US crypto firms are establishing themselves as frontrunners in the global market by offering notably higher compensation packages, as outlined in a recent survey conducted by Dragonfly Capital, a digital-asset investment firm. The survey findings underscore a significant disparity in compensation between US-based crypto companies and their international counterparts, with US crypto salaries surpassing those […]

Thailand’s push towards virtual banking has opened doors for major players like Gulf Energy to explore new avenues. As the country begins accepting applications for virtual bank licenses, Gulf Energy eyes an expansion into crypto trading and digital lending. Notably, this move signals a significant shift in the energy giant’s strategy, aligning with the evolving […]

Kraken, one of the leading cryptocurrency exchanges, has unveiled its Qualified Custody Solution tailored for the US market. As unveiled, Kraken Financial holds all reserve deposits, which makes it the most suitable service provider for Kraken Institutional to offer qualified custody.  What the New Kraken Custody Solution Offers With the increasing interest from institutional investors […]

The bankruptcy court has approved an extensive probe into the relationship between Sullivan & Cromwell LLP, a leading law firm, and FTX, the cryptocurrency exchange that filed for bankruptcy in November 2022. This ruling is a stepping-stone to the scrutiny of the legal firm’s role and actions prior to and during FTX’s bankruptcy proceedings. Scrutiny […]

As Coinbase unveils its plans to introduce futures trading for Dogecoin (DOGE), Litecoin (LTC), and Bitcoin Cash (BCH), XRP lawyer Bill Morgan voices disappointment over the lack of support for Ripple’s native cryptocurrency, XRP. Notably, the move has sparked discussions within the crypto community, with questions raised about Coinbase’s choice to prioritize Dogecoin over XRP. […]

Grayscale CEO, Michael Sonnenshein, has stepped forward to defend Ethereum’s classification as a commodity in light of potential scrutiny from the Securities and Exchange Commission (SEC). Sonnenshein’s stance comes amidst ongoing debate within the cryptocurrency community regarding the regulatory status of Ethereum. Sonnenshein’s defense is rooted in the precedent set by former SEC Director Bill […]

Montenegrin prosecutors have refused to accept the court’s verdict on the extradition of Do Kwon, Terraform Labs co-founder Do Kwon to South Korea.  Complications in The Do Kwon Extradition to South Korea Two weeks ago, a high court in Podgorica, Montenegro ruled that Do Kwon should be extradited to South Korea. This was a reversal […]

In what comes as another attention-grabbing phenomenon within the AI landscape, the United Nations General Assembly (UNGA) recently embraced a global accord on AI, showcasing efforts to bring about this newly emerging technology’s seamless and secure functioning. Aligning with the dynamic global tech landscape, as AI continues to push the boundaries of organizations, this pivotal […]

WisdomTree, a prominent U.S. Spot Bitcoin ETF issuer, has captured the attention of investors following its recent approval from the New York State Department of Financial Services (NYDFS). Notably, this green light allows WisdomTree to expand its crypto services in New York, marking a significant milestone in the company’s journey into the digital asset landscape. […]

A brief bullish wave on Tuesday convinced investors that this week’s retrace was temporary and that cryptocurrencies were ready to resume their ballistic rallies. However, a 2.6% drop in Ethereum price in 24 hours seems to be dimming the hope for an immediate U-turn toward all-time highs. After climbing to $4,091, Ethereum price hovers at $3,430 during […]