past month, there has been a range of complaints about Chivo on social media. While many people spent the holidays with friends and family, at least dozens of people in El Salvador were chasing down customer support for their government-provided bitcoin wallets — and tweeting about it. Sometime between November and December, the […]
Apifiny to go public via $530M deal with Abri SPAC
After a merger with Abri SPAC I, a special purpose acquisition company, Apifiny Group Inc said Thursday that it is going public. Once the $530 million deal concludes in the third quarter of 2022, Apifiny is planned to be listed on NASDAQ. The San Francisco-based company, which was founded in 2018, brings together several parts […]
Famous actor Johnny Depp joins the NFT craze
Johnny Depp, the famous actor, is poised to issue a series of NFTs featuring his friends and heroes in artwork he made himself. The “Never Fear Truth” collection of 11,111 non-fungible tokens is about to become live. The NFTs are digital collectibles that feature portraits of friends and heroes produced with Depp’s artwork that was […]
Robinhood Shares Sinks as Crypto Trading Weakness Persists
Robinhood just launched a public test of its Crypto Wallets, with a full launch planned for the first calendar quarter of 2022. After the commission-free trading platform revealed a decline in crypto revenues, as well as total fourth-quarter revenues and profitability that fell short of analyst projections, Robinhood (HOOD) shares plunged nearly 13% to $10.12 […]
US DOJ Charges Cryptsy Exchange Founder for Stealing $1M in Crypto
The US Department of Justice charged Project Investors Inc. CEO and founder Paul Vernon with stealing $1 million from wallets held by the now-defunct crypto exchange Cryptsy. The Department of Justice charged Vernon, 48, with tax evasion, wire fraud, money laundering, computer fraud, and destruction of data in a federal investigation, among other things, in […]