The CEO of Titanium Blockchain Infrastructure Services Inc. (TBIS), Michael Alan Stollery, was sentenced to four years and three months in prison for orchestrating a $21 million cryptocurrency fraud scheme involving an unregistered ICO. [mini-contact-form] Stollery lured investors by falsifying white papers and planting fake testimonials on Titanium Blockchain’s website, creating an illusion of legitimacy. […]

Web3 game is at the heart of a groundbreaking announcement from CCP Games, the distinguished developer behind the massively multiplayer online (MMO) game EVE Online. The renowned studio has successfully obtained $40 million in funding from external partners. This investment enables the full-scale development of a new AAA title utilizing blockchain technology, with the game […]

Silvergate Bank, a US-based bank with a significant presence in the blockchain industry, recently announced that it has begun the voluntary process of liquidation. The news comes just a day after reports surfaced that the bank was discussing ways to avoid a shutdown with US federal officials. The bank’s shares plummeted after several crypto clients […]

The crypto options exchange, Deribit, with the most substantial trading volumes, is preparing to release bitcoin (BTC) volatility futures. This innovative addition is predicted to offer digital asset investors a more uncomplicated approach to protect their assets against market instability in contrast to the present options. [mini-contact-form] Hedge Against Bitcoin Volatility with Deribit’s DVOL-Based Futures […]

During his annual budget speech, Financial Secretary Paul Chan announced that Hong Kong plans to invest HK$50 million (US$6.37 million) to further bolster the development of its Web3 sector. This move signals the special administrative region’s intention to remain at the forefront of innovation, particularly in the fast-evolving realm of blockchain technology. With the new […]

CleanSpark, a Bitcoin mining company that prioritizes sustainability, revealed on Thursday that it had acquired 20,000 new ASIC machines following the digital asset’s surge to nearly $25,000 the day before. With the addition of these new rigs, CleanSpark’s current computational power of 6.6 EH/s will increase by 2.44 EH/s. An exahash is equivalent to one quintillion […]

The value of Bitcoin has surged above $24,000, prompting investors to speculate about the possibility of a new bull market. Following the all-time high of Bitcoin in December 2017, the cryptocurrency has been trying to recover its previous position after a major decline. However, recent developments such as corporate investments and institutional adoption have led […]

The makers of Fortnite, Epic Games, have recently acquired Bandcamp, an online indie-focused music startup. This unorthodox move follows the gaming giant’s acquisition of Harmonix, a music gaming developer most well known for the Guitar Hero and Rock Band franchises. Why Epic is collecting these music-based companies is still unclear, but one potential purpose is […]

While large EV companies vie for market share, trying to revolutionize mass transportation, the Swedish company Jetson has different goals in mind. “We just want to have fun” -Peter Ternström, President and Founder of Jetson Jetson’s “Jetson One” is a one-seated eVTOL, a new and growing sector of the EV sector. The Jetson One weighs […]

GitLab, the competitor to Microsoft’s GitHub, has recently announced its plans to go public on the Nasdaq under the ticker GLTB. Following its valuation of $6 billion in a secondary share sale late last year, Gitlab has been frictionlessly growing throughout the pandemic. The cloud-based software giant is known for its pioneering of remote work […]