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May 10, 2024
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BlockFi partners with Coinbase for fund distribution, shuts down web platfor

Bankrupt crypto lender BlockFi is in the final stages of winding down its operations. The company has announced its intention to close its web platform in […]
May 10, 2024
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SEC has taken ‘too expansive’ a view of crypto, says former commissioner

Former SEC Commissioner Troy Paredes raised concerns about the regulator’s expansive interpretation of digital assets as securities, suggesting it may be overreaching its jurisdiction. Speaking at […]
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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How a decentralized AI movement is shaping a fairer future

In the realm of artificial intelligence (AI), a handful of Big Tech companies dominate the market, potentially leading to a concentration of power in the hands […]
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 […]

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