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Curious stories and rumors, stock markets, AI, economy. All alternative developments in one place.

Donald Trump Gave His First Speech After Winning the Presidential Election

After Donald Trump’s victory in the 2024 presidential race in the U.S., he appeared infront of his supporters in West Palm Beach, Florida, to thank everybody.

06.11.2024 9:53 2 min. read Kosta Gushterov

BREAKING: Donald Trump is the New President of the United States

2024’s presidential election has come to an end as Donald Trump has been chosen by the american people to step in as the new president of the United States.

06.11.2024 8:28 2 min. read Alexander Stefanov

Who Might Replace Gary Gensler as SEC Chairman?

As the U.S. presidential election draws closer, speculation intensifies over potential successors for SEC Chair Gary Gensler, who has faced criticism for his strict regulatory stance, especially toward the crypto market.

06.11.2024 9:00 2 min. read Kosta Gushterov

Swift, UBS, and Chainlink Team Up to Revolutionize Tokenized Fund Settlements

In a significant move under Singapore’s Monetary Authority (MAS) Project Guardian, Swift, UBS Asset Management, and Chainlink have successfully completed a pilot for tokenized fund settlement.

05.11.2024 21:30 1 min. read Alexander Stefanov

BlackRock Debuts BUIDL Tokenized Fund on Avalanche

Securitize, in collaboration with BlackRock, is launching its BUIDL tokenized fund on the Avalanche network, with the contract already deployed and funded, signaling a concrete initiative.

05.11.2024 21:00 1 min. read Alexander Zdravkov

Dollar Weakens as Kamala Harris Gains Traction in Final Election Countdown

On Monday, the US dollar weakened by 0.3% against major currencies, while Treasury yields rose as investors adjusted their expectations for the presidential election, particularly regarding Donald Trump.

05.11.2024 16:30 1 min. read Alexander Stefanov

Crypto Donations Surge to $238 Million in 2024 Elections, Influencing Political Landscape

The 2024 US elections are reshaping the cryptocurrency landscape, with crypto donations exceeding $238 million, outpacing contributions from traditional industries like oil and pharmaceuticals.

05.11.2024 17:00 1 min. read Alexander Stefanov

Crypto Betting Booms Ahead of U.S. Presidential Election

Ahead of the U.S. presidential election on Nov. 5, Polymarket has seen a major spike in activity, with its prediction market volume climbing to an impressive $3.2 billion.

05.11.2024 15:30 2 min. read Kosta Gushterov

Global Dollar Network Launched to Drive U.S. Stablecoin Adoption in Web3

Robinhood, Kraken, Galaxy Digital, among others, have launched the Global Dollar Network – a collaborative effort to enhance the role of the U.S. dollar in digital finance through stablecoin adoption.

05.11.2024 12:00 1 min. read Kosta Gushterov

XRP Ledger Transforms Governance with New DAO

The XRP Ledger (XRPL) is set to undergo a significant governance transformation with the confirmation of a Decentralized Autonomous Organization (DAO).

05.11.2024 10:30 1 min. read Alexander Stefanov

Kraken Launches Regulated Crypto Brokerage for Australian Institutional Investors

Kraken has launched a regulated brokerage service for Australia, targeting institutional and high-net-worth clients with a focus on crypto derivatives.

05.11.2024 8:30 1 min. read Kosta Gushterov

How Will the Upcoming U.S. Elections Impact Bitcoin and Financial Markets?

Jason Pizzino, a cryptocurrency analyst, recently shared his insights on X regarding how the upcoming U.S. elections might impact financial markets, including Bitcoin.

04.11.2024 17:30 2 min. read Alexander Stefanov

Coinbase Executives Plan to Sell Over $900 Million in Shares

Executives and directors at Coinbase Global are set to implement trading plans that involve selling over $900 million in company shares.

04.11.2024 16:30 2 min. read Alexander Zdravkov

Wife of 3AC Co-Founder Sells Luxury Singapore Mansion Amid Asset Freeze

A recent report has disclosed that the wife of Zhu Su, a co-founder of the defunct cryptocurrency hedge fund Three Arrows Capital (3AC), has sold a luxury mansion in Singapore for an impressive $38.5 million, despite a court order freezing their assets following the firm’s bankruptcy.

04.11.2024 21:00 2 min. read Alexander Zdravkov

Circle Targets Hong Kong Expansion as IPO Plans Move Forward

USDC issuer Circle is planning to expand into the Asian market, focusing on Hong Kong as it prepares for its initial public offering (IPO).

