Mt. Gox has shaken the crypto world by making a staggering $7.3 billion transfer in Bitcoin to an unknown wallet. The move, which is the first in five years, has sparked renewed fears over how the exchange is...
Binance is facing allegations of selling Gopax user deposit claims in Genesis Global without creditor approval, as reported by South Korean news outlet Hankyung. Binance is now the largest shareholder of the South Korean exchange Gopax. Last year,...
Taiko, the new layer-2 scaling solution, has launched on the Ethereum mainnet today, May 27. And notably, Ethereum co-founder Vitalik Buterin proposed the first block. Taiko is the first ‘based rollup’ on Ethereum and has been in extensive...
Nomura Holdings, Inc. and GMO Internet Group, Inc. have announced their partnership to explore the issuance of stablecoins based on Japan's Yen and the U.S. Dollar. In a recent press release, the companies noted that the partnership will...
The Normie memecoin (NORMIE) has seen its value decline by over 99% after a massive exploit on its platform on May 26. Within hours of the hack, Normie’s market capitalization decreased from nearly $42 million to just $100,000....
The price of Friend. tech's token took a significant hit today, dropping over 29%, after the platform's co-founder, known pseudonymously as Racer, hinted at leaving the Ethereum Layer-2 network Base. This sudden decline follows Racer's social media posts,...
Former President and presumptive Republican presidential nominee Donald Trump has made it clear that, during his potential administration, the U.S. would be a global leader in the crypto space. At the 2024 Libertarian National Convention held at the...
According to local news outlet The Korea Times, South Korean financial regulators are under increasing pressure to approve exchange-traded funds (ETFs) for crypto assets following the U.S. Securities and Exchange Commission's (SEC) decision to approve Ethereum ETFs. The...
LBank Labs has announced its strategic investment in XION, an innovative blockchain platform. According to its press release, the investment aligns perfectly with its “goal of fostering blockchain technologies that have the potential to revolutionize the mainstream.” “We’re...
The U.S. Securities and Exchange Commission (SEC) has approved eight proposals for listing spot Ethereum exchange-traded funds (ETFs) for public trading in the United States. The SEC's notice of approval, which was published on May 23, 2024, came...
