Japan’s MUFG to Launch Bank-Backed Stablecoins on Numerous Public Blockchains
Progmat Coin will facilitate the issuance of bank-backed stablecoins on various public blockchains, including Ethereum, Polygon, Avalanche, and Cosmos
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OpenAI CTO’s Twitter hacked, posts fake crypto airdrops
The website shared in the compromised tweet mimicked the layout and design of a legitimate project named ChainGPT.
Investment bank TD Cowen Closes Crypto Unit Cowen Digital
The bank established Cowen Digital in March 2022 to provide institutional clients with access to the crypto market
Gemini to seek UAE crypto license as regulatory hostility in US spikes
The Winklevoss twins stated that the move was triggered after experiencing "hostility and a lack of clarity" on crypto regulation in the US.
Blockchain firm Nansen lays off 30% of staff, cites harsh market conditions
CEO stated that Nansen's rapid expansion during its initial years resulted in the company diversifying its operations beyond its core focus.
Crypto Exchange MoonXBT halts operations amid harsh market conditions
MoonXBT cited sited sluggish market conditions as a reason for ceasing operations
Crypto Exchange TrigonX to relaunch after FTX-induced collapse
Matteo Salerno, the company director, expressed that relaunching the exchange under this arrangement would result in a more favorable outcome for creditors compared to liquidation.
Bali Government Cracks Down on Tourists using Crypto Payments, Issues Warning
The Governor stated that strict measures would be implemented, ranging from deportation and administrative sanctions to criminal penalties and the closure of business premises.
Singapore’s Temasek Takes Accountability for FTX Investment Loss, cuts salaries of staff involved
After FTX's collapse, Temasek wrote off its entire investment, which amounted to $210 million for FTX International and $65 million for FTX.US.'
Hong Kong Police launches CryberDefender Metaverse Platform to educate youth
To enhance the digital literacy of the younger generation, the Police plans to organise public educational initiatives through CyberDefender Metaverse platform.