Ethereum’s co-founder Charles Hoskinson refutes involvement in “Ether speech” controversy. Hoskinson emphasized that the events in question occurred years after his departure, distancing himself from ...
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Robinhood Shares Plunge as Crypto Revenue Nosedives
Alex Dovbnya Despite achieving its first profitable quarter since its IPO, Robinhood, the online brokerage giant, is facing significant headwinds as shares plunged 9.3% following a reported decline in...
Can FRAX Coin Price Go Upwards?
Frax is a stablecoin that is partially supported by collateral and partially regulated by algorithms. It is distributed, adaptable, and ruled by the community. Frax wants to replace fixed-supply asset...
Tracing the impact of SEC chairmen
From its early days, the crypto sector has grappled with regulation. We analyzed how the U.S. Securities and Exchange Commission (SEC) and its successive chairs have shaped crypto’s regulatory landsca...
BlockFi’s Disclosure Statement Receives Conditional Approval By US Bankruptcy Court
Bankrupt crypto lender, BlockFi revealed that the US Bankruptcy Court for the District of New Jersey has conditionally approved its disclosure statement. The development essentially demonstrated that ...
Army And Marines Now Leaderless As Senator Blocks Hundreds Of Nominations—A Historic First
Topline The U.S. Army became the second military branch without a Senate-confirmed leader on Friday, behind the Marines, as Sen. Tommy Tuberville (R-Ala.) continues to block hundreds of military nomin...
Coinbase’s situation ‘tenuous’ despite ‘better than feared’ Q2 results
Coinbase’s second quarter earnings results reflected headwinds foreseen by various analysts — but not to the extent some had expected. Still, the print indicates the crypto exchange is in a “tenuous” ...
Metaverse tokens gather losses, but SAND has a trick up its sleeve
SAND HODLers were facing losses of over 90%. The Sandbox introduced KYC for staking as staking declines. Recent data indicated that both The Sandbox [SAND] and other metaverse tokens, such as Axie Inf...
Scope for a potential fall to support at 4,325/4,302 – Credit Suisse
Economists at Credit Suisse expect S&P 500 to correct lower with daily and weekly momentum divergences now in place. Break above the 4,637 high needed to alleviate thoughts of a correction With da...
Revolut to Shutter US Crypto Operations Due to ‘Regulatory Environment’
Revolut, the UK-based fintech firm, has announced the suspension of its cryptocurrency services in the United States. This decision, influenced by the evolving regulatory landscape and uncertainties s...
ZENIQ Announces Conclusion of Successful Business Collaboration
Advertisement     Coinscribble – August 4th, 2023 – Partners with ZENIQ, His Highness Sheikh Saeed bin Hasher Al Maktoum and Mr. Solaiman Al-Rifai, have announced their decision to end...
Petrobras Slashes Contentious Dividends and Buys Back Shares
(Bloomberg) — Petroleo Brasileiro SA slashed politically contentious dividends after profits declined and the Brazilian oil major set a more conservative policy for shareholder payouts. Shares d...
Coinbase Seeks Dismissal of SEC’s Lawsuit in Federal Court
Coinbase, the world’s second-largest crypto exchange by trading volume, has asked a federal judge to dismiss the Securities and Exchange Commission’s (SEC) litigation against it. The SEC sued Coinbase...
Revolut to suspend cryptocurrency services in US
Cryptocurrency-friendly trading neobank Revolut is wrapping up its crypto services in the United States amid ongoing regulatory uncertainty. Soon after announcing a partial delisting of certain digita...
Can LDO Shatter Support Soon?
Lido DAO is a platform that allows users to stake their tokens on different blockchains, such as Ethereum and Solana, and get liquid tokens in return. LDO coin is the platform’s native token, which gi...
Quantstamp settles with SEC over fraudulent $28 million ICO
The U.S. Securities and Exchange Commission (SEC) has announced a $3.5 million settlement with Quantstamp which was charged with violating securities laws in its 2018 initial coin offering (ICO). Quan...
Litecoin (LTC) Close to Surpassing Bitcoin (BTC) on BitPay Post-Halving
Vladislav Sopov One of three transactions on BitPay, largest cryptocurrency payments processor, uses ‘Digital Silver,’ data shows Contents Litecoin (LTC) might surpass Bitcoin (BTC) by num...
