Meme Coin BOB Tanks 45% After Elon Musk Calls its Twitter Bot Account a 'Scam'
[Jun 19, 2023 1:21 AM] Musk had previously engaged with the Bob token bot several times, aiding a value rise.
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US Judge Considers if Crashed Coins of Terraform Labs Were Securities
[Jun 16, 2023 3:30 PM] A judge in the United States considered on Thursday whether the cryptocurrencies created by Terraform Labs were securities. The failed blockchain firm and its founder, Do Kwon, have asked the court to dismiss a case filed by the U.S. Securities and…
Which altcoins will survive the SEC crackdown? Bitcoin OG explains
[Jun 16, 2023 11:00 AM] Bitcoin OG and educator Dan Held points out which crypto assets are most likely to avoid the ongoing SEC crackdown.
Sweat Economy DAO votes to repurpose $10M of idle tokens
[Jun 15, 2023 7:57 AM] The move-to-earn platform had 2 billion $SWEAT tokens locked up in inactive user accounts which the community has voted to be returned to a governance contract.
Microstrategy’s Saylor Envisions Bitcoin-Only Future for Crypto Industry as US Regulators Hammer the Sector
Crypto Exchange OKX Burns $258M of OKB Tokens in Record Move
[Jun 9, 2023 3:10 AM] OKX periodically buys back and burns the tokens to gradually reduce their supply on the open market.
Do Kwon Moved $29 Million Worth of Coins Since Arrest, Prosecutor Says
[Jun 8, 2023 2:30 PM] Founder of Terraform Labs, Do Kwon, has withdrawn millions of dollars in crypto from an entity linked to his failed blockchain firm, investigators claim. South Korean authorities are now trying to locate the digital assets that have been allegedly…
Robinhood ‘Actively Reviewing’ Listed Coins After SEC Sues Binance and Coinbase
[Jun 7, 2023 3:30 PM] Robinhood is reviewing its crypto offerings after the U.S. Securities and Exchange Commission (SEC) went after major digital assets exchanges. In lawsuits against Binance and Coinbase, the regulator claims that a number of tokens listed by the…
SEC lawsuits squeeze net worths of Coinbase and Binance CEOs
[Jun 6, 2023 7:54 PM] Brian Armstrong and CZ have seen respective net worth losses of 11.8% and 5.1% since the SEC sued Coinbase and Binance.
Grinding out a living: Can blockchain games really offer a sustainable income?
[Jun 6, 2023 6:52 AM] Blockchain gaming executives believe the law has not yet caught up with the concept of earning a living through gaming.
Taurus deploys on Polygon blockchain for asset tokenization and custody
[Jun 2, 2023 11:16 AM] Taurus raised $65 million in a funding round three months ago. Its clients can now issue digital securities automatically.
Circle to launch ‘official version’ of USDC natively on Arbitrum
[Jun 1, 2023 10:42 AM] USDC stablecoin developer Circle will replace the current version of its token with one running natively on the Arbitrum network.
A House Bill Would Make It Harder for the SEC to Argue Crypto Tokens Are Securities
[May 31, 2023 10:58 AM] The five-page, bipartisan Securities Clarity Act by Representatives Tom Emmer and Darren Soto would significantly reduce uncertainty for both crypto investors and issuers, write Bain Capital Crypto’s Tuongvy Le and Khurram Dara.
Stablecoin Economy Reaches 20-Month Low as BUSD Redemptions Surpass 10 Billion Tokens in 3 Months
[May 31, 2023 8:30 AM] Three months have passed since Paxos made the decision to cease the production of new BUSD tokens, complying with the directive issued by the New York Department of Financial Services (NYDFS). Since February 13, 2023, 10.62 billion BUSD tokens have…
Ordinals Inscriptions on Bitcoin Surpass 10 Million, Fueling NFT and Token Boom
[May 30, 2023 8:30 AM] On Monday, May 28, 2023, a pivotal landmark was reached as the aggregate quantity of Ordinal inscriptions minted on the Bitcoin blockchain exceeded 10 million in under half a year. Since Ordinal inscriptions’ inception, bitcoin miners have…
Shiba Inu-Themed Floki Sees Trading Volume Surge Amid China Plans
[May 29, 2023 12:25 AM] Floki prices rallied on Sunday amid a bitcoin-led market push and bets on the token's “China narrative.”
