The Ethereum (ETH) price took a beating on Tuesday, dropping 8% on the day to below $3,400 as risk appetite took a broad beating following strong US economic data that triggered fears of a US inflation rebound that could result…
Twenty-seven current and former employees of the blockchain arm of the gaming titan WeMade have launched a legal case against the firm over “unpaid” altcoin bonuses. Per Hyundae Kyungjae Shinmun, the group says the company promised to pay them crypto…
Sol Strategies, a Canadian holding company investing in the Solana blockchain, accessed $4 million from an amended CAD $25 million credit facility agreement to fund its strategic Solana investments. Sol Strategies Expands Solana Investments with CAD $4 Million Drawdown According…
Hyperliquid highlighted key milestones in 2024, including reaching $15 billion in daily trading volume and expanding its user base ninefold to 300,000 users. According to a post by Hyper Foundation, the decentralized exchange attributed its rapid growth and ecosystem expansion…
Oversea-Chinese Banking Corporation (OCBC) has launched tokenized bonds for corporate accredited investors, becoming the first bank in Singapore to introduce this service. A press release from OCBC stated that these bonds, issued in S$1,000 (730 USD) denominations through the bank’s…
A crypto trader reportedly lost $60,000 in just two hours on Tuesday, after succumbing to FOMO (Fear of Missing Out) while trading a newly launched AI token, Miniperplx AI (MPLX). Details of the $60K Loss in the AI Token MPLX…
Aleš Michl, Governor of the Czech National Bank (CNB), discussed on Monday the possibility of including Bitcoin in the country’s foreign exchange reserves to diversify its asset holdings. His remarks reflect a growing government interest in cryptocurrency as a potential…
An exclusive report by the Financial Times on January 7 revealed that US Bitcoin miners, including Mara Holdings, Riot Platforms, and CleanSpark, have raised over $3.7 billion through zero or near-zero coupon convertible notes. The funds intend to bolster their…
The XRP price has fallen back to $2.33 as crypto’s risk-off period of consolidation is extended by renewed doubts over the speed and extent of future Fed interest rate reductions. Nevertheless, XRP is set to be one of the main…
Rostin Behnam, the chair of the U.S. Commodity Futures Trading Commission (CFTC), has revealed that he will step down on January 20, referencing incomplete regulatory frameworks for cryptocurrencies in the United States and warning that large segments of the market…