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SoMee.Social secures $50M investment commitment from GEM Digital

GEM Digital Limited has committed $50 million to SoMee through a token subscription facility. The blockchain-based social media platform will use the investment to increase the liquidity of native token…

An objective review of Paxful.com

Paxful is a digital wallet service and a peer-to-peer exchange, which has users in almost 200 countries and supports more than 450 payment methods to purchase Bitcoin. It is a much-needed…

Binance says it froze Baking Bad account after law enforcement request

Binance said it had frozen the account in response to a law enforcement request. Baking Bad claims it’s been unable to contact the said law enforcement and doubts if there’s…

Eminem, Snoop Dogg to perform Bored Ape-themed ‘Otherside’ song at the VMAs

Rap legends Eminem and Snoop Dogg are bringing their Bored Ape NFTs to the 2022 VMAs thanks to a partnership between MTV and Yuga Labs, the firm behind the “Otherside”…

Cowen expands digital assets team with key crypto-native hires

Cowen has hired former Blockchain.com Head of Institutional Development Jackie Rose and ex-Coinbase VP of Digital Asset Sales Chase Campbell. The two join the investment bank’s digital assets unit Cowen…

Thailand’s SCBX scraps $500 million acquisition of Bitkub

SCBX announced its acquisition of Bitkub in November last year. The Thai Securities and Exchange Commission raised issues over Bitkub’s listing of a token last month. SCBX Pcl, the oldest…

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