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May 8, 2024
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Philosopher Yuval Noah Harari warns of AI’s risks in finance

During a speech at the Bank for International Settlements (BIS) Innovation Summit, author, philosopher, and history professor Yuval Noah Harari raised concerns about the uncontrolled integration […]
May 8, 2024
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WBTC thief spreads $71M loot across multiple crypto wallets

After six days of quiet, stolen crypto funds linked to a recent $71 million wallet impersonation scam are back in motion.   The Bait and Switch […]
May 8, 2024
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SEC’s Gary Gensler gets irked being asked about crypto

Gary Gensler, Chair of the United States Securities and Exchange Commission (SEC), expressed exasperation with the disproportionate focus on crypto-related questions compared to traditional finance during […]
May 8, 2024
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SEC files final response in Ripple XRP case

Ripple Labs and the United States Securities and Exchange Commission (SEC) have moved forward in their legal dispute, reaching a pivotal stage as the SEC submits […]
May 8, 2024
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NBA, football, NASCAR stars cough up $2.4M in Voyager promo suit

Three prominent American sports figures have collectively agreed to pay $2.42 million to settle allegations related to their promotion of the failed cryptocurrency exchange Voyager Digital. […]
May 7, 2024
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SEC punts Invesco Galaxy spot Ethereum ETF decision to July

The United States Securities and Exchange Commission (SEC) has postponed its decision on Invesco Galaxy’s application for a spot Ether exchange-traded fund (ETF).   In a […]
May 7, 2024

Crypto firms to see more enforcement actions within 2 years — CFTC chair

Rostin Behnam, chair of the United States Commodity Futures Trading Commission (CFTC), anticipates ongoing regulatory actions against cryptocurrency firms as long as the market remains attractive […]
May 7, 2024
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Central banks must revise business model, embrace CBDCs — ECB member

Joachim Nagel, president of the Bundesbank and ECB member, emphasized the critical need for central banks to reassess their business models and swiftly adopt central bank […]
May 7, 2024
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Bitcoin miner Marathon Digital to join S&P SmallCap 600, shares jump 18%

Marathon Digital, recognized as the world’s largest Bitcoin (BTC) miner by market cap, experienced an 18% surge in its shares following confirmation of its inclusion in […]
May 7, 2024
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Bitcoin ‘as strong as ever’ with record high 200-day moving average

Bitcoin’s 200-Day Moving Average Hits Record High The Bitcoin 200-day moving average has reached an all-time high of $50,178, marking a significant milestone in predicting long-term […]
May 10, 2024
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Marathon Digital misses Q1 estimates on bad weather, utility failures

Bitcoin miner Marathon Digital faced a revenue shortfall in its first quarter 2024 results, attributing it to adverse weather conditions and equipment failures. Despite a significant […]
May 10, 2024
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Base set for ‘material share’ of SocialFi activity: Franklin Templeton

Trillion-dollar asset manager Franklin Templeton has identified the emergence of “Base Season” alongside the rise of Social Finance (SocialFi) applications, with Base positioned as a leading […]
May 9, 2024
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Rwandan central bank proceeds with ambitious retail CBDC project

The National Bank of Rwanda (BNR) has taken a significant step towards embracing digital currency innovation by initiating a feasibility study on a retail Central Bank […]
May 9, 2024
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Robinhood Q1 crypto trading surges 224% — SEC action ‘disappointing’

During the Q1 earnings call, Robinhood CEO Vladimir Tenev expressed disappointment at the recent Securities and Exchange Commission (SEC) Wells notice, which targeted the firm’s crypto […]
May 9, 2024
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President Biden says he would veto resolution countermanding SEC crypto rule

The Biden administration has issued a statement indicating its intention to veto a joint resolution concerning crypto policy at the Securities and Exchange Commission (SEC) if […]
May 9, 2024
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Optimism to roll out new Superchain features for layer-3 devs

Optimism, a leading Ethereum scaling solution provider, is poised to enhance its blockchain throughput by embracing layer-3 applications on top of the OP Stack.   Welcoming […]
May 9, 2024
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House votes to nullify SEC’s anti-crypto banking guidance SAB 121

The United States House of Representatives recently voted to pass a bill aimed at overturning controversial Securities and Exchange Commission (SEC) guidance prohibiting banks from owning […]
May 9, 2024
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Crypto degens ‘hungry’ for next big SocialFi breakthrough — K33 Research

Crypto enthusiasts are eagerly seeking the next big thing within the Social Finance (SocialFi) sector, according to insights from analysts at K33 Research. Despite facing challenges […]
May 9, 2024
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Core Scientific sees revenue surge in 1Q24 after emerging from bankruptcy

Core Scientific, a prominent Bitcoin mining firm, has showcased robust financial results for the first quarter following its emergence from bankruptcy. During this period, the company […]

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