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CryptoQuant CEO Calls for Regulation to Drive Web3 Growth

Ki Young Ju, CEO of CryptoQuant, emphasized the importance of regulation for the future growth of Web3 and the cryptocurrency space.

30.09.2024 11:00 2 min. read Alexander Zdravkov

Ripple Nears Launch of RLUSD Stablecoin After Massive Token Minting

Ripple has recently minted nearly all of its RLUSD tokens, producing around 99% of them on Sunday across Ethereum and the XRP ledger.

30.09.2024 10:00 1 min. read Kosta Gushterov

Ex-Binance CEO Changpeng Zhao Shares First Thoughts After Prison

Changpen Zhao, the former head of Binance took to social media just seven hours after being released from prison, posting on the X platform that he valued simple luxuries like food and fruit.

29.09.2024 15:03 1 min. read Kosta Gushterov

FTX Creditors Stunned by Minimal Payouts as Bankruptcy Plan Unfolds

According to recently updated bankruptcy documents shared by FTX creditor Sunil Kavuri, those owed money from FTX can expect to recover only 10-25% of their cryptocurrency.

29.09.2024 9:00 1 min. read Alexander Stefanov

Senator Lummis Takes Aim at SEC, Demands Clear Crypto Rules

Cynthia Lummis, a U.S. Senator and pro-crpypto advocate, has criticized the SEC’s approach to cryptocurrency regulations, claiming it hinders the industry’s growth.

28.09.2024 20:00 2 min. read Alexander Stefanov

Are Daily Active Addresses Misleading Crypto Investors?

The term “Daily Active Addresses” (DAA) is frequently misused in the crypto world, often confused with “Daily Active Users.”

28.09.2024 13:00 2 min. read Kosta Gushterov

Almost 90% ot Airdrop Tokens Crash Within Three Months

A recent analysis by KeyRock reveals that nearly 89% of airdrop tokens lose value within 90 days, with Ethereum and Solana showing better resilience than other networks.

28.09.2024 11:00 2 min. read Alexander Zdravkov

BREAKING: Binance Co-Founder Changpeng Zhao Officially Released From Prison

Binance co-founder Changpeng Zhao, commonly known as “CZ” in the crypto community, was released from prison on Friday, September 27, after serving a four-month sentence for inadequate anti-money laundering (AML) compliance.

27.09.2024 23:47 1 min. read Alexander Zdravkov

Binance’s Changpeng Zhao to be Released Early: What Will the Billionaire Do Next?

Changpeng Zhao, commonly known as “CZ,” was released from federal custody earlier than expected, with his release moved from Sunday, September 29, to Friday, September 27, due to a policy of not releasing inmates on weekends.

27.09.2024 14:00 1 min. read Alexander Zdravkov

Binance Launches Pre-Market Platform for Early Token Access

Binance, the leading global cryptocurrency exchange, has introduced its latest offering: the Binance Pre-Market platform.

27.09.2024 13:00 1 min. read Alexander Stefanov

Will Fed Rate Cuts Propel Cryptocurrency Market Growth?

A prominent cryptocurrency analyst believes the digital assets market will remain strong even if the Federal Reserve reduces interest rates.

27.09.2024 11:00 1 min. read Alexander Zdravkov

SEC Officially Approves BNY Mellon’s Crypto Custody Plan

The U.S. Securities and Exchange Commission (SEC) has greenlit Bank of New York Mellon Corp.’s (BNY Mellon) initiative to provide custody services for digital assets, potentially encompassing a range beyond just Bitcoin and Ethereim ETFs.

27.09.2024 8:00 1 min. read Alexander Stefanov

Montenegro PM Accused of Using Do Kwon Extradition for Airport Deal

Former Montenegrin Justice Minister Andrej Milovic has raised concerns over a possible connection between the extradition of Terraform Labs co-founder Do Kwon and a recent airport concession deal between Montenegro and South Korea.

27.09.2024 18:30 1 min. read Kosta Gushterov

Phantom Wallet Integrates with dYdX, Expanding DeFi Access to Millions

In a major development for DeFi, the dYdX Foundation has announced the integration of the popular Solana-based Phantom Wallet with its decentralized platfrom

27.09.2024 7:00 2 min. read Alexander Stefanov

UAE Crypto Market Surges with Over $30B in Transactions

A recent report by Chainalysis highlights that the United Arab Emirates (UAE) stands out in global cryptocurrency activity, showing significant growth across all categories by transaction size.

