Bitcoin miner Core Scientific has completed its reorganization and is coming out of Chapter 11 with an improved financial position. In the latest statement, the company said it anticipates initiating the listing of its common stock, tranche 1 warrants, and tranche 2 warrants on the Nasdaq Global Select Market under the symbols CORZ, CORZW, and...Read More
Crypto investment platform Abra settled in principle with Texas securities regulators, part of which requires the company to allow its customers to withdraw their assets. Abra was previously accused of deceiving customers and violating securities laws through the offering of its interest-bearing products. Abra to Return Crypto Assets to Investors The Texas State Securities Board...Read More
During the pandemic, a new mandate requiring Canadian truckers that carried out trips across the border into the United States to receive the COVID-19 vaccine was wildly unpopular, resulting in what was known as the “Freedom Convoy” protest. Following a decision to protest the measure, truckers blocked the streets of Ottawa with their trucks and...Read More
In the wake of Bitcoin’s impressive rally toward the $40,000 mark, there’s a notable uptick in the meme coin sector, particularly seen in the increased buying interest for leading meme coins like Dogecoin and Shiba Inu. These meme coins have bounced back from their previous lows and are now targeting higher resistance levels. Additionally, the...Read More
Hester Pierce, popularly known as “Crypto Mom,” who serves as a commissioner with the United States Securities and Exchange Commission (SEC), believes the agency would not need a lawsuit or a court ruling to approve pending spot Ethereum exchange-traded funds (ETFs) application. During an interview with community-owned crypto media outlet Coinage, Commissioner Pierce insisted the...Read More
The beginning of this week saw a decline in the overall market capitalization of cryptocurrencies, dropping from $1.6 trillion to $1.5 trillion, indicating a day-on-day decrease of over 5%. This market downturn did not spare the native token of the Ethereum-based layer-2 Optimistic Rollup network, OP. Due to the broader market decline, OP incurred weekly...Read More
Cryptocurrency lending platform Nexo is seeking damages worth $3 billion from the Bulgarian government after the latter dropped its criminal investigations against the company. According to Nexo, the investigations allegedly cost the company a major soccer sponsorship deal and a stock market listing in the United States. Nexo Sues Bulgaria for $3 Billion Nexo and...Read More
ALTUSDT, our second listing featuring ALT – the native token of AltLayer, a Binance Launchpool project, will be available to trade on BitMEX, with up to 10x leverage tomorrow. You can already trade ALTUSDTF24 – our AltLayer pre-IEO futures contract margined in Tether here. For a deeper look at our new AltLayer listing, read on.If...Read More
[PRESS RELEASE – Toronto, Canada, January 24th, 2024] Oversubscribed Round With Top Blockchain VCs Included Robot Ventures, Big Brain Capital & Veris Ventures Synonym Finance, a cross-chain lending platform, today announced its oversubscribed seed round funding round totalling $1.5 million. The raise was led by Borderless Capital, a leading Web3-native investment manager with focus on...Read More
[PRESS RELEASE – Luxemburg, Luxemburg, January 24th, 2024] Asset marketplace and trading platform, Blocktrade, has announced a major release that brings crypto payment to the shops easier than ever. With the new feature, any retailer can now accept payments in multiple cryptocurrencies, and receive euros that are deposited into their accounts instantly. With the collaboration...Read More
A legal fund supporting the defense of Tornado Cash developers Roman Storm and Alexey Pertsev has amassed over $350,000 in contributions and gained public backing from Edward Snowden, the former NSA whistleblower. Tornado Cash has been linked to North Korean hackers and the $600 million Ronin Network attack money laundering. Tornado Cash Legal Defense DAO...Read More
The crypto industry advances each day with new inventions and projects aimed at solving the pressing problems of blockchain. One such project is Pushd. It has attracted the attention of several investors as its ongoing presale surges with massive influx, surpassing dwindling Polkadot (DOT) and Chiliz (CHZ). Why is Pushd soaring while market giants like...Read More
Offered to our top traders, we’re excited to introduce Margin+, a collateral support programme designed to let you trade more, without needing to fund your accounts with your own capital. It’s a move we’re making so that you can take your PnL gains to the next level – by allowing you to take more/larger positions...Read More
Bitwise’s Chief Investment Officer, Matt Hougan, has pointed to excessive expectations surrounding the approval of Exchange-Traded Funds (ETFs) as the primary cause of the recent price falls in cryptocurrencies. Contrary to popular belief, Hougan argued that the sell-off was not directly tied to ETFs but rather to the market’s anticipation of their approval and subsequent...Read More
Last year, the value of Coinbase Global Inc. shares experienced a significant increase, partly fueled by optimism surrounding the imminent launch of spot bitcoin ETFs. However, JPMorgan analyst Kenneth Worthington is expressing concerns that this positive sentiment may now flip to bearish. In fact, the potential for significant profits in the crypto industry resulting from...Read More
The emergence of Bitcoin-based stablecoins could make 2024 a pivotal year for the leading digital network, according to analysts at European alternative asset management firm CoinShares. In its Outlook 2024 report, the firm explained that the effects of a stablecoin settlement on Bitcoin would be numerous, including the enhancement of BTC’s monetary properties and the...Read More
Once a viral sensation, the meme coin Dogecoin (DOGE) is losing its sheen among crypto investors. A mass exodus is underway as users shift to Pandoshi (PAMBO), a trailblazing new ecosystem. Pandoshi represents a decentralized network focused on community governance, financial privacy, and security. Its backbone is a sustainable Layer-2 network harnessing Proof of Stake...Read More
