Daesung Group of South Korea has entered the metaverse with the launch of a $84-million fund for firms operating in the ecosystem. According to local news outlet Newsis, the fund is the largest metaverse grant in South Korean history and will...
The Philippines’ Securities and Exchange Commission (SEC) has issued a public advisory against Hero Mining International Group for selling unregistered securities to the general public. Hero Mining has been providing Filipinos with the opportunity to profit from their investments in mining...
Nexus Mutual is seeking to exit the Maple Finance M11 Credit wETH pool, continuing the domino effect of companies embroiled in a crypto-lending liquidity crunch caused by the collapse of FTX. Nexus currently expects to lose approximately $3 million from its...
Bitcoin has long been referred to as “digital gold,” but an examination of the cryptocurrency’s performance in comparison to other assets reveals that it has yet to earn that title. One thing that is still lacking in the market is a...
The demise of the cryptocurrency exchange FTX will be remembered as one of the darkest periods in cryptocurrency history. In November, the company experienced severe liquidity issues and was unable to honor its customers’ withdrawal requests. Binance, the world’s largest cryptocurrency...