Coinbase chief legal officer Paul Grewal has disclosed letters from the Federal Deposit Insurance Corporation (FDIC) to banks throughout 2022, urging them to halt or avoid crypto-related activities.
The letters, which date back to March 11, 2022, have been dubbed āpause lettersā due to their repeated recommendations to suspend or refrain from engaging in crypto services.
FDIC concerns
The FDIC letters cited various concerns, including the agencyās...
Pump.Fun has restricted access to users in the UK days after receiving a regulatory warning from the countryās financial watchdog.
The decision comes after a Dec. 3 warning from the UKās Financial Conduct Authority (FCA), which flagged the Solana-based memecoin launchpad for potentially offering financial products without authorization.
In compliance with UK regulations, Pump.Fun updated its terms of service on Dec. 6 to exclude British users....
Venture capital (VC) funds invested over $659 million in crypto startups last month, representing a 3% increase compared to August, according to DefiLlama data.
The...
Binance has announced the upcoming release of āMoonbix,ā a new play-to-earn (P2E) game on Telegramās Mini App, according to a Sept. 17 post on...
Blockchain gaming has reached a new milestone with 4.2 million daily active users in August, according to a recentĀ DappRadarĀ report.
The web3 gaming industry saw a...
For many years, blockchain gaming remained in the foregrounds of other Web3 novelties, until in 2024 its potential was finally recognised.Ā
To explain the reasons...
PixelRealm, a Web3 gaming ecosystem, has partnered with Neon EVM to enable Ethereum-based games on Solana without the necessity of recoding. This means that...
