This week, the cryptocurrency market began to shake off its June gloom, showing promising signs of recovery driven by a surge in investor interest, particularly in altcoins. Leading the charge is Solana (SOL), which outshone even stalwarts like Bitcoin (BTC) and Ethereum (ETH)—both of which saw declines of 5% and 3% respectively over the past […]
Crypto Rebounds: Solana Leads Altcoin Rally Amid ETF Buzz Read More »
In a dramatic escalation of regulatory scrutiny within the cryptocurrency sector, the United States Securities and Exchange Commission (SEC) has launched a lawsuit against Ethereum software giant, Consensys. The SEC’s complaint, filed on Friday, accuses Consensys of operating as an unregistered broker through its MetaMask Swaps service and collecting over $250 million in fees through
Regulatory Rumble: SEC Targets Consensys Read More »
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
CORE ETP Debuts: Revolutionizing Bitcoin Staking Read More »
In a move echoing the Winklevoss twins’ recent faux pas, Jesse Powell, co-founder of the cryptocurrency exchange Kraken, has reportedly donated a whopping $1 million to Donald Trump’s election campaign, overshooting the legal limit for individual contributions which stands at $844,600. This hefty donation, primarily in ether, may see a significant portion returned, much like
Crypto Clash: Kraken’s Powell Overshoots Donation Cap in Political Pivot Read More »
Nigeria’s cryptocurrency scene is currently valued at a whopping $400 million, signaling a burgeoning market amidst challenging regulatory dynamics. This announcement came from Emomotimi Agama, the chief of Nigeria’s Securities and Exchange Commission (SEC), during a press conference where he projected further growth in crypto trade volumes despite recent stringent measures against exchanges. The nation
Nigeria’s $400M Crypto Rollercoaster: Thrills, Spills, and Regulatory Chills Read More »
Coinbase, a leading U.S. cryptocurrency exchange, has announced a significant policy regarding the upcoming token merger under the Artificial Superintelligence Alliance (ASI). The alliance, comprising AI-focused blockchain companies Ocean Protocol, Fetch AI, and SingularityNET, revealed plans in April for a token merger involving their respective tokens—OCEAN, FET, and AGIX. Despite the buzz around this consolidation,
Coinbase Opts Out of ASI Token Migration, Shakes Up User Strategy Read More »
MegaLabs, the pioneering developer firm behind the groundbreaking Ethereum scaling protocol known as MegaETH, has secured a substantial $20 million in its seed funding round. This investment round was spearheaded by Dragonfly Capital and saw contributions from a cohort of notable firms including Figment Capital, Folius Ventures, Robot Ventures, Big Brain Holding, Tangent, and Credibly
MegaLab’s $20M Seed Round: A Leap Towards Real-Time Blockchain Read More »
North American Bitcoin mining firm Hut 8 has made headlines with a significant financial milestone, announcing a $150 million strategic investment from Coatue. This investment, structured as a convertible note, is set to catalyze Hut 8’s ambitious expansion into the AI infrastructure market. As the demand for AI compute capacity continues to rise, outstripping the
Power Play: Hut 8 Nets $150M to Conquer AI—What’s Next? Read More »
Bitcoin (BTC) $ 113,779.00 0.84%
Ethereum (ETH) $ 4,308.14 4.46%
XRP (XRP) $ 2.93 1.35%
Tether (USDT) $ 1.00 0.01%
BNB (BNB) $ 863.70 4.58%
Solana (SOL) $ 184.32 4.65%
USDC (USDC) $ 0.999857 0%
Lido Staked Ether (STETH) $ 4,297.91 4.49%
TRON (TRX) $ 0.351509 1.15%
Dogecoin (DOGE) $ 0.218297 3.51%