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Epic Games lays off 830 employees, citing ‘unrealistic’ Metaverse plans
September 29, 2023 at 09:14 GMTEpic Games, the company behind the Fortnite video game, has cut 16% of its workforce – roughly 830 staff – following "unrealistic" expectations of Metaverse-inspired income...
Gemini announces $24m investment into India technology centre
September 26, 2023 at 11:59 GMTGemini is set to deepen its roots in India by investing a substantial sum of INR 200 crore, equivalent to $24million, into its technology development centre.
Market flat as Mt. Gox BTC repayments delayed for another year
September 21, 2023 at 12:38 GMTThe price of $BTC is down 1.52% following the Mt. Gox news, while other cryptos such as $TON, $XEC and $OP are some of the day's biggest losers so far...
Former employees from Alchemy Pay, Sino Global Capital, Libra and Coinbase are launching a new $60m crypto fund that will target Web3, AI and biotech companies.
SEC fines Stoner Cats creator $1m for selling unregistered NFTs worth $8m
September 13, 2023 at 14:51 GMTThe creator of the Stoner Cats will pay a $1m fine to the SEC following charges that it sold unregistered NFTs worth $8m.
Thailand cops arrest four foreigners for huge crypto fraud
September 11, 2023 at 15:31 GMTThailand’s Cyber Crime Investigation Bureau (CCIB) has held four internationals from China and Laos for links to a 2.7 billion baht ($75m) worth crypto fraud.
Introduction to NFTs Ever heard of a digital asset that’s unique and can’t be replaced with something else? That’s an NFT, or Non-Fungible Token. Unlike cryptocurrencies such as Bitcoin or Ethereum, which are fungible and can be exchanged on a one-for-one basis, NFTs are distinct. They possess unique information or attributes that make them irreplaceable....
The Ministry of Digital Economy and Society (DES) in Thailand has warned Meta of advertising numerous fraudulent crypto investment schemes on its site.
Jacobi Asset Management has announced the listing of Europe’s first spot Bitcoin exchange-traded fund (ETF) on Euronext Amsterdam.
HEX delisted from Uniswap after SEC calls it unregistered security
August 2, 2023 at 11:14 GMTUniswap has delisted the $HEX cryptocurrency from its decentralised exchange, following the classification of HEX as an unregistered security by the US Securities and Exchange Commission. In a lawsuit against HEX founder Richard Schueler, also known as Richard Heart, the SEC said more than $1billion was raised through unregistered security offerings. It traces back to...