America’s biggest financial institutions are collaborating on a new initiative to explore an on-chain settlement system for tokenized cash and assets. According to an announcement from the Securities Industry and Financial Markets Association (SIFMA), members of the “regulated U.S. financial sector” have launched a Regulated Settlement Network (RSN) proof-of-concept (PoC) that aims to explore the […]

Robinhood Markets (HOOD) crushed earnings estimates for a first quarter that saw a surge in retail cryptocurrency trading. Robinhood stock jumped …

One unlucky BAYC holder just lost $167K in Bored Ape NFTs, Ronaldo’s still on the hook for Binance NFTs, and a fantasy influencer NFT game has topped Tron in fees.

Binance CEO Richard Teng has advocated for the release of Tigran Gambaryan, head of the crypto exchange’s Financial Crime Compliance team, who has been detained by the Nigerian government for over 70 days. Gambaryan reportedly flew to the country in February for talks on collaborative policy meetings, only to be detained later. This move by […]

Regulatory change in the crypto realm has been a subject of heated debate for many years. The general ethos of cryptocurrency is one of anarchism or anarcho-capitalism. Proponents of the tech tend to be adamantly against any type of governmental intervention into markets or technology. However, as digital assets and blockchain technology find themselves thrust […]

Founder: Evan Kaloudis Date Founded: 2019, block 563345; incorporated in 2023 Location of Headquarters: No HQ; fully remote Amount of Bitcoin Held in Treasury: Not disclosed Number of Employees: 2 Website: https://zeusln.com/  Public or Private? Private On April 26, 2024, Evan Kaloudis drew a line in the sand. In the wake of the news of the Samourai Wallet developers […]

Ethereum scaling solution provider Optimism announced plans to enhance blockchain throughput by integrating Layer three applications on top of its OP Stack, aiming to foster a Superchain network where Layer threes can build and share revenue with the Optimism Collective. The OP Stack, an open standard codebase, extends its utility beyond Layer two deployers to […]

Can traders expect bounce back of XRP by end of week?

TL;DR Mastercard and major US banks are collaborating on a trial of shared ledger technology to simplify the settlement of tokenized assets. The objective is to improve efficiency and security in dollar and asset transactions such as government and bank debt. Institutions such as Citigroup, JPMorgan Chase, US Bancorp, Wells Fargo, Visa, Swift, among others, […]

Crypto Influencer Oscar Declares BlockDAG as the ‘Most Promising ICO’ with a $23.9M Presale Dominating Over 5thScape & Healix Protocol 2024 promises to be exciting for cryptocurrency investors as new prospects appear. BlockDAG leads the top three ICO investments, delivering unmatched benefits and strategic alliances that have culminated in raising $23.9 million during its presale […]

Crypto analyst Crypto Dona has predicted a 350% price surge for Shiba Inu (SHIB). He suggested that the meme coin will unlikely go higher than that in this bull run.  Shiba Inu To Rise To $0.00011 Crypto Dona revealed in an X (formerly Twitter) post that his price target for Shiba Inu is $0.00011 and […]

Digital asset legal expert Jake Chervinsky thinks the U.S. Securities and Exchange Commission (SEC) is allocating a “grossly disproportionate” amount of resources toward regulating crypto. Chervinsky, the chief legal officer at the crypto fund Variant, blasted the SEC for recently sending out a Wells Notice to Robinhood’s crypto trading arm. A Wells Notice is a […]

The SEC has filed its final reply in the remediations stage of its case against Ripple, arguing the crypto firm should face permanent injunctions and fines of up to US$2 billion. The regulator also referred to Ripple’s planned stablecoin as an “unregistered crypto asset” implying it will be used to further flout SEC regulations. The […]

Build on Bitcoin (BOB) plans to port an Ethereum Virtual Machine to a Bitcoin L2, providing the network with smart contract capabilities while leveraging Bitcoin’s decentralisation and security. The L2 protocol has already raked in US$300M worth of on-chain value, with the ecosystem growing rapidly. The project’s Mainnet went live last week. Ethereum has been […]

The cryptocurrency vertical is undergoing a massive upheaval. Several crypto tokens are basking in the ongoing bullish momentum, while others are …

The 6,021 wstETH recently moved back equates to around two-thirds of the amount that went missing in the exit scam.

