Global Company
Social media platform X, formerly known as Twitter, is likely to introduce a paid annual subscription for all new users. This strategy, confirmed by owner Elon Musk, aims to effectively tackle the platform's persistent bot problem. Historically, a similar subscription model was implemented for users in New Zealand
Cryptonews
In a groundbreaking development that marks a significant milestone in the blockchain industry, the EigenLayer project team has proudly announced the launch of its mainnet. This pivotal move is accompanied by the unveiling of a novel feature set designed specifically for restakers and operators, signaling a new era of functionality
Cryptonews
The United States Securities and Exchange Commission (SEC) has postponed its decision on the applications by Grayscale Investments and Bitwise for the launch of Exchange-Traded Funds (ETFs) based on bitcoin options. This delay marks a significant moment in the ongoing debate around the regulation and acceptance of cryptocurrency-related financial products
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
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
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
Politics
In a recent development that has captivated the financial and legal sectors alike, the defense team for Sam Bankman-Fried (SBF), the embattled founder of FTX, has vociferously objected to the U.S. prosecutors' recommendation for a 50-year prison sentence. This stance was taken in response to the U.S.
Deals
In an astonishing turn of events, an anonymous trader's foray into the volatile world of memecoins ended in a staggering loss of $152,000 over just three days. The financial debacle unfolded on the blockchain, with Lookonchain reporting the rapid descent from a substantial investment to a significant
Cryptonews
Kamino Finance, a notable DeFi protocol built on the Solana network, has officially declared its plans to conduct an airdrop event for its KMNO token in April 2024. This eagerly awaited event will follow a crucial snapshot scheduled for March 31, during which the participating team will earmark a substantial
Invest
In a significant development that has caught the attention of both financial and cryptocurrency markets worldwide, Binance, the global cryptocurrency exchange, is currently under investigation by Nigerian authorities. The investigation stems from accusations that the exchange has been operating without the requisite license and has been instrumental in the depreciation
Deals
February 6th witnessed a groundbreaking achievement in the cryptocurrency market as the trading volume for spot Bitcoin ETFs soared to an unprecedented $2.4 billion, setting a new historical record. This milestone was first reported by Bloomberg's analyst Eric Balchunas, who highlighted the significance of this surge in
Global Company
In a notable legal move, the attorneys representing Sam Bankman-Fried (SBF), the former CEO of the FTX exchange, have made a formal request to the court to limit his potential prison sentence to a maximum of 6.5 years. This request comes ahead of the scheduled court hearing on March