VCs Prioritize Established Crypto Assets Over Early-Stage Investments.
Venture capitalists (VCs) in the cryptocurrency space are taking a more conservative approach, focusing on established assets like Bitcoin and Ethereum instead of riskier early-stage ventures. This shift in strategy…
WazirX Under Fire as Investors Demand Funds After Massive Hack.
WazirX, India’s largest cryptocurrency exchange, is facing mounting pressure from investors and influencers to return their funds after a devastating hack that resulted in the loss of over $230 million.…
Donald Trump Jr. Sets Sights on Banking Reform with Upcoming DeFi Project.
Trump Jr. emphasized his new project is not a meme coin but a DeFi platform targeting banks. Former President Donald Trump, now a presidential candidate, has made Bitcoin a central…
Tether to Double Workforce Amidst Growth and Regulatory Scrutiny.
Tether, the issuer of the world’s largest stablecoin USDT, plans to significantly expand its workforce. Aiming to reach approximately 200 employees by mid-2025, the company seeks to strengthen its compliance…
CFTC Rewards Crypto Whistleblower with $1 Million Bounty.
The Commodity Futures Trading Commission (CFTC) announced today a $1 million award to a whistleblower who provided critical information leading to an enforcement action against improper trading in the digital…
Crypto Leaders Call Out White House For Claiming ‘Chokepoint 2.0’ Isn’t Real.
The White House met with crypto industry leaders on Thursday to discuss their relationship – and tempers were quick to flare.Several crypto industry figureheads met with White House officials on…
OKX Close Accounts Over Tornado Cash Involvement
OKX CEO Star Xu has declared a strict policy against accounts interacting with Tornado Cash. Effective immediately, any OKX account found engaging with the controversial decentralized mixing service will face…
New Proposal for Tax-Free Bitcoin Economic Zone in the US.
USABTC proposes a tax-free Bitcoin Digital Economic Zone to enhance the US’s digital economy and foster financial growth through innovative tax policies. New Proposal for Tax-Free BitcoinA new proposal aims…
Can $2.5B Crypto Options Expiry Boost Market Momentum?
Crypto options expiration day has come around again, and markets are recovering from their big dump earlier this week.Friday, August 9, will see around 32,000 Bitcoin options contracts expire with…
Bitcoin Soared to Almost $63,000 Following Death Cross Rally.
Bitcoin and crypto markets are in recovery mode, with the asset rallying following an ominous technical signal this week.BTC prices surged to an intraday high of $62,790 during the Friday…