In the latest development, a github hack leak revealed that Binance’s users’ data might be facing some threats with a large amount of KYC information now available on the dark web platforms. this led to a major buzz in the market forcing the Binance team to respond. Binance Security Team Assures Saftey In response to […]

In a bipartisan effort, Representatives Mike Flood and Wiley Nickel are urging the U.S. Securities and Exchange Commission (SEC) to greenlight options trading on Spot Bitcoin ETFs. These lawmakers have written a letter addressed to SEC chair Gary Gensler, pushing him to consider their request. SEC Chair Gary Gensler Under Pressure To Approve Bitcoin ETF […]

Cardano (ADA) stands as a prominent player, offering a robust blockchain platform designed to usher in a new era of secure and scalable decentralized applications. At the heart of Cardano’s ecosystem is ADA, the native token that not only facilitates transactions but also plays an important role in staking and governance. Recent months have seen […]

Block Inc., the former Square, which is owned by Jack Dorsey, has declared that it will reinvest 10% of its Bitcoin-related gross profits into Bitcoin. This step is part of the new company’s policy to get more involved into cryptocurrency, demonstrating the company’s faith in Bitcoin’s value as a basic digital currency. On May 2, […]

Crypto markets have been rangebound ever since the green signal for the Bitcoin ETF arrived. Apart from a larger consolidation phase, dented investor sentiment and uncertainty in the market have hurt the digital asset share. Despite the larger sentiment, Wall Street has turned bullish on the stock market. The change in sentiment could see crypto […]

DePIN which stands for decentralized physical infrastructure networks, is one of the hottest Web3 trends. Crypto investors are pouring millions into the DePIN sector, which has already hit $25 billion in market cap. These projects leverage blockchain technology to develop, maintain, and manage infrastructure to build a more decentralized and transparent system. The role of […]

Treasury Secretary Janet L. Yellen is set to outline significant concerns around artificial intelligence and digital assets before the Committee on Financial Services of the U.S. House of Representatives on Tuesday. Yellen pointed out in the statement that the financial sector’s increasing adoption of artificial intelligence warrants attention. While AI promises to reduce costs and enhance […]

Digital asset exchange Coinbase released its Q1 2024 earnings report posting better-than-expected profits on the back of improved activity. A key feature of the release was that revenues doubled to $1.58 billion year-over-over showing a strong performance in the last three months.  The report of huge growth from Coinbase and other publicly listed firms has […]

The world’s largest crypto exchange Binance has again topped world’s leading derivatives marketplace Chicago Mercantile Exchange (CME) in Bitcoin futures after months. The outflow from GBTC drops continuously, and so do other spot Bitcoin ETFs, including BlackRock and Fidelity. Binance Surpasses CME in Bitcoin Futures Open Interest Bitcoin Futures open interest (OI) on Binance has […]

Bitcoin, the leading cryptocurrency, is currently witnessing a resurgence in its short-term price trajectory after accumulating over $2.8 billion worth of Bitcoin (BTC) within a mere 24-hour period. This surge in accumulation comes on the heels of a recent downturn in Bitcoin price, which plummeted to $56,555 earlier in the week, sparking concerns across the […]