04.11.2024 17:00 1 min. read Kosta Gushterov

World Bank Loses Track of $24 Billion in Climate Funding

A recent report by Oxfam has revealed that approximately $24 billion to $41 billion in climate funds allocated by the World Bank remains unaccounted for, which could represent about 40% of all climate financing provided to the institution between 2017 and 2023.

04.11.2024 15:00 2 min. read Kosta Gushterov

Why do Most Crypto Projects Fail?

American entrepreneur and Silicon Valley investor has expressed his thoughts on why many cryptocurrency projects fail to succeed.

04.11.2024 13:30 1 min. read Kosta Gushterov

Binance Accused of Demanding Token Fees for Listings, Co-Founder Denies Allegations

The crypto community was stirred when Simon, CEO of Moonrock Capital, claimed that Binance requested 15% of a project’s total token supply for a listing.

04.11.2024 12:00 1 min. read Alexander Stefanov

The Banking Crisis Has Already Begun – Robert Kiyosaki

Robert Kiyosaki, author of the book “Rich Dad, Poor Dad”, issued a serious warning for the US banking sector, saying that the serious downturn has already begun.

03.11.2024 15:13 2 min. read Kosta Gushterov

Berkshire Hathaway Reduces Apple Holdings as Warren Buffett Adjusts Investment Strategy

Berkshire Hathaway, under Warren Buffett’s leadership, has significantly reduced its Apple holdings for the fourth consecutive quarter, now valued at approximately $69.9 billion, down from a peak of $174.3 billion in late 2023.

03.11.2024 13:00 2 min. read Alexander Stefanov

Ripple’s Q3 Growth Driven by Surge in XRP Trading and Institutional Interest

The cryptocurrency giant Ripple reported substantial growth in Q3, with increased transaction volumes on the XRP Ledger.

03.11.2024 11:00 1 min. read Alexander Zdravkov

China Central Bank Official Highlights Challenges for Bitcoin and Digital Currency Adoption

China Central Bank’s deputy governor, Lu Lei, recently explored the ideas of Nobel laureate Robert Mundell and Bitcoin’s elusive creator, Satoshi Nakamoto, in his new book.

03.11.2024 10:00 2 min. read Alexander Stefanov

NFT Market Recovered in October After Months of Decline

In October, non- fungible tokens (NFTs) rebounded, snapping a seven-month slump with an 18% increase in monthly sales volume, reaching $356 million.

02.11.2024 22:00 1 min. read Kosta Gushterov

Coinbase Uncovers FDIC Advising Banks to Halt Crypto Services

Coinbase recently uncovered evidence that the Federal Deposit Insurance Corporation (FDIC) is advising US banks not to offer cryptocurrency-related services.

02.11.2024 19:00 1 min. read Alexander Zdravkov

Trump Starting to Lose His Lead For the US Election, According to Polymarket

Polymarket’s latest data shows a change in forecasts for the outcome of the US presidential election in 2024.

02.11.2024 18:00 1 min. read Alexander Stefanov

UBS Unveils Tokenized Money Market Fund on Ethereum Blockchain

UBS has unveiled a groundbreaking tokenized money market fund, known as the UBS USD Money Market Investment Fund Token (uMINT), designed to bring digital finance into the institutional arena.

02.11.2024 14:00 1 min. read Alexander Stefanov

Crypto Emerges as Top Investment Choice for Turkish Investors

A recent survey from Paribu, a Turkish cryptocurrency exchange, reveals a shift in investment preferences among some Turkish investors, with digital assets now favored over traditional options like real estate and stocks.

02.11.2024 8:00 1 min. read Kosta Gushterov

Tether Shifts Focus Away from U.S. Markets

Tether (USDT) is increasingly focusing on markets in Europe, the Middle East, and Africa due to regulatory pressures in the United States, with its supply surpassing $120 billion.

01.11.2024 22:00 1 min. read Alexander Stefanov

Bitfarms Boosts Mining Operations with New Hosting Deal to Enhance Bitcoin Production

Bitfarms, a major cryptocurrency mining company, has signed its second hosting agreement with Stronghold Digital Mining to enhance its operations at a Pennsylvania facility.

01.11.2024 18:30 1 min. read Alexander Stefanov

Binance Teams Up with AWS for Faster KYC Verification

Binance announced a partnership with Amazon Web Services (AWS) to enhance its Know Your Customer (KYC) verification process through generative artificial intelligence.

