It appears that withdrawals from crypto exchange Binance have largely subsided after its $4.3-billion settlement with the United States Department of Justice last week. Data from blockchain analytics firm Nansen shows that Binance witnessed a […]
Pudgy Penguins minted in July 2021, but quickly saw high drama after its former founder came under suspicion he was going to rug the project. A few months later Luca Schnetzler stepped in. With an […]
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Global crypto exchange OKX has announced its partnership with software solution provider Polygon Labs to launch the testnet of X1, a newly established layer-2 network powered by zero-knowledge technology. OKX is the next name that […]
Crypto firm Paxos has secured in-principle approval from Abu Dhabi’s regulator on two fronts: to issue stablecoins and conduct digital asset services. In a Nov. 29 announcement, Paxos said the Financial Services Regulatory Authority in […]
United States personal finance company SoFi Technologies will end crypto trading services for its users by Dec. 19. According to the Nov. 29 announcement, new crypto account openings on SoFi are suspended immediately. All existing […]
Key takeaways Dogecoin is up by 10% over the last seven days, outperforming the broader market. Shiba Memu’s presale has officially crossed the $4.5 million mark. The cryptocurrency market has had a poor week so […]
AI tools grow up so fast! Pika Labs is now the proud parent of a new AI video generation tool, the startup announcing the launch of Pika 1.0 to attempt to merge advanced AI capabilities […]
Asset management giant BlackRock made waves this week by filing for regulatory approval of a spot Ethereum exchange-traded fund (ETF). The proposed ETF, titled iShares Ethereum Trust, aims to give investors direct exposure to ether, […]
The Financial Stability Board (FSB) says multifunction crypto-asset intermediaries (MCIs) are critical to the cryptocurrency ecosystem. However, their business models have vulnerabilities and risks that may negatively impact global financial stability. The FSB recommends a […]
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