Plans for a government backed non-fungible token (NFT) produced by the Royal Mint have been dropped, the Treasury has announced. Rishi Sunak ordered the creation of a “NFT for Britain” that could be traded online, while chancellor in April 2022. The Treasury announced it was “not proceeding with the launch” Read more…
The Securities and Exchange Commission issued crypto exchange Coinbase a Wells notice, warning the company that it identified potential violations of U.S. securities law. Based on discussions with the Staff, the Company believes these potential enforcement actions would relate to aspects of the Company’s spot market, staking service Coinbase Earn, Read more…
Hackers drained millions of dollars in digital coins from cryptocurrency ATMs by exploiting a zero-day vulnerability, leaving customers on the hook for losses that can’t be reversed, the kiosk manufacturer has revealed. The heist targeted ATMs sold by General Bytes, a company with multiple locations throughout the world. These BATMs, Read more…
Microsoft appears to be testing a built-in cryptocurrency wallet for Edge, according to screenshots pulled from a beta build of the browser. The feature, which the screenshots say is strictly for internal testing, was unearthed by Twitter user @thebookisclosed, who has a history of digging up present-but-disabled features in everything Read more…
On Monday, Binance said it would suspend withdrawals and deposits for anybody using UK currency. The news came after the world’s largest crypto exchange’s banking partner in the UK, Paysafe, said it was abandoning crypto, at least as far as Binance was concerned. In a statement to Gizmodo, a Paysafe Read more…
Yesterday, Starbucks sold all of its 2,000 NFT “Journey Stamps” in under 20 minutes. They were the company’s first paid collection of NFTs and were priced at $100 each. The coffee company first launched its NFT and Web3 push in December, when it opened up a new membership program called Read more…
FTX founder Sam Bankman-Fried has been under house arrest at his parents’ home on the Stanford campus since December making the elite university the unlikely host to one of America’s most notorious alleged white-collar criminals. “Surrounded by student co-ops, fraternity houses and other faculty homes, he’s the talk of the Read more…