.A Republican-led effort to free American banks to provide crypto custody services has been shut down by the Democrat-led White House. On Wednesday, the House of Representatives discussed and prepared to vote on House Resolution 109 (H.J. Res. 109), which would strike down prior accounting guidance from regulators to banks planning to offer the service […]

In a legal blow to Cristiano Ronaldo, the famed Portuguese soccer star, the judge overseeing the $1 billion class action lawsuit against him has rejected his motion to dismiss the case. The lawsuit, filed in Florida, accuses Ronaldo of endorsing Binance, which allegedly led investors into making costly and risky investments. Ronaldo’s Motion Denied in […]

The Executive Office of US President Joe Biden has announced its stance on proposed legislation, H.J. Res. 109, that would allow highly regulated financial firms to act as custodians for Bitcoin and other cryptocurrencies.  JUST IN: 🇺🇸 US President Joe Biden Administration says Biden would veto legislation that would allow highly regulated financial firms to custody #Bitcoin […]

North American bitcoin miner, Hut 8, said it mined 148 bitcoins, or 36% coins less in April than it did in March. Hut 8 primarily attributes the decrease in the number of mined bitcoins to the relocation of its proprietary miners, which were previously hosted at the Kearney and Granbury sites. The Halving Effect Hut […]

Michael Saylor’s bullish tip amid Bitcoin’s price turbulence offers glimmer of hope to crypto investors

Journalist and host Laura Shin interviewed crypto traders Ansem and Kel, known on X as blkoiz06 and Kelxyz, for her Unchained Podcast.  They discussed why memecoins had become the most profitable crypto trade this cycle and what the future might hold for the sector. Is There Value In A Memecoin? To begin with, Shin asked […]

The founders of crypto analytics platform Glassnode say that Bitcoin (BTC) may reach $85,200 before summer if a technical setup plays out. In a new thread, the co-founders of Glassnode , who go by the handle Negentropic on the social media platform X, tell their 62,800 followers that the crypto king appears to be breaking […]

TL;DR Legal Battle Intensifies: The SEC’s lawsuit against Ripple Labs is in the remedies phase, with the SEC seeking sanctions to prevent future violations, while Ripple challenges the SEC’s interpretations and proposed operational changes. Ripple’s Response: Ripple’s General Counsel criticizes the SEC’s tactics and remains hopeful for a favorable lawsuit outcome, as Ripple continues to […]

The memecoin $PEPE has experienced a 4% decline today, dampening the bullish momentum it started the new trading week with. This downturn coincides with on-chain reports indicating outflows from some whales. Spotonchain data suggests that Whale 0x1a2 is preparing to deposit a substantial amount of $PEPE tokens, totaling 1.24 trillion ($10.55 million), to Binance in […]

This article examines the misuse of cryptocurrency within Zakat, particularly its implications for terror financing in Kerala, India. Crypto-Hawala in …

Despite the criticism, TradFi institutions still prefer using public blockchains for real-world asset tokenization.

The SEC delayed Invesco Galaxy’s Ethereum ETF decision again, setting a new deadline of July 5. In a statement the regulator says more time is needed for a thorough review. This pattern of delays affects multiple asset managers, hinting at extended uncertainty around Ethereum ETF approvals. The US Securities and Exchange Commission (SEC) has again […]

Hong Kong’s Bitcoin ETFs are doing relatively well, considering the massive difference in population. Rumours suggest that these ETFs might soon be accessible to mainland Chinese investors through Stock Connect. If access is granted, it could significantly attract mainland capital, boosting the ETFs’ performance. Hong Kong’s Spot Bitcoin ETFs have performed relatively well compared to […]

TL;DR An AI-related cryptocurrency has recently excelled in social volume dominance, outperforming its rivals, including the sector’s leader. Its value has surged by 435% in the past year, bolstered by major exchange support among other reasons. RNDR Tops the Ranking Artificial Intelligence (AI) and cryptocurrencies related to that evolving technology have been making great strides […]

In a rebuttal against accusations of bribery levelled by Binance Holdings Ltd, Nigeria has refuted claims made by the cryptocurrency firm, dismissing them as a diversionary tactic. The West African nation has been involved in a boisterous saga with Binance. Binance’s Allegations of Bribery in Nigeria The rift deepened following a blog post penned by […]

As of May 8, 2024, bitcoin’s price is coasting along at $62,378, experiencing a 24-hour intraday range from $62,096 to $64,413, with a trading volume of $17.91 billion and a market capitalization of $1.22 trillion. Despite a decline of 2.1% over the past 24 hours, bitcoin has gained 9.3% over the last seven days. Bitcoin […]