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April 3, 2024
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Holding Bitcoin now profitable 99.92% of all days

Since its inception on Jan. 3, 2009, investing in Bitcoin has been profitable for 99.92% of all days, with only six days where it did not […]
April 3, 2024
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First VR developer integrates with OpenAI setting stage for no-code VR development

Victoria VR, a virtual reality (VR) developer, has announced its integration with OpenAI, the creator of ChatGPT, a popular generative AI tool.   Enhanced Virtual Reality […]
April 3, 2024
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Fantom founder concerned negative funding rates will introduce next Terra-like’ unbacked asset’

Fantom creator Andre Cronje, a prominent figure in decentralized finance (DeFi), has expressed concerns about potential risks associated with Ethena Labs’ USDe stablecoin.   Cronje highlighted […]
April 3, 2024
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Ethereum earnings tripled in Q1 2024, reaching $370M

In the first quarter of 2024, Ethereum, the leading blockchain network by transaction volume, experienced significant growth across key income statement metrics.   Ethereum’s earnings in […]
April 2, 2024
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Telegram trading bot Solareum shutters days after $520K exploit

The Solana-based Telegram trading bot, Solareum, has announced its permanent closure due to a combination of financial constraints and a recent security breach.   Reasons for […]
April 2, 2024
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Singapore amends Payment Services Act to cover token custody and transfers

The Monetary Authority of Singapore (MAS) has announced amendments to the Payment Services Act (PS Act) aimed at broadening the regulatory oversight of services related to […]
April 2, 2024
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‘No bridges or wrapping’ — dWallet and Avail are building native Bitcoin rollups

Bitcoin users will soon gain access to smart contract functionality without the need for bridging or wrapping their BTC. A new integration between dWallet Network and […]
April 2, 2024
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Largest Ethena airdrop recipient gets nearly $2M

The largest beneficiary of the Ethena Labs airdrop received a substantial amount of Ethena (ENA) tokens, totaling nearly $2 million, on April 2.   Wallet 0xb56 […]
April 2, 2024
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Digital asset inflows recover, but ETF activity is slowing down

In the previous week, digital asset inflows into crypto investment products rebounded, marking a notable shift from net outflows to net inflows totaling $862 million. This […]
April 2, 2024
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Crypto.com expands in South Korea despite increasing regulatory scrutiny

Centralized cryptocurrency exchange Crypto.com is set to introduce its cryptocurrency trading app to South Korean retail investors on April 29.   The platform will offer access […]
March 14, 2024
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SEC suit against Gemini, Genesis lives on as court finds claims plausible

A federal judge has ruled that the United States Securities and Exchange Commission’s (SEC) allegations against crypto firms Gemini and Genesis regarding the sale of unregistered […]
March 14, 2024
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Australian crypto firm Finder’s Earn product was complaint, court finds

The Australian federal court has dismissed a lawsuit brought by the country’s corporate regulator, the Australian Securities and Investments Commission (ASIC), against a sister company of […]
March 14, 2024
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US attorney seeks to reclaim $2.3M crypto from ‘pig butchering’ scheme

The United States Attorney’s Office in Massachusetts has commenced legal proceedings to recover cryptocurrency associated with the “pig butchering” scheme, which targeted a Massachusetts resident and […]
March 14, 2024
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Crypto custody firm Bakkt faces delisting if shares stay under $1

The New York Stock Exchange (NYSE) has notified crypto custody and trading platform Bakkt of its non-compliance with listing rules due to its average closing share […]
March 13, 2024
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Thailand approves personal income tax exemption for token earnings

In a significant move aimed at promoting investment token usage for fundraising, the Thai government has approved tax breaks for individuals holding investment tokens. This decision, […]
March 13, 2024
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India plans faster stock settlements to slow down crypto migration

In a bid to enhance competitiveness against the growing inclination towards crypto exchanges, India’s Securities and Exchange Board (SEBI) announced plans to introduce a faster trade […]
March 12, 2024
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Spanish court denies Worldcoin’s injunction request against regulator

Worldcoin, a global identity and financial network founded by OpenAI CEO Sam Altman, encountered a legal setback in Spain as the court declined its injunction against […]
March 12, 2024
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FDIC official urges better digital asset policy to maintain US influence

Travis Hill, Vice Chair of the U.S. Federal Deposit Insurance Corporation (FDIC), emphasized the importance of adopting a balanced approach to regulating blockchain technology during a […]
March 12, 2024
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Biden resurrects 30% crypto mining tax in new budget proposal

In the recently unveiled budget proposal for 2025, President Joe Biden has reintroduced the idea of imposing a 30% tax on electricity used by cryptocurrency miners […]

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