Others News

The bankrupt cryptocurrency exchange FTX has initiated legal proceedings to reclaim over $50 million in assets that it alleges were wrongfully taken by KuCoin, as stated in court documents from October 28.

Binance, the leading cryptocurrency exchange globally by trading volume, has introduced a new service called Binance Wealth, targeting affluent clients through dedicated private managers.

In a recent post on X, Billy Markus, the co-creator of Dogecoin, expressed his anticipation for the mainstream media’s eventual coverage of Dogecoin, especially if Donald Trump wins the 2024 U.S. election.

Circle, a prominent digital finance technology company, has partnered with HKT, a major player in technology and telecommunications, to investigate blockchain-based solutions for enhancing customer engagement in Hong Kong.

Consensys, a notable blockchain development company, is undergoing significant restructuring, resulting in a workforce reduction of over 20%.

Leading crypto exchanges are increasingly partnering with established banks to bridge digital assets with traditional finance, enhancing security for institutional clients.

Gemini has secured preliminary approval from Singapore’s central bank to expand its operations in the country.

Coinbase’s CEO Brian Armstrong recently criticized the U.S. Securities and Exchange Commission (SEC), claiming that the next chair should apologize to the public for the agency’s negative impact on the cryptocurrency sector.

Canadians appear hesitant about fully embracing the Bank of Canada’s (BOC) digital dollar initiative, despite some interest in the concept.

Tether CEO Paolo Ardoino defended the company’s compliance with international sanctions amid renewed scrutiny, stressing that Tether’s fate is ultimately in the hands of U.S. authorities.

Ethena Labs is under scrutiny following claims regarding its recent crypto-farming activities involving 180 million Ethena tokens.

Hong Kong plans to license digital asset exchanges by the end of 2024 after a five-month review of crypto platforms, as announced by Eric Yip, Executive Director for Intermediaries at the Securities and Futures Commission (SFC), during Fintech Week.

A cryptocurrency exchange, backed by billionaire investor Peter Thiel, is exploring strategic options that may include launching an initial public offering (IPO) in Frankfurt.

Coinbase is re-entering the sports sponsorship arena, becoming one of the first U.S.-based cryptocurrency exchanges to do so following the FTX fallout.

With just eight days left until the U.S. general election on November 5, Robinhood has unveiled new contracts that allow select users to wager on the U.S. election’s outcome.

Donald Trump’s crypto venture, World Liberty Financial, recently made waves after raising $14 million in an initial token sale, setting the stage for more ambitious projects.

The conflict between Ripple Labs and the Securities and Exchange Commission (SEC) continues to escalate.

Tesla CEO Elon Musk, known for his enthusiasm for Dogecoin and internet humor, recently shared a post combining both, sparking a wave of support from Dogecoin fans.

Circle, the issuer of the USDC stablecoin, is resolute in its pursuit of going public despite facing a prolonged IPO approval process.

The Hong Kong Stock Exchange, Hong Kong Exchanges and Clearing Ltd (HKEX), announced that it will introduce the “HKEX Virtual Asset Index Series” on November 15.

At the PlanB event in Lugano, Switzerland, Tether CEO Paolo Ardoino addressed concerns about the company’s USDT stablecoin reserves amid rumors of a federal investigation by the U.S. Department of Justice and the Treasury.

In a recent development, the bankruptcy estate of FTX has reached a $228 million settlement with the Bybit exchange, as detailed in an October 24 legal filing.

Michael Saylor, co-founder of MicroStrategy, recently highlighted his company’s remarkable stock performance on the social media platform X, noting that it outpaced major players like Amazon and Alphabet

In a recent interview, analyst Lyn Alden predicted a gradual increase in global liquidity through 2025, though she does not anticipate the rapid surges seen in previous years.

India’s approach to cryptocurrencies and central bank digital currencies (CBDCs) is sparking debate, with some suggesting CBDCs could have advantages over private cryptocurrencies.

Emory University, located in Atlanta, has disclosed a significant investment in cryptocurrency, holding approximately 2.7 million shares of the Grayscale Bitcoin Mini Trust, valued at about $15.1 million, according to an SEC filing dated October 25.

In a recent episode of the Joe Rogan Experience, former President Donald Trump expressed his intention to abolish the federal income tax and replace it with tariffs on imports.

The XRP Ledger (XRPL) has reached a significant milestone in its Automated Market Maker (AMM) activity.

In a recent podcast appearance, Ripple CEO Brad Garlinghouse raised eyebrows when he predicted a potential “Black Swan event” involving Tether’s flagship stablecoin, USDT.

