In a riveting turn of events witnessed within the cryptocurrency landscape, Shiba Inu, one of the most renowned meme coins, recently noted massive transfers of SHIB tokens by the community to a dead wallet, fueling optimism among crypto market enthusiasts globally. Insights unveiled by the tracker Shibburn spotlighted nearly 37 million tokens destroyed, stirring speculations […]
Bakkt Appoints Andy Main as CEO Amid NYSE Delisting Threat
Bakkt Holdings, Inc., has announced the appointment of Andy Main as its new President and Chief Executive Officer, effective March 26, 2024. This shift in leadership occurs at a crucial time for the organization as it stands at risk of being delisted from the New York Stock Exchange (NYSE) because of long-term trading of its […]
Court Sanctions SEC for Misconduct in Debt Box Case
A United States district court has issued sanctions against the Securities and Exchange Commission (SEC) for what has been described as a “gross abuse of power” in its legal actions against the cryptocurrency company Debt Box. This case has received a lot of notice because of allegations of bad faith on the part of the […]
OKX Phases Out USDT Trading in Europe Ahead of MiCA
OKX ranked as the fourth-largest crypto exchange globally, has announced the discontinuation of Tether (USDT) trading pairs. This ruling will impact users located in the European Economic Area (EEA). The event is prior to the implementation of the Markets in Crypto-Assets (MiCA) regulations. It highlights the rather aggressive stance that exchanges are taking in regard […]
CryptoQuant CEO Critiques Surge in Memecoin Presales on Solana
Ki Young Ju, the CEO of CryptoQuant, a cryptocurrency on-chain and market data platform, has raised concerns about the growing fashion of memecoin pre-sales, especially on the Solana blockchain. This criticism occurs in the wake of a marked increase in activity and attention on memecoins like “Slerf” and the presale of “areyoustupid.sol,” which have led […]
OKX CEO Clarifies Reasons For Boycotting Memecoin Mania
Star Xu, OKX CEO has explained the crypto exchange’s reason for refusing to list memecoins amidst the mania in the ecosystem at the moment. Capitalizing on the Solana Momentum In recent weeks, there has been massive excitement in the memecoin ecosystem with many of the crypto registering huge profits. With the majority of the latest […]
Spot Ethereum ETF: Fidelity Adds Staking In Latest Filing
The serial delay of the United States Securities and Exchange Commission (SEC) on spot Ethereum ETF has done little to deter Fidelity Investments as the firm just added the Staking option to its filing. Fidelity To Add Staking to Spot Ethereum ETF In November 2023, the American investment management firm applied to list its Ethereum spot […]
Grab Brings Crypto Payments To Asia’s SuperApp Scene
Grab, Asia’s premier super app, is embarking on a groundbreaking journey in the realm of digital finance through its latest partnership with Triple A, a leading crypto payments provider. This collaboration heralds a new era as Grab ventures into the world of cryptocurrency payments within its extensive ecosystem. The announcement comes with great anticipation as […]
CoinLedger and MetaMask Team Up for Easy Crypto Tax Reports
CoinLedger, a technology platform specializing in cryptocurrency tax reporting software, announced a partnership with MetaMask. MetaMask is a leading Web3 self-custody wallet provider. This collaboration, announced on March 18, aims to simplify the tax reporting process for cryptocurrency users. MetaMask users can now seamlessly integrate their transaction history into CoinLedger’s software with a single click. […]
Just In: Binance Founder ‘CZ’ Is Launching a New Project
Changpeng ‘CZ’ Zhao, the Founder and former CEO of Binance took to X to tease the coming of a new project and while he avoided sharing too many details about the product, he confirmed that it would be educational. Binance Founder’s New Project To Feature No Token For crypto community members who may be speculating […]