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Report: Federal Prosecutors in New York Probe Digital Currency Group and Subsidiary Genesis

January 7, 2023

Following accusations from Gemini co-founder Cameron Winklevoss in an open letter to Digital Currency Group CEO Barry Silbert, a report citing “people familiar with the matter” states that federal prosecutors from New York are scrutinizing transfers between Digital Currency Group and its subsidiary, Genesis Global Capital. Report Claims Digital Currency Group, Genesis Global Capital Allegedly…
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Socios.com Will Invest $100 Million in FC Barcelona Metaverse Push

August 3, 2022

Socios.com, a company dedicated to the development of fan engagement tokens for sports organizations, has revealed that it will invest $100 million in the digital business of soccer team FC Barcelona, Barca Studios. The investment will give Socios.com 24.5% of the stake in the digital division of the club and will allow it to reshape…
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Philippines’ fintech achieves unicorn status after embracing crypto payments

April 12, 2022

Voyager reportedly plans to integrate cryptocurrencies, micro investments and insurance products into PayMaya, which already includes a digital wallet. Voyager Innovations, the firm behind the Philippines’ top digital payments app Paymaya, has announced it has achieved unicorn status after a recent round of funding, surpassing a $1 billion valuation. Voyager Innovation announced Tuesday that the…
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Renewed interest in the Metaverse sends Decentraland (MANA) price 75% higher

February 5, 2022

MANA price booked a 75% bounce off its swing low as interest in the Metaverse is rekindled. The influence of blockchain technology on the ongoing digital revolution cannot be overstated as the rise of the Metaverse and the integration of virtual reality is transforming the way humans interact on a global scale. One project that…
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Aavegotchi (GHST) gains 50% as ‘Gotchiverse’ auctions set a path to the Metaverse

October 30, 2021

Investments from gaming guilds, partnerships with crypto-investment firms and the success of the ongoing Gotchiverse auctions all back GHST’s 50% rally. The world of decentralized gaming has seen significant growth in 2021 as the rise of play-to-earn (P2E) gaming merged with NFTs to open the first pathway to the Metaverse. Aavegotchi is currently making inroads…
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Buyers shell out $7M for unseen NFT collection

October 25, 2021

Participants piled $7 million into a dutch auction to win one of 50 Golden Tokens granting ownership to unminted NFTs from artist Tyler Hobbs. Nonfungible token (NFT) investors have poured $7 million into a dutch auction that sold 50 tokens conferring ownership over digital artworks that will not be minted until December. Tyler Hobbs, the…
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‘We are at war’ with crypto, says Turkish President Erdoğan

September 20, 2021

The Turkish government’s plans for cryptocurrencies draw a stark contrast to its central bank digital currency intentions. Turkey is eager to become a blockchain hub as a country with one leg in Europe and another in Asia. However, the same passion doesn’t apply to cryptocurrencies, as Turkish President Recep Tayyib Erdoğan reiterated recently. Erdoğan hosted…
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Survey: 1 in 10 Irish Investors, Quarter of Young People Hold Cryptocurrencies

September 17, 2021

Investors in Ireland are attracted to digital opportunities offering better returns and often find them online, a new survey has indicated. According to the poll, 11% of investors have already bought a digital asset and a quarter of the young Irish are betting on cryptocurrencies. Low Interest Rates, Search for Long-Term Returns Push More Irish…
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Brazil is prepping an IPO for its state-run digital bank

October 21, 2020

Brazilian Minister defends IPO of federal digital bank created to aid population during pandemic Brazil’s Minister of Economy, Paulo Guedes, said during an online event this Tuesday that Brazil “is about to” join the Organization for Economic Cooperation and Development (OECD) and that the Brazilian government has plans to launch a public offering of shares…
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Digital identity is the future, US congressman Bill Foster says

October 9, 2020

Technology could hold the keys to identity theft protection. Speaking at the online launch event for the Global Digital Asset & Cryptocurrency Association on Friday — a Chicago-based group focused on regulatory clarity and industry security — U.S. Representative Bill Foster explained the importance of a “secure digital identity.” “You can have the most rock-solid cryptographic…
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Category: digital