(Bloomberg) — Instant Brands, maker of the Instant Pot pressure cooker and Pyrex glassware, filed for bankruptcy on Monday after high interest rates and waning access to credit hit its cash posi...
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Could XRP Move Towards $1 Expectation Ahead of This Week’s Major Lawsuit?
Key Points: XRP is well-positioned to survive the impact of the SEC and Binance and enjoy significant increases in the not-too-distant future. Tuesday will be a watershed moment for Ripple Labs and th...
JPMorgan to Settle $290M Resolving Lawsuit from Epstein Case
JPMorgan accepted a settlement for resolving the lawsuit against them. More than 120 victims are getting a legal judgment for their loss. JPMorgan Chase & Co, the financial services in New York Ci...
DeFi Lending Protocol Sturdy Finance Hit By Exploit, Over $750K Drained
DeFi lending protocol Sturdy Finance has been hit by an exploit that drained 442 ETH (worth around $768,800) from the platform. The exploit was highlighted by blockchain security firms like PeckShield...
Bitcoin Miner Inflows To Exchanges Reach 2021 Levels As Bear Trend Persists
Bitcoin miners are now taking advantage of the recent price increase as they have begun to send massive amounts of BTC to centralized exchanges. While this is not new as miners tend to sell BTC to fun...
Binance.US hires former SEC enforcement official amid lawsuit: Report
United States-based crypto exchange Binance.US has reportedly hired a former enforcement official from the Securities and Exchange Commission (SEC) as part of the legal team to defend itself against a...
FLOKI Surging Again While Altcoins Keep Bleeding
Vladislav Sopov FLOKI, trending competitor of leading meme coins Shiba Inu (SHIB) and Dogecoin (DOGE), has already started erasing losses Contents After painful drop, FLOKI is back to green zone Carda...
Build your riches through NFTs in 6 ways: A Beginner’s Guide
Many people aspire to become millionaires in their lifetime. But, every living person must understand that the only way to become rich is to become wiser financially. In the times when digital curren...
Bitcoin Holds Solid Support $25,400 Despite SEC Suppression
Key Points: Bitcoin has remained stable amid a revamped market-wide initiative by the SEC. Its price performance has not dampened the enthusiasm of short-term holders. $25,400 is Bitcoin’s key support...
Polygon’s zkEVM Beta Hits 100K Wallets, Setting New Adoption Record
55 mins ago | 2 mins read Market News Polygon’s zkEVM Beta achieves 100K unique wallets, reflecting growing popularity and adoption. The exponential increase in unique wallets showcases Polygon’s abil...
FTC Sues To Stop Microsoft’s Acquisition Of Activision Blizzard
Topline The Federal Trade Commission sued Microsoft on Monday in an effort to stop the company from closing its almost $70 billion purchase of Activision Blizzard—in what would be the largest acquisit...
Lummis Renews Commitment to US Crypto Regulation: ‘The Fight is Far From Over’
United States senator Cynthia Lummis said that the “fight is far from over” as she re-dedicated herself to pushing for a positive regulatory framework for crypto over the weekend. The Republican, from...
Polygon 2.0 introduces upgrades to tap into ‘Value Layer’ of internet
On June 12, Polygon Labs announced “Polygon 2.0,” a set of upgrades that seeks to establish the “Value Layer” of the internet, which the company says will allow users “to create, exchange, and program...
Binance Gearing Up for Criminal Prosecution
Alex Dovbnya Binance, the world’s premier cryptocurrency exchange, and its CEO, Changpeng Zhao, have enlisted the help of a high-profile lawyer, seemingly in anticipation of a criminal lawsuit B...
BREAKING: House Republicans File New Bill To Fire SEC Chair
Key Points: House Republicans Warren Davidson and Tom Emmer have formally introduced legislation to reform the Securities and Exchange Commission and replace its chairman, Gary Gensler. When the SEC w...
Binance.US enlists all-star lawyer as it preps for government showdown
Binance.US is preparing for a legal showdown, and it’s beefing up its legal team ahead of a hearing scheduled for June 13. In a filing on Monday, George Canellos, a partner at Milbank’s New York offi...
