Cryptocurrency
Crypto Venture Capital Surpasses $1 Billion Mark for Second Consecutive Month
Crypto venture capital consistently surpasses $1 billion monthly, signifying sustained market expansion. Blockchain infrastructure firms lead in funding, followed by decentralized finance protocols, highlighting sector…
FTX Files Amended Reorganization Plan, Assures Full Reimbursement
FTX files Reorganization Plan, assuring that all its customers will receive at least the amount lost during the exchange’s fall. 98% of FTX creditors are…
LocalMonero and AgoraDesk Shut Down: Users Urged to Reclaim Funds
The team behind LocalMonero and AgoraDesk announces the platform’s closure. The platforms cite internal and external factors as the driving forces behind the closure. The…
Nigeria Set to Ban Peer-to-Peer Crypto Trading Amid Naira Depreciation
Nigeria plans to ban Naira peer-to-peer transactions. The SEC Director General signals forthcoming regulations for crypto exchanges. Naira’s recorded a 65% value loss against the…
Arthur Hayes Nets $4,916,006 Profit from Investing in PENDLE Tokens
Arthur Hayes records a $4 million profit from his Pendle investment. Hayes' Pendle holdings are now valued at $8 million, doubling his initial outlay. Hayes…
Australian Court Convicts BPS Financial for Unlicensed Crypto Operations
Australian court finds BPS guilty of unlicensed crypto operations with Qoin Wallet. BPS is guilty of misleading marketing, selling over $40 million in Qoin Tokens…
South Korea Excludes Cryptocurrencies from Donation Legislation Update
South Korea's exclusion of cryptocurrencies in donation laws contrasts with global trends, potentially limiting charitable innovation. Amended donation legislation reflects South Korea's push to modernize,…
Ripple vs. SEC: Reply Brief Due May 6 as Climax Builds
The SEC is preparing to submit its reply brief on May 6, following Ripple's recent filing on April 22. Ripple countered the SEC's allegations in…
Heir to Cartier Apprehended for Laundering Money Using USDT
The DoJ has arrested Maximilien de Hoop Cartier, a direct descendant of Louis Cartier. Cartier was arrested in Miami, where he allegedly worked with a…
Crypto Gains Are Not Spent on Luxury, Researchers Unveil
In a recent paper, a group of researchers studied the impact of crypto gains on the American economy. The study unveils that the crypto gains…
