Tether asserts almost 75% dominance in stablecoin market
Quick Take According to Glassnode data, the stablecoin market continues to grow, with the combined market capitalization of the top...
Month: May 2024
SEC commissioner Hester Peirce proposes shared US-UK digital securities sandbox
SEC commissioner Hester Peirce proposed a shared digital securities sandbox between the US and the UK on May 29. The...
Musk denies reports claiming he has been counseling Trump on crypto
Elon Musk denied reports that he had been advising former President Donald Trump on crypto-related matters but reaffirmed his support...
Matter Labs faces backlash over ‘zero-knowledge’ trademark attempt
Several Ethereum-related projects — including StarkWare, Polyhedra, and Polygon — condemned Matter Labs’ efforts to trademark “zero-knowledge” as its intellectual...
Terraform Labs, Do Kwon reach tentative settlement with SEC to end civil lawsuit
Singapore-based Terraform Labs and its founder, Do Kwon, have reached a settlement agreement with the SEC to end the civil...
Babylon secures $70 million to turn Bitcoin into PoS security backbone
Babylon, the Bitcoin staking protocol, has successfully closed a $70 million funding round led by Paradigm, with significant contributions from...
JPMorgan’s JPM Coin Sees Transactions ‘Explode’ With Programmability Features
Global investment bank JPMorgan’s JPM Coin has seen a significant surge in transactions, according to Umar Farooq, head of Onyx...
Elon Musk Says Crypto Can Shift Power From Government to the People, but Denies Discussing Crypto With Trump
Tesla and Spacex CEO Elon Musk has debunked reports claiming that he advised former U.S. President Donald Trump on cryptocurrency....
$2.18 Billion Digital Assets in Kind Returned to Earn Users, Gemini Says
Cryptocurrency exchange Gemini announced on Wednesday that Earn users have received $2.18 billion of their digital assets in kind, representing...
UXLINK’s Profit Rises Sharply in Web3 Social Infrastructure
PRESS RELEASE. UXLINK, a leading Web3 social platform and infrastructure provider, has reported a significant increase in profits, driven by...
Bitcoin’s Scaling Dilemma: Binance Report Sheds Light on BTC’s Enhancement Hurdles
Amidst the backdrop of this year’s skyrocketing BTC transaction fees and a congested network, the latest Binance Research report, “The...
Shibarium’s New Checkpoint Mechanism Cuts Ethereum Bridging Time
The Shiba Inu (SHIB) network development team has dramatically improved the Shibarium network, according to a post from the Shibarium...
Blackrock’s IBIT and Fidelity’s FBTC Drive $28M Inflows for US Bitcoin ETFs
On Wednesday, U.S. spot bitcoin exchange-traded funds (ETFs) continued their streak of positive gains, collecting $28.3 million in inflows. This...
Former banker sentenced to 41 months for crypto fraud
Rashawn Russell, a former Deutsche Bank executive, also intended to commit fraud with stolen bank cards.
Hackers Recover $3,000,000 in Lost Bitcoin From 11-Year Old Wallet After Owner Lost Password: Report
Two hackers reportedly cracked the forgotten password of a digital wallet containing a treasure trove of Bitcoin (BTC). Wired reports...