Bitcoin's price surged above $65,000 on May 6, hitting $63,712, with analysts suggesting that the post-halving "danger zone" might be behind us and more gains could be on the horizon. The "danger zone" refers to a three-week period after...
Robinhood’s stock plummeted about 2.5% during the pre-market trading on Monday, May 6, after it was revealed that it received a Wells Notice from the United States Securities and Exchange Commission (SEC) on Saturday, May 4. The Notice was...
Jack Dorsey has announced his departure from the board of Bluesky, the decentralised social media platform he helped create and fund since 2019 and during his tenure as Twitter's CEO. Bluesky officially confirmed Dorsey's exit in a statement on...
In a significant development in the ongoing investigation into the ZKasino scam, Dutch authorities have made a breakthrough by apprehending a suspect allegedly involved in the fraudulent activities surrounding the crypto project. The suspect, a 26-year-old individual, was arrested...
A new report from the UK Treasury has drawn attention to the increased risk of cryptocurrency transactions between 2022 and 2023 being money laundering activities. This comes as UK regulatory agencies ramp up efforts to tackle financial crimes in...
Former BitMEX CEO Arthur Hayes is optimistic about Bitcoin's future, suggesting it has reached a local bottom and will gradually rise over the next few months. In a blog post on May 3, Hayes commented on the recent market...
Wyoming Senator Cynthia Lummis has voiced concerns about the U.S. Department of Justice's recent actions targeting developers of self-custody cryptocurrency wallets. She expressed discomfort with what she sees as an overly aggressive approach that contradicts the U.S. Treasury guidelines...
In a bold move, Terraform Labs, the company behind the troubled TerraUSD stablecoin and LUNA, is gearing up to challenge the U.S. Securities and Exchange Commission (SEC) in court over the $5.3 billion fine. The company is pushing for...
After the unfortunate delay of its planned debut in Q4 2022, the anticipated user-friendly DEX, Infinex, will officially be launched to the public on May 13, 2024, Synthetix's founder, Kain Warwick, revealed recently. During his presentation at the ETH...
Hong Kong's newly launched spot Bitcoin exchange-traded funds (ETFs) are struggling to match the selling and buying pressure of their United States-based counterparts. The debut of the first batch of Hong Kong Bitcoin and Ether-based ETFs on April 30...
