Crypto news

Singapore Red Cross, a humanitarian aid organization, has agreed to accept donations in crypto. At this time, all those looking to give money to the Red Cross can do so through their bitcoin, ether, Tether, and USD Coin accounts. Red Cross Agrees to Crypto Donations The move is pushing the goals of bitcoin and its digital counterparts closer to being achieved. What many people likely forget is that while bitcoin and many of its crypto cousins have taken on either...

Walmart has broadened the shopping experience for its customers in the metaverse as it merges purchases in the physical and virtual worlds. American multinational retail corporation Walmart Inc (NYSE: WMT) plans to expand its metaverse strategy by allowing its customers to buy physical versions of items available for virtual home purchases. Users can now purchase the items for their physical homes as they would for their virtual homes in House Flip, a game where players can renovate and...

The lawmakers explained that companies that fail to comply with the Online Safety Bill could face penalties of up to £18 million ($22.3 million) or 10% of their annual global turnover, providing a strong incentive for adherence to these safety standards. The UK’s Parliament has approved the long-awaited Online Safety Bill, marking a significant milestone in making the internet safer for everyone, especially children. The legislation, which has evolved significantly over the years, is set...

Blockchain is arguably becoming one of the most innovative and important technological trends in the world. More Companies Are Looking to Fill Blockchain Roles A new survey conducted by Heindrick and Struggles shows blockchain positions with Fortune 500 companies and related businesses are becoming much more common. Jeff Smith – a board member for ANZ and Sonrai Security – recently commented in an interview that there are several security issues companies are...

The price of Bitcoin is still above $27k as investors and stakeholders await monetary policy announcements from regulators worldwide. The price of Bitcoin stayed above $27,000 on Wednesday as most of the largest cryptocurrencies remained barely changed for the most part. The crypto market is likely reacting to investors holding out for official monetary policy announcements from central banks around the world. Earlier, BTC was unable to scale its 50-day moving average as it met with stiff...

Grayscale’s decision to file for an Ether futures ETF comes on the heels of a significant legal victory against the US Securities and Exchange Commission (SEC). Renowned crypto asset manager Grayscale Investments recently filed for a new Exchange-Traded Fund (ETF) that will track Ethereum (ETH) futures, as reported by the Wall Street Journal. Grayscale’s Unique Approach In its previous attempt to launch a crypto ETF, Grayscale filed under the Investment Company Act of 1940. This filing,...

More than the risks to its financial reserves, and all the news about withdrawals, there is yet another reason that currently ticks off investors about Huobi. In June, Justin Sun floated a brainchild project that was targeted at crypto investors who had a knack for very high yields. Per his pitch, the project promised returns of 5% on low-risk securities like government bonds. Although there were always high expectations for the project, it may have already surpassed all. Barely two and a...

According to the DOJ, Russell defrauded at least 29 investors from the scheme of around $1.5 million. The United States Department of Justice (DOJ) has announced that Rashawn Russell, a former Deutsche Bank investment banker and registered broker, has confessed to participating in a fraudulent crypto scheme called the ‘R3 Crypto Fund’. According to the September 19 announcement, the 27-year-old financier pleaded guilty to the crime before Judge Sanket J. Bulsara at a federal court in...

Traffic on Google Maps has dropped by 40% over the last two years with the introduction of the Apple Switch as the likely reason behind this. Two years following Apple Inc‘s decision to replace Google Maps with its own app as the default service on iPhones, Google managed to recover only 40 percent of its previous mobile traffic on its mapping service. A Google executive disclosed these details during the antitrust trial involving Alphabet Inc. Michael Roszak, Google’s Vice President for...

The step into the world of generative AI seems to be part of LimeWire’s rebranding strategy. Peer-to-peer file-sharing platform LimeWire has announced its acquisition of the popular AI image generation platform BlueWillowAI. The Wednesday announcement comes after the August launch of LimeWire AI Studio, a move into the world of generative AI by a company that was widely known for its popularity in the music piracy scene before being shut down in 2011. BlueWillow was launched in January and...