Economy

In an unexpected turn of events, the American social networking giant, Reddit, has decided to shut down its revolutionary blockchain-based Community Points reward system. This decision has sent shockwaves through the crypto and online communities, many of whom had viewed Reddit's foray into blockchain as a significant endorsement of decentralized

A comprehensive look into Meitu's recent decision to distance itself from cryptocurrency investments. In a recent and somewhat unexpected revelation, Meitu's Senior Investor Relations Manager, Kang Yicong, announced that the renowned tech company would be distancing itself from cryptocurrency investments. The statement from Kang further explained that Meitu had halted

The past few years have witnessed an unprecedented surge in the realm of digital assets. While Bitcoin continues to be the frontrunner in this revolution, its inherent challenge has always been scalability. However, recent developments in the Bitcoin Lightning Network seem to suggest that the solution to this challenge is

One of the largest crypto heists was halted in its tracks, not by law enforcement or a major financial institution, but by the quick thinking of a consultant. Kumanan Ramanathan, a consultant from Alvarez & Marsall and an advisor to the crypto exchange FTX, single-handedly put a stop to the

TALLINN, Estonia — In a shocking revelation, cryptocurrency companies operating out of Estonia have been implicated in money laundering activities totaling up to €1 billion since 2017. Moreover, investigations have uncovered that these entities played a pivotal role in bypassing international sanctions imposed on the Russian Federation. A thorough probe into