SBI Buys Cryptocurrency Lender HashHub
SBI, a major regional partner for Ripple, has announced the purchase of a 100% share in the cryptocurrency firm HashHub. The business is engaged in blockchain research as well as lending for crypto assets and other aspects of the new digital economy. The release states that SBI plans to make HashHub a part of its […]
Robinhood Receives SEC Subpoena For Its Crypto Operations
Robinhood Markets has been served with a subpoena in connection with an SEC investigation into its crypto-related operations. The SEC’s investigative subpoena was delivered to Robinhood a month after FTX declared bankruptcy. The zero-commission brokerage app said in its most recent 10K filings that it received the investigative subpoena in December, one month after crypto […]
Mastercard, Visa set crypto plans on hold amid market decline
Mastercard and Visa have halted their cryptocurrency developments due to the market and regulatory environments. The two biggest names in digital payments in the world, Mastercard and Visa, have put a halt to their cryptocurrency research. The US payment giants are not moving forward with new agreements with crypto startups to offer crypto payment solutions, […]
Launch Zone suspends trading, native token transfers
Launch Zone has stopped trading and transferring of its native token LZ until further notice after hack drains 80% of the liquidity pool. Launch Zone, a DeFi protocol, was compromised on February 27 by a DND exploiter, which caused a catastrophic decline in the value of its native token LZ. The protocol initially issued a […]
Huawei Cloud Unveils Web3, Metaverse Alliance
The metaverse and web3 partnership that will bring together various companies, has been launched by Huawei Cloud. During its Asia-Pacific (APAC) Partner Leadership Summit, held in Bali, Indonesia, from February 23 to 24, Huawei Cloud announced the alliance. The industry and the alliance’s members have benefited greatly from the Metaverse and Web3.0 alliance, which is […]