Finance
In a significant development for the cryptocurrency industry, the U.S. Securities and Exchange Commission (SEC) has intensified its legal efforts to classify Ethereum, the second most popular cryptocurrency, as a security. This move has sparked a flurry of legal actions against various companies, marking another chapter in the ongoing
Finance
In a significant move toward enhancing the regulatory framework around the cryptocurrency market, the U.S. Securities and Exchange Commission (SEC) has formally requested an additional $158 million in funding for its 2025 budget. This request, aimed at addressing a range of issues, underscores the agency's commitment to
Finance
In a surprising turn of events, the founder of Slerf has incinerated all tokens initially allocated for airdrop purposes, leaving the crypto community in shock. This drastic move came to light through an announcement on X (formerly known as Twitter), where the developer detailed the unfortunate mishap that led to
Finance
Four years ago, on March 16, 2020, the Solana network mined its genesis block, marking the inception of a blockchain that was set to revolutionize the way we think about digital asset speed and security. Since that pivotal moment, Solana has not only generated over 254 million blocks but has
Finance
Berachain, a pioneering blockchain platform, has successfully secured a significant $69 million in funding, achieving a remarkable valuation of $1.5 billion. This investment round saw the participation of leading firms Brevan Howard Digital and Framework Ventures, marking a significant endorsement of Berachain's potential and vision. According to
Finance
The Dutch Central Bank (DNB) announced on March 13th the imposition of a $3.1 million fine on Crypto.com for conducting business without the requisite license. The regulatory authority penalized the cryptocurrency exchange for its unauthorized operations, highlighting the stringent oversight within the Netherlands' financial landscape. Crypto.com,
Finance
In a move that has stirred significant debate within the cryptocurrency sector, the Biden administration has proposed a 30% tax on the electricity consumption of bitcoin mining operations. If approved, these new regulations would come into effect on January 1, 2025, marking a significant shift in the U.S. government&
Finance
In a recent statement that caught the attention of both the financial and political worlds, Donald Trump has articulated his position against the idea of banning bitcoin. Trump, looking ahead to the possibility of reclaiming the presidency, shared his vision for a future where the cryptoasset industry flourishes free from
Finance
The Dogwifhat memcoin community, known for its engaging and vibrant online presence, has recently unveiled an ambitious advertising strategy that is turning heads in both the digital currency and marketing worlds. With a goal to prominently display their memcoin logo on the colossal 54,000-square-meter LED screen at the MSG
Finance
In a groundbreaking move signaling further integration of cryptocurrency into mainstream financial strategies, BlackRock has officially submitted a new filing with the Securities and Exchange Commission (SEC) to expand its Bitcoin Exchange-Traded Fund (ETF) holdings. This initiative aims to bolster the investment portfolio of its Global Allocation Fund, showcasing a
Europe
In a significant development, Spain has imposed a temporary ban on Worldcoin's activities within its jurisdiction. The Spanish Data Protection Agency (AEPD) has issued a directive to Worldcoin, demanding an immediate halt to the collection of personal information and the use of data previously gathered on Spanish soil,
Finance
In an era marked by rapid digital transformation, the realm of cryptocurrency investments has witnessed a monumental shift. Recent data reveals that assets managed under Bitcoin Exchange-Traded Products (ETPs) have soared to an astonishing $67 billion, reflecting a growing institutional embrace of digital assets. This significant milestone highlights the evolving