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Legal fees skyrocket in high-profile crypto bankruptcies
31.5.2024
High-profile bankruptcy cases have become a lucrative goldmine for two major law firms involved in the legal proceedings: Sullivan and Cromwell and Kirkland and Ellis
Setback for Matter Labs over ‘zero-knowledge’ trademark aim
31.5.2024
Alex Gluchowski, the chief executive officer of Matter Labs, is totally against the basic idea of intellectual property. Notable Ethereum-related projects like StarkWare, Polygon, and Polyhedra came out openly against the initiatives of Matter Labs to stamp ‘zero knowledge’ as...
Bitcoin price monthly close above $69K would be 'epic' — New analysis
31.5.2024
BTC price needs to work to flip its old 2021 all-time high to support as the Bitcoin monthly close approaches
Ripple Report: Crypto and CBDCs Transforming Global Payments
31.5.2024
Ripple’s recently published 2023 Trends in Regional Payments ebook highlights the transformative role of cryptocurrencies and Central Bank Digital Currencies (CBDCs) in the global payments landscape. Latin America is witnessing a digital transformation with a shift towards crypto-powered...
Hong Kong officially kicks out all unlicensed crypto exchanges
31.5.2024
This regulatory crackdown underscores the SFC's commitment to fostering a secure and transparent environment for virtual asset trading
Robinhood Introduces Crypto Trading API
31.5.2024
Robinhood, the popular investment and trading platform, has announced a significant upgrade for its crypto customers in the United States. Users can now leverage Robinhood’s newly introduced Crypto Trading API to view real-time crypto market data, manage their portfolios and account information...
Open sourcing lets developers explore beyond initial ideas: Trust Wallet
31.5.2024
Trust Wallet’s head of engineering, Luis Ocegueda, discusses Barz, an open-source smart wallet solution compatible with ERC-4337
Bitcoin whale accumulation echos 2020: CryptoQuant CEO
31.5.2024
CryptoQuant CEO Ki Young Ju highlights similarities between Bitcoin whale accumulation in 2024 and mid-2020, suggesting potential bullish trends as high on-chain activity continues despite low price volatility
Solana Memecoin MEW Partners With LOCUS Animation Studio to Create New 3D Animated Series
31.5.2024
PRESS RELEASE. MEW, a cat-themed token on the Solana blockchain, partners with animation studio LOCUS to create a new 3D animated series. MEW is the first worldwide entertainment brand and retail product line started by a memecoin community. LOCUS produces 3D animations and TV series primarily...
As Random Celebs Like Caitlyn Jenner Embrace Solana Meme Coins, Early Hoarders Fare Best
31.5.2024
A recent slew of tokens issued on Pump Fun by fairly well-known and local celebrities has gotten the crypto community divided on their purpose
Navigating the waters of stablecoins: The Lummis-Gillibrand Payment Stablecoin Act
31.5.2024
In a move poised to bring significant changes to the digital currency landscape, United States Senators Kirsten Gillibrand & Cynthia Lummis have introduced a new bill aimed at regulating payment stablecoins. Known as the Lummis-Gillibrand Payment Stablecoin Act, this legislation sets...
PEPE trading volumes surge 3X from start of May just days after ATH
31.5.2024
Pepe’s price has slid 12% since reaching all-time highs, but trading volume has surged by 216%, indicating heightened interest from traders
McHenry urges Senate to pass FIT21 crypto bill before election
31.5.2024
The United States House’s widely positive vote on the crypto-regulating FIT21 bill should be “a wake-up call” to the Senate to quickly pass it, says Rep. Patrick McHenry
Circle Officially Launches in Brazil, Partners With Latam Giants BTG Pactual and Nubank
31.5.2024
Circle, the company behind USDC, the second-largest stablecoin in the cryptocurrency market, has announced its official launch in Brazil. The company inked an alliance with BTG Pactual, the largest investment bank in Latam, to provide onboarding and distribution services for Brazilian companies....
Bitcoin firm, Texas university partner for $5M endowment fund
31.5.2024
Bitcoin financial services firm and UATX plan to raise $5 million to invest in BTC for the next five years
Lawyer Pleads Guilty in $9.5M Crypto Ponzi Scheme — Faces 5 Years in Prison
31.5.2024
David Kagel, a disbarred California attorney, pleaded guilty to orchestrating a cryptocurrency Ponzi scheme that defrauded victims of over $9.5 million. Kagel, 85, promised high returns through artificial intelligence trading bots and falsely claimed to hold $11 million in bitcoin to secure...
OpenAI stopped 5 campaigns that used its tech for ‘deceptive influence’
31.5.2024
The AI firm has terminated accounts linked to several alleged foreign covert influence operations
Companies in Two Capital Markets Reportedly in Negotiations to Implement Microstrategy’s Bitcoin Business Model
31.5.2024
Companies in two capital markets are looking to implement the business model that Microstrategy, led by entrepreneur Michael Saylor, pioneered in the U.S. According to David Bailey, CEO of Bitcoin Magazine, who denied one of these markets to be Korea, these operations are currently in...
Warren prods drug agencies about crypto links to fentanyl trade
31.5.2024
Senators Elizabeth Warren and William Cassidy say crypto has played an “increasingly prominent role” in the fentanyl industry
Dogwifhat 10% drop could be ‘catastrophic,' but traders bet on bounce
31.5.2024
The WIF meme coin is trading below what some believe is a concerning price level, but many traders are seemingly “betting on a WIF bounce.”