Deals
In a move that has captured the attention of cryptocurrency enthusiasts worldwide, FTX, a major player in the digital asset exchange arena, has reportedly offloaded between 25 million to 30 million Solana (SOL) tokens. The sale, executed at a price of $64 per SOL, represents a significant discount from the
Cryptonews
Ethena Labs has recently announced a significant enhancement to the backing of its USDe stablecoin by integrating Bitcoin as an additional asset for collateral. This strategic move is aimed at propelling the stablecoin's capitalization to an ambitious $10 billion. As the issuer of USDe, Ethena Labs believes that
Downfall
Galaxy Digital is set to launch a $100 million venture fund, marking a significant move to foster growth within the cryptocurrency sector. The fund, named Galaxy Ventures Fund I, is designed to provide crucial support to early-stage crypto projects, helping them navigate the complexities of the digital asset landscape. Over
Cryptonews
Camp Network, an emerging modular Layer 2 blockchain initiative, has successfully closed its seed funding round, amassing $4 million under the leadership of Maven 11 Capital. Designed as a decentralized network with a keen focus on the entertainment sector, Camp Network introduces a novel platform that enables the monetization of
Technology
Sharpe AI, a pioneering protocol offering advanced trading tools with AI integration, has announced its strategic partnerships with AIOZ W3S and Paradex. This collaboration signifies a significant step forward in leveraging artificial intelligence and blockchain technology to provide traders with unparalleled insights and capabilities. Through its integration with AIOZ W3S,
Global Company
In an insightful commentary that might change the way many view the world of cryptocurrency, Arthur Hayes, the co-founder of BitMEX, has come forward with a compelling argument in defense of meme coins. Traditionally dismissed by critics as "stupid and useless," these digital assets have been the subject
Cryptonews
Google Corporation has recently enhanced its search service by integrating a new feature that enables users to track cryptocurrency wallets by their addresses and view their balances. This service covers a range of popular networks including Bitcoin, Arbitrum, Optimism, Polygon, Avalanche, and Fantom. When a wallet address is entered into
Cryptonews
In a significant move that underscores the tightening regulatory landscape for cryptocurrency promotions, the UK's Financial Conduct Authority (FCA) has issued a stark warning aimed directly at the creators of cryptocurrency-related memes. The regulatory body's latest advisory makes it clear that any form of cryptocurrency advertisement,
Technology
In a significant financial shift, the KuCoin exchange has experienced a substantial capital outflow following accusations by US authorities. The exchange is under scrutiny for alleged unregistered operations, violations of the Bank Secrecy Act, and facilitating money laundering. According to Nansen, a data analytics portal, this turbulence has led to
Cryptonews
In a groundbreaking move set to redefine the landscape of digital asset trading in the UK, the London Stock Exchange (LSE) has officially announced the launch date for its cryptocurrency Exchange-Traded Notes (ETNs). Beginning on May 28, 2024, the LSE will offer trading in Bitcoin and Ethereum ETNs, marking a
Global Company
Binance, the global cryptocurrency exchange, has officially announced its decision to exit the Russian market by selling its entire Russian business segment to CommEX. This strategic move underscores Binance's commitment to aligning its operations with global regulatory standards and its focus on fostering the development of the Web3
Politics
In a significant move, the Prosecutor's Office of Montenegro has lodged an appeal with the Supreme Court, seeking to overturn the extradition order of Do Kwon. The department has raised concerns, stating that the decision for a simplified extradition procedure could only have been made by the Minister