According to blockchain intelligence firms Arkham Intelligence and Breadcrumbs, Yuga Labs, creators of the Bored Ape Yacht Club (BAYC), has been transferring royalties to a wallet connected to FTX US, which is now bankrupt. For the last two months, Yuga Labs have been flowing more than $250,000 worth of assets to the wallet address 0xAAe7aC476b117bcCAfE2f05F582906be44bc8FF1 […]

Solana Price Prediction: Amid the recent market uncertainty surrounding spot Bitcoin ETF approval, the Solana price witnessed a notable correction in the last two weeks. From the new local top of $126.36, the coin price has plunged nearly 25% to currently trade at $94.58. However, a look at the daily time frame chart shows this […]

Coinbase has been actively contesting the jurisdiction of the U.S. Securities and Exchange Commission (SEC) regarding cryptocurrency transactions. In a recent development, Coinbase is petitioning the court for authorization to file an interlocutory appeal concerning the SEC’s interpretation of an “investment contract.” Coinbase CLO Initiates Legal Action Coinbase Chief Legal Officer Paul Grewal has taken […]

Bitcoin ETF tickers have started showing up on major trading interfaces like Bloomberg, Fidelity, and TD Ameritrade just before the final decision around the ETF approval kicks in. Fidelity, Bloomberg and TD Ameritrade display new spot Bitcoin ETF tickers Massachusetts-based multinational financial services corporation Fidelity and US brokerage firm TD Ameritrade on Wednesday started displaying […]

EigenLayer by Eigen Labs announces the removal of all Liquid Staking Token (LST) caps and unpausing restaking deposits from next week. EigenLayer, the first restaking protocol on Ethereum blockchain, continues to announce groundbreaking updates becoming the biggest crypto project of the year. EigenLayer Announces Unpausing Restaking Deposits In an official announcement, EigenLayer said it is […]

After the U.S. Securities and Exchange Commission (SEC) greenlights spot Bitcoin ETF listing and trading, the largest asset manager BlackRock’s iShares Bitcoin Trust ETF (IBIT) debuts with a bang by skyrocketing nearly 25% in pre-market hours on Nasdaq. Experts anticipate a massive inflow in the Bitcoin ETFs from the first day itself. BlackRock Spot Bitcoin […]

With the fourth Bitcoin (BTC) halving approaching, the mining community is becoming more concerned. Scheduled for April 19, 2024, this event will cut mining rewards from 6.25 BTC to 3.125 BTC per block. Charles Edwards, the founder of Capriole Investments, emphasizes immediate risks. Miners who have old, less efficient hardware might bear a great financial […]

Vanguard, one of the leading investment management firms is taking a cautious stance on the burgeoning market of spot bitcoin ETFs. Spot Bitcoin ETF: a No-Go Area for Vanguard Despite the recent approval of 11 such funds by the United States Securities and Exchange Commission (SEC), Vanguard customers found themselves unable to participate in the […]

The U.S. Securities and Exchange Commission (SEC) recently issued a Wells notice to Uniswap Labs, indicating a potential enforcement action. This action has triggered widespread debate in the cryptocurrency community, mainly concerning the SEC’s position regarding similar matters in the past. Adam Cochran of Cinneamhain Ventures, as a result,  critiqued the SEC’s approach over the […]

In December 2023, Solana (SOL) overtook Ripple’s XRP to emerge as the 5th largest cryptocurrency. Subsequently, HKVAC, a Hong Kong-based digital asset agency, has undergone index rebalancing. The agency recently announced that the HKVAC Top 5 Global Large Cryptocurrency Index would add SOL and remove XRP with effect from Friday, January 19, 2024. Inside HKVAC […]