Total Value Locked (TVL), one of the metrics used to know the robustness of a blockchain in the decentralized finance (DeFi) sector, has recently been put at the forefront to compare Coinbase’s newcomer second-layer blockchain Base, and Cardano, a veteran in the crypto scene. For perspective, Cardano has been part of the blockchain ecosystem since […]

The quest for crypto exchange-traded funds (ETFs) remains at the forefront of industry discussions as the cryptocurrency market continues to capture the attention of investors and institutions alike.  Several major players, including BlackRock and Fidelity, have eagerly awaited a ruling from the US Securities and Exchange Commission (SEC) regarding their proposed spot bitcoin funds.  However, […]

Per a document filed with the US Securities and Exchange Commission (SEC), hedge fund Ark Invest filed for the first Ethereum spot Exchange Traded Fund (ETF) in the US. This new filing has directly impacted the ETH price as the ETF narrative gains further influence in the crypto market. Related Reading: JP Morgan Predicts SEC […]

On Tuesday, the United States Department of Justice (DOJ) said that Sam Bankman-Fried (SBF), the embattled co-founder of the defunct FTX crypto exchange, has been given sufficient time and resources to review discovery materials for the case against him. Bankman-Fried is set to begin his trial in early October, where he faces seven counts of […]

On-chain data shows the large Shiba Inu holders have accumulated a combined $100 million in SHIB during the past week. Large Shiba Inu Investors Have Been Participating In Accumulation Recently According to data from the market intelligence platform IntoTheBlock, the large SHIB holders have gone on a buying spree the past week. The “large holders” […]

A Bitcoin mining firm in the United States Marathon has released its financial results for the second quarter of 2023. The report revealed an impressive 228% rise in revenue compared to the same period in 2022.  The company disclosed a profit of $23.4 million derived from selling 63% of the Bitcoin mined during the quarter, […]

Coinbase’s newly launched layer-2 network, Base, has encountered a significant issue for the first time since its public launch on August 9. According to information on the Base status site, block production unexpectedly stopped for 45 minutes on September 5.  However, the team behind the platform acted to fix the problem after identifying the issue […]

SBI Remit Co., Ltd., a key player in the international money transfer service sector under the SBI Group umbrella, has announced a significant expansion in its partnership with Ripple and SBI Ripple Asia. This collaboration will see the introduction of international remittance services using the cryptocurrency XRP as bridge currency to bank accounts in the […]

In a recent revelation, on-chain researcher BoringSleuth has connected the dots between the meteoric rise of the meme token Shiba Inu and SBI Holdings, Japan’s largest digital bank conglomerate. The researcher’s deep dive into the financials and strategic moves of SBI Holdings suggests a potential orchestration behind the scenes. BoringSleuth’s revelation began with a cryptic […]

Have you heard about casino without Swedish license and wondered why those are so special? What exactly does the Swedish license mean, and why is it becoming so popular to find casinos without it? This article delves deep into the intricacies of this phenomenon and the online casinos operating without a Swedish gambling license. With […]

Grayscale Investments has sent a compelling letter to the US Securities and Exchange Commission (SEC), urging the regulatory body to reevaluate its stance on the Grayscale Bitcoin Trust’s conversion into an Exchange-Traded Fund (ETF). The letter, penned by Davis Polk on behalf of Grayscale, highlights the decision by the US Court of Appeals for the […]

In a legal battle that has recently come to light on September 4, Ripple Labs Singapore, the Singapore arm of Ripple Inc., has taken legal action against GCC Exchange, a well-known foreign exchange and money transfer app provider.  The lawsuit stems from alleged non-payment issues concerning the transfer of XRP liquidity injected by Ripple’s Singapore-based […]

Back in 2022, Lido Finance, a decentralized finance (DeFi) protocol providing staking services, announced support for Solana. Since then, the DeFi platform has provided an avenue for Solana users to stake their SOL and receive a liquid staking token while doing so. The platform has run into a problem that could lead to the end […]

An analyst has suggested that the approval of a Bitcoin (BTC) Spot exchange-traded fund (ETF) is unlikely to happen this year, dampening the optimism that surged in the crypto sector following Grayscale’s recent legal victory against the US Securities and Exchange Commission (SEC).  The SEC has extended its decision deadline on seven ETF filings, causing […]