Collins Adane
U.S. Bill Proposes Two-Year Ban on Stablecoins Backed By Crypto
The United States House Financial Services Committee recently unveiled a new bill that seeks to enforce a two-year ban on certain stablecoins. The bill would also pave the way for...
Bullish Sentiment Boosts Aptos (APT) Above Key Moving Average
Ali, a prominent financial analyst on Twitter, has shared some bullish insights on Aptos’ native token, APT. Ali states that Aptos has witnessed a bullish daily close above the 50-day...
Lawyer Says Settlement In SEC vs. Ripple May Be Bad For Crypto
“A settlement in the Securities and Exchanges Commission’s ongoing lawsuit against Ripple would not establish a significant precedent for the cryptocurrency industry,” claimed crypto lawyer Jeremy Hogan in a recent...
Tech Company CTO Slams Cryptocurrencies as Useless for Society
In a recent talk show with Bloomberg, US chip-maker Nvidia’s CTO, Michael Kagan, has criticized cryptocurrencies for not bringing any useful contribution to society. Instead, Kagan believes that processing power...
ARbit or Arbitrum? Traders Flock to ARB Token, Send Prices Skyrocketing
Traders in the crypto world were in for a big surprise recently as the price of ARbit’s native token (ARB) skyrocketed by an astounding 2,000%. The alleged cause of this...
Institutions Move Millions Into Crypto Ahead Of Fed Rate Decision
The highly anticipated U.S. Federal Reserve’s interest rate announcement, which is scheduled for later today, has prompted the transfer of millions of dollars. On-chain analytics firm Lookonchain recently highlighted the...
DAOs Receive Millions in Airdrop on Arbitrum Ecosystem
DAOs building applications on the Arbitrum ecosystem have received millions of dollars in a separate airdrop distribution. The airdrop distribution was based on factors such as when the protocol launched,...
Cardano’s $100 Price Tag in Question Amid Bitcoin’s Wild Bet
Despite the volatile cryptocurrency market, supporters of Cardano remain confident that the altcoin, dubbed the “Ethereum-killer,” is poised for a bullish surge toward its $100 goal. Meanwhile, cynics continue to...
Galaxy Digital CEO Mike Novogratz Says It’s Time To Buy Bitcoin
Mike Novogratz, the founder, and CEO of New York-based crypto investment outfit Galaxy Digital, recently shared his take on prime investments amid the turmoil in the traditional banking industry. Novogratz’s...
Wallet Associated With Justin Sun Makes $3.3 Million In USDC DePeg
Justin Sun, the entrepreneur behind the Tron network, reportedly made a massive profit over the past week as the turmoil in the traditional banking system hit the crypto market. Sun...
Binance CEO Changpeng Zhao Responds To CCP Affiliation Claims
Changpeng Zhao (CZ), the man behind the world’s largest crypto exchange, has responded to allegations regarding his nationality and affiliation with the Chinese Communist Party (CCP). House Democrat Stacey Plaskett,...
Bankruptcy Court Approves Core Scientific’s $70 Million Financing
Bitcoin mining firm, Core Scientific, has received the bankruptcy court’s nod to go ahead with its multi-million financing deal with B. Riley Commercial Capital LLC, a subsidiary of the middle...
Pro-Russia Groups Soliciting Crypto Donations: Report
A recent report by blockchain intelligence firm Chainalysis took a closer look at the role of cryptocurrencies in the war between Russia and Ukraine. One year into the Russian invasion...
NFT Whale Machi Liquidates 1010 NFTs Worth $17 Million
Popular NFT whale Machi Big Brother has reportedly liquidated more than a thousand NFTs from his massive collection of digital artworks over the past 48 hours. A massive sale was...
Binance.US Acquisition of Voyager Assets Faces Regulatory Opposition
Binance.US’s plans to acquire defunct crypto lender Voyager assets for $1.02 billion has hit a significant roadblock, as New York and U.S. federal financial regulators oppose the deal. The Securities...
BIS: 2022’s Crypto Crash Had Little Impact On Traditional Finance
A recent report by the Bank of International Settlements (BIS) found that the turmoil in the crypto market last year had little impact on the broader financial conditions. Market data...
Join BC.GAME’s RIO Carnival for a Chance to Win Up to $1,200,000
BC.GAME is teaming up with its brand new ambassador, Brazilian professional footballer David Luiz, to bring RIO Carnival to the community of crypto casino players. With a whopping $1.2 million...
On-Chain Sleuth Identifies $8 Million Platypus Hacker Within Hours
Popular on-chain sleuth ZachXBT has reportedly uncovered the identity of the attacker responsible for the recent exploit on Platypus Finance’s dollar-pegged stablecoin. According to a Twitter thread by the on-chain...
Nomura’s Laser Digital Ventures in Infinity DeFi Lending Protocol
The digital asset division of Nomura Holdings, Inc., known as Laser Digital, has invested in Infinity, a decentralized finance protocol for institutional lending and borrowing. According to a joint statement...
Solana NFT Platform Magic Eden Dismisses 22 Staff Members
Magic Eden, the leading Solana NFT platform, has announced the layoff of its 22 staff members. As the crypto economy continues to struggle with the harsh winter, MagicEden cited the...
Blockchain Association Files Amicus Brief in Insider trading Case
The Blockchain Association previously stated that it had submitted an amicus brief in the complaint that the United States Securities and Exchange Commission (SEC) has brought against three persons for...
dydx Community Set To Vote On 45% Reduction In Trading Rewards
The dydx community is set to begin voting on a major proposal posted on the layer 2 protocol’s governance forum. The proposal was introduced by Callen Van Den Elst, the...
UAE Bank Launches Financial Infrastructure Transformation Program
The Central Bank of the UAE (CBUAE) has launched the Financial Infrastructure Transformation Programme (FIT). The FIT Programme has included nine key digital finance initiatives aimed at the acceleration of...
NYDFS Orders Paxos To Stop Issuing Binance USD Stablecoin
The New York Department of Financial Services (NYDFS) has reportedly ordered Paxos to stop mining new Binance USD (BUSD) stablecoins. The order to stop issuing BUSD comes just hours after...
TMRW Conference Completed Its Spectacular Debut in Dubai
TMRW conference powered by 2142, the largest emerging tech event, just delivered its groundbreaking debut edition in Dubai. More than 2,000 visitors and 10,000 online viewers from all over the...
