Circle’s plans to go public last year via a $9 billion SPAC merger failed due to inaction by the United States Securities and Exchange Commission, the crypto firm alleges. The deal between Circle an...
News
Crypto Custodians ‘Commingling’ Funds Caused Chaos
The crypto sector continues to clash heads with regulators over stringent regulatory measures. This time, the topic of discussion is the commingling of users’ funds locked in crypto custodians. Regula...
Bitcoin trading around $22,400 as crypto prices pullback with equities in the red
Cryptocurrency prices began to pullback overnight, with ether leading the drop. Equities were in the red during the early session, with Block and Silvergate declining. Bitcoin was trading at $2...
Circle regarding its USDC crypto
Circle, the peer-to-peer payments technology company, spoke at the WEF, World Economic Forum, about its native crypto, the USDC stablecoin, arguing that it represents “a dollar with super powers.” In...
AI sets Shiba Inu price for Valentine’s Day 2023
For many crypto traders, the passion for Shiba Inu (SHIB) is as profound as their love for many of the other cryptocurrencies available on the market. The ‘SHIB army’ believe in the promise of digital...
RPL Price Prediction – Rocket Pool Is Streaking Towards $40 Mark
Join Our Telegram channel to stay up to date on breaking news coverage RPL price has continued to pump this week after recording a splendid performance in 2023. The decentralized finance (DeFi) Ethere...
Open letter to crypto: What is wrong with this industry? Binance pools customer funds with collateral
Exasperation. Irony. Apathy. This week’s story about Binance and its mismanagement of reserves raises many emotions. If you missed it, Bloomberg reported that Binance “mistakenly” pooled collateral fo...
Peter Schiff Claims Bitcoin Shall Never Reach $100k, Gets Trolled
Peter Schiff is a businessman, investment broker, author, and financial analyst from the United States. He is the CEO and chief global strategist of Euro Pacific Capital, a foreign market investing fi...
Stock weak following surprise loss, revenue miss
Boeing (BA) stock is trading lower in the pre-market as the aerospace and defense company reported a fourth-quarter revenue miss and surprise earnings per share (EPS) loss. For the quarter Boeing repo...
US Senator says well-regulated crypto benefits financial system
Republican Senator Richie Torres stated that crypto can be good for his South Bronx community, but that it needs a comprehensive regulatory framework. Crypto can provide a superior payments system Sen...
Blockfi Has over $1.2 Billion in Assets Tied up with Ftx and Alameda
BlockFi, a digital asset lender had more than $1.2 billion in assets strung with the recently bankrupted firm FTX as well as Alameda Research, as per the financials that have been removed before but b...
Pantera, Kraken, and Others Join Consortium for Injective Labs’ $150M Fund
The digital asset markets have been shaky in the past year, but the blockchain sector continues to scale as demand intensifies from both crypto-native as well as traditional institutions eyeing to lev...
ARK Invest Predicts Market Rebound, Says Crypto Assets To Become Valued for Scarcity in Age of Abundance
The chief executive of investment firm ARK Invest thinks the U.S. Federal Reserve is about to alter its inflation strategy, which she believes will help the market rebound. In a new company video, ARK...
Aave gets access to new users through this upgrade, but is it enough
Aave’s partnership with Lemon App could help expand its user base. V3 launch generated interest, but the token’s velocity and network growth declined. With a new collaboration, over 1.7 million users ...
Scott Rolen Elected To Baseball Hall Of Fame, Voters Again Leave Meat On The Bone
FILE – St. Louis Cardinals Scott Rolen watches his two-run home run off Houston Astros pitcher Chad … [+] Harville in the fifth inning during Game 2 of the National League Championship Ser...
Connecticut Police Get $23K in Stolen Crypto Funds Back
Members of a local police force in the state of Connecticut have helped a theft victim recover roughly $23,000 in stolen crypto funds. Police Are on the Case! The money was deposited under false prete...
