FTX Files Lawsuit Against Hedge Funds for Spurious Investment
In a bid to recover as many assets as possible and potentially even reboot FTX, the bankrupt exchanges’…
Bitcoin remains stable at $30k as Ethereum sees minor pullback
Bitcoin Holds Stable Around $30k, Ethereum Sees Minor Retracement Bitcoin remained above the $30,000 level on Friday, as…
Weekly Update: Ethereum, Ripple, Cardano, Dogecoin & Shiba Inu Prices Surge
This week, cryptocurrency investors witnessed a surge in prices of some of the most popular digital coins, including…
Regulating Crypto Conglomerates Requires International Cooperation, Says Bank of France Governor
Regulating Crypto Conglomerates Requires International Cooperation, Says Bank of France Governor The head of the central bank of…
Bitcoin Dominance Jumps as Altcoins Stumble
BTC Dominance Soars as Altcoins Stumble The dominance of Bitcoin on CoinMarketCap (CMC) has crossed the 48% mark,…
Crypto Exchanges Adapt and Overcome Following FTX Collapse
Exchanges like Bybit, Kraken, and Bitget have boosted their trading volumes during the first half of 2023 following…
JPMorgan Talks About Future of US Dollar Amid China’s Rise
JPMorgan’s strategists have explained that even if China overtakes the U.S. as the world’s largest economy around 2030,…
BTC and Altcoins Plummet after Fed Halts Key Interest Rate Hikes
Bitcoin took a sharp turn south shortly after the US Fed’s announcement about pausing interest rate hikes, dropping…
Bittrex Receives Withdrawal Approval From Judge Shannon
The US Affiliate of Bittrex, the cryptocurrency platform, is reportedly going to allow user withdrawals from June 15.…
Lama Launches Visa Cards for Crypto Asset Spending
European crypto exchange Lama has introduced Visa cards that allow users to spend their crypto assets and convert…
Emerging Tokens Bucking the Bear Market After SEC’s Action Against Binance and Coinbase
The SEC’s lawsuit against Binance and Coinbase has cast a negative outlook on the crypto market, with Binance…
Sam Bankman-Fried blocks new charges in indictment
In a temporary respite for Sam Bankman-Fried, the disgraced founder of now-bankrupt cryptocurrency exchange FTX was able to…
TRON Unveils New Mission, Vision, and Values
TRON Unveils New Mission, Vision, and Values at Annual Internal Conference TRON’s New Goals and Vision Last June…
A16z to Expand to London to Take Advantage of Friendly Regulatory Environment
A16z, a tech-focused venture capital company, has announced that it will open its first office in London to…
Coinbase Awaits Regulatory Clarity as SEC Requests More Time to Make Decision
Crypto exchange company Coinbase has been waiting for regulatory clarity for its petition for better cryptocurrency regulation since…
BRICS Bank President Rousseff Calls for Direct Liquidity to Global South Countries
BRICS Bank President Rousseff Calls for Direct Liquidity to Global South Countries Dilma Rousseff, president of the New…
Bitcoin Stabilizes at $26K While Altcoins Turn Green
Bitcoin Stabilizes at $26K While Altcoins Turn Green After a period of enhanced volatility, Bitcoin has finally stabilized…
Coinbase CEO Reveals Standstill in SEC Negotiations
Brian Armstrong on the SEC’s Enforcement Actions Something Shifted About a Year Ago: Coinbase CEO Brian Armstrong Brian…
JP Morgan Agrees to Pay $290 Million Settlement to Epstein Victims
JP Morgan has agreed to pay $290 million to settle a class-action lawsuit from the victims of Jeffrey…
NFT Sales Follow Crypto Market’s Nosedive
This Week’s NFT Sales Follow Crypto Market’s Nosedive After several weeks of consecutive gains, sales of non-fungible tokens…
The Divergence Between Tether and USDC and the Impact of America’s Crypto War on Crypto Market Outlook
