In a groundbreaking decision, the bankrupt crypto exchange FTX announced its intention to repay all creditors and customers with interest, as disclosed in its latest distribution plan. This unprecedented move garnered mixed reactions within the crypto community. While many lauded the initiative as a positive step towards rectifying the fallout from FTX’s collapse, creditors expressed […]

Coming as an effort to revolutionize crypto offerings for users, Binance, the world’s leading cryptocurrency exchange, has revealed its latest update surrounding the cessation of support of specific BTC and TUSD spot trading pairs. In an official statement released today, May 15, ‘to protect users and maintain a high-quality trading market,’ Binance is all set to delist […]

In a dramatic turn of events, a Dogecoin (DOGE) investor who held one of the largest DOGE wallets over the past decade missed out on a potential million-dollar gain by selling their tokens at an inopportune time. This wallet, which began accumulating DOGE in late 2013, finally sold its entire stash in late 2023. However, […]

The crypto community needed some excitement from ‘boredom’ as the crypto market struggles to recover from the recent frequent crashes, leading cryptocurrences- Bitcoin and Ethereum demonstrating slow price movements. GameStop (GME) has sparked meme coins revival with its recent performance, that saw it soar in value by over 1800%. As the Solana-based memecoin catches investor […]

Against the backdrop of Ethereum’s highly turbulent price action in recent days, a fresh wallet appears to have accumulated colossal amounts of ETH from Coinbase, causing a stir in the crypto community. Per insights offered by numerous on-chain trackers, it was pointed out that this fresh wallet accumulated nearly 29K ETH in the past 24 […]

Salim Ramji, a former executive at BlackRock, is set to become the new CEO of Vanguard, marking a significant departure from the company’s tradition of promoting internal talent to top positions. With a background in leading BlackRock’s global ETF business, Ramji’s appointment has raised eyebrows and sparked speculation within the industry. Traditionally, Vanguard has favored […]

In a notable development, Canadian banking giants have entered the U.S. Spot Bitcoin ETF arena with investment worth millions. Scotia Bank and Toronto Dominion Bank (TD Bank), two of Canada’s largest financial institutions, have revealed their exposure to Bitcoin ETFs through recent SEC filings. How Much Did These Canadian Banks Invest? Scotiabank has disclosed more […]

MicroStrategy, the world’s largest corporate holder of Bitcoin, is now making its way into the MSCI World Stock Index after its stupendous rally in 2023 and early 2024. The MicroStrategy (NASDAQ: MSTR) share price has outperformed Bitcoin throughout last year and in early 2024. On Tuesday, May 14, the MSTR stock price rallied by 4.15% […]

The U.S. Spot Bitcoin ETF segment has started the week on a positive note, while the momentum seems to be continuing. Notably, over the first two days of the week, the U.S. Spot Bitcoin ETF has noted an influx of nearly $170 million, after noting three days of outflux last week.  Meanwhile, the recent inflow data also reflects the growing confidence of […]

Ilya Sutskever, the chief scientist and co-founder at OpenAI, will be leaving the artificial intelligence after months of speculation about his future role in the company. Sutskever played a key role in the ouster of OpenAI chief Sam Altman last year in November 2022. This development comes just a day after OpenAI unveiled its GPT-4o […]