26.09.2024 21:30 1 min. read Alexander Stefanov

Was Silvergate Bank’s Downfall a Result of Regulatory Pressure?

The former crypto-friendly institution, Silvergate Bank, might have weathered its challenges if it hadn’t faced intense regulatory pressure leading to its voluntary liquidation, according to industry insider Nic Carter.

27.09.2024 9:00 2 min. read Alexander Zdravkov

Are Emerging Economies Poised to Dethrone the Dollar?

Former U.S. Treasury Secretary John Connally, who served under President Richard Nixon, famously remarked that “The dollar is our currency, but that’s your problem.”

26.09.2024 19:00 2 min. read Alexander Stefanov

UK Users Face Temporary Wallet Restrictions on Telegram

The “Wallet” feature in Telegram will be temporarily limited for UK users due to a restructuring that has integrated Wallet with Open Platform.

26.09.2024 18:30 1 min. read Kosta Gushterov

Ethena Unveils New Stablecoin with BlackRock Backing

Ethena is gearing up to release UStb, a new stablecoin developed in partnership with Securitize, a platform specializing in real-world asset tokenization.

26.09.2024 17:00 1 min. read Alexander Stefanov

Justin Sun Moves Millions in TUSD: A Signal of Market Turbulence?

Recent activity from Justin Sun, founder of the Tron blockchain, has drawn attention after millions in TUSD, a US dollar-pegged stablecoin, were transferred to various addresses.

26.09.2024 17:30 1 min. read Alexander Stefanov

Swiss Firms Team Up to Boost Tokenized Shares on Taurus Exchange

The Swiss company announced a partnership with digital asset infrastructure provider Taurus SA.

26.09.2024 16:00 1 min. read Kosta Gushterov

The Next Crypto Boom? QCP Hints at Rising Opportunities Amid Central Bank Easing

In its latest daily report, QCP highlighted that the macroeconomic environment for cryptocurrencies and other risk assets is showing signs of improvement.

26.09.2024 13:30 2 min. read Alexander Zdravkov

Warren Buffett’s Berkshire Hathaway Continues Bank of America Sell-Off

Warren Buffett, CEO of Berkshire Hathaway, has continued his selling streak of Bank of America (BAC) shares, with his latest sale nearing 22 million shares.

26.09.2024 13:00 2 min. read Kosta Gushterov

PayPal Unleashes Crypto Trading for U.S. Businesses

PayPal announced a new feature allowing PayPal Business accounts to buy, sell, and trade cryptocurrencies directly through their accounts.

26.09.2024 8:00 1 min. read Kosta Gushterov

Mango Markets Proposes $500K Settlement With the CFTC After Exploit Investigation

The decentralized exchange Mango Markets, built on Solana, has put forth a $500,000 settlement proposal to the U.S. Commodity Futures Trading Commission (CFTC).

26.09.2024 10:30 1 min. read Alexander Stefanov

eToro Launches Direct Crypto Trading in Germany

eToro, a leading social trading platform, has expanded its crypto services in Germany by introducing spot trading through a new partnership with DLT Finance.

25.09.2024 20:30 2 min. read Alexander Stefanov

Exodus Fuels Crypto Advocacy with $1.3M Push Ahead of 2024 Election

Exodus, a prominent crypto wallet provider, has made a major move to bolster political advocacy for the digital asset industry.

26.09.2024 12:00 2 min. read Alexander Zdravkov

Google Unveils Faster and Cheaper Gemini 1.5 Models for Developers

Google has unveiled two stable versions of its Gemini 1.5 API models, designed to improve app development efficiency and reduce production costs.

26.09.2024 10:00 1 min. read Alexander Stefanov

Mark Cuban Blasts SEC Chair Gensler, Hints His Exit Could Boost U.S. Economy

After the recent hearing with Gary Gensler, tech billionaire Mark Cuban criticized the SEC Chair’s regulation-by-enforcement strategy.

26.09.2024 9:00 1 min. read Alexander Zdravkov

Ethereum’s Centralization Undermines Its Core Principles – Charles Hoskinson

Charles Hoskinson, the creator of Cardano (ADA), has sharply criticized the Ethereum (ETH) blockchain, likening it to a “dictatorship.” In a recent interview, he expressed concerns that Vitalik Buterin, Ethereum’s co-founder, holds excessive power over the network’s guidelines, which contradicts the decentralized principles Ethereum purports to uphold. Hoskinson pointed out that Cardano’s governance model, grounded […]

25.09.2024 18:30 2 min. read Alexander Stefanov

MakerDAO Reconsiders WBTC Use After Key Meeting

Sky, previously known as MakerDAO, is reconsidering its stance on using Wrapped Bitcoin (WBTC) as collateral after a crucial meeting with BitGo CEO Mike Belshe.

