Dexalot Launches First Central Limit Order Book Subnet on Avalanche with $1M+ in IncentivesDexalot’s novel infrastructure enables users to access a decentralized trading protocol with a centralized exchange experience.Dexalot, a decentralized cryptocurrency exchange has launched on an Avalanche Subnet, marking a new milestone in the evolution of decentralized trading protocols.The Dexalot Subnet aims to replicate the user experience of a centralized exchange (CEX) without compromising on decentralization and…
Intain Launches Avalanche Subnet to Usher in New Era for Multi-Trillion Dollar Securitized…Intain Launches Avalanche Subnet to Usher in New Era for Multi-Trillion Dollar Securitized Finance MarketIntainMARKETS’ Subnet Facilitates Efficient, Cost Effective, and Transparent End-to-End Asset Issuance, Investment, and Administration.Intain Inc., a leading structured finance platform, has launched IntainMARKETS, a marketplace for tokenized asset-backed securities built as an Avalanche Subnet. By launching as a Subnet, IntainMARKETS aims to…
Avalanche Explorer Gets a Brand New Upgrade for All P-Chain DataThe new tool pulls up-to-the-second data on validators, rewards, Subnets, and more.Ava Labs has launched a brand new explorer for Avalanche’s P-Chain, providing deeper visibility into all P-Chain activities from staking to granular transaction details. As one of three main chains in Avalanche’s Primary Network, the P-Chain maintains validators and empowers builders to launch Subnets. The…
Avalanche Park X Ed Balloon Concert Series to Launch in DTLA in February with Emerging NFT ArtistsThe inaugural event offers a new way to experience music through Web3, giving fans NFT-gated access benefits and digitally stamping music on Avalanche.On February 23 in Downtown Los Angeles, the Avalanche Park x Ed Balloon concert series will open with a show at WisdomeLA, an immersive art and entertainment park that has geodesic domes with…
Developer Spotlight: Usman Asim has Big Plans for Rust and ZKs on AvalancheThe Chainstack Dev plans to run his own dApp on the VM once production-ready, ideally on an Avalanche Subnet.The tech Usman Asim needed for his dApp didn’t quite exist. He had a big idea, but also a problem set without a clear solution.He needed a blockchain with leading speed, decentralization, and flexibility. He needed the…
Nigeria SEC declares Binance operations in country illegalThe Securities and Exchange Commission (SEC) of Nigeria has officially deemed the operations of Binance Nigeria, a subsidiary of the world's largest crypto trading platform Binance, illegal
OECD introduces tax reporting framework for crypto industryOECD unveiled its Crypto-Asset Reporting Framework (CARF) at the end of a two-day ministerial-level meeting of its council held between June 7 and 8
Crypto trading firm moves $9.8m of polygon tokens to Coinbase, Binance, MATIC price tankingChicago-based crypto trading firm, Cumberland, is moving millions worth of Polygon’s native cryptocurrency, MATIC, to Binance and Coinbase
Ethereum futures liquidations soar to 1-month high on OKXThe number of ethereum (ETH) futures contracts liquidated by OKX, a crypto trading platform, is at a 1-month high
DappRadar report: blockchain gaming revenue rose in May as investment soar to $476 millionBlockchain gaming revenue rose 6% in May 2022 despite a contraction in crypto prices. Investment also reached $476 million, data from DappRadar shows
Binance CEO comments on rumors behind crypto market volatilityChangpeng Zhao, the Binance CEO, has commented on recent comments attempting to explain rapid crypto price movements following SEC's lawsuit
AI pioneers, SingularityNET and InQubeta, can be game-changersInQubeta and SingularityNET are AI pioneers and crypto analysts are confident they can be game-changers. The QUBE presale is ongoing and has raised over $340,000
Senate Democrats Lead Inquiry Into Binance: Warren Heads Effort With Letter To DOJ NewCryptocurrency exchange Binance is once again facing mounting scrutiny in Washington, as lawmakers question whether the company is living up to the terms of its 2023 settlement with US authorities — an agreement that ultimately led to the resignation of its founder and former CEO, Changpeng Zhao (CZ). Democrats Urge DOJ And Treasury Investigation On…
XRP Sitting On The Edge: 200-Week EMA Signals Massive Move Ahead NewXRP is hovering at a critical inflection point as price presses directly against the 200-week EMA, a level that has historically separated prolonged bear phases from powerful cycle expansions. This isn’t just another short-term test; it’s a high-timeframe battleground that has defined XRP’s macro direction in prior cycles. With the price sitting right on this…
