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Gala MUSIC Launches on LBank Exchange: A New Era in Music Streaming and Blockchain Technology
27.1.2024
PRESS RELEASE. In an exciting development for music enthusiasts and blockchain aficionados alike, Gala MUSIC, a trailblazing decentralized music platform, has officially launched on LBank Exchange. This launch marks a significant milestone in the evolution of the music industry, intertwining...
New Solana Meme Coin ‘WEN’ Airdropped to 1 Million Wallets – Here’s How to Check Eligibility
27.1.2024
WEN, a new Solana meme coin, has gained significant traction after being airdropped to over a million wallets. The airdrop, which took place on Friday morning, was facilitated through the decentralized exchange (DEX) aggregator Jupiter, as part of a large-scale test of its new launchpad. Jupiter...
SEC Delays Spot Ethereum ETF Decisions
27.1.2024
The U.S. Securities and Exchange Commission (SEC) has delayed its decisions on spot ethereum exchange-traded funds (ETFs) proposed by Blackrock, the world’s largest asset manager, and Grayscale Investments. Grayscale is seeking to convert its existing Ethereum Trust into a spot ETF. Spot...
Binance and SEC Clash Over Evidence Production and Witness Depositions in Ongoing Legal Battle
27.1.2024
The legal battle between Binance and the United States Securities and Exchange Commission (SEC) continues to intensify as court documents shed light on the clash over evidence production and witness depositions in the SEC’s case against the leading cryptocurrency exchange. According to...
Pandoshi (PAMBO) Presale Phase 4 Is Rapidly Selling Out, Surpassing $2M
27.1.2024
  PAMBO, the native cryptocurrency of trailblazing blockchain project Pandoshi, is currently in its initial presale period. It’s being offered at discounted rates before eventual public exchange listings. Just weeks into its presale, Pandoshi has already raised over $2 million from high...
Kraken Taps Former N26 and Coinbase Execs for Key Positions
26.1.2024
Crypto exchange Kraken has announced the hiring of a former N26 Chief Product Officer and a former Coinbase Managing Director. In an statement published on January 25th, Kraken announced it had hired Gilles BianRosa and Marcus Hughes to strengthen its leadership team. The company said the hires...
Binance.US Restricted in Florida and Alaska After Former CEO’s Guilty Plea
26.1.2024
Troubled cryptocurrency exchange Binance.US continues to face pressure from regulators in the United States after regulators in Florida and Alaska told the crypto exchange that it can no longer serve its residents. Florida and Alaska regulators have informed Binance.US that the cryptocurrency...
Bitcoin Mining Rig Maker Canaan Secures $50 Million In Preferred Shares Sale
26.1.2024
Bitcoin (BTC) mining rig manufacturer, Canaan Inc has raised $50 million in a new funding round by selling preferred shares. The company disclosed the development in a recent filing at the Securities and Exchange Commission (SEC) stating that funds raised will be deployed to expand research...
Coinbase Upgraded by Oppenheimer as Crypto Exchange Is 'Stronger Than Many People Realize'
26.1.2024
Analyst Own Lau noted higher trading volume, the recent approval of the spot bitcoin ETFs, and a potential win in the company’s lawsuit against the SEC as the main drivers for the upgrade
OKX to End Crypto Mining Pool-Related Services Over Realignment
26.1.2024
Centralized crypto exchange OKX said on Friday that it will soon shut down its Mining Pool and related services due to business adjustments. New user registrations for the Mining Pool will no longer be accepted starting Jan. 26. Meanwhile, existing users can continue to use the service until Feb....
Ethereum Leads Weekly Altcoin Losses as Wider Market Sell-Off Continues
26.1.2024
The crypto market remains in the red zone with altcoins and pack leader Ethereum (ETH) posting losses two weeks after the approval of spot Bitcoin (BTC) ETF by the United States Securities and Exchange Commission (SEC). On-chain data shows the price of several crypto assets trading at monthly lows....
US SEC Delays Decision on Grayscale’s Spot ETH ETF Application
26.1.2024
The U.S. Securities and Exchange Commission (SEC) delayed its decision on an application by crypto asset manager Grayscale Investments to convert its Ethereum trust product into a spot exchange-traded fund (ETF) on Thursday, as per a Reuters reported. A day before the US regulator had delayed...
SEC Chair Gensler Tempers Enthusiasm Over Ethereum ETF Applications
25.1.2024
Securities and Exchange Commission Chair Gary Gensler has downplayed the possibility of Ethereum ETF applications being approved in the near future. In a media briefing on January 24th, Gensler clarified that the recent approval Bitcoin ETFs by the agency was exclusive to Bitcoin. This...
Bitcoin Mining Rig Manufacturer Canaan Raises $50 Million Through Preferred Shares Sale
25.1.2024
In a recent disclosure to the U.S. Securities and Exchange Commission (SEC), Canaan, a publicly traded manufacturer of bitcoin mining rigs, announced it has secured $50 million through the sale of preferred shares. This follows a successful acquisition of $25 million in a similar preferred share...
Grayscale’s GBTC Offloads $527M in Bitcoin as Spot ETFs Record Lower Trading Volumes; Other Funds Continue BTC Accumulation
25.1.2024
Based on the latest data, the recently introduced spot bitcoin exchange-traded funds (ETFs) experienced their lowest trading volume day since Jan. 11, 2024, recording roughly $1.28 billion in volume on Wednesday. Additionally, figures indicate that Grayscale’s Bitcoin Trust GBTC...
Crypto.com’s Spot Trading Volume Soars, Surpassing Kraken and KuCoin – Can it Overtake Binance Next?
25.1.2024
Crypto.com has experienced a surge in its spot trading volume, surpassing major competitors Kraken and KuCoin. The platform’s impressive performance has positioned it as the 9th largest cryptocurrency exchange globally, with its spot volume accounting for over 3 percent of the global market....
33% of Crypto Job Applicants Come From Banking: Bitget Report
25.1.2024
One-third of job applicants in the crypto industry previously worked in the banking and financial sectors. In a new report, crypto exchange Bitget analyzed recruitment trends in the blockchain industry, highlighting the migration of talent from the financial sector to the world of cryptocurrencies....
Bixin Applies for Crypto Exchange License With Hong Kong SFC
25.1.2024
Virtual asset trading platform Bixin has applied for a virtual asset trading platform license with Hong Kong Securities Futures Commission. So far, 13 crypto firms have applied for the similar license with the Hong Kong regulator. As per the official SFC website, virtual asset trading platform...
SEC Postpones Decision on BlackRock’s Spot Ethereum ETF to March
25.1.2024
The U.S. Securities and Exchange Commission has delayed its decision on BlackRock’s spot Ethereum exchange-traded fund (ETF) application to March. According to the SEC’s latest filing, the new decision deadline for BlackRock’s spot Ethereum ETF is set to be March 10, 2024. The Commission will then...
Bitwise Leads the Way as First US Bitcoin ETF to Publicly Disclose Wallet Address
25.1.2024
On Wednesday, Jan. 24, 2024, Bitwise, a leading digital asset manager, made a groundbreaking announcement as the first U.S. spot bitcoin exchange-traded fund (ETF) to reveal its bitcoin wallet address. Emphasizing its commitment to transparency, Bitwise stated, “proud to walk the walk with...