Short Traders Bet $11 Billion Against Crypto Stocks Drive

Short trader bets against crypto stocks have hit $11 billion amid the rise in the cryptocurrency market this week. The total amount against crypto stocks this year continues to rise despite the upturn in the market, Bloomberg reported.  Crypto stocks are assets that companies that have significant exposure to Bitcoin, other cryptocurrencies, or blockchain technology […]

Bitdeer to Raise $100 Million To Expand Bitcoin Mining Facility

As per the sources familiar with the matter, popular crypto-miner Bitdeer Technologies is looking to raise over $100 million from private credit firms as part of its expansion plans. This development comes three weeks ahead of the upcoming Bitcoin halving which would be a game-changing event for the miners. Bitdeer to Ramp Up Bitcoin Mining […]

Shiba Inu Partner Bad Idea AI (BAD) Rallies 20% As GateIO Unveils Listing

Shiba Inu partner Bad Idea AI recently garnered significant attention across the global crypto realm as its native token, BAD, rallied nearly 20%. This phenomenal price rally comes primarily attributed to a listing announcement unveiled by a renowned cryptocurrency exchange, GateIO, which appears to be fueling market optimism for the token. Bad Idea AI is […]

Breaking: US Court Denies Coinbase Motion to Dismiss SEC Lawsuit

A United States Court has set aside Coinbase motion to dismiss the Securities and Exchange Commission’s lawsuit against the platform.  In a March 27 ruling, a Federal court in Manhattan gave a go-ahead to the case and struck out claims against Coinbase Wallet sparking debates along crypto community lines. According to court documents, Judge Katherine […]

Michael Saylor Stays Positive on Bitcoin; Places it Above MicroStrategy Shares

MicroStrategy co-founder Michael Saylor in an interview expressed his optimism over Bitcoin trading. However, the most intriguing of the interviews was Michael Saylor giving preference for Bitcoin investments over MicroStrategy shares. The remark comes at a time when Bitcoin prices have tumbled nearly 1.5% in the last 24 hours, while MicroStrategy shares are trading up […]

Pro-XRP Lawyer Compares Coinbase Vs SEC Lawsuit With Ripple

The legal tussle between Coinbase and the U.S. Securities and Exchange Commission (SEC) has gained notable traction with the crypto community, including a pro-XRP lawyer, reacting to it. Notably, the case intensified as a federal court denied Coinbase’s motion to dismiss the SEC lawsuit on March 27. Meanwhile, this development has drawn comparisons from a […]

US SEC Leverages Judge Failla Ruling in Coinbase Case to Binance, CZ Lawsuit

The U.S. Securities and Exchange Commission (SEC) gets partial win in the Coinbase case, with Judge Failla ruling significant decisions on securities aspects in wallet service, staking service, secondary market sales, and others. The U.S. SEC now seeks to leverage key decisions in the Coinbase case, including dismissal of the lawsuit, against Binance and other […]

Prisma Finance Suffers Exploit, Drained $11 Million

Decentralized lending protocol Prisma Finance has suffered a major exploit with losses above $11 million sparking concerns for the wider crypto community.  Blockchain security firm PeckShield flagged suspicious on-chain activity on March 28 with initial losses of $8.1 million. Following investigations, the total assets drained hit $11.6 million about 3,257 ETH.  Similarly, blockchain alert firm […]

Top 7 Chains with Crypto Developer Activity

Developer activity is crucial for cryptocurrency investors searching for the next big thing to consider when making investment decisions. The number of developers working on a blockchain indicates its potential. Retail users fuel demand in the cryptocurrency market, while developers supply the overall framework. You can check the daily crypto developer activity of the blockchains […]

Elon Musk’s X Payments Get New License In Louisiana, DOGE Rally To Continue?

Tech enthusiasts are abuzz with excitement as Elon Musk’s X Payments secures yet another feather in its cap with a newly acquired payment license in Louisiana. The latest development adds to the momentum of X Payments, following last week’s acquisition of three additional money transmitter licenses across various U.S. states. However, amid the fervor, speculation […]