XRP Emerging As Safe Haven? CEO Points To Steady Inflows As BTC, ETH Struggle NewMost crypto funds have been losing investors lately. XRP hasn’t gotten that memo. While Bitcoin and Ethereum exchange-traded funds have faced weeks of steady outflows, XRP-linked products have quietly been doing something different — attracting fresh money even on the market’s worst days. Related Reading: Is Bitcoin The Poor Man’s Hedge Against Inflation? Coinbase CEO…
Crypto Trader Predicts Solana 50% Price Crash To $30 If This Level Breaks NewSolana (SOL) could be facing one of its most critical technical tests in recent months, with crypto trader Jussy warning that a breakdown at a key level could trigger a collapse toward prices not seen since previous bear market cycles. With the cryptocurrency trading above this level and forming two bearish patterns across multiple timeframes,…
Bitcoin Nears Major Milestone As 100 BTC Wallets Approach Record Levels NewAs market participants focus on short-term price movements, Bitcoin is approaching a notable on-chain milestone, with the number of wallets holding at least 100 BTC climbing toward record levels. This growing concentration of high-value holdings reflects increasing accumulation by large investors, and is viewed as a sign of strong long-term confidence in the world’s leading…
Fidelity Thinks Bitcoin May Be Leaving Its 80% Crashes Behind NewFidelity Digital Assets argues Bitcoin’s market structure has shifted enough that the familiar four-year boom-bust pattern and the brutal 80% drawdowns that often followed, may no longer be the default outcome. In a Feb. 24 research note titled “Is Bitcoin’s Four-Year Cycle Over?” research analyst Zack Wainwright frames the call around a simple observation: Bitcoin…
Expert Trader Who Correctly Predicted Bitcoin Top Just Shared A Chart Pointing Below $4,000 NewExpert trader Tony Severino, who correctly predicted Bitcoin’s top, has raised the possibility of a crash to $4,000. This comes as BTC continues to struggle to break key resistance levels, signaling that it could be at risk of a deeper decline. Expert Trader Raises Potential Bitcoin Drop To $4,000 In an X post, Tony Severino…
Tether stops fighting freedom of information request, allows disclosure of reserve dataStablecoin firm Tether said on June 15 that it has released reserve data after ending a legal fight to keep that information private. Tether drops fight against CoinDesk Tether said that it previously reported certain data to the New York Attorney General’s Office (NYAG) as part of its settlement obligations in 2021. The stablecoin firm…
BlackRock files for spot Bitcoin ETF; Coinbase to serve as custodian for BTC holdingsBlackRock, one of the world’s largest asset managers, has filed plans with the U.S. Securities and Exchange Commission to create a spot Bitcoin ETF through its iShares subsidiary. The news comes after reports earlier in the day that the investment giant, which has more than $9 trillion in assets under management, was close to filing…
Texas regulator says Abra secretly moved funds to Binance, has been insolvent for monthsThe Texas State Securities Board filed an emergency cease and desist order on June 15 against the cryptocurrency lending firm Abra. In its order, the regulator said, based on its investigations, it found that Abra and related parties committed fraud and made misleading statements. The regulator said Abra made misleading statements by suggesting it was…
Binance.US reportedly cuts 50 staff following SEC chargesBinance.US, the American counterpart of Binance, has laid off about 50 staff members across its legal, compliance, and risk departments., Reuters reported June 15. Two Binance.US employees, who have not been identified, disclosed a “round of layoffs” on LinkedIn and said that they were leaving the company. Binance.US has not officially announced the staff cuts.…
Do Kwon’s detention extended six months by Montenegrin courtA Montenegro court has extended Do Kwon’s detention by six months as he awaits trial for potential extradition, Agence France Presse reported Thursday. The former Terraform Labs CEO has been in custody in Montenegro since late March following his arrest at Podgorica Airport in the nation’s capital for allegedly carrying forged travel documents. He faces…
Prosecutors withdraw 5 charges against Sam Bankman-Fried to ensure trial proceeds on scheduleDisgraced FTX founder Sam Bankman-Fried’s attempt to strike some of the accusations from his charge sheet may have backfired after prosecutors requested the court “sever” five of the newer charges from the case. New York federal prosecutors made the request in a letter addressed to presiding Judge Lewis Kaplan filed on June 15. The withdrawn…
