Prometheum Inc., the only crypto securities platform to register with the Securities and Exchange Commission (SEC) in the U.S., has decided that Ethereum (ETH) will be its first digital asset in custody on behalf of clients. This move opens the doors to the company’s journey into the cryptocurrency custody space as it intends on expanding […]

A former Kansas Bank CEO is accused of embezzling $ 47.1 million from the lender to invest in cryptocurrency investments. Shan Hanes, the former leader of Heartland Tri-State Bank which folded in July, is also charged with embezzling money from a local church. The details of this incredible case were disclosed by prosecutors’ filing in […]

Cryptocurrency exchange OKX has registered a new expansion with the introduction of OKX Argentina to offer a new crypto wallet and digital asset platform. OKX Argentina Operations Kicks Off In a recent announcement, the global Web3.0 technology and brokerage outfit announced the debut of its Web3.0 wallet in Argentina. Amongst its counterparts, the Seychelles-headquartered crypto exchange […]

Bitcoin Mining firm BitFuFu is eyeing an initial public offering in the US via a SPAC merger. The company had previously filled a form F-4 with the SEC which was approved today, strengthening the chances of the firm going public. The IPO will also come at a time when Bitcoin Mining has been steadily increasing […]

Binance cryptocurrency exchange is set to face legal challenges in Uzbekistan. The National Agency for Prospective Projects (NAPP) has announced its intention to take Binance to court for operating without the necessary license in the country. This move underscores the increasing scrutiny and regulatory demands facing crypto exchanges globally. According to reports, Binance has been […]

Crypto startup Fireblocks has decided to slash jobs as the firm undergoes restructuring. According to a Bloomberg report, Fireblocks is planning to lay off nearly 3% of its workforce. The move echoes in tandem with other market players with Polygon Labs and SNAP token creator also announcing job cuts previously. Fireblocks to slack 3% of […]

Ark 21Shares, a key player in digital asset investment, has made big changes to its S-1 filing for a spot Ethereum ETF. One of the most important updates is adding a section all about staking, showing how the company adapts to the changing world of cryptocurrency investment. They’ve also included similar language about cash creation […]

Jupiter and Pyth Network are among the top Solana ecosystem altcoins that are making waves in 2024. These coins are not just digital assets; they represent innovative projects within the Solana blockchain that aim to transform various aspects of technology and finance. Whether you’re looking to invest or simply curious about the latest trends in […]

The Ethereum Dencun upgrade has today been successfully implemented on the Holesky testnet by Ethereum’s core developers in what will be seen as a massive stride in the final phase of the enhancement of the testnet before mainnet deployment, which is set for next month. Major Ethereum execution client Nethermind said the upgrade went live […]

Investing in the crypto market can be very lucrative to investors but the extremely volatile nature of the sector demands resilience, the ability to catch new trends in budget cryptos, and a wit to identify solid projects both for short-term and long-term goals. This year started on a positive symphony amid the hype surrounding the […]