A recent press release revealed that a Federal grand jury charged three former executives of Cred LLC, a San Francisco-based financial services firm that filed for Chapter 11 bankruptcy in...
Justin Bons, the Founder of the crypto research platform Cyber Capital, criticized SUI’s centralized control, highlighting that almost 84% of the staked supply is under the control of its founders....
Michael Saylor, the Executive Chairman of MicroStrategy, the largest public holder of Bitcoin, spotted Bitcoin as the best crypto asset ever, with no other second-best asset. In a keynote address...
Fantom, a Layer 1 blockchain network, has initiated establishing a “safer memecoin” space to become part of the vast $50 billion memecoin sector. The blockchain network plans to reserve $6.5...
In an official blog dated May 2, American hedge fund Pantera Capital announced its first investment in The Open Network (TON). Though the amount is undisclosed, the platform has shared...
Prominent crypto analyst Michael van de Poppe acknowledged Polkadot as a “promising Layer 1 Blockchain outside of Ethereum.” In his recent X post, van de Poppe shared insights on Polkadot’s...
MicroStrategy, the largest corporate holder of Bitcoin (BTC), has recently announced the launch of MicroStrategy Orange, a decentralized identity solution using the Bitcoin blockchain. The platform introduced MicroStrategy Orange during...
According to a recent Bloomberg report, Terraform Labs and its founder, Do Kwon, challenged the huge $5.3 billion penalty proposed by the Securities and Exchange Commission (SEC) in the lawsuit....
The Federal Reserve is expected to hold the interest rate unchanged at the two-decade high of 5.25% to 5.5% after the Federal Open Market Committee (FOMC) meeting. While the two-day...
Binance Founder Changpeng Zhao, once considered the most powerful figure in the crypto world, was sentenced to four months in prison for violating anti-money laundering rules. In a Tuesday hearing,...
House Financial Services Committee Chairman, Rep. Patrick McHenry, recently criticized Securities and Exchange Commission (SEC) Chair Gary Gensler for misleading Congress on the classification of Ether as security. He stated...
Fund management company ChinaAMC has reportedly exhibited a remarkable IOP (initial offering period) scale, totaling approximately US$142 million. As per Chinese crypto reporter Colin Wu’s X post on Wu Blockchain...
In an official post, HashKey Group, a digital asset financial services group in Asia, announced its strategic collaboration with GreenBTC.Club. The alliance envisions the launch of the “Bitcoin ETF Greening...
In a recent move, self-described Bitcoin development company MicroStrategy (MSTR) has accumulated an additional 122 BTC for $7.8 million. According to a recent X post shared by Founder Michael Saylor,...
In a recent revelation, the BRICS consortium, comprising major powers including Brazil, Russia, India, China, and South Africa, has announced its plans to launch a stablecoin for international settlements. The...
XRP recedes to $0.5075 on April 29, 2024, when the Ripple-XRP legal war takes a significant turn. While Ripple’s XRP dipped slightly by 2.91% over the last 24 hours, the...
OKX Jumpstart, a leading centralized exchange (CEX), has recently introduced RUNECOIN (RSIC•GENESIS•RUNE) on the platform. As per the official announcement dated April 29, 2024, OKX Jumpstart will commence RUNECOIN mining...
Solana co-founder Raj Gokul shares his positive stance on memecoins, stating that they scare away serious builders. Gokul slyly targets Ethereum founder Vitalik Buterin, indicating the rivalry between Solana and...
50+ Beribit customers claim for customer funds arguing that they were unable to withdraw their money. Reports state that these customers were given only promises and chocolates instead. State Duma...
The Federal Deposit Insurance Corporation (FDIC) declared the closure of Republic First Bank sparking debate among the crypto community. While the Pennsylvania Department of Banking and Securities seized the Philadelphia-based...
Recent reports revealed a subsequent decline in the Japanese Yen, keeping investors anxious. While the Yen dropped to a multi-year low, SBI CEO Yoshitaka Kitao’s previous statement on the potential...
Benchmark reports that MicroStrategy could qualify for S&P 500 inclusion if the firm adopts new accounting standards. The report also forecasts a gain of $300 per share in the first...
Changpeng Zhao, the former CEO of Binance, wrote a letter to the U.S. Judge from the Western District of Washington, Richard A. Jones, conveying apologies for his conduct ahead of...
A recent report revealed Morgan Stanley’s plans to explore the expanding Bitcoin exchange-traded funds (ETFs) market. The firm reportedly plans to allow its 15,000 brokers to encourage customers to purchase...
A recent survey released by KPMG in Canada and the Canadian Association of Alternative Assets and Strategies (CAASA) has revealed increasing crypto adoption in Canada. Embracing a better regulatory framework,...