The Divergence Between Tether and USDC: Tether in circulation has reached an all-time high of $83.36 billion, as…
HeartX Launches Open Beta for Its Web3 Art NFT Marketplace and Community
HeartX Launches Open Beta for Its Web3 Art NFT Marketplace and Community New Features in the Open Beta…
CFTC Lawsuit Could Define Legal Status of DAOs in the United States
On June 9, 2023, the Commodity Futures Trading Commission (CFTC) declared victory in a lawsuit against Ooki DAO,…
Regulatory Uncertainty and the Flight of Bitcoin to International Exchanges
Regulations surrounding the use of Bitcoin (BTC) in the United States have been unclear for some time now.…
Economist Predicts New BRICS Currency Could Weaken the Dollar Role in Payments
Jim Rickards, an economist and the author of “Currency Wars,” has predicted the unveiling of a new BRICS…
Revolutionary Step Towards Affordable and Easy NFT Creations with ChainGPT AI NFT Generator
The ChainGPT AI NFT Generator: A Revolutionary Step Towards Affordable and Easy Creations of NFT Collections Introducing the…
TRON DAO Reveals HackaTRON Season 4 Results
The Results of HackaTRON Season Four Competition are In! The TRON DAO team recently announced the results of…
Why Coinbase CEO Brian Armstrong is Confident in Winning the SEC Lawsuit
Why Coinbase CEO Brian Armstrong is Confident in Winning the SEC Lawsuit A Chance to Win Clarity Coinbase…
SEC Files Lawsuit Against Coinbase for Violating Securities Laws
The Securities and Exchange Commission (SEC) has filed a lawsuit against Coinbase, the leading US-based cryptocurrency exchange and…
Next Block Expo 2023 in Warsaw: Championing the Web 3.0 Ecosystem
The Rise of Web 3.0 Ecosystem: Recap of Next Block Expo in Warsaw Impressive Results at NBX 2023…
Japan Blockchain Week 2023: Showcasing the Innovative Power of the Japanese Blockchain Industry
The Japanese Ministry of Economy, Trade and Industry (METI) has confirmed its support for Japan Blockchain Week 2023,…
Central Bank of Kenya Still Monitoring CBDC
The Allure of Central Bank Digital Currencies (CBDC) is Known to the Central Bank of Kenya (CBK) but…
Do Kwon Approved for Bail by Basic Court of Podgorica
A Co-founder of Terraforms Labs, Do Kwon, who was accused of document forgery allegations, has been reapproved for…
Atomic Wallet Hack Results in $35 Million Plus in Losses
The week started on a grim note following the large-scale theft of digital assets from Atomic Wallet users…
Crypto and Economic News in Latin America: Bitcoin Mining in Uruguay, De-Dollarization in Brazil and Argentina
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last…
Bitmex’s Former CEO Arthur Hayes Predicts Bitcoin Bull Market Due to U.S. Economic Variables
Former CEO of Bitmex, Arthur Hayes, has predicted the coming of a bitcoin bull market in the last…
Dapp Growth Continues Despite DeFi Decline
Decentralized application industry grows by 9.97% in May, reaching an average of 1,967,051 daily unique active wallets, according…
Silvergate Bank Ordered to Submit Self-Liquidation Plan Within 10 Days
In a recent press release from the U.S. Federal Reserve Board of Governors, it was disclosed that Silvergate…
Pink Moon Studios Launches Web3 Game ‘KMON: World of Kogaea’
PINK MOON STUDIOS UNVEILS NEW BLOCKCHAIN-ENABLED GAME ‘KMON: WORLD OF KOGAEA’ Pink Moon Studios: Innovating the Web3 Gaming…
OPNX Exchange Releases Whitepaper for New Token ‘OX’
OPNX Releases Whitepaper for New Token ‘OX’ The cryptocurrency bankruptcy claims exchange, OPNX, founded by Su Zhu and…
Gemini to Expand Presence in UAE with Acquisition of Crypto License
The Winklevoss-led crypto exchange Gemini has announced that it is acquiring a crypto license to serve customers in…