Tether Bolsters Reserves with $1B Issuance on Ethereum Blockchain
Tether completes its second $1 billion issuance in two months, reaching over $16 billion in 2023. The recent issuance on the Ethereum blockchain is categorized as “replenishment” and will not impact U...
Polygon 2.0: What’s New in Scalability and Liquidity On Polygon Network?
Polygon’s vision is simple and groundbreaking: to become the Value Layer of the Internet. The Internet, in its essence, provides a platform for the creation and exchange of information. The Value Laye...
Thirdweb Plots Web3 Gaming Push With Ex-Facebook Exec Hire
This story comes from GG. Your Web3 Gaming Power-Up Discover GG Infrastructure startup Thirdweb has appointed former Facebook executive Atif Khan as its new Vice President of Gaming in a bid to accele...
Litecoin [LTC]: Bears seize control with break of trendline support
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Bears halted bullish momentum with a break of key...
US Not Dominant Anymore In Crypto Market
Crypto Market News: Former Coinbase chief technology officer and crypto investor Balaji Srinivasan once again made a claim about the state of the crypto market. Earlier, in March 2023, he made a sensa...
Ripple expands Canadian engineering activities with U of Toronto XRP validator
The University of Toronto plans to launch an independent XRP Ledger (XRPL) validator, Ripple announced June 12, as the university will become part of Ripple’s University Blockchain Research Initiative...
XRP Community Gets Ready for Likely Reveal in Ripple Lawsuit
Tomiwabold Olajide Ripple v. SEC: Expectations increase as reveal that might impact lawsuit beckons Expectations are rising in the XRP community ahead of a likely reveal slated for June 13. The public...
mfers Review: The NFT Collection Of The Community With An Interesting History
Sartoshi, an NFT artist and influencer, presented a series of stick figure NFTs made completely from hand drawings in November 2021. The project exploded, quickly becoming one of the top NFTs in the i...
A Brief Guide Explaining the Concept of Aavegotchi & GHST Tokens
Recently, the surge in non-fungible tokens (NFTs) and play-to-earn mechanisms has been changing the gaming world. By using blockchain technology, NFTs and other in-game assets can be transferred and o...
Blockstream CEO Adam Back responds to US crypto pressure
Amid the mounting regulatory pressures on cryptocurrency exchanges, Blockstream CEO Adam Back highlights the inherent resilience and adaptability of the crypto industry, insisting that it will continu...
Automated Aircraft Inspections Will Soon Be Commonplace For Airlines
Drone or quadcopter with camera 3d for scanning. This idea is now being applied to aircraft … [+] inspections, and will result in lower costs and improved safety. getty Aircraft are regularly in...
EToro curtails new orders of SEC-deemed crypto securities for US customers
The brokerage eToro is cutting off US customers from four crypto tokens newly deemed securities by the SEC. The market maker on Monday cited a “rapidly evolving regulatory landscape” in explaining th...
How ‘The Idol’ Will Help Jennie From Blackpink’s Music Career
INCHEON, SOUTH KOREA – FEBRUARY 21: Jennie of BLACKPINK is seen upon departing at Incheon … [+] International Airport on February 21, 2020 in Incheon, South Korea. (Photo by THE FACT/Imazi...
PawChain Sets to Revolutionize Blockchain Utilities
2 hours ago | 2 mins read Altcoin News PawChain revolutionizes blockchain with innovative utilities and user-centric design. PawAggregator, PawDAO, and PawWallet redefine the crypto experience for ent...
Grimes Helps Artists Distribute Songs Using Her AI Voice—If They Split Royalties. Here’s How It Works.
Topline Artists and fans of Grimes can legally create and have songs professionally distributed using an AI-produced version of the artist’s voice, following a partnership secured between a music dist...
Robinhood Crypto Trading Volume Falls to $2.1B in May, Down 68% YoY
Robinhood, the popular trading platform known for pioneering commission-free trading, reported a significant decrease in its Robinhood crypto trading volume. In May, the trading volume dropped to $2.1...