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Digitalization won’t displace commercial bank money any time soon: Moody’s

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Even as digitalization increases, the commercial bank’s place in the economy is solid and will be supported by some new forms of money, the credit rating agency says.

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Coin Market

US federal court dismisses lawsuit against DeFi platform PoolTogether

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The DeFi community funded the protocol’s legal defense through a $1.4 million nonfungible token sale in 2022.

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Coin Market

Polygon president testifies on democratizing the internet with Web3, blockchains

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The House Committee explores blockchain and Web3’s future, as industry leaders testify on democratizing the Internet and regulatory challenges.

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GameStop fires CEO Matt Furlong months after axing crypto push

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The executive, once instrumental to the company’s NFT efforts, was “terminated” amid lackluster Q1 earnings.

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