We deliver up-to-date, breaking crypto news about the latest Bitcoin, Ethereum, Blockchain, Airdrops,NFTs, and Altcoin trends and happenings.
Bankrupt cryptocurrency companies FTX Trading and Voyager Digital Holdings have reached an agreement to settle their loan disputes, a move aimed at reimbursing creditors. The protracted claims and disagreements between the two entities came to a close on Tuesday, resulting in the complete release of $445 million to Voyager, including accrued interest. Voyager’s financial troubles…
The securities regulator of the European Union (EU) has issued a cautionary statement regarding the substantial concentration of trading activity observed across a select few cryptocurrency exchanges. Specifically, the report highlights Binance as a singular platform controlling approximately half of the entire market, as disclosed on Wednesday. According to analysis conducted by the European Securities…
The web3 application STEPN, which incentivizes users to earn rewards by engaging in various activities, has recently initiated a significant promotional campaign termed the “trailblazer” airdrop. This campaign involves the distribution of 100 million FSL Points, a digital asset associated with the Solana-based non-fungible token (NFT) project. Notably, the total value of this airdrop amounts…
Thailand’s state authorities convened on Tuesday to address the pressing need for regulations governing peer-to-peer (P2P) cryptocurrency transactions and to enhance measures to combat online fraud comprehensively. Led by Prasert Jantararuangthong, the Minister for Digital Economy and Society, the meeting brought together representatives from various governmental bodies, including the Thai Securities and Exchange Commission (SEC),…
In a recent legal development within the realm of crypto taxation, a specialized law firm has initiated a trade secrets lawsuit in the US District Court for the Northern District of Illinois. This lawsuit targets both a rival firm and a former employee, alleging the unauthorized acquisition and utilization of confidential materials, which were subsequently…
Auradine, a manufacturer of Bitcoin mining equipment, has secured $80 million in Series B funding to enhance its presence in the blockchain, security, and artificial intelligence sectors. In a recent statement by Auradine, it was revealed that this funding round attracted new investors such as StepStone Group, Top Tier Capital Partners, MVP Ventures, and Maverick…
Senator Elizabeth Warren has articulated her criticism of the momentum behind a proposed stablecoin bill, particularly emphasizing the absence of robust anti-money laundering (AML) regulations. In a letter addressed to House Financial Services Committee Chairman Patrick McHenry and Ranking Member Maxine Waters, Senator Warren elucidates her concerns, highlighting the potential national security implications stemming from…
Republican Senator Thom Tillis has emerged as a vocal advocate for the establishment of a fresh regulatory framework tailored specifically for the cryptocurrency industry within the United States. In his view, such a framework should be designed to foster an environment conducive to the flourishing of digital assets. During a Senate Banking Committee meeting held…
The CEO of Marathon Digital Holdings Inc., recognized as the largest cryptocurrency miner in the United States, suggests that the highly anticipated “halving” event for Bitcoin may already be partially accounted for in the market. Fred Thiel shared his insights during an interview with Bloomberg TV, discussing the potential impact of the approval of Bitcoin…
Sapien AI, an artificial intelligence company, has successfully raised $5 million in a seed funding round, with notable participation from investors including Primitive Ventures, Animoca Ventures, Ravikant Capital, and Yield Guild Games. According to an official announcement, the funding injection will serve to propel Sapien’s overarching objective of furnishing scalable annotation services aimed at training…