Tether Market Cap Skyrockets to $83.23 Billion, Breaking Previous May 2022 Record
Tether, the stablecoin issuer, broke its previous all-time market capitalization record on June 1, 2023, with a market…
Revolutionizing the Online Hold’em Experience with House of Poker
Massive Gaming, in partnership with Neowiz and IntellaX, is excited to announce the upcoming release of House of…
Buying a Bank Not the Ultimate Solution for Binance and the Crypto Market Players
Why acquiring a bank may not solve the issues faced by Binance or other crypto industry players is…
Brazil President proposes South American Union and shifting away from US dollar
Brazilian President Luiz Inacio ‘Lula’ Da Silva has proposed uniting all countries in South America through the Union…
MetaZone Platform Pioneers META and the Metaverse Enabled Tokenized Applications
MetaZone has completed a US$3 million seed round co-led by industry leaders Sfermion and CMT Digital, with participation…
The Coinbase CEO Urges Policymakers to See the Bigger Picture with Crypto
The Urgent Need for U.S. Policymakers to Embrace Crypto Coinbase CEO Brian Armstrong wrote in a recent opinion…
Blockchain Gaming Market Predicted to Reach $301.53 Billion Market Cap by 2030
The Blockchain Gaming Market Predicted to Reach a $301.53 Billion Market Cap by 2030 Entertainment Market to Transition…
Bali Imposes Strict Penalties on Foreign Tourists Using Cryptocurrency
The Bali provincial government is imposing strict penalties on foreign tourists using cryptocurrency as a means of payment…
Bitcoin Drops After Weekend Surge, Altcoins Calm Except for Ripple and Lido DAO
Bitcoin experienced a surge over the weekend, reaching its highest value in three weeks at nearly $28,500, but…
Survey reveals poor reputation for FTX and Bitcoin in visible brands list
FTX and Bitcoin’s Reputation Woes Highlighted in Visible Brands Poll A recent survey conducted by Axios and Harris…
Russian Government to Regulate Crypto Exchanges to Bypass Sanctions Restrictions
The Russian government is shifting its focus on the establishment and operation of crypto exchanges and intends to…
Steve Aoki’s Twitter Account Used for Crypto Phishing Scam Leading to $170K Loss
The Twitter account of American music producer and DJ Steve Aoki has been compromised and used to conduct…
Bitcoin and Ethereum Witness Slight Rebound After Recent Lows
Bitcoin and Ethereum witness slight rebound after recent lows Bitcoin Bitcoin (BTC) rose slightly higher on Friday, as…
ChatGPT AI’s Insights on the Future of Meme Coins
Meme coins like Dogecoin, Shiba Inu (SHIB), and most recently – PEPE Coin have made their mark in…
CoinEx Exchange Sponsors Bitcoin 2023 Conference
PRESS RELEASE. Miami, Florida/ Bitcoin 2023, a three-day bitcoin conference held in Miami Beach, Florida, has concluded, bringing…
South Korean Lawmakers Propose Crypto Disclosure Bill Amid Opposition Lawmaker Scandal
A new bill proposing that South Korean lawmakers, public officials and candidates must disclose their cryptocurrency holdings has…
Bitcoin Faces Major Resistance at $27,500 and Altcoins Turn Red
Bitcoin Faces Major Resistance at $27,500 and Altcoins Turn Red BTC Stopped at $27.5K Bitcoin has experienced a…
Hoskinson labels Ethereum Classic a scam at POW Summit
Charles Hoskinson, co-founder of the Cardano blockchain, has labeled the decentralized computing platform Ethereum Classic (ETC) a scam…
Tornado Cash Hack: Governance Compromised, $2.1M TORN Token Stolen
Popular Crypto Mixer Tornado Cash Hacked, Governance Compromised, and $2.1M TORN Token Stolen Attacker Gains Control An attacker…
Securities Commission Malaysia Accuses Huobi of Running Unauthorized Crypto Exchange
