Business

To enhance ApeCoin DAO’s official NFT marketplace, custom NFT marketplace development firm Snag Solutions has begun soliciting input and suggestions from the ApeCoin community.

Toronto-based Ether Capital Corporation has released its unaudited financial report for the first quarter of 2023, detailing a decline in revenue from the previous year, but a significant increase in its digital asset holdings.

Now-defunct Canadian cryptocurrency exchange Quadriga CX has reached a settlement to compensate former users with a 13 percent payout, according to a notice to creditors issued by accounting firm Ernst & Young late Friday.

Privacy project Railgun DAO has teamed up with Chainway to add “clearance proof” capabilities for anti-money laundering and sanctions compliance.

Drug Holding & Investments, the investment arm of the Kingdom of Bhutan, has announced a partnership with Bitdeer Technologies Group.

Bitfarms, a Bitcoin mining company based in the Cuarto region of Argentina, has set a new record for its hash rate of 5 EH/s.

Sportswear giant Nike is releasing its first NFT sneaker collection on its newly launched .Swoosh platform.

Popular cryptocurrency exchange Coinbase (COIN.US ) may face a difficult wake-up call as investors’ expectations for a surge in trading volume following bitcoin’s rally to $30,000 didn’t materialize.

Camera giant Canon USA has announced plans to launch an Ethereum-based NFT marketplace called “Cadabra” later this year.

Zane Tackett, the former director of institutional sales at bankrupt cryptocurrency exchange FTX, suggested via Telegram that FTX should relaunch and offer tokens representing creditor claims.

Cryptocurrency financial services provider Paxos has announced its decision to exit the Canadian market. In an email to Canadian customers today, Paxos said, “Due to a zero balance on your Paxos account, your account will be disabled on May 9, 2023.”

Terraport, a decentralized finance (DeFi) project independently developed by the Terra Classic team under TerraCVita, was reported to have been hacked, causing all its liquidity to be exhausted.

Major U.S. banks, including Bank of America and Fidelity, increased their holdings of MicroStrategy stock on their balance sheets during the first quarter, indicating continued interest in indirect Bitcoin exposure.

SushiSwap CEO Jared Gray and his legal team stated that, to the best of their knowledge, no one associated with SushiSwap violated US federal securities laws, while assuring that they would cooperate with the US Securities and Exchange Commission (SEC) Subpoena related investigations.

Papa John’s, one of the world’s top three pizza brands, announced a partnership with OneRare to launch NFT on the Polygon blockchain for the first time.

A group of law firms led by Adam Moskowitz filed a lawsuit on behalf of “hundreds of thousands of victims” against Binance, CEO CZ and celebrities promoting the exchange in Florida, including NBA Miami Heat star Jimmy Butler.

Amazon is reportedly making final tweaks to its NFT marketplace, with at least one document suggesting it will feature digital collectibles from well-known crypto-native creators and projects like Beeple and Pudgy Penguins.

The Arbitrum Foundation had been selling ARB tokens in exchange for the stablecoin even before its governance community of token holders “approved” the organization’s nearly $1 billion budget, according to a blog post by an employee on Sunday.

Aspen Digital is pleased to announce the appointment of Elliot Andrews as the new CEO. Andrews brings extensive expertise in digital solutions and a proven track record of success to lead the company to further growth.

French luxury fashion brand Balmain announced on social media the launch of the limited edition NFT series Unicorn Phygital Wearable Collection.

Mysten Labs, the development team behind Sui, reached an agreement with the FTX bankruptcy estate on Wednesday to purchase FTX’s equity investment in Mysten Labs and Sui token warrants for $96.3 million in cash.

Both Coinbase and Huobi Global Advisory Board member Justin Sun have been charged by the U.S. Securities and Exchange Commission (SEC) in recent days.

Xapo Bank, a Bitcoin custodian and licensed private bank, has partnered with Circle to become the first licensed bank in the world to integrate the USDC payment rail as an alternative to SWIFT.

Former Coinbase CTO Balaji Srinivasan explained on Twitter that betting $1 million on Bitcoin to reach $1 million in 90 days has no profit motive.

Monerium, an authorized and regulated Electronic Money Institution (EMI), has launched a Euro stablecoin called EURe on the Gnosis Chain.

The open network information distribution protocol RSS3 will soon launch a Web3 AI open platform tailored for developers to train GPT models on chain data.

FTX, a major cryptocurrency exchange, has filed a Statement of Financial Statements (SOFA) report with the U.S. Bankruptcy Court in Delaware on March 17.

Paxos, the leading blockchain infrastructure platform, announced that it processed more than $7.9 billion in BUSD redemptions in the 32 days since it stopped minting new BUSD tokens and ended its relationship with Binance on February 13, 2023. is its USD-backed stablecoin.