In a court filing submitted on January 30, 2024, Chris Amani, the new CEO of Terraform Labs, claimed that the firm is not built to generate profits; instead, any profits earned are reinvested to expand the business. This latest...
Blockchain technology is not just a tool for financial services, according to Chris Dixon, a partner at Andreessen Horowitz. He believes it is here to stay. In a recent interview on CNBC, Dixon described blockchain as an expansive technology...
Binance appears to be yielding to the pressure from its users who desire to store their assets with independent custodians. According to a Financial Times report on Tuesday, January 30, 2024, the crypto exchange will soon start allowing its...
The U.S. Securities and Exchange Commission (SEC) charged popular crypto influencers Brenda Chunga and Xue Lee for their alleged involvement in a digital asset fraud. According to a release published on its official website on Monday, January 29, 2024,...
Jupiter, a newly launched Solana-based trading aggregator, settled more than $500 million worth of transactions in the last 24 hours. This surge in transaction volume has been linked to users swapping stablecoins and the WEN ($WEN) memecoin for Solana-based...
Hong Kong's Securities and Futures Commission (SFC) reportedly received its first spot Bitcoin ETF application on January 26, 2024, marking a significant development in the region's financial landscape. The application, submitted by prominent asset manager Harvest Fund, aims for...
A crypto community stakeholder, Steven Lukba, has said the US government's planned sale of almost $130 million worth of Bitcoin is nothing compared to the outflows from Grayscale Bitcoin Trust Shares ($GBTC) ETF. A forfeiture notice, issued on January...
The newly launched SatoshiVM (SAVM) token has experienced a significant decline amid an ongoing controversy between an acclaimed SAVM advisor and Ape Terminal, the DEX platform used to conduct SAVM's Initial DEX Offering (IDO). The token lost as much...
The United Kingdom has assured that the impending legislation for a digital pound will prioritize user privacy and the control of their funds, according to a new report by the country's Ministry of Finance and the Bank of England...
Electric vehicle (EV) manufacturing company Tesla didn't sell or buy any of its Bitcoin holdings during the last quarter of 2023, according to its latest financial reports released on January 24, 2023. Currently, Tesla is the third-largest public holder...