The Securities Commission Malaysia (SC) has allegedly accused Huobi and its CEO Leon Li of running a cryptocurrency…
Bitcoin Pizza Day Celebrates 13th Anniversary
Reflecting on the astronomical growth of Bitcoin as both a store of value and a means of payment,…
Biden Stresses He Will Not Protect Wealthy Tax Cheats and Crypto Traders While Putting Food Assistance at Risk
Biden on Budget Negotiations: I’ve Done My Part U.S. President Joe Biden provided an update on the U.S.…
FTX Sues Former Executives for Spending FTX Group’s Funds on Embed Acquisition
FTX, FTX.US, and Alameda Research have taken legal action against former executives Sam Bankman-Fried (SBF), Nishad Singh, and…
Ripple Acquires Swiss-based Crypto Custody Provider Metaco
Ripple continues to expand its enterprise offerings by acquiring Metaco, a Swiss-based crypto custody provider, for $250 million.…
Hong Kong Monetary Authority Starts Pilot Program for e-HKD
The Hong Kong Monetary Authority (HKMA) has announced the commencement of its e-HKD pilot which “will take deep…
OpenAI Launches Free-to-Use iOS App for ChatGPT AI Chatbot
OpenAI, the American artificial intelligence research laboratory has launched an iOS app for ChatGPT, built on GPT-3.5. The…
Hyperspace Partners with Mysten Labs to Expand onto Sui Blockchain
Hyperspace, the pioneering NFT marketplace, has announced a partnership with Mysten Labs to help bring Hyperspace onto the…
Australian Bank Bars Its Customers From Using Binance Amidst Scam Concerns
Australian Bank Bars Its Customers From Using Binance Westpac Takes Action Against Binance Amidst Scam Concerns Australian bank…
Brazilian President Abandons US Dollar Import Parity Peg with New Petrobras Fuel Pricing Policy
Brazilian President Luiz Inacio ‘Lula’ da Silva has announced the establishment of a new price policy for fuel and oil derivates in the country on Tuesday, breaking away from the import parity for prices pegged to the US dollar.
Bankrupt Crypto Lending Platform Faces Customer Fury Over Plan to Repay Just 36% of Funds
Bankrupt crypto lending platform Voyager Digital has received court approval to begin repaying its customers’ long-trapped money. However,…
Tether Announces Intention to Use 15% of Profits to Buy Bitcoin
Tether, the stablecoin enterprise, has revealed its intention to devote 15% of its profits to bitcoin. The firm’s…
Russian Tax Administration to Regulate Crypto Industry
Russia’s tax administration is going to be tasked with overseeing the crypto industry in the country, a high-ranking…
EU Council Unanimously Approves the Markets in Crypto-Assets (MiCA) Regulation
The Economic and Financial Affairs Council of the European Union unanimously favored the Markets in Crypto-Assets (MiCA) regulation…
US DOJ Targets Crypto Exchanges for Money Laundering
DOJ to Target Mixers and Tumblers According to Eun Young Choi, the head of the crypto unit at…
Judge Denies SEC’s Request to Seal Documents Related to Hinman’s Speech
In the latest development in a long-running court case, Judge Analisa Torres has denied the SEC’s request to…
Optimism Set to Release Bedrock Upgrade With Focus on Fee Reduction and Ethereum Compatibility
Optimism, a popular layer-2 blockchain, is set to release its long-awaited Bedrock upgrade on June 6th at 16:00…
Blockfi Decides to Proceed with Self-Liquidation Plan After Failed Attempts to Sell
The Self-Liquidation Plan of Blockfi Crypto Lender Blockfi, the crypto lender that has recently filed for bankruptcy, has…
Lido V2 Enables Direct ETH Withdrawals for Lido Stakers
Market-leading liquid staking platform Lido has enabled staked ETH withdrawals. The move came as Lido launched the V2…
Peter Schiff Warns of a Great Depression with Prices Rising
Peter Schiff, economist and best-selling author, has warned that America is on the brink of a new Great…
