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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 7, 2024
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Tom Brady roasted on crypto in Netflix special — ‘How did you fall for that?’

Former professional footballer Tom Brady faced comedic jabs from comedians and former teammates during a Netflix-streamed roast, with quips about his involvement in promoting the bankrupt […]
May 7, 2024
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Polygon’s ZK-rollup Ethereum scaler Miden hits testnet

Polygon, an Ethereum layer-2 developer, has introduced an alpha version testnet of its latest zero-knowledge rollup (ZK-rollup) solution named Miden amidst intensifying competition in Ethereum scaling […]
May 7, 2024
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Ore wins Solana hackathon despite disrupting Solana’s network in April

Despite facing criticism for its role in disrupting the Solana blockchain in April, the team behind the proof-of-work powered Solana-native crypto Ore secured the “Grand Prize” […]
May 7, 2024
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Kronos Research hacker shifts funds to Tornado Cash

Nearly six months after the $25 million exploit of quantitative trading firm Kronos Research in mid-November 2023, the hacker began transferring funds.   The hacker wallet […]
May 7, 2024
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Grayscale Bitcoin ETF takes the slow train to recoup $17.4B outflows

After four months of continuous outflows, Grayscale’s Bitcoin Trust (GBTC) witnessed inflows for the second consecutive day.   Previously, an average of $218 million per day […]
April 24, 2024
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Binance exec will remain in Nigerian custody until May 17 bail hearing: Report

Tigran Gambaryan, a Binance executive detained in Nigeria since February, is set to remain in custody until a bail hearing scheduled for May 17, according to […]
April 23, 2024
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Crypto.com’s South Korea launch hit by regulatory roadblock

Singapore-based cryptocurrency exchange Crypto.com has postponed its planned launch in South Korea following concerns raised by regulators regarding money laundering anomalies in the platform’s data.   […]
April 19, 2024
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Binance exec remains in jail as bail appeal fails again

A Federal High Court in Abuja, Nigeria, has once more delayed the hearing for the bail application of Binance executive Tigran Gambaryan, who remains incarcerated at […]
April 18, 2024
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Binance’s $1B emergency ‘SAFU’ fund now makes up 3% of UDSC supply

The world’s largest cryptocurrency exchange, Binance, has converted its Secure Asset Fund for Users (SAFU) into Circle’s USD Coin (USDC), a stablecoin pegged to $1.00, now […]
April 18, 2024
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Mango Markets exploiter trial heads to jury

The jury has commenced deliberations regarding charges related to market manipulation and fraud stemming from an alleged $110 million exploit of the Mango Markets decentralized exchange […]
April 16, 2024
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OKX launches Ethereum layer-2 network for lower fees & interoperability

Cryptocurrency exchange OKX has introduced its in-house Ethereum-based layer-2 network called X Layer, joining other platforms like Coinbase in providing lower fees and interoperability for decentralized […]
April 15, 2024
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Nigeria’s Binance crackdown threatens Web3 industry

Nigeria is grappling with the repercussions of actions taken against Binance executives, with investors withdrawing from deals and partnerships, particularly in the web3 sector. Lucky Uwakwe, […]
April 15, 2024
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Binance executive tracked to Kenya, extradition underway

The Nigerian Government has located Binance executive Nadeem Arjarwalla in Kenya after his escape from custody and is working to extradite him back to Nigeria. Sources […]
April 13, 2024
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Software engineer sentenced to three years in prison for Nirvana hack

Shakeeb Ahmed, a computer security engineer, has been sentenced to three years in prison followed by three years of supervised release in Southern New York District […]

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