The weekly unemployment data released on Thursday showed that unemployment had declined in the US for a Week. The data came in the backdrop of crucial PPI inflation data, which disappointed the markets overall. With the Fed’s interest rate decision due next week, markets will gauge investment decisions carefully now. US Weekly Unemployment Numbers The […]

The Hong Kong Monetary Authority (HKMA) has officially launched the second phase of its e-HKD pilot, which is an important move in the further study of central bank digital currencies (CBDCs) in the region. This second stage is designed to explore more deeply the functionalities and applications of the digital Hong Kong dollar in the […]

A wallet that is attributed to Justin Sun, the founder of Tron, deposited a deposit of 120,000 Ethereum (ETH), which is worth around $480 million, into the liquid restaking protocol Ether Fi. This deal constitutes a major occurrence for both Justin Sun and the Ether Fi platform, thus solidifying Sun’s involvement in the decentralized finance […]

Quite a user of the spot Bitcoin ETFs that were approved by the United States Securities and Exchange Commission (SEC) in January have gained additional recognition as wealth management firm Cetera has added support to trade them. Spot Bitcoin ETF Products Gaining More Mainstream Support On Thursday, Cetera announced the launch of a new policy […]

Offchain Labs has successfully launched the Atlas upgrade within the Arbitrum ecosystem. This update signifies significant progress in the quest to minimize transaction costs on Ethereum Layer 2 solutions. By incorporating the novel transaction type known as blobs, introduced in the recent Dencun upgrade, the Atlas upgrade promises to lower the financial barrier for users […]

Blockchain analytics firm Elliptic revealed a significant move by the Lazarus Group, involving $12 million in Ether. This transaction was conducted using Tornado Cash, a cryptocurrency mixer. Though under sanctions, the North Korean hacker organization resumed utilizing this platform. These funds go back to a cyber-attack on HTX and at the Heco Bridge in November, […]

Pepe Coin has dominated the trending cryptocurrencies chart hitting an all-time high of $0.00001051. PEPE price has increased by 65% in the last week and over 800$ over the past seven days.  The price surge is attributed to Elon Musk’s PEPE promotion on social media, the coin’s stability and resilience despite profit-taking actions by whales […]

JPMorgan Chase & Co., a well-known American Investment Bank has found itself in hot water as it faces a $348.2 million fine by two US bank authorities. Banking Giant Facing Allegations of Financial Misconduct According to the announcement, the Federal Reserve in collaboration with the Office of the Comptroller of the Currency (OCC), imposed this […]

Popular American rapper French Montana has made a very significant crypto move with his decision to make a Bitcoin Inscription out of the Easter egg song of his new album. French Montana and the Bitcoin Inscription Record Markedly, Montana has engraved ‘Bag Curious’ on the Bitcoin network.  According to data from GeniiData Ordinals, the Bitcoin Inscription […]

The Hong Kong Securities and Futures Commission (SFC) has issued a warning against the virtual asset trading platform Bybit. The alert pertains to multiple crypto-related products provided by Bybit that are suspected of being unlicensed and risky to investors located in Hong Kong. The SFC’s announcement aims to clarify the regulatory stance on virtual asset […]