OKX and Alex Greenwood Launch an NFT Exhibition in the OKX Collective Metaverse
OKX, a leading Web3 technology company, has partnered with Manchester City women’s player, Alex Greenwood, to launch an…
Bitcoin Cash Takes a Leap Forward With New Ruleset Changes
Bitcoin Cash made a significant technological leap on May 15, 2023, introducing four new features into its ruleset.…
SEC Requests Smaller Penalty for LBRY
In a surprising request filed recently, the SEC asked that the court of New Hampshire downsize the penalties…
Ethereum Beacon Chain Experiences Finality Issues
The Beacon Chain experienced technical issues last week that caused it to stop finalizing blocks on two separate…
Former Paxful CEO Ray Youssef Cannot Vouch for Platform after Leaving
Former Paxful CEO Ray Youssef has told users of the peer-to-peer bitcoin marketplace that he is no longer…
Crypto becomes a key factor in Turkey’s presidential elections
The Presidential elections in Turkey: Crypto becomes a key factor in the presidential election
Democrats Push for SEC to Continue Cryptocurrency Regulations
Democratic Party members of the U.S. House Committee on Financial Services were handed a memo instructing them to…
Binance to Wind Down Operations in Canada Due to Regulatory Changes
Binance, the world’s largest cryptocurrency trading platform, has announced its plan to wind down its Canadian arm after…
Alibaba Cloud and Avalanche Build Metaverse Launchpad
Alibaba Cloud – a subset of Chinese e-commerce behemoth Alibaba – along with Avalanche has built a launchpad…
Russia Poised to Attract Crypto Miners as US, Kazakhstan Face Challenges, Says Experts
Russia May Attract Half of Kazakhstan’s Cryptocurrency Miners Increasing regulatory pressures, tax burden and energy costs in countries…
Central Banks Register Strong Gold Demand in Q1 2023, According to World Gold Council Report
Central banks have continued to consistently purchase gold during the first quarter of 2023, according to the latest…
Syrian Crypto Dealer Kidnapped by His Own Party Friends
Spanish law enforcement thwarted the kidnapping of a Syrian cryptocurrency dealer who was held for ransom by three…
Brazil to Serve as Bridge Between BRICS and Argentina
Brazilian President Luiz Inacio Lula da Silva has pledged to serve as a mediator between Argentina and the…
Nigeria Passes National Blockchain Policy After Extensive Consultations
The National Blockchain Policy Passes in Nigeria Wide Consultations Result in New National Blockchain Policy The Nigerian Federal…
Ethereum Gas Fees on the Rise as Meme Coins Return
Increase in Ethereum Gas Fees As Meme Coins Return The Concern over Gas Fees on the Ethereum Network…
Pepe Coin’s Market Capitalization Exceeds $1 Billion as It Outperforms Other Memecoins
Pepe Coin Skyrockets in Value as Its Market Capitalization Exceeds $1 Billion Pepe Coin Outperforms Other Memecoins Pepe…
Gemini Doubles Down on Expansion to Serve Non-US Residents Despite Regulatory Obstacles
Gemini Foundation, the non-US derivatives platform, recently launched its services on May 1st, catering to customers in 29…
Ukraine Police Disrupt Crypto Exchanges Laundering Illicit Funds
Ukrainian police, assisted by US law enforcement officials, have disrupted nine crypto exchange platforms suspected of laundering criminal…
IMF Warns of US Banking Crisis and Growing De-Dollarization Trend Threatening Financial Security
U.S. banking crisis is still ongoing and the International Monetary Fund (IMF) Managing Director, Kristalina Georgieva, spoke about…
FTX Attempts to Claw Back Billions from Genesis
Court documents filed on May 3 reveal that FTX is attempting to claw back over $3.88 billion in…
