Ripple has just announced that it will drop its cross-appeal against the SEC, signaling the end of a years-long legal siege. CEO Brad Garlinghouse declared: “We’re closing this chapter once and for all.” With the SEC expected to reciprocate, XRP surged by 5% at one point to $2.2. But beneath the modest green candle lies […]
The California Department of Financial Protection and Innovation (DFPI) announced today that it has entered into a consent order with Seattle-based Coinme, Inc. This marks the first enforcement action under the state’s Digital Financial Assets Law (DFAL). California Cracks Down on Coinme Coinme, which operates crypto kiosks in grocery and convenience stores across California, was […]
In an effort to curb the misuse of cryptocurrency ATMs, Australian authorities have identified 90 individuals, many of them scam victims or unwitting money mules, following a months-long investigation led by AUSTRAC’s cryptocurrency taskforce. The operation was conducted in collaboration with federal and state law enforcement agencies and marks a significant step in understanding how […]
The Donald Trump-affiliated DeFi project, World Liberty Financial, is receiving considerable interest from public companies that want to hold its native WLFI token as a treasury asset, according to a recent report. Co-founder Zak Folkman revealed this during his Wednesday speech at the Permissionless conference in New York, where he also announced the release of […]
TL;DR The Pi Network Core Team just announced two new features for all users, which include the introduction of artificial intelligence into the ecosystem and another platform-level utility service for staking. Meanwhile, the PI token continues its slide, losing another 5% in the past 24 hours. PI and AI Citing the fundamental principles of the […]
Bakkt Holdings has filed a shelf registration with the US Securities and Exchange Commission (SEC) to raise up to $1 billion through a variety of securities offerings while considering Bitcoin purchases for its corporate treasury. The digital asset platform, backed by Intercontinental Exchange, outlined in its Form S-3 filing that it could issue common and […]
Ogle, a pseudonymous crypto sleuth and founder of Layer 1 project Glue, has alleged that the Across Protocol team used a web of undisclosed wallets to steer DAO votes in their favor, which enabled the team to transfer almost $23 million from the Across DAO treasury to their private company, Risk Labs. According to Ogle, […]
Around 140,000 Bitcoin options contracts will expire on Friday, June 27, and they have a notional value of roughly $15 billion. This event is a big one, being the end of the month and end of the second quarter, so there could be an impact on spot markets. They have been recovering since Monday’s crash, […]
OpenAI CEO Sam Altman’s crypto-tied digital identity project, World, formerly known as Worldcoin, has launched “Priority Blockspace for Humans” (PBH) on its World Chain mainnet. The new infrastructure is designed to prioritize transactions from verified human users, marking a shift away from traditional gas fee bidding mechanisms. Priority Blockspace for Humans According to a press […]
A Bloomberg report has revealed that former Blackstone Inc. executive Chinh Chu and Reeve Collins, co-founder of stablecoin giant Tether, are teaming up to raise $1 billion for a listed crypto vehicle that aims to build a portfolio of digital assets. The capital is being raised through M3 Brigade Acquisition V Corp, a Special Purpose […]