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 […]

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 […]

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 […]

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 […]

The recent positive run in the cryptocurrency market has sparked a transfer of $1.4 billion worth of USDC to digital asset exchange, Coinbase. According to on-chain crypto analytics firm CryptoQuant, the highest inflow of the stablecoin USDC was recorded with $1.4 billion worth of the asset on Coinbase. Although details of the transfers remain sketchy, […]

The open interest in Bitcoin futures on centralized exchanges has reached a new peak. According to CoinGlass, the figure hit $38 billion on Friday. This represents a significant milestone, indicating heightened trading activity around Bitcoin. Bitcoin Futures Open Interest Skyrockets in 2024 Since the beginning of 2024, the daily Bitcoin futures open interest growth has […]

Amid the global scrutiny encountered by the newly emerging tech of AI (artificial intelligence), the Biden administration’s recent enhanced approach in barring AI chip exports to China nabbed global attention. Making it harder for the Chinese market to access U.S. AI chips and chipmaking tools, these revamped export curbs come as a measure to hamper […]

The Medallion Fund, managed by top mathematicians at RenTech, has achieved remarkable returns over the years. Renowned for its consistent profitability, the fund has yielded impressive results, reaching a staggering 7.4 times its initial investment over a span of 7 years. Bitcoin, the largest cryptocurrency by market cap, has demonstrated significant growth potential over the […]

Justice Scott Skavdahl, who has been hearing the case between Custodia Bank and the Federal Reserve, changed his view on the issue of the Fed’s power over the master account applications. At first, Judge Skavdahl appeared to be doubtful that Congress had given the Federal Reserve complete freedom in determining such applications.  This viewpoint entailed […]

Charles Hoskinson, Cardano’s founder, believes that activating decentralization governance, the treasury, and partner chains are key catalysts to driving blockchain sustainability. Improving Blockchain Scalability and Transaction Volume The Cardano founder shared these key catalysts for blockchain sustainability in response to an earlier X post. Patrick Tobler, a crypto enthusiast and the CEO and founder of […]