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Crypto News
Disney Spends $1.5 Billion on Epic Games to Develop Fortnite-Related Virtual World
A new, fully immersive virtual world based on Fortnite is in the works, thanks to a partnership between Disney, the entertainment behemoth, and Epic Games, the video game developer.
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The Solana Foundation and the Abu Dhabi Free Zone Join Forces to Promote Web3
On Wednesday, ADGM and the Solana Foundation announced their intention to collaborate on blockchain ecosystem development.
The two organizations have joined forces to advance blockchain!-->!-->!-->…
Thailand exempts cryptocurrency gains from value-added tax
According to reports from the local media, the Ministry of Finance has eased regulations by removing the necessity to pay a value-added tax of seven percent on profits made from trading!-->…
The United Kingdom maintains its stance on stablecoin and is pushing for strict crypto regulation
The UK has strategically pushed out the deadline for comments on the BOE discussion paper on stablecoin regulation. As part of a larger effort to provide a thorough regulatory framework for!-->…
MicroStrategy acquires $8 billion worth of bitcoin
MicroStrategy has 190,000 BTC in its Bitcoin holdings, which is more than $8 billion. Gaining 850 BTC in January was a smart move that increased its cryptocurrency holdings.
Buying an!-->!-->!-->…
Helix introduces the Japanese Yen on-chain system
There will be a 1:1 backing of the tokenized yen by the actual yen of Japan. Today, the Japanese yen will be added to the blockchain in a tokenized form.
One of the first exchanges to!-->!-->!-->…
Yellen Will Speak Before Congress About Crypto Risks
A warning from U.S. Treasury Secretary Janet Yellen on the dangers of stablecoins and cryptocurrencies to the nation's financial stability is going to be sent to Congress.
The possible!-->!-->!-->…
HyperVerse founder promotes new cryptocurrency venture only hours after $1.7B fraud accusation
Just hours after the US charged HyperVerse crypto pyramid scheme operator Sam Lee with misappropriating $1.7 billion in investor cash, Lee continued to promote crypto ventures online.
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The FTX Bankruptcy Uncertainty Regards the Lucrative Fees of the Legal Team
Despite having $175 million in FTX accounts, Genesis Global Capital insisted that these funds had no impact on its market-making operations.
According to John Reed Stark, a former US!-->!-->!-->…
South Korean FSC will evaluate crypto executives during hiring
For further openness, the South Korean FSC suggests keeping tabs on the whereabouts of crypto companies' top executives.
In an effort to increase openness in the cryptocurrency market,!-->!-->!-->…