The decentralized social media platform, Friend.tech, has reversed its decision to migrate from the Coinbase-managed Layer 2 network, Base, to its blockchain, named Friendchain. Initially, this decision was driven by a partnership with blockchain infrastructure provider Conduit and aimed to implement the decentralized social media …

The Securities and Exchange Commission (SEC) has charged Silvergate Bank, once a major player in the cryptocurrency financial sector, for defrauding its investors. The bank is accused of misleading investors about its anti-money laundering controls and the potential impact of the collapse of FTX on its …

Polymarket, the decentralized prediction market platform, has experienced a significant increase in trading volume, with bets totaling $200 million placed on the outcome of the US Presidential Election. Many high-influencing personalities as well as non-residents have rushed to the platform, marking keen interest in the …