01.11.2024 15:00 1 min. read Alexander Stefanov

SEC Signals Possible Legal Action Against Blockchain Platform Over Securities Violations

The U.S. SEC’s legal enforcement actions against cryptocurrency companies have created significant challenges for the industry.

01.11.2024 9:30 2 min. read Kosta Gushterov

Tether Reports $2.5 Billion Q3 Profit, Expands USDT Supply

Stablecoin issuer Tether reported $2.5 billion in profit for the third quarter, raising its cumulative profit for the year to $7.7 billion.

01.11.2024 8:30 2 min. read Alexander Zdravkov

Here’s Where Cryptocurrency Developers Are Flocking

Recent trends indicate a significant shift in the landscape of cryptocurrency and blockchain development talent.

01.11.2024 14:30 2 min. read Alexander Zdravkov

BRICS: BIS Distances Itself from Cross-Border Digital Currency Initiative

The Bank for International Settlements (BIS) recently announced it is stepping back from its involvement in Project mBridge, a cross-border central bank digital currency (CBDC) initiative it has supported since 2021.

01.11.2024 13:30 1 min. read Kosta Gushterov

Crypto.com Expands Financial Services by Acquiring SEC-Registered Broker

Cryptocurrency exchange Crypto.com has acquired Watchdog Capital, a broker-dealer registered with the U.S. Securities and Exchange Commission (SEC).

01.11.2024 13:00 1 min. read Alexander Stefanov

Bybit Fined for Operating Without Dutch Registration

Bybit, a prominent cryptocurrency exchange, has been penalized with a €2.25 million fine by De Nederlandsche Bank (DNB) for operating without the necessary legal registration in the Netherlands.

01.11.2024 12:00 1 min. read Alexander Stefanov

Satoshi Nakamoto Revealed? Fraud Allegations and Technical Glitches Sink Claims

At a press conference in London on October 31, Stephen Mollah, a British businessman claiming to be Satoshi Nakamoto, faced skepticism over his assertions regarding the identity of Bitcoin’s creator.

01.11.2024 11:30 2 min. read Kosta Gushterov

Uniswap Integrates Venmo for Seamless Crypto Purchases via MoonPay

Uniswap Labs has launched a new feature allowing users to purchase cryptocurrency directly using their Venmo balance through MoonPay on both its web platform and Wallet app.

01.11.2024 11:00 1 min. read Kosta Gushterov

Blockchain Association Reveals $400 Million Spent by Firms on SEC Enforcement Actions

The Blockchain Association disclosed that its member firms have collectively spent $400 million in costs related to enforcement actions by the U.S. Securities and Exchange Commission (SEC) under Chair Gary Gensler.

01.11.2024 10:30 1 min. read Alexander Stefanov

Former Binance CEO Shares Insights and Future Focus After Prison Release

Changpeng Zhao, the former CEO of Binance, made his first public appearance at Binance Blockchain Week in Dubai following his recent release.

01.11.2024 10:00 2 min. read Alexander Stefanov

Franklin Templeton Launches Groundbreaking Money Market Fund on Coinbase’s Base

Franklin Templeton has announced that its OnChain US Government Money Market Fund is now tradeable on Coinbase’s Base, marking a significant milestone as the first major asset manager to launch on this layer 2 blockchain.

01.11.2024 9:00 1 min. read Kosta Gushterov

Crypto Mining Giant Riot Platforms Reports Significant Revenue Growth

Riot Platforms, a leading Bitcoin mining company, reported a 65% year-over-year revenue surge, totaling $84.8 million for the quarter.

31.10.2024 22:00 2 min. read Alexander Stefanov

Concerns Rise Over Fake Volume on Polymarket as Token Launch Looms

Polymarket, a popular prediction market, is facing allegations of widespread wash trading, a form of market manipulation where the same individual acts as both buyer and seller in trades.

31.10.2024 21:30 2 min. read Alexander Stefanov

Coinbase’s $25 Million Political Donation Sparks Controversy

Coinbase’s recent $25 million donation to Fairshake PAC has sparked controversy, as crypto researcher Molly White argues it contravenes pay-to-play laws applicable to federal contractors.

31.10.2024 21:00 1 min. read Alexander Stefanov

Crypto.com Sees Spot Trading Volume Soar to $139 Billion, Outpacing Coinbase

In October, Crypto.com experienced a significant boost in its monthly spot trading volume, reaching an impressive $139 billion.

