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Top StoriesAbo Digital Commits $25M to Extended Reality Metaverse Company Spheroid Universe
TechnologySensorium Galaxy Enters Public Playtest and Lays Out Global Metaverse Vision
Research ReportsReport on Digital Assets: Renewed Emphasis Towards Utility and Institutional Adoption
TechnologyVenom Foundation and Hub71 Partner to Accelerate Growth and Adoption of Blockchain Technologies From Abu Dhabi

Galois Capital Flagship Fund to Close After Ftx Losses
Date: February 20, 2023
By Nell Mackenzie and Elizabeth Howcroft LONDON (Reuters) -Galois Capital hedge fund founder Kevin Zhou said on Monday his flagship fund would close after “losing almost half” of the fund’s money when cryptocurrency exchange FTX collapsed. Zhou’s statement, released on Twitter, confirmed a report in the Financial Times that the hedge fund had decided to...

Exclusive-Crypto Giant Binance Moved $400 Million From U.S. Partner to Firm Managed by CEO Zhao
Date: February 17, 2023
By Angus Berwick and Tom Wilson (Reuters) – Global cryptocurrency exchange Binance had secret access to a bank account belonging to its purportedly independent U.S. partner and transferred large sums of money from the account to a trading firm managed by Binance CEO Changpeng Zhao, banking records and company messages show. Over the first three...

G20 Watchdog Homes in on Decentralised Finance After Ftx Crash
Date: February 17, 2023
By Huw Jones LONDON (Reuters) – The G20’s Financial Stability Board (FSB) said on Thursday it would take steps to tackle “vulnerabilities” and data gaps in decentralised finance (DeFi) highlighted by the collapse of cryptocurrency exchange FTX last year. The fast-growing and unregulated DeFi segment offers trading, borrowing and lending in cryptocurrency assets by using...

China Telecom and Conflux Network to Pilot Blockchain Enabled Sim Card in Hong Kong
Date: February 15, 2023
Toronto, Canada, 15th February, 2023, Chainwire Today China Telecom and Conflux Network announce a partnership to bring Blockchain SIM cards (BSIM) to market. The entry-level Web3 product will be the largest blockchain hardware product ever seen globally, involving the most users and applications. China Telecom will launch the first BSIM pilot program in Hong Kong...

Reddit Aims for IPO in Second Half of 2023 – the Information
Date: February 15, 2023
(Reuters) – Social media platform Reddit Inc is looking to go public later this year, likely in the second half, the Information reported on Tuesday, citing people familiar with the matter. Reddit and other firms including grocery delivery firm Instacart are keeping their initial public offering paperwork up to date, in preparation for their debuts...

Pega Pool Announces the Official Launch of Its Eco-Friendly Bitcoin Mining Pool
Date: February 14, 2023
It is paving the way for a sustainable and eco-friendly crypto mining industry whilst giving miners a more consistent and attractive income Swanage, UK, February 14, 2023 – UK-based PEGA Pool announces the official launch of its eco-friendly Bitcoin mining pool that enables clients to offset their carbon footprint and incentivizes them to use renewable...
