The legal challenges of bankrupt Terraform Labs are about to get complicated. This is because former crypto hedge fund giant Three Arrows Capital (3AC) has made a claim of $1.3 billion on the firm. 3AC has labeled the former of being behind its implosion in 2022. The Growing Terraform Labs Challenges The claims from the […]

Ethereum price revealed mixed technical and fundamental signals as the week began, reflecting intense volatility that affected Bitcoin and most altcoins during the weekend. A spike in transfers to exchanges could augment the downtrend before Ether regains momentum to tackle higher resistance levels. Ethereum Whales Prepare To Sell Ethereum price reversed from $2,500 support on […]

The European Union (EU) Commission has recently issued a warning to Elon Musk ahead of its much-awaited interview with Donald Trump. The EU, in a recent letter sent to the X owner, showed concerns over the potential spread of harmful content on the social media platform, which could violate the Digital Services Act (DSA) norms. […]

Toncoin price bounced 4.2% to $6.47 during the U.S. trading session on Monday. The new week started bullish for most major altcoins, projecting market stability to recover losses from the July correction. Though Bitcoin’s struggles to surpass the $60,000 mark still dampen broader market optimism, the TON network displays promising growth, fueled by its recent […]

Vivek Ramaswamy, a top supporter of Donald Trump thinks its high time Vice President Kamala Harris took a crypto stand. The 39-year-old American entrepreneur and Republican party member says the VP owes it to the crypto community members who needs to know her potential policies on digital assets and the SEC’s future. Kamala Harris to […]

TL;DR Optimism plans to introduce native interoperability for its Superchain in 2025, facilitating transactions across ecosystem networks. The new native interoperability aims to address current issues of cost and slowness, enhancing user experience by making it feel like operating across multiple networks is like working with a single blockchain. OP will include universal token standards, […]

Data shows the Bitcoin market sentiment has taken to extreme fear again as the asset’s price has seen a retrace to the $59,000 mark. Bitcoin Fear & Greed Index Suggests Market Now Extremely Fearful The “Fear & Greed Index” is an indicator created by Alternative that tells us about the average sentiment that’s currently present […]

TL;DR Cryptocurrency startups received $2.7 billion in venture capital investments in the second quarter of 2024, a 2.5% increase compared to the first quarter. The number of deals closed decreased by 12.5% from the first quarter, showing a notable cooling in investment activity. Investments have been primarily focused on infrastructure projects, while consumer-oriented applications have […]

Elon Musk’s social media platform, X, is facing an investigation in Austria over alleged violation of the data privacy law through the use of personal data for AI training. The Austrian privacy NGO NOYB, directed by Max Schrems, has filed a complaint before the Austrian authorities for breach of the EU’s strong privacy rules. This […]

According to a recent update, the US SEC has charged NovaTech and its leaders over a $650 million crypto scam. The major crackdown on crypto fraud highlights growing regulatory scrutiny in the cryptocurrency market as authorities push to protect investors from fraudulent activities. The charges appear to be a part of a broader effort to […]