25.09.2024 16:00 1 min. read Alexander Stefanov

Binance Hits Mind-Blowing Record of $100 Trillion Trading Volume

Binance has achieved a significant milestone, with CEO Richard Teng announcing that the exchange has surpassed an astonishing trading volume of $100 trillion.

25.09.2024 12:00 1 min. read Alexander Zdravkov

MicroStrategy Outshines S&P 500 Giants with Stunning 357% Growth

In a surprising twist, House of Chimera reports that Bitcoin-supported MicroStrategy has outperformed major S&P 500 companies, including Apple, Microsoft, NVIDIA, and Amazon.

25.09.2024 8:00 1 min. read Alexander Stefanov

USA Takes Legal Action Against Visa for Alleged Monopoly in Debit Payments

The U.S. Department of Justice (DOJ) has launched an antitrust lawsuit against Visa, accusing the payments giant of maintaining a monopoly in the debit payments sector.

25.09.2024 9:30 1 min. read Kosta Gushterov

Lawmakers Grill Gary Gensler Over SEC’s Missteps in High-Profile Crypto Case

During yesterday’s hearing, U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler faced strong criticism from lawmakers, particularly GOP Majority Whip Tom Emmer, regarding the SEC’s handling of Digital Licensing Inc., also known as DebtBox.

25.09.2024 9:00 2 min. read Alexander Stefanov

70% of Financial Advisors Now Invest in Bitcoin Personally

According to Matt Hougan, Chief Investment Officer at Bitwise, while widespread allocations of Bitcoin in client portfolios are still on the horizon, more financial advisors are now investing in cryptocurrency within their own personal portfolios.

24.09.2024 15:30 1 min. read Alexander Stefanov

Court Challenges SEC’s Rejection of Coinbase’s Call for Clear Crypto Rules

The U.S. Court of Appeals for the Third Circuit has expressed doubts regarding the SEC’s justification for denying Coinbase’s appeal for clearer guidelines on cryptocurrency regulations.

24.09.2024 21:30 1 min. read Kosta Gushterov

Turkey Abandons Tax Plans on Stock and Crypto Gains, Easing Investor Fears

Turkey has decided against implementing taxes on gains from stock and cryptocurrency trading, as confirmed by Vice President Cevdet Yılmaz in a recent Bloomberg interview.

24.09.2024 21:00 1 min. read Alexander Stefanov

Kraken Strengthens European Presence with New Acquisition

Kraken has bolstered its European growth strategy by acquiring Coin Meester (BCM), a prominent crypto broker in the Netherlands.

24.09.2024 20:00 1 min. read Kosta Gushterov

Ark Invest Offloads $2.8 Million in Bitcoin ETF Shares

On Monday, Ark Invest sold 44,609 shares of its spot Bitcoin exchange traded fund ARKB worth $2.8 million from its ETF Next Generation Internet (ARKW).

24.09.2024 17:00 1 min. read Alexander Stefanov

Sweden Declares Crypto Exchanges Major Money Launderers

The Swedish Police Authority and the Financial Intelligence Unit (FIU) have labeled cryptocurrency exchanges as “professional money launderers (PML)” after evaluating services from unlicensed operators.

24.09.2024 19:30 1 min. read Alexander Stefanov

Crypto Market on Edge as SEC Chair Faces Tough Questions in Congressional Testimony

The cryptocurrency market is on high alert as SEC Chair Gary Gensler prepares to testify before Congress this week.

24.09.2024 18:00 2 min. read Alexander Stefanov

Telegram Announced it Will Share User Data with Authorities

Telegram, the app renowned for prioritizing user privacy, is set to start disclosing users’ IP addresses and phone numbers to law enforcement agencies.

24.09.2024 12:30 1 min. read Kosta Gushterov

FTX Customers Set for $16 Billion Refund: A Crypto Comeback?

As the year ends, developments are emerging from the fallout of the FTX collapse, which was previously led by Sam Bankman-Fried.

24.09.2024 16:30 1 min. read Alexander Stefanov

EigenLayer Prepares to Remove Major Restrictions

EigenLayer is gearing up for the lifting of transfer restrictions on its EIGEN token, set for September 30.

