Crypto Markets Plunge After SEC Sues Binance
The cryptocurrency market experienced a decline on Monday following the news that Binance, the largest global crypto exchange, is facing multiple charges from the U.S.
Article written by Rachel Aaron
$2.5 Billion In Large Transactions On Cardano, Is A Price Rally Coming?
Cardano (ADA), the native cryptocurrency of the Cardano blockchain, has recently experienced a significant surge in large transactions, totaling an impressive $2.5 billion within a
FTX Donations: Met Museum Agrees to Return $550K in Controversial Funding
New York’s renowned Metropolitan Museum of Art has reached an agreement to return $550,000 in donations it received from crypto exchange FTX before its collapse
Cardano’s Road to $1: New Protocols, Accelerating Decentralization, and Igniting Network Activity
Cardano had an exceptional month in May, solidifying its position as a formidable contender in the industry. The network is gaining momentum and is poised
Binance Faces Increased Competition from Other Crypto Exchanges
Binance, one of the leading cryptocurrency exchanges, has experienced a significant decline in market share, losing a quarter of its dominance since February. The decrease
GameStop and Telos Foundation Launch Web3 Gaming Platform
GameStop Corporation (NYSE: GME), the renowned video game and merchandise retailer, is set to expand its offerings in the Web3 gaming space through a partnership
PayPal investing millions in San Francisco-based crypto wallet company Magic
Payments giant PayPal is making further inroads into the digital assets space with a significant investment in San Francisco-based crypto wallet company Magic. The strategic
Georgian Central Bank Targets Crypto Firms for AML Compliance
The National Bank of Georgia (NBG) has announced plans to launch mandatory supervision of virtual asset service providers (VASP) starting September 1, 2023. The NBG’s
Microsoft CSO Eric Horvitz: AI Can Help Humans Flourish, But It Must Be Used Responsibly
Eric Horvitz, Microsoft’s chief scientific officer, believes artificial intelligence (AI) can be a force for good, but he also sees the potential for AI to
Binance Announces Workforce Reduction: 20% of Employees to be Laid Off
Binance, the leading global cryptocurrency exchange, has announced plans to lay off 20% of its employees in June. This decision comes as the cryptocurrency industry
Hong Kong-based First Digital Launches USD Stablecoin to Meet Growing Demand
First Digital, a qualified custodian and trust company based in Hong Kong, has launched a new USD-pegged stablecoin called FDUSD. The stablecoin is backed by
Bitcoin Ordinals Explained in 30 Seconds
Bitcoin Ordinals are a new type of non-fungible token (NFT) that are stored on the Bitcoin blockchain. Ordinals are unique and cannot be divided into
Bankman-Fried Seeks to Use Law Firm Advice as Defense in FTX Fraud Case
Disgraced cryptocurrency exchange founder Sam Bankman-Fried said he relied on the advice of Silicon Valley law firm Fenwick & West in his defense against fraud
UAE Central Bank Issues Guidance for Crypto Service Providers
The United Arab Emirates (UAE) central bank has issued new anti-money laundering (AML) and counter-terrorism financing (CTF) guidance for financial institutions that deal with virtual
Former BitMEX CEO Warns of ‘Explosive’ Times for Bitcoin and Financial Markets
Arthur Hayes, the former CEO of the cryptocurrency exchange BitMEX, predicted that Bitcoin (BTC) could explode in price in the third and fourth quarters of
Whale Moves $800 Million in BTC from Dormant Wallets
A massive Bitcoin whale has moved a staggering 31,000 BTC worth over $820 million out of its cold wallets that had been inactive since late