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Binance Founder Changpeng “CZ” Zhao has been released from custody on Friday, following the completion of a four-month prison sentence. Zhao’s early release, two days before the scheduled date was in line with the federal parole rules that allows an inmate to be released before the weekend or a public holiday. He was arrested due…
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Shiba Inu (SHIB) has seen a notable price surge recently, with the popular meme coin trading on an upward trajectory. This increase aligns with a broader rally across the cryptocurrency market. Shiba Inu Price Jumps 10% Following ISHIBA Naming Coincidence A recent X post by Zaheer highlighted that SHIB’s spot price has risen 50% in…
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Wyoming Senator, Cynthia Lummis, an advocate for digital assets, has criticized the US Securities and Exchange Commission’s (SEC) handling of cryptocurrency regulations. Speaking on CNBC’s Squawk Box, Lummis criticized SEC Chair Gary Gensler for his attitude towards the cryptocurrency market saying it was counterproductive and problematic. Senator Cynthia Lummis Critiques US SEC’s Crypto Regulation During…
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Coinbase has announced the addition of EigenLayer (EIGEN) to its listing roadmap, generating excitement among crypto enthusiasts. This news coincides with EigenLayer’s second round of its “stakedrop” airdrop, which commenced on September 16th, 2024. The airdrop marks the final phase before EIGEN tokens become available on exchanges, heightening market anticipation. Coinbase Adds EigenLayer (EIGEN) To…
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The XRP Ledger (XRPL) has revealed two major updates, just after implementing another amendment recently, which have caught the eyes of the investors. Notably, this comes as anticipation is soaring over the potential launch of Ripple stablecoin RLUSD. Now, with Ripple’s continued development on the XRPL, speculation rises on how these upgrades might affect the…
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Sorare, the fantasy sports platform utilizing blockchain technology, has come under scrutiny from UK regulators for allegedly offering unlicensed gambling services. This marks a significant development as it’s the first time the Gambling Commission has taken action against a blockchain-based platform. Based in France, Sorare provides fantasy games centered around soccer, basketball, and baseball, where…
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Grayscale has recently revealed it’s for the top 20 crypto picks, excluding XRP, which have sparked discussions in the broader crypto market. Notably, this comes just after the leading investment firm announced the XRP Trust, which sparked a rally in the crypto’s price earlier this month. Besides, it has also fueled discussions over a potential…
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Bybit, the second-largest cryptocurrency exchange by trading volume, currently has more open interest on its XRP futures market than Binance, the largest exchange by trading volume. This development comes amid the crypto exchange’s recent expansion to the Kazakhstan market, having gained full license to provide crypto trading services in the country. Bybit Tops Binance In…
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FBI Seizes Over $6M in Crypto from Southeast Asian Scam Targeting US Investors The FBI has seized over $6 million in cryptocurrency tied to a fraud scheme operating out of Southeast Asia that targeted American investors. According to the FBI’s September 26 announcement, scammers deceived victims into believing they were investing in legitimate projects, causing…
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The September months have sparked the initial bullish turnaround for most major altcoins amid the recent Fed rate cut. Historically, the crypto market provides accelerated recovery momentum in Quarter 4, intensifying the buying activity. Here’s why SUI and two other cryptos may outperform in Q4 2024, according to Grayscale research. SUI and these 2 Crypto…