24.09.2024 15:00 1 min. read

This Crypto Project Raised $100 Million to Boost Blockchain Scalability

The Celestia Foundation has secured $100 million in new funding, according to an official announcement.

24.09.2024 14:30 1 min. read Alexander Stefanov

Riot and Bitfarms Settle After Hostile Negotiations – What’s Next for Bitcoin Mining?

Riot Platforms Inc. and Bitfarms have finalized a settlement after extensive and contentious negotiations concerning Riot’s earlier attempt to acquire Bitfarms.

24.09.2024 12:00 2 min. read Alexander Stefanov

Is the Fed’s Rate Cut a Move to Boost Kamala Harris’ Campaign?

A recent 50 basis point interest rate cut by the Federal Reserve is seen by some as a move to support Kamala Harris’ presidential campaign.

24.09.2024 8:30 1 min. read Alexander Stefanov

How Much Would $1,000 in Tesla Stock from 2010 IPO Be Worth Now?

Elon Musk’s Tesla has been the center of attention these past few years with its astronomical gains, that positioned it as a top investment in most porfolios.

23.09.2024 16:17 2 min. read Alexander Stefanov

Crypto VCs Surge with $2.2 Billion in New Funding

Crypto venture capitalists have raised over $2.2 billion this year, with more than $500 million secured recently.

23.09.2024 22:00 1 min. read Kosta Gushterov

Donald Trump Will Win Election Amid Political Turmoil – Robert Kiyosaki

Robert Kiyosaki, the financial author behind Rich Dad Poor Dad, has generated buzz by declaring on social media that Donald Trump will win in future elections.

23.09.2024 20:00 1 min. read Kosta Gushterov

Chainlink Leads ERC-20 Projects in Development Activity, Outpacing Ethereum

According to crypto analytics firm Santiment, the decentralized oracle network Chainlink (LINK) leads all ERC-20 projects in development activity.

23.09.2024 9:00 1 min. read Alexander Zdravkov

Kamala Harris Signals Strong Support for Crypto in Bold Economic Strategy

Vice President Kamala Harris, the Democratic candidate for the upcoming presidential election in November, recently spoke at a Wall Street fundraiser where she addressed the cryptocurrency industry for the first time.

23.09.2024 8:00 1 min. read Alexander Stefanov

How Wall Street and Hollywood Boosted Kamala Harris’ Fundraising Ahead of Election

Donors from Wall Street, Silicon Valley, and Hollywood played a key role in helping Vice President Kamala Harris’ fundraising efforts in August, giving Democrats a financial advantage over Donald Trump on the cusp of the run-off election.

22.09.2024 21:00 1 min. read Alexander Zdravkov

Pro-Crypto Attorney to Face Elizabeth Warren in Key Debate on Crypto Regulation

Pro-XRP attorney John Deaton, who has secured the Republican nomination for a Massachusetts Senate seat, will face off against Democratic Senator Elizabeth Warren in a highly anticipated debate on October 15, 2024.

22.09.2024 16:00 2 min. read Alexander Stefanov

Ripple Co-Founder Transfers 20 Million XRP: What’s Behind the Move?

Ripple Chairman Chris Larsen has recently moved 20 million XRP as part of a larger shuffle involving 50 million tokens.

22.09.2024 14:00 2 min. read Alexander Stefanov

SEC Likely to Appeal Ripple Ruling as Deadline Approaches

Tensions surrounding the Ripple vs. SEC lawsuit are intensifying as discussions about a potential appeal gain traction.

22.09.2024 8:00 2 min. read Alexander Stefanov

BNY Mellon Gets SEC Crypto Exemption, Sparking Concerns

BNY Mellon, the largest custodian bank in the U.S., has reportedly secured an exemption from the SEC’s Accounting Bulletin 121 for its institutional crypto custody operations.

21.09.2024 19:00 2 min. read Alexander Zdravkov

Cardano Founder Warns Trump and Harris Could Threaten Crypto’s Future in the U.S.

Charles Hoskinson, co-founder of Cardano and Ethereum, has raised concerns about how former President Donald Trump and Vice President Kamala Harris approach cryptocurrency policy.

21.09.2024 18:00 1 min. read Kosta Gushterov

Bank of Canada Pauses Retail CBDC Development, Shifts Focus to Payment Systems

The Bank of Canada has announced that it is winding down its efforts on retail central bank digital currency (CBDC), as per an update on its website.

21.09.2024 15:00 2 min. read Kosta Gushterov