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The UK government’s Insolvency Service has shut down a crypto advisory firm for accounting negligence and the loss of investors’ money.  The advisory firm seemingly claimed to help users with investments while promoting crypto schemes that…

The South Korean tax body, the National Tax Service (NTS), has announced it has liquidated previously frozen crypto worth more than $800,000. In a press conference held at its Seoul headquarters on May 14, the NTS exhibited some of the…

OpenAI co-founder and chief scientist, Illya Sutskever, said he’s leaving OpenAI for a “personally meaningful” project with research director Jakub Pachocki now moving into the role of chief scientist.Ilya Sutskever, the co-founder and…

OKX Ventures, a Crypto and Web3 investment fund, recently backed the action role-playing game Blade of God X, developed by Void Labs. While the game itself is free, engaging with its blockchain components may necessitate payments or wallet…

Spot Bitcoin exchange-traded fund (ETF) inflows have surged to a two-week high as the underlying asset pumped 7% on key US inflation data. Inflows for spot Bitcoin ETFs in the United States soared to $303 million on May 15 amid a big…

Vijay Chetty becomes new CEO after Neel Somani, the founder and former CEO of Eclipse Labs, stepped down after sexual assault allegations recently surfaced.Eclipse Labs appointed its former Chief Growth Officer, Vijay Chetty, as its new…

Chinese authorities uncovered a significant underground banking case involving a staggering $2B USDT money laundering operation.Chinese law enforcement agencies have announced a breakthrough in their fight against illegal financial…

Solana (SOL) price skyrockets nearly 15% and might continue to rise if it clears the $165 resistance. Solana started a fresh increase above the $150 resistance.SOL price recovered higher and tested the $162 resistance against the US…

Futures exchange giant, CME Group, is set to make a foray into Bitcoin spot trading.According to a Thursday report by the Financial Times, Chicago-based futures exchange CME Group is on track to launch Bitcoin spot trading due to growing…

Kucoin has joined the list of Crypto Exchanges suspending Naira Peer to Peer (P2P) trading on their platforms as Nigerian authorities tighten the noose on Crypto entities both local and foreign operating in the country. The move comes three…