Marathon Digital issues fraudulent activity alert over fake Russian stock certificates and other related scamsMarathon Digital Holdings has issued a public warning about fraudulent activities conducted under its brand name, disclosing in a June 15 press release that it had detected a series of fraudulent websites, apps, and communications falsely claiming to be associated with Marathon. According to Marathon, such fraudulent activities include deceptive communications by individuals pretending to be…
South Korea Tax Office Leak Triggers $4.8M Crypto Loss NewTLDR South Korea’s National Tax Service exposed a crypto wallet seed phrase in an official press release. Unknown actors used the leaked mnemonic to transfer 4 million PRTG tokens worth about $4.8 million. Blockchain data showed three inbound transfers followed by a single outbound transfer of the full balance. Professor Jaewoo Cho confirmed the theft…
Minnesota Moves to Fully Ban Crypto ATMs With New 2025 House Bill NewTLDR: Minnesota HF3642 would make it illegal for anyone to place or operate a crypto ATM in the state. The bill repeals Sections 53B.70–53B.75, erasing all existing kiosk licensing and compliance rules. New customers currently get full fraud refunds within 72 hours — a protection the ban would eliminate. Minnesota could become one of the…
UK Gambling Regulator Weighs Crypto Payments for Casinos NewTLDR The UK Gambling Commission is reviewing whether licensed casinos can accept cryptocurrency payments. Tim Miller said the regulator will examine a clear path for crypto use in online betting. Companies offering regulated crypto services must obtain FCA authorization under the Financial Services and Markets Act 2000. The commission asked its Industry Forum to study…
Bank of America, Morgan Stanley Support Bitcoin Stakes NewTLDR Bank of America, Fidelity, and Morgan Stanley recommend allocating 1% to 5% of portfolios to Bitcoin. River reported that major institutions now treat Bitcoin as a portfolio diversifier. BlackRock advises limiting Bitcoin exposure to between 1% and 2% of total assets. JPMorgan analysts project Bitcoin could reach $266,000 if it rivals private gold investment.…
US Job Cuts Surge to Highest Level Since Pandemic as AI Reshapes the Workforce NewTLDR: Over 1.17 million US job cuts were announced in the past year, the highest total recorded since the COVID-19 pandemic era. The US government led all sectors with 317,000 cuts, followed by UPS at 78,000 and Amazon with 30,000 job reductions. Companies openly state that AI tools allow smaller teams to handle the same…
Block Earnings Jump as Square Eyes AI-Driven Growth NewTLDR Block reported fourth-quarter operating income of $485 million and raised its 2026 gross profit forecast to $12.2 billion. Block reduced its workforce to under 6,000 employees as it shifts to a smaller and flatter structure. Jack Dorsey said the company aims to reach more than 2 million dollars in gross profit per employee. Block…
Russia Crypto Rollout Faces Tight Curbs Before Launch NewTLDR Russia plans to launch regulated cryptocurrency trading once lawmakers approve the new digital asset framework. Moscow Exchange will offer Bitcoin and Ethereum trading to non-professional investors under a centralized model. Qualified investors will gain access to Solana, selected stablecoins, and crypto-related derivatives. Draft legislation sets an annual crypto purchase cap of less than four…
Bitcoin Mining Difficulty Set To Hit An All-Time HighIt’s gotten even harder to mine Bitcoin. Bitcoin’s mining difficulty is set to exceed the 40 trillion mark for the first time this weekend. According to on-chain data, the mining difficulty will increase by an estimated 10% from 39.16 trillion to 43.2 trillion. Bitcoin Mining Difficulty Set For Record Levels The mining difficulty expresses the…
Bitcoin Mining Difficulty Set To Hit An All-Time HighIt’s gotten even harder to mine Bitcoin. Bitcoin’s mining difficulty is set to exceed the 40 trillion mark for the first time this weekend. According to on-chain data, the mining difficulty will increase by an estimated 10% from 39.16 trillion to 43.2 trillion. Bitcoin Mining Difficulty Set For Record Levels The mining difficulty expresses the…
Top 5 Cryptos Seen To Explode In Price In The Final Days Of FebruaryAt the time of writing, the market for cryptos was shaken by major coins plummeting to weekly support ranges. However, although it seems that sentiment is still negative with major digital currency assets losing a good percentage in their values, some are glowing in green in almost all time frames, according to Coingecko. These five…
