In a move that many in the crypto industry view as a positive signal, the US Securities and Exchange Commission (SEC) has officially discontinued its investigation into OpenSea, the leading NFT marketplace. This decision concludes months of uncertainty regarding the regulatory status of NFTs and their classification under US securities laws. Related Reading: Bybit Turns […]

The possibility of FTX’s co-founder Sam Bankman-Fried (SBF) being released from prison has arisen again. This comes following his latch ditch political efforts to gain a presidential pardon from Donald Trump. Sam Bankman-Fried Seeks To Gain Favor From Donald Trump Sam Bankman-Fried is looking to get in Donald Trump’s good books and possibly get a […]

In the fast-paced world of artificial intelligence, Elon Musk’s xAI is setting its sights on something truly groundbreaking.  The company, known for its innovative approach to AI, is looking to scale up the graphics capabilities of its AI model, Grok, aiming to create graphics that rival AAA games.  The news has caught the attention of […]

The cryptocurrency industry just scored a major victory with the SEC’s decision to drop its lawsuit against Coinbase. Brian Armstrong, the CEO of Coinbase, shared the news on X, and it has sent shockwaves throughout the crypto world.  This marks a turning point for the industry, signaling a shift in the SEC’s aggressive stance toward […]

Bitcoin is showing signs of strength as buyers step in following a period of heightened volatility. After experiencing a sharp price drop near $100,000, BTC has found temporary stability, suggesting that selling pressure may be easing. This newfound support has sparked optimism among traders and investors who are now eyeing a potential recovery. Historically, Bitcoin […]

Shiba Inu’s Shibarium has suffered a heartbreaking decline in activity, dropping to new lows not seen in a long while. Reports reveal that the Layer 2 network has seen its daily transaction count plummet by over 96%, signaling a slowdown in user engagement and network usage. Shiba Inu’s Shibarium Activity Crashes 98% Shibarium, a prominent […]

The price of Bitcoin looked set to reclaim $100,000 on Friday, rallying on the back of the United States Securities and Exchange Commission’s (SEC) decision to drop the lawsuit against crypto exchange Coinbase. However, the premier cryptocurrency failed to capitalize on this momentum shift following the $1.4 billion exploit of the ByBit exchange. With the […]

Blockchain software company Consensys has submitted a letter to the US Securities and Exchange Commission (SEC) urging the withdrawal of a proposed definition amendment that could classify DeFi protocols as part of securities exchanges. The US-based blockchain firm is opposing this motion citing concerns over regulatory overreach and violations of US core constitutional amendments. Related […]

Kanye West, also known as Ye, is once again generating headlines, this time in the cryptocurrency space. The controversial musician and entrepreneur has announced the launch of his cryptocurrency, YZY, with the objective of creating a financial environment independent from traditional payment platforms. He initiated this course of action after numerous organizations severed their relationships […]

Franklin Templeton, one of the world’s largest asset management firms, has submitted a proposal to the United States Securities and Exchange Commission (SEC) to issue a spot Solana ETF (exchange-traded fund). The asset manager joins several other applicants in the race to offer a SOL-based investment product to US investors. Franklin Templeton To Offer Staking […]