South Korea starts Terra investigation, might summon Do Kwon
Terra’s tokens were invented by Kwon Do-hyung (aka Do Kwon), a South Korean national. Since the collapse of the two cryptocurrencies, Kwon has come up with a few plans to revive the coins but none has worked so far.
Terra Crisis: Family Bonds Shattered, Dreams Ripped Apart
Experts say that the tanking of LUNA is a black swan event, rare but plausible and investors should learn a lesson from the event.
Crypto skeptic ‘Dr. Doom’ to launch tokenized dollar replacement with payment and ESG features
This came as a surprise to the crypto community as Dr Doom is a longtime crypto skeptic who called Bitcoin “the mother of all bubbles.”
Gucci plans to expand the crypto payment policy in all stores in North America
Some of the world’s biggest brands, including Microsoft, Starbucks, and AT&T, are already accepting digital currencies.
NFT marketplace Zora raises $50m in seed funding
The round valued Zora at $600 million, and it also includes investments from Coinbase Ventures, Kindred Ventures, and more.
Global bank Citi to hire 100 people for new digital asset unit
The bank will hire 100 roles across its institutional clients group (ICG) and associated functions to develop its capabilities in these areas
Mastercard Launches Crypto-Linked Payment Cards in Asia Pacific
Cardholders can now instantly convert their cryptocurrencies into a traditional fiat currency that can be spent everywhere that Mastercard is accepted.
NFT art exhibition featuring Beeple, Andy Warhol kicks off in S’pore Le Freeport
NFTs have various advantages, such as helping to verify provenance, and potentially allowing artists to get resale royalties
Amitabh Bachchan’s NFT collections cross half a million dollars on Day 1 of bidding
The auction recorded massive traction with millions joining from across the world within 24 hours
Hong Kong, China, Thailand and UAE explore new uses of ‘mBridge’ digital currency project, including securities settlement
Beijing is exploring digital yuan cross-border payments by joining with Hong Kong, Thailand, UAE and the Bank of International Settlements