The Australian Securities & Investments Commission (ASIC) announced late Tuesday that it had suspended the Australian financial services license of FTX Australia until May 15, 2023. The agency had previously placed the local FTX affiliate in voluntary administration on November 11.

Newly published documents reveal that global entertainment giant Sony applied for a patent in 2021 for a system that tracks digital assets in video games using blockchain technology, specifically NFTs.

The Government will raise major issues such as the misuse of social media, the dark web, and cryptocurrency at the upcoming ‘No Money for Terror’ conference, which will attempt to progress the discussions on combating terrorist financing held by the international community. The previous two conferences were held in Paris (2018) and Melbourne (2019). It also intends to…

HSBC, Mastercard and Wells Fargo, along with other banks, have launched a digital dollar blockchain project named the ‘Regulated Liability Network (RLN)’. The launch of RLN is essentially a trial that will run for twelve weeks and singularly operate in co-relation with the US dollar. This result of this trial is expected to become an important contribution to the …

CoinKickoff, in its recent report, named the 20 most crypto-stressed nations in the world that includes three from India — Bengaluru, Chennai, and Ahmedabad. The ongoing regulatory draft works on crypto laws around the world has emerged as the main reason why investing in these digital assets is being seen as stressful in several parts of the world.

The crypto market has traded with bullish momentum over the last 24 hours. The leaders, Bitcoin and Ethereum, gained 1.69 and 1.45 percent, respectively. Meanwhile, the rest of the market has followed, with Uniswap and Ripple being the leaders, with gains of over 5 percent.

Circle, the creator of USD Coin has added the support for Apple Pay. The aim of this integration is to bridge the gap between traditional and crypto payment systems. NFT marketplaces, crypto gaming, exchanges, wallets, and cross-border remittance providers, with this Circle-Apple Pay link, can help their businesses grow.

Tuvalu, the tiny Pacific island nation that is threatened by rising sea levels, plans to build a digital version of itself, Foreign Minister Simon Kofe said on Tuesday. The country will be the first country to replicate itself in the metaverse but follows both the city of Seoul and the island nation of Barbados which last year said they would enter the metaverse to pr…

Kraken Exchange has announced that accounts belonging to FTX, Alameda Research, and their executives have been frozen after FTX filed for bankruptcy protection in the United States. The decision also arrives after an unknown hacker drained the now-bankrupt exchange of $600 million (roughly Rs. 4,885 crore) worth of tokens, a portion of which was moved through the Krak…

FTX collapsed last week, with the crypto exchange declaring bankruptcy on Friday. The failure of the platform has undermined investor confidence and threatened the young cryptocurrency sector, and big players are now fighting back. The bankruptcy of FTX, which even in early November was still considered one of the most reliable platforms, is a reminder to investors of…