The Philippines Securities and Exchange Commission (SEC) is taking a significant step towards regulating the crypto sector in the country as they have released a bunch of draft rules and regulations a...
Tag: Breaking
LayerZero CEO denies accusations of critical trusted third-party vulnerabilities
LayerZero CEO Bryan Pellegrino denied accusations that LayerZero — in connection with its Stargate bridge — has two critical trusted third-party vulnerabilities. “It’s 100% factually incor...
Twitter preps for payments with crypto option as Musk eyes super app, FT says
Twitter is working to line up the necessary regulatory approvals needed to integrate payments into the platform, including future crypto capabilities, the Financial Times reported. The social m...
Breaking News: Yuga Labs Founder Steps Down for Health Reasons
NFT Entrepreneur and Yuga Labs founder Wylie Aronow, creator of Bored Ape Yacht Club and CryptoPunks, Takes Time Off for Health after CHF Diagnosis. Yuga Labs Founder Steps Down Wylie Aronow, one of ...
Breaking Down 5 NFT Collections by Sales Volume – Markets and Prices Bitcoin News
Non-fungible token (NFT) assets have existed since at least 2014, but interest in them began to rise in January 2021, according to Google Trends data. Approximately one year later, the search term “NF...
Arbitrum-based DEX Vest comes out of stealth with seed round from Jane Street, others
Vest Exchange came out of stealth and revealed plans to launch a decentralized perpetual futures exchange on the Arbitrum network. The exchange has closed a seed round for an undisclosed amount ...
Secret Labs and Secret Foundation battle it out openly
Guy Zyskind, founder and CEO of Secret Labs, raised a number of questions around the past operations of the Secret Foundation and its founder Tor Bair. Both entities support the Secret Network, a priv...
Big funding rounds, layoffs and FTX developments
The past week saw an interesting set of big funding announcements, although the overall market sentiment remains bearish. Several companies announced job cuts as they struggled to stay afloat with the...
Prosecutor seek to restrict Bankman-Fried’s bail terms after apparent attempts to influence witnesses
U.S. Attorneys want to restrict FTX founder and ex-CEO Sam Bankman-Fried’s access to encrypted messaging services and bar communication with former FTX and Alameda employees, after prosecutors suggest...
Ether below $1,600, Silvergate down on dividend deferral, Coinbase pops 10%
Crypto prices remain relatively steady, with most of the major coins flat or marginally higher. Silvergate sank after suspending a preferred dividend. Bitcoin was trading at $23,000 by 11:50 a....
Floki Inu price soars 14% following DAO proposal to burn $55 million tokens
Dog-themed meme coin floki inu soared in price following a community proposal that would burn $55 million worth of its tokens. Floki Inu was trading up 14% to $0.000012 at 6:06 a.m. EST, accordi...
SEC bats down ARK’s and 21Shares’ second bitcoin ETF proposal
The Securities and Exchange Commission has rejected a spot bitcoin exchange-traded fund proposed by ARK Investment Management and 21Shares. The decision marks the second time ARK and 21Shares ...
US economic growth tops estimates, grew by 2.9% during the fourth quarter
The U.S. economy grew by 2.9% during the fourth quarter, narrowly topping estimates of 2.8%. Growth in the final three months of last year was primarily driven by consumer and federal government...
ZEC Price Analysis: Token faces rejection after breaking out of consolidation zone
The token is trading above the 50 EMA on the daily time frame. The pair of ZEC/USDT is trading at the price level of $47.05 with a decrease of -0.60% in the past 24 hours. The ZEC token had been conso...
FTX debtors, Bahamian liquidators object to U.S. Trustee’s examiner request
Allowing an examiner to investigate the FTX bankruptcy would “come at an enormous cost” and “provide no benefit” to creditors, lawyers for the troubled crypto exchange said in a court filing. T...
Elizabeth Warren rallies crypto critics to defend the SEC’s record post-FTX
Sen. Elizabeth Warren, D-Mass., pushed for tighter regulation on the crypto industry on Wednesday in an event hosted by the American Economic Liberties Project called “Confronting the Crypto Cha...
DYdX pushes back $156 million of token unlocks for investors to December from February
Decentralized exchange dYdX delayed its token unlocks for investors to Dec. 1 from Feb. 3, according to a note sent out to investors obtained by The Block. The exchange was set to release 150 mi...
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...
Digital Currency Group’s Luno cuts 35% of staff
Luno, the crypto exchange owned by Digital Currency Group, reduced its workforce by 35%. The London-based firm told employees about the layoffs earlier today. Luno had a total headcount of 960, ...
Wilshire to partner with FalconX as preferred digital asset index provider
Wilshire, the financial services firm, announced a partnership with crypto prime broker FalconX to provide institutional investors with access to the OTC crypto derivatives market. The firm, whi...
Investor Jeremy Grantham dismisses bitcoin’s latest rally as crypto prices tread water
Cryptocurrency prices meandered in early trading, with bitcoin unable to break past $23,000 on a consistent basis. Crypto stocks were marginally lower. Bitcoin gained 0.1% in the past day to $2...
QuickNode reaches $800 million valuation in Series B round
QuickNode, a web3 infrastructure firm that provides blockchain development tools, reached an $800 million valuation in a $60 million Series B round. Dan Tapiero’s 10T Holdings led the roun...