31.10.2024 18:00 1 min. read Kosta Gushterov

Stocks Slide Amid Disappointing Earnings Reports from Microsoft and Meta

Stocks experienced a downward trend during one of the busiest days of earnings announcements, as investors assessed the results from Microsoft Corp. and Meta Platforms Inc. The mixed economic data added to the uncertainty surrounding the potential for a Federal Reserve interest rate cut.

31.10.2024 15:00 2 min. read Kosta Gushterov

Robinhood Faces Share Drop Despite Surge in Crypto Trading Volumes and Yearly Growth

Robinhood’s shares dropped 12.4% in after-hours trading after its third-quarter earnings missed Wall Street expectations.

31.10.2024 15:30 1 min. read Alexander Zdravkov

Bybit Launches Kazakhstan’s First Localized Crypto Platform

The world’s second-largest cryptocurrency exchange by trading volume, has officially launched a Kazakhstan-specific platform at bybit.kz, marking a major step in its global expansion.

31.10.2024 13:17 3 min. read Kosta Gushterov

New York Stock Exchange Seeks SEC Approval for Grayscale’s Spot Crypto ETF

The NYSE Arca has submitted a request to the SEC to list a Grayscale exchange-traded fund (ETF) focused on a range of spot cryptocurrencies, aiming to convert Grayscale’s Digital Large Cap Fund into an ETF.

31.10.2024 10:00 1 min. read Alexander Zdravkov

Crypto Companies Continue With Major Layoffs – Kraken Cuts 15% of Workforce

Kraken has announced a reduction in its workforce by about 15%, translating to around 400 jobs, as part of a recent organizational restructuring.

31.10.2024 13:30 1 min. read Alexander Stefanov

Coinbase Voices Optimism for Pro-Crypto Legislation Ahead of New Congress

Coinbase has expressed optimism about pro-crypto legislation as a new Congress approaches, aligning itself with the political action committee Fairshake and the Stand With Crypto initiative.

31.10.2024 9:00 1 min. read Alexander Zdravkov

Coinbase’s Q3 Earnings Disappoint as Revenue Falls Below Expectations

Coinbase’s third-quarter earnings report fell short of Wall Street expectations, causing a nearly 7% decline in its stock during after-hours trading.

30.10.2024 22:46 1 min. read Alexander Stefanov

Coinbase Braces for Q3 Earnings as Bitcoin Nears All-Time Highs – Will Stock Soar?

As Coinbase approaches its Q3 earnings report, the company’s position in a rapidly evolving cryptocurrency market remains in the spotlight.

30.10.2024 22:11 2 min. read Alexander Stefanov

Crypto Project Announces Partnership With Top Asset Manager

As collaborations flourish in the cryptocurrency landscape, recent developments have emerged from the real-world asset (RWA) sector.

31.10.2024 12:00 1 min. read Kosta Gushterov

dYdX Reduces Core Team by 35% as Part of Strategic Shift

Antonio Juliano, founder of decentralized derivatives platform dYdX, has announced a 35% reduction in the company’s core workforce, yet this news has not affected the token’s price.

30.10.2024 21:30 1 min. read Alexander Zdravkov

Gold Demand Hits Record Highs as Bitcoin Price Climbs

Gold’s demand has surged, driven by investor FOMO, with global interest exceeding $100 billion in the third quarter—setting a historic record.

30.10.2024 16:30 1 min. read Kosta Gushterov

Alphabet’s Q3 Earnings Surge Driven by AI Boost, Stock Climbs 5.9%

Alphabet Inc., Google’s parent company, saw its stock rise 5.9% in after-hours trading following a strong Q3 earnings report that beat Wall Street estimates, primarily due to its growing artificial intelligence sector.

30.10.2024 14:00 1 min. read Alexander Stefanov

How Many People Are Actually Using Crypto Worldwide?

Researchers at Andreessen Horowitz (a16z) estimate that true monthly crypto users number in the tens of millions, despite there being 220 million active crypto addresses tracked in September.

30.10.2024 18:30 1 min. read Kosta Gushterov

JPMorgan CEO Warns of World War III Threat Amid Rising Geopolitical Tensions

JPMorgan Chase’s CEO, Jamie Dimon, has raised alarms regarding escalating conflicts in Ukraine and the Middle East, as well as the increasing collaboration among U.S. adversaries such as Russia, China, North Korea, and Iran.

30.10.2024 17:00 1 min. read Kosta Gushterov

Russian Court Imposes Unprecedented Fine on Google Over YouTube Channel Bans

A Russian court has reportedly imposed a staggeringly large fine on Google for restricting access to several YouTube channels affiliated with Russian state media.

30.10.2024 15:30 1 min. read Alexander Stefanov