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German Lawmaker Slams Government’s Bitcoin Sell-Off Strategy

Joana Cotar, a pro-Bitcoin member of the German Bundestag, has openly criticized the German government’s decision to liquidate a significant portion of its Bitcoin holdings. Her concerns arise as the government initiates transfers of Bitcoin, totaling hundreds of millions of dollars, from state-controlled wallets to exchanges and trading desks. Just today, blockchain intelligence firm Arkham […]

$84 Million Crypto Scam: Hedge Fund Owner’s Downfall?

The Illinois District Court has ruled against Sam Ikkurty, a crypto hedge fund owner involved in a Ponzi-like scheme, ordering him to repay nearly $84 million to defrauded investors. The court’s directive includes restitution of $83,757,249 and the disgorgement of $36,967,285, with the latter amount to be offset by any sums already paid towards restitution. […]

Mew vs. Doge: Meme Coin Enters the Battle Arena on Telegram

Mew, a meme coin based on the feline character from Solana’s “Cat in a Dogs World” (MEW), is making a splash in the Telegram gaming world. The cat will star in PixelTap, a combat-focused crypto game developed by Pixelverse, where it will face off against Shibatoni, a formidable dog boss inspired by popular canine-themed cryptocurrencies […]

Friend.tech’s Reversal on Base Migration Sinks Token to Record Low

Friend.tech has made a surprising U-turn in its decision to migrate from the Coinbase-incubated layer-2 network, Base. Initially, on June 10, the platform announced plans to establish its own blockchain, a move that was not well-received by its community. The recent decision to remain on Base has further impacted the platform negatively, sending its FRIEND […]

Ether ETFs Await U.S. Debut

In a significant financial shift, professional investors have withdrawn over $120 million from ether (ETH)-tracked exchange-traded products (ETPs) in just two weeks, according to a recent report from crypto firm CoinShares. This marks the largest outflow since August 2022, with $60 million departing each week. Despite these substantial outflows, the landscape for other crypto ETPs […]

Supreme Court Ruling Ignites Memecoin Frenzy

The recent US Supreme Court decision, which ruled that former President Donald Trump cannot be prosecuted for acts committed while in office, has unexpectedly spurred a rally among politically themed memecoins. This verdict, delivered by an ultraconservative bench, has notably impacted both the legal landscape and the cryptocurrency market, especially with tokens that carry political […]

Coinbase Challenges SEC: Seeks Clarity in Crypto Regulations

Coinbase has escalated its ongoing legal confrontation with the U.S. Securities and Exchange Commission (SEC), drawing on a recent court victory of Binance as a precedent. In a significant legal filing, Coinbase cited the dismissal of the SEC’s claims against Binance, where the judge ruled that secondary market transactions of the BNB token were not […]

CORE ETP Debuts: Revolutionizing Bitcoin Staking

In a landmark move for cryptocurrency investment, the first exchange-traded product (ETP) for CORE, the native token of the Bitcoin-powered Core blockchain, is set to launch on Sweden’s Spotlight Stock Exchange. This initiative, spearheaded by Toronto-based Valour, aims to bridge the gap between traditional finance and digital assets, offering conventional investors a direct pathway to […]