In a surprising development, Russian lawmakers have decided to abandon their plans of creating a state-owned cryptocurrency exchange. Instead, they are now focusing on establishing regulations and guidelines for existing private enterprises operating in the cryptocurrency space, as reported by […]
In a recent court filing, bankrupt crypto lender Genesis Global Capital and exchange platform Gemini have requested the dismissal of a lawsuit filed by the U.S. Securities and Exchange Commission (SEC). The lawsuit claims that the two entities sold unregistered […]
Temasek, the prominent Singapore sovereign wealth fund managing approximately $300 billion in assets, has announced a reduction in compensation for its staff involved in the ill-fated FTX investment. The move comes after the collapse of the crypto exchange resulted in […]
Several notable Indian crypto exchange platforms spoke about the current bear market and their attempts to survive through it all. WazirX, CoinDCX, CoinSwitch, etc., are a few leading names whose senior executives and employees shared their current plight in an […]
In a noteworthy development, Cardano, the renowned blockchain platform, has experienced an astonishing surge of 91% in decentralized exchange (DEX) volume within the past week, as per data from DeFiLlama. The DEX volume on Cardano has reached an impressive $68.5 […]
Binance recently proudly announced its association with US authorities in seizing worth $4.4 million in funds linked to cybercrime organizations in North Korea. The platform exchange has flagged these accounts and blocked the funds after “lawfully served warrants” issued by […]
In a significant development in the legal proceedings against Do Kwon, the founder of Terraform Labs, and Han Chong-joon, Kwon’s former chief financial officer, the high court in Montenegro has overturned the lower court’s decision and denied bail. This decision […]
In a recent address at The Wall Street Journal’s CEO Council Summit, renowned entrepreneur Elon Musk issued a cautionary note to investors, advising against going all-in on Dogecoin, the meme-based cryptocurrency that has gained significant attention in recent years. While […]
Bitcoin’s presence in the NFT market has skyrocketed, claiming the second spot in terms of sales per blockchain, according to data platform CryptoSlam. Despite Bitcoin NFTs being a relatively recent addition, their sales have surged to a remarkable $167 million […]
While the current US crypto industry faces significant challenges from the administration, favorable news has come to light concerning the next presidential run. Florida governor Ron Desantis, one of the most pro-crypto presidential candidates, is all ready to announce his […]