Top 5 Cryptos Seen To Explode In Price In The Final Days Of FebruaryAt the time of writing, the market for cryptos was shaken by major coins plummeting to weekly support ranges. However, although it seems that sentiment is still negative with major digital currency assets losing a good percentage in their values, some are glowing in green in almost all time frames, according to Coingecko. These five…
Polygon (MATIC) Tops List Among ETH Whales Ahead Of zkEVM LaunchThe Polygon network will launch its Zero Knowledge Ethereum Virtual Machine Beta by March. The community has been anticipating this launch as part of the significant upcoming development of Polygon. Also, its hype has helped push MATIC with an impressive performance over the past 30 days. Related Reading: Bitcoin Attracting Banks: Study Shows Over 130…
Polygon (MATIC) Tops List Among ETH Whales Ahead Of zkEVM LaunchThe Polygon network will launch its Zero Knowledge Ethereum Virtual Machine Beta by March. The community has been anticipating this launch as part of the significant upcoming development of Polygon. Also, its hype has helped push MATIC with an impressive performance over the past 30 days. Related Reading: Bitcoin Attracting Banks: Study Shows Over 130…
How These Whitehat Hackers Helped Oasis Network Get Back $140 Million In Stolen CryptoAccording to a recent announcement by Oasis Network on February 24th, the decentralized finance (DeFi) platform had collaborated with whitehat hackers to recover funds that had been stolen from Solana’s Wormhole bridge. On February 2nd, Wormhole had been hacked, and it was estimated that around $326 million worth of cryptocurrency had been stolen, with the…
BRICS to Promote National Currencies Before Issuing Common OneThe BRICS bloc is now focused on expanding the use of the currencies of its members, according to the representative of one of them. The establishment of a single currency for the group is not an immediate task at this point in time, the diplomat indicated in an interview. Wider Use of National Fiats of…
‘Evil Crypto’ Can Be Used in Foreign Trade, Russia’s Deputy Finance Minister SaysCryptocurrency may be bad for investors but it can be useful in international settlements, according to a top government official in Moscow. Russian authorities intend to set up a special committee that would issue permits to operators employing crypto in foreign trade transactions, he indicated. Russia Plans to ‘Experiment’ With Cross-Border Crypto Payments Amid Sanctions…
Syria Urges BRICS to Lead in Ditching Dollar, Talks Yuan Adoption With ChinaBRICS nations can lead efforts to abandon the U.S. dollar in international settlements, according to President Bashar Assad of Syria. At a meeting with China’s top diplomat for the region, the leader of the war-torn Middle Eastern country called for using the Chinese yuan for cross-border trade. Economic Clash With West Requires Discarding Dollar, BRICS…
Robert Kiyosaki Says Regional Banks Are Being Wiped Out — Calls Fed ‘Criminal’Rich Dad Poor Dad author Robert Kiyosaki says the Fed is wiping out regional banks by supporting only big banks, like JPMorgan Chase. Stating that the Fed “is criminal,” he warned that its actions “will bring down” the United States. Robert Kiyosaki Says the Fed Is Criminal The author of Rich Dad Poor Dad, Robert…
Russian Official Expects Agreement on BRICS Currency This YearThe chairman of the State Duma Committee on the Financial Market says that an agreement on the BRICS currency can be reached in 2023 as BRICS nations ramp up their de-dollarization efforts to shift away from U.S. dollar reliance. “By linking its economy and currency to politics, the U.S. is practically undermining the foundations of…
Meme Coin PEPE Surges by 152% This Week, Now the Fifth-Largest Meme Token by Market CapPepe (PEPE), the meme coin featuring the popular character Pepe the Frog, has experienced a significant surge in value in the past week, rising by 152.9% against the U.S. dollar. Recent statistics indicate that PEPE’s market capitalization has surged from $141 million on April 22 to a current valuation of $303 million. PEPE Jumps 99%…
NFT Sales Drop for Second Consecutive Month After Record-Breaking Start to 2023Sales of non-fungible tokens (NFTs) have declined by 5.76% over the past 30 days, according to the latest NFT sales statistics. The data reveals that the sales figure stood at $732.13 million in April, which is $44.75 million lower than the $776.88 million recorded in March. NFT Sales Decline by 5.76% in April, Ethereum Dominates,…
Bitcoin manipulation claims face pushback as ETFs snap 5-week outflow run: Finance Redefined NewAnalysts dispute claims of a daily Jane Street Bitcoin dump as spot Bitcoin ETFs post three days of inflows and DeFi debates shift to real revenue.