Layer 1 blockchain Injective launches $150 million ecosystem fund: TechCrunch
Injective, the layer 1 blockchain, launched a $150 million ecosystem fund to support interoperable infra and DeFi adoption, TechCrunch reported, citing platform CEO and co-founder Eric Chen. ...
Do You Know ChatGPT Was Taught By Worlds Poorest People? Report
Since the release of OpenAI’s ChatGPT, it has sparked debate on a variety of platforms due to its ability to interact with users in an extremely realistic manner. However, very few of them are aware t...
Boeing CEO feels ‘very good’ despite a surprise loss in Q4
Boeing Co. (NYSE: BA), on Wednesday, reported a surprise loss for its fourth financial quarter. Shares opened in the red this morning. CEO Dave Calhoun’s remarks on CNBC On the plus side, though, the ...
Unredacted Financial Documents Show Blockfi’s $1.2 Billion Connection With FTX, Alameda Research – Bitcoin News
Unredacted documents mistakenly sent to the bankruptcy court indicate that the now-defunct crypto lender Blockfi had more than $1.2 billion tied up with FTX and Alameda Research. The accidentally reve...
Canoo Gains On Distribution Agreement With GCC Olayan In Saudi Arabia
Canoo Inc (NASDAQ: GOEV) has signed an exclusive agreement with GCC Olayan, a subsidiary of Olayan Saudi Holding Company (OSHCO). The agreement is for sale, service, and distribution of Canoo fleet so...
Two Digital Artists Are Selling NFTs to Donate to Solving Global Problems
The NFT market is seeing a considerable uptick. Despite the general market downturn, over 300,000 buyers joined the NFT action during the past week, up 43.48% from the week prior. With over $256.69 mi...
1inch Foundation Allocates 10 Million Tokens To The Delegation Incentive Program
1inch Network, a DEX aggregating platform, has allocated 10 million INCH tokens to its Delegation Incentive Program, a press release on January 24 shows. The goal is to incentivize more 1INCH stakers ...
Pope Francis Says Being Gay ‘Isn’t A Crime’ As He Denounces ‘Unjust’ Anti-LGBTQ Laws
Topline Pope Francis in an interview with the Associated Press Wednesday said being gay is not a crime as he criticized laws that criminalize same-sex relationships, in what appears to be the latest a...
Solana (SOL) price rally could fizzle out due to weak fundamentals
Solana’s (SOL) recent 250% rally to $25 has shocked many investors in the crypto market. At the same time, traders who had eyes on the negative funding rate for SOL in the futures market could have an...
Ethereum Name Service mulls initiating endowment fund with $17 million
DeFi treasury manager Karpatkey has asked the Ethereum Name Service (ENS) DAO to consider activating the DAO’s endowment fund with 10,766 ether ($17 million), according to a recent governance proposal...
Cardano to Get Support of Binance’s BUSD Thanks to This Bridge
Arman Shirinyan Cardano becomes even more robust as new solution drops thanks to bridge According to the site of Cardanoscan blockchain explorer, users on Cardano will be able to use Binance’s s...
Cryptocurrency News Predictions: Is BTC, SOL, or MCADE the Best Crypto To Invest In Now?
The ongoing crypto bear market has left many investors looking to uncover the best crypto to invest in now, for handsome returns later. Bitcoin, Solana, and Metacade have been key projects under the m...
Despite Crypto Crash, largest European Blockchain Conference almost sold out for March 2023 in Bucharest
Despite this year’s difficult economic climate, big companies filing for bankruptcy and some predicting that “crypto is dead”, the blockchain industry might be coming out stronger than ever. The large...
Intel stock’s dividend sticks out among chip makers. But a cut may be coming.
Semiconductor stocks have been on a tear so far this year, following a difficult 2022. But now that we’re in the thick of fourth-quarter earnings season, investors will be questioning whether or not I...