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Day: May 13, 2024

Wells Fargo Dips Into Bitcoin ETFs
Fiat

Wells Fargo Dips Into Bitcoin ETFs

ByGlitch May 13, 2024May 13, 2024

American banking giant Wells Fargo has recently marked its entry into the cryptocurrency sector by investing in multiple Bitcoin ETFs (Exchange-Traded Funds), according to a new regulatory filing. The move…

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Meme Coins Rally After Roaring Kitty’s Return
Web3

Meme Coins Rally After Roaring Kitty’s Return

ByGlitch May 13, 2024May 13, 2024

The cryptocurrency and stock markets experienced a significant surge early Monday, following a tweet by Keith Gill, better known as Roaring Kitty or DeepFuckingValue. His post, the first in nearly…

Read More Meme Coins Rally After Roaring Kitty’s ReturnContinue

SEC Counters Coinbase’s Regulatory Plea
Web3

SEC Counters Coinbase’s Regulatory Plea

ByGlitch May 13, 2024May 13, 2024

In an ongoing legal tussle, the U.S. Securities and Exchange Commission (SEC) has urged the court to dismiss Coinbase’s petition for a revamped regulatory framework tailored to crypto assets. This…

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Rain Exchange Suffers $14.8M Exploit
Web3

Rain Exchange Suffers $14.8M Exploit

Bybennysteele May 13, 2024May 13, 2024

The Middle Eastern cryptocurrency exchange Rain has reportedly been exploited for $14.8 million, as revealed by the renowned crypto investigator ZachXBT. The announcement came via ZachXBT’s Telegram channel, where he…

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Bitfarms CEO Fired Amid Lawsuit
Web3

Bitfarms CEO Fired Amid Lawsuit

Bybennysteele May 13, 2024May 13, 2024

Toronto-based Bitcoin mining firm Bitfarms has made headlines by abruptly dismissing CEO Geoffrey Morphy on Monday, following his lawsuit against the company demanding $27 million in damages for alleged breach…

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MoonPay Fuels Crypto Advocacy
Web3

MoonPay Fuels Crypto Advocacy

Bybennysteele May 13, 2024May 13, 2024

MoonPay, a key player in the crypto payments infrastructure, has taken a significant step by contributing $1 million to Stand With Crypto, an advocacy group launched by the crypto exchange…

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Spot Bitcoin ETFs See Rebound
Fiat

Spot Bitcoin ETFs See Rebound

ByAnshul May 13, 2024May 13, 2024

After four weeks of sustained outflows totaling over $1 billion, spot bitcoin exchange-traded funds (ETFs) in the United States have finally seen a return to net inflows, amassing $116.8 million…

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Bitcoin’s Leap to Stablecoins on Lightning
Web3

Bitcoin’s Leap to Stablecoins on Lightning

ByAnshul May 13, 2024May 13, 2024

The recent announcement by Lightning Labs CEO Elizabeth Stark at the Financial Times Crypto and Digital Assets Summit has sparked considerable interest in the cryptocurrency community. Stark revealed that the…

Read More Bitcoin’s Leap to Stablecoins on LightningContinue

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