On Wednesday, Elon Musk lost his position as the world’s richest man to Bernard Arnault, the chief executive officer of Louis Vuitton’s parent company, LVMH. Musk’s loss was quick and only by a “fraction.” According to Forbes, the transitory change Read More
The court may soon draw the curtain on the long-standing lawsuit legal battle between the U.S. Securities and Exchange Commission (SEC) and Ripple. The SEC filed a lawsuit in December 2020. In the initial filing, the commission alleged that the Read More
Ethereum completed the switch to a Proof-of-Stake consensus system earlier this year, here’s how much energy is being saved thanks to the Merge. Ethereum PoS Merge Reduced Energy Consumption By 99.84% To 99.99% As per a new paper published by Read More
This week, cryptocurrency cold storage wallet manufacturer Ledger, known for its Nano S and Nano X crypto wallets, revealed its new Ledger Stax product, complete with an “E-Ink” touchscreen. In the wake of the FTX fallout and millions of dollars Read More
The U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler spoke about the FTX collapse, the state of crypto regulation, and its cooperation with international regulators. The SEC Chair has come under fire due to recent events and his connection Read More
Lawmakers in the U.S. have now suggested that the Department of State disclose information related to crypto rewards and payouts. The state department is the federal government’s arm in charge of foreign policy. U.S. legislators want this proposal to be Read More
Celsius Network employees are now aware that the company, which filed for Chapter 11 bankruptcy in July, was given the green light from a bankruptcy court judge to distribute $2.8 million in incentives. According to court documents, Celsius requested the New Read More
Three of the most prominent figures in the cryptocurrency industry have all inexplicably died in recent weeks. News of the unbelievable and surprising demise has caused a frenzy on social media in the form of conspiracy theories and calls for Read More
A prolonged slump in the prices of assets characterizes the crypto market in 2022. The combination of local and macroeconomic factors has impacted the price of these assets. The stock market has also experienced the same bearish trend, with popular Read More
The crypto market crash has kept many investors and experts in a skeptical state of mind. This resulted from liquidity crashes and inflation that became more pressurizing in 2022. As a result, several digital tokens, including BTC and ETH, have Read More
The UK government is reportedly working on a framework aimed at regulating the cryptocurrency industry. The UK Treasury, which will be in charge of scrutinizing the sale and marketing of crypto assets, is expected to announce details about the guideline. Read More
Stablecoin issuer Circle, a peer-to-peer payments technology company behind the popular USDC stablecoin, was quick to clarify that its decision to abolish its plans of going public has nothing to do with the collapse on Sam Bankman-Fried’s FTX cryptocurrency exchange. Read More
Nexo, one of the leading crypto lending institutions in the digital finance industry, announced it has decided to halt its services in the U.S. after regulators “dropped the ball” in dialogues meant to give blockchain businesses a clear path moving Read More
Not without it’s hiccups, Nike has formally announced it’s first “native web3 sneaker” this week, courtesy of it’s NFT / web3 arm, RTFKT. Now, as the industry leader in the sneaker game continues to show investment in building it’s infrastructure Read More
The controversial taxes slapped on crypto transactions in India have continued to create a negative ripple effect. Earlier this year, the Indian Parliament passed this controversial tax proposal which came into effect on April 1. The bill met resistance at Read More
Bitcoin continued to make new bear market lows and has essentially failed as an inflation hedge. The ongoing recession-like macro environment has dramatically reduced the price per BTC and the share prices of top tech giants across the globe. In Read More
Sam Bankman-Fried (SBF), the disgraced founder and former Chief Executive Officer of FTX cryptocurrency exchange, appeared to have become an apologetic fellow after his company crumbled last month. It can be recalled that few days after the exchange filed for Read More
Rumors are circulating on Twitter in the last few hours that Elon Musk could soon launch his own cryptocurrency, a Twitter Coin. What this means for Dogecoin (DOGE) or even Bitcoin (BTC) seems unclear at the moment. Blogger and Twitter Read More
Is it doom and gloom for crypto engagement and sports? The answer from top crypto executives is a mixed bag as the Sports Business Journal Dealmakers Conference inquiries from some of the highest ranked sports executives in the business. Meanwhile, Read More
Bitcoin miners seem to be giving up on the prospect of holding the maiden crypto for long-term profit as they continue to sell large sums of the digital coin. According to data shared by CryptoQuant, as of December 1, bitcoin Read More
