Day: November 24, 2023

Lagarde Reveals Son’s Crypto Losses Amid ECB Stance

Christine Lagarde, the President of the European Central Bank (ECB) and a notable critic of cryptocurrencies, has long advocated for shielding the Eurozone from the volatile nature of digital assets. However, in a candid admission, Lagarde revealed a personal encounter with crypto within her own family: her son’s significant losses in cryptocurrency investments. During a […]

Wallet of Satoshi’s US Exit Stirs Regulatory Debate

In a move that has sent ripples through the Bitcoin community, Wallet of Satoshi, a prominent self-custody Bitcoin Lightning app, announced its withdrawal from the US market. This decision, made public on November 24, has sparked widespread speculation and concern about the increasing regulatory pressures in the US, particularly in light of the recent actions […]

UK Greenlights Tokenization of Investment Funds

The United Kingdom has officially authorized the use of tokenization for FCA (Financial Conduct Authority) approved investment funds. Announced on November 24th by The Investment Association, this initiative marks a substantial shift in the investment sector, aiming to enhance efficiency, transparency, and competitiveness. The decision to adopt tokenization, a process of digitizing assets through Distributed […]

Bitfarms’ $44M Raise to Boost Bitcoin Mining

Bitfarms Ltd., a leading Canadian Bitcoin mining company, has taken a significant step towards expanding its operations. The company recently announced a private placement deal with U.S. institutional investors, aiming to raise approximately $44 million (or $60 million CAD). This strategic financial move, expected to close around November 28, involves issuing over 44 million common […]

Coincall’s Fireworks: A Token Airdrop Game-Changer

Coincall is about to transform the market landscape with its innovative promotional campaign, “Coincall Fireworks.” This initiative, launching on November 20th, is designed not just to enhance market awareness and engagement but also to democratize access to crypto derivatives trading. Coincall proudly stands as the world’s first exchange to eliminate spreads in crypto options trading. […]

DUST Token Surge: Unfounded GTA Rumors Stir Market

In a striking example of how rumors can fuel market movements, DUST, the native token of the NFT collection DeGods, experienced a notable rally from $0.62 to nearly $0.80. This surge was spurred by a peculiar and entirely unsubstantiated rumor suggesting the upcoming Grand Theft Auto (GTA) game would feature the cryptocurrency. Although the rumor […]

KyberSwap Hacked: $48M Stolen, Attacker Teases Talks

The world of decentralized finance (DeFi) was rocked recently by a staggering theft at KyberSwap, a prominent decentralized exchange (DEX). In a heist nearly totaling $50 million, the platform has become the latest victim in a series of attacks plaguing the DeFi sector. This incident has raised alarms throughout the community, with the DEX advising […]

Earn Network’s EARN Token Announced

Earn Network is a decentralized platform known for its innovative yield-generation strategies. The network has recently announced a significant milestone: the public sale of its EARN token, set to commence on November 24. This event, limited in duration, marks a crucial phase in Earn Network’s journey to reshape the DeFi sector. The Earn Network has […]