Metaverse
US metaverse market to soar to $110B by 2028, fueled by Gen Z, Alpha usage
With a 37% CAGR, the U.S. is on track to shape a massive metaverse economy enhanced by AI, AR, VR, web3, and 5G innovation.
Liam 'Akiba' Wright 3 min read
North America News
Coverage footprint 25.5%
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Top North America Stories
Bankruptcy
FTX seeks court approval to slash US IRS’s $24B claim to zero
FTX said the IRS claims are far from reality after it previously reduced the claim by $20B.
AI
Sam Altman retakes OpenAI helm with a reshaped board featuring Microsoft visibility
Microsoft has secured a non-voting observer seat on OpenAI's new board.
Latest North America Crypto News & Analysis
Bankruptcy
FTX approved to liquidate $744M in Grayscale assets to pay creditors
The bankrupt exchange has spent almost a year unraveling the complex web of poorly documented trades and transactions that precipitated its collapse in November 2022.
ETF
Swiss asset manager Pando Asset joins list of spot Bitcoin ETF applicants
Despite a competitive market, Pando Asset aims to establish a spot Bitcoin ETF with BNY Mellon and Coinbase as partner institutions.
Analysis
U.S. reclaims dominance in Bitcoin market despite supply shift
Shift in Bitcoin's supply and price influence points to a concentrated U.S. market power.
ETF
BlackRock adjusts proposed spot Bitcoin ETF structure to allay SEC concerns
BlackRock has revamped its ETF redemption model to mitigate against market manipulation and other regulatory sticking points.
Regulation
U.S. Treasury sanctions Sinbad mixer, citing money laundering by North Korea’s Lazarus Group
As the Treasury Department delivers on recent promises to aggressively pursue malfeasance in the crypto sphere, the DPRK is emerging as a common culprit.
Regulation
Ripple CTO David Schwartz calls for legislative action to clarify crypto regulations
Schwartz said that courts alone cannot create a balanced approach to regulating digital assets without legislative input from Congress.
More North America Crypto News Headlines
Investments
Wormhole secures record $225M funding, spins off into Wormhole Labs for cross-chain expansion
Legal
Jump Crypto allowed to submit certain info confidentially in SEC’s case against Terraform Labs
Regulation
SEC advances decision process on Franklin Templeton’s Bitcoin ETF application
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