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Court Filing Shows Genesis Settled With NYAG, Aims to End Crypto Lending Platform Dispute
10.2.2024
After settling with the U.S. Securities and Exchange Commission (SEC), Genesis Global has reportedly reached an agreement to settle with the Office of the New York Attorney General. The official had accused the company, along with its parent company Digital Currency Group and Gemini, regarding...
NFT Sales Surge 16.8% This Week, Ethereum Dominates With Top Volumes
10.2.2024
This week, sales of non-fungible tokens (NFTs) surged by 16.8% over last week, as per the most recent statistics on digital collectibles. The Ethereum blockchain led the charge among 21 blockchains, capturing the top spot with sales totaling $148.49 million, marking a substantial increase...
US Senators Slam SEC for Operating in ‘Unethical and Unprofessional Manner’ in Debt Box Case
10.2.2024
Five U.S. senators have expressed their concerns to the chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, regarding the agency’s enforcement action against crypto firm Debt Box. The court found that the SEC made “materially false and misleading...
2024 Turning Out To Be The Year of Online Casinos As Scorpion Casino Mania Takes Over Crypto World
10.2.2024
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content. As we step into 2024, the online gambling industry is set to experience significant growth, and one of the exciting platforms leading the way is Scorpion Casino. Utilizing the $SCORP token, Scorpion...
JPMorgan: 78% of Institutional Traders Surveyed Have No Plans to Trade Crypto
10.2.2024
Global investment bank JPMorgan conducted a survey of over 4,000 institutional traders and found that 78% of them have no plans to trade crypto or digital coins, while 12% do. In addition, 61% of traders “predict artificial intelligence/machine learning as the most influential in shaping...
Ethereum to Launch Dencun Upgrade March 13, Introducing ‘Blobs’ for Layer Two Scaling
10.2.2024
The Ethereum network is set to roll out the Dencun upgrade, aiming to significantly enhance data storage and transaction efficiency through the implementation of EIP-4844, known as “Proto-Danksharding.” Ethereum Set to Undergo Major Upgrade With Dencun Rollout on March 13 The Ethereum mainnet...
Crypto’s #1 Mascot For 2024 is Here – Scotty The AI (SCOTTY), An AI-Powered Crypto Guardian
10.2.2024
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content. The integration of AI into the blockchain and crypto space has been a longstanding consideration, albeit with few genuinely “exciting” projects, until 2024 witnessed a notable shift with...
3 Reasons Mollars (MOLLARS) Is Better Than Bitcoin (BTC) for Crypto
10.2.2024
  The Mollars (MOLLARS) initial coin offering has just reached an impressive milestone, surpassing 1.3-Million tokens sold. Cryptocurrency investors are excited about the new store-of-value token’s potential for up to +4,400% ROI yields. However, even those gains are only a pence of...
Coinbase: California Voters Favor Pro-Crypto Candidates in 2024 Elections
10.2.2024
California voters who own cryptocurrencies are expected to have a significant impact on the 2024 elections. Citing data from Morning Consult, a business intelligence firm, Coinbase revealed that approximately 27% of Californians, equivalent to around 8.2 million individuals, own digital assets....
Okx Announces Expansion in Argentina
10.2.2024
Okx, one of the largest cryptocurrency exchanges, has announced the launch of its operations in Argentina. The exchange announced that it is launching its trading platform and peer-to-peer (P2P) markets in the country, offering native language technical support and a localized experience for local...
Citrea Proposes First ZK Rollup to Make Bitcoin the All-Chain
10.2.2024
Citrea, a project that aims to scale Bitcoin through ZK rollups, came out of stealth on Tuesday. The project aims to become a pathway for several initiatives to take advantage of the decentralization and security of Bitcoin while at the same time contributing to scaling and giving developers...
Coinbase States Americans Could Have Saved at Least $74 Billion Using Crypto
10.2.2024
Coinbase, a leading U.S. cryptocurrency exchange, claims that Americans could have saved at least $74 million in 2022 by leveraging crypto tech instead of using credit cards as payment options. In its latest State of Crypto report, Coinbase reveals how traditional finance system institutions keep...
Starkware to Launch ‘Cairo Verifier’ for Improved Layer 3 Scalability
10.2.2024
Starkware, in a collaboration with Herodotus Dev, is poised to launch the ‘Cairo Verifier,’ a system designed to verify cryptographic proofs on Starknet’s Layer two. This innovation aims to circumvent the Ethereum mainnet, offering a solution to the comparatively costly and slow...
Polygon Unveils ‘Type-1’ Prover Upgrade, Promising to Transform EVM Chains With Zero-Knowledge Proofs
10.2.2024
Polygon Labs has rolled out its latest innovation, the “Type-1 prover.” This upgrade could introduce a new era for Ethereum Virtual Machine compatible chains, enabling the generation of zero-knowledge proofs while ensuring transaction costs plummet. Polygon Unveils ‘Type-1’...
The Key to Making More Money During a Crypto ICO? Look Trustworthy, New Study Says
9.2.2024
A February 8 study from the Hanken School of Economics in Helsinki, Finland, has unveiled that a trustworthy appearance could boost investor funding in crypto initial coin offerings (ICOs) by an impressive 95%. For context, ICOs typically refer to the raising of capital required to launch a...
Hodlonaut Photo Incident Sparks Judge’s Livestream Warning in Wright-COPA Case
9.2.2024
On February 9, during a tense moment in the trial between Craig Wright, who claims to be the inventor of Bitcoin, and the Crypto Open Patent Alliance (COPA), presiding Judge Mellor issued a warning. The cause: a courtroom photo of Bitcoin influencer Hodlonaut was uploaded without authorization...
Former SEC Official Lambasts Voyager and Dallas Mavericks Partnership, Suggests NBA Ban on Crypto Sponsorships
9.2.2024
Yesterday, a former SEC official targeted the NBA’s decision to greenlight a partnership between the cryptocurrency exchange Voyager Digital and the Dallas Mavericks. The former internet enforcement chief for the Securities and Exchange Commission John Reed Stark said that the NBA should...
As Cardano Price Rises, Spotlight Turns to an Emerging Green Crypto Project
9.2.2024
As the Cardano price rises towards $0.55 and threatens a break back to last December’s highs in the $0.68 area, the spotlight is turning to an emerging green crypto project called eTukTuk. The Cardano price rose through a downtrend that had been in play since December on Thursday. It was last...
Ethereum’s Growth Could Spike With Increased Institutional Investments In First Half of 2024: Coinbase
9.2.2024
With a fresh analysis released on February 8, Coinbase’s research division shed light on the anticipated growth in Ethereum’s trading dynamics during the initial six months of 2024. Coinbase analysts highlighted growth points after the approval of spot Bitcoin (BTC) ETFs...
Arthur Hayes Argues for ‘Points’ System Instead of ICOs for Crypto Fundraising
9.2.2024
Due to growing regulatory challenges and concerns surrounding ICOs (Initial Coin Offerings) in the crypto industry, BitMEX CEO Arthur Hayes proposed a crypto ‘points’ system as an alternative on February 9. Hayes shared his latest idea in a blog post called ‘Points Guard,’ emphasizing...