The Pac-12’s Time May Be Up
College Football: Closeup rear view of USC helmet with Pac12 logo and USA flag during game vs … [+] Stanford at Los Angeles Coliseum. Equipment. Los Angeles, CA 9/11/2021 CREDIT: John W. McDonou...
Crypto Analyst Predicts Potential Price Rallies for Bitcoin ($BTC) and DeFi Token Curve ($CRV)
Renowned cryptocurrency analyst Credible Crypto has made some bold predictions prices of Bitcoin ($BTC) and Ethereum-based Curve ($CRV). With a massive following of over 340,000 on the microblogging p...
Matter Labs Refutes Plagiarizing Code Amidst Ongoing Spat With Polygon
zkSync creator and Matter Labs CEO Alex Gluchowski refuted allegations of plagiarizing code without appropriately crediting zero-knowledge scaling firm Polygon Zero. Gluchowski called the accusations ...
S&P 500 reversal and sectoral performance
S&P 500 reversed right on cue yesterday, and the retreat before AAPL earnings was duly bought. Next, it was up to the run up to the non-farm payrolls – stocks froze with fear for which I saw no re...
Nikola’s CEO Michael Lohscheller Steps Down, Company Releases Q2 2023 Report
Nikola’s second-quarter results not only revealed insights into its financial situation but also demonstrated the company’s aggressive measures to strengthen its financial base. Electric truck manufa...
How Coinbase has fared against the turbulent U.S. regulatory landscape
Coinbase scooped up a portion of the business from its nearest rivals like Binance.US. Coinbase reported a total revenue of $708 million in Q2, a fall of 8% from the previous quarter. Navigating throu...
Carl Icahn’s Wealth Falls $2.7 Billion as Dividend Cut Batters Shares
(Bloomberg) — Carl Icahn’s fortune fell $2.7 billion Friday after the activist investor made corporate changes in tacit response to a short seller’s scathing report published three months ago. M...
Crypto Clarity in Asia Enhances With Hong Kong’s New Regulation Move
As opposed to US regulatory issues, Asian nations are regulating digital assets and cryptocurrencies. Hong Kong licensed trading platforms under a new digital-asset framework. Asia may be drawn to cry...
How Much Capital Causes $1 Change In Bitcoin Market Cap?
The lead analyst at Glassnode has explained how much capital one would need to change the Bitcoin market cap by $1. Bitcoin Realized Cap Needs To Change By This Much For $1 Market Cap Change In a new ...
Can COST Stock Fall Below $550?
Costco Wholesale has been increasing its earnings by 14.9% yearly on average, while the Consumer retailing industry grew by 10.2% annually, according to the financial website Simply Wall St. The compa...
SEC freezes assets of crypto mining firm DEBT Box in $50m fraud case
The US Securities and Exchange Commission has frozen the assets of Utah-based crypto mining firm Digital Licensing Inc., alleging a $50 million fraudulent crypto scheme. On Aug. 3, the SEC announced t...
SAFIR Global Announces Business Partnership Termination With SAFIR GROUP INTERNATIONAL Ltd
Advertisement     Safir Group International LTD and Safir Global for Marketing Management, a leading firm in the creation of marketing strategies for cutting-edge hardware products and...
Americans Are Battling Banks After Accounts Are Frozen, Access to Hard-Earned Cash Is Denied: Report
Americans are increasingly turning to local news outlets after their hard-earned cash is frozen and denied. According to a new report from CBS News, a rash of banking customers are reaching out and de...
Core Scientific promotes Adam Sullivan to chief executive
Core Scientific has hired Adam Sullivan as CEO, replacing co-founder Mike Levitt in the role. Sullivan previously served as Core Scientific’s president, and Levitt will remain as chair of the board. ...
Shiba Inu lead developer queries Coinbase’s ‘Onchain Summer’ campaign
Shiba Inu lead developer Shytoshi Kusama has responded to Coinbase’s Onchain Summer campaign. Kusama suggested that the crypto exchange’s campaign appeared to have similarities with the ideas initiall...