In an interview with Bloomberg on November 24, Binance CEO Changpeng Zhao (CZ) said the firm intends to allocate $1 billion for a proposed industry recovery fund. … [Read more...] about Binance launches recovery fund for distressed crypto assets
Collapsed crypto exchange FTX could have over 1 million creditors
In a document submitted to bankruptcy court in Delaware on Monday, November 14, FTX’s lawyers said the company could have more than one million creditors, illustrating the scope of a corporate meltdown that has drained traders’ accounts and plunged the cryptocurrency industry into crisis. … [Read more...] about Collapsed crypto exchange FTX could have over 1 million creditors
INTERPOL launches global police in the Metaverse
INTERPOL also announced the creation of an Expert Group on the Metaverse to ensure the new virtual world is secure … [Read more...] about INTERPOL launches global police in the Metaverse
Vertu introduces the first Web3 phone
METAVERTU is the first Web3 phone that runs its own node and turns photos and videos into NFTs … [Read more...] about Vertu introduces the first Web3 phone
FTX partners with Visa to roll out crypto debit cards in 40 countries
Payments giant Visa is launching crypto debit cards in more than 40 countries in partnership with cryptocurrency exchange FTX. … [Read more...] about FTX partners with Visa to roll out crypto debit cards in 40 countries
Circle and Binance expand their stablecoins to new blockchains
Circle, the company behind stablecoin USDC, announced that it will soon be making USDC available on five additional blockchains. … [Read more...] about Circle and Binance expand their stablecoins to new blockchains
BlackRock launches ETF with blockchain exposure for European clients
BlackRock just made another move into crypto, this time launching an ETF with exposure to blockchain and crypto companies for its European customers. … [Read more...] about BlackRock launches ETF with blockchain exposure for European clients
Nasdaq to launch crypto custody service for institutional investors
Nasdaq, the second-largest U.S. stock market operator, announced the launch of Nasdaq Digital Assets, a new business that will provide a cryptocurrency custody service to institutional investors. … [Read more...] about Nasdaq to launch crypto custody service for institutional investors