Binance will support the development of the blockchain ecosystem in the South Korean city of Busan.
The South Korean city of Busan is receiving assistance from Binance to "grow crypto adoption within the city and beyond." The development of the...
Cyprus grants a cryptocurrency license to British fintech Revolut.
Cyprus has given the U.K.-based digital bank Revolut permission to offer cryptocurrency services to millions of customers on the European continent. According to the...
Jamie Dimon, CEO of JPMorgan, issues a warning that “Something Worse” Than a Recession Could Be Coming
Jamie Dimon, CEO of JPMorgan, has provided his economic forecasts for the United States, which include the possibility of "something worse" than a recession....
Asian Universities Will Receive $20 Million From the Korean Blockchain Project Klaytn for Blockchain Research.
South Korea's SEOUL Blockchain protocol Klaytn has committed $20 million over four years to support blockchain development and funding at the National University of...
Bloomberg’s Hong Kong partner is being sued for defamation by Binance CEO.
Changpeng Zhao, the CEO of Binance, filed a defamation lawsuit against Modern Media CL., the publisher of Bloomberg Businessweek in Hong Kong, on Monday. The lawsuit stemmed from a title of a translated article in Chinese that claimed Zhao was the head of a "ponzi scheme."
The lawsuit is related to Zhao's profile in Bloomberg Businessweek's article "Can Crypto's Richest Man Stand the Cold?" from June 23.
But in Hong Kong, Businessweek's local publisher Modern Media CL used a different headline with the intention of inciting "hatred, contempt, and ridicule" for Zhao Changpeng, the world's richest crypto billionaire: "Zhao Changpeng's Ponzi Scheme," according to Zhao's representative.
Zhao demanded a retraction, a restraining order to prevent the defendants from spreading the portrayal further, and the removal of the edition from newsstands;...
Mark Zuckerberg’s announcement of the Metaverse Digital Wallet led to Meta ending its cryptocurrency project Novi.
The downfall of the cryptocurrency project Novi has been announced by Meta Platforms, formerly Facebook. It is suggested that users withdraw money as soon...
