Category: Crypto News

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Metaverse to possibly create $5T in value by 2030: McKinsey report

Metaverse to possibly create $5T in value by 2030: McKinsey report

While the 2022 bear market grazed off the excitement around the budding crypto sub-ecosystems such as nonfungible tokens (NFTs), the Metaverse remains [...]
Crypto Conglomerate DCG Being Investigated by DOJ, SEC: Report

Crypto Conglomerate DCG Being Investigated by DOJ, SEC: Report

The prosecutors with the DOJ's Eastern District of New York office have so far requested interviews and documents from DCG and Genesis, the report sai [...]
Bluechip NFT project Moonbirds signs with Hollywood talent agents UTA

Bluechip NFT project Moonbirds signs with Hollywood talent agents UTA

The NFT-focused company was founded by early-stage Facebook and Twitter investor Kevin Rose, and designer Justin Mezzell in February 2022. The company [...]
NFT Marketplace SuperRare Cuts Staff by 30%

NFT Marketplace SuperRare Cuts Staff by 30%

CEO John Crain said the company overhired during the market upswing and could not sustain its growth in recent months. www.coindesk.com [...]
SuperRare cuts 30% of staff as growth slows during crypto winter

SuperRare cuts 30% of staff as growth slows during crypto winter

Non-fungible token (NFT) marketplace SuperRare has announced a 30% staff-member cut as CEO John Crain explained that the firm mistakenly over-hired du [...]
NFT Collective PROOF Signs with United Talent Agency

NFT Collective PROOF Signs with United Talent Agency

The company behind the popular NFT project Moonbirds hopes to expand its partnerships and grow its brand beyond a Web3-native audience. www.coindesk. [...]
Mastercard partners with Polygon to launch Web3 musician accelerator program

Mastercard partners with Polygon to launch Web3 musician accelerator program

Global payments giant Mastercard is ramping up its exposure blockchain tech yet again, after announcing a Polygon-based accelerator program to help mu [...]
Two More Promoters of Forcount Crypto Ponzi Scheme Arrested, Charged With Fraud

Two More Promoters of Forcount Crypto Ponzi Scheme Arrested, Charged With Fraud

Two additional promoters of the Forcount Ponzi scheme – a Brazil-based crypto scam that defrauded Spanish-speaking investors around the world of a col [...]
Crypto Markets Today: Huobi Tensions Sink Tron Token Price

Crypto Markets Today: Huobi Tensions Sink Tron Token Price

ALSO: Bitcoin and ether traded up. Equities also rose after a strong U.S. jobs report. www.coindesk.com [...]
NFT project accepted $3M to move its collection to Polygon

NFT project accepted $3M to move its collection to Polygon

The team behind y00ts and DeGods were paid $3m to move their collections off Solana and onto Polygon, according to a January 6 announcement from the c [...]
$3.9 billion lost in the cryptocurrency market in 2022: Report

$3.9 billion lost in the cryptocurrency market in 2022: Report

Immunefi, a bug bounty and security services platform for the Web3 ecosystem, published a report on Jan. 6 revealing that the crypto industry lost a t [...]
Polygon Paid Top Solana Projects Y00ts and DeGods $3M to Migrate Chains

Polygon Paid Top Solana Projects Y00ts and DeGods $3M to Migrate Chains

Vora went on to explain that the money would be used to expand the DeLabs team across departments such as business development, graphic design, conten [...]
FTX collapse may boost ‘further trust’ in crypto ecosystem — Nomura exec

FTX collapse may boost ‘further trust’ in crypto ecosystem — Nomura exec

The winds of crypto winter may be still blowing, but it doesn't seem to be stopping venture capital firms from piling into cryptocurrencies. In fact, [...]
Silvergate gets more bad news as Moody’s slashes its ratings

Silvergate gets more bad news as Moody’s slashes its ratings

Things seem to be going from grim to grimmer at Silvergate Bank, with a hit to its Moody’s rating and a selloff by Ark Invest. The bank already experi [...]
FTX, Bahamian FTX DM reach agreement on info sharing, disposition of property, assets

FTX, Bahamian FTX DM reach agreement on info sharing, disposition of property, assets

The FTX Debtors, made up of FTX and its affiliated debtors, and FTX Digital Markets (FTX DM), the Bahamian subsidiary of FTX, announced Jan. 6 that th [...]
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