Price predictions 2/27: BTC, ETH, XRP, BNB, SOL, DOGE, BCH, ADA, HYPE, LINK NewBitcoin’s attempt to top $70,000 stalled throughout the week, but analysts believe that the short-term downside will be limited. Will altcoins hold on to their weekly gains?
Why yen stablecoins are key to Japan’s crypto ambitions NewJapan’s regulators and conglomerates are working to bring one of the world’s key funding currencies into DeFi, but retail activity remains muted.
Figure Technology stock crashes 20% following mixed Q4 earnings NewThe blockchain-based lending platform beat revenue estimates but fell short on earnings, even as annual profit reached $134 million.
Minnesota to weigh ban on crypto kiosks after scam reports NewRepresentative Erin Koegel proposed a total ban on crypto ATMs in Minnesota, building on a 2024 state law that imposed restrictions on kiosk operators.
How the EU’s crypto tax rules are expected to work for users and platforms NewThe EU’s new crypto tax rules will require platforms to report user data and transactions, reshaping tax transparency for digital assets starting in 2026.
Barclays probes blockchain for banking functions like payments, deposits: Report NewThe UK lender is reportedly seeking a technology partner to support blockchain-based payments and deposits as stablecoin adoption accelerates across finance and Big Tech.
Senate Democrats Lead Inquiry Into Binance: Warren Heads Effort With Letter To DOJCryptocurrency exchange Binance is once again facing mounting scrutiny in Washington, as lawmakers question whether the company is living up to the terms of its 2023 settlement with US authorities — an agreement that ultimately led to the resignation of its founder and former CEO, Changpeng Zhao (CZ). Democrats Urge DOJ And Treasury Investigation On…
South Korea Tax Office Leak Triggers $4.8M Crypto LossTLDR South Korea’s National Tax Service exposed a crypto wallet seed phrase in an official press release. Unknown actors used the leaked mnemonic to transfer 4 million PRTG tokens worth about $4.8 million. Blockchain data showed three inbound transfers followed by a single outbound transfer of the full balance. Professor Jaewoo Cho confirmed the theft…
Minnesota Moves to Fully Ban Crypto ATMs With New 2025 House BillTLDR: Minnesota HF3642 would make it illegal for anyone to place or operate a crypto ATM in the state. The bill repeals Sections 53B.70–53B.75, erasing all existing kiosk licensing and compliance rules. New customers currently get full fraud refunds within 72 hours — a protection the ban would eliminate. Minnesota could become one of the…
UK Gambling Regulator Weighs Crypto Payments for CasinosTLDR The UK Gambling Commission is reviewing whether licensed casinos can accept cryptocurrency payments. Tim Miller said the regulator will examine a clear path for crypto use in online betting. Companies offering regulated crypto services must obtain FCA authorization under the Financial Services and Markets Act 2000. The commission asked its Industry Forum to study…
XRP Sitting On The Edge: 200-Week EMA Signals Massive Move AheadXRP is hovering at a critical inflection point as price presses directly against the 200-week EMA, a level that has historically separated prolonged bear phases from powerful cycle expansions. This isn’t just another short-term test; it’s a high-timeframe battleground that has defined XRP’s macro direction in prior cycles. With the price sitting right on this…
Bank of America, Morgan Stanley Support Bitcoin StakesTLDR Bank of America, Fidelity, and Morgan Stanley recommend allocating 1% to 5% of portfolios to Bitcoin. River reported that major institutions now treat Bitcoin as a portfolio diversifier. BlackRock advises limiting Bitcoin exposure to between 1% and 2% of total assets. JPMorgan analysts project Bitcoin could reach $266,000 if it rivals private gold investment.…
US Job Cuts Surge to Highest Level Since Pandemic as AI Reshapes the WorkforceTLDR: Over 1.17 million US job cuts were announced in the past year, the highest total recorded since the COVID-19 pandemic era. The US government led all sectors with 317,000 cuts, followed by UPS at 78,000 and Amazon with 30,000 job reductions. Companies openly state that AI tools allow smaller teams to handle the same…