admin

In a stunning turn of events, Multichain, a prominent cross-chain router protocol, has been forced to shut down after a series of unfortunate incidents that have rocked the organization to its core. The primary cause behind the closure is…

Former FTX CEO, Sam Bankman-Fried (SBF), is seeking permission from Judge Lewis Kaplan to enable visits from his “close friends” at his parents’ house in Palo Alto, California. SBF’s lawyers have requested an order to waive the need for a…

Alex Mashinsky, the co-founder and former CEO of Celsius Network, has been released on a $40 million bond after pleading not guilty to allegations of fraud. Mashinsky was arrested on July 13 following an investigation into the collapse of…

In an electrifying moment for the cryptocurrency universe, Ripple Labs emerged victorious from a longstanding legal battle with the U.S. Securities and Exchange Commission (SEC). This seismic win comes after a multi-year lawsuit, during…

Former SEC Chairman Jay Clayton believes proving spot market efficiency could lead to a U.S. Bitcoin ETF approval. Bitcoin ETF’s journey to US approval has taken a new turn, with former SEC Chairman Jay Clayton shedding light on what could…

The upcoming Mt. Gox repayment in October 2023 could potentially sway the Bitcoin market in unforeseen ways. The October repayment deadline of Mt. Gox, the hacked Bitcoin exchange, is nearing, and crypto enthusiasts are keeping a close…

The United States Federal Bureau of Investigations (FBI) reportedly searched the home of Jesse Powell, co-founder of Kraken, a prominent cryptocurrency exchange. The search, which took place in March, was part of an ongoing investigation…

According to a report by ARK Investment, in June 2023, Bitcoin experienced a resurgence in institutional sentiment, with the supply of Bitcoin that had remained unmoved for at least a year reaching an all-time high of approximately 70% of…

President Joe Biden of the United States has declared his intent to eradicate tax escape routes for cryptocurrency traders and hedge fund executives. As part of his fairness initiative for the federal tax system, Biden expressed a…

The current uptrend in Ethereum's price began on June 15, 2023, when the price was at a low of $1626. Following this low point, Ethereum began to rise, and by June 19, the 5-day MA crossed above the 10-day MA for the first time, signaling a…