Vitalik Buterin, Ethereum’s co-founder and leading figure, has addressed criticism regarding significant ETH sales executed by the Ethereum Foundation.

Arkham Intelligence has recently expanded its analytical toolkit to include Solana’s blockchain, allowing users to track, visualize, and analyze Solana-based transactions in real-time.

Polymarket CEO Shayne Coplan has addressed allegations of manipulation within the platform’s prediction markets for the U.S. election, stating that Polymarket remains a transparent, non-partisan service.

Tether and the City of Lugano celebrated the unveiling of a life-sized statue of Bitcoin’s creator, Satoshi Nakamoto, during the 3rd Annual Plan ₿ Forum at Villa Ciani.

In a recent announcement, Tokyo-based investment firm Metaplanet reported impressive gains from its Bitcoin acquisitions, achieving a remarkable 116% yield in October.

MicroStrategy’s stock has soared to its highest level in 25 years, spurred by Bitcoin’s potential push toward $70,000.

On Thursday, Ark Invest, led by Kathy Wood, made some interesting trades, the most significant of which was the sale of Tesla Inc (TSLA) shares.

Market participants are closely monitoring upcoming economic indicators from the United States, along with insights from Federal Reserve officials, which could significantly impact gold prices.

The ongoing legal battle between the SEC and Ripple Labs is set to take another turn, as the SEC has sought an extension for its appeal, proposing to push back the deadline for its primary brief to January 15, 2025.

Nvidia’s stock recently reached a new all-time high, reflecting the company’s robust growth potential in the semiconductor market.

Next year, Norges Bank, Norway’s central bank, will decide on the potential establishment of its own central bank digital currency (CBDC).

Crypto trading can be an exhilarating yet risky endeavor, where significant volatility often leads to quick shifts in fortune.

Charles Hoskinson, the founder of Cardano, recently criticized Ripple co-founder Chris Larsen over his substantial donations to support Democratic presidential candidate Kamala Harris.

The GameFi sector is poised for significant expansion, projected to reach a market value of $301.5 billion by 2030, as reported by Nansen.

TeraWulf, a Bitcoin mining firm, plans to raise $350 million by issuing convertible senior notes to fund a $200 million share buyback program.

Tesla’s performance in the third quarter surpassed analysts’ forecasts, resulting in a stock surge of over 11% in premarket trading.

Alex Mashinsky, the former CEO of Celsius, will appear in a New York court on November 13.

As global tensions rise, Russia is increasingly turning to Bitcoin and other cryptocurrencies to bypass Western sanctions, a key topic at the ongoing BRICS summit.

Turkish banking leader Garanti BBVA Kripto has announced a collaboration with Ripple Inc. and IBM to enhance its crypto trading and custodial services.

The Nigerian government has dropped all charges against Tigran Gambaryan, a Binance executive, following considerable controversy over his detention.

Gold, traditionally viewed as a store of value, is approaching the $3,000 mark, currently trading above $2,700 and reaching new all-time highs.

Yoroi Wallet, a prominent light wallet for Cardano, has teamed up with Bring, a white-label crypto cashback platform, to connect the Cardano community with global retail.

Canadian cryptographer Peter Todd has gone into hiding, fearing for his safety after the HBO documentary Money Electric: The Bitcoin Mystery suggested he is the creator of Bitcoin.

BitFuFu, a cloud Bitcoin mining company, has made a significant move by acquiring its first physical mining facility, an 80-megawatt operation in Ethiopia.

Warren Buffett’s Berkshire Hathaway has made headlines by offloading over $10 billion worth of Bank of America (BAC) stock since mid-July.

Cryptocurrency analytics firm Santiment has unveiled intriguing insights into the assets that are currently trending on social media within the crypto sphere.

Gary Gensler, Chairman of the U.S. Securities and Exchange Commission (SEC), recently highlighted the challenges of regulating artificial intelligence (AI) and cryptocurrencies in the financial sector.

Bestselling author and renowned financial motivator Robert Kiyosaki, famous for his book “Rich Dad, Poor Dad” , has released a new statement.

Messari, a well-known provider of digital asset market intelligence, has published a report detailing TRON’s third quarter performance.

In October, the cryptocurrency market saw a 13% increase in market capitalization, rising from $2 trillion to $2.3 trillion, driven by increased activity from retail investors.

Goldman Sachs analysts anticipate a sharp decline in returns from the U.S. stock market over the next decade.