Ethereum developers and members of the community have come together to propose a new token standard aimed at protecting decentralized finance (DeFi) protocols from potential hacks and exploits. The proposed ‘Circuit Breaker’ mechanism would act as a safeguard by temporarily […]
In a bid to put an end to the ongoing dispute with Digital Currency Group (DCG) CEO Barry Silbert, Cameron Winklevoss, co-founder of Gemini, has offered a staggering $1.4 billion deal. Winklevoss took to Twitter on July 4 to announce […]
Revolut, the prominent London-based FinTech startup and Neobank, has followed in the footsteps of major US crypto exchanges by delisting Cardano (ADA), Polygon (MATIC), and Solana (SOL) for its American customers. The move comes as regulatory pressure mounts and market […]
In a recent surge of institutional activity, U.S. investors have been flocking to Bitcoin (BTC), propelling the leading cryptocurrency’s rally to new heights. According to a report by crypto analytics firm K33 Research, BTC’s price gains and trading volume have […]
In a renewed effort to launch a spot bitcoin exchange-traded fund (ETF), Fidelity, one of the leading asset management companies, has refiled the paperwork for its Wise Origin Bitcoin Trust. This development closely follows BlackRock’s submission of its own spot […]
Leading cryptocurrency exchange Coinbase has filed a motion to dismiss the recent lawsuit brought against it by the U.S. Securities and Exchange Commission (SEC), asserting that the suit represents “an extraordinary abuse of process.” The SEC’s lawsuit accused Coinbase of […]
FTX, the bankrupt cryptocurrency exchange, has commenced discussions to revive its operations and potentially rebrand, according to reports. CEO John J. Ray III is spearheading efforts to restart FTX.com, engaging interested parties in the process, as confirmed by sources familiar […]
In a recent development, Robinhood Markets, the popular online brokerage firm, is reportedly planning to lay off approximately 150 full-time employees, amounting to 7% of its workforce. This move comes as Robinhood’s third round of layoffs within a span of […]
In a recent study conducted by YouGov and Consensys, it was discovered that public opinion on the value of cryptocurrency to the internet remains sharply divided. The poll, which reached out to 15,158 individuals across 15 countries, uncovered a significant […]
HSBC Hong Kong, the largest bank in the special administrative region of China, has announced that it will now allow its customers to trade bitcoin and ether exchange-traded funds (ETFs) listed on Hong Kong’s stock exchange. According to screenshots of […]