Binance suspends deposits for bridged tokens, seeks clarity from Multichain team
[May 25, 2023 12:42 PM] Transactions on the Multichain protocol have been delayed across multiple cross-chain bridges without a clear explanation.
Tornado Cash’s TORN Token Up 10% as Attacker Submits Proposal to Undo Attack
[May 21, 2023 9:34 PM] The proposal would revert Tornado Cash’s governance back to token holders, but not everyone in the community agrees that it's a benevolent plan.
Bitcoin Blockchain Continues to See Growth in Ordinal Inscriptions and BRC20 Tokens
[May 21, 2023 3:30 PM] As of Sunday, May 21, 2023, over 8.3 million Ordinal inscriptions have found their place on the Bitcoin blockchain, accompanied by a count of 24,677 BRC20 tokens. These new BRC20 tokens have also amassed a collective market capitalization of $483…
Bank of Russia Expects Significant Growth in Digital Assets Market
[May 20, 2023 4:30 AM] The Central Bank of Russia predicts an increase in the issuance of digital assets, citing some of their advantages. The monetary authority has published a report presenting the progress made by the growing industry and assessing the prospects for…
Korean Crypto Exchanges Upbit, Bithumb Raided Over Lawmaker’s Crypto Dealings
[May 16, 2023 11:30 PM] South Korean prosecutors have raided two of the country’s largest coin trading platforms within an investigation into the crypto investments of a politician. They seized materials from Upbit and Bithumb amid suspicions of wrongdoing related to the…
Airdrops are great, but be aware of the risks
[May 16, 2023 4:41 PM] Airdrops can be a great way to engage communities, but they also come with risks — from Sybil attacks to potential regulatory liability.
Cashtokens Take Center Stage Following Bitcoin Cash Upgrade: Over 26,000 Tokens Created
[May 16, 2023 3:30 PM] Following the recent Bitcoin Cash upgrade on Monday, data reveals that approximately 1,308 fungible tokens and 25,336 non-fungible tokens (NFTs) have emerged on the blockchain. Moreover, the Cashtokens token ecosystem is now accessible through the…
Tether’s Market Cap Inches Towards All-Time High as Competitors Struggle With Redemptions
[May 13, 2023 12:00 PM] Despite several U.S. dollar-pegged digital tokens experiencing notable redemptions in recent months, the largest stablecoin by market valuation, tether, is on the verge of achieving its highest-ever market capitalization. With a current value of…
Bakkt delists majority of tokens from recently acquired Apex Crypto platform
[May 12, 2023 5:43 PM] The delisting included major tokens used in DeFi; the company said it was following “up-to-date regulatory guidance.”
Terra crash anniversary: Community reflects on the lessons learned
[May 11, 2023 6:45 AM] The Terra crash anniversary sparks reflections on the importance of liquidity, transparency and user protection in the crypto industry.
Ethereum validators earn a record $46M as staking rewards rate surges
[May 10, 2023 5:23 AM] Ethereum’s staking rewards hit a record 8.6% post-Merge, with validators earning $46 million in the first week of May, citing the memecoin craze responsible.
Private equity tokens aim to bring greater liquidity, transparency and accessibility
[May 9, 2023 7:15 AM] Despite a few reservations, tokenization stands to streamline the way retail and institutional investors can access the private equity market.
Defending against SEC to cost Ripple $200M, CEO Brad Garlinghouse says
[May 8, 2023 4:02 AM] Ripple’s CEO reveals $200 million spent defending the SEC lawsuit, and laments about U.S. crypto regulation and a politics-first policy, advising entrepreneurs to avoid the United States.
Digitalization won’t displace commercial bank money any time soon: Moody’s
[May 3, 2023 2:21 PM] Even as digitalization increases, the commercial bank’s place in the economy is solid and will be supported by some new forms of money, the credit rating agency said.