Binance is rolling out a new platform that seeks to connect institutional investors with crypto investment fund managers. At launch, the new platform, dubbed ‘Capital Connect,’ will be available to Binance VIP-level users including asset and fund managers, brokers, hedge funds, family offices and high net-worth individuals, liquidity providers, and corporations. Binance’s Free Service for...Read More
Two committees in the US House of Representatives held the first-ever joint hearing related to crypto on Wednesday, seeking to carve a path forward to legislation on digital assets. The early stages of the hearing proved combative, with certain Democrats questioning whether crypto-specific legislation should be signed at all. A Focus On Making Law The...Read More
Su Zhu, the co-founder of the now-defunct cryptocurrency hedge fund Three Arrows Capital (3AC), has obtained a restraining order from a Singaporean court against Arthur Hayes, the co-founder and former CEO of crypto exchange BitMEX. According to a court document seen by CoinDesk, the restraining order prohibits Hayes from using any insulting or abusive communication...Read More
Joseph James O’Connor, a 23-year-old British citizen extradited from Spain to the United States on April 26, pleaded guilty to multiple charges, including hacking the social media platform Twitter in 2020. O’Connor, who also uses the online name PlugwalkJoe, has been charged with stealing cryptocurrencies worth $794,000 from a Manhattan-based company through a SIM Swap...Read More
The pandemic has left the US economy in a precarious state, but another crisis is looming that could push the country into an economic catastrophe: the debt ceiling. With the government set to run out of cash in early June, if Congress fails to raise it, U.S. Treasury Secretary Janet Yellen has issued a dire...Read More
In just a few hours, AiDOGE will arrive at BitMEX via two new listings – AIDOGEUSD and AIDOGEUSDT, with up to 50x leverage, making these perpetual swap contracts one of the highest max position sizes in the industry. ArbDoge is an AI-powered meme coin that describes itself as an ‘experiment’ in the Arbitrum ecosystem. The...Read More
For some, the Ordinals craze has wreaked havoc in the Bitcoin ecosystem. BTC’s price may have, so far, failed to capitalize on it, but that was not the case for the network miners. In fact, the development has been a blessing in disguise for them. Bitcoin Miner Revenue Shoots Up This month was marked by...Read More
Memecoins are hardwired into Internet culture, and crypto was not spared. From Dogecoin and Shiba Inu (SHIB) to the latest craze surrounding the popular PEPE coin, the industry has long been involved with them. Now, the PEPE coin mania is also spreading across other protocols, and Bitcoin seems to be well under the radar. But...Read More
[PRESS RELEASE – Abu Dhabi, UAE, May 10th, 2023] Venom Foundation has announced a strategic partnership with the Government of Kenya to establish a “blockchain hub” in Africa, focusing on the development of Web3 and blockchain technology applications. This collaboration aims to drive innovation in key sectors such as financial infrastructure, supply chain, agriculture, SMEs,...Read More
Ripple CEO Brad Garlinghouse revealed Monday that Ripple Labs will spend around $200 million on legal fees to fend off an aggressive SEC lawsuit. But one lawyer and crypto bull explains why the case doesn’t cut the mustard. John Deaton, the founder of Crypto Law and owner of the Deaton Law Firm, recently described the...Read More
When Bitcoin (BTC) hit $30k last week, many investors interpreted it as the beginning of a bullish trend and took the liberty to invest in altcoins with positive price predictions like Tron (TRX), Cardano (ADA), and Collateral Network (COLT). Does Tron coin have a future? Tron (TRX) is a blockchain platform that aims to decentralize...Read More
Jane Street Group and Jump Crypto are pulling back from their crypto trading ambitions as U.S. regulators up their efforts to quash the industry. Furthermore, global trading firm Jane Street is scaling back crypto plans globally due to regulatory uncertainty. The clouded regulatory waters have “made it difficult for the firm to operate the business...Read More
[PRESS RELEASE – New York, United States, May 10th, 2023] Yesports, the leading esports to web3 gaming platform, is thrilled to announce a special staking event for holders of the Pepe meme token. This 14-day extravaganza offers Pepe token holders the chance to stake and earn YESP rewards. Beginning 11th of May, Pepe holders can...Read More
Online payments giant PayPal held nearly $1 billion worth of cryptocurrency on its balance sheet by the end of Q1 2023, according to a 10-Q filing with the Securities and Exchange Commission (SEC). Customers Crypto in the Green The filing, dated for the quarterly period ending March 31 2023, showed that PayPal held $943 million...Read More
[PRESS RELEASE – Please Read Disclaimer] TiTi Protocol announced that it will launch the Ethereum mainnet in the next few weeks and plans to start IDO and 2nd round airdrops. TiTi Protocol plans to start IDO on May 10, and users can visit https://ido.titi.finance to participate in IDO. IDO participating users will receive exclusive NFT...Read More
After pleading guilty earlier this year, former Coinbase Product Manager Ishan Wahi has been sentenced to 2 years in prison in a landmark case for insider trading with cryptocurrencies. The sentence exceeds the 10-month prison sentence of Ishan’s brother – Nikhil Wahi – with whom he conspired for the crime. Two